HomeMy WebLinkAbout2453 , MORTGAGE ~''i~~
„ Phvllis ,A _ Nr~rri nQ ~
herein Mortga~gor. whether s1ngular or plural, in c~nsideration of conveya~ce
~ of real property hereinafter descrlbed Dy ~~e~h ~ew ! herein !
~ "Mortgagee". and to secure payn~nt o~ the a an e o t~ie purci~ase price by ~
~ MoMtgagor obtigated to be paid, as evldenced by pranissory note fully ldentified .
~ e ein, hereby on this day of A.D.. 19 , to-
gether with ar~y and all future advances e e n nqy or supplles. a~~e by
d _ Mortgagee to the Mortgagor. conveys and mortgages to the said Mort9agee 1ts
,n isuccessors and assigns the real property in SL. Lucie County. Florida, described ~
~ as fotloNS: ~
Condomonium Parcel:
Block L, Lot 21 of Holiday Out At. St. Lucie,
:I-~j N a~.condominium, accordinq to the Declaration of Condominium thereof,
~~;~.+1~ recorded in Official Records ~ak 1S8 a~ paq~ 2348 of the publi~
records of St. Lucie County, Florida. As provided for by the
~;~t~ Condominiwn act of the Statutes of the State of Florida (Chapter 711, f
~:.h Et Seq. 1965) said description in this conveyance includes, but is
's3~ ~ not limited to, all appurtenances to the condominium parcel above
~~a;~ ~ described, including the limited~common elements assiqned thereto,
z;fT o~and including the undivided interest in the common elements of said
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`'c~'~N?Y ~E . THIS IS A PURCHASE MONEY MORTGAGE c~c q
o~ouRr,~
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..s security for the payment of the promissory note of whlch the following is a copy:.
~ 14,220.00 Jens~:n Beach, Florida 8eptembe~c 1975
For value received, I, we, or either of us promise to pay to the order of
Joseph A. Prew Jr. and Lucille R. Prew / v
$ Venture Out , Jensen Beach, F1. 33457 ~
t~e sum af fourteen thousand, two hundred twenty and no/loo----------Dollars
;~~ereinafter re erred to as ota of Payments ,at the of ~ces o ~oseph A. Prew Jr. ~
~n 12p ~ consecutive m~onfhly ~nsta~llments
~~f 5 each beginning , 19~ S , and on
tne sar:~ a;/ each month thereafter, except that tf~e fina payment may be more or less, being ;
tr~e amount necessary to complete payment of Total of Payments. The accrued interest rate
`or this transaction, not including any delinquency charges which may be incurred later is
' ten percent (1Cti~ per a~num.
~
'
~ It is agreed that time is of the essence of this contract and that in the event
~ o~ default in payrrent of any installment for a period of thirty days the holder of this
~ r:ote may, at ;itS option, declare all the remainder of said debt ~ue and collectable and
~ a~,y fai,lyre'to exercise said option shall not constitute a waiver of the right to exercise
, ~he saine at any other~time. In the event of default in payment of this note and of the
~ sa;;;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
~ interest upon unpaid balance from the event of default at the maximum rate penr~issible by
° ~aw. In case payment shall not be made at maturity, the makers, sureties, and endorsers,
~ ~ointly and severally agree to any extensions or renewals without further notice, binding
~ c::;rselves for payment hereof, as if no extensions of time or forbearance of payment had
s ~een r:ade or granted.
s .
E I, or we, and each of us whether principal, surety, guarantor, endorser, or
F :~~er party hereto, agree to be jointly and severally bound. I, or r?~e, each further Y~aive ;
€ ~e,::and, protest and non-payment. ,
€
~ Given under the hand and seal of each party.
" 125 H. O.
~ 10 years ' ~ . ~
';o. Due - (Seal )
~
~ eoo~c 243 ~,2453
$ Venture Out, Jensen Beach, I~l. (Seal )
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