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Home My WebLink About0620 W S'TAT~ QF FLORIUA ~ ~ c~ DOCUME,vTA~"' STAZ~IP TAX , " _ ~G>. ~ = - - ~ = 225(~15 ' ~ - N v arr.~r e~~c~~c - I 2 I~J = M O R T G A G E ` P.B.~~oii: ~ ~ - Gl~nn C. Lnad a~ud Pauli~• B. Laad, bis wiff herein "Mortgagor", ~vhether singular or plu~al, 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 pu~chase price by Mo~tgagor obligated to be paid, as evidenced by promisso~y note fully identified he~ein, hereby on this 24~ day of J~~r } ~ ? A.D. 19~ , conveys and mo~tgages to the said Mortgagee its successors and assigns the reat proper-o ~ ty in St. Lucie County, F lorida, described as follows: ~~~~v Condominium Parcel: Lot # 86 of VENTURE OUT Af ST. LUCIE, INC., a Con- x~ ' dominium, according to the Declaration of Condominium thereof recorded in Official Re- m~~~ ~ cords Book 189 at page 1677, et. seq., of the Public Records of St. Lucie County, Florida. ln As provided for by the Condominium Act of the Statutes of the State of Florida (Chapter W ~ ~ 711, Florida 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 timited ~ N o ; common elements assigned thereto and including the undivided interest in the common ele- i ~~g ~ ments of said Condominium. ~ a~~ f . ' THIS IS A PURCHASE MONEY MORTGAGE °c ~ As security for the payment of the promissory note of which the following is a copy: ci 5--8-~~3.a~--•-•-•-- .Nrwn Bwch. Florid~. ---.-.-•Tiali~~l .Z!Lt... 19 72 I ? ~ For vslue nc~ivod. 1, v~, or eitMr ot us promisr to psy M tM ordK of VENTURE OUT IN qMER ICA AT S CIE, INC. at J~rnen Bsach Bank, Jer?xn Bexh. Flonda. @i9ht Thousand Stv~nty-ThtQe and t~oj100----------------------------- oa~~rs. ~ ~ the wm ot - h - ~ ...................................•••--'134~55. ~ - - ~ 000• 1 y I P~Vable m--.---•-- equ~l cons~cutivs moMhty instsllm~nn of 5----•----•--...-- pch snd . eVust consecut w u esch, the first insUllma~t to b~oorrN WYsbl~ on tM._._....------•--.. - ' Q monthly irutalhnents of 5-~-----•- ~t~ day of ~ ' . F~~~l._.. _ 72 i Q 19.---•-------. and one wch i~tsllm~nt to becan~ du~ ~nd p~yaW~ on th~----. dsY of I Q ~~ch suocewirg mw~th until tM whole of said indebtne~ is paid, in full, with intar~st at tl+~ rat~ of 10 pK cMt per s~num sftK d~fsult. i I ~ tt Is sgresd :Aat t~m~ Is of tM ~nc~ of tAls co~tract an0 thst In tM w~nt of d~fault In payrr»nt of any Installm~nt for ~ p~~lod of t~lrty dsys tnt I Q ~older oT thls aole msy, st Its optlon, Melsr~ all th~ r~m~tndtr of sald MDt du~ and eoll~etlbl~ and sny lallur~ to ~x~rels~ sald optlon shall not eonstl- ~ Z 1~ tut~ ~ walvK of ~M rl~ht to ~z~rtlf~ th~ sirt?~ it any otMr tlrtM. In tM rv~nt of Wfault In payrrNnt o~ t~lf not~ a~d if tt?~ sam~ Is plsceA I~ the hanAs ~ of an ittornty fw touectton, 1, w~, or slthtr of us, sgr~t to D~Y ~~ts oi colNCtlon. Inclualn~ a rYfonabN attwn~y's fN. In ys~ payment snau not I ~ {De made at maturity, th~ mak~n, wntl~s, anA ~ndors~?s, ~olntly and f~vKallya~ rN to any ~xtMSfo~s Or rMtwals Mt~out furtM~ notlc~. AIn41ny our- ! > I~~K ~a D~Y~nt !?N~Ot, as If no ext~nslonf of tlm~ or torONrsnu of paymMt ~~d bNn mW~ or yr~ntW. p 1, or w~, and ~ac~ ot us wA~th~r prlnclpal, wr~ty, yusrantor. tnAOrf~r, or otha partY Mr~to. sgrM to W)olntly anA s~v~rally bouna. 1, or we, exh ~ W ~!urtt~er w~Ne GemanO. Drot~st, and notlc~ of Asmand. Drot~st, and ~orfD~Y~~~- cC Giv~n unda? the hand ~nd sp! of eath pirty. ~ Z ~ _Rt_._. *~..Touloo,._Ill.-- 614e3- - S~ u ' ; AtlOr~ss . - ~g NO•-__... - . S/f/ •..Cti~-~a~.l~..._...~j , . _ ISEALI t ~ ~ ; Mortgagor fully warrants the title to said land and will defend the same against the iawful 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 all taxes, assessments, liens and encurrbFarices on that property promptly when due. ~ If the are not rom tl paid the Mort a ee ma th Wi hou n the o tion to foreclose, Y P P Y 9 9 Y P.~ ..~m~ ~ 9 P ~ and such payments, with interest thereon from the date of payment at the same rate as specified in ~ that note, shall also be secured by this mortgage. ~ 3. To commit, permit, or suffe~ no waste, impairment or deterioration of the mortgaged property. ~ y 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 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 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 foreclose this mortgage in the manner provided by law, and have the mortgag- " ed property sold to satisfy or apply on the indebtedness hereby secured. 4` ao~~ 200 ~scE s~ ~ ~ _ ~ - . 2 ~ - - b - F %~•a:`.S-~t. `~s"i4't+. n_ . . . _ . .