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Home My WebLink About0441 ~ / ~ ~ . . S D \N 4~ ~.4''~j4 ,i.~(° ~ ~ S j~~E'E~ S~ 111~ I fP+t , ~ ~~~`i p`~`',s, w~ c~' MORTGAGE ( y.1 ~ 4~ ~ ~ ~ Gerald 1:_ BLnker Pevav _ Runkr~r herein "Nortgagor," whether singular or plural, 1n consideratlon of conveyance of real property hereinafter described 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 of the purchase price by Mort- ; gagor obligated to be paid, as evidenced by prarissory note fully identified herein, hereby on this~~ day of A.D., 19~ , together with any and all~uture advances, e t er n money or supplies, made 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: ys// -~/d - O 93/ -Do% Condominium Parcel: Lot #9~0 of VENTURE OUT AT INDIAN RIVER, INC., a Condominium, according to ~he~eclaration of Condominium thereof, recorded in Official Records Book 201, Page 1402, ~e_~t se4 of the Public Records of St. Lucie County, Florida, and Amen~ments thereto recorded in O.R. Book 225, Page 809, et se and O.R. Book 226, page 393, et seq., of said records. ~vided 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 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 : hereafter acquired by the Mortgaqor. ~ i THIS IS A PURCHASE MONEY MORTGAGE . ~ . ; As security for the payment of the promissory note of which the following~ is a copy: ; 3 ` 1?'7q~~ ~q Jensen Beacr, F lCr~da h;a~ch~ . 19~j For value rece~ved, I, ?+e, or either of us pra-~~c to pav to the order cf : i ~ VENTURE OUT IN AMERICA AT INDIAN RIVER, INC, f i k S ~ tr,E sur- cf2'y,~~lve thoLSand seven n~ndr _d ni nty~,, ~#9~100 Dollarc i (hereinafter referred to as "Tot~l of Paymer.ts") at the offic.es of Venture (?ut in ~,rerica a: Indian River, Irc. ~ ~ tformerly knorm as "Holiday Out :n A~erica at St. Lutie, lnc.") in Atlanta, Georgia, ir L~j ~ E consecutive ~ronthly ir.stallments of S 106. 106.6$ each beginning Ida 1 , 19~ ~ ~ and on the same day ef each month therea ter. except t at the final payment Ray e more cr ess, e ng the ~ ~ ar.~ount necessary to complete payme~t of the Total of Paynents. Furtherr•wre, for every installment which remains unpaid fer ten days after its due date. Yhe undersiqned agree to pay a delinquency charqe of s4.00. 3 ~ It is agreed that ti~e is of the essence of tFis ccntract and that in tfe event c~f default in payment ~ ~ c~f any installment for a period of thirty days the holder of this nete may, at its octice, declare all the re- ~ ~ ^~ainder of said debt due and collectible and any failure to exerc~se said option shall r,ct constitute a waiver ~ ~f the ~ight to exercise the same at any other tia~e. In the event of default in pay~*Ent of this note and if the ~ ~ same is placed in the hands of an attorney for coltection. I. xe. or either of us, aqree tc pay all costs of • a collection, including a reasonable attorney's-fee and interest upen the unpaid balanC€ fror~ the event of default ~ at the maximun rate penaissible by law. In case paymertt shali not be made at maturity, the ~akers. sureties. ~ ar:d endorsers, jointly ana severally agree to any extensions or reneti+als without further nc+tice, binding ourselves ~ fer payment hereof, as if no extensions of time or forberrar~ce of payme~t had beer. made cr nranted. S 3 : I, or v+e, and each of us whether principal, surety. guaranter, endorser, or o!tier party hereto, agree to ^ be jointly and severally bound. I, er we, each further Kaive ~emand, prot t and ncn-paymert. F Given under the hand and seal of each party. z ~ # ~ 'o• 9~0 ~e 1O Yrs_ (Seal) ~ ry 14 Charles River Rd. ~ ~ I•:edway, I~;ass. 02053 t~ (Seal) ~ ress - - ~ ~ ; ~ ~ ~ ~ The total amount of indebfedness secured by this Mortgage shall not exceed s~2790.$9 ~ Form Revised: May 1974 BO~K2~9 PAf,E 440 IR 5/74 ~ ~ : _-i - - - ~ . ~ _