HomeMy WebLinkAbout2815 IN PAYMENT ~ T~a D ~
WE ON CU15S'C INTM161BLE PER90NAL Pa0PER1Y. J
PURSUAt1T TO CHMTER 71-134. ~~971. 2M445~ ~ c.~Ss
~pgf,R POIiRAS~ G~ Gradt Cowt St luw C
o. R L M O R T G A G E D
Carlton C. Deats and C:arolyn R. Deats, his wife
herein "Mortgago~", whether singular or plural, in consideration of conveyan~e of real property here-
inafter described by VENTURE OUT IN AMERICA AT ST. ~UCIE, INC., herein "Mortgagee",andto
secure payment of the balance of the purchase price by Mortgagor obligated to be paid, as evidenc~d ~
by promissory note fully identified herein, hereby on this ~oth day of Dpcpmt~?~
A.D. 1971 , conveys and mortgages to the said Mortgagee its successors and assigns the real proper-
ty in St. Lucie County, F lorida, described as follows:
Condominium Parcel: Lot # 138 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 F torida IChapter -
711, Florida Statutes 1965, et seq.), 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.
THtS IS A PURCHASE MONEY MOFiTGAGE ~
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As security for the payment of the promissory note of which the foflowing is a copy: ~
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v ,-$7.3..75------- ~wo BMCh. Florid~. D~C~.IDbex....~0., _ t9 71 ~
? For wlw r~uiwd. 1, vN, or ~ithK of us Promi~ m WY to tM adN of F
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VENTURE OUT IN AMERICA AT ST. LUCIE, INC. atJ~npnBNthBank..J~~enaeach, Florida. ;
~ Six Thousand Eight Hundred Seventy-Three and 75/I00------------------oaian. ~
~ I the wm of
y ! wvaa. ~n 60--...--~~ .a+•i con~.w~~v. momniy insc.itm.nu of l....~~.~a.~k...-•---....._ ..~n.~a--- -.....nor~e......._.. ~o~wn,t~. ;
'I ~ I moncn~y u~st.um.nn ot t-------..[10f1~s---------------------- pcn, tM tirst in~tN~m~nt co b~cans wr~b1~ on ch~....-.---........ls.t..-.-.--------- d+v o+ ~
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' Q~.....F.ebxuax.y-- ~s. 72----.. a„d a,. wcn ~~sc.~im.ot co e.co~~ dw.r~d owaw• on tn. ...............ls.t-~----- a~ o~ ;
~ Q ~ ~sch wtc~dinp month until tM wAol~ of nid ind~btr~ is paid. in full, with iM~nst ~t tM rst~ of 10 pa ant ptr ~nrw+n ~ft~r cMf~ult. :
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~ ~ It tis~r Nd t~at tlm~ If of tM ~~c~ of thls contrsd and LMt In tM ~vMt o1 Wiault In p~ymMt ot a~y Inst~llm~nt fo? a p~rlod af t~lrty days tM
Q I holOK oi thls not~ may, st Its optlon, dKtar~ a11 t~~ rtmalnWr of sald dbt du~ ~n0 Co1NCtlbN and ~nY fatlur~ to ~xNClf~ s~ld optlon fl~sl~ not constl• ~
Z ~ tut~ a wa1rN oi tM rlybt to ~xKClt~ t~~ sim~ at any otM~ tlm~. In tM ~v~M of dNault In paymMt oi t~ls not~ and if th~ sam~ Is pbc~d In th~ hands
~ I; of sn sttornty tor colqctlon. 1, w~. or NtMr of us, sp~N to paY ~II costs of colNCtbn. Inttudlno a rNwnapN atton+~y's fN. 1~ qs~ D+Ym~nt snan not
4 F b~ maO~ ~t msturlty. th~ m~k~rf, wr~tl~s, ~nA ~ndo?f~rs, lantly s~O s~vNallya~~ t0 any ~xt~MIW1f Or tNNw~lf wlthOUl furtMt notlt~, bindlnq our- 5
sNr~s to? psymMt Mr~of, ss If ew ~xt~nstons of tIrt?~ w forb~aranu of paym~nE D~d bMn m~W or ~rsnt~A. e
~ ~ i 1, or w~. and ~acn of us w1~~tMr Qrl~?clpN, wr~tY. yuar~MOr. ~nAon1~. O? otMt p~rty AM~to. aqrM to W lolntly an0 s~v~rally ~ound. 1. or v~n. ~ach
W further wslr~ dsman0, Otobst, anO ewtle~ of Mmand. protqt. and noi?payma~t• ~
F Q Oh~n uod~? tM hs~d s~+d aN ot Mch p~rty
~ : Z 37821 Carson Farmin ton Mich Si ~ /~~~~~ISEAL)
~ --~----....---~~-------~----------g~--------~--------------~' :
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, j,•' 48024 Aaar~ss S/ / ...-----/~-:..~~.v~........ _ . ISEA~I
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~ ~9 Mortgagor fully warrants the title to said land and will defend the same against the lawful claims
~ ; of a!t persons whomsoever, and agrees:
~ 1. To make a!I 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.
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~ If they are not promptly paid the Mortgagee may pay them without waiving the option to foreclose,
and such payments, with inte~est thereon from the date of payment at the same rate as specified in ;
that
ote, shall also be secured by this mortgage. ~
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3;'fo commit, permit, or suffer no waste, impairment or deterioration of the mortgaged property. :
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~ 4.~To pay all expenses reasonably incur~ed by the Mortgagee because of failure of the Mortgagor to
comp~ with the agreements in that note or this martgage, including reasonable attorneys' fees and
title starches. 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
- afiy 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 Mortgagee may foreclose this mortgage in the manner provided by law, and have the mortgag-
ed property soid to satisfy or apply on the indebtedness hereby secured.
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