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(tECE1VE0 IN PI1YiAENT OF TIUlE3 ;
a~'C' INTANGIBLE PER90t1A1 PROPERIY~ i
~ 10 qMPTER 71•134. 11CTS OF 11i~1.,,J(_ Ciy~
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c~nc c~Rq?11 oou~. s~. wc~ oo, Fu MORTGAG k
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Peter A. Fedysz~ and/or Mary A. Fedyszen, his wife. ~
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herein "Nortgagor," whether singular or plural, in consideration of conveyance ~
of real property herelnafter described by VENTURE OUT IN AMERICA AT INOIAN €
RIYER. INC. (forn~erly known as HOLIDAY OUT IN AMIERICA 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 proanissory note fully identified ~
herein, hereby on thi~ T~tday of wprii A.D., 19 ~4 , :
together with any and n T uture 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, Florida, described
as follows:
Condominium Parcel: Lot ~ s of YENTURE OUT AT INDIAN RIVER, '
INC., a Condominium, accor ng to the Declaration of Condominium
thereof recorded in Official Records Book 210 at page 1402, et ~se,.,
of the Public Records of St. lucie County, Florida. As prov~ded-
for by the Condominium Act of the Statutes of the State of Florida
(Chapter 711, Florida Statutes 1965, et ~seg said description tn
this conveyance includes, but is not T~m~ed to, all appurtenances
to the Condaninium Parcel described, including the limited coamon
elements assigned thereto and including the undivided interest in
the c~ia~on elements of said Condominium. and, also, all other prop-
; erty, real or personal, situated in St. Lucie County, Florida, noN
owned, as well as that which may be hereafter acquired by the Mort-
. 9a9cr•
n~ THIS IS A PURCHASE MONEY MORTGAGE
As security for the payment of the promissory note of which the following is a copy: ~
.
S 14~12.89 Je~sen Bcdct. Florida Apr11 8, ~ ~g 74
~ For value recefve~. I, r+e, or either of us pra~~sf to pay to the order of
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~ VENTURE OUT IN AMERICA AT INDIAN RIVER, INC,
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thE sur. of Fourteen thousand two hundred twelve and 89/100---------- ----~ollars '
(hereinafter referred to as "Total of Payments") at the office~ of Venture c Indi River, Inc. ~
{fornierly known as "Holiday Out in Aa~erica at St. Lucie, Inc.") in Atl a, Georgia, ~ /1
consecutive a~onthly installments of S 118.44/118.53 each beginn ng ~ Ma 8 . 19 74
and on the same day of each month therea ter, except t at the final yment n~ay e:ore rr ess, ng the
amount necessary to caaplete paynent of the Total of Payments. Furth .~r~/for every install~ Mhith remains
unpaid for ten days after its due date, the undersigned agree to pay a i~uency charqe o .00.
Ir is~agreed that time is of the essence of tFis ccntract and tha~ in the event c+f default in payn~ent
of any install~ent for ~ peri.o~.of ~hir~~d~y~the holder of this note may, at its oFtian, declare all the re-
mainder of said debt due and co1'~~c{ibl ~nd~a y failure to exercise said option shall r.et constitute a waiver
of the right to exercise the same at any other ti~e. In the event of default in pay~ent of this note and if the
same is placed in the hands of an attorney for collection, I, r+e. or either of us, agree te pay all costs of
collection, including a reasorsable attorney's fee and interest upon the unpaid balancE fram the event of default
at the ~naximuu~ rate per~nissible by laM. In case payment shall not be made at maturity, the ~akers, sureties,
ar.d endorsers. ~ointly and severally agree to any extensions or reneti+als without further notice, binding ourselves
far payment hereof, as if no extensions of time or forberrance of payment had been made cr granted.
I. or we, and each of us whether principal. surety. guarantcr, endorser, or other party hereto. agree to
be ~ointly and severally bound. I. or xe, each further Kaive ~emand, protest and non-vaymer.t. ~
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Given under the hand and seal of each party. ;
Ho. t~9~ ~e 10 vears 4-t% ~
122 Beverly Road, Massapequa, L.I., Ne~? Yorlcy_ ~ (Seal)
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The total amount of indebtedness secured by this Mortgage shall not exceed S 14.2~2.s9 •
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