HomeMy WebLinkAbout0635 ~ ~ ~ ~5025
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P.B. i, o ~ u_.~ f.
wiilisa~ B. Aoa! ~d 813sab.tb w. Roa?t~ his wilQ
herein "Mortgagor", Hrhether singular or plural, in conside~ation of conveyance of real property here~
inafte~ described by VENTURE OUT IN AMERICA AT ST. LUCIE, INC., herein "Mortgagee", andto
secure payment oi the balance of the purchase price by Mortgagor obligated to be paid, as evidenced ~ s ~ ~
by promissory note fully identified herein, hereby on this Zlst day of o ~ a~
A.D. 19~_ , conveys and mortgages to the said Mortgagee its successors and assigns the real proper- o~
ty in St. Lucie County, F lorida, described as follows:
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Condominium Parcel: Lot # 47 of VENTURE OUT Af ST. LUCIE, INC., a Con- ~
dominium, acco~ding to the Declaration of Condominium thereof recorded in Official Re- ~=~~~c :
cords Book 189 at page 1 677, et. seq., o f t he Pu b lic Recor ds o f St. Lucie County, F lorida. ~
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As provided for by the Condominium Act of the Statutes of the State of Florida (Chapter n( ~ U
711, Florida Statutes 1965, et seq. l, said description in t his conveyance inc lu des, but is no t
limit e
d to, a l l appurtenances t
o
t fie Con dominium Parce l de s
cri b e d, i n c l u d i n g t h e l i m i t e d z~ S
common elements assigned thereto and including the undivided interest in the common ele-
ments of said Condominium.
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' THIS IS A PURCHASE MONEY MORTGAGE
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As secu~ity for the payment of the promissory note of which the following is a copy: ~
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Z sl3 2~2s-'n3 .lsos~n eucn, F~orids. . J~lua61CY.- 21.~ _ t9 72
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For vslue receivsd, 1, ws, o? eitMr of us promise to psy to tM ordK of
v 1i VENTURE OUT IN AMERICA AT ST. LUCIE, INC. atJensenBeachBank,Je~sen8exh, Florida.
~ j; Thirt~ ~On.ana irro rwaarea s~vQnty-ll.o. ana 7~/l00------- oo~~,K.
J I~ the sum of - 147 -•--••----•-Y
y WYable in equsl cons~cutivt month! ir~stallm~ntsof 5.....~~.Q~~.---•------. ~ach snd.._.. ..OI1~--- equal coruecutiv~ :
' Q monthly instsllrt?ents of S_..._..~1+..~..-------.... oath, the first i~xtallrtNnt to b~comt WYsble on tM-•----••--........Z~tr-....... . _ dsY of F
i Q !i _...F~Ltila=j/... 19_.T~... and one wch i~tsllment to bscom~ du~~nd psysbl~on th~ ................,~1~~......._ day oi t
; ~ esch wcceeding month until [he whole of said indebtnesa is paid, in full, with intK~st ~t tM rm of 10 psr ant per annum ~fttr d~fault. ~
~ ii it !c ~gteeA tbit timt Is oi tM KS~nc~ Ot tA1S contr~tt ~rM tl?it 10 tM ~+rMt 01 Wf~Wt M piY~~t Of ~ny ~roa1~mM~ tor s p..~od ot tniny aays ene ~
~ Q I! nold~r of tbls not~ may, at Its optlon, declan sll th~ nmalnde~ oi sald A~bt du~ snd CWI~ctIDN and any laliun to tx~rcls~ sald optlon snsll not constl- ~
~ Z ~I tute a witver ot tAe rfght to ~xsrcls~ th~ SairN at sny otMr tlrn~. In tM ~v~nt Of d~i~ult In paym~~t of thls not~ and if th~ sam~ Is O~a~ed fn th~ hanOS ~
jt O} ~f1 i1~0/My <<?f COIIKli011, 1, w~, or Nth~r of us, aqrN to pay all tosts of toll~ttton. InCludln9 a rqsonaDN attorn~y's iM. In ust D~YmsM s~a~~ nol ~
~ D~ nade ~t maturity, th~ maktrs, sur~tl~s, and endors~rs, jolntly anA swNally agrM to sny ~xt~~sloni or ren~wals wlthout furtMr notlce, Dfntlin9 our- ~
E ] ~i vlv~s tor DaYment n~reof, as It no ext~nslons of tlm~ or torD~sranc~ ot paym~nt ~ad DMn maW or ypetW.
; p ~I 1, or w~, arW ~sc~ ot us whs:!»r Drlnclpal, sur~ty, guan~tor, ~ndorf~r, or otM~ pi?tY her~to, sytM to Dt ~olntly and frv~?allY Dound. t, or rw, ex1~ ~
~ ,L i~ fu?thfr w~lv~ dfmiDA, prot~st, aoA notlt~ of MmanO, prot~st, snd noo-DaYrr»nt.
~ ? ~i Given under the hand a~d spl of ssch party. ~
F W~! 22S? St. .De~tille_N..~..~._.!!?tlanta~---G~KS....". ~s~ ~sEnu ~
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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: ~
; 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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If they are not promptly paid ihe Mortgagee may pay ~them without waivin~ihe option to foreclose, ~
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~ and such payments, with inte~est thereon from the date Qf payrr~~nt at ther~h~e rate as specified in
that note, shafl also be secured by this mortgage. ~
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 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 e~-
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 mo~tgag-
= ed property sold to satisfy or apply on the indebtedness hereby secured.
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