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I~tTGAOE M~IFICATION AGRF~
THIS M7RPGAGE 1~iDDIFICATION Ate, dated this. d~,dt day of September,
1979 by and between SttJART NATIOidAL BAI~YC, a national banking associatian,
h~xeinafter referred, to as tip 'Mo~'tgagiee'', and FRID R. l~i(aAN, II and JF.ANi~
N, his wife, hereinafter referred to as the 'Martgagar".
the Mortgagee is the holder of that certain Mortgage dated
the 22nd day of September, 1978 and recarded in 0. R. Book 294, page 2491,
St: Lucie Co~mty, Florida, public records, encanaberi~g the larxls described
to wit:
- Lot 6, Block 412, Port St. Lucie, Section 3, -
_ according to the Plat thereof, as recorded in Plat
Book 12, pages L3A through 13I of the public records
of St. Lucie Camty, Florida.
which is hereby-referred to as a part of this agreeiment; and
WDIREAS, tine Mortgagor now requests the Mortgagee to chagge and
modify the Mortgage and Prarrissaxy dote which is secured by said Mortgage,
~ to extend the due date an said Mortgage to the 22nd day of September, 1994.
N0~,1,- ACRE, in ca~sideration of the sun of One Dollar "this day -
in hand paid by the Mortgagors to the Mortgagee, the receipt whereof is
hereby acl~~owledged, and in consideration of the mutual prommses, the _
parties do agree as follows: -
E ~ 1. This instant agceenent is hereby made a part of .the afaresaid
Promissory Note, as completely as if incorporated verbatim therein, and
f said Mortgage Note is hereby referred to and made a part hereof.
it
( 2: It is agreed that the principal urYpaid balance of the aforesaid
l
~t indebtedness is, as of Septenbera~t, 1979, the sum of FORTY TEI005ArID AND
} NO/100 ($40,000.00) DC1tiARS, all -of which Mortgagor promises to pay,
-ether with interest at the rate of EII'VII~T (11.OOF;o) percent per ainiinn tmtil
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maturity, at the principal office of the Mortgagee, in 180 monthly
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installments of $454.64.each, including interest coQmencir~g on the ?2nd day
( of October, 1979, conti~ing on the 22nd day of each and every month there-
after u¢itil the entire indebtedness has been paid. In any event, the
principal balance, if any, re~n~ ~ unpaid, together with accn~ed interest,
G
~ shall be due arri payable on the 22nd day of Septembe~c, 1994. The installments
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of interest and principal shall be applied first to the interest on the Note,
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` ~ ~ as modified, and the balance shall be applied in reduction of principal -
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3. Any references to the attorney's fees, costs and expenses on the
Promissory Note, shall be constntied to include attorney's fees, costs and F
expenses on appeal.
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