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HomeMy WebLinkAbout0915 ~ TAis Instrument Prepared DY: . ' 1 ~ 6~~~ S~O~~ SWANN & FIADQOCK pAU~ B~tYAN . Attcrr.~y at Law F~•f.ec:h ~ c~~,t~~ 5t«~~ O~lando. FL 32804 MORTGAGB MODIFICATON AND RXTBNSION AGRSSMBNT THIS AGREEMENT, Made this 22nd day of September, 1983, by and between JOHN H. DULSKI and LORRAINE DULSKI~ husband and wife, hereinafter called "MOFTGAGOR" and FIRST UNION SAVINGS AND LOAN ASSOCIATION, hereinafter called "MORTGAGEE". RECITALS: A. MORTGAGEF is the owner and holder of that certain mort- gage (MORTGAGE) dated June 21, 1983, made by the MORTGRGOR to MORTGAGEE recorded July 7, 1983, in Official Records Book 405, Page 1096, Public Records of St. Lucie County, Florida; securing z~ a debt evidenced by a promissory note (NOTE) dated June 21, 1983, ~ M dl o~ in the original amount of SIXTY THO SAND AND NO/100ths DOLLARS Z° o~ ($60,000.00), which MORTGAGE encumbers property more particularly oc m a W~ o` described in said MORTGAGE. ~~a~ - B. MORTGAGOR, the owner in fee simple of all of the pro- perty subject to MORTGAGE, has requested MORTGAGEE to modify NOTE and MOFTGAGE and the parties have mutually agreed to modify the terms thereof in the manner hereinafter appearing. ~I NOW, THEREFORE, in consideration of the mutual covenants I hereinafter set forth and in consideration of the sum of TEN I DOLLARS ($10.00), each to the other in hand paid, and other valu- ~ able consideration, the receipt and sufficiency of which is here- ! by acknowledged, the parties hereto mutually covenant and agree E f ' ~ as follows: _ i i 1. The unpaid principal balance of NOTE is SIXTY THOUSAND i F AND NO/100ths DOLLARS ($60,000.00) and that interest has been ~ f E paid to September 21, 1983. ~ 2._ The terms and provisions of the NOTE are deleted in ~ , i ~ their entirety, and substituted therefore are the terms and pro- visions of Exhibit "A", attached hereto and incorporated herein by reference, entitled "Graduated Payment Adjustable Rate Mort- gage Note." «k ~~?413 ~~~9i~ -~~n~414 ~A~E 9~~ 4::-~cc~r~- ~ ~ ~ _ _ _ ~ - - ._.3._.:~~_ _ _ _ _ - - y... x ~ } ~w, ~ t , . ~ ~ ~ .>~...yx5~, -