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NOTICE OF DEFAULT AND INTENT TO FORECLOSE Foreclosure HOA 27107-SA4-HOA To: Obligor (see Exhibit “A” attached hereto for Obligors and their notice address) This Notice is regarding that certain timeshare interest owned by Obligor in Sabal Palms Condominium, located in Orange County, Florida, and more specifically described as follows: Unit Week (see Interval Description on Exhibit “A”) in Unit (see Interval Description on Exhibit “A”), Sabal Palms Condominium, according to the Declaration of Condominium thereof, as recorded in Official Records Book 3851 at Page 4528 in the Public Records of Orange County, Florida, and any amendments thereof. Pursuant to that certain Declaration of Condominium of Sabal Palms Condominium, recorded in Official Records Book 3851 at Page 4528, Public Records of Orange County, Florida, and all amendments thereto (the “Declaration”), Obligor is liable for the payments of certain assessments, maintenance fees, and ad valorem property taxes (collectively, “Assessments, Fees and Taxes”) and Sabal Palms of Orlando Condominium Association, Inc., a Florida not for profit corporation (the “Association”) has a lien for such Assessments, Fees and Taxes pursuant to the terms of the Declaration and applicable Florida law. The Obligor has failed to pay when due the Assessments, Fees, and Taxes as assessed or advanced and is thereby in default of the obligation to pay such amounts as and when due. Accordingly, the Association did cause a Claim of Lien to be recorded in the Public Records of Orange, Florida, thereby perfecting the lien of Assessments, Fees, and Taxes pursuant to the Declaration and sections 721.16 and 192.37, Florida Statutes. See Exhibit “A” attached hereto for the recording information for each Claim of Lien, the amount secured by each Claim of Lien, and the per diem amount to account for the further accrual of the amounts secured by each Claim of Lien. IMPORTANT: If you fail to cure the default as set forth in this notice or take other appropriate action with regard to this foreclosure matter, you risk losing ownership of your timeshare interest through the trustee foreclosure procedure established in section 721.855, Florida Statutes. You may choose to sign and send to the trustee the enclosed objection form, exercising your right to object to the use of the trustee foreclosure procedure. Upon the trustee's receipt of your signed objection form, the foreclosure of the lien with respect to the default specified in this notice shall be subject to the judicial foreclosure procedure only. You have the right to cure your default in the manner set forth in this notice at any time before the trustee's sale of your timeshare interest. If you do not object to the use of the trustee foreclosure procedure, you will not be subject to a deficiency judgment even if the proceeds from the sale of your timeshare interest are insufficient to offset the amounts secured by the lien. You have a right to cure the default set forth herein by paying in full, on or before the 30th day after the date of this Notice, the following amounts: (1) all past due sums, (2) costs of collection (3) interest, as accrued to the date of payment, (4) per diem, as accrued to the date of payment, and (5) the foreclosure processing fee in the amount of $235, which amount will increase as the foreclosure proceeding progresses. Further, payment must be made by forwarding a cashier's check payable to the First American Title Insurance Company, and drawn on a state or national bank, a state or federal credit union, or a state or federal savings and loan association, or savings bank. The Association has appointed the following Trustee to conduct the trustee's sale: First American Title Insurance Company, a California corporation, duly registered in the state of Florida as an Insurance Company, 1160 North Town Center Drive, Suite 190, Las Vegas, NV 89144; Phone: 702-304-7509 *Please note, the default amount does not include the foreclosure processing fees. EXHIBIT “A” Contract No. Interval No. Obligor(s) and Address Claim of Lien Recording Date/Instr. No. Per Diem Default