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HomeMy WebLinkAbout0885 MORTGAGE 21'~U~~ ~ Ho~ard lleur-i-uk--Tr~v€1 ?R~i1~s, In~.- _ '!i~` IIU~Yt~':l}!Ul', lll CUll~lllf'1'iit1011 uf the ~1'lllll~Y1~ 5U~11 ~))E'l'1~1P(~ 1I1 t~l(' ~)!'UI111~5~~1'~ 11Jit' Il~'I't'ilttl'1' l~t'~cril,ed~ T~ ~~~•~l fr~~m Ot'TI1(l(1R RF.~nRTS nF A:~1ER11'A, I\('., ~i cur{~orati~~n ~~r~,~xnized an~i e~i.tin~~ iutider the La~~~s . the~ ~t.~tr ~~f "C~~nnr::r~~, the 3iori~,~~?g~~r. hereU~• o~i thi._ 22nd da~• of - MdrLh 1`~ • ."r,~;~~c•• t~~ thr ~l~~i•t~a~er~ thr i•c~.?1 pr~~pc~rt~• in ~t. l.i~rie ('uunt~•. Fl~~i•id:?, desrril?eci ~ts: ~ Secti pn I 3 L~~t 127-H - in that cert~illl cundominium k~i~?~~~n x.; OL'TI~OR ~*~,ES S RF.~(1R1'~ nF A~1~:R1('a r1T \E~TI.F:~ I~I.A\I), u. ~h~?~~-n b~• ~~l:tt p~ QC~• € rer~,r~le~i in tht~ (~tii~•r „f the l'ircuit ('oiu•t i~i and f~~r St. Lucie ('~~unty, ~~~Se~~o~E ~'i~~rid.i. in Plat RcN~k 16. page 1:lA throu~~h 1J. QPy•~a~ ~S c l~~E ~~'G _ ~t ; 1'Hlti t~ P1'R('H ~~E ~101E1' ~IONT(::1(.E ' :r.•tu•it~- fc~i• tht• {~a~-mei~t uf the pr~~mi.;ui•~• ~i~~te of ~~•hich th~~ fullc?~~'in~,~ is ~,}?~~~'L~ L~i~' ~~~Q~ r. C~~ `\a~~ s V ~ ~ ~ Installment Note and Disclosur~~~~e~~~~,~-"`;~~o~ ~ ~~5~~~° c~~'~ ~°~'y ~ ~ 6, 434 . 40 _ J en~ i~i.'h~9~'. l. u'~~ , Florida , _ _ 0 ~ aS `~e G _ M~r_~--h ~ _ 19 Z - - -19--- - F,~r \'alue R~i•~~i~~e~?. I. ~~~e ur either ~~f u~ ~~r~~mi~e t~~ pa~• to the or~r of OUTUOOR RF.SORTS OF :~~1F:lit('a, 1\('.. Y. O. I~~~x 111G, Jensen Re.tch, Florida, 33~57, or any other place as the holder herec~f may ~i~natc~ in ~~~ritin~:, the ~um ~?f_~lX thousaad four hundred_ih.irt~t_fnur_ & 411~]IIO(_~_a~a_-4Q_) nollars, - ~%;i. ~um hf~in~,~ thc~ T«tal ~~f Px~•mei~t~ referred to in the I~i.clu.ure Statement t,elow, which includes a FINA1~'CE ~ iI:~RGI~: un the .tm~~iu~t financed, pa~•ahte irL_ fifl _ __equal consecuti~•e monthly in~tallments of ~ 107.24 each, and the tirst in.tallment t~~ become pa~~at,le on the__ 1St__ dav of-ric~t___ - 71 ..uul ~~nr~ ~u~~h in~taliment t~, hrc~~mt~ ~iue and pa~•~l~le ~~n the 15t_ da~~ of each succeedinR month ;•:;il tht• ~~~hule ~~f <ai~l indei~tedne~~ 1T~~tal ~~i Pa~•ment.) is paid. In the e~•ent of prepa~•ment in full by cash f~~r~~ the tina4 in~tallm~~nt dxte, the unearned ~x~rtion of the FI\A:~('E ('HARGE shail be rebated ~~nder ~ i:~~ I:ule ~~f i2i'~. ln the c~~E~nt ~~f def~{ult in thc~ ~ii,t~ c~nci ~,w~rtual ~~a~-ment ~~f any in`tallment on this tiote for a period of •~:irt~• 1301 ~la~•~. ~,r if an~• ~tatt~ment, rej~rt.~entation or w-arrant~• in an~~ appliration for the credit evidenced ` this \~~te i~ f~und tn 1~~ untrut~ ir. an~• material re:E~ect, ~~r in the e~•ent THE L'tiDERSIG:~'ED, WITHOUT : YRInR ~~'ItITT}~:\ ('(1\~F,~T (lr' THE finI.DF.R HF.RF.nF, SIIAI.1. SEI.I,. EtiCUMBER (EXCEPT > F'~~R A~1" :~iOf{T(:at;~: ~t'Hl~'ft l~ ~1•:~'t`i:l"I'~" ~'OR THIS \OTF:I OK OTHER«"ISE UISPOSE QF OR Eti- {~L'~1K~:R OR t'll\t~it"f a~l' 1~1Z~:a~~~t (1I~' TEIi~: ~TORTl:t1l:E nR YER111T OR ~LFFER AN~ LIE:~ TO s;: I:.l'I~T Oti 'I'}IF. ItI~:AI. I'f{t?t't-:I:Tl' YL'Ri'1{A~~:I) R~' THF~: L'\I)E:RSI(;\EI) A\U FItiAI`'CED THROUGH = l'HF. ('HEI~IT E:~'I1?F.