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SU2899 ~ 22048001.. 7_
THIS INSTRUMENT WAS PREPARED 8Y:
CIT12ENf i[O[RAL fAVIHGf AND LOAN
. AffOC1AT10N OF fT. LUCIE COUNTY.
Ii00 f. F[DERAL HIGHWAY, FT. ~IERC[, FLORIDA
C. R. MCDONALO, JR.. GENERAL COYNf[L
RENEGOTIABLE RATE
MORTGAGE
(SHORT FORM)
THIS MORTGAGE is made this 25th day of Se tember
1980 ,between the Mortgagor, ELMER KREISER and BLANCHE KREISER, his wi e
(herein "Borrower"), and the Mortgagee,
CITIZENS FEDERAL SAVINGS AND LOAN ASSOCIATION OF ST. LUCIE COUNTY, a corporation
organized 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 TWENTY SEVEN THOUSAND
S i X HUNDRED DOLLARS AND NO/100-------------------- Dollars, which indebtedness is evidenced
by Borrower's note dated September 25, 19 0 (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 February 1 , 2011
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 112, Port St. Lucie, Section 27,
according to the plat thereof on file
as recorded in Plat Book 14, Page 5 A through I,
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.
0 F' . ~ s SS,oZO fIl PA ~"~~tIT Cf TAXES _ _ : _ _
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F:Lf2 P~IT.AS ~ ' } -
ClLnK G:cCU7T C4YnT, ST. W::IE CQ.. fLA.~If - _ • r 4 ~ 1
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which has the address of Azalea Street, Port St. Lucie, F1 33452 '
(herein "Property Address"); IiTREETi ICITYI
TOGETHER with aU the improvements now or hereafter erected on the property, and all ease-
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, incIudinq 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.
F1rOR1DA -SHORT FORM - / to 1 Falnltp - stl16 - FHLMC UNIFORM INSTRUMENT BOOK tY#O PaGEl~~s