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ppR~11AtIT Tp q1AR?ER 71-13~, IICTS OF 19/1.
ROGER PORRAS I~
(~RK CIRqlIT 0011RT, ST. WCIE 00., FUl _ .
Walter R. Potter
herein "Nortgagor," whether singular or plural, in consideration of conveyance
of real property hereinafter described by VENTURE OUT IN AMERICA AT INDIAN .
RIYER, INC. (fornierly known as HOLIDAY OUT IN AMERICA 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 promissory note fully ide~tified
herein, hereb on this__~~ da of A.D., 19~5_ ,
together withyany and aTT~tureyadvances, e 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: '
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Condominium Parcel: Lot ~~g~
of VENTURE OUT AT INDIAN RIVER, INC., i
a Condominium, according to"tfie Declaration of Condominium thereof, ~
recorded in Official Records Book 201, Page 1402, ~et
se of the
Public Records of St. Lucie County, Florida, and Ame~ments thereto
recorded in O.R. Book 225, Page 809, et se and O.R. Book 226,
page 393, et seq., of said records. ~vlded for by the Condominium ~
Act of the Statutes of the State of Florida (Chapter 711, Florida
~ Statutes 1965, et se said description in this conveyance includes, ~
but is not limit~, all appurtenances to the Condominium Parcel ;
described, including the limit~ed comnon elements assigned thereto and ~
including the undivided interest in the common elements of said ~
Condominium, and, also, all other property, real or personal, situated -
in St. Lucie County, Florida, now owned, as well as that which may be ;
hereafter acquired by the Mortgagor.
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THIS IS A PURCHASE MONEY MORTGAGE #
As security for the payment of the promissory note of which the following is a copy:
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~ ~ 5,634.~9 Jensen Beach, F1Crida Janua~ $ , 1g~
~or value rece~ved, I, we. or eithFr of us p~^a~~sc- to pay to the order cf
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VENTURE OUT IN AMERICA AT INDIAN RIVER, INC. ;
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; cne s~n- of Fifteen thousand six h~dred thirty four &~q/~e9 oot~ar~ ~
~ (hereinafter referred to as "Total of Paymer.ts") at the offiie~ of Venture (1ut in An~erica ai lndiar. River, Irc.
~ iformerly known as "Holiday Out in Art;erica at St. Lucie, Inc.") in Atlanta, Georgia, ir ~ ~ 9f 1
! consecutive monthly.ir.stallments of S 1 0• z 1 0. ~ each beginning Fe . 19~_
~ and on the same day ef each month therea ter. except t at the final paymen Ray e ~r.ore rr ess. e ng the
d amount necess'ary~ to tanplete pa~ent of the Total of Payments. Furtherr•iore, for every installment ?+hich remains
€ unpaid fer-ten days~a~fer {ts~bo date. the undersiqned agree to pay a delinquency charqe of S4.00.
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; It is agreed that ti~e is of the essence of this ccntract and that in tFe event ~f default in payment ~
~ of any installment for a period of thirty days the holdEr of this n~te may~ at its octicr., Aeclare all the re-
a ^ainder of said debt due and collectible and any failure to exercise said o~tion shall r.ct constitute a waiver
~ of the right to exercise the same at any other time. In the event of default in payrent of this note and if the
: same is placed in the hands of an attorney for collection, I, we, or either of us, aqree tc pay all costs of
~ collection, including a reasonable attorney's fee and interest upen the unpaid balance froe~ the event of default
~ at the maxim~ rate permissible by laN. In case payment shall not be made at maturity, the rakers, sureties,
~ ar:d endorsers, ~oi~tly and severally agree to any extensions or renewals without further r?c+tice, binding ourselves
; fer payment hereof, as if no extensions of time or forberrar~ce of payment had been rrade cr nranted.
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; I, or we, and each of us whether principal, surety, guaranter, endorser, ar o!?+er party hereto, agree to
~ be ~ointly and severally bound. I, er we, each further ~aive ~emand, protest and ncn-nayment.
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; Civen u~sder the h8nd and seal of each party. ~ ~
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~ 929 oue 10 Yrs. _ (seat )
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p Lu-ma-ro ~ 13 Gambrills Md. (seat )
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~ . Y 9 9 ~5,634.$9 ~
The total amount of indebtedness secured b this Mort a e shall not exceed ~
r OR ~
~ Form Revi sed : May 1974 ' BOOK ~.JU PAGE 9~ I R 5/ 74 i
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