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HomeMy WebLinkAbout0666 FIRST FEDERAL SAYING& AHD LOAN ASSOCIATION OF FORT PIERCE CORRECTIVE MORTGAGE i MORTGAGE Loan No. 01-23078551 THIS MOR'PGAGE is made this 6th , of October . 1s.8Q ,between the Mortgagor, Alf~l~.p~tY~~~. d.4ll~fri~~ .4~ult .~?l~d....r'~ha, Lge ,Robinson ,Eorn~rly..knnwn . a~. ~~:~~A ~~P~K@R~ ~ . S~ggl@. ~d>~tl ~?erein "Borrower"). and the Mortgagee, FIRST FEDERAL SAVINGS AND LOAN AS.gOCIATION OF FORT PIERCE, a corporation organised and er5ating under the laws of the United States. whose address is 100 Soutd Second Street, For! Pierce, !rlorida 33.50 (herein "I,ender'q. wHS~ns Borrower is ~litsd~Lensl~r_ .SIXTEEN, THOUSAND AND NO 100----------- • ~ 6 , 0.00 ! the principal sum of . ~ . --------------Dollars. which indebtedness is evidenced by Borrower's note dated Oe~ober _ .1?~8b (herein "Note"), providing for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due and payable op . QCtQ4~1".1 Q , ,~QQQ, , , , , ToSsctnzsto 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 acoordanee herewith to protect We security of this Mortgage, and the performance of the covenants and agreements of Borrower herein'contained, and (b) the repayyment of any fntnre advances, with interest thereon, made to Borrower by Lender pursuant to paragraph 21 hereof (herein "Fature Advanoes'~, Borrower does hereby m age. grant and convey to Lender the following • described property located in the County of............ ~-4i~ig . State of Florida: Lot 10, and the West 7.5 feet of the vacated alley on the East side of said lot, Block "A" of SUZANNE PARK, according to the plat thereof on file in Plat Book 8- page 13, public records of St. Lucie County, Florida. D ~o~s The Mortgagors covenants with the Mortgagee the above described real property is not now nor has n ~ ~ it ever been the homestead of the mortgagors and g ~ n that they actually reside at: Alfred Davis, a ~ ~ ~ married adult resides at 508 North 23rd Street, „ ti = Fort Pierce, FL 33450. Martha Lee Robinson ° s formerly known as Martha Lee Stevens, a single ~ ° ~ ~ adult resides at: 1508 North 16th Street, Fort j Pierce, FL 33450. w~ 8y agreement of Mortgagor and Mortgagee on ~ ~a file with Mort a ee, g g the within mortgage ~ ~ secures not only an existing indebtedness, but ° also ADVANCES to be HEREAFTER made by Mortgagee ~T~,• 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** which has the address of....1508 A, I'~grth, 16th, Street.... Fort Pierce ~s~ cc~c,? . _ F1 on da 33450 • . • . , ,.(herein "Property Address"r ieute•.nu ~ caai... . ToGE'I'FIBRwith all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances, enta, royalties, mineral, oil and gas rights and profits, water, water rights, and water stock, and alt fixtures now or hereafter attached to the property, all of which, including replacement8 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 interee~~t in the Property: 800 3~ PAGE FLORIDA-i io a F~wity-Ens-FN1NA/FMt~MC uN~oreM INSTRUMENT INDIVIDUAL