HomeMy WebLinkAbout2818 o~
:~y. ~ 9
c r
~IY@ ~ IN M~IENT OF TAXEI M O R T G A G E 224~'`'
ouE oN cuss ~c iNr~ncie~E ~asoNU ~~tRtw 9
PURSIIANT TO CHAPTER 71-134. ACTS OF 1911. ~
R06ER POITRAS~ CNrk G~wft Cour1. S! lurie Oo. fla.
Joseph Caruso and Marjorie A. Caruso, 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 27th day of ~Qcomt~er
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 fcllows: '
~
i
Condominium Parcel: Lot # 67 of VENTURE OUT A f ST. LUCIE, INC., a Con- ~
~
dominium, acco~ding 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, all appurtenances
to
tFie Condominium Parcel desc~ibed, 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:
~ Uecember 27, 1971
. . - t
i S--12 , 347 .10 .Jsruen B~acn, F~o.ida,
~ -
? ~ For vslue receiwd, I, vw, or eitMr ot us promis~ to psy to tM orda of
W j~ VENTURE OUT IN AMERICA AT ST. LUCIE INC. stJ~ruenBsschBsnk.~e~seoeeacn.Fio?+da.
~ li Ttivelve Thousand Three Nundred Forty-5even and 10/100-----------------pousn,
~
~ the sum o . .
- - _ -
'i 120
y I~ paysble ~n eW+al cor?secutiw monthly inatallm~ntsof S--•------ 0 2• 8
9-----~----. .acn,nd n one - eQ1„i co~sea,t~w
~ II monthly i~stallmencs of S_ qOrie oach, the first instsllment to b~corn~ WYSble on tM.___..--•---..lSt~?---.. day ot
Q - -
Februar 15th d,y of
' • --.._..__Y _____.._.,19_7.2-----.andonswchinstsllmenttob~com~dwaMpsY~bl~ontM-------------------__.--.-.-.__ ~
-
v.1~ p~Cb woctedinp month until the whole of said indebtnea is paid, in futl, with iMU~st at tM rat~ of 10 p~? osnt per s~nurn sfter defsult.
~ ~ ~
~,r It IS~~ tAat tlrta Is of th~ Ks~nc~ of thls tOntract ~~fA tNat In tM ~v~nt of d~f~ult In piyRNnt ot any Inttallm~nt for a p~rlotl oi thlrty Aays tAe
~ Q ~;r6lLer f tfS1f not~ may, at Its optlon, declar~ al~ th~ r~mslnMr oi sald WDt Ou~ and co11~CtIDN snd anY tallur~ to ~x~~clf~ saltl optlo~ shall not co~stf-
' z.-~I L~tutra ~Ivet~f the rl~ht to ~x~?tts~ th~ ssme ~t any ot~~r tlrr». In tM ~r~nt oi Mfauit In psym~nt of tl?If not~ snd if t~~ ssm~ Is plsced In th~ hands
€ F~~of itt0~ for coll~ctlon, 1, w~, or ~ItMr of us, aytN to p~Y ~~~s ot ColNttbn. IMludlny a~MfonaW~ stto~My'f 1N. In us~ D~Yment shsll not
p~ tfj~1s m~rtty, ih~ mak~n, writlts, and ~ndors~~s, )olntly and s~vaallY ayrN f0 a11y ~xt~11fI0r1f O~ 1MNwalf W!tIWYt 1Y~t11N tl0tltl, bintllnq our-
~ ] sNvW'yor y~w6nt ~MOf, ~s H no externlons o! tlms or forDur~nu of payrMnt hsd D~n maW or y~sntW.
i ~ ~ ~,t/~vw, a~rid ~acA.ot us wf~~tn~r prlnclpal, sur~ty. guarsntor. ~ntlorNr, or otA~r party ~~reto, s9rN to D~ )otntly and fw~ra~ly bound. 1, or we, escn
~ W tuNnerfi/~ir~ WmanA. Drot~st. and r?otic~ oi O~msnd. Protest, anC non-paY~~-
j;, +Giv~0.undir tM hand snd s~a1 of each psrty. f ~
3 Z li ~O - w.i'.~P.~~ngton Ave,..,... ScheneCtady aar
~s'. ' S -`1,---=--~•-•-- ._u~. _ ISEAU
~ > ~ 12305 ~ ~ '
~ NO.-----..... . _ ~ ~ - - - . - ISEAU ;
~
~
~
~ IG~ertgagor fully warrants the title to said land and will defend the same against the lawful claims
~ ~ of all`~rsons whomsoever, and ag~ees:
~ t~ -
1. To make all payments required by that note and this mortgage promptly when due.
~
~
~ 2..Io 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
th~t no~e, shall also be secured by this mortgage.
.
r 3. To commit, permit, 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 atto~neys' fees and ;
titie searches. The cost thereof, with inierest thereon from the day of payment at the same rate as
;3 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 p~i~cipal 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 taw, and have the mortgag-
ed property sold to satisfy o~ apply on the indebtedness hereby secured.
~'t
.
S1~i1~ t ~F t=LUR1UA
c~ },r.. QOCliME`JTA~". STI~i~P TAX
z - t~ R 199 281?
~ ~ = ff825'72 ? ` ^j1 _ 6Cr~x PAGE
o = ~ ~6~= -
_ ~ = "
tn V otar.~s ~tvF~~t L
~,»o~~t -
- - _