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HomeMy WebLinkAbout2611 _ . _ _ Wit, _ .45'7402 FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION r OF FORT PIERCE CORRECTIVE MORTGAGE Loan ~ 02-23058520 THIS MORTGAGE is made this 21st August day of . 19.1 , batweea the Mortgagor, .....CHAIRES. AAlI.IS. ANQ .JACQUELINE .C...DA1LI S?, . hrs. >Ni fie (herein "Borrower"), and the Mortgagee. FIRST FEDERAL 3AVIIdG3 AND LOAN A8.90CU?TION OF FORT PIERCE, a corporation organir~ed and eziating under the lawn of the United States, whose address is 200 South Second Street, Fort Pierca, r'lorida 334b0 (herein "Le®der'~. wxaxs~+s, Borrower is indebted to Lender in the principal sum of FI FTY. THOUSAND AND NO/100------------ - ------------(~5Q,040.Q0)_----rr.-Dollars, which indebtedness is evidenced by Borrowe~r'a note dated ..Al~US~. 2l •..1979.......... (herein "Note', Providing for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due and payable on ..Se~terob~r. iQ•.zOQB... TO SgClt[t8to Leader (a) the repayment of the indebtedness evidenced by the Note, with interest Wereon, the pa~vment of all other sums, with interest thereon, advanced in aeoordanoe herewith to protest the security of this Mortgage; and the performanos of the covenants and agreemeate of Borrower herein contained, and (b) the repayment of aqy future advances, with interest thereon, made to Borrower by L~der pursuant to paragraph 21 hereof (herein "l~tnre Advanoes'~, Borrower does hereby morrtgage; ,grant and convey to Lender the following •deecxibed property located in the County of........ $t... l.,u.rwi~ . State of Florida: The North ~ of Lot 16 and all of Lots 17 and 18, Block 4, THE TROPICS, according to the plat thereof on file in Plat book 6, on page 21, public records of St. Lucie County, Flarida. Hy agreement of Mortgagor and Mortgageeon file with the Mortgagee, the within mortgage secures not only an existing indebtedness, but also AQVANCES 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 maturity date appearing in that certain mortgage dated August 21, 1979 and recorded in 0. R. Book 315, on page 544, public records of St. Lucie County, F]orida, and upon which intangible tax has been paid as evidenced by receipt No. 485371. ~O1V A~ivd • in pslrmern Ot Taws ®NP Qn Class ..C.. ~ntsrgittl~ Penorl~l 1'u~auant to ~t+evesr ~s~. Ass a t~ ~e Noff~ c a"k alt awt s~ ~ oa. Ra ~ . which has the address of , , , i 201 Royal Palm 61 vd: Fort Pierce .......................(Citsl....................... , F 1 on da 33450 (herein ..property, Addrese'~• • ct~te.nu ro coda ' TOG~ERwith aU 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 factures 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. i t 1 ilrt i RLARIDA-~ rn l FAYIIY-6175-FMMA/FHLMC UNIFORM INSTRUMENT 80~A ~ P~E~ ~NDIVIDl1~1