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M~rtgage and Mortgage~ ~te Renewai, 100ti7' ~
Extension and Modification Agreement
Thls Agreement. made th~s _ 1 STH ~ day of NOVEMEER , 19~_ ,
~y and between DQNALD E H~'RN AND BEVERLY A. NERN
~~ere~nat?er ca~?ed "Mo~t~agor" and AMEA] ( AN PI NEER SAVINGS PANK
rlere~nafter caUed "MO[tQegee"
Recitala:
A Mo~tgagee ~s !he owner and holder of that certain mortgage (Mongage) dated q~Q
~nade by the Mortgagor to Mortgagee. ~ece~ded ~n ~FFTCTAi. RF('QRi~S g~k 640 Page
~56 Publ~c Records of ~T LUCIE CJUNTY , FLORIDA , securing
.3 ciebt ev~dence by a promissory note (Note) dated MAY 9th , 1989 .
n cr~e amount of EbRTY THOUSAHC AND (?0 / 1 QO------------------ ---~$4~ which MoNgagee encumbers
~•roperty rr~ore particularly descnbed ~n said MOrtgage.
B Mortgagor, tt~e owne~ ~n fee simple of al! af the property s~b~ect to MortgBge, has requested Mortsagee to modify Note
and Mortgage and the parUes have mu;ually agreed ro mod+ly the terms thereot in the manner hereinafter appearing.
Now, therefore, ~n cons~derat~on of the muluat covenants hereinatter set forth ar,d in consideration ot the sum oi Ten Dollars ($10.00?,
~~ach ro the other in hand paid. and other valuable cons~deraUon, the receipt and sufficiency ot which is hereby acknowledged, the parties
~~ereto mutually covena~t and agree as follows
1 The unpaid pr~nc~pa! ba~ance ot Note +s ~~RTY TH~USAND AAID OC! 1Q ~dQQ-~
a~d that ~nterest has been paid to DF NRER 1~it , 1~89 .
2 The terms and prov~s~ons of the Note are amended and modified ;n accordance with the ferms and provisions of Exhibit "A",
a~?ached herero and ~ncorporated here~n by reference, enbtied N~
3 The terms and prov~s~ons of the Mongage are amended and mod~fied in accordance with the terms and provisions of Exhibit
B. attached hereto and ~ncorporated here~n by reference. enUtled ~~T~A l~~
4 Noth+ng he{e~n mval+dates or snal~ timpa+r or release any covenants, conditien, agreement or stipulation in Note and Mortgage
sr d the same. except as here;r modfied, sha!I continue ~n fuli force and eNect, and the undersigned further covenant and agree to
.,e~'orm and comply w~th and ab~de by each o( the covenants. agreements, cor?ditions and stipulations of Note and Mortgags which
nat ~ncor~s~stent herew~th
5 AI! Mortgagee's nghts aga~rst all parhes, ~nc~ud~ng but not lim~ted to 2i! part~es secondarily liable, are hereby reserved.
6 Th~s agreement shatl be b~nd~ng upon a~d shatl inure to the benef,t at the t?eirs, executors, administrators and assigns, ar
~.,ccessors and ass~gns of the respect~ve part+es here!o
In Witness Whereof, th~s Agreemeni has been d~iy executed by the part~2s h reto the day an~ year first above written
S gned. sealed and d ered ~n the presence ot ~~Mo~ " ~,a'
.
. ~ f
ALD E. RN . ~ C .
- ~ ~ ~ VER Y A . RN ~ ;F' : r
~~'ed. sealed d del~vered ~n the p~esence of ` ort ~
f A ,AN PI .
f >c c. ; ~ t2 ~ ~ - - - = ~ IDENT
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c~ . . .
_ R A. AN~ERS~ , ~,s ;`t,~} OP . ~A~ICEI
.
bu~'t t - . ' L~~CT.E i gg ~ s f,- - r : ; ~,'~b _ '
~ ' ° _ _ ~
`trre f~gding str ,rfcj'erYi wa nowiedge bebre me. this day of N~VF'NB~~ _ , 19
..~$9__ , by
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'~:oJ~Iy~ubtl~' •'t.. t7•3;f % ORIDK
~'~qY'jofnrriS6+~fL~p~S: NOTARY PUBttC. STA1E OF FL
. zXPIRES APR1L 13 1990.
NY GO?A~+.i:~ 'J. Rrts~es•
. ~ ~ ` {GNDE4 YMR~ x~:aAY PUiNC YNDLAY
a~
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Courtty ot~ ST . LDCIE j SS
^e fosegoing ~nstrument was aeknow~edged before me. tr~s 1QtY~ aay of NdVEMA .R , 19~~- ,
.
JAI~S J.FT' ~~RALD VICE , President and g~E~-dN •
, , .
, of At~RICAN PI~NEER SAVTN ANI(~n behaft of sa+d corporation.
,
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. +otary Put~c , ~ ~ s- ° ltec Fee i DOUGLAS DIXON
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~ Cor~uri~Dt~ ~p,ires: ~ - ' Add Fee = St Lucie Couat,r
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Notary,j~~f:'Statt of;~o~& Doc Tu ~k af Circok ~tt
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