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Home My WebLink About1967 ~ ~ 1,~6636 , ~ , MORTGAGE John Hansel, Jr. , 3?29 EBtee Avenue, Naehville,s Tenneasee , the mortgagor , in conaideration of the psincipal aum specified in the pmmiasory note hereafter deacribed, received from HOLIDAY OUT IN AMERICA AT ST. LUCIE, INC., a eorporaaon organiud and exiating under the Laws of the Stace of Florida, the Mortgagee. hereby on tLi: day oE , 1968 , mortgaga to the Mortgagee the real property in St Lucie County, Florida, dacribed as: o~uT'~ a Condominium Paroel: Block ,A,... , Lot I-30-_ ~ HOLIDAY OUT P. o. °rowi AT ST. LUCIE, a oondominium, aooording to t6e Dcclaratioa of Cond~o- ~.ru+~? ~.oa~ ~aa u~ minium t6ereof reaorded in Official Reoords Book 168 at page 1348, of the Public Reoords of St Lucie County, Florida. Aa provid~d for by the Condominium Act of the Statutea of the State of Florida, (Ct~pter 71I, Florida Statuta, 1965 EG Seq.) aaid deacription in this o~aveyance iacludea, but ia not limited w, all appurtenances to t6e oondominium paroel above desaribed, including the limited c~ommoa elementa aaaigned therew and including the undivided ineereat in the oommon elementa of aaid oondo- ~niniua4. THIS IS A PURCHASE MONEY MORTGAGE As aecurity for the papmant of the promiasory note of whidi t6e following u a oopy: ~ 4, 549. 80 Sluart , gl~, Avri124 , 19 68 For Value Received, I, we or eithar of us promise w pay to the order of HOLIDAY OUT IN AMERICA AT ST. LUCIE, INC., at Post Offiae Box 161, Stuart, Florida, or aay other place aa c6e holder henof may deaignate in wricing, the aum of Fwr Thoueand Five Hundred and Forty Nine and 80/100 `y~~ on the principal amount loaned, paqable in 60 ~qual oonaecutive monthiy inatallments of ; ?5.83 each, and the_ firat installment to beoome payable on the lst ~ June , 19 68 , and ' one auch installment to become due and payable on the lst ~y ~~~~g month until the whole of said indebtodneas ia paid, with intereat from 1988 at the nte of per cent per annum afttt maturity. In the event of prepayment, a deduction fran the amount due on a~ount of uneained intereat ahall be allowod. ; It ia agre~d t6at time is of the esaenoe of thia contract and that in the event of default in f payment of any inatallment for a ptriod of thirty daya the 6oldtr of this note may, at its option, ~ declare all the remainder of the said debt due and collectible and anq failure to exercise said option shall not aonatitute a waiver of the right to ncrrciae the same at any other time. In the evwt of deEault in payment of thia note and if the aame is placed in the hands of aa auomey for ~ collection, I, we, or either of us agree w pay all costa of oollection, including a reasonable attorne~s ~ ~ fee. In case pa'ment shall not be made at matnrity, the makera, sunties and eadot~seia jointly and ~ sevrrally agree to any eactenaions or rentwals wit6aut further notice, binding ourselvea for payment thtreof, aa if no extensio~ of time or forbearanoe of payment had been made or granted. I, we or each of ua, whether principal, security, guarautor, endoraer or other party hento, agree to be joindy and aever.~lly bound. I or we, eac6 further waive demand, pmteat and notice ` of demand, proteat and noa paymea~ John Hansel~ Jr_ ~$g,Ai,~ s/ (SEAL) ~ and ag~+ea. ~ l. To make all payrmenta required b' that note and this mortgage promptly when due. ~ Y. To Pay aU taxa, a~o~entt, liefls md encumManca on that P''~P~~' Prompdy whea due. If theyr are aot prompdy paid the Mortgsgee may pay thcm without waiving the option to s foretlose. and such paymmts, wit6 interat thereon from the date oE payment at the same rate aa apc~cified in t6at note, ~hall aLo be tecur~d by thi: mortgage. 3. To oo~nmit, ptrmi~ or ~ffer no ~ra:te, impairmeat or deteriontion of t6e mortgaged ~ p~~. ~ 4. To pay all expensa rea~onably incvrred by the Mortgagee bocause of failun of the ` Morcgagor w ~ornply with the agraments in that note or th~ mortgage. including reasonable atcornrys' fe~a. T6e ooa thereof, ~?ith intrreu thereon from t6e da~ of payment at the same rate as speciEied in that note, shall aLo be ~ocured by this mortgage. , eocK 1~ FAGf 1~ r~~~; ~ ~ , _ - _ . _ _ ~ , ~ ~ ~ ~ _ . ~ ~ ~ ~ . ~ -