HomeMy WebLinkAbout1043 ~ - 2s~ssz
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S:i(12'~}."~1~01'~ I11 l't)Il~l •1'~Lt1011 Of t}ll', jll'111CIj):t~ 1Ui11 Nj)CCl~il'll 171 1~11! ~11'IJiIUti~(11'J? 11(/tC hcrcafte~' (~CSCI'1f/C(~~ I'C-
,~~.~-~~i irui» OU'rll00R 1:~SOh'1'S OI~' A.l~I1~.IiICA~ I\C.~ a corporatiu~~ oi'~;iUil'LCt~ and existing under the Laws
~::ne State of Tenn~~see. the ~2ortga~or~ nereUy on thi._~~_ _cl:~y oi
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tbabes tq;he .llortgabee the re~l p~bpert~~ in St. Lucie Coiuity~ Florida~ descriLecl as:
~~o'~r.
Lot \'a~ _ in th~t cei•t:iin rocul~~nzinium ~:no~vn .?s OL"fD00R Q~,~~`~~,Q ~y~~•
I:ESORTS F A\II~.P.1GA A~r ~rri'LLS ISI.A\D. as shown by plat ~c
recorcied in the Oftice of the Circ~~it Cou?•L i» a~:d for St. Lucie County ~3?S 4E~"
"riorida~ in P1at 13ook lu~ pa~;e 1:1A thr~~u~;'r, 1J. >>'~"~.S
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'rIIIS IS A I'LiItCIIASI; ~IU\i~..' ~SOitTGAGL E~y~GJ,ss~~ ~ss~•
.:~.e.:irity foi•~the p~y ment af the pibn~issory notc of which t}zc lollowi~~~,r iK cop~~~,o~~at~o
~ lns~altmen_fi No~e ar.c~ ~isc-':~~:~:e ~~~:errrer~
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: 7?4 . 40 St . Luc ie County, Fiorida
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F~~r Vaiua Reccived, I~ ~~•e or cithcr of ?ss prum isc tu ;r.iy to the rder of OL'TDOOR RESOitTS OF
:::I:i('A. I~C., P. O. Bo~ 1116, Jei~sen Iicach. Flor id.?. 339~7, or any othcr j,lace as Lhe hold~r ncrcof may
~<:,_nace in ~~•ritin~,-, the sum ofEiehty-seveu hundred,sevent~r-Pour &40/140 8,774.~Op~liars.
..-~u;n bein~ the Total of Payments referred to in the 1)isciosure St~-~tement Uelow~ which includes a FINA~CE
ii~.r on the an~ount- fsulnced. payable ii~_ G.0 equal consecutive monthly installments of
_146.23 each. a:~d the first installment to becomc payai,le on the~_day of-~y~'~ ~
' and one seich installment to Uecome due and payable o~~ the__~~-day of each succeedin~ month
~ the ~tihole of ~.1id indebtedness (Total ~of Payments) is pr.id. Ii~ thc event of prepayment in full by cash
j ;,~,•e the iinai installmeiit date. the une.?rned portion of thc FI~A\C~ C~IARGE shaq be rebated under
~ .i11i~' UI i23~S.
, li~ thc c~•e~~L of def.~ult in the due and pu»ctual p.iyment of any instaliment on this Notc for a period of
(30) da_rs, or if any ~tatement. representation or ~~•arr:uity in any apj~lication fc,r the creciit evidenced
-:;~is \ote ic {p1Ui(~ t0 be untrue in Slly i111LC1'3.t: respect, or i» the event TIiC U~DI~.ItSIG~I~D, tiVIT1IOL"I'
PRIOR ~1'RITTE\' G01TSC\T O~' TIiE ~IOLDLP. 3II:ItI:OI~, SiiALL SI~.i.L, ENCU~7BEIt (EXCEPT
~ ~\Y ~IOR'CGAGE ~t'I1ICi~ 1S SF.CURITY I~OR TIiIS \OTI~.) 01t. OTIIERWIS~ UISPOS~ OF OR E\-
,~~-`,:F,Eit OR CO1f~IIT ANI' RREAC.H OI~ T~tE 1+IORTGAGI~: Olt I'I~.It1TIT OIt SUri~'~R AI~Y LII:ti TO
;~T 0\ T~iE REAL PROPLRT~' I'URCIIASLD BY TI1L U~I)L•'RSIG~Lll A\'D F1tiA~CED TFIROliGH .
CREDIT E~'IDE`'CED BY TH1S \OTE or in •the event of the incompetency, insolvency (howsoever
~~~~.,.~~::ced) or oankruptcy of anyone or more oi the undersibnecl, then Lhe entirc remaining inc3ebtedness then
.~nail become ;mmediately due and pay.~ble ~L the option of the holder hereof without dem~?nd, presentment
..~~tice of any kind. Any failure of ho?der to exercise said opiion shali not eonstitute a waiver of the right
rxercise the same at any other time.
~ T:me is of the essence of this ~'ote. In the e~~ent ~?ny i~;~i<<I~n~ent is not paid when due or within ten
; t'r~erea:ter. the holder may collect~ and the undersi~;ned r~~;?•ees to p~?y a late charge on such installment in
~~~:,o~r.t equal to 57~ o; such installment or $S, ~vhichever is less, and in the event this \'ote is collected by
or Lhrough an attorney at law or und~r advice thereof, the undersi~;ned agrees to pay all costs of collection,
~ :.:;,~,i;nh re~sonauie attorney's fees and court costs to the extez~t pcrm:tied by I~'loricla law.
~ The us~dersi~ned and all endorsers or other partie, to this z;ote jointiy and severally transfer, convey and
~ to ±he 3lolder a suflicient amount of such homeste.zd or exem~tion as may be allowed, includin~; scch
, ~~tead or exem~ tion as ma Ue set 1~art in i~ankru tcy, to this note in full. ~vith all casts of cullection
~ ~ a Y i P P~ ) ~
~ nereby direct any trustee in bankruptcy havin~; posses.ion of such homestead or exemption to deliver to
~ : iokier a suSicient amount of property or money set :?ir.u•~ us exempt to ~pay the indel~tedness evidenced
or an3 rei~e~~11 thereof~ and do hci•ci~y, joi~titly .uid :~crvc~•:+lly. :?ir~oHtit the Iloldcr the attorney in fact for
~ o: tt~em, to claim ar,? nnd all homestead exemj~tian~ :~ll~?~ved +,y 1:~H-. .
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~ A first iuortgage for the ~ity of the aforesaid indcti,tc~it:c~, is rct:~ined l,y OliTDOOR RES01tTS OF
~ .,'::~:;:iCA, I~TC., on Lot tio~LL~~~~!-4n that cert:?in Condominiuny known ~s OtiTD00R RLSORTS AT ti'ETTLES
- \ I~, ai~d o~i any improvements, fixtures or a;ter acc~uired property add~~d thcreon, as shown by plat re-
,.~~:~~,i iii the Ot3ice of the Circuit Court in and for St. Lucie.County, I?torida, in Plat Book 16, page 1:IA
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