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peter E C~sLe?nd Ft ; zahe*h t~s*~_wc~.f~
herein "Mortgagor", vvhether singular or piural, in consideration of conveyance of real property here
inafter described by VENTURE OUT IN AMERICA AT ST. LUCIE, INC., herein "Mortgagee", and to
secure payment of the balance of the purchase price by Mo~tgagor obligated to be paid, as e~ridenced
by promissory note fully ide~tified herein, hereby on this 22nd day of ~uly
A.D. 19~~ , conveys and mortgages to the said Mortgagee its successors and assigns the real proper-
ty in St. Lucie County, F{orida, described as follows:
Condominium Parcel: Lot # 88 of VENTURE OUT Af ST. LUCIE, iNC., a Con-
dominium, according to the Declaration of Condominium thereof recorded in Offic+al Re-
cords Book 189 at page 1677, et. seq., of the Pubiic Records of St. Lucie County, Florida.
As provided for by the Condominium Act of the Statutes of the State of Florida (Chapier
711, Florida Statutes 1965, et seq.), said description in this conveyance includes, but is not
limiied to, all appurtenances
ta
tFie Condominium Parcel described, including the limited
common elements assigned thpreto and including the undivided interest in the common ele- '
- ments of said Condominium.
TH15 !S A PURCHASE MONEY MORTGAGE
As security for the payment of the promissory note of which the following is a copy:
c~ I s--_ti,l$3_5~.1---.. .J~c?~e~acn,F~orida,.._........__...._...,luZy-23',". .t9 71
? ! j For valw ric~iwd, 1, v~, or eitMr of us promis~ to pay to tM oMar of -
VENTURE OUT IN AMERICA AT ST. LUCIE, INC. at~enaer+Beacnesnk,~er~oa~~cn. Fior~da. '
cnes~,mot fil_ght__Thous.~nd__One.,Hundrgd___~nd._._~i ht ~hre~_ and...SQ/1QQ.,....,,.,._._..._,,........ Dollsrs,
~ f} - 9-~- y' . . ' ;
:
' i wvat~e 59 ev„ai cons~a,cNa momnty ~ruisum.nn ot S_.._--.136.,.39.-,.----- .scn sr,d... ..p.n..6... eo~s~ ~o~sc~~rv.
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` ; monthly installments of S-- .1.3~?.+.49.--.---._ wch, the first i~tallm~nt to b~oortN psY~~ o~ tM ~t1 day of ~
I Q „ ~ ~ ~2"~ i
! Q ~ _.-.---5@~i~.~[UbeT.__._._.,19._71....andorrsuchirutsllm~nttob~com~du~andp~y~bl~onth~.----_...._.....__ dayof !
, U ~i
~ ~ ~i esch suaeedirq month until th~ whole of said indebtnsss is paid, in full, with intK~st ~t th~ nt~ of 10 pe? pnt per snrwm sft~r defsult.
~ Q It Isag ~esd tnat tlmt IS of th~ ~sf~nt~ ol t~ls contratt srW thit In th~ tvMt 01 Mf~ult In piym~nt Of ~ny Installm~nt tw a p~r1oO ot t~lrty dsys tM ~
~ hold~r Oi thls not~ may, at Its optlon, Wclar~ alt th~ remalntt~r of sald tl~bt du~ sntl coll~ctlW~ s~d any fallun to ~xt?clf~ safG optlon snsll not constl- ~
! Z ! tut~ a walv~r of th~ rlqMt to ~xKCls~ tA~ same at any otMr tlrt». In tM ~v~nt of d~fault 1~ p~ym~nt of tAls ~ot~ s~tl If th~ s~m~ Is D~Ketl tn t~~ Aands 3
~ O1 i~1 at~OtMy f0~ COItKtIOn, 1, W1, Of ~IIhII Ot YS, lQ~M l0 D~Y ~~~t 01 COIIK[1011• tnuuainq ~ r.ssonaa• auwn.y'f fN. In cis~ p~yment shall not {
€ ~ W mad~ at maturlty, t~~ mak~rs, wr~tbs, anA tndon~K, Joletly and f~vKafly agtN to ~ny ~at~nslons or r~rwwals wftAOUt turtAfr nat~c~, Wnd+ng our- }
~ ; s~lres tpr DsYm~nt If~reof, af If no axtenslons of tlm~ or torDqranc~ of paym~nt nW DNn m~W or gr~ntb. }
! p If 1, or w~, anA Nc~ ot us wh~th~r prlnclpal, sur~ty, qwrantor, ~ndors~r, or ot~K party 1~N~to, agrw to W Jointly ana sev~rally DounO. 1, or w1, each }
I y ;i furtner walrs U~mand, prot~st, and notk~ o! d~mand, prot~st, anG non-psyrrNnt. ;
r p~ ; Giv~n undb tM hand snd fN1 oi o,th p~rty.
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~ z ;I ....422.. W . Leacny... AYe . SP..r i nc~ f ield_,....Pa.~ . S~ . ~j~ , ~---`'1 1sEn~.? '
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; > 19064 naa?.ss ~ ~
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; Mortgagor fully warrants the title to said land and will defend the same against the lawful c~aims i
` of all persons whomsoever, and agrees: ;
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1. To make all payments required by that note and this mortgage promptly when due.
; 2. To pay all taxes, assessments, liens and encumbrancss 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 comm+t, permit, or suffer no waste, impairment or deterioration of the mortgaged property.
4. To pay all expenses reaspnably incurred by the Mortgagee because of failure of the Mortgagor to
comply with ~the agreements in that note or this mo~tgage, inciuding reasonable attorneys' fees and
: title searches. The Cost thereof, with interest thereon from the day of payment ai 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 mske the payments is breached, the en- ~
tire unpaid principal balance of that note shatt immediately become due at the opiion of the Mortga-
€ gee and Mortgagee may foreclose this mortgage in ihe manner provided by law, and have the mortgag-
~ ed property sold to satisfy or apply on the indebtedness hereby secured.
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` • ~ ` ~ P~rw~r oF t~cES 6COK 199 ~ ~3U?
d/f ON CtAS3 C 11~tiANG18tE PERSON~I PRppERir,
' PURSIIANT TO CNMTER 71•13~, ,ACIS Oi 19)l.
ROGEA POR I
RI1S, Ct~t Gtait Ca~lt, SL Lt~aa Cc c~?.