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HomeMy WebLinkAbout0932 ~ard . . ` l , ' , i . 5t36if k i ~ ~ ; ~ MORTCAGE MOD~FTCAaION AGREEMENT ~ . i i THIS MORTGAGE MODIFICATI~N AGREEMENT, made this day of December, 1982, by and between WHITLEY DAVIS,~JR. and ~ ; RONALD YOUNG, hereinafter referred.to as "Mortgagors", and - ! i ELIZA ROCHELLE, hereinaf~er referred to as "Mortgagee". ; . ; W Z T N E S S E T H: . ~ E WHEREAS, on the 13th day ~f June, 1978, Mortgagors ~ executed and delivered to Mort~agee their promissox~~-note in the amount of Fifteen Thousan~ ($15,0OO.OU) Dollars, payable . . . ~ ~ in annual installments of principal of One Thousand Five Hundred ; . , . . ~ ($1,500.00) Dollars each, plus interest at the rate of one-half ~ ~ of One (1/2 of 1$) Percent on tYie outstanding principal balance; ~ E - i ~ ~ and ~ : . 6 . WHEREAS, the indebtedness evidenced by the afoz•ementioned ~ ; Fifteen Thousand ($15,000.00) Dollar promissory note is securea by a mortgage given by•Mortgagors to M~rtgagee on the fallowing- ~ ~ ~ ~ described lands in St. Lucie County, Florida: Lots numbered nineteen and twenty (19 & 20) of Block. B of ?~lamanda Vista Subdivision according to the revised map of said Block as recorded in _ _ St. Lucie County Records, Ft. Pierce, Florida,~ which may also be desc:ribed as: . Lots 19 and-20, Block B, Alamanda Vista Sub- ~ division, Revised Plat, according to the plat . thereof, as recorde3 in Plat Book 7, Page 40, ~ of-the Public Records of St. Luci~ County, Florida; i - 4 and - ~ ; WHEREAS, said Mortgage ciated June 13, I978 was r~coxded j . on June 13, 1978 in Of.ficial Record Beok 288 at Pa-ge 2104 of ~ ~ ~ ~ the Public Records of St. Lucie County, Florida; and ~ ; WHEREAS, Mortgagee has subordinated the lien anu cperation , . of the aforesaid mortgage to that eertain mortgage in the amount ~ - I - ~ of Thirty-Five Thausand Five Hundred ($35,500.00) Jollars executed ~ and delivered by Mortgagors to SUh BANK OF ST. LUCIE COUVTY i ~ i ~it : 1l1=::':1"7^•_lt j11'C7:iTE':~ 7~;L ~T I. LL~J~'I3, 311 Soutli 2nd Stre+~# Fort Piercc, Florida $6~ ~Sg p~ NEILL ORI?FIM JC?FRICS L i.107D • ~ CMAATERED . P.O. BO% 1270~ iOqT PIERCE~ fLOf71DA }~s54 - tELEPNOHE 1305/ 461-0200 - .-s- . _ . _ . _