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iCD 69-407-R-Reorder irom: Forc Line Systems. Box 18527. Tampa 33609 ~-~071 Rsrised 2-70
Over 55000: Secured w,'real estate-noobatloon
PROMISSORY NOTE r
ST. LUCIE COUNTY BANK t,~
Na fORT PIERCE, fLORIDA ; 5.000.00 ~
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' . Sapteaiber 15 ~ 19~~
For value received, the undersigned (and if more than one, each of them jointly and severallyl, promise to pay to the order of
St. Lucie Count~r Bank. Fort Pierce. Florida
the sum of ~~e T~~a~d a~ IIO~IOO~~~~~~~••~~~~~~~~•~~~~~ DOLLARS (TOTAL OF PAYMENTS),
payable in mon hly in talments of S~ 0• each, on the ~ day oi each successive month
commencing on OV~a? ~ 19 together with costs of collection, including attorneys' tees equal to 10% of the
i principal sum or such larger amounts as may be reasonable and just if collected by legai proceedings or through an attorney at law.
All payments made hereunder shall be credited first to interest and lawful charges then acc~ued and the remainder to principal.
The amount of this note includes the proceeds of S 5~ , recording fee of S~~~~~ intangible tax of S
~ documentary stamp tax of r ~ ~ • ~ ~ ~ , and other charges ~ ~ ~ ~ ~ ~ ~ •
~ - - IDescribe and Sate Cost of Eschl
of~~•~~ (~esulting in an AMOUNT FINANCEU of S Sa 000. 00 plus a
FINANCE CHARGE of ~ 1, OQwhich amount includes iMerest of ~ 1. 000. DAcredit life insurance premium of
~ nd other charges ~ ~ ~ ~ ~ of si,. _ _ _ _ )
(Describe and state cost for each)
resutting in an ANNUAL PERCENTAGE RATE of~~-°i6. The undersigned has the right to prepay this loan in fu11 and obtain
a refund of the unearned portion of the fina~ce charge oomputed u~der the "Sum of the Digits" method.
CREDIT LIFE AND CREDIT IIFE 6 DISABILITY INSURANCE. ARE VOLUNTARY AND NOT REQUIRED FOR CREOIT. Sueh lnsurane~ eownse (s availaW~ st tM
cost deslgnated below for the tertn of the credit: (a) = tor Cndit Lite Inwrance (b) S tor Cradit Uh 6 DisaWlity Insursnu
Check ~ C~~ Lita Insuranee is desired on the Iite of BiRhdate
APp~• ~ Crodit Lifs 8 Disabilky Insurance Is desired on
Box
~~edrt eembes'~~5 ~~y19?~L~ is nnt dasind.
(Date) e~ • (Signaturo)
PROPERTY INSURANCE, ff Mrritten In conn~ction with thls loan. may b~ obtatn~d bp tM uodtrsltnW throu~A any p~aon oi hls cholc~. H tM und~r•
signad desiros prop~rty Insur~na to W obtatnad through ths crodka, the wst wt~~ b~ i fo? ~ t~rm of ~
In the event any instalmeM 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 payabte at the election of the holder.
The holder is hereby authorized to appy, on or after maturity. to the payment of this debt, arry funds or property in possession of holder
~j belonging to the Maker, surety. endorser, guarantor. or any one of them, and all endorsers and sureties agree that this note may. in wf~ole or
~ in part, be extended or renevred from time to time without notice to them and without release of their liability hereon.
Presentment, notice or dishonor and notice of non•paymeM are hereby wa'ived by each maker, endorser and other party to this
note, and each of them do hereby waive the right to be sued aRer defauR in the county of their residence.
SECURITY-This loan is secured by a Mortgage of even date on the following de.scribed real property: (Desc~be~.
Real Estate mort~sge on Sle ia ~uublic records of St. Lucie County Flori _
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.
- (Address) 8l0 Hsrtman Road Signature~ L W. Adams SEA~
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(Address) sienature: / s/ Pearl Adams S~ ~
i (Address) Signature: 0 R ~ SEAL
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