HomeMy WebLinkAbout2440 FIRST FEDERAL SAVINGS AND C,.OAH ASSOCIATION
of FORT PIERCE
454'72
CORRECTIV€ MORTGAGE Loan ~ 02-23054453
MOlr1Y3A(lg i. made this .11th daY of .......June .
19.79 , betreea the Mo~a~or, l.l4YA . TAYI.OIt .AND . CLO7.IL0~ . F...1AYLOR,.. bps • wi fe .
(herein "Bormwer'~, and the Mostgaaee. FIRST FSDl3RAI. BAVINGB
AND LOAN ASSOCIATION OF FORT PISRCS, a corporation argani:ed and azisting ender the laws of the United States,
whose address is 100 Sonttt Second Street, Fort Pierce, i<loriaia 33~lb0 ~(her+ein "I.eaderr~.
WNS[ts~s, Borrower is indebted to~q~ ~4 •p~ TWENTY-FOUR THOUSAND AND NOf 100-.-------
----~1[4,~0~.•OU~r~nci-- snm of
. - - Dolla~n, which indebtedness is evidenced by Borrower's
note dated June • ~~Y~ , , , , , , , , , , , , , , , (herein "Note', providing for monthly installm~ta of principal and
interest, witl~j ~4 ba~~op of the indebtedness, if not sooner paid, dne and payable on
.........~~5......;
To SBCttRSto Leader (a) the repaymeett of the indebtedness evideaoed by the Note, with interest thereon, the peymeat of all
other same, wlth interest thereon, advanced in aooor::i~aos herewith to pr'o~ the severity of this Mortgage, and the
performance of the eovenanb and agresmenb of Borrower heroin contained. sad (b) the reps~yment of any thtnre advances,
with interest thereon, made to •Bo:r+ower by Leader pnrsaant to paragraph 21 hereof (hee+ein "Pbtnre Advances', Borrower
does hereby mortgage, grant and eonvebr to Leader the following described property looted in the County
of......... St.• LuCis . State of Florida: .
East 138 feet of West 356.76 feet of the north 150 feet of the north half of the southwest
quarter of the southwest quarter of the northwest quarter of Section 30~Township 35 South,
Range 40 East.
A 10 foot wide easement area described as follows:
The East 10 feet of the West 356 feet of the North half of the SW. l/4 of the SW 1/4 of the
NW 1/4 less the West 40 feet, less the South 25 feet, less the East 276 feet, all located in
Section 30, Township 35 South, Range 40. East./
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
'f in that certain mortgage dated June 11, 1979 and recorded in 0. R. Book~310, on page 1824,
public records of St. Lucie County, Florida, and upon which intangible tax has been paid as
evidenced by receipt No. 484189.
i. -
Aece~vAA ;
Oue On Class a In Psymsnt Of Taxp
C IntanpipNp~~
purrosnt To CbeDter 71, 1$4
ROGER POITRA$ 011p71 C
Cn~ Court, St. Lucia. Co., f#„ i
I
i
{
Jenkins Road Fort Pierce
which has the address of .
cs~r..u cc'~r?
Florida 33450 (herein "Property Addrees'7•
isei:.ea ~ case '
TOGETHERwith 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 fixtares 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 tbie
Mortgage is on s leasehold) are herein referred to as the "Property."
Borrower covenants that Borrower is lawfully seized of the estate hereby conveyed and has the rightto 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.
FLORIDA-~ ro a F~wi~r-ens-FNMA/FNIJAC UN~ORM H~STRUMENT gf)jKe~.4 PaGE2~e ~ INDIVIDUAL