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Tbis it3atrument was prepared by:
~a.~.+tda . Dulc~ .
MORTGAGE
THIS MORTGAGE is made this...........18th .............day of........Febrnacy...........,
19.80., between the Mortgagor, .....Walter .E.. Sanders. and .BeatrirAe .E.. Sanders,. his .wife... .
. . . . . . . . . . . . . . (herein "Borrower"), and the Mortgagee, ...GAY. F~.nancial. .
..Cortecation a corporation organized and
existing under the laws of .....the . Stdt.~ .af . F1Qx.ida .whose address is ...1111. ,~atittt... .
Bai?shore . Drive... Miami.. Florida ..3313.1 (herein "Lender"
V~'HEREAS, Borrower is indebted to lender in the principal sum of FQ.rty . TholL~dtld . Threes .Huadred •
....stud .No/10A~-------------------------'--'~Ilars, which indebtedness is evidenced by Borrower's
note dated.. February .18,.198~Q .....(herein "Note"), providing for monthly installments of principal and
interest, with tl:= balance of the indebtedness, if not sooner paid, due and payable on .....Match .1.. 2Q09 .
To Sr^r:~.e to Lender (a) the repayment of the indebtedness widenccd by the Notc, with interest thereon, the
payment ~ c •_+i ~t`~er sums, with interest thereon, advanced in accordance herewith to protect the security of this
Mortgage, : :J the performance of the covenants and agrecmentc u[ Borrower herein contained, and (b) the repayment
of any futu~: advances, with inten~st thereon, made to Borrower by Lender pursuant to paragraph 21 hereof (herein
"Future Aar a'"), Borrower does hereby mortgage, grant and ronvcy to Lender the following described property
located in the C~t!nty of....... St* _ Lucie . . . . . .State of Florida:
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Lot 2 Block 3320 FIRST REPEAT OF PORT ST. LUCIE
SECTION 42, a Subdivision according to the Plat
thereof, recorded in Plat Book 18, Page 18J, of
the Public Records of St. Lucie County, Florida,
Recehrsd S ~ In Payment Of Tattee
~ Due On Class "C" Intangible PersonatgreppN
•
~ ~ ~ - . ~ - Pursusnt To Ct?apter 71, 134, Acts Q/1p71~
4 1.
ROGER POITRAS
r
_ ~ Clar>< Chcuit Court. St. Lucie, CO.,
293 S W Brid a rt Drive ,•_,__.Port.St.,_Lucie...__,_.
which ha_ti the address of _ . r . r ......4 . po........... .
(Street] (City]
Florida.. 33452 • _ . _ .(herein "Property Address");
(Stste and Lp Co]e]
Toe: Tt+eR with all t?~e imprnvcments now car hereafter erected on the property, and all easements, rights,
appurtenances, rentc, royal!ics, mineral, oil and g;~ti rights and profits, water, water rights, and water stock, and all
fixtures now or hereafter attached to the property, all of which, including replacements and additions thereto, shall be
deemed to be and amain a part of the property covered by this Mortgage; and all of the foregoing, together with said
property (o. the leasehold estate if this Mortgage is on a leasehold) arc herein referred to as the "Property". `
Borrower covenants that Borrower is lawfully seised of the state hereby conveyed and has the right to mortgage,
,rant and convey the Property, that the Property is unencumtxred, anJ that Borrower will warrant and defend
generally the title to the Property against all claims and demands, subject to any declarations, casements or restrictions
listed in a schedule of exceptions to coverage in any title insurance policy insuring Lender's interest in the Property.
fIORIDA-1 to+Famdp-6115-FNMAIFNIMC UNIFORM INSTRUMENT
RonK327 p~cE1040
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