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HomeMy WebLinkAbout1942 . ~ ~1~t3 j , ~ , ~r 1 . ~ •Y°<< ~ i i G4N~I~~?'?~~i MUD~SGATIC~?? ~i~ION AGIi~~NP ~ i~ - ~ ' I i~ T~LS A4R~ ma.de and entered into this the 21et d~y of Augu$ti ~ 'I 1965, by and be~ween A, WORLE'Y HROWN and Mt~lltY U3U BROWN, h3s w~fe, J. HYAZT I~ BROWN~ a single man~ G'HARL~S R. 3F.xTON and ELEANOR SEX'1'ON, hi~ xife, and ~f D~AI,E L. TAL~ERT~ JR. and DORO~HY A. TA?~ERT, his wife, of the City of Vero i Beach, Cour?ty of Sndian River, and State of Florida., parties of the First i'; part, and THE ~2UDEftrIAL IN~UEtAI~ C02~ANY OF AMERICA, a corporation of the ~ il i~ State of Nex Jersey, paxty oP the secc~nd part, WITHESS~'TH, TIiAT WHERE,AS~ THE PRUDE[sTrIA,L INSU~t~1I~CE COMPANY OF AMERICA, the party of the second p~st, is the o~rner and holder of the ~ollowing notes 1 i ; ~ ! ~ and mc>rtgage s, ~-,o-Wit : ( 1 'j 1. A cert~ain note executed by Jo~eph A. Rosal3a and Andre M. Roeal3~t, hia wife, Robert x. Dyfierg and Jennette R. ~ ii Dyberg, hi.s wife, and Kenneth D. Kienth and I,ouise A. ~ ~ Kienth, his wife, ~ jj dated Deceniber 15~ 1960, in the original principal amount of $45,000.00 ugon ~ wl~ch there is noyr o~tiasg, without defenges~ aet-offa or covnter-claims, ~he ~ rinci al s~ of with interest xhich note is secur~d b r, P P $ 36,000.00 > > j~ a mortgage of even date hterewi~h executed by ss3d parties, recorded in A~brtgag Book 170, Page 703, in the office of the Clerk oP the Circuit Court of St. Luci Il County~, Florida, Which said mr~rtgage is ao~r a valid first lien on all tha.t ~ certain parcel or piece of ]~nd lying and being in the County of St. Iucie and ~ i~ State of F].orida~ mpre particul.arl,y described as follo~+rs : ~ ,i The Southeast one-quarter (SE~) of the Northeaet one-quarter ii (NE~) in Section 34, ~o~m~t~3p 34 sout~, Ra~ge 39 Eas~; a~ ~ ~i 2. A certain note, executed by the parties of the first part, of , ev+en da.te herewith in the principal ampunt oF $ 39 ppo, pp , p~able on + i; dem~.nd, simtittteueously herewith and to be recordec~ in the ofPice of the Clerk ~ of the Circuit Caurt of St. Lucie County~ Florida, xhich m~rtgage is also a f; present vr~lid lien upon the pre~i.ses hereinabove d.escribed, and other lands ~ i~ m ~ m~re particularly described as folloWS: ~ ; ~ The East one~half of the East one-half of the Southeast ; ~ ` i; one-quarter of Section 34, Tawnship 34 South, Range 39 ji East, St. Lucie County, Florida; ~ ;I ~ ' WH~IiEAS all of the lands hereinbefore described are now aFmed by A. ' Worley Brown, J. F~ra.tt Brawn, Dale L. Talbert, Jr. and Charles R. Sexton, each as to an undivid.ed one-fourth interest, and ~ i~ • ~ WHBRF~#S~ THE PRLIDEP'~IAL INSITRANCE COI~ANF OF AME~tI~CA, the party of the second part~ upon request of ~he und~rsigned, has agreed to the consoli- ~ dation ancl coordination of sa3d mortgages so a.~ to form d singl~ va73d f`irst ~ ~]3en on the premds~s therein described, and to the exten~fon of the time of ; nt of said notes and to the mr~dif3cation of the terms thereof. y ` P~ ; I~pW T~REF~pRE= ~EffB ~tE WI'PI~SSEl'S: That the undersigned, for and in oonsideration oP the agre~m~bnt of Tl~; 1'RUDFNI'ZA.L II~'SURAN~E COI~'APY OF ~ ~ A2~RICA, the party of the second part, to consolidate and coordinate said ~ 1 mortgages as aforesa.id and to m~dify and extend the terms of said not°s as , ~ ~i aforesaid, aad in fVrther consideration of the sum of TEN DOLIARB aad other = j) valuable coneiderations to each of the unders3gned pa3d by the said party of ~ the second part a~t or before the ensealing and deliv~ery of these presen~s, E~ the receipt ~hereof is hereby ackno~rledged, do hereby covenant and agree to and ~rith said party of the second part as folloxs: ~ ~ I ~ BOOK.t~O - ~ . _