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HomeMy WebLinkAbout1126 Insta~lment lcwn-Property Improvrinent Loan , Onginal 10? BaTk Blue lor Custnmer PROMISSORY NOTE ~nk or F e Customer s 7~281.50 F`~rt. PiPrce~ . Fla. ~ebru~ry 4 19 75 ` ' t For value received, the undersigned (which te~m shall include any endorsers or guarantors). jointly and severalty. p~omise to pay to the o:der of Florida Bank at Fort Pierca , the sum Seven thousarrd tMO hundred eighty one and b0,(100-----•---~ ' ~ of DOLLARS (TOTAL OF PAY~VIENTS~ in its office in ~'ort Pierce ~ Florida Florida, consisting of Proceeds to Borrower 5~~~•~ _ Unpaid Balance-AMOUNT FINANCED ~~~~~68 - Documentary Stamps 10.95 Credit Report Intangible Tax '0- _ _ - - Other Costs Other Cost . . - "Q'------ Interest _ _ 1,680. 9z . Credit life Insurance 273•?? TOTAL FINANCE CHARGE . 1~690.92 ' Disability Insu~ance . 3~1•~_ _ ANNUAL PERCENTAGE RATE 10• ~ °}f~ Credit Life Insurance and Disability Insurance are not required for credit. Such coverage is availa le t ~ the above cost. ' George E. Hogan .Jr. xA ~ t t~~ I desire Credit Life Insurance - MAKER CO-MAK R I desi~e Disability Insurance George E. Hogan~Jr. xx f`~ " L,G MAKER CO~MA R ~ The Undersigned promises to pay the TOTAL OF PAYMENTS in monthly installments of S 121.36 each, commencing on the 1~ day of ~~h . 19 75 and on the l~h day of esch successive month thereafter, together with a final/balloon payment in the amount of s 1~•~ due : on the lOth day of Fe~y , 19 If this note shall be prepaid in full, the undersigned shall receive a refund of a portion of the fINANCE CHARGE computed by the "Sum of the Digits" method. tf any installment shalt not be paid within ten (10) days after the same shall become due. a service charge of =5.00 0~ 596 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 attorney's fees equal to 10°,i(~ of the principal surn or such larger amouM as may be reasonable 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 requi~ed by law, become due and payable at the election of the holder. and such unpaid amount thereafte~ shall continue to bear interest at the ~ate used to compute the fINANCE CHARGE until paid. - ~ Presentment. Notice ot Dishonor and Notice of Non•Payment hereby are waived by sach maker. endorse~. ~ or other party to this note, and each of them hereby do waive all exemptions, whether homestead or other- ; wise. to wh~ch they or any of them now or he~eafter be entitled to unde~ the laws of the State of Florida, or ~ of any other State. ~ The undersigned hereby grant to Florida Hank at Fort Pierce , as security. l . ; a lien on that real property in: . ~ . . . . ~ St. ~ucie , County, Florida, known as No. ~8 ~~e . Stre~t ~ . ~ (City) . Fort Pierce . . . State) Florida . - € ! and warrant that: (a) the undersigned are the owners and the sole owners. of the above described propertr; (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. If the above described property is t~anster~ed from the undersigned, whether voluntarily or involuntarily. or ~ by operation ot law, if the undersigned 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. s then, at the optio~ oT the holder hereof, the unpaid balance of this note shall immediately become due and ~ payable, without demand or notice. ~ THE UNDERSIGNED. AND EACN OF TNEM ACKNOWlEOGE THAT AT IEAST THREE BUSINESS ` ~ OAYS PRIOR TO THE EXECUTIOW OF THIS NOTE. THEY RECEIVED ALL OF THE DISCLUSURES PROVIDEO + ~ FOR UNDER THE CONSUMER PROTECTION ACT. THAT THEY ENTERED INTO AN. AGREEMENT CONSUM• ~ ATING THlS TRANSACTION. THAT THEY HAVE NOT MAILED A NOTICE OF RESCISSION TO THE BANK. AND THAT THEY HAVE BEEN FURNISHED A COPY OF TNIS NOTE. . t? ~ Dated the date first above written_ ' z 3406 Dale P1aCe Yx /_G*~ ~ , (L.S.) ~ {adAress) eO • ~ = 3446 UalP Place ~x » (L.S.) ~ (address) ~ ' :z Y ~j~iuGit ~ ASC~: c ~ •r ~ ~ p:t~'._ :;.ut1 GouRi ..~•)~;~.~~'1.l?TIi;:. I.I=A.: iiiiri j:~R'iGAi;:. CIERlC ~ ~ . ~ p~p~~r.1'~c . .1_~ ~ ~ ; Form • 156 - B1a a' ~ - sooK ~ ~1~ - ~ ~ W ~ , . . . ~ ~ . ~ - _ _ , .