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Home My WebLink About2822 . i Y SN PAYMEN~ ~ ~ . ;~~s „ •yy::Al PROP~~ ; RE~~u,~ ~NTNN~IBIE •F S ~ ,~n~' MORTGAGE D1~ ~ TEP 71.y.:1. 1~ ~ : p{~S1NIIi 10 pp~jltA,i IE ~ pp1?itT~ S(. LIIC FL~ f q,E,RIt CIRC~ + .1 ~ K ~ ~nnwden ?ariena Snnrrd~ri ; herein "Nortgagor," whether singul r or plural, in consideratlon of conveyance i of real property hereinafter descr~bed by VENTURE OUT IN AMERICA AT INDIAN ~ RIYER, INC. (fornierly known as HOLIOAY 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 - A.D., 19 together with ar~y and a u re advances, e t er n money or supplies,.ma~by i 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 Parcet: Lot ~_~~_of VENTURE OUT AT INDIAN RIVER, INC., ' a Condominium, according to t~e ~6eclaration of Condominium thereof, ~ recorded in Official Records Book 201, Page 1402, et se of the ~ Public Records of St. Lucie County, Florida, and Amen nts thereto ! recorded in O.R. Book 225, Page 809, ~et s~e , and O.R. Book 226, ' page 393, ~et s~e., of said records. sA-provided for by the Condominium ; Act of the ~tatutes 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 i described, including the limited carmon elements assigned thereto and ' including the undivided interest in the comnon elements of said ~ t Condominium, and, also, all other property, real or personal,~situated y ~ in St. Lucie County, Florida; now owned, as well as that which may be ~ ~ hereafter acquired by the Mortgagor. ~ ~ 7HIS IS A PURCHASE MONEY MORTGAGE t ~ As security for the payment of the promissory note of which the following is a copy: ~__17232.75 - Jensen Beact, Florida Feb 1~ , 19~ For value rece~veG, I, we. or either of us pror~sc to pav to the or~er af ' VENTURE OUT IM AMERICA AT INDIAN RIVER, INC.- ~ I ~ 4 f ~ tne sur af Seventeen thoLSand twe hLndrer~ thirty two & 7~~100 oollars ~ (hereinafter referred to as "Total of Paya~er.ts") at the offices of Ventu~e Out in taerica ai lndian River, Inc. ; ~ (formerly known as "Holiday Out in /Yr~erica at St. Lucie, Inc.") in Atlanta, Georgia, ir ~ 1 9/ 1 j ~ consecutive nsonthly ir.stallments of S 1~3.~l11a1~..35each beginning , 19~~ ~ and on the same~day ef each month therea~ ef r, -except t~ thF final paymen ~ay R:ore cr ess. ~the ~ amount necessary to complete paynent of the Total of Payments. Furthercwre, for every installinent ?vhich remains ; unpaid fcr.ten days after its due date, the undersigned agree to pay a delinquency charqe of s4.00. ; It is agreed that time is of the essence of this ccntract and that in tt~e event c+f default in payn~ent of any installmEnt for a period of thirty days the holdEr of this ncte ~ay, at its o~ticn, declare all the re- Tainder of said debt due and collectible and any failure to exercise said oFtion shall r.ot constitute a waiver ; of the right to exercise the same at any other tie~e. tn the event of default in pay+r.Ent of this note and if the same is placed in the hands of an attorney for collettion, I, we~ or either of us. agree tc pay all costs of ' ~ collection, inctuding a reasonable attorney's fee and interest uper~ the unpaid balance fra:~ the event of default ~ at the maxirn~ rate peneissible by laM. In case payeent shall not be made at e~aturity, the ~akers. sureties, ar:d endorsers, 3ointly and severally agree to any extensions or renewals without further notice, binding ourselves fer payment hereof, as if no extensions of time or forberrance of ~+apnent had been ~r.ade cr granted. ~ ~ ~ I, or we, and each of us Mhether principal. surety, guarantor, e~dorser, ar other party hereto. agree to ° De ~ointly and severally bound. I, or rre, each further Kaive ~emand. protest and nan-paymert. y , ~ Given urtder the hand and seal of each party. . ~ ~ F~o • 906 Due _ 10 Yrs . ~ (seal ) ~ ~ P. 0. Box 439 ~ Escanaba, Aiich. 49$29 q (sea~) ~ - - - ~ ress ~ ~ ' S ~ a 1 r ~ 1~! ~ f{ ,~~~i L{7 7 ~ Ths_ ~~a~=, ~ynou~t of indebtedness secured by this Mortgage shall not exceed S ~ ~ ~ ~ Form Revised: May 1974 600K~?JV PACE2819 IR 5/74 ~ ~ - - ~ ; ; +{s~~ ~ x ~ J'~ ~ , y .r 3kf ~ ac.a?' K *i"~ . _ . . . . ~ ~+:~~5.~~a~