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~+NINIGIBIE PER90M11~ PR~''~;~i. . M O R T G A G E ~ Q_"~ ~
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t m awra n-~. ~cn o~ ~9i,. rn~ ~ 3~
~~~p"~`~~~~~~ A/K/A J. P,. Williams
James R. Williams /and Marie Willia~ns, his wife
herein "Mortgagor", Whether singular or plural, in consideration of conveyance of reat property here-
inafter described by VENTURE OUT 1N AMERICA AT ST. ~UCIE, INC., herein "Mortgagee", and to
secu~e 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 4th day of January
A.D. 1972 , conveys and mortgages to the said Mortgagee its successo~s and assigns the real proper
ty in St. lucie County, F lorida, described as follows:
Condominium Parcel: Lot t~ 17O 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 R~Qrds 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.i, said description in this conveyance includes, but is not
limited to, all appurtenances to t e Condominium Parcel described, including the limited
common efements assigned thereto and including the undivided interest in the 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:
' 6 888.00 January 4, 72
~ ~ 5......t....--~---------•---••-• Jkwn Bpch, Ftorida. - . . 19
? For vslu~ ncined, 1, vw, w ~ithK of us p?omife to pay to tM adw of
VENTURE OUT IN AMER ICA AT ST. LUCI E, INC. at ~.~seo s.,cn esr?~e. ~e~seo e.xn. F~o.~da.
" Six Thousand
~ i~ cn.wmot.._........__......._ ...................Eight Nundred Eighty-Eight and no/100 'oaia:.
60 - --------~114 .f30. none-...- - . ,
~
y I WYable in qusl co~cutiw monthly instsllma+ts of Wch snd.----_....... equal consecuav~
~ i~ monthly irtstallmtnts of 5....... TlOi1Q - ~aCh, tM tirst installmN~t to b~ooms payibl~ on tM ......4t~1... dsy of
-
! " .re ruar 72 4th
_..-__....-.~----...y ................-.19...-----....ando~ewchinstallmMttob~comedwandp~yabl~ontl+~._..........-------._..------..__ daYOt
i v `'~F~ , _
~ Q sacA 9uFu~0lny mo~th untif tM whol~ of tsid ind~bt~ps is paid, in full, with inta~tt ~t tM nq of 10 pN cen~ ptr annum sfter defsult.
w ~
It ~iayr ~ed that tlme Is ot tM etslhc~ of thls contract and tA~t In tM ~vMt Of af~ult tn paym~nt Of a~y InftallmNft tor ~ p~rlod of t~lrty Cays tn~
Z:~t Aolder ~f thlt ~ot~ m~y, st its optlon, aclsre all th~ r~matnWr o1 salA Mbt du~ in<I cO11~CtIbN ~nd any fallur~ to ~x~rcls~ satA opi(o~ shall not constl-
~ tut~ s walv~r of th~ ryAt to ~xqcfs~ t~~ sams at any otMr tlm~. In tM ~v~nt of atault In ;
Z "i~ ot ~ attu~n~y for coll~ctlon, 1, w~, o? ~Itlf~r of us, WY~~?t Of tnlf not~ ~nd H th~ s~m~ It plat~d In th~ nanOf
aqrh to DaY all costf of toll~etb~, Intludlny a rMwnabN attwn~y's fN. In eaf~ OaYm~nt sAa~e not
F ~~e rt?aW :1 m~turlty, the mak~rs, wr~tl~s, arW ~ndprstrs~ ~olntly snA sevKally ayrM to a~y ~xt~~lo~n O~ r~w~IS wltAOUt furth~~ nottct, binaing ou~- ~
in
~ ves tw~ym~nt f?~r~ot, ss If no ~xbnslons ot ttm~ or torD~awnu of paym~nt had D~ m~W w ynntb. z
~ p ~ I, or ~w, atM Nch of us wh~th~r prlnclpal, furtty, qu~ranto?, ~naors~r. or otAK p~rty Mr~to, ay~M to W ~olntly antl s~r~rally boun0. 1, or we, ~xh S
• w'. t;{rth~? w~ivi Wmand. prot~st, s~d nptfc~ of Wmand, prot~st, and no~rpaym~nt.
= Given.vndw th~ hsnd snd sql of ~sch psny.
z j~+ ~.3Q_._Parkyiew Dr., St. Albans, W..._Va. 251~~7 'S!~~~i,,~
; I - - - - • - - • AAerass ...x._.....- . ISEAL?
~ NO... . - S~ - - . _ tSEALI
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 alt payments required by that note and this mortgage promptly when due.
2. To pay all taxes, assessments, liens and encumbrances on that property promptly when due.
if they are not promptiy paid the Mortgagee may pay them withoui waiving the option to foreclose,
and such paymenis, wiih interest thereon from ihe date of payment at the same rate as specified in
that note, shall also be secured by this mortgage.
3. To commit,, permit, or suffer:no waste, impairment or deterioration of the morigaged property.
To pay all expenses rea~onably incurred by the Mortgagee because of failure of the Mortgagor to
comply with th~ a~reements in that note or this mortgage, including reasonable attorneys' fees and
title searches. The cost thereof, with inte~est thereon from the day of payment at the same rate as
specified in tha~ hota. ~I~ #tso~ ~red by this mortgage.
J
5. !f 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 immedia:ely become due at the option of the Mortga-
gee and Mortgagee may foreclose this mortgage in t~he manner provided by lav~r, and have the mortgag-
ed property sold to satisfy or apply on the indebtedness hereby secured.
w S~Ila{ C~~ I-LUF-tIUA ~
v~ UO::U~~; T!T.~?"_ ST:~?~iP Tl+X
J O fi~2~72 ~_l..~.~~y~- -
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