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Home My WebLink About0429 ~ . ~v~~q(1 ~ ~ `3 IN p ~L P:~O?ERI`I~ t~/~~• 'y ~~lE YE ...v•• v , itECE~ ~ .C INtAl1~ pF 1911. fJ~ ~ ! ~ ; ~ j t0 CMI~'iER 11•134. y 0 r s~?~c?~ a" MORTGAGE o` ~ y~ a~ ~ D~e??vid F. Mowty Marjosie Mewty herein "Nortgagor," whether singular or plural, in consideratio~ of conveyance ' of real property hereinafter described by VENTURE OUT IN AMERICA AT INDIAN RIVER, INC. (forn~erly known as.HOLIDAY OUT IN AMERICA AT ST. LllCIE, 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 30 day of A.D., 19 T5 , together with any and aTT~uture advances, e t er n money or supplies, ma-ae 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 # of VENTURE OUT AT INOIAN RIVER, INC., a Condominium, according to t e claration of Condominium thereof, ~ recarded in Official Records Book 201, Page 1402, ~e_t se_~., of the Public Records of St. Lucie County, Florida, and Amen~ments thereto recorded in O.R."Book 225, Page 809, ~et seg and O.R. 6ook 226, . page 393, et seq., of said records. rovided for by the Condominium Act of the Statutes of the State of Florida (Chapter 711, Florida - Statutes 1965, et se said description in this conveyance includes, but is not limit~, all appurtenances to the Condominium Parcel described, including the limited conmon elements assigned thereto and including the undivided interest in the common 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 acquired by the Mortgaqor. THIS IS A PURCHASE MONEY MORTGAGE As security for the payment of the promissory note of which the following is a copy: t ` 12T90.89 Je~sen Beach. Fler~da MaaCCh ~30 , 1g T5 For value rece~ved. I. we. or either of us pra~~~e te pav to the order cf ~ ' VENTURE OUT IN AMERICA AT 1NDIAN RIVER, INC, ~ ~ ~ tnE sur af 1~elve thousand seven .hundred nioety & 89/100---~---------------- Dollar~ i # (hereinafter referred to as "Total of Pay~er.ts") at the offices of Venture Rut in k~~erica a: Indian River, Irc. ~ (formerly knoKn as "Holiday Out in IYr,erica at St. Lucie, Inc.") in Atlanta, Georgia, ir 119/1 _ consecutive monthly ir.stallments of S_~Q6.59/106.65 each Deginning ApY~l 30 . 19?5 ~ and on the same day cf eath month ther~ter, except t at the final payment ~ay 6e a~ore cr ess, e ng the amount necessary to complete pay~nent of the Total of Payments. Furthemore. for every install~nent Nhich remains unpaid fcr ten days after its due date, the undersigned agree to pay a delinqueocy charqe af 54.00. It is agree~ that'ti~e is of the essence of this ccntract and that in tFe eve?!t 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 ~e- r~ainder of said debt due and collectible and any failure to exercise said o~tion shall r.ct constitute a waiver of the right to exercise the same at any other tia~e. In the event of default in payrEnt of this note and if the ~ same is placee in the hands of an attorney for collection, I, we, or either of us, aqree tc pay all costs of collection, including a reasonable attorney's fee and interest upen the unpaid balance fror.~ the event af default ~ at the m.aximisa rate permissible Dy law. In case paynient shall not be made at maturity, the ~~akers, sureties, y ar:d endorsers, fointly and severally agree to any extensions or rene++als without further nc~tice, binding ourselves ~ fer payment hereof, as if no extensions of time or forberrance of payment had been rraCe cr granted. ~ I, or we, and each of us r,hether principal, surety, guarantcr, endorser, or o:her party hereto, agree to ~ ~ be 3ointly and severally bound. i~ er we, each further Kaive ~emand, protest and ncn-naymert. ~ _ ~ h Given under the hand and seal of each party. ~ ~ ?:e. 936 p~e 10 years (Seal ) ~ ~ V ` 1~Q ~lta st. ~eekonks Mass. 027?l ~ , (Seal ) ~ ress - ~ ~ ~ ~ ~ ~ ~ ~ The total amount.of indebtedness secured by this Mortgage shall not exceed ~~?9Q_~9 . ~ Form Revised: May 1974 g~~ IR 5/14 i ~ , ~ xa~ : , ` ~ n ~.r ~ . ._.w ; , . _ _