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!CD 69-407-R-Reorde• f~om: Fore Line Systems. Bor 18527. Tampa 33609 Revised 2-70 ~
O.er 55000 -Secured w real estate--nonbatloon
- PROMISSORY NOTE ~
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~ - ST. LUCIE COUNTY BANK
r~o. FORT PIERCE, FLORIDA ;8.000. 00
~ August 18 . 1972
For value received, the undersigned (and if more than one. each ot them jointly and severally?, promise to pay to the order of
St. Lucie Couoty Bank. Fort Pierce~ Florida '
r.he sum of___-~l~Ilt ~noubau3 - - - - - - - - _ ~ ~ ~ ~ ~ _ _ ~__~DOLIARS (TOTAL OF PAYMENTS),
;~ayable in___ 1~ monthly instalments of S_~'j~ QQ____ __each, on the_3_Q},h__ _day ot each successive month
c omme~cinq on_ ~~eTT}bgF ~O 19_~~,_, together with costs of collection, including attorneys" fees equal to 1096 of the
, rincipa~ sum or such arger amou~ts as may be reasonable and just if collected by legal proceedings or through an attorney at law.
II Ail payments made hereunder shall be credited tirst to interest and lawful charges then accrued and the remainder to principal.
~ The amount of this note indudes the proceeds of S_ , recording tee of S__ ~ intangible tax of 5_
~ documentary stamp tax oi S_ , and other charges___ _
_ _
~ - (Describe and State Cost of Each?
of S _ (resulting in an AMOUNT FINANCED of 5 _ __-1, plus a
FINANCE CHARGE of ~~^z4. 4Q_(which amount inctudes interest of 36~0. ~0~~~~ ~ife insurance premium of
and other charges - - - - - - - . _ _ _ _ . _ - - - - - - - -~f -
(Describe and state cost tor each)
resulting in an ANNUAL PERCENTAGE RATE of__ The undersigned has the right to prepay this loan in fult and obtain
a refund of the unearned portion of the finance charge computed under the "Sum of the Digits" method.
CREDIT LIFE AND CREDIT LIFE 6 DISABILITY INSURANCE. ARE VOLUNTARY AND NOT REQUIRED FOR CREDIT. Such insurance coverage is availabla at tM
c ost designated below for the term of the credit: (a) iw Crodit Life tnsurance (b) Z for Credit Lite d~ Oisability Insunnce
Check ~ Credit Life Insurance is desirM on the life of _ BiRhdattr
APP~• ~ Credit Life b Disability Insurance is desired on _ _
F3ox
~ Credit Life and/or Disab~(ity Insurance is not desired
'Date)~110~tAt 1 ~ _ 1 ~177 __(Signature) _ - -
PROPERTY INSURANCE, if written in connection with this loan, may be oDtained by the undersigned throug~ any ps+son ot hls thoiu. If tM under-
signed desires property insurance to ~be obtained through the crcditor, ths cost will ba i (or a tertn of months-
In the event a~y instalment of principal is not paid when it becomes due, the entire amount of this note, less the amount of any
rebates required by law, shall become due and payable at the election of :he holder.
~ The holder is hereby authorized to apply, on or after maturity, to the payment of this debt, any funds or property in possession of holder
~ belonging to the Maker, surety, endorser, guarantor, or any one of them, and all endorsers and sureties agree that this note may, in whole or
~ in part, be extended or renewed from time to time without notice to them and wirthout release of their liability hereon.
~ Presentment, notice or dishonor and notice of non-payment are hereby waived by each maker, endorser and other party to this
~ note, and each of them do hereby waive the right to be sued after default in the county of their residence.
~ SECURITY-This loan is secured by a Mortgage of even date on the following described real property: (Describe)
~ _ :viortgage dee~~ recorded in public records of ~t. Lucie County, Florida
~ _ . _ _ - - - - - -
The Mortgage will secure future or other indebtedness and will cover after acquired property.
~ The undersigned acknowledges receipt of a completed copy of this note on the above date.
~ . /s/ Melvin B. Skaggs
~ (Address) 54J1 South U. ~11. I~ort Pierce Signature: SEAL
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i~ddress) Signature: ~s~ Mary Ann Skaggs S~~ (
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~ ~Address) _ _ Signature: Q R ~rl~ SEAL
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