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Home My WebLink About0709 . `I, - ~,Y ~ ~~c ~ ~.~~rN'/~~~ ~t l~ _ 2~5392 M O ~ T ~ A G F .Ji~ ~ ~ s.,-, c. ~ : ~ ~ t~' i"~ /.3~lc.' ~r1~c~,~~ ~I"TT~= C~ ~ ~ 5~~~ . ~~::~t•~,;~Xor, in cunsic~eration of the principal ~um speci~ied in ti~e prumissury note hereafter clescrib~i, r~- «i fr~~Ri Oi;TD00R RE~ORTS OF A~iERICA, I\C., a corporation arRanized and existing under the Laws ~ : ~ht ~rate of 'I'en~ies~ee, thz ~Iortgagor~ hereby on ihi~__ ~ ~ ~~c~ ~l• of 19_~~ - . r~ ,t•t~~~:;e~; t~? the ~Iort~agee the real property in St. Lucie C.+unty.. Fl~rida. describeci as: ~ I.ot \o. ~in that certain condominium kno~tin as OUTDOOR RESORTS OF a\IERIC~ ~T \ETTI.ES ISLa~D, a~ •hown by plat ~ recordeci in the Offiice of the Circuit ('ourt in and fnr St. Lucie Count3, Florida, in Plat Book 16, page 1:1 a through 1J. ~_`,,~e;,t,,.; ;,,~as . • THIS 1S A PGRCH~SE ~10\EY ~IORTGAGE a>>~~ea ~~~:.~~'i ~ec~~ritr for the payment of the promissory note of ~ti•hich the follo~r•in~ is a copy: ana C2nCelled lnstailment No~e and Disciosure St~atem~ent . 6 224 .00 SC . Lucie County ~~Florida , l = ~ ~ ~ ~ ~ I9~ Fnr E'alue Recei~~ed. I. He or either of us promise to pay to the rder of OUTDOOR RESORTS OF :1'~.!ERICA. ItiC.. P. O. Box 1116, Jensen Beach, Flor ida, 33457, c~r any other place as the holder hereof may Sixteen thousand two hund ed twenCy- 16 ,::~:i~nate in nriting, the sum of _fa~~~ ( ~ 224 •Oq Dollars. i; st:m b~ing the Total of Payments referred to in the Di~closure Statement below~ which includes a FINA:vCE !,~FI:~RGE on the amount financed. payable in-------~96---~-- equal consecuti e~onthly installments of :169 .00------- ~f C TG ~'r/~, each, and the first installment to become payable on the~day of , ~ t ~_~J, and one such installment to become due and payable on the ~ 5 T day of each succeeding month ; ~:=:til the ~rhole of said indebtedness (Total of Payments) is paid_ In the event of prepayment in full by c2sh ~ ';:t~fc~re the fina} installment date, the unearned portion of the FItiaNCE CHARGE shall be rebated under _ ; Rule of i8's. s ~ In the event of default in the due and punctual payment of any installment on this Note for a period of ' ~~~ir-iy (30) days. or if any statement, representation or ~r•arranty in any application for the credit evidenced ~ this :`'ote is found to be untrue in an3• material respect, or in the event THE UNDERSIGi~IED~ SVITHOUT ; "I"r{E PRIOR ~VRITTEN CO\'SENT OF THE HOLDER HEREOF, SHALL SELL. ENCUMBER (EXCEPT ~ ~ tlR ANY MORTGAGE WHICH 1S SECURtTY FOR THIS ~'OTE) OR OTHERVYISE DISPOSE OF OR EN- ~ ~'t"tiiBER OR C0:1i1~1IT ANY BREACH OF THE ~10RTGAGE OR PERDiIT OR SUFFER ANY LIE~T TO ~ r:tIST 0:4 THE REAL PROPERTY PURCHASED BY THE UNDERSIGhED Al~`D FINAI`TCED THROUGH ~ "I'FIF. CREDIT EVIDE;\'CED BY THIS NOTE or in the event of the incompetency, insolvency (howsoever ~ ~~-idenced) or bankruptcy of anyone or more of the unders;gned, then the entire remaining indebtedness ther. ~ ~'.~ze shail become immediately due and payable at the opti~n of the holder hereof without demand, presentment ~ ~~r r~otice of any kind. Any failure of holder to exercise said option shall not constitute a~vaiver of the right ~ to esercise the same at any other time. ~ Time is of the essence of this Note. Ir. the event any installment is not paid when due or within ten ~ h; days thereafter, the holder may collect, and the undersigned agrees to pay a late r,harge on such instaliment in ~ ~ an amount equal to 5~ of such installment or $5, whicheLer is less, and in the event this Note is col~ected by ~ ' law or through an attorney at law or under advice thereof~ the undersigned agrees to pay all costs of collection, including reasonable attorney's fees and court co~ts to the extent permitted by Florida law. s ''a The undersigned and all endorsers or other parties to this note jointl~ and severally transfer, convey and a.sign to the Holder a sufficient amount of such homestead or exemption as may be allowed. including such ~ homestead or exemption as may be set apart in bankruptcy, to pay this note in full, with all costs of collection, ' and do hereby direct any trustee in bankruptcy having po~session of such homestead or exemption to deli~•er to a the Holder a sufficient amount of property or money set apart as exempt to pay the indebtedness evidenced J~ hereby, or any renewal thereof, and do hereby. jointly and se~•erally, appoint the Holder the attorney in fact for er:ch of them, to clairi1 ar~~ and all homestead exemptions allo~sed by law. a~~ A first mortgag~e for the secu ' y of the aforesaid indebtedness is retained by OUTDOOR RESORTS OF ~ :~1iERICA, INC., on Iyot I`'o.~~hat certain Condom:nium known as OUTDOOR RESORTS AT NETTLES I~I,AND and on an im rovements, fixtures or after ac uired ro ert added thereon as shewn b lat re- . 3 P q P P Y . Y P c~~rded in the Office of the Circuit Court in and for St. Lucie County, Florida~ in Plat Book 16, page 1:1A ~r ~ ; through 1J. 7 -~3 ~n~7 ~ 224 Fn~E ~1:~ ~~,r ~j K „ _ - ~ ~ y~.,~ . „ ~ _ " 4'^,'"a~"i '~~~"y`~. ~`sr ~ a r ' .~,T, y, „t'~`'•-,°~e. ~ ^ ; i . `Z`,z~ _ = . -z