HomeMy WebLinkAbout1362 . ~
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- o _ F~~-e72 M O R~ G A G E i~~i~~~•~ _ j S'
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V~ L[:T.CFfi".i..uf - !
P.B.~9o~~: - _ ~
a/k/a Betty Jean Stover
~lilliacn D StJVer and detty J Stover /his wife
herein "Mortgagor", whether singular or plural, in consideratio~ of conveyance of real property here ,
inafter described by VENTURE OUT IN AMERICA AT ST. LUCIE. INC., herein "Mortga9ee",andto
secure payment of the balance of the purchase price by Mortgagor obl+gated to be paid, as evidenced
by promissory note fully identified herein, hereby or. this lOtn day of _ N~ve~nber
A.D. 19 ~l , conveys and mortgages to the said Mortgagee its successors a~d assigns the real proper
ty in St. Lucie County, F lorida, described as follows:
Condominium Parcel: Lot # 43 of VENTURE OUT A f 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 p~ovided for by the Condominium Act of the Statutes of the State of Florida (Chapter
~ 711, Florida Statutes 1965, et seq.1, said description in this conveyance includes, but is not
limited to, all appurtenances
to
tFie Condominium Parcel described, including the limited >
common elements assigned thereto and including the undivided interest in the common ele-
ments of said Condominium.
i
THIS IS A PURCHASE MONEY MORTGAGE
As security for the payment of the promissory note of which the following is a copy: ,
.
9 093. SO No~mber...10' ~g 71 `
cj S.. JMS~n BNCh, Fbrida.
? For va~ue r~csived. I, we, or eith~r ot us promise m pay to the ordar of ~ ~
R~~~~T
JRE OUT IN AMER ICA AT ST. LUCIE, INC. at Jer~sen B~kBsr+k. Jeruen B~ach, Fionda.
J~~ 1;ine T a~d Ninety-Thzee and SO/100. • oaian.
.
the sum of . . . . . - - . . . _ _ . _ . ~ •
; Y51. 5S one
~ I Pavawe _ 59. - ec~,.i co~aea,ctie ~,o~tnty ~nstallm~ntsof S - - ~ach and . _ _ equsl conucutrv~
' mo~tn?y installments of S ~.-~~.•.Q.~-- ~acn, tne t~rsc irxtsum~nt to bscomt wvsWe on ttis..-- 15th.. dav ot '
¢
, Q llec.e,Aize= 19 7.1 _ and «,e wcn ~nnsument co escom. du. sne wraa. on tne .___.15 t h_ . aay or
z ~ each succeediny month until the whote ot Said indebtnesa is psid, in fu11, w+th interest st tM rat~ oi 10 pN oent per snnum ~fter default.
' w
~ It Iss9 reed tnat time Is of tM ess~nc~ ot t~is contract an0 that In tM wN?t of Ctfsult 1~ p~ym~nt ot any Installm~nt iw a Wrlod of tMRy OaYS tl?s
i Q no1dK of thls note may, st its optlon, d~clara a11 tM rematrW~r o1 sa1C ~bt Ou~ aod tdl~ttlbq sntl any fatlur~ to ~xtrNs~ sala oOtlon sl?a11 not constl-
Z tute s wslrer oi t~e rlqAt co sxNClse the sart?e st any otMr tlme. 1~ tM ~v~nt of dsfault In D~Y~t of thls nott a~tl It tM sam~ Is D~~a the hsnas
_ _ : of an attorrxy tor co~~ection. I, vw, or sfther of us, sqrN to psy a11 costs ot col~~ctbn, Includlnq a ~MSOn+b1~ sttorrny's tM. In tas~ DiYment sAa~~ not
~ ? W matle st maturity, tne mak~?s, suretl~s, and ~nOO?ssrs. ~olntly snG s~v~?s11y ayrN to any ~xt~r~stOns w r~nhwsls wltl?out furtM~ r?otlt~. Df~Atnq our-
sNvas tor payment hereof, as If no ~xtanslons ot tim~ or torWaqnu of psymN+t Dad bMe mad~ or y?antW. ~
~ ~ j~~ 1, or we, sntl ~ac~ of ut wh~t~~r D?Inc~W~. surety, gWrantor, eodOrt~r, or otM~ party Mr1to. igrN to W jolotly and sev~rslly bound. 1, Or w~, esch
! further waiw OsmanO, protest, and notice oi tlemanA, prot~st, snd non-paymtnt.
H z G~ven under the hsnd and sea~ of each psrty. -
t ~ . . ~ ~
; ~ ?ylts \uric:: Drive, Chattanooga, Tenn. S~ f ~ ~ ISEAu
- z . _ . _ _ . _ _3~''/..il..'.'~ . c. .
- _ .
s j ,t ~i74d~_... - Add~~ss ~
~ + Si ISEAII ~
~ ~r NO.._ _ _ .
~
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, Mortgagor fully warrants the title to said tand and will defend the same against the lawful claims
~ of al! persons whomsoever, and agrees:
~ 1. To make all payments required by that note and this mortgage promptly when due.
~ 2. To pay all taxes, assessments, liens and encumbrances on that propert~,r 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.
z`;
3. To commit, permit, or ~ffer 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 agr~ements in that note or ihis 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 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 mortgay~ other than the agreement to make the payments is breached, the en-
tire unpaid principat balance of that note shall immediately become due at the option of the Mortga-
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.
i.;
~j ~ ~~f /at t~-
nECE1VE0 1~ PAYIAOR OF iAXES
~ ouE oN aus ~ iKriwc~ei.E ro~so+w~ ?~o~~+n,
?URSt1A1fT TO C!{APTEIt 71-134, ACiS Of 1971.
. R1,~.~ Po~rw?~, ck~k c+~ c~~, s~ ~ a. 64U1~ 199 ~~.361
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