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FfRST FEDERAL SAVtHGS AND LOI~H~ ASSOClATlON `
OF FORT PIERCE ~ ~
OORRSCTIVB MORZ'GAGB ~
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~ ~ MQRTGAGE ~e~ ~ 02-23039710 i
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, ~ No,v,evber ~
7~A8 MOA1'(~A(~S is made , 9th ,
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~ 1RVYN ~1~1~1'~(~M$RY a sin 1e ac~ult and~~KBNN#'l'H~Y.. ~
19 bstaeen the ~ . . . . . .
JA~I!~,~ . ~?..sing~e ~4?.i.t . ~ (bereu, "Borro~re~. and the Most~e~ea, FIRST FBDERAL 9AVINGB
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AND LOAN A3SOCIATION OF FORT PIBRC~. a ooiporation orQanised and aacistia~ undar tb?e laan oithe United 3tat~es. ~
rvDwe addre~s i~ 100 i3ontti 3eoond Stc~eet, ~aat Aerce, irlorida 33~Ib0 (hee+ein "I,ender"). . ~
q~e~a~e ~wer ~s indebt«l to I.eade~ ' ths ' ciQal oi TWSI~ITY-SIX TE~USAND TT1iAA HUNORBD
AND , r~V/:100-.- -'~26~. ,,~0.
,0,. w~ Dollan. which indebtedne~a i. evidenoed by Borrower~s
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note dated . . . .~Qv~~l~$l~ . 7,. . ,~9~~ . . . . . . . . (herein "Note'~. PmvidinQ for monthly installmenta of priacipal and i
int~nrt, ~rith t6e bslanoe oi the indebtedne~s. if not soone~r paid, due and p~yaWe on . 1
. . . . . ~oyesber ,10.~ . 1998 . . . . . . . . . : . . . . . . . . . . . . . . . . . • . . . . . . . . . . . . . . . . . . . . . . . . . . i
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To S~CtrnB to I.eader (e~ t6e re~a,ymeat oithe indebtednass evid~oed by the Note, with int~erest thera~a, ihe pa~vme~t of all
other sam~. witb interest thee+son~ advanc~sd ia aoc~ordeaoe harewilh to pTOZec~ t~ ~aecuri~r of t6is Mort~a~e, and tbe ~
performanos of the covanaah and a~t+eemeata ot Bosra~ver ha~e+asa cuat,e~ia~d, and (b) ths rep~+me~t oi any lhtnrs advanoe~,
with iaterast thee+eon. msde to Bo~rowar by I.etide~ p~u~nant io para~rapb 21 heraof (herei:? "Pbtnn Advan~e~'7. Borrower
doa~ hersb3? mo~ta+~e. Srsnt and convey to Leader We followin~ •described pacopec~r located in t6e County :
of..... . . . . St .Gucie . . . . . . . . . . . . . . . . . State of F'lo:ida:
From the Northeast•corner of northwest quarter of southeast quarter of north-
east quarter of Section.l7, Township 35 South, Ranqe 40 Sast•~run west a2on ~
north line of said northwest qua~ier of aoutheast quarter of northeast. quarter
~ a ~
145 feet for a point of beginning._thence mntinue ~?e$t dlong said north line
111 feet, then with an inside anqle of 91°I8' run south a distance of 120 feet,
then with an inside angle of 98~42~ run east a'distance of 111 feet, thence with~
an inside angle of 9I°18' run~north.120 feet to point of beginning, same being f-
Lot 3 of Block 2 and I2 foot easeaent adjoining on the 8ast of C. F. Myers
unrecorded plat of that part of the Bast 6 acres of the north~rest quarter of the
southeast quarter of the northeast'quarter, lying North of Okeechobee Road in
Section 17, Toanship 35 Soulfi, Range 40 8ast, together ~rith the right of ingress
and egress over the tracts shown as '•streets" on the unrecorded plat of C.F.
Myers.
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By agreement of Mortgagor and Mortgagee on file with the Mortgagee, the
within mortgage secures not only an existing indebledness, but also ADVAI~ICCsS
to be HBRfiAF"ffiR made by Mortgagee to Mortgagor, the aggregate of which rrill :
equal the principal amount specified ie the pronissory note secured hereby. ;
This is a corrective mortgage designed to corzect an erroneous legal descrip- ~
tion appearing in that certain mortgage dited Nov~ember 7,.1978 and recorded
in O. R. Book 29'7, on page 1896, public, records of St. Lucfe Courby, Florida, ~
and upon which intangible tax has been paid as evidenced by receipt No. 435992. ;
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which has the addrees of..1~~,.`~~.,uth„~28th , Street Fo~rj„P~g~cg,,, F14ric~a;,, 3~,450.
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. . . . . . . . . . . . . . . . . . . . . . . . . . .(h~rein "Prop~ty Addreee'7;
c~•..r nr caaa
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ToGETHEttwith all the improvements now or hereaR~er ezected on the property, and all eaeementa, righte~ appurtenances, ~
rente. royaltiea, mineral, oil and gas righta and pmfita, wates, water righte. and water stock, and sll 5zturea now or hereaRer ~
attached to the pmperty~ a11 of which. inclading replacements and additione thereto. shall be deemed to be and remain a part of ~
the property oovered by thie Mortgage; and atl of the foregoing. togc~ther with said property (or the leasehold estate if thie
Mortgage is on a lessehvld) are herein referred to as the "prvpertY."
Borrower covenanta that Borrower i~ lawfully seized of the eatate hereby oonveyed and hae the right to mortgage, grant and
oonvey the Property, that the Property ie unencumbered, and that Borrower will warrant and defend generally the tiUe to the ~
Property against all claime and demende, enbject to any declarations, easements or restrictione liated in a achedule of ~
exceptions to coverage in any title insurance policy ineuring I.ender's iatereat in the Property. ~
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FLORIDA - 1 TD 4 FAMlLY-6%7S--f'1~lMA,/FHLMC bQt~ ~'~1r~ INDfVI -
DUAL
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