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r PREPARED BY; DAI~IIEL L. ADAMS, ESQ.
~e~~p ~y PNG~I.IBox 14098G~ a 0' BRYAN
i~
Ft. Lauderdale, FL 33302
MORTGAGE MQDIFICATION AGREEMENT ~
THIS AGREEMENT ~,ede and entered into the 6th day of September ~
1985, by and between GLENDALE FEDERAL SAVINGS AND LOAN ASSOCIATION, here-
inafter called the "Lender",:and BUIGAS Ii~1VESTMENT CORPORATION, a Florida
corporation, hereinafter called the "Borrower".
W I T N E S S E T H:
THAT, WHEREAS, Borrower is the owner of the following described
property located, and situate in St. Lucie County, Florida:
SEE EXHIBIT "A" and "B" ATTACHED
WHEREAS, the Lender is the owner and holder of a Mortgage Deed and
Security Agreement from Borrower encumber3ng the property described in Exhibit "A"
which Mortgage Deed and Security Agreement secures the payment of a cartain
note in the original principal amount of One Million Three Hundred Thirty
Thousand and no/100ths ($1,330,000.00) Dollars dated February 19, 1985, and
which Mortgage Deed and Security Agreement was filed for record on February
20, I985, in O.R. Book 456 at Page 1758 of the Public Records of St. Lucie
County, Florida. To further secure the payment of the note and to document
the loan from Lender to Borrower, Borrower has executed for the benefit of
Lender, a Collateral Assignment of Rents and Leases recorded February 20,
198S in O.R. Book 456 at Page 1766 of the Public Records of St. Lucie County,
Florida; a UCC-1 Financing Statement recorded February 20, 1~385, in O.R.
Book 456 at Page 1770 of the Pu~lic Records of St. Lucie ~ounty, Florida ~
and other unrecorded documents, hereinafter called "Loar. Documents"; and ~
WHEREAS, Lender and Borrower wish to make changes in the ~egal
~
descriptions in the Loan Documents.
, NOW, THEREFORE, in consideration of these presents, as well as in
consideration of the sum of Ten and no/100ths ($10.00) Dollars and other
good and valuable considerations, each to the other in hand paid, receipt
of which is hereby acknowledged, and in consideration of the mutual benefit
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