Loading...
HomeMy WebLinkAbout2204 1i. ~ j ' n~ ?~nrM~t oF TNCet j ~i ~ 01~ OM IXASt'C' INTl1lM'i1M,E /ERSOt~IAI iROPERIf. ~r ro a+~R n-is~ ~ars o~ i9n. MORTGA6E ' Ib6E111~pRp~g /!<<yj CI~RK qAC11R OOill~'f. Sf. t11C1E 00` fU~ 3~4zp t.l oYd i•:cGahey Leona M. I ~cGahe_,y 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 "Nbrtgagee", and to secure payment of the balance of the purchase price by hbrtgagor obligated to be paid, as evidenced by promissory note fully identified herein, hereby on this ~i day of A.D., 19~, together with any and all future advances e ther in rtaney or supplies, made by rtgagee to the Mortgagor, conveys and mortgages~-te~~he said Mortgagee its successors and assigns the real property in St. Lucie CourT~y, Florida, described as follows: ~S _ ~OS -OOC~~ QOD~D Condominium.Parcel: Lot No.y~~ 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 ~se.; O.R. Book 190, Page 2658; O.R. Book 203, Page 1837; and O.R. Boo~C-'f26, Page 395, of the Public Records of St. Lucie County, Florida. As provided for by the Condominium Act of the Statutes of the State of Florida (Chapter 711, et se 1965) said description in this con- veyance includes, but is not ~mited to, all appurtenances to the Condominium Parcel above described, including the limited carmon elements assigned thereto, and including the undivided interest in the common elements of said Condominium. THIS IS A PURCNASE MONEY MORTGAGE As security for the pa~yment of the promissory note of which the following is a copy: s t~~72 - ~ n Jensen Beach. Florida r3arch 15 . 19~j For value received, I. xe. or either of us promise to pay to Lhe order of • VENTURE OUT IN AMERICA AT ST.LUCIE, INC. tne sum of Nine thousand four hundred seventv two & 10/100 ~ottars `.hereteafter referred to as "Total of Payments") at the oftices of Venture Out in Anerlca at St. Luc1e. Inc.. i r. 4tlanta. Georgia. in ~ 1 qJ1 consecutive monthly lnstallr.,ents of S?~Q~,'7(~~,~ each beginning ~V ~ . 19~. and on the same day of each month thereafter, except that the ~ rinal payment y e more or ess. eing the amount necessary to complete payment of the ?otal of Payments. ' Furthermore, for every installment which remains unpaid for ten days after its due date. the undersigned agree I~ to pay a delinquency charge of 54.00. It is agreed that time is of the essence of this contract and that in the event of default in payment I~ nf any installment for a period of thirty days the holder of this note may, at its option, declare all the re- Tainder of said debt due and collectible and any failure to exercise said option shall not constitute a?vaiver ; of the right to exercise the same at any other time. Ih the event of default in payment of this note and if the i i same is placed in the hands of an attorrtey for collection, I, r+e. or either of us. agree to pay all costs of i collection, including a reasonable attqrney's fee and interest upon the unpaid balance from the event of default ~ i at the maximum rate permissible by law. In case payment shall not be made at maturity~ the makers. sureties. ! and endorsers, 3ointly and severally agree to any extensions or renewals without further notice, binding our- ` ~elves for payment hereof, as if no extensions of time or forbearancp of payment had been made or granted. ~ ~ I, or vre. and each of us Nhether rinci 1 suret , P pa . y, guarantor. endorser or other party hereto. agree ~o be jointly and severally bound. I, or we, each further waive demand. protest and non-pnyment. Given under the hand and seal of each party. ~ } ~ ';o. V4. ~e 10 Yrs . on ~ (Seal ) ~ ~ ~ e ~ ' ~ ~'~J (Seal ) ; ress ~ ~ _ The total amount of indebtedness secured by this Mortgage shall not exceed ~ g~k72_~p - Form Revised: Decen~er, 1974 SL 12/74 E i II ~Y YOVA~~~~V ~MjX~ . S - i 'r ~ . ` ` ~ ~ ; _ ~ -.:c~ a f `,r ~"s *~t~'-,"c `r~~.}~ r t~ ~ ^ f ~ ' 4 _ +'~Gc~~ _ ~ .