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HomeMy WebLinkAbout0893 . _ Y a , ~ ~ ( ~ 456408 ~ FIRST FEDERAL SAVINGS AND LOAN/ ASSOCIATION , OF FORT PIERCE ~ 1~0 MORTGAGE o1-23056300 THIS MORTGAGE is made this .............~~~h................... day of .........J~lN~ . 19.19. , between t>~ Mortge~gor, ......CNABLES. R.. a~uEa. J1~In .RI.Ta f... BAUER,..aIS . KIEE . (hee+ein "Bormwetr"), and the Mortgagee, FIRST FEDERAL RAVINGS AND LOAN ASSOCIATION OF FORT PIERCE. a corporation organised and caisting under the lawn of the United States. whose address is 100 SoutU Second Street, Fort Pietros, trlorida 33150 (herein "I.endas''). Wks, Borrows: is ~debted to Lander in the principal enm of FIFTY. TNQUSAND..EIGHT.1iUNDRED. ANQ .NO%100- ':.l~~Q.~QQ•.~.~. 'w•w_w_~_~_.-__ ~llats, which utdebtednees m evidenced by Bon+ower's note dated ~4OA . s . ~~7~ (herein "Note',, Providing for monthly inatadlments of principal and interest, with the balance of the indebtedness, if not sooner paid, dne and payable on ....Jl11.Y..10.~ To Ssetmgto Lender (a) the repayment of the indebtedness evidaaosd by the Note. with interest thereon, We payment of aU other soma, with intee+eet thetreon. advanced in aeoordaaes herewith to protet>< the security of this Mostgage, and the performance of the covenants and agreements of Borrower heroin contained, and (b) the repayment of any ihture advances. with interest theeeoa, made to Borrower by Lender pursuant to paragraph 21 hetrsof (herein "Fntnre Advances"), Borrower does hereby motrtg grant and convey to Lander the following described propert~r located in the County of............ ~T ~ ~ . Stste of Florida: I 3 Condominium Parcel No. 3815, BEACHTREE I CLUSTER, according to the Declaration of Condominium thereof, recorded in Official Records Book 296, pages 1438 thru 1510, as amended by Certificate of Amend- ment recorded in Official Records Book 300, pages 212 thru 221, and as amended in that certain Certificate of Amendment dated May 21, 1979 filed May 24, 1979, recorded in Official Records Book 309, pages 1149 thru 1173, all of the 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 HEREAFTER made by Mortgagee to Mortgagor the aggregate of which wi1T equal-the principal amount spzcified in the promissory note secured hereby. l ~ This is a corrective mortgage designed to correct an erroneous .legal. description appearing in that certain_mortgage_dated June 25, 1979, and recorded in 0. R. Book 312, page 223, of the public E records of St. Lucie County, Florida and upon which intangible tax has been paid as evidenced by receipt No.484575. i - Asestrsd t to a~nst+t Of ?sue Dw On Cuss "C" ImenpiblsPsrsonslh~opsttr. 'ttreuant To Ch.pa? 71. 134. Acre Of 1~/1. aoc~R PotrnAs 9~ cte.t~ c~rwlt covet. st. tatct., ca. A.,~ F i which has the address of ?400 S: Ocean Drive ort P erce , ceew ~ic~,~ ..Florida .3345D ........(herein "Property Address"); uv case ToGtt'iftt.ttwith all the improvements now or hereafter erected on the property, and aU easements, rights, appurtenances, rents, royalties, mineral, oil and gas rights and pro5ts, water, water rights, and water stock, and a115ztnres 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 "Properly." 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 eaeeptions to coverage in any title insurance policy insuring Lender's interest in the Property. 8~~ INDIVIDUAL FI AQtn~-~ T., ~ c...d ~~n~s~u~~~~ ~ ~~sr~ WcTwwcrr