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HomeMy WebLinkAbout2340. ~- !'~ i\STRUh1ENT PREPAREO BY: `_' ~~:t ~.1. Kenney ~ . L;,:r~ey At Law ~~ 15 S. Indian River Dr. Ft. Pie~ce, Ft 33450 (305~ 461 •0740 ~~_SS~ M)R1'GAC~ NDDIFICATION AGRE~ This Agreenerit dated thi,~~day of , • ..1981 by and between N. R. Wessler, a single adult, here3nafter referred to as mortgagor, and Scott M. Kemey. hereinafter referred to as mortg,agee. [JE~tF.AS, by mortgage dated April 11, 1979, recorded at 0. R, Book 307 page 2294 the Public Records of St. Lucie Camty, Florida, securing payment of the sim-of S9,096.62, mortgagor. ~oined by his then wife, Marsha Wess-er, mortgaged certain real praperty described therein to trortgagee to secure payment of the aforesaid obli.gation of $9,096.62; and ~ W1~ERF.AS, said m~rgage ~nd the Pranissory.Note sect~ed thereby are nvw in Default for faili~e to pay the paycnents when due and martg,agor has secured a purchaser for the property, but as a candition precedent to accepting rein- staterent. of this obligation, m~rtgagee has required that the martg,agor agree to modify the tenr.s ao~d canditians of said m4rtgage as set forth herein. NOW ~URE, in consideratio~n of the foregoing, $10.00 and other good and valuable consdierations, receipt of which is hereby aclanvwledged~ the parties agree as follvws: l. The afaresaid mortg,age t~ld by unrtgagee. dated April 11, 1979, re- corded at 0. R. Bodc 307 page 2294 of the Public Records of St. Tuci,e County, Florida, is hereby m~dified, to pravide that in the event of the sale or transfer of the property mc~rt~aged thereialder, whether by gift, sale, devise, or otherwise, the entire tnpaid principal bal,ar~ce awing ~nder said mc~rtgage and the Pramissory Note seci~ed thereby, shall fortt~rith becane due and payable in full, withaut notice, including any accrued and unpaid interest due therean. 2. By acceptance of thsi Mortgage Modificatian Agreement. mortgageee ag~ees to and accepts the trau~sfer of said praperty fran m~rtg,agor to Michael Naselgr~re ~d Kathlc-en Haselgrave, his wife, and Ray VanMeerten, and Judy Var~erten, his wife. IN WTI~SS WE~tFAF , the part ie s of here in do se t the ir hands and sea 1 s an the day and year ~st abave written. _ ~ _ ,, ~- 1 e.-. ; wit~ness' " - - ~ ~ ~ }~~/~ _ ~ _. ~ v ~~v~~~v~•- N. R.-Wes r, Mortgagor 7~ t i t i t 1 F~~'~347 P~G~2~334 , ~ __~ ~ _ _ ~: , R _ :~~~ _.~ .~...~. v.~ .__ -. ~ - ~~ ___ w._ £ -~ r~.