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HomeMy WebLinkAbout2419 4342'7 / F AVINCsS` AND t.OAN~ ASSOCIATION /3 TNIS IS A 811110~~ I~ORT~6E AND-~~~ PAYMENT OR THE BALANCE DUE UPOM MATURmOF FORT PIERCE IS TOGETHER WITH ACCRUED CORRECTIVE INTEREST IF ANY AND All ADVANCEMENTS MADE MORTGAGE BY THE MORTGAGEE UNDER THE TERMS OF THIS O1-23044017 MORTGAGE. ..26th of December............. . THIS MORTaAas roads thi. . 19.78 . between the Mortgagor, I:HARIES . a, . REKI(ER. AdQ . S1lE . AEKKEIt> . ti,IS.11I f~ . (heraln "Horrowsr'~, and the Mortgagee, FIRST FSDEItAL SAVINGS AND LOAN A.9.90CIATION OF FORT PIERCE. a corporation organised and existing under the laws of the United States, weoee address is 100 Some Second Street, Fort Pierce i~lorida 33460 (herein "I.ender'~. Wes~tses, Borrower is indebted to Lender in the principal sum ofTEN ,THOUSAND.AND. N0~ 100--------------- -----------------(~.].O..QOQ.OQ1----------'------'Dollars, which indebtedness is evidenoDd by Borrower's note dated AeCBtObRC. 26...197.8......... (herein "Note', providing for monthly installments of principal and interest, with the bslasos of the indebtedness, if not sooner paid, due and payable on. Januar~r. ~,p,..1984....... ToSSCtissto Lender (a) the repayment of the indebtedness~enide~noed by the Note, with interest thereon, the payment of all other slims, with interest thereon, advanced in accordance her+awith ~to protect the aelxuity of this Mortgage and the perE~manoe of the oovenanb and agreements of Borrower herein contained. and (b) the repayment of any lhten advances. with interest thereon. made to Borrower by Lander pennant to paragraph Zl hereof (herein "P`utmrs Advanoes'~, Borrower aqe grant and convey to Lw?der the following • deslsibed property located in the County o~ hereby m~, L,uc 7 e State of Florida: The West 306.01 feet of Lot 16, Block C, HIDDEN PINES SUBDIVISION, according to the Plat thereof on file in Plat Book 17, page 21, of the Public Records of St. Lucie County, Florida.. By agreement of Mortgagor and Mortgagee on file with Mortgagee, the within mortgage se- cures not only an existing indebtedness, but also ADVANCES to be HEREAFTER made by Mort- gagee to hbrtgagor the aggregate of which .will equal the principal amount specified in the promissory note secured hereby. . This is a corrective mortgage designed to correct an erroneous legal description appear- ing in that certain mortgage dated December 26,.1978 and recorded in O.R. Book 300, page 2171, of the public records of St. Lucie County, Florida, and upon which intangible tax has been paid as evidenced by receipt No.436763. I ~ M1 Pe~+t 01 Taxer DIM On CNas N`..i hftsnOblsPersona~Piroperty, ~ PursusrK To Cheptar 71.134. Ass Of 1871. ~ ROOER PpITRAS a Ciralit Court, bL Luvar Ca, tom. ' which has the address of Lone some, Pi ne. Tra i 1 Fort Pierce.... _ , , • • • • • • . • . . •F 4rad~~54 ........(herein "Property Address"); , ToGETHERwith all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances, a rents, royalties, mineral, oil and gas rights and pro5te, water, water rights, and water stock, and all factures now or 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 i ezoaptions to coverage in any title insurance policy insuring Lender's interest in the Property. z ~ , FLORIDA - 1 TO 4FAMILY-6/75-FNMA/FHLMC °-'%~r 3U(., ~,.~,f 2419 INDIVIDUAL i