HomeMy WebLinkAbout0692 t
• ~
I
i
2. In consideration~of the aforesaid extension, it is .
agreed that the Mortgagors will, simultaneously with the execution
of this Agreement, pay to the MortgagEe (a) the sum of Three Thousand t
Two Hundred Fifty (3,250.00) Dollars, representing interest due
under the aforesaid Promissory Note from August 27, 1979 to February
27, 1980; and (b) the further-sum of Ten Thousand Seven Hundred
Fifty (10,750.00) Dollars, representing prepaid interest for the
extended term of the Note in question.
3. The parties hereto do hereby agree that the terms of
i
the Promissory Note secured by the said Mortgage, be, and are hereby,
modified to provide for an increase of the rate of interest commensu-
rate with the prepayment of interest provided for in paragraph 2 here-
inabove.
4. In. all other respects, the parties hereto do hereby
ratify and confirm each and every provision set forth in said
Promissory Note and Mortgage which have not hereby been specifically
modified.
IN WITNESS WHEREOF the parties hereto have hereunto set
'i their hands and seals as of the day and year first above written.
i
Signed, sealed and delivered SEAL
in the presence of: ( )
~ R. L. Farmer, a a Ro ert L. Farmer
f~
(SEAL)
os o
s to tgagee
y (SEAL)
Fi ip Gomes, Jr.
' ~
0 ortigagors '
i
_2_ ~
E
W~