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<br />MODIFICATION AGREEMEl\f1- 004000
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<br />9th May
<br />AGREEMENT, made as of this . day of, 19.$.4q, between THEEQUlTABUi LIFE
<br />
<br />ASSURANCE SOCfETY OF THE UNITED STATES, . New York corporation located and having its prinripaloflice atNUDlbet:
<br />CoastaDee L. Jla411ead
<br />
<br />Register of 0eecIs of the County of
<br />as .ooc:-t No. 8O-OOO9l2
<br />
<br />Hall
<br />
<br />State of
<br />
<br />lIeIlrlQka
<br />
<br />in Book
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<br />
<br />r
<br />
<br />1285 Avenue of the Americas, New York, New York, ("Equitable"), and
<br />
<br />LeRoy G. Budd. each in her anll hie ow right anll as spouse of the other.
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<br />("Mortgagor"), whether one or more. WITNESSETH,
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<br />WHEREAS, Equitable is the holder of a note or bond ("111 ote") dated
<br />One Hundred Fifty THousand and Ho1100
<br />
<br />"'~22 q,19~i~,for
<br />!Joll.rs ($lSO'(Xl(}.Cl9, secured by. mortgage.
<br />
<br />d(-ed of trust, or security deed C'Ato;fgttgt'~) of C1'en date therewith on re:11 property recorded in the offi<'e of tbe .
<br />
<br />Page
<br />upon whKh Note there" unpaid the "J.m of $127,500.00 with mteres' nn the interest bearing sum of $121.500.00
<br />from J8~"~"1...g' ~.~~'f Ibm ~ of per centum per annum; and wherl"s, the partie. hen:>.c a''''
<br />de~JI"l.)-US o.Umodd1r'tn;z the ;..J0te ,IOJ MortRaF:~ m th~ PJ.rt1(ulJ.rs. herein3.ner ment1Oued, NO\X'" THEREFDRE." in cons1de~tifih
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<br />oi the premises an-d c,f the mutuJ.J i,~rtmU5t~, rn:_'fClD (,1nt~tlned. and c,f the )um of one doHn duly paid to Equitable, it is hereby
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<br />mutuallv ':o\'cna.ntt'd .InJ J.,~reed tn:1t the tt'rIT'p 01 ;he ),iote ..'.ud ~\lortgage be and the .$3.mc a.rt htffby ffit:xWi€d 45 foHvws:
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<br />l"he px.."...l.Lilclpiil 1nBtal1am~ in the ~t; of $7 ,500.00 d~ J==a.-y 1t- 1984.
<br />aDd 1D~t i.nstall8eD.t in the ~t of $12.150.00 due January 1,1984.
<br />vbich are wspaid, are to be paid ptior to C01lIplflUOD of the additional loan.
<br />together nth peoa.lty interest; at the rllte of 1'l. per centlllll per anm:lII f....
<br />~ 1. 1984. mtil paid.
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<br />The _twit,. date of _id Mote aDd Mortgage is hereby cl:Iaa3ed to January I, 1997,
<br />vben tile entire unpaid balaDce of principal.~d ~~ IJball becCllle Jl'}'J ~,tl
<br />payable. RECORDERS ihiiJ' .... ~. !.";. ~.. ... .'(; .. ,.,' ../ ~7 ;.;'/
<br />
<br />~~- ..~~/ -c:+....:::,:'.~--'R"g ,,; Deed.
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<br />AU of the pnJVI.5.l,,-)t1~ oi the :-~'Ote ;.....'1d MOrt~1gc wll renuin in rnH (orte and efftt.:t except as heft::;n spt'Citical.ly modi6ed.
<br />and th~s agrttm<<lt l.S ma.Jc u~'On dlt' npt'hs (:ondltJO(1 thtt the Mortgagor IS vested With t.he fee Hmple tItle to the p.remises
<br />.::overt"d by the Mortgage. And the sa.i.d. Mortgagor tn (om.ideu.hon .of tile ,granting of t.f)fi moodiClll00 further covenants and
<br />a.~[ct'S to pay .J.ud cdnply with the tenus. and conditIOns ut the Note "'00 MOrt~ase.;15 bf.'ff"in Hl<..Jiile-d, and nOfhmg herein contained.
<br />shaH H~Viibd.tc an!, (l1. the senltlt)' iHJ\\.' held tor rh~ payment of Slid dclx, 'nlis l5ct:ctuent ~~u.H binJ the pactio;, their heirs. legal
<br />repre$enUt1\'es, ,>uc(e.sur:. ilaJ .i.>>!gus.
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<br />IN WITNESS WHI-REOI-, the part"" hew" have Glwtd thi. ~gr""meot to be duly executed as of the day and year
<br />first above wnttrn.
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<br />~"
<br />,..~...f.:"',~:.,,~.L ,.': .....,.,..'.. __....:-::.::..-
<br />Jacqueline Isselhardt, ^""""" s.a.w,
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<br />IN PRESE.!'KE OF:
<br />
<br />.F
<br />.<.~'..:
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<br />The E,QutTABU Life Assurance Society
<br />01 the United States
<br />,. ~ /". ~ --}. I~ "..'.
<br />~ir~nna~r { ~:~~~\ ~Ass ~i<<;tcii
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<br />,UTEST:
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<br />.~";"L. [\udd
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