HomeMy WebLinkAbout1359 ' ~Y ~J . B
} 5 :,1~_t r t_OF~t~+,.~ ~y; /Y
~ t~o^..~~ ~~~r,>~ ~~.r~~~.<c~ r, x ~ .
~
~ = fE8-8'T2 s
` . ' • _ ~ y _
~ o = ~ ~-.si~ 44~~ MORTGAGE 3y,sY
V . ~J -
0[~LGF Cc;lt'~E
P.8.~9oi~2 - -
Alfred Norman. Jr. a~d Deaage Norman, his wife
herein "Mortgagor", whether singular or plural, in consideration of conveyance of real property here-
inafter described by VENTURE OUT IN AMERICA AT ST. LUCIE, INC., herein "Mortgagee",andto
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 21st _ day of ~Y
A.D. 19 ~l, conveys and mortgages to the said Mortgagee its successors and assigns the real proper-
ty in St. Lucie County, F lorida, described as follo~vs:
Condominium Parcel: Lot # 33 of VENTURE OUT A~ ST. LUCIE, 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. Florida.
As provided for by the Condominium Act of the Statutes of the State of Florida (Chapter ~
711, Florida Statutes 1965, et seq.), said description in this conveyance includes, but is not ;
limited to, alt appurtenances
to
the Condominium Parcel described, including the limited s
common elements assigned thereto and including the undivided interest in the common ele- '
ments of said Condominium. '
THtS IS A PURCHASE MONEY MORTGAGE
As secu~ity for the payment of the promissory note of which the following is a copy:
~
• ~
' S - 9:587 . 50- ~r, s..cn. Fior~a,. - ~ - Ha~Y._. ~9 71 J
~ - - ,
? For value r~c~iwd, 1, w~, or ~ithar ot us promise to pay to tM ordK of ~
VENTURE OUT IN AMERICA AT ST. LUCIE, INC. atJ~nsen 6esch Bsnk. Janaen Bes4h. Flor'da.
~ Nine Thousand Five Hundred Bighty-Seven and 50/100. . . . , . . . . . . . , . , . • • • Do~~sn.
~i tMwmoi......_.- - - ~
n
F' ' wvat~e ~n 59.-----. _~w.~ conssa,tn?. mootn~y ~nstaum.ncs ot S__....159..79......----- ~~ch snd_.....---4I1l3.-_---_-- . ews~ cornacu~~w
y lSth ~
month~y insts~~ments ot S._...~.54_..$9 aach, tAe first irxtallmtnt to b~come Paysbls on tM-••--•---••lSth day oi
a July 19 71.. and one wch installment to b~com~ du~ and p~yable on th~ day of ~
Q - . _ .
U ;
exh suttsedin9 month until the whole ot said indebtness is paid, in full, with incK~st ~t ch~ rn~ of 10 p~r cent per annum ~fter defsute.
W ~ It iSa9 reeG that ttme It of th~ ~ss~nc~ of tAit contrict inG th~t In tM ~vfnt Ot d~f~ult In p~yen~nt of iAy Init~llm~nt t0? ~ p~~lOd Of thl~ty d~ys tM
Q ~i holAK of lhls not~ may, at its optlon, declar~ sll th~ nmatnMr of sald NDt tlu~ snd coll~ctlbN and anY fallur~ to ~x~rcls~ sald optlon sASll not constl•
Z ! tut~ a walv~r of t~~ rlqt?t to ~x~rcls~ tn~ sam~ st ~ny otf»r tlrt?~. In tM ~v~~t of tl~t~ult In paymN?t ot thls ~ob anC If th~ sam~ Is plxed i~ th~ hands
_ 1~ of an attorn~y tor couectlon. 1, w~. or ~Ith~r ot us, agrw to pay all costs o1 colNCtbn. IntluAlny a r~asonabN sttorn~y's /N. le us~ D+Ym~nt snsu not
F ~ b~ madt at mstur~ty, th~ m~k~rs, sur~tlts. ~nd ~ndo~rs, 1oInt1Y and s~v~rally sgrM to anY ~xt~r?stons w r~n~wsls wlt~out furtn~r notlc~. Dlnalny our-
] sNv~s tor payment Mrwf, ss If no extenstons ot tlm~ or forDUranc~ of paym~nt AaA Wtn ma0~ o~ gnntW.
0 1, O? w!, ind NCh Of ut wh~th0~ pllntlpit. tu~fty, qui~intOt. ~f1dOR~1, o~ atM? party her~to, iqrN to b~ Jolntly and sw~rally Dou~C. 1, Or w~, f~th
~ W ~ furthtr wafw CemsnO, prot~st, and notk~ oi Mma~d. Drot~st, aod noo-psyrt~t.
f j ~ Given undK the ha~d snd s~sl of asch p~rty.
~ W ~ ........47..~._6ast....Pax.kway..,...St.u~axt..,. F_~a-Aa K494_ S1 - - - - .P'~-~ r ISEAI) '
>
NO._ _ S/ JR!I!ft'L~+fL... ISEALI ~
Mortgagor fully warrants the titte 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 ihis 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 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 reasonably incurred by the Martgagee because of failure of the Mortgagor to ~
comply with the agreernents 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 the same rate as {
specified in that note, shall atso be secured by this mortgage. :
i
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 opiion of the Moriga- '
gee and Mortgagee 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. ~
n . , : ~ ~ C(~14~ ~ M1'MfMT OF TA ~ Q QX ~A~f W
- ~ , - ~
~ ~ J3~1. AC1S Oi t;.
ROliEH POIiI~ Gerk GrcyK ~rt St. lw . .
_ ~•1
- ~ - - ~
~ ~I _ }