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MORTGAGE ~ESS WRIGHT, o~ e++w?flt~ee
Tttk SauriM ~*+o~"Y•
41t N. Coiwrdo I?vs.. S~c.: : ~~+~da
NfCIdMM f0 HM hiu0/1q ~ O
C~!'!'~t H• D06Git ind II~E6L DD6G~~ 11f • wi!!
hereinafter referred to as the Mortgagor, in consideration of the prin-
cipal sum specified in tne martgage note hereinafter described, hereby
mortgaqes to WINDMILL VILLAGES OF AMERICA, INC., a Florida cozporation,
4000 North Tuttle Avenue, Sarasota, Florida, 33579, the real property
in St. Lucie County, Florida, described as: _
UNIT NO. 157 of WINDMILL VILLAGE BY THE SEA CONDOMINIUM
NO. 1 accor ng to the Declaration of Condominium thereof
as recorded in Official Records Book 189, on pages 1887
through 2007, of the Public Records of St. Lucie County,
Florida, ~ogether with all of the appurtenances to said Unit,
SL'BJECT TO the Declaration of Condominium of WINDMILL VILLAGE
BY THE S~A 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
SUBJECT TO restrictions, covenants, easements and reservations
of record,
as security for the payment of the mortgage note of which the following
is a copy:
MORT~AGE NOTE
~tuar~ ~ Florida, *:arch 26th • 19 71 •
va~~e received, the ::ndersigned pro~:.ises to pay to the order of
Y:~~;:,_•:~~y V~:.:.AGES Or^ ~~~RICA, ~NC. a Florida corporation, the prir.cipal
S O~ "'~Lr T:.oasanc a:.c aa 1.~~------------------------------- 4.OOG.O~ }
w~ w, ~erest rom cate at t e rate oz ten $ percent per annum on tr,e
.::~aic ~ala.~ce L~til paid at 6040 North Tuttle Avenue, Sarasota, Florida,
; 7, or at suc.'~, o ~'~er p~ace as t,~e holder may desiqr.ate in writir.g, in
s~x~J ~G~ j .:?o:.t`::.y pay:;~er.ts of $ fl4.99 eac.:. T:~e ~irst payment shall
~ :~a,~~=e o:.e mor.;r fro.;? daze aza e rer:.aining fifty-nine month2y pay-
; :.G:.~s s:.G~:, be payab~e o:. :he sarae date o~ eacY~. subseque~t :nonth until
' :,a~~ Eac:7 payment s:Zall be app~ied first to interest and t:e
E ~a~a::~~ ;,o ~rir.ci~a~. :his note may be pre~aid in part or in full at
~ s;.y wi ~:.out penal ~y .
E
~ y payme:.~ is not :~ade wit'r.i : ti:irty cays after it is due, tY~.e
~ ~:~~_G :~a~d pri:.c~~a;. sr.a~~ becortie dLe without not:ce at the option of
~ =::.e :,o_,:er, a:a fai~;:re to exercise t..~at option shall not waive the rig2^.t
~ ~O C}tc~:.~se it ~a eveat o.-" a subsequent default. I:~ eve:,t of defau~t in
~ ~~y.:.c: ;:.e :::.cersiqneq wi12 pay a12 casts of co2lection including a
~ ~2~SG:.~~e atto~aey!s ~ee. Protest is waive'
~ (Seal)
~ C'riE5TER N . DL'GGER
7
~ (Seal}
.ABEI, A . Dti ER
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and agrees: ~
~y 1. To make all payments required by the note and this mortgage promptly
'2 when due.
~ ~
~ 2. To pay all taxes, assessments, lier.s and encumbrances on that property =
~ promptly when due. If the are not rom tl aid the Mort a ee ma
~ Y P P Y P . 9 9 Y
~ pay them without waiving t'~e option to foreclose, and such payments,
~ with interest thereon from the date of payment at the same rate as
w~` specified in the note, shall also be secured by this mortgaqe, ar?d ~
gUR~ 19i 8~
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