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sori~ notc l~ereiiiu/ter substantiull~~ capied or i~lenti/ie~d. to-~cit:
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ICD 69-406R-R~o~e irom: Foro Lin~ Systams, Box 18527, Tampa 33609 Revised 2-70
Under =SOOO.~scund w/real tstate-nonballoon
- PROMISSORY NOTE ~
` ST. LUCIE COUNTY BANK 394.56
NO' FORT PIERCE, FLORIDA :
lRaY 11 s . 1~
For value received, the undersigned (and if more than one, each of them jointly and severally?, ptomise to paY to the order of
St. Lucie Countp Bank. Fort Pierce~ Florida
tne sum of ~~T~r~ p~L~~fOUi' and S6/100~M OOLLARS (TOTAI OF PAYMENTS?.
payable in 12 monthly instalments of S 32•88 ' each, on tfie 6~ day of each successive month
commencing on J~e 6• , 19» together with costs of collection, including attorneys' tees equal to 10% of the
principal sum or such larger amounts as may be reasonable and just if collected by legal proceedings or through an attomey at law.
The undersigned promises to pay late charges not to exceed 5~J(~ of the amount of any principal payment or payments in default.
~ AI! payments made hereunder shall be credited first to interest and lawful c4~arges then accrued~ and the remainder to principai. The
( amount of this note includes the roceeds of S~SS•~ recording fee of E iZ•Z~ intangible tax of S•78
documentary stamp tax of S . other charges Z~9s ~
. (~~ribe and SUts Cost of Each)
of 5 ~resulting in an AMOUNT FINANCED ~f $ 3S9_19 ~ plus a FINANCE CHARGE of S3S.31
(which amount includes interest of S ZZ•37 credit life insurance premium of S and credit investigation cost of
s ) resulting in an ANNUAL PERCENTAGE RATE of 17.70 9G. The undersigned has the right to prepay this
!oan in full and obWin a refund of the uneamed portion of the finance charge computed uoder the "Sum of the Digits" method.
CREDIT LIFE AND CREDIT LIFE & OISABILI7Y INSURANCE. ARE VOLUNTARY AND NOT REQUIREO FOR CREOIT. Such Insurancs eoversp Is svsilabN st tM
cost designated betow forthe temf of the credit: (a) t~ "Z~9S tor creort ute insunnu (b).i , to? Croeit uts e~ D~sab~litY ~nwr+~a
cnKk ~ Credit Lifs Insurance is dasired on the life o( L~t'lieta Zlieholgon e~~nan. 9-11-36
apP~- ~ Credit Ufe 6 Disabiiity Inwrants is desirsd on
Box
it 4if~ and,[Qr,p~3 bility Insuranea is not dasired_
toate~ y 1 ~ 197 ~g;g~nuro)
PROPERTY INSURANCE, if writtu~ in conn~ction with this loan, may b~ obtained by ths undarsl[n~d thwugh anY Pe~son of his ehoic~. If t1M under-
signed d~si~ ProWRY insuranc~ to bs obtainsd througA tM crod'~tw. tM cost wUi be f for a ttrm of maKM.
In the eveM arry instalment of principal is not paid when it becomes due, the eritire amount of this note. less the amou~t of arry
rebates required by law, shatl become due and payable at the election of the holder.
The holder is hereby authorized to appy, on or after maturity, to the payment of this debt, amr funds or property in possession of hoider
belonging to the Maker, surety, endorser, guarantor, or a~ry 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 1'wbility hereon. .
Presentment, notice or dishonor and notice of non-payment are hereby wa'rved 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 of their residence.
SECURITY-This loan is secured by a Mortgage of even date on tha following described real property: (Describe~ ~t 10~
Bloclc "C'• of Jsllisoa's SubdivisLoa, as par pl~t thar~oi sticorde~d in Plat Book 4, pg. 86 0~
the pub2ic recorde of 9~ac~~ 3t. Lucie County, Plorida. S 1'ha arantor ras~rvea uato
h asa a a ~a a ers . ~
7he Mortgage will secure future or other indebtedness and will cover alter acquired property.
The undersigned acknowtedges receipt of a completed copy of this note on ~he above date.
(Address) 3010 Avenue D 33~?SO Slgnatur~• /s/ ~ Barline Nicholson S~~
~Address) Signature: ~S~ ~arlton Jenkins S~
(Address) Signatu?e: SEAL
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