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Home My WebLink About1694 . ~ ~ , ~ ~ .y ~~N pA~IMENT Oi TNC~ ~(~ry ; ~ ~ 'C IN1ANti1dLE ~R~~ PRO~~a y.1~. `32 i'0 q~ER 7~•i~. ~s oF ~y~L MORT~AGE ~ ttlC1E 00, ~ ~ G,Ei~I Cl~dl~ ~ ~ John N Bauernschmidt ~ Maraaret c BaL@rncr midt~ hie vtifo 7C .lnhn R~~~crncrtimiilt ~ herein "Mortgagor," whether singular or plural, in consideration of conveyance of real property hereinafter described by VENTURE OUT IN AMERICA AT ST. LUCIE, INC., herein "Mortgagee", and to secure payment of the balance of the purchase ~ price by Mortgagor obligated~to be paid, as evidenced by promissory note fully ~ t id tified herein, hereby on this 3rd day of January A.D., ~ 19~5 , together with any and all future advances either in money or supplies,-made by~ortgagee 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: ~ _ Condominium Parcel: Lot No. V168 of VENTURE OUT AT ST. LUCIE, INC., A Condominium according to the Dec~ aration of Condominium thereof and Amendments thereto, recorded in Official Records Book 189, Page 1677, ~et s~e.; O.R. Book 190, Page 2658; O.R. Book 203, Page 1837; and O.R. ~ Book ~26, Page 395, of the Public Records of St. lucie County, Florida. Y. As provided for by the Condominium Act of the.Statutes of the State o` of Florida (Chapter 111, ~et ~se 1965) said description in this con- veyance includes, but is no-t-Timited to, all appurtenances to the Condominium Parcel above described, including the limited comnon elements~assigned thereto, and including the undivided interest in the common elements of said Condaminium. TNIS IS A PURCHASE MONEY MORTGAGE As security for the payment of the promissory note of which the following is a copy; , S~ 2~ 790• 89 Jensen Beach, Florida ~anuary 3 ~ ~ g 75 , For value received. I, we, or either of us promise to pay to the order of VENTURE OUT I N AMERI CA AT ST. LUCI E, I NC. ~ ~ ' tne sum ofTwelve thousand seven hundred ninetv & 89l100-----------------------------~»ars ; ;Rerelnafter refer~ed to as "Total of Payments") at the offices of Venture Out in Merica at St. lucie. Inc.. 119/1 106.59/~06.68 i in Atlanta, Georgia. 1n tonsecutive nonihly installrents of S each i beginninq , 19j~. and on the same day of each month thereafter, except that the ~ final paymen may e re or ess. e~ng the amount necessary to complete payment of the Total of Payments. ; Furthermore, for every installment which re.n?ains unpaid for ten days after its due date. the undersigned agree ~ to pay a delinquency charge of S4.00. = It is agreed that time 1s of the essence of this contract and that in the event of default in payment ~ of any .installment for a period of thirty days the holder of thls note may. at 1ts option. declare all the re- ~ mainder of said debt due and coltectible ard any failure to exercise said option shall not constitute a?raiver of the right eo exercise the same at any other time. In the event of default in payment of this note and if the rt same is.placed in the hands of an attorrtey for collection. I, we. or either of us, agree~to pay all costs of ~ collectian. including a reasonable attorney's fee and interest upon the unpaid balance from the event of default g at the maximum rate permissible by law. In case payment shall not be made at maturity. the makers. sureties. ~ and endorsers. ~ointly and severally agree to any extension5 or renewals without further notice, binding our- , selves for payment hereof, as if no extensions of time or forbearance of payment had been made or granted. a ~ I, or r+e, and each of us whether principal, surety. guaranLor. endorser~ or other party hereto. agree to be jointly and severally bound. I. or we. each further waive demand. protest and non-payment. ~ Given under the hand and seal of each party. , ~ ~.i ,l ~%`',x' ' ~~o. V168 oue. ~l. ~ (Sea3). ~ _ - . o n . auernsc mi t ~ - - - ~ ~ 1177 Riverbay Rd. , Route 6 ~i1 ~ ' =~~Y~ h Annapolis, Ma. 21401 ~v- (SeaJ)::~ << , a ress • - _ i e . ~I~~'~~ ~ r • _ ' ~r ~ ' ohn G. Baue nschmidt --'=:;~r• - ~ ~ r; fr: The total amount 4f indebtedness secured by this Mortgage shall not exceed ~12,790.89 ~ . ~ Form Revised:4 December,, 1974 . ~ SL 12/74 ~ ~ ~ ~ 600K 236 PACE16~ r A~, ~ - ti y.,.x . :