HomeMy WebLinkAbout0568 1 ~U 1~~ M''~~s~"~ , 1~ ~~tC . Z ~ ' ~
CJ ~`_~~p ~L; c~~'.'. . ~ .~~,:,c~'~{ MORTGAGE 3~"~~~5 _ ~
~ R~Q11 GU~,• ~~,ER ll•13i ~ 1 ~Kww' Ni~ M e1 J~T 1A
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Artl~ur N and A1 ~ e 0 B ~mann '
herein "Mortgagor," whether singular or plural, in consideration of conveyance ;
of real property ~ereinafter described by VENTURE OUT IN AMERICA,.INC.,~herein
"Mortgagee", and to secure pa~yn~ent of the bal~~nce of the purchase price by ;
Mortgagor obligated to be paid, as evidenced b promissory note fully identified ~
herei n, hereby on thi s~_ day of A A. D. , 19 ?S", to- ~
gether with any and all~u~e advances e er n money or supplies, ma e-6y ~
Mortgagee to tF~e Mortgagor, conveys and mortgages to the said Mortgagee its ~
~successors and assigns the real property in St. Lucie County, Flortda, described ~
as follows: . '
i
Com~aaenciaq at the Southwest Corner of Section 12, Township 37S, Ranqe 418j thence North
89~55' 14" E along the South line of said Section 12-774.41 feet to a Point on the
centerline of the 100 foot riqht-af-way of SR-Al~.; thence N 2~'40' 31" W alonq the
centerline of the rightrof-way 2,921.33 feet; thence S 66°10' 29" W-290.01 feet; thence
N 87°33' 71" W-393.12 feetf thence S 89° 57' 13" W-133.40 feets thence S 00~ 02' 43"
E-20 feet= thence S 89°57' 13" W-97.80 feett thence S 0(f03' 38" E-221.65 feett thence ~
S 00°08' 46" 5-18.25 feet to the Point of Beginninqf thence S 89~°56' S0" W-112.38 feet;
. thence S 00°06' 11" E-60.00 feet; thence N 8~°56' S0" E-112.42 feet to a Point= thence ~
N 00°08' 46" W a distance of 60.00 feet to the Point of Beqinning. ~
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~ Subject to a road access and utility easement over the westerly 12.5 feet. Subject to
restriction of reoord.
.:T `=~T,~,TE~-~~ h=LORiD~'~ E .
-~Ci;;.'~EhITAR`!,~`.-} STI~MF ?!,X !
v=• GF NEYFtiUE
. _ ~ i
~,a_ ~4 Z 3. J O THIS IS A PURCHASE MONEY MORTGAGE
As security for the payment of the promissory note of which the following is a copy:
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~ 1~~~~~_pp Jens~.n Beach, Florida A~.~ Z$ , 19'TS '
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For value received, I, we, or either of us promise to pay to the order of
VENTURE (lUT I N AF!ERICA, I P~C.
~~.e sum of Fifteen Thousand Seven Hundred Fift Two and 00/XXX Dollars
' ;~~s~reinafter referred to as Tota of flayments at the offices of Yenture ut in America,
~ :~~c., in Atlanta, Georgia, in One (1) consecutive R~onthly installments
I o~ S 15,752,00 each begi~ining Mav 1 , 19 76 , and on
E *~~e sa~:~ day each month thereafter, except that the final payment may be more or less, being
~ ~ne amount necessary to complete payment of Totai of Payments. The accrued interest rate
E ~or this transaction, not including any delinquency charges wtiich•may be incurred later is
~ ~en percent (1C~~ per annum.
~ It is agreed that time is of the essence of this contract and that in the event
~T default in payr^ent of any installment for a period of thirty days the holder of th~s
~~~c,te may, at its option, declare all the remainder of said debt due and collectable and
,~ny failure to exercise said option shall not constitute a waiver of the right to exercise
~~e same at any other time. In the event of de~ault in payment of this note and of the
sa:~:e is placed 'rn the hands of an attorney for collection, I, we, or either of us, agrees
~ pay all costs of collections, including reasonabie attorney'~ fees, appellate fees and
=:r;terest upon unpaid balance from the event of default at the maxi~q?um rate permissible by
~ ;a~.r. In case payment shall not be made at maturity, the makers, S~ireties, and endorsers,
g -ointly and several.ly agree to any extensions or r.enewals without further notice, binding
~ :;,:r;elves for payment hereof, as if no extensions of time or forbearance of payment had
~ _:~en m.ade or granted.-
~ I, or vre, and each of us whether principal, surety, guarantor, endorser, or
~ r,~r,er party hereto, agree to be jointly and severally bound. I, or k~e, each further waive
~ ~e~and, protest and non-payment.
Given under the hand and seal of each party.
~ Due One Year ~Arth~!r H Ba~m~ann ~i~_ (Seal )
gaoK239 PA~E 5fi7 ~ ~ ~ • (Seal)
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