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• THIS INSTRUMENT IkAS PREPARED 8Y:
CIT12ENi FEDERAL iAVINGi AND LOAN
AfiOC1ATION OF iT. LUCIE COYNTY
22087011 /~(~Q363 1000 i. FEDERAL NIONWAY, FT. TIERCE. FLORIDA
C. R. MCOONALO, JR., GENERAL COUNiCL
• RENEGOTIABLE: RATE
MORTGAGE
(SHORT FORM)
THIS MORTGAGE is made this 5th ~y of September
19 80 ,between the Mortgagor, Harland W. Sanders and Edith Sanders, his wife .
(herein "Borrower"), and the Mortgagee,
CITIZENS FEDERAL SAVINGS AND LOAN ASSOCIATION OF ST. LUCIE COUNTY, a corporation
organised and existing under the laws of the United States of America, whose address is 1600 South Fed-
eral Highway, CIty of Fort Pierce, County of St. Lucie, State of Florida, (herein "Lender").
WHEREAS, Borrower is indebted to Lender in the principal sum of 'rn i rty Seven Thousand
and No/00-------------------------------------------DoDars, which indebtedness is evidenced
by Borrower's note dated ~ (herein "Note"), providing for monthly
installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due and pay-
able on October 1, 2010
TO SECURE to Lender (a) the repayment of the indebtedness evidenced by the Note with interest
thereon; (b) the payment of all other sums, with interest thereon, advanced in accordance herewith to
protect the security of this Mortgage; (c) the performance of the covenants and agreements of Borrower
herein contained; (d) the performance of the covenants and agreements incorporated by reference hereinto; -
and (e) the repayment of any future advances, with interest thereon, made to Borrower by Lender pur-
suant to~ paragraph. 21 hereof or incorporated by reference hereinto (herein "Future Advances"), Borrower
does hereby mortgage, grant and convey to Lender the following described property located in the County
of St . Lucie State of Florida:.
Lot 2, Block 1590, PORT ST. LUCIE, SECTION 23, according to
the plat thereof as recorded in Plat Book 13, Page 29A through
D, of the Public Records of St. Lucie County, Florida.
The PROMISSORY NOTE secured by this MORTGAGE contains renegotiable
interest rate provisions. The INTEREST RATE .and MONTHLY PAYMENTS _
called for by said Note are thus subject to adjustment.
71f o0
~VEn : fll PAYURfI'fT Of TAXES
S QUE CV CLASS 'C IKTR.~G:aIE PraS?.'t si P'G?EicTY,
PU.:~~.~Il T~ il{;:?T~~t 71-~=:4, ACTS OF 19Ii.
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CLEAK Ga:.IpT 6ItYRT,-tT. IUpE CO., F1~$ ~ ' 1
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E,7 DOC_UME_NTA_kY,i~'.:::.. STA~~/lE°__t, ? ~
a~ P.B. sp,~
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which has the address of 2573 S.W. Savona Blvd.. Port St. Lucie, Florida X3452
~ (herein "Property Address"~; IiTREET) (CITY)
TOGETHER with all the improvements now or hereafter erected on the property, and all ease-
l ments, rights, appurtenances, rents, 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 replacements
.and additions thereto, shall be deemed to be and remain a part of the property covered by this Mortgage;
and all the foregoing, together with said property (or the leasehold estate if this Mortgage is on a lease-
; hold) are herein referred to as the "Property".
Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right
to mortgage, grant and convey the Property, that the Property is unencumbered, and that Borrower will
warrant and defend generally the title to the Property against all claims and demands, subject to any declar-
ations, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy
insuring Lender's interest in the Property.
FLORIDA -SHORT FORM - 1 to 4 Family - S/76 - FHLMC UNIFORM INSTRUMENT '
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