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HomeMy WebLinkAbout1260~~ FIRST FEDERAL SAYINGS AND LOAN ASSOCIATION I '~~ 1 S IS A 6ALLOON MORTGAGE AND THE FIr~~, FQRT PIERCE ";;'tMENT OR THE BALANCE DUE, UPON MATU+t. 5~1~~•7 ~T~' IS $6,487.20 TOGETHER WITH ACCRUED ;'1TEREST IF ANY AND ALL AOVANCEhENTS MADE B1~ORRECTIVE 'i;E MORTGAGEE UNDER TNE TERMS OF THIS MORTGAGE 10-23089178 `'~~ uT GAGE . THI3 MOR1Y'AGE is made this . . . . . . . , . ~.~th . day of . . . . . . . . ,Mar,Ch . . . . . . .. . .. is. 81 ~ between the Mortgagor, . . . . . . Fernando . Roberto .and . Luz_ ,D: , Rqb~rto,, hi s ,wi,fe . . . . . . . . . . . . . . . . . . . . . • • • • • • • • • - • - • - • . • . . . . . _ . . . . . . . . . . . . . . . . . . . . . . . . . . (herein "Borrower"), and the Mortgagee, FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a corporation orqanized and exieting under the laws of the United Statee, whoae addreae ie 100 South Second Stree~ P'ort Fierce. r~lorida 33450 (hetein "I,ender"). W HEREA3 ~ Borrowe~r~ indebted t Lender in the' principal sum of .. TWel.ve, Thousand. and _No/ 100------ ~ 12 ~ 000. 00~ - Dollare, which indebtednesa ie evidenced by Borrower's note dated .. . . . March, .13.~ ,1981, , , , , , , , , , , , , , , , (herein "Note"). providing for monthly installments of principal and intere~t, with the balance of the indebtedness, if not aooner paid, due and payable on ... Md!'c,t~ ,~0, . 1986 ..................................................................: ToSECt-itEto Lender (a) the repayment of the indebtednese evidenced by the Note, with intereat thereon~ the pavment of all other aums. with interest thereon, advanced in accordance herewith to protect the aecurity of thie Mortgage, and the performance of the oovenante and agreemente of Borrower herein oontained. and (b) the repayment of eny future advances~ with intereet thereon, made to Borrower by Lender pursuant to paragraph 21 hereof (herein "F~ture Advancee")~ Borrower does hereby mortgage, grant and convey to Lender the following •deacribed property located in the County of ............. St.. Lucie................. . Stateof Florida: Lc~ 1, Block 472, PORT ST. LUCIE SECTIQN 26, according to the plat thereof as recorded in Plat Book 14, page 4, 4A thru 4G,public records of St. Lucie County, Florida. ., . By agreement of Mortgagor and Mortgagee on file with Mortgagee, the within mortgage secures not only an existing indebtedness, but also ADVANCES to he HEREAFTER made by Mortgagee to Mortgagor the aggregate of which will equal the principal amount specified in the promissory note secured hereby. This is a corrective mortgage desicned to correct an iirproper execution by the atterney in fact in that certain mortgage date~ March 13 , 1981 and recorded in 0. R. Book 3S~ at ;'age 418 , of the public re~orc~s of St. Lucie County, Florida, and upon which intangible tax has been paid as evidenced by receipt No. 521240 ~,`'~~ ~ ~~ Receivc±d 3 ~~~_~ PaymAn~ ~r ?r,raS Ove On Ctess "C" Int~ngibte Peru~~a~ ~- -~'ti p~~suanl To Cheptet 71, 134. A~i~ O' '~' ~' ROGER POITRr~S ~~-,~~ ~ ~,~e~s C~-cuit Court, St. Lucie, Co., F:a. which hae the addreas of..........Corner of Midvale Street..~:td Floresta Port St. Lucie Istreeer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .ICity) . . . . . . . . . . . . . . . . . . . . ..E1.QCi.dd...3~45z ......(herein "Property Address"); iSUte ~nA 7~p Codel Toc;FTHe.Rwith all fhe 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 atock, and all fiatures now or hereafter attached to the property, all of which, inclu~iing replacements and additions thereto, shall be deemed to be and remain a part of the property covered by this Mortgage; and ail of the foregoinq, together with said property (or the leasehold estate if this ~tortgage is on a leasehold) are herein referred to as the "Property." Borrower covenanta t}:ai Borrower is lawfully seized of the estate hereb~~ conveyed and has the right to mortgaqe, grant and convey the Properiy, that the Property is unencumbered, and that Borrower wi11 warrant and defend generally the title to the Property against ail ciaims and demands, subject to any declarations, easements or restrictions listed in a schedule of exceptions to coverage in any titie insurance policy insurinR I,ender's interest in the Property. FLORIDA-i TO 4 F~wilr-6/75-FNMA/FHLMC UNIFORM INSTRUMENT L~:`.~ P~E125? INDIVIDUAL '~~351