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Home My WebLink About0832 • 254'761 - MORTGA~GE --141~11_~_('i1CdIIgEr ~ Beatri sp Cranaa~ r (Ni ~Js[ifE.~ , ri~t• martg,i~or, in considerntion of the principnl sum spec~fied iu the promi~.soz•y note hereafter described. i'e- r~~i~•ed fitiun OUTDOOR RESORTS OF AMERICA. I:~iC., a corporation organized and existing under the Law ~~f the State of Tennessee~ the Mortgugor, hei~eby on this~ day of /~l/~R C~- ~ 19 7 mortgages to the 1liortgagee the real property in St. Lucie County, Florida~ described as: o I.ot Na.~~JQ~~~in that cert.?in condominium known a.g OUTDOOft ,~°~'~,~o``~ c~ a RESORTS OF AD'IERICA AT NETt I.CS 1SLA~'D, as shown by plat ~ - ~ ~ i•ecorded in the O(lice of the Circi~it Coiu•t in :~nd for St. Lueie County. ~h ~ = ~ ~ F'l~~rida~ in Plnt Rook 1G, pz~~;e 1:1A th~ti~u~;h 1.L ,p:~y~`~ ~ ~ G THIS IS A PUItCHASE 1IONEY DfOlt'rGAG~ 4y=; y~ R~ securit~ for the payment of the pibmissoiy note of which the follo~si?~b is a copy: u`~~~10~~ - N an Disclosure Stotement~~~'~ ~ ~ ~ Instaliment ote d ~ , ~?_L604.40 St . Lucie County ~ , Florida ~ C ~`L_Z ~ is.Z.,~ For Value Receiveci. i. K•e or either of us pr~~mise to pay to the order af OUTDOOR RESORTS OF ~I f~,l:l('A, INC.~ P. O. Box 1116. Jensen Beach. Flor ida. 33457, or any other place ag the holder hereof may ~i~~~i~n:?te in ~rriting. the sum of~venty-six hundred,fonr & 40/100------~7,604.40~ Dollars, ci~i` ~i~m bein~ the Totat of Payments referred to in the Disclosure Statement below. which includes a FINANCE ~'i1ARGF, on the amount financed. payable in 6~_ equal consecutive monthly installments of ; _ 1,26.?4 each, and the first installment to become payal~le on the..~°~~day of 1' 1 7~?-1nd ane such installment to become due and payable on the_~day of each succeeding month ~~~~tii the whole of said indebtedness (Total of Payments) is paid. In the event of prepayment in full by cash ~~~~f~~re the finzl installment date, the unearned portion of the FINANCE CHABGE shall be rebated under Ilie RII~@ Of 78~3. ln the event of default in the due and punctual payment of a~~y installment on this Note for a period of , I ilil't~' (30) days, or if any statement, representation or warranty in any application for the credit evidenced ` i,~- thi~ Note is found to be untrue in any material respect, or in the event THE UNDERSIGNED. WITHOUT Tiii~; PRIOR ~'RITTEN C0~ISENT OF THE HOLDER HEREOF. SHALL SELL~ E~ICUMBER (EXCEPT 1~~~It ANY hiORTGAGE tiVHICN lS SECURITY FOR THIS NOTE) OR OTHERWISE DISPOSE OF OR EN- ~'t'.IIBER OR COMMIT ANY BREACH OF THE MORTGAGE OR PERMIT Oft SUFFER ANY LIEN TO I; 1~,lIST ON THE REAL PROPERTY PURCHASED BY TIiE U`DERSIGNED AND FINANCED THROUG~I ' ' 'i'1tE CREDIT EVIDENCED BY THIS NOTE or in the event of the incompetency, insolvency (how~oever { ; e~•idenced) or bankruptcy of anyone or more of the undersigned, then the entire remaining indebtedncss then ~ ~iue shall become immediately due and payable at the option of the hotder hereof without demand, presentment i t~r notice of any kind. Any failure of holder to exercise F71C~ option shall not con.gtitute a waiver of the right ! tt~ exercise the same at any other time. f I Time is of the essence of this Note. In the event any in5tallment is not paid when due or within ten . cia~•s thereafter, the holder may collect~ and the undersi~;ned a~;rees to pay a late charge on snch installment in :~n amount equal to 5~ of such installment or $5, whichever is less, and in the event this Note is collected by ;a~? or through an attorney at law or under advice thereof, the undersigned agrees to pay all costs of collection, i»cludin~ reasonable attorney's fees and court costs to the extent permitted by Florida law. The undersigned and all endorsers or other parties to this note jointly and severally transfer, convey and ;~:~ifin to the Holiler a sufficient amount of such homestead or exemption as may be allowed, includinR such ~ i~~~mestead or e~cemption as may be set ::~art in i~ankruptcy, to pay this note in full~ with a11 costs of collection, :;nd do herei~y direct any trustee in bankruptcy having possession of such homestead or exemptio», to deliver to ti~e Holder a sufticient amount of property or money set apart .~s exempt to pay the indebtedttess evidenced i~~~reb}•. or any renewal thereof, and do hereby~ jointly :~iid sevcr:tlly, appoint the Holder the;~ttorney ir. fact fc~r each of them. to claim ai:~ and all homestead exemption~ alloHed by law. A first mortgage for e ' y of the aforesaid inde~teclness is retained by OiJTll00R ftESOFcTS OF ~ ' A~IF:RICA, INC., on Lot 1~ that certain C~ndominium known aa 0UTD00R RE3C)rTS AT NETTLES ;ti:,A,VD, nnd on any improvements, fixtures or after acqairrd property added tbereon, as shown by plat re- r~~~•cied in the Of~ of the Cireuit Court in ~nd for St. Lucie ~ounty, I~'lorida, in Plat Book 16, ~sge '.:lA throu~h 1J. BOOK ~1~ PACf 8c~ 3. _ _ . _ . - - - - - - 4r r+^' 5*~S~°~ s~.~u'~".-~-S~~e v~.~.~'rcr' ~ %~x.Y ' S ~ F's~~.'' > . -r! , _ „.~~"{.~:f'~.~~`t_s~£.~~~. "s~~'.