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Home My WebLink About0584 ' 204~23 - ' ~ , MORTGAGE ~ A.C. Gresthaw and Alice Greethas . , the mortgagnr . in rnnsideration of the principal sum apccified in the promissory note hereafter described. trceived firom HOLIDAY OUT 1N AMERICA ~ AT ST. LUCIE, INC., a corporation organized and existing under the Lawa of the Swte of Florida, the Mort,gagee, hcreby on this 3_~ day of p~P=il 19 morcgages to che Mortgagee the real pr~perty in St. Lucie County, Florida, de~cribed aa: Condominium Partel: Block P___, Lot i~_llw of HOLIDAY OUT TR~S, Ki~~~.ehf' AT ST. LUCIE. a condominium. aooording to the Declaration of Condo- ~rp~~~•d d~ 1~eKV~ minium thereoE reoorded in Official Recorda Book 168 at page IS48, of the Public Reeords of 5~ Lucie County, Florida. As provided for by t6e ~~~e-, aOx °~~Q Condomuuum Act of the Statutes of the State of Florida, (Chapter 711, k N o x t~ h~• Florida Scatucea, 1965 E~ Seq.) said desrription in thia coaveyance includes, but is not limited to, al~ appurtenances to the condominium paroel above d~cribed, including the limited rnmmon elementa assigned tliereto and induding the undivided incerest in che common elemeats of aaid condo- minium. ~ ~ . THIS LS A PURCHASE MONEY MORTGAGE _ As sccurity for the payment of the promissory note of which the following is a c~opx: ; S, 950.00 Je~sen Beach, ~~arida, AP211 3, 19 . For Value Received, I, we or either of us promise t4 pay to the order of HOLIDAY OUT IN AMERICA AT ST. LUCIE, INC., at Poat Office Box 1 F3ve~iousa~~ S~g~i~ Fi-un~d~e~ as t6e holdrr hereof may designate in writing, the sum of and Fifty ~llara, which includes interest on the princi I amount loaned, payable in - equal cansecutive monthly installmmta of ~ _ each, and the firat installment to become payable on the ~.lst ~ A June , 19 aad one such installment to become due and payable on the s t da of~ g month until the whole of said indebtedness is p a i d, with intrreat from _Apr~l 3; I9~~ at the rate of 6 per oent per annum afttr maturity. In the event of prepajrment, a deduction from the amount due on account of uneained inceresc s6a11 be allowed. l It ia agreed that time is of the easence of this contraa and that in the event of default in ~ ~ payment of any installment for a period of thirty days the 6older of this note may, at its option, ~ declue all the remainder of the said debt due and collectible and any failure to exercise said ~ opuon shall not oonstitute a waiver of the right to acerciae the same at any ot6er time. In the ~ event of default in payment of this note and if the same is placed in the hands of an attorney for ~ collection, I, we, or either of us agree to pay all coats of collection, inctuding a reaaonable attorne~a fee. In c~se payment shall not be made at maturity, the makers, sureties and endorsers joindy and srverally agree to any extensions or renewals without further notice, binding ourselvea for payment ~ chereof. aa if no extensions of time or forbearance of paymenr• had been made or granted. , - ~ I, we or each of us, whethrr principal, aecurity. guarantor, endoraer or other party hrreto, ~ agree to be joindy and severally bound. I or we, each further waive demand, protest and notice of demand, proteat and non-paymen~ ~ , s~ _ C' . ~C~.~~~ ~s~.~ ~ . ~ , ~9 ~ ~ ~s~u,~ ~ ana agrea: . ~ 1. To make all payments required by that note and this mortgage promptly when due. T - ~ Y. To pay all taxes, assessmenta, liens and encumbrances on that proptrty promptly when ; due. If they are not promptly paid the Mortgagee may pay them without waiving the option to ~ Eoreclose, and such payments, wich intereat thtreon from the date of payment at the same rate as ~ specified in that note. shall also be secured by thia mortgage. ~ 3. To commit, permit, or suffer no waate, impairment or deterioration of the mortgaged ~ property. ~ ~ 4. To paq all expenus reasonably incurred by the Mortgagee because of failure of the ~ Afortgagar to comply with the agreementa in that note or this mortp~age, including reasonable ~ attomeya fees. The cost thereof, with interest thereon from the day of payment at the same rate ~ aa specified in that note, shall also be aaured by this mortgage. ~ ~ - °a~9U 58~ ~ BOOK ~ ~ ~ ~ = , : - , ~ ~~~~~:~er--~,~~~.~>~-Y..___ . - Y~~-~~~~