HomeMy WebLinkAbout1270 RECEJVED ~=S --5~- ~N ~'~:•~•ry~* r~ .'xES • CL'~ LS,C/
DllE ON CU1SS'C ~Nt111QIL~E ~ c~uY. . ~'~•y ?y`,~ S-U
p1,N~,xIMT TO CtJ?.°jf° ~t-i3~t. uF ~y~l. i,~~~/ M O R T G A G E ~~a~ i`1 _
ROIiER PWTRAS ~ , U I
p~Ml CIi~lN1 GOUICT~ S1. 1AIC! ~a A~ ~
.
John W. Vittie and/or Marg~?ret J. Vittig~ his wife
herein "Mortgagor", whether singular or plural, in consideration of conveyance of real property here-
s
inafter described by VENTURE OUT IN AMERICA AT ST. LUCIE, INC., herein "Mortgagee", and to
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 9tb day of _ April
A.D. 19 72 , conveys and mortgages to the said Mortgagee its successors and assigns the real proper-
ty in St. Lucie Couniy, Florida, described as follows: -
Condominium Parcel: Lot 61 of VENTURE OUT A f ST, LUCIE, INC., a Con-
dominium, according to the Decla:ation 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.1, said description in this conveyance includes, but is noi
limited to, all appurtenances to
tFie Condominium Parce! 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 MONEY MORTGAGE
As security for the payment of the promissory note of which the following is a copy:
;
v S_.12~755,~34---.. .lens~n e~sch. Florida. -....---~F.Xa.~...5~. . 19..?2.
t•-•
? For value receiwd, I, ws, or either ot us promis~e to psy to ths ordK of
VENTURE OUT IN AMERICA AT ST. LUCIE, INC. atJeruen8each$aok..Jensene~ac??. F~w~da.
~ thewmoi.._.~'!!QIVe ThouSdAd SeVP.i1 Huudzed Fifty-Five and 34/1Q0------~---.------- ~,i,~,
~ - .
y Perable in -----...119.-••-••---••----. pual eonsseutive momhly innsllmw?a of 5----•-•.106.29--------- acA and------....._ap~.--------- fvas~ cor?secut~w
Q monthly installments of 5----------IOG.83 eacn, the first iratellrt+s~t to bsoortie psysW~ on ths-------.._........--:•-.--~x.~l....... _ day of
<i .-~It--.-••------,---------•----•• 19._. 72.... and one weh installma~t to b~come due ~nd p~yable oo tM_..-•--_--•---•--......:.~~~--------- dav of
V each wcceedirg month until the whole of said indebtness is paid, in full, with irKK~st ~t ths r~t~ of 10 pat cent per ennurn afttr'defsult.
~
W It iss9 reeA t~at time Is oi the ess~nc~ of tAls contrsct anC tAat In tM w~nt of Wiautt t~ paymMt of sny iratallenent tor a pKtoA ot tRlrty Csys tAe
~ holder of thls note may. at its optlon, Wc1a~~ all tl» rematrWar of sald Wbt tlu~ snd cdl~ctlW~ snd any /allur~ to ~xKC1s~ sald optlon sna11 not constl-
a tute a walver of the r
z Ight to ucerNs~ th~ sams at any otMr tlms. In tM N~nt oi Mtault In psym~nt ot thls noN ana If tA~ same Is placed In tns hands
ot s~ attornty lor collectton. 1, w~, or NtAet oi us, aqrN to pay all tosts oi cotNCtion, i~uudlrq a r~awnaDl~ attwnpr's /N. In cass psyment sAS11 not
~ b~ ms~e st matuHty.-tt» msk~rs, suntlss, awd ~ndorsen, )olntly and s~v~raUyag rN to any ~xt~nflonf oI r~walf wlthout furtt?er ~otlc~. OtnGfnq our•
] selves fw psymant h~r~ot~ as If no ~xta~slows ot tim~ or forWaranc~ of paym~nt had bMn maW or 9nntW.
p 1, or we. and each' of us vvh~ther prlnelpaf, wnty. 9usra~tor. ~ndo?f~r, or otl?K psrty t?K~to agrM to W Jolntly s~d fw~~ally Dound. 1, or we, eacn
W furtne~ wstve demand, protest, and notlc~ ot Wmsna. prot~st, and no+~-payment.
ot Given under the t4and snd spl of each p~rty.
~
- - -
z _4~27..-N..W,----~~~a~---~~.s...l"Ia!l~ at.~:_..~~..---...33463s~,~!...._ - . ~
-
-
u+ . . Ewar~ss . - , (SE L)
. ~
ti ~ .
,
~ . ' 's C ' t. ~sEa~?
. , i „ S . .!!`Z~rl - - -•~'.~~~G.
NO..... • - - -
i
j
Mortgagor fully warrants the title to said land and will defend the same against the tawful claims
of all persons whomsoever, and agrees: •
~ -
~ 1. To make att payments ~equired by that note and this mortgage promptly when due.
~
2. Ta pay all taxes, assessments, liens and encumbrances on that property promptly when due.
4!
t 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
ihat note, shall alsa be secured by this mortgage.
f
; 3. To commit, permit, or suffer no waste, impairment or deterioration ot the mortgaged property.
4. To pay all expenses reasonably incurred by the Mortgagee because of failure of the Mortgagor to
compty with the agreements 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
t specified in that note, shall also be secured by this mortgage.
i
» 5. If any payment provided for in that note is not paid within 30 days after it becomes due, o~ 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 mortgag-
ed property sold to satisfy or apply on the indebtedness hereby secured.
f
a
~
3 .
i
, ,
i •
Z - .
1
.i 2~ ~ ~
i
~
y , , ` ~
_ . r . . _ -t. _