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MORTGAGE ~ WRIGHT, on empl:Ye~ ~t
T1tlt Sccurity Com~anv.
~ 1• N. Color~do Ave., ~ru . kxiY
Incldent to tM issuo~c~ of ~
Tlt{~ ~nu+ronc~ Gonp~oGt~'~
hereinafter referred to as the Mortqagor, in consideration of the prin-
cipal sum specified in the mortgage note hereinafter described, hereby
mortqaqes to WINDMILL VILLAGES OF AMERICA, INC., a Florida corporation,
-4000 North Tuttle Avenue, Sarasota, Florida, 33579, the real property
in St. Lucie County, Florida, described as: '
UNIT NO. 111 of WINDMILL VILLAGE BY THE SEA CONDOMINIUM
NO. 1 accor inq to the Declaration of Condominium thereof ~ • ;
as recorded in Official Records Book 189, on pages 188'7 `
through 200~, of the Public Records of St. Lucie County,
Florida, together with all of the appurtenances to said Unit,
SUBJECT TC~ the Declaration of Condominium of WINDMILL VILLAGE ?
BY THE SEA CONDOMINIUM NO. 1 as recorded in Official Records
Book 189 on paqes 1887 through 2007, of the Public Records ~
~
of St. Lucie County, Florida, and ;
s
SUBJECT TO restrictions, covenants, easements and reservations ~
of record, ~
:
3
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as security for the payment of the mortgage note of which the following #
:
is a copy: >
~
~
MORTGAGE NOTE
.
stuart , Florida, '~arch 17t~ ~ ±g
~
~
~ romises to pay to the order of ~
' For value received, the undersigned p rinci al
t wINDMILL VILLAGES OF AMERICA, INC., a Florida corporation, the P P~
i ~ s ~nn=n~
i s um o f m
with interest rom ate at e rate o ten percent per annum on t.~e
~ unpaid balance until paid at 4000 North Tuttle Avenue, Sarasota, Florida,
~ 33579, or at su~h other place as the holder may desiqnate in writing,
a ments of $ 11s.99 each. The first payment shall
~ sixty (60) monthly p y
5e payable one month from date an e remaininq fifty-nine monthly paY-
; ments shall be payable on the same date of each subsequent month untii
~ oaid in full. Each payment shall be applied first to interest and tY~.e
~ balance to principal. This note may be prepaid in part or in fu12 at
~ any time without penalty.
¢ Zf any payment is not made within thirty days after it is due, the
entire unpaid principal shall become_due with9ut notice at the option of
~ the holder, and failure to exercise nttdefault.shI~l~vent ofVdefaultlint
~ to exercise it in event of a subseque ~
~ payment, the undersiqned will pay all costs of collection including a ~
~ reasonable attorney!s fee. Protest is waived. t
n
~ RECENED t~~ 2 ` IN PAYME~'di OF TAXES ( S@ 81)
~ DUE ON CU1SS 'C' IHTANGIBtE PfR90HAL PROPERTY, '
1 PIJRSUANT TO Cii11P~ER 207?A. IICTS OF 1941. }I :'RY LvE rR f
- RUGER POITWtS, qe~k Circu~ Cou~t ~ ( S e a i) ~
as ~?t fot DANIEL N. KNO'Wlf.Sr 1R ~ ~ ~
St lucie CAUnty Ta~c ColletfiDf HEI.EN R. NEBER ~
p„ ~'a -L.: ~c'- l.s>- ~
~
~ ~
and agrees: ~
t~ 1. To make all payments required by the note and this mortqage promptly ~
~ when due.
,N;
2. To pay all taxes, assessments, liens and encumbrances on that property
promptly when due. If they are not promptly paid, the Mortgagee may
= pay them without waiving the option to forec2ose, and such payments,
with interest thereon from the date of payment at the same rate as
= specified in the note, shall also be secured by this mortqaqe, ar~d
w` SuoK 191 4fi9
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