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Home My WebLink About0069 - - - --r.- - - - ~ . o~rrective 6 - B~a T: p~'~y ~ x~pg~ ~ 24949Z z~ a~ Attorneya at I.aw ~ ,M O R T~ A~ E Firat National Bank Bldg. ` r~ , Shelbyville, Tennessee 3?160~ P~R (~Q / Om ~n ) ~ 0 ~ L ( ) Sn L Z~ ~ ~'l.~ ~ J ` ~ the mortgagor. in consideration of the principal aum specifted' in the promiaaory note he~+eaiter described, r~ ceived from Oil'fDOOR RESORTS OF AMEItICA. INC.. a cor~orstion or~ai?ised and exiatiag under the Lawa of the State of Tennessee. the Mort8~a8or. herebo on this..~_d~y o* e e- ~ 19_~~ mortgagea to the Mortgagee the real pmperty in ~it Co~ntq. Fforlda, deecribed as : . Luc e Lot No~~n that certain - condo ' OUTDOOB ~ R E S O I t T S O F A M E R I C A A T X~ 1~ l 1 1~! ~t t r e c o r d e d i n the Ot~'ice of the Circuit Court in and for t~~ty, Florids, in Plat Book 5~x~ 16, paqe 1:1A through 1J. ~ THI3 I3 A PUIiCHASB MONEY MORTGAGS ~ As security for the payment of the promiaeory note of which the foUowing is a copy: `t~ Installment Note and Disclosure Statement R~EIYm ~-z 3~ 7 IN PAYIAEM OF TAXES - g 11. 933 .76 WE pN ~U1SS ~C INTA11l;IglE PEASONAL PROlERtY~ St . Lucie County; ~orida PlIRStiAt1T TO CHA~'-E~ 71-134. ACTS OF 19I1 y/ aocEa Poitw?s r"`0 ~ l0 19_7~ CIERK CltiqllT OOURt, ST. LUCIE 00., F!A For Value Received, I, or ither o~,ua ~romise3t~~y to the order of OUTDOOR RESOR.TS OF AMEBICA, INC., P. O. Boxl~~~ri~,e~'lor~~~ ~4~/or anq other place as the lu~~d~~reof may designate writing~ the aum ofEleven thousand,nine hundred,thirty-three ~ ~ q~~ _~p~~ this sum being the Total of Payments referred to in the Disclosure 3tstement below, which includea a FINANCE CHARGE on the amount financed. payable i*? 96 equsl consecutive monthly installmenta of g 124.31 each. and the first installmert to become paysble on th~day of ~ i 19~. and one such installment to become due and payable on the ~'Q'~ daq of each succeeding month ~ untii the whole of said indebtedness (Total of Payments) is paid. In the event of prepayment in full by caah ` before the final installment date, the unearned portion of the FINANCE CHAAGE ahaU be rebated under ~ the Rule of 78's. ~ In the event of default in the due and punctual payment of any inataUment on this Note for a period of thirty (30) days. or if any atatement. representation or warranty in any application for the credit evidenced by this Note is found to be untrue in any material respec~ or in the event THE UNDERSIGNED. WITHOUT THE PKIOR WBITTEN CONSENT OF THE HOLDER HEREOF. SHALL SELL, ENCUMBEB (EXCEPT FOB ANY MOItTGAGE WHICH 1S SECUBITY FOR THIS NOTE) OB OTHERWISE DISPOSE OF OR EN- _ ! CUMBEB O~t COMMIT ANY BREACH OF THE MOATGAGE OR PE~tMIT 08 SUFFEB ANY LIEN TO EXIST ON THE REAL PROPEftTY PURCHASED BY THE UNDERSIGNED AND FINANCED THROUG~i THE CREDIT EVIDENCED BY THIS NOTE or in the event of the incompetency, insolvency (howsoever evidenced) or bankruptcy of anyone or more of the undersigned, then the entire remaining indebtedness then due ahall be~ome immediately due and payable at the option of the holder hereof without demand. presentment or notice of sny kind. Any failure of holder to exercise said option shaU not constitute a waiver of the right to euerciae the satne at any other time. ~ TSme is of the essence of this Note. In the event any installment is not paid when due- or within ten daya theneafter, the holder may collect, and the underaigned agrees to pay a late charge on such installment in an amount equal to 5~ of such installment or a5, whichever is less, and in the event this Note is collected by s law or th#~ough an attorney at law or under advice thereof. the undersigned agrees to pay all coata of collection. ~ including reasonable attorney's feea and court coats tfl the extent permitted by Fiorida law. . The underaigned and all endorsers or other parties to this note jointly and severally transf~r. convey and ~ assign to the Holder a suflkient amount of such homestead or exemption as may be allo.wed, including such homestead or exemption as may be set apart in bankruptcy, to pay this note in full, with all costa of collection, and do hereby direct any trustee in bankruptcy having possession of such homestead or exemption to deliver to the Holder a suff'icient amount of property or money set apart as exempt to pay the indebtedness evidenced hereby. or any renewal thereof. and do hereby, jc,intly and severally, appoint the Holder the attorney in fact for each of them, to claim any and all homestead exemptions allowed by law. i t A first mortgage for the se~urity of the aforesaid indebtedneas is retained by OUTDOO~t BESORTS OF ~ AMERICA. INC., on Lot N~~n that certain Condominium known as QUTDOO~t BESOItTS AT/~~~~~ ~ - and on any improvements, fiztures or r~ ~,ired property added thereon, as ahown by plat reconied in the ; Off'ice of the Circuit Court in and for%~It .I~'our~y, Fforida, in Plat Book 16, paqe 1:1A through 1J. 600K212 PACE V9 aooK211 2~~~ ~ sss a.'E. ~ ~ 'E~:as a f h - • ~ ~`as-~~~~.~~,.- _ ~ _ ~ .