HomeMy WebLinkAbout2920 rti~
~
~ 0 ~
-2 / IM ~ ~All' ; ~ ~
tM~~",18LE 191L ~?t~, M O R T G A G E ~ s-
~~t~1'~0 dMPSER 11•1~1~ A ~ ~ .
,~t'°'u''s' a"``' °`~r? ~/,3 . 9 ~
ok his wife
tuo as, e ux, ris u as
herein " ortgagorr', whether singular or plural, in consideration of conveyance of ~eal property here
•
inafter described by VENTURE OUT IN AMERICA AT ST. LUCIE, tNC., herein "Mortgagee", and to
secure payment of the balance of the purchase price by Mortgagor obligated to be paid, as evidenced
by promissory note fully identified harein, hereby o~ this ~t~ day of~anuary
A.D. 19 72 , 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 i{ S8 of VENTURE OUT Af 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, Florida Statutes 1965, et seq.), said description in this conveyance includes, but is nut
limited to, all appurtenances ta tFie Condominium Parcet described, including the limited
common elements assigned thPreto and including the undivided interest in ihe common ele-
ments of said Condominium.
THIS IS A PURCHASE MONEY MORTGAGE
As security for the payment of the promissory note of which the following is a copy:
± J i; s 10817 .10- Jensen s.acn. F~oria.. -.J.a.nus~.xY _ t9 72
a
? For value received, 1, we, or either ot us promise to paY to tM orda of
. ~ ;
; i V R E T I ICA T ST. L . st Juwen ssc an , ensen eac . ~on .
, ENTU OU N AMER A UCIE INC B n e k J e n F ~
; Ten Thousand Eignt Hundred Seventeen and 10/100______________________ -
: ~ I~ thesumoi._.._ . . - - • . . . . . . _ _ DoUars,
~ 120 ~ - - °
~ ~ ~ ; pavable in . _ aqual cor~sscutive monthly inatsllm~nts of i-. - -90.14--• - - ~n and .n~ne_ _ . equai consecut~ve
~ y Q ' monthiy installments of S. nOne each, the first instsllrn~nt to b~oome _~th_ -
payabla on the._..- day of ~
~ Z Q Fe.kx.4~a~X. , 19 7.2... and ons wch inatsllment to b~coma dw and p~yabl~ on t1~e.. . 8th day ot
J I! ;
~ ~ z j esch succeedirg month until the wAole ot said indebtness is paid, in fuN, with intuqt st the nt~ of 10 pn amt per snrwm after defauit.
~ ~ ~ It K s9reaC tt?st ttnx Is ot tM ~ssence of tMS cootnct arM tnat In tM tv~nt o~ d~fault M paymtnt of sny tmtaUm~nt for ~ p~rlod of tnlrty Osys tne 3
~ Q holtl~r Of tAlt not~ m~y, ~t Its optlon, Wclar~ alt th~ r~m~lr?Oer of sald d~Dt Cu~ anq cdIKtIDN a~d any fallur~ to ~x~rcls~ sala oDtlon sns11 not consti-
Z i tute s walver of tne r1yBt to ~xerclse tn~ same a! any otM? tlmt. In tM w~nt o1 d~tauti In paym~nt of thls nob snd if tA~ ssm~ Is plscea in tne hands
' ot an attorr»y for toli~ctlon, 1, w~, or ~ItA~r of us, ayrM to psy all cofts ot tollKtlon, Includlnq i rwsonaW~ ~ttorn~y's IN. In c~ta DaYmenl Sna11 not
6 F„ , be ~nlWe at maturlty, tn~ mak~n, surattes, antt sndors~rs, ~o1nt1y snd stv~ralty ayrM to any ~xt~nslonf or r~wsls wlt~out turtl?~r notlce, b1ndlnq ow-
, sNVelibT paymtnt ne~~ot, as If no ~ztenstons of ttm~ or forburanc~ of payrMnt haO bNn mad~ or grant~d.
~ ~ furth
y~w~
i Osmj d, prot~st,~and notlc~+ot~tl~
ranA, protKt~an
~n0 payrn~nLN party nN~to, syrN t0 D~ ~Olntly snb sw~ Ily ~ound. 1, or we, escn -
r (TtY~n uniler Me hsnd and seal of asch psrty.
: ~ I, ~ .
: r- : . , .
~ Z (i ....R R~' 1: Hannaz~, _Qnt.a_X.~oi...C~?~~da- - ~4
' w - - IsEAL! .
' ) 1 ~ : ~ AdCrKf : .
' _ C~_~
: ~ V I~
Ij HlJ..- c - . _ Cn. L S~- - - .\?I. ..~..C'. V~~..~. (SEALI
~
Mortgagor fully warrants the title to said land and will defend the same against the lawful claims
of all persons whomsoever, and agrees:
1. To make all payments required by that note and this mortgage promptly when due.
2. To pay alt taxes, assessments, liens and encumbrances on that property promptly when due.
If tf~ey are not promptty paid the Mortgagee may pay them withaut waiving the option to foreclose,
and such payments, with interest thereon from ihe date of payment at the same rate as specified in
thai note, shall also be secured by this mortgage.
3. To commit, permit, or suffer no waste, impairment or deterioration of the mortgaged property.
4. To pay a!! expenses reasonably incurred by the Mortgagee because of failure of the Mortgagor to
comply with the agreements in that note or this mo~t~age, including reasonabie attorneys' fees and ~
title searches. The cost thereof, with interest thereon from the ciay of payment at the same rate as
specified in that note, shall alsfl be secured by this mo jt~a~e.
,
5. If any payment provided for in ihat note is not paid w
th'ih 3~~iayt~fter 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 ~
gee and Mortgagee may forec;lose this mortgage in the manner provided by law, and have the mortgag
ed property sold to satisfy or apply on the indebtedness hereby secured.
u, ~ L~ ! C~_ t- L U F-t I U!~?
.
c~ ; coC~1:~~r±; ~f-~='--~rn~~p ~f - 0 R ~~J
~ j = fE628"T2 i 6 3 5- aoo~ eacf
o = .s~ _
~ . - _
N V i~:s.or c~~;~vt •-`..A` _
p~, 194112 ~