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MORTGAGE
Harold B. MarniYey ar?d Lvella M. Mannin9 his wif~
,
the mortgagor . in _oonsideration of the principal aum spaifiad in che promiasory note
htteafter deacribed. roceivod fmm HOLIDAY OiJ'I' IN AMERICA AT ST. LUCIE, INC., a
oorpontion organized aad exiacing uader t4e Lawa of the State of Florida: the Mortgagee, hereby
lb ~ Septeaber ^ , 19 mortgaga to the Mortgagee the real .
propaty in S~.Lucie County. Florida, deecribod aa: -
Condomiaium Paral: Blocic ~ , Lot / 26 of HOLIDAY OUT
AT ST. LUC1& a oondaminiwa. Aooording w the D~claradon of Co~ido- '
~ minium there.wf re~otded in Official Re~rds Book 168 at page 1348, oE -
the Public Reoor~ of S~ Lucie County, Florida. As provided ~or by the ~
Condominium A~t of the Scatuta of the State of Florida, (Chapter 911,
Florida Statutes, 1965 E~ Seq.) aaid descripdon ui this oonveyanoe includa,
but is not limited w, all appurcaiaaaa to the oondominium paroel abQVe .
dacribe~d, including the limited oomznan . elmn~ts aasigned t6erew ~1
including the uadivid~d iittez+e~t in tbie o~aunnon elc~nenta o~ raid ao~do~
- mit~ium. ' _
. _ THIS IS A PURCHASB MONBY MORTGAGE
As ~e~curitp fior the paym~t o~ the pronniaaori note o~ which the fiollowing is a aogy:
= 5400.00 _ Jensen Beach ~ Septesber 16 19 70 _
,
; For Value Reoeived, I, we or either of w proaise w pay to t6e order o# HOLIDAY OUT
IN AMERICA AT ST. LUCIE, INC., at Poat Offia Bou 161, Stuart, Florida, or any other plaae ~
aa the holdrn c~i+~of may deaignate in writin~ the aum of Five thousand-feur hundrad
- Dollars, wLich includa intereu an the prin_
_ cipal amouat loaned, Papable in
one ~ual ooa~a~utive moathl~6inKaUmmts osept~~=~ each, .
~?a ~
inatallment ~o bcawne payable on the day of - 19~_._, and
one such installment to booome due and payabk on t6e ° da of e~ch ~~oqo~d~ month
until the whole of- aaid indebtedneat ia paid, with inter~t from Sep~ember ,
at the raa v~ ~ per oeat per annum after maturiq. ~
.
'r Ia the evmt of PnP"T~ent, a d~duction fro~ t6e amount due on aooount of uneamed
~ iaterat d~all be al~wod. . }
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i It 3s agreed that time is of the easeaoe of this ooatract and that in the eveat of dehnlt in
payment of any installment for a period ~ thirty daya t6e 6oldtr of this note may, at its option,
~ doclare all tht remainder of the said debt due aud ooUectible and aay #ailure to exercise said
opti~ a6all not ~onuiwte a waiver ~ the iight w eae~miae the same at any other time. In the `
rvmt of~ dEfautt in p~ymait oE thi: note and if tt?e aame is placed in the hands of aa attornep for
oolleaion~ I, Nre, or either of ua agree w pay all aous o# oollection, including a reaaonable attorne~s -
fee. In c~e pa'ment shaIl not be made at maturity, the makera, aurttiea and endoraeis joindl ac~ -
stvrrallq agrce tu any extenai~s or r~newals without furt6er notioe; binding uuraelva for paymmt
thereof. ~ if no atensions of time or forbearance of paymwt haEd been made or grant,~d.
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I, ~rc or each of uf, whether principal, securitq. guarantat, eadorarr or other partjr herew,
agree w be joindy and _ severally bound. I or we, each further waive demwd, prote~t and . notioe _
of demand, proteat and aoa
payment ~ _ , .
s/ - ~ (S~.AL,~ -
. . ' (S~)
and agt+ees: . ~
l. To make all payments rcquired by that note and thia mortgage promptly en due. ~
Y. To pay all taxes, as~asments, liens and encumbrances on that proprrty promptly when
due. If thry are not P~PVY Pa'd the Mortgagee may PaY them without waiviug the option to
foreclote, and such payments, with intereat thereon from the dace of payment at the aame rate ~ -
spocifiod in that note, ~tiall -al:o be aecure~d by t6a mortgagt.
3. To commi~ prrmit, or auffer no waste, impairmcnt or deterioration oE the mortgagal ;
Pi'OP~~Y•
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4. To pay all expenaes rrasonably incurrcd by the Mortgagee becaiue o# failw~e of the ~
Mortgagor w comply with the agreemena in that note or this mortgage, including reasonable ~
auoTneys' fw. The oost thercof, with intrreat thereoa fr~am the day of payment at the aamr rate~
~:pecified in that twte. ~all also be ~ecured b~ thii mortgage. ~ - -
g~i$8 ~ 754
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