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Foreclosure HOA 55701 OL3-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 Oasis Lakes Resort, A Condominium located in Orange County, Florida, and more specifically described as follows: Unit (see Interval Description on Exhibit “A”), Week (see Interval Description on Exhibit “A”), in Oasis Lakes Resort, A Condominium according to the Declaration of Condominium thereof, as recorded in Official Records Book 5535 at Page 3274 in the Public Records of Orange County, Florida, and any amendments thereof. Pursuant to that certain Declaration of Condominium of Oasis Lakes Resort, A Condominium recorded in Official Records Book 5535 at Page 3274, Public 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 Oasis Lakes 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, Florida, thereby perfecting the lien of Assessments, Fees, and Taxes pursuant to the Declaration and sections 721.16 and 192.037 Florida Statutes. See Exhibit “A” attached hereto for the recording information for each Claim of Lien and the amount secured by each Claim of Lien and the per diem amount to account for further accrual of the amounts secured by the 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. If you object to the use of the trustee foreclosure procedure, by signing the attached Notice of Election to Prevent Trustee Sale form, 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. In order to be effective, the 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. 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 $275, which amount will increase as the foreclosure proceeding progresses. Further, payment must be made by forwarding a cashier's check payable to the Oasis Lakes 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. WARNING: Personal checks will not be accepted. All personal checks will be returned to sender. The foreclosure of the subject timeshare will not cease. Partial payments will not be accepted. Amounts have increased since the mailing of this Notice. Please contact First American Title Insurance Company for the current cure figures. 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 International Parkway, Suite 380, Lake Mary, FL 32746; Phone: 407-754-1320. Exhibit A - Contract No. Interval No. Obligor(s) and Address Claim of Lien Recording Date/Instr. No. Per Diem Default Amount 053401Q Unit 3401 / Week 05 / Annual Timeshare Interest BARRY SIM and CAROLINE MARGARET HALL/3475 SE COBIA WAY, STUART, FL 34997-3179 UNITED STATES 08-09-16; 20160410690 $0.00 $1,802.01 163103QZ Unit 3103 / Week 16 / Odd Year Biennial Timeshare Interest KAREN WALSH and HOWARD WATERTON RICHARDSON/3045 Hammersmith Rd, Orlando, FL 32818 UNITED STATES 08-09-16; 20160410690 $0.00 $1,582.11 193506Q Unit 3506 / Week 19 / Annual Timeshare Interest BARRY SIM and CAROLINE M HALL/3475 SE COBIA WAY, STUART, FL 34997-3179 UNITED STATES 08-09-16; 20160410690 $0.00 $1,802.01 294302QZ Unit 4302 / Week 29 / Odd Year Biennial Timeshare Interest MICHAEL SYLVESTER BURGESS and MARITA YVONNE BURGESS/298 LONDON ROAD FLAT 21, STONEYGATE COURT LE2 2AH,, GREAT BRITAIN UNITED KINGDOM 05-04-15; Book 10912 / Page842920150220352 $0.00 $708.76 383205Q Unit 3205 / Week 38 / Annual Timeshare Interest JAIME GUTIERREZ SADA/AV10 CON CALLE 12 EDIFICIO, JIRA #224 DPTO B4,, SOLIDARIDAD, QR 77710 MEXICO 05-04-15; Book 10912 / Page842920150220352 $0.00 $3,064.17 Exhibit B - Notice is hereby given to the following parties Party Designation Contract Number Name Obligor 053401Q BARRY SIM Obligor 053401Q CAROLINE MARGARET HALL Junior Interest Holder 053401Q State of Florida Obligor 163103QZ KAREN WALSH Obligor 163103QZ HOWARD WATERTON RICHARDSON Obligor 193506Q BARRY SIM Obligor 193506Q CAROLINE M HALL Obligor 294302QZ MICHAEL SYLVESTER BURGESS Obligor 294302QZ MARITA YVONNE BURGESS Obligor 383205Q JAIME GUTIERREZ SADA
FEI # 1081.00647
09/15/2016, 09/22/2016
September 15, 22, 2016 16-04256W