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RECEIVED ~n ~a,~~~., ~ 32p99 f(
Dl~ ON CU1SS 'C' INTM~tGlG1 F?u'=i0tuil PRDPER('t~ ~ t
PUR$IIAMT 10 CMAFiE4 11-lit 1CtS Oi 1911. i
~~T~s • MORTGAGE t
CIERK CiRCIlIT OOUitI. S[. ux:~E 00, Ftl~ " ~ 1
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Hasold A. SMITH Narion D. SMITH
herein "Mortgagor," whether singular or plural, in consideration of conveyance
of real pro~erty hereinafter described by YENTIlRE OUT IN NF~RICA, INC., herein
"Mortgagee, and to secure pa~y~ne~t of the balance of the purchase prlce by
Mbrtgagor obligated to be id, as evidenced by pranissory note fully identified
herein, hereby on thls ~ day of oatot~er A.D., 19 Ts ,
together Mith any and ~T1'~fure advances, e er n money or suppties, made by
M4ortgagee to the Mortgagor, conveys and mortga?ges to the said Mbrtgagee 1ts
successors.and assigns the real property in St. Lucie County, Florida, described ~lu~~~-
as follorrs. ~a?~sa~s ~ 3~~;1} Thi73
us~ or~~r yS/l• .~ib - d/3p' D4~ ~
~443@i
Condominium Parcel: LOt ~ 938 of YENTURE OUT AT INDIAN RIVER, INC.,
a Condominium, according to~ie-6eclaration of Condominium thereof, ;}~~~t~~~'°(~(jj
recorded 1~ Official Records Book 201, Page 1402, ~et
se of the ~i~--~
Public Records of St. Lucie County, Florida, and Amendrnents thereto i^'~i~it°~3D
recorded in O.R. Book 225, Page 809, ~et ~se and O.R. 6ook 226, ~~~j~+-~
page 393, e~_t_ s~ , of said records. s1~provided for by the Condomini~n V c D
Act of the Statu
t
e s o f t h e S t a t e o f F l o r i d a ( C h a p t e r 7 1 1, F l o r i d a N~.~,~o
Statutes 1965, ~et
s~e said description in this conveyance includes,
but is not limi~ed to, all appurtenances to the Co~dominium Parcel `;f~~'".'~ ~
described, including the limited camwn elements assigned thereto and ~1
including the undivided interest in the conmon elements of said ~'~`yt~
Condominium, and, also, all other property, real or personal, situated ~r0
in St. Lucie County, Florida, now owned, as well as that which may be w?3 ~~F
hereafter acquired by the Mortgagor. • J>~ ~
THIS IS A PURCHASE MONEY MORT6AGE ~:,,Jj ~
As security for the payment of the pranissory note of rrhich the follorring is a copy: ;
~
E 1 s, 69a.26 J~~~ ~a~ , Fl ori da oat. 30 ,19~ ,
For value received, I. we, or either of us promise to pay to the order of
VENTURE OUT IN AMERICA, INC.
the sum of ~Yfteea thousand six hundred aine~t~ four &26/100---------..-..------~ollars
(hereinafter referred to as "Total of Payments") at the offices of Yenture Out in America, Inc., in Ptlanta,
' Georgia, in 119/1 consecutive a~.onthly instaltments of S 130.T9/130.25 eacn
r
I beginning Noveabe~c 30 , 1975, and on the same day ~f each awnth thereafter, except that the
E final paymen may more or ess. e ng the
mnount necessary to cpaplete paywent of the Total of Payments.
f Furthernwre, for every installment Mhich renains unpaid for ten days after its due date, the undersigned agree
to pay s delinquency charge of S4.00.
{
~ It is agreed that time is of the essence of this contract and that in the event of default in payment
of any installment for a period of thirty days the hotder of this note may, at its option. declare ail the re-
~ mainder of said debt due and collectible and any failure to exercise said option shall not constitute a r+aiver
~ of the right to exercise the same at any other tine. In the event of default in papnent of this note and if the
~ saine is placed in the hands of an attorney 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 fr~on the event of defautt
~ at the maxinKaa rate perwiissible by larr. In case pay+nent shall not be aade at maturity, the makers, sureties,
and endorsers. ~ointly and severally agree to any extensions or renewals Mithout further notice, binding our-
F selves for paya~ent hereof. as if no extensions of time or forb~arance of paynent had been ~aade or granted.
` I, or we, and each of us whether principal, surety, guarantor, endorser. or other party hereto. agree ~
~ to be 3ointly and severally bound. I, or we, each further wnlve denand, protest and non-payment.
~
€ Given ur~ler the hand and seal of each party. ~
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; ~o. 938 Oue 10 years ~ ~ (Seal )
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~ 3800 so. Decatwr l~t 12 Laa Y as Nev. atL~( / (Seal )
a ress
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~ The total amount of indebtedness secured by this Mortgage shall not exceed ; 15,694.26 .
` Form ReVfsed: ~ April, 1975 BORr~4~ FAGf~~~ I/R 4/75
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