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Home My WebLink About1963 ' • ' ' I MORTGAGE ~ ` ~ 1~6'~ S of S.a.l L~S n?t~ D 4~ tZ.as Lti n VC _ Sv S . che mortgag~or , in consideration of the principal auan apaified in the promissory note hereafter described, received from HOLIDAY OUT IN AMERICA AT ST. LUCIE, INC., a corporatian organiud and existiog under thc L.awa of the State oE Florida, the Mortgagee, hereby on this day of Q C'~ , 19.10~. mortgaga w tt?e Martgagee the real property in St Lucie County, Florida, dacribed as: ~~~?+o~n ~'~a?v ou Condominium Paroel: Block Lot of HOLIDAY OUT °ro~"` AT ST. LUCIE, a oondomiaium, aooordin to the Declaration of Condo- 1 ~ns~a 6~oc1~ Fktidv ~14J~ 8 minium thereof reoorded in Criiicial Reo~rd~ Book 168 at page 1348, of the Public Reaords of St Lucie County. Florida. Aa provid~d for by, tLe Condominium Act of the Statutes of the State of Florida, (Chapter 711, Florida Statuta, 1965 E~ Seq.) aaid desaiption in t6ia aonveyance includes, but is not limited w, all appurtenanoea to the oondominium parcxl above describcd, including the limit~ ooramon elementa aasigned thereto and including the undivided interest in the oommon element~ of aaid ~ndo- minium. THIS IS A PURCHASE MONEY MORTGAGE Aa aaurity for the payment of the promiasory note of wluc6 the following ia a aopy: ; L1oQO~y,x r`11~Am~ ~~c~1 ~ Florida, SX.'L..'~t3~ 1~f~ 19~. For Value Received, I, we or either of ua pramiae to pay w the order of HOLIDAY OUT IN AMERICA AT ST. LUCIE, INC.; at Poat Offioe Box 161, Stuart, Florida, or auy other place as e holder hereof may de.signate in writi~ the aum of ~ ~_._S~~ ~kLOV S ta tll~ O~L~.4 RS $ o % t incl int,ereat on the rincigal amount loaned, payable in ~ r~[ft~ t ~q~a} - aw~inatallmena of each, and che firac instatlment to beoome payable on the ~ day of Q~ m[i c W' -1 v~'rn o E~~ p~~ ~ one such inatallment to beo~me due and payable on t~ee E L~_~3__ day of ~s s~i ' cY.~~ r.otC ~e whole of aaid indebtedness is paid, with int~trest f~m St~~(~n,6~,2 1a1b6 On (LEO~t~n~ 4auntF at the rate of ~ per cent per annum after maturity. In the event of prepaymeat, a deduction fmm t6e amount due on aooount of unearned interest s6ai1 be aUowod. It is agretd that time is of the e.ssenae of this o~ntract and that in the event of default in payment of any installment for a period of thirty days the holdrr of this note may, at ita option, declaze all the samainder of the aaid debt due and aollcctible and any failure to exercise said option ahall not aonatitute a waiver of the right to exerciae the aame at aay other timt. In the event of default in papment of this note and if the aame is placed in the hands of an atwrney for oollection, I, we, or eithrr of ua agree to pay all coats of oollection, including a reaaonable attorne~a fee. In case payment ahall not be made at maturity, the makera, aureties and endoraers joindy and severally agree w any extensions or renewati without further notice, binding ourselvea for payment t6ereof, as if no e~ctensions ~ time or forbearaace of payment had been madt or granted. I, Nrc or each of us, a?Lether principal, xcurity, g~~wr, endoraer or other party hereto, agree to be joindy and acwerally bound. I or we, eac6 further'waive demand, protest and notice of demand, pratat and noa payio~eat duC DA(ES', t too.oo - OFC io~~e '~~oo.v.. ~~un~ ~o,~~ - • So~•oo - F~2lr~o~1.1 ~ tev-~~ - o?UC ~o .b1 i~ ^ ~$~I•~ a S~_po - MoR w,~.1 y f~ o 00 - S~?t lo, b'? ~SJ~v.? _ !~1~~0.1.1 y Sov.o~ -OCC to~6'~ / : (SF.AL) and agrea: 1. To make all payaients requind b~ tbat note and thia anortgage Prompdy when due. 2. To pay all taxea, ~ssas~onents, liena aad encumbranca on that property prompdy whrn ~ due. If thry are not promptly paid the lbiorcgagee may pay them wichout waiving the option to foreclose, and such paymenta, with interat t6ereoa from t6e date of payment at the aame rate as spe~cified in that note, ahall al:o be secured bp thia mortgag~e. 3. To oommit, peiani~ or a~er no ~+raue, impairment or deteriorati~ of the morcgagod P~P~1• - 4. To pay all expa~sa natonably ~ed by the Mortgagee baaiue of failun of the Morcgagor co cnmply wich ~he ag~~er,ama in tbac note or this mortgage, including reaaonable accornepss' #ees. T6e coa thrreof. wit6 int~ere:t thereon frotn the day of payment at the same ratc ~:pecificd 'm thit noce, shall ala be ~aured bs? tti» mortgage. eooK1 ~cfi~ ~ - - - - _ ~ ~ ~ ~ - - ~a-<:~-~ .