HomeMy WebLinkAbout0046 ~~P~~ o~ c~`; q ~ no~
. In;fa(iment loan-Property Improvement Loan Ong~nal lor Bank
~ Blue for Customer
~ „ • Canary tor Customer
PROMISSORY NOTf P~nk tor Fi~e
' ~ 289•60...... . Fort P1KCi~ ~la. ~'~°X ~S . , 19 7k
For value received, the undersigned (which term shall include any endorsers or guarantors). jointiy and
.
severally. promise to pay to the o:der of . - , the sum
of Tao thouNnd tt~t fi~dhd ~1ghRy ~1n~ #nd 60~`100 • • • • • • • DOILARS
(TOTAL OF PAYMENTS) in its office in . Florida, consisting of
~,036.~9 ~
Proceeds to Borrower . . 2:QQQ.00 Unpaid Balance-AMOUNT FINAiVCED -
S•~
Documentary Stamps . _____3s~l~ Credit Report . ~
•0•
-
Jntangible Tax Other Costs _ - - -
_ 2~+6.51
Other Cost _ _ '0•___ Interest ZS1 •S1
Crerlit life Insurance ~4.64_-- TQTAL FINANCE CHARGE . . _ _ _ -
ANNUAL PERCENTAGE RATE . ~ ~ %
Disability Insurance . . - --~0~------
Credit Life Insurance and Disabitity Insu~ance are not ~ ired tor credit. Suc coverage is available at
the above cost. ~
I desire Credit Life Insurance ~ N~ - ~ CO-MAKER
I desire Disability Insurance
MAKER CO-MAKER
The Undersigned promises to pay the TOTAL OF PAYMENTS in 24 monthly installments of a.95~.~
each, commencing on the ~ day of ~utWt.. , 19 and on the _.~th day of each
successive month thereafter, together with a final/balloon payinent in the amount of $ ~0. due
on the r~~ day of ~4• . 19 If this note shall be prepaid in full, the undersigned
shall ~eceive a refund 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 a5.00 or 5°/a 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 liable for the cost of
collection, including reasonable atto~ney's fees equal to 10% of the principal sum or such larger amount as
may be reasonable and just.
If any installment shall not be paid when the same shall become due, the entire amoun~ of this note, less
the amount of any rebates required by law, become due and payable at the election of the holder, and such
unpaid amount thereafter shall continue to bear interest at the rate used to compute the fINANCE CHARGE
until paid. _
~I'~ Presentment, Notice of Dishonor and Notice of Non-Payment hereby are waived by each maker, endorser.
C or other party to this note, and each of them hereby do waive all exemptions. whether homestead or other- .
~ wise, to which they or any of them now or hereafter be entitled to under the laws of the State of Florida, or
oi any other State.
~ The undersigned hereby grant to Ftorida 8ank at Rort PS~•-r~ as security,
~ a lien on that real property in:
" St. ~ucie , County, Florida, known as ~Ja E1 . . Street
~ .
flarida
Fort Pie rce . _ . . . , State) . . . _ . _ _
(CitY) . . _ . _ _
and warrant that: (a) the undersigned are the owners and the sole owners, of the above described property; (b)
that the undersigned have disclosed to the bank all prior liens on the above described property; and (c) that the
proceeds of this loan will be used for the improvement, alteration or repair of the above described premises.
~ the above described property is transferred from the undersigned, whether voluntarily or involunta~ily, or
~ by operation ~:f law, if the under~igned or any of them becomes insolvent or a bankrupt; or if the above de-
- scribed premises are destroyed, either by fire or otherwise, at any time prior to the full payment of this note,
then, at the option 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 LEASL THREE BUSINESS
DAYS PRIOR TO THE EXECUTION OF THIS NOTE. THEY RECEIVED ALL OF THE DISCLUSURES PROVIDED
FOR UNDER THE CONSUMER PROTECTION ACT. THAT THEY ENTERED INTO AN AGREEMENT CONSUM-
~ ATING THIS TRANSACTION. THAT THEY HAVE f~OT. MAILED A NOTICE OF RESCISSION TO HE BANK.
~3S AND THAT THEY HAVE BEEN FURNISHED A rOPY OF TH{S NOTE. "
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Dated the date first above written.
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