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HomeMy WebLinkAbout0181 • - •r . X65533 a FIRST FEDERAL SAYINGS AND LOAN ASSOCIATION OF FORT PIERCE . CORRECTIVE MORTGAGE loan ~ 02-23062084- . 12th October THIS MORTGAGE is made this day of !s ~4. ,between the Mortgagor, ERANK.A.. L~ELANQ .and. ELAINE. lEElAND,. his .Wife s (herein "Borrower"), and the Mortgagee. FIRST FEDERAL 3AVIIVGS y AND LOAN ASSOCIATION OF FORT PIERCE, a corporation organized and existing under the laws of the United States, whose address is 100 South Second Street, Fort Pierce, Florida 33450 (herein "Lender'. es Borrower is indebted to Lender in of .FIFTY-FIVE THOUSAND AND; FIVE F~INORED AND N 0~ ' ~ ~UU ~ Dollars, which indebtedness ie evidenced by Borrower's October 12; 19» note dated (herein "Note"). Providing for monthly installments of princip~aal1 and interest, with the balance of the indebtedness, if not sooner paid. due and payable on November ,10,, _ ZO(~8 , , To SBCIRiS to Lender (a) the reps~yment of the indebtedness evidenced by the Note, with interest thereon, the payment of all other some, with interest thereon, advanced in accordance herewith to protect the security of this Mortgage, and the performance of the covenants and agreements of Borrower herein contained, and (b) the repayment of any future advances, with interest thereon, made to Borrower by Lender pursuant to paragraph 21 hereof (herein "Pbture Advanoes'0, Borrower does hereby ~8~ge, grant and convey to bender the following •described property located in the County of : L U C 1 e State of Florida: ~ Lots 38 and 39, BLOCK 6, INDIAN RIVER ESTATES, UNIT ~2, according to the plat thereof on file R in Plat Book 10, on page 46, public records of St. Lucie County, Florida.,/ 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 in that certain mortgage dated October 12, 1979 and recorded in 0. R. Book 318, on page 2031, of the public records of St. Lucie County, Florida, and upon which intangible tax has been paid as evidenced by receipt No.486181. E RsOe~ ~ in Payment Oi Tiltas~ i Due On Class "C•' Intanpibie Persor~l p~h pu?suern To Chapter 71, 134, Acts O~ tp71. , ROGER PW TRAS 9-~(,~ rler! Circuit CODA. St. L~ucis, Co., Fla. 8 t 9 Which has theaddreasof..5717 Buchanon Drive ..............••.•..........................Fort. Pierce , <c~c,) F 1 or i d s 33450 (herein "Property Address"); ' Isar. ,na do caa~, 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 fixtures 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 FLORIDA-t ro a F~wav- n - SOOK~~ PAGE 6 5 FNMA/FHI.MC UNIFORM INSTRUMfhIT INDIVIDUAL