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I~A 69-40GR-Reorder (rom: Fore Lerte Systems. Box 18527, Tsmpa 33609 Revised 2-70
p der 55000-Secured w/roal estate-nonballoon SUN BANK OF ST. LUClE COUNTY
PROMtSSORY NOTE EFFECTIVE tr~ARCN 1, 1973 ~
No. ST. LUCIE COUNTY BANK = 445p ep
FORT PIERCE, FLORIDA ~
O^.tob°~-~~ . ig~-~
For value received, the undersigned (and if more than one, each of them jointly and severetlyl, promise to pay to the order ot
St. Lucie County Bank, Fort Pierce, Fiorida
'rour thousaad four hundred ii_ft and 80 1(X?
tne sum of,-_ y- _OOLIARS (TOTAL OF PAYMENTSI. ~
c~ayable in__ 6~ _monthiy instatments of S_._?4•18 ___each, on the _____day of each successive month
commencing on 19_ together with costs of collection, inciuainy aiiornays~ iees agual to t0% oT the
~>rincipal sum or such larger amounts as may be reasonable and just if collected by legal proieedings or through an attorney at law_
The undersigned promises to pay late charges not to exceed 5% of the amount oi any principal payment or paymenis in detault.
All payments made hereunder shall be credited first to interest ar.~ !awful charges thert accrued and the remainder to principal. The
amount of this note includes the proceeds of S_~~Q~QQ~_, recording fee of S~l~~ i t ngible tax of S--_t~_~1'Q___,
aocumentary stamp tax of S_ 6.~_.___, other charges_ $@SI'Ctl_~ ~['~).Z~ _C L 1~~.~
. IDescribe and Siate Cost of Each?
- - - - 3~?~~65 - _ -
- - - -
o; 5_____`_{resulting in an AMOUNT FINANCED of S_ plus a FINANCE CHARGE of S-_~Q~~~~~
;rrhich amount includes interest ot S_. 1~2?:1~_, credit ~ife insurance premium of S_ a~d credit investigation cost of
s__ resuRing in an ANNUAL PERCENTAGE RATE of 10•85 °6. The undersigned has the right to prepay this
~oan in full and obtain a reiund of the unearned portion of the finance charge computed under the "Sum of the Oigits"' method,
CREDIT LIFE AND CREDIT LIFE d~ DISABILITY INSURANCE, ARE VOLUNTARY AND NOT REQUIRED FOR CRE~IT. Sueh lnsurance cove»ge is arailaWe at th~
cost designatM below tor tAe term of the credit: (a) = 166~ ~ fa? Crodit Lifs tnsurance (b) S lor Credit Lita & Disability Insurance
Check ~Credit Life Insurance is desired oo tbe life of CZQV -1 d t~~ 8irthdate 3~_.'~; ~
~pP~• ~ Credit Lite 3 Disability lnsurance Is desired on
Boc
Cr~ a r Disabilit Insurance is not desired
1~ 1~~~ Y
~Date) (Signaturel /s/ Cleveland Clark _
PROPERTY INSURANCE, if written in connsction w~th thfs loan, may be obtained by the unders~gned through any person oi hls choice. It the under-
signed dasires propeRy Inwranct to be oAtained throuRh tM treditor, the cost will be = for s term of mor~ths.
In the event any instafinent 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 payable at the election of the hotder.
The holder is hereby authorized to apply, on or after maturity, to the payment of this debt, any funds Qr property_in possession of holder
beto~ging to the Maker, surety, endorser, guarantor, or any one of them, and all endorsers and su~eties agree that this note may, in whole or
in part. be extended or renewed from time to time wiihout 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 of thgir residence.
SECURITY - This loan is secured by a Mortgage of even date on the tollowing described real property: (Describe~
Lot 28, Liberty P~.rk, a sub-division of the Citv of r^t. Pierce, ~loriaa ag p~r
plat thereof recorded ~n Ylet Eook 7~ ~:,_:e 54 of the p~iblia reccrds or 3t.L:zcie
~ ~ount~+~ ~ri g -
The Mortgage wi11 secu e fufure 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) 170~ PS. if:th ~t. Signature• /s/ Cj~veland Clark S~A~
,(Address) Signature: /s/ Lillie Mae Clark g~
(Address) i Signature: SEAL -
' o R 220 ~445
Uoc. Stmos. affi.xed to, original note g00K