HomeMy WebLinkAbout0226 WHEREAS, a portion of the above-described lands, more
particularly described as follows:
The South 200 feet of the East 312.5 feet
of Lot 1, INDUSTRIAL SUBDIVISION, as per
plat thereof recorded in Plat Book 9 at
Page 5 of the Public Records of St. Lucie
County, Florida
has been released from the lien and operation of said mortgage
by virtue of that certain partial release dated May 17, 1979
and recorded on May 21, 1979 in Official Record Book 309 at
Page 388 of the Public Records of St. Lucie County, Florida;
and
WHEREAS, Mortgagor has conveyed all of the lands presently
encumbered by said Mortgage to FWC, INC., a Florida corporation;
and
WHEREAS, the said FWC, INC. is the present owner of the
property encumbered by the above-described mortgage; and
WHEREAS, Mortgagee holds the aforementioned note and
mortgage; and
WHEREAS, the parties hereto desire to modify the terms of
payment of the indebtedness evidenced by the aforementioned pro-
missory note of Mortgagee.
E NOW, THEREFORE, in consideration of the premises and the
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F
t
mutual covenants hereinafter set forth, the parties hereto
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agree as follows:
1. The recitals set forth in this Agreement are true and
correct and are hereby made a part hereof.
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~ 2. The current principal balance of the indebtedness
evidenced by the aforementioned promissory note is in the amount
of Forty-Five Thousand Five Hundred Ninety-Seven ($45,597.34)
Dollars and 34/100 and accrued interest on said indebtedness has
3
been paid through September 3, 1980.
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1 NCILL ORRfIN J[FFRICS i LLOrO
CNARTEREO
P. O. BOX ~270~ fORi PIERCE, flOR10A 33454 - TELEPNONE (~OSI t9•-9200
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