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HomeMy WebLinkAbout0914 .r _ . _ _ ~ . ~ ~4a~s~ i~ ~ . MORTGAGS MOnIFICATION AGRBSMBI~IT ' TeIS AGRBBM~NT, aade thie day of August, 1981; by and betae~n LAi~1[d~IOOD MSDICAL ASSOCII~TBS, LTD. , a F'lorida limited par~nership, hereinafter referred to as !Elortgagor" and SUN B!?t~1C OF ST. LUCIB COtTNTY, a Florida banking associa- tfon, Mith ita prin~ipal place of businesa at i11 Orange Ave- nue, Fort Pierce, Florida, 33450, hereinafter refezred to as "Mortgagee' . W I T N E S S B T H: WHgREAS, on the 17th day of July, 1978, Mortgagor ob- tained a loan from ~lortgagee in the amount of Four Hundred Seventy-One Thoussnd ($471,000.00) Dollars and executed and delivered to !lortgage~ a Promi~ssory Note fcr said amount pay- ~ able on or before July 18, 1980, and bearing interest at the rate of nine and one-half (9--1/2$) percen~ per annum; and : WHBRLAS, the inr]ebtednesa evidence~ by the aforementioned Four eundred Seventy-One Thousand ($~71,000.00) Dollar Pro- I ~ missory t~ote is secured by a first m~rtgage given by Mortgagor I to Mortgagee on the folloWing describe~ lands in St. Lucie ( County, Florida: _ Units Nos. 2B, 2C, 2D, 2F, 2G, 2H, 2I and 3C of LAWNWOOD ; MSDICAL ARTS BUILDING, a Condominium accarding to the Declaration o~ Condominium aatea the i7th day of July, 1978, and recorded i.n OoR. Book 290 at Page 1627 of the Publi~ Records of St. Lucie County, Floridaj together ~ with the undivi.dec~ share in the Common Elements appurten- ant co such Onits and all othe~ appurten~nces to such ~ Units as set forth in the Declaration of Condominium~ ~ ~ and f i WBEREAS, said first mortgage dated July 17, 1978 was re- ~ corded on JuYy 18, 1978 in Offieial Records Hook 296 at Page ~ ~ f 1798 of the Fublic R~cords of St. Lucie Coun~y, F2vrida; ana ~ E ' WAEREAS, the aforesaid first mortgage was modified by ~ that certain agree~ent between !lortgagor and Mor~gagee dated ~uly 17, 1980 and recorded J~ly 18, 1980 in Official Record ~ { Book 335 at ~age 447-of the ~ublic Reco~rde of St. Lucie f ~ ~ounty, Flo- :da f an~ ~ rMiE NElll 0111/71N Jt//RI[! i LLOYD a j CMI~RTCIItO -r , •.O. ~O% 127Q~ /QRT H(RC[~ ~IOAIDA 13454 - TCL(M10NC f~OY) 46~-~200 ~