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HomeMy WebLinkAbout0291 if ~ • r 13" FIRST FEDERAL SAVIN6iS ~ AND' `L'~4Afit ASSOCIATION OF FORT PIERCE , 4b~~16~8 t CORRECTIVE MORTGAGE 802-23061094 TfiI3 MORTGAGE is made this ....~~4h day of SeRteanber.................... , 16.79 ,between the Mortgagor,......~gfFx.S.44R@...,ii'o..aiLd.A4RR1ine.R..Stone...his.w~f~ (herein ••Borrower"), and the Mortgagee. FIRST FEDERAL SAVINGS 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, Florida 33450 (hereia "Lender'7. WHSRSAS, Borrower is indebted to Lender in the principal sum of .Faurlteen.Thotusatul .Fuur..8tundr~ed. and.do./.100---- X14.,000 QQ~ .....Dollars, which indebtedness is evidenced by Borrower's t note dated ......~aP~embax .1~~.. ~97~ (herein "Note"). Providing for monthly installments of principal and interest, with the balance of the u?debtedneas, if not sooner paid, due and payable on ..October..~0,..192~s...... To S$CtrEts to Lender (a) the repayment of the indebtedness evidenced by the Note, with interest thereon, the payment of all other sums, with interest thereon, advanced in aocordanee herewith to protect the security of this Mortgage, and the performance of the covenants and agreerne~nts of Borrower herein. contained, smd (b) the repayment of any future advances, with interest thereon, made to Borrower by Leaden pnrsaant to paragraph 21 hereof (herein "Future Advanoes'h, Borrower ' does hereby mortgage, grant and convey to Lender the following •described property located in the County of.... , St; ,Lucie State of Florida: Lot 4, Block "B", REVISED FLAT OF COBBS PARK SUBDIVISION, according to the Plat E thereof, on file in Plat Book 8, page 54, of the Public Records of St. Lucie County, Florida. By agreement of Mortgagor and Mortgagee on file with the MortPagee, the within mortgage secures not only an existing indebtedness, but also ADVP.NCES to be HEREAFTER made by Mortgagee to Mortgagor, the 'aggregate of which will equal the principal amount specified in the promissory note ' secured hereby. . 1? t J This is a corrective mortgage designed to correct an erroneous legal description in that certain mortgage dated September 13, 1979 and t recorded in 0. R. Sock 316, on page 2971, of the public records of St. Lucie County, Florida, and upon which intangible tax has been paid as evidenced by receipt No. 485770. Retehred t Oue On Class "C"~ Intanp~le PrrsonN arope.ty, r'u?susnt To Chaptsr 71, 134. Acb O,~~ pt8 i ROGER POI1M3 `ard Gars Circuit CouR, SL Larder CO., Hn. ~ r i S t ' I' ~ 1 which has the address of...........~60~..Critrus .p?!!~~.. F.QI~ .~~.@CSe...................... ~s~~ tGtie,) . , Florida 33450.......(herein "Property Addreas'~; TOGE7ttERwith all the improvements now or hereafter erected on 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, ail 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~covenanta that Borrower is lawfully seized of the estate hereby rnnveyed 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'a~interest in the Property. FLORIDA-t ro a FPM+~.-6n5-FNMA/FHt.MC uk~otrM ursTrru~t:Nr Bp0!<~ ~ ~ ~NDIVIDUAI. -