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HomeMy WebLinkAbout1810 4 FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION 1 - OF FORT PIERCE CORRECTIVE i MORTGAGE ~ 04-23074683 THIS MORTGAGE i~ made this 25th aa,? of , , , , , , , July, , 19 $Q. ,between the Mortgagor, .......STUART. R.. aROYlN. AND .lINOA .J...BRM., .his. wife (herein "Borrower"), and the Mortgages, FIRST FEDERAL SAVINGS AND LOAN A.g90CIATION OF FORT PIERCE. a corporation organised and eotistiag under the laws of the United States. whose address is 100 South Second Street, Fort Fierce, irYorida 33~tb0 (herein "Lender"). . WHBRSAS :Borrower is indebt~t tQ~~t)?e principal sum of . TM~N~Y TI~QII$~p. AMp .(~Q~~QQ----~- . • • • • ' t . J ...............Dollars, which indebtedness ie evidenced by Borrower's note dated Ju1J(. Z~s..~~Q............ (herein "Note"). providing for monthly installments of principal and interest, with the balance of the indebtedness. if not sooner paid, due and payable on A4igtl$t , ,1 Q, , ~QQQ , , , , , i To 3BClttts to Lender (a) the repayment of the indebtedness evidenced by the Note, with interest thereon, the pavmeat of all I other sums, with interest thereon, advanced in accordance herewith to protect the security of this Mortgage; and the performance of the oov~ants and agreements of Borrower herein contained, and (b) the repayment of any inture advances, with interest thereon, made to Borrower by Leader pursuant to paragraph 21 hereof (herein "I~Iture Advanoes'~, Borrower does hereby mortgage, grant and convey to Lender the following • described property located in the County of St. • 4uci Q , State of Florida: The West 141 Feet of the North 125 Feet of the~South 200 Feet of the East 340 Feet of OUTLOT 17, WHITE CITY SUBDIVISION, as per plat thereof on file in Plat Book 1, page 201, Public Records of St. Lucie County, Florida. TOGETHER with the North 12 Feet of the South 200 Feet of the East 199 Feet of OUTLOT i7, WHITE CITY SUBDIVISION, as per plat thereof on file in Plat Book 1, page 201, Public Records of St. Lucie-County, Florida. TOGETHER with an Easement for ingress and egress over and across the South 18 Feet of the East 199 Feet of the following described _ property, to-wit: The North 200 Feet of the South 400 Feet of the East 340 Feet of OUTLOT 17, WHITE CITY SUBDIVISION as recorded in Plat Book 1, page 201, Public records of St. Lucie County, Florida, said Easement being: to the Grantees herein, their heirs, legal representatives and - assigns. , o „ ; - t ~ A 0 ~ 6 j 3 ~ ~ d By agreement of Mortgagor and Mortgagee on file i+ with Mortgagee, the within mortgage secures not ~ ~ ~ ! only an existing indebtedness, but also ADVANCES ~ to be.HEREAFTER made by Mortgagee to Mortgagor ~ p the aggregate of which will equal the principal ~ amount specified in the promissory note secured ~ hereby. ~ y ~ i This is a corrective mortgage designed to correct a ~ the erroneous legal description appearing in that ~ ~ ~ certain mortgage dated July 25, 1980 and recorded ~ ~i in 0. R. Book 335, paga 2388, of the public records ~ of St. Lucie Co t F1Qrida, a d upon which io~ttaapg aible ~S- tax has been pa~~ ~is evidenced Sy receipt. No. 5475~b. which has the address of.....4801 i Elm Avenue Fort Pierce ~sa.a.? lcie~) , .Florida , 33450 , . ,n,~;n ..property Addrees'7 iae.k :se Zp cede. Toct:Ttlertwith all the improvements now or hereafter erected on the property, and all easements. rights, appurtenances, s rents, royalties, mineral, oil and gas rights and profits, water, water rights, and water stock. and all fixtures now or hereafter s 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, subjeM to any declarations, easements or restriMions listed in a schedule of exceptions to coverage in any title insurance policy insuring Lender a intrere~t in the Property. GOOK cwcy PAGE . FLORIDA-i ro 1 FAMfIY-6/75-FNMA/FHLINC UNIFORM iNSTRUMElR INDIVIDUAL - i