HomeMy WebLinkAbout2505 yURTGA6E
24'74`77 ,
~John J. ealasb aad/or Ruth Balash, his wife y~~
~~r
hereln "Hortgagor", whether singular or plural, io consideration of conveyance of rea) property hereinafLer 76
destriDed by HOLIDAY OUT IN A?IERICA AT ST, IUCIE, INC., herein "Mortgagee', and to secure payment of the
~atance of the purchase price by Mortga9or obligaied to be paid, as evidenced by pranissory note fully
ldentlfied hQrein. hereby on this 1et day ot ~anuary A.D. 19'73, conveys and mortgages
to the said Mortgagee its successors and assigns the real property in St. Lucie County. Florida, descriDed
as follor~s:
y ~
~ ~ Condaninium Parcel: Lot ~ 88 6 of YENTURE WT AT INDIAN RIYER, INC., a Co~domini~xn.
~ atcording to the Declaration~ Condoniniwa thereof recorded in Offitial Records Book 210 at
r~~ 8 page 14J2. et• seq.. of the Pu51ic Records of St. lucie County, Florida. As provided for by
o~ the Condomini~n ,.ct of the Statutes of the State of Florida (Chapter yll, Florida Statutes 1965.
~ W a ~ et• seq.), said description in this conveyance includes, but is not 11~ited to. all appurtenances
Z 1 ~ to the Condojainium Parcel described, includiog the limited corr.~on elements assigned thereto and
~ g intluding the undivided interest in the coc~on elements of said Condo+~ini~.
THIS IS A PURCHASE HOyEY 140RT6AGE
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s ?-As security for the payment of the promissory note of which the follorring is a copy:
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4° ~ s ~~n~_SO ,~s~ k.~.. ~~~,a 1 January ,9 73
, a ~ Fer ~al~e ncetrrJ. t. re. or eune~ ot a; r•os+se w af eo u:e oroer or
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~ J~ ~ W SeveAteen thous"~~i~~"~i~yIt~~lEt~~ 1~~i~UCIE, INC.
s 3 ~ uK «..r oats.s.i
~.ues ?H~~uK ~e a.c. s~+ ~I~o ~uuq w. 119al~done ~17th
142 14~ ld2 23~ o'r'ble tn eoua~ tonsccut~~e ront~l
N 1~sUl lce^Liet S • • tNe Iwst insts~~mtnt ~o bacome dw and par~e on a before the
b
~ daY of 19~..~~.~nd ont insqllment to b~come Ou~ ard paYable on pr pefwe the
S day ot eacA woceeEug rtpntA until t!r wlwk of s~A ~ndeDtness is pad, w~th int:~est Irpn mtturitY ~t tAe nt~ of 10 eerce~t nr a+a~ ~tter e~racit.
~ It K a4~~ K ot iM etu1K~ of lnti cWltrxt a~ tMt In tM lvMt ot ~taYlt M Mym~~1t Of ~nY 1ntt~1lmMt fOf s OMIOO of t111fty Oays tn~
~ AWOer Of tMt not~ maY. ai ea oo:ro~. a«un au in. r~~,a~~o.r a~ saie o~ot a~•,oa caacna~ a,+a aoy ai~w• eo •¦.rew u~a oo~wn sn,n ooi ~~~su• ~ .
tutt ~ v~~:vlr Of t~~ n{nt t0 eRl~clS~ !re i~m~ at any OS~lI LIfM_ In !1~ titnt Of Q~f]utt IA p~Y~nt Of tnit if0t~ iM If the Lm! ii WKtO 1~ tn~ MnOf
~ 01 ~n ~I[Olflty fp/ COIIlCt~O!4 1. wi~. OI tr~f1lf Of W. ii'!~ t0 O~Y aH COf~i 01 COIICCt10~1. /MIYO~Ai i fyfOMON allOff~tY~f 1~1 C~S~ OiYTlni Sn~tl f~Ol
p~ 11)~Q~ TJLYn[Y. l~+! maalff. Wflllff. ~IW lnOORlf1, ~OInl1Y if14 lC+t/~l/y 1~/~~ LO ~Ay ~nt~f1f10M Of f~Mwiit w11110Y1 fYflllff 1101Kf. OIIfO~f1' OYf-
~ Mlr~s to~ OaYmtnt na~ot. a~ U no utens~ons ot time o~ torpsar~nc~ o~ O~frm.~ee n~0 Wen ma0~ w yrante0.
