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r~TATE ~F F~CF~!tJ~~ U Q
• ~ D4CUMFNIARY..~`:,~STAMi' rn~ ~ ~ ~ ,
~ ~ N DEP7.
Of NEVEMUE
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° - ~ •L~:R•~~ ~ ~ ~ I 3. 6 51 p ~
Pa MORTGAGE ~Z6~~.~~ ~1.~
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_ Robert Z. Ca.upbell and Bo~nie J. Catnpbell, his wife
herein "Mortgagor", Whether singular or plu~al, in conside~ation of conveyance of real property here-
-1---.._'L-J •icw~r~ ~oc !1~ ~T IAI AI?ACRI!`p AT CT 1 1 I(~IF ~(V(' hPrpin "Mnrtaaaee"_ and to
Ilid~l+di uc:x.~~ueu uy : : .L:::-j. . - - : . . .
secure payment of the balance of the purchase price by Mortgagor obtigated to be paid, as evidenced
by promissory note fully identified herein, hereby on this lst day of _ November
A.D. 18 71, conveys arxi morigages to the said Mortgagee its successors and assigns the real proper-
ty in St. lucie County, Florida, described as fottows:
Co~dominium Parcel: Lot # 4S af VENTURE OUT A f ST. LUClE, lNC., a Con-
dominium, according to the Declaration of Condominium thereof recorded in Official Re•
cords Book ~89 at page 1677, et. seq., of the Public Records of St. Lucie County, Florida.
As provided fo~ by the Condominium Act of the Statute~s of the State of Florida (Chapter ~
711, Florida Statutes 1965, et seq.), said description in this conveyance includes. but is not
limited to, all appurtenances to t~e Condominium Parcel described, including the limited
common elements assignec~ thereto and inciuding the undivicied interest in tt-ie ~ommon eie-
ments of said Condominium.
THIS !S A PURCHASE MONEY MORTGAGE i
As secu~ity for the Fayment of the promissory note of which the following is a copy:
Z i s-- -9.rQ5.4...50. ~o eeacn. Fio~~d~. - .~laVember-. 1-~...... . l9 .71 ~
- ~ For value rece'rved, 1, we, or either ot us promise to pay to tM wdar of
~ W_
~ i~ VENTURE OUT IN AMERICA AT ST. LUCIE, INC. at.t~~sen Beacn eank, Jensen Bexh, F~or~da.
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_ _ T;c;:,.:. ~ ~_~t.;~ F,..,,- ~n,~inn
i! the wm ot "y'-'-`-°,•--; - _ - - _ _ - - ~ , ~ - - .,~ia
- - t . , , - - - • - - -
• ~
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N;' payaae ~n S`~_--.---,---. aw+ai consea,t~ve morycniy irutallrt?ents ot S_...-----150. 90-----... .acn and--. one. - _
equsl coosecutive °
~ mu~thly irmaUments of S._......151 t 40---------------- ¢~h, the first installmsnt to becom~ '
. . . Pavsble on the.-----•--~- ..1.`-t.~~?._ . . day oi -
a ' :
; a j; --._.--....~}..4'.~ernoer.- 19..71----.. and one wch innallment to bscoms due and WYab1~ on tM .............~Sth........_... day of
v
Q sach wcceading mon;h until the whole of said indebt~ess is paid, i~ full, with intsrest st ths r~te of 10 pe? cenc per annum afttr default.
d holtlwsof tt
is nota may, st its option, aeclarenall the ~emilnder of sslC GsOt dui a afc'op:ciiw: arM~s Y fallur~sto exucls~ sald
opt
on shslltno~ consti
Z ~ t~N s wsiver of the rlyht to exerc(fe the same st any ot~~r time. In tt~s w~nt of default I~ paym~nt ot tAls nott ana If th~ sam~ Is placed In the hands
, of ~tn attor~v Tor co~l~ctlon, 1, vw, or altner of us, agr~e to pay all costs ot toll~ctlon, tndudlny s r~afonaDt~ sttorneys 1N. 1~ case p~yment shall not
y_ ; Oe matle at mEiuNty, t~e maktrs, suretles, ana tntforsers, )olntly and ssv~rally aqr~e to sny ~xt~nslons o~ r~Mwals without turther notlce, Dlndinq our-
] 'f stlves tOr p~y~~8~t Mr~of, as if np eztenslo~s of tlm~ o? forDearsnu of DaYm~nt hsd bNn m~ or gnnt~A.
p t~ f, o~ w!, arW ~acA oi us w~et~tr prlnclp~l, surety, yw~antor, endorser, o~ othsr psrty b~r~to, agr» to D! Jolntly an~! teverally Cound. 1, or we, each
~y further wair~ demanG, protest, antl notlce of demand, protat, snd noo-DsYrr?~nt, s
s ; i Given under tAe ha~nd snd ssat of tach psrty.
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Mortgagor fully warrants the title to said land and wiil defend the same against the lawful claims
of all persons whomsoever, and agrees:
1. To make all payments required by that note and this mortgage promptly when due.
2. To pay al) taxes, assessments, liens and encumbrances on that property promptly when due.
If they are not promptly paid the Mortgagee may pay them without waiving the option to foreciose,
and sucf~ payments, with interest thereon from the date of payment at the same rate as specified in
that note, shalt atso be secured by this mortgage.
3. To commit, permit, or suffer no waste, impairment or deterioration of the mortgaged property.
4. To pay all expenses reasonably incurred by the Morigagee because of failure of the Mortgagor to
comply with the agreemenis in that note or this mortgage, including reasonable attorneys' fees and
title searches. The cost 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 paymeni provided for in that note +s not paid within 30 days after it becomes due, or if
any agreemeni in this mortgage other than the agree~fient 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 ~nanner provided by law, and have the mortgag-
ed property sold to satisfy or apply on the indebted~gss hereby securgd.
{+I ~ Y,, i ~.1 ~J~~ fI/
~ ~ ! _ _ _ ~N ~~r~tt aF T~Es
pUE ON CU?SS 'C' INTAMGiBIE PE~~O?~L P~0°fRTY,
. PURSIIAMT 10 ~ROGER POI1W1.~iS 0~ ~;L.
'7lY~JGJ~
C•LFNK CIRqIIT COURT. ST. UIC~" ft~
BO~Jr :.1 PA~: V~