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HomeMy WebLinkAbout0827 _a ~ • _ . FIRST FEDERAL ~.~AVINC~,~ND LOAN ASSOCIATION OF FORT PIERCE , - CORRECTIVE - - MORTGAGE 01-23060526. TAffi>t[ORTBA(18i.wadsthis ............28TH off,,,,.„.,_Au~ust.~:_, 1s7~ . ,between the Mortga~ar, , , 44~r~n~e, Edward ~ Raul erson, and Lois Elaine Raul erson, ~ ~ s w~ fe. and .I~v~1t . Ravl,er~.o»...a. si ngl ~ .adu1l< ( N~ Gad the ~[o:fsa~ee, i~sr FSDBRAI. s~viNae AND LQAN ASSOCIATION OF P+OAT PigRCB. a corpceation acgani:ed and seating wader the lawn of the United States. wbws address is 100 South 8eooad Street, Fact Pierce;, trlarida 33460 (herdn "I,endee''). W~g , Borrows: is ~ m ~ p~Qpyl anon ~ ,Sixteen Thousand Five Hundred and , , . •NO/,1W----: 1 t . 00: !!u!"' : ; , , , , , , which indebtedness is avideaoed by Borrower's . . note Gated .....Ak9ust. Z8...197.~ (herein "Note'7, nrm?iaina ~ monthZlr instauments ofprr••nn~~p..11 and- interest, with the balanas of the indebtedness, if Got sooner paid, due and payable on Npvgmbt'r ,10,x,2008„ -ToSsCU[tato I.ender (a~ the repayment of the indebtedness evidenced by the Notes, with interest theroon, the pa,~ment a~f all other anms, with interest thereon, advaaosd in aooordanae herewith to protect the secasity of this I+Iortgagey and the _ perfoimanaa=af the oovenanb and agreements of Barsower herein oorltained. and (b) the repe~ymarlt of aq~r l~atare advanaea, with interest thereoq made to Borrower blr Lender pnrsnant to paragraph Zl hereof (herein "Ptittnrs Advances"). Borrower does hereby grant and oonvedr to Leader the following •desaribed property located in the County of U~i~ State of Florida: tot 3, Block A, of RE-SUBDIVISION OF M. J. RAULERSON SUBDIVISION, as per plat thereof on file in Plat Book 6, page 43, of the Public Records--oT St. Lucie - County, Florida - ~.o.>r.a ~ ~ ~ aTea~ss tie o~ c~ NcM tnt.~pbiaplNao,rlProparipl pursusm To CMp;sr 7/;134, Ash Of 1571. - RtKaER rOITRAS c3, cw~ caaa cry. st. t~a.~, co., rte, _ 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 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 August 28,._1979, and recorded in O.R. - Book 315, at page 2043, of the public records of - St. Lucie County, Florida, and upon which intangible tax has been paid as evidenced by receipt No. 485491. w~,}~~e~~~,,,,,~Qil._•]o~, N,, of, Atlantic, Ay; on, 31st;, Street~,,,,,,,,Fort, Pierce..,., , ~sd.w ~ Florida 33450 ,(herein "Property Address" • • •~et~ ae~ 73~ CodN • • • , - ? ToGBTHBAwith all the improvements now or hereafter erected on the property, end all easements, rights, appurtenances, recta, royalties, mineral, oil end gas rights and pro5ts, water, water rights, and water stock, and all 5ztnres now ar hereafter attached to the property, all of which, including replacements and additions ;hereto, 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." Borrrower 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 ie 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 Properly. r~ ~n~~ ~ a ~ r....... ~ rya! h.....~ R(Yl~[3i7 ~