HomeMy WebLinkAbout0586 A •!7
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.~P q~ ~ RECEI~'f~~ s_.. ~ i_: 4~, _ Ita F`,Ytt! NI Cf ~;AL~ ~
. ~ pUE On C~~.U "G~ I:~Tartu~RlE ?E:c~~~~?L PRt~PERIY,
-~r_ S `~~~,~i~~ MORTGAGE PuRSU~r~t io cW?P~1f~ll~~134~ TS OF 1971. r~,,
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GL~RK -~iRCUIT C~1K1~ S?. WCIE a0~ Ft#~ .
. Arthur J. Ei~e anc~ Hazel F. Ei~e his c+~if~:
~ herein "Mortgagor," whether singu.lar or plura?, in consideration of conveyance ;
of real praper*y hereinafter described by VEMTURE OUT IN AMERIGA, INC., hereiiti ~
"Mortgagee", and to secur~ payment of the balance of the put~chase pric~ by ~ i
Martgagor obligated to b~ a~d, as evidenced by promi~sory note fully~~dentified ;
herei n, hereby on thi 1~ day of Apri 1 p.~, 19 7 5, to- _
. ge~her w~th ar.y a~d a11~u~u`r'e advances e er n money or sup~;l;~s, ma~'e~6y #
Mortgagee ~o the Mortgagor, c~nveys and mortgages to the said Martgmg~e its ~
.successors and assigns the real property in St. Lucie County, Fturida, described a
as follows:
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Cc~~nmei~cin~~ a~ ~he~ ~Sout.f~west. c'arn~3r oC Sc~c~ian 12, 'l'ownshiE~ 375, ttanqc~ 91E; tt~e~~cQ $
raorr.h t39°5S' 1~1° li alo~?c~ the Sc~utl~ tine of saic~ Seci:io~~ 12-~74.~1 feet_ to a Paint
c~i~ ~tie centerlin~ of ~l~e l0U fo~t r~gh~-of-way oE SR-AlA; - thence N 23° Q9' 31" ti~i -alony 4
ti~c: cei~terli»e oF Che right~of-way 2,921.33 fee~~ _theticc ; 6u°10'29" W-290.01 feet; ~
t-1?ei?ce r7 87° 33' 1?" W-393.12 Le~~t; th~nce f39~ 57' 13" t~1-133.40 feet; thence S 00' 02' 43"
I:-2Q Feet; tl:cnce S ~3~~ 57' l;i" t+1-210.32 Er.ct to tlte Poi~~t of I1ee~innittg: tiic~i~ce S ~
. c)p° OG' 11° L•'-59.9~1 feee; tt?ence S F3~)` 5G' SU° W-].12.3?. Ccet; thence N 00°OG' 11" W-59.95 ~
' [cat; tl?encc N-89`57'13° G-112.4a Lcet to t:l~c_Poi~it~ oE Ilegii~ning. Subjec~ to a road ?
t~cce~~ anci util.ity ea.cmer~t ovrr that port_ion of 131ock A I.ot 17 described as follo~~rs:
E'o i n~ o~ I3~gin~iing beii~y ~he same 1' .O.k3. far [31oi~k A I.at 17; thence S OOP 06' ll"_ ~
- t:-5~1.~~ feet: ttier2ce S f39° 5G' S0" t~1-12 .50 fE~ct; r_her?ce t7 00' OG' 11" W-34.94 feet;
t.h~>r~ce along a curve t:o t~l~e left, It=7.5, L~=F39'`Sv'3f~", an are distance of 39.24 feet; . ~
- the:nce N 89' 57' 13" :.-37.~18 feek to ~he Point of i3eginning. ~ ~
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- - THIS IS A ~URChASE MONEY MORTGAG£ ' - F.
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_ As security for the payment of the promiss~ry note of which the ~iollowing is a copy: ~
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;15 , 840 . 00 ~ Jens~.n Reach ;~l ori da April 17 , ~ g 75 - ~
- For value received, I, we, or either of us pro~nise ta pay_ta the ord2r of - ~
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VEtVTURE OU ~ I P~ AP'E R I CA, I NC. ~
- - tii~ suni of Fifteen Thousand . Eight _ Hundred . and Fort _ and no/00 = _ _ _ ~ _ ~ ~ `
y _ _ - - po]lars _ ~
{lic~r-eir~after= referred ta as Tatal of Payments ~ at the. off~ces of Ver~ture Out in America, ~
_ lr~c. , in Atlanta, Georgia, in One (1) - consecutive m~onthly i stallments
of y 15;840.00 -each begi~u~ing p il 17 ~g7~ , and on ~
thc san::~ day each month thereafter, except that the final payment may.bc more or less, being ~
thc~ a~nount nECessary to complete ~ayment of Tota: of Pay~nents. 7he accrued interest rate ;
. f~r this transaction, not including any delinquency charges which may he incurred Iater is ~
- ten percent (lOti) per-annum. _
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_ It is agreed that time is af the ~ssence of this c~~tract and that in the event ~
. of defauit in payment of any i~~sta~lment for.a period of thirty uays the holder-of th.is
note ~:~ay, at its option, declar•e all the r~e~nainder of said de~t ~ue and collecta~le an~
any failure to exercise said option sha]1 not constitute a s•,aiver of the right to exercise ~
the same at any other time._ In the event of defauli: in payment Qr th2s note and of the
svme is placed in the hands of an attorne,y for collection, I, we, or either~of us, agrees ~
to pay all costs of collections; irtclGd,ing reasonable attorney's fees,-appellate fees and
inier~st upon unpaid balance fr~r~ the event of default at -the maximum rate perrr~issible by
law. In cas2 payment shall not be niade at maturity, the makers,_sur~tjes, and endorsers,
jointly and several~ly agree to any extensions ~r renei•~a~s without_rurther natice, bifuiing ~
ourseives for.payment-hereof, as~if no extens~ons of tinje or forbearance of payment h~d
. been made or granted. - ~ ~ . -
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I, ~r vre, and each of us r~rhether principal; surety, guarantor, eli~orser, or
other party hereto, agree to bE-jointly and sever.ally bound. I, or we, ea~h further~ waive. -
demand : prot~s t and non-p~y~~~nt. - - - ~ ~i.,.T E ~ ~...0 ~ 1 D -
_ - ~JCUMFNIART STl~N?:' i~~ r. -
~ Given un~er the hand and ;ea] of each party. r~~~r ~r ~~yF~+vt "z.
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~~o. ~ Due ~lpril 17, ].976 - Arthur J'. Ei~e~sig.-. . (Seal ~ '
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Lot `A-I7 .Ve~ritur~..~iarbour, _ Jensen Beach, Fla. Hazel F. Eite sig. (Sea1) _
~ Ad' ess ; _ _
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