HomeMy WebLinkAbout0223 ri. ~ r~/ ! V ~ , r
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FRIEDEL~_MALCOM &__LOU_ISE E. _
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li1t~Y1},~.lg~H'. 111 Cu1l~l:~Cr.?tion of the ~)1'111C1~).l~ Slltll a~)CC111C1~ 111 t}1P. plt?i'~:I.;~ut'\' I101C hereafter de.ct't~~(~. I'f3-
,~~ict~~i fn~m (1['TIlOOih RF.SORTS OF AriEk[C~, I~('., a corpor.iii~?n or~;.tui•r.ed and e~i~tin~ under the l.au•s
t h~~ ~t.?tt• ~~t~ T~~iine•,ce. the 1loi•tga~or. hereb~• o~i thi, _~+th da~• os Janua~ y. 1s7_3
rr:~,?•tt:?~<<~. t~? the ~Iurtg<<~;ee the real pr~~pei•t~• in St. Lucie Cuunt~•. F~oi•idx, c3esci•ibecl a~:
Lut ~TCi.~~ /.~~I i~t thut certain concluminium kn~~~~~•n a: Ot'TT)OOIt
RESnRTS OF A:11F.R1('A AT \ I~:T'f I.F.S lSI.~1\ I), .:h~,tti-n l?t• piat
recurded in the Oftice of the Circuit ('~~urt in an~l for St. I.urie C'ounty,
~'lorida, in Plat Rook 1G, pa~;e 1:IA thruugh 1J.
THIS 1S A PL'KCH:ISE ~l0`El' NORTI::~(.E
.1~ ~~~~•u?-it~• for thc~ ~~x~-n~ent of the pronzissory note of ~~•hich the full~?~~•in~,~ i, cupy:
Installment Note and Disclosure Statement
RECEIYED ~R ~ T~ S t i_Luc ie County , Florida
:10,~29~40 -
DI~ Q11 C(/lSS 'C tNTAMGIYlE PE*SO=i.41 t~OPlsC1Y.
- . ~ PuRSwnT To cr~~-~-- ~i-~~. +~~s ~ ~_,~.,n,~-qf January- 4th~, -
, ~ = K~~_. Pn1:~~~ _ _ 19?3-
7A
F~~<<F11ite'Recei~•ed, ICID~IS FaI~G1~4~t~~"bfata~"~i~ut~i'Sse tu pay to t6e order ~f OLTTDOOR RF.C(1RT~ nF
~l[~:I:I('A, 1\('., I'. O_ Kox 1116, Jensen Reach, Flor ida, 33457. or any ~ther place as the holder hereof may
..•~i~~n:,tt~ in ~~•ritin ~ the ~um of Ten Thousand _Five Twent~ Nine 40/100 _ i0 529 4
, - ~ ~ q Dollars.
~ r:i: .~~m l~c~in~,~ the Total of Pa~~ments referred to in the I~i.closure Statement below, ~vhich indudes a FINANCE
' ~ H.-1R(:E on the amount financed, payable in_ __-60~_ _._____~_equal con~ecuti~~e monthly installments~
: 175.49 __.each, and the first in~tallment to become pa~~abte on the~lst^~a3, og Ju~
.
~ 73 .,u~d one such in~taliment to become due and pa~•al~le on the_lst______da~• of each succeedin~ month
:r,til the ~~-hule ~f said indehtedness (Total of Payment,) is paid. In the e~ent of prepayment in full by ca.sh
~~•i~~r~~ the final in~tallment date, the unearned portion of the F'I\AI~TCE CHARGE shall be rehated under
~ h~• hule ~~f 78'~.
