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_ HEI,EN II. FREDERICK50N CfRCU~PoR~~ 1~11•_lj~lc ~
"M or " whether sin ular ur_ lural in ronsicieration of conv~ ance V ~
herein ortgag , g p , Y ~
~ of real proper~ty ~ereinafter described by VENTURE OUT IN Air1ERICA, INC. , herein
"Mor~gage~", ~nd to secure p~yment of the balance of the purchase pr~lce by ~
Mortgagor obligated to be paid, as evldenced by promissury nute fully ider~tified
herein, hereby on this 17 day of A ril A.D., 19 75 , to- _ !
g~ther with any and all~uture advances e er n money or supplie$, ma~3e~y ~
Mortgagee to the Murtgagor, convey~ and mortgages to the said Mortgag~e its 4
successors and ~sslgns the real property in St. Lucie County, ~l~rida, dESCribed _ ~
~ as follows: . . ~
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Coimn~.ncing aC i:he Soutin.esl ti~rner c~E Secl:i~» 1?, 7'c~w~~shi~> 37S, Itange ~l.E, tij~nce - i
P~orCli 89°55' l~l" E~alon~~ C1?~~ 5c~ut:h 1 ine of :;~i~~ Secl-..ian .1"1-779.~1 feet to a Point #
an the ceFiterline of the 1~10 f:oot i-iyh~-of-~,ray of Sft-ALA; thence i~ 23° 49' 31" ~4 - t
iiLt)IICJ the centerline of i_he riylit.-~f-way 2,~"11.33 Feet; ti?et~c~ S GG°lU'~9" W-290.01 ;
Cc~~L: lhe~~ce tJ £37"33'17° ~J-3~13.1?. Fcet~: t~hr.nce 89"57'l.3" S•~-133.~0 fect; th~~ice S
UO•42' ~ 3° L•'-2c) feet; t.hc~nce S£39°57' 1.3" W-322 . ~3U Feet; t~hence S 00`' 1G' 32"-100 . 21 j
~ ~ t~c~r.t; thence S UO°02!.a~l" G-13~.73 E~et~ t~o the F>oint of 13ec~in~~ing; tl~ence t! f~~°5G'S0" ~
' . 1:-112.34 feet; Ct~ence S ~)0`OG'll" L•'-GO Ee~t; tlirnce S f39°56'S0" W-11?.90 feet; ~ { _
. thence N 00°02'4~" W-GU Leet to thc Point of 13eyiiininy. ~
- SubjecL to a road accc~ss and utility eascment over the easterly 12.S~Eeet: Subject ~
~ to r~striction of record. ~
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° THIS IS A PURCNASE MONEY MORTGA6E ~
As security for.the payment of the promissory note of which the following is a copy: ~ ~
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_ ~ ` Jen~.~~n Qeacl~ Fl~rida A ril 17 19 75 ' ~
, 16, 896.On ~ P. z ~ ;
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For value rec~ived, I, we, or either.of us proinise.to pay to the order of .
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- VENTURE 0UT I P~ AF•!ERI CA, I PJC. ~
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the s~nn af ~ix teen Thousand Eis~ht Hundred and Ninty Six and n~/00 -pol lars -
(l~er~~inafter r~ferred to as Total of Payments -at the offices of Venture Out in America= ~
i~~c.; in~Atlanta, Georgia, in One (1) con~ecutive monthly installments ~
~ f s~ 1&, 896 ~ 00 each begi~ininy April 17, ~g 76 , and on
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the san:~ da;~ each month thereafter, except that the final payment may be more or less, beirig----
_ the am~unt Ci~C~5Sd1"y ~0 complete payment of Total of Payments. The acc~`ued interest rate ~
for this_transaction, not i?~clu~jng any delinquency charges which may be incurred later is
ten pcr~cent (10°v) per arnum. _ - ~
_ I t i s agreed that ~ tin~e i s of the essence of thi s coni:ract and that i n the event i
o~ defa~lt in ~ayment of any.insta.lln~ent for ~ ~eriod of thirty days_the holder of thi; ;
note ~nuy, at its option, declarc all the remainder of said debt ~ue a~~d collectabie and :
any failure to exercise said option shall ~not constitute a Yraiver of the right to exercise ~
the sa~ne at any other time. In the event of ~eiault in payment of this note and of the
same is placed in the hands of an attorney for~~collection, I, we, or either of us, agrees ~ ~
to pay all costs of collections, including reasonable attorr~ey's fees, appellate fees and
interest upon unpaid ba-lance from the event of default at the maximum rate perrr~issible by ~
law. -In case payment shail not be N~ade at maturity, the makers,~suretiesf and endorsers,- ~
joir~tly and severally agree to any extensions ~r renet~ials without further notice, bir~ding
ourselves for~, payment hereof, as i f no extensions of tin~e or forbe~rance of paynient had
- - beert made or gran ~ed . - " _ ~ . • .
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I, or we, and each of us whether p~~incipal, surety, guar.antor, endorser, or ~
o~her party hereto, agree to be jointly and severally boui~d; I, or k~e, each further waive _ ~
demand, protest and non-p~yment. - _ ~`~-,c~~'~ : F= !.=G R 1 D A ~
- - " i;~CJ:;iEN11:~?`~~ -j-=~ ST~MP i!t}'
Given und~r the.hand and seal of each party. ` r'~ ~Ef~i.OF f?FYEt~i1t ? ~
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ho. ~ DueApril 17, 1976 - ~ Helen B: Frederiekson ~~,s~ ~(Seal ) ~
- ` ' ~ . BOOK ~c)~ PACE U~O .
Lot A-13 Venture Harbour, Jensen Beach, Fla. ~ -(Seal)
' ~ Address . _
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