Thousand and No/100 :so?i?soe?oss?ee DR BK 153m RECORDED salesman 12:32:56 Pall. Beach County, Florida MIT Deed Doc 36.65 Intang 23magi v. BALLOON MORTGAGE AND THE FINAL PRINCIPAL PAYMENT OR THE PRINCIPAL BALANCE DUE UPON. r. Is $30,295.00, TOGETHER WITH ACCRUED INTEREST, IF ANY, AND ALL ADVANCEMENTS MADE BY THE THE TERMS OF THE SUBJECT MORTGAGE. - PREPARED BY AND RETURN TO: 3? ((63 MO TGAGE IFI ATI NDE 0N AGRE RTGAGE MODIFICATION AND EXTENSION AGREEMENT (hereinafter called made t- 15, 2013, by and between HELEN ROSBURG, hereinafter and MARTIN H. - d?fColin" and ?Borrower?, "7 7 RECITALS: WHEREAS, der is the owner and holder of a certain mortgage executed by Borrower dated March 31, 2008 (hereinafter referr the ?Original recorded in Of?cial Record Book 22543, Page 1885 through 1891, Public Records of ach County, Florida, securing a debt evidenced by a Promissory Note executed by Colin to Lender dated Mar 008 (hereinafter ?Original Note?) in the original principal amount Of Twenty Dollars encumbering certain real property in Atlantis, Florida, said legal description being asfollows.B.4.. "mama??In LOT BLOCK N. CITY is the F- Plat thereof recorde Of?cevof the Clerk of the Circuit Court in and for Palm Beach County, Fl Id in Plat Book 27, Page 190. he . - WH EREAS, Borrower, Colin and Le%e agreeable to extend'therepayment date for ?ve additional years and renew the Original Note until a maturity arch 31, 2018 upon terms hereinafter set forth; and WHEREAS, Borrower Is the owner in of the above-described real-property; and . WHEREAS, Colin will Sign,"conCUrrentl . renewal in'pte?ral; Owed?ifco, - WW WHEREAS, in addition, Colin will concurrentlya new Note equal to the unpaid and accrued interest on Note I plus?attorney's fees incurred by Lender involving Note I to date, attached hereto and referred to as ?Note for convenience purposes; and I A WHEREAS, neither Note I nor l? Ote II will require periodic payments of principal or interest and Note II will have the same due date as Note I which is the maturity date of March 31, 2018; and WHEREAS, Note II is not in substitution of Note I and Note I is not in substitution of Note II and the Parties do not intend any novatlon Of theOrlginal Note or Mortgage or by execution of this instrument; and; shall? be sec?ured-?ih t?egBorrOWEr?S" A recorded mortgage; and i I . WHEREAS, a default in Note I Or in Note II shall be considered a default in the other Note; and WHEREAS, the Parties have mutually agreed to the terms hereof in the manner hereafter appearing; NOW THEREFORE, in consideration of the mutual covenants hereinafter set forth and In consideration of the sum of Ten and ($10.00) Dollars, each to the other in hand paid, and other valuable considerations, the receipt of which is hereby acknowledged, the Parties hereby mutually covenant and agree as follows: lei-j -, law Jaw- 7 ?3?1ij Book26000/Page1630 Page 1 of 7 1. The above. stated recitals are true and correct and incorporated herein by reference. 2. As of the date hereof, the unpaid principal balance of the Note I is TWenty Thousand and 00.00) Dollars. Total accrued interest on the principal of Note I is $4,950.00 dollars from April 1, 2008 through 14, 2013. Total aCCrued attomey fees incurred by Lender with regard heretoduring the said time period is . Thus,.the aggregate _amou_r_i_t_due__ as ambunt: of Note orderlto'evidence Colin's continuing o?bligiitions tame-"tales e? aiigiaa'r'm?a and the Borrow??tinmng obligations to the Lender under the Mortgage, Colin 'has?executedand delivered to the Lender a Renewa gmending the term of repayment) and a New Note for unpaid sums set forth above and owed to Lender in th attached as Exhibit ?A"-Note I and Exhibit II. 4. th Note I and Note II shall mature on April 1, 2018 at which time all principal, interest, attorney's fees a ancements, if any, under the mortgage by Lender shall be fully due and payable without demand or notice. - I . 