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NORTGAGE
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~Tos h Sures anci Rosl n K. Sures his wife ~
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herein "Mortgagor", whether sinqular or plural, in consideration
of the principal sum specified in the promissory note hereafter
described, received from VENTURS OUT IN 1~MSRICA AT ST. LUCIE, INC.,
a corporation organized and existing under the Laws of the State
~ of Florida, herein "Mortqaqee", hereby on this 2~t'^ day of
Januarv , 19 71 , mortqaqes to the Mortgagee the real
property in St. Lucie County, Florida, described as:
Condominium Parcel: •~.La~iie._~, Lot No. 1?~ of
VENTURE OUT AT ST. LUCIE, INC., a Condominium, accordinq
to the Declaration of Condominium thereof recorded in
Official Records Book at page , et seq., of ~
the Public Records of St. Lucie County. Florida. As
provided for by the Condominium Act of the Statutes o~
the State of Florida (Chapter 711, Florida Statutes 1965
et seq.), said description in this conveyance includes, `
but is not limited to, all appurtenances to the Condo-
minium parcel described, includinq the limited common
elements assigned thereto and includinq the undivided in-
terest in the common elements of said Condominium.
. THIS IS A PURCHASE MONEY NORTGAGE !
As security for the payment of the promissory note of which the •
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folloWinq is a copy: .
€
; S.h,595.00 Jensen Beach, Florida
€ January 27 , i9 71
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~ For value received, I, we, or either of us promise to pay
~ to the order of VENTURE OUT IN AMERICA AT ST. LUCIE, INC., at
$
~ Jensen Beach Bank, Jensen Beach, Florida, the sum of si~x five
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~ hi_~cired ninet five OOf 100 Dollars, payable in 2~
~ ' equal consecutive~monthly installments of $29$.27 each
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~ and equal consecutive monthly installments Qf S
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~ each, the first installment to become payable on the 2~th
~ day of Februar-- , 19~ and one such installment to be-
come due and payable on the day of each succeeding
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r mor.th until the whole of said indebtedness is paid, in full with
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interest at the rate of.10 per cent per annum after default.
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~ It is aqreed that time is of the essence of this contract
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and that in the event of default in payment of any installment ~
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