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~ REf.EI~'ED S--~L~ IN PAYMENT OF TIlXES
~ h10RTGAGE ~uf oh 'C INTANGIpIE pERSONRi. pRpPER1Y~
~ PURSUA(~([ Tl~ CWtPZER Tl•134, II~TS UF 19J1. '
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~ 1 RO~E12 PQ(~MS '
, - CLERX ClRCUIT OOiIlCT, ST. WCIE 00~ FU1, _
~{~~fRT C~UTRQ AND JOAN M DUTRO, Hi s wi fe ;
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herein "Mov~tgagor," whEther singular or plural,-in consideration of canveyance
of real pra~erty hereinaf~er described by VENTURE OUT IN AMERICA AT ST. LUCIE,~ i
INC., herein "I~ortgagee", and to secure payment of the balance o~' the purchase ~
price by Mortgagor obligated to be paid, as evidenced by promissory note fully
identified herein, hereby on this day of ~~L A.fl., .
19.~5, tog~ther with any and all future advances~either in money or supplies, made ;
by Mortgagee to the Mortgagor, conveys and mortgages to the said Mortgayee its ;
successors and assigns the real pr~operty in St. Lucie County, Florida~, described :
~ as follows:
Condominium Parcel: Lo~ No. V~154 of VENTURE OU7 AT ST: ~UCIE, INC., A _
. Condomini~m according to the
D~
ecf~aration of Condominium thereof_and . _ ~
Amendmen~.s thereto, recorded in Offiicial r"cecords Book 189; Page 1677, ;
e~t~~~~ ~se.; O.R. Book 190, Page 2658; O.R. Book 203, Page 1837; and O.R. - ;
Sook 226, Page 395, of th~ Public Records of St. lucie County, Florida. `
~ As provided for by.the Condominium Act of the Statutes of the State -
~ ~of Florida (Chapter 711, ~et
~se., 1965) said description in this con-
~veyance ~ncludes, but is no--t Ti-mited to, all appurtenances to the .
Condominium Parcel above descr~bed, including the limited corr~non = _ ~
elements assigned thereto, and ~ncluding the undivided interest in - ~
the common el ements of sai d Condomi ni um. If _~as-_ d~s-y- p n d~~ ~
THIS IS A PURCHASE MONEY MORTGAGE _ ~
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_ As security for the payment of the promissory note of which the following is a copy: _ ?
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S 7.458.75 - Jensen Beach, Florida April. 7 , 19 75 ~
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~ For value received, I, rre, or either of us promise to pay to the order of - *
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V.ENTURE OUT IN AMERICA A.T S7.LUCIE, INC.
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the sum of ~VFN runiicd p_ IIR IIN~R Q FIFTY FICiNT DCLLARS AND 75/100---------- Doltars ~
{hereinafter referred to as "Total of Paympnts") at the offices of Yenture Out 1n Arerlca at St. Lucie, Inc.. ;
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- in Atlanta, Georgia, in ~q/~ consecutive monthly installr.:ents of S 124.31 / 124.46 each ;
beginning _ Mav 22 T~ . 19 7~ and on the same day of each month thereafter, except t~::t the ~
: final payment may e more or e'r
s`s, ~eing the
amount nPCessary to complete payment o~ the Total of Payments.
Furthe~nore, for every installment which remains unpaid for ten days after its due date, the undersigned a9ree {
to pay a delinquency charge of S4.00. ~
- It is agreed that time is of the essence of this contract and that in the event of ~efault in payment- ~
of any installmQnt for a periad or' thirty days the holder of this note may~ at its option. declare all the re- _
mainder of said debt due and colleetible and any failure ta exercise said option shall not canstitute a waiver -
of the right to exercise the same at any other time. In the event of default in payment of this note and if the
same is placed in the har.ds of an attorrtey for collection, I, we, or either of us, agree to pay all costs of
collection~ including a=reasonable a~torney's fee and interest upon the unpaid balance from the event of default ~
at the maximum rate permissible by law. In case payme~t shall not be made at ~atu~ity, the makers, sureties, ;
and endorsers, jointly and severally agree to any extensions ar renewals without further notice, binding eur--
selves for paysr~ent hereof, as if no extensions of time or forbearance of payment had been made or granted. ~
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~ I, oY we, and each of us whether principal~ surety, guarantor. endorser, or other p~r~~ hereto, agree ~
to be jointly and severally bound, I, or we, each further waive demand. protest and non-payment. -
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Given_under the hand and sea? of each party. -
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No. V 154 Due ~ years (Seal )
Nuber Dutro ~ - - -
_ ~ (Seal~ ~
ress - ~i M Dutt^o ~
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The total amount of indebtedness secu~red by this ~lortgage shall not exceed ~ 7,458.75 .
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