HomeMy WebLinkAbout2357 THIRDs That the Promissory Note dated December 28, 1989 shall be rsnewed
and replaced by the Renewal Promissory Note attached hereto as Exhibit B and
incorporated herein by reference.
FODRTH: 1~11 of the terms and conditions contained in s~id Promissory Note
and Mortqage beinq modified only as expressly provided herein.
FIFTH: Thie Agreement shall be bindinq upon and shall inure to the benef it
of the heirs, executors, personal representatives, successors and assigns of
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IN T~TITNBSS i~'SBRSOF, the parties have hereunto set their hands and seals
the day and year first above written.
THIS I5 A BALLODN MORTGAGE SECURING A VARIABLE ADlUSTABLE RATE OBLIGATION.
ASSUMING TNAT THE INITIAL RATE OF INTEREST WERE TD APPLY FOR THE ENTIRE TERM OF
THE MORTGAGE, THE FINAL PRINCIPAL PAYMENT OR THE PRINCIPAL BALANCE DUE UPON
MATURITY WOULD BE APPROXI11iATELY,f83S,384.23, TOGETHER WITH ACCRiIED INTEREST, IF
ANY, AND ALL ADVANCEMENTS MADE BY THE MORTGAGEE UNDER ~'HE TERMS OF THIS
AlORTGAGE. THE ACTUAL BALANCE DUE UPON MATURITY MAY YARY DEPENDING UPON
CHANGES IN THE RATE OF INTEREST.
CHW PROPERTIES, ZNC., d/b/a
ATTEST: India ^~nes Golf Cliii~
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By.
ARTHUR F. WOOD, Secretary LEONARD I. COTTOM, JR.,
President
{C rporate S al)
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! ~ FLORIDA NATIONAL BANR
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i ATTEST:
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EDITH I. WILLIAMSON, S M M ~r::.~~ •
! Asst. Vice President Senior Vi e P esi,~t •
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~ STATE OF FLORIDA
~ COUNTY OF ST. LUCIE
~ I NEREBY CERTIFY that on this day before me, an afficer duly authorized in the State and County
~ ofo~esaid to take acknowledgments, pe~sonally appeared LEONARD I. COTTOM, 1R., and ARTHUR F.
~ WOOD, krtvwn to me to be the President and Sec~e~ary, respectively, of CHW PROPERTIES, INC., and
# they acknowledged before me that they executed the joregoing inst~ument f~eely and voluntarily under
authority vested in them by said corporatian, and they acknowledged before me that the corporate s~al
affixed thereto is the truc corpo~ate sea! of the said corporation.
~ WITNESS ne hand and officivl seal in the County and State last aforesaid thrs ~~:l~Cday of
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My G~pl1}lfllSSlo~N
E'xpires: Nota u6lic
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