5. ,rowerherebyreaf?rms andagreesetoperform - each and all of the cov and all of the provisions 6. Nothing agreements and obligations in the Mortgage and Colin agrees to be bound by each ote and Mortgage and as herein set forth in Note I and Note II. - 7 contained -or done shall invalidate or shall impair or release any covenants, conditions, agreement or stip in the Original Mortgage and OriginalNote and. Note Note II and each shallcontinue in full force and the real property described in said Mortgage, shall in all respects be subject to the lien, charge and Lender?s Mortgage and nothing herein shall affect the lien, charge or encumbrance of the said Mortgage priority, thereof: over other conveyances. Any 70:; -.2ciemecumemamstammx~~ or intangible tax by Lander" shall be-c ,rge'd :ofiithehindebtedriessn? herein as advancementNeither the Lender, nor ower or Colin is in default of any of their respective obligations under the loan instruments descnbed aboveither Colin nor Borrower has any set-off or defense to the obligations to Lender. Prepayment of the Not it made at any time, in part or in whole. Upon payment in full, Lender shall execute and record a Satisfaction h"e in the public records of Palm Beach County, Florida. 8. In the event. of default of the Note I or Note II or if each and every one of the stipulations, enema .- abided by, then a?nd?hi-eith??ri o?r then unpaid principal sum of the Note(s) with accrued interest andall other sums provided for in and by the said Note(s) and Mortgage snail immediately become due and payable and suit may be brought on the Note(s) or the Mortgage may be foreclosed in the manner allowed. by law with the same effect. as if :the saidindebtedness of the Note were originally stipulated to be paid on that date or had otherwise matured, anything in the Note(s) and Mortgage, or herein, to the contrary notwithstanding. . 9. All payments due under this AGREEMENT shall be made payable to HELEN ROSBURG at the address of 9004 Chateau Lane, rOdessa, .EL Whiting'tto i 7 I 10. All of the Lender?s rights against Parties are hereby reserved. 11. This Agreement shall be binding upon and shall inure to the bene?t of the Personal representatives, heirs, successes and assigns of the respective- Parties hereto?o?aeocednees heron: - i-i ?remen -. .. Book26000/Page1631 Page 2 of 7 IN WITNESS this A year ?rSt about written. LED AND DELIVERED SENC . a I, CKN 5 STATE OF FLORIDA . COUNTY OF PASCO The foregoing instrument was .. who is personally known to me or who has s?f?-ufe -- KIRK - o. LW. I 3033 m. "b 4 ?For ed before me this if: day MaFei-i, 2013 by HELEN ROSBURG, individually, alld identi?cation and who did not take an . STATE OF FLORIDA - COUNTY OF PALM BEACH The foregoing Instrument was acknowledged before me this 33-day of, March, 2013 by MARTIN H. COLIN, who is personally known to me or whohas provided valid identi?cation and who did not take an oath. i t. NOTARY PUBLIC STATE OF FLORIDA. Commission#DD 947047 EXplres April 16, 2014 'th?t Bonded Thi'u Ti?y Fain Insurance 899-385-7019 u" STATE OF FLORIDA . ss. COUNTY OF PALM BEACH The foregoing instrument was acknowledged before me thisal' day of March, 2013; S. who is personallyiknownstome or who has provided valid identification eye; .. . I SHERRIE NORTON Commissl0n#DD 947047 Expires April 16, 2014 BondedIhmeyFainimmeoosas-mo NOTARY PUBLIC - STATE OF FLORIDA BOOk26000/Page1632 Page 3 of 7 gor value received, MARTINIH. COLIN (hereinafter ?Maker'O, hereby promisestopay to HELEN n. ROSBURG ?Holder? at 9004 Chateau du Soleil lane, Odessa,- Florida 33556 (or at mower place or places as the (h Lama? FORTY thereon I I ulstanding. No inbores't ?paynien'ts @hlch maturity date is March 31, 2018. Interest shall accrue on all unpaid principal rema theaholder hereof may designate, from dine to time), the principal sum of TWENTY THOUSAND 4-73.31 this Note un?l from time to time Borrower should fail upon receiving a written shall automatically be inc annum, whidaever shall be'l The principal, unpaid utter?est. a the amounts due Lender under this Note in full within three (3) days of maturity, %of demand for payment in full from Lender, the interest rate payable on this ?ag rm ?uent Interest shall. thereafter be payable by Borro ?erypon' Ed remedies upon a default by'Borrow'e'r, ?iir?i?d?er't'he Mortgage.? upon this Note shall be applied ?rst to the -- The Bonower agrees to court, n4"; disbursement (and including such costs, fees . bankruptcy or insolvency proceedings). No delay by the Lender in enforcing any? covenant or'right'hereunderi?sha'll? d?ein?d a"waiVe'r'"of of interest and secondly to principa- . . tee-m 2w i3? 