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Home My WebLink About1919 T~: t ~ ~ i V 1G 1 1 q 1 ~ ..~r ~ - t3Qt.A~1 DIXOI~ ~,'1 t~o F.. S o. ~ _ . . J; . . ~ . J _ . '~.J ' ~ 1 ~ {fI~C `'~~1ntV ~ ' " , Add FM i ..o..---~."~ !1 . f~ J i( I r i ~ r i:;:., N~ t~:::;, i ,;r,~:. t ~ ~'lys C l r r k l'~r.a,: t.oW1 lut'h~t f ~r" A~ - MORTGAGE MODIFICATION AGREEMENT C~ ~ul i This agreement made this 19th dsy of Januarv . A. O., 19 90 ~ by and between Riverside National Bank of Florida Ft. Pierce Flo?ida, BenM NaN, Gry ~nd $I~N a banking association, Pa?ty of the Fi~st Psrt, and Kevin C. Dulfer and Margaret M. Dulfer, married adults . Psrt ies of the S~cond Psrt. WITNESSETH: WHEREAS, the party oi the first part is the ownar snd holder of that oertain mort~e from the parties of the second psrt dated October 17, 198~ and recorded in Officisl R~aord Book.ft4SL, Pa~1.~ of the Public R~oords ot St. Lucie County, Florida, AND WHEREAS, the psrty of the fint psrt is now the owner ~nd holder of that o~rtain promissory not~ for which said mort- gage was given as security, said note being in the ori~inal princip~l sn~ount of Fif tv Seven Thousand Five HLndre•~ Fiftv and NO/100------------------------------------------------------ , AND WNEREAS, the parti~s t~ereto have mutually syreed to modify the terms of said nots and rtwrtpsge, NOW, THEREFORE, in consideration of the mutual a~reements of the puties hsreto, it is s~eed ss follows: (l) Upon the execution of this sgreement, the tottl outstanding unpaid principal under said note snd mortysye is the amountof Fifty Seven Thousand Five Hundred Fifty and NO/100------------------------ The parties hereto acknowlad~e thst upon execution of this syraement the interest on :sid obliqation shall have ~ been paid through January 31, 1990 (2) Said note and mortgage is hereby amsnded snd madified to be psyable ss follows: ~ First payment to March 1, 1990 and maturity date February 1, 2020 ~ All other terms remain the same ~ ~ ~ r ~ ~ i ~ (3) From and after February 1, 1990 , interest rau on said note srid mortgspe shall ba Ten and € ° Five Eighths 10.625 percent ( 96) per annum, intarest to be computed an the unpaid principal balana. ~ ~ (4) This modification is made on the expreu a~rreemant uid under:tandin~ thst all other proviaions of said ori~ind noU ~ ~ ~ ~ and mortgage sh~ll remsin in full force snd effect ssw snd axoept ss modifi~d by this prssment, aRd in the svtnt of ~ ~ ~ default same shall at the etection of the mortgpee operate to matun the full indebLedness to immediate edltction ~ ~ a~d foreclosure. ~ ~ ~ ~ ~ ~ RM ~s-0,.~ , l6tiERi (1 A ~ . . ~ . • 6ooK674 PAGE19~9 ~ - - - . ~ r~,~,~~ 3,-~~~~.~~~~-~:~~` - . ~