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HomeMy WebLinkAbout2224 ~~szoz FIRST FEDERAL SAVINGS A?ND #.OAN ASSOCIATION OF FORT hIERCE ' CORRECTIVE MORTGAGE MORTGAGE Loan # 02-23052531 ~MORTQA(ig i. made this .....14th da~c of Ma,~ . is 79. , btweea the Mortgagor, Joseph:G ::M~ 11'er, .a_ single.a....lt (herein "Borr+ower'7, and the Mortgagee FIRST FEDERAL SAVIId(38 AND LOAN ASSOCUTION OF FORT PIERCE, a corporation organised and aadating Hader the laws of the United States, whore address is 100 Sonth Second Street. Fort Pierce, irlorida 3.8150 (herein "header"). WH~sas, Borrower is indebted to a cipal wm oi..EIGHTEEN,THOUSAND.RND, NO/100 ~ -----_8?.0~~0~--~ - ~--Dollars. which indebtedness ie evideaasd by Borrowez's note dated ....MaiX. ~.4~..19~2 (herein "Note'7, providing for monthtjr installments of principal and interest, with the balance of the indebtedness, if not sooner paid, dne and payable on . ~4n~.]9~.1.299 TOSactrnato Lender (a) the repayment oithe indebtednep evidenced by the Note, with interest thereon, the payment of all - other soma„ with iateeest theeeor?, advanced in aooordanos herewith to protect the security of this Mortgage. and the ' perfoemanos of the ootreaaab and agreemeab of Borrower hee~a oontaiaed, and (b) the repayment ofany fhtars advances, - with interest thereo®, made to Borrower by Lender parsuant to paragraph Zl hereof (herein "Phaue Advanoes'7, Borrower does hereby mom grant and convey to Leader the following • described property located in the County of......... St:. LOCI e State of Florida: From the Southwest corner of the Northwest quarter run-East along quarter Section line II 830.25 feet. thence run North 165 feet for Point of Beginning, thence continue North 70 feet, thence West 125 feet, thence South 70 feet, thence East 125 feet to the Point of Beginning. All lying in Section 7, Township 35 South, Range 40 East, St. Lucie County, Florida. By agreement of Mortgagor and Mortgagee on file with the Mortgagee, the within mortgage secures not 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. This is a corrective mortgage designed to correct an erroneous legal description appearing in that certain mortgage dated May 14, 1979 and recorded in 0. R. Book 308, on page 2701, . of the public records of St. Lucie County, Florida, and upon which intangible tax has been paid as evidenced by receipt No. 483757. II.o.Wea • 1~G~ M, rrr~ aTiuss ow On aces "C" tsauMMai~~w«t51lMy~ P~r«,am to cn.rt..7t, ~s~ A~r01 tMl. f~a i~oi~iMS a«t cfr~+t court, s1. t~ a~, Aa which the Rt :.1, Box 889 Fort Pierce Florida 33450 i... ..........(herein "Property Addr+ees" sari:... can' ToGE~1'EtBttwith all the improvements now or hereafter erected on the property. and all easements, rights, appurtenances, rents, royalties, mineral, oil and gas rights and pro5ta, water, water rights, and water stock, and all fiztnrea 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 lawfully seized of the estate hereby conveyed and has the right to mortgage. grant and convey the Property, that the Property is unencambered, 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 exceptions to coverage in any title iasnrance policy inenring Lender's interest in the Property. ;_`.309 ~a~222'i FLORIDA - 1 70 4 FAINTLY-6/75-FNMA/FliLMC INDIVfDUAL fr: - ~ -