HomeMy WebLinkAbout1744 ~ ~
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E, ~ ~ This document Was
. 4~11~ ~ prepared by Barbara N.
Carter,Century National
80-115 49 6 Bank of Broward,P.O. Box
5100,Fort Lauderdale,
_ Florida 33310
MORTGAGE (AND NOTE) MODIFICATION AGREEMENT .
The undersigned Mortgagor and Mortgagee agree that the
note and the mortgage securing same, described below, shall be
payable in accordance with the modification terms also set forth
below:
A. Description of Note and Mortgage:
1. Note:
(a) Makers (Mortgagors):• DR. CLARENCE C. EDEWAARD and
TEKLA B . EDEIVAARD;
(b) Promisee (Mortgagee): BROWARD NATIONAL BANK OF FORT
LAUDERDALE, now known as CENTURY NATIONAL BANK OF BROWARD;
(c) Date of Note: March 20, 1975;
(d)- Original Principal Amount: 6160,000.00;
(e) Amount- outstanding on f:farch 19, 1980:
Principal: 653,336.00; interest: 62,140.84 r~
2. Mortgage:
(a) Recorded March 24, 1975, in Offical Records Book 237, ~
at Page 2133, of the Public Records of St. Lucie ~
County, Florida. O°
(b) Description of Property:
.Tracts "N", "0" and "P" of Coral Cove Beach Section One, a
subdivision of St. Lucie County, Florida, according to the
• Plat thereof, recorded in Plat Book 11, Page 30 "A" and "B "
of the Public Records of St. Lucie County, Florida,
f
and also:
E
I The following described lot,~piece, or parcel of land,
~ situate, lying and being in the County of ST LUCIE,-State of
~ FLORIDA, to wit:
All that part of Government Lots 3 and 4, Section 25, Township
34 South, Range 40 East, lying east of the east line of Tracts
"N", "0" and "P" of CORAL COVE BEACH SECTION ONE, according to
the plat thereof as recorded in Plat Book 11, Pages 30-A and
30-B of the Public Records of St. Lucie County, Florida, and
lying west of the mean high water line of the Atlantic Ocean
as it exists from time to•time, and lying south of the North
line of Tract "P" as extended from its intersection with the
east line of said Tract "P" of CORAL COVE BEACH SECTION ONE
along its same bearing to the mean high water line of the
Atlantic Ocean and lying north of the north line of-Tract
"bi" as extended from its intersection with the east line
said Tract "I?f" of CORAL COVE BEACH SECTION ONE along its
same bearing to the~mean high water of the Atlantic Ocea ~
' ~
B. tQodified Terms: ~
a
i b #
s 1. Amount outstanding shall, commencing March 19, 1980, bear !
interest at the rate of 17$ per annum, and shall be payable ~
as follows: interest in amount of 62,140.84 is payable ~
BO~~O PdGE D-
i734 ~ , ~ .
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