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Foreclosure HOA32444-MP2-HOA NOTICE OF DEFAULT AND INTENT TO FORECLOSE 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 the MVC Trust, located in Orange County, Florida, and more specifically described as follows: Interests (see Interest Description on Exhibit “A”) (numbered for administrative purposes: (See Admin. Number on Exhibit “A”) in the MVC Trust (“Trust”) evidenced for administrative, assessment and ownership purposes by Points (250 Points for each Interest), which Trust was created pursuant to and further described in that certain MVC Trust Agreement dated March 11, 2010, executed by and among First American Trust, FSB, a federal savings bank, solely as trustee of Land Trust No. 1082-0300-00, (a.k.a MVC Trust), Marriott Ownership Resorts, Inc., a Delaware corporation, and MVC Trust Owners Association, Inc., a Florida corporation not-for-profit, as such agreement may be amended and supplemented from time to time (“Trust Agreement”), a memorandum of which is recorded in Official Records Book 10015, Page 4176, Public Records of Orange County, Florida (“Trust Memorandum”). The Interests shall have a Use Year Commencement Date of (See Comencement Date on Exhibit “A”) (subject to Section 3.5 of the Trust Agreement). All undefined capitalized terms herein shall have the same meaning as defined in the Trust Memorandum. Pursuant to that certain Trust Plan known as Marriott Vacation Club Destinations and all amendments thereto, Obligor is liable for the payment of certain assessments, maintenance fees, and ad valorem property taxes (collectively, “Assessments, Fees and Taxes”) and MVC Trust Owners 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 Trust Plan 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 Trust Plan 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, 400 S. Rampart Blvd., Ste 290, Las Vegas, Nevada 89145; Phone: 702-304-7509
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,_[insert Owner name ] , is (are) the owner(s) of__ Interests , ___Points in Marriott Vacation Club Destinations. 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: 400 S. Rampart Blvd., Ste 290, Las Vegas, Nevada 89145; Phone: 702-304-7509 Dated: Owner's signature Owner's signature Print Name Print Name Owner's signature Owner's signature Print NamePrint Name Exhibit “A” Contract No. Interest / Admin Number / Commencement Date Obligor(s) and Address Claim of Lien Recording Date/Instr. No. Per Diem Default Amount MP*0015/05&0016/01,02,06,07,08,10,11,12 9 / 001505 & 001601 / 01/01/2011 WILLIE A. GEORGE/600 TALON CIR APT 2G, JACKSONVILLE, NC 28546-7053 UNITED STATES 06-24-13; Book 10589 / Page6647 0.48 1,592.58 MP*0165/09,10,11,12 4 / 016509 / 01/01/2011 LARRY A. CHAPPELL and MAXINE E. CHAPPELL/81823 IL SERENATA