15-02162W

NOTICE OF DEFAULT AND INTENT TO FORECLOSE Foreclosure HOA 40547-GBRI4-HOA To: SEE EXHIBIT A (“Obligor”) Notice Address: SEE EXHIBIT A This Notice is regarding that certain timeshare interest owned by Obligor in Grand Beach Resort, located in Orange County, Florida, and more specifically described as follows: An undivided SEE EXHIBIT A interest in fee simple as tenant in common in and to Condominium Unit Number(s) SEE EXHIBIT A, together with a corresponding undivided interest in the Common Furnishings which are appurtenant to such Unit(s), as well as the recurring (i) exclusive right during SEE EXHIBIT A calendar years to reserve, use and occupy an Assigned Unit within Grand Beach Resort, A Condominium (the “Project”); (ii) exclusive right to use and enjoy the Limited Common Elements and Common Furnishings located within or otherwise appurtenant to such Assigned Unit; and (iii) non-exclusive right to use and enjoy the Common Elements of the Project, for their intended purposes, during such Use Periods as shall properly have been reserved in accordance with the provisions of the then-current Rules and Regulations promulgated by The Grand Beach Resort Condominium Association, Inc., all pursuant to the Declaration of Condominium for Grand Beach Resort, A Condominium, duly recorded in the Public Records of Orange County, Florida, in Official Records Book 4844, at Page 2297, as amended from time to time (the “Declaration”). Unit No. SEE EXHIBIT A Designated Season (if applicable): SEE EXHIBIT A Vacation Week No. SEE EXHIBIT A Years of Use: SEE EXHIBIT A Pursuant to that certain Declaration of Condominium for Grand Beach Resort, a Condominium, as recorded in Book 4844 at Page 2304 of the Official Records of Orange County, Florida, and all amendments thereto (the “Declaration”), Obligor is liable for the payment of certain assessments, maintenance fees, and ad valorem property taxes (collectively, “Assessments, Fees and Taxes”) and The Grand Beach Resort 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 County, 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 $200, which amount will increase as the foreclosure proceeding progresses. Further, payment must be made by forwarding a cashier's check payable to The Grand Beach Resort Condominium Association Inc., 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, duly registered in the state of Florida as an Insurance Company, 400 South Rampart Blvd, Suite 290, Las Vegas, Nevada 89145. Association Contact: The Grand Beach Resort Condominium Association Inc., c/o Diamond Resorts Financial Services, Inc., 10600 W Charleston Blvd, Las Vegas, NV 89135 Phone: (702) 823-7168 Exhibit “A” Contract Number Owner(s) of Record / Address Unit/Week/Calendar Years Designated Season Undivided Interest Claim of Lien Recording Date Claim of Lien Book & Page Default Amount Per Diem 331741 DANIEL A. NICKLES / 3920 Beechwood Pl, Riverside, CA 92506 UNITED STATES Unit 644 / Week 49 / Annual Timeshare Interest Gold 1/51 03/12/15 Book 10887 / Page4693 $1,303.16 $0.00 Exhibit “B” Notice is hereby given to the following parties: Party Designation Contract Number Name Obligor 331741 DANIEL A. NICKLES FEI # 1081.00204 05/28/2015, 06/04/2015
May 28; June 4, 2015 15-02162W

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