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HomeMy WebLinkAbout0911 . ~ FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION I OF FORT PIERCE 4;~p~ CORRECTIVE MORTGAGE MORTGAGE No. 01-23076993 19.RO IbetweentheMortgagor~A~,14E,S, F1sFARMER~,Jr;,,and,Jtjblf .RHO~I~f ~AR~~~,f~s,wife,,,,,,,,,,,,,,,, (herein "Borrower"). and the Mortgagee, FIRST FEDERAL SAVINGS AND LOAN A3.9OCIATION OF FORT PIERCE, a corporation organired and existing under the laws of the United States, whose address is 100 South Second Street, Fort Pisr~oe, i<lorida 33450 (herein "Lender'. Wss[tans, Borrower is ind bled to Lender in the principal sum of . FQRTY,THOUSAND AND NO/100------------ ~QQQrOQ --------------------------Dollars, which indebtedness is evidenced by Borrower's note dated A494~ t ~.s . ~ 9~1 (herein "Note"). Providing for monthly installment+~ of pn'gcipal and ini rest, with the balance of the indebtedness, if not sooner paid, due and payable on ?ePtemDer Q ,..~Q~~ To SSCtreB to Lender (a) the repe~yment of the indebtedness evidenced by the Note, with interest thereon, the payment of aU other sums, 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 any fatnre advances, with interest thereon. made to Borrower by Lender pursuant to paragraph 21 hereof (herein "Fntare Advances"), Borrower does hereby mgrtgage, grant and convey to Lender the following .described property located in the County of... S.t...lt1Ci.Q . State of Florida: The East 1/2 of lot 4 of the NW 1/4 of MODEL LAND COMPANY'S SUBDIVISION as per plat thereof on file in Plat Book 2, page 10, public records of St. Lucie County Florida, LESS AND EXCEPT the North 30 feet of the South 60 feet and the East 30 feet of the South 30 feet thereof, and LESS the North 45.5 feet for canal right of way. The North 30 feet of the South 90 feet of Lot ~ lying West•of the might of way for the Sunshine State Parkway, AND, the North 30 feet of the South 90 feet of Lot 3, both lots being in the NW 1/4 of MODEL' LAND COMPANY'S SUBDIVISION, as per plat there- of on file in Plat book 2, page 10, public records of St. Lucie County, Florida. TOGETHER WITH and SUBJECT TO all easements appurtenant for ingress, egress and utilities appearing among the public records of St. Lucie County, Florida, and particularly TOGETHER WITH that certain easement from the Florida State Turnpike Authority, dated September 30, 1965, recorded in O.R. Book 128 page 254 ? • This is a corrective mortgage designed to ~ correct an erroneous legal description ~ ~ appearing in that certain mortgage dated o c o August 21, 1980 and recorded in O.R. Book 337 page 609, of the public records of ~ ~ a ~ ~ St. Lucie County, Florida, and upon which intangible tax has been paid as evidenced ~ ` ~ ~ ~ s by receipt no. 547930. ~ g~~~ C r• W ~ ~ By agreement of Mortgagor and Mortgagee on file c3 with Mortgagee, the within mortgage secures not x o s only an existing indebtedness,~but also ADVANCES • ~ ~ _ ~ to be HEREAFTER made by Mortgagee to Mortgagor c ; ~ the aggregate of whcih will equal the principal Q c ~ amount specified in the promissory note secured hereby. which has the address of. RQ~ttE, 7, , • Box , , , •299 ,South Fart Pierce f ? ccw~ . _ • , Fl on da_ , 33450 ,(her+ein ..property AddreBS"); ~ .su tin cAee? . ToGF:7'HERwith 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." 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. I ~ saa ~ r~ ~ FLORIDA-~ a FAMRY-6/75-FNMA/fHIMC UNadtM INSTRUMElR INDIVIDUAL i