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HomeMy WebLinkAbout2602 i . 1021450 Loan t~o. 22174013 NOTR AND lSORTGAGR HODIFiCATION 11ND Bl(T6NSION AG1tBSHKNT Thio Modification and Exteneivn Agreement made thie day of October . 19 89. by and between FIRST CITIZENS FEDEML SAVINGS AND LOAt~t I1S50CIATICJii, referred to ae "Lender". and, Natc111e PdqanO , referred to ae "Borrower". I ~tiBttBAS, the Lender ie the nwner and holcier of that Note dated June 21 ~ 19 89 . in the original principal amount of Fort thousand-----------"-'"-"-'-' and no /100 oollars 40 000.00 wT~`cF~note e eecure y a Hortgage recor ed at U. R. Book 644_, page 15 8 . Public Recorde of St. Lucie County, Floridal and iitlStiS11S, the Borrower and Lender have agreed to modify ttie above-described note and cnortgage terme ae tiereinafter provided. NOH, TtIBRSFOItB, the partie0 do af f irm the premiaea recited herein and in coneideration of the covenante and conditione corttained hereinafter a~d for otlter good and valuable coneideration, tl~e receipt and oufficiency of wliici~ ie I~ereby acknowledged, the parties do agree, with the intent to be bound, ae follows: l. Hodification of Note and Hortqaqc: Tlie above-referenced note and mortgage is 1~ereby modified as followe: a, original annual intereot rate t~ew annual intereet b. ~riginal First Payment Date 21~/90 i7ew First Payment Date 12/1/89 c. Original Maturity Date 1/ 1/ 2005 ltew Haturity Date 11 / 1/ 200 4 d. Original Honthly Payment Amt. New Monthly Payment l?mt. e. Original Change Date ttew Change Date 2. Reaffirmation of Note and Hortqaqe Terms: Thie modification ig not intended nor et~all be it construed to have in any way cancelled or invalidated any other term, proviaion, covenant, or obligation eet forth in eaid note and/or mortgage, provided, however, that if tt~e note and mortgage referenced herein evidence and eecure an adjustable rate obligation, all rate calculations ehall be based upon the "new" terme contained herein. It iB expreBely agreed that the only matters being changed hereby are ae atated herein. The undersigned Borror~er doea hereby reaffirm all other terma, covenante, conditione, and obligations of the note and mortgage being modified hereby includinq all eupplemental provieione thereto. The E3orrowers do furttiet_ confirm the liability under the note evidencing the debt being eecured by the mortgage being modified hereby without offeet, deduction, or defenae. 3. Documentary Stamna and Intanqible Tau~: All documentary etamps and intangible tax due were paid and affixed to the original note and mortgage being modified hereby. Which originale were recorded in the Official records referenced hereinabove. ~ BY SIGNING IISIAH, Lender and Borrower accept and agree to the terms and covenanta ' contafned in this Agreement. i fiitnenoea aa to Lender: FIRST CITI2BiiS PSD$Rl?L SAVIt~GS l~tiD L011N . . ~ k ASSOCIATIOH _ . . - . ~ ~ ~ , ~ ~ ~ ~ ~ , ~-'~a'.L.-x,..~-- B Y : ~ ~ ~ V « ,o _ _ . . . . ~ _ Y~ 0~ ^ C ~ ) - " ; _ . ~ ~ - , ` Sworn to and eubscribed before me thie day of Q~l 19~v. ' . ~ C.,{ OR~O~?~ 9yf, : , • , ` ~ ~Notary) Pu~ ~c ` gt~s~ J~1,Y~~,~;R~~~ (t~otary Seal) My Commineion Expireg • pue~w' ~p~c~~+D`* N~jl? y,w~ssto~~~ w GO u HiL-nenneo aa to Dorrower: goNO~~`Np (eeal) ~ (seal) ~ ~ ~ p ~ DOU(3 r^n 4 Sk Lucie C.~unty ~ f 1~ ^ Clcrk o.° C1iCUit urt 10 214 5 0 s ~ -By L~~~utyClerk Fi~E~C NN~` i~~,r,i•';~. i- „g ~ OOUGLAS C~XGN ~ Sl_ LUCI~ `.^J4Y'~. ; ~ r Sworn to and aubecrihed before me thie day of , 19 ~ - ~ t~ ~ • ' ` ~ (t~otary eeal) ! ,t y Publ c ~ ommiseion x s: . • ' ~ Y ~ ' ' ' ~ ~ _ ~ _ ' rr fiOTARY PUBl.1C. $TATE OF FLORIDA • - MY COMMISSiON EXP{RES: FEB. 21. 1991i ~ ?OHOED TMRU NOTAIIY /tJ~UG UHD[IIWRIT[11/, ~t~~xr.ACM OS/21/69." ' ~ ' BOuK U~4 PAGE2602 . - - - - _ . . , r- . ,t~; ,z~~xst~•f:~ a~~~+~~,~ ~'~~~5' ~ ~ a'~