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;~i ~t: G1:+;~ 'C' tN1:~hGIFIIE t~4scr~~ ?`~w'~.~ ~ M O R T G A G E
t'UnSU~+NT 10 CFii1P1ER 71-134. ~iCTS Of 1tiL. .
RO~ER POITQAS ~ ~ •
CtFIK GlRCt111 W~1RT. ST. WCIE uC. FlA
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Bruce t~. Parmenter and/or D~ tca ~ep•• Pa~rm~ntP~I
herein "Mortgagor", whether singular or plural, in consideration of conveyance of real property here-
inafter 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 15 day of Januar~r _
A.D. 19 73 , conveys and mo~tgages to the said Mortgagee its successors and assigns the real proper
ty in St. Lucie County, F torida, described as follows:
Condominium Parcel: ~ot # 14g of VENTURE OUT A f ST. LUCIE, INC., a Con-
dominium, according 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.), said description in this conveyance includes, but is not
limited to, all appurtenances to t e Condominium Parcel described, including ihe 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 ihe promissory note of which ~he following is a copy:
~ s_.$.s~_S~._bQ....----~- .k~seo esacn. Fiorda. - --JanuarY--1S~....... . _ ~s 73 ,
? Fo? value rsceived, 1, we, or eithK ot us promise to pay to the order of '
v i VENTURE OUT IN AMERICA AT ST. LUClE, INC. atJensenBeachBsnk,JensenBeach, Fio.~da,
~ i~ tne wm or Eight,--~'.hQU~,ar~d..Nine..8uadr:ed_.Fi~tg-.eigt~t-- and.. S.i.xt,y/..IOQ..._.. oaia.~. -
y ~i t~vab~e in --_---119--------- equa! consecutive month~y iratallm~nts oi S-••---•• 74~ 65..-----.---.. each and.......-•----1---.... equa~ consecut~vs '
~;f monthly installments of S... ..7 5...2.~-----.---.----.----.- eacn, the first i~ntallment to becoms PaYaWe on tM.-•---•--._.1 S th - . day of
Q
Q -~!2t?x.UL1Ty_-.--. t9--- 73-•-- and one wch irmaument to becomedu~ snd payab1~ on the...---.-_--- is •th.----.._. dav of
U
~ ~ each wcceeding month until the whole oi said indebtness is paid, in full, with interest at the rate of 10 pe~ cant per an~um after default.
W
~ It tsa9 reed that tlms Is of tM essence ot tAls contract ana that In tM w~nt Of dN~ult In piyrt?~~t of any Inttallmant tor a perloO of thlrty Asys tAe
Q ~ holde~ ot tMs nat~ may. ~t tts optlon, dsctare aN the remalnO~r o! saltl a~bt du~ antl colNCtIW~ and sny fsllur~ to ~zerclse sald optlon s1~a11 not constf-
~1 tuta a walver of tAe r{qht to ~xerctss ih~ s~me at a~y oth~r tim~. 1n tM ~vent of default In
? ~i of an ~tto~ney for collsctton, 1, w~, or ~Ith~r of us, ru to pay alt costs o1 coll~ctlon, Includjy~~t of tAlf noN a~tl If the sam~ Is D~ateA In the AanAs
be matfe st maturtty, th~ mak~rs, suretles, and enAor~ss ^9 ~~~^~a~ attorney's te~. In cas~ psyment sna11 not
, F ~t n. Jotntly a~d s~v~rally ayrN to any ~xt~nftOns Or rtn~wals wlthout turtt?~r notlce, Dinaing our-
] ~f sNvss for paymsnt h~reof, sS If n0 Oxte~Kloni of tlmO Or forWaranu ot psyment nad DKn ma~ or grantW.
p I~ 1 or we, anA eacn ot uf whet~er prl~clpsl, surety, quinntor, ~ndors~r, Or other p~rty Mr , syrN to De ~olntly s ralty bound. i, or we, eacn
W , furiher wafva demsnC, protast, and nOtfce of tlemans, prot~st, and non-psym~nt.
5 Given under the hand snd sssl of sach party.
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Venture put_ Rur~,1:.RQ.ut~_.~ens.en..Heach ._.Florid~ ! ~sEAu
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Mortgagor fulty warrants the title to said land and will defend the same against the lawfu! 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 o~ 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
that note, shall also be secured by this mortgage.
3. To commit, permit, or suffer no waste, impairment or deterioration of the mortgaged properiy.
4. To pay all expenses reasonably incurred by the Mo~tgagee because of failure of the Mortgagor to
comply with the agreements in that note or this mortgage, inciuding reasonabte attorneys' fees and
title 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 ihis mortgage.
5. If any payment provided for in that note is not paid within 30 days after it becomes due, or if
any agreement in this mortgage other than the agreement to make the payments is breached, the en-
tire unpaid principal bala~ce 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.
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