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HomeMy WebLinkAbout1582 i ~ i~ ~ v 3 ~ . ~-1 P~~~ ~ ~,~s 2~34~19 R~EI~ INTAN618L.E PER~•':>L P°0~'Eal`I~ ~ts ~ ?r~ MORTGAGE pCER POIIRA~C ~E CO.. fLA~ ~pf~Ilt CA~Rt~ St. l1JC Wayne K. Miller and/or Lucille Q. Miller, his wife. _ herei~ "Nortgagor," whether singular or plural, in consideration~of conveyance of redl property hereinafter described by VENTURE OUT IN AMERIGA AT INDIAN RIVER, INC. (formerly known as HOLIDAY OUT IN AMERICA AT ST. LUCIE, INC.). herein "Mortgagee," and to secure payment of the balance of the purchase prlce by Mort- gagor obligated to be paid, as evidenced by promissory note fully identified herein, hereby on this 22nd day of A ril A.D., 19 74 , together with an~r and a1T~uture advances, e t er n money or supplies, ma~e by Mortgagee to the Mortgagor, co~nveys and mortgages to the said Mortgagee its successors and assigns the real property in St. Luc1e County, Florida, described ~ as follows: 1~a! q3'~ S~ -,N. ~ Condominium Parcel: Lot #'9i9 of VENTURE OUT AT INDIAN RIVER, ~-i ~ ~ INC., a Condominium, accor nai g to the Declaration of Condominiwn Q! N ~ thereof recorded in Official Records Book 210 at page 1402, et ~se,., O?-` ~r~ ~ of the Public Records of St. Lucie County, Florida. As prov~de~ .J~:" .y . ~ • ~ for by the Condominium Act of the Statutes of the State of~Florida ilS:~~:;,t~ Florida Statutes 1965 et se said description fn . (Chapter 711, . r~~ this conveyance includes, but is not Ti~m~ to, all appurtenances o Qi~ ~ t o t h e C o n d o m i n i u m P a r c e l d e s c r i b e d, i n c l u d i n g t h e l i m i t e d c o n m o n N ~2 elements assigned thereto and including the undivided interest in ; g the cannon elements of said Condominium, and, also, all other prop- Q~{,~ ~~i~ , erty, real or personal, situated in St. Lucie County, Florida, now ~~i°. ~N = owned, as well as that which may be hereafter acquired by the Mort- ~v~~:~~illiil gagor. THIS IS A PURCNASE MONEY MORTGAGE 7~ I t 2 Q :N- :vC1E AS security for the payment of the promissory note of which the following is a copy:°"":r~ ~ Jensen Bcach. Flerida April 22, , 19?4 ~ ~,~~,i„~,`~. 8 9 ~ ~ For value receive~, I, we~ or either of us pra•~sf to pay to the order af • ~ ~ ~ ~ I; VENTURE OUT IN AMERICA AT INDIAN RIVER, INC, ` ~ ~ I ~ y tr,e su~s of Fifteen Thousand six hundred thirty-four and 89/100----------po~~ars s ~ (i~erei~fter referred to as "Total of Paymer.ts") at the offices of Venture Out in tirerica at Indian River, Inc. ~ ~ (for+~erly knot+n as "Noliday Out in America at St. Lucie, Inc.") in Atlanta, Georgia. ir 1 19 /1 consecutive aAnthly installments of S1~0 2Qf130.~$ each beginning Ma 22 . . 1~4 < and on the same day of each month ther a ter, except that the finat payment R~ay e e~ore cr ess, e ng the ~ amount necessary to camplete payment of the Total of Payments. FurthemorE~ for every installment which remains u~Da~d fer ten days after its due date, the undersigned agree to pay a delinquency chargF af s4.00. ; ~ It is agreed that time is of the essence of this ccntract and that in the event rf default in pay~nent ` of any installment for a period of thirty days the holdEr of this note may, at its oCtion, declare all the re- rainder of ssid debt due and collectible and any failure to exercise said oFtion shall r.et constitute a waiver of the ri9ht to exercise the saaie at any other time. In the event of default in paya~ent of this note and if the same is placed in the hands of an attorney for cotlection. I, we. or either of us. agree te pay all costs of collectipn. including a reasonable attorney's fee and interest upen the unpaid batance fron~ the event of default at tht ~xia~ rate pe~issible by lavr. In case payment shall not be made at maturity. the ~akers. sureties. . ~ ar.d tnderSers. ~ointly and severally agree to any extensions or reneu+als without further notite, binding ourselves fer pay~e~t hereof, as if no extensions of time or forberrance of payment had been made cr granted. ~ I, or Ke, and each of us ?+hether principal, surety, guaranter, endorser; ~r other party hereto, agree to = ~ be ~oi~tly and severally bound. I, or we, each further Kaive ~emand. protest and non-paymer.t. # ~ t ~ iven under the hand and seal of eath party. f 9 j~ Y ~ h~o. Due 10 years If ~7'~J (Seal) : - Street Seal ~ 3157 N.W. 68th ~~i~o.~ ~ ~JLc.e,°~.~ - ( ) ~ Ft. Lauderdale,r~orida 33309 ' ; ~ ~ ~ The total amount of indebtedness secured by this Mortgage shall not exceed ~ 5.6 34.89 . ~ - - . F • ~ ~ ~'i ~~S PAGE15~ ; ~ ~ ~ ~ r ~ . ~ . ~ . . . . - - - ~ . . . r:r~u ~ .a.~wz^r~' ~3 -~-~~s } , r- - , ~ ~ ~t+~.~i'-~`~~ ~~'§Tr K : .i..a ~,.v