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Home My WebLink About0816 , . 23'7850 ~IORTGAGE r. Jose h F. and Marion D, Jamisonl_ his aifel--- - thr~ murt~?agor, in cousideration of the princip.il sum sp~cified in the prumi,.or~~ note hereaftet cieycril~ed. re- ~•t~i~•ed from OL•TDOOR RESORTS OF A~•iERt('A, I\('., :i rorporation or~;anizcc. and existin~; under the Laws ;~f the State ot Tenne.~ee, the Mortgagur, hereb~~ on thi~_ 3~h _da~ of__ __M~rCh lg 72 ~ murtgage. t~~ the ~tort~;u~*ee the real propert~- in St. Ia~cie Cc~unt~~, Florida, de5cril,e;l as: Lot I~o._ 104~ _ in that cert.iin condominium kno~~n a~ OUTDOOR RESORTS OF A1~IF.RICA AT NE1"TI.ES ISLA\D, ~s sho~sn Uy plat recorded in the Oflice of the Circuit Court in and for St. Lucie C'ounty, F'lorida, in Plat Rook 16, page 1:1A throu~*h 1J. THIS IS a PURCHASI~: ~IO`ES' ~IORT(:AGE security for the payment of the promissorr note of ~~•hich the tiollo~~•ing i~ a copy : ~ Installment Note and Disclosure Stotement ; 6434.40 St. Lucie County , Fiorida ~ ~ . March 30~-- lg ~2 ~ For ~'alue Recei~•ed, I, ~~•e ar either of us prum i.e to pay to the order of OUTDOOR RESORTS OF :~~IERICA, INC.. P. O. Box 1116, Jensen Beach, Flor ida. 33457, or any other place as t~OholdOeOr hereof may de~i~nate in ~~•riting, the sum of~8__'1'1lousa~id~4~ ~dred Thi~ty Faur b(~64k34,.4u-) DoAars. ; thi, stim being the Total of Payments referred to in the Disclosure Statement below. ~vhich includes a FINANCE ~ ('HARGE on the amount financed, paS•able in__ 60-- equal consecutive monthly installments of 1 . j 10~7.24 each, and the first installment to become payable on the 1~-day of~ Angust i a i 1~1 72 , and one such installment to become due and payable on the- 1~ day of each succeeding month # ~ t~ntil the Hhole of said indebtedness (Total of Payments) is paid. In the event of prepayment in full by cash ~ hefore the final installment. date, the unearned portion of the FI;~'AI`'CE CHAFGE shall be rebated under the Rtile of 78's. In the event of default in the due and punctual pa~~ment of any installment on this Note for a period of thirty (30) da~~s, or if any statement, representation or «~arranty in any application for the credit evidenced h~• this Note is found to be untrue in an> material respect, or in the event THE UNDERSIGNED~ WITHOUT THE PRIOR R~RITTEN CONSENT O~' THE ~iOLDER HEREOF, SHALL SELL, ENCUMBER (EXCEPT ~ OR ANY MORTGAGE `~'HIGH 1S SECURITY FOR THIS NOTE) OR OTHER~'VISE DISPOSE OF OR EN- CUMBER OR COMM[T Al\Y RREACH OF THE MORTGAGE OR PERM[T OR SUFFER ANY LIEN TO E~IST ON THE REAL PROPEItTl' PURC~iASED RY THE UNDERSIGNED AND FINANCED THROUGH THE CREDIT EVIDENC~D B~' THIS I\'OTE or in the e~~ent of the incompetency, insolvency (howsoever ~ e~•idenced) or bankruptcy of anyone or more of the under~i~*ned, then the ei~tire remaining indebtedness then due shall become immediately ~ due and payable at the option r~f the holcler hereof ~ ithout. demand, presentment ~~r notice of any kind. Any failure of holdQr to erercise said option shall not constitute a waiver of the right ro exercise the same at any other time. Time is of the essence of this tiote. In the e~~ent an~• in~tallment is not paid when due or within ten ~ days thereafter, the holder may collect, and the undersigned a~ree~ to pay a late charge on such installment in ; ~ an amount equal to 5' ~ of such installment or $5. ~chiche~-er is less, and in the e~•ent this Note is collected by } ~ law or through an attorney at laH• or under advice thereof, the undersigned agrees to pay~ all costs of collection, ~ includinR reasonable attorney's fees and court costs to the extent permitted by Florida law. The undersigned and all endorsers or other parties to thi. note jointly and severally transfer, convey and a.sign to the Holder a sufficient amount of such homestead or exemption as may Le allowed. ~including such homestead or exemption as may be set apart in bankruptc~•, to pa~~ this note in full, with all costs of collection, and do hereby direct any trustee in bankruptcy having po.se~~ion of such home~tead or exemptio`h to deliver to the Holder a sufficient amount of propert~~ or money ~et apart as exempt to pay the indebtedness evidenced hereby, or any renewal thereof, and do herel?y, jointly and se~•erall~•, appoint the Holder the attorney in fact for each of them, to daim an3~ and all homestead exemptions alk~~ced b~• laH•. A first mort~age for the security of the aforesaid indebtecine~~ is retained by~ OUTDOOR RESORTS OF A:~iERICA. INC., on Lot tio. 1Q4/Zn that certain Condominium known aa OUTDOOR RESORTS AT NETTLES - ISLAND, and on any improvements, fixtures or after acquired pmperty added tt~ereon, as shown by plat re- > corded in the Office of the Circuit Court in and for St. Lucie ('ounty. Florida, in Plat Book 16, page 1:1A i 9 through IJ. o~~K ~OU PACF 815 - ' . ~ i ~ ~ ~ ~ ~ _ , ~ ~ ~