The URL can be used to link to this page

Home My WebLink About2640 - - - - . ; ` ~ ? ~ v % 3Q~~%~9 . - ~ : iN ~Exr oF Y~xs . • . -nue oN a~?ss ~c iMr~ns~e~ ~u~u ~ ~a M O R T G A G E +~~T TO C~PTER ll.~.. 19,1.`,,~ ; ROGEit .Op~A~ --1`~1_~!e_~.._ •~A G- ~ S~•v c,~.E~c ci~cwT a;u.~r, sr. i..:~E oo., Fu i tht~ mort~,~ii},~OC, in consideration of the principa~ ~s ecified in the ~ ~~~~i~'~'ci f~'c~ni QL'TnOOR RESORTS OF AMERICa INC., a co ~romi~sor~• note • hereafter descrit~ed, r~- . rporation organizeci xnd existing under the Laws ~~f the State of Tennessee~ the Mortgagor, hereUy on this_._?c___day of Ua~__ , lg~ m~~rt~,~.~~,•e. to the hiortgagee the real property in St. Lucie Count~, Florida, de.tcribec! a~ ' ~ t *T ~,~7 oa - ~ D/ - /os3 - ooo~~ ~ L~t 1r0.~(~_(~~ 111 ty1Af ('Pl'tAllt I`f))1!~lrininll~nt ~rni~~vn .~o lIiTTTYIl~i~ i- ~_F.~QR'I•.g n~ aM~gr~•e em ~ ! NTy. ~M`i.u?`'i ivi..n*: v, vitJ 1}IVii%t! I,y ~;tii i recorded in the Oftice of the Gircuit Court in and for St. Lucie County, Florida, in Plat Book 16~ page 1:1A through 1J. THIS IS A PURCHASE i110NE1' ~IORT(:A(:E se~•urit~• for the payment of the promissory note of which the following is a copy: Installment Note and Disclosure Statement ;/o o'7~yo u • 7'`. L u c~P C ~ S - ~ o v~ .Y , Florida ~ vd ~ 192,s F~~r ~'alue Recei~~ed, I, ~~•e or either of us prum ise to pay to the order of OUTDOOR RESORTS OF :1~ff~;Rl('A, INC.. P. O. Box 1116, Jensen Beach, Flor ida, 3345?~ or any other place as the holder hereof may ~?~~:i~,rnate in ~~•reting, the sum of Te.~ r~io~ ~a~yd_ 5~~~~iy t~C ~N/N E¢`7~0 o p jo, o~ y9. Yd? Dollars, !hi~ .!im Uein~,• the Total of Payments referred to in the Disclosure Statement below. which includes a FINANCE !~IiAR(.E on the amount financed. payable in ~ equal consecutive manthly instaUments of • 16 ~_each, and the first installment to become payable on the ~ s t_day of_~-~,5~ ~ ~ ~ 1 ~ T~ and one such installment to become due and payable on the__1 S T day of each succeeding month ~ ~ ~,ntil the ~ti•hole of said indebtedness (Total of Payments) is paid. In the even t o f prepaymen t in fu ll by cash ~ ~ ~~«•i~~re the final installment date, the unearned portion of the FINA;~'CE CHARGE shall be rebated under ~ ' th~ Riile of 78's. 3 ~ ; ; In the e~ent of default in the due and punctual payment of any installment on this Note for a perio~ of ; ` ~i~i?•ty (30) days. or if any statement. representation or warrant}• in any application for the credit evidenced t ; this Note is found to be untrue in any material respect, or in the event THE UNDEftSIGNED~ WITHOUT ` TEiE PRIOR WRITTEIv' CONSENT OF THE HOLDER HEREOF. , ~ ~ SHALL SELL ENCUMBER (EXCEPT ~ I-'c~R ANY MORTGAGE WHICH 15 SEGURITY FOA THIS YOTE) OR OTHERWISE DISPOSE OF OR EN- ; ~'L'MBER OR COMMIT ANY RREACH OF THE MORTGAGE OR PERMIT OR SUFFER ANY LIEN TO ~ ~ F~:tiIST ON THE REAL PROPERTY PURCHASED BY THE UNDERSIGNED AND FINANCED THROUGH ° `I'fIE CREDIT EVIDENCED BY THIS NOTE or in the event of the incom tenc insolvenc ~ g ~ c~~~icienced) or bankruptcy of anyone or more of the undersigned, then the entire remainin indebtedn s4 then ` ~lue shall become immeciiately due and payable at the option of the holder hereof without demand, presentment : ~ r~otice of any kind. Any failure of holder to exercise said option shall not constitute a waiver of the right = ~ t~~ exercise the same at any other time.. _ _ ; Time is of the essence nf this Note. In the e~~ent any installment is not paid when due or within ten _ ~;a~•s thereafter, the holder may collect, and the undersigned agrees to pa~~ a late charge on such installment in ` a~i amount equa) to 5~', of such installment or $5, whiche~~er is le>s, and in the event this Note is collected by ~ l~i«~ or through an attorney at law• or under advice thereof, the undersi~ned agrees to pay all costs of collection, ~ includinK rea.sonable attorney's fees and court costs to the extent permitted bp Florida law. t - " The undersigned and all endorsers or other parties to this note jointly and severally transfer, convey and ~t;~ign to the Holder a suHicient amount of such homestead or exemption as may t~e allowed, including such hr~mestead or exemption as may be set apart in bankruptcy, to pay this note in full, with all costs-of collection, and do hereby direct any trustee in bankruptcy having possession of such homestead or exemption to deliver to the Holder a sufficient amount of property or money set apart as erempt to pay the indebtedness evidenced . _ hereby, or any renewal thereof, and do hereby, jointly and se~•erally, appoint the Holder the attorn,ey in fact for - each of them, to claim a~:~~ and all homestead exemptions allu~~•ed by la~s. ~ ~ A first mortgage for the security of the aforesaid indebteclnes, is retained by OUTI)OOR RESORTS OF . :~1iERICA, INC., on Lot I`To._8~in that certain Condominium known aa OU'I'DOOR RESORTS AT NETTLES 4 1`I.A:~ I), and on any improvements, fixtures or after ac uired ~ _ q property added thereon, aQ shown by plat re- ~ 4 r~~rded in the Office of the Circuit Court in and for St. Lucie County, Florida, in Plst Book 16, page 1:1A ~ { ihruugh 1J. : eoaK237 ~acE263$ ~ ~ ~ , _ _ _ ~ ~ - ~ - ~k' f ~1 ~ ~ ~~z ' ~ ~ ~'~~*~'u~..,~cn~~~.~~s.'~s-k~-`F._ , . _ _