HomeMy WebLinkAbout2918 304~90~
THIS INDENIURE, Made the 25th day of March A.~. 19~~-.. lxtwee~~ ;
Emil Melford Gollnick and Patricia Ann llnick.~, his ~rifs~. - ;
St. I.ucie
oF Counry fiw~d+, he~einafter desy~ated as iM "MORTGAGOR," and fIRST FEUfRAI SA\~INGS AND l0•A~ _
ASSOCIATION OP FORT PIERCE, ~ corpaat~on o~9anized and •x~s~ing vnder 1he la•ars of the Un~ted S~~ios of Amcric~ and Mvirr~ ita pri~Kipsl plste of ~
b~s~ness in ~he City of Fwt Pierce, St. tucis County, Florida, hercinalter designated ai the "MORTGAGEE:' ~
WHEREAS tM MORTGAGOR is iustly indebtcd to the MORTGAGEE in tM ~um of ~30• 0O g~d and lawful money oi the Un~ted f
S~aies adranced by Ihe MORTGAGEE un+o the MORTGAGOR, as eviden¢ed by a ce~tain ~xomissory nole of even dafe herew~th, of which the following in '
..ords and fgures is a true copy, to-vviL
s30,000.00 ~11000300
Fwt Pierce, Florida, Mareh 25~ 19~~r2.. ;
For value recaived. 1, we or either of us, prom~se to pay, without defalcation; to the o~der of FIRST FEOERAI pSAVINGS~ AND IOAN ASSOCIATION OF
=T PIERCE a~ Fort Piercc, Florida, ~he sum of T_ ~ i~-~:~~ _~n;th interes~ from date at the rate of" • 7"`Yo pt~ annum, in monthly install- ;
~s as ic+!ows: 5-266 on the?Oth day of _ Md}L_ 19- 7~- and a Gke avm on the correspood~ng day of each momh therr
i
~-r ur,til tfir who!e be fully pa~d.
Each ~nstall~nent first shall be appliKl in payment of the interest and tnen on the unpaid balance of the prinupal sum. If default is made in the •
„~nant of any instal~~nent whan due, and such de{ault coNinues 30 days, then at the opt~on of the holder, and without any other notice, all the remaining
~f,,';ments shall Le due and payabte ar once. FrivUega is given to prepay this note in whote or io part at any time without penalty. NeitFxr forebearance,
acceptance by the ho~dei thereof affer any defa~lt in any Qaymtms herao~, shall be deemed extension. A late paymeN charge of i~..~, shall be j
::i-rd to eath insta~lment r;.ma~n~ng unpa:d 7 days after its due date, and a lile sum shell be eddrd to e~ch such installment remaining unpaid 7 days afte~ ~
,c`, succeeding paymeni date. ~
Each maker, surety and endoraer hereof, jointly and aeverally, waives demar.d, presentment protest and notice of protest fw nonpayment, and further
~.~~~rs to any extension ot tunn of payment, e~ti,er bc~ore or aiter m~turrty, wirhout ~ot:ce to any of us; and to pay all costs of collecti~, induding e ~
_nab~e attomey's fee tn the event of any defauit here~nder, and hereby seoerally warves all benefit of homestead and exemption unde~ the constitWion . ~
~~aws of each Sta~e o~ the Un~ted States, as aga~nst this abGgation or any ex~ension or renewal hereof.
W~tness the hand and seal of each pauy. ~
S/ anil Melford Gollnick ~~u
. (5~?U ~
S/ Patricia Ann llnick ~s~i~
cs~?u
$45.00 ) $tate Revenue
> ~a~xx~e~s?cx~t9t~earkae~~t .
NO'N, TH:REF~RE, 1he MORTGAGQR for the purpose of securing payment of said sum of = 3O • OO0 • , and the performance of 1he
_:c.~ants and agreements here~nafier expressed, apd for d~vers good an~ valvabfe cons~derarions, by these presents, does g~ant, bargain, sefl, remise,
_>•se, convey and coni;~m ur.to the htORTGAGEE, its successors and ass~gns, afi rha~ ce~tain lot, piece w parcel of Iand, iituate, lying, and being in Ihe
; cunty of St . Lueie and State of Florida, described af follows: ~
The Tiorth 150 feet of the South 1113. SO feet of the West half of the Ea,st
half of the Southeast Quarter (SE of Section 34, Township 34 South,
!?ange 39 East; less and excepting therefrom the West 30 feet, Containing ~
2.181 acres, more or less, LESS AND EXCEPTING THEREFROM an-easement on, over,
i under and through the East 20 feet thereof for drainage purposes.
