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, o S ATE ~F FI~.ORI~D~ ~ ,
~ OOCUMENTARY,.~-;~StAMf' TA Y ~ 263418 ~~C) ~
_ ' DEPi.O~ RE1?ENUf .
~ _ Pt.. SE'll'1~ : Q ~O' • ^`J, ~i
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° ~ MORTGAGE
GERALDINE H. RICE AND/OR MARY C_HARAF.NTTFR -
herein "Nortgagor," whether singular or plural, in consideration of conveyance
of real property hereinafter described by VENTURE OUT IN AMERICA AT INDIAN
RIVER, INC. (forn~erly known as HOLIDAY OUT IN AMERICA AT ST. LUCIE, INC.), herein
"Mortgagee," and to secure payment of the balance of the purchase price by Mort-
gagor obligated to be paid, as evidenced.by promissory note fully identified
herein, hereby on this 23rd day of ,7une A.D., 19 y~,
together with any and a~uture advances, e t er n money or supplies, made by
Mortgagee to the Mortgagor, conveys and mortgages to the said Martgagee its
successors and assig~s the real property in St. Lucie County, Florida, described
as foliorrs: -
Condominium Parcel: Lot # 8 0 2 of VENTURE OUT AT INDIAN RIVER,
INC., a Candominium, accor ng to the Declaration of Condominium
thereof recorded in Official Records 6ook 210 at page 1402, et s., g~ ~
of the Public Records of St. Lucie County, Florida. As prov~de~
for by the Condominium Act of the Statutes of the State of Florida
(Chapter 711, Florida Statutes 1965, et se said description fn
this conveyance includes, but is not T~m~d to, all appurtenances - m~~~
t o t h e C o n d o
m i n i u m P
a r c e l d e s c r i b e d, i n c l u d i n g t h e l i m i t e d c a
m a n , y~ S.~
eiements ass ign e d t h ere to an d inc lu d ing t he un d iv i d e d i n t
e r e s t i n
the caman elements of said Condaninium, and, also, all other prop-
erty, real or personal, situated in St. Lucie County, Florida, noN ~
owned, as well as that which may be hereafter acquired by the Mort- N~~ ~
9a9or• ~ " ' ~
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THIS IS A PURCHASE MONEY MORTGAGE
As security for the payment of the promissory note of which the following is a copy: =
S 6312 .10 ~ensen Bcact, Flor~da June 23 , l Jl3
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~ For value rece~ved, I, we, or either of us pro~~se to pav to the order cf
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; VENTURE OUT IN AMERICA AT INDIAN RIVER, INC,
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F . _ . . . _ _ . _ _ . . _ - . _ _ _ _ . _
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~ tne sur:. of Six Thousand Three Hundred Twelve and 10/100---------------- Doltars
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~ (hereinafter referred to as "Total of Paymer.ts") at tF:e offices of Venture Out in F~erica at Indiart River, Inc.
~ (formerly kno~+n as "Holiday Out in America at St. Lucie, Inc.") in Atlanta, 6eorgia, ir 119/One
~ consecutive munthly installments of S52_~52_7(lfin~h beginning July_ 23 . 191~ '
and on the same day ef each month ther~ter~ except ti~at the final payment may ir.ore rr ess, e ng the
amount necessary to complete payment of the Total of Payments. Furthemor~, for every installment Nhich re~aains
unpaid fer ten days after its due date, the undersigned agree to pay a delinquency charqe of s4.00. ~
It is agreed that time is of the essence of this ccntract,ar~d that in tf~e event of default in payment
of any installment for a period of thirty days~tFyef~lder~of tl~is rote may, at its o~tian, declare all the re-
r*ainder of said debt due and collectible and any failure to exercise said o~tion shall r,at constitute a waiver
of the right to exercise the same at any other time. In the event of default in pay~r.ent of this note and if the
same is placed in the hands of an attorney for collection, I. we, or either of us, agree te pay all costs of
` collection. irscluding a reasonable attorney's fee and interest upon the unpaid balance frar~ the event of default
at the inaxia~un rate permissible by law. In case payment shall not.be made at awturity, the ~akers. sureties, ,
ar:d endorsers, ~ointly and severally agree to any extensions or rene+~+als without further notice. binding ourselves
~ fer payment hereof, as if no extensions of time or forberrar~ce of payment had been m.ade cr granted.
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I, or r+e, and each of us ?+hether principal, surety. guarantor, endorser, or other party hereto. agree to
~ be fointiy and severally bound. -I, or rre,-each-further Kaive C ?d, protest and non-uay~er.~-: _ - _
z-: /
~ ~ CiVen urtder the hand and seal of each party.
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~ !r'o. 802 Due 10 Years X --L-~.~~ (Seal)
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~ 3440 S. W. 13th Court
~y v' -
~ _ Fort Lauderdale Fla. 33312 X _ (seal) •
ress
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~ The total amount of indebtedness secured b this Mort a e shall not exceed S 63 12.10 .
~ Y 99
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