\t'EI? til' 'C}~Iti \(1TF, ~~r in the e~•ent of the incompetency, insolvency (howsce~•er t•~idencedl or hankruE~t~•~• ~~f iili~"i~IlE m~~r~~ t~f the un~ier~i~,~?iE~d, then the entire remaining indebtedness then ~tuc~ .hall i,ecume immt~~ii;~t«~1~- ~1~~«~ ar.~i ~~::.•ablt~ .~t the ~~~~tiun ~~f the holder here~~f w•ithout demand, pre.entment ,~r ~iotice uf arz~• kir,d. Ar~~• failurt~ ~~f h~~ide?• t~~ e~erci~e ~aid ~~pti~~n shall nc>t cuiistitute a w~ai~~er of the right = t~~ e~ercise the ~ame xt a~:~~ ~,±h~~r tir?1~~. ` Time of ttzc~ r:=~ nre ~~f t~~i; \~~te. lri thr~ c~~•ent xn>• iri~tallment is not paid ~~•hen due or within ten ~ia~-~ thereafter, tht~ h,~l~it~?- rr..<<~ ~•~~liert. ar,~i the i~«~lt~r~iy.~nt~~i a~r~e~ t~~ {~a~• a 1.~te char~,~e c~n such in~tallment in ~ ;s an am~~unt e~~ual t~• :~,f in~t:tlln~~~?~t ~~r ~~~hi~•hc~~t~r i~ Ic•::, .?nd in the E~~•ent thi. tiote is collerted by - l:i~~' I~C thr~~u~,~~t 3t1 ~??'.~('[lt•~' i~~ !.t~~ ~~l' ?:i1i~P1' .ic~~~t~'e the'1'E'~if, the uniler~iknrd 1~}(Ctt~ i~~ ~1i~' A~~ COSiS (1f l'OIIPCti0~1, i1lC~l:ciin~ CP:t~~~i~iil~~P ~1t~~~I11t'\'~~ ft't'~ :illt~ C~~:11'1 ('~~1t~ tt~ 1}1P t\tt•nt ~~ermittc>d Fluridil ~~i«'. The t~nder<i~,~r;c~~i an~i ~till end~~r~t~!•< <~r ~~ther partic~~ t~~ thi~ »~~tc• j~~irzti~- and ~e~•er<ili~• tran~fer, r~~n~~ey and ` ~~<~i~.~n t~> the H~~~~irr .~ut?irirnt amvunt ~~f ~u~ h h~~mt~:tEa~l ++r t~~em{~ti~m a~ m:+}- t,e alluwed, includin~,? such h~~me•teacl ur c~xrmptu~n m:«• he :et a~~art in hankruE~tr}~. t~~ }r:i~• thi~ n~~te in full. ~~•ith all c~~~ts of cullecti~~n. - and d~~ hert~ht• dire~•t ar;~~ tru~tt~e in },~nkrupt~~}' h<i~~in~; E~~~~:e~:i~~n ~~f ~urh h~~mt•.texii ~~r c•xemption to deliver to the Hnlder ~ufli~•ient am~!~nt ~~f ~~rn~t~rt~• ~~r m~~ney :t~t a{~.iri ~~xempt t~~ F?a~• the indebteciness evidenced herrh~~, ~~r an~~ r~•?:t>~~-al th~~rcti,f. :inc! ~iu hc~rel~~~. ~~~intl}• :ind .c~~~c~r.~ti~~. a{~{r~~int th~ H~~1~1er thP att~~rney in fact for _ ra~~h uf theni, t~~ rilillll any~ and .ill h~~me~±e.?ci exrrl~ptiuti: .tll~~~.+r~1 h~~ la~s. = A tir.t n:~~rt~.~y,~~~ f,~r the ~ecur~feC~iO~~~ ~fur~~~air! in~let,t~tiln~~~~ i~ rc~taint~d h~• O['T[KIOR RESnRTS OF' ~ :~~iF:RI~' a. <~n L~~t 127-H in that cer:xin l'~~nd~~miniurT~ known a8 OL;TIN1OR KESORTS AT NETTLES (~I.~?\I~, and <~n an~ imE~rn~~rmc~nt~, tistt~re~ ~~r after acquired ~~r~~{~ert~• added Lhere~~n, a~ show•n I~y plat re- t~~rdcd iri the nftire uf the (~ircuit.l'ut~rt in an~1 f<~r ~t. I.i~cie ~'~~unty~, h'l~~rida, in Plat R~~k 16, page 1:1A : thr~~u~.•h 1J. ~ 9 7~ ~,'~-~ccmc-..~Qt,y ~.c_,,,t,~ j } _~4 f~~c.G~' ~ l~~GfCs~.lLF - X~li f 4!'LL n rt~~c~ ~,rR~.1JV / - - - _ -