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MORTGAGE ~~~etE QF TiC~,~
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~ a~R~~E" Aai~'~?s of i~~~
DONALD Y. FREEMtAN snd A'~18Y FREEMAN, hie ~rife ~Rr, sr. ~~y/
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hereinafter referred to as the Mortqagor, in consideration of the prin-
cipal sum specified in.the mortgage note hereinafter described, hereby
mortqages to WINDMILL VILLAGES OF AMERICA, INC., a Florida corporation,
•4000 North Tuttle Avenue, Sarasota, Florida, 33579, the real property
in St. Lucie County, Florida, described as:
UNIT NO. ~4 of WINDMILL VILLAGE BY THE SEA CONDOMINIUM ~
NO. 1 accor inq to the Declaration of Condominium thereof ~'w LL
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as recorded in Official Records Book 189, on pages 1887 `
throuqh 2007, of the Public Records of St. Lucie County, g~~~o:,
Florida, toqether with all of the appurtenances to said Unit, n~~;~a
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SUBJECT TO the Declaration of Condominium of WINDMILL VILLAGE ~°u 3~~
BY THE SEA CONDOMINIUM NO. 1 as recorded in Official Records Ei:
- Book 189 on pages 1887 throuqh 2007, of the Public Records
of St. Lucie County, Florida, and ~ 3~ z
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SUBJECT TO restrictions, covenants, easements and reservations.
of record,
as security for the payment of the mortgaqe note of which the following
is a copy: ~
MORTGAGE NOTE
~ A ril 1 19 7 2
~~u~~ Florida, P •
For value received, the undersigned promises to pay to the order of
WINDMILL VILLAGES OF AMERICA, INC., a Florida cbrporation, the principal
- ~ _ 6,750.00 ~
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sum of ercent per annum on Te
w~th interest rom ate at ~ rate o ten P
~~paid balance until paid at 4000 North Tuttle Avenue, Sarasota, Florida,
33579, or at such other place as the holder~ dThegfirstlpayment shall
sixty (50) on~thly payments of $ 1
j ne payablet re montha from date an daterofaeachgsub8eciuent month untpl
; ments snall be payable on the s~ lied first to intereat and the
~ paid in full. Each payment shall be aPP aid in art or in full at
bala:~ce to principal. This note may be prep p
~ any time without penalty.
~ If any payment is not made within thirty days after it is due, t1~e
entire unpaid principal shall become due without notice at the option of
~ tne holder, ar~d failure to exeresseue ~tdefault.shInlevent ofVdefaultlint
~ to exercise it in e~ent of a sub eq
payment, the undersigned will pay all costs of collection inclndinq a
reasonable attorney~s fee. Protest is waived.
~ ~ (Seal)
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DON -
~ Datumentary St3m~- ~Sedl~
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~ and agrees:
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~ 1. To make all payments required by the 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 the note, shall also be secured by this mortgaqe, and
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3 PAGE~~
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