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RECENE'D S-~~ !!t MttMEMT OF T11XES
! - MORTGAGE ou~ o~ ~s ~ i~tar~e~ ~RSO,wi, a~~n,
~ 308583 ~ T~ ~4 ~S o~ ,9,~.
~ NO~ER POfiRJ1S ) ~C~
` CLFRK CIRdJIT OOURT. 5f. Wl;~E 00.. F1Jl/N U
HUBERT C QUTRO ANO JOAN M DUTRO, his wife
herein "Mortgagor," whether singutar or plural, in consideration of conveyance
of real property hereinafter described by VENTURE OUT IN AMERICA AT ST. LUCIE,
INC., herein "Mortgagee", and to secure payment of the balance of the purchase
price by Mortgagor obligated~to be paid, as evidenced by promissory note fully ~
identified herein, hereby on this Ith day of A ril A.D., i
19~, together with any and all future advances e ther in money or supplies, made
by~ortgagee to the Mortgagor, conveys and martgages to the said I~brtgagee its
successors and assigns the real property i~ St. Lucie County, florida, described ~
as follows: y.5'l/- ~dS'-o/ S/9-vod/~
Condominium Parcel: Lot No.~ 149 of VENTURE UUT AT 5T. LUCIE, INC., A
Condominium according to the~eclaration of Condominium thereof and ;
Amendments thereto, recorded in Official Records Book 189, Page 1677, i
~et.
~s.; O.R. Baok 190, Page 2658; O.R. Book 203, Page 1837; and O.R.
Bo-oTc 226, Page 395, of the Public Records of St. lucie County, Florida.
As provided for by the Condomintum Act of the Statutes of the 5tate
of Florida (Chapter~711, ~et
s~e., 1965} said description in this con-
veyance includes, but is no-
t T~mited to, all appurtenances to the
Condominium Parcel above described, including the limited conmon ~
elements assigned~thereto, and including the undivided interest in
the comnon elements of said Condominium.
7HIS IS A PURCHASE MONEY MORTGAGE ;
;
As security for the payment of the promissory note of which the following is a copy: ~
:
g Z.,4~R_75 _ Jensen Beach, florida April 7 . 19~5
For value received, I, we~ or either of us promise to pay to the order of ~
VENTURE OUT IN AMERICA AT ST.LUCIE, INC.
, ~
the sum of ~vGN Tuni~ceNn Fnii RF~ FIFTY FifHI_tl(ll_I ARS_ and 75/100------ -----~~lars ~
ihereinatter referred ta as "Total of Payments') at the offices of Venture Out in Merlca at St. Lucie, Inc., j
in Atlanta. Georgia. in consecutive monthly installr.,ents or S 1~4_31 124„46 each s
i beginning , 19~. and on the same day of each month ther~a~ter. except that the
final paymen may e more or ess;~e
r?g the amount necessary to canplete paye~ent of the Totat of Payments.
~ Furthermore, for every installment Nhich reraains unpaid for ten days after its due date, the undersigned agree
k to pay a delinquency charge of S4.00.
F
` It is agreed that time is of the esse~ce of this contract and that in the event of default in payment
of any installment for a period of thirty days the holder of this rate may. at its option, declare ail the re-
mainder of said debt due and collectible and any failure to exercise said option shalt not constitute a Naiver
' of the right to exercise the same at any other time. In the event of default in payn~ent of this note and if the
~ same is placed in the har~s of.an attorney for collection, I, we, or either of us, agree to pay a~il costs of
_ collection. including a reasonable attorney's fee and interest upon t~e unpaid balance fra~+ the event of default
~ at the a?axim~a rate permissible by law. In case payment shall not be made at maturity. the makers. sureties.
t and endorsers. 3ointly and severally agree to any extensions or rene~rals r+ithaut further notice. binding our-
F selves for pa,yment hereof~ as if no extensions of time or fer~arance of payment had been made or granted.
i ~
f I, or we, and each of us v+hether principal. surety. guaranto~. endorser. or other p~rty hereto, agree s
to be jointly and severalty bound. I, or rve, each further w~ive dema~d, pro nd non-payment.
Given under the hand and seal of each party.
'
",o. V 149 ~ue 5 years (Seal )
= Hu r C Dutro ~
' (seat)
" ress oart Dutro
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The total amount of indebtedness secured by this Mbrtga.ge sha?l not exceed ~z,4Sg_75
~ - . - - ~
L_:~ i-~ $l. 12/74 ~
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