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NOW, THEREFORE, the parties hcreto, intending to be legally
bound hereby, hereby covenant and agree as follows:
1. Commencing with the payment to be made by Mortgagor to
Mortyagee on April 24, 1988. Mortgagor shall make monthly payments,
~f interest only, in the amount of $833.33 per month until March 24,
1991. The term of the Mortga~e and Mortgage Note is hereby extended
to March 24, 1991. Commencing effective March 24, 1988, with the
first payment being due April 24, 1988, interest on t3~e unpaid balance
uf principal shall be l0o per annum and monthly interest payments only
in the amount of $833.33 shall be due on the 24th day of each month
commencing April 24, 1988, as aforesaid, until March 24, 1991, when
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the principal sum of $100,000.00 plus accrude intere t shall be due
and payable.
2. Except as herein specif ically modified, changed and
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amended, all of the terms, covenants, conditions and agreements of the
i+lortgage and Mort~age Note of :7anuary 14, i983, shall remain in full
force and effect and all of the terms, conditions, covenants and agree-
ments hereof shall be binding on, and inure to the benefit of the
p3rties hereto and t:~eir respective neirs and assigns.
IN WITNESS 'v+IHEREOF, cn the day and year first above written,
said i~:ortgagor anc: Mor~~agee have duly executed this Mortga~e Modifi-
~ation Agre~ment.
(SEAL)
.7U TIN ,L. Y , Mortgagor
(SEAL)
J~;ES C. ROTH, Surviving idortgagee
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