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HomeMy WebLinkAbout1533 4'72100 ~ ~ t IRST i' EDERA~.. ~AiiiiV(a5 ~i(~i~i ~~A~ f?55Vl:iwiii~n~ OF FORT PIERCE CORRECTIVE MORTGAGE Loan 02-2$065772 THIS MORTGAGE is made this 7th d of December . _ . . . . Is... ,between the Mortgagor, .....~~~L~Ahi.A:.ICLANiBfi..and,GLAUYS~;.ICLAh16fi~.his,wife,.„.„.,,,,,,,,, . . . . (herein "Borrower' d the M an ortgagee. AND LOAN ASSOCIATION OF FORT PIERCE, a corporation organized and ezisting under the laws of the United States, whose address is 100 South Second Street, Fort Pierce, !''torida 33450 (herein "Lender"). WHEREAS, Borrower is indebted to Le er in the pri cipal sum of TEN. THOUSAND, AND ,NOf 100--„--, ---.~,.,,10,,~000 :00~------, Dollars, which indebtedness is evidenced by Borrower's note dated ........UeCemper..7,. ,1979, , , , , , , , . , , (herein "Note"), providing for monthly installments of rincippaal1 and interest, with the balance of the indebtedness, if not sooner paid, due and payable on December ~0, "LU08 ToSECttlteto Lender (a) the repayment of the indebtedness evidenced by the Note, with interest thereon, the payment of all other soma, with interest thereon, advanced in accordance herewith to protect the security of this Mortgage, snd the performance of the covenants and agreemients of Borrower herein contained, and (b)t~he repayment of any future advances, ..»tl. i.++esm! +l+nrnnn mAeIP +A Rf1TM1WOT I1V T PnrIOT f111TAUAl1t t0 DHTAIIiADh 2t hereof (het+e~n "Future Advances"1. Borrower does hereby morc~a~e, grant and convey to Lender the following •described property located in the County of..... ..........Luci.e . State of Florida: Apartment C., Building 1i9, PHASE VIII, NIGH P(tINT OF FORT PIERCE CONDOMINIUM, SECTION II, according to the Declaration of Condominium thereof and exhihits attached thereto as in Official Records Book 304, page 1396, and Amendments in Official Records Sook 314, page 1774, of tits public records of St. Lucie County, Flcri~a. f 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 descrip- ti on appearing in that certain mortgage dated and recorded in 0. R. Book 322 , page 1622 of the public records of St. Lucie County, Florida, and upon which intangible tax has been paid as evidenced by receipt No. 487053 . i I Recervecl ! In Payment Of Taxes ~ Oue Cn Class "C" Intangible Personal prot++•ty, ~ ~u~s~ant To Chaptsr 71, 134, Acts pt +9?1, ROGER POITRAS ~ i~j~ g ra??~ C~?cuit Court, St. Lucie. Co., FIB, E ) . a which has theaddresaof....,119-C High Point ...............................Fort Pierce...._...._...._...._. tsaeea? ~c~crt Florida 33450 t .(herein Property Address i isute .cu tin . Toc;ETttERwith 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 ~ittached 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 ~'Iortgage 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. eca~3~ Pec~~~4 ~ FLORIDA-t to 4 FAMILY--6175-FNMA/FHLMC UNIFORM INSTRUMEKT INDIVIDUAL