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Home My WebLink About1989 RfCE1VED IN PAYMEt1T Of TAXf~ Y oue a+ a~?ss ~ ~+ROPE"~r; MORTCAGE '3 ~1 ; p{~p,S1~AqT 10 GIAPIER 7lax ~ts oF iy~i~~~ ~ ~3 i c~ac ~ o~ota~ s~~, wc~ oo, ~u ~ i ' Bernie B. IA06 & NAncy D. Loos HIS WIRB ~ ~ herein "Mortgagor," whether singular or plural, in consideration of conveyance ~ of real property hereinafter described by VENTURE OUT IN AMERICA, INC., herein "Mortgagee". and to secure p~nnent of the balance of the purchase price by Mortgagor obligated to bG paid, as evidenced by promissory note fully identified herei n. hereby on th1 s.~,~. day of~___ tya~ A. D. , 19 ~5 , to- ~ s gether with any and all future advances e~~her n money or supplies, ~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 follows: co:nmencing at the Southwest Corner~of Section 12, Township 37S, Fange 41F, thence ~torth 89°55'14" E along the South line of said Section 12-774.41 feet to a Point ~on the centerline o~ the 100 foot right~of-way of SR-AlA= thence N 23°49'31" w alonq th certerline of the right-of-way 2,921.33 f.eet; thence S 66°10'29" W-290.01 feet;thenc r; 87°33'17" W-393.12 feet= thence S 89°57'13" W-133.40 feet~ thence S 00°02'43" E-20 feet; thence S 89°47'13" W-210.32 feet; thence S 00°06•11" E-386.82 f_eet to the Poin of Beginninq; thence N 48°22'17" E-40.50 feet; thence N 89°56'S0" F-82.15 feet; thence S 00°08'46" E-26.86 feet to a Point~intersecting a Curve havinq a Radius of s 112,49 feet and 0=28°19'28" along the Arc of said Curve to the right-55.61 feet; thence runN61°47'03" W-112.49 feet to the Point of Beqinning. Subject to a road acc-; ~ss and utility easement over that portior o~ !~lock 1~ Lot 7 descrihed as f_ollows: ; Point of Beginning being the same P.O.B. for Block A Lot7; thence N 48°22'17"E-40.50 reet; thence along a curve to the right, R=40.50 feet A~69°50'40" an arc distance of.~ 49.37 feet; thence S 48°22'~17" W-40.50 feet to the Point of Beginninq. Subject t~ ~ restriction of record. THIS IS A PURCHASE MONEY MORTGAGE 7?~~~- 3~l 00//-OG~ 6` ~ As security for the payment of the promissory note of which the following is a capy: . ~ 2of24o•oo Jens~~n Beach, Florida ~Y is ~ ~g 75 ~ For value received, I, we, or either of us promise to pay to the order of VENTURE C1UT I N A~!ERI CA, I NC. the sum Of ltivent thousand two hundred forty &no/100-----------------------gp~ldrs '~,ereinafter referred to as Total of Payments at the offices of Venture Out in America, :~c., in Atlanta, Georgia, in one consecutive monthly installments ~ ~r 520,240.0o each beginning may 15 , 19 76 , and on ; ~n~ sar:ti day each month thereafter, except that tr~e final payment may be more or less, being ! tne a~nount necessary to complete payment of Total of Payments. The accrued interest rate r =or this tMansaction, not including any delinquency charges wfiich may be incurred later is ~ ~ ~en percent (10:~~ per annum. ~ ~ ~ It is agreed that time?~is of the essence of this contract and that in the event ~ ~ ` default in payment of any installment for a period of thirty days the holder of this 8 ~ote may, at its option, declare all the r~mainder of said debt due and collectable and ~ ~:~y failure to exercise said option shall not constitute a waiver of the right to exercise ~ ~~e same at any other time. In the event of de~ault in payment of this note and of the s:;~e is placed in the hands of an attorney for collection, I, we, or either of us, agrees ° ~o pay all costs of collections, including reasonable attorney's fees, appellate fees and ~ ~:~~~terest upon unpaid balance from the event of default at the maximum rate permissible by ° 'a~.~. In case payment shall not be made at maturity, the makers, sureties, and endorsers, t -ointly and severally agree to any extensions or renewals without further notice, binding ' -;rseives for payment hereof, as if no eztensions of time or forbearance of payment had ~ :;een r^ade or granted. ~ ~ ~ I, or we, and each of us whether principal, surety, guarantor, endorser, or ~ ~,~rer party hereto, agree to be jointly and severally bound. I, or k~e, each further waive ~ ~e:^and, protest and non-payment. ~ ~ ~ Given under the hand and seal of each party. ~ ~ ~ , A7 M.H. Due ~e year ( Sedl } ~ 1 ~ : . _ ~ -s~242 ~ ~ . ` ; ~ , . . V Nancv D I,oos ( Seal ) ~ ddress ~ M„ ~ : . ~ ` ~s ~ - ~ ~ _ ~ ~ ~ y ~ >