HomeMy WebLinkAbout0966 Pte; 8red t~y: `
RIV~~S1~1~ NATIONAL BANK 4f FLQRIDJI
P. 0. BOX 310 , ` ' , : ~~~i~
FORT PIERCE, fIORIDA 33454 ...,~.,~i,~l~ `Q
MORTQAC3E MOOIFICATION Aq ~~EEMENT
. 852183
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5.,~ S. L- r~ r~
This ag~esment made this ~ 2nd' ~y pf October , A. D., 19 87 ~
by and between RIVERSIDE NATIONAL BANK OF FLQRIDA, Fort Pierce Florida,
e~nkNa~Citra~w8u~•
~ a banking association, Party of the First Part, and DANIBL H. CAHPBELL AND RHONDA S. CA~BFLL-
hia wife ; j
, Part ie8 of the Sacond Pan.
• ~ WITNESSETH:
WHEREAS, the party of the first part is the owner end holder of thet aertain inortgage from the psrt ie8of the second p~~t
dated April 1.6, 1987 , and recorded in Officia! Record 8ook.~32_, Page~41., ot the PuWIc Reoards of
St. Lucie County, Flo~ida, ~
AND WHEREAS, the party of tha first pan is now the om~er and holder of that oertNn promiuory note for which said nart-
gage was ~iven as security, said note being in the originaf principal amount of _ FI~ T~EE THOUSAND ONE IiUNDRED
A:iD NO/100-----------------~---------------------------------------------~---
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9N~ WHEREAS, the parties hereto have mutually sgreed to modify tfie terms of said note and mortgage,
NOW, THEREFORE, in consideration of the mutual agreer~nts of the parties hereto, it is agreed as follows:
(11 Upan the execujion of this agreement, the tota! outstanding unpaid principaf under said note and mwtg»ge is the
$mount of FIPTY T'~REE THOUSAND ONE HUNDRED AND NO/100----------- _
The partie: hereto acknowledye that upon execution of this a~eement the interest on said obligation shatl hsve
been paid through October 31, 1987. ,
(2) Said note and mortyage is hereby smended and modifiad to be payable as tollows:
360 manth2y princip$1 and interest payments in the amount of ~530.91
beginning December 1, 1987 with finsl payment due November 1, 2017.
To Correct Property Address To: ~
2481 SE Calusa Avenue
Pt.St. Luc~e, FL 33452
13) From and after___October 2, 1987 , interest rate on said note and mortgage shall be~leven and
_five eighths percent ( 11.625 96~ pe~ annum, interest to be computed on the
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. unpaid principal balance.
(4)~ This moditication is made on the express agreement and underttandiny that a!I other provisions of ssid origins! note
. and morigage shall remain in full force ~d etfect save a~d except as modified by this ayreement, and in the event of
default same shall at the election of the mortgagee operate to meture the full indebtedneu to immediate collection
and foreclosure. '
lOVER) 600K ~ PACE
S-MTti-31 (lI/75) M 08b3~-OSS
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