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RlCENED IN PAYMENT OF TAXES
DUE ON C1ASS NTIUl4481E PERSO:iAI PROPERfY~
~~~3 - MORY~AGE To c~rfR ria~a, ACTS OF 19i~.
,Y FOSER POfTRA: ~(c
. CLERK CIRCUtT GOUR1~ 5(. IUCiE C0, FIA~ ~
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v ;
_____~{UBERT C DUTRO AND JOAN M DUTRU, hi s wi fe
herein "Mortgagor," whether singular or plural, in consideratior of conveyance
of real property hereinafter described b~ VEN7URE OUT IN r1ME~ICA AT-ST. LUCIE,
INC., her~in "Mortgagee", and to secure payment of the balance of the purchase ~
price~by MArtgagor obligated.to be paid, as evidenced by promissory nate fully ~ `
identified herein, hereby on this 7th day of A~ril A.D., ;
19 together with.any and all future advan~es either in money or supplies, made =
_ by~rtgagee to the h4ortgagor, conveys and mortgages to the said Martgagee its ;
successors and assigns the real property in St. Lucie County, ~lorida, described ~
as follows: ~ y.~-//- ~'d5~'-D/ S/9--vod~~ ~ ~
Condominium~Parcel: Lot No.V 149 of VENTURE UUT AT ST. IUCIE, INC., A
Cont+ominium according ~o the
D~ ec~aration of Condominium thereof and . ~
Amendments.thereto, recorded in Official Records Book 189, Page 1677,. ~
_et_-se~~.; O.R. Book 194, Page ?558; O.R. Book 203, Page 1837; and O.R. - _
Boo 26, Page 395, of ti~e gublic Records of St. Lucie County, Florida.
As provided for by the Condaminium Act of the Statutes of ~he State _
of Florida (Chapter 711, ~et
s~e 1965) said description in this con~
~ veyance includes, but~is no---t ~i-mited to, all appurtenances to the
~ Condominium Parcel aboVe described, including th~e limited.common
elements assigned'thereto, and including the undivided interest in
the common elements of said Condominium. ~ _ _
_
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~ 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 _45R_75 Jensen Beach. Florida Apl^1~ 7 = , 1975
For value received, I, we, or eith2r of us promise to pay to the order of -
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VENTU~ E OUT I N AMERI CA A7 ST. LUCI E, I NC. ~
;
. _
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c~ r~N Tun~i~e~n GillIR u~iNnRFn FIFTv Fif~HT D(ll 1 ARS~ ~n 7~/1~--------------0otlars ~ ~
the sum of
- (hereinafter referred to aS "iotal of PaymPnts") at the offices of Venture Out in Ac^~erica at St. Luc~e, Inc..
_ F
in Atlanta. Georgia,. in ~ r consecutisrs monthly installrents af S]24 31 .f 124:46 each ~
beginning M~ v , 19J,~. and on the same day of each month thereafter, except that the ~
-final payment may e mo e or ess. e ng the amount necessary to comptete payment of the Total_ of Payments.
Furthermore, for every installment which ranains unpaid for ten days after its due date, the undersigned agree
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 default in payment -
of any installment for a period of thirty days the holder of this ~ote may, at tts option, declare all the re-
mainder of said debt due and collectible and any failure to exercise said option shall not con~titute a waiver
of the right to ~xercise the same at any other time.` In the event of default in payment of this note and if the ~
same is glaced ~n the hands of.an attorney for collection, I, we, or either of us, agree to pay all costs of - '
collection, including a reasonable attorney's fee and interest upon thp unpaid balance from the event of default
~t the maximum rate permissible by law. In case pdyr*ient shali not be mads at maturity~ the makers, sureties,
and endorsErs, jointly and sever~??y agree to any extensions or rener~als without further notice, binding our-
selves for pa}rtnent hereof, as if no extensicns of time or forbearance of payment had been made or granted. ~
- ~ ~ - ~ _ E
I, or we, and ~ach of us whether principai~ surety, guarantor, endorser~ or other party hereto, agree ~
k to be jointly and severally bound. I. or we, each further Naive d ena id. pro nd non-payment. ~ ~
. ~ . : 4
Given under the hand and seal of each party. ~
~ . - -
; . No. V t 49 Oue 5 years ~ (Seal )
j_ - _ Hu r C Dutro ~ _
~ ~ ~
(seal )
~ x / - -
ress oan M Dutro
_ z
7he total amount of indebtedness secured by this Mortgage sha',1 not exceed ~~,~SR_75
. . ~
. STATE ~rr ~=L_~~;~.L~ ~ -
. Sl. 12/74 ~
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