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HomeMy WebLinkAbout2299 ,w I ~ t•d by „TMls ~nstn~~ wos DnDa 1E55 WRIGNT, o~ ~P~O~'~O of 20'7'7'71 7tNe S~cur~hr Comt~^y~stuort. F~«~do 2 ~ a N. cotorodo /~ve.• MORTGAGE ~Mide~t to the ~ssuo^~a ot o Titl~ ~ns~+~onc~ controct: ' JHMES K. WOODI~LL and FRANCES I. WOODAL~I., his utif8 hereinafter referred to as the Mortqagor, in consideration of the prin- cipal sum specified in the mortqaqe note hereinafter described, hereby mortqages 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. 81 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 1887 through 2007, of the Public Records of St. Lucie County, Florida, toqe.ther with all of the appurtenances to said Unit, SUBJECT TO the Declaration of Condominium of WINDMILL VILLAGE BY THE SEA CONDOMINIUM NO. 1 as recorded in Official Records Book 189 on pages 1887 throuqh 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; ~ MORTGAGE NOTE Stuart April , Florida, , i97 1 - r;,~ val~e received, tt~.e undersigned promises to pay to the order oz ;;=\D::~:,:, VILLAGES OF A~.ERICA, INC. , a Florida corporation, the prir.cipal ~ i ~.t Hundred and no 100------~----"--'-- p~$~' ~ 8~`~ ~ S:: : v: i Cl~:l' Tf1(~!:Sc1f1G~ r w~ w. ~r.terest ro:n ate at e rate or ten $ percent er annur.'. or. t. e ~~~.c, aaiance u:.til paid at 4000 North Tuttle Avenue, Sarasota, Florida, ~ ;;~7y , or a~ sucz other p~ace as the ho2der may desigr.ate in writir.g, in ~~x~;~ ~o~i mont'~Zy payrnents of $ Zo~.g9 each. T:.e first paymezt s:.all ~ ~Gv~ie one nonth fron date an - e remaining fifty-nine monthly pay- :;,a :~s s:,G~~ be payab~e or. the sane date o~ each subsequer.t m~ont'~ u.~til E ~aic i:. .-"u~l. Gach payment shall be applien first to interest ar.d t~e ~ ~~;a;.:~ to ~rir.cipal. This note may be prepaid in part or in ful~ at ; a:,y ~~:.:a witlnout penalty . ~ ~ ~ v;:y ~ay.:.e~t is not :rtade witnin t~irty days after it is cue, ~'r.e _ ~ t: :;r.~aid prir.ci~al sr.all beco.• due without notice at the optyo:. o: ~.G :o_cer, ar.d ~a~iure to exercise that opzion shall not waive the right ~ ;:::~~c:.~e i~ in event of a subsecuent default. In ever.t o: de~a::l:. in ~ : ~y-a:.;., :z~.e ur.dersigned will pay all costs o: collection includi:~g a ~ re~~o:a:~+e attoraey!s ~ee. Protest is waived. RECEI~ED S._ IN PAYNQIT 0~ TAXES ~ ~UE Ot1 C~C INTANGIBLE PER9CKAL PkOPERiY' (S@dij p~;:;$';,AtIT TO C11AP'T"cR 20724, A~TS Of 1911. • ~ ROG.R POITRAS. qerk Cirwif Cou~t , JA.*~S K. tJ00DALL ~ as 4;e~t f~T f'.NI~I N. Kt'101VLES. 1R a;Y~= ~ (Seai) - St lucie Cou..Y~ 1~x Coilector ~ ' FRAI`CES I. WOODALi. ~ ~ pL~r ~lRtt ~ and agrees: 1. To make all payments required by the note and this mortgage promptly when due. :w -~T 2. To pay all taxes, assessments, liens and encumbrances on that property ro tl when due. If the are not rom tl aid the Mort a ee ma s" P mP Y Y P P Y P . 9 9 Y ~x= pay them without waiving the option to forecloae, 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 ~ s~~ ~9i Z29~ - ~ - _ ~rr _ _ . _ _ , ~