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HomeMy WebLinkAbout2339 . • { • _ ~ . . _ ~ ` ~ t. . !t . _ _ _ _ _ _ ~ ~ ` ~ 4S1'726 . ; Fors 1rHA-FLA 427-1 f (4-30-73) UNITED STAIES DSPARTM.'+I~TP OF AGRICULTURE ; FARI~RS HOI~ ADMINISTRATION ` AiGREEt~NT BY OTE~R I~lORTGAGEE ~ ~RSAS; L. C. Crowe and W. H. Powell ~ ~ (hereinafter called "Mortgagee") is the amer and holder of a certain Real ~ Batate lyortgage (hereinafter called "securitq inttrw~ent") recorded. or to be recorded~ in the Public Record• of St. LuCieRrc~~ ~~ok o,k s~ fG 7~8' Countq. Florida and Walter C. Forsling (hereinafter r - 3 called "Mortgagor") is (are) the O~mer(s) of certain real eatate described in ~ • ~ , ~ the aforesatd •eeurity instrument; and ; ~ . ~ ~ W~REAS, Mortgagor haa applied to the United States of America. acting through ~ the Adminiatrator of the Farmera Home Adfninistration (hereinafter called the : ~ "Government") for a loan for the purpose of improving or purchasing and ' ~ i~proving said real estate, to be aecured by a Real Estate Mortgage. WHEREAS, the loan insured or made by the Governa~ent; if spproved vill enable 1~4ortgagor to in~rove or purchase and improve aaid real estate and enhance its value; ~ ~ NOH. THEREFORE. in consideration of the insuring or making of the loan bq the ~ ~ Governenent. Mortgagee~ for himself. his heira. executors. Administrators. ' ~ sucteaeora, and asaigna. does hereby agree: 1. That during the period the Government holds a Real Estate Mortgage ' ~ 3 ~ the Mortgagee wiil notify the Stat~ Director. Faztiners Hone Administration. ~ r Gs~ited State Departraent of Agriculture, by certified mail at least thirty (30) ~ , days~pri~: to the commentement of any foreclosure action and vill in the same ~ tTBr.^.^ ~ ~ r gtvP n~~ice of in~encion t~ neRtza rhe sec_~•zity Lnbtrument. BUOK~~~ P~GE~;,JJ~ ~