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Home My WebLink About1356 ` W' ' ~ 5 1 f ~v ~ECfiVED ~_-~_J_"~~. I~A1fNENT OF TlUfE1 3~ . C.' ~ puE oN ~U?~S u~tT~~tG~elE P~o~t P~o~ERn~ M O R T G A G E ~rr~wwr To awr~x n•~~, ~crs o~ i~~l. ROGER Pp1iRIlS, C1~~F f. rcui~ G?uA. St. luti~ C0. f{i, ~ nonald(:~ tiayden and Aqnes R. Hayden, his wife herein "Mortgagor", whether singular or plural, in consideration of conveyance of real p~operty here- inafie~ described by VENTURE OUT IN AMERICA AT ST. LUCIE, INC., herein "Mortgagee", and to secure payment of the balance of the purchase price bv Mortgagor obiigated to be paid, as evidenced by promissory note fully identified herein, hereby on this 16th day of aPril A.D. 19 71 , conveys and mortgages to the said Mortgagee its successors and assigns the real proper- ty in St. Lucie County, Florida, described as follows: Condominium Parcel: Lot # ~S of VENTURE OUT A~ ST. IUCIE, INC., a Con- dominium, according to the Declaration of Condominium thereof recorded in Official Re- cords Book 189 at page 1677, et. seq., of the Public Records of St. Lucie County, Ftorida. As provided 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 inctudes, but is not limited to, all appurtenances to iFie Condominium Parcel described, including the limited common elements assigned thereto and including the undivided interest in the common ele- menis of said Condominium. ~ r THIS IS A PURCHASE MONEY MORTGAGE As security for the payment of the pror~ysory note of which the following is a copy: ~ z ~ s..._ .8,84U-.OQ_.. s..~n. Florid~.....-----,-.---..r~pYil .lfa,- _ ~s _71 - For value nce'md. 1. v~, o~ tither ot us promiss to pay to tM ord~ of i; VENTURE OUT IN AMER ICA AT cT LUCIE,~ ~ st Jerwn B~scA Bsnk, Jensen Beach, Florida. ~ .;iqF~t Thousand hight Hundred ~?nd Farty.&.no/1 • ~ ~ the wm of - - - - - - . - . . Uollan ~ 59 147.3~ ~ . . , one PsYable in sl coruecutive monthly installm~ts oi 5---.----.-••-...-•----•---•-_---.. aacA and equsl co~secutrw 14I~. 5s- e~n, the first irstsumK+t to b~come vwaW~ on uu.._._....._.5~h ~y moothly instaltments of S. . day of Q Q i . ...._.....:~l~tl~.-.- . . _ t9 . ..71. aed one wcA irxtsNment to Gscomectu~~nd p~yabl~on t1».------.-- 5th.. - . . day ot U ! ~ exh sutteedinp month until the whole of said i~dabtr~ea es paid, in full, with int~nst st th~ rn~ of 10 pe? qnt per annum ~ftK default. w ~ , It iSag raed that tim~ Is of th~ ess~nce of t~ls cont?acf ana tAat In th~ w~nt ot d~Tault In payrt»nt ot any IMtallrttM! fOf a pN104 01 thlrty t~ys th~ - Q holWr of thfs ~ot~ rt?ay, at Its optton, declars a11 t~e remalnd~r of sald dWt tlu~ ~nd coll~ttlbN and any fallur~ to ~xKC{s~ saiA optlon fhstt not co~sti• Z f( tuta a wa~ver of tne rJy~t to ~x~rcls~ the fsme st any oth~r tlme. In tM rr~nt of default In paymMt of t~ls ~ot~ and f/ th~ samt Is plsc~0 (n tne hanOs I, oi an attorMy for coll~ttlo~, 1, w~, or Nth~~ of us, aqre~ to psY all costs ot collKtbn, Ifltludln4 a rqsonabN atto~My'f tN. In us~ paymtnt sna11 not ~ r be msat st maturity, tM msk~n, su?etl~s, anA ~rnfors~n, Jolntly and s~vually aqrN to any ~xt~nsloDS o~ r~mwilf wRl+OUt furtAtr notlce, a~ain9 our- ~ ! f~lves tOr paym~nt h~rwt, as H rq extanslons of tim~ or rorbu~anu ot paym~nt nad D~m ma0~ or yrantb. p ~ 1, or w~, and ~acA of us wh~th~r prlnclpal, sur~ty, 9ua~antor, ~ndOrs~r, or ot~~r p~rty h~r~to, aqrM to D~ jolntly and sev~rally ~ound. 1, or wq eaCh : W furtna~ walv~ deman0, prot~st, and notlc~ of Mm~nd, protKt, a~d norfpaymint. ~ tt Given undar the hand a~d Sea1 of each p~rty. z _28 _Shady_ tiollo~_:.. Dearborn, --i~iichigan_ sr' _ r - - ~ ISEAL) ~ ~ ~ - - > 4~1~j4 AddrKS ~ t~ NO--- . . . S/ L ISEAIi f - - - ~ ~ Mortgagor fully warrants the title to said land and will defend the same against the lawful claims ~ of all persons whomsoever, and agrees: 1. To make a(1 payments required by that note and this mortgag~ 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 Mortgagee may pay ihem withaut waiving ihe option to foreclose, and such payments, with interest thereon from the date of payment at the same rate as specified in ihat noie, shall also be secured by this mortgage. ~ 3. Ta commit, pe~mit; or suffer no waste, impairment or deterioration of the mortgaged property. 4. To pay all expenses reasonably 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. Th~ cost thereof, with interest thereon from the day of payment at the 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 immediately become due at the option of the Mortga- gee and Mo~tgagee may foreclose this mortgage in the manner provided by law, and have the mortgag- ' ed property sold to satisfy or apply on the indebtedness hereby secured. • f . , ~ s s~~ ~99 ~ 1355 s