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~ -~e~her with all and s+ngular the tenements, hered~taments ar.d appurtances the~eumo belonging w in anywise appe?bininy thereto, and all tents, issue~, ~
c•oceeds and profits accruirg and to accrue frorn aaid premises, all of which are ~rxluded in the above and foregoing eksviption and habend~m. ~
~ TO HAVE AN TO JiOlO the above described and granted premises uMO the uid AhORTt'aAGEE, its successors snd asaigns fwever. And tM said ~
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; :'URT.r'iAGOR for hein, executws, admi~istrasors and assigns, hercby covenants with the s~id NIORTGAGEE, ib sottesson and asfiyrts, ~
~ „ ~-+~,7~- lavvf~lly se~zed of the said premises in fee aimple; that the ssme are free, clesr and d'+xharged i~om ~II 1'~ens ~nd encurta
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~•ances in law or in equity, an8 that the~ W;~i a~ their F~eirt shall warrant and defend tha title to the t~me to tfis said
:t,~RIGAGEE, its successors and assigns, forever against the iawiut claims aod demands of ~II persoos; '
- pROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promiswry note hereinbefwe described snd shall truly, promptly ~
- d fully perform, d~scharge, execure, comptete, comply wifh and abide by each and every tF~e stipulations, sgreements, conditions and coven~nts of said
-~m~ssory ~ote and of this Mortgage, then thu AAortgage and the Estate hereby created shsfl cease snd be null and void.
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IT IS UNDERSTOOD that the wwd "Mortgagor" whether in the singular or plural anywhe?e in this Nbrtgage, shsll be sinyular if one only ~nd
<.ha;i be pfurai joiroly and severally if more than one, a~d that the word "their" as used snywhere in this Mortg~ge shall be taken to mean "his;' "hen;'
1. `~ts,"' wherever the context so impiies or admits. Also, that wherever there is a refvence in the covensnri snd agreemenb herein tontained to ~ny of ~ ;
" ~^e par~ies hereto, the same shall be construed to mean as well ss the heirs, legal represent~tives, sutcessors and sssigns (either voluntary by att of tM ~
ca~sies oi invo~umary by ope~at:on of the law) of the same and that the covenants herein contsined shsll bind ~nd the benefits and advtntagp inur~ ~
~ •o the retpective heirs, legal representatives, successws and aargns of the parties hereto. ~ {
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- And said Mortgagors, for themselvet and their heirs, legsl representatives, successors and auiyns, hereby jointly and severally covenant ~~d a9ree ~ i
' ~o and with the said MORTGAGEE, its s~ccessws and assigna:
1. To pay all and sing~lar the principal and interest and the various and sundry sums of money payable by virtve of said promissory ~ote, and this ~ ~
3.4
~ o-.xtgage, each and every, promptly on the days respectively the ssme severally become due. M ~
~ 2. To pay all snd singular the taxes, asussments, levies, liabiiities, obligations snd encvmbrarxes of every nature and kiod now on said dewibed V?
property, w that hereafter may be imposed, suffered, placed, levied, or suesscd the~eon, p that he?eafte~ may be levied p assessed upon this Mort¢ ~
age, w tF~e indebtedness secured hereby, each and evcry, whe~ due and paysble, according to law, before tF~ey become delinquent, ~nd befwe sny inteteit ~o
~~eches w any penally is incurred; ANO INSOfAR AS ANY THEREOf IS OF RKORD TME SAME SHALL BE PRONIPTLY SATISFIEU AN~ OISCHARGED OF O
=:CORD ANU THE ORIGIVAL OFFICIAL DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OFfICIALIY ENDORSEO ~m
a`a GR CERTIFIED) SHAII BE PIAGEU IN THE HAKDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; ~nd in the evcnt that any thereof is not !
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j~d, sat'sfied and discharged sa:d MORTGAGEE may at any t~me ~ay the same or any part thereof without waiving or affecting any option, lien, equiry or
1 •~;;ns ~nder or by virt~e of this mongage and rhe fu11 amo~nt of each and every such payment shall be immediate0y due and payable and shall bear interest
~ j,r~, da•~ e•c.' _ ' ra d r' •a}e of nine per ce~tum per annum a~d together w~th such interest shall be secured by the lien of th s morgtage.
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