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HomeMy WebLinkAbout1874 ~ ~ . .i i / 1 ~nitellm~nt Loan-PrOperty (mprovernent Loan Or~gmal tor Bank e~ue tor Customer ~'r • PROMISSORY NOTE Canary Io~ Customer Pink (or File [ 1^^ ' . ~ S... . '~~rt i~~ ce Fla. .!~i;u. i y.::, 19 ~ For value ~eceived, the undersigned (Khich lerm shall include any endorsers or guarantors), jointly and severally, promise to pay to the o-der ot : i c~ ;ua : c_r,'c r i'~~r t,i ~rcn , the sum of ~ive t::~:~sa~~t' • _:n 'r~c • , , - - - - - - - - - - - - DOLLARS- (TOTAL OF PAYMENTS) in its oftice in ~ r~"i ~ce, , Florida, consisting oi Proceeds to Borrower ~ -.~n Unpaid Balanc~--AMOUNT FINANCED !•s'~E'~•~'~: Documentary Stamps . _ Credit Report _ 1Q.~~ Intangible Tax Other Co:,ts Other Cost Interest i.~'~~'2~ Credit Life Insurance TOTAL fINANCE CHARGE . 1~t ..J- Disabiliry Insurance ''^•^5 ANNUAL PERCENTAGE RATE ' ~ n'~ Credit Life lnsurance and Disability Insurance are not req jr to •~redit. Such cov~r~age ' ilable at the above cost. ~ . . I desire Credit Life Insu~ance t ~~,~..,n ' U,,. r ~•~`ri MAK KER I desire Disability Insurance '`p?`~e:~ "un;~-r _ ' ~1~2-= ~ ' ~G~L ~t--% MAKER ~ CO-M/,IC~ The Undersigned promises to pay the TOTAL OF PAYMENTS in 5; monthly installments of ~ 1 each. commencing on the ?~thday of -~t•r:.~.r~ , 19 7L' and on the t~. day of each successive mont~ thereafter, together with a final/ba!loon payment in the amount of ~ due on the ..2~tii day of : anu~ r;; , 19 ,'9 . If this note shall be prepaid in full, the undersigned shatt receive a ~efund of a portion of the FINANCE CHARGE computed by the "Sum of the Digits" method. If any installment shall not be paid within ten (10) days after the same shall become due, a service charge of E5.00 or 59( of the amount of such installment, whichever is less, may be made. If this note or any~ installment thereof, shall be collected through an attorney at law, undersigned shall be liabte for the cost bf collection, including reasonable attorney's fees equal to 109( of the principal sum or such larger amount as may be reas~able and just. . If any installment shall not be paid when the same shall become due, the entire amount of this note, less the amount of any rebates required by faw, become due and payable at the election of the holder, and .such unpaid amount thereafte~ shal! continue to bear interest at the rate used to compute the FINANCE CHARGE u~til paid. ~ P?esentment, Notice of Dishonor and Notice of Non-Payment hereby are waived by each maker, endo~ser. or other party to this note. and each of them hereby do waive all exemptions, whether homestead or otF~er- wise, to which they or any of them now or hereafter be entitled to under the laws of the State of Fiorida, o~ of any other State. - The undersigned hereby grant to o~ i c'~ "an:< at -or t~i e rce _ , as security. a lien on that real property in: St. luci e . County, Florida, known as No. ~outh 2?tF - Street ' (C+tY) --.~or.t. 'iFrce _ . State) ~ .lor ida _ and warrant that: (a) the undersigned are the owners and the sole owners, of the above described prope~ty; (b) that the undersigned have disclosed to the bank all prior liens on the above desc~ihed property: and (c) that the proceeds of this loan wilt be used for the improvement. alteration or repair of t~~e above described premises. If the above desc~ibed property is transterred from the undersigned, whether voluntarily or invoRuntarily, or by operation of law, if the unders+gned or any of them becomes insolvent or a bankrupt: or if the above de- scribed premises are destroyed, eithe~ by fire or otherwise, at any time pr~or to the full payment of this note. then, at the optian of the holder hereof, the unpaid balance of this note shall immediately become due and payable, without demand or notice. THE UNDERSIGNED, AND EACH OF THEM ACKNOWLEDGE THAT AT LEAST 7HREE BUSINESS DAYS PRiOR TO THE EXECUTiON OF THtS NOTE. THEY RECEIVED ALL OF THE DtSCIUSURES PROVlDED FOR UNDER THE CONSUMER PROTECTION ACT. THAT THEY ENTERED INTO AN AGREEMENT CONSUM- ATING THIS TRANSACTION. THAT THEY HAVE NOT MAILED A NOTICE OF RESCISSION TO THE 69NK, AND THAT THEY HAVE BEEN FURNISHEO A COPY OF THIS NOTE. ' ~ ~ - Dated the date first above written. % _ ~i ~ ~ _ 2709 South ?_7th Strcet - ~k~U?' ~ (address) fg(~~tPn n`~r _ ~7p,1 roLt1. 77ti1 4trrr~t ~ ~ (~.5.~ (address) ~.or ta ;'~an'cr fi.C~ r •~.,:~~EU ST. LJC : ;~1KTT FIA. F: '-~e~ ( , - . ~ •1;. T?'" L:~ . CC~~. . , •;.~~RT Qnar 223 ~18 t~ r~r• Fam - 156 - Blank vOul, ~`8 1 V.7 ' 1~ 2'74~~4