HomeMy WebLinkAbout0595 ~ . y~ ~P f
~ 1~1 , ' ~ h1pRTf,AGE ~ECEn~o 3-~?_: v ~.~(~j'~L~~9
~ 3 DUE ON C~ INTAycIBIE' EHSp tNT OF 71~0[~t .
~RSIIANi' TO CN~MTER 71•13d ~~Al. AROPERfYt i
, A,.TS OF 1911, f~~ ~ ' ~
~ ' ~'~ERK CI~?~ PoRRAS l i
_ ~ ~o~ i ee ~G~. S~L
h~r•d ~ OOiIR~. Si. ~ j
, ,
herein "Mortgagor," ~~hether singular ar plural, in-consideratian of ~onveyance ~
of real property her~inaftpr describ~d by VENTURE OUT iN AHERICA, INC., herein
"t~ortgagee", and to secure pa~nent of the balance of th~ purchase price by ' ~ ~
Mortgagor obligated to be paid, as evidenced ~y promissory note ful`ly identified
her~1 n, - hereby on thi s 16 day o~ April ~ A. D. , 197 , Co- ~
gether with any and all ~~uture advances e er n money or ~upplles, ma~e by ~
Mortgag~e to the Plartgagor, conveys and mortgages to the said Mortgage~ its ~
successors and assigns the real property in St. Lucie County~ Florida, described ~
as follows:~ - ;
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Ci~iiunui~c~in~~ at i:h~~ Sout~I~wcrs;t i'orner ciC SecL-ic~n 12.. 'lbwnsl~i~~ 37S, lt~nqe ~~lE, thence ~
t~urtl~ E39°55' 1~1" li alony lhe Sou~h line~ of ;~~icl S~~ct.io» 12--77~.~11 feer to a Yoint €
c>i?-thc~ cc~titerlin~ o; ti~c~ 1(1i) fo~t rigl~~-of-way ~f S1t-n17?; C{u~:tcc N 23t'~9' 31" W along ~
th~ centcr~lirie of th~ riyht:-~C-way 2,921 .33 feet-; tt?enc~~-3- FiG° 30`29" «-290.01 feet; i
t hc~iicc~ tJ f37' 33' 17" W-393.12 feel; the~~ce S£39`' S7' l 3" W-133 :~~0 feeL- ; thcttce S 00' 02' 93" ~
(:-:?U Pe~~t: t.t?ence S f3~~' ~i7' 13" I•l-322.f3Q fceC: tlicii~:~~ S UO° 1G' 32" 1:-5~).95 feer to the ~
l~~,i nL- af 13egi~~~tiing; th~~nc~~ iJ t3~~` 56' S0" Ii-ll?...3~ Cc~et; thei~ce S 00''06' 11" L•'-GO.Up
1~~~~L-; -Che~~ce S£3'.3` 5G' SO" t•~- I 12. 22 feei-; L-hr.nce N 00` 02' ~}4" W-19.73 feet; L}iecice N
~ UO' iG' 32" S4-~]U.2G to ~he Poinl of Begznning. ~ 3//- ~~~0_ lj(~0~0
-;~~~b:jecl- to a road acc~~::5 and ul-ilil-y easeir,ent over ttie easterly 12.5 feet. Subject
lU 1CS.f:i iC~1011 Gf Yt.C011~. . - '
. THIS I5 A PURCHASE MONEY MORTGA6E .
Hs ~ecurity for the payment of the promissory note of which t~e following is a copy:
. ~
'~i_21~50.00 -Jens~:n Qeach, Florida 16 April , 1975 _
. For value r~r_eived, I, we-, or either of us prouiise to ~ay to. the order of ~
: VENTURE OUT I P~ At!E RI CA, I PIC.
tt~c= sum of Twelve Thousand Seven Hundred &~ift & 00 100-------------------=----Dollars
(hc~reinafter referred to as Tota~ of Payments at the offices of Venture Out in Americar
I~~c. , in Atianta, Georgia, in 60 ~ con~ecutive ~~onthly instal lments
ot 212.50 - - each beqi~~ning ~T~~ne~ ~ 1~_, ana on
tl~~~ sa~~::~ day each manth thereafter, except that ti~e finai ~aymen may be mor~ or less, being
the au~ount necessary to complete ~ayment of Total of Pay~tents. The accrued interest rate -
;fo~• this transaction, not includinq any delinquency charges wiiich may be_ir~curred la~er is
~ten perc~nt (1 G;~ ) per annurn. _ ~ - - '
re d that ti~r,e is of the essence of this contract and that in the event` ~
i It ~s ag e
or rie{ault in ~ayment of any installment for a peri~d uf thi:^ty days the hulder of this ~
note ~nay, at its option, declare all the remainder of said debt ~ue and cullecta~le and ;
ar~y failure to exercise said ~ption shall n~t constitute a~•raiver of the right to exercise ?
the sau~e at any other time. In the event of defa~ilt in payment of this note and of the- ~
sa~ne is placed in the h~nds of an attorney far coll~ction, I, we, ar either of us, agrees
tu pay ali costs-of cc;llecticns, including reasonable attorncy's fe~s, appellate fees and
interest upon unpaid balance from the event of default at.the maximum rate penriissible by ~
la~~i. In case payment shall not be made at maturity, the:riaKers, si~reties, and endorsers, 4
jo~ntly and severa~ly agree tc any extensions or rene~~~ais without further notice, bin~ing ~
ourselves for ~;aymer~t hei~eof, as if no extensions of -time or forbearance of payment had
been made or granted. - . -
I, or c~~e, ar~6 each of us ~rhether prir~cipal, surety, guarar~tor, ~r,dorser, or ~
other party hereto, agree to b~ joii:tly and 5evera~ly boun~. 1, or we, ~ach furthcr r~aive ;
denand, protest and non-payment ~ _ S=~-,~-~-~ =;~F F= LO R I CD A j
DOC~M~~tTA.RYs~ _~~.,,~TL~N'~F I:~X i
Given under the han~ and ~eal of each psrty. - " DEP7 L!F F;
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- _ . ~ ~ ~ ~ 2 05: t
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~ - five ears LouisE C She he-
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ho. Due Y . • p _~~ea
. _ = ~o~K~~~ PAGE ~9~ _ - ~ - ~5~~~ z
Lot A-~E_ ~~entur~.?Yarbour, J~nsen Beach:>. F la. _
~ Address - . _ .
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