1, Ot VYf, itd NCA O(.YS v~AltAM pr~nCpii. s{/tltY. y'~iriMW. l/7dO~Stf. Of Oitflf piftY AlftlO, 74r!! t0 Of NMtly ~Ild fM/lf~lly OOWId. 1, Of W!,
~ eacn~~«ne.,~wryeae~,+a~a.aocese,mctce et aerana, o~ocesc, ana wn-wy~enc.
c"~~~` ti~ o~ ~"f(~"'y~ars
~ na..~ - o~ . _ _ .__tsnu
R. R.#~l Burna Rd. Felicity,A Ohio 45 ~
~ _ _ ._.._.._as~n
a~u.
Mortgagor fully Narrants the title to said land and Nill defend the same against the lawful claims of all
persons whomsoever, and agrees:
1. To awke all payoients required by that note and this aortgage promptly rrhen due.
. 2. To Fay all taxes, assesscients, liens and encumbrances on that property prar.ptl~r Mhen due.
; If they are not prors~tly paid the Mortgagee a~ay pay theio without xaiving the option to foreclose, and such
payments, with interest thereon fran the date of pay~ent at the same rate as specified in that note, sha11
f also be secured by this mortga~e.
i
~ 3. To commit, permit, or suffer no waste, impairu~ent or deterioration of the aartgaged property.
:
t 4. To pay all expenses reasonably incurrpd by the Alortgagee because of failure of the Mor*_gagor to
~ to~ly Nith the agreer.ents in that note or this nortgage, including reasonable attorneys' fees and ti~:e
~ searches. The cost thereof, Hiti~ interest thereon frem tF~e day of pay~nent at the same rate as specified
~ in that note, shall also be secured by this mortgage.
~ 5. If any payraent provided for in that note is not paid xithin 30 days after it becomes due, or i`
~ any agreeraent in this raortgage other than the agree~ent to a~ake the payments is breached, the er.tire un~aid
~ principal balance of that note shall irr.~.ediately becocr.e due at the eption of the Mortgagee and "Sortgagee ~:?y
~ foretlose this nortgage in tne a~.anner provided by law, and have the rnortgaged property sold to satisfy or
~ apply on the indebtedness hereby secured.
~ 6. The rents and profits of the ir.ortgaged property are also hereby mortgaged and if proceedings to
~ foreclose this nor~gaqe sh311 De instituied, ihe court havin9 jurisdiction thereof should aFpoint a receiver
of the martgaged pro;.erty and apply thos~ rents an~ profits to the indebtedness Fereby secured, regardless
of the solvency of the :'.ortgagor or the adequacy of the security.
~ IN NITNESS KHEREOf, the Hortgagor has hereunto set Ais hand anE seal the day and year first above written.
~ Signed, Sealed and Qelivered
~ in the .Presence of: " ~
~
- " ~
c~ ~
As Ititnesses to the Fiort~agors ~
?~5 STATE CF FLORIDA ~ SS
COUNTY OF ST. IUCI~ )
; 1 hereby certify that on this date. before me. a ~Jotar ~li d~~at~~ri~~igithR~t~e ~ci~~ty
named above,.to take ackno;~lcdg~nents, pcrsonally appeared
t>: ~n
to ae kno:m :to~t~e.ti~e person or per;ons descriced as Hur?gago-
r ii an uno execute t e orego~ng mcrtgage ani~
=3 aeknoNlc~f~~,c:~ befote ~+e the execution of sa^e.
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i'tness my hand and ufficlal seal in the county and staie ~d abcve thls I day of .
.
~ 19 JiOTARY PUBLIC, STATF ot ftORIOA at U1RCE ~
~ MY COMIdISSI0F1 EXPIRES FEB. 8. 1974 c,(~''r. C~ -~j'
YONOtD TMRY M~~MAI~D sowob~c ~~fti~~ ~ ~IO d Pub 1G
'~y"'-
(Notary Scal) bQ~~Z~V t;t.f~Q:~ y CWrorission Expires: -
~ z~, i s , . , ~ ~ ~ I~y: •
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