Amount SA*4518*15*B Unit 4518 / Week 15 / Annual Timeshare Interest THE ESTATE OF DEBRA J. PHILLIPS/630 WOODLANDS ROAD, CHARLOTTESVLE, VA 22901-8944 UNITED STATES 05-21-13; Book 10573 / Page1213 1.59 4,652.25 SA*4121*43*B Unit 4121 / Week 43 / Annual Timeshare Interest CHARLES R. WOHLHUETER/4307 COLONIAL AVE APT 1, NORFOLK, VA 23508 UNITED STATES 05-21-13; Book 10573 / Page1225 1.57 4,601.09 SA*4415*05*B Unit 4415 / Week 05 / Annual Timeshare Interest RONALD H. SORENSEN and EDITH B. SORENSEN and the ESTATE OF RONALD H. SORENSEN, IF DECEASED and the ESTATE OF EDITH B. SORENSEN, IF DECEASED/900 E INDIANTOWN RD STE 101, JUPITER, FL 33477 UNITED STATES 05-21-13; Book 10573 / Page1221 1.57 4,607.71 SA*4415*06*B Unit 4415 / Week 06 / Annual Timeshare Interest RONALD H. SORENSEN and EDITH B. SORENSEN AND THE ESTATE OF RONALD H. SORENSEN, IF DECEASED AND THE ESTATE OF EDITH B. SORENSEN, IF DECEASED/900 E INDIANTOWN RD STE 101, JUPITER, FL 33477 UNITED STATES 05-21-13; Book 10573 / Page1223 1.52 4,060.91 SA*4511*30*B Unit 4511 / Week 30 / Annual Timeshare Interest JOSEPH EDWARD PIERSE and YOLANDA PIERSE and THE ESTATE OF YOLANDA PIERSE, IF DECEASED/943 Third Ave, Franklin Square, NY 11010-1833 UNITED STATES 05-21-13; Book 10573 / Page1217 1.41 3,818.82 SA*4511*31*B Unit 4511 / Week 31 / Annual Timeshare Interest JENNINE PATRICIA PIERSE and YOLANDA PIERSE and THE ESTATE OF YOLANDA PIERSE, IF DECEASED/943 THIRD AVE, FRANKLIN SQUARE, NY 11010-1833 UNITED STATES 05-21-13; Book 10573 / Page1219 1.59 4,663.99 SA*4324*13*B Unit 4324 / Week 13 / Annual Timeshare Interest ROBERT G. HILL, as Individual and as Trustee of the Trust created under Item V of the Last Will and Testament of Aleese S. Hill, deceased and the Heirs and/or Beneficiaries of the Estate of Aleese S. Hill/PO BOX 91, LAGRANGE, GA 30241-0002 UNITED STATES 05-21-13; Book 10573 / Page1215 0.76 2,197.66 SA*4527*19*B Unit 4527 / Week 19 / Annual Timeshare Interest DAVID S. MATHEWS and EDWARD W. MATHEWS, as Individual and as Trustee of the MATHEWS FAMILY REVOCABLE TRUST AGREEMENT DATED AUGUST 26, 2003 and SHIRLEY C. MATHEWS, as Individual and as Trustee of the MATHEWS FAMILY REVOCABLE TRUST AGREEMENT DATED AUGUST 26, 2003/9410 36TH AVE SW, SEATTLE, WA 98126-3831 UNITED STATES 05-21-13; Book 10573 / Page1227 1.06 2,932.55 NOTICE OF ELECTION TO PREVENT TRUSTEE SALE IMPORTANT: If you object to the use of the trustee foreclosure procedure, you could be subject to a deficiency judgment if the proceeds from the sale of your timeshare interest are insufficient to offset the amounts secured by the lien. The undersigned, (See Exhibit “A”), is (are) the owner(s) of timeshare estate interest Unit / Week / Timeshare Interest at Sabal Palms Condominium at 8805 World Center Drive, Orlando , FL 32821 The undersigned has received a Notice of Default and intent to Foreclosure from First American Title Insurance Company, the Trustee. The undersigned hereby exercises the undersigned's right to object to the trustee foreclosure procedure established in section 721.855, Florida Statutes. In order to be effective, this Notice of Election to Prevent Trustee Sale must be received by the Trustee at the address set forth below on or before the 30th day after the date of the Notice of Default; and intent to Foreclose. Trustee's Address: 1160 North Town Center Drive, Suite 190, Las Vegas, NV 89144; Phone: 702-304-7509 Dated: Owner's signature Owner's signature Print Name Print Name Owner's signature Owner's signature Print Name Print Name Notice is hereby given to the following parties: Party Designation Contract Number Name Obligor SA*4518*15*B DEBRA J. PHILLIPS Obligor SA*4121*43*B CHARLES R. WOHLHUETER Obligor SA*4415*05*B RONALD H. SORENSEN Obligor SA*4415*05*B EDITH B. SORENSEN Obligor SA*4415*06*B RONALD H. SORENSEN Obligor SA*4415*06*B EDITH B. SORENSEN Obligor SA*4511*30*B JOSEPH EDWARD PIERSE Obligor SA*4511*30*B YOLANDA PIERSE Obligor SA*4511*31*B JENNINE PATRICIA PIERSE Obligor SA*4511*31*B YOLANDA PIERSE Obligor SA*4527*19*B DAVID S. MATHEWS Obligor SA*4527*19*B EDWARD W. MATHEWS Obligor SA*4527*19*B SHIRLEY C. MATHEWS (RSVP# 300714), (07/18/13, 07/25/13)
July 18, 25, 2013 13-04271W