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HomeMy WebLinkAbout0930 ' • _ ~o . ~ . MORTGAGE 20ipp3 ~c , o ~ ~ . CtJ~ . : : ~ ~ rJ ~w the nuortgag~or . in consideration of the principal apocified in the promi:sory aote . hereafter deacribtd, reccived from HOLIDAY OUT IN AMERICA AT ST. LUCIE, INC., a - ~ ~ aorporation organized and cxiating under the Iaiws of the Swte of Florida, the Mortgagee, hereby on this day of ~__~~r ~ . 19Z, mortgages w the Mortgagee the tral pmpertp in S~ Lucie County, Florida, described ae: Th ?'s 1 n s~• ~e ~ ~~minium Pat+cel: Block Lot f~ of HOL~DAY OUT ~ vp~~..~o by r~~..«.1 . y~ .1.0~~ d AT ST. LUCIE, a oondominium. aao~rdin,g to the Declaratioa of Cot~o- , R~R ~ minium thereof reaotdcd ia Official Rcoords Book 168 at page 1348, of - ~~SQM the Public Reo~rda of St Lucie County, Florids~. As pr~vided for by tLe Condominium Act of the Statutea of the State of Florida, (Chapttr 711, Florida Statucea,1965 E~ Seq.) aaid description in thia ooaveyance includea, ~ but ia not limitcd to, aU appurtenances to the oondoa~iaium pancxl above _ describe~l, including the limited oommon dements assigned thereto aad inci~ding the undivicled iaterat in t6e . oonnmon elemeats of ~id aondo- minium. . ~ - ~ THIS IS A PURCHASE MONEY MORTGAGE As security ~or the paymmt of the promissory note of whicb the follovving is a oopy: _ ~ .~~DO? ~ic.~.st... /.}r+~, Florida, ~v... ~ ~ _ . 19Z° ~ ,-}v For Value Recxived, I, we or either of iu promiae to pay w the order of HOLIDAY OUT F IN AMERICA AT ST. LUCIE, INC., at Post Offiae Bos 161, Stuart, FlA7t7~da, or~y ot6er pl~we . y1~ aa holdCt hez+eof msy desig~te iu writiOg~ ~he sum oE ~ S'r (..11~ r~M 7"~wo ~ : ••,••~l llara, wrhicb includa interest on t6e pruic~ amount loaned, Palrabk in (//~`~'1 - ua~cona~eutive mont6l ioatallments of ~_~s~_ e~ch, a~ the fisst T ~q 7 inatalUnent w booame payable on the d~y ~ . , 19Z, and one auch inatallment ta be~ome due aad payable on the ~y o uE a~ch suooeeding month unti~; the Nrhole of ~id indebtodneaa ia paid, with int~erat from G ~.-'7 ° * at the rate per oent per annum afta maturit~r. - . ~ ~ 4 In the rveac of Prtpayment, a doduction from _ the amouat due on aooount of nneaxned ~ int~ereat aha~ll be allowcd. - , It ia agrted t6at time ia of the easenoe oE this oontract and that in the eve~t of default in - payment of any installment for a period of thirty dapa the holder of thi: note ntay, at its optian:. declare all t6e remaind~er af the said debt due and aollouible and any failure to acerciae said option a6all not aonatitutc a waiver of the right to exercise the same at any other time. In the _ evrnt of default in payment of this note and if the aame u plac~ed in the banda of an atwrnrq ~or ~ oolloction,-I, we, or either of ~u agree to pay all oosts of ooll~on, including a reasonabk attorney's fee. In czae papment ahall not be made at maturity, the makers, sureties and endoraera jointly aud Kverally agrce ~o any extenaiona or rs~ewala without further notice, binding ourselvea for paymmt tLereof. aa if no actensions of time or forbearance of paym~t had been made or grant,ed. - I, we or eac6 of ua, whether principal, ucurity, guarantor, eadorarr or other partp hereto. agree to be joindy and severaUy bound. I or we, each furtber waive demaud, proteat and noticx af demand, proceac and non-paymm~ _ _ s/ ` - (SEAL) r ~Z~~ (SF.AL) a~ agrtd: _ l. To make all payments requued by that note an~d thia mortgage promptly whm due. ~ - Y. To pay all taxes, aasessmeucs, liena and rncumbrances on that P~P~y P~P~Y ~+rhea due. If t6ey are not promptly paid the Mortgagee may pay them without waiving the option to p forccloae, and such paymenta, with interest thereon from t6e date of payment at t6e aame rate as ~ specified in that note, ahall alao be aecured by t6ia mc~rtgage. ~ 3. To aommit, permit, ot suffer no watte, impairment or deterioration of the mortgaged ~ P~P~y ' . ~ 4. To pay all acpa~sa reaionabl~ incurred by the Mortgagee baaase o# failure of tht ~ Mortgagor w comply with the ~greemaita in that note or this nnortgage, including reaaonable ~ acwraey~~ fea. T6e aoa ther~of, with incerat t6ereon from the day of paymrnt at the aame rate ~ as specifiad in tLat note, shall aLo be ~ecured by thi: mc,rtg~ge. a~188 929 ~ -G~. ~ s .a. , ~"°'',.e` 's_~' ,.~w`~,-Ty~"ru-_ F' ~ a _ ~.c, u 'v' - ~ ~ ' ~ ,r~,,,~,,...,>-,~ : _