DR, LA QUINTA, CA 92253 UNITED STATES 06-24-13; Book 10589 / Page6750 0.21 937.38 MP*0321/09,10,11,12,13,14,15,16,17 9 / 032109 & 032110 & 032111 & 032112 / 09/01/2010 JOSEPH W. NIXON and TERRY L. NIXON/10310 NAPOLEAN STREET, FREDERICKSBURG, VA 22408 UNITED STATES 06-24-13; Book 10589 / Page7320 0.48 1,592.58 MP*0532/06,07,08,09,10,11,12&0597/01,02,03,04,05 12 / 053206 & 053207 & 053208 & 053209 / 11/01/2010 OLABANJO JOHNSON OBALEYE and ABISOLA OLUSEYI OBALEYE/HOUSE 69,6 AVE, GWARINPA, II, ABUJA MODEL CITY NIGERIA 06-24-13; Book 10589 / Page7466 0.64 2,027.78 MP*0599/15,16,17,18,19,20 6 / 059915 / 11/01/2010 JOHNNY M. HORN/6813 REGENTS PARK, TOLEDO, OH 43617 UNITED STATES 06-24-13; Book 10589 / Page7490 0.32 1,199.46 MP*0605/35,36,37,38 4 / 060535 / 01/01/2011 GEORGE C. MUSSIG, JR./1066 A. DEKALB AVE., BROOKLYN, NY 11221 UNITED STATES 06-24-13; Book 10589 / Page7769 0.21 937.38 MP*0767/46,47,48,49 4 / 076746 / 01/01/2011 W. MICHAEL LANDERS and FRANCES J. LANDERS/1521 QUINCY ST, OXNARD, CA 93033 UNITED STATES 06-24-13; Book 10589 / Page7597 0.21 937.38 MP*0820/52&0821/01,02,03&1566/01,02 6 / 082052 / 01/01/2012 LAWRENCE D. PETERSEN/PO BOX 6901, ELMENDORF AFB, AK 99506-0901 UNITED STATES 06-20-13; Book 10588 / Page4839 0.32 1,624.84 MP*1697/33,34,35,36,37,38 6 / 169733 / 01/01/2012 ROGER M. JOYA and ROBERLEIGH H. JOYA/3292 THOMPSON BRIDGE RD STE 320, GAINESVILLE, GA 30506 UNITED STATES 06-24-13; Book 10589 / Page6795 0.32 1,248.20 MP*1714/30,31,32,33,34,35 6 / 171430 / 04/01/2011 HANS-HEINRICH TEYFEL and GABRIELE TEYFEL/HAUPTSTR. 36, GROSS SCHENKENBERG 23860 GERMANY 06-24-13; Book 10589 / Page6805 0.32 1,241.54 MP*2029/33,34,35,36,37,38,39,40,41,42 10 / 202933 & 202934 / 01/01/2012 GEORGE E RYAN JR. and M. MICHELE RYAN/1944 VIZCAINO COURT, ESCONDIDO, CA 92026 UNITED STATES 06-25-13; Book 10590 / Page2383 0.53 1,772.36 MP*2178/23,24,25,26,27,28,29,30,31,32,33,34,35,36,37,38,39,40,41,42,43,44 22 / 217823 & 217824 & 217825 & 217826 & / 05/01/2011 CRISTINA I. STENNETT and CARLOS D. STENNETT/7906 SPLIT CYPRESS LANE, HOUSTON, TX 77041 UNITED STATES 06-25-13; Book 10590 / Page2385 1.17 3,296.10 MP*2233/34,35,36,37,38,39,40,41,42,43,44,45,46,47,48,49,50,51,52&2234/01,02,03,04,05,06,07 26 / 223334 & 223335 & 223336 & 223337 & 223338 & 223339 & 223340 / 04/01/2011 CHERYL W. HUNTER and WILLIAM M. HUNTER, JR./3849 LINBROOK DR, COLUMBIA, SC 29204 UNITED STATES 06-25-13; Book 10590 / Page2399 1.38 3,869.00 MP*2835/13,14,15,16,17,18,19,20,21,22 10 / 283513 & 283514 & 283515 / 01/01/2012 George Rex Thompson, as Individual and as Trustee of the Thompson Family Trust, Dated July 20, 1996 and Jill April Thompson, as Individual and as Trustee of the Thompson Family Trust, Dated July 20, 1996/567 GLEN ROAD, SPARTA, NJ 07871 UNITED STATES 06-25-13; Book 10590 / Page2577 0.53 1,772.36 