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HomeMy WebLinkAbout2603 W. / RECEiVED • IN PArM~Ni OF T~Xd DIIE ON ~ IpTANGiB! E PERSONAL PROPERIY~ py~llNlT TO q1AP~F~ 1l 134. II~TS Of 18I1.~` ~Q~A~.~,---------- - ~GER POIiRAS 'S c,~uR sT. 'a'~'E °0y F"` MORTGAGE .n STAT E~~ F L O~? ~ t~ ~i DOrUMfNTARY ..;,:,STIaMN TAX 2 • c ~ (iE Yl Ui NEVE'~UE ~ .t ~ _y ~ - P.B. = r t ~ 2 ~'1~ ~i , 3 3. y J M " ' 4 - t~;~2 ~ J mes V S tn ~ f f er h 1 arv H_ Strn~f f'pr herein "Mortgagor," whether singular or plural, in consideration of conveyance of real property hereinafter described by VENTURE OUT IN AMERICA AT INDIAN RIVER, 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 identified herein, hereby on this ~ day of Feb - A.D., 19 ; together with any and a uture advances, e t 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: Condominium Parcel: Lot ~911 of VENTURE OUT AT INOIAN RIVER, INC., a Condominium, according to tFi~e~eclaration of Condominium thereof, recorded in Official Records Book 201, Page 1402, et _se~ 4., of the : Public Records of St. Lucie County, Florida, and Amendments thereto : ~ recorded in O.R. Book 225, Page 809, et -se~-., and O.R. Book 226, page 393, et se of said records. ~ provided for by the Condominium ; Act of the Statutes of the State of Florida (Chapter 711, Florida - Statutes 1965, ~et seg.), said description in this conveyance includes, ? ~ but is not limit o, all appurtenances to the Condominium Parcel ~ ` described, including the limited conmon elements assigned thereto and y~ i including the undivided interest in the comnon elements of said Condominium, and, also, all other property, real or personal, situated a in St. Lucie County, Florida, now owned, as well as that which may be ~ hereaft~r acquired by the Mortgaqor. ~ TNIS IS A PURCHASE MONEY MORTGAGE ~ ~ As security for the payment of the promissory note of which the following is a copy: ~ < 2?21~_f~p Jensen BcacF. flcr~da Feb 13 , 1~ ~ For value rece~ved, I, ?ve, or either of us pror~sf te Fay to the orde~ cf ~ ~E ~ ~ VENTURE OUT IN AMERICA AT INDIAN RIVER, INC. i tnE S~ ~f Twenty two thousand two hundred forty seven & 60/100 Dollars s. ~ (hereirafter referred to as "Total of Payneets") at the offic.es of Venture (~ut in l,r,~erica a: Indiar. River, Ir.c. Lfor~nerly kno?rn as "Holiday Out in America at St. Lucie, inc.") in Atlanta, Georgia. ir ~ ~ consecutive Ronthly ir.stallments of S 222L~.7.60 each beginning NOV . 19~ ~ and on the same day ef each month therea~ter~ except t at thE final payment Ray more er ess. e ng the ` art~ount necessary to complete payment of the Total of Payments. Furtherrwre. for every instzllment Mhich re+~ains ~ unpaid fer ten days after its due date. the undersigned agree to pay a delinquency charqe of 54.00. ~ It is agree~ that ti~re is of the essence of tFis ccntract and that in tFe event. cf default in payment of any installment for a period of thirty days the holder of this nete may, at its octicr:, declare all the re- € r~ainder of said debt due and collectible and any failure to exerc~se said o~tion shall rct constitute a waiver of the right to exercise the same at any other ti~e. In the event of default in payis~ent of this note and if the ~ same is placed in the hands of an attorney for collection, I, we. or either of us, agree tc pay all costs of ~ collection, including a reasonable attorney's fee and interest upen the unpaid balance frer.~ the event of default j at the maximu~ rate permissible by lar+. In case payment shall not be made at maturity, the Rakers, sureties, ~ ~ ar~d erdorsers, jointly and severally agree to any extensions or rener~als without further nc~tice, binding ourselves f _ icr payment hereof~ as if no extensions of time or forberrance of payment had beer. made cr granted. ~ I, or rre, and each of us ~hether principal, surety, guaranter, endorser, or o!fier party hereto, agree to ~ be jointly and severally bound. 1~ er we, each further kaive ~emand~ protest and nan-oaymert. ~ Civen under the hand and seal of each party. ~ (Seal) ~ ~~o. 911 Due Idov- 1~tQ~~ ~ 1+1$0 hioores Dock Dr. ; ~ Pt. Clinton, Ohio ~ ~ ;seai~ ~ ~ - ress = ~ ~ ~ - ~ . 1 1~ V~ :+1 a ~ The total amo4nt of indebtedness secured by this Mortgage shall not exceed ~~2 21~,7_60 ~ Form Revised: May 1974 600K~ PAGE~V~ IR 5/74 ~ _ , ~ _ ~ ~ = > _ ~-W,_ . _ _ _ . , _ _ . N r,..