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Home My WebLink About0658 5~ t~s ~ / oF ~ IN PAYMEN~ RECENEO INiAt1G~Bl.E P?OPERIY. ` ' V • pUE ON CL11S5 ~iS Ofnly~~ 'l _ i ~:I ~~t ~p CFf~1P'•~t 11•13a. / RO~iER P011NA~ '7`~~ ~ ~ RT, Si. l~?E ~ CIRC1lli Ca1 C~ D NIORTGAGE , ~ ~ ~ . ~ . 2sss~o 5 Ronald A. Joa~s _ herein "fbrtgagor," whether singui~r or pfU~`di ~ lil co~~iae~aLiv~~ ui ~.vi~v+~yai~~e of real property hereinafter described by VENTURE 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 paid, as evidenced by promissory note fully identifieot herein. hereby on this a9td day of sQ ta~b~s A.D., 19 ~3 , together Nith any and a1T~u~ure 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, Florlda, described as follows: _ Condominium Parcel: Lot ~ 894 of VENTURE OUT AT INDIAN RIVER, INC., a Condominium, accor n~ g to the Declaration of Condominium thereof recorded 1n 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 descriptian 1n this conveyance inclades, but is not T~m~ed to, all appurtenances - to the Condominium Parcel described, including the limited comnon 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, norr owned, as well as that which may be hereafter acquired by the Mort- gagor. . THIS IS A PURCHASE MOhEY MORTGAGE As security for the payment of the promissory note of which the following is a copy: S 12790.89 Jensen Bcact, Flerida SQpt~ab~r 29tb. ~g73 . I For value rece~ved, I~ we. or either of us pror~se to pay to the order of i " ~ VENTURE OUT IN AMERICA AT INDIAN RIVER, INC. ~ ~ E s ; Twe1vQ thonsand s~v~n hmdsaa Qin~tr i 89/100-------•----- ~ the sur, of _ Dollars ~ (hereinafter referred to as °Total-of Paymer.ts") at the offices of Venture (=ut in krerica aL Indian River, Inc. ~ (forn?erly knorm as "Holiday Qut in America at St. Lucie. Inc.") in Atlanta, Georgia. ir 1 1 9/1 ~ consecutive ~ronthly ir.stallments of Si~. 1 8 each beginning oOt = 29tb . 19 73 ~ and on the same day ef each month therea ter. except t at thF final payment may e more cr ess. e ng the amount necessary to canplete payment of the ToWI of Payments. furthemorE, for every installinent vrhich remains ~ unpaid fer ten days after its due date, the undersiqned agree to pay a delinquency charqE af 54.00. ~ It is agreed that time is of the essence of this ccntract and that in the event of default in pay~nent of any installment for a period of thirty days the holder of this note may, at its oFtian, declare all the re- ~ ~ainder of said debt due and collectible and any failure to exercise said o~tion shall r.et constitute a Naiver of the right to exercise the sau~e at any other ti~re. In the event of default in payirent of this note and if the ~ same is placed in the hands of an attorney for collection~ I, Ne, or either of us, agree te pay all costs of ~ collection, including a reasonable attorney's fee and 1nte~est upen the unpaid balance from the event of default at the ~+axia~ rate permissible by laM. In case payment shall not be made at maturity. the ~akers, sureties, ~ ar.d endorsers, 3ointly an0 severally agree to any extensions or rener+als without furthFr notice, binding ourselves ~ for payment hereof, as if no extensions of time or forberrar~ce of payment had been m,ade cr granted. ~ ~ ~ I. or Ke, and each of us Hhether principal, surety, guaranter, endorser, c+r other party hereto. agree to ~ be ~ointly and severally Dound. I, or we, each further Kaive ~emand. protest and ncn-payment. ; , s; r ~ Civen under the hand and seal of each party. ~ ~ (Seal) r;o. 894 Due ln ~.sr~ ~ ~ 45 HOward av~. Bzockton, aass. (Seal) ~ - ~ - ress ~ . ~ . ~ ~ ~ i ^ : x~ ~ The total amount~df•1~1Qebt~dn~~s~~'~cured by this Mortgage shall not exceed 1279o.s9 . sr~ ~ ~ ~ 5l~S~~ PAGi ~~.,~0 ~ ~ _ _ ~ . _ _