HomeMy WebLinkAbout2123 434'7~~3;
FIRST FEDERJ~IL SAVINGS AND L"
OAN AS~CIATION ,S i .
OF FORT PIERCE ` '
CORRECTIVE MORTGAGE
04-23045972
THIS #[OATQA(1S is made this zGx)1 of ~4[t4d1"Jl ,
..R~..i~.M,...QR~~..a. ~irt9i~ .ad4~~..a~'
19..79. between the Mortsaga. v P .
(hee+ein ~Boerowee''), sad the Mortgages. FIIiBT FSDSRAL SAVIN(38
AND IRAN ASSOCIATION OF FORT PLSRCS, a ooeporatiw~ organised and eadsting Hader the laws of the United States„
whose address is 100 $onm Second 8teoet, Fort Pissce. l~loeida 33460 (berodn "Iwesdee" _ .
W Borrower is indebted tD Lender in the prindpal sum ~ F~Yi!. ThR4~s4nSi..$~X . N~n~r4~ .4C~~ .
. ~'l0%~QQ-----------~t~,~iQQ...~.).---------"----------Dollar.. which indebt~edaaa ie evideaoed by Horrower'a
.
note dated ....JA~'141A1Cy..Z4a .1~Z9 (heroin "Note'7, pr~oa?idintt for month>~r installment. of prindpal and
interest. with the balance of the men, ii not sooner paid. due and payable on
...............E~bruarx . lA...t9$4............................;
ToSactrnsto Fender the repayment of the indebtedaess emdsncsd by the Moto, with iatecest therwn, the payment of aU
other come, with iaterat thee+son. advanced in aooordanoe herewith to ped~eat the eeeatrib of this Mortgage` and the
perifoemance of the oo~eoaats sad agreement. of Borrower herein contained, and (b) the rapgyment of any lhtare advances.
with interest thee+eoh, made b Borrower by Leader pur+want to paragraph Sl heeeof (haroia "Phtare Advances', Boerawee
does hereby maetgage, grant and ooavear to Lender the following •de~sibed pe~operty located in the Coemty
of........... . ~4t~~g • State. of Florida:
A tract of land lying in the Southwest is of the Southeast h of.Section 13, Township
35 South, Range 38 East, St. Lucie County, Florida, more particularly described as
follows:
Commencing at the Northeast corner of the Southwest ~ of the Southeast ~ of Section
13, Township 35 South, Range 38 East, said point lying on the center line of Trowbridge
Road and. being further identified as lying 25 feet Easterly of a lightwood post bearing
North 89 degrees, 23 minutes, 04 seconds West, (Trowbridge Road is assumed to bear North);
thence run South along the center line of Trowbridge Road a distance of 63.51 'feet to a
point; thence run West a distance of 30 feet to a point on the West right-a-way line of
Trowbridge Road, said point being the Point of Beginning.
_ ,
From the point of beginning, run South along said right-a-way line of Trowbridge Road,
a distance of 159.0 feet to a point; thence run West a distance of 608.93 feet to a
point; thence run North a distance of 159.0 feet to a point; thence run East 608.93
feet.to the Point of Beginning.
~
By agreement of Mortgagor and Mortgagee on file with
f Mortgagee, the within mortgage secures not only an ~ ~ ~
existing indebtedness, but also ADVANCES to. be HERE- g ~
~ AFTER made by Mortgagee to Mortgagor, the .aggregate x °
of which will equal the principal amount specified ,s =
~ in the promissory note secured hereby. ? ~ ~
' This is a corrective mortgage designed to correct N
an erroneous legal description appearing in that ~ ~ ~ ~
certain mortgage dated January 26, 1979 and recorded
in O.R. Book 302, at page 1742, of the Public Records
of St. Lucie County, Florida, and upon which intangible ~ 4
tax. has been paid as Qvidenced by Receipt No. 437202.
S ~
whichhaatheaddressof...Trowhrid9~ RQa~,~,~t,,P~r~~,. Faoric~4,,,3~4~0,,,,,
c a~.w
g ~ ..........(herein "Property Address");
5 ~ ce.....a zir ~%o+a ~ -
To~s7xrs~twith all the improvements now or hereafl~er ezected on the property. and aU easeanents, rights, appurtenances,
rents, royalties, mineral, oil and gas rights and profits, water. water rights, and water atocic, and all fiztnrea now or hereafter
attached to the property, aU of which, including replacements and additions thereto, shall be deemed to b8 and remain a part of
the property covered by this Mortgage; and all of the foregoing, together with said property (or the leasehold estate if this
Mortgage is oa 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
t convey the Property, that the Property is unencumbered, and that Borrower wiU warrant and defend generally the title to the
Property against all claims and demands, snbjed to any declarations, eaeementa or restrictions listed in a schedule of
ezceptions to coverage in any title inenrance policy insuring Lender's interest in the Property.
FLORIDA - 1 TO 4FAMILY-8/75-FNMA/FHLMC eOjppK~e~ PAGE(•r~~~ INDIVIDUAL
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