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HomeMy WebLinkAbout2506 ,r--t . . . . . ~ . av 264~.15 ~ ~ S AT ~F LORIDA ~ !Z~ OOCUMENTARY.!~: ;~STAMP TA ~ ~ ~ ~ ~ z " DEPT. R ~ENUE • ` , ~ s ~ ^ _ ~~~t3•~ _ ~ 1. 0 01 MORTGAGE ~J o = ~iir 1 JAMBS R. Q.BAVSL.AND 6 VIVIAN J. CLBAVBI.AND herein "Nortgagor," whether singular or plural, in consideration of conveyance of real property hereinafter described by YENTURE OUT IN AMERICA AT INDIAN RIVER, INC. (fornierly 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 pa~d, as evidenced by promissory note fully identified ; herein, hereby on this day of ~~~t A.D., 19 , : together with any and aTT~uture advances, e t er n money or supplies, macTe by ~ Mortg4~ee to the Mortgagor, conveys a~d mortgages to the said Mortgagee its successors and assigns the real property in St. Lucie County,.Florida, described , as~fo~-lows:- _ { Condominium Parcel: Lot ~ of VENTURE OUT AT INDIAN RIVER, ~ INC., a Condaninium, accor nai g to the Declaration of Condominium thereof recorded in Official Records Book 210 at page 1402, et s., af the Public Records of St. Lucie ~ounty, Florida. As provi~de~ for by the Condominium Act of the Statutes of the State of Florida 3 (Chapter 711, Florida Statutes 1965, et seg.), said description fn ; this conveyance includes, but is not 'I~m~d to, all appurtenances t to the Condominium Parcel described, including the limited comnon elements assigned thereto and including the undivided interest in ' the caman elements of said Condominium, and, also, all other prop- ` erty, real or personal, situated in St. Lucie County, ~lorida, now ; owned, as well as that which may be hereafter acquired by the Mort- ; gagor. ~ THIS IS A PURCHASE MONEY MORTGAGE i As security for the payment of the promissory note of which the following is a copy: ~ ~ S 13501.89 Jensen BeacF, Fler~da A~~t 7!h ~ jg ; FOr value receive~. I, we, or either of us pror~se te pay to the order of ~ VENTURE OUT IN AMERICA AT INDIAN RIVER, INC. ~ - - - ; _ : 2hirteen tbonsaad live hnadzed on~ b 89/100---------------- ~ ~ the sur of Dollars - ~ - € (hereinafter referred to as "Total of Paya+ents") at the office~ of Venxure (?ut in ~re~ica a~ Indian River, Inc. ~ (formerly k~avm as "Holiday Out in America at St. Lu~ie, Inc.") in Atlanta, Georgia; ir 119/1 ~ ~a • ~ consecutive ironthly ir.stallments of S 112~51/113.20 each beginning se ta~beY 7th , 1973 ~ ~ and on the same day ef each month therea~ter, except t at the final payment ~ray ~ore rr ess. e ng the ' amount necessary Lo canplete payment of the Total of Payments. Furthemore. for every installa~ent which remains ~ unpaid fer ten days after its due date. the undersiqned agree to pay a delinquenty charqE of 54.00. ~ It is agreed that time is of the essence of this ccntract and that in tFe evE~nt of default in payment ~ of any installment for a period of thirty days the holder of this note may~ at its o~tion, declare all the re- ~ r^ainder of said debt due and collectible and any failure to exerc~se said o~tion shall r.ct constitute a waiver of the right to exercise the same at any other tia:e. In the event of default in pay~r.ent of this note and if tRe same is placed in~the hands of an attorney for collection, I. we, or either of us. aqree te pay all costs of ~ collection, including a reasonable attorney's fee and interest upen the unpaid balance tra:~ the event of default at the maximu~ rate permissible by laN. In case payment shall not be made at maturity, the makers. sureties, ~ ar:d endorsers, ~ointly and severally agree to any extensions or renewals without further notice, binding ourselves ~ ~ for payment hereof, as if no extensions of time or forberrance of payment had been m.ade cr granted. ~ ~ t - i-T-cs~we.--and-eact~af--us-~hethe~-p~i~iiul-.-3uretyz-~uara~stsc-,-e~'3e~-~-c~tber-~s~LY-~'$ be fointly and severally bound. I, er we, each further ?.aive ~emand, protest and nen-paymert. Civen under the hand and seal of each party. + ~ /~/I ~ ~ ?~'o. 860 Due 1O Years (~,C~~v"e lSeal ) P.O. BOX 82 CheYOkee p.C. U (Seal ) ~ , - ' ress ~ 3 ~ jy' J - ~ ~ ~ ~ The total amount of indebtedness secured by this Mortgage shall not exceed j 13501.89 ~ . ~ OR p ~ ~ f ~ 600K ~~C7 PAGE ~50~ ~ - ~ ~ ` ~ ~R : . . : _ ~.~,~.~~.r~~