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Joseph J. kill~z a?ad S~hisleZ? N. Miller, his wife
herein "Mortgagor", whethe~ singular or plu~al, in consideration of conveyance of ~eal property here-
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inafter described by VENTURE OUT IN AMERICA AT ST. LUCIE, INC., herei~ "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 5th day of _ January ~ Y ~
72 , conveys and mortgages to the said Mortgagee its successors and assigns the real proper-
A.D. 19
ty in St. Lucie County, F lorida, described as follows:
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Condominium Parcel: Lot # 114 of VENTURE OUT A f ST. LUCIE, INC., a Con- ~ J~~3~ '
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, F lorida_ v j~~ W ~
As provi d e d fo~ by t h e C o n d o m i n i u m A c t o f t h e S t a t u t e s o f t h e S t a t e o f F l o r i d a ( C h a p t e r ~ f~'' ~
711, Florida Statutes 1965, et seq.), said desc~iption in this conveyance includes, but is not ~ ~
limited to, all appurte~ances
to
tFie Condominium Parcel described, including the limited ~ 5-
common elements 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 promisso~y note of which the following is a copy:
7 804.00 January S, ~s72
' 5..---'• Jeru~n Buch, Florida. - _
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? For valu~ received, 1, rw, or ~itt+K ot us promiss to pay to tM ord~r oi
I VENTURE OUT IN AMERICA AT ST. LUCI , INC atJ~~usn Besch Bank, ~eruer+ e~xn, F~or~da, ~
~ I~ Seven Thousand Bight Hundred and Four a~ nol~00-- ~u ----------------pa~a?s. ;
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~ the wm of - •--•-----~-130.06 none `
V WYable in _.60.....----.--- pusl coruscutive monthly iruallm~nts of 5..------•-•••--.--~---..-..._.--- qch snd-- . equsl cornecutiw ~
ti , 5th~-~
I monthl instail~rsents of AO[16-_.---. ~h, the first irutsllrt~snt to b~corrN PaYsbl~ on tM.-•------.-_ _ daY of ~
Q !i Fe~f'uary - 19?~.._ and one wch i~atsllment to becom~ dw end ps~abl~ on tt»._......_5fh.. day ot i
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v i! ~sch wcc~sdinp montfi un[il the whota of mid indebtnass is paid, in full, with inta~st at the rst~ of 10 per ant pa annurn aft~r defsult.
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W ! It Iss9. eW that tlrr~ fs of t~s sss~nc~ 01 thls to~trut arW that In tM ~v~nt of d~tault 1~ payrr»nt o( sny Installme~t for a p~rlod of tAlrty dsys tn~
' Q ji ho~d~. of tnls rr~t~ may. ~t Its optlon, Mdar~ aH the r~malnder of ssld MDt du~ ~nd co11Kt1pN and sny fallur~ to ~x~rclst sald oPtton shatl not constl-
! ~ tYte a wslver of M~ rlpAt to ~xsrcls~ tM sam~ at ~ny ot~n tlmt. lo tM ~v~nt of atauR In paym~nt ot thls noH snd if th~ same If placcC In ths hanAs
i ? ~ ot an a!iorn~y tw lollectlon. 1, w~, or ~ItMr of us, aqrN to O+Y ~~ts of con~ctbn. Includlny a tNSOnaDN attornty's fN. 1~ ust D~Ym~nt snall ~ot
~ ~ M msde dt maturlty, t~~ mak~rs, wr~tl~s, antl ~nAO~rs. ~otntly and s~vKSlly aqrN to a~y exN~slons or r~wsls wlthout turtA~r notlc~, binding ou~-
f ~ h c~1v~f for psymtnt ~~r~of, as Ii no ~xtN~slons of ttm~ o~ fo~D~arsnu of paym~nt nad bMn maA~ or y~antW.
~ I or w~, and ucA ot us wh~tMr prtntlpll. wr~ty, yusrantor. ~ndorstr, or otMr party nv~to:yy~M to W Jolntly snd sev~qtly bound. 1, o~ we, ~xh
E ~ ~ furtht~ walve o~mand, D~at~st, snd notlc~ ot Mmand. Prot~st, and non-paymN+t. j
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~ ? i~ Given und~r tM hsnd s~d sasl of Neh p~rty.
! W~ 6584_. 4s~barq _L.aice-- Rd.- ---Cluks~ Ehcp. s~~/ ~
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~ ~ NO.._ - - • 1 M•: ~ ~1 SI _~t~:Y._4.4--(4 . . i.2~.._._ _ (SEAL)
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~ Mortgagor fully warrants the title to said land and will defend the same against the lawful claims
* of all persons whomsoever, and agrees:
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~ 1. To make all payments required by that note and this mortgage promptly when due.
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2. To pay all taxes, assessments, liens and encumbrances on that property promptly when due.
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s If they are not promptly paid the Mortgagee may pay them without waiving the option to foreclose,
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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 suffer no waste, impairment or deterioration of the rrortgaged property.
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t 4. To pay all expenses reasonably incurred by the Mortgagee because of failure of the Morigagor 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 appiy on the indebtedness hereby secured. ~
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