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HomeMy WebLinkAbout0584 1~ ~ # 1/, RECEIVED 3 3`' , IN PAYMENT OF TAXq : ~V ~ MORTGAGE CLASS 'C INTA'!f:IBIE FE ':J.UIL PROPERIr, F 3 <~Q~~~~~ p{IRSl1ANT TO CFIM~TE~I~ ~ TS OF 19/1/71~ S ~ c~anc awaur oouxr. u. ~ oo` Fu ~ , Don Smith and Fave Smith ; ' i herein "Mortgagor," whether singular or plural, in consideration of conveyance ` of real propert~r herelnafter descrlbed by YENTURE OUT IN AMERICA, INC., herein "Mortgagee", and to secure payment of the balance of the purchase prlce by Mortgagor obligated to be paid, as evide~ced by promissory note fully identified herein, hereby on this day of A.D., 19 , to- gether with any and all~uture advances e er n money or supplles, ~e-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 follon~ls: y~ 3//- 043l0- 000/D Gonmencing at the Soutl~?,~est Corner of Section 12, Townsl~ip 37S, Range 41E, thence North a9°55'14" E along ti~e South line of said Section 12 - 774.41 feet to a Point on the centerline of tl~e 100 foot right-of-way of SR-AIA; tl~ence N 23°49'31" W along the centerline of the right-of-?~ay 2,921.33 feet; thence S 66°10'29" W-290.41 feet; thence N fs7°3B'17" W-393.12 feet; tlience S 89°57'13" W-133.A0 feet; thence S 00°02'43" E-20 ; fc~et; thence S a9°57'13" W-A51.56 feet; thence S 89°55'S7" W-84.04 feet; thence S ~ 00°09'27" E-3a7.00 feet to ti~e Point of 13e9inning. Thence N 49°lb'24" E-42.00 feet; Ci~ence N 89°53'4~!" E-80.61 feet; thence P! 00"05'56" W-59.9G feet; thence S 89°53'44" t•1-a12.58 feet; thence S 00°09'27" E-87.30 feet to the Point of Qeginning. Subject to a road access and utility easeme~~t over that portion of alock Q Lot 7 described ~~s folloris: The Point of Qeginniny being the same for [31ock Q Lot 7; thence N 49°1G'24" C-42.00 feet; thence alony a curve to the left, R=42.00, n= 32°06'SS" an arc distance c,f 23.54 feet; thence N 00°09'27" E-47.20 feet thence S 89°53'44" W-12.50 feet; thence 5 00°09'27" E-87.30 feet to tlie Point of [~eginniny. THIS IS A PURCHASE MONEY MORTGAGE As security for the payment of the promissory note of which the follow.ing is a copy: 15~Rq~_pp . Jens~:n Qeacli, Florida AQR.~ ~ 19 For value received, I, we, or either of us proinise to pay to the order of s V ENTURE 0UT I N A~'ER I CA, I NC, # ~ , _ I' •.~un of T nd Ei ht Hundred Ninet Six and OQ XXX Dollars ' I r~. rc~inafter referred to as Tota of Payments at the offices of Venture Out in .America, ~ ~ in Atlanta, Georgia, in One (1) con~ecutive ~r~nthly installments ~ ~ '~_..,6,896.Q0 each begi~ming May 1 , 19 76 , and on 1 ~ ";~u,::~ day each month thereafter, except that the final payment may be more or less, being ~ € ~r~: ~~~wunt necessary to complete payment of Total of Payments. The accrued interest rate ' ttii; transaction, not including any delinquency charges which may be incurred later is • 4~c~rcent (l0u) per annum. ~ It is agreed that ti~re is of the essence of this contract and tt~at in the event ; ~~if.:f~ult in payment of any installment for a period ~f thirty days thE holder of this c~ ~~~ay, at its option, declare all the re~nainder of said debt due and collectable and ~ :r~; r;~ilure to exercise said option shall not constitute a vraiver of the right to exercise E ~r.~• sau~e at any other time. In the event of defiauli: in payment of this note and of the ~ is placed in the hands of an attorney for collection, I, we, or either of us, agrees ~ ~,~~y all costs of collections, including reasonable attorney's fees, appellate fees and _ ~ ~~~r~est upon unpaid bal~nce from the event-of default at the maximum rate permissible by ~ In case payment shall not be made at maturity, the makers, sureties, and endorsers, ~ ~ ;;ntly and severally agree to any extensions or renewals without further notice, binding ~ ,~-~,~~lves for payment hereof, as if no extensions of time or forbearance of payment had ~ ~...~,•n ;rade or yranted. ~ I, or we, and each of us whether principal, surety, guarantor, endorser, or ~-:~~r party hereto, agree to he jointly and severally bound. I, or ~~e, each further waive ' ~ :t.,and, protest and non-payment. ~TATE FLC~RlG~ ~ ' CGCUME~vTtiFcY-.•' STE~MP tl•.?: ~ ~ _ ~ ~ Given under the hand and seal of each party. ~~E~r OF P.EVE"1UE ~ - " ~ 5. 3 5 ~`f F8 - ~R~ -v IS ~ Z ~ ~ _ ~ta•~: ~ Due O~,e Year pon Smitn s~g. Z~eal ) ~ UR Uc~ ~ ~~t B-7 Yenture Harbor, Jensen Beach, Flortda g00K239 PACE 50J ~ ~ . ~ye Smith sia _~Seal) ' z< - ~ ddress . ~ ~ ° ~ ~ ¢ ~ - ~ ~ ~`-r`" _ r.~.., ~ ~ . ~ ~ ~ F~.<v., ~ ~ -