HomeMy WebLinkAbout2860 ~ ~ ~ ' ' • ' ~ Q,.p
~ ~ ~ . MORTGAGE +~~~86Z3 l's' -
. d~o
. . 3 8y'
~ Ce~r9e T. M,~1~ and/or ~ J~nn• B. lt~ii~r, hia wil~ .
• the mortgag+or , in oonaideration of the principal aum apa:ificd in tht ptomiaory not,e
h~r described, receivcd from HOLIDAY OUT IN AMERICA AT ST. LUCIE. INC., a.
oor~wratioa orgaaized aad exiating under the Larva of the State oF Florida, the Mortgagee, herebq
~ ~ 2atb ~y ~ i9 , morcgaga ~o che Morc~gee che reai
Pi'OP~Y ia St Lucie County, Florida. deaciibod - ~ ~
Condomiaium Paral: Block _.-Z~., Loc of HOLIDAY OUT Z! .
AT ST. LUCIE, a~ndominium, aooording to the Declaration of Condo-
minium thtreof rooorded in Official Recorda Book 168 at page 1348..o~f ~
~ the Public Re~oorda ~ SG Lucie County, Florida. As provi3ed for by the : ~
Cond~ominium Act of the Statutes of the State of Florida, -(Chapter 711, , I
Florida ~iaiutes,1965 E4 Seq.) said description in this oonveyance includa, ~Y ~~s ~i•
but ia not limited to, a11 appurtenancta to'the aondominium paroel above /
described, including ~ t6e limited mmmon eleme~ta assigned thereto and ~~'d
iacluding the undivided intereat in the oommon elemeata of :aid oondo- ~ .
minium. _ ' ~ ~
THIS IS A PURCHAS$ MONEY MORTGAGE ~
Aa aecuriqr for the payment of th~ promiaaory note of which the following ia a o~py:
;~~,g 20 . , glurida, Ma~cch 24. , 19 72 _
For Value Reoeived, I, we or either of ua promiat w pay w the order of HOLIDAY OUT
IN AMERICA AT S'i'. LUCIE, INC., at Poat Offia Box 161, Stuart, Florida, or anq other plaoe
aa the holdrr hereof maq designate in writing, the aum of ~Se~~ ~L::,se t~tin~ Himdsed i~ty
and ~4/1~--------- Dollara, which includea iaterest on t~ principal amou~o~~~~a~able in
1~ equal aonaecutive monthly installmma of i6~t,~Qn1~-~ ~e first
inatallment tio beoome payable on the 24th day of ~L , 19 ~a , a~l
one auch inatallmenc to bocome due and .payable on the ~*-h day of e~h suooeeding month
until the whole of said indebtedaeas is paid, with intereat. from ~Y -h ~ ~q72
~ ~
i at t6e nte of ~t_ per oent ptr anaum after maturity. -
~ In the event of prepaymmt, a deduction from the amount due oa acaount of unearned
~ intereat ahall be allowiod. : ~ .
It is agreed that time is of- the easenae of ~his oontract and that in the eve~t of deEault in .
paqment of any inatallment for a period of thirty dan the holder of t6is note may, at its option, .
declare all the remainder of the said debt due and oollectible and any failure w acerciae aaid
option ahall not oonstitute a waiver of the right to ncercise t6e same at any other time. Ia the
eveat of default in payment of this note and if the aame is placed in the handa of an atwrn~y for
c~ollection, I, we, or either of ua agree to pay all caats af o~lloction, including a reasonablc att~a~a .
fee. In case pa'ment a6all not be made at maturity. the maktrs, suretiea and endorsera jointly and
severallq agree to any extenaiona or rruewala without further notice, binding ourselves for payrment
thereof, aa if no eatenaiona af time or forbearanae of paymmt had been made or graatred.
I, we or each of us, whet6er principal, ~ecurity, g~~tor, endaraer or other party hertto, i
agree to be jointly and aeverally bound. i or we, each further waive demand, proteat and notice
of demaad. proteat and n~-pajrmenk ~ -
~ ~C ~ • (SEAL)
• . CS~, ;
and agrees: .
l. To make all paymeuts requirod bjr tbat note and thia mortgage promptly when due.
Y. To pay all taxes. auaamena, liens and encumbranca on that property prompdy whm
due. If thry are not prompdy paid the Mortgagee may pay them wichout waiving the option w
forecloae, and auch paymenta, with intereat thrreon from t6e date of paj?ment at the same rate as
apecified in tlaat note, sball also be sec.vrcd by this m~ortgage. .
3. To commit, permit, or suffer no wa:te, impairment or deteriaration of the mortgaged
P1OP~Y.
4. To pay all acpenaa te~onably incurred by the Mortgaget becauae of failtue oE the
Mortgagor to complq with the agreemenu in that note or this mortgage, including raaonable
auoraey~' fea. 'I'he co~st thereof. ~?ith interat thercon from c6e day of payment at t6e aame rate
a~ specified in that aote. shall also be ~ecUrai by this martgage.-
~ ~C~. r~~~' ~
~ - ~ - - - - -