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` _ MODIFICATION AGREEMElv'I' F-180116
AGREEMII~Tf, made as of this day of .....t.,A..t~: 19.a~, betMeen THE EQUITABLE LIFE
ASSURANCE SOCIETY OF ?HE UNTIED STATES, :New Yak mrpaation looted and having its principal ol6ce at Number
1285 Avenue of the Americas, New Yodc, New Yak, ("Equitable"), and R• W. Z. Groves, a Partnership, by
J. Perry Knight, George W. Weaver, and William A. Zeiher, the General Partners thereof,
and Ng Kam Man and Geh Cheng Nooi
("Mortgagor"), whether one a more, W11'~: R. W. Z. Groves, a Partnership, by J. Perry Knight,
George W. Weaver, and William A. Zeiher, the General Partners thereof,
WHEREASy Equitable is the holder of a note or bond ("Notd'~dated ..........N..oYembtilC...~.1......... 1976..., for
One Hundred Seventy-Five Thousand and No/100---------- 175,000. 0
.................................•--.......................--••---...........................................................Dollars (;....-----~-•----......g, secured by a mortgage,
deed of tntst, or security deed ("1Nortgagd') of evrn date therewith on real property recorded in the office of the .
Official Records of ~ County M St. Lucie S~trof Florida 260
Page ....243....., .
upon which Note there is unpaid the sum of .$154,000.00~~ interest txt the interest bearing sum of .$154,000.00
f ran November _ _ 1. _ . , 19. ~
9.., at the rate of 9 .1 ~ 2 . ....per crntum per annum; and ~rhereas, the parties hereto are
desirous of modifying the Note aced Mortgage in the particulars hereinafter mentioned; NOW THEREFORE, in consideration
of the premises and of the mutual promises herein contained, and of the sum of one dollar duly p:;d to Equitable; it is hereby
mutually covenanted and ageed that the betnts of the Note and Mortgage be and the same are hereby modified u fo
The entire unpaid balance of the indebtedness shall bear interest from July 7 ,
a*_ the rate of Eleven and Otte-Half (11 1/2x) per centua per annum until paid.
All of the provisions of the Note and Mortgage sh:}1 ceanaia is full force and effort except as herein speci6ally modified
and this ageement is made upon the express condition that the Mortgagor is vested wilt the fee simple title to the premises
covered by the Mortgage. And fire said Mortgagor in consideration of tiK grraotiag of this modification further eoveaanb and
agrees to pay wd comply with the teems and conditions of the Note and Mortgage as herein modified, and nothing herein contained
shall invalidate any of the security aoa held for the payment of said debt. This agreement shall bind the. parties, their heirs, kg~t1
c~epcesentatives, sucaasors and assigns. ` _
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IN VVffNESS WHEREOF, the partjes~~d~b~p;~~,this:agteemeot to be duty ezenttod u of the day and year
first above written. 9# y,~+a' y/.~ _ ; a
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A'T'TEST: p, ~ c- i`~.~. ~ y ~
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A~oc ~ - 'a _ j
~,o~ =aa~ t Vice Faesidmt J. Hinkley =
Doris F. Liebetruth I ~ L S
yt}~ ~~3r; ~ 'K. W. Z. G eves, a Partnership ;
Ng Kam Man ~ ~.T~ eery ~ttig~:~...e'r'aT' Ytt~7
Geh eng Ho .............aa,,,~~.............~. ..ifi..~l •Ce ra1..P.a~taeL. _
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_ ~ illiam er, General Part:.