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HomeMy WebLinkAbout2341 . j, . ~ ~ . t i . t ~ _ ,f ~ . . . _ . . _ . . . . . . . 4 • ~ ~ . 451'72"I Fors~ FHA-FLA 427-1 , (4-30•73) UNITED STATES DEPAI~i'l~NP OF AGRICUI.TURE FARI~RS HOt~ ADAtINISTRATION AGREEI~NT BY OTHER MORTGAGEE s i~REAS, United States Small Business Adminis~ration (hereinafter called "Mortgagee") is the amer and holder of a certain Real Estate Mortgage (hereinafter called "security instru4ent") recorded. sz?~+s-i~ in Record Book 278, ag 2483 ~ ze~asdsd. in the Public Records of St. Lucie County. Flor~dafand Walter Carl Forsling (hereinafter ~ called "Mortgagor") is (are) the O~mer(s) of certain real e~tate deacribed in ~ f the aforeaaid aecuritq inatrwnent; and ~ WI~REAS, Mortgagor hae applied to the United Statea of America. acting through 4 ~ , t the Administrator of the Farmers Nome Administration (hereinafter called the . "Government") for a loan for the purpose of improving or purchasing and improving said real estate, to be secured by a Real Estate Mortgage. WHEREAS, the loan insured or made by the Government, if approved will enable Mortgagor to improve or purchase and improve said real eetate and enhance its value; i~i, THEREFORE, in consideration of the insuring or ~eaking of the loan by the ~ Government~ Mortgagee. for himself. his heira. executors. Admintatrators.. succeseors. and aaaigns, does hereby agree: ~ 1. That during the period the Government holda a Real Estate Mottgage ~ the Mortgagee Wiil notify the Stat~ Dirertor. Farmers Home Adminiatration. lir.ited State Department of ARriculture, by certified matl at least thirtq (30) ~ aays prfor to the conmentement of any Loretlosure action and wtll in the same marr.^T g~ve n~fice of in~ention to aeR~,~n che seco-ity instrument. , ~ ~ ~~~x3~2 P~UE2~3~ ~ a