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HomeMy WebLinkAbout2999 G'/^~'~.t ~/7 .._IQst~llment loan-Property Impro,~ment Loa~ Ongmal fo? 8a~k $iu~ for Cuiiamer ~ . u Canary fo~ Customer PROMISSORY NOTE Pink for File : 7~ 2 9c! . 00 . . Fort Pierce ~ F~a. J~nuary 14 . 29 ?5... I For value ~eceived, the undersigned (which term shall include any endo~sers or guarantors), jointly and severally, promise to pay to the o:der of ~lorida Bank at rort Pierce , the sum of ~even thousar:d two hundred r.i.re.t~? ~nd 00/~.0~--------------- ppLIARS ~t ~ (TOTAL OF PAYMENTS) in its office in ~'ort Pierce ~ , Flo~ida, consisting of P~oceeds to Borrower _ ~ ~000..00 . _ Unpaid Balance--AMOUNT FINANCED . _ 5.• = y` • ~6 ' ~ ~ Documentary Stamps __1Q• °S__ Credit Report . . . 10.00_ ~ . I~tangible Tax _ _ _ Other Costs . . _ _ -Q- _ Other Cost . _ Interest . 1-~ 657.,54 ~ _ ~ Credit Life Insurance _ __?~~.1$_ TOTAL fINANCE CHARGE . . _1.,~~w~4 . Disability Insurance .~QE,~___ ANNUAL PERCENTAGE RATE . 1~-_q~- Credit Life Insurance and Disability Insurance are ~ot required for credit. Such coverage is available at the above cost. . ~ ~ ' ' ~L ` i I desi~e Credit Life Insurance xx ~ ~~ia.,~c F(,cy%= ~ ' ~ L ie 1 R O•61AKER ~ ~ "~~uGxto~J~. I rlaeiro ~lie~hili~u fn~~~ier~~n XX 4_J~ ~ ~'1/' . , ..._...,1 Dc'~Y'~C~T~IAKER~~UXfiiOI1'CO-irtAKER vr. _ The Undersigned promises to pay the TOTAI OF PAYMENTS in . 69monthly installments of s....1~~.. 50 ~ each. commencing on the 2 0 t~y of _ Fe bruury... _ , 19 ? 5 and on the 2 0~ day of each successive month thereafter, together with a final/balloon payment in the amount of S 121. ~0 due o~ the 2 0 th day of . January , ig _ 80 , If this note shatl be prepaid in full. the undersigned shall receive a refund of a portion of the FlNANCE CHARGE oomputed 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 ;5.00 or 59(~ of the amount of such installme~t, whichever is less, may be made. If this note or any , installment thereof. shall be collected th~ough an attorney at law. undersigned shall be liabte for ihe cost of ~ collertion. including reasonable attorpey's fees equal to 109~ of the. principal sum or such larger amount as may be ~eas~able and just. - ~ If any installment shall not be paid when the same shall became due. the entire amount of this note. less ` the amount of any rebates ~equired 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. . - Presentment. Notice of Dishonor and Notice of Non-Payment hereby are waived by each maker. endorser, ~ 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 of any other State. , The undersigned hereby grant to Florida Bank at Fort Pierce , as security, ; a lien on that real property in: ~ St, .Lucie _ „ ~unty, Florida, known as No. . . 205 North ~7th . _ . _ Street _ ~ . i (~~Y) .For.t.Pier.ce State) -~--~'l~vx_xd~.-- . . . ~ h d warrant that: (a) the undersigned are the owners and the sole owners, of the above described property: (b) ~ t a t t h e u n d e r s i g n e d h a v e d i s c l o s e d t o t h e b a n k a l l p r w r l i e n s o n t h e a b o v e d e s c r i b e d p r o p e r t y; a n d ( c) t h a t t h e ~ ~ p~oceeds of this loan will be used for the improvement. alteration or repair of the above described premises. s I f the above described propert~r is transferred from the undersigned, whether voluntarily or involuntarily, or f ~ by ope~ation of law. if the undersigned or any of them becomes insolvent or a bankrupt; or if the above de- i ~ scribed premises are destroyed, either by fire or othennise, at any time prior to the full payment of this note, ~ ~ then, at the option~of the holder hereof, the unpaid balance of this ~ote shall immediately become due and ~ payable, without demand or ~otice. ~ THE UNDERSICiNED. AND EACH OF THEM ACKNOWLEDGE THAT AT LEAST THREE BUSINESS f < 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 NOT MAILED A NOTICE OF RESCISSION TO THE BANK, ' AND THAT THEY HAVE BEEN FURNISHED A COPY OF THIS NOTE. ~ Dated the date first above written. ` ; ~ ~ 2C~~ ~?th Street xx , ~iit ~ ~l~'% ~ . . /~lit ~c L.S. . (address) 8ri . U.jC Ori ~ . ~ ~ ~ 205 North 37th Street xx ~ ~ ~ y ~ ~ ~ (L.S.) ~ (address) • Lorra e t•:. Buxton ~ f IEO ~NG + ~ ~ s~~ 4~?~~~~~ou~~~`~~~: ~ ~ ~ ~ q GE~ fti~fRA! ~ HOE~iE MODBRNI`LATIO~ IAA'~ Y/ITH i~ORTGA4B ~~E~K ~~~~u~~ Fal~ql ~ 3 q RF~iR1 ygR'F~EQ~ww~ ~ ~ ~ ~ • M111 ~ _ ~ Fa~,_,~. e,,~k Z 49 PM'75 ~ . ~ 60~c~: ~ ~ ~ _ ~~~1 x ~ - ~ - , .E'p'i'w._., ._n _ , _ , . . . _ _ _.v.