EXCLUSIVE — Tiger Woods signs $54 million-mortgage to pay off the ex
Jupiter Island golfer Tiger Woods‘ secret divorce settlement may be so expensive that he had to mortgage his home to pay for it!
Official records that just popped up in Martin County hint that Woods will have to pay ex-wife Elin Nordegren $54 million by January 2016 — or risk losing the house he spent five years building.
How do I know?
The philandering golf-club swinger took out a $54 million-mortgage last Wednesday, two days after his quickie divorce was finalized in Panama City Aug. 23.
– Click here to read the mortgage docs
– Click here for a better look at Woods’ Jupiter Island digs
And the mortgage holder, according to the records, is a shadowy company with no apparent capital, JRD Florida Ventures LLC. The corporation’s registered agent is none other than one of his former wife’s six divorce lawyers, Dennis Belcher.
Woods, the mortgage shows, used the Jupiter Island property, Sand Turtle, to secure the loan — which means that Nordegren could end up with that Motel 6-style crib if he doesn’t pay up. The document was actually notarized by Tom Sasser, Woods’ West Palm Beach-based divorce attorney.
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