I found a similar verse is Agni Purana, but not sure if the same is repeated in Padma Purana.
Agni Purana, Chapter 383 (last chapter), Verse 12:
There are two courses for beings;- divine and demonic. Constant
devotion to god Vishnu is divine and the contrary is demonic.
But the problem is, the same Agni Purana in other chapter says one who sees ...
P. V. Kane in History of Dharma Shastras Vol. II Part I says the verse belongs to Āśvalāyana Gṛhya Pariśiṣṭa and Saṃskāra Kaustubha of Anantadeva which discuss the Kanyādāna procedure in detail. Neither of these two texts seem to be available online.
Kanyādāna: (the gift of the bride). Vide Pār. gṛ. I. 4, Mānava gṛ. I. 8. 6-9, Vārāha gṛ. 13. The Āśv. gṛ....