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Home My WebLink About2122 ~ 6~ ~ v 184906 ' ~ MORTGAGE ~ ; /.i . 1- v 9 i' ~ ~~(J o ,~s r~ ~ the mo r, in consideration of the principal aum apecified in t6e pmmisaory note ~ i Lereafter deacribed, received from HOLIDAY OUT IN AMERICA AT 3T. LUCIE, INC., a ourporation iud aud exiatin nder th Lawa of State of Flarida, the Mortgagee, hercby j on this day of ~~~~~r ~ ..19~~mortgagea to t6e Mortgagee the real ; . _7,e.~`~' . property m S~ Lucie County, Florida. deec.tibed as: ~ ~ Condominium Parcel: Block _.5.~._, Lot !-~'-.,G-- of HOLII2AY OUT ' Th!s ir.z!~n++a*~ PrlP~~ ~ Kot~~Y °UT AT ST. LUCIE, a aondominium, aoo~rding w the Declaration oE Coando- : P. o, aawer a47 Fwrian ss+s~ minium therrof rooorded in Official Recorda Book 168 at page 1'548, of =i~ n:-v T. Ogle the Public Rcoords of S~ Lucie Couuty, Florida. As prov=ded tor bp the ~ . Gondominium Act of the Statutea of the State of Florida, (Chapter 711, Florida Stacutea, 1965 E~ Seq.) aaid deacxiption in this c~onveyance includea, but ia not limited to, all appurtenances ta the oundominium paral above - deacribed. including the limited c~mmon elements assignod t6erew and including the undivided interest ia thr oummon elemeats o# aaid aondo- minium. . THIS IS A PURCHAS~ MONEY MORTGAGE ~,s security for the payment of the promiasory note of which the following is a o~p~r• ~ ~ p~~ S'~+t~-Flarida, i _ 19 - For Value Received, I, we or eithrr of ua promiae to pay to the order ~ HOLIDAY OUT : IId AMERICA AT ST. LUCIE, INC., at Poat Uffiac Box 16 S orida y o p ~ aa older herea Y designate in writin& the aum of ~ ~v .vt ~ ~lara, wluch includes intereat on the princi amo t loaned, .pa?yable in x ~ equ~ o~nsocutive monthly inatallmenta of ; eac~, wd the firat installment to beoome payable on the ~s~day of ~ +r , 19.~, and one such installment to beaome due and payable on t6e da of sucocedin month until th~ whole of said indebtedaesa is paid, with incereat fmm at the rate of ~ per cent per annum after maturity. ~ In the event of prepayment, a deductioa from the amount due on aooount of unearned ~ ( _ inta~eat ahall be allowod. ~ ~ ~ It is agreed that time is of the easence of this contract and that in the e~ent oE default in ~ payment of any installment for a period of thirty daya the halde= of this note may, at its option, ~ declare all the remainder of the said debt due and oollectible and any failure w exercise aaid ~ option ahall not constitute a waiver of the right to exercise the same at any other time. In tht < evtnt of default in payment of thi,a note and if the aame ia placed ia the handa of aa atwrney for ~ oollection, I, we, or either of ua agree w pay all costa of collection, including a reasonable attorne~a ~ fec. In case payment ahall not be made at maturity, tLe makers, suretiea and endoraeis jaintly and severally agree w anq extensions or renewals without further noticr, binding oursclvea for payment thereof, as if no extensions of time or forbearanoe of payment had beea made ar granted. ; I, we or each of us, whether principal, aecurity, gnarantor, endoraer or othtr party hrrew, i agree to be joindq and severally bound. I or we, each further waive demand, proteat and notioe s of demand, proteat and non-papment ` s ` (SEAL) ~ a. - - ~ . (SEAL) amd agrea: . ~ l. To make all payments required by that note and thia mortgage promptl~r whea due. ; 2. To pay all taues, asse~smarts, liens aad encumbrancea on that property prompt~q when ~ due. If they are not promptly paid the Mortgagee may pay thetn without waiving the option to ~ forecloae, and auch payments, with intereat thereon from the date of payment at the same rate aa ' apecified in that note, shall also be aecured by thia mortgage. 8. To commit, permit, or suffer no waate, impairment or deterioration of the mortgaged P~P~1• 4: To paq all enpenses reasonab~y incuaed bq the Mortgagee bocauae of failnre of the Mortgagor .to comply with the agreements in that note or this mortgage, including r~aaonable ~ attorney~ feea. The ooat thereaf, with intereat thereon from the day of payment at the same ratre } ~ as apaified ia; ihat note, shall aiao be secured by thia mortgage. ` ~ 180 ~~.1~.9 ~ - - ~ _ _ . , - ~ ~ z==.- ~_r~ .