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AQUA RA, INC., a Florida corporation, and AQUA RABELLA ASSOCIATES,
a Florida partnership,
hereinaJter caUed the mortgagor, to WIHDMII~L VII,LA~SES OF AMERICA ~ INC .
4000 North Tuttle Avenue
Sarasota, Florida 33579
heneinajter callecl the mortgagee:
(W6ercvcr med Aercia the term~ ' and ~•sorts~aK•• include all t?e putia to t6is inswoc~t a~d tAe iein,
kRal rtpreieatatirq aad a+~ro oI isdi - aed t~e Wcct~wrs aod asfiRN of co~poratiaai• a~d tAt terw ••4ote••
includn all tAc aota 6ercu dacribsd it mae t6an ooc.) •
~t~~~111~ tl?at jo? good and w.[~b~ ~o?~~dsroe~o~, and also in consideralion o( the aggn-
gate sum nnmed :n the promissory note o/ even dnte hereu~ith, ~ereina/ter descri6ed, the mo~egagor bere-
by 9~es, bnrflains, sel~s, aliens, remises, conveys qnd oonfirn~s unto t~e mortgagee a~~ the certatn ~iend
o/ which the mortgugor is no~u seized and in possession situate ire St. I,tiCle County.
F~rida. ~~Z: pp~EL NO. 1 and PARCEL NO. 3 as shown on the Plat of
WINDMILL VILI.AGE BY THE SEA, A REPLAT OF UNITS 1 and 1-A as recorded
in Plat Book 16, Pages 6 and 6A of the Public Records of St. Lucie
County, Florida, and
UNITS NOS. 1 thru 168 (both inclusive) WINDMILL VILLAGE BY THE SEA
CONDOMINIUM NO. 1, according to Declaration of Condominium (as
amended) as filed for record in the Office of the Clerk af the Circu'
Court in and~for St. Lucie County, Florida, in Official Records Book
189, Paqe 1887; Less and Excepting therefrom Units 1, 6, 11, I2, 13
14, 15, 17, 18, 30, 31, 32, 35, 49, 50, 68, 69, 70, 71, 72, 73, 74,
75, 76, 77, 78, 8I, 84, 85, 89, 93, 80, 97, 98,~99, 100, 110, 111,
I34, 145, 146, 156, 157 and 168;
~ Subject to Declaratian cf Condominium of Windmill Village by the Sea
Condominium No. 1 by instrument dated January 19, 1971, filed for
record in Official Records Book 189, PaqeFs 1887 through 2007, includ
ing without limitation the covenants and conditions of restrictions,
dedications, options, reservations of rights, easements and uses and
obligations provided therein, ,
Subject to Mortgaqe to Palmer First National Bank and Trust Company
of Sarasota, Sarasota, Florida, by Wind.mill Villaqe by the Sea
Recreation Center, Inc. and Windmill Villaqes of America, Ina, dated
December 2nd,1971, securing $300,000.00, and filed for record
~ December 2, 1971, as instrument No. 219806, in the office of the
Clerk of the Circuit Court in and for St. Lucie County, Florida,
in Official Records Book 197, Paqe 1896;
Subject to easements, restrictions, limitations and conditions of
record and taxes for the year 1972.
Condominium Units may be released from the lien of this mortgage upo
payment of seventy (70$) percent of the amount shown on the Release
Frice Schedule attached hereto as Exhibit "R". Vntil the said mortga
to Palmer First National Bank and Trust Coanpany of Sarasota is paid
in full, Condominium Units may be released from the Zien of th~s
mortgage without payment therefor provided an amount equal to the
release price provided here~in is paid to the Palmer First National
Bank and Trust Company of Sarasota for the release of the said Condo
minium Unit from said mortgage.
3~~rzQ- PACf ~O~ THIS IS A PURCHASE MONEY MORTGAGE
This instrument prepared by:
HERBERT R. BENTON /v ~ ?~rM~rt t~ ~
A4torney at Law ~ ~g~ ~
208 lauderdaie Beach Bank Bui;a.nq ~a ~~tER 71-1 ~ i~~l~~~ /
e ; ~ ER POf~'~ ~ S
221 Comm,.rc.ai Bouleva~d 1106 ~E p~ G
Lauderdale-by-tne-Sea, F~or:da 3:3~9 q~~ qR~R ~
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