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HomeMy WebLinkAbout0353 ' CORRECTIVE MORTGAGE 4~~~(~9 FIRST FEDERAL SAVINGS AND LOAN ASSOCtAT10N ~ OF FORT PIERCE ~ YVIORZ'GAGE 04-23033317 ,2nd........ THIS MOIt'!'QAGE ia made this . . day oi . . . . October.. . ~s. J.8. between the Mortgagor, . . . . . . Peter. . J... Z,,amatt~s . and. Mar.9aret. M.. Zamai tes... ~i f~. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (hesein "Borrower"). and tha Mortgagee. FIRST FEDERAL 3AVING3 AND LOAN A330CIAT'ION OF FORT PIERCE, a oorporation organised and e:iating unde~ the laws of the United 3tates, wt?ose address is 100 3outh Second 3treet.. Fort Aerce. r'lorida 334b0 (herein "Lende~'). wxgx~+s, Borrower ia inde to Lender the principal sum of .~+~enty„Five. Thousand, Six ,Hundred . a~~. ~4~~Qp-----------~~5,600; 00~--„----------. Dollars, which indebtedneea is evidenoed by Borrower's note dated . . ~G~a~~!': . ~.s .1978 . . . . . . . . . . . . . . . . . . (herein "Note"). Providing for monthly inatallmenta of principal and interest~ with tha balanoe of the indebtedneea, if not sooner paid, due and payable on . . . . . . . . . . . . . QG~Rk6?" . ~Q s . ~ QQ~ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . To 3SCCtx~ to I.ender (a) the repqyment of the indebtednees evidenced by the Note, with interest thereon~ the payment of all other eums. with interest thereon, advanoed in aooordance hCrewith to pmtect the security of thie MortBaee. and tha performanoe of ths oovenanta and agreements oi Borrowe~r herein contained, and (b) the repayment of any fntnre advanoes, with int~erest thazeon, made to Borrower by Lender pursuant to paragraph 21 hereof (herein "~ture Advsnoee'7. Borrower does he~reby mortgage, grant and oonvey to Lendez the following ~described property located in the Connty of. . . . . .~~r : .~.4~1g . . . . . . . . . . . . . . . . . . . . . . . . State of Florida: Condominium Unit E in Building Ko. 404, together with appurtenances in High Point of Fort Pierce Condominium, Section One, a condominium according to the Declaration of Condominiums including all of its exhibits recorded in O.R. Book 230, Page 2201, of the Public Records of St. Lucie County, Florida. By agreement of Mortgagor and Mortgagee on file with Mortgagee, the within mortgage secures not only an existing indebtedness,but also ADVANCES to be HERE- i AFTER made by Mortgagee to Mortgagor, the aggregate - ~ of which will equal the principal amount specified ` in the promissory note secured hereby. R~~ « 7~ ` Dt~ On CMM "C" UIr1~fl~orrl Prop~nl?I s Pursuant To Ch~pl~r 71. ti~1. Aas Of 1671. RO~iE11 rOfiAl18 ~ CI~r1~ CMc~~it Cotrrt, 8f. ~~uoi~, Ca. R~. ~ This is a corrective mortgage designed to correct ~ an erroneous legal description appearing in that ~ certain mortgage dated October 2, 1978 and re- ~ corded in O.R. Book 295, page 2285 of the Public ~ Records of St. Lucie County, Florida, and upon ~ v~hich intangible tax has been paid as evidenced ~ by Receipt No. 435512. ' ~ . - by ~ i~+ ~`'L ; whichhaetheaddreeaof...4Q4-8~.S~1~dP1P~r.Ariv~,..FArt.Pl~r~~,.Flqrl~d...3~454 cs+.~, ccn,~ . . ....(herein "Property Addreee'~; . . . . . ~sai..~w tiP c,od.~ ToGBTNERwith all the improvementa now or hezeafter erected on the property. and all easements, righta. appurtenancee, rente, royalties, mineral, oil and gae righta and profits, water. water rights, and water atock, and all fixtures now dr hereafter attached to the property, all of which, including replacementa and additiona thereto, ahall be deemed to be and remain a part of the property covered by thia Mortgage; and all of the foregoing, together with esid property (or the leasehold estate if thie ' Mortgage ia on a leasehold) are herein refened to as the "Property." ~ Borrower covenante that Borrower ia lawfully seized of the estate hereby conveyed and has the right to mortgage, grant and convey the Property, that the Property is unencumbered, and that Borrower will warrant and defend generally the title to the Property againet all claima and demands, subject to any declarationa, easements or restrictions liated in a schedule of ~ exceptiona to coverage in any title ineurance policy insuring Lender's interest in the Property. - R 2~7 353 FLORIDA • 1 TO 4 FAMILY-6/75-FNMA/FHLMC ~~~t F~~ INDIVIDUAL ~w~ . - , . _ . .