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HomeMy WebLinkAbout2145 :!~:c'}:~7~~~~ t0: ~ Au~o?u?t ot ~l~e ~1ote: Y 13 ~ a`7 u. 00 Date of \ote: March f~ , 1 ~ 7~ ~tawrity Da~c: Sf:• M011th9 in~,creat Ratc: 7ntcrcat Pc~i~: From the dato hereot Ltiro~ ~ ~ ~ • _ " . Amortization Pcriod: Frnm tno day aftcr the Intoreat Pe:iod to Jie vfaturity Date. ~ i~islulmcr.! 1'ayment• ~1j~ 1uJ.t~fl a Zu5 j.rit@r@8~ C~ll@ ~fl SfY Montt~s Firot Inatalmcnt Paymcnt Dato; .~bntas ~ FOti V,\T.UE Rc.Ci:IV:;D. t:ic u:ic.rrsi~cd nnd if morc i};an onc, jai.:t7v :uici scvcra::y (:hc ~iaicer), ciucs hc~ci~y i•ovcnnut :~nci prumi~e to j~ay to tile o:::cr of $Uil 3an:c Oi 5~.. ..,i:C~O COLI:tt~( or to its succet~o:s o: as:.i; ns (cot;rciiveiy :i~e i aycej, at its p:in~ o:iic-a at iiZ ~1"d;1CG AVCI'iu@ ~ . Oi'~ Fie~ce, : lc7o: .ic suc:ti c~:t:c: placc as i}~c Paycc may dcsiona:c to :::a :~:a::cr i~: wri:ing irom ti~no lo tiuti~, ~ i+i 1c~.~i t~~tdcr ot li.c liailcG Sia:es. i'c~a An:ount of :hc \ote or so muc~~ c::c:•a~o~ as niay :ie acivanccd (Ihe Pri~ci;~.il ; .\uiount? h}• tl~e t'ayce ,~i.~uant to a.onstrucUon ioaa a~recme~~t or ioin cotnn:i:n:ent, i~etN•cen the ,~'iaker and the ~ a:?)P~~ IOj;ClilCi ~~'11~1 llllCi~S: .lL t:~C ~II~CiCSI R:IiC Oil ~}1Q Uilj)a14 li~.i~nce OI tnc F'rincii~al Amo~nt. Durin:; ti~c i:~:r:r~t I'.•rioi: infc;c:.t ;:o~n itic tl:.tc of c:.c:~ a~ivance, at thc In:r:est R:~:c. s:~a7~ hc payabie monl:iiy on ~ 1~1C fif5l (1:1\' UI tJC I110A~(i iG1~~tYli1~ :.1~ ::10:1~~1 1D \V~lIC11 t}:C liPSl LQV:I:ICC 35 i.11~C a~:ll'• O.l i::C I1~5~ d.ly OE C:iC}1 IllOi:ti1 ~ tl~crcaitcr; Gill'iil}: ;1~C AMO~~iZ:lU4i1 i CilOt~ C(jU:i~ RiOil:ili~/ in.;ia~:ncr.t8, C:1C:1 Ul if1~' fll'ilOliOL 0:,,1ilC Instalment 1:1}'h1Cq2, t :iic f~rst su~•1~ instahiei~t i ay:nc~t io ~c n:acic on t~~e I'irst Instalman: Payii:ent Daie nna suhsec,uen: Instaiment P:?y- ~ uic~nts an ~he iirsi ci:~y of ea~;~ mont;~ t:.ema:ter uniil :he ~/.aturity Da:e whereu, on t:~e en:ire unpz;d 'n~iance of princi, :~i and interest accn?rci nnd un;~aid thei-~or. s:ial; i~ecome due and ~~aylule; cac:~ sac:~ instaiment when paid shail be a;ipiied iscst to ilte p:~~•:ucjii ol inte:~s: on ihe unpaid 'ualance at the Znterest I2ate and the rc:nainder themoi to payment on account ~i princi, :u. ' . T~ lllii i~'.~~ .Ui\' IOt.i.liU}C:ii P.:}':ili`Il~ S:l:li~ :l~~i ~h. j):ll(~ \\'littl ilUC. ~~1C:1 i:~c cntirc jIT:T'~:i~):ii SUill :lili~ :ICCfUCfi If1~CfC:~ Ill`iCUl1iM~ ~~l:ll~ ~1CCni:ll; (~UC :;Il(i ~~.1)'.lu1C :li Olll'~ JI' (:1C1'CditCC. :1L :11t: O~li1071 OI i11C ii0lCiCi Oi i~i15 ~OtC. ~rI1C l~:il'f'B Ill•lt, :IS li,S OjlilOn~ CJuCC~ l I:li~ C~t.IP„C :.Ot 10 CXCCI'(i ~~~'O CCI~S ~JC i:iCl1 OAC i~A:i.l7 Oi i`.liA i715ta:~ne~t 1'ayment 110~ j):IiU K'IICfl (IlM fJ iCiili~>UtSC ti:t' l~.l}'CL' iOP C\j)Cfi~CG O~ scrvic:ng (~CNII ~Utlit ?i~Si:~jil:CA( a~:l3~l:Cil~c:. I'.'~I/UiC t0 C\P[CISC ~hC~C OJ/~10116 ch:u~ 110t MOSIIIUIC A tti:liVfi Oi ~~~C iiti}li LO CXCLCiSC t{1C Soi1lC :A tf:C CV~:1Z Of SU:y suiiscruent c;c:auit. it i~ iurtlicr ~~rcco t~ia: ::~c 11a~cr .