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~~~46 M O R T G A G E ~ d ~N PAYMEtQ OF TA~
, RE~fIVEO
pt~ ON C1l1SS'C INT
A
N G I~
t
E P E R S O N A
L F R
O P
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R i Y. ,A
ppRStJllt(T TO C1111PTER 71•13~. II~jS OF 1911.
ROGER POITRAS
_ ~ Donald E. Alden & Jeannette L l~lden` _ t .n na . ~ ,
- ~WC-C~Rl,tin vw~~
~~:`herein "Mortgagor", whether singular or plu~al, in co~sideration of conveyance of ~eal propeny he~e- ~
inafte~ described by VENTURE OUT IN AMERICA AT ST. LUCIE, INC., herein "Mo~tgagee", and to
secure payment of the balance of the purchase price hy Mongagor obligated to be paid. as evide~ced -
16th December a-
by pro~j~so~Y note fully identified herein, hereby on this ..~y of y
A.O. 19 ys and mortgages to the said Mortgagee its successors and assigns the reai proper• ti
, conve
ty in St. lucie County. Florida, described as follows:
113 !Q ~n
o
Condominium Pa~cel: Lot # of VENTURE OUT Af ST. LUCIE, INC., a Con- N
~ dominium, according to the Declaration of Condominium thereof recorded in Official Re- Q~ N
conls Book 189 at page 1677, et. seq., of the Public Records of St. Lucie County, Florida. 11~
- As provided for by the Condominium Act of the Statutes of the State of Florida (Chapter ~ J~y;
r.-:t ; .
7-'! t. Fforida Statutes 1965, et seq.1, said description in this conveyance inctudes, but is not l, t
- LI..;j. -
' jimited to, all appurtenances
to~ie Condominium Parcel described, including the iimited ~ 4,
common elements assigned thereto and including ths uRdivitled interest in the common ele- ;~;`1;,,,„, .t~
ments of said Condominium. ~ Q}~ ~
W~!W M
THIS IS A PURCHASE MONEY MQRTGAGE ,E--W~~ ~
iQ~~~ Illl N
As security fo~ the payment of the promissory note of which the following is a oopy: ~tr d°
~tw
.~~:oilili{U!
~ 4691.14 .
t._.._..--••--• .le~+ B~aeh. Florid~. 19..-•--••-
- FO/ vslu~ r~c~~d. 1, v». w NthM of u! Promi~ to psy to tM ordN of
VENTURE OUT IN AMERICA AT ST. LUCIE, INC. at~~ne~ s«~x.~ead~.f~~a~.
~ urteen Thousand Six Hundred Nine n l j~~DU cas~
a»s~M+~'~~ ~ ~'3~:~?/ 5•----------•-~----•--------------------~~---- ~
. llg' 1------------------- _ ..cn _ . .w~r oon.ec~.t~~.
~y~pM in pual eo~eutive mo~rthly i~tallm~ntsof=_.._._._.._..--------_---...._ • -
~ knenu of - ~sch, tht first ittstallmint to b~ooeM psysbl~ on tfM__.~-6~It°--- . - ~1/ °i
- `"°`~e"~uary TS"--- - - - a„r of
a 19.•-••-..._._. and on~ ~uch i~tatlment to O~oortwdu~ aod p~yabl~ on tM--••-•------•-•-••-•...-•--...
v
~4Cb ~uao~dnD rtwnM until tl» w1aN of a~id indaDtnqs is psid. in tull, wlth Intlnst ~t tM nq o! 10 pw cent P~? annurn a~ft~r defsult.
' n ~s s~r«a en.~ nm. n o~ tn..ss~~u ot inK oon:nee ana tnat in tn~ er.nt ot a~raun ~o wrm«+t ot an i~at,aena+t tw • oe.~oe o~ e~urcn asrs tne
u
Ror~ e ma ~ot• ~r~.r..c res oa~wn. a.cian sn m• r•ma~~a•r o~.aa a~t au~.na caacna• ana anr ai~~n co.x.rcis. saia ov+w~+ sn,u ~wc ~on:t~--
~ ~ tya a~ Ot tM ?IyNt t0 ~7tMtlf~ tM fifM it ~Dy OtNf~ tIRN. 1/~ tM eriRt Of dfhutt 111 p~Y~1Mf~t O? tA16 OOt~ ~nA It tM Ym~ If W~tsO M tM hanas
~~y ~n attorr?~y tor collsctlon. 1. w~. or sit~~r of us. aq~N to pay sll Casts Ot CotlKtion. InUudlnq a r~tsonsOM attotrny's h~. In pse Dayment sha~~ ~ot
~ ~t p1iQ~ at matunty. tn~ RUkps. fY~ftN~, ~Ifd MdOR~~ )o~nuy and ~a+~.a~b co any excensions w..o.wsn «~tnout wnn.. wock.. w~ qv?-
~ j s~,'Wi fp~ paym~nt Mreot, as If no exta~s{ons oi ttm~ or orD~ararK~ Of pay+n~nt 1u0 DMn maG~ or qrantW.
~ 1. o~ w~. an0 ~sc~ of us wh~tnu prlnclpsl. surttY 9wra~tor. enCorsN. or ott?N party MrKO. aq.M to O~ Jo1Mty sn0 s~+MS~b ~+^a- 1, o~ wr~. escn -
E ~wt~K wslw demanq protest, anO notlc.~ ot Mmsnd Prot~st. and nOrWayma~G
{ ' yiwn unMr Aand snd sa1 of ~ad~ psrty.
~ . .
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_ -
aaa~.ss . ~
' ~ NO._.7_-_.1 ...s~~f~Ki_SP~i!/ ~il~ ~ ~ - . . ......~SEAI)~
a?
Mortgagor fully warrants the title to said land and will defend the same against the Iawful claims
of all persons whomsoever, and agrees:
1. To make atl payments required by that note and this mortgage promptly when due.
2. To pay all taxes, assessments, liens and encumbrances on that property promptly when due.
If they are not promptly paid the Mortgagee may pay them without waiving the option to foreclose,
and wch payments, with interest thereon from the date of payment at the same rate as specified in
that note, shall atso be secured by this mortgage.
2; 3. To commit, permit, or suffer no waste, impairment or deteriorati~~? of the mortgaged property.
~ 4. To pay all expenses reasonably incurred by the Mortgagee because of failure of the Mortgagor to
~ comply with the agreements in that note or this mortgage, including reasonable attorneys' fees and
title searches. The oost thereof, with interest thereon from the day of payment at the same rate as
spec'rfied 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 afte~ 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 shall immediatety 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. '
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~ - 600~~5 PacE116? -
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