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he~ein "Mongagor", whether singula~ o~ plu~al, in consideration of conveyance of real property here-
inafter desc~ibed by VENTURE OUT IN AMERICA AT ST. lUC1E, 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 10th day of March
A.D. 19 _ , conveys and mortgages to the said Mortgagee its successors and assigns the ~eal proper-
ty in St. Lucie County, Florida, described as follows:
Condominium Parcel: Lot A~ 9 of VENTURE OUT A ~ ST. LUCIE., INC., a Con-
dominium, acco~ding to the Declaration of Condominium thereof recorded in Official Re-
cords Book 189 at page 1677, et. seq., of the Public Records of St. ~ucie County, Florida.
As provided for by the Condominium Act of the Statutes of the State of Florida (Chapter
711, Florida Statutes 1965, et seq.), said desc~iption in this conveyance includes, but is not
iimited to, all appurtenances to t e Condominium Parcel described, including ihe limiied
common elements assigned thereto and inclading the undivided interest in the common ele-
ments of said Gondominium.
. ~ THIS IS A PURCNASE MONEY MORTGAGE ;
As security for the payme~t of the promis9ory note of which the following is a copy:
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~ s.8,.638.b5_---•--•- .i.~+..~, e..~n. Ftorid~, ---I!~~Ch_._~,Os-•--:•-:••-•--°......... 19...7~. ` .
- For vslu~ nceived. 1, nw, or ~ithK ot us promi~ to pay to tM o~dK of '
v V ENTUR E OUT I N AMER ICA AT ST. LUCI E, I NC. .t ~.ns~n B.sen e,e~c. ,~.nse~? B.acti. F~o.iaa. ~
~ che wm ot $~.9~3x---.7;h4?~~1!A4_1...Six...Hu4d~gd_ ThiYly-Bight._ and_. 65~100--_-.-------•.•w-_---
- - - - - - - oouars,
y wyab~e in ..-------•---119,.-•--•---- w~sl coro~cutive moMhly i~+stallm~nts of t----•-'71.' 98• aeh snd.----,--- ~e eaus~ oo~wcutiw
Q monthly irutallments of S.-•-•-•--•-•-.:13.03--------------..a+, th~ first inttsllm~nt to b~oortN ptyab~ on tht-•-•--•••----•••-• 1O ~"T day of
v ...~.....~~Z~.~..~.._...-• 19----72--• and a» suc~ installm~nt to b~corn~ dw and p~yaW~ on ttw._.._..---------- I~.~•---•-•--•----- day of
Q ~sch succwdirg rrwnth unti! tM whole of ssid incl~btnat is psid, in tull, wiM iM~rat ~t tM M~ of 10 pK ant ptr ~nnurn ahtr d~isult.
W It Iss~?
MQ tAat tlm~ If ot tM ~nc~ 01 thls contract srW thst In tM w~nt of Mf~ult In p~ymMt ot any IlKtslleeaft iw a WHOd of t~IRy dsys tM
~ nolda of thls oot~ maY. it its optlon. d~clu~ all th~ r~mal~q Of sald d~bt au~ and colNCtlbN snd ~nY tallur~ to ~x~rclw sald opNon snail not constl-
a tut~ a wstwr of tM rlyht to ~xacts~ tM s~rt~ at sny otM? tlm~. In tM av~M ot d~isult In paym~nt of t~ls nob snd It th~ sam~ Is p1sc~A In tA~ hsnAs
? of an sttorn~y for collectlon. 1. w~, or NtMr ot us, agrM to psY all eosts of wlNctlo~. lequdlny a rMSOnapN attorMy's fN. In cas~ paymtnt shaN not
D~ mad~ at maturtty. tM maksr~„ W~~tl~s„ and ~nAofM~s, Jolntly ~nd s~vMSBy~yrN to any ~xbnsloos q r~NwNS wlthout fu~thN nptlce, binding our-
] sMws for paYrMOt huwf. ss tt ip pttpplpns ot tl~ ai;iOtbMrinu Ot p~ym~rlt Mp pMn maa pr
~ p 1, or vw. sna ~ach ot us wh~fAN arlnclpal. wnt ywrsntor. ~ndonN. or othK party hM~to. ntly an~f sw~rally DounA. 1, or w~. eacn
W furt~K watw tl~mao0. Prot~st, snd notiC~ Of d~man~ prpt~st. srM non-paym~nt.
j Given uMa th~ hand ~nd swl~of ~ch pwty.
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NO-------------------•-•---•-•-----••---.._...._ S/ - -(SEALI
Mortgagor fully warrants the title to said land and will defend the same against the lawfui ctaims
of all persons whomsoever, and agrees:
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 promptly whe~ due.
If they are not promptly paid ihe 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 sec;ured by this mortgage.
3. To commit, permit, or suffer no waste, impairment or deterioration of the mortgaged property. ~
4. To pay all expenses reasonably incurred by the Mortgagee because of faiture of the Mortgagor to
comply with the agreements in that note or this morigage, 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 al9o 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 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.s~ol~ to satisfy or apply on the indebiedness hereby secured.
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I l~ n~ ~r~rart aF ~u~s 6~K~ PAt~
DuE oil C!/1~S 'C' tfITANGtS1.E PERlONAL PAOPF~1~~
PlIRS011NNT TO qiAPiER 71•134. 11CtS Of 1971.
~D06EA f~J1~RAS, pina v~cv:! t::.~~~ SL LrtK 00. F~
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