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HomeMy WebLinkAbout1700 FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION ~3. ~ OF FORT PIERCE Correcttive Mortgage MORTGAGE 4`~?559 Loan ~ 02-23044470 16th. January - 7'l~iIB MOR1YiA(1$ i. made this ~aoini"~: "Woo~,of a ' Siiig'Ie ' adtil t"""""""' • • 19... . between the Mortgagor,........ . . . . . . . (herein "Borrower"), and the Mortgagee. FIRST FEDERAL SAVIN(38 AND LOAN ASSOCIATION OF FORT PIERCE. a corporation organised and azisting ender the laws of the United Steitas, whose address is 100 Sonth Second Ste+set, Fort Piee~osr tr'lorida 334b0 (herein "I,endee"). T8N THOUSAND AND NO/100------- W NaRaas . Borrower is indebted to Leader is the principal snm of . - - - - - - - z - - - - - - - - - - - (~4...4.QQ. 04.1'.~ollars, which indebtedness i, evidenced by Borrower's aotsdated January...6t... (herein "Note', providing for monthly installments of principal~and interest. with the balance of the indebtedness, if not sooner paid. dne and payable on F~krk Arl:. 10,..1989 ToBttCUasto Leader (a) the repsymeat of the indebtedness evidenced by the Note, with interest thereon, the ps`vment of all other same. with interest thereon. advanced in aeoordaaae herewith to protect the security of this Mortgeige. and the performance of the covenants and agreements of Borrower herein contained. and (b) the reps~yment of aqy fhtare advances. . with inter+at thee+eon, made to Borrower by Leader parsnant to parsgraph 21 hee+eof (hee+ein "P~tare Advances"). Borrower does hereby mortgage. grant and oonvedr to Lender the following • described property located is -the Coanty of...... S.t..• • Lucia State of Florida: The East half of Lot 2 and all of Lot 3, Block 9, MARAV7LLA TERR~Cfi, accord- ing to the plat thereof on file in Plat Boole 5, on pace 50, public records of• St. Lucie County, Florida. By a,reement of Mortgagor and Mortgagee on file with the Mortgagee, the within mortgage secures not only an existing indebtedness, but also ADVANCES to be liHR6AFTfiR made by Mortgagee to Mortgagor, the aggregate of which will erual the principal amount specified in the promissory note secured heady. This is a corrective mortgage designed to correct an erroneous legal description appearing in that certain mortgage dated January 16, 1979 and. recorded in O. R. Sock 301, on page 2813 of tl•e public records of St.Lucie County, Florida, and upon which intangible tax has been paid as evidenced by receipt No. 437050. E •s.a:.rte ~F t.~tTt. ~O~ ~ P papa f yy: OM C :aS ~N~ftid r- ~ ~ OAs~s"< <0 ~ ~ t~. t~ ~ ~ which has the addressof....,1506 Yosemite Court - Fort Pierce, Florida 334 SO caws ' , . ~ ..........(herein "Property Address'; ~:i...e ~coa.i' - `,r ToGE'rHgRwith all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances, ts, royalties, mineral, oil and as ht8 and Fen g rig pro5ts, water, water rights, and water stock, and all fiztures now ~ hereafter attached to the property, all of which, including replacements and additions thereto, shall be deemed to be and remain a partof the property covered by this Mortgage; and all of the foregoing, together with said property (or the leasehold estate if this Mortgage is on a leasehold) are herein referred to as the "Property." Borrower covenants that Borrower is 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 against all claims and demands, subject to any declarations, easements or restrictions listed in a schedule of eacceptions to coverage in any title insurance policy insuring Lender's interest in the Property. ~J r FLORIQA - 1 TO 4FAMILY-8/75-FNMA/FHLMC EG~~ Vl~.~ /W INDIVIDUAL . ! , - ,