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HomeMy WebLinkAbout2895 X4851`7 FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION ~ OF FORT PIERCE CORRECTIVE MORTGAGE o1-23054313 THIS MORTGAGE is made this 24th a~?y of . Md~(. . 1979 ,between the Mortgagor. ....t~q~eP.h..~m?.~11..4Itd.QdmaYn, P,, ~mi~, h,,,hid,I~l~f~ (herein "Borrowez'h, and the Mortgagee FIRST FEDERAL 9AVING3 AND LOAN ASSOCIATION OF FORT PIERCE, a corporation organised and e:iating under the laws of the United States, whose address is 100 Scum Second Street, Fort Pierce, l~'lorida 33450 (hetrein "Lerider'7. WHt:RSAB, Borroyv~je'j~pbf~dto Lender in the principal sum of ...,SIXTEEN THOUSAND ,AND, NO/100--------- - - - - - - - - - - - - - b lulUU~u . ~~0~ ...Dollars, which indebtedness is evidenced by Borrower's . . note dated MaY..24, ,1979 (heroin."Note'7, providing for monthly installments of principal and interest, with the balance of the indebtedness. if not sooner paid, due and payable on June 10,. ,1996.... • . To Sscuitg to Lender (a) the repayment of the indebtedness evidenced by the Note, with interest thereon, the payment of all other sums, with interest thereon, advanced in accordance herewith to protect the security of thin Mortgage, and the performance of the covenants and agreements of Borrower herein contained, and (b) the repayment of any inture advances, with interest thereon, made to Borrower by Lender pursuant to paragraph 21 hereof (herein "Future Advanoes'7, Borrower , does here motdgage. grant and convey to Lender the following • deaaribed property located in the County of........?t:.. Lucie State of Florida: The North 27.5 feet of Lot 22, all of Lots 23 and 24, Block 2, less and except the West 110 feet thereof, Plat of Block 2, KILLER & DEMMER'S ADDITION, according to the Plat thereof as recorded in Plat Book 2, page 10, public records of St. Lucie County, Florida. By agreement of Mortgagor and Mortgagee on file with Mortgagee, the within mortgage secures not only an existing indebtedness, but also ADVANCES to be HERE- AFTER made b~ 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 24, 1979 and recorded in O.R. Book 309, page 1880, of the public records of St. Lucie County, Florida, and upon which intangible tax has been paid as evidenced by receipt No. 483930. Reoshred A n~ In Paprnsrtt Of Taxes Oue On Class "C" IntanfliblePersonalPropsrty ~ Pursuant To Chapter 71, 134, Acts O/ 1871. ROGER POITRAS ~ ` 9 i Clerk Cncuit Coup, St. lucN, Co., Fla, Y whichhaetheaddreesof........~20z North.13th...Street,,,,,,,,,,,,,,,,,,,,,,,,,,,Fort. Pierce..:•. • . , ? ~crt,~ Florida 33450 .(herein °Property Addrese'7; - ~ ~ csw..m do coa.? . = ToGE7tIF.ttwith 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 all fixtures 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 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 exceptions to coverage in any title insurance policy insuring Lender's interest in the Property. 310 2893 FLORIDA - 1 TO 4FAMILY-6/75-FNMA/FHI.MC INDIVIDUAL F - s - 1 aC