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~CD 69-406-R-Reorder from: Fore Line Systems, Box 18527, Tampa 33609 Revised 2-70
Under 55000= Sacured w/real estate-nonDalloon
PROMISSORY NOTE
ST. LUCIE GOUNTY BANK
No. FORT PIERCE, fLORIDA : 3500.00
December 7 , 19 72~~
For value received. the undersigned tand if more than orte, each of them jointly and severally), ptomise to pay to the order of
St. lucie County Bank~ Fort Pierce, Florida
. cne sum ot__ Thre e Thousand Five Hundred and no/100------ DOLLARS (TOTAL OF PAYMENTS),
- - - - -
~ payable in 6~ _monthly instalments of S__7Q,_1~ each, on the 15t~1 day ot each successive month
' commencing on__-`_~~ri31drX_ 15 , 1g_73 , together with costs of collection, including attorneys' fees equal to 10% of the
principal sum or such large~ amounts as may be reasonable and just if collected by legal proceedings or through an attorney at law.
The undersig~ed promises to pay late charges not to exceed 5°J~ of the amount of any principal payment or payments in detault.
All payments made hereunder shall be credited first to interest and lawful charges then accrued and the remainder to prencipal. The
amount of this note includes the proceeds o! S 3500. ~Q recording fes of S ------,~rtcangibte tax of S- , -
documentary stamp tax of S______--- - , other charges - _
_ (Desuibe and State Cost o( Each)
i - - - -
-
of s_ _ (resu~ting in an AMOUNT FIMANCED ot S_ 3500_ 00 ) plus a FINANCE CHARGE of S~Q~.O~__
` 706 00
(which amount includes enterest of S___'____, credit life insurance premium of S and credit investigation cost of
~ s___ 1 result~ng en an ANNUAL PERCENTAGE RATE ~f 7~__,_"~„_ Tha undersigned has 2h.ts si~ht Lo psspay tliis
~ loan in fuli and obtain a refund of the unearned portion oi the finance charge computed under the "Sum of the Oigits" method.
CREOIT LIFE AND CREDIT LIFE d~ DISABILITY INSURANCE ARE VOLUNTARY AND NOT REQUIRED FOR CREDIT. Such insurance coverate (s svsilaW~ at tM
s cost designated be~ow for the term of the crcdit: (a) ~ iw Cr~d:t Life Insunnce (b) i for Credit Lifs 6 DisaWtity Insurance
i
' Check ~ Credit Life Insurance is desired on the life of 8irthdate
~ Bozt ~ Credit Life ~ Disability Insurance is desired on
~ [~Credit Life and/or Disability Insuranee is nd dssired
f lDateL-~gEe,~},'~g~ 'jTl Q~_(Signaturo)
PROPERTY INSURANCE, if written in co~nection with this loan, may Da obtained Dy the undersi~ned throu~h any ptnon of hls chaics. If the und~r-
; signsd dssircs property inwrance to bs obtsined throuQh ths creditor, tIN cost wttl b~ S fw~ a tsrm of months.
S
a
Y In the event any 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 the 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
_ befonging 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 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 this
; note, and each of them do hereby waive the right to be sued after default in the county ot their residence.
; SECURI11f - This toan is secured by a Mortgage of even date on the following described real property; (Describe)
? Real Estate mortgage on file in public recoxds of St. LucieCounty Florida
7he Mortgage will secure future or other indebtedness and will cover aker acquired property.
3 The undersigned acknowledges receipt of a completed copy of this note on the above date.
" Th St. Johns Baptist Church s`'
~ (Address) Signature: ~s/ Lauris Hamilton g~~ ~
~ airman an Trustee
_ (Address) Signature: / s/ Lucius Gaskin s~
Chairman and Trustee
;
~ (Address) _ Signature: / s/ Rosa B. Johnson SF~U.
t
= 600K~~~ ~~~E Secretary
.