HomeMy WebLinkAbout0942 This instrunent w:?s I~r~•I~;~ru:l hy;
104588? ~rUQ28~? Marsha 11 J . Fanas , I:t~uu i
• ~ ~ Broad and Casse 1
• 11~A Kane Concourse
• ~ Bay Harbor- Islands, t'1. 3?lia
AMERICAN SAVINGS ANn LOAN ASSC~CIATIOr~
NOTR ANO MORTtiACF MOOI FICATIAN ArAF.F~cF.M'!' -
1. Heretofore,
- the "AorroM~er"
• oxecute a proms ssory note secure y a mortgage and o~thec
security aQreelaents of even date therewith (the "Or iq ina 1 !cote
and Mortgage"); in favor of A~aerican Savings and Loan Association
of Florida. a Florida corporation (the "Lender"), sai!1 mortgage
recorded in Official Records Aook 332 at Page ..:~~9
of the Public Records o County,
Fir da. encumbering the following descr a real property:
Lot 3, Block 3315 First Replat of Port St. Lucie Section 42,
a Subdivision, according to the Platthereof, PB 18/18J
of S~. Lucie County, Florida.
2. In consideration of the promises and covenants set
forth hereafter. the Borrower and I.en~er have agrc•ecl to modify
the terms of the Original Note and Mortgage in order to make the
Original Note and Mortgage a Renewable Rate.taote and Mortgage.
3. The principal balance outstanding under the terms of
•the Original Note and Mortgage as of August 31, 1 g >lo ,
i s the sum Of Tarty Nire Thousand Three Hundred Eighty Nine and 33 100
L S 39,389.33 the "Indebtedness"
4. The Aorrower hereby agrees to continue paying the
Original Note and Mortgage according to the terms thereof, as
modified herein.
5. The terms of the Original Note and Mortgage are-modi-
fled as follows:
~ 5.1 The interest rate under the Original Note is here-
by amended to •Txe1_ve r~n_d percent ( 12 3/4 t) per annum.
Three Quarters
5.2 Beginning on the first day of September
1980, and on the first day of each and every month thereafter,
the Aorrower shall make payments of principal(cand interest in
the amount Cf Tints uf,.,Arnii~ TVP_T+-X Nl TIP A11[j 7d~~ • J 429.4 • ~
unti 1 19~, -the n i t i a 1 Loan
Period , at e t me the then outstanding principal balance ~
and any accrued and unpaid interest (the "balance") shall hec~,ae
due and- payable, unless Aorrower shall elect to extend the
maturity date of the Indebtedness, as set forth herein.
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PLEASE RETURN TO : o f 4
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AMERICAN SAVINGS b LOAN ASSOCIATION OF FLORIDA t'1'.M to P.R!N
17801 N, W. 2nd AVENUE bJI'Pl+Ql1T ASSUMPTION
MIAYI, fLORiDA 33169 F / 9 / AO
80~~ tl6E
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