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. ~0 I~ ~ RECEIYfD ~ ~
/ hriORTGRG~ ~~s~~lA,
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I~L~' '8LE'P PAYMEHT ~f ,
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~ ~~'TtR II.~~ ER~!,~C PFQPERI y~
• ~ ` ~4'~ 3~3 ~ ~ Po ~~S ~ ,e~~.
. , ~ERK C1R~qtti ~
- _ Ri char;i T~ner and Frances J. Tener S~' q~* F~. O
herefn "Mortgagor," whether sinyular or plural, in consideration of conveyance . '
of r~al property hereinafter described by VENTURF OUT IN AMERICA, INC., herein ;
"Mortgagee", and tQ ~ecure payment af the balance of the purchase price by i
Mori:gagor ~~ligated to be_ paid, ~?s evidenc~d by promissory note fuliy isfentified i
herein, hereby on ~his ~ aay of A.O., 19 7~ ; to- ~
gettier with any and all utur~ advances e~ther in money.or supplies, ~rby i
Mortgagee to the Mortgagor, c~nveys and mortgages to the said Mortgage~ its ~
~-successors and assigns the real property in St. Lucie County, Florida, described ~
as follows: ~
Conu~~~~ncii~c~ at ~ the Soull~we::t Corner o~ Sc~cLi.;n 12, `I'ownship 375,-Ra~ige 41G, thence
~ Nc,rt:l? t39°~5' 1~~" along th~~ SouCh linc of said S~~crion 12-774.Q1 feek to a Point ~
on the r.cnterlinc af l-he _IlaO f~ol: right-oE-way oF Sf~-A1~, thence N 23"~1~~' 31" P7 ~
-~~iluny the centerline of thc right-of-way 2,921 .33 fc~el-.; tlience S 66"1~' 29" I~-290.01
fe~~t:; thence N~7~ 33' 17" «-393.12 feeC; thence S 89° 57' i3" W-133.A0 feet; thence S
- (~0`'Q2'~13" I:-20 feet; tl?ence S f39°57' 13" W-322.80 [eek; tI1CI1CC S 00° 16'.32" E-1~0.21
Fecl-; Chence S 00'02'9~~" i:-19.73 feel to the Foint c~f 3c~yint~i~iy; ~~lt?[1C@ N 89J56'SO"
1.-11?..22 feet; thence S 00°u6' 11" r-60.00 feeL-; t:hence S 89` 56' S0" W-112.?.f3 feet;
thencc N OU°02'~9" W--60.00 feet to the Point of F3eginni~ty. -
. . y~ i/ i/ , c~oi ~y ooo/a
S~il,ject to~ a road access and ul.ility ease~nent~ over tl~e easterly 12.~ feet. Subject
to restriction of record. j~ :~F ~l~(~~5~~; ~
- _ - - DOCUMENTARY,-~~-._= STt{MP. TI~?';
_ . _ - _ _ nE~r. erf h~vE~v~ -
_ - - _ ' - ^tiT•"r, 1` ~~2 .
- - THIS IS A PURCHASE MONEY MORTGAGE = - ~~'.:~=1 ~ 3 3-O : '
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~ As security for the payment of the promiss~ry note of which the~following ;s a copy:
f
~ t
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~ 22,.120:00 - Jen~.~on Qeacli, Florida -t i b ; 19 '7 ~ ~
For va1Le received, I, we, or either of ~,s ~ro~nise to pay to the order of ~
. - V ENTURE OUT I P~ A~'E R I CA, I P1C.
the sum of~Twenty Two 7housand One Hundred-& Twenty & 00/100--------=-=------=---=Boilars
(hereinafter referred to as Total nf Paymen*s at the offices ot` Venture Out in America,: ~
I ~~c i n Atl anta , GeQrgi a, i n 119/1 ~ consecuti ve rronthly i nstal lme:~ts ~
~f ~ 184.33/,,84.73 ~ each be~i~ining ,e~~ L 19~ and on
the sai~:•~ day each month thereafter, except that the final ayment may be more or less, being
'the a~~iount necessary_to complete payment of Total af Payments._ Th~e accrued interest rate ~
'~for this transaction, not including any delinquencv charges wfiich may be incurred later is ~
ten percent (lOti) per annum. ~ . . - ~
It is agr~eed tha~t time is of the essence of this cortract and that in the event ~
uf dcfauit in payment of any instal;ment ror a period of thirty~ days the hoide:^ of this #
note maY, at its optinn, declai•e all the remainder of said debt due and co~lectable and
any failure to exercise said option shall not constitute a~~~aiver of the ?-ight to exercise
the same at any other time. ~In the even~ of default in payment of this not~=and of the ;
same is placed in the hands of an attorney for ~ollection,`I, w~;.or either of us, agrees
to pay all cosi.s of collec~ions, including reasonable attorney's fees= appellate fees-and- ;
interes4 upan unpaid baiance from the event of defaul~t at the maximum rate permissib3p.by
law. In case paymen~ shall not be mad~ at~maturity, the makers;~sureties, and er~dorsers, - ~
j~intly and several_ly agree to any extensions or rene~•~als without further notice, binding -
ourselves for payment hereof, ~s if ~io exten~ions of time or forbearance of payment had
bep:~ ~~de or granted. , - . ~ s:
I, or we, and each of us-~rhether princinal, surety, guarantor, endorser, or ~
other party hereto, agree to be jointly ai~d severally bound. I, or a:e, each further wasve
demand, protest and non-payment. - _ .
. Given under the hand and seal of each party. _
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P~o. pue !0 ~ ~~2s I~ic~,v2:D ~ e~ (Seal)
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- - _ ~ : go~K 2~9 P~~E ~ ~9 - ~ --t"e N ~ _ S
~ .T V,~,.~r~R ~.:~N.t~~o _ ~ {Lq~~~s e ~ . ( Eal )
ddress _
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