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MORTGAGE
i~.~~+~
GHARLES W. ROBERT50N AND WIFE, PHYLLIS A.__ROBERTSON
herein "Mortgagor", whethe~ s~ngular or plural, in consideration of i •~yance of real property here-
inafter described by VENTURE OUT IN AMERICA AT ST. LUCIE. herein "Mortgayee", and co
secure payment of the balance of the purchase price by Mortgagor obligated to be paid, as evidenced
by promissory note fully identified herein, hereby on this lst day of Jar.uark
A.D. 19 71 , conveys and mortgages to the said Mortga~ee its successors and assigns the real proper-
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ty in St. Lucie County, F lortda, described as follows:
Condominium Pa~cel: Lot ~f 129 of VENTURE OUT Af ST. LUCIE, INC., a Con-
dominium, according to thz Declaration of Condominium thereof recorded in Official Re-
cords Book 189 at page 1677, et. seq.. of the Public Records of St. Lucie County, Floriua.
° As prov~ded for by the Condominium Act of the Statutes of the State of Florida (Chapter
711, Florida Statutes 1965, et seq.l, said description in this conveyance includes, but is not
limited to, all appurtenances
to e Condominium Parcel described, including the fimited i
common elements assigned thereto and including the undivided interest in the common ele- r
ments of said Con~ominium. r
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` THIS IS A PURCHASE MONEY MORTGAGE
s
" As security fo~ the payment of the promissory note of which the following is a copy:
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~ s 8.,.8.40_._0.l~---.... .J.ru.n s.,cn, Fio.~d,. ...JanuarY--.1-: ~ J `
~ L For vaiue ~~cs"rved, 1, wt, or eitMr of us promis~ to pay to the ordtr of ~t"
_ ~ . ~
- VENTURE OUT IN AMERICA AT ST. LUCIE, INC. sc~.r~e~sescn 8~•~~iens~~ea~n.F~or~da: '
^ tnewmot.... Ei.g~?.~.-.~1?4.Li.S.d.i~d_~_..~.~.y~.~_-!?.i~.i1.4~.K_~.4~....~Q.~ty---~Ild...I1o~100_----.-_----•.-~~._;... ;IDot~a!Y:
- -s : - -
. PayaDle m . ~h ~nd...... 1.._........'~._+d+s1 c~ecutir~,
' `.~.9.. ew+a~ consec~tive mo~th~v ~rutsume~ts ot S_14~.a.33...... ~
y instauments ot s 14~... `.~3 exh, tAe first irn[allment to becorr~ paYSbl~ on tM._....... . Z~~.Yl---•---••-----.__._..._.....c~,a?f
monthl
,
~ Februar.y.--..._ t97.1_...--- u,d or,e wcn ~ruta~tment to becom~ dw and pavab~e on tns ...2.~ th . d+v ot .
~
~ _ each succeediny montA until the whole of said indebtness is paid, in iull, with inte~~st st tM r~te of 10 p~? cent per annum sfter deiwlt: ~
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j It IS iy~eetl that tlme IS of the essence of thls contract anA lhst in tn~ w~nt Of Oefault In payrn~nt Of any Intt~llm~nt for ~ p~rlod ot t~lrty O~yf th~ ~
~ - nolOa ot this note may, at Its optloo. QeUare an tne remainOer ot sa1C Oebt Aw antl co~l~ctlD~~ snd any fallur~ to exerUSe sa1C oDtlon snan not consti• ;
7 tut• s w~iver of !he Nqht to ezercise ihe same st any ot~er Ume. In th~ went of Cetault In Dayment Of thls note antl 1f tne ume is D~acetl in t~e h~ndi _
- ot sn sttorney for col~ect~an, i, wa, or either of us, aqres to pay a71 costs of co~ieCtion. Intlud~nq ~ rtasOnabN sttorn~y's fes. I~ casa D~Yment sna~~ not
- p! mada at m~tu~ity, t~e m~Ken, Su!!t~lS, anA entlOrSl~S, {olntty sntl uversl~y aqree to any ~xbnslons or r~~ewalf wlthOUt turthlr nOtiCe, binOfnq Out-
selv~s Ior oaymsnt hsreof, as it no e.tansions of time or torpearance ot payment nad D~en maM or qrsnt~G.
~ 1, Or w~. and each ef us w~atMr princiPal. surety, gwrantor, enOOner, or otner party Mr~to, ay~N to D~ ~olntly ~nd f~wrauy Ooun3. i, u~ w~, sacn
~i ~ furth~r waiw tleman0, D~otest, anA notlc~ of tlemand, proteit, and non-OaYr?Hnt.
Gw~n undtr the hand and stal of each psrty.
z l?.89-6-...Cha.nnel---View._~r.iv.e------------- S~ ..._Charl,es...k~..._.RQber.tson.. _ tsEAu
; ~ ~?aar~ss
> Spring Lakes , i~ii . si Ph •
. r,o..~2.g. _ - ~.~.i.s. .A.~. .Rober.tso~. - _ ~sEnu
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Mortgagor fuify warrants the title to said land and will defend the same against the lawful claims
of all persons whomsoever, and agrees:
~ 1. To make all payments required by that note and this mortgage promptly when due.
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- 2. To pay all taxes, assessments, liens and encumbrances on that property promptly when due.
If they are not promptiy paid the Mortgagee may pay them without waiving the option to foreclose,
- and such payments, with interest thereon from the date of payment at the same rate as specified in -
that note, shall also be secured by this mortgage.
3. To commit, permit, or suffer no waste, impairment or deterioration of the mortgaged property.
4. To pay all expenses reasonabty incurred by the Mortgagee because of failure of the Mortgagor to
comply with the agreements in that note or this mortgage, including reasonable attorneys' fees and
- title searches. The cost thereof, with interest thereon from the day of payment at tt~e same rate as
- specified in that note, shall also be secured by this mortgage.
5. If any payment provided for in that note is not paid within 30 days after it becomes due, or if
~ any agreement in this mortgage other than the agreement to make the. payments is breached, the en-
tire unpaid principal balance of that note shall ~mmediately becnme due at the option of the Mortga-
gee and Mortgagee may foreclose this mortgage in the manner p.?ovided by law, and have the mortgag-
ed property sold to satisfy or apply on the ~ndebtedness hereby secured.
' PAi~~~
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