HomeMy WebLinkAbout1128 MORTGAGE MODIFICATION AGREEMENT
THIS MORTGAGE MODIFICATION AGREEMENT entered into this ~ s1~ day `
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f 1980, by and between :
SUN 8AN K OF ST. LUCIE COUNTY, a Florida banking corporation, - ~ !
hereinafter referred to as "Mortgagee"; 1
LUCILLE V. COSTA, joined by GEORGE A. COSTA, her husband,
hereinafter 3ointly and severally referred to as "Mortgagor";
and
JOSEPH R. HcPJIHON, as Receiver in Proceedings for Arrangement
under Chapter XI of the Bankruptcy Act for George A. Costa,
Lucille Y. Costa and Lucille V. Costa, et als., in the United
States District Court of New Jersey, Case No. B-76-2704,
hereinafter referred to as "Receiver".
NITNESSETH: ~
. WHEREAS, on April 4, 1974, Mortgagor executed and delivered to Mortgagee
a real .estate mortgage (the Mortgage) which encumbers a certain parcel of property
located in St. Lucie County, Florida, as more particularly described in said
mortgage which was recorded on April 5, 1974, in Official Records Book 225, Page
2479 of the Public Records of St. Lucie County, Florida, for the purpose of
securing a Promissory Note-(the Promissory Note) executed by Mortgagor to the order
of MArtgagee dated April 4, 1974, in the principal-sum of 3150,000.00; and i
WHEREAS, on June 19, 1974, Mortgagor executed and delivered to
Mortgagee a real estate mortgage (the Mortgage) which encumbers a certain parcel
of property located in St. Lucie County, Florida, as more particularly-described
- in said mortgage, which was recorded on October 23, 1974, in Official Records
Book 233., Page 276, of the Public Records of St. Lucie County, Florida, for the
purpose of securing a Promissory Note (the Promissory Note) executed by Mortgagor ~
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to the order of Mortgagee dated June 19, 1974, in the principal sum of X150,000.00;
and - `
I
WHEP.EAS, on October 31, 1975, Mortgagor executed and delivered to
Mortgagee a real estate mortgage (the MArtgage) which encumbers a certain parcel -
of property located in St. Lucie County, Florida, as more particularly described
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in said mortgage, which was recorded on November 7, 1975, in Official.Records Book
245, Page 1783 of the Public Records of St. Lucie County, Florida, for the purpose
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of securing a Promissory Note (the Promissory Note) executed by t~rtgagor to the }
order of ~brtgagee dated October 31, 1979, in the principal sum of $25,000.00; and
BOOK~1 PAGE~.J,~?O
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