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HomeMy WebLinkAbout1949 A part of the South 297 feet of the North 1122 feet of the NW 1/4 of the NE 1/4 0[ Section 34, Township 35 South, Range 40 East, St. Lucie County, Florida, being ocherwise described as follows: From the NE corner of [he NW 1/4 of the NE 1/4 of ~aid Section 3~, run South alonK the 1/4 1/4 sectio~i line 973.5 feet to the puint of beginning;- thence run West paral~.el with the North line of t.~e NE 1/4 of said Section 34 a distance of 660.58 feet, thence on a deflection angle of 49°17' to the right run Northwesterly 130.63 feet to a point that is 874,5 feet S~uth of the North line of said NE 1/4, thence run West p~rallel with the North line of said NE 1/4 513,17 Eeet to the Fast rigl~t of way of State Road No. S, thence run South along said right of wa~~ 49.5 teet, thence run East 337.0 feet, thence run South 198 feet, thence run East along the South line of the South ~97 feeC of the North 1122 feet of the NW 1%4 of the NE 1/4 of said Section 34 a distance of 922,53 feet to the 1/4 1/4 section line, thence rur, North i48,5 feet to the point of beginning; SUBJECT T~ a 15 feet draina~e easement over the East 15 feet thereof, '~-'HF.REAS, FLORIUA BANK AT FORT YIcRCn, has, upon rhe request of CHESTER O. STARLING and VIRGINIA SIARLING, his wife, agteed to a modification and extension ol the Notes and Mortgabes ~_ :~_., _~_ V{.: O ~ l 1 v ~~+ u v v ~ ~ ~ NOW, THGREFORE, WITN~SSETI~, that tor and in considera- tion ef the sum oi One Dollar ($1.00), and other valuable consid- erations, to eaeh of the parties hereto by the other paid, the receipt of which is hereby acknowledKed, and the mutual promises and covenants contained herein, do further hereby covenant anc: agree as follows: FIR~T: That th~ above described Mortgages shall continue to be a valid first Mortgage lien and second "lortgage lien, respect- iveiy, on [he property tierein described and said ":ortbages shall stand as seciirity for the payment of the sums listed be:ow. SECOND: Tt~e current balance upon the principal upon the Note dated vovember 28, 1975 is Forty-eight Thousand Six Hundred Twenty-two Dol?ars and 88/lU0 ($48,622.88). Interest shall be pay- able on the above sum at the rate of 18".. percent per annum. A Principal shall be due and payable on yay 15, 1981, together with all accrued interest thereon. n~;K 35~ F~ i945 BRENNAN. +'~~l.UIE f. HAYS/.AR. M^A~:LE ! 6 DE~ Y,E~7?. P~.. 4?~~:J:~NE f5 AT 16W. PvST Q«-~CE BOT( 3773. ~ORT PIERCE. FLA. 33454