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Home My WebLink About0547 . 239'~;~0 THIS iNDENTURE. Msda the 6th day of October A.D. 19?? between Charles Coznelius and Patav Corneliu~,, ~i~'~;~_ of St. ~.i1Cle Counly Flwida, hereinaf~e~ desgnated as the "MORTGAGOR," and FIRST FEDERAI SAYlNGS AND IOAN ASSpCIAT10N Of FORT PIERCE, a caporatiw? wg+ni:ed and exiiting under ~he taws of the United S~atas of Ame~ic~ and Fwvinp iri principal pl~c~ of bviiness in the City of Port Pisrc~, S~. lucio County, Florida, hereinafter deii9nated ~i tl+e "MORTGAGEE." WHEREAS the MORTGAGOR is juitly indebted to the MORTGAGEE ~n the sum of t 1.3 ~OO. ~0 and lawful money of the Un;t~d Sfates sdvanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certa~n promissory note of even date herewith, of which the iollow~ng in words and figurls ii a fr~e copy, lo-wit: ;13a300.00 ~ 10018903 Fort Pierce. Florida, - OCtObeY 6 19~~ Far va!;;t rcc:r,a., v.r eF!hrr of _•s, ~om~~ ~y_ ,,,,;rl,o~,~ dwfalcatian, to ~he order of fIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FpRT PIfRCE at fwt Pierce, florida, the sum of S 13 ~ 30~ . 00 w;th inferest from date at the rate of 7• 7~',o pei annum, in monthly install- meros as fol!ows: 5143.00 on the1St day of _~cember . 19 72 and a like sum on the cwrcspond~ng day of each month there- afrer until the whole be fully paid. Each installment first shall be appl~ed in payment of the interest and +hen on tF~e unpaid balance of the princ:pal sum. If d ault is made In ihe payment of any installment when due, and such default continues 30 days, then at the option of the holder, and without any other ~wtice, all the remaining ~nstallments shall be due and payable at once. Privilege is given to p~epay lhis note in whole or in part at any time without penalty, Neithe? forebearance, nor acceptance by the holder thereof after a~y default in any payments hereon, shall be deemed eztension. A Iste payment charge of S 7• Z S .shall be added to each installment remaining urtpaid 7 days afler its due date, and a l;ke sum shall be added to each such installment remaining unpaid 7 days efter each succeeding payment date. Each maker, surety and endwser hereof, jointly and severally, waives demand, presentment protest and notice of protest for rwr+paymenf, snd funher agrees to any extension of time of payment, either beFore w affer maru~ity, without no~ice to any of us; and to pay all costs of collection, including a reasonable attorney's fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemption under t1~e con~titution and laws of each State of the United Sta~es, a~ against this obligation or any eatension w renewat hereof. Witness the hand and seal of each party. s/ Charles Cornelius (SEAI~ (SEAI) s/ Patsy Cornelius ~,u ( ~ Z 9' 9 5 ~ State Revenue ~u Esesm~as~noe~acbm~~~mtr> ~ NOW, THEREfORE, the MORTGAGOR for the r ng psy 13 s 300. ~O pu pose of secvri ment of said sum of = and the performance of ths covenants and agreements hereinafter expreued, and for divers good and valusble cons~deratia+s, by these presents, does grant, bargain, sell, remise, release, convey and confirm unto the MORTGAGEE, it~ successors and assigns, all that certain lot, piece or parcel of laod, sitvate, lying, and beirig in ths ~County of St. Lucie and State of Fbrida, dewibed ~s follows: That part of the South 395 feet of the North 890 feet of Lots 1 and 2, of J. I. KELLEM'S SUBDIVISION, as per plat thereof on file in P1at Book 3, at page 85, of the Public Records of St. Lucie County, Florida, described as follows: ~ Beginning at a point on the East side of a 60 foot street known as Oleander Avenue, said point being 30 feet East of the Section line and 110 feet South of the North line of above tract; from said point of beginning run North along the East line of Oleander Avenue 110 feet to a stake; thence East 653.15 feet to a stake at the NE corner of above tract; thence South 172.5 feet to a stake; thence West, parallei to the North line of the tract hereby described, 360 feet to a stake; thence lYorthwesterly to a point which is 110 feet South of the North line of above tract and 170.81 feet East of the point of beginning; thence West 170.81 feet to the point of beginning,~/ • . ~ . . . " STATE oF FLORiDA 1 ~ ~i DOCUMENTARYJ~ STAMP 1A~ ~ °c-~ DfPT.Of REYEHUE ~i~ • ' s.