Loading...
HomeMy WebLinkAbout0965 ~ TAT E~=-~ ~ F i.._. G R~ ~ ~ . UOCUMENTARY. ; SIl.MP t~,~. ~ • ° [~Fr'T Gf F:LVf~'1UE ~ Z r' + n - . •~s . ~ ~ Z 3. 5 5 ni ~ f' B.2 y ' . _ . ~ ~ - 3r ~1 ~ ~ 3Q~ i ~ o~ ~ ~ MORTGAGE 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: ' i 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. i THIS IS A PURCHASE MONEY MORTGAGE # As security for the payment of the promissory note of which the following is a copy: ~ s i ~ ~ 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 ; VENTURE OUT IN AMERICA AT INDIAN RIVER, INC. ; ~ - ; 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. : ~ ; ; 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. _ ~ ; 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. _ ; Civen u~sder the h8nd and seal of each party. ~ ~ ~ "•b . G~~ ~ 929 oue 10 Yrs. _ (seat ) ~ ~ n p Lu-ma-ro ~ 13 Gambrills Md. (seat ) x ~ ress 54 - - ~ ~ ~ S ~ if ~ . 3 2 ~ . 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 $ > - ~ =y~ _ _ _ . . _ . ~ .