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~ j~ ~ MORTGAGE RECEIVE(1 j..__.~'_~~~ _ ~H pAYA1CNT C}~ TAt;,-~
~ ~ DUE ON CtASS 'C INTRttGIBlf PE i~ut~~ F'kOFERIt,
' ~~j~~~'~g J PURSUAN7 ~to !.'~WP~EER~f'OiiRA.ACts uF 1911. -
C1ERK CiRC1JIT COURT, Sf. l~JCIE ~p, F~q, '
Alfred L,Jones Blizabeth H. Jones ~ j
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nerein "Mortgagor," whether singular or piural, in consid~ration of conveyance 4
of real property hereinaft~r described by VENTUP.~ OUT IN AMERICA, INC.~ herein ~
~ °Mortgagee", and to secure payment of the balance of the purchase price by ~ ~
Mortgagor obligated to be gaid, as eviden~ed by pr~omissory note fully.ide~ntif~ed ~
herein, hereby on this 2 day of anril A.D., 19 75 , to- - ;
gether with any and all~uture_advar~ces e er n monG;~ .or supplies, ~~y .
Mortgagee to the Mortgagor, conveys and mortgages ta the said Mortg~gee its. ~
successors and assigns the real property in Sf,. Lucie Gounty, Florida, described .
as follows: ~ .
Co?n~nencing at the Southwe:;G Corncr o~ Sectiot~ 1: ,'Pow:~sliip 375, Rany~-91E; thence ~
N~~rth ~II9~ 55' 1~" R along l:he Sc~uLl~ li~ie of said :~~.etioti 12-774.~11 fc~et to a~oi~~t on ~
?.:I1C centerline of the 100 fcx~t ric~lit-of-~aay of Sit-1~1A; 1~hence N 23° 49'31" W along the ;
c•en~~~rline of t:he riyht-nE-way 2,921.33 f~~et; thence S G6°10'29" W--2~0.01 feet; the~ice ~
PJ t17°33' 17° w-393.12 feet; t:he~tce S R}`~ 57' 13" W-133.~1O feet; tlience S OOJ02' 9~". G-20
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fcet.; thence S 89~57'13"~tJ-?.1U.32 feet; tlience S 00°06'll" (i-3E3G.82 feet Y.o the Point ~
of t3uy inniny; thence N~l£3° 22' 17" [.-~10. 50 feet; thei~ce N t~9p 5G' 50" E-£32. 15 feet; tlience ~
td - qt)' ~f3' ~36" W-60.00 feet; tt?e»ce S£29° 5b' 5Q" PI-112. ~!2 feeL-; thence S 00°06' 11'_• E-86. a~ ~
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fc~et to the Poinr of Ueginniny. Subject to a road access.and uti~lity easement ovex thai: ;
}-,~rtion of -Block A I.ot G~3escrihcd as .follc~ws: Foint o~ f3egini~ing being the same P.O.E3. ~
[or l3lock A I~+t G; thenc:t~ t~ 4f;° 22' 17" I:-~10.50 fee~; tl~ence alo»g a curve to clie left,
k=~0. 50 feet,4 =30°29' S0" aii arc ciistance ~P 21 .5G fcet; thence N OOP OG' 11'° W-98.39 '
fe~t:; the,ice S 8~3~ 5G' S0" W-12:50 feet; thance S 00:0G' 11" L•'-8~.8G feet to the Point
of 13~yinning. Subject to restriclion of record. ~ _
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_ THIS IS A PURCi1ASE MONEY MORTGAGE _ _ ~ ~
- ~ he a ent of the romissor note of-which the followin is a co :
As se..uri ty for t p ym p y _ 9 Py
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3237.39 ~ ~ Jen~.~~n a2ach, Florida A_p7Ci~ 19 75 ~
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For value received, I, we, or either of us proirii~e to pay to the or~er of ~
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- VEN~TURE ,OUT I N Ah`;-E--('~ CA, •I ~J~. - -
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Lhe sum of ~Three thousand_two hundred . thirty _ seven &39/100---------_-----.---_ Dol lars
(I~ereinafter referred tQ as Total of Payn~ents at the offices of Venture Qut in America;
1riC. , in Atlanta, Georgia, in o,,,~~ - - consecut~ive rron~thly installments
f~ 3237.39 - - each begi nni ng ap~.il .~1 ,-19 ~6 ~ and _on ~
tiie sair,~ day each month thereafter, except that the fina? paymen~ may_be more or less, being ~
'the auiount necessary to complete payment of "iotal af Payments. 7he accrued~interest._rate ~
'for Lhis transaction, not including any delinquer~cy charges wfiich may be inr.urred later is ~
percent (10~) per annum. _ ~
It is agreed that tirr~e is of the essence of this contra~t and that in the event ~
of default in payment of any ins`tailment for a periad of thirty days the hoider of this ;
note may, at its option, declare all the remainder of said debt ~ue,and collectable and "
any failure to exercise said option shall n~t constitute a ti~rai~~~r of the right to exercise ~
the same at any othe~ tirr~e. In the event ~f_defauli, in pay~nent of this note.and of the. .
;ame is ~3aced in ~he hands of an~attorne~/ for cellection, I, we, or either of us, agrees ;
to-pay_all costs o~ collections, includina reasonable attorney's Tees, appellat~ fees and-
interest upon unpaid_balance_from the~event of dPfault at the maximum rate perrr~issible by
laYr. In case payment shall not be made at m~turity, the makers, sureties, and endorsers, :
jointly and several iy agree to ~ any extensions- or renewal s wi thout fu~^ther~ r~~~~~~ ice, bi nd~ ng ~
ourse~ves for payrier~t hereof, as ~if i~o extensions of time or fcrbearance of r~yment had
bee~ made or granted. - . .
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- I, or we, and each of us-whetner princzpal, surety, guarantor, endorser, or ~
other party heret~, agree to b~ jointly and severally bound. I, or v~le, each furLher waive. . ~
demand, prot~st and non-payment. _ _ ~=j w;~-~ ~ ~ ~
~ - ~~ccur.;Er~~~,~~r` _ sT~~ ~ ~n>
Given -under the hand and seal of each party. L~ of
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ho. ~ Due ~ t )
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` ~ ~~'/V r'v ~'f ~ /4~`~ _ 600K ~~7 ?AGf - ' :
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