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1CD ~0--~07-1[ (Rc~. 11/70)-Reordcr (rom FvrM Pt~. Co.. Orland0. ~~id~ ~l601-~tY-6YK-1][-1-71-St21{i9
p~~ iH--3eeurd w/real estat~-oonD~lloon
: PROMISSORY. NOTE
xo ~ 25.000.00
ST. LUCIE COUNTY BANK
FORT PIEBCE~ FLORIDA
Jaauasy 1T , 19 T~
For vslne received, tha nndersigaed (and it more thaa one, each oi t6aaqijw:
y~~vve~n~rn ise to tbe
order of ST. LUCIE COUNTY BANK. Fort Aerce. Flortda, the snm of ~~s ,
IIO / l00 • - - • - - - - - • - • DOLLAR3 (TOTAL OF PAYMENT3), paysble ia~_ ' talment~ _
oi 25 000. Oq,p~u~ ~ere~t ~~~u~r • .
; 19`.y together with coata oi collection~ inelnding attorneys' feea eqtul to 1096 ot tha principsl sum or snch larger
; amounts as maq be reasonable and just if collected by tegal proceedings or through an attorney at law.
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f All paqmenta made hereunder shall be credited firat to inte~q~t ~~la~nl cbarges then accrned and the remainder
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to principal. The amonnt of thia note includea the proceeds of ~6s~ ' , recording fee of ~ , credit
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9 life insnrance premi~m of ~ intangible tu of ~ . documentary atamp taz oi ~ and
~ - of ; ~ ~ ~ ~ ~ resulting in an AD~iOUNT FINANCED
~ o~~ 5
0~0 00 i~~~'°d S~.c~ c~a r°='°~a~ 1875. 00
of ' p~~ a F~11`CE CHARGB (conaisting only of intereat) oi ~(wLieh is eatimated to begin
~ to accn~e on 1 19~~ ) resulting in an ANNUAL PERCE,~iTAG$ RATS of 9'0. The underaigned has
~ the right to prepay this loan in full and obtain a refund of the nnesrned portion of the finance chatge computed under
~ the "Sum of the Digits" method.
~ PROPERTY INSURANCE. if written in conaection witt? this loan, may be obtained by the underaigaed throngh
~ sny person of his choice. If the undersigned desires property insurance to be ohtttined throug6 the creditor, the cost
will be ~ for a term of monthe.
~
~ CREDIT LIFE INSURANCE IS VOLUNTABY AND NOT BEQIIIBED FOB CREDIT. Snch inaurance coverage is
~ available at a cost of ; for the term of the credi~.
Credit Life Insurance ia desired on the life of
~
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~ (nau) (io.m.a)
a
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(nace) (Ins~edl
In the event any instalment of principal is not paid when it becomes due, the entire ~onnt of this note, less the
~ amount of anq rebatea required by law, shall become due and payable at the election of tbe holder.
~ Preaentment. nctice of dishonor and notice of non-payment are herebq waived by each maker, endorser and other
- party to this note, and each of them do hereby waive the rigbt to be sued after deLult in tbe county oi their residence.
r SECURITY-this loaa ia eecnred by a Mortgaga oi even date on the following described real property: (Describe)
R ea stst• mortgage on pu e secor ~ o . uc e om y, o •
Tbe Mortgag~e w~71 eecare fntare or other indebtednPSa s~ will cover after aaqnired pmpertY.
~ The nndcraigned acknowledgea receipt of a completed copy of thia note on the above date.
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~ / s / Irene C rist ~
(Addreit) Siynatttre: ~SAL ~
~ BoaK 2~0 423 - i
~ (Addre~s) Sipnaturs: ~EAL
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