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HomeMy WebLinkAbout2103 518830 FIRST FEDERAI SAVItv~S AND lOAN ASSOCIATI~N OF FORT PIERCE n~ t~t~RTC,~c;t: r~c~nir• ic~~r~c-y, i~~:T.r•.~tit: , I AND 11SSUMPTInN Ac:~?I:I:MI:NT_---- / Loan No . 23047804 N~~m~ ~: __~~. GEORGE EVENNOUS~ ____ ~ GERTRUDE M. EVENHOUSE 1~ ~ - - -- ----- ---------- ~1 " THIS AGREF.MF:NT iti made this 9th_ cltiy of Febrtl~.~ , 19 8i .~y ~~nd hc~t wc~c~n 1~ I ItS`I' 1'I:I~I:RAL ::t1V T ~.~ ~:, J~NI) 1.011N 11~SOC [/1'I' I ~1N OF FORT PICRCE, hereinaftc~r call~d t h~~ "l~~:tic~ci~iti~n", incl C. GEORGE EVENNOUSE AND GERTRUDE M. EVENHOUSE, HIS WIFE , hereinafter call~d "Own~r(~)". ~ ~ ~ ~~ . W.j T N E S S I: 't' 1 t - kHCREAS, the Assaciation owns ii11(I h~lds thc~ oriqinal pro- missory note and mortc~aye executed un _ F~r~arv ~~1L,. 19 79 , evidencing a E~rincipal indrl~tC~dn~~ss ~~:~ s,~i~l ci,~tc~ ~f $ 31,100.00_, ~~rhich mortgage is recc~rcle~i in nf r ic i.~ I itc~curd 13cok 304 , ~age 234 of the public rc~cor~ls c,f _ST. LUCIE __ ___ C~unty, F'lcrida; and WtlCRI:11S, s;aicl niurt~l•~~~r ~~~~~~vi~l~ .: t I~,~t i hc 11ss;~~~i.it.ivn tn_~y. declare all of the sums ~c~cured hy :,;~i~l m~~t~ty;~~~c~ to b~~ imm~•~li- atcly due and ~~ayablc if all or a~~}• ~•.~rt ~>f the E~ro~~crty c>r any interest therein is solc~ ~r transfc~rr~•~i ~.it-hot.t 1lssoci~~ti~n's arritten consent; and ~JtII:RE:11S, titl~~ tc~ ~~.ti~l F~r~~F~~~rt•; i:: l~~.~iny tr~~nsf~i-r~~ci anci conveyecl to the Owner(s) wl~~~ wishe~ t<~ ~;I~t,~i;t 1lssociation'; c~~n- s~nt Lo said transfcr ~~-~c3 .~~trcemc~nt that th~~ ci-cdit of t;ic~ Owner(s) is satisfactory to the nssc~ci~ition and that the interest ~r~~te payable on the sums s;c~cured h;• s.ii~1 m~rt~;ac~~ shall -b~~ ,zt a rate requested b}~ thc~ 1lssociation; NOW, THF.f2F.t'ORI:, in c~~nsidei-.~t i~~r, c~t t h~.• cove~~~znts an~l ~romi sc~s contained hcrc~i n~~-~d for ~t h~~r :~~«d .~ncl v,~ lu,-~hlc~ c~n- cider~tions, it is herc•by ~~yr~e~d th.~t thc~ ~f~r~~s~~id docume:its bc mocli f ied as f~l l~w~ : 1. The undersic~nc•ci t)wner (~) ~:,~r~~h~ ~~:-:E,r~~ss,ly ~~~sum~s ~~nd agrees to ~~ay the indet~tednc~sti rc~f~rc•~,c~nt~ci by anc~ due r~r. the aforesaid pr~missory n~tc~ and ~:~~~r-t<~~~c;c-~ :~nd ~~ny modi f ie~i- tion or correction therr~f in ace~>rclan~~~~ with th~~ t~rm~ th~~r~~c,f and ~s modified herein. It. is ~qr~~<-•~; th.~t tt~e un~~~~icl ~~i-3nciE~~i1 balance of sai~l in~3~htc~~ln~:.~: as of February_ 9th ____ _ 1 1981 _, i`~ j~IIRTY THOUSAND FOUR_ HUNDRED EIGHTY_r~INE AND_55%100--_------------_---- - - - -- - ---- - - - - - - - ~$~0.489.55------- )~r.d th.~t the int~~rc~~t r~it~~ ~n sai~3 lI1C~E•t~t~cl- ness shall be 13. 50 ~~~~r ccnt E~~~r :innum, h~y i nn i r.c~ on Februarv 9th __~ _1981 _..~ncl t ha t c~~:r,:~~ ~nc i n~~ on _Februarv lOth , ~~ $] , thc nwnc~r (~) sh.~ll F~.~}~ ~,•-~ici E~rinci~~.~l ancl ir.ter~st in consecutive monthlj• ir~~~tallmE~nts ^i THREE HUNDRED FIFTY NI(~E AND 02/100 - - -- ------ ------ -- ----------(S 359.02----------) .~-~~3 ~~ l i F:~~ sum ~r, ih~. -------------- lOth day of e~,cti mont h~ tt~erea~ter unt i 1 the ent ire i nciebted- ness evidenc~d hy the a faresa i d note .~~:c3 r~~rt~aye , as ~od i f i ed herein, i s fully E~aid; ~~xe~~f~t that any rrma i n i r.~~ i nc~c~htc•clnc~~:s , i f not so~ner E~aid, shall hc due and f~~~v~-,ble on March lOth ~~(X 2004 . ' ~ 2. The unc~ersiynecl Owner (s) h~rehr ayrc~c~s that tt~e afor.c~- said indebtedness stated in ParayraE~}: 1 above is due accordinq to th~ terms and conditi~n~; of the afc~rc~~~~id notc~ ~-~nd m~rt~ayc and ~iny moclification thc~r~~of withcut cicfcns~ ~r offsc~r ancl further ~~yrees Xc~ t~~~~ 1 ir~l,1~-. f~r saici i+~~1~•l,t ~~cin~•s~, :i~ ! ul 1 t• .~n~3 to the same extent as if the Owner(~) wa~; the oriqinal maker thcreon. In addition, th~• c~wnc~r(s) ~i~~r~~c~~: to E~c~rson~zlly E~er- form and to fully ~~bidr b}~ ~~1 ] the t~rr,~ ~lilCj c~n~ditions sc~t forth in said note and n~c~rt~~age ancl t h i~ ~~~r~~em~•nt . 3. The Associati~n recognize~ th~~ nwn~r{s) as t}:e nek Qbliq~r (~) on the subj~ct lo~~n, ap~rc~,~~~•4 thc~ crc~c3it cf :,~~:-~~ ~~r.,j g~~~x3~9 ~~~Ezi02 ,,,;~