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MORTGAGE ~
RICHARD A. MF.'TZ and PAULINE METZ, his wife, ~s~~ ~ ;
hereinafter referred to as the Mortqaqor, in consideration of the prin-
cipal swn specified in the mortq,aqe 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. 11 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 paqes 1887
throuqh 2007, of the Public Records of St. Lucie County,
Florida, together 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 paqes 1887 throuqh 2007, of the Public Recorda
of St. Lucie County, Florida, and
SUBJECT TO restrictions, covenants, easements and reservations
of record, ;
as security for the payiaent of the mortqaqe note of which the followinq ~
is a copy:
MORTGAGE NOTE
s:uAKi' , Florida, september ,1971 .
=o~ va=::e received, t:~e ur.dersigned promises to pay to the order of
„~~:,t:,y"~. V~:,~,AG~S OF ~:ERICA, ~NC. , a Fl.orida corporation, the principal
"=~-:;:r "'housan.: Four F:un:ired T~~renty Five ~~r.d No/100-------------- 4,425.00 )
~ N..; c7 ~ - ~ -
i ;.~res t~ro~r, ~ate at t~ e rate o ten $ percent per annum on t~e
; ;~a~ance until paid at 4000 Nort~ Tuttle Ave:
ue, Sarasota, Florida,
;;:,~3 j~~ at suc~~ ot:.`~er p~ace as the holdzr may desiqnate in writing, in
I :;-~x;.y zzontY:ly pav.;,er.ts of $~~.cz each. The first payment shall ~
; ~4,~.;::.~a o:,e ::.o:.~:~ ~ro, 3aze ar.d e re:~aining fifty-nine monthly pay-
i ...::r.~s s:a11 ba payable on the sar~e date o~ each subsequent month until
~ _~y~~: ~::~i. Eacn payzr~nt shall be a~p~ied ~irst to interest amd the
~ :,;::a::~~ to ~ri .cipa~ . :his note may be prepaid in part or in full at
;y wit~^.ou:. per.a~~y.
~-_y ; ayne:.~ is not r.zade withir. ~:irty days after it is due, the
~~r~ ~:~aid ~rir.cipa~ shall beco:rye due without notice at the option of
"_::~r, ar.d :.ai~~:re to exercise tY~.at option shall not waive the right
~o ~~:::~cise it in event of s s;;bsequent de~ault. In event of default in
.:~:.t, :;:.e ur.utrsigned will pay all costs of collection includinq a
:L~~o:.~~a attorr.ey'•s fae. Protest is waived.
~
~ ~i " c. F
Y~~: % - . ~ lC~' i i , (sealj
RE~CEIYED~ IN P1IYMEM Of TAxE~
DUE ON W1.SS 'C' tI1TAtIG16lE PER9011A1 PROiERiY, i ~
~l:'x::ANT TO GIAPTER 207T4. IICTS Of 1941. ! ' ~ ' ~Y~ . ~ (Sedl) ,
~ ROG:R POITRIIS, Ciak tSccuit Cowt
:z
~ ~s IlgeM bt DANIEL N. KNOwIESr 1R
~ St 4~ae Couab Tax Coikdot
~ ~
~ OEPU~ CIFRK ~
and aqrees: ~ ~
~
1. To make all payments required by the note and this mortgage promptly
when due. ~
2. To pay all taxes, assessments, liens and encumbrances on that property
promptly when due. If they are not promptly paid, the Mortqaqee may
pay them without waivinq the option to foreclose, and such paymente,
with interest thereon from the date of payment at the same rate as
L~ ~peaified in the note, shall also be secured by this nwrtqaqe, and
ao~1~ ~~5~2
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