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HomeMy WebLinkAbout2239 U / 30~58~ ; ~ , 1~ y~ - ~ ~ri~ ~ T~ . f ~ ~lORTGAGE p.~a ro ~s ~ i~o~ER~r~ ~ ~ woc~ parw~~ ti - u.Eroc c~wcvR aowrr, sr. uw~E oo~ Fu ~ NUBERT C DUTRO AND JOAN M DUTRO, hts wife herein "Mortgagor," whether singular or plural, in consideration of conveyance vf 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 prtce by Irbrtgagor obligated to be paid, as evidenced by promissory note fully ,identified herein, hereby on this lth day of A°~ ril A.D., 19 , together with any and all future advances e r in money or supplies, made : by~rtgagee to the Mortgagor, conveys and mortgages to the said Mortgagee its ; successors and assigns the real property in St. Lucie County, Florida, described as follows: _ Condominium Parcel: Lot No.~ 13 of YENTURE OUT AT ST. LUCIE, INC., A Condaminium according to the- Declaration of Condominium thereof and ~ Miendments.thereto, recorded in Official Records 8ook 189, Page 1b77, ~ e-t-s~-.; O.R. Book 190, Page 2658; O.R. Book.203, Page 1837; and O.R. ~ BooTc ~26, Page 395, of the Public Records of St. Lucie County, Florida. $ As provided for by the Condominium Act of the Statutes of the State i of Florfda (Chapter 711, _et s~~., 1965) said description in this con- veyance includes, but is no- t Timited to, all appurtenances to the Condominium Parcel above described, including the limited canron elements assigned thereto, and including the undivided interest in the comnon elements of said Condominium. ,~/~-~j _~QS'_DQ/3 -~oD`G THIS IS A PURCHASE MONEY MORTGAGE As security for the payment of the promissory note of which the following is a copy: S 1.458.75 Jensen Beach. florida Apri1 7 ~ ~g75 - For value received, I, we, or either of us promise to pay to the order of VENTURE OUT IN AMERICA AT S7.LUCIE, INC. 't ; the sum of cc~vcw suA~tS1?ND FAUR HUNDREILFiFTY ETCNT nni i~c AN(~ 7~/1M1__---------- Dollars v t~~• ~ . ;herelnafter refe~red to as 'Total ot Payments") at tfie offices of Venture Out 1n America at St. Lucie. Inc.. ~n Atlanta, Georgia, in ~c,g~t consecutive monthly tnstallc.ents of S 124.31 / 124.46 each ; begi~ning , 19~r . and on the same day of each month thereafter, except that the ; final payment may re or ess. eing the a~aount ~ecessary to canplete payment of the Tatal of Pay~?ents. ~ Furthermore, for every installment ?+hich renains unpaid for ten days after its due date, the undersigned agree # ~ to pay a delinquency charge of S4.00. ~ 3 It is agreed that time is of the essence of this contract a~d that in the event of default in payment ~ of any insiallment for a period of thirty days the holder of this note may. at its option. detlare all the re- ? ~*ainder of said debt due and collectibte and any failure to exercise said option sha11 not constitute a waiver ~ of the right to exercise the same at any other time. In the event of default in payn~ent of this nate and if the same is placed in the hands of an attorney for collection, I, we, or either of us, agree Lo pay all costs of ~ collection, including a reasonable attorney's fee and interest upon the unpaid balance from the event of default ~ at tfie maximum rate permissible by law. In case payment shall not be iaade at maturity. the makers, sureties. ~ ar.d endorsers. 3ointly and severally agree to any extensions or renewals Nithaut further notice. binding our- selves for payment hereof, as if no extensions of time or forbearance of payment had been made or granted. ~ I, or we, and each of us rrhether principal, surety, guarantor. endorser. or other party hereto, agree ~ to be:jointly and severally bounA. I, or we, each further rsive demand. pro nd non-payment. ~ Given under the hand and seal of each party. ? ';o . V 1 ~ _ ~e ~ ~ec~r~ ~Seal ) Hub u ro ~ ' x ~~'l cseal ) ' ress an M Dutro The .~otal amount of indebtedness secured by this Mortgage shall not exceed ~',458.75 ~ £ a ~ - - - - - ~ ' ~ T~,-f t)fi L,f i;.~'' 1 Q R $L ~2~74 ~ ; f; _ ~::;,.~;~.~.Q,~ ~T;.;~~~ - ; , 8oQK239 P~~22~3 : ~ ~ ~ ~v~ .1F-. ~ - ( ~ r~: M ~ _ ~ ~ ~ i. 2 S ! - ~ ~ , - ~ ~ ~ . . _ _ _ _ ~ ~ i s ~ . ~ . ~ ~ . _ P . ~ . _ . ,