HomeMy WebLinkAbout1695 ; STATE oF FLORi[DA ~ ;~4Q5~6
~ OOCUMENTARYs": ;~STlaMP i l: ~ ~ ~'.~3/
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`v = =.-cz~tt!~'0i~'~~- I8.O51 MORTGAGE ~~~'S'
r, o° _ ~ P.0.? ~i.~. " - ~ ~ L~• ~4~
JOhn G. Schleier Jr and~or ariheth ~chl Pi P~ hi c ~ui fP _
herein "Mortgagor", whether singular or plural, in cons+deration of conveyance of real prope~ty here~
inaiter described by VENTURE OUT IN AMERICA AT ST. LUCIE. INC., herein "Mortgagee", and to
secure payment of the balance of the purchase price by Mortgagor obligated to be paid, as evidenced
by promissory note fully identified herein, hereby on this 21st _ day of ___~t
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:
648
Condominium Parcel: Lot # 49 of VENTURE OUT AI ST. LUCIE, INC., a Con-
dominium, acco~ding 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
711, Florida Statutes 1965, et seq.l, said description in this conveyance includes, but is not
limited to, all appurtenances
to
tfie Condominium Parcel described, including the limited
common elements assigned thereto 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:
i s 12.,.6.5.5...8.0.._ ~r?s.~ se~n. F~o.~a.. ._.August...21st ~972
? For value raceived, 1, we, or eithe~ of us promise to pay to the order of
' VENTURE OUT IN AMERICA AT ST. LUCIE, INC. ,Jansen8each, Flonda,
~ ' Twelye._Thousand._ Six_ _Hundred_.Fifty-Five _and _ 80/100----_-.-_--.--.--- Dollars.
~ I, the wm of lOS 46 .
~ ~ 119 ' - - a~ co~uecutn;
N i payable ~n - equal consecutive monthly uutallmentsof 5 . each and... . 1--._._ . _ equ ru
month~y ~~stanments ot S.. lO6 ~6.-- each, the first irutallmsnt to become Payable on the-----•.....21$~.--.. . ay o
~
, 19 .7 2_.. and one wch installment to become dus and psyabl~ on the day of
Q _S~pt~mbe~ z st
U
~ exh wcceedirg month u~tit the whole of said indebtness is paid, in tull, with interest at the rate of 10 per cent per annum after default.
w ' ~t is ayreed tnat tlme is of tne essence ot thls contract and tnat In tns event of default In psYrrNnt oi any Installment for a pe?lod o~ tnirty Cays tn•
~ ' hotder oi thts note may, st Its optlon, declare all the remalnder of sald d~bt dw and cdl~ctlbl~ and sny falluro to ~zerclse salA oDtlon sl~all not cO~sti-
a ; tute a wslrer of the r19ht [o exerc{se the same at any otAer tlme. In tM ~v~nt ot default In DsYms~t of thls note and 11 tne same Is D~~~etl i~ tne hanas
? j; of a~ attorney fot tollection, 1, w~, o? Nther ot us, agree to D+Y ~~ts of tollectlon, Includln9 s rqsonaW~ attornty's fN. In casa O~Yment Sna11 ~ot
~ r be mad! it m~tu~ity, th! mikl~S, SY~ltIEi, and endorsars JOIOt~y ind fOV~Iilly iytN t0 iny lxt~~?SIOAS O~ fentwili WIthOUt furthf~ nOtl~Ce, Dlntlin9 our-
] i selves for payment ~ereof, as If no eztenslo~s of tlme or ~orDearante of paym~nt ~aA bMn mads or granttC.
p i, 1, or we, and eac~ of us wl~~th~r prlnclpsl, surety, gusrsntor, endors~r, or other party h~r~to, sgres to be ~olntly snd severstly DounA. 1, or we, eacn
' W furtner waive aemand, prot~st, and notlca of demand, protest, and non-payment.
I ~ ~i Grven under the hand and seal of each party. '
: ~
~ z I~7.Q.45...~1~u7iSbXuGk--Dr......N...E.,.Atlanta.~Ga. 3033~~ t...- - . _ . (SEAL)
w + - - AGdr•ss ~ . . _ . / _ .
S/ ~ - - - . . . ~ ISEAII
> I~ n,o... 49....~64$~---•.._._, • ~
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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 paymenr 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 reasonable attorneys' fees and
titte 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 within 30 days after it becomes due, or if
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any agreement in this mortgage other than the agreement to make the payments is breached, the en-
ti~e 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.
BURK~o~ fAi,i~~~V
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