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MORTCAGE 1~O~Y~IGATION AGREEMENT ~ -
RE: Real Estate situated i~ St • LuCie County, Ftorida, legally desuibed as: ~ -
The Weat 1/2 of the NB'~ o! ~ction 23~ Township 34 South~ Range 39 Bast~
less and except the North 230 feat thereot.
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WHEREAS, FIRST FEDERAL SAVINGS d~ LOAN A.S.SOCIATION OF FORT PIERCE is the Owner of a first mortgage '
encumbering the above described rea) property bearing date of July 27 , 19 62 , reoorded in
~J R~~ g~k 42 ,~9e 23 , St. Lucie Cou~ty, Florida, Records, securing a
promissory note therein describedj~ j?1~"~1S'adIM1Q'NO~~IM~l~Ad~Nw~~"~~w.~w.~~+~~~w
}~'~~w ~ 7COVr~v'fN~.'~~:~ .~~.~w w~ ~~~.~~+~wr~w~.=.~MNII~'~~f!l~IIMM01~' j ~'1@
s~me having a balance due this date in ihe ag~M•sum of ~ 2~=~~?~~~ : and,
WHEREAS, the parties hereto fw mutual considerations wish to (oonsolidate said indebtedness an~ revise the terms
of payment thereof;
THEREFORE, IT IS AGREED that the unpaid balance of said indebtedness(es) upon the date of this Agreement is
; 26~33'I.OS , a~ that the undersigned hereby promises to pay said amount, with interest at the rate stated
:~elow, a 265.00 per month beginning on the~_ day of ~''~y . 19-~t$- tP be
applied first to interest at the rate of 6~ ~ % pe~ a~num upon the unpaid balance of said indebtedness and the balance
to principal until said indebtedness is paid in full. A late payment charge of ~ 13.25 , shall be added to each
payment remaining unpaid seven days after its due date.
IT IS FURTHER AGREED that the said mortgages are so merged as to constitute a single mortgaye lien on the above
described real property, and any default under either of said mortgages shaN be oonsidered a default as to both mortgages.
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In all other respects said note(s) and mortgage(s) shall remain in full force and effect, and the undersigned promise
to pay said indebtedness(es) as herein stated and to perform all of the obligations of said mortgage(s~ as herein rovi~d: . ~
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EXKUTED, SEAIED AND DEIIVERED, in duplicate, this the 22nd of . =il ....~q
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Signed, sealed and d~livered - " . . ~ ~
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in esenoe of: 8. Gollnick ~ ~
n .l ~o ~i~//.~~.~d,~i - ~a~
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Martha Gollnick = '
Owner " °
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. FIRST F~ERAL SAVINGS i t0
' ~ ~ ' r ASSOCNTbN MQC ~
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STATE Oi= ~ ~~t~
couNn"r~f~; :sr. t~c~s
I HEREBY ~~Y.~~bn this day,.b~qe ms an offioer duly avthoriYed in the State and CouMy aforesaid to take adc-
nowledgernMts, p~r:onaNy ~p}Zssr~d ~
T.~.,~~=~nick and Martha Gollnick. his wi~e.
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to me k~own to bs th~ per~qi~(s ib~d iR `si~ w~f executed the foregoing Mortgags Modification Aqreemsnt, and
thaY_ acknowleclgsd b~fooe nM th~t_?ia~.it~g~l~d the san~e. ~ ~
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WI SS my hand and offii_ci~(-~esr'~t
~~it: t` , seid Cou~ty and State, thi~g~_ dsy of
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No blic, in a for Sta and ~ounty Afor id.
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~~O:L~fY Pt~l[. Stit! Of ~Ofldi i~ ~ ~ ! ~ , ~
600K~~ ~i~ Mq CcaHa~ssae Expires Aaq. 6. 1411 MY ~mission expires: .
. 1w~re M A~a~ f~ ~ Gwws LM
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