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Home My WebLink About0848 la ` ~ 254'7'73 ~ ~ MbRTGAGE ' ~~p~~ ~ , ~CK~ ~.~~o l eN~+'L~~~~~t~.r.t 1~/r ~ n;urt~:?~;or. ~n coiisidei•:?tion of the piinci~k?1 tium ~pecitiecl i~i the p~Y~mi:~.sory note hereaftei• described~ re- ,~•;~~~~i fi~nn OUTDOOR RESORTS OF Ari~RICA. I\C.. u corpor ition or~ur;zccl und existing under the Lawa che State of Tennessee~ the Mortga~or. hereby on this_~.~-iday of1-~'~'t ~ 19~~ ~ :.;~~~•tb.?ges to the :1+Ioi•tgagee the real property in St. Lucie County~ Florida~ descrii~c~ti as: d~ Q~` Q~~`''~'~a`'~ Lot No.~~n that cei•tain condominium kno~vn as OUTDOOIt ~~(?~~pS~ :?tary Stampt RESORTS OF A~'IERICA AT NF.'TTLES ISLAND, as shown by plut ~ty ~ ,,,;~~na~ ~ recorded in the Oflice of the Circuit ~ Coui•t in and for St. Lucie County~ ~~j ~~1 ~~~„s~~~~. and cantelled ~'lorida. in Plat Book 1G. page 1:1A thi-ou~;h 1J. S~~ TllIS IS A P1IRCHASE 1tONEY ~10RTGA(;E ~~~.tu•it~ for the paynieut of the pi~on~i.,•.wry note of which the followin~; iti a copy!F' . • Installrnent Note and Disctasure Statement ~ ,7 ~ 604 .40 St . Lucie Cou~tty, , Florida ar . y ~s.~ Fur ~'alue Receiveci, 1. He or either of us p~Y?mise tu pay to the order of OUTDOOR RESORTS OF ~:I•:l:i('A, ING.. P. O. Box 1116. Jensen Beach. Flor ida. 33457. or any other place ~.s the holder hereof may ~.,~nate in ~~•ritin~;, the sum of~vent -y s ix hundred, f our & 40/100------ ~7 , 604 . 40 ~ Dollars, ~ilfll UCIII~,~ the Tot~~l of Payments referred to in the nisclosure Statement below. which includes a FINANCE ,~;;:11:GE on the amount financed. payable in___~ ~ equal consecutive monthly installments of 126_. 74 each. and the first installment to become payable on th~day of- a' 7.~ . and one such instaliment to become di~e and payable on the-~ ~ day of each succeeding month I ,~,;;i ti~e ~vhole of said indebtedness (Total of Payments) is paid. In the event of prepayment in full by ca5h ~ ~•:~n•e the final installment date. the unearned portion of the FII~ANCE CHARGE shall be rebated under ~ I:uie c~f 78's. ` In the event of default in the due and punctuai payment of any installment on this Note for a period of :;::~•t~• (30) dzys. or if any statement. representation or wari•anty in any application for the credit evidenced ; his Note is found to be untrue in any material respect, or in the event TH~ UNDERSIGNED~ WITHOUT PRIOR «'RITTEN CONSEI~'T OF THE HOLDER HEREOI~'~ SNALL SELL, ENCU~IBER (EXCEPT c~i; A\l' ~IORTGAGE WHICH 1S SECURITY FOR THIS \'OTE) OR OTHERWISE DISPOSE OF OR EN- ~'~IBER OR CO~'I1~fIT AI~Y RREACH OF THE MORTGAGE OR PERMIT Oft SUFFER A~iY LIEN TO ~~;\;ST Ol~' THE REAL PROPEftTY PURCHASED BY THE UNDERSIGNED AND FINANCED THROUGH t r. CREDIT EVIDENCED BY THIS NOTE or in the event of the incompetency, insolvency (howsoever e~~;,ienced) or bankruptcy of anyone or more of the undersigned, then the entire remaining indebtedness then shall become immediately due and payable at the option of the holder hereof without demand, presentment ~~r i;otice of any kind. Any failure of holder to e~cercise said option shall not constitute a waiver of the right axercise the same at any other time. . . Time is of the essence of this Note. In the e~~ent any installment is not paid when due or within ten ~i:~~•s thereafter~ the holder may collect, and the undersigned agrees to pay a late charge on such installment in ;:r, amount equal to 5`~ of such installment or $5, whichever is less, and in the event this Note is collected by or thro~igh an attorney at law or under advice thereof, the undersi~;ned agrees to pay all costs of collection~ i~s~•~udin~: 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 ,~,~i~,~n to the Holder a suf~'icient amount of such homestead or exemptiom as may Ue allowed, including such '::~~~~estead or exemption as may be set apart in bankruptcy, to pay this note in full. wi*.h ail costs of collection~ arci ~io herel~y direct any trustee in bankruptcy having pos.ses~ion of such homestead or exemption to deliver to • i~~~ Holder a suflicient amount of property or money set apart a~ exempt to pay the indebtecl:Yess evidenced :~.~•reb~. or any renewal thereof, and do hereby. jointly and sc~•erally. appoint the Holder the attorney in fact for ~~.~.~n o; them. ~o claim an,~ and a!: ~?omestead exemption~ allo~~•eci by law. A first mortgage for the security of the aforesaid indef,tcclness is retained by OUTD(10R RESORTS OF ~i i:itt('A, INC.~ on Lot ~'o. S~_-~n that certain Condominium known aa OUTDOOR RESORTS AT NETTLES ;~:.A`1). :.nd on any improvements, fixtures or after acquired property added thereon, as shown by plat re- ~r~ted in the Ollice of the Circuit Court in and for St. Lucie County~ Florida80 ~1~t~B~ 161 ~e 1:1A ~ i~ ~ ~~t~~;h 1J. ~ , ~v ° : _ _ . . . _ , . . - -0;,t _ ~ :.YS~`p~.. ' ~ ~ : ; ..z._~ ~,g•~'~:. W'.-':~~t a ~ ~ ' { . . ~ `z .~r , ?c.