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Home My WebLink About2528 S~'AT~ ~'LC: r? c«r~ ~ •L l'r ' ~ bO~UMENTAWI",r-~-~:.,:, ST:~MP_? ~ ~ ~V~308 ' aF~i. t>c 7+EYE~?UE • ~ ' j ~ ~ J , • t 1 n ~ = = ui.t ~7?~~-• :"'z.l~ ti 1 A Z O I ~j~~ ~ _ ?Y. • ~ J- ° ~'„"°z" MORTGAGE • - - Williaa 8. Rrancis herein "tbrtgagor," whether singular or plural, in consideration of conveyance of real property hereinafter descrlbed by YENTURE OUT IN AMERICA AT INDIAN RIVER, INC. (fornierly known as HOLIDAY OUT IN AMERICA AT ST. LtlCIE, 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, hereb on this ?~t~ da of A.D., 1973 together withyany and all futureyadvances, e t er n money or supplies, made 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 .follows: - ~ ~ Condominium Parcel: Lot of VENTURE OUT AT INDIAM RIVER, INC., a Condominium, accor ndi q to the,Declaration of Condominium thereaf recorded in Official Records Book 210 at page 1402. et s., of the Public Records of St. Lucie County, Florida. As prov~'d'~ ~ for by the Condominium Act of the Statutes of the State of Florida ~ (Chapter 711, Florida Statutes 1965, et ~seg.), said descriptlon fn a~ Q~ this conveyance includes, but is not T~m~.ed to, all appurtenances ~ t o t h e Co n dom in ium Parce l descr i b e d, inc lu d ing t he l im i t e d common ^ elements assigned thereto and inctuding the undivided interest in the comnon elements of said Condominium, and, also, all other prop- erty, real or personal, situated in St. Lucie County, F]orida, 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 12790•89 Jense~ Beach~ Ficr~da SeptMb~T 20tb ~ 1973 For value ~ece?ved. I, we, or either of us pror~sF to pav to the order of VENTURE OUT IN AMERICA AT INDIAN RIVER, INC, the su^ of ~Qly~Q t~~and s~aven hL*+~r~ ni~4~]? Er 89/I00-- 8ollars (hereinafter referred to as "Total of Paymer.ts"j at the offices of Venture (?ut in ~erica at lndian River, Inc. (formerly kno?m as "Hotiday Out in America at St, tucie, Inc.") in Atianta, Georgia, ir consecutive ironthly ir.stallments of S 106.59/106.68 each beginning ~tobQt ZOt~- ~ 1473 and on the same day ef each month therea ter~ except t at the final payment rr,ay ~r.ore crTess, 6e~ the j a~nount necessary to camplete payment of the Total of Payments. Furthemore. for every installment which remains E unpaid fcr ten days after its due date. the undersiqned agree tc+ pay a delinquency charge af ;4.00. ~ ~ It is agreed that tia~e is of the essence of this ccntract and that in tke event of default in payment ~ of any installment for a period of thirty days the holder of this note may, at its oGtior., declare all the ~e- ~ mainder of said debt due and collectible and any failure to exerc~se said option sha11 r.ct constitute a xaiver of the right ta exercise the same at any other time. In the event of default in pay~rEnt of this note and if the same is placed in the hands of an attorney for collection, I, r,e, ar either of us, aqree te pay all costs of collection, including a reasonable attorney's fee and interest upen the unpaid balance from the event of default ' at the maxiaw~ rate pennissfble by law. In case paymertt shall ?rot be made at maturity, the n~akers. sureties, ~ and endorsers, ~ointly and severally agree to any extensions or rener+als without further notice, binding ourselves t for pay~nent hereof, as if no extensions of time or forberrance of payment had been made Cr granted. I, or Ne, and each of us whether principal, surety, guaranter, endorser, ~r other party hereto, agree ta De ~ointly and severally bound. I, or we, each further waive ~emand, protest and ncn-paymert. 1 Civen under the hand and seal of each party. ~ € • f ~r~ ko. 859 Due __l0 yea=s ~ ''t~ C ?J Gt-4- (Seal) ~ ~ 60b coantry club dr. Ledyard Conn. ' ress - - - (Seal) f . i . ~ ~ ; The- to~`ea j~rtiduntj pfi~,i~debtedness secured by this Mortgage shal l not exceed S ~r~oe_a9 . ~ ~ ~ . . ~ . • a~219 p~252? ~ , _ _ . v _ ~ -