The URL can be used to link to this page

Home My WebLink About0638 STAT ~~F t= L O R I t~ ~ ~ l~ W c~ ~ DOCUMENTA~~ STA~SP TA _ ~,i~iSO~ ? ~ Z _ , ,,,o- - ~~C ~ _ +ur-rn g O _ M . 0 1 ~ 9 ORTGAGE ~c~ ~ l N ~ CE?T.~i[Y[?YE•'~ ~ ~ PB,H~It2 C. N. Nielsen and IVorma Nielsen, his wife herein "Mortgagor", whether singular or plural, in consideration of conveyance of ~eal property here- inafte~ described by VENTURE OUT IN AMERICA AT ST. LUCIE, INC., herein "hlortgagee", and to 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 21st day of December ~v o a c4~ A.D. 19 71 , conveys and mortgages to the sai~ Mortgagee its successors and assigns the real proper- ~ 0.~~ ~ J ~ J ty in St. Lucie County, Florida, described as follows: a~ ~ ~ Q ~J Condominium Parcel: Lot # 73 of VENTURE OUT A f ST. LUCIE, INC., a Con- J~ Q dominium, according to the Declaration of Condominium thereof recorded in Official Re- O ~ seq., of the Public Records of St. Lucie County, F lorida. cords Book 189 at page 1677, et. As provided for by the Condominium Act of the Statutes of the State of Florida (Chapter 711, Florida Statutes 1965, et seq.1, said description in this co~veyance includes, but is not ~ : limited to, all appurtenances to e Condominium Parcel described, including the limited ' common elements assigned thereto and including the undivided interest in the common ele- S ~ m e n t s of s ai d C ondominium. t; W a~ ; ~ ' THIS IS A PURCHASE MONEY MORTGAGE As security for the payment of the promissory note of which the following is a copy: , 13,150.35 Oecember 21, 19 71 = c~ s JKwn Bpch, Florid~. - - - ; ~ ? For value nceiwd, 1, v~, or ~itMr ot us promis~ to psy to tM ordK of ~ VENTUREOUTINAMERICAATST.LUCIE INC. ~tJ~nsenB~ach@ank,JenwtnBeach,F~or~da, ~ ~ Thirteen Thousand One Hundred Fifty and 35~100-----------~----------- Doilars, , I the sum of - . _ _ . . s . 120 ~ - - - - - 109.58 ~one ~ach and _ _ . - . _ equal consecuuve = , N i` paysbla ~n squal rnr~sscutive montnly irmsllmK?ts of 5---------•.-•--~•-----•~- 2bth ~ ~ monthty installments of 5...._.-----.t'10i1e each. the fint irxtsllrrnnt to b~cort?~ WY~bI~ on the. daY of a I~ y K 20th ~ ! Q .Februar 19 72...... and one wch~rxtsllment to bscom~ dw ~nd p~yabt~ on tM.._.. datr of f j v il ssch succeedinp month until the whole of said indebtness is id, i~ full, vMth intK~st st ths r~t~ of 10 p~r cent per annum after defwlt. ~ ` ~;i isagre.a tnac ttme Is Ot t~~ KS~nc~ ot thls contract ~~C tAat In th~ wMt Of afiult In p~ymtnt Ot ~ny Inft~tlmMt t0~ ~ O~?lod of thlrty days tl?~ ~ f Z ho1dN of t~ls note msy, at Its optlon, dsclar~ all ths remslnd~r of sald MDt du~ ind Co11~CtIbN and any hllu?~ to ~z~r[If~ sa10 optlon shsll not constl- ~ tut~ s wslver ot tne ryht to exeaciss tha sams st any otMr tlrn~. In tl?s ~v~nt of d~tault In paYm~nt of thts not~ a~d if tne sam~ Is place0 In th~ hsnds ~ _ ot sn sttorney tor coll~ctlon, 1, w~, or elth~r ot us, ag+N to D~Y ~~ts ot toll~ctbn, Includlny a r~afonsDl~ sttorn~y's tu. In c~s~ DsYment sha~~ not ~ p~ msM it maturlty, th~ fi~~k~lS, SurstlK, and tndo?ft~s, )olntly ~nd s~v~~~lly a9?M to any ~xt~~alo~ or rn»wsls wltnout turtMi not~ce, ~InOlnq our- ~ ] 1~ sNv~s for DaYm~nt hsrwt, as Ii no ~xtaulo~s of tlm~ or forWara~c~ of payrt»nt ff~G bNn m~ or y~antb. F ~ 1, or vw, anA ~ath oi us whttA~r prlrxlpal, wr~ty, quarsntor, ~nGOrs~r, or otl?N partY Mr~tO. ~yrM ta~ Jolntly and sw~r~lly DounA. t, or wt, eac~ ~ ~ fu~t~~r walv~ Wmand, prot~st, snd notk~ oT d~man0, prot~st, a~d non-psyrrwnt. E oWc Given under tbe hand snd sesl of pch party. _ ; : ~ ~ = ~ Z,~ 317 South ~th Street , LaGrange, I11. bOSg¢5 1SEAU s - w - . - - - ---~ACOress ~ - . - !~'r"is.~~- t ~ > Na.._ _ - - - S~ --~~--~~4.. - - ~ - - ISEAU ' a ~ _ , _ ~ . ~ Mo~tgagor fully warrants the title to said land and will defe~i th~ ~n~ aga~hst~th~ lawful claims ~ of all persons whomsoever, and agrees: ~ 1. To make all payments required by that note and this mortgage promptly when due. = s ~ 2. To pay all taxes, assessments, liens and encumbrances on that property promptly when due. ~ ~ 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 ~ that note, shall also be secured by this mortgage. ~ 3. To commit, permit, or suffer no waste, impairment or deterioration of the mortgaged property. ~ t 4. To pay all expensQS 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 aiso be secured by this mortgage. ~ 5_ If any payment p~ovided 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. 0 R ~ UtlU B ~ C!! P+~GF q , . ~s `:ti • . . ~ - . - - _ _ ~ _ - ' - -