HomeMy WebLinkAbout1091 ~ - t~C3S~'~~G~ . ~ .261428
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'<il' Ill~~l't~~:l}(ql'~ 1Il CO?151(~CI'~1t1O11 ~f th~ ~):'llll'1O~i~ SllI11 ti~1CC1~?Cl~ I11 t}~C r%l'O:~:i-..°~!'V ii~)Zi !1~_':"~'~:?~c'i l~C'.?(')'!1:~'~i~ 1'C
~.~i~i~il :r,,m OI:'I'i10UR RI~:SUR'CS Ol~ A~IFT;IC:1, I\G.. a ror~~c~~!int~ nr,r'~:_:~~ r..i~c~xist~:e~! U::!~l-C tnr i.::~:s
elie St: te of T~~t~nessec, ihe ~Ioi•t~agoi•~ hei•eb~~ oii this_~~~d.~~• c~f__-_Q~~~~!~ 1J?~.
~-~~•t;~.i~~~~; iu the \TOi•t~ :~;ce the rcat property in St. Lucic Coutity, Flu!•icla, c~e~cri~e ~ xs: .,~~.5
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1.~?t \0._~23 __iu that certaiii condominium kiio~rn as OUTDOOR QQ°
r,r•.so~i'CS OF AliC1tIC.~ AT \ ET`l't.ES ISLA\D, as shu~4 n by p1At ~ ~~Q~SA~~E ~y
i-ecorcied iii *_tie Ofiice of the Circuit Coart in ~nd foi• St. Lucie Countv y~ ~~,Q~'~~S EJ"
1~ torid~~ in Ylat Book 16. page 1:1 A through 1 J, \v~0 ~a,S
' ~ ' •Y n10RTGAG~ ~~~~.1,~~~''
• 1IiIS IS A PURCH~IS~ ,liOrC 'C .4. st~
N~ J~ c~ v' ~t.
~ se.:urit~• for the payment of tiie promissory note of ~vhich the follo~ving is a cc~`pt~~ to
• ~ t? ~
lns~allmen~ No~e and D~sclosure Sfiaterrte~~ ~
c7 604.40 St, Lucie Count '
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Foi• Value Received, I. ~ve or cither of us prom ise to pay to the order of OUTDOOR 1tESOR't'S OF
:1',IF;~tICA. INC.. P. O. Box 1115, Jensen Beach, I'lor ida, 33457~ or any other place as the holder hereof may
~i,~;i~nate in ~~•riting, the sum of Seventv-s.~x hundred~_four & 40%100----~ 7,604.40~ Dollars,
thi, ~~im beinb the Total of Payments referred to in the Disclosure Statement belo~v~ ~vhich includes a FI~TANCE
C~~:1RGE on the amuunt financed, payable in_ 60 equal consecu±ive monthly i stallments of
c_ _ 126.7~+ each, and the first installment to become payable on th~~L^
day of
?'.1 and one ~uch insta;lment to become due and payable on the___~day of each succeeding month
..~,;til the ~vhole of said indebtcdness (Total of PaS~ments) is paid. In the event of prepay:nent in full by cash
!,~fore the final installment date, the unearned portion of tlze FINANCE CHARGE shall Le rebated under
~ e Rule uf 78's.
i
~ In the event Qf default in the due and punctual pa~•ment of any installment on this I~Tote for a period uf J
_:~:rt~• (30) days, or if any statement, representation or ~varranty in any application far the credit e~ider.ced
~ ~his I~Tote is found to be untrue in any material respect, or in the e~~ent THE UNDFRSIGlv'F.D, ~~JITFiOIJT
'~~"r~F. PRIOR ~t'RITTF.\T CONSENI' OF THE IiOLDEF. )iI~;REOF, S~iALL SLLL, E~•CU~B~R (EXCEPT
:'•`.)i: A~iY :1iORTGAGE ~VHIC~i 1S SF.CURITY FOR THIS NOTE) OR OTHERtii~'ISE DISPOSF. OF OR EN-
~:'~'~S~;FR .Olt COli1~'II'f A;VY BR~ACH OF THE i.IORTGAGL OR PF:l~ll'IIT Oit SUFFFR AR'Y LIEN TO
~::iE~I' O\' TIIE REAL PROPERTY PURC~HASED BY TIiE U\DERSIG~TED AND FINA\CED THROUGH
CiZI:DIT ~V1DE\CED BY THIS I~OTE or in the event of the incompetency, insolvency (hoti~:soerer
i~?er.ced) or Uankruptcy of anyone oi- snore of the. tmdersigned~ then the entire re:nain:ng indebtedness t~:t:n
~liall beconie immediately due as~d paya~le~ at ihe option of the holcler herecf ~:-ithout demand, present:r_ent
::otice of any kind. Aii~• failure of ho~der to exercise said option shall not constitute a~vaiver of the right
~ e::ercise the same at any other time.
Time is of the essence of this ~•ote. In the e~~ent any instaliment is nut paid when due or ~vitnin ten
ti thereafter, the holder may collect~ and the und~rsigned agrees to pay a late charge on such installment ir.~
~-~~ount equal to 5% of s;ich installment or ~cj~ichever is less, and in the event this \'ote is collected by
or t:nrou~h an attorney at lat~• ur under advice thereof. the undersigned agrees to pa3 all costs of collection,
?~:~i:~~~; I'G2SOI12h~C attorney's fees and court costs to the extent permitted by Flor:da law.
The undersi~,med and all endorsers or other parties to this note jointl:~ an~ se~erally tran~fer. convey and
~_~:~:+;n ta the Hold~~r 1 sufiicient amount of such homestead or exemption as may i~e allowe~l, including such
~ ~~n~~stead or e::emption 1s may he set a~,art in baz~kruptcy, to Pay this note in full, ~vith ail costs of collection,
~ i c~~ heret,~• direct any trustee iii bankruptcy ha~ind possession of such homestead or e~emption to deli~er to
Hulc:el• a sufl':: ient amount of ~roperty oi• mone}• set apart as exempt to pay the indebtedness evidenced
~ :.~•r.,::_:, ar an;• rer?~+•al thereof, and do hereb3, jointly and se~•er:~lly, apuoint the Holde: the attorney in fact for
~ ~`t of t~.cz~, t:, claini ar~~ ancl all homestead exemptians a][o~~•ed l~y la~v.
a :1 first m~,rt ~:i~,?e foi• the security of the af~~resaid indebtedz~rss is i-etair.ed b~- OUTDOOR RESOP.TS OF
'•.:.iERiCI~, 1tiG., on T,ot Na.. 7 in th~t certain Contlominium known as UliTDG~R I:~;SORTS AT NET'I'LES
~ ?.:~\ll, atid un an~ improvements, fixtures or after acquired Prnaert~ ad~~?d ~t:er~~~i, as sho~rri Uy plat re-
~ie~i in the f)~ice of t1i~ Circuit C~~ut•t in and for St. Lucie Count~•, Floric:a, in Piut Book ]G~ pay;e 1:1A
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