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EXTENSIOn AGRELh1ENT
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THIS AGREEh1EI~T. madc the June l, 1979 , ~
~ betweeii thc SUN BANK OF ST . LUCIE COUNTY , A Florida Bankiiig Corpo~ation, ;
party of the first part. a~~dThe Peninsular Flor3,da District Ootnlcil of Assenbli~es of %
A Florida Corporatio~i, party of the secoiid part;
~VITrESSETH, jVHEREAS, the said party of the secoiid Hart execcted a certain
pron~issory iiote dated July 10, 1979 . whereby the}~ pramised
to pay to the SUP7 BAI~K OF ST. LUCIE COUNTY, party of the first part, oi~ ~
order the sum of Ttlirty thousand at~d no/100 ($30,000.00) • ~
the first paymeiit cotr.ii~g due Septembet 1, 197+4 4
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~1'HEREAS, tr.e parties of the secoiid part executed to the party of the first ~
part, to secure the abo~ e mentioiied note. a mortgage oii the followitig ;
described prei:~ises, to-~~it: ' '
Mare particularly desc:ribed in the above m~tiayed mort~gage and being
reoorded in Official Reo~rds Bo~k 229, Page 2129 in the public reoo~ds '
of St. Lucie Cauity, Flori,da.
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i AI~D ~YNEREAS, the said party of the first part is naw the holuer of said iiote :
~'j aiid mortgage aiid the said parties of the second part are iiow the owi~ers of '
~ the sai~ mortgaged premises,
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~ 1\O~ti' THERI:FORE, the said parties hereto. for themselves aiid their assi€iis,
~ hereby mutually agree that the time for the payment of the uiipaid balaiice
~ of $ 22,702.99 ~ due on said note be, aiid the same is 1_ereby
i catei~ded to be paid iii the followiiig mauner:
~ Int~erest on1Y ~3~~9 fo~ the m~nth of Jure and eutending through July,
August ar~d Septanber with regular paymerits bo begin October 1, 1979.
~ It beiug expressl}~ utiderstood and agreed that the said ~rSortgage shall remaiii
ii~ full force aitd e~ect iii all respects and that nothing hereiii shall effect ~r
~ impair aiiy rights aiid powers :Lhich the said party of the first part may ~.ave -
~ therewider for the recovery of the said P.~Sortoagc Debt with interest iu the
~ case of i:oii-fulfillment of this agreeme~it.
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