HomeMy WebLinkAbout0372 ~E~~ ,S ~ IN FAYMENT OF IIIxES 3z~~^~ ~1
ouE ON CtA96'C INTAtiGIBIE ?'E'..': P~GPEft{Y~
:"IRSt1ANT TO CHAriER 71•13:. 0.CTS OF~ 1911. /~j'(, MpRTGAGE
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p08lR POITiiAS
CIERK CtItG1R ODUIi~. S~. luC1E C0. fi~ J
Ra~ mond L. _ ~TOhnaen anA [,rar~o F~ .Tnhn~ ~r,
herein "Mortgagor," whether singular or plural, in consideration of conveyance
of real property hereinafter described by VENTURE OUT iN AMERICA, INC., herei~
"Mortgagee," and to secure payment of the balance of the purchase price by
Mortgagor obligated to be pafd, as evidenced by promissory note fully identifled ;
herein, hereby on this~~
day of A.D., 19~_, '
together with any and all future advances, e er n money or supplies, made by ~
Mortgagee to the Mortgagor, conveys and mortgages to the said Mbrtgagee its ~
successors and assigns the real property in St. Lucie County,~Florida, described ;
as fol 1 ows : ~pp~~SER$ a
~ ~ o,~ y~r,~ s.o -~,3 ~ -000/6 i
C~ r
~ Condominium Parcel: Lot # 9 37 of VENTURE OUT AT INDIAN RIVER, INC., ~
~ a Condominium, according to t e eclaration of Condominium thereof, ~
recorded in Official Records Book 2Q1, Page 1402, ~et
se of the
Public Records of St. Lucie County, Florida, and Amendments thereto~
recorded in O.R. Book 225, Page 809, et se and O.R. Book 226,
r` page 393, et se 7~~' ~
__c1., of said records. s provided for by the Condominium
r Act of the Statutes of the State of Florida (Chapter 711, Flo~ida
Statutes 1965, ~et
s~e said description in this cnnveyance includes,
but is not limited to, 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
Condominium, and, also, all other property, real or personal, situated i
in St. Lucie County, Florida, now owned, as well as thaL which may be
hereafter acquired by the Mortgaqor. - ~
. f, ~ THIS IS A PURCHASE MONEY MORTGAGE :
, _
As security for the payment of the promissory note of which the following is a copy:
a
i
Jensen Beach , Florida Nov. 22 ~1~_
S 12839~46
For value received. I. we, or either of us pror,ise to pay to tt?e order of ;
Y
VENTURE OUT IN AMERICA, INC.
; tne sum of T~elve thousand. eight hundred thirty nine and 46/100------- Dot~ars ~
~
; (hereinafter referred to as "Total of Payments") at the offices of Venture Qut in America. Inc., in Ptlanta, ~
i Georgia, in 119 f 1• consecutive ~ronthly i nstal iments of S ~~7 ~-0QT~Q~ eatn ~
i beginr.ing Jan . 1 0 , 19~ and on the same day of each month thereafter, except that the ~
j final payment m.ay e more or ess. eing the amount necessary to complete payment of the Total of Payments. ~
E Furthernare, for every installment xhich remains unpaid for ten days after its due date. the undersigned agree '
; *o pay a delinquency charge of S4.00. ~
~
It is agreed that time is of the essence of this contract and that in the event of defautt in ~ayment ~
of any installment for a period of thirty days the holder of this note may. at its option~ declare all the re- ~
~ mainder of said debt due and collectibte and any failure to exercise saiA option shall nat constitute a waiver ~
i of the right to exercise the same at any other tir~e. In the event of default in payment of this note and if the ~
same is placed in the hands of an attorney for collection, I, rre~ or either of us, a ree to
; g pay all costs of
` collection. including a reaso~able attorney's fee and interest upon the unpaid balance fran the event of default ~
~ at the maxirt~wn rate permissible by laN. In case payment shall not be made at maturity, the makers~ sureties, ;
~ and endorsers, 3ointly and severally agree to any extensions or renerrals without further notite. 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 each of,us Mhether principal, surety. guarantor, endorser. or other party hereto, agree =
} to be jointly and severally bound. I. or we, each further waive denand, protest and non-payment. `
t
` Given unAer the hand and seal of each party.
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~ t~o. 937 Due lp~aars / ,J~ ~ (Seal) ;
{ ;
116 E. 27th St., Minneapolis, Minn. ~ (seal)
ress
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; The total amount of indebtedness secured by this Mortgage shall not exceed ; ?~,8 39.~+b
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' Form Revised:
_ April, 1975 6CDK~~i~ PAr,E 37~ I/R 4/75 ~
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