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tOGrR r01TRAS. Ciu? t~aiit OoMt
M k~ 1a D~NIEI II. IWOMI~E~,1a. ~ ~
~L l~cN OwAb Ta Oe11~dw Y
MORTGA~GE ~
~ ~
JMIi:S u. GIi35O~ ar~d 1CATiiRYN i'. GIi~SON, his tvife ~ ~ ~
;
herein "Mortgagor", whether singular or plural, in consideration of the
principal sum specified in the promissory note hereafter described, re-
ceived from VENTURE OUT IN AMERICA AT ST. LUCIE, INC., a corporat~t~n ~
organized and existing under the laws of the State of Florida, herein
~~Mortgagee", hereby on this 1yt~~ day of Nebruary ~ lg ~i ~
mortgages to the Mortgagee the real property in St. Lucie County, Flor-
ida, described as:
F
Condominium Parcel: Block No. Lot No. 117 of `
VENTURE OUT AT ST. LUCIE, INC., a Condominium, according ~
to the Declaration of Condominium thereof recorded in
Official Records Book 189 at page 1677, et se of the
Public Records of St. Lucie County, Florida. As provided
for by the Condominium Act of the Statutes of the State
of Florida (Chapter 711, Florida Statutes 1965, et s.),
said description in this conveyance includes, but is not
limited to, all appurtenances to the Condominium parcel
described, including the limited common elements assigned
thereto, and including the undivided interest in the com-
mon elements of said Condominium.
THZS IS A PURCHASE MONEY MORTGAGE
As security for the payment of the promissory note of which the fol-
lowing is a copy:
i ~ 4. 7u~' SU ~rwn B..eN Fbrwa Februa ry,...~,9 19...7.1.
; ~ - •
I ~ ? Fw vatu~ naiwd. l. v». or athu of us promi~ ~o pw to t1w ordK of
I ' VENTURE OUT IN AMERICA AT ST. LUCIE, IN~. at.J~~wn s~ e+n~c. ~wn 8~+. F~~.
! ~ W
~ ~ u :.>«r Th.~:~s~~nd Seven Hundred and Two- -50 100-------------------- ~
~ tM sum ot - • pol
4 702 SU none
~ ' y psysbl~ in c>r~•~ p~'~I conacutiw morKhly i~ullm~nts of =..---s wc1? ~nd.....••---......------•------•- ~I oo~wcutn~
F~ ~
. O----.--... ~sch, tM tint i~tallm~nt to b~oonw PwabN on tM.---•---...... 1 S t. dw ot
I montn~y mstal~m.~a ot 5..-----
< Dece..:.~er- 19... 71 and orn wc1+ instd~msnt to b~c«rn dw M+d pwabl~ on ch~._........non e d+f? ot
. . . .
s v ach wcceedinp month until tM whol~ of said ind~btnas is psid, in full, witA iM~~st ~t tM rK~ of 10 pK ant p~? ~rnwrn ~h~r d~fal~
a
It Is a9re~d that tirr» Is of th~ ~ss~nc~ ot t~is cont~sct and t1~at In the w~nt of dHault I~ PaymMt Ot any InstallmMt to~ a pertod ot thl~ty dsys fM
~ + no10~r of tnis not~ msY. at Its opt{on. Aeclar~ all th~ ~tmaind~~ ot sald d~bt d4~ anA Co1Ntt{DI~ snd anY ~~Itur~ to ~~tclf~ NIO Optb~ fhall not to~stl•
< ~ tut~ s watver ot in~ rlqht ~o ~x~rciss t~e sam~ st any otMr tlm~. In tM rwM ot aNaWt in O~Y~t ot t~ls not~ snd if th~ s~rtN Is plac~d ~n tM ha~~s
Z I~ of a~ attorney for toli~ttion. 1, w~, or ~ItMr oi us, aq~N to paY of toliKtion. InduOiny a rqsot~aW~ attorn~Y's iN. In us~ paYm~ttt sf?ail not
~ W ma0~ ~t msturity. th~ mak~rs. fu~~tlK. and ~n00ff~R, lantly snA swuallY ayrM to ~ny ~xt~eslons or ~~wMS wltnout turtl~ not~C~. WrWIM ow~
Z ~ ~ sNws fo~ DaYm~nt t?~r~of, ss if no ~xtu?slons of titM Ot TO/OMf~flq Of piyfMflt IIW pMl~ f11~W O~ MMt~O.
~ 1, o~ vw. uW ~ach of us wh~tMr prlncipal, w~Y. 9wranto~. ~ndonN. or othM PMty ~M~to. M~ to O~ Jotolly an0 iwKN~Y 1. a~.
O ~ fwtp~r walw WmanO. prot~st. arM notlu of d~maiW. protMt. ana na?O~Y~~ -
W ~ Giwn undK tM Mnd and s~al of qd~ p~rty.
, oc
~ ,Sf Jai,~es E. Gibson
AL
- . ...................y.................:--................._ _.........................ISE
~ W ~dr~ ` Kat~r Gibson , his wi fe ~
- > {SEAI)
~ NO 5~................._................._............_............._.......---.........
Yi
~ . _ . _ . _ . . ~ ~ ~ _ ~ .
~ •
~ Mortgagor fully warrants the title to said land and will defend the
~ same against the lawful claims of all persons whomsoever, and agrees:
~
~ .
~ ~ 5 r~~ ~ rLtjl~iL;A
~ ~ t~QC;~~E~lTl~r~'`Sft:~S~ T~^- X '
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~ ~ ~ ~ ~ 7 2 0 = ~
N LEiT.OF CEY[CIIE
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