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HomeMy WebLinkAbout1214)3' FIRST FEDERAL SAVINGS AND LOAN ASSOCIATtON OF FORT PIERCE ~166~6 CORRECTIVE MORTGAGE oz-23oa2a2, TNIS MOR1~(3A(iE u mads lst .. of . .. December .................. t9..$4.bet~raentheMortga~or, ~OSE~FI,~.,,JQN~S,I1N0, CFIERIE.I;:..~~~S~:h~S. Wff@ ......................... .... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (herein "Horrower"), and the Mort8a6es. FIR9T FSDERAI. SAVINGS AND LOAN A3.90CIATION OF P'OAT PIERC~, a oorporation organi~ed and euisting under the laws of the United 3tates. wdose address iu 100 Sontt~ Seoond 3treet, Fort Piervs, i~lorida 334b0 (he~rein "Leade~. wH~~ Borrower ia indebted~p Lender in th principal aum of . TWent~r _One_ Thousand. Five .Hundred ,and .....r10/ IUb--------------::.1~21 a.500,..QOg---:'.:-':.'. Dollars~ which indebtedness is evidenoed by Borrower's note dated . . . . . . . . . . . . . ~ecember . l.s . ~ 9~ . . . . . (6erein "Note'7. Providing for montWy installments of rincipa1 and interest. with the balanae of the indebtedness, if not sooner paid, due and payable on .. Dece~er. 1~~..2~~9.... ..... .............................................................: To SsCtrEts to Leade: (a) the repqyment of the indebteduess evidenoed by the Note, with interest the~reon. the pavment of all other ~ams„ wit6 interest theceon. advanoed in sooordaaos harewith to protect the security of thie Mort8a6e, and the performanae of the oove~sat~ and agreemeuts of Boaower herein o~ntained. and (b) the repayment of anq fntnre advaaoes, witb interest the~reon, made to Borro~vez by I.ender pu:ruent to ParaSrePh 21 hereoi (ha+cein "Fatnre Advanoes'~. Borro~ver doer henby ~ptort~euCi ~t and o~nvey to Leader the follo~ring.•deec~ribed propazty located in the Connty of ..... . . . . . . . . . .~ . . . . . . . . . . . . . . . . . . . . . . . .. 3tate of Florida: The East 374.87 feet of the East 394.87 feet of the North 2 of the North 330 feet of Lot 80, in Section 5, Township 36 South, Range 40 East, as per plat of White City, Florida, made by Franklin Sheen, Surveyor, and recorded in Plat 6ook 1, page 23, public records of St. Lucie County, Florida, subject to an easement for ingress and egress over and across the South 15 feet thereof reserved by Sellers, their heirs and assigns. 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 euqal 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 December l, 1980 and recor- ded in 0. R..Book 344, page 386, public records of St. Lucie County, Florida, and upon which intangible tax has been paid as evidenced by receipt No. 549682. ~o~c ~c~e fC~, ge~criJ~ IN MYIIEIIT OF TIU~t aUE ON CIASt 'C INTAM61dLE rERSONAI MlQPEtTY. FURSii11MT TO t MAP~Ei 71-13~{, ACTt OF N71. p06Ep POITRAS Ct~it1l q1GINT COMT. iT. LYG~ ~. fl~.~~. which has the addreas of........,Rt. 4, Box 125-2 Jorgensen Road Fort Pierce ~ .................................... ~c~~ ... ... , Fl or.i da 33450 ., .m~~n "Property Address"r is~.k.:: ~:cAa:-' TbGE7'HERwith all the improvements now or hereafter erected on the property, and all eseementa. righte. appurtenancee, renta. royaltiea, mineral, oil and gas rights and pmfite. watet. water rights. and water stock, and all fixtnree now or hereafter attached to the property. all of which. including replacementa and additions thereto, ehall be deemed to be and remain a part of the pmperty aovered by thia Mortgage; and all of the loregoing, together with said pmperty (or the leaeehold estate if thie Mortgage ia on a leaaehold} are herein referred to as the "Property." _ Borrower cavenanta that Borrower ia lawfully seize~ of the estate hereby oonveyed and has the right to mortgage. grant and oonyey the Property. that the Property ie nnencumbered, and that Borrower will warrant and defend generally the title to the Property against all claime and demanda. aubject to any declarations, easemente or reatrictione list~ed in a schedule of esceptions to ooverage in any title insnrance policy inanring Lender's intereat in the Propeity: Bi)!IXJ~~ Pd1~1214 FLORIDA-l ~0 1 F~wt~r-6/75-iNMA/FN~MC UNIFORM NtSTR1JMEM INDIVIDUAL x .f~ ~.~ , ~; ';' ~- ~ ..~ro~~~im'.YYSc: ?~'~~ x~: . ... - ~