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HomeMy WebLinkAbout0572 1 ~ ~ ~O . . 4 U ~ l.?O I.A MORTGAGE ~j~ 'C IMI~~&E~M PAYpe~ ~ T - ~.ewR ~ ~~'1 S ~ ~1ER 71.~~ ~t P~'~?EK~r ~ ~ Clq~, ~~~bT ~ 19/J. Y~C Lawrence Atkin and Nilda Atkin herein "Mortgagor," whether singular or plural, in consideration of conveyance of real propert~ hereinafter described by VENTURE OUT IN AMERICA, INC., herein "Mortgagee". and to secure pdyment of the balance of the purchase price by Mortgagor obligated to be paid, as evldenced y promissory note fully identified herein, hereby on this ~ day of ' A.D., 19 to- gether with any and all u ure advances er n money or supplies. ~e-by Mortgagee to the Mortgagor, conveys and mortgages to the sald Mortgagee 1ts successors and assigns the real property in St. Lucie County, Florida, described as follows: . ~ • - OG~B -a00/D Comnx~nciny at thc Sout~hw~::t Cc~rne:r of Section 12, Township 37S, Range 41E, thence North 89~55' 19" alony tt~~~ Sauth linc of said Section 12-77d.41 fectt to a Point on the centerli~~~ of the 100 foot right-of-way of Slt-AIA; Lhe~ce N 23s99'31" W alc~nc~ tt~e centertine oE`tl~e rigl~t-of-way 2,921.33 Eeet; t!?ence S 6G'10'29" W-290.01 fe~rt; Ci~ence N a7°33'17" W-393.12 feet; the~ce S f39°5'l'13" W-133.40 feetj thence , S 00~02'43" E-20 feet; tl~enc.e S 89°57'13" W-97.80 feet; thence S 00°03'38" E-179.92 fcet to the Yoi nt of Iie~q i nn i~~g; thence S£i9' S6' S0" W-112. 39 feet; tl~ence S 00°OG' 11" 1:-GO feet: thence N a9"56'50" E-112.38 feet; thence N 00°08'46" W-18.2~feet; thence N 00°03' 38" W-41.73 feet to L-he Poi~it of Beginni~ig . Subject to a road acce~s and utility easement over the Westerly 12.5 feet. Subject to restriction of record. :~T"ATE FLORi~A ~ ~;~CtJM€~1iARY~:-;;; STAMP TAa : v:. ;ti R~YE.•~Uf ` " - - = -e•rs ~ Z 3. 1 O THIS IS A PURCNASE MONEY MORTGAGE _ ~s. - ~ ~ ..ti~~ s s~cur. y~ne Nayn~nt of the promissory note of which the following is a copy: 15.800.00 Jen~.~:n Qeach, Florida ' / 6 , 19 ? : _ For value received, I, we, or either of us promise to pay to the order of VENTURE C?UT I P~ AF!ERI CA, I NC. i ' ~ t>:~ sum of Fifteen Tho~:sand Eight Hundred 8 00/100------------------ Dollars ;h~r•einafter referred to as Total of Payments at the offices of Venture ut in America, ~ ir~t., in Atlanta, Georgia, in 119/1 consecutive rr~onthly installments ~ =~t 5_ 131.67/131.27 each beginning /G , 19 ?S' , and on t?~e sa~r.~ day each month thereafter, except that the final yment may be more or less, being ~ ti~e amount necessary to complete payment of Total of Payments. The accrued interest rate ~ fc~r- this transaction, not including any delinquencv charges which may be incurred later is ~ ter~ percent (10~) per annum. It is agreed that time is of the essence of this contract and that in the,event ~T default in payment of any installment for a period of thirty days the holder of this ~ ~:ote 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 rraiver of the right to exercise ~ the sarne at any other time. In the event of default in payment of this note and of the ~ ~~,~;;e is placed in the hands of an attorney for coll~ction, I, we, or either of us, agrees tc~ pay all costs of collections, including reasonable attorney's fees, appellate fees and ~ ~nterest upon unpaid balance from the event of default at the maximum rate perrriissible by ~ lav~. In case payment shall not be made at maturity, the makers, sureties, and endorsers, ;ointly and severally agree to any extensions or rene?~als without further notice, binding y ~~rselves for payment hereof, as if no extensions of time or forbearance of payment had ~ :,~:en made or granted. ~ ~ I, or we, and each of us whether principal, surety, guarantor, endorser, or ~ ~;tt~er party hereto, agree to be jointly and severally bound. I, or w~e, each further waive ~ ~E~.~and, protest and non-payment. ~ ~ Given under the hand and seal of each party. - ~ • ~ ~ ;,o. Due ~o c~ ~A uJ ~E~vice Qr~,t -516 (Seal ) ~ ~~oK23 ~~E 571 ~ ~(E~t"~7lRtC ~~A ~a.~ ldA Ark,.~ ~~L (Seal) ~ - Address ~ ~ ~ ~ - ~ _ ~ c'~~;"yT'~ ~ ~.1i ~3~ .~'~°`r"_~_ . ~ n .~.r~?'. _ ~ ~ . _ _ _ . _ n ~ T_.i _•^7i vi,,: