HomeMy WebLinkAbout2555 ! . ~ . _ . , _ _ . . , . - . ~ ~ ~-r ~
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~ • M4RT~AG~ MQDII~`I~A'TION~ AGREEMEL~TT ~
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RE: Real Estate situated in.-.e~~t1~~~.~,~ ,~County, Florida, legally descfibed as: ~
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i: ~'he Eas~ 70 ~Ceet ot' Lot 2~, Maravilla (3erden~, Un3t No. 1~ ~s. per plat ~
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,r'' recorded 3n Plat Book 6, page 55~ of the publio reaords of Saint I~ucie i
~ Count Florid~o ~ '
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; ~ WHEREAS, FIRST FEDERAL SAVINGS b LOAN ASSOCIATION OF FORT'PIERCE is th~ Owner of a first mortgage -r
eneumbering the abovQ described ~eal ropar bearin date of Qntober . -
~ , 19.~~, r~corded f n _ ,i~
(~:~R.y (Mtg.) Boo k` 1 l~~, page - 8_ sa~nt Lua ie County, ftorida, Records,~sec~ring a '
promissory note therein desc~ibed; and a setond mortgage ~ncumt~ering the same reel property, date~a~Amhar _K_ ;
` 14 reeorded in t(?."R') (Mtg.) Bao ~k~~, Pag~b _00-b01 securing a promtssory note therein described; the
sama hav ing a b e lance due t his date in the aggregaie sum of ~ 2 2 e 0 2 ; and, . ' ~
YdHEREAS, the parties h~reto far mutual, considerattons wish to (consotidatp said Ind~btedness and) revise the terms
i of payment thereof; ~
` THE EFORE, !T 1S AGREED th~t the unpaid balance of said indebtedness(es) upon the date of this Ag~eement is ~
S-,~:1~4~~.- , and that the undersigned hereby promises to pa,,y said rmour?t, with inte~sst ~t the r'at~¢ stated
below, ~~Ke~~ per month beginning an the~Q~, day of- JanU.~i`Y , 19~ to be ~
_ appfied fi~st to interest at th~ rate of~2,~_% per annum upon tha unpaid balance of said indebtedness and the bafance (
- to principal until said indebtedness is paid in full. A late payment charge of $ 2•~~~, shalt be added to each (
pay~nent remaining unpaid seven days after its due ~fate, i
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~ (T IS FURTWER AGREED that the said mortgages are so merged as to constitute a stngle mortgage lien on the above
; dascribed rea! property, and any default under either of said mortgages shatl be considered a default as to both mortgages.
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~ ~ in alt other respects satd note(s) and mortg~ge(s) sh~ll remain tn fuli force and ~ffect, and tfia underaigned promise
= to pay said indebteciness(es) as herein stated and to rfo~m ati of the obtl attons of said mort a
. 9 9 9~g~ as he~ein revised. ;
EXECUTED, SEALED AND DELIVERED, in duplicate, thts the day of Deoelnb9r ~ ~q~~ (
Signed, sealed and delivered (~aO . 1
' ~ in the resence of: ~
_ ~ p ~ Owner ~ i
s ' Q~n~-- (Seal) ~
, ~ ner {
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; . . . . ~ . Owner 1 t..,......... :i'~ ~
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l ~ ~ ' ~ - r ; . Owner _ ' • rj' ~ ~ - E
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; ~ . - - ' - ~ ~IRST FEDERAL SAVIN~3 ~ tOAN ~ ' • ~ X : : i . i
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' . . ~ _ , ASSOCIATI~N ~ FORT P RCE ~ ~~i p f r ~ r• ;
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f f ~ . _ Authoriz Officer`.'• ~ ~t'
• ~ STATE C3F P'lOridet '
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~ . ~outv7Y OF Saint Luoie ~ - ~
f_ i HER~BY CERTIFY fihat on this day, before,,me, an offiter duly authorized in the State and County aforesald to taka ack-
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nawiedgemenfs, personaNy appeared ~ ClarA Ziav Sm~_~, .
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to me kno tNe ~~'rsarl(sj.d8scribed in and wFw executed the for
i ~ egaing Mortgage Modification Agreement, and
{ ; ~h~... ad~nq~7vtpc~ bofore ~ne~ that~~ executed the .same. , . ~ - ,
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WiTNESS~j~6a`rid
nn o~icialis~at at~ ~ , said County and Stata, thik2~ day o
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~ s~d'•.~~ Q Notary Pubttc, tn and for Stato nd County Aforesaid. ~
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_ y Commission exptres:Notary Pubt~c~ Stat~ ot fbrtda ~t ldrge
: yl.~~?~ ' Borxied by Amer'~an SuretY Co. of N. r,
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