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HomeMy WebLinkAbout1294 ~ , 4'T75'~8 . ~ 3~ FIRST FEDERAL SAVINGS AND -LOAN ASSOCIATION OF FORT PIERCE CORRECTIVE MORTGAGE b1-23066747 . THIS MORTGAGE is made thi.... der of ~anuarx . 1s.~U ,between the Mortgagor, ...Samuel, F;,Hair,. Jr;,,a~~,Li~~~~. M:. N~i?:~..i~is~.~li.fg ro "Borrower''), and the Mortgagee. FIRST FEDERAL sAVINGs AND LOAN AS.gOCIATION OF FORT PIERCE, a corporation organized and existing tinder the laws of the United States, whose address is 14lQ South Second Street, Fort Piereh t<lc+ricttt 941fiQ (herein "T.ieulet''14 WH®tses Borrower is in bled to Lend in the rind al stun ofFQl".~Y. fQ~Ir,tj~QU~4Kl,~,fq~lr •hRrl~~~, and ,no/100 ' -~~44 40Q OQ~ DoAars, which indebtedness is evidenced by Borrower's . .p . note dated Janus ry. 2,, ,~98Q , , , , , , • , , , • „ (herein "Note"), Providing for monthly installments of principal and interest. with the balance of the indebtedness, if not sooner paid, due and payable on Mdt"~~I . ~.Q ~OQ~ . To SsCtr[t8 to Lender (s) the repayment of the indebtedness evidenced by the Note, with interest thereon, the payment of aU other stubs, with interest thereon, advanced in aeoordanoe herewith to prated the security of this Mortgage, and the performance of the covenants and agreements of Borrower herein contained, and (b) the repayment of any fntttre advances. with interest thereon, made to Borrower by Lender ptutmant to paragraph 21 hereof (herein "Phttu~e Advanoes'~, Borrower does hereby mortgage, grant and convey to Lender the following 'described property located in the County of............ . ~UG~ 1' . State of Florida: Lots 15 and 16, Block D, HARMONY HEIGHTS ADDITION #5, according to the plat thereof on file in Plat Book 10 Page 34, public records of St. Lucie County, Florida i By agreement of Mortgagor and Mortgagee on file with Mortgagee, the within mortgage secures not i 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 2nd January, 1980 and recorded in O.R. Book 323, Page 1290, of~the public records of St. Lucie County, Florida, and upon which intangible tax has been paid as evidenced by receipt No. 487264. Recslved A ,~-~=_In Psymsnt Of Tatoeg Due On Class "C" IntarpiblePersona~propMty, ou~suant To Chapter 71. 134, AcU Or'971 ROGER POITAAS rterS cirt:u$ court, St. tucle, Co., which has the addressof..,41St•Street•and• San•Dieyo••.•,••.••••_•••••,••Fort•Pierce . Ftori~a.. ~~4~0.....(herein "Property Addrees`~; $ (9tdc and lip Coda) TOGE7ttBRwith all the impmvementa now or hereafter erected oa the property, and all easements, rights, appurtenances, rents, royalties, mineral, oil and gas rights and profile, 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 $ormwer 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. FLORIDA-t ro 4 FAMILY-6115-FNMA/FHLMC UN~ORM INSTRUMENT BO~X~~ INDIVIDUAL