HomeMy WebLinkAbout2263
- - ;
than the aforementioned mortgage and real estate taxes accru-
ing subsequent to December 31, 1979.
2. The current principal balance of the indebtedness
evidenced by the aforementioned promissory note is in the
amount o~ S,ixty-Five Thousand ($65,000.00) Dollars and ac-
crued interest on said indebtedness has been paid through j
February 29, 1980.
3. The indebtedness evidenced by the .above described
promissory note of Mortgagor shall continue to bear interest
at the rate of ten (10$) percent per annum and shall be pay-
able in consecutive monthly installments due the first day of
each month in the amount of Six Hundred Twenty-Seven ($627.27)
Dollars and 27/100 each commencing on the first day of April,
1980 and continuing until the first day of March, 1990,
whereupon the entire unpaid principal balance and accrued !
interest shall be due and payable. Each such installment
shall first be applied toward payment of accrued interest and
then to the unpaid principal balance. All sums in default
shall bear interest at the then highest lawful rate of in-
terest per annum in the State of Florida.
4. Except as hereby modified, all of the terms and
conditions of the aforementioned promissory note and mortgage
are hereby ratified, confirmed and approved.
5. Nothing contained herein shall be construed to
impair the security of Mortgagee under the aforementioned
mort a e.
9 9
6. This Agreement shall be binding upon the parties
hereto and their successors and assigns.
IN WITNESS WHEREOF, the parties hereto have executed i
this Agreement in duplicate, each of which shall be con-
sidered an original, on the day and year first above written.
i
-3- )
I1R ,
8(A?K ~ PACE
N[ILL ORI/flN J[~/RI[!) i LLOYO
- Cl~ARTEIiED
P. O BOk 1270. TORT PIERCE. iLORIDA 3]450 -TELEPHONE (]OS) 464-9200
l