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D ~E ON CIASS I,Y PAYt}f ;
.~I `(S/" MORTGAG~ `7~w~( ~ PURS(?,1NT 10 C~/ERN71.~jgqPf A, M~f TAX~'
1` r~ ~J C1FR!{ CfRCU1T~ER f~117~A,SC~r~~ 1y/1,£RIY,;
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F.. HERBERT HIGGI CATHERIiVE C. ~TGGIN~_~__,~_____._..~' -
herein "Mortgagor," whether sin~gular or plural, in consideration of conveyance
of real property here~nafter described bY VEt~Tt3R~ OIfT IM AMERICA~ INC., herein
"Mortgagee", and to secur~ payment of the balance of the purchase pric~ by
Mortaagor obligated to be paid, as evidenced by promissory note fully iden~ified
~ herein, h~reby un this i 9 day of A r~ 1 - A.D., 19~, to-
gether ~:i th any an~ al l~
re ~dv~ances e er. n money or suppl i es , made by . -
Mortgagee to the rlortgagor, conveys and mortgages ta the said Mortga~ee its_ ~
.successors and assigns the real property in St. ~ucie County, Florida~ d~scribed
as follows: - ~
i
. - _ ~J~/.l - ~l! - D~/~ - DOO~o ~
Co~cun~nc:inry at , tlie Sauth~.~es~ c:ori~er of Section 1: , Tc~wnship 375, Range 41G, thence
Mc~rth n9°55' 14" a]o??g the Snuth line oE_said Section 12-77~3.~31 teet to a Point
on C1ie centerline of t:)i~~ lU(~ foa~ right-of-wiy of SR-111A; thence N 23°~5' 31° W ~
aloily thc centerli ne aF th~ riy)-,t-af-way 2,9?.1.33 [ceC; thencc S G6' 10' 29" W-290.01
fect:; tl~ence N a~`' 33' i7" 11-393.1?. feet; thence S$9° 57' i3" 19-133.90 Feet; thence
S 00°U2' g3" G-20 feet; lhence S E39''S7' 13" 19-32?..RQ feet; : thence S OQ` 1G' 32" L•:-100.21
fc~et; tiienc:e S~ 00` 0?.' 4~1" i:-~9.73 Eeet to ti~e Point: of Fiegi n~~ing; thence N 89` 5G' S0"
h-112.2~3 feet; thence S UO`~G' ll" H:-6U.Q0 feet; Clu~nce 5 89` SG' 50" W-112.34 feet; _
tltence tJ 00`'U2'A4" W-G0.00 feet to the Poi»t of 13~ylI1I1111~. _
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~ S?il~ject to a road ~?cr.es~. and utility easeme~it over the eastexly 12.5 feet. Su}~jec~
~o restricl-ion of record. - -
_ THIS IS A PURCNASE MONEY MORTGAGE
` As security-for the pa,yment of the promissory note of which the ~following is a copy: _
_ . I
25,280.00 ~ Jen~.~~n 3each, Florida! A~ril 19 , 19_ 75 -
t For value received, I, we, or either of us promise ta pay_to the~oraer of ;
;
_ _ - ~
- ,
e _ - _ . i
-tiEN7URE 0UT 1 N A~'E f: t GA, I NC. ~
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i t
_ ttse sum of ~enty Five Thousand T~oo Hundrec~ anc~ Eiqht~ and no 00 Dol 1 ars ;
~-(hereinafter referred.to as Total ef Payments~at the offices of Venture Out in America, ;
- Inc. , in Atlanta, Georgia, in _ 119j1 consecutive Ronthly installment~ ~
_
of 210.66_ ~~.~],.46 each begi~lning June lst , 19 -75 , and on ~
_ Lhe sa~r.~ day each montii thereafter, except that the final payment may be more o~ less, being '
` tf~e amount necessary to complete payment of Total of Payments. The accrued interest rate -
for this transa~tion, not including any delinquency charges wliich may be incurred later is -
{ ten percent (i0ti) pE~ annum. ~ ~ ~ ~ ~
_ It is agreed that time is of the essence o~ this contract and that in tt~e event -
' of default in pay~r.ent of any installmen~ for a~ericd of thirty days thE holder of this
nute may, at its aption, declare all the renz~inder of said debt due and collectable a~d -
- any failur~ to exercise sa~d option shall not constitute a alaiv~r of the right to exercise
- the san~e at any other time. In the event of de~ault in Fayment of this note and of the =
sa~ne is placed in the hands ofi an attorney for coll~ction,-I, we, or either"of us; agrees
to~pay all costs of collections, in~ludii~g reasonable attorney'~ fees, appellat~ fees and ~
interest up~n unpaid baiance from ~he event of default at the maximum rate permissible by ~
3~ -
la~i. In case payment shall not be made at matur~ty, the makers, sur-eties, and endorsers,_
jointly and severally agr~e ta anv extensions or r~ne?•rals without further notice, binding -
- ourselves for p~ymer~t her~~~, as if no extensions of time or forbearance of payment had
'i~i~ been ~rade or grant~d. - _ _ .
I, or Y~e, and each af us ~~ahether principal, surety, g~~arantor, endorser, or ~
i; other party hereto, agree to be jointly and severaliy bound. I, or k~e, each further waive =
_ deman~, protest and non-payment. - _ - t,~JRiD ! ~
~ . - 7~C'JItSEtv~,~PY ? STl,FJ1f' i~;a; ; ;
- a~P;. oE"~~~~
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Given under the ~~and and seal of each party. ~ ~
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, . . _ ~ ~!~J'7 T.i ~ ~ V -
_ ~ . . . ~ ~ - ~ ~ i: ''7^ . ~ Seal~ ~
~ia. - _ Due m~n YEars _ E Her~r~g~in~`_~i~ ` ~ ~ -
F, ~ _ ~o~x 239 ~~~E 6~4 - -
Ot A'°~1.4 ~„~,a ~A1'I'lAYlilP H-b7~?Il'~ c~ =-_~Seal)
= ddr~ss _ _ • . _ _
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