HomeMy WebLinkAbout2489 , , ~ . ~
MORTGAGE 18b'?'3~.
> ~
(Kr Thendore C~ S odina ~ Gra~@,.ya.$j~~,~,#q. His Wife ,
.
~
t6e mortgagor , in consideration of the principat aum apecified in the promiaaory note
hereaftrr desaibed, t~eoeived firom HOLIDAY OUT IN AMERICA AT ST. LUCIE, INC., a
corporatian org~wized and existin~ under the Lawa of the State af Florida, t6e Mortgagee, hereby ;
on this 1~ day of _AjL.il , 19~., mortgagts to the Mortgagee t6e ra~l
property in S~ Lucie County, Florida, describod aa: :
f
Condominium Paral: Block Lot /-..1~ of HOLIDAY OUT ~
AT ST. LUCIE, a oondominium, aaoording to the Dcclaradon of Condo-
y minium thereof rooorded in Official Reeor~ Book 168 at page 1348, of
tLe Public Reoords of St Lucie County, Florida. Aa providal for by th~
k~ ~ Condominiuin Act of th~ Statutea of the State of Florida, (Chapttr 711,
Florida Statutes, 1965 E~ Seq.) said desaiption in thia oonveyanoe includes,
but is not limited to, all appurtcnancxs ~o the ~ondominium paroel above
descxibed, includ.ing the limited cammon elemeata assiguod therew and
including the undivided intrrest in t6e o~mmon elements of said ooudo-
miniu~n. ~
7}-:'; ir.strusner+t ?reporOd br
HJl~OAY OUT THIS IS A PURCHASE MONEY MORTGAGE
P. O. ~rarK 847
~E-"`' s`~", fE°`~ ~ri for the ent of the romisso note of wlucb t6e follow' is a ao .
enry p~ ~Y Pal~ P ~8 PY'
~^le~ At#~t. S~ 199.60 Jensen Beach Florida ~ g~ April 17 ~ lg 69 ,
For Value Received, I, we or eithtr of us promiae w pay to the order of HOLIDAY OUT
IN AMERICA AT ST. LUCIE, INC., at Poat Offiae Bo~c 161. Stuart, Florida, or auy other plaoe
as the holder hercof may designace in writing, the wm o~R;•,p ~eoL~A.+a c~e H~araci~*+a
..N.i3l~~Y-Nine 60/~Q~, which includa int~ereat on the principal amount lo~aaed, Payabie in
bo ~quai oonseeutive monthly iaawllmma af ; eac6, and the firat
instalLnent to beoQme payable on the day of June , 19
6-9 and
one such inuallment w booome due and payable on the day of ach suoceeding month
until the whole ~ said indebtedaeaa is paid, wit6 intrrest from _ Juee 5~ 1469
' at the nte of 6 ptr cent per annum aftet maturity.
I
'i In the event of ptrpayment, a dcduction from the amount due on aooouat of uneuntd
~ intertu shall be allowed.
~
~ It is agreed that time is of tht asanoe oE tt?~ contract and that in the eveat of defiult in
~ payment of anq installmeat for a period of t6irty dan the holder of this not~ may, at its option,
~ dcclire all the mnainder of the sud debt due and rnil~ctible and any failure to exercise said
option ~all not a~natitute a waiver of tht right to exc=ri~e the same at anY ot6c~r time. In the
~ event of default ia payment of thi: note and if the ~ame is plaad in the hand: of an auornejr for
oollection, I. we. or eit6er oE us agree w pay all cous of oollection, including a reasonable attorne~a
fee. In case payment shali not be m~e at maturity. the maken, sunties and endoraers jointlr and
~rvenlly agree to any excensiona or renrwals ~rithout further nocice, biudi.ng ourselva for payment
thtrcof. ~s iE no exte~ioas of time or fo~ oE payment !~d been made or granted.
~ I, wt ar each of us, vvhether principul, ~eeurity. guannwr. endorser or ot6er party 6ereto.
~ agree to be joindy aad severallr bound. I or ave. each further waive demand, protest aad notioe
oE demand, proteu and nan-pa~mw~
~ i~~RF C. ~1t1DIH~ ~s~.~
~ s/ -6RACE Y. SJOO I t+~ (SF.AI.)
~
~ 1. To make all pa~?mentt t+e~quired bjr that note and tbi~ mortgage promptly wlKa due.
~
~ T'o pa~ all caxa. a~mena. lirns and encumbranca on that propert~r pranptty arheu
~ due. lf the~? are not prompd~ p~aid che Mortgagc~e mar pa~r chcm wichouc waiving the opcioo to
~ for~close. and uicb p~yments. with inter~at thereoa ft+om the datc of payment at the samt rate at
~ ~paifiad in ibat note. shall abo be ~aurai bq tbi: ~age-
~ 3. To oommit, perm.it, ar wEEer oo ~raste, impairmenc ar deceriontioa of the raortg~ged
~
4. To pa~ all acpec?~a n~oasbh iocuned bq che Morcgagce bec~u~e oE bilure cf t6e
~ Morcgagor w rnmPtp wich the a~n~en~end in that aae or this mo~tq~ge. includi~ rea~oasbk
~ attarne~rs' fea. Tt~t cae chereof. ~ri~h interese tber~e~ou fr~osn the dap of pa~ment u the ~ame rate
a~ ~ea#'ied 'w tLat note. shall al~o bt ~c+cunod b? thi~ mortga~e.
~ ~178 ~24~i .
~ : a z
~ ° ,~~7~-
, ~ .~G z
: