HomeMy WebLinkAbout2911 /
2'~ 451~ 'r c v
5 it~f~ ~F r=~__OF~IU~? ~o. ~ ~
~ ~ ooc~~;~E~,~n~:~'= stn~nP -rAx
' Z _ _ i..~.y.~~_ /`J` ~3~~-
=fE8Z8'~Z _i15~5; MORTGAGE "
=
~ ,
!n V Y[~t.M RIMittY[-~ ~ ~
.p,~ l~ 0112
James Artnuz wetmore a~d Lucille Alice Wetmore, his wife
,~K/A J~ynes A. ~MTetmore, e ux, uc e. e more
herein ' rtgagor , whether singular or plural, in consideration of conveyance of ~eal 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 Mortgagur obligated to be paid, as evidenced
by promissory note fully identified herein, hereby on this 28th day of __December
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 follows:
Condominium Parcel: Lot # 59 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 provided for by the Condominium Act of the Statutes of the State of Florida (Chapter
711, Flo~ida Statutes 1965, et seq.1, said description in this conveyance includes, but is not
limited to, all appurtenances
t-
o e Condominium Parcel described, including the limited •
common elements assigned thereto and including the undivided inte~est in the common ele-
ments of said Condominium. .
THIS IS A PURCHASE MONEY MORTGAGE -
k
As security for the payment of the promissory note of which the following is a copy: " .
~ DeG~nber. 28 ~~71
. ~ O 09d. 35 _ .1ens~n e~xh, Florid~. . .
v I; s-- 1~~--~
A _
? ~ ~ For value rxeived, 1, w~, or either ot us promis~ to pay to tM ordw of - A A 7. '
. 1
W~I VENTURE OUT IN AM~RICA AT ST. LUCIE, INC. atJensenBsech'Bank.JensenB~ac~.9+w~~ta. ~
Ten Thousand Ninety and 35 100-------------------------- a~~
~Q'T`~dJ7o . ~
~ 'tl the sum of _ . . - _ . _ . . - - ~ .
~ ~I PaVablein_-120_..._...__--._equsltoruscutivemonthly~nstallm«~tsofS----~4•0~ - ~achand..._..n~~e..:,.J/ rseca~t~v~
N - - °g'f~~-
~ ;i monthly insiallments of S._(1Pn~_. each. the first inst~llrt~ent to beooms Paysble on the.-•--•--.... . St~:....~ _.,.ilajhof
a Sth
.._...._....,,......r.. , ~ldavut
Q ; __Eebruaxy.... _....,19_72.... andonewchir?stallmenttobecomsdwandWVabbonth~....__. .
u f ' ~
, ~ eacA wccecdinp month until the vrhole of said indebtnes3 is paid, in full, with in[srat st tM nte of 10 per Cent per snnum shtr d9~Y~l~t~~~~,,
' W Il IS ayt!!d lDit lirtN IS Oi th! KS~f1t~ O? thli COOtfiCt iDd tA~l 111 tl~~ ~tlMl O~ MhWL ID piyfMfl~ Of ~Oy Iflfta111nM~ f0~ i p~f10O Of 1111fty diyl thf k
~ Q II hO1W? Of thls not• msy, at its opUon. Wc1an all tht remslnWr of satd d~bt du~ antl coll~ctlW~ and anY fallun to ~x~rcls~ sald optton snail not constl• _
I ~I tuN a w~lvl~ Of tnf ~Ig~t t0 ~xNCfSA th~ fima it irly Ottlff flTf. In tM ~v~nt Of OdiWt In DaYrtNM Of IhIS IfOi~ ~nd 11 tD~ fimt If p1iClO 10 tM h~n~ ~
; ? j; oi an attorn~y 1or collectlon, 1, w~, or ~Ith~r of us, aqrN to pay all costs of coll~ctlon. Includtnq s r~sonabN attwn~y's tN. In ps~ psYmsnt sna11 not ;
I be maAe at maturlty, the mak~rs, sur~tl~s, a~A ~ndo?s~rs, ~olntly and sw~rally a9rN to ~ny ~xt~nstonf w ren~wsls wlthout furth~r notlu, btndlnq our- ;
f ~ SNvas fOr DaYment htr~Of, ss If no ~zteoslons oi tlm~ o~ torb~aranc~ ot Osym~nt had bwn mad~ w yrsnbtl. ;
i: 1, or w~, snd ~x~ of us wh~tt~~r princlpal. sur~ty, quarsntor, ~ndors~r, or o wnr n.r•~o, agrM to bt jolntly snd sw~rally bounA. 1, or we, eacn .
i ~ further walve OemanG, prot~st, and ~otlc~ of d~msnd, Drot~st, and non-payment. •
~ ? Given under the hand snd saal of eath party. / ~
r- 30t3 r.a_stmorela.nd...Dr..~.- N.._uregon, Ohio SI Lf L)
; ~ -
~ w ,3_......- Addr~ss / -
:
. > , ~
Ii NO... _ . . Sr ~.4!~..~i... K G~~-fs~"t-~-ISEAL) ~
~ -
~ -
~'r~ . .
~ `
Mortgagor fully warrants the title to said land and will defend the same against the lawful clairns
~ of all persons whomsoever, and agrees:
~
~ 1. To make all payments required by that note and this mortgage promptly when due.
~ ' ~
2. To pay all~'~es, assessments, liens and encumbrances on that property promptly when due.
R :j~,;.t:y : ,:"Y,;. ~R
`3~ If they are not protfiptly~paid the Mbtt90~~ may pay them without waiving the opiion to foreclose,
~ and such payments, with int~~est tF'te~m the date of payment at the same rate as specified in -
= that note, shall also be secured ~y tMt~~ilMge.
~
~ 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 attorneys' fees and
title searches. The cost thereof, with interest thereon from the day of payment at the same ~ate 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 make the payments is breached, the en-
= tire unpaid principal balance of that note shall immediately become due at the option of the Mortga-
+3 ee and Mort a ee ma foreclose this mort a e in the manne~ rovided b law, and have the mort a
9 99 Y 99 R Y 99-
ed property sold to satisfy or apply on the indebtedness hereby secured.'
- • • • ~ .:j~
~
,
. . ~ •
a0Rr:17~.3 iAGE~~~