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iCD 69-106~R-Rao?d~~ trom: Fon Line Systems, Box 18527, Tsmp~ 33609 Rsvissd 2-
Under j5000.~ecurod w/real ~stat~-nonballoon
' PROMISSORY NOTE . ,
ST. LUCIE COUNTY BANK ~ 3500 00 -
~'No. FORT PIERCE, FLORIDA ~
Octobas 3 , 19 72
For value received, the undersigned (and if more than one, each oi them jointly and severally?, promise to pay to the order of
~ St. Lucie County Bank~ Fort Pierce, Fiorida
Tbree Thouaand Fiv~ Httadsed sad no/100~~-~-~~~~~•~~~~~DOLLARS (TOTAL OF PAYMENTS~,
the sum of - .
payable in 34 monthiy instalments of S 3~• 55 each, on the 15~1 day oi each successive mooth
commencing on Nov~mber is~ , ~g 7Z ~together with costs of collection, including attorneys' fees equal to 10% of the
principal sum or such targer amounts as may be reasonable and just if collected by tegal proceedings or through an attorney at law.
The undersigned promises to pay late charges not to exceed 59(s of the amount of any principal payment or payments in default.
AII payments made hereunder shall be credited irst to interest and lawful charges then accrued and the remainde~ to principal. Thb
~ amount of this note includes the proceeds of S~SVD• V~ , recording fee of S - intangible tax of S
i
! documentary stamp tax of S ~ - ~ ~ - • , other charges - ~ ~ - - •
~ w~-~ (Oesuibs and Sute Cost of Eseh)
of S~~~~~~• Iresuiti~g in an AI~IO~~T ~I~IANCED ot s35~0. 00 ) plus a FINANCE CHARGE ot 8 11~2. Z~
F
(which amount inciudes interest of S 1 V credit life insurance premium of S~ and credit investigation cost of
s ? resulting in an ANNUAL PERCENTAGE RATE of The undersigned has the right to prepay this
loan in full and obtain a refund of the unearned portion of the finance charge computed u~der the "Sum of the Digits" method.
CREDIT UFE AND CREDIT LIFE 6 OISABILITY INSURANCE. ARE VOLUNTARY AND NOT REQUIRED FOR CREDIT. Such (nsunnc~ cowrap (s svailabb at th~
cost d~signated below tor the tertn ot ths eradit (s) : tor Chdit Lite i~suranc~ (D3 i for Crsd'~t Ut~ d~ DisaWlity (nsursnu
Check ~ Credit Lifa Inwnnce fs desired on the life of Birthdst~
APp~• ? Cradit Life 6 DisaDility Insuranee Is Oesirtd on -
Box
Y C?edit ife an or Disabilit fnsuraoe~ is nd desirod_
(Date) QCtO~e? i9~T~ ~~gnaturd
PROPERTIf INSURANCE. H writtu~ In eonn~ctfon with this btn. may b~ obtsin~d b~r tM u~n~~n~d th?ou~h any p~rson of hls chdce. Ii tM und~r-
sign~d d~sir~s p~oW~l? insursnc~ to bs obtsln~d tl~rouah tM cnditor, tM cost wi0 b~ f ~ ~ t~ ~ ~
In the event arry instalment of principal is not paid when it becomes due. the eMire amount of this note, less the amourrt of arry
rebates required by law, shall become due and payable at the election of the holder.
The holder is hereby authorized to appy, on or after maturity. to tfie payment of this debt, any funds or property in possession of holder
belonging to the Maker. surety, endo?ser, guarantor, or any one of them, and all endorsers and sureties agree that this note may, in whole or
in part. be extended o~ renewed from time to time without notice to them and without release of their {iability henwn.
~ Presentment, notke or dishonor and ootice of non-payment are hereby waived by each maker. endorser snd other party to this
~ note, and each oi them do hereby waive the right to be sued after defauR in the oounty of their rosidence.
SECURITY-This loan is secured by s Mortgage of even cfste on the following desc~ibed real property: (Describel
R~at Eatate mortgaae on file in nu6ltc recnrds nt St, t~cie-~'ountTi~ 1=s:ds
~ The Mortgage wiU secure future or other indebtedness and wilt cover atter acquired property.
The undersigned acknowledges receipt of a completed copy of this note on the above date.
~ 23U3 F.d~vazd~ Rosd
(Address) signstur~• /S/ Jost3h A. McSween SEAL
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(Address) Slgnature: /8/ Mar~aret C. McSween g~ :
(Address) Slgnature: ~ R ' S~.
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