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~ M O R T G A G E ~,15---~--
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Ros: H. H~?Yrisoa and 1N~sioo Hnrrisoo, his wi~~
herein "Mongagor", whether singular o~ plural, in consideration of conveyance of ~eal property he~e~
inafter described by VENTURE OUT IN AMERICA AT ST. LUCIE, INC., herein "Mortgagee", and to
~ secure payment of the balance of the purchsse price by Mortgagor obligated to be paid, a~ evidenced
by promissory note fully identified herein, hereby on this 12tb day of ~YCh
A.D. 19 72, conveys and mortgages to the said Mo~tgagee its successors and assig~s the real proper-
ty in St. lucie County, Florida, described as follows:
Condominium Parcel: Lot ~ 16 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. Florida.
As provided for by the Condominium Act of the Statutes of the State of Florida (Chapter
~11, Florida Statutes 1965, et seq.1, said description in this conveyance includes, but is not
limited to, all appurtenances
t-
o e Condominium Parcel described, including the limited
common elements assigned ttwreto 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:
cj S_8~_E?~~.a.~--•---°- .Nnito 8~sch. Fbrid~. _..•--...._.M8lCb__ 12~ 19.._72
z Fo? vdu~ r~aiwd. l, r», w~ithK ot us promis~ to WY to tM wdK of
~ VENTURE OUT IN AMERICA AT ST. LUCIE, INC. st.i.~ s.s~n s~..?+,~ e.xn, Fb~~as.
~ teewmot ~.9ht--~o~g-~Ad..Si~c..Huad7~gd__Thi7ctp-Qne._and__54~100~~~~'~~~~~~~~•~~~~rrir~~ OW~MS~'
y psyawe ~n ...------119-------------•-- qua~ coro~eutiw momn~y i~u~~msna ot t-------•- 71.92--------•-- ~h-~-----------~- ~l~t~t ~s~ com.cui~,n
~ monthly ~rutsllm~nts of 5--------•-•°-?3•Q6•----°•---.~ ~d+. tM first instsllm~nt to b~owrn WYabN on tM---°---•-••••-•-•••• . dsY of
a --....Apxil------------------------------- 19-•---72 snd one wch i~xtNlment to b~eom~ dw ~nd WYaW~ on tM--••----•••-•--••----••,~Ztil--•------ . day of
v esch sucxeedinp month until tM wlwle of said indebtrns is psid, in full, with iM~st at tM rm of 10 pK pnt pK ~n~wm aftor default.
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W It Isa9rMd t~st tlrn~ Is of tM ~nc~ oi thls contract snd that In tM w~nt of afault In p~ym~nt oi snY Installm~nt iw s pKioO of thlrty Osys tM
~ holda oi ihls not~ may. st Its optlon. d~clsn aH the ~anil~da ot fald dbt tlu~ an0 colNCt10N snO anY fatlun to ~xKC1s~ f~ld optlon shall not constl-
4 tut~ ~ watwr ot tM rlght to ucmis~ tM s~m~ at sny otM? tlm~. In tM rwM of ~fault In psym~nt oi tAls not~ snd if th~ same Is place0 In tna hands
Z of sn attorn~y tor coll~ctlo~?. 1. vw. or NtAN of us. aqrN to p~Y ~~s oi coll~ctlon. InGudlny s rMSOn~bN atto~rny's iN. Irt css~ paYment snall not
~ b msW at maturity. tn~ msk~n. wr~tl~s, arW aWors~~s, )olotly and swKalyay rN to any ~xtMSlons or r~wals wltnout turtMr ootlce. Wndlnq our-
) sNws fo? DaYm~nt DKwf. ss It no ~xt~nslons oi tlm~ o? torb~arana of paym~nt had bMn rnad~ or 9pnt~d.
p 1, o~ vw. and ~ach of us wh~tMr Prlnclpil. wntY. 9uarantor. ~~ftlo~. 8r oth~ ptrtY Mr~to. aprM to O~ jolntly s~d sw~?ally bouna. 1. or w~. eacn
turthq wsfW dNnand. Prot~st. and notlt~ ot dlmsnd. pfot~ft. ana eoo-wym.nt.
~I ~ Giv~n undK the hand ~nd s~sl of weh pwty.
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y/' _ ~,eL1.s~xt---•,l-•••••-~~9~`~-'S..c~-~..........--~--.. (SEAL)
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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.
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.
4. To pay all expenses reasonably incurred by the Mortgagee because of failure qf the Mortgagor to
~ comply with the agreements in that note or this mortgage, incWding reasonable: attomeys' fees and ~
~ title searches. The cost thereof, with interest thereon from tt~: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 witttiiM~d'~ys a~~ter~" ecomes due, or if
any agreement in this mortgage other than the agreement to make the paymenY~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. ~ f
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ouE oN a~,s ~ i~r~~e~ ~c~ P~n~
~ To ~ BOOK zo~ P~ ~a5
IIDCEit IV1rRAS, c~r,. ~;.:aa: C.wf. St t~eM G. F1~.
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