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Home My WebLink About1546 . . . ~ ~ MORT~GAGE ~ ~1~~3~5Q,3 ~ . ~ ~ t - c~v' %t'•~,~e l~ tr feQw.: l~~ s lv,~/~ ~ , ~ the mortgag~r , in consideration of the pri4cipal aum apecifitd in the promissury note ~ hrreaftet describcd, rcceived from HOLIDAY OUT 1N AMERICA AT ST. LUCIE, INC., ~ ~ o~rporation o iud and exiating un~f the Lawa of the Sts~u of Florida, the Mortg~get, hereby ; on this __,,L~day of _~L~_.______, 19~, mortg~ges to the Mortgagee the real ~ > pmperty in S~ Lucie County, Florida, deacribod as: ; Condominiuam P-..roel: Block Lot of HOLIDAY OUT ~ AT ST. LUC1E, a oondominium, aooording to the Decluatian oE Condo- ' ~ minium therswf rooor~ed in Official Reoorda Book 168 at page 1$4$, of ' ~ the Public Rc~otda of St Luci~ County, Florida. Aa provided for by the ' Condominium Act of the Scatutea of the State of Florida, ((~apter 711, Florida Statuta, 1965 E~ Seq.) aaid des~xiption ia thi= aonveyanoe includa, but ~ not limited to, all appurtenancxa w the oondominium paroel above ~ described, including the limited oomumon elementa a~signed therew and ` including the undivided intereat in the common eleanen~ of aaid ooudo- miaium. THIS IS A PURCHASE MONEY MORTGAGE As aocurity for the payment of the promissory note of wbich the following ia a qOP7~ b ; S ST'~.asT, glorida, ~e.~ / 9 , 19~ For Value Received, I, we or either of ua promise to pay w the order of HOLIDAY OUT IN AMERICA AT ST. LUCIE, INC., at Poat Office Boa 161 tuart, orida, ~r ~y ot6~ pl~aoe~ as the lder hereof y deaignate in writing, the sum af ~ 1,~ir~ •~T~ ~ llara, which includes ianereat oa the princ~a~ amount loanad, PaTable in (fL~ equal oonsecutive monthly inatallmmta of ~ d'to• ~ 4 eac6, and the firu inatallment to boo~me payable on the day of ~ ~ , 19_~ and one auch installmeat w beoome due and payable on the ~ day of each auooeeding month until the whole of aaid indebt,edneaa is paid, with interest from ~ at the nte per cent per annum aha~ maturity. ` In th~ event of prepa'me~nt, a deduction from the amouat due on aoo~uat of uneaznad I int,erat ahall be allo~ved. It is agreed that time is of the essenoe of thia contract and that in the eveat of deEault in payment of any installment for a period of thirty daya the holder of this note may, at itt option, I declare all the remainder of t6e aaid debt due and oollectible and any failure to exerciae aaid ' ~ option ahall not o~natitute a waiver of the right w exerciae the same at any othrr time. In the evmt of default in payment of t6is note and if the aame is placed in the hauds of aa auorney for aollection, I, we, or either of us agree to pay all coats of aollection, including a reasonable atoorae~t fee. In case paymeat ahall not be made at maturity, t6e malcen, sureties and endorsera jointly and severallq agrer_ w any extenaions or renewala witLout furt6er notice, bind.ing ouraelves for paymeat thereof, as if no exta~siona of time or forbearanoe of payment had been made or gra~t,ed. - I, we or each of ua, whethrr principal, security, guaraator, a?doraer or other party hereto, agree to be joindy and aeverally bound. I or we, each furthrr waive drmand, proteat and notia n,:: ina~ P='O~ and non payment~ MOIIQAY qJT P. O. Drowr ~17 ~`S~j'~ : v~n bwcly Florido ~ a/ ~ ~ (SEAL) and agrea: • 1. To make all payments rcquirod by tbat note and this mortgage prompdy when due. 2. To pay aU taxea, aa3aamaita, liena and encumbru~cea on that P~P~Y Pt'Ompdy wheu_ due. If the' are not promptly paid t6e Mortgagee may paY them without waiving the option to " foredose, and :uch paymmts, with intrrat t6ereon from the dace of pannent at t6e same rate ~ specified ia that note, :hall also be aecund bp thi: mortgage. 3. To oommit, permit, or suffer no wr~te, imp~irment or detrrioration of t6e mortgaged P~P~1• ; ~ 4. To pa~ all acpenses ~abiy incutred by the Mortgagee beauae oE failure of tbe Mortgaget to oomply with the agreemenn in that note or thia mortgag~e, including raaonable accomey~' fees. T6e ooat thrreof, with interest tharon fi+om c6e day of pajrmmt at the s~me sate ~ spedfiad 'm that note, ahall ala be iecured by tb.ia mortgage. ~ ~ - _ - - ~ _ . ~ ~ _ ~ ~ ,s,,. ~ .