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Home My WebLink About1979 W 5 i~rt c~ ~~u~i~a ,~p, ao c~ ~ DOCUMEMTA~?" - ~Z n~P _TA X ' ~ - n~ezrn - _ , ~S. ~lS ~ v L' i~.i.~ u~t+c~c I 2 O O- M O R T G A G E ~Zi~ia~:~~ - ~ ot '!r~ P.B.tso~is ~S'~ Gilbert R. Lizotte and Albina T. Lizotte, his wife herein "Mortgagor", Wheiher singular or plural, in consideration of conveyance of real p~operty here~ inafter described by VENTURE OUT IN AMERICA AT ST. LUCIE, INC., herein ''Mortgagee", 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 24th day of Nebruarv A.D. 19 72 , conveys and mortgages to the said Mortgagee its successors and assigns the reat proper- a ~ ty in St. Lucie County, F lorida, described as follows: 3 Condominium Parcel: Lot # ~4 of VENTURE OUT A f ST. LUCIE, INC., a Con- dominium, according to the Decla~ation 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. : : 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 tFie Condominium Parcel described, including the limited ~ 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 promissory note of which the following is a copy: ~ ~ ~ ~ ci 7, 926.•.~....... ~n e..cn. Fio?~a.. .----~-February -24~,-- ~s 7? ? For value ncervui, 1, we, or eitha of us promis~ to pay to tM ordu of W i~ VENTURE OUT IN AMERICA AT ST. LUCIE, INC. stJeruenBwcA3ank,Jensen BexA, Florida. ~ M) Seven Thousand Nine Hundred 1lvent Six and 90/100---------~--------_ ~ I the sum ot y ~ Dollars, ~ i' payaWe ~n .---------119-------------- saual coroecutive monthly irsst~I~ments of S.__._ 66.05.... each and...._ oil~- ~al coruecut~w y ~ I rrwnth1y insta11ments of S_----..66 . 95 oach, tne t~.n ~rnta~im.nt to b.com. wvsw~ on ~n.----------------~ 4th--. _ . day ot ; a ~ i~iarch 72 24th ~ Q ~I . 19....----•-•-- and one wch installment to b~tort?~ du~ ~nd psyabl~ On the--------•--•--- day of ± ~ iI sacA succeedirg month until the wAole of said indebtr+aa is paid, in full, with intKat it tM r~t~ of 10 pK cent per annum afttr default. ~ It Isagreed tnat tlme Is of th~ ~nc~ ot tnls contract and tnat In tM w~nt of Mfault 1~ paym~~t of any Installm~nt tor a p~Hod o~ thtrty Aays tha Q hola~r of tnts not~ may, st Its optlon, actlare a11 the nmslnd~r of s~td abt du~ ~nd cWl~ctlbl~ snd sny fsllur~ to ~x~~cla ssld optloo shs1~ not constl• E Z I tu:~ s watver ot t~~ rlght to ~xKtls~ th~ s~me at any otMr tlm~. In tM ~v~nt ot Wfault In paym~nt ot tAlf not~ snA If th~ sam~ Is plsced tn the hsnas ot a~ sttorney for coll~ctlon. 1, ws, or ~ItMr oi us, aq~N to paY ~QSts of toll~ctbn. InC1uAlny a tNSOnabN attorr?~y's fw. In cas~ payment snai~ not ~ ~ W maM at maturlty, tA~ mak~rs, SuretNS, and ~ndors~~s, JOlntly ~nd s~v~~lly ~N t0 ~ny ~xt~M1011f 01 ?~rf~wilt wlthOW fYrtA!? nOtltl, Dlndinq our- ~ j ~ ` sNv~s iw DaYm~nt Mr~of, as If oo ~ztenslons of tlmt or TorWaranu of paymMt h~d bNn mads or yrantW. ! p I~ 1, or we, and ~ach oi us vM~~Lh~r prlnclpil, sunty, yuara~tor, ~n0ors~r, Or otMr party M?~to. ay~M to W jolntly and sw~rallY Dound. 1, or we, each ! w j furtner wslve demanA, prot~st, snA notlc~ of d~msnd, Drot~st. and non-paym~nt. j o[ I! Given under the hsnd and ssal of each p~rty. : . : , 7 { _E~7~~~~~ ~ z ._____.143__ Ver:~ont _ ~venue, Strafort , Con~, s~ ~ j _ (SEALI ' > 06497 Aaa~.u -r• ~ • ; ~ , ~ i NO.--- Sl • - - I~.:`/~p. _ (SEAL) 4 t - a e S - Mortgagor fully warrants the title to said land and will defend the same against the lawful claims ~ of a~t persons whomsoever, and agrees: ~ ~ 1. To make all payments required by that note and this mortgage promptly when due. 5 ~ 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. ~ 5 ; - 3. To commit, permit, or suffer no waste, impairment or deterioration of the mortgaged property. 4. To pay all expenses reasonably incurred ~,y Lhe 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 tbefeof, with interest thereon from the day of payment at the same rate as . specified in that note, sha11~19o be secured by this mortgage. ~ § - - ~ 1 5. If any payment provided for in that note is not paid within 30 days after it becomes due, or if ~ any agreement in ihis Trtct~'d~ other than the agreement to make the payments is breached, the en- ~ tire unpaid principal no~~ ~I immediately become due at the option of the Moriga- _ gee and Mortgagee ma r t is mortgage in the manner provided by law, and have the mortgag- ~ ed property sold to satisfy or apply on the indebtedness hereby secured. ~ k f ~.H ~ i 2p0 1978 ~ - ~ ~ _ ~ F F~ ' : . ~ - :;;.M ~ } , z _ . . . _ . _ . .