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Home My WebLink About1984 . ~ -Z . ~ s ~D ~vc • RECEn~ . Y 7 iN P~rMExr oF 1~ Ol~ ON CLJISS'C INTAN6181E ~E .~,tal. PItOPER~Y. . ~~1 Tp q1~IP1ER 71-1s1. AG1S Of 111)1. rnt ~ ~~1°~""wc~ co, ~ ~ MORTGAGE p 31~~ ~ Phyllis A. Herring herein "Mbrtgagor," whether singular or plural, in consideration of conveyance of real pro~erty hereinafter described by YENTURE OUT IN AMERICA, INC., herein ~ "Mortgagee, and to secure payment of the balance of the purchase price by Nbrtgagor obligated to be paid, as evidenced by promissory note fully identified herein, hereby on thls~~ da~y of A.D. ~ 19.~de by together with ar~y and ali fiuture advances, er n money or supplies, 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 follows: ~--jo-D//~/-doo d . ~ / . Condominium Parcel: Lot ~ 91 8 of VENTURE OUT AT INDIAN RIVER, INC., a Condominium, according to t~e~eclaration of Condominium thereof, recorded in Offlcial Records Book 201, Page 1402, _e_t_ se4 of the Public Records of St. Lucie County, Florida, and Amendments thereto _ rtr recorded in O.R. Book 225, Page 809, et se and O.R. Book 226, _ ;.-v, , page 393, et seq., of said records. s provided for by the Condominium r'r• .,c, ~i~~'r~~ Act of the Statutes of the State of Florida (Chapter 711, Florida ,:~r., Statutes 1965,-~et seg.), said description in this conveyance includes, ?-.=~~y but is not limit o, all appurtenances to the Condominium Parcel described, including the limited comnon elements assigned thereto and ' including the undivided interest in the common elements of said ; ;~i Condominium, and, also, all other property, real or personal, situated _ in St. Lucie County, Florida, now owned, as well as that which may be ~ hereafter acquired by the Mortgaqor. < i ~ THIS IS A PURCHASE MONEY MORTGAGE . As security for the payment of the promissory note of which the following is a copy: . „~e„ ~~e„~ , Florida ,r„_-~_~--,19~ S 28~432,89 For value received, I, we.~or either of us promise to pay to the order of VENTURE OUT IN AMERICA, INC. } tne sum of Twenty eight tousand four hundred thirty two & 89~100------ ~ollars i (hereinafter referred to as "Total of Payments") at the offices af Venture Qut in M~erica, tnc., in Ptlanta, i Georgia, in 119/1 consecutive ~ronthly instatlments of S 236.94 l 237.03 eacn beginning SeDt. 1 5 . 19~6 and on the same day of each month thereafter, except that the final,ppyin@p may e more or ess. eing the amount necessary to canplete payment of the Total of Payments. FurLKelmore, for every instaltment which re~nains unpaid for ten days after its due date, the undersigned agree to pay a delinguency charge of 54.00. ~ It is agr~ecl that time is of the essence of this contract and that in the event of default in Fayment ~f any installment for a-period•.Of tM rty days the holder of this~note may. at its option. Aeclare all the re- mainder of said debt due and collectible and any failure to exercise said option shall 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 note and if the same is placed in the hands of an attorrtey for collection, I, we. or either of us. agree to pay all costs of ~ collection. including a reasonable attorney's fee and interest upon the unpaid balance from the event of default at the maximum rate permissible by law. In case payment shall not be made at maturity, the makers, sureties, and endorsers, jointly and severally agree to any extensions or renewals without 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 eath of us whether princip~i, surety, guarantor, endorser, or other party hereto. agree ; to be 3ointly and severally bound. I. or we, each further waive demand, protest and non-payment. ~ - , ; Given ur~ier the hand and seal of each party. a ~ No. 918 ~+e ? ~ Tears ~S QRR~ I~Cr (Seal) ~ ~ Venture Out, Jensen Beach F1. 33457 (Seal ) ~ ress + ~ i ~ ~ ~ ~ ~ The total amount of indebtedness secured by this Mortgage shall not exceed ~ a8,4 3 a.89 . ~ ~ ~ Form Revi sed: Apri 1, 1975 ~~~42 PAf,~ 19~ I/R 4/75 ~ 900K ~ ~ ~ ~w ~ x - x.~F .F--~ ~ . ~ ~ ~ s - ~ _ ~j _ _ T' ~ r, _