HomeMy WebLinkAbout0109 . ~
~ s
, l• ,f . e
,
i' ~ ~i
MORTGAGE l~ ~ ` =
ti2u~~ y~) ;
,
. ~
, ~,'B- ~ . i
~ rd C. e~ll aad Th~icla I1. his wilf
he~ei~ "Mortgagor", whether singular or plural, in consideration of conveyance of ~eal p~operty he~e-
inafter described by VENTURE OUT IN AMERICA AT ST. LUCIE, INC., he~ein ''Mortgagee", and to
secure payment of the balance of the purchase p~ice by Mortgagor obligated to be paid, as evidenced
by promissory note fully identified herein, hereby on this 9!h day of ~"d?=~
A.D. 19 72 , conveys 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 # 156 of VENTURE OUT Af ST. IUCIE, 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 Co~ominium Act of the Statutes of the State of Flo~ida (Chapter
711, Flo~ida Statutes 1965, et seq.1, said description in this conveyance includes, but is not
limited to, all appurtenances
t-
o
tFie Condominium Parcel described, including the limited
common elements assigned thereto and i~cluding 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:
.Nns~n Bach. Fbrid~, ~s~ _ 9 f
~j ~ s_9.,349~T-Q------.. ~9...---- ~
? For valu~ naiwd, 1, vN, o~ ~itl+u of us promi» ~o psy to tM adw of
VENTURE OUT IN AMERICA AT ST. LUCIE, INC. st~.r~sen s.ac~+es~..~.mRnB.acn. F~o?~da.
U
~ the wm of ..__N~,A.@---~#Q111~.~._ ~Z~..Hundr@d Pb]Ctt/-Nine__ ana _~o ioo--------~--~-------
oaa.s.
psysble in quN ooos~cutiw monthly i~tNlm~nts of ~J7•91 wch and--•--••••~e.-•---••-•--, equsl cons~cutiw
Q monthly installmenu of 5------- T~_~!~~-•--------•--•---.__ ~ach. th~ ti~st i~tNlm~nt to b~oon~ PwabN on tht--•------•---19Ui d~Y ot
a -------------~F?ril------.----------.-----. 19.._ 72 and on~ wch installmsnt w b~can~ dw ~ed p~yabN on tl+~--••---•••- 19t11.:----._...-•-...-•--.-----._ da1? of
v wch woc~sdinp month until tM wlale of ssid ind~btnas is paid. in full, wiM iM~nst ~t tM ntt of 10 per wnt pK ~~u+um ~h~r de(autt.
¢
W It Iss9~~A that tlrn~ Is of tM u~rfu of thls contract and that In th~ wN~t oi dNault tn p~ymMt oi any I~utall~a~nt tor s pN1oO Of tnlrty Wys tM
~ holda of thls ~ot~ may. st Its optlon. d~clar~ all tM ranileWr oi sald dbt du~ and colNCt10N snd anY fa1Wt~ to ~x~rcls~ sald optioe s1~s11 not constl•
d tut~ i wa1vK ot tM rfynt to ~x~cW tM s~m~ st ~ny othM ttms. In tM rwiK oi d~tault In paym~nt ot tAls not~ a~d if tM sime Is plaud In tM hanas
? ot sn attwn~Y tor colNCtlon, 1. ws, or NtMt of us. sqrM to paY tosts ot tolNCtbn. IAtluWrq s tpsonabN attwn~y's fN. In cas~ paYo?ent sBS11 not
, F, b~ mad~ st maturity. tM mak~n. w~~tNS. and ~rWOrs~n, la~tly and »+r~raltya~r~ to any ~xt~nsloai or r~wals w~tha+t tu~t~~c ~ot~~b andlnq our-
> sNr~s iw paym~nt h~rwt. ss It no ~xtaaloM ot ttn» or torWaranu oi psym~nt had bMn mad~ q yrant~O. _
p 1. or w~. snd ~acA ot us wh~tMr prlnclp~l. wretY. 9~aM~. or othw partlr Mnto. syrM to b~ lolntly and sw~slty bound. I. w w~. exh
' W furtn~r walve Wmand, Drobst. and notlc~ of Wm~d. D~ot~st, ~nd non-payrn~nt.
i ac Given under the hsna snd sNl of ~h party.
~
• - - ...(SEAI)
; W _552~..N~...Fede~c~?1...~~.:s_. ~ver a-- C-°-Aa
~
~ S"?
~ .
~ - • - • - ~
~ , NO-------------•--••---------•-----•--•--~- S - tSEAI) !
I
MortgagQr 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 reguired by that note and ihis mortgage promptly when due.
2. To pay all taxes, assessments, liens and encumbrances on that property promptly when due. t
If they are not promptly paid the Mortgagee may pay them without waiving the option ta 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 of the Mortgagor to
~ comply with the agreements in that note or this mortgage, including ~easonable 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.
5. If any payment provided for in that note is not paid~n!ithin 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 ~~e'~_ ~ltiedue at the option of the Mortga-
gee and Mortgagee may foreclose this mortgage in the manner pro dby ~w,c~d have the mortgag-
ed property sold to satisFy or apply on the indebtedness hereby secured.
P.ECE(YED IN 1A11ilENT OF TA.`$
f ON CIASS'C' INTANGI8IE PE7~G~A~ .:..•r~i~lf,
Pur~rr to cw~r~ ~i•i~, ~crs o~ i9ii. • 0 R Q
k.~ER Forrlas,, arrt aradc cwi~ se t,we co. Fla. d00K~~1: {PACE ~OV
'
~ ~
t°r=~~+s~ $s.;:'~-,v r - F.1. _i ? " ,zi ~ :z.~~: ,J'.
' a..~a_'~
`a ~
. ~ _ 'e:c~;t.