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is i~u~e~t~v~ red b : :
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Aeaociation oi Mar~i Co~#~
~Ej;ZL~fi~ 989 South Fe er ghw
Stuart, Florida 33494
MORTGAGE ss?: Terri L. xurieyc~2000522(8)
THIS MORTGAGE is madc this 6th day oE Ap~
t9 ?7 , between the Mottgagor, WADE J. SANL~ERS and MICHEL.E P. SANDERS, ~iie~
wife (herein, "Botrowcr'~, and tht Mortgagee. First Fedtral Saviags and
Loan Association of Martia County, a rnrpocation organized and existing under the laws of the United
States of Araerica. whosc address is 989 South Federal Highway. Stuart, Ftorida (herein "Lendet"~.
WHEREAS, Borrower is indebted tp I.ender in the principat :um oE ~ENTY FOTJIi THOUSAND
AND NO 100ths---------------------'-Dollars. which indebtedneas is evidtnced by Aorrow-
er s note datcd A~ril 6th, 197? (herein "Note") . providing for monthly inswllments of prin•
ripa{ and interest, with tht balancc of the indebtedness, iE not soo~er paid. due and payable on
A~rilSth, 2002 :
To SECUxE to Lender (aj the rspayment of the indebtedness evider?ced by the Note, with interest
ehereon, che payment of all other sums. with intrrest thereon. advanced in accordance henwith to protect
che security of this Mortgage, and the perfotuiance of the rnvenants and agreements of Borrower herein
conwined, and (b) the repayment of any future advances, with interest thereon. made to Borrower by
L.ender pursuant to paragraph 21 hereof (herein "Future Advances") . Borrowtr does hereby mortgag~e.
grant and convey to I.ender the fotlowing described property tocated in the County of
St. Lucie , Scace of Florida:
Lot 2?, B1ock 48, BIVER PARK UNIT 5, according to the Plat
thereof as recorded in Plat Book i l, page 31 of the Public
Records of St. Lucie County, Florida.
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~ which has the address of 505 Sandia Drive Port St. Lucie
f [St~eatl • I~:i~rl •
~ Florida 33452 (herein "Property Address'~ :
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. TocErtiER with all che improvements now or hereafter erected on the property, and all eaatments. ~
riqhts, appurtenances, nnts, royalties, mineral~ oil and gas rights and profits, water, water rights, and ~
~ water stock, and all fixtures now or hereafter attached to the property. all of which, including replace• ~
` ments and additions thereto, shall be deemed co 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 refetted to as the "Property".
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! Aorrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right ~
3 to mortgage, grant and convey the Proprrcy, that ihe Ptoperty is unencumbered, and that Borrower will ~
k watrant and defend generally the title to the Property against all claims and demanda, subject to any ~
~ declaratioru, easements or restrictiona listed in a~heduie of acceptions to coverage in any title inaur- ;
ance policy insuring Lender'a interest in the Property. ~
~ pj~QjtjDA-1 co 4 Familr-6/73-FNMA/FHI.MC UNIFORM IN~I7tU1KENT •p~P ~ P~ t7~
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