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HomeMy WebLinkAbout0954 ~ .452`148 FiRST FEDERAL SAVINGS AND LOAN ASSOCIATION ~ OF FORT PIERCE CORRECTIVE MORTGAGE oa-23056516 THL3 MOR1`GAGE ia made this ~$th day of ~u~.~.................... , is7~ . . between the Mortgagor, . . Ar~hur. .1.. .Johas.ton .and . Anaa .M.. .Jahnston, . hi s. ~if.e . . . . . . . . . . . . . . • • • • • . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (herein "Borrower"), and the Mortgagee. FIRST FEDERAL 3AVING3 AND LOAN A330CIATION OF FORT PIERCE, a corporation organized and e~cieting under the laws of the Ututed States, whoae addrese is 100 3ouw Second Strcet, Fort Pierce. r'lorida 33450 (h~rein "I.ender"). W Hr~~s, Borrower ie indebted to Lender in the principal eum of TMlEN7Y . F.I YE .THOUSAND . AND. NO/10Q ..----------------($z5.A00.00~-----.:-------r.:----Dollare, which indebtedneea is evidenoed by Bormwer'e note dated .............June. 28...197.9.......... (herein "Note'~~ Pmviding for monthly inetallments of principal and interest, with the balance of the indebtednese, if not eooner paid, due and payable on ~111y. .10., . 2.Q0$ ToSSCURSto Lender (a) the rep$yment of t6e indebtedness evidenced by the Note, with intereat thereon~ the pa.vment of all other suma, vvith intezest thereoa, advaaoed in aocordance herewith to protect the security of thie MortBaBe. and the pezformsnoe of the oovenanta and agreemente of Bo:rower herein oontained, and (b) the repayment of any futnre advanoes. with interest thareon, made to Borrower by Lender pnrsnant to paragraph 21 hereof (he~rein "F~tnre Advancee'~. Borrowe9r does hereby mortgage, grant and convey to Lenda~r the following •described property located in the County of . . . . . . . . . . . . . . . . . . . . St .~.~1~ ~.Q . . . . . . . . . . . ~ State of Florida Lot 17, Block 197, South Port St Lucie, Unit 15, according to the plat thereof on file in Plat Book 16, pages ~2, 42 A thru 42 F, public records of St Lucie County, Florida. By agreement of Nbrtgagor and Mortgage on file with Mortgagee, the within mortgage secures not only an existing indebtedness, but also ADVANCES ~o be ; HEREAFTER made by Mortgagee to Mortgagor the ' aggregate of tirhich will equal the principal amount specified in the promissory note secured ' hereby. i ? ~ This is a corrective mortgage designed to ~ correct an erroneous legal description appearing 4 in that certain mortgage dated June 28th, 1979 ~ ~ and recorded in O.R. Book 311, page 2584 of the q public records of St Lucie County, Florida, and ~ upon which intangible tax has been paid as ~ evidenced by receipt no. 484497. ~ ~ ~ - - ~ ~ P.E.f:YED s~"t+~-"c_ C~l~~~ ~ L'JE C?+ ClASg M PAY~(T Of TAXES ~ .~ij1. ~ L t!171ESiG!Btf PET;t1iAl F::(}~a4rf, • F fC~ ~::.'li i0 i1;r7... ;1•1'A, f.~IS ~F la~s ,Ft, ~ ~ ^~.:Z POlTFyc ~ C1~Giff GGtirT. S~. a' -lz.~t ~::it=Yli ~.r.i+~i, St. lll;tj Q~ S: y ~ i? r~ -i whichhastheaddreeeof........1965,S:.E;,Bur~undx.Lane,,,,,,,,,,,,,,,,,,Port_St,Lucie,,,,..,,,,,,.,., . , (3tnec) lCitr) F1 ori da 33452 ,~herein "Property Addreas"); - ~ ~ c~.u .on tio coa., . . . . . . . . . . Toc~'ttErtwith ali the improvemente now or hereafter erected on the property, and all easements, rights, appurtenances, ~:i rents, royalties, mineral, oil and gas rights and profita, water, water rights, and water atock, and all fixtures now or hereafter ~ attached to the property, all of which, including replacemente and additions thereto, shall be deemed to be and remain a part of j ~ the property covered by thia Mortgage; and all of the foregoing, together with said property (or the leaaehold estate if this Mortgage is on a leasehold) are herein refened to as the "Property." ~ ~ ;~y Bonower covenanta that Borrower ie IawfuUy seized of the estate hereby conveyed and has the right to mortgage, grant and I convey the Property, that the Property is unencumbered, and that Borrower will warrant and defend generally the title to the Property againat all claims and demanda, subject to any declarations, easementa or reatrictions listed in a schedule of ! exceptions to coverage in any title inaurance policy insuring Lender's intereat in the Property. ~ FLORIDA - 1 TO 4 FAMILY-6/75-FNMA/FHLMC Bi~JX,J~•J P~GE JcJ~ INDIVIDUAL