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Home My WebLink About2126 - ~ . • ~ ~ MORTGAGE 18490F3 ~ WILLIAM F. BERRY and wife, GERTRUOE W. BERRY , the mortga~g~or . in consideration of the principal sum specified in the promissory note hereafter ~.°sscribed, ~eceived from HOLIDAY OUT IN AMERICA AT ST. LUCIE, INC., a corporation organized and existing under the Laws of the State of Florida, the Mortgagee, 6ereby ~5th ~y of Se~tember , 1~9 , mortgages to the Mortgagee the real t property in St. Lucie County, Florida, deacribed aa: Condominium Parcel: Block __E _ , Loc / 3~ of HOLIDAY OUT 7:,:z in:trvmMt Pre00~ ~ ,~o~,oR,r ouT AT ST. LUCIE, a condominium, acoording to the Declaration.of Condo- P. O. Drawer su minium thercof recorded in Official Records Book 168 at 1348, of Jen:an Eeach, F~~~•~° 3~~ ~e Public Records of S~ Lucie County, Florida. As provide~d~for by the "'enry T. Ogle ~ndominium Act of the Statutes of the State oE Florida, (C~t~apttr 711, Florida Statutea, 1965 Et. Seq.) said description in this oonveyance includes, but is not limited to, all appurtenances to the oondominium pamel above . described, including the limited oommoa elementa assignod thereto and including the undivided interest in the common elements of aaid coado- minium. THIS IS A PURCHASE MONEY MORTGAGE As security for the payment of the promissory note of whic6 the following ia a oupy: ; 6,500.00 . Florida, September , 1~9 , For Value Received, I, we or either of us promise to pay to t6e order of HOLIDAY OUT IN AMERICA AT ST. LUCIE, INC., at Post Office Box 161, Stuart, Florida, or any other place as the holder hereof may designate in writing, the aum of .~ix Tho~sancf ~iye Hundred and ' _ Dollars, wluch includes int,ereat on the principal amount loaned, payable in 60 equai consecutive monthl installments of 108. 33 each, and the firat installment to become payable on the ~~h day of ~ctober , lg 69~ ~d one such installment to bec~ome due and payable on the day of each suc:ceeding mont6 until the whole of said indebtedness is paid, wit6 int,erest from September 5~ 1969 at the rate of 6`~- per cent per anaum after maturitjr. . In the event of prepayment, a deduction from the amount due on acoount of unearned ~ interest s6a11 be allowed. ~ - ~ It is agreed that time is of t6e essence of this contract and that in the event of default in payment of any installment for a period of tlurty days the holder of this note may, at ita option, declare all the remainder of the said debt due and rnllectible and any failure to exercise said option shall not oonstitute a waiver of the right to exercise the same at any other time. In the event of default in payment of this note and if the aame ia placed in the hands of an attorney for collection, I, we, or either of us agree to paq all costa of oollection, including a reasonable attomey'a fee. In case payment shall not be made at maturity, the makers, sureties and endorsers jointly and severally agree w any extensiona oT renewals without furt6er notice, binding ouraelves f~r payment thereof, as if no extensions of time or forbearance of payment 6ad been made or granted. I, we or eac6 of vs, whether principal, aecurity, guarantor, endorser or other partq hereto, agree to be joindy and severally bound. I or we, eac6 further waive demand, prot,est and notice - of demand, proteat and non-payment s~ wtl l i am F. - Berry _~gg,~,~ s~ Gertrude I~. Berry ~gg,p~,~ f ~ and agrea: ` ~ 1. To make all ents uired b that note and this mo a e rom d when due. ~ PaYm re9 1 rt8 S P P 7 2. To pay all taxes, asseasments, liens and encumbrances on that property prompdy when due. If they are not promptly paid the Mortgagee maq pay them without waiving the option to foreclose, and such payments, with incerest thereon fr~m the date of payment at the same rate aa f specified in that note, shall alao be aecured by thia mortgage. 3. To commit, permit, or suffer no waate, impairment or deterioration of t6e mortgaged P~P~~Y• 4. To paq all expensea reasonablq incurred bq the Mortgagee because of failure of the Morcgagor tQ comply with the agreementa in that note ar this mortgage, including reasonable attomeys' feea. The cost thereof, with intereat thereon from the day of payment at the aame rate as apeciEied in that note, shall also be secured by thia mortgage. U R 1~o PAGE 600K _ _ ~ - _ ~ yr ~ ; ~ _ _