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tA DtPT.OF Rlr[et1E ~ _ ~ S I
P.B.~ro~~: _ - Gl
George L. White and Janice D. White, his wife
herein "Mo~tgagor", Whether singular or plural, in consideration of conveyance of real property he~e-
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 Mortgagor obligated to be paid, as evidenced
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by promissory note fully identified herein, hereby on this 6th day of January °
A.D. 19 72 , conveys and mortgages to the said Mortgagee its successors and assigns the real proper~ ~ K~`~
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ty in St. Lucie County, Florida, described as follows: K o '
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Condominium Parcel: Lot # of VENTURE OUT A f ST. LUCIE, INC., a Con- g•'- ~
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dominium, according to the Declaration of Condominium thereof recorded in Official Re- ~ 1 1
cords Book 189 at page 1677, et. seq., of the Public Records of St. Lucie County, F lorida.
As provided for by the Condominium Act of the Statutes of the State of Ftorida IChapter W~'
711, Florida Statutes 1965, et seq.1, said description in this conveyance includes, but is not ~
limited to, ali appurtenances
to e Condominium Parcel described, including the limited ~ N~~ ~
common elements assigned thereto and i~cluding the undivided interest in the common ele- ~
ments of said Condominium. ~ Q ~ j
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THIS IS A PURCHASE MONEY MORTGAGE ~
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As security for the payment of the promissory note of which the following is a copy: ;
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~ S.10 ,143. 90 JanuarY- .6 z_~g 72
J~twn Beach, Florida.
? Fw vslu~ r~ceiv~d, 1, w~, or eithK ot us promis~ to pay to tM ordK of
~ VENTURE~UTd IN~MERICA AT ST. LUCIE No atJ~nsenBeacABa'k_~eruer+B~acn,F~or~oa. t
~ Ten Thous,and One un r Foxty-Three and 9(~~ - po~~M;.
~ the wm of . . . . . .
~ . 60 . 169.07 none ~
y'~ psysble ~n pu0 @ns~cutiw monthly installm~nts of 5------•--------•----••------•-•- uch sod- Gtk] equal corsacutive ~
~ ~ monthly irutallments oi 5.----~----.------- each, ths fint inst~IlrnMt to b~car~e Psysblt on tM----••-.•- ' dav of ~
a~~ February ~2 6.th ~ of 3
i Q ~ _ 19..---•-_-.--- and on~ wch iixtallment to b~com~ du~ snd psyabl~ on tM..._...---.-----•- . :
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~ each succesdir~y month until ths whole of said indebtness is paid, in futl, with intK~st at tM rat~ of 10 pe? cN+t pe? annum aft~r defsult.
W ,I 1~ iS igfNd thil ZIrtN IS 01 LN~ lSff11t~ Of LhIS C0~1lfiCL afld 1hi[ (f1 th~ fVMI Ol afiY1L Ifl piYfMlf[ Of ~fly IfIS~a11TMt f0? a ptflOtl Of Lhlfty AayS IN~
~ 1I no1~r ot tAts ~ots may, st Its optton. O~cqr~ all th~ r~msl~d~r oi s~lA abt du~ and cdl~ctlW~ ~nd any fallur~ to ~x~rcis~ ssld optlon shall not constl-
~ II tuta a wslver of iM ?Ight IO ~x~fCIS~ th~ S~mt aL ~I~y OtMI tlrtN. 111 tM ~v~1~t Of tl~1~Ylt In piyfnN~1 Of thlf f~Ot~ ifld if tA~ faR1~ It pIKld iff th~ h~nOS
` ? of sn sttorn~y tor collectlon, 1, w~, or Nth~r ot us, sq~N to pay sll costs of coll~ctbn. I~clutllnq a rwsonabN attornty's te~. In cas~ paymtnt sna11 not {
~ F w maA~ at msturtty, tn~ makers, wretl~s, and ~odors~rs, 1olntly and s~v~ralty a9rN to ~~y ~xt~nflOM O~ ~lMwilf wlthout fu~tA~~ nOtlc~, DlnCinq our- ~
] sNvts tor paymtnt h~rwi, as If no ~xt~~slons of ttm~ or forD~aranu of paym~nt ~sd W~n mad~ or ynntW. 3
~ t, or we, and ~ath of us wh~th~r prlnclpal. sur~ty. qwrantor. ~~do~u?. or ot~~r party Mr~to. syrM to b~ ~olntly and sfv~~ally DOUr?A. 1, or vw, eacn
furt~er wslve demand, protest, and notit~ of dema~d, prot~st, and non-paynMnt. ~ ~
~ Given undK tM hsnd snd sql of ~sth puty. }
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i Z 782 :ti~est 3ath Road , Cuyahoga Falls, Ohio g~ x ti . ISEnu
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Mortgago~ fully warrants the title to said land and Will defend the same against the lawfuf claims #
~ of ali persons whomsoever, and agrees: s
1. To make all payments required by that note and tFiis mortgage promptly when due. !
2. To pay all taxes, assessments, liens and encurqbranc~s en that ~ropeny promptly when due. _
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~ If they are not promptly paid the Mortgagee may pay them without waiving the option to foreclose,
~ and such payments, with interest thereon from the date of payment at the same rate as specified in "
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~ that note, shall also be secured by this mortgage. t
~ 3. To commit, permit; or suffer no waste, impairment or deterioration of the mortgaged property.
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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 the~eof, with interest thereon from the day of payment at the same rate as
specified in that note, shall also be secured by this mortgage.
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5. If any payment provided for in that note is not paid within 30 days after it becomes due, or if :
{ any agreernent 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 ap~ly on the indebtedness hereby secured.
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B00!( ~OO FACE ~~?V
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