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MORTGAGE MODIFICATION AGREEMENT
KiREEMENT made this 8th day of June, 1978, by and
between.Bdmund M. Radke, Doris M. Radke, his wife, and Jack F. Orend
and Margret F. Orend, his wife, hereinafter called the Mortgagor,
and FLORIDA BANK AT FORT PIERCE, A banking corporation existing
under the laws of the State of Florida, hereinafter called the
Mortgagee, for 8nd in consideration of the sum oP~~10.00 and other
good and valuable considerations, and also in consideration of the
promises and covenants contained lyerein, and
f~iEREAS, the Mortgagor did on the_4th day of May, 1973
.execute and give to the Mortgagee a certain promissory mote and
thereby promise to pay to the Mortgagee X92,950.00 with interest
at the rate of 7 3/4x per anew, due and payable~in (60) monthly
installments as follows:
$875.00 on the 10th day of July, 1973 and a like sw
on the corresponding day of each like succeeding period
thereafter, for 59 months and the 60th payment shall be
X72,862.53 plus interest due on the 60th month at the
end of the 5th year.
and
1~HEREAS, the Mortgagor did on the 4th day May, 1973, to
secure the payment of the aforesaid promissory note,execute and
deliver unto the Mortgagee a mortgage deed on certain lands situate
in St. Lucie County, Florida described as follows:
PARCEL is Beginning at the intersection of the South
line of Lot 5, Canning Company's Subdivision as per
plat thereof recorded in Plat Book 1, Page 190 of t::~
Public Records of St. Lucie County, Florida, Kith the
Nest line of the sidewalk on the West side of South
7th Street, as now located, which point is approximately
9.65 feet West of the Southeast corner of Lot 5 and
228 feet North of the centerline of Citrus Avenue as the
same is laid out between South 7th Street and South )0th
Street in the City of Fort Pierce, run thence North 86
feet to a point which is 314 feet North of the center-
line of Citrus Avenue as now located; thence hest 20035
feet; thence South 8b feet; thence East 200.35 feet
more or less to the Loint of Beginning.
SUBJECT TO Boundary Agreement dated August 25, 1967,
recorded in O.R. Book209, Page 2708. St, Lucie County,
Florida, records
PARCEL II: Beginning at a point on the South line of
Lot 5, Canning Company's Subdivision, as per plat
thereof recorded in Plat Book 1, Page 190 St~. Lucie
County, Florida, Public Records, said point being
BOOKti~ P~6f~.~