HomeMy WebLinkAbout2719 ~nstallmrnt Loan-Property Improve~nent Loan Or~g~nal for 8ank
Blu• tor Customer
Canary 10~ Customer
PROMISSORY NOTE Pink tor Flle
. ~.~5.~+1., 60 Fort Pisrce . F~a. . . ...Maroh 19 , 19..7,5.
For value received, the undersigned (which term shall inClude any endorsers or guarantors), jointiy and
severally, promise to pay to the o:der of =,~'~~r~dp.. Batlk at Fort Pierce---------. , the sum
of .Two thousand five Hundred one a~ .60/~.00----------------------- DOLLARS
(TOTAL OF PAYMENTS) in its office in Fort Pierce, , Florida, consisting of
Proceeds to Borrower 2_,OOQ..OQ _ Unpaid Balance-AMOUNT FINANCED ~,1~.1L_
Documentary Stamps 40__ _ _ ~ Credit Repo?t . . . _..~.Q~Q4..____
Intangible Tax -0~ _ . _ _ _ _ _ Other Co:,ts . . _ _ ~4-_ ~
Other Cost _-0-__---__ Interest . ~86:44
~ Credit life Insurance • • 5?.2~ . _ TOTAI FINANCE CHARGE _ __~96__.____49 _ ~
Disability I~surance 83_~4~__ ANNUAL PERCENTAGE RATE ~1.36 g{~
Credit Life Insurance and Disabilily Ihsurance are not required for credit. Such coverage is available at
the above cost.
~ 7 .
1 desire Credit Life Insurance XX ~ ~
Rober~ ~~utr AKER CO~IiAAKER.
1 desire Disability Insu~ance XX ! ~
Robert J A MAKE CO-htAKER
The Undersigned promises to pay the TOTAL OF PAYMENTS in 36 . monthly installments of s?0. b0
each~ commencing on the 2~thday of Agril 19.?5 and on the ....2Qth day of esch
successive month thereafter, together with a final/~61t~d[~ment in the amount of s.~Q...64 due :
onthe .20tA dayof March , 19?8... If this note shatl bg'pr`~paid`ln,fult.~the undersigned =
shall receive a refund of a po~tion of the FINANCE CHARGE computed by~the'"Sum of the Digits" method.
If a~y installment shall not be paid within ten (10) days after the same ahall become due, a service
charge of s5.00 or 596 of the amount of such installme~t. whicheve~ 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~ of the principal sum or such iarger amount 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 electio~ 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 Oishonor 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, o~
of any other State.
Tfie undersigned hereby grant to Flerida Ban~ a~ Fer~ PierC.e . as security~ -
.
~ a lien on that real ro ~
~ P PertY in:
; .
' ~aint Lucie , County, Floride, known as No. 114.. Ro.selyn Avenua..... Street
i (City) . Fart. P.ierce.,. State) ._Flar~.da . .
~
~ and warrant that: (a) the undersigned a~e the owners and the sole owners. of the above described property; (b)
that the undersigned have disclosed to the bank all p~ior 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 desc~ibed premise5.
~ If the above described property is transferred from the undersigned. whether voluntarily or involuntarify, or
; by operation of law, if the undersigned or any of them becomes insolvent or a bankrupt; or if the above de- ~
scribed premises are destroyed, e~ther by fire or othenivise. at any time prior to the full payment of this note,
- then, at the option of the holder he~eof, the unpaid balance of this note shall immediately become due and
~ payable, w~thout demand or notice.
~ THE UNDERSIGNED. AND EACH OF THEM ACKNOWLEDGE THAT AT LEAST THREE BUSINESS
~ DAYS PRIOR TO THE EXECUTION OF THIS NOTE, THEY RECEIVED ALl OF THE OISCIGSURES PROVtDED
; 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.
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` 110 Reselm Avenue Fort PierCe XX ~ ~~.g.~ '
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