HomeMy WebLinkAbout2428 ~o ~iaue and to ~lold f~~e same, (oyell~er u~il{~ Ihe tpnem~~~~fc. {~e?vc~ifame•nfs aru~ uppu?f~ ~
nnnc~s I~~~r~to ~?~~ouqin~~, an~~ t~~~ renls, issties nncl projifs fhrrFU~. unfu I~~e mo?tgn~re, in fee simple. ~
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~n~ 11~~ mori~~agor cov~nunls «~ith 11~~ morl,yn~ee fhat 1{~~ mort,yayur is indefeasib~y SPIZP~ o~ said ;
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lan~l i~~ (Pp simple: fl~~l tl~e mort~ac~or has good ri{~hl nnd laiof u~ auil~orily lo coni,ey aaid Iand as a~o~e- '
' sai~~; Ihat 1h~ mort~~ayor u~ill malre such (urther assurances to prrfecl Ihe fpe simple title to said ~anc~ in the i
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morl~~~q~~~ as may r~asonahly F~e requirecl; Iha! t1~e mortc~agor l~erehy f ul~y u~arrants the tille to said ~aRd ;
nnd u~ill rlN(~~nrl fh~ same nc~ninst tl~e law~ul ~•~aims o~ a~~ persons u~I~omsopt~er; and thnt saic~ Iand is )ree
an~~ c~~ar i~~ a~~ ~n~um~?r~n~~s ~
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~rou~ded ~lways~ t~~af iJ saic~ mortgny~r sho~~ pay ~uifo sai~ mortgagee f~e cerlain promis- :
sory nofP tiereina~ler suhstantia~~y copiec~ or it~enti~ee~, to u~it:
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ICD 69--406iF-Rwrd~t trom: For~ Un~ Syst~ms, Booc 18627, Tsmps 33609 Rwis~d 2-70
Urt~t =500p.~S~tur~d w/~il ~stat~-+qnballoon
PROMISSORY NOTE
ST. LUCIE ~OUNTY BANK s, ppp, pp
NO' FORT PIERCE. FLORiDA =
. OcLobsr Z1 ~19 ~0
For value received, the undersi9ned (and if moro th~n one, asch of them jointly and severslly), promise to psy to ths order of
St. Lucie Countp Bank. Eort Pierce. Florida
the sum ot 1K1/~ 1110YS~lId ~lid NOIlOO DOLlARS (TOTAL OF PAYMENTSI,
' payable in iZ~ mo~thly instalments of t~•aT e~ch. o~ the day of ead~ wccessive montfi
commencinp on DeCeVKr 10 , ~8 . tope~ with costs ot collsctlon, includinp attansys' fees ~1 to 10% of tM
principal sum or such larye~ amouots ~s may b~ nssa~abla and just N collected bY Is~l procesdin~s o~ dxouyh an attorn~y at law.
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Ths undersi~nsd promises to pay I~ts charpss not to excesd 6% of ths amount of sn1? Pr~~W~ W11~M a P~11R?ents M dst~uk.
All psyments made h~reu~der shall bs crsdited first to interost and lawful eha~ss Men accsued and the remainder to prineipst. Ths
i amount oi thls oots inciudes Lbe procseds of = - re~dGp fss of • ina~ible ux of f
I documenary samp tsx oi i . othsr charp~s
~ (O~sufb~ and Sate Cwt ot Each)
~ of s (resuttinq in ao AMOUNT ~INANCEO of f~•~~•~ plus s FINANCE CHARGE of t ~ '
~which amount includas intarsst ot S Z~Z80•~ cr~dh IHe inwranos premium of ! ~nd crsdh inwstiq~tion cost of
~ s__ 1 resultinp in an ANNUAL PERCENTAtiE RATE ot 8 ~c. Ths understpnsd has ths riyht to prepay this
Ioan in full ~nd obnin s rofund of ths w~sam~d portion of tM fin~na d~a~s computsd w~d~r the "Sum of ths Di~ib" method.
~ CREQIT UFE ANO CREDIT UFE 8 DISMILITY INSURANCE ARE VOLUlfTARY AN~ NOT REQUIREO FOR CREDR. suCh InawanC~ CovMa~/~ fs sv~WbN ~t UM
cost desipated b~lo~r tor tlf~ bnn of tM c~dit i ~ Cr~dit tih Imwance (W i ~ Cr+dlt tH~ ~ Dh~biNq? Msw~no~
Ch~ek ~ Cndit Lth Insuranet is duind oa tM til~ of Bietl~dat~
e~ Cr~dit Uh f DlssCilit~~ t~su~ano~ b d~sl+rd on
~ C~rdit Uh sod/oI OlsaOifitp IrqtxMq is nat drNe~A, .
(Dat~l ~
MIOrER7Y INSUMMC[. If wekt~n In oarwetbw wkh thls 1oM. n~71 M W~taln~d 41I !M undastp~ ~ro~~ anY Pwsa~ of Als elwb~. N tM ~~dN~
sl~++d d~Nns oroo«QI Ms~wancy to s~ o0ta~a~d thra~h tM ee~diW~. tM ooat rdll a s Ior a ta~w d nanlha
In tM avent sny insblment of prindp~l k rat p~id wMe R b~corr~as du0. tM ~ntlro amount of thb ~ab. las tM amount of arry
robahs nquirsd by law. sfi~H b~ooet~ dw snd payabN at tM N~ciion of t!N ho1dK.
The holder k 1~eby wthorized to spply. on or afber mstu~it~r. to tM p~yir~nt ot thb d~at. s~r funds or prop~rt~r En pos~ssion d i~oW~r
~ beto~gir~ to th~ Mai~. wrot~l. ~ndo~str. gwra~. or arry orn M lh~an. and sN endorsecs and w~etiss agne th~t thb nob ma~I. le wbob ot
~ in Wr~ b~ azt~nd~d or r+er~aw~d from tkr» M tbns without notla b tMm snd without nl~s~ of tlwir N~Wllt~r htnon.
~ Pnsentment. ndks or dfshonor sed notio~ of non-ptyrn~nt an Mnby wahred by Meh mak~. ~ndorset ~nd other part~? to Mk
note~ sed ~sch o~ the~o do ha~b~? waiw tM ~ht to be w~d aRsr dNauR tn t!N oounty of thNr rrsid~no~.
SECURRY - Thb ban b s~cured 6y • Mort~e oi ~vw~ dat~ on tl~ folbwin~ des~rfb~d nN prop~rty: (O~scrib~l -
Lot 2. C. it. CadoWa 3ubdirisioa oi Lots 4, 3, S and 6 4loclc 1~
Dutstt•a Zt-B~OAivisia~
The Mo~t~ wfq securo futun or other tnd~btadn~ss aod wiN oov~ atbr aoquind proparty.
Th~ unde~siQned ~ reaipt of a oompl~t~d oop~? ot thls iat~ on tl~ sbw~ date.
d~~ ~ /s/ Floyd B. Braatz ~ ;
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, /s/ Laura P. Braats a~ ~
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(~ddross) Si~natu 800K ~ ~ ~ ~
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