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HomeMy WebLinkAbout0877 MORTGAGE ~ 21'7Q~9 ~ ~ _ - - - ~QWARD rl . INA L__ _V.AR A LL - - - - - ~hr in~~rt~,<?~~+r, in ru~~•:~ierxtion of the prinrip~il sum specified in the prc~mi..~u~• nute herc•after de~crihed, re- ~~•;~~.~~i fr~~ni nL'TI~OOh RFSORTS OF a11ERICA, ItiC., a corp~ration or~,?anized an~i exi~tin~,• under the l.av?s i th~~ ~tatc~ ~,i Te~uie;:ee. the ~Iort~;a~,~or. hereb~• on thi.-_-- 2nd__das of__-_~Ile_---_ 19 71--, ~~rt~;.t~,<<>: t„ t~1e ~Iurt~,•a~,~ee the ce.~l propertti• in St. Lucie ('ount~•. Florida. descril,ed a~: S ~ A~~ ' - Section II , ~ ~E ~n~t \'o. 1Q69-N in that rertaui condominiuni kno~~•n a~ OLTT~OR -,rE' ~~F.~OhTS O~ A~iEi:l('A AT \F.TTI.ES ISI.A\I~. as `hu~~•n t?:~ plat ~A~,`;: ' j,~. rec~~r~~~~i in the (ltlice ~~f the ('ircuit ('ourt iu xnd f~?l• St. Lticie ('e~unt~ J; ~ ~ Fl~~l•id~i. iii I'lat R~N~k lG. pa~;e 1:1A through 1J. n -~,Q~"~` : ~/~~9~ a _ , ,3/ ,~aN~~~'- . w ~ ) Y 4 ` ~ ; '1'NI~ 1~ l L'Rl'HA~~ ~t0\E1' ~IORT(:A(:E ~~.~R ~~5, Q• c a ~ ~~~ct~r:!}~ 1~»• the p.t~•tnent ~~f the ~11'~~1211~•~~1'~' IlOtt' of ~~•hich the full~n~•in~,• ~`'c,0~i~'r"c~~i~- ~ ~ ~ ~ > Instailment Note and Distlosure '~~;,`~```a ~°`L~~~~-~`` ; C~ e~i~~ ~!C1 ~ : 6,499.80_ _ Jensen ~~t. _cie__Co._, ~lorida ~ ~V~ - - ~ . ~ June_2~ _ 1`~--- ~ F~~r ~'~ilur I:t~cc~i~~eci, I. ~~r either ~~f u~ ~rr~~mi~e t~~ paS• to the order of Ot'TDOOR RESORTS OF = \>IF:I:I('a. 1\('., f'. O. R~~~ 111G. Jen~en Reach, Flor ida, 33-~57, or an~• c?ther place as the holder hereof may i~~~i~n:itt~ in ~~~riti?i~;. the •um ~,f S~x Lhousztid faur -hundred -uiuet~-~iu~-3.- 89~~90 (b~4~.8D- ) I~ollars, ~un~ ht~in~,~ the Tutal ~~f Pa~•me?zt. referred to in the i~i.clu~ure Statement belo~~~, ~~•hich includes a Fl;`'.ANCE _ ~;i ~I:I~E un the am„unt tinanced, pa~•able irL__ fiQ __equal consecuti~~e monthl~• installment, of ~ 108.33 eac~h, and thc• !ir~t in.tallment to berome pa~•abie on the_ lOth_ _.day of AuRust_____, : 71 .:in~l ~~ne ~u.~h inxt:311meirt I~~~~me (Ilit: 1i11(~ j)ii}"il~~le ~~t~ the lOth__ _dati• of each succeedin~; month - ,~~t~l th~~ ~~~h„lc~ ~~i ~xid in~lt~hte~lne~. IT~~t~il ~~i Pa}~ments) i~ E~aid. !n the e~~ent of prepa~•ment in full b~ ca.sh t~~rr th~~ tin.il in~t;~llmr•nt dat~~, thc unearnc~c~ }x~rtion of the FItiA~('E CHARGF, shall be rebated under •~;r l:ul~' ~~I iK~~. _ ln the t~~-rnt ~~f def~ult in the ~lut~ anc3 punrtu<il pa~-ment of an~• installment on thi, \ote for a period of ~hirt~• l:~I1) ~la~•:. ~~r ii an~• ~tatc~ment, repre~entation ur H•arrant~• in an~• application for the credit e~~idenced thi: \~~te is f~~unc1 t~+ }~r untrue in an~• material respect, or in the e~•ent THF. L\'DERSI(',1'ED, ~L'IT~iOL'T = I'}IH: I'I:InR «'RI"ITI~:~ t'~)~`I~:~T nF TI{E 11(II.I~ER tiEREOE'. SNAI.I. SF:I,I.. E\('L'~iBER (E~CCEPT - f't?