HomeMy WebLinkAbout2045 ° ~ ~ 268Q3'7
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;:,~~rt~.r:,~;or, in con:~ideraiion of the pri»ci~~:?1 sum ~i~ecif:e~i i~ti ti~e pi•umissory note here.ifter descrii~ed~ re-
ir~~m O~rTDOOh I:ESORTS OI~' A~IEIiICA. I\C., coz•,~o~:~t;u;; ory;an~ced v~d existin~; under the Laws
State of Tei:ne~see~ the ~Iort~;a~*or~ hereUy otz thi.__ S_ __day of- M~~~ ~ I9-~.
i~8~:t;5 t0 th~ .lIo?'t~!.~~;ce the i'Lil~ ~ll'Qj1C1'e)' lli ~t. LUC1C ~~U~iliLt. I`i01'ii~ii~ (iCJC17~C(~ ilS:
I.ot ~0.1~~~ . iii tn:~t rerU+i~; r~~n~l~~rnii~ii~m ;:no~~•n <<s OU'CDOOR
' rESORTS OF A~IF.RICA A'C \I:TI'I.I~.ti 1Si.r~\I)~ ,i~ sho~vn by plat
~ r~~corcied in ti~e Oftue ~f Lhe Circt:it Cc~;;r: .~~ui :or St. Lucie County.
I~ iorid~~ in Pl:it I~~wk 16. p:?~;~ ]:1~~ t}u•~~u,:h li. , c7
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" '1'IIIS 1S A PI;ItC;IAti;: 1:U\;::' \iOit'I'CA(:i:
.,<:~.•urity for tne paytll~ll~ Of t}1C pl'071115s01•y notc of hicn Lhc :~~ltu«:n~,~ iti copy : -
ins~allmen~ No~c ~ D:sc~~s~::e S~~.er~~nf -
~7,~.40 St. Lucie County, ,rlorida
5 MAfzc~ 1~73
"r~~r Valua F:~ccivzd, I, ~~•e or eiihcr o: u, pr,~:zii~~ to p:.y to the order of OliTU00R RESORTS OF
.,.:.;:;;i A, 1\C.~ 1'. O. I3ox 111G, Jen.eu 13cach, I~ lor ida. 334~7, or any ~thcr place as the holder hereof may
_;:;,;;e in ~~•r~tin~:. ihe sum o:Eigh~-seven hundred, seventy-Pour &40/140 8, 774. ~Opollars.
.`tiiii Ll'll1~? tne Tot.il of Payments referred to in the I)i.closure St.?temez~t betow. which includes a F1\A\iCE
,.:.':;~:~:IS on the amount financed. payaUle 1iL-_ GO equal consecutive monthly instaliments of
~r p
: 146 . 23 ~zC~, and the S'irst ir.stalln~ent to b~come p:iy:i+,lc on the I!-day of:_S?~~~~ ~
'E . 1 aJ__, 11i/~ one such instaliment to Uecome due and pzyai~le o;: tije____~day of eacn succeedin~ month ~
.;i;~ ~.hole of caid indebtedness (Total of Payments) is paid. I~i the event of prepayment in full by c~sh
i titi~ tina} in~ta~lme»t date. the un~arl:ed portion of t}~c F:\A\CE CIiARGE snatl }~e rebated under
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~ . .~lii~', Ot Ib~S.
