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HomeMy WebLinkAbout1976 444154 FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE CORRECTIVE 07 23044686 MORTGAGE ~ } THIS MORT(iA(Ig i. made this 5 dafr of . JAOt~>: Y........................... , 19x9. , batweea tha Mortgagor, ...Paula .813se . Sauiuders . a . S~Dglt.adult (herein "Borrower', and the Mostgagee, FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a corporation organised and existing under the laws of the United States, whose addraa is 100 Sonm Second 3tseet, Fort Pierce, t+'lorida 334b0 (herein "Lender'7. W NBRgas Borrower is indebted to Lender in the vrincipal sum of ..~Rt?r,X. ~Yel . ~:114A.~$P.d . --------------c-- i and no ~00 2 f . 5 sQQQ,4Q)---; ----------------r---Dollars, which indebtedness is evidenced by Borrower's note dated January. 5 ~ ,19 79 (herein "Note', providing for monthljr installments of principal and : interest, will, tha balance of the indebtedness, if not sooner paid, due and pelyable on ..Jsnuss~t ..1Q, .199 ~ To SsccrRg to Leads: the repayment of the indebtedness evidenced by the Note. with interest thereon, the payment of all i other same. with inteebet thereon, advanced in aooordasoe herewith to protect the security of this Mortgage, and the 4 performance of the ocvenaata and agreements of Borrower herein contained, and (b) the npaymeat of nay fhtnre advances. with iatereest thereon, made to Borrower by Lender pwrsuant to paragraph 21 hereof (he_ rein "I~tnre Advaaces'7, Borrower F does hereby mortgage. grant and convey to Lender the following ~ described property locatod in the County of........ ~ t .Lucie State of Florida: Apartment D, Building 116, Phase One, Section Two, HIGH POINT OF FORT PIERCE, a condominium according to the Declaration of Condominium and exhibits attached thereto recorded in O.R. Book 304, Page 1396, of the public records of St. Lucie County, Florida. ~ ~ By agreement of Mortgagor and Mortgagee on file with Mortgagee, the within mortgage secures not t only an existing indebtedness, but also ADVANCES to be HEREAFTER made by Mortgagee to Mortgagor the aggregate of which will equal the principal amount specified in the promissory note secured hereby. Recehred • /~"ie In Payment O1 Taxes Due On Clsss "C" Intan~~blsPersonalProperty, - pu?susrr• TO Chapter 71, 134, Acts Of 1971 E ROGER POITRAS y CN•M CMwit Coup. St.1.ticN. Co., fla. SUBJECT to the terms, covenants, agreements, obligations and provisions of said Declaration f of Condominium which Mortgagor in all things does covenant to Mortgagee faithfully to _ observe and perform. This is a corrective Mortgage designed to correct an erroneous legal description appearing in that certain mortgage dated January S, 1979 and recorded in O.R. Book 301, page 682, of the public records of St. Lucie County, Florida, and upon which intangible tax has been paid as evidenced by receipt No. 436888. Y which has the addressof.116D,~akes,Fnd.Drive,,,, ,,,,,,,,,,,,,,,,,„Fo~~„die;fie ? .Florida 33450 (herein "Property Address"r ~:.ea cAa.~ ~ ToGB7'HERwith all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances, rents, royalties, mineral, oil and gas rights and profits, water, water rights, and water stock, and a115xtures now or hereafter attached to the property, all of which, including replacements and additions thereto, shall be deemed to be 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 on a leasehold) are herein referred to as the "Property." } Borrower covenants that Borrower is lawfull seized of the estate hereb oonve ed and has the ri ht to mo y y y g rtgage, grant and convey the Property, that the Property is unencumbered, and that Borrower will warrant and defend generally the title to the l ~ Property against all claims and demands, subject to any declarations, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy insuring Lender's interest in the Property. "R~ BOO %aC:1 J~ = FLORIDA - 1 TO 4 FAMILY-G/75-FI~1MA/FHLMC INDIVIDUAL - - x - 2,,. ~ ~