MP*2996/13,14,15,16,17,18,19,20 8 / 299613 & 299614 & / 07/01/2011 LINDA ROBERTS-ZINN/400 S STEELE STREET, UNIT 54, DENVER, CO 80209 UNITED STATES 06-25-13; Book 10590 / Page2567 0.42 1,461.54 MP*3477/21,22,23,24,25,26,27,28,29,30,31,32,33,34 14 / 347721 & 347722 & 347723 & 347724 & / 12/01/2011 TIMOTHY L. HIGHTOWER/13428 MAXELLA AVE, MARINA DEL REY, CA 90292 UNITED STATES 06-25-13; Book 10590 / Page2636 0.74 2,247.78 MP*3580/21,22,23,24 4 / 358021 / 01/01/2012 GODFREY R. WILLIAMS and IRIS L. WILLIAMS/#8WW CONFEDERATE WALK, BOX F40176, FREEPORT F40176 BAHAMAS 06-25-13; Book 10590 / Page2655 0.21 1,028.20 MP*4246/16,17,18,19,20,21,22,23 8 / 424616 & 424617 & / 11/01/2011 LINDA E. SCHULTZ-WHITLOCK/7 VAN DOREN AVE, CHATHAM, NJ 07928 UNITED STATES 06-26-13; Book 10591 / Page0257 0.42 1,461.54 Exhibit “B” Notice is hereby given to the following parties: Party Designation Contract Number Name Obligor MP*0015/05&0016/01,02,06,07,08,10,11,12 WILLIE A. GEORGE Obligor MP*0165/09,10,11,12 MAXINE E. CHAPPELL Obligor MP*0321/09,10,11,12,13,14,15,16,17 JOSEPH W. NIXON Obligor MP*0321/09,10,11,12,13,14,15,16,17 TERRY L. NIXON Obligor MP*0532/06,07,08,09,10,11,12&0597/01,02,03,04,05 OLABANJO JOHNSON OBALEYE Obligor MP*0532/06,07,08,09,10,11,12&0597/01,02,03,04,05 ABISOLA OLUSEYI OBALEYE Obligor MP*0605/35,36,37,38 GEORGE C. MUSSIG, JR. Obligor MP*0767/46,47,48,49 FRANCES J. LANDERS Obligor MP*0820/52&0821/01,02,03&1566/01,02 LAWRENCE D. PETERSEN Obligor MP*1697/33,34,35,36,37,38 ROBERLEIGH H. JOYA Obligor MP*1714/30,31,32,33,34,35 HANS-HEINRICH TEYFEL Obligor MP*1714/30,31,32,33,34,35 GABRIELE TEYFEL Obligor MP*2029/33,34,35,36,37,38,39,40,41,42 GEORGE E RYAN JR. Obligor MP*2178/23,24,25,26,27,28,29,30,31,32,33,34,35,36,37,38,39,40,41,42,43,44 CARLOS D. STENNETT Obligor MP*2233/34,35,36,37,38,39,40,41,42,43,44,45,46,47,48,49,50,51,52&2234/01,02,03,04,05,06,07 WILLIAM M. HUNTER, JR. Obligor MP*2835/13,14,15,16,17,18,19,20,21,22 George Rex Thompson Obligor MP*2835/13,14,15,16,17,18,19,20,21,22 Jill April Thompson Obligor MP*2996/13,14,15,16,17,18,19,20 LINDA ROBERTS-ZINN Obligor MP*3477/21,22,23,24,25,26,27,28,29,30,31,32,33,34 TIMOTHY L. HIGHTOWER Obligor MP*3580/21,22,23,24 GODFREY R. WILLIAMS Obligor MP*3580/21,22,23,24 IRIS L. WILLIAMS Obligor MP*4246/16,17,18,19,20,21,22,23 LINDA E. SCHULTZ-WHITLOCK Obligor MP*4342/30,31,32,33,34,35,36,37 PAUL D. MENDELSOHN Obligor MP*4342/30,31,32,33,34,35,36,37 GEORG M. MEHL Obligor MP*4963/43,44,45,46,47,48 JOSE IGNACIO GONZALEZ VELUTINI Obligor MP*4963/43,44,45,46,47,48 MARIA LEONOR YEPES MACHADO Obligor MP*4963/43,44,45,46,47,48 MARIA ANTONIETA VELUTINI DE GONZALEZ Obligor MP*5783/25,26,27,28,29,30 GEORGE ERIC FRIBERG Obligor MP*5783/25,26,27,28,29,30 ELAINE G FRIBERG
TS#: HOA32444-MP2-HOA FEI # 1081.00047 05/08/2014 05/15/2014
May 8, 15, 2014 14-02546W