HomeMy WebLinkAbout1170 i
. . ~ ~
, ' ~
~ g ~
~°~~Y ~ ~ IMORTGAGE ~1°° ~ '
p~ oM a~ ~ Mmwa~ ~ _
~ ~u~ ~ ~ n.~, a i~,~.
~~u~,u~°~'fu ~
Williaa P. Pyott Helen L. Pyott ~ ;
herein "Mortgagor," whether singular or plural, in consideration of conveyance
of real pro~erty hereinafter described by YENTURE OUT IN AM~RICA, INC., herein
°Mortgagee, and to secure pa~ynent of the Dalanca of the purchase price by
Mortgagor obllgated to id, as evidenced by pranissory note fulty identified ,
herein, hereby on this day of A.D., 19 7'S ,
together Nith any and aTT~ufure advances. e er n a~oney or supplies, made by -
Mortgagee to the Mbrtgagor, conveys and aartgages to the said Mortgagee its
__.successors and assigns the real property in St. Lucie County, Florida, descrlbed
o ;as follows: ~~,s~~
N ~ o~~ L~j I- 5~c• ~/3s- oc~`~
9ss
r)=-~ ~ Condominiwn~Pa~^cel: Lot ~ of VENTURE OUT AT INDIAN RIVER, INC., ~
a Condominium, according to e claration of Condominium thereof,
_ re c o r
d e d i n O f f i c i a l R
e c o r d s B o o k 2 Q 1, P a g e 1 4 0 2, e~ t~ s e9 o f t h e
f Public Recqrds of St. Lucie Coun~y; Florida, and Amendments thereto
recorded in O.R. Book 225, Page 809, ~et
seq., and O.R.•Book 226,
page 393, ~et
se., of said records, rovided for by the Condominium
~c Act of the
t
tes of the State of Florida-(Chapter 711, Florida
a+Z ~ .Statutes 1965, ~et
seg.), said description in this co~veyance inctudes, ~
~ W`~ ~ but is not limit
o, a11 appurtenances to the Condominium Parcel ~
Q~~b,~~ N described, including the limited conmon elements assigned thereto and }
~~,t~ a~ including the undivided interest in the comnon elements of said
~~ol.~~~i,;~j~, Condominium, and, also, all other praperty, real or personal, situated
in St. Lucie County, Florida, now owned, as well as that which may be
; b 6£ ti 0 hereafter acquired by the Mortgagor.
~ritir ~uc~e : THIS IS A PURCHASE MONEY MORT6A6E
G~uNit .f _
As security for the payment of the promissory note of Nhich the following is a copy: '
Jensea Beach Oct. 15
S 12~9o.e9 is , Flortda ,19 T5
For value received, I, v+e. or either of us pranise to pay to the order of ~
VENTURE OUT IN AMERICA, INC.
; the sum of 1~?elve thousand seven hundred ninetv b 89/100------------------~- Oollars
~ (hereinafter referred to as "Total of Pay+ne~ts") at the offices of Venture Out in America, Inc., in Ptlanta,
Georgia, in 119~ consecutive ~.onthly installments of S 106.59/Y,06.68 eacn
beginning DeCembet I . 19?5. and on the same day of each a?onth thereafter. except that the
I final paymen may more or ess. e~ng the
amount necessary to canplete payment of the Total of Payments.
~ Furthernare, for every instatlment which reawins unpaid for ten days after its due date, the undersigned agree
to pay a delinquency charge of 54.00.
It is agreed that time is of the essente of this contract and that in the event of default in payinent
of any installment for a.p~~i ~Q hirty days the holder of this note iaay. at its option. declare all the re-
mainder of said debt dyg~,~ni..~31TRtible and any failure to exercise said option shall not constitute a rr~iver
of the right to exercise the saine at any other time. In the event•of default in payment of this note and if the
sa~ne is placed in the hands of an attorney for collection, I, we, or either of us. agree to pay all costs of
collectton. including a reasonable attorney's fee and interest upon the unpaid balance frdn the event of default
at the maxi~ rate penuissible by lar+. In case paynieet shall not De made at n~aturity, 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 tiae or forbearance of pay~eent had been made or granted.
I, or r+e. and each of us whether principal, surety, guarantor. endorser~ or other party hereto. agree
to be 3ointly and severally bound. I. or we. ea~h further waive demand, protest and non-payment.
~
Given urMer the hand and seal of each party.
Due • ~ Seal
No. 935 lo vears ( )
Hone Brook Pa ~uJ (Seal )
ress
The total aan~~oynt:of indebtedness secured by this Mbrtgage shall not exceed S I~.~qo•49 .
Form Revised: Apri1, 1975 b0~~4~ P~~~6' IIR 4/75
. 5
J . ' 4 e
-~:'e~.~,~ ~,-~,f~x'•`ra~ a ' ~ u'~'~~- '
r