HomeMy WebLinkAbout0946 - - - This instrunent w;~s I~r~?i~::r~:a ~
~~~8 Macshall J. t~na:c, I:::uui,•v 1'~
. 1045541 Broad anc~ Casse 1
11nA tiane Concourse
- Bay Harror Islands, I'1. 3315n
AlIERICAN SAVINQS ANn IRAN ASSOCIATION
NO?R JWD MOR'1'tlAGF MODIfICATIAN ArPF.F.MF.t!T '
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l • tleretOf0r0~' ~ ~ F.11 ~yLrth I~iilyigy~ I$iliria~?
_ - - ~che "aorrow•er"
execute 8 prom ssory note secured by a mortgage and other
security agreements of even date therewith (the "Original Noce
and Mortgage"j,`ia favor of American savings and Loan As>ROCiacion
o! Florida, a Florida corporation (the "Lender"), sai~I mortgage
recordsd in Official Records Rook ~~Q, at Page
of tha Public-Records of County,
F or a, encumboring the following descr bed real rroperty:
Lot 2, Block 584 of Port St. Lucie Section 13, a subdivision
- according to the Plat thereof, PB 13/4 of St. Lucie County,
Florida.
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3. In consideration of the promises and covciian t s se t
forth hereafter, the Borrower and Lender have agr~•ecl to modify
tha terms of the Original Note and Mortgage in order to make the-
Original Note and Mortgage a Renewable Rate Mote and Mortgage.
3. The principal balance outstanding under the terms of
the Original Note and Mortgage as of ei~,Qt ~ _ , 1 g~_.
i s the sum of -
(S 39,884.55 the "Indebtedness"
4. Tha Aorrower hereby agrees to continue payincT the
i Original Npte and Mortgage according to the terns thereof, as
modified herein.
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f 5. ~'he terms of the original Note and. Mortgage are modi-
Pied as follows:
5.1 T'he interest rate under the original Note is here-
- by amended to .Twelve, a~ percent ( 12~ f) per annum.
One Half
~ 5.2 Peginnfng on the. first day of September
~ i9~8Q and on the -first day of each and every month- thereafter,
the Borrower shall make payments of principal and interest in
the amount Of ~ ten,,,. Ai~nAra~ Tv~nf~v 4cwnn nnA 1 Fi11~ S 7 ~ 6 )
until - 1. the 4Zlriitial i.oan ~
period - . at e t me the then outstanding principal balance
9 and any accrued and unpaid Interest (the "E3alance") sha-i 1 heco: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 RET[TRN TO : O f 4 - -
AIAERICAN SAVINGS R LOAN ASSOCIATION OF FLORIDA - t'P.M t~ P.RM
11801 N. W. 2nd AVENUE W I'PI~OIIT ASSUMPTION
MUIMI, fLORiQA 33169 E/9/RO
8x341 P~~E 9~6
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