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Home My WebLink About0323 ~ ~ . G ~ .7 ~f A . ~ t~~~ ~ o rt. o ~ ~r?r~?~ 26461 ~ v ~ f!o ~iri~ ~ ~ ~ ~ INZI?ll~1YtE rt lYl1. ~ a' o c~ ~E~ ni~•~s MORTGAGE ~v~rt ~ „r~,E a'°' . ~ R~ Hondrickson Dorothy M.Hendricksoo herein "Nortgagor," whether singular or plural, in consideration of conveyance of real property hereinafter descrlbed by VENTURE OUT IN AMERICA AT INDIAN RIVER, INC, (formerly 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 ~3 , together with any and a uture advances, e t er n money or supplies,.ma~e by Mortgagee to the Mortgagor, conveys and mortgages to the said Mortgagee its successors and assigns -the real property in St. Lucie County, Florida, described as follows: Condominium Parcel: Lot # ~9 of VENTURE OUT AT INDIAN RIVER, INC., a Condominium, accor ng to the Declaration of Condominium thereof recorded in Official Records Book 210 at page 1402, et se of the Public Records of St. lucie ~ounty,~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 Ti~m~d to, all appurtenances to the Condominium Parcel described, including the limited conmon elements assigned thereto and including the undivided interest in the conmon elements of said Condominium, and, also, all other prop- erty, real or personal, situated in St. Lucie County, Florida, now owned, as well as that which may be hereafter acquired by the Mort-- gagor.- _ - THIS IS A PURCHASE MONEY MORTGAGE As security for the payment of the promissory note of which the following is a copy: S 13501.89 Jensen Beach, Flcr~da An9nsts 22 ~ ~y73 For value receiveG, I, r,e, or either of us prur~se te pay to the order cf - I~ VENTURE OUT IN AMERICA AT INDIAN RIVER, .INC. E ~ s ~ *_ne sur of Tbirt~en thousand fiv~ hundsed onQ b 89/100--- pp~~ars ~ . ~ (hereinafter referred to as "Total of paymer.ts") at the offiie~ of Yeoture ~ut in Rrerica at Indiar. River, Inc. ~ (formerly knorm as "Noliday Out in Art;erica at St. Lucie, Inc.") in AtSanta, Georgia. ir 1 1 9/1 consecutive rt~onthly ir.stallments of g12.51~113.20 each beginning S~ tl~b!= 2Z . 1973 and on the same day ef each month therea~ter. except t rt the final payment rt~ay irore rr ess, ng the amount necessary to complete payment of the Total of Payments. FurthemarE, for every installment Mhich remains unDaid fer ten days after its due date, the undersigned agreE to pay a delinquency charqF of 54.00. It is agreed that time is of Lhe essence of this ccntract and that in tFe event cf default in payment ~ of any installment for a period of, thirty days the holder of this ncte r.iay. at it: oCtior., declare all the re- ~ainc~er of said debt due and collectible and any failure to exercise said oFtion shall rct constitute a waiver of the right to exercise the same at any other time. In the event of default in pa,y~s~ent of this note and if the same is placed in the hands of an attorney for collectian, I~ we. or either of us, agree tc pay all costs of collection, including a reasonable attorney's fee and interest upen the unpaid balance fra~ the event of default at the maximun rate:permissible by law. In case paymert shall not be made at maturity. the ~~akers. sureties, ~ ~ ar.d endorsers, ~ointly and severally agree to any extensions or renewals without further natice. binding ourselves _ fer Dayment hereof. as if no extensions of time or forberrar~ce of payment had been made cr granted. ~ I, or rre, and each of us whether principal, surety, guaranter, endorser, or o*~er party hereto, a9ree to - be jointly and severa'lly bound. 1, er we, each further kaive ~emand. protest and ncn-aayrt:ert. w~ Given urtder the hand and seal of each party. g89 10 Yeass ~ ~ / f ~ No. Oue _~~~~..l, ~L1~~K _ 1.~,-:.--- (Seal ) ~ ~J~ _ - 4 ~ ~ X/t" ~ . J~ i: , Ven ase out J~nsen beacb , Rlorida s~0: ~~c r~ li •~~1. t- tl (Seal ) ~ - ress ~ ~ ~ ~ 13501.89 ~ The total amount of indebtedness secured by this Mortgage shall not exceed s • 4%~ ~ ~ ~ ` eooK 219 PAGE 323 z-` ~ - y Y _ ~ . y - _ . _ , : ..a_..~. ~ . r~,