HomeMy WebLinkAbout0816 T TE ~LORICQA ~ - ~
DOCUMENTAR~f ~'~:..~,STAMP ~A>' ~ ~
DEPT.Ui KEIIENUE.~r~ . ` f ~3 ~
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1~ MORTGAGE ~ ~
,~E~ ~~R~ ~T. S~. ~11C1E C0.
~ ` . _
D~vid M. NsibaY~ D~~ J, Hribas
herein "Mortgagor," wheth~r singular or plural, 1n c:onsideration of conveyance
of real pro~erty herei~after described by VENTURE OUT IN AME~ICA, INC., herein
"Mbrtgagee, and to secure pa~yment of the balance of the purchase price by
Nbrtgagor oblignted to be pai~, as evidenced by promis~ory note fully i~entified
herein, hereby on tMs ~=d daUr of J~r A.O., 19?6 ,
together with any and aTl~u'~re ad~vances, e er n money or suppiies, made by
Mortgagee to the Mortgagor, conveys aRd mortgages tfl the said Mortgag~ee its
successors and assigns the real property in St. Lucie County, Florida, descrlbed
as follows:
a~ ~ `~~1•5~b-d~~3•D~Dd~~
Condominium Parcel: Lot # olZ of VENTURE~OUT AT INDIAN RIVER! INC., ~
a Condominium, according ta t e claration of Co~dominium thereof,
recorded in Official Records Book 201, Page 1402, et -se-
4-., of the
Public Records of St. Lucie County; Florida, and Ame-
ndments thereto -
recorded in O.R. Book 225, Page 809, ~et
se~ and O.R. Book 226,
page 393, et seq., of said records. s~provided for by the Condominium
Act. of the Statutes of the State of Florida (Chapter 111, Florida. .
Statutes 1965, ~et
seg said description in this conveyance includes,
but ~s not limit-e3 Lo, all appurtenances~to the Condominium Parcel -
. described, including the limited comrwn elements assigned thereto and
including the undivided interest in the common elements af said
Condominium, and, also, all~ather property, real or personal, situated
in St. Lucie County, Florida, now owned, as well as that which may be ~ -
hereafter acquired by the Mortgaqor. , ~
TNIS IS A PURCNASE MONEY MORTGAGE
As security for the payment of the promissory note of which the follorr,ring is a copy: '
S 1a,266.86 J~sm • , Florida ,~anuary 3.19~~- -
~ t - For value received, t, we, or either of us pranise to pay to the order of.
E
~ VE.NTURE OUT IN AMERICA, INC.
~
the sum of Roart!!~o thoi4sand tw~o hundrod iizt~ six 86/100 Oollars
(hereinafter referred to as "TOtal of Payments") at the offic;•s of Venture Out in Am~rica, Inc., in Ptlanta,
~ Georgia, in 119/1 consecutive ~onthly installme~ts of S 118~89/118.95 eacn
beginning Rebroa= 3 ~ ~ . 1976, and on the same day of each mo~th thereafter, except that the
final paymen m.ay e more or ess. e~ng the amount necessary to canplete payment of the Total of Payrt~ents.
Furt~ermore. for every installment which remains unpaiG for ten days after its due date, the undersigned agree
to pay a deli~quency charge of 54.00. _ -
It is agreed that time is of the essence of this~contract and that in the event of default in Fayment
~f any installment for a pericd, af :hi-ty d~ys the holder of this note aiaY. at its option, declare all the re-
mainder of said debt due and collectible and any failure to exercise~saiG option shall not constitute a waiver
of the right to exercise the same at any other time. In the event of defa~rlt in payment of this note and if the
same is placed in the han~s of an attorrrey for collection, I, we, or either of us, agree W pay all costs of
coliection. including a reasonable attorney's fee and interest upon the unpaid balance fro~ the event of default
at the maxiawm rate permissible by law. In case payiuent shall not be made at maturity, the makers. sureties,
and endorsers, ~ointly and severatly agree to any extensions or renewals ++ithout further notice, binding our- -
setves for payment hereof, as if no ex±ensions ot iime or for-b+earance ~of-payaeR~~d~ tieen.made or granted.
~ - .
~ I, or we. and each of us ?+hether principal, su?•ety, guarantor. endorser. or other party hereto, agree
to be jointly and severally ~ound. I. or we, each further `+aive denand, protest and non-payment.
~ Given under the hand and seai af each party.
,
812 pUe 10 y~ats ~ . (Seal )
12014 l~anlorth Dsi~e ~
Stfsliey liti9hta, Mieh. 4s0~'I ' tseal )
ress
The total amount of indebtedness secured by this Mortgage shall not exceed E 14,Zbb.a6
- Form Revi sed: Apri 1, 1975 Q
~ i~~ PAGE 815 ~~R 4/75
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