; in ti~c event oi defauit i~i Lhe duc .u~ci ~~unccu.~l rayincitit ~?f :?ny i~isL:~lln~ent on t}~is ~otc for a j?eriod of
~ (.~0) ciay~. or if anv statement. rei~resent:~tio~i or ~~•arranty iil any application Fur the credit evi~;enced
~ \ote i~ fo.i~id to ue t~ntrue in an)~ mat~?:al respect, ~?r ii~ ti~a evcnt TIII: U\'DEItSIG~rn, WI'I'jTOL'T
~ :'RIOR «"RITTr\ CO\~SC\T OF ii~: IIOI.D1~,1: IiI~.I:1~.0I~', STIALI. SF.LL, ~~iCUdSBER (EXCEi''I'
~ . „:1\~' .I;ORTGAGE «'~iIC~i 1S SECUItIT~' FOP. TII1S \O'l'I:) OR nTiIL•'RWISE DISPOSF. OF Oit E\-
~ :,:;;I:it OR ('O~I~tIT Atil' RREAGIi OI~ TIiE IiORTGAGI~. OI: Pl,it,liCl' OIt S[irr~R A\Y LIF\ TO
~ O\ ~Hi: REAL Pi:OPI:RT1' PUIiCiiASI:D B1' TIII; [.i\j)Li~SIG~I:U A\D FI\A\C~U iFIROLGH .
~ Ci:ED;T LVIDE~CED B~' Tt~-IS ~OTE or in the event of the incompetency~ insolvency (howsoever
~ .:~~:;.eci) or bani:r::ptcy oi ai~yone or more of tha ur~c:er,;bnc:l, ~hen the entire rema~ning indebtedness then
=i~a~; oecome :n;n~ediately due and ~zyable at thc option oi thc hokien c~reof without demand~ presentment
~ ~..,,~;.:ce of Ally j(111(I. Any failure of hoider to exercise ~aid a, tion ,hall not constitute a waiver of the r;ght
, ~•xercise the same at any other timc.
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~ T:me is of Lhe essence of this \ote. in the event iiI1V :n:t:?lln~ent is not ~~aid _«•hen due or within ten _
~ .~~~;nereafter, the holder n;ay co;iect, and tne under;i~,rneci ..tiree~ to ,~ay a?ate char~;e on sucn :nsta:lment in
~ .,;;:o;~nt eq.~al to 5i~ of such installn;ent or ~~h:cherer :s le.:, an<i jn the event this ~ote is collected by
uI' throti~;n ~it1 aLtorney 1t ~a~V Ol' Ui'i(~tl' :1(~VICc? ifl@1'CO:, i}iC ii::Ui'1'~i~;I~C(~ abrees t0 pay ali costs of coilection,
~ ~.,;;n~: reasonab;e attorney's fees ar,d court costs to the extezit ;~ern}~t.ec: uy Florida law.
f.
: he under~i~ned and all endorsers or other par;.ie~ to thi, :~ote joii~tly ancl ~evei•ally trailsfer, com~ey and
_ ~o ti~e ~loider a sufficient amount of such homestead or exem~ition aa may be allowed. inciuuing such
~ ..,~:tead or e~emption as may be set :?i~art in b::~ik?'iipLCy, t~ p.?~~ i}~is nnte in full, ~vith all costw of cuiiection,
z` ,.i,~ herel~y direct any trustee in Uankruptcy haviti~,? po~ses::io~~ ~~f si:ci~ homesie:~d or eaemption to deiiver to
~
~ i ioi~ier a~ suflicient amount of rroperty or n:oney set .:;~:?rt exe:npt io ~pay the inuebtedness evicier~ced
ur anp rene~~al thereof, and do hereby. jointly :~nd tic~~cr::l:~~, a,?;~oi?it the Ilolder the attorney in :act ior
.
o: Li~em, to c;ain~ at:,? and all homesteac: exem;~tic?n. :?ll~?~~•ec. ~?y l:?w. ~
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~ A tirct nzor.~;age for the s curiLy of Lhe aforesaid izjci::Ltcc:::~~; is rc.:?i?icu i~y OliTDOOR RI:SOItTS OF
'..~;;:;CA, I~'C., oz~ Lot :~o.l~n that ccrir.~n Condon~i»ium ~:no~vn ~ OtiTU00R RI:SORTS AT tiETTLES
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ai;d on any iniprovernents, i'ixtures or after acc~uircd p+-op~rty add~~d Lhereor.. as snown oy p?ot re-
,..~,i i;; tne Otrce of the Circnit Court in and far St. Luc;c. County, I?lorida, in Plat Book I6, pase 1:IA
...,~,~::~;h 1J.
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