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Home My WebLink About1016 ~ v ~.1 t J . . , t ' f M O R T G A G E 2335~.8~ ~ c~- L .lose~h Dinatale and Therese V. Dinatale. ~14 S W o8th Av~. Miramar, Florida ~ t}~e murtgagor, in consideration of the principal sum specified in the prc~missor~~ note hereafter de~cril,ed. re- ~~~~i~•eci from OUTDOOR RESORTS OF AMERICA~ INC.. a cor~:oratian organized and e~isting under tl~~~ Laws the State of Tennessee. the Mortgagor, hereby on this~LL-day of _ Md~ • murtgx~;e~ to the Mortgagee the real property in St. Lucie County. Florida. described as: Lot No. 101-H in that certain condominium known as OIJTD008 RESOftTS OF AMERICA AT NETTLES ISLAI~D, 3s shown by plat recorded in the Office of the Circuit. Court in and for St. Lucie Cc~unty. ~ Florida, in Plat Book 16, page 1:1A through 1J. ~ THIS IS A PURCIiASE MONEY ~10RTGAGE ~ a~ security for the payment of the promissory note of which the following is a coFy: ~ Installment Note and Disclosure Statement ~ e~4 40 ~.',n~'~°° ~,-i~ ~?r~xt oF T~ St. Luci e County . Florida ~ ~ ~ ~ ;~="Cu ~y effized originai tw0a ~N61~1E PER9011AL PRO.~fR(r. ~ . 1!lRS111NT 10 G111rTER 71•13t. ACTS OF 1971. May 8• 19 , i:, - ar.d tat~elled N06Q NOlTtAS ` ~ , ~y~py~y~/~~~~/y~~ . . ~ ' .~•;Vri$ '.~'.f .'t! e~~C ~n ML.~{ WiIA/~~ WVw~~ v1• ~ For Va~ueaRec~eived~ I, we or either of us prom~se to ~p~"~y o the order of OUTDOOR RESORTS OF ~ :~~iF.RICA. INC.. P. O. Box 1116. Jensen Beach. Flor ida. 33457. or any other place as the holder hereof may ~le~i~*nate in writing, the sum of Six Thousand Four Hundred Thirty Four & 40/10~ 6434.40 ) Dollars. this sum Uein~; the Total of Payments referred to in the Disclosure Statement below, which includes a FINANCE ;'HARGE on the amount financed, payable in ~p equal consecutive monthly installments of _ 107.24 each. and the first instaUment to become payable on thp 8th day of- ~une ~ ~ 1~ 72 , and one such installment to become due and payable on the- 8th day of each succeeding month 4 ~iiitil the whole of said indebtedness (Total of Payments) is paid. In the event of prepayment in full by cash ~ t~efore the final installment date. the unearned portion of the FINANCE CHAF.GE shall be rebated under the Rule of 78's. In the event of default in the due and punctual payment of any installment on this Note for a period of tl~irty (30) days. or if any statement. representation or warranty in any applicatior? for the credit evidenced i»~ this Note is found to be untrue in any material respect. or in the event THE UNDERSIGNED. WITHOUT TfiE PRIOB WRITTEN CONSENT OF THE HOLDER HEREOF, SHALL SELL. EI`CUMBER (EXCEPT FOR ANY MORTGAGE V~'HICH 1S SECURITY FOB THIS NOTE) OR OTHERWISE DISPOSE OF OR EN- ('UMBER OR COMMIT ANY BREACH OF THE MORTGAGE OR PEftMIT OB SUFFER ANY LIEN TO F;YJST ON THE REAL PROPERTY .PURCHASED BY THE UNDERSIGNED AND FINANCED THROUGH THE CREDIT EVIDENCED BY THIS NOTE or in the event of the incompetency, insolvency (howsoever e~•idenced) or bankruptcy of anyone or more of the undersigned. then the entire remaining indebtedness then ~ c~ue shall become immediately due and payable at the option of the holder hereof without demand. presentment ~ or notice of any kind. Any failure of holder to exercise said option shall not constitute a v?aiver of the right to exercise the same at any other time. Time is of the essence of this Note. In the event any installment is not paid when due•or within ten ~ days thereafter, the holder may collect. and the undersigned agrees to pay a late charge on such installment in ~ an amount equal to 5~ of such installment or $5, whichever is less, and in the event this Note is collected by ` la~ti~ or through an attorney at law or under advice thereof, the undersigned agrees to pay all costs of collection, ~ iruluding reasonable attorney's fees and court costs to the extent permitted by Florida law. L. ~ The undersigned and all endorsers or other parties to this note jointly and severally trans~er, convey and ~ assign to the Holder a sufficient amount of such homestead or exemption as may be allowed, including such ~ h~mestead or exemption as may be set apart in bankruptcy, to pay this note in full, with all cos~ of colleetion. ~ ~ and do hereby direct any trustee in bankruptcy having possession of such homestead or exemption to deliver to "'d~ ~ the Holder a sufficient amoun+ of property or money set apart as exempt to pay the indebtedness evidenced ~ z hereby. or any renewal thereof, and do hereby. jointly and severally, appoint the Holder the attorney in fact for _,s s each of them, to claim any and all homestead exemptions allowed by law. o+ ~ A first mortgage for the security of the aforesaid indebtedness is retained by OUTDOOR AESOftTS OF ~ ~MERICA, INC., on Lot N~O1-H in that certain Condominium known aa OUTDOOR BESORTS AT NETfLES ; ISLAND, and on any improvements, fixtures or after acquired property added thereon~ as shown by plat re- ~ corded in the Office of the Circuit Court in and for St. Lucie County, Florida, in Plat Book 16, paRe l:la thr-~,~::-h ? 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