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~ l.?O I.A MORTGAGE ~j~ 'C IMI~~&E~M PAYpe~ ~ T
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~~'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: .
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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
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R~YE.•~Uf ` " -
- = -e•rs ~ Z 3. 1 O THIS IS A PURCNASE MONEY MORTGAGE
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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 ?
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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.
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~ 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.
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~ 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.
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~ Given under the hand and seal of each party. -
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~ ;,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
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