58 artisans" merits incurred on appeal "or any in any Florida AND in lawful money of the United States of Amen, with __Int_erest accruing - required to be made during the term of ining paid until maturity when all amounts due under this Note shall be fully due and payable. If then Note to the manlrnuni rategi permitted by law, or eighteen percent per emed under the tenns of that certain Mortgage dated. as of. March 31, S. SAVIIT (Borrower?s wife) and Lender. Reference is hereby made to if?or'?iitioff sizi? such covenant or right and no waiver by Lenders of any particular provision hereof snail be deemed a waiver of any other provision or a continuing waiver of such particular provision, and except as so expressly waived, all provisions her shall continue In ?"J?tdf- .Jt l? poi-KinThis Note shall?be govemedby-and? rr i - - - the-State 0 Florida. in the event of die of any provision of this Note, the same'shallfbeceerned .stri eof. ck'en?and the balance of the provisions of this Note shall remain in-fuil force and effect as if the offending? provision never'existed. Time is of the essence as to all obligations hereunder. This None has no prepayment penalty at any time. I BORROWER HEREBY KNOWINGLY, VOLUNTARILY, AND easr TO . HAVE A runner nesescro's aissoiupou . In enriwev?conueW?i?sWeseo - - DOCUMENT CONT EMPLATED TO BE EXECUTED IN CONNECTION NOTE HEREBY, 0R ARISING OUT OF, UNDER OR IN CONNECTION WITH ANY COURSE hged'or?te??inab'edrbrallerhis WAIVES ANY I 'l . ?mbm,?v. . a I Say- g?ibBook26000/Page1633 Note MAY it .. tent. DEALING, STATEMENT (WHETHER VERBAL OR WRITTEN) 0R ACTION OF BORROWER OR LENDER. THIS nun?n - r- - .. I mam-{w I . . ?ip-Iu-hw . Book26000/Page1634 Page 5 of 7 4March 15, 2013 Palm?Beach, Florida ?Hoider") at Giateau'dusoleil the Lender or 39mg hereof may designate, from time to time), the additional principal sum of TEN THOUSAND TWO Hat-<1? ff?se: at place or places as HUNDRE NINETY FIVE ooums in lawful money of the United StatesprAmeric'a, together with interest accrui ereon from the date hereof at the rate of five uperoentper calmiated'ion the daily principal balan time to time outstanding. No. interest or principal payments shali be required to be made during the term ote until-maturity which maturity date is March 31, 2018. Interest shall accrue on all unpaid principal remaining ?me to time I - I . and payable. If Borrohould fail to' pay the amounts due Lender under this Note in full within three (3) days of maturity, than upon rece@a written notice of demand for payment in full from Lender, the interest rate payabie on this Note shall automati-- increased to, the maximum rate of interest permitted by law, or eighmen percent per annum, whid'iev until fully paid. The principal, demand. a rest and Delinquent Interest shall thereafter be payable by Borrower upon zoos, by and between satire, 3h??t??d?i?hri?i?i?ht??i"s ?Fi?l-??ii?y?m?a??io the Mortgage foradditional events of defaul remedies upon a default the Mortgage. This Note may be' prepaid in whole art by Borrower at any time without penalty. All payments made upon this Note shall be applied ?rst to the pay interest and secondly to'principal.? 5 The Borrower agrees to pay all costs ses of collection of this Note incurred by Lender,? in or out of court, including court costs and reasonable attorney's fees (including fees for paralegals and legal assistants) and . disbursemerif'fa?d bankruptcy or insolvency - zit-r (23.5432 Lenin?s: urh?irii'r this: that intent?) :71" No delay by' the Lender in enforcing any cox/chant or. right hereunder shall be deemed'a waiver of such covenant or right and no waiver by Lenders of any particular provision hereof shall ?be de?med a waiver of any other provision or a-continuing waiver of such particular provision, and except as' so?exp?ly waived}? all pensions hereof shall continue in full force and effect. This Note shall be governed by and construed and enforced in accordance with the laws of the State 0 _Fi0rida._ l. 7 I 0 balance of the provisions arenas Note] i. Time is of the essence as to all obligations hereunder.- This Note may not be changed'or?terrninated orally; BORROWER HEREBY KNOWINGLY, VOLUNTARILY, AND INTENTIONALLY WAIVES ANY RIGHT THAT MAY EXIST TO HAVE A TRIAL av JURY IN RESPECT or ANY LITIGATION BASED Upon OUT or, IN ANY WAY CONNECTED WITH THIS NOTE, THE SECURITY AGREEMENT (MORTGAGE) ANY OTHER DOCUMENT CONTEMPLATED To. BE EXECUTED IN CONNECTION WITH THE LOAN REPRESENTED HEREBYFOR 3 I Book26000/Pagei635 Page 6 of 7 DEALING, STATEMENT (WHETHER VERBAL OR WRITTEN) OR ACTION 0E - LENDER. mm ION Is A MATERIAL INDUCEMENT FOR LENDER MAKING THE LOAN - WITNESS WHEREOF, Borrower has duly executed this ND as of the day year ?rst above 3535builN ..-.. . rho-voware?. . .I I . -., Book26000/Page1636 Page 7 of 7