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Home My WebLink About0542 ~ / s~~_ IN PAYMENT OF 1?~tE~ IN111NGIBl~ PEa~~ ~7ENi~, ~T~ p~N?PIER71•131.~~~~1. ? MORTGAGE . ?y p~E1! PO~tRAS . ~ `8 ~ CIRGIIi ~RT. ST, ltlC~ Q0, ~ i . ~ ~ . ~ f Sharon L. Mawby ahd/or Vaughn B. Ma~vby, her husband ~ 7 herein "Mortgagor", whethe~ singular or plural, in consideration of conveyance of real property here- ~ ~ inafter desc~ibed by VENTURE OUT IN AMERICA AT ST.~LUCIE, INC., herein "Mortgagee", and to secu~e payment of the balance of the purchase price by Mortgagor obligated to be paid, as evidenced ~ by promissory note fully identified herein; he~eby on this 23rd day of ~rch A.D. 19 74 , conveys and mortgages to the said Mortgagee its successors and assigns the real proper- ~ ty in St. Lucie County, Florida, described as follows: , Condominium Parcel: Lot # vs~~ of VENTURE OUT Af ST. LUCIE, INC., a Con- dominium, according to the Oeclaration of Condominium thereof recorded in Official Re- ' cords Book 189 at page 1677, et. seq., of the Public Records of St. Lucie County, Ftorida. As provided for by the Condominium Act of the Statutes of the State of Flo~ida iChapter 711, Florida Statutes 1965, et seq.), said description in this conveyancp includes, but is not limited to, all appurtenances to tFie Condominium Parcel described, including the limited e common elements assigned thereto and including the undivided inierest in the common ele- ~ ments of said Condominium. 3 s ~ ' YNIS IS A PURCHASE MONEY MORTGAGE . ' As security for the payment of the promissory note of which the following is a copy: _ • t..14}212.89---•• .l.~mn e.ecn. F~oria....~"I2!7C~~_..2.3.:-------~--- 1s.7.4 ? ! For vslue reo~ived. we. u? eith~ of us promise to pay to ths o?der of VENTURE OUT IN AMERICA AT ST. LUCIE, INC. atJe~enBsachBsnk,JensenBesch. F~or~da. V ` ~ cnewmotFourteen__.thousand_..two _hundred.._twelve__and_.89/100-_--.-.-.-_--_-.---- oaie~. - ~ ' squ~~ cons~cutne mo~nhl untsllm~nn of 5~.~~.•~~~--•-•--•--..._..-. tsch snd....----•-..L•-•--. Wusl consecuciw Parable ~n __~.~Q---------- Y r ~n ~.3~'._.I . dsY of ~ Q monthly installments of 5---..~~-•.~-3.-•--•- oach, the first insallm~nt to b~canw PaYsbh on th~------••-----••-•-~- ~ 19.---.....--•- and one wch inatallment to bseorr~ dut ~nd PWabl~ oo tM _-•---~--•--•t~°a_~..-~--•-?~.~4.~-_ Q ---~1---~~-~--~T~~G 74 . . day of v I esch suoceedin~ month until tM whole of ssid indsbtr~ is paid, in full, with iM~~st ~t tM nt~ ot 10 p~r osnt per snnum sfttr detsu~t. W~~ It Isa~ aad that tlrtM Is of tM ~ssenc~ of thls co~trsct sn0 that I~ tM w~nt of d~fault In psym~nt of sny I~stallmN?t to~ s ptrlod of t~IrtY GYs tAe ~ ~ holder of thls not~ m~Y. at Its optlon. ~clsre sll th~ remalrW~r of s~ld A~bt du~ ~~d cW1~ct1oN and anY fallur~ to ~x~~cls~ sald optlon a11 not constl- r a I tut~ a walvN oi th~ rlqAt to ~x~rcls~ the sam~ at any otMr tltM• In tM ~vsnt ot d~fautt In paymMt of t~ls not~ snd H tM sam~ Is D~ d in t~~ hands ? of s~ attorney tor coll~ctloo. 1, w~, w ~Ith~~ ot us, aqrM to paY s~~ costs ot coll~ctton. Includlnq a ~~aso~abl~ attorn~y's fe~. In case ayment sl+s1l not , ~ W made at maWrlty, tha mak~rf, suntl~S, and ~ndon~tt, lo~~~~Y ~W~~~sy rM to sny ~xHnslonf oI r~Mwalf wlthout furtMc tlce. D1nGing our- ~ SNveS t0? piy~ntnt h~~lOf. iS If n0 ~xtO~KlOnt Of tIM~ Ot tO?Wi?~?K~ Ot p~yml~t had bMn mad~ or y?sntW. ~ ~ 1. or vw, and ~ach ot us wMthar prlnctpal. sur~ty. 9uanntor, ~ndors~r, or otMr puty Mr~to, agrM to M ~otntly snd sev~rsllY bound. I, or we. exn ~ W furtAer waiw demand, ptotest, and notic~ oi d~msnd, p~ot~st. and ~on-psyrnMt. j AP~iven~ir tt?e hand snd ses~ of esch w?ry. 33024 Z 7777--Hollywood Blvd. ,Hollywood,~_._Florida-- s~ X-- IsEau ~y ~ Addnss ~ S/ ~ ~ - - - - ISEAII ~ No.... V86-- - - . .1---- ' ~ ~ Mortgagor fully warrants the title to said land and will defend the same against the. lawful claims ~ of all persons whomsoever, and agrees: r ~ 1. To make all payments required by that note and this mortgage promptly when due. 2. To pay a~l taxes, assessments, liens and encumbrances on that property promptly when due. 1f 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 specifieci in that note, shall also be secured by this ~ortgage. ~ 3. To commit, pe~ n~it, or~suffer ~no waste, impairment or deterioration of the mortgaged p~operty. ~ ' ~ 4. To pay all expenses reasonably incurred by the Mortgagee because of failure of the Mortgagor to ~ comply with the agreement3 irt 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 y~ specified in that note, shall also be secured by this mortgage. 5. If any payment provided for in that note is not paid within 30 days after it becomes due, or 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 shalf 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 228 eac~ 5~ ~ _ ~ ~ r , a ~ . . . - ~ ~ ~