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HomeMy WebLinkAbout0107 NOW, THSRSFORS, in consideration of~the mutual covenants herein contained and other good and valuable consideration,-the sufficiency and receipt of which is hereby acknowledged, the par- ties hereto agree as follows: - I. 1. That the foregoing recitals are true and correct. - 2. That the Mortgage and aforesaid Promissory Note be end are hereby modified and extended as evidenced by a Renewal Promissory Note dated simultaneously herewith on October 1980 - to provide for interest at the rate of twelve and one-half (12-1/2$) percent per annum with equal monthly .payments of princi- pal and interest in the amount-of Six Hundred Seventy-One and - 74/100 ($671.74) Dollars until the entire unpaid principal balance plus-accrued interest has been paid in full. • 3. That the Mor-tgage as modified herein shall secure the Renewal Promissory Note executed pursuant hereto. and is extended for the term of said Renewal Promissory Note.- 4. That all of the terms and conditions of the Mortgage and the aforesaid Promissory Note, except as modified and extended herein, shall continue in full force and effect. f this Agreement shall b2 binding upon and shall inure ~ - to the benefit of the parties hereto, their successors and assigns. 6. This Agreement shall further serve to correct the - k - legal description set forth in the original Mortgage r-eferred to ~ herein recorded under Clerk's File No. 80-48 5859, Public Records of St. Lucie County and said legal description set forth herein _ - correctly describes the property encumbered by the Mortgage as if - originally set forth therein. ' IN WITNESS WHEREOF,-,the parties have caused this Agree- ment to be executed as of the day and year first above written. F ' Signed in Presence of: - _ - ~ HRY LOUISB BP N STRUNK TH MAS R. STRUNK . X341 10`7 ~ . tNITN. YANOLt11, iMITN. M[AN t11. JACMOMIf2 • IMtO. r. A.. ~AITOIINtTt AT LAM. 1Nt LINCOLN •OAO PALL. YIAYI ifACll. /LOINOA sitt0 - 4