HomeMy WebLinkAbout0801 ~D
o M ~ ~ vws 3~~?'F
. ~ ~ .
r a~" ~ U
~ n. ~,~c,~ oa ~ MORTGAGE
~c c+~ °'°'M?~'
Charl~a J. S~ll~rs~ Jr.~ G~saldioe B. S~llers
herein "Mortgagor," whether singular or plural, in consideration of conveyance ~
of real property hereinafter described by VENTURE OUT IN AMERICA, INC., F:erein
"Mortgagee," and to secure payment of the balance of the purchase price by
Mortgagor obligated to be aid, as evidenced by promissory note fully identified
hereln, hereby on this 9~b day of J~~r ~ p,p., 197b , ~~0
together with any and all~ufure advances, e er n money or supplies, made 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 .fol l ows : ~`~'oi
i~ : ~,~1/ - -5/~ - 0/%3 - l~0 ~o~-~
Condominium Parcel: lot # 913 of VENTURE OUT AT INDIAN RIVER, INC.,
o a Condominium, according to the ~eclaration of Condominium thereof,
recorded in Official Records Book 201, Page 1402, ~et
~se of the
t~ s~ ~ Publi~c Records of St. Lucie County, Florida, and Amendments thereto
,C~f: N recorded in O.R. Book 225, Page 809, e_t_ se4 and O.R. Book 226,
'l.i~~ ~rr page 393, et seq., of said records. As
provided for by the Condominium
; J~ Act of the Statutes of the State of Florida (Chapter 711, Florida
~Statutes 1965, ~et
s~e said description in this conveyance includes,
; <`F, • r
but ~s not limited to, all appurtenances to the Condominium Parcel
described, including the limited common elements assigned thereto and
! Q'= ~ includin the undivided interest in the comnon elements of said
;WZ~} Condominium, and, also, all other property, real or personal, situated
in St. Lucie County, Florida, now owned, as well as that which may be
~~`1~ ry~ hereafter acquired by the Mortgaqor.
1~--~'~4 ; °
a~~ituit~ii THIS IS A PURCHASE MONEY MORTGAGE
As security for the payment of the promissory note of which the following is a copy:
s
~ 1S 395.60 Jena~ Beach , Florida January 9,1976
s .
~
For value received, I, we. or either of us promise to pay to the order of
` VENTURE OUT IN pMERICA, INC.
~ .
~ the sum of FiftQen thnus~sd h~cL~ ¦_~inetv five 6~/100 Dollars ~
~ (hereinafter referred to as "Total of Payments") at the offices of Venture Qut in America, Inc., in Ptlanta,
~ Georgia, in ~e consecutive rronthly installments of S 15~395.60 eacn
~ beginning J~~~ 8 s . 19 and on the same day of each month thereafter, except that the
~ final payment may e more or ess. eTng the amount ~ecessary to complete payment of the Total of Payments.
Furthermore, for every installment which remains unpaid for ten days after its due date, the undersigned agree
to pay a delinquency charge of 54.0~.
~ lt is agreed that time is of the ~ssence of this contract and that in the ~vent of default in ~a ent ~
of any installment for a period of thirty days the holder:o~.this note may at its option~ declare all theyre-
mainder of said ~ebt due anC collectible and any failure to ~iereise~sali~ ~ption shall not constitute a Maiver
of the right to exercise the same at any other time. In the event of defautt in payment of this note and if the
same is placed in the hands of an attorrrey 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 fran the event of default
at the maximum rate permissible by law. tn case payment shall not be made at maturity, the makers, sureties.
and endorsers, jointly and severally agree to any extensions or renewal$ without further notice, binding our-
selves for pay~r,ent hereof. as if no exfeflsions of •time o~ forb~aranee of payp~nt had been rtiade -or granted.
~
I, Or ae. and each of us whether principal, surety, guarantar, endorser~ or other party hereto. agree '
~ to be jointly and severally bound. I, or we, each further waive demand, pro est and n-pa ent.
~ ~ -~~~Z~~ u~ 9 t
Given unAer the hand and seal of each party. LL~
, ~ : .
~ No. 913 pue 1 Y~AY
~ _ a)
~ TO00 Lake Shoze Road , • j01f/
Derby, New Yoxk 14049 ~ (Seal )
~ ress
~ -
~ ~
~
z
The tota~l,aapunt of. in~ebtedness secured by this Mortgage shall not exc~ed a 15,395.60
~ .
~ Form Revised: April, 1975 Q~ 2~ I/R 4/75 ~
E:'i
~
. rt ~ - ~
-t - .r-e
_ i'n~.~._`
x3.-",.'~'3.x-.-~:__.__~ _ ?.._i__3~