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. MORTGAGE ~Ew ro„~s~~ .
Ct~ CrAl11 COYRL SL i'1~
t'a+~I R. PellikKa -
herein "Mortgagor," whether singular or plural, in consideratlon of conveyance
of real proper.ty herei na fter descri bed by ?li i ~ ~:+~o Nc: Fadd ec~ herel n
"Mortga9ee," and to secure payment of the balance of the purchase prlce by
Mbrtgago~ obligated to be paid. as evidenced by promissory note fully ide~tified
herein, hereby on this 1~ day of harcl~ A.D.. 19~_,
together with any and aTT~ure advances. e t er n money or supplies, made by
Nbrtga9ee to the Mortgagor, conveys and mortgages to the said Mbrtgagee its
successors and assians the real property in St. Lucie County, Florida. described
as follows: ~
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--a--- Condominium Parcel: Lot * - of VENTURE OUT AT INDIAN RIVER, INC..
uti ~ a Condominium, according to the~eclaration of Condominium thereof,
N: recorded in Official Records Book 201, Page 1402, et. ~s~e...~ of the
co ; Public Records of St. Lucie County, Florida, and Amendments thereto
c~, ' recorded in O.R. Book 225, Page 809, ~et
se~ and O.R. Book 226,
~~t ~ page 393, et seq., of said records. As provided for by the Condominium
Act of the Statutes of the State of Florida (Chapter 711, Florida
Statutes 1965, ~e~t
s~e said description in this conveyance includes,
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but is not limite o, all appurtenances to the Condominium Parcel
described, including the limited comnon elements assigned thereto and
including the undivided interest in the comnon elements of said
~ Condominium, and, also, all other property, real or personal, situated
,t in St. Lucie County, Florida, now owned, as well as that which may be
~ herea f ter acquired by the Mortgaqor.
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; TNIS IS A PURCHASE MONEY MORTGAGE
As security for the payment of the promissory note of which the following is a copy:
• Jenser. :seacn Florida idarcai 15 ~~g7
S 13, l?9.f~ '
For value received, I, we, cr e~ther cf ~s DrO~''ze to pay te tRe order of
'~i: 1 I i ar~ ~1c adt3e:; -
! ;_craine r. 'rac?~ez
~ R . ~ AS.il.ANL~ Olt. ~-+8~~~
j tairt~en th~~,~sar.d four n.~r.:irec~ seventy r.ir,e c~. "lO~J---________
~ the sum of Goliar~
,nere~nafter referre~ to as "'ctal c` ~a;Terts ; at ~~e o'~~ce~ ~r'illir~i~: r~ddc~^
` Georgia, in ~2') consecut:ve Fort~t, ~esta~'r~ert5 0~ 5_ 11 s eac~
~ beginning ~•~ri 1 15 , 19 and on .*_~e ~.a~e day of each Ronth thereafter~ except that !ne
{ final payment r~ay e more er ess. e~rG tne a~o:.nt r.ecessary Lo complete Day+^ent of the ~otal 4~ Dayi+~ents.
~ Furtherr~ore. for every insiallrrent w~~c~ rer+d~n5 ~n~a1d ~cr ten Qays after iis d~e ~ate. the ~nder;*gned agree
~ to pay a delfnquency charge o! S4_nr,
It is agree~ that tirre is of ~he ezsence o` th~s contract anC [hat in the event of Gefau't =n Fayment
of any installnent for a period of Lh~rLy days the holder of Lhis note may~ at its option~ declare all the re-
^~ainder of said deDt due and collectfDle and any failure *_o exercise said option shall not canstitute a waiver
of the right to exercise the sar~e at ary other tine. In the event of default in payment of this note ar~ ~f ,he
same is placed in the hands of an attorrtey for collection, t, we. or either of us, a9ree to pay all costs of
~ollection, including a reasonable attorney's Fee and interest upon the unpaid balance from the event of default
~ at the maxiRUm rate permissible Dy taw. In case payment shalt not be made at raturity. the makers. sureties~
and enAorsers. jointly and severally agree to any extenslons or renewals without furtAer notice, bendinq our-
§ zelves for payment hereof, as if no extensions of timQ or forGearance of payment had been made or granted.
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~ or we, and eath of us whether prir,cipal~ surety, guarantor. endOrser~ or other party hereto. aqree
; to De jointly anC severally Dound. or we, each f;,rther waive demand. protest and non-payr~ent.
~ Given unAer the hand and seal of each party_
~
` !~o. Gue 12~' r~: t (Seal )
~ ly h-~«~ley dr . .
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_ .e~ster '~.Y. I-iSc?~~ ~ (S?ali
~ ress
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~ The total amount of indebtedness secured by this Mortgage shall not exceed s~-3~~~~•`'`;
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~ Form Revised: Apri1, 1915 ' ~ I/R 4/75
~ - F ~ - ~ ~fi5 P,~,~ 732