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HomeMy WebLinkAbout1571 ' 9:$fi86..Q- i ~ , FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION ~j F F RT PIERCE f O O CORRECTIVE MORTGAGE o1-23069592 MORTGAGE >a made this ~~~h deny of .......1'~dreb....................... , ls. between the Mortgagor, M~chdea..G...M>~1rptUc. and .Di ane.l~ur:ptyt, .his..Wi Vie . (hereon "Bosrower'7, and the Mortgagee FIRST FEDERAL SAVINGS AND LOAN AS.90CIATION OF FORT PIERCB, a corporation organised and secreting Hader the laws of the United Staten, whose address is 100 South Second Street, Fort Pierce, l:~lorida 33450 (herein "I.ender'~. wHSRS~s, Bo:~~?pr is indebted to Lender in the principal snm of ..$TXTY..FOIl~..T.HUl.lSANO. ANR .MA/.1 QQ.......... . 11sd4a~Q0•QQ~--------„°------------.DoUara, which indebtedness is evidenced by Borrower's note dated ~Y'~h. 2~a..~ ~$Q (hee~n "Note', Providing for monthly installments of principal and interest„ with the balance of the indebtedness, if not sooner paid, doe and payable on Ap1:~1..10~.ZQQ~......... ToSgCtRtB to Leader (a) the repayment of the indebtedness evidenced by the Note, with interest thereon, the pavment of all other soma, with interest thereon. advanced in aooordanoe 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 nay future advances, with interest thee~eon, made to Borrower by Lender pnr~enant to paragraph 21 hereof (herein "I~tnre Advanoes'~, Borrower does hereby mortgage, grant and convey to Lender the following •deecribed property located in the County of.......St ; ,Lu~i a . State of Florida: Beginning at the intersection of the west right of way line of County Road (North Indian River Drive) and the North line of Section 33, Township 34 South, Range 40 East, run thence West 173.51 feet; thence turn and run South 115.53 feet to the North boundary line of Yacht Lane; thence turn and run East along said North line of Yacht Lane 200.32 feet; thence turn and run North along the West right of way line of County Road 100 feet to-the point of beginning. Al so~the North 100 feet of that part of Government Lot 1 of Section 33,~ Township 34 South, P.ange 40 East, lying East of North Indian River Drive, together with riparian rights. By agreement of Mortgagor and Mortgagee on file with 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 maturity date appearing in that certain mortgage dated March 26, 1980 E and recorded in O.R. Book 329, page 84, of the public records of St. Lucie County, Florida, and upon which intangible tax has paid as evidenced by receipt No. 488595 . A~iwd g ~ ~o OtT~N s OtN On CINr "C' Irttanpible PersollN lM~fyl, 'Yttuant To Chevter 71.134, Awls OI 1071. ' ROGER P~Q~ITRA1i aNll ar.rn ce~N, st. ~ cam, which has the address of zSZ~ North . ~Itd~An. Ri xer..4r~xe .....................FQr~.)'1 grog . ~cR,~ Fi on da 33450 , , , , , ,.(herein "Property Address'; ~s~.a:au no coat, ~ ToGE'ItlBttwith all the improvements now or hereaRer erected on the property, and all easements, rights, appurtenances, rents, royalties, mineral, oil and gas rights and pro5t8, water, water rights, and water stock, and a115zturea 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 reatrictiona listed in a schedule of exceptions to coverage in any title insurance policy insuring Lender s interest in the Property. { ~ P~ 57"0 FLORIDA-~ TO 4 FAMIIr-6/75-FNMA/FHL~IC UNIFORM INSTRUMEIfT BOOKth7~ ~ ~NDIYIDUAL