- - ~ _ ' c~. = ~ i?{. i i a ' . . ~ ..Z ~ Q ' I 9. 9 5 1 111 PATMEItT OF TAXfS ~ = +P oz ' I DIIE OR CIAS.S ~C' lI1TM618LE PE~RSbMAL ?~OPER(y, ° _ PURSIIANT TO CiIArTER 11•134. ACT'S OF 19I1.~, ~ cf . t,_...... - • • ROQER P'OITtW . CiFJr[ CI~CIlR ONlRT~ Sf. lUClt 00, Ft~ rogetlxr witb all a~d singulsr the tenementi, hereditaments +~nd sppurtances thereuoto belaging p in a~ywise apperfainirg the?efo, ~nd aR ~~nt~, issue~, proceeds ~nd profits accruing and to accrue from saFd premises, all of which sre inttuded in iM above and fwayoinp destriptan ~nd Mbendum. TO HAVE AND TO HOLD the above described and granted premises vMO the s+id MORTGAGEE, its suaessors ~nd auiyns forev~r. Md tM said their MORTGAGOR for heirs, executon, sdministr~to~t snd suigru, hereby covenanri with the said MORTGAGEE, iri successws ~nd ~ssiyrn, rhat ~=Q lawfulty seized of the said prem~ses in fee simple; that 1Fk same ~re fres, dear snd diuhsrqed f~om all liero and ~nc~m- brances in law or in equity, and thst t t1¢ V will u+d t hP 1 r heirs shall warnnt and defend the titk to the ~arn~ to th~ said MORTGAGEE, its succeuwt and auigns, forever ~gsinst the lawfvl claims end demands of ~II persoru; PROVIDEO, AtWAYS tMt if the MORTGAGOR shal! pay unto the MORTGAGfE the promiuory note hereinbefore described and shall truly, prompti~~., and fully perform, d~xharge, execute, compkte, comply with and abide by esch and evcry the stipulations, agreements, conditions ~nd covenan?s of said : promissory rate and of this 1Nortgage, then thii Mortgage and the Eitate hereby ueated tMtl cesse and be nvll ~nd wid. IT IS UNDERSTOOD that the wad "Morrgsgor" wherher in rhe si~gular or plural snywhere in thii Mo?tqage, sFull be sinyulu if on~ only and shall be plural jointly and severally if mae than one, and that the wwd "their" as u~ed anywhere in this Mortyage shall be t~ken to meen "his;' "hen," or "its;' wherever the context w impliet or admits. Also, that wherever there is • reference in the cover+anri and agreemenri herein tontained to any of the perties hereto, the same shall be constrved to me~n as well as the heirs, legal r~presentatives, tvccessors and assgro (either volunt~ry by acf of fh~ parties or involuntary by operation of the I~w) of the ssme and that the covenants herein containcd shall bind snd tF~e benefib aod ~dv~nta~q inun to the reipedive heirs, legsl reprexntatives, succe~wrs and au~gns of the perties hereto. And said Mwtgagon, fw themsetves and their heirs, legal ~eprescntatira, sutcessors ~nd ~uigns, hereby jointly and severalty covenaM and ayree to and with the said MORTGAGEE, its successors and auigns: 1. to pay all and singular the principat and intereit and the vsrious and sundry sums of money payable by virtue of said promiisory note, and thq mortgsge, each and every, promptly o~ the d~ys respectively fhe same severally betorr+e due. 2. To pay sll and singvlu the taxes, a:iesur~eny, lev~es, liabilitecs, obligstions and er?cumbr~nces of every ~atu~e and kind naw on uid de~vibed property, w th~t hereafter m~y be imposed, wffered, placed, levied, or suested thereon, or that hereafter mey be levied ot asse~sed vpon this Morty. sye, or the indebtedneu iecured hereby, ~ach and every, when d~e and payabte, sccording to I~w, before they become deli~quent, and befo~~ any 1nte~es~ at?acF~es or any pena~ty is inturred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SMAII BE PROMPTLY SAi15fIED AND DISCHARGEO OF RECORO AND THE ORtGINAI OFFICIAL DOCUMENI (SUCN A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfIC1ALLY ENOORSEQ OR CERTIFiED) SHALL BE PLACED IN THE HANOS OF SAID MORIGAGEE WITHIN TEN DAYS NEXT AF1ER PAYMENT; and in the event that any thereof is not paid, sat'sfied snd diuharged sa:d MORTGAGEE may at any time pay the same a any part thereof without waiving w affeding eny option, lien, eqvity or •iqht under w by virtue of this mortgage srx! the full amount of each and every iuch psyment shall be immed+arely due and ptyable and shall bear interest from the dete tlxreof until psid at rate of nine per centum per ann~m snd together w~th such interest shsll be secured by the lien of th;s morpta9e. °,~~2n7 y~L~ 5~'l ~r= _ - . _ re. x . -t ~ - ~.t,