HomeMy WebLinkAbout1786 - S04`796 ~ ~ ~
.FIRST FEDERAL SA~t,~s~ ~1'~I'3'J~LOAN ASSOCIATION
OF FORT PIERCE
CORRECTIVE MORTGAGE roan ~ 02-23077439
THB PROMISSORY NOTE SECURED BY THIS MORTGAGE CONTAINS RENEGOTIABLE INTSREBT
RATE PROVISIONS. THE INTEREST RATS AND MONTHLY PAYMENTS CALLED FOR BY RAID NOTE
ARS THUS SUBJECT TO ADJUSTMENT: .
THIS MORTGAGE is made this. .............~~h.................... of A1~9USt....................... ,
19 , betweea the Mortgagor..... ~Q~~~. ~ , . M4RAC~ .end . ~~.l.X . ~~~~..n~~ .~~f~ .
.............................................:.....(herein "Borrower"). and the Mortgagee, FIRST FEDERAL SAVINGS
AND LOAN ASSOCIATION OF FORT PIERCE, a corporation organised and e~riating under the laws of the United States. -
whose address is 100 South Second Street, Fort Pierce, Florida 334b0 (herein "Lender"). - - -
WHEREAS Borrower ~s indebted to der ' the cipal anm of SEVEI!I~Y-~IY~,;~H,O,t~~JQ ,A~Ip ,NO~~QQ---
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75a~OQr!~!!'.:''--.Dollars, which indebtedness ip evidenced by Borrower's -
note dated ..Al(9uSt, ~9~, 19$0, , , , , , , , , , m 'Note providing for monthly installments of principal and
interest~ with the balance of the indebtedness, if not sooner paid, or not sooner due for Borrower's failure to eaerciae renewal
options set forth therein, due and payable on September 10. 2010 -
TO SECURE 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 aooordanoe herewith to protect the security of this Mortgage, and the
performance of the covenants and agreem~ts of Borrower herein contained, and (b) the repayment of any fhtnre advances, -
with interest thereon, made to Borrower by Lender pursuant to paragraph 21 hereof (herein "Future Advanoes'~, Borrower
does hereby mo~gage, grant and convey to Lender the following described property located in the County of
- , St. Lucie State of Florida:
Lot 20, Block 3, HIDDEN RIVER SUBDIVISION, according to the plat thereof on file in Plat
Book 18, on pages _14 ~14a - 14b),of the public records of St. Lucie County, Florida. ?
By-agreement of Mortgagor and Mortgagee on file with the Mortgagee, the
within mortgage secures not only an existing indebtedness, but also ADVANCES
to 6e HEREAFTER made 6y 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 legal
description appearing in that certain mortgage dated August 29, 1980 and
recorded in 0. R. Book 337, on page 2649,-of the public records of St.
- Lucie County, Florida, and upon which-intangible tax has been paid as
evidenced 6y-receipt No. 548105. -
- Naas
atcQVEO tC~Reecrire m raTrmrt of sAxa - -
- DUE C~1 CU1tt 'C' INTAN6'S1E rERSCNAL rROtEOry~
PUfiSUAMi TO CHAPTER 71-124, ACTS Of ti71.
R06ER POITRAS -
Ct,EOx tAtCINT COrBT. iT. tpgE HA~~
which has the address of..... ,~42 Hidden River Drive . , ....:...Port St :.Lucie.. _ _ ,
Florida 33452
(herein "Property Address';
rseae..na zl, coa.? -
TOGETHER with all the improvements now or hereafter erected on We property. and all easements. rights, ,
appurtenances, yenta, royalties, mineral, od and gas rights and pro5ts, water, water rights, and water atoclc. and all 5ztures
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 progeny (or the leans
hold estate if this I+Iortgsge 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 Properly is unencumbered, and that Borrower will warrant and defend generally the title to
the Property against all claims and demands, eubjed to any declarations, easements or reat:idions listed in a schedule of
exceptions to coverage in any title insurance policy insuring Lender's interest in the Property. ~ .
F'LORI>)A • 1-1 FAi~tILY 7/80 ~ PA~~~~ LN t~3 RRM
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