~ In the e~•ent ~~f default in the due and punctual pa~•ment of anS~ installment on this tiote for a period of
~ i~irt~• (30) days, or if an~• statement, representation or ~carrant~~ in am application for the credit evidenced
thi• :~nte i• found to be untrue in an~~ material respect, or in ±he e~•ent THE UNDF.RSIGNED, WITHOL'1'
~ "i'I~E PRIOR ~tRITTEti C'n\SE\'T OF THE HOLDER HEREOF, SNALI. SELL, Eti'CUMBER (EXCEPT
j 1~+?R A\1' MORTGAGE «'tiICI-I 1S SEC'L'RIT~' FOR THIS \'nTE) OR OTHF.R~~'ISE DISPOSE OF OR EN-
i ±~I'~IBER OR ('Oi1T~1IT A~l' RREACH nF THE `fORTGAGE OR I'ER~i[T OR SL'FFER ANY LIEN TO
! F•:.l"IST O~ THE RF.AL YROPERTY PLTRCHASED BY THE L'\DERSIGNED AND FINANCED THROUGH
= I'IiF. ('REDIT E~'IDEICEU B~' THIS ~OTE or in the e~~ent of the incompetency, insolvency (howsoever
3 «~~~iclenced) or bankruptcy of anyone or more of'•the under~i};ned, then the entire remaining indebtedness then
~ ~lue shall become immediateh due and pa~•aUle at the optio~i c,f the holder hereof «~ithout demand, presentment
~~i• notice of an~• kind. Any~ failure of holder to exercise .aid opti~n shall not constitute a~rai~er of the right
; exercise the same at any other time.
~
3
~ Time is of the es~ence of this ~ote. In the eeent an~• installment i. not paid crhen due or within ten
? ria~•s thereafter, the holder ma~• collect, and the under~i~,~ned <~krer~ t~~ pa~• a late char~;e on such installment in
' ;~~i am~unt equal to 5'- of such instaliment or ~shirhe~•er i:: les., an~i in the e~~ent this :V'ote is coliected by
; ;air or throu~?h an attorne,r• at la~t~ or under advice thereaf, the under~i~.~ned a~;rees to pa~~ a11 costs of caliection,
~nclu~iiny,* reasonable attorneS's fees and court costs tu the extent permitted h~• Florida la~ti~.
The undersignecl and all endorsers or other partie. t~ thi~ nvte joi~~tl~• .uut ~e~•erally transfer, convey and
; ,,~~i~,~n to the H~~I~ler a suflicient amount of such h~~me~tPa~l ur exemption a~ ma>• },e all~wed,_includinfi such
h~~mestead or eremption as may be set apart in hankruptc}-, to T~a~• thi~ n~~te in full, ~+•ith all costs of collection,
_ and d~ hereh~~ direct any trustee in bankruptcy ha~•ing po~se=•i~,n ~~f ,uch h~,me~teacl or exemption to deliver to
the Nc~lder a~ufficient amount of property or money ~et apart .is e~empt t~~ pa~• the indebtedness evidenced
= herei,~-, ,~r an~• rene.~al thereof, and do hereb~•, j~inti~ and s~~~~eraii}-. :tE~~~«int the H~~lder ihe atto~`ney in fact for
4 f'~{('~ uf them, t~? ciaim a?:~~ and ail homestead exemptic,n~ a11~~«-ed 1~~• 1atc. _
:
_ -~A first mort~*a~,?e for the sec~ity of the afoi•esaid indel,tc~clnE~~. i, retaine~l h~~ OC'TI~OR RESORTS OF
:~1iE~;K1('A, ItiC., nn I,ot :`'0.2~~_~n that certain Conduminium known aa OL"I'I)OOR RI~:SORTS AT tiETTLES
~ I~I.:~\I~, and on am• improvements, fixtures or after acquired pro~erty added thereon, as shown hy plat re-
_ r~~r~ied in the Ofl'ice of the Circuit ('oi~rt in and for St. Lucie ('~iunt~•, ~'l~~rida, in Plat Bouk 16, page 1:2A
thruu~,~h 1.1.
~ b00K ~~O P~CE 2Zt~
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