HomeMy WebLinkAbout0933 ~
~ ~
, ~
~
~
3
i
~
i
;
. ~
immedi~tely preceding execution o~ this Mortgage Modific.ation ;
. ~
f
Agreement; and i
.
WHEREAS, Mortgagors are the present owners of the above i
described real property; and `
- ~
WHEREAS, thP parties hereto desire to modify the terms !
• j
of payment of the indebtedncss evidenced by the aforementioned ~ i
. ;
~
promissory note of Mortqagors. . ~
NOW, THEREFORE, in consideration of the premises and the ;
~ ~
mutual covenants hereinafter set forth, t~?e parties hereto ;
agree as follows: ~
. ~
1. Mortgagors represent and warrant that they are the k
owners of the above described real property and that there are
. . i
no liens or encumbrances against said property other than the ~
~ aforementioned mortgage given to SUN BANK OF ST. LUCIE GOU~ITY
in the amount of Thirty-Five Thousand Five Hundred ($35,500.00)
. - t
_ Dollars., the mortgage hereby modified, and real estate taxes
. accruing suhsequent to December 31, 1581.
2. Mortgagors regresent and warrant that the above
desc~ibed real property is not their homestead and that ~
. ~
WHITLEY DAVIS, JR. resides at 507_Wisteria Avenue, Fort Pierce, _ ~
Florida, and RONALD YOUNG resides at _~]I~ t~ L3•C, Sr• .
Fort Pierce, Florida.
- 3. The current balance of the indebtedness evidenced by
the aforementioned promissory note is in the amount of Nine ~
, ~1 3$ ~
~N~ ~ 3 ~ ~
9 S.
T o ndv( Dollars and accrued interest ~n said ~
SEvW f+c+N~+~E,i~ ,NIN6~r -tl~n~
. ~ _
' d tedness has been paid through December 31, 1981.
! 4. That the principal~payments under the aforesaid.
I
promissory note are hereby.increased from One Thousand Five
.
Hundred ($1,500.00)~Dollars to Two Th~usand ($2,0~0.00) Dollars,
with_the first such payment due on December 31, 1982e
~
f ~ - - - ~
4
~ . i
. ~ i
. ~ j
,
. ,
~ - . I
~
' ~
~,R Q ~
BO,f( ~0~ PAGE ~c ~
c
NEILI ORIFFIN J[FfRIlS i LLOYD
GHA/iTEFEO .
P.O.OOX 12)O, i0.7t PIERC£~fLORiDA 33i54 - TEIEPHONE (3051 464•9200
~