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Home My WebLink About0430 r 1 . 1 1 . i • i ~ ._~._...~_...--~~-_----_.--.r...._~.~.._._---__~.._._.,._.~..~-'--'.."--_._..___~.___..______"'-- - .~_,...,..._T . --w q-~ - , . I~ . M O R T G A G E 328i~5 - ~ ~ ~ . ~ . ~ ?~nA ~aQ ~ ~i~A/~; m~~ f1 r.~J1~'_ i ~ in the pmm saory note heres~;er d bed, ra ;t~e mort~agor~ in ~considerat~on of the principal s~~ ~~a ~~on organized aad•existiri~ und~the I,a~irs ! ~~eirec~ from t~UTDQOR AESORT3 OF AMF - „t` ihe State of Tennessee. the Mortgagor, hereby on this~~~dsY of 19Z--~ murtgages to th~ Mortgagee the real property in St. Lucie County, Fforida, descri ' . Lot No ~ in t}iat Gertain condominium known as OL1TD008 . . RE~ORTS OF AMERICA AT NE~TTI.ES ISLAND. as shown • by plat ~ recorded in the Ofl9ce of the Cireuit Court in and for St. Lucie Counts. - Florida, in Plat Book 16. page 1:1A th'rough 11: . . ~ ~5n~ - 50l_-03a3- ~ I THIS IS A PDRCAA3S MONEY MORTGAGE a, serurity for the payment of the promissory note of which the following is a oopy: 1nst~liment Note and Di~~lostrre Statemenf - ~ IN sr~`~~~* ~ s, ~ ~ .::a S , - . . _..r ~ ~LUC/~ F'lorida ~ ~a~~ • o ~~..;r~~.~. . ~ _ m cw~*~~ z~-i~~. i~,,. tp1iMS ~ ~~~sLWaE10.RA . ~ 19 F~r Value Aeceived~ I, we or either of us promise to pay to the order of OUfDOOR~ RESOftT3 OF ~SERIt'A, INC., P. O. Box 1216, densen Beach. Flor ida. 33457. or any other place as ~ holder hereof may ;!~~~i~nate in writing. the sum of ~/,/Q~°~ ~eus~vd ~uo~iun~/~sL~s~~~i~~_~~~.~q Dollars, ± t t;;s sum being the Total of Payments referred to in the Disclosure Statement below, which includes a FINANCE ~ li~11t(.E on the amouat financed, payable in ~ ~ O equai consecdtive monthly instaliments of ___a~~ each, and the first installment to become payable on the ~aY of • , ~~I~_ , and one such insts!lment to become due and payable on thp day of ea~ch succeeding month h event of re ent in full by cash ! ;~ntil the whole of said indebtedness (Total of Paytnents) is pa~d. In t e p paYm E s~f>fure the final installment date, the unesrned portion of the FINANCE CHAftGE ahaU .be rebated under ~ the F«le of ?8's. ~ In the event of default in the due and punctual payment of aTMy instaUment on this Note-fof ~-period of ~l~irty (30) days, or~if any st$tement, representation or warrantq in ar~y application for the credit evidenced , t,~• this Note is ~found to be untrue -in any material respect, or in the event THE UNDEASIGNED. WITHOt)T THE PRIOR WRITTEN CONSENT OF THE HOLDER HEREOF. SHALL SELL, ENCUMBER (EXCEPT . FOR ANY MORTGAGE WHICH 1S SECURITY FOIt THIS NO'~E) OR OTHERWISE DI3POSE OF OR EN- ('UMBER OB COMMIT ANY AREACH ~F THE MORTGAGE OR PEAMIT OR SUFFER ANY LIEN ~TO I:XIST ON THE BEAL PROPERTY PURCHASED--BY THE UNDERSIGNED AND FINANCED THROUGH NF. CREDIT EVIDENCED BY THIS NOTE or in the event , of the incompetency~ insolvency (howsoever - evidencecl) or bankruptcy of anyone or more of the undersigned, then the entire remaining indebtedness then clue shaDl become immesliately due and payable at the option of the holder hereof without demand~ presentment nr notice of an~? kind. Any failure of holder to exereise said option shall not conatitute a waiver of the right ~ ~ to exercise the .:ame at any other time. ~ Time is of the essenee of this Note. In the event any instaliment is not paid when due or within ten ;iays thereafter, the holder may coAect, and the undersigned agrees to pay s late ~charge on suc~i installment in ~ an amount equa! tc~ 5~~ of suc~i ins~allrnent or $5, whichever is less, and in the event this Note is oollected by ~ law or ihro~gh an attorney at law or under advice thereof, the undersigt?ed agrees to pay sU co'sts of coUection,,t, ~ including reasor_able attomey's fees and court costa to the extent permitted by Florida law. ~ The ~mdersigned and r~ endorsers or other parties to this note jointly and se~erally tranefer, convey and~ :~ssi~~: to the Nolder a sufficient amount of such homestead or exemption aa may be allowed. including such~` h~mestead oi- exemption as may be set apart in bankruptcy. to pay this note in full, with ~11 c~a of collection.~ and do hereby direct-aqy trustee in bankruptcy having.possession of such homestead or exempti~ to deliver tos"St the Hoider a sufficient amount of property ~r money set apart a~ ezempt to pay the in~ehted~?ess evidenced~ hereb~•, or any renewal thereof~ and do hereby, jointly and severally, appoint the Holder the attorney in. fact for ~ . . each of them, to claim any and all homestead exemptions allowed by iaw. - 4 A first m~rtgage for the secy~ity of the afore.gaid indebtedness is retainEd by OiJ'fDOOB RESORTS O a:?i~:RICA, INC., on Lot Nal~~~n that ~certain Condominium known as OUTDOOR RESORTS AT NE'ITLES ISI.AND, and on any impro~ements, fixtures ar after acquired property added th~reon, as shcwn by plat re- :~orded in "the Office of the Cireuit Court in and for St. Lucie County, Florida, in P14t Book 16, page 1:1A rhmugh 13. ~ _ ~ . 2.~.~ ~ ~ ~ r x~-a! - . _ ~ ° ' -