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Q Y~~wsn t,~C IN PAYI.1~~~1 OF TAX£S '
DUE l, - : ; . . :~r •:si~~E : E~~~C;t~l PROtfRIY, ~ MORTGAGE ;
~ PURS!.iAtit TO CtiAP~E~ 71•134, ACTS Of 1911. M~~( ~ _
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Roc~ Por~xs j . ~ ;
0.ERK C1RdJIT OW~i1~ ST. WCIE 00, FLA. . ;
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Lawrence F. Aelt and Flsa Anna Delt his wifs ±
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herein "Mortgagor," whether singular or plural, in consideration of cor.veyance ~
of real property hereinafter described by VENTURE OUT IN AMERICA, INC., herein ?
"Mortgagee", and to secure payment of the balance of the purchase price by
Mortgagor obTigated to be aid, as evidenced by promissory note fully identified ~
herei n, hereby on thi s day c~ r{aY A. D. , 19 7 5 ,~to- i.
gether with any and all~uture advances e er n money_or supplies, ~e"by ~
M~rtgagee to th~ Mor~gagor, conveys and mortgages to the said Mortgagee its . i
~successoi^s and assigns the real property in St. Lucie County, Florida, described . ;
as follows: i
_ _ ~ _ '~S// -3//• 0030~- ~o~0 3_
.Couunen~ing at the Southwest Corner of Sectian 12, Township 37S, Range 41E, thence
~ North-89°55'1Q" E along the South line of said Section 12-774.41 feet to a Point ~
on the centerline of the 100 faat~right-of-way of SR-AIA; thence N 23`49'31" W ~
a~ong the centerline af the right-of-way.2,9'11.33 feet; tiience S 66°10'29" W-290.01 ~
feet; tfience N II7"33' 17" W-393.12 feet; thence S t39° 57' 13" 4J-133.40 feet; thence ~ S
00° 02' 4~" E-20 feet; thence S II9° 57' 13" tJ-377 .~30 feet ~ to the Poi nt of Begi nni n~;
thence S 00°16'31" E-100.23 feet; thence S 89°56'27" W-45.19 feet; thence N 00 19'O1"
W-100.24 feet; thence N 89°57'13" E-45.26 feet to the Point of Beginning.
Subject to restriction of record. A~'~ ~LC~R~C.~~ 1 ~
U:7CU~1£NTARY~--~-~:;:; 51:~?~iP t r; X~_ -
. ~FQ-r_ cF ~EV~:?t~E' -
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THIS IS A PURCHASE MONEY h~ORTGAGE ~
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As security for the payment of the promissory nate of which the following is a copy:
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j_5100.00 ~ Jens~:n [3each, Florida 15 rtay , 19 75 ~
For value received, I, we, or either of us promise to pay to the order of ~
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VENTURE OUT I N Ah'E-R I CA, I NC. -i
the swn of Fifty One Hundred and no/00 - - - - - - - - - - - - - - - Dollars ?
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(hereinafter referred to as Total of Payments at-the offices of Venture Out-in America, ;
Inc., in Atlanta, Georgia, in - 60 _con~ecutive R~onthly installments - ;
of 85. 00 each begi~~ning June 15 , 19 75 , and on~ "
the sa~~:~ day each month thereafter, except that the final payment may be more or l~ss, being ~
the a~nount necessary to complete payment o~ Total of Payments. The accrued interest rate ~
for this transaction, not including any delinquency charg2s which may be incurred later is
ten percent (lOti). per annum. ~ ~ ~
It is agreed that time is of the essence of this contract and that in the event-
I'~of default in payment of any installment for a period of thirty days the-holder of th~s ~
,note may, at its option, declare all the rema~nder of said debt due and collectable and ;
any failure to exercise said option shall not constitute a~•raiver of the right to exercise ~
the same at any other time. ;n the event of default in payment of this note and of the ~
same is placed in the hands of an attorney for coll~ction, I, we, or either of us,-agrees ~ ~
to pay all costs of.collections, including reasonabl~e attorney's fees,-appellate fees and ~
interest upon~unpaid balance from the event of default~at the maximum-rate permissible by
law. In case payment shall not be made at maturity, .the makers, sureties, and endorsers, ~
jointly and sev~rally agree to ar~y extensions or reneti•~als without further notice; b~nd~ng
ourselves for payment hereof, as if no extensions of time or-forbearance of payment had
been made or granted. : _ -
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I-, or Yre, and each of us whether principal; surety, guarantor, endorser, or
other party hereto, agree-to be joirtly and severally baund. I, or k~e, each further waive
_zmand, protest and non-payment. -
~ Gi.ven under the hand and seal of each party. - BOOK~ci~ PAGE2Q~~
tjo. ~ " Due - Five Years - ~ Lawrence F. Belt sia (Sedl )
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Lot B-1 Venture Y.arbour ~Jensen B ach F7 a~ Flsa Anna Bel t c; ~ (Sedl ) ~
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