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/ ~S~ ~N PAYMEHT OF T11XES
~ C~ : f~~ b MORTGAGE p~JE ON CU?5S'C' INTAtiG18lE PE~~N~ P~O~ERI'1, ~
~ - PUkSU~Nj TO CNAPTER 71•13b, AC~s OF ly~~. f~ir -
ROGER P04~RAC ;
CLERK C1RCU~~ ~URT, SL ~~~E FlA '
way?ne K. Milleae I.uaille Q. Mill.ex •
her~in "Mortgagor," whethet• singular or plural, in consideration of ~onveyance
- of real property hereinafter described by VENTURE OUT IN AME~ICA AT INDIAN
RIVER, INC. (formerly know~ as HOLIDAY OUT IN AMERICA AT ST. LUCI£, INC.), herein
"Mortgagee," artd to secure payment of the balance of the purchase price by Mort-- :
gagor obligate~ to be paid, as evidenced by promissory note fully identified
herein, hereby on this~_
-day of - A.D., 19?~
to ether wtth any and a11 future advances, eit er ~n money or supplies, made by
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Mortgagee to the Mortgagor, conv~ys and mortgages ta the sa~d Martgagee its
~ successors and assigns the real property jn St. Lucie County, Florida, described
. as fol lows: ~ . ~lS// :,~lb -ObBS=d p%
Condominium Par~el: Lot # 884 of VENTURE OUY AT INDIAN RIVER, INC., _
a Condominium, according to the Declaration of Condominium thereof, _
~ , recorded in Otficial Records Book 201, Page 14D2, et se af the
_ Public Records of St. Lucie County, Flarida, and Amendments thereto
recorded in O.R. Book 225, Page 809, et se and O.R. Book 226,
~ page 393, et se of said records, s provided for by the Condominium _
Act of the Statutes of the State of Florida (Chapter lll, Florida . -
Statutes 1965, ~et__s~~e said description in this coiiveyance includes, ~
but is not limit~to, all appurtenances to the Condominium Parcel
described, including the limited common elements assigned thereto and
including th"e undivided interest in the common elements of said
Condominium, and, also, all other property, real or personal, situated .
- . in St. Lucie-County, Florida, now owned, as well as that which may be ~ -
~ hereaftQr acquired by the Mortgagor. -
- TNIS IS A PURCHASE MOt~EY MORTGAGE
As security for~ the payment of the_promis$ory note of which the following is a copy:
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~ ~ 28~6g~bg ~ Jensan Bea~t-~ f lcr~da Anr~_26 + 19~
For value rece~ved, I, ke, or either of us pror~~f te pav to the order of
~VENTURE OUT IN AMERICA AT INDIAN RIVER, INC~
thE su~ cf ~~ty three thousand two huACi~Ced r~ixty eight &69/100"'w~.~~+w~wrwrw~. ~~~zrS i
(hereirafter referred to as "Total of Payr.~er.ts") at the oftiies of Venture ~ut_in Ar~erica at Indian River, Irc. i
_ ~formerly i:noHn as "Noliday Out in Mrerica at St. iucie, lnc.") in Atlanta, Georgia, ir lX9/3, ~
~ consecutive monthly ir.stallments of ~ f ~~194.59 each beginning ~ . 19~_
and on ihe serr:e day cf each month therea ter~ excep2 tiF~rt tFe final payment Ray e more cr ess, e~ng the
a~taunt necessary to complete payment af the_Total of Payments. Furthe mcre, for every installment which rem.ains :
_ unpaid fer ten days after its due date, the undersiqned agree t~ pay a delinquency charce of ~4.00. ;
. It is~agree~ that tirr:e is of the essence of tFic ccntract and that in tFe event af defaUlt in payment
of any installment for a period of thirty days the holdEr of this nete r~ay, at.it~ octicr.•, de~lare all the re-
mainc~er of said debt due and collectible and any failure to exercise said oFt~on shall rct constitute a waiver
of the right to exercise_the same at any other ti~re: In the_event of defauit in payrent of this note artd if the
same is placed in the hands of an attorney for collection, I, w~; or either of us, agree tc pay all tosts of
- collection, including a reasonable attorney's fee arxi inierESt upen the unpaid balance fYQr.~ the event of-default
~t the maximun rate persnissib?e by iaw. In case pay~nert shall nat be R,ade at maturi~y, the nakers. sureties,
ar:d endorsers, jointly and severally ayree to any extensions or renewals withaut further n~tice, binding ourselves
fer payment hereof, as if no extensions of time or forbearance Qf payment h.ad beer.rrade cr n.ranted.
I, or rte, and each of us r~hether principal, surety, guarantcr, endorser, or other party her~to~ agree to
, be jointly and severally bound. T, er wF, each further kaive ~ei^ar.d, protest and ncn-paymeet.
Given under the hand and ~eal of each party. ~
~ no. 884 Dve -_10 yea~CS - ~ (Seal)-
_ 3I~fi n.w. 6sth. _ st. _ .
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~ _ ^ ~ (Seal~ ~
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ress ~
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- 8aa~ ~39 ~a~E 2218 - . ~
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The total am~unt of indebtedness secured by this Mortgage shall not exceed $ 2326~}r,a~
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Form Revised: May 1974 - _ IR 5/74 - ~
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