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Home My WebLink About0154 b' 359820 MORTGAGE Louis J. Cappadona and Sandra G. Cappadona, his wife herein "Mortgagor." Nhether singular or plural. in c~nsideration~of conveyance of real property hereinafter described by Ro er ur herein "Mortgagee", and to secure payment of the balat~ce o~~e purchase price by Mortgagor obllgated to be pa1d. as evidenced by promissory note fully ldentified herein. hereby on thls ~3,.._ day of A.D., 19 , to- gether with any and all future advances e er n money or supplies, ~e-by Mortgagee to the Mortgagor, conveys and mortgages to the said Mortgagee 1ts successors a~d assigns the real property in St. Lucie County, Florida, described as follows: Condominium Parcel: Lot No. 145 of Venture Out at St. Lucie, Inc., a Condominium, according to the Declaration of Condominium thereof, recorded in Official Records Book 189, Page 1677, ~et. se of the Public Records of St. Lucie County, Flori'da. As provided for by the Condominium Act of the Statutes of the State of Florida (Chapter ~11, et. seq. 1965) said description in this conveyance includes, na ~ ~ut is not limited to, all appurtenances to the condominium 5 parcel above described, includinq the limited common elements ~ assiqned hereto, and including the undivided interest in the com~non elements of said Condominium. ~ F F" L i`..1 t-! 1~., I~ 1 RECEIMED ~ Z 3• 7~ IN PA1fM~NT OF TAXR i rA E NTA R Y.> 5 i ii M t' ` l. i ~ DUE ON CIASS 'C IN*MtGIBIE PERS4NAL PROPERry. : rEVE!1UE ~j'`~`:.:~ - MIRSUMIi 10 GL1P F"i 11•134. ACiS OF 1971. - ~ ~ i 7 8 5 1 ~ER POITRAS _ ~ "a' ~ ' a.Era cwcu~r oou~r, sr. ~uci~,. , 1 THIS IS A PURCHASE MONEY MORTGAGE As security for the payment of the promissory note of which the following is a copy_: _ 11, 894.40 Jen~ ~:n Qeach, Florida March 3 ~ ~g ?7 For value received, I, we, or either of us promise to pay to the order of Roger D. Arthur and Emily R. Arthur, his wife 410 East Parkway ~ . ' Stuart, Fl. 33494 . , i ~ sum of eleven thousand eight hundred ninety four and 40/100 Dollars ! ~;`•reinafter referred to as Tota of Payrr,ents ~ at the offices of Roger D. Arthur ~ in ~~p con;ecutive R~onthly ~nsta~lments ~ S 99 _ 1~ each be~~i ~,ninq _~r; i~ , 19~~, and on sac~~: dsy e3ch rr,onth thereafter, except that tf~e final payment may be more or less, being °~,e a~rount necessary to corrplete payrr;ent of Total of Payments. The accrued interest rate `~r this transaction, not including any delinquency charges which may be incurred later is ~;ercent (1C%:! per annum. It is agreed that tiTe is of the Essence of this contract and that in the event ~:efault in payment of any installr*e~t for a perio~ of thirty days the holder of this ~.;;<< r~ay, at its option, declare all the recrainder of saic debt ~ue and collectable and failure to exercise said option shall not constitute a waiver of the right to exercise ~-.e sa~r~e at any other time. In the event of default in payment of this nate and of the -~~e is placed in the hands of an attorney for collecLion, I, we, or either of us, agrees ~ F~ay all casts of collections, including reasonable attorney's fees, appellate fees and -•~erest upon unpaid balance from the event of default at the r~aximum rate perrr:issible by ',~:l. In case payr,ient shall not be made at maturity, the makers, sureties, ar,d endcrsers, ~ ~~r:tl~ and severally aeree to ar~y extensions or rene~•lals without further notice, bin~ing ~ ;,r;elves for payment hereof, as if no extensions of tinie or forbearance of payment h~d ~:,ade or granted. I, or v:e, and each of us whether prir~cipal, surety, guarantor, endorser, or ; t~F~r party hereto, agree to be joint-ly and severally bound. I, or v:e, each further v~aive ~eTand, protest and non-payment. . . ~ 4 Given under the hand and seal of each party. F ri ~,VS PACE ~5~ x ~ . Due ~ a~ (Seal) • ~ 14 S 10-~.e ar . ~ ~ ~J 1 (Seal ) F ress r~~-