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Home My WebLink About2706 l- w JTAT~ : 3F t' l...l...' ~',`~,'"T , '~f a~V 'T' : • nW~ : s ? nn _ _ . ~ s ~ U M E N~. 1 Ut: ~~~f ~'EYEtiUf ~ ~ ~ ~ IN PAYIAFIIT OF 1~ j.~~ ~ ~'tb ~ Z Q ~ ~ ~ INTM16181E ~ ly~Rl~f. ~ G~ c-~ - ,YH ~ n ~~'~.~f:f ~ ~ R 71•134~ 1~• r~ ,,,•.z ~'s~_..~-~-- pypSUApT 10 ~Eii POfTRAS + ~ MORTGAGE CLERK CIRCUIT OOURT, sr. ~uc~E co. Fu , Michel Paolozza T r ae I~i Pao o2za herein "Nortgagor," whether singular or plural, in consideration of conveyance of real property hereinafter descrlbed by VENTURE OUT IN AMERICA AT INDIAN RIVER, INC. (formerly known as HOLIDAY OUT IN AMERICA AT ST. LUCIE, INC.), herein "Mortgagee," and to secure payment of the balance o~ the purchase price by Mort- ~ gagor obligated to be paid, as evidenced by promissory note fully identified herein, hereby on this 1 day of I~;arch A.D., 197~_, together with any and aTT~uture advances, e t er n money or supplies, ma~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 # 93 2 of VENTURE OUT AT INDIAN RIVER, INC., a Condominium, according to t~Tie~eclaration of Condominium thereof, recorded in Official Records Book 201, Page 1402, ~e~~~t ~se of the Public Records of St. Lucie County, Florida, and Amendments thereto recorded in O.R. Book 225, Page 809, ~et s~e and O.R. Book 226, page 393, et se of said records. ~rovided for by the Condominium Act of the Statutes of the State of Florida (Chapter 711, Florida Statutes 1965, _e_t s~e said description in this conveyance includes, but is not limite~ to, all appurtenances to the Condominium Parcel described, including the limited common elements assigned thereto and including the undivided interest in the comnon 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 hereaft~r acqui red by the _ Mortgaqor. / f_ S/d - p~ a p D`d THIS IS A PURCHASE MONEY MORTGAGE As security for the payment of the promissory note of which the following is a copy: . S T 1 ~ ~ S 1279Q_$9 Jensen Beacl-, f lcr~da j•;arC~~ + 19~ ~ i For value rece~ved, I, Ne, or eithFr of us pra-~~e Le ~ay tn the order cf I ; VENTURE OUT IN AMERICA AT INDIAN RIVER, INC, i i ~ L~E S~ cf Twelve thousand seven hundred nintx $9j100 t3oi~ar~ & (hereirafter referred to as "Total of Payner.ts") at the ef'iics of Venture (~ut in ir~~erica a: Indiar. River, Irc. t ~ ~formerly kno~en as "Holiday Out in M:erica at St. Lucie, Inc.") in Atlanta, Georgia. ir ~n ; 71 ? consecutive Ronthly ir.stallments of S~ $ each beginning ' ~ , 19~~ ` x and on the same day ef each month therea ter. except t at tke final paymEn Ray e more rr ess, ng the ~ ae~ount necessary to complete payment of the Total of Payments. Furthemore, for every installment whith re+nains ~ ~ unpaid fer ten days after its due date. the undersigned agree to pay a delinquency charqe of 54.00. 1t is agree~ that ti~e is of the essence of this ccntract and that in tFe event af default in payment ~ of any installment for a period of thirty days the holder of this ncte r.wy, at its osticn, declare all the re- ~ ^~ainc+er of said debt due and collectible and any failure to exerc~se said oFtion shall rct constitute a Maiver ~ of the right to exercise the same at any other ti~re. In the event of default in payr.~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 frc~~ the event of default ~ at the maxim~ rate permissible by lar+. In case paymert shalt not be made at maturity, the nakers, sureties, ~ ar:d Endorsers, jointly and severally agree to any extension5 or rene+~+als without further notice, binding ourselves _ ~ fer payment hereof~ as if no extensions of time or forbearar~ce of payment had been ma~e cr nranted. I, or we, and each of us r,hether principal, surety, auaranter, endorser, or o!!~er party hereto. agree to - be jointly and severally bourd. I, er we, each further kaive ~errand~ protest ar~d ncn-payment. Civen under the hand and seal of each party. ±J ~ t:e. g32 ~e 10 Yrs ~(,(9~~, (Seal) ~ ~Y 20 :`.ill Rd. , A jax ~ ' _ Ontprio Canada LIS2~~4 ~I~;;,K~~. , x~ 6'-- (Seal) ~ ~ ~ ress - . ~ _ . - ~ The total amount of indebtedness secured by this Mortgage shall not excPed ~ i2790•$9 ~ • ~ Form Revised: May 1974 B~Wc~cl7 ~ACE27LJ~ IR 5/74 ~ : ; _;r= z w s . . _ 3 ~