HomeMy WebLinkAbout1122FIRST F'EDERAL SAVINGS AND l,OAN ASSOCIATION ~3
~JON t
Ifi.'FIyED ~ ~Q~R~//~IN PA`'-.!'NT QF TRXES
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t~:4~3 P.It R.
CL:itK q~U11T COtBT. ST. LU..IE C0. FtII~~IIt•
OF FORT PIERCE
CORRECTIVE
MORTGAGE
518209
01-23086851
THIS MOR'1'(3AGE u msde this . . . . . . . . . 11 th . . . . . . . . . . . . ... . . . . .. . de~y of . ... . . . F~~!"4~Y'Jl .. .. . . . . . . . . . . . . . . . .
is. .$~ , ~n w~ Mo~~gor. . ..Gl..YOE. .CRQU~FI . and. SANARA .CRAUCH.. hi s. .wi fe, . . . . . . . . . .... . . . . . . . . . .. . . .. . . .
. . . . . . . .. . . . . . . . . . . . . . . . . . ... . . . . .. . . . . . . . . . . .. . . (herein "8orrower"). and the Mortgagee. FIR3T FEDERAL 3AVING3
AND LOAN A3SOCU1'ION OF FORT PIEACE, a oorporation organiaed and e:iating under the laws of the United 3tates,
whwe addrees is 100 3ouw 3econd 3tiree~ Fort Pieroe, r'lorida 33450 (henin "Lender'~.
WHSEt~s, Borrower debted to nder in the principal sum ofTWENTY-EIGHT, THQUSAND, AND, NQ/100-------
--_ ~-------------- ~~L8,,000.00~-------------------Dollars. which indebtedness is evidenoed by Borrower'e
note dated . . . . . ~~kruarx . ~ ~. ~ . ~ ~~1 . . . . . . . . . . . . . (herein "Note"). Providing for monthly installments of rincipal and
interesk with the balanoe of the indebtedneas. if not eooner paid. due and payable on .. AP.rI l, , 20 ~,~010 ........
ToSgCtrngto Lendar (a) the repayment of the indebtedneea evidenoed by the Note. with interesL theTeon. the pavment of all
other sums, with int~erest thereon, advanaed in aoo~rdanoe h~rewith to protect the security of this Mortgage, and the
performanoe of the oovenants and agreements of Borrower hezein oontained, and (b) the repqyment of any future advanoe~.
with intenst thereon, made to Borrower by I.eade~ pnreuant to ParagraPh 21 h~eof (hezeir- "F~tnre Advanoes")~ Borrower
does hereby mortg~~ Qrant and oonvey to I.ender the following • deecxibed propezty located in the County
LUC1@
of . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . State of Florida
A tract of land lying in the Southwest 1/4 of the Southeast 1/4 of Section 13,
Township 35 South, Range 38 East, St. Lucie County, Florida, more particularly
described as follows:
Comnencing at the Northeast corner of the Southwest 1/4 of the Southeast 1/4 of
Section 13, Township 35 South, Range 38 East, said point lying on the center line
of Trowbridge Road and being further identified as lying 25 feet Easterly of a
lightwood post bearing North 89 degrees, 23 minutes, 4 seconds west (Trowbridge
Road is assumed to bear North); thence run South along the center line of
Trowbridge Road a distance of 540.51 feet to a point; thence run West a distance
of 30 feet to a point on the West right-of-way line of Trowbridge Road, said
point being the Point of Beginning.
From the Point of Beginning, run South along said right-of-way line of Trowbridge
Road a distance of 159.0 feet to a point; thence run West a distance of 608.93
feet to a point; thence run North a distance of 159.0 feet to a point; thence run
East 608.93 feet-to a Point of Beginning.
.,
This is a corrective mortgage designed to correct an erroneous legal description appearing
in that certain mortgage dated February 11, 1981 and recorded in 0. R. Book 348, page
1548, of the Public Records of St. Lucie County, Florida, and upon which intangible tax has
been paid as evidenced by Receipt No. 140143.
By agreement oF Mortgagor and Mortgagee on file
with Mortgagee, the within mortgage secures not
only an existing indebtedness, but also ADVANCES
to be HEREAFTER made by Mortgagee to Mortgagor
the aggregate of which will equal the principal
amount specified in the promissory note secured
hereby.
which has the addrees of... Trowbridge Road ................................Fort Pierce ....................... .
. . . . . . . ~sa..a ' ~c;~,~ ,
Fl ori da 33450 . ,,~herein '•Property Addrees"r
l8tab aou~73P Cou.r
ToGE7'tiERwith all the unprovementa now or hereafter erected on the property. and all easementa, rights, appurtenanoee,
rents, royaltiee. mineral. oil and gae righta and pmfita. water. water righte. and water atock. and all fixturea now or hereafter
attached to the property, all of which, including replacements and additione thereto, ehall be deemed to be and remain a part of
the property rnvered by thie Mortgage; and all of the foregoing, together with said property (or the leasehold eatate if thie
Mortgage is on a leasehold) are herein referred to se the "Property."
Borrower oovenants that Borrower ia lawfully aeized of the e8tatc hereby conveyed and hae the right to mortgage. grant and
oonvey the Property, that the Propetty is unencumbered, and that Borrower will warrant and defend generally the title to the
Property againat all claima and demanda, eubject to any declarations, easementa or restrictiona liated in a schedule of
exceptione to ooverage in any title insurance policy inauring I.ender's intereet in the Property.
6t1~K349 Pa~Ei12~
~ FLORIDA-~ TO 4 F~witr-6l75-FNMA/FH~MC UNIFORM INSTitUME1R ST. LtfCIE COU~i~TY INDIVIDUAL
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