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Home My WebLink About0329 ~ !'-~i v~~~ °f . % li' ~ E~.;a~''1 P~~ M O R T G A G E ' /~i. ~ ,h~~~',~. ~ ~.a, ~ 2s4618 ~ ~ . o~ ~ q~ ~'~'4,f a ~ p~µ~ ~ . Rusael L. Herr np an Marip B~ Herriny.~ his wife ~ herein "Mortgago~", whether singular or plurat, in consideration of conveyance of rea! property here inafter described by VENTURE OUT IN AMERICA AT ST. ~UCIE, INC., herein "Mortgagee", andto secure payment of the balance of the purchase price by Mortgagor obligated to be paid, as evidenced - by promissory note fully identified he~ein, he~eby on this 5th day of ` A.D. 19 72 , conveys and mortgages to the said Mortgagee its successors and assigns the real prope~ iy in St. Lucie County, F lorida, described as follows: Condominium Parcel: ~ot # 14 of VENTURE OUT Af ST. LUCIE, INC., a Con- dominium, acco~ding 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 Ftorida (Chapter 711, Florida Statutes 1965, et seq.), said description in this conveyance includes, but is not limited to, all appurtenances to tFie Condominium Parcel described, including the limited common elements assigned thereto and including the undivided interest in the common ele- ments of said Condominium. THIS IS A PURCHASE MON~Y MORTGAGE As security for the payment of the promissory note of which the follawing is a copy: ~ S...7~.~Q,~.~$...._.. hns~~ Bpch. Florida. ..---~y...S~ . . . 19~2 ~ Z For value receivad, 1, w~, or aither ot us promise to pay to the oMer of v ~ VENTURE OUT IN AMERICA AT ST. LUCtE, INC. at Jensen Beach Bank, Je~en Beach. F~o~~da. tne~,maf..Seyen..Thousand Three Hundxed Nine and 58/100.--.--.--------------_--..----oo a, - u .s . : paYable in ..~9.._ equel corwcutive montht ~mtal~mentsof 5------7.21.82 each snd. Ofle.-- ~ ~ - - y equal coruecutivs . Q~ monthly installments of S. --...._..112..20- ..acn, the (irst ir~stallrr~t to btoorr~ paysbls on tM_..-•-•--- ..---.--5~--- day ot ' U . June. 19 ._.72... and one wch irataUment to become du~ snd paysbl~ on the St~'1. day of i ~ each sutceadiny montA umil the whole oi said i~debtness is paid, in full, with int~nst at tM rate of 10 per ce~t per a~num after default. W '1 !t !S tNd that tlme Is Of ~he KSant~ ot thtt ContriCt antl th~l In th~ wMt Of d~f~ult In y ~ a9 piyfM~ft Of i~t IIIft~llntMl 10~ a pf~lOO Of thlrty diyS tA! Q i holC~r of thts not~ m~y. ~t Itf Op110rf, Aeclare s11 th~ nm~lntier o1 satC tlWt due antl coll~etlON and any fallur~ to ~xerclst sai0 opllon sna~1 not consti- Z ~ tut~ s watve~ pf tfis rlght to ~xerclss tAe sart?~ at any oth~r tlmt. In tM w~nt ot d~fault In paym~nt of tnls not~ a~d if tA~ same If placed In tAt h~nAs _ „ of an attorney tor collettlon, t, w~, or ettAer of uf, aqree to pay alt Costf of coll~ctlon, Includl a ~qtOnaD1~ attorn~y's fN. In us~ D~Yment shatl not ~ be matls st maturtty, ths m~k~~i, suretfes, and ~ndorssrs, ~olnily and sev~rslly s9~~e to any • nt qr ?~nrwals wlthout fu r notlce, bindin9 ou~- ~ 1 sNves for paymsrtt heraot, as It no exteixlons ot tlme or tosbea?ance ot paYm~nt nsO DMn or yrantW. p 1, o~ we, and eacn of us wha;A~r prlnclpal, surety. 9uarantor, entlorf~r, or oth~r part • o, agrM to Dt jolntl tl srslly DounA. 1, or we, eact+ w furtne~ wafre Oemand, protest, and notlce of damand, D?ptast, and non-paym~nt. 2 Given under the hand snd ssal of each party. . ~ .i ' ~ Z 1956 Al~ard Ave. Grosse Pointe Woods~ Mi.c - s._ ~sEA~~ - - > 48236 Aac?.s: - NO..- . S~ ~ ISEau Mortgagor fully wa~rants the title to said land and will defend the same against the la~vful claims of all persons whomsoever, and agrees: 1. To make all paymenis required by that note and ihis mortgage promptly when due. 2. To pay all taxes, assessments, liens and encumbrances on that property promptty 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 ihe mortgaged property. 4, To pay all expenses reasonably incurred by the Mortgagee because of failure of the Mortgagor to comply with the agreements i~ that note or this mortgage, inciuding reasonable attorneys' fees and title searches. The cosi thereof, with interest thereon from the day of payment at the same rate as ; specified in that note, shall also be secured by this mortgage. 5. If any payment provided for in that note is not paid withir~ 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 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 mortgaq ed property sold to satisfy or apply on the indebtedness hereby secured. " DpC MEN~AR~~ FLOF?l~,~, ~ oz ~ - , S1L~.MP -r. , aQo~2l9 329 Y~ UEPT.. :lt N.EVEhUE a~' ~ I co %y ~:a-~ __;i~z~„t~,~~-+'= I I. I 0 t o _ ~ea.~~ 1 ~ ~ , . . . . . . . . . . . . . . . . " z ~ ~~~..~'.''W,~ , ~~;~-~~~:~y.~.-~~ : . . ° r~v