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Home My WebLink About0860 b ~w ~y e~ ~~~`3 18/Gr RfCE~I'.::, i-~ •L/ ~k ?~:~~E~.T QF 1 J(E~i 11~~ D'JE Oti :X.1iS 'G' lM.L'YG1BlE ~'Er:~u~v.l F~fEOPEft(Y~- M O R T G!1 ~ E ~~T TO CW1PiER 72•23~. ACiS Of 9Ji~ R06F8 ~OITRA9 Haro1 d~~or.ge Hol den b 8etty A. Ho1 den Hi s Wi f~~. S~ M~ , ti~~ I1101•t~,r.igoi•, in conside~•ation of the princip.~l sum specified iti the p~~missory note hereafter described~ re- ~•+~i~•ed fi~m OUTDOOR RESORTS OF AMERICA. INC.~ a corporation organizeci and existing under the Lawa c~i the St~te of Tennessee~ the Mortgagor, hereby on this~ day of ~L~ ~ , 19..~.~ n~ortgages to the ~Iortgagee the real property in St. Lucie County~ Florida~ described as: ~ ~ ~ _ I.ot No. ~7'_3~1___in that certain co~xiominium known as OU'fDOOR ~ ~ -~::=ry StampS RESORTS OF A~IERICA AT NETTL~S ISLAND, as showll by plat -~.~x~a ong~nat tpte 1'ecorded in the OIl'ice of the Circuit Court in and for St. Lucie County, , a~ Florida. in Pl~t $ook 1G, p~~ge I:lA thmu~?h 1J, p,, THIS IS A PUItCHASE 11iO1~EY 110ItT(:AGE - cecurit~• for the p~y~~e~~t of the promissoiy note of which the following is a copy: ~p ~ - Instollment No~e and Disclosure Statement ='Q ° ~ ~ ~71604.40 3t. Lucie County, Florida 192~. Fot• Value Received. I. H•e or either of us pi-~~mise to pay to the order of OUTDOOR RESORTS OF ~1 ~1 H:1:1('A. IhC.. P. O. Box 1116, Jensen Beach. Flor ida~ 33457. or any otl~er place as the holder hereof may ,i~•~i~.?n:~te in ~~ritin~,?~ the sum of~venty-six hundred~four & 40/100------~7,604.40~ Dollars~ ci~i~ ~um Lein~,• the Tot~-~l of Payments referred to in the Disclosure Statement Uelow. which includes a FINANCE ~'i(ARGE on the amount financed, payable irL 5~__ equal consecut~ monthly installments of 126 . 74 each, and the first installment to ~,ecome payable on th~day of , i~/~~, nnd one such installment to Uecome due and payable on the ~_~I~_day of each succeedin~? month ~~~~til the K•hole of ~.~id indebtedness (Total of Payments) is paid. In the event of prepayment in full by cash 1>~~iorc the tinal installment date, the unearned portion of the FINANCE CHARGE ahall be rebated under t h e Rule of ?8's. ~ In the event of default in the due and punctual payment of any installment on this Note for a period of ti~i?-ty (30) da~•s, or if any statement, representation or warranty in any application for the credit evidenced i>~• this Note is found to be untrue in any material respect, or in the event THE UNDERSIGNED, WITHOUT. TtIE PRIOR ~VRITTEN CONSENT OF THE HOLDER HEREOF, SNALL SELL, ENCUMBEft (EXCEPT ~ 'r (~R ANY i1tORTGAGE ~~'HICH lS SECURITY FOR THIS NOTE) OR OTHEftWISE DISPOSE OF OR EN- , ~'ti~IBER OR COM1~iIT ANY RREACH OF THE MORTGAGE OR PERMIT OR SUFFER ANY LIEN TO I:\IST ON THE REAL PROPERTY PURCHASED BY TNE UI~'DERSIGNED AND FINANCED THROUGH 'I'11E CItEDIT EVIDENCED BY THIS NOTE or in the event of the incompetency. insolvency (howsoever ' e~•idenceci) or~ Uankruptcy of anyone or more of the undersigned, then tt~e entire remaining indebtedne.ga then ; . ciue ~hall become immediately due and payable aL the option of the holder hereof without demand. presentment ' ~~r notice of any . kind. Any failure of holder to exercige said option shall not constitute a waiver of the right to exercise Lhe same at any other time. Time is of the essence of this Note. In the event any installment is not paid when due or within ten cia~•s thereafter, the holder may collect, and the undersigned agrees to pay a late charge on such installment in a?~ amount equat to 5'y of such installment or $5, whichever is 1ess, and in the event this Note is collected by ;a~.• or through an attorney at law or under advice thereof, the undersigned agrees to pay all costs of collection, i?~cluding reasonable attorney's feea and court costs to the extent permitted by Florida law. The undersigned and aII endorsers or other parties to this note jointly"and severally transfer, convey and r«si~:n to the Holder a suf~icient amount of such homestead or exemption ag may be allowed, includinR such f~~~mestead or exemption as may be set apart in bankruptcy, to pay thiti note in full, with all costs of coilection~ :~»ci do herebv direct any trustee in bankruptcy havinb possession of such home.stead or exemption to deliver to the Ho~der a sufficienE amount of property or money set ap:?rt as exempt to pay the indebtedne.gs evidenced h~~reL~~. or any renewal ~bereof, and do hereby, jointly and srverally. appoint the Holder the attorney in fact for ~ each of them, to claim a; and all homestead exemption~ allo~red i,y law. ; A first mortgage ior the security of the aforesaid indebteilt~css is retained by OUTDOOR ftESORTS OF A`iLItiCA. INC., on i.ot No~n that certain Cvndominium known aa OUTDOOR RESORTS AT NETfLES ' ISt,AN~~ und on any improve:nents, fixtures or after acqu:red property added thereon, as shown by plat re- ~ rc~rded in the Office of the Circuit Court in and for St. Lucie CouOty, Florida. in Plat Book 16, page 1:1A throu~h 1J. . ~^C!!214~ eac~ ~$s1 2 ;y~,. ~ ~ k _ 1 ~ . - - - - - - - _ ~ C ~ § ''~':az-~ x~.. - *-y ~ ~