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Home My WebLink About0231 Iv~? C~ R~' G~ G E 26~;'7~7b , ~ 1~~ ' ~ _ ~ S /~A~~ ~ ~ ~ ~~zo i ~ : ~.~_ZS. ; i~~• murt~;a~,•or, in con~~deratio:2 of the principal sum specified in the promissor~ n~~:e hereafter ~e-crii,ed, ~•c-- ,.•t~ired irom OL'TllUOR RESORTS OF A11iER1GA, I\C., a"corporaiion organi ed anc~ existin„ u.~cic~r the La~rs 1 ~_~da.• of --~~~rl~~ ~.i the State of Te~inessee. the rlort~agor. hereby oii :hi~__ ''`•'--7'3 rl~~~:-t~.•a~,•e. tu the llort~agee the real pert~• in St. Lucie Cour.:y, Florid• escribed as: Lot ~'o.~ "~in that certain conduminium kno~n•n as OUTllOOR RESUiZTS OF A~iERICA Ai '_~ETTLES ISLAND, as shown by plat recorded in the Oftice of the Circuit Court in and for St. Lucie County, Florida, in Plat Book l6, page 1:1A throu~h 1J. THIS IS A PURCHASE 11iOl~EY 1110RTGAGE securitt• for the pa~•ment of the promissory note of v~-hich the follo~ing is a copy: f nstal[ment No~e ond Disclosure Statement ~ 7, 279 .20 St . Lucie County , Fia; ida " _ ' _ L_ Ig 7 ~ For Value Received, I, w•e or either of us promise to pay he order of OUTDOOR RESORTS OF r~:EHIC~. I?~C.. P. O. Box 1116, Jensen Beach. Flor ida, 33457, or any other place as the holder hereof may Seven thousand two hundre~ eventy- ~ 279 . 2 ,ir:i~:nate in ticr;~::;b, the sum of g Dollars, ti~is sum Ueinfi the Total of Payments referred to in the Discl~sure Statement below, which includes a F1NAI`TCE k t~HARGE on the amount financed, pa~•able in =------60-----'-equal consecutive monthly installme;.L~ ~ c_121.32------ each. and the first instaUment to become pa~~able on th ~ dag of ~~~^G ~F~ c z and one such installment to become due and pay able on the ~ S aay of each succeeding month s ~:r:;il ihe ~hole of szid indebtedness (Total of Pa~-ments) is paid. In the event of prepayment in full bf cas~ ~ ~~r-;~~re the final installment date. the unearned portion of the FINAI~TCE CHARGE shall be reb2ted under ~ the Y.ule of i3's. _ ~ ~ . ~ In the e.•ent of default in the due and punctual pa~•ment of anv installment on this I3ote for a period of ~ ~t~;rty (30) daSs, or if any statement, representation or K~arrant3• in any application for the credit ecidenced ~ this Aote is found to be untrue in ar,~~ material respect, or in the event THE LTNDEftSIGNED, V4'ITHOLT'I' ~I'HF PRIOR «'RITTE~i COrSEI~T OF THE HOLDER HEREOF, SHALL SELL, ENCUMBER (E~iCEPT ~ ~-'7j: A:~1' DiORTGAGE Vl'HICH 1S SECUP.ITY FOR THIS NOTE) OR OTHERWISE DISPOSE OF OR E?~- ~ ~'L':~7BER OR -COAirZIT AI~Y KREACH OF THE 1?iORTGAGE OR PERMIT OR SUFFER ANY LIEI~T TO ~ L~IST O~' TAE REAL PROPERTY PURCHASED BY THE U:~DERSIGNED AND FINANCED T~IROUGH ~I'i~E CREDIT E~'IDE:~CED BY THIS NOTE or in the event of the incompetency~ insolvency (howsoever ~ ~:~-;deticed) or bankrupf,c~ of anS•oiie or more of the undersigned, then the entire remaining indebtedness t?nen ~ ~;ue ~hsll become imme~]iately due and pa~•able at the option of the holcier-hereof a~thout demand, presentment ~ or notice of anr kind. Any failure of holder to exercise said option shall not constitute a Ksiver of the rigrt ~ t~~ ->xercise the same at any other time. y;; Time is of the es•ence of this ?~ote. In the e~•ent an~~ installment is not paid v~hen due or vrithin ~en +ia~•s thereafter, the holder may collect, and the undersigned agrees to pay a late charge on such installmen~ in <~n amount equal to 5`,~ of such installment or S5, K•hicherer is less, and in the e~ent this Note is coliectea b} t~w or through an attorney at laa or under advice thereof. the undersigned agrees to pay all costs of collection, including reasonable attorney's fees and court costs to the extent permitted b3~ Florida law. n~ The undersigned and all endorsers or other parties to this note jointly and se~erally transfer, conve~ and a~•ifin to the Holder a sufficient amount of• such homestead or exemption as may be allow•ed, including such ~ n~mestead or exemption as may be set apart in bankruptc~•, to pay this note in full, v~•ith all costs of coliectior., ~F~' nnd do hereb~ direct any trustee in banl:ruptc~ ha~•ing possession of such homestead or exemption to oe3iver L~ the Holder a sufficient amount of propert~• or money cet apart as exempt to pav the indebtednes~ evidEnced Y,~ hereby. or an~- rene~al thereof, and do hereby, jointly and se~-eralig, appoint the Holder the attorne~ in fact for ~Y.; each of them, to claim ai:~~ and all homestead exemptions alloK•ed b~~ law. ~a A first mort~:age for the secu i~r of the aforesaid indebtedness is retained ay OUTDOOR RESOP?TS OF - ~1EP.ICA. I\C.. on I,ot ?~o.~~> >n that certain Con3ominium known as OLTDOOR ftESOP.'j'S AT .'~E'ITLES p;>;: _ I SLA\ L', and on any improvements, fixtures or after acquired propert3~ added Lher~n, as shown b~~ ~12L re- ~~rded in the i)+nce of the Circuit Court in and far St. Lucie Count~•, Florida, in Plst Book 16, p~~e 1:1 a thrnu~~h ~.T 0 R 220 VAGc i' - 80QIC 7 -f,~ ~ ~ ~