[; ~\1" ~1ORTt.:~t:F: «~H(('ii 1~ ~Et't'f~l'fl' FOIZ Tt(iS \OTE) OR OTHEK~I'ISE I)ISPOSE OF OR E:~- - ~ C'~tK~:R OK l'O~i~1iT A\l" F~f{F::~t'H f)F~' THF: ~IORT(:At:E (1K PF:E{~11T OR SLF~ER A:\Y LIE\ TO ' 1 F:X[tiT O?~ THF. RF.AI. E'}tt~!'F:F{T1' Pt'R('H~SE:I) R~' THF. I'\i)FRSIG\EI) ~\I) FItiA~'C'ED TNROUGH "I'IiE ('NE[)[T F.~'[I?Eti('EI? f~l' 'I'}ilti \OTF. ~~r in the ecent ~~f the incompetency, insolvency (howsoe~•er - ~~~-i~~e?uedl ~r hankr~i~~tc}- ~~f an~-~~ne ~~r m~~re ~~f th~~ un~ler~i},~ned, then the entire remaininK indebiedness then ~iu~~ ~hall h~~me irnmc•~ii,tt~~t}• {Li~ .~rri ~~~~cak,le xt the ~~~~tic~n ~~f the h~lder here~~f ~ti•ithout demand, presentment ~~r n~?tice of an~• kir.ci. ~1ri}• fa+.lur~~ ~~f h~~l~ler to ~~serri~e ~aid c~pti~~?i ~hall nut c!~nstitute a w~ai~•er ~~f the right ~:3 - ±u exercise the ~ame at .~r,~• ~~t?~t~i~ ti~n~•. `;3 Time i~ ot the e,~f~r,cc• ~>f thi~ ~~~tc•. In thr e~~ent an~• ir.tallment i. n~~t paid when due or within ten titi}-~ ther~~~ift~r, tnt~ h~~l~ic~c• mu>~ r,~;lt~r1, and th~ uncler~i~,~ned <'i~,~l'E~t•~ t~~ ~~~i~• x l~tte char~,~e on ~uch in.tallment in an am_~unt e~aual t•~ ;~~f ~~~~•h ~T,~t:~l!rr~~~nt ~~r e5. ~~hiche~~e•r i~ It~~:, :ind :n the e~•ent thi~ ~ote ia c~~llected by -%i iSt~\' ~~f thr~~u~;h 7ifi :t??,?!'1:~'1' :li lis~~ ~~I' ti!:!~(•I' :t(~~'ll't t~it'I't'Uf. t}iP UIl(~c~r~i~Fned ii}(1"E'f'~ tl) pit)' iil~ Ct)StS Of C(l~~Fl't1~~T1, :ncl,~~lin} re.~~r,n:?t,i~~ at'~~r:~.•~~'~ fr~•.~ :tnci r~~t~c't ru.t, t~~ thc~ ext~~nt ~~c~rmitt~~cl 1~~• Fl~,rida l.i~+•. The• un~fer=ikrt~l-;inri atl encl~~?-~c•r~ ~,r ~~th~~r }~arti~~~ t~~ thi~ m~t~~ i~~intl~~ and ~e~~erali~• tran~fer, c~~n~•ey and a~~i~n t~~ the li~~lclt•r a~~.i!iirient am~~ur~t ~~f ~u~h h~~me:tea~i ur e~em~?tic~n ma~• i,e alluH-ed, inciudinK such fi~~fi7P~tf'i1f~ ~~1' P\PRl~itl~~li :t~ Illit}' fiC att .ij)iift lIl F~'<ill~l'll~)tC~'. L~~ j~.il' ~}11~ li~~tt lfl tU~~. ~1'It}1 a~~ C(~Rtti Ilf CO~~QCtlOfl, - and d~~ hrr~~i~~• ~irt~rt an~- iru~tPe iii }~atii:rti~~tc~• ha~~in~,• ~~:~:.~~,.i~m ~~f ~u~•h h~~m~•strad ~~r c~xempti~~n to deli~•er t~ the~ H~~Itie•r a~~~ttic•~ent amvi~nt ~~f {~r~~Ejrrt~• ~~r m~~ney ~rt a~~art rxE~m{~t i~~ p.t~• the in~lehteJness evidenced - he~rc~t~~~, ~~r an}- r~~nc>~ti.il th~~r~=+~f, ai~~1 ~iu hert~ti~}•, j~~i~itl~• an~i ~t•:~t~rail~•. aE~{~~~int thE~ H~~1~1er the attnrne~• in f~ct for ~~:u•h ~~f them, t~~ rlaim ~itz~• and all h~~Rle~te:id e~~~mptiun: <+ll~~~?ed h~• lx~c. ~ tir~t m+~rt~a~~e f~~r the ~er!~~jt~e~~~~ <~'Yre~aid ind~i~t~Kln~~:: i~ rNtainc~l 4~y ()('T[N)()R RESOR"CS OF :\~IF:F:1('A. 1\('.. ~~n l.,~t \~~10~s~-y in thxt rert.~in t'~,n~l~~minium knnwn ae UCTI~~?OR RE;~nRTS AT ~'ETTLES I~1,:~\1~, an~l un 111)' IR1~C~~~'l'Rle~it~, fixture~ ~r after acyuired ~r~~pert}• added there~,n, a~ ~hown by ~?lat re- ;-„~~if~~i in the Otlire :~f the t'irruit ~'~~t;rt in ar~~f f~~r- ~t. Lucit~ 1'„unt}•. F'lvricia, in Plet R~r~k 16, page 1:IA _ thn~u~•h l.l. .~„L~.m ~ - ,-~-r« ~ ~ o R ~rtc .~j~ -~j f~~c~ t:«f ,.~1~ - x,~ << ~z,c c~c~L~~ 600M t~ PAC~ ~ r l