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HomeMy WebLinkAbout0475 ~ 10~0500 SO-59113 t~tJRIt;~E M~pIFICATIQd A~tE?~'I' ~ ~ rn~tIS A~G3~~F~T made this 24th day of J~Y 19 89 ~ i; , « by and between Michael J. Mc.~Grath and Traoey D. Mc.~Grath, his wi fe .r ~ ~S her e ina f ter ca 11 "MC~RTGrGOR" ar~d R E P L' B L I C S~ 1' I N C S B A ~ K ~ : ~ ? 5~~~ ~utr.i.A.S 1~IRnN ! y - here ina f tet ca l led "M~R'IC~ . " Rec 'Fc e = ..t~.---- ~ . ~ ~ c~ . 4~«~t ° )_ir:r y ~ I' - i . ~ a j t . - ~ `~.i - ~L l~iJl.1 i~W7: . . ' ~ . _ n J S L A. M~~RTC~ is the owner and holder of that cei-tain mortgage , (Nt~'CAiC~) dated Janua~cy 31, 1989 made by the M~RTGAopR ta NlC~}~TC„A~~ reeorded in OR Book 6?6 ,Page 663 , Public Recor+~s - of ST. Iucie County : securing a d~t evidenc.~ed by a prc~?issosy ' ~te (NUt£) dated January 31, 1989 the original amount of Fifty Nine ~ ~hou,sarxi one Hundred Fifty and m/100------ ----Dollars Which ND~ e~ess pro~rty m~re particu2arly described in said B. ~ the aar~er in fee sir~le nf all of the pmdpesty svbject t~ I~, has requeste~d I~~ to mDdify NCnE AND M?I~ZGAI~ ar~d t?~e parties ~ t~attually agreed to n~odify the teans ther~eof in the na~v~es N~w. Z~~ORE, in cansi8esatien of t?~e mrt~al oo~e.rrts • set forth ani in euLSidearatian of the s~sn of ~3~1 DO~ZARS t S10.08) each to the other in hand paid and ottr.r valuable ~sid~*-at3an t~e reoe~.pt - and suffici~x.y of which is hereby aclQr~wledqerl the parties herct~ mi- ~ t~ually ooMer~ant arx3 agree as follvws: ~ 1. 'D~e tt~a.id Parir~ciPal b31ar~0e Of NO?I~ iS ~~Y Ni.ne ZhoUSaT~d Os'ye Fitmc~iad ~ ~ Fifty and m/100------ --D~llars i a~r~d t}sat interest has been pai,d t0 7-31-89 ~ ~ - 2. ~e ternRS and ~xovisioa~s of the NO?~ aure ~ed and nodified ~ in aooom~v~ce with the t~ and grovisians of F~chibit "A", attached ' hereto and iux~orporated herein by refez~r~oe, entitled ~ N~O~i£ ~ ~ ~ 3. 1?~e terms and pro~visio~s of the MD~GAC~E are am~nied and ma1- if~ied in a~eoz~c3ance with t1~e terms and pz~o~visions of F.~chibit "B", ~ attached hereto and incorporated heres by referenc~, entitled ~ 1 ; r~oFrn-~ce 1 ~ q, ~~}~,~a~(~pR here27v reaffirrns all of its obligations set forth in taOR£ At~ID MJRTGAC~E ar~d aqrees to perform each ar~d all of the c~ov~ants , agr~nts ar~d obl iqat ions in MrJR'ir'~1GE and NO?IE ar~d to be ~ bound by each ana all of the terr~s and pravisions of NOrIE a.nd Iy~R~. a cAGE as herein mcxiified. . 5. That all of the property descril~d in M~A'IC,A~GE, less any part ~ thereof that may have ?~eretofore been released shall in all respects be subject to the lien, charge and ~ncumhrance of MORTGA~~ and nothing herein contained or done shall affect tt~ lien, charge or en- clant~rance affected by I~R~C'~1+,GE or the priority thereof over other liens, changes,encunbrances or conveyances. ; 6, Nothiny herein invalidates or shall inpait or release any cnv~ 's ena~nts, condition, agreement or stipulation in NOrIE and MpR'IC',~GE and ' the same, excep~ as herein modified shall cantinue in full force and ? effect ar~d t?ie undersiqned further covenant ard agree to perfo*m a.nd crnply with and abide by each of the covenants, aqree~rnnts, oonditior~s ar~d stipulatiorts of tJtylE and ~~ORIC.AG~ wfiich are not ir~consist.:nt here- with. BG~~. FAGF 475 ~ ~~~„~~~~~''r.~ "~-~s~-~~~~,~, ~ _ _