~n~ cach c~i~or~cr, s~.c;y. ~uarantor, loic:tiy a;?r. sevcr~iiy, s5all ~~ay aii eo:tc of _('OIICCIiO:I O~ ihl~+ ~OfC, Ifi('~IiGiiii; .i :~`.:~nAIF)iC Z~:Dfi1Cy5 fCC. OD f.li.1::C ~O j):ly any Ins~~;.-+icnt Paymcnt or i171) Q1CPfGC(~ 3HICiCS~ UUC ilCiCtlil(1Cr O.l t:lC (~Ua: (4:1iC :~7Cfl`Oi. llliC ~4LC a:d 13i Siil'il5 (lUC ~1Civ'UZ~dCC Ffi.lii bear interest il~ 111C }11EhCAl . il~v1U~ .-.l~C Ol II1lCaC~t per :lA:ilibl Ul i.:C 5l:~tC O{ ?;ori~a from t21v' CjaCC WJCII 211C hrincipai and accr~ed intereat UpCICf ti~is \ote s~~iil bc ciue anti ~~ayab~e. `tiie tot~il interest payable hcrcunde: sha:i aoi in any one year excced the highest ~awful rate of interest in tne Siate of : iorida. Tiiis \otc is ~ecurcd by a\.o;t~are, ciaieo ttic c:.ite ncrcoi, o; ~ro;x~rty situatcd in thc State of Fioriua. l ~1P ~j.lnC[ :1"CCCi SiGit 1~ Sji:1~~ tiC JOUiI(I U)' :iTty ut;iCClriCi:c axtcr.ci:n~ i}7t 3::i7C Oi n70C:tiyin~ ine a'novc tcrma of j):lV- I71CO~. O~l(.C Il}' ~t1C P:i3'CC :.itU li C UriT..T: J7' G~ti':ur.-5 Oi 1:~C F?r~,icrty .~itCCiC4 D) ti:.t(~ \fio:tba~e, W}'.ether with or ..ithout ~ AO~jCC i0 Z~1C ~ia;ccr, :II:C~a L~iC ~:dKCi S:l`nij C07111i:Ua: .I:il~~Z t0 j)ay tf1C dI1:0UA: ci~c he:c::ncicr, DU~ W?tll 1Il~QiCSt A~ i~ i.110 OO ~iQ7iC~ 11)dO (ilC In:crest 11a[C, :1fC01'i11Ds LO icrms of any SUC~l•:1biCC:T1Glt G: CXt0715:O.1 O? modification. Thr uniiaid i?:~iaace of tne i ri:~ci, a2 Amount, ~;us acerued.interest sna','~ become cica and , ayabte at tne o~tion oE ti~e Payce un~icr tbe h.?;>, cr.iag oi an eveni by wiiicn said bal:?r.ce shail or may becomo ciue and payabie under the tcrms of s:~id ~:ortga~e. • . i his \otc m~y not bc ch:mhed araliy, ou: on~y :~y an a;,rcemcnt in w::tin;;, aisneti by the parly against whom cn- (orcemcnt o~ any waivcr, ehanoe, rnocli:ication or aisc:iarge ia soug'r~t Ail partics to tili9 `ufc, a•hc:he: titakcr. , rinci~ai, surety, bva:anio: or c:.uorscr, ncrcoy waive ;~resentmcnt tnr s~apment, cio~iand, protest, r~ot:ce oi protest, an~ r.o:ice of disnonor, and ez;~rc~s~y ag:ee ;oir.i~y and severai'ry io rer»ain aiid con~inuc ix~und tior t:nc ,:.ymc~c of t~.c pri:i~:pa: and intc.-est , rovided :or oy thc tenis of tnis \otc, noiwiehstandin~; ~ .lily CX~l:~1SIWl 07 CXIC)1S1OA5 Of i}:C t:::lC 0:. Oi 10: :~1C payment of sai~ a2'iTiCi~ ai O[ 171iC~CSf, Oi 8i1Y CAaDSC Oi Cf1.lI1~;C~ ~ lIl t~1C ..1110L(1~ Oi .1ll70LDaS ubiCC(: i0 })C ~.l:d 'u.'iGC: .OP b~l ViTiUC O~ t}iC OD::a:IIIOJI i0 ~ay p:OV1G¢(j i0~ ill ti115 ~iOIC, O~ any chantie or chan~es by ~vay o: rc+case or sur:cn~:e: or substi:ut:on ot r.ny rcai proncriy and coi~:,teral, or eitner, nclci as security tor t:~is \oic, and waive :,:1 and every :c:»ci of no:ice c: such extension or extensiora. change or ci?anges, ond agres that tne aame may be inude withoat tiye ;oi~der of tne .Y.a~cer. s/s Fred H. I;ollis s/s Alene W. Lollis _ ~ t 224 F,~~E 2144 . ~ . ~ : ~ _ _ ~ ~ ~ ~ ~ ~--s r~-~.. - , _ . y~_~~