HomeMy WebLinkAbout1005 ~he p~rtier~ her~to ar~ des~x~oue af ~riifying
the Lex~ne of pay~ment og the prinaipal ~nd intie~e~t of g~aid note~
and naoi•~gage~ u~aon ~he ~erm~ h~reinaf
ter mentioned; •
N~f, TH~, in con~ideration of the pr+~miee» and
of ~he mu~uel pro~ige~ harein oont~in~ci, and ~he eum of Ons
~o].lt~r ($1.0~~ duly paid t~ the ~C1ety, St ie hereby mutually
~oven~n~~d ~nd a~reed that the tsz~ne af p~ymsnt of the ~riae~p~1
~nd int~rest of eaid n4tee and r~rt~~gee be and ~he are
k~ereby modsf'~.ed a~ fc~llows t
a. The ins~al~t of ~~i.ncip~l in the
aro~c,unt ~F ~ia, 75o due Auguet 1, ~9~5,
~rx~ wh.iQh ia unpsid, ls hereby deferx~ec~
until ~cl ~hall be du~ ar~d paysble on
August 1, ~,q81, the ~turity o~ ~aid
14~,
b. The on~ire w~,p~id balanoe of ~he
in~d~bt~dneee eh~dll bear i.nt~re~t Pro~
Auguat 1, 1965, at the ra~t~ of ~~er
cen~~ p~r ~nnura until paJ.d .
~ o~ th~ provieion~ ~f sai,d natea and nu~rt~a~e~
ehal~. ~emain in £uIl ~orce ~d etfeat ~xcept ~s h~r~in speci~'tc~lly
modiPi~d and ~h3s a~?e~ment ie m~ade upon ~h~ ~xpres~ conditlon
tha~ ~a2d osvner is ve~ted with th~ t~e sic~pl~ title to ~he
p~emis~e covered by eaid w~r~ga?geB .~nd the eaid ot~ner i~n can- .
eiclerat~.c~n af the granting of thi~ mad~Pgca~ion ~~P~er cov~nants `
axr~ a~reaa to pay s~id ~~inolpa7l ~um exyd ~tereat ~rhan the e~ne
el;~ll be~t~~e due a~d co~ly ~ith ~he oth~r tet~ms ~d con,ditione
of the e~d no~e~ ~'~.d ~aortgsg~~, anud r~othing her~~n ~onta.i.nred
ehall invalidate sn~y of the a~aux?i~~r r~w heid for ~he payment ~
og said c~~b~ . Thie a~x*s~nt ~Yull bind the p~rtses, ~?t~ir
~ua~e~~are, heir~, l~gal repre~en~~tivea ~ aseigne.
aoox i~3~i 4~(1
_ _ _ _
~
,