HomeMy WebLinkAbout2377 87[TB~IBION AGRI~BNT 4+~a~~~r /1 /
WHEREAS, O 19.~~ FLORIDA BANK AT FORT PIERCE
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____~iereinafter tensed party oI the first yart, la?ned_ Clifford C.McMillion, Sr.
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and Josephine M1.McMillion Hereinafter termed patty ~ the sooopd part. the anmFORTY THOUSAND
Iborsow~e)
AND NO/~QO (l40.000,OQZ-------------------dollars, as evldenoed by p~e+oenissoary pots o[ aaa~e sigoei
by Clifford C.McMilli„Qr . Sr. arld Josephine W. McMillion. his wife , matt~rit~; ai folloRS:
Beginning on the 30th day of September 1978 monthly instalments of X372.86, until
paid in full.
and secured as follows: First mortgage , legal description as follows
Lot 7, SHERATON PLAZA, Unit due, as recorded in Plat Book14, pafe 31,
Public Records of St. Lucie County, Florida. .
and as of the date of this Extension Agreement, there is an unpaid principal balance due ~ FQRTY THOUSAND
AND NO/100 (;40,000.00
NOW THERE>!`ORE, at the requestt~iF~c~of the second part and in consideration of ;1.00 paid by the
pairty o! the second part.the party of the t oes hereby extend the amounts and maturity of the pay-
ments due on account of principal as follows: Interest only as long as the house is under construction,
First monthly instalment of principal and interest in the amount of X372.86 shall become
due on December 1, 1978.
and extends payment and maturity of interest as follows: Final maturity date of Loan will be
November 1 1998.
ALL other teens and conditions of said loan or mortgage contained and o! the instruments cm?ering the
collateral pledged. as hereby extended, are to remain in full force and effect and nothing herein contained shall is
anywise impair the security now held for the said indebtedness.
N01'IIING herein contained shall be construed as a novation and default in any of the teens and conditions
of said loan as hereby extended. and/or in the teens of the instruments covering collateral pledged thereto, or is
mortgage contained, and/or of this Extension Agreement. will automatically mature the said loan extended here-
by and hereunder.
our hands and seals this_~x~day of_ November ig~8
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~ (BANS)
FLO D BANK FOR. PIERCE
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- BY: - - -
l T y L. pk , >~~Z;e President
CORPORATE SEAL
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Witness : '
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~ (ENDORSER)
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- BY ~ r
{ (Authodsd siputnre) -
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5 C. McMillion
(SEAL)
i ose ins McMillion
(SEAL)
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