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EXTENSION ~'~GREEMENT
THIS AGREEMENT, maae ~he July 14, 1982 , between
the SUN BANk.Ok' ST. LUCIE COUNTY, a Floric~a Banking Corporation,
' party of the first part, and Robert F. Banyett and Dosina Barnett, his wife
- Parties of the second part; ~
~ti'~TNESSETH, WHEREAS, the said parties of the second paxt executed
a~ certain promissory note dated July 13, 1981 , whereby_
they promised to pay to the SUN BANK OF ST. LUCIE COUNTY, garty
o~ the ~ first part, on order thQ surn Q~ n'~--? Ht~~? ~even~y. Fi.~ne
~arsd and no1100-- ~
the f~.rs
payment coming due in full July 0,
Interest at Sun 13an)c's prime oannercial lending rate as it may chauige fran time to time.
WHEREAS, the parties of the second part executed to the party of the
first parti, to secure the above mentioned note, a mortgage on the
foll.owing described premises, to-wit:
As descriUed in said mortgage dated 7/13/81 aryd rev~rded in O.R. Book
359 page 1821 of the Public ~t,~oords of St. Iucie County, Florida: ~
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11ND WHEREA~, the said party of the firs~ part is now the holder of said ~
no~e and mortgage and the said parties of the secand par~ are nGw the ~
owners o~ the said mortgaged ~remises,
NOW THEREFORE, the said parties hereto, for themselves and their assign
hereby mutually agree that the time for the payment of the unpaid
balance of 172,527.05 - due on sai~ note be, i~
and the same is hereby extended to be paid in the fc~llowing manner: t
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~ Principal due in full July 15, 1983 with interest payable .
Quarterly. -
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