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Home My WebLink About2193 ~ - - - - ~ ~ ~ u 3O~1.it rteeen~ IN PAYMEM OF TAXE1 Dt~ ON CIASt "C' INTN161l1E ?E4S0!! Y ~RO~'E6I1 ~ M O R T G A G E~~ ~ oF ~5;~. ~~it~ ~ ~C~a~e1'f ~ S~-- -r~.Q~~_- _ ~I----~ Th~~ m~n•t},~ugnr, in consideration of the prirfFipal sum specified in the promissor~• note hereafter~' clescriLed. re- ~~•i~-~~d fr~~m OUTI~OOR RF.SORTS OF AMERICA. INC., a corpor3tion organized and existing under the Law•s i t h~r St:ite of Tenne,see. the Mortgagor, hereby on this_ ¢ iay of-_!'~~~~_ _ 19~~ , n~~~rt~,~a~,?e. to the Mortgagee the real property in St. Lucie County, Florida, described as• ~SU S'O/- O 7~f~ - QOb O Lot No.~_~~_~_ iu that certain condominium knu~sn ~is OU OR RESORTS OF AMF.RICA AT NETTL.F.S ISI.AND, xs shown Uy plat recorded in the Oflice of the Circuit ('ourt in and for St. Lucie County, ~ Floricla, in Plat Book 16, page 1:1A through 1J. THIS IS A PURI'HASE 1110NEY 110RT(:At:~ :erurit~• for the payment of the promissory note of ~~hich the follo«~ing is a cupy: f Installment Note end Disclosure Statement :/o}_ 3aa. ca1 _ _~i~~.~v G~'~' k~. Florida -t~~.~~~+%Y-~ - is~~ F~u• ~'alue Recei~•ed, I, ~~•e or either of us pr~,m ise to pay to the order of OUTDOOR RESORTS OF ~if~:hl('A, INC., P. O. Box 1116, Jense Beach, Fl r ida, 33457. or any other ptace as he holder hereof may a~ - ~':~•,i~nate in ~~•ritin~?, the sum of o~~ - -r~°/?' - ~ -1~~d1 Dollars, ~i,is ~um ~eing the Total of Payments referred to in the i)isclosure Statement Lelow, which includes a FINANCE ~~f1:1RGF. on the amount financed. payable in-_____/__~t___ equal consecutive monthly installments of ~ ~ ~ ~ ~i~~. -each, and the first installment to become payaLle on the l'~ day of-~ ~ 1 f? 7J , and one such installment to become due and payable on the_._ day of each succeeding month ~ ~ ;.f~til the ~shole of said indebtedness (Total of Payments) is paid. Tn the event of prepayment in full by ca.sh t~~~f~~re the finai installment date, the unearned portion of the FII~'ANCE CHARGE shall be rebated under - ih~~ hule ~,f 78's. ! In the e~•ent of default in the due and punctual payment of any installment on this Note for a period of ~ t~~i~•ty (30) days, or if any statement, representation or warranty in any application for the credit evidenced ~ this I~`ote is found to be untrue in an~~ material respect, or in the event THE UNDERSIGNED~ WITHOUT E ~rtlE PRIOR t~t~RITTEN CONSEVT OF THE HOLDER HERF.OF, SHALL SELL, ENCUMBER (EXCEPT ~ F'c~H ANY MORTGAGE WHICH 1S SECURITY FOR TH1S I~TOTF.) OR OTHER~VISE DISPOSE OF OR EN- r ; t~L'~iBER OR COMMIT ANY RR~ACH OF THE MORTGAGE OR PERMIT OR SUFFER ANY LIEN TO ~ I~..l'IST ON THE REAL PROPERTY PURC'HASED BY THE UI~'DERSIGNED AND FINANCED THROUGH ~ '1'IIE CRF.DIT EVIDENCED BY THIS NOTE or in the erent of the incompetency. insolvency (howsoever ~ <~~~idencecl) or bankruptcy of anyone or~ more of the undersigned, then the entire remaining indebtedness then ~lue shall become immediately due and payable at the option of the holder hereof w~ithout demand, presentment ~ -~r notice 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 of this Note. In the event an~~ installment is not paid when due or within ten # : ~la}~s thereafter, the holder may collect, and the undersi~;ned ~igree. to pay a late charge on such installment in ~ ~ ;tn amount equal to 5~~ of such instaliment or $5, whiche~•er is less, and in the event this Note is collected by f ~ :~~is or through an attorney at 1aw or under advice thereof, tne undersi~,?ned agrees to pa~~ all costs of collection, ~ inciuding reasonable attorney's fees and court costs to the extent permitted by Florida lan•. ; ~ The undersigned and aU -endorsers or other parties to this note jointly and severall~ transfer, convey and S ~ a~~i~,~n to the Holder a sufficient amount of such homestead or exemption as may be allowed, including such F ; i~~~mestead or exemption as may be set apart in l,ankruptc~•, to pay thi~ note in full, ~sith all costs of collection, ~ and do hereby direct any trustee in bankruptcy having posse~sion nf such home1tead or exemption to deliver to ~ the Holder a sufficient amount of property or money set apart as exempt to pay the indebtedness evidenced ~ hereby, or any renewal thereof, and do hereby, jointly and se~•erall~~, appoint the Iiolder the attorney in fact for t~.~ch of them, to claim a~ and all homestead exemption~ alio~sed h~• lan•. ~ ~ A first m~rtgage for the security of the afore~aid indebtedne,• is retained b~• OUTDOOR RESORTS OF ~ :1~IER1('A, INC., on Lot No.~~~i~ that certain Condc,minium known aa OUTnOOR RESORTS AT NETTLES ~ ItiI.A~n. and on any improvements. fixtures or after acquired property added thereon, as shown by plat re- ~ ~ ~~~rded in the Office of the Circuit Court in and for St. Lucie ('ounty, Florida, in Plat Book 16, page 1:1A ~ throufih 1J. s~.~ ~ BDOK ~:c10 P.~Gf ~1~ f'~~~+,~i, ~ ~ . _ K ~ ~ ~ r ~ ~