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~CD 69-407~R-Reo~der from: Foro line Systems. Box 18527. Tampa 33609 ~-1071 R~vipd 2-70
Over SSOCO.-Secured w, real estate-oonballowi
PROMISSORY NOTE
~ . ST. LUCIE COUNTY BANK ~
k ;vo. fORT PIERCE. FLORIDA s l0. 000. 00
I ~
' ~ Fabru~ry 16 , 19?2
' ~or value received, the undersigned land if mo?e than one, each of them jointly and severally{, promise to pay to the wder of
St. Lucie County 6ank. Fort Pie~ce~ Flo~ida ~
' the sum of__ ____~~en_~:housand and noi lUO-~-------------------~~~- DOLLARS (TOTAL OF PAYMENTS),
~ payable in_ 1~0 _monthly instalmems of S_~
1$~ _7'~ __each, on the___ day of each successivs month
; commencing on_._~-_i1T1.1. 1QG~_ 19~~, together with costs of collection, includi
ng attorneys' fees equsl to 10% of the
~ ~~rincipal sum or such larger amounts as may be reasonable and just if collected by legal proceedings or throu~h an attorney at law.
a
~ All payments made hereunder shall be credited fir t t,Q intR rest and lawful charges then sccrued and the remainder to principal.
The amount of this note includes the p~oceeds of S__ 1 ~ 0 V• ~ V, recwding fee of S__ inWngibls tax of 3_~ ,
'
'
~ documentary stamp taz ot'3".- and other charges----
~ IDescribs snd Stau Cost i~a~bo ~O
r - _ _ _ _ . _ _ _____of S__ _ (resulting in an AMOUNT FINANCED of E _ ' ' _ plus s
s
~ FINANCE CHARGE of ~4244~ 00__~~~ch amount Includes interest of ~''~2~~. 00, credit lite insurance pmmium ot
and other charges- - ~ ~ ~
~ (O~scriC~ ai+d state cosj~~ ~xh) .
resutting in an ANNUAL PERCENTAGE RATE of__ The undersigned has the right to propay this loan in full and obtain
~ a refund of the uneamed portion of the finance charge computed under the "Sum of the Digits" method.
~ CREDIT UFE ANO CRE~IT LIFE d~ DISABIUTY INSURANCE. ARE VOWNTARY ANO NOT REQUIRED FOR CREDIL SucA inwqnc~ cov~rsr b araibbb at tlN
~
~ cost desi~nat~d Dslow tor the term oi the cndit: (a) i fo~ Cndit lib Insursnu (b) = for CndR lib 6 Oisability (osurance
~ Ch~ck ~ CrWit lite Insuranct Is d~sirW on tM lifs of BirthdsN
APp~• ~ Cndit Lif~ Q~ Disability Insuraoc~ is dtsind on
~ Box
t~ Credit Life and/or DisaDiiity Insursnc~ is nd d~sind_
~ ~DateL_~`ebru. ry 1S~ 1972 ~s~s„si~~~a
i PROPERTY INSURANCE. If writt~n in conn~ction with thls lo~n, may b~ obtafrwd by tM w~d~rsl~n~d tArou~ sny p~rson d IMs choica tf tM und~r-
si~n~d desir~s prop~Ry Inwranc~ to b~ obtaln~d thmu~ tM endko~, tM ~ost wiQ b~ = for a t~rm of monMs.
~ In the event any instalment of principal is not paid when it becomes due, the eMiro amount of this note, iess the amouM oi arry
rebates roquired by law, shall become due and payaWe at the election of tt~e holder.
The hotder is hereby authorized to appy, on or after maturity, to the paymeM of this debt, aml funds or property in possesston of holder
belonging to the Maker, surety, endorser, guarantor, or any one of them, and sll endorsen and sureties agree that this note may, in whole or
in part. be extended or ~enewed from time to time without notice to them and without rebass of their liability hercon.
Presentment, notke or dishonor snd notice ot non-payment are hereby wsived by each maker, endoner and other party to thfs
- note, and each of them do hercby waive the right to be sued aRer defautt in the oounty of their residence.
SECURITY - This loan is secured by a MortgaB e oi even date on the tolbwing describad real property: (Describs~~
~ Re ~1 F6t:~te mortga~e on fite in flublic records vf .~t. Lucie County Ftori
.'c'a
- - - -
The Mortgage wilf secure futuro or other indebtedness and will cover aRer acquired property.
' The undersigned acknowledges receipt of a completed copy of this note o~thQ.~~~~t&U TO SUPPLY, INC.
Ew
: (Address) 1.~0~ ~.~T:~A~C ':venue Signature• BY~ Dewe~ R~ Farnhardt
w~~ P resi~ent
n?;§ fadd?ess) Signature: $y' J. J_ Hnwell g~ l-
~ ~ ~ Secretary-Treas~e~
(Address) ~ _ ;}X ~ Stgnature: ~
's: _