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HomeMy WebLinkAbout0923 . ~ ~ '~;~~~t~~3 ~3 , ~ _ ; MODIFICATION OF NOTE AND MORTGAGE # ~ ~ ~ TfiIS ~GREEMENT made this ~L ~ day of September, # 1985 by and between T. GIBSON SMITH and RUTH J. SMITH, his wife, ~ (t~ereinafter referred to as "Mortgagee") and HARO~.D L. HALL and KATHLEEN HALL (herein3fter referred to as "Mortgagor"). WHEREAS, on tlie .3rd daY of December, 1.982 Mortgagor i did execute a certain mortgage in favor of Mortgagee which mortgage was filed on the 14th day of December, 1982 in Official Records Book 389, page 1511 of the public records of St. Lucie ~ ~ County, ~~iorida, which mortgage encumbers the following- M t'1 described property located in St. Lucie County, Florida, ~o-wit: ~ b _ Unit No. 93 of WINDMILG VIGLAGE BY THE SEA ~ m u U~~ CONDOMINIUM NO. 1, according to the Declaration .v of Condominium thereof as recorded in Official Records Book 189, on pages 1887 through 2007, inclusive, of the-public records of St. Lucie ~ ~°~,Q ~ County, Florida, togEther with all af the ~ ~ w~ appurtenances to said Unit. ~ . _ ~ ` y and , . f U U1 a~i WHEREAS, said mortgage was given to secure onz fYl N ~'7 promissory note of even date, executed by Mortgagor in the ~ o?-iginal principal amount oi $19,000.00, payable in consecutive ~ ~ ~ _ p ~ monthl installments of * i Q y principal and interest at th~ ra..e of . ~ twelve (12$) percent per annum in the amount of $2Q9.21 due on d ~ ~ the lOth day of each month with the first such monthly payment ~ z due on Januazy 10, 1983, with a11 unpaid principal and interest ~ ~ due and payable in one lump sum on December 10, 1985, and ~ ~ WHEREAS, Mortgagar and Mcrtgagee desire to, by the H execution of this agreement, modify the terms and provisions of ~ the aforesaid ~ort~age and note, ivOW, THEREFORE, in consideration of the premises • herein contained, it is agreed between the parties as follows: a~~'tlc Y!'_t V ~~i{ ~ ~