The URL can be used to link to this page

Home My WebLink About0428 t I~X~~ ~ ~ „~~c T OF 1~ pF,u., l P;~O.'E`•.tl'f~ • r., ~ RECf.lYEO S~ c ;n ~GtEIC tE ~s OF ~911• ~j ' `~•~?-y,~ . pU~ ON j~~ C1IAPTER 11•134~ ~ .4 _ . ~'S~u~?~ C0• MORTGAGE ` ~~c C~~~ °°Urt' - ~o~ - ; , - ~ IJavid F. Me~r~y M~ ~~e Mow~ty herein "Mor~gagor," whethet~ singular ~r plurals in consideration of conveyance - of re~l property hereinaf~er describe~ by VENTURE OUT IN AM~RICA AT INDIAN - RIVER, INC. (formerly known as.HOLIOAY UUT~Ifa AMERICA AT ST. LUCIE, INC.), herein "Mortgagee," and to secure payment af the balance of the purchas~ price by Mort- _ gagor obligated to be paid, as evi~enced ~y promissory nflt~ fully identified . herein, hereby on ~his 30 da~ of A.p., 19 ?s s together with ar~y arid aTl future a~vances, e~t er n money or suppl~es, made by _ Mortgagee to the t~ortgagor, conve~s and mortgages to the said Mortgagee its_ = successors and assigns the r~al property in St. ~.ucie County, Florida, described - as follows: ~ - . ~ - ` Condominium !'arcel: Lot ~~36 ~of VENTURE OUi AT INDI~iN RIV~R, INC., ~ a Condominium, according to the Declaration of Condominium thereof, ~ ~ _ recorded in Official Recot•ds Book 201, Page 1402, ~e~~t seg of the ~ - Public R~cords af-St. lucie Caunty, Florida, and Amendments thereto ~ recorded in O.R."Book 225, Page 809, et seo., and Q.R. Book 226, page 393, et ~eq., of said records. ~ provided for by the Condominium . Ac~ of the Statu~tes of the State_ ofi Florida (Chapter .111, Florida - _ -Statutes 1955,.et:s~q.), said description in tt~is conveyance.includes, - but is not limited ty, all appurtenan~es to-the Condominium Parcel ~ described, including_the limited common Elements assigned thereto and - iii~ii.iuiity ~,ie U13UiVicleU i~LereS`L jn ine common eiemenis OT Shcd ~ ~ _ Cor~dominium, and, also,~all ~ther praperty, real or personal, situated _ in St. t.ucie Courity, F~orida, now owned, as wel.l as that which may be ~ - hereaft~r_acquir~d by the klortgagor. - - ~ ~ - ~ TNIS IS A PUR~i;~,~t MONEY MORTGAGE - - - As security for the payment of the promissory ::ote o~ which the following is a copy: S Z2T90.89 Jensen BeacF, f lcr~da ~ia~Cch ~30 , lg ?5 ~ For value rece~~e~, 1. we~ or esther of us prar~~E te pay to the order cf _ VENTURE_OUT IN AMERICA Ai INDIAN RIVER, INC,~ tnE sur~ cf T~velve thausand aeven .hundred ninety & 89/100---~---_-----w-_.._d__ ~11ars : (hereirafter referred te as "Total-of Payr~er.ts") at the offii.e~ of yenture Out in Arerica aY Indiae River, Irc. ~ . (formerly knoNn as "Holiday Out in Art~erica at St. Lucie, lnc.") in Atlanta; Georgia. ir- 119/1 , consecutive ~ronthly. ir.stallments of S 106.59/106.68 - each beginnirg A~il 30 , 1975 and on the sare day cf each month ther~a~ter, except t~f the final payment rray e rr.ore rr ess, eing the amount necessary to complete pay~r~ent of the Total of Payments. FurthemorE~ for every inst~llmen~ which remains unpaid fcr ten days after its due date, the undersiqned agree to ~ay a delinquercy charqe of 54.~0. It is agreed that ~ire is ef the essence of this ccntract and that in ti;e event af default in payme:~t ~f any installment for a period of thirty days the holder of this net2 may, at its octicr:, deciare all the ve- _ r~ain~er of said debt due an~1 collectit?le and any failure to exercise said oFtion shall-r.ct constitute a waiver - af the right to exercise the same at any other tirre. In the event of default in pa~rt:ent of this note and if tte same is placed in the hands of an att~rney for collection, I, we, or either of us, aqree tc pay all costs of colleciion; including a reasonable attorney's fee ar~d.interest upen.the ur~paid bal~nce fror.~ the event of.default at ~he maxir~ur,? r~te permissibl2 by law. In case paymer,t shall not be r~ade at matu~ity, the ~~akers, sureties, ~ ~ ar:d endorsers, jcintly and severatly agree to any extensions or.renewals without further notice, binding ~urselves F: fer payment hereoT, as if no extensions of time or ~orberrar~ce of payment F.ad been made cr nranted. = ~ - - - - ~ - I~ or we, and each of us wheiher principal, surety, guaranier, er.dorser~ or ot~er party hereto, agree to ~ _ be 3ointly and severally bound. I, er ~re, each further Maive ~c:mand, protest and nen-payrr:er-t. ~ ~ Given under the hand and seal of each party. . ~ ±~o. 93b Due 10 yea.,~s ` (Seal ) - - - - " - ` - ~SZ a , (Seal) - _ - ress ~ . - . ~ - ~ _ _ - -i _ The total amount_of indebtedness secured by this Mort~age shall not_exceed $12 9Q~~~~.; Form Revised: May 1974 BOD~~ fnGf ~ ._IR 5/7~ ~ _ ,