HomeMy WebLinkAbout2140 A.
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FIRST FEDERAL SAYINGS ~ AND LOAN -ASSOCIATION
OF FORT PIERCE
CORRECTIVE `
MORTGAGE o1-23064882
THIS MORTGAGE is made this 8th day of . , ,November.
1s.Z9, ,between the Mortgagor, ..George. Gaalpbeil .and .Rose..iCampbel l .bis , r+t~fe .
(herein "Borrower"), and the Mortgagee FIRST FEDERAL SAVINGS
AND LOAN ASSOCIATION OF FART PIERCE, a corporation organized and existing under the laws of the United States,
whose address is 100 South Second Street, Fort Pierce, r'lorida 33450 (herein "Lender").
WHEREAS, Borrower is indebted to Lender in the principal sum of , Thi rly,„Four, Thousand, dnd NO/100-----
------•.(~34s~QQ.~QQ.~':"": . Dollars, which indebtedness is evidenced by Borrower's
note dated ....NDY~Ib@)':.~ x . ~9T~ . (herein "Note"), providing for monthly installments of principal and
interest, with the balance of the indebtedness, if not sooner paid, due and payable on ...NO~EOt~161"..14 ~ . ~QQ$ .
ToSECtrREto Lender (a) the repayment of the indebtedness evidenced by the Note, with intesest thereon, the payment of all
other sums, with interest thereon, advanced in aeoordance 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 "Future Advances"), Borrower
does hereby mortgage, grant and convey to Lender the following • described property located in the County
of............ St; . LuCte State of Florida:
That part of the West 170 feet of the East 490 feet of; South 2 of Outlot 7 and the
North Z of Outlot 8, according to a plat of White City, as recorded in Plat Book 1,
page 21, of the Public Records of St, Lucie County, Fla, said lots lying and being
in the East 2 of the Southeast 4 of Section 4, Township 36 South, Range 40 East;
which lies South of the following described line: Commencing at the Southeast corner
of the above-described land, and on the West right-of-way of Oleander Avenue, run
thence-North along the West right-of-way of Oleander Avenue, a distance of 131.25
feet for the Point of Beginning; thence run West at a 90 degree angle with aright-
of-way of Oleander Avenue, and parallel with the South boundary line of the above-
described land 910 feet; run thence Southwesterly to a point which is 20 feet North
of the South boundary of said land 1060 feet West of the East boundary of said land:
Continue West parallel with and at a distance of 20 feet from the South boundary of
the above-described land to the East right-of-way of Citrus Avenue. LESS AND EXCEPTING
therefrom aright-of-way for Buckeye Drive. Said property lying and being in St,
Lucie County, Florida. Subject to reservations, restrictions, rights-af-way and
easements of record. ?
This is a corrective mortgage designed to correct an
erroneous legal description appearing in that certain
mort a e dated November 8 1979 and recorded in O.R ~
9 9
Book 320, page 780, of the public records of St. Lucie
County, Florida, and upon which intangible tax has been
r
paid as evidenced by receipt No. 486543
By agreement of Mortgagor and Mortgagee on fi]e with ~ ~ ;
Mortgagee, the within mortgage secures not only an ~ ~
existing indebtedness, but also ADVANCES to be HERE-
AFTER made by Mortgagee to Mortgaogr the aggregate ~ ~
of which will equal the principal amount specified ~ ~
in the promissory note secured hereby,
which has the address of ......9~~ . Btl~kgye , Dri ye , , , . _ Fort Pierce
Isereet!
ic,tir
F.t on dd ...3345Q (herein "Property Address");
I.Sg4 and Zip Code!
Tcx:F.TttF.Rwith 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 hereaker
attached to the property, all of which, including replacements and additions thereto, shall bedeemed 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 rnorigage, 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, subjeM 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.