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~CD 69--406-R-Reorder trom: Foro Line Systems, Bwc 18527, Tampa 33609 pevised 2-70
U ~der S500U--Seeurod w/real estate-nonballoon
PROMISSORY NOTE !
~ ST. LUClE COUNTY BANK ~ 1. isq.8s
~O- fORT PIERCE. FLORIDA
Sapt~bat 1 - . 19 7Z
For value received, the undersigned (and if more than one, each of them jointly and severaliy), promise to pay to the order of
St. Lucie Count~? Bank. Fort Pierce. Florida
the sum of _~~-~r aIId a~~l~~~-~~"~~ OOLLARS (TOTAI OF PAYMENTS),
payable in__~ monthly~~s~~~nt~s~ ot S_~$. jZ each, on the 6th _~ay of each successive month
comme~cing on 19~Z, together with costs of collection, including attorneys' fees equal to 10% of the
principal sum o~ such larger amounts as may be reasonable and just if collected by legal proceedings or through an attorney at taw.
The undersigned promises to pay late charges not to exceed rj~ of the amount of any principal payment or payments in default.
Alt payme~ts made hereander shall be credited tirst to interest and lawfut charges then accruet! and the remainder to principal. The
amount of this note includes the proceeds oi S^jQQQ.~_, recording fee of S 12.2Z . intangible tax of S Z~ ~
documentary stamp tax of S + nn , other charges
IDest~ibe and SWte Cost of Each? -
ui S ;:csulting in an AMOUNT FtNANCED of S 1811~1{3 i y pius a Flf11Al1lCE CHARGE Qt S_ iZS•~
(which amount includes interest oi S 1ZS.S$__ credit life insurance premium of S ~ and credit investigeti.~rc :.ast af
s__ ~ ) resulting in an ANNUAL PERCENTAGE RATE of 11.~1 _X,, The undersigned has the right to prepay this
toan in full and obtain a refund ot the unearned portion of the tinance charge computed under the "Sum of the Digits" method.
CREDIT LIFE ANO CREDIT LIFE 6 DISABILITY INSURANCE, ARE VOLUNTARY AND NOT REQUIREO FOR CREOIT. Such inwrsnce carerage 1s arsilable st tM
cost drsignated below tor the term o( the credit: (a) L tor Credit Lite Insuranca (b) L for Credi! Ut~ b Disability Insursnce
ChKk ~ Credit lite Insurance is desired on the life o! &rthdate
APp~• ~ Credit I.ife d~ Disabitity Insurance is desired on
Box
~ Credit life and/or Disab~lity Insurance is not desired_
(Date) g~trar 1- 197Z (Signature) /s/ James Monroe
PROPERTY ~NSURANCE, if written Fn conr?~c!!on wlth thls loan, msy be obtslned by ths undersign~d tnroush any psnon of hls chok~. Ii tM und~r-
sig~~d dasires prope+H fnsurancs to be obtained throuKh the c?editor. th~ cost wi~l b~ f ~ t~ ~ mO^~~
tn the event any instalment of principat 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 the holder.
7he hotder is hereby authorized to apply, on or after maturity, to the payment of this debt, any tunds or propeity in possession of holder
belonging to the Maker, sursty, 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 re~ewed from time to time without notice to them and without 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 ihis
note, and each of them do hereby wa'nre the right to be sued after default in the county of ihe+r residence. j4t X10~ ~1
SECURITY-This loan is secured by a Mortgage of even date on the following described real property. (Describe)
e of h~ l~s ~ liott S ivi• scco d to •~ap o lat o! aaid su vi~i~on
int• ~r so c•o • • •
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The Mortgage wiQ secure future or other indebtedness and witl cover after acquired property.
The undersigned acknowiedges receipt of a completed copy of this note on the above date.
(Address) 1012 ll. lstb bt. Signature• /s/ James Monroe SEq~.
Ft. Piarc~, Pla.
(Address] Signature: ~s~ Bula Monroe SEAL
(Address) _ Signature: 8~~ ~ ~ S~i1L
(DOC. STAMPS AFFIXBD TO OBIG. NdTB)
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