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HomeMy WebLinkAboutScan_1098 ..~- .....---..........---.-----...--..- . '-." ....~~-_...._.._.~._-_._--...~~._..~....~ ..~-_..- ....- ._-_..._.-......-~----_... .~..-..._....._~ 427 n 'annum until pald, interest payable eeml-annual11, to t~e nrder ot the party at the tiret part, land signed b1 C. ~eon 'aber and Mildred L. Paber, his wite, and Clara L. 'aber, a widow, at I the partles at the seoond part; *hloh mortgage eno~bered that oertain paroel ot -land 1~oate4, I ~ 111ng and being 10 st. Luoie County, State ot ~lorida. desoribed os tOllows: l ! fhe South 120 . teet ot Lo~8 8 and 9 at Blook "P" aooording to Aaron Leets plat at ,t, Pieroe. Florida, ao reoorded OD page 102, at Plat Book 1. Brevard County I, I' i i ! and, , reoordo, and also reoorded on psge 189 of Plat Book 1, st. Luole County reoords; ~EREAS said C. Leon ~aber and Ul1dred L. Paber, his wlte, and Clara L. Faber, of the [J parties ot the seoond part, oonveyed to sald Paber Investment Co. Ino., a oorpClration, one of the parties ot the seoond part hereinabove desoribed, by warranty deed, tleted Deoember 31. 1926, and whioh deed la reoorded in Deed Book 74. page 336 at the publlo reoords of st. Luole County. Florida. the lands hereinabove desoribed, together with other lands, ot the time ot whioh oon- veyanoe the soid mortgage was still in full foroe and efteot and eno.wberlng said property; and WHEREAS. sald mortgage an! notes seoured thereby will beoome due aud payable on the 21st dey ot Ua1, A. D. 1930; and n _. J t- WHEREAS, the intereat on sold ~ortgage and the notos seoured thereby i8 now greatly in de- l ialilt; and ifIIXREAS. the sold parties ot tbe seoond part have requested the party of the first part to ; extend the time ot payment ot said mortgage and notes seoured thereby, for an addltlona1 three . (~) years, making some beoome'due and payable on or betore the 21st day of Uay, A. D. 1933; and ; in addition have requested that the said porty of the firat part oanoel all aoorued and unpald interest whioh _oorued and beoame pa1able on or betore llovember 21st, A. D. 1928. and in addi- tion, r~quested that 88id interest be reduoed trom eigbt (8) per oent to six (6) per oent. [said reduotio'n to be etfeotlve the 21st day of llovember. A. D. 1928; NOW THERE1OP.E, in oonsideration ot the premises and of the mutual promises hereln made, and f at One (~l.OO) Dollar and other vslll8ble oonsiderat10na ,paid by the parties ot tbe seoond part j to the party ot the tirst part, the reoelp~ of whioh ia hereby aoknowledged. the part~ at the ; first part d08S hereby extend the time of payment of aald mortgage and note tor the amount ot j : Twent1-six Thoueand (C26,OOO.OO) Dollars, seo~red tbereby for three years trom the ~lst day I at UbY. ~. D. 1930, end making same payable on or botore the Slst day at U~. A. D. lS33, wlth : interest upon 8aid mortgage and Dote at the rate ot Six (6) per oent per anoum. payable semi- rJ annually. tram tl~e 21at day at Uoyember. A. D. 1928, at tbe Central ~armers Trust Company ot ,Weat Palm Besoh. Plorida. . IT IS l'URTHBB UllDXBSfOOD AlIl> AGREED by and between the parties hereto that th1e extenslon j is aubJeot to tbe term.. provis10ns and oondition8 oontained In the original mortgage herelnu [] . ;~bo.e reterred to in all re8peot8 tbe same as it tbe original terms and oondltlon8 of 881d mort- ; gaga and note .eour.d thereby bad been t~ on or betore elght (8) yeare atter the 21st d8Y ot iMay. ~. D. 1926, and proy14&4 turtber that tbe ..14 mort sage aDd .ald Dote will be aubJeot to j 1_11 tbe ter.. of detault end toreolo=~re a. oonta1ned therein. j I I IT IS ~1'1ID UlIDKRS'lOOD AlfD AGRlmD b, alIA bet...n tbe parU88 hereto that ell and singUlar i !the ter.. end oondition. bereln ~nt.1De4 shall extend to and be obi1gator1 upon the heir. end ! . 1...lgna ot the re.peot1YG perti.. herato. I ~ 11 Wl1'I138 WHIBIOP tbe partie. ~o tbe.e pre.ent. exoeptlng the Paber In.eet.ent Co.pan" IIno. on~ at tbe partle. ot tbe .eoond part, haye he~eUDto .et tb01r banda aod..ale, en4 reber I I Inye.t..nt Co. 100., a oorporatloD, ha. oaused the.e.pre.eut. to be exeoutel 1n It. oorporate j \ loame by i'. pre.ident, and atte.,.4 b1 1t. .eoretar" and 1t. oorporate .ee1 bereto ettlzed, I ! ~'.::::;- ~;-~{~'~}1r~f:;};~~~ ;~(~:~?~~~~~i~f .. --~-~.._---_._----_._--. . -- - ---- -. .-. .-.... - _.~-_._---