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Home My WebLink About2339 M 0 R T G A G E ~:~'~33.q ` Bill W. Jones & Shirley_ Jones __930 Woodland Ave.__W. Palm Bch, Fla. the nxn•t~,'iigor, in consideratiou of the p.incipal sum specified in the promi,sory note hereafter described, re- ~•~~i~•ed frum OL'TDOOR RESORT~ OF Ai~1ER~('r1, IvC., a rorporation or~anizecl and existing under the Laws the St.ite of Tennessee, the Mortgagor, bereby on thi~__l~h da~• of__ Novembe~C___ 1972 m~~rtgage. to the ~iartgagee the real prc?perty i~i St. Luc;e Count~~, Florida, described as: I.ot No.~Q~4-~I _ in that certain condominium kno~rn as OUTDOOR RESORTS OF A1~ERICA AT NE1"fLES ISI.AtiD, as shoHn by plat recorded in the Office of the Circuit Court in and for St. Lucie Count~. Florida, in Plat Book 16, page 1:1A thruugh 1J. THIS IS ~ PURCHASE ~101E1 :~10RTGAGE a: securit~~ foc the pa~~ment of the promissory note of ~~hich the follo~~•ing is a copy: Installment Note and Disclosure Statement R~EIVEO T~_ IN PAYMENT OF T1U(ES ~ . Florida ~ DUE ON CLASS'C INTANGIBIE PE?~'C~1,1L P~R(Y, PURSfJANT TO CHAP'ER 71-133, ACTS OF 19)l. NOVeA1b@Y' 1~~ _ 19 72 ROGER POITQIIS `ir~~ - - CIFIlI CIRq1iT CqJRT, S~. LUCIE Op~ f(/~, For ~'alue Recei~•ed, I, ~i•e or either of uc prom ~se to pay to the order of OUTDOOR RESORTS OF .-~1fE:RI('~, 1~'C., F. O. BoY 1116, Jensen Beach, Florida, 33457. or any other place as the holder hereof may ~lt~,i~,~nate in ~criting. the sum of - ~ ( - - Dollars, t}~i: sum being the Total of Payments referred to in the Disclosure Statement below, which includes a FINANCE i'H~RGE on the amount financed. payable in equal eonsecutive monthly installments of _-__--each, and the first installment to become payaUle on the 1st-day af January ~ I~ 73_, and one such installment to become due and payable on the- lst day of each succeeding month ` until the ~•hole of ~aid indebtedness (Total of Payments) is paid. In the event of prepayment in full by ca.sh ~ i~~~fore the fina! installment date, the unearned portion of the FI\'AI~'CE CHARGE shall be rebated under t ~ the Rule of 78's. ` In the e~~ent of default in the due and punctual payment of any instaliment on this Note for a period of ~ tV~irt~• (30) days, or if any statement, representation or «arranty- in any application for the credit evidenced ~ h~- this I~'ote is found to be untrue in an~ material respect, or in the event THE UNDERSIGNED, WITHOUT ~ THE PRIOR «'RITTEN CONSENT OF THE HOLDER HEREOF, SHALL SELL. ENCUMBER (EXCEPT ~ ~'OR ANY MORTGAGE 1~'HICH 13 SECURITY FOR THIS NOTE) OR OTHER~VISE DISYOSE OF OR EN- ~ (~;;MBER OR COMMIT ANY RREACN OF THE MORTGAGE OR PERMIT OR SUFFER ANY LIEN TO ~ F,.l'IST ON THE REAL PROPERTl' PL'RCHASED BY THE UNDERSIGNED AND FINANCED -THROUGH ~ THE CREDIT EVIDENCED BY THIS :`'OTE or in the event of the incompetency, insolvency (howsoever e~-idenced) or bankruptc~ of anyone or more of the undersiKned, then the entire remaining indebtedness then ~ clue shall become immediately due and payable at the option of the holder hereof without demand, presentment ~ ~~r notice of any kind. Any failure of holder to exercise said option shall not constitute a w•aiver of the right ~ to exercise the same at any other time. ~ Time is of the essence of this 1~'ote. In the e~ent an~~ installment is not paid when due or within ten ~ c~ays thereafter, the holder may collect, and the undersi~,~ned agrees to pay a late charge on such installment in - ~tn amount equal to 5`~ of such installment or ~5, whiche~•er i~ le~~, and in the event this Note is col~ected by ~ law or through an attorney at law or under advice thereof, the undersifined agrees to pay all costs of collection. including reasonable attorney's fees and court costs to the ertent permitted by Florida lati~. The undersigned and all endorsers or other partie~ to thi. note jointl~• and severally transfer, convey and =~s a~si~*n to the Holder a suflicient amount of such homestead or exemption as may be allowed, including such h~mestead or exemption as may be set apart in hankruptcy, to pay thi. note in full. ~~~ith alt costs of collection, and do hereb~ direct any trustee in bankruptcy having posse~~ion of such homestead or e~emption to deliver to the Holder a sufficient amount of property or money set apart as e~empt to pay the indebtedness evidenced hereby, or anp rene~val thereof, and do hereby, jointl~ .ind se~•erall~•, appoint the ~iolder the attorney in fact for each of them, to claim any and all homestead exemption~ all~~~ced h~- la~•. ~v£ A first mort~;age for th~~ecurity of the aforesaid indet,t~.~lne.s is retained h~• OL`TI)OOR RESORTS OF Hr a~1ERICA, INC., on Lot \'o.~p.$e~in that certain Condominium known ae OUTDOOR RESORTS AT NETTLES ~ l~i,~tii), and on any improvements, fixtures or after acquired property added thereon, as shoWn by plat re- Y: r~~rded in the Office of the Circuit ('ourt in and for St. I.ucie ('ounty~, Florida, in Plat Bouk 16, page 1:1A yri throuKh 1J. ~'"`'`°`.-.'.y ;•~,'~s iJ(N(~~O ~f~~~i~ se ~ - " ~ _ u-°- ° ~ ~ ~~i^~~°~-5._r..~_ _ ~.__._.~s _ Y~;~.t.-~~~