HomeMy WebLinkAbout2322 ~ 2262+04 = ; ~ . -
M O R T G A G E %
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Q~b~zL C~_~?say~~ad __I~awia~ N, Cas~v ¦ his Mri f~
herein "Mortgagor", whether singular or plural, in consideration of conveyance of real property 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 30tb day of _ J~~~Y
A.D. 1972 , canveys and mortgages to the said Mortgagee its successors and assigns the real proper
ty in St. Lucie County, F lorida, described as follows:
Condominium Parcel: Lot 1~ ~ of VENTURE OUT Af ST. LUCIE, INC., a Con-
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.
As provided for by the Condominium Act of the Statutes of the State of Florida (Chapter
711, Florida Statutes 1965, et seq.), said descriptio~ in this conveyance includes, but is not
limited to, all appurtenances
to
tTie Condominium Parcel described, including the limited ~
common elements assigned thereto and including the undivided interest in the common ele-
ments of raid Condomin+um.
' THIS IS A PURCHASE MONEY MORTGAGE
As security for the payment of the promissory note of which the following is a copy:
~ s,10~321,.10._... e..~n. Fia.~a,...Janua~rp--30~.. ~s 72 ~
? For value received, 1, ws, or ~ithsr of us promiss to pay to tM o?dK of , 3
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VENTURE OUT IN AMERICA AT ST. LUCIE, INC. atJensanBsachBank,JensenBeach,Florida.
~ i~ the sum of . _TQlL..~1011i8DCl._~1Y-@6.. ~~tin~.@~..~~~jt~~1! __~15~. .~Q~w. Dolla?s. `
v~i I~ ~~ab~e in ........_.59 equa~ corxscut~ montn~y ~nstaum«+ts of 5.....I'l2.01------- ~ach and__.._._~6.- equat consecuc~w ~
monthly installments of S._...a.7Z..51-------------------- eacn, tne t~.sc ~~n.u~,.~t co beco~,. wy.we o~ tne------.----.....~~_...... dar ot =
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a ;i ._B~b~uas~-- .............~-.19....?2---sndonewchi~auumenttob~cornedu~andwvsW~onthe..............30th._....__ _ _ davot
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~ t1 each wcceeding month until tAe whole of said indebtness is paid, in full, witA int~r~st st ths rate of 10 per cent per an~um aft~r defaulc.
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~ It isa9 ~~ed tt~at Nrr» Is ot tN~ tss~nc~ of tMS contnct and tAS! In tM wlnt ot default In p~Yrrnnt of any Ir?fUllment tor a p~rlod of tMrty Osys tM -
~ hold~r of t~ls note may, at Its optlon, aclsr~ a11 tAe remalnd~r of sild WDt dus ~~tl cW1~ctIbN and ~ny tallur~ to ~xtrcls~ sald optlon sAa11 not consti• i
? ~I oftan it orensy fot colle~ctionll ~w~ or dther
of us~ayq i~~to psy a11 t~ts
of co/~c btn ~Intl dlyrq~ra
tissonaW~ attoriy's fi .
In usi
psYment shali ~ot ~
, ~ ~i De matfe at maturlty, th~ msk~rs. su~etlss, ana ~ndorser~ Jolntly and s~vKally ayr~e to any ~xt~nslons w r~n~wsls wlthout turtM~ notlce, Dlntlfng our- ~
] sslrK tor p~yment ~~raof, as H n0 ext~nsions ot tlm~ or orDearanc~ of piyment natf DNn msd~ or gra~taf.
1, or we, and ~acR of us wh~t~~r prlrKlpal, sunty, qwrantor, e~Mors~r, or othN party DK~to. sgrN to W jolntly snA s~verally bound. 1, o~ we, exn
y ~1 fur;ner waive bemand, prot~st, and notics oi d~mand, prot~st, a~d non-psymsnt. F
z Giver. und~ tAe hand and sssl of sach p~rty. f
r ..~40~1. B1tit.kttOSO.. Rd~.,._GQ].sfs~tQ~cQs---~±i..4'r_~.- ' _ 4SEAu
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u' AddrKS
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NO . . _ - _ . (SEALI
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Morigagor fully warrants the title to said land and will defend the same against the lawful claims
ot all persons whomsoever, and agrees:
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1. To make all payments required by that note and this mortgage promptly when due.
; 2. To pay all taxes, assessments, liens and encumbrances on that property prom~tly when due.
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If they are not promptly paid the Mortgagee may pay them without waiving-ihe option to foreclose,
and such payments, with interest thereon from the date of payment at the same rate as specified in
that note, shal! also be secured by this mortgage. ; ~ ,
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3. To commit, permit, or suffer no waste, impairment crr deterioration of the morigaged property.
4. To pay all expenses reasonably incurred by the Mortgagee because of,fa~i~l~j e of the Mortgagor to ~
comply with the agreements in that note or this mortg~ge, ;p~(~ylir~g reb~pftlllle 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.
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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 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 fo~eclose this mortgage in the manner provided by law, and have the mortgag
ed property sold to satisfy or apply on the indebtedness hereby secured.
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