HomeMy WebLinkAbout2641 NM1F. IMPR(~Y~:ME:tiT '
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PROMISSORY NOTE K.,~? 16. ig~s
vo. . ~9
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FOR VA~E'~~. ie~si~il~n~',~'/ tVpr~. euh of them jointly and sevenlly). promises to paY to the order of ,
. Florida. the principal sum (Amount Financedl ~
dcsignated below, to~tether with Financc Chargcs trom the date hereof at the Annual Percenta~e R~te desianstod bebw per an~um on the tull
amount of said princiDal sum remaining from time to.time unpaid. payable in instalimenta u hