HomeMy WebLinkAbout0681 25U368 ~
7. 0
~
MORTGAGE ~ ~
y~
~
John L. Starkev and/or Mary B. Starkey i
he~ein "Mortgagor", Whethe~ singular o~ plural, in consideration of conveyance of real p~ope?ty here• ~
~
inafter described by VENTURE OUT IN AMERICA AT ST. LUCIE, INC., he~ein "Mortgagee", and to '
secure payment of the balance of the purchase price by Mortgagor obligated to be paid, as evidenced
by promissory note fulty identified herei~, hereby on this_ 3 day of RebruarK
A.D. 19~~, conveys and mortgages to the said Mortgagee its successa~s and assigns the real proper- ~
.
ty in St. Lucie County, Florida, described as follows: ~ W
~
G f') a ~ ~
Condominium Pa~cel: Lot # V-39 of VENTURE OUT A f ST. LUCIE, INC., a Con- ~
dominium, according to the Declaration of Condominium thereof recorded in Official Re- . y
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 IChapter ~ J~~
711, Fforida Statutes 1965, et seq.), said descript+on in this conveyance includes, but is not S~ ~
limited to, all appurtenances to t e Condominium Parcel described, including the limited p~ ~ W f.
c o m m o n e l e m e n t s a s
s i g n e d t h e r e t o a n d i n c l u d i n g t h e u n d i v i d e d i n t e r e s
t i n t h e c o m m o n e le- d~~ +
ments of said Condominium. ~ ~ i
y O
THIS IS A PURCHASE MONEY MORTGAGE ~~2~ "
V J
As securit for the a ment of the romissor note of which the followin s a co
Y P Y P Y g i py:
~
i
~ s..13_~SS~9...US?------ a.~n. Fio~~a.. --February.-3--~----------- ~s..7.~ . ~
Z For value rxeived, l, vw, or ~ithsr ot us promiss to pay to tM ord~r of ~
v _ VENTURE OUT IN AMERICA AT ST. LUCIE, INC. atJtnsenBeachBank,~eoseneeac~. F~o?ida. ~
~ tne wm of Thirteen__ Thousand.. F`i ve_._Hundred__.Nine__ and 00/100 oa~s,s, ~
- .
y wvawe ~n _...~,~.9.L~---------------- evua~ consscutive montn~y inata~~msnaot 5-----112.~~`7------------ ~acn and-.---..__oA~e-•---,------.. ey~a~ coesecut~ ;
Q monthly instatlments of 5.-----.~.~3...a.Z each, t~ r~ ~~m~i,r~t to osoom. wraa. a+ tn.--•--••---~.-~---th------------------......._.... a~v ot ~
U ...-----1'!1t?X.G~? 19---73..._ and one wch instsllment.to bscom~ du~ snd p~ysbl~ on tha ----•-----•1-~r'---tt1.--•-----•----•-----...... . day °f ~
~ sacl? succeedinp montA until the whole of said indebtnem is paid, in full, with intK~st st tM rat~ of 10 per qnt pe~ annum sft~r defsult_ ~
W
~ It ifag raed tl?at tlme Is of tA~ sss~~c~ oi thls contract snd t~at In th~ w~nt of d~fault In payrtMnt of any Inftallm~nt for a p~rlod of tAlrty days tht ~
Q I+o1dK ot thls not~ may, at its optton. aclar~ all th~ r~malnaer oi sald d~Dt Au~ aad tW1~ttIDM aM any tallu~~ to enacls~ sald optlon shslt not constl-
Z tuh a walver oi tne rfyht to ~xerCW the sams at any oth~r tlnw. In tM ~v~nt oi dNault In paym~nt oi t~ls nob and if th~ ssme Is plxed In tA~ hanas
of an attornsy for collettton, 1, vw. o~ Nthet ot us, ayrM to psy a!1 costs of Co1lKtbn. Inqudl~y i rNSpnsDN attorn~y's t«. In pse payintnt sha11 not i
F W msde at maturtty. t~e mak~K, wr~tNs, aM) ~ndors~~s, Jolntly a~d f~vaally syrN to any ~xt~~slons o? r~wsls wfthout further notlce, Dlndlnq our- ~
> sNres tw paymMt nNeof, as If no ~xt~nslons o! tlme or torburinc~ ot p~ym~nt hs0 D»n maW or ynotW. ~
p 1, or vw, and ~scn of us wh~th~r prlnclpal. wr~ty, qusranto?, ~rWOrs~?, or otA~r party tiMnto, sqrM to b~ Jolntly and swKally bound. 1, or vw, escA
W furt~er wslw deman0, prottst. and notlc~ ot dtmand, prot~st, snd noebpsym~nt. ~
j Given under the hand and seal of ~ad~ party. .
W _._Box_.181.__Haven.._Lake_. Estates,~,..Hialeah~ I FZ. sl~(• ~ ~SEAL)
~?aariss 330I~ .
>
No._.... v-39 . S~ ~2~ _ ~sEau
` . 1 t,. ~
.
Mortgagor fully warrants the title to said land and wili defend the same against the lawful claims
of all persons whomsoever, and agrees:
1. To make al! payments required by that note and this mortgage promptly when due. ~
2. To pay alt 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, i
and such payments, with interest ihereon from the date ot 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 property. ;
4. To a all ex enses reasonabl ~
p Y p y 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 ,
title searches. The cost the~eof, with interest thereon from the day of payment at the same rate as ;
specified in that note, shall atso be secured by this mortgage. ;
a
5. If an ~
y payme~t provided for in that note is not paid within 30 days after it becomes due, or if ~
any agreement in ihis mortgage other than the agreement to make the payments is breached, the en-
tire 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 indebiedness hereby secured.
:
6UOx 21~ PALi 6~t
_ ~ - - -
F ~ ~.~.n~ s - -
_ -
~