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HomeMy WebLinkAbout0074 ' { ~ 4~'7~33. FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION Re~.wb•~,~~~h~~° ~aT••• OF FORT PIERCE Due 011 CIdM'"C" ylta1pO1ati1MM11Mrrt~~ Punuallt T~ C1M1~lAw 71,1K ~ q 1~1. C O R R E C T I V E ~ ~ MORTGAGE ct~t CM+~111t Owl ~t t+wl~rO~„1!a Loan X01-23070848 THIS MORTGAGE is made this 2nd of . ~y . is..80, between the Mortgagor, ....Char1,es,:~:„Gelirke,and, Cynthia,R,y„Getirl~g,~,hi,~,~if~ . (herein "Borrower"). and the Mortgagee, FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a corporation organised and existing under the laws of the United States, whose address is 100 South :Second Street. Fort Pierce, t~'torida 33450 (herein "Lender'7. wtlgBxas, Borrower ' indebted to bender in the principal sum of Twelve Thousand, and .n0/100------------, ~~~,QQQ„QQ,~-------------------.Dollars, which indebtedness is evidenced by Borrower's noie Sated ..MdY .2.~ • 1~~• (herein "Note"), Providing for monthly installments of principal and interest, with the balance of the indebtedness. if not sooner paid. due and payable on May..10,i ,1985, , , , , , , , , , , T° SBCtmE 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 accordance 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 Advanoes'~, Borrower does hereby mortgage, grant and convey to Lender the following •described property located in the County of.........~t•..~UCI@ . State of Florida: Lot 16, Block 1, RAINTREE FOREST, an unrecorded plat, more particularly described as follows: BEGINNING at a point that is 30 feet South of and 75 feet East of the Northwest corner of Section 33, Township 35 South, Range 40 East, St. Lucie County, Florida; thence run S89°34'46"E, parallel to the~North line of said Section 33, a~ distance of 633.19 feet; thence S02°27'15"W, parallel to the West line of said Section 33, a distance of 145.00 feet to the POINT OF BEGINNING: thence S89°34'46"E, a distance of 150.30 feet; thence S02a27'15"W, a distance of 145.00 feet; thence N89°34'46"W, a distance of 150.30 feet; thence N02°27'15"E, a distance of 145.00 feet, to the POINT OF BEGINNING. 'TOGETHER WITH all rights of ingress and egress owned by mortgagors under Grant of Easement from Raintree Forest Property Owners' Association, Inc. dated April 14, 1980, and recorded in O.R. Book 329, page 1796 public records of St. Lucie County, Florida:' By agreement of Mortgagor and Mortgagee on file ~ with Nrtgagee, the within mortgage secures not E only an existing indebtedness, but also ADVANCES to be HEREAFTER made by Mortgagee to Mortgagor ~ the aggregate of which will equal the principal ~ arra unt 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 May 2, 1980 and recorded in O.R. Book 331, page 10, of the public records of St. Lucie County, Florida, and upon which intangible tax has been paid as evidenced by receipt No. 546549. which has theaddreasof...Wilderness.Driye,East,,.„• FQrii,Pigr~g,.........,................ Isoree~l tcar? F 1 o ri dd 33450. , , • .(herein "Property Address")• 13tate end T,+p Code To~;ETHERwith 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 ~ 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." t 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 I.endei s interest in the Property. f FLORIDA-~ ro 4FAMILY-6175-FNMA/FHLJAC UNIFORM INSTRUMENT P~E INDIVIDUAL _ w, 3-' E ~ 4 3+"•r E I