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HomeMy WebLinkAbout0806 ~ / 3 0 • ~111fIMM1 ~ MORTGAGE 3~280 . ~ ~ p~ c~oun. u~. ~ fu Ch~rl~i J_ S~ll~rs. JY. (ieraldi0~ 8, $=ll~rs herein "Mortgagor," whether singular or plural, in consideration of conveyance . of real property hereinafter described by VENTURE OUT IN AMERICA, INC., herein "Mortgagee,"~and to secure payment of the~balance of the purchase price by Mortgagor obligated to be paid, as evidenced by promissory note fully identified ~ herein, hereby on this~~ day of ~y~ - A.D., 19~~, ~ together with a~y and a11 future advances, e er n money or supplies, made by ~ Mortgagee to the Nbrtgagor, conveys and mortgages to the said Mbrtgagee its ~ successors and assigns the real property i~ St. Lucie County, Fiorida, described ~ as fol l ows : APPRAISER$ . f _ - u~E OMLY • ~.3~/I = ~5"/D - DII~/ - DD~~~ ~ ~ o ~ ; 1~,~ ' Condominium Parcel: Lot # of VENTURE OUT AT INDIAN RIYER, INC., O`~ a Condominium, according to t e eclaration of Condominium thereof, s~~ recorded in Official Records Book 201, Page 1402, et seq., of the 0 `J`~~ N Public Records of St. Lucie County, Florida, and Amendments thereto ;~al tti N ~ recorded in O.R.~ Book 225, Page 809, et se and O.R. Book 226, , I page 393, et seq., of said records. s provided for by the Condominium o` ; t Act of the Statutes of the State of Florida (Chapter 711, Florida ~ ! 4•..~ '.~r; Statutes 1965, ~et seg said description in this conveyance includes, ° ~?W"'~" but ~s not limite o, all appurtenances to the Condominium Parcel $ W~iz ~ ~described, including the limited comnon elements assigned_thereto and rW+~ w including the undiv~ded interest in the comnon elements of said ~ ~ ~~Y~~~~ , Condominie~m, and, also, all other property, real or personal, situated ~ ~ o in St. Lucie County, Florida, now owned, as well as that which may be = hereafter acquired by the Mortgaqor. t~.t~c~ ~lUtlilti TNIS IS A PURCHASE MONEY MORTGAGE As security for the payment of the promissory note of which the following is a copy: Jensmf Bcach , Florida Ja~nuasy 9 ,19 76 ~ ~ S 1,~.395.60 ~ - For value received, I, Ke. or either of us prorise to pay to the order of ~ t VENTURE OUT IN AMER~ICA, INC, - ~ ~ tne sum of Fitteen thousand three hundred nina~ty tive 60/100 ' Dollars ; (hereinafter referred to as "Total of Payr.~ents"~ at the offices of Yenture C~ut in America, Inc., in Ptlanta, ' reorgia, in ~e consecutive Ronthly installments of 515~395.60 eacn ~I b2ginning J~ y~_ ~ 19~~ and on the same day of each month thereafter, except that the ~ final payment may e mor- e or less.~eing the amount necessary to complete payment of the Total of Payments. I Furtherniore. for every installment which remains unpaid for ten Aays after its due date, the undersigned agree i to pay a delinquency charge of 54.00. i • ! It is agreed that time is of the eSsence of this contract and that in the event of default in ~ayment ~ ~ of any installment for a period of thirty days the hotder•~bf Lhi,s no~e oiax, at its option. declare all the re- ~ ` rnainder of said deDt due and collectible and any faiture to exercise'safid option shall not constitute a Naiver _ ~ of the right to exercise the same at any other time. In the event of default in payment of this note and if the ~ same is placed in the hands of an attorrrey for cotlection, I. we, or either of us. agree to pay all costs of i collection, including a reasonable attorney's fee and interest upon the unpaid balance from the event of default F at the maximum rate permissible by lar+. In case payment shal) not be made at maturity. the makers, sureties, ~ and endorsers, jointly and severally agree to any extensions or renewals without,_fur~her. noLice..binding our- selves for payment hereof, as if no extensions of time or forbearance or ~ymeAt"had been aiade or-granted. ~ ' I, or we, and each of us Nhether principal, surety. g~arantor, endorser~ or other party hereto, agree ~ i to be jointly and severally bound. I, or we, each further waive demand, protest and non-payme~t. ~ ~ i Given unAer the hand and seal of each party. ~ ~ : ~ rio. 914 pUe 1 Year X (Seal ) ~ 7000 Lake Shozt Aoad . ~ Derby, N1e~e Yo~dt 1404T (Seat ) - ress t ~ L a ~ ~ ' ~ ~ The total amot~nt of in~iebtedness secured by this Mortgage shall not exceed ~15~395.bo ,i x . ~ . I/R 4/75 ~ Form Revi sed: Apri 1, 1975 z48 PACE ~ F::~ . _ - ~ - - ~ ~.1~~=a*s.~~ t._-~.__ - . _ . - ~ ~,t ~"~,~-'`_~~s