HomeMy WebLinkAbout0983 1. The due date of the above-described mortgage is hereby
modified and extended to the 2nd day of October, 1981.
2. The payments due pursuant to the terms and the note
and mortgage are hereby extended and modified to wit:
Payment to principal of $75,000.00 plus interest
rrom June LU, ly$U t0 Aprll L, ly$1 OI ~L1,~3U.14
shall be paid upon execution of this Agreement.
Parcel "B" described in said mortgage, said ~
parcel being referred to as Building "E" of ~
SAtJD DOLLAR VILLAS CONDOMINIUM will be re-
leased from the operation and effect of the
subject mortgage upon payment by the mortgagor
of the above principal and accrued interest. ~
3. It is further understood and agreed by the parties
hereto that no part of the above-described mortgage and note it
secures, except as hereinabove set forth, is in any way altered,
amended or changed, and the parties hereto do hereby reaffirm and
revalidate with full force and effect the said note and mortgage
as modified by this Agreement.
4. This Agreement shall bind.and inure to the benefit of
the parties hereto and their grantees, successors, administrators
-
; and assigns. •
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; IN WITNESS WY.EREOF, the parties hereto have hereunto affixed
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their hands and seals on the day and year first above writteti:~•%r~~
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Witnesses: AMERICAN BANK OF MARTI~=C
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L B Gc~~~~_ L~ >~ti~ ~~s- ' ~AL)
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ts: Vi ce President
~ , . ' Duane P. ~Ialton
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/ ~~.~'rr~~ ISLAND VILLAGE OF HU~~IiNSpN *
~ ISLAND DEVELOPMENT CU~PO~T~ _ ~
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I ~ ~I/~~ / SAND DOLLAR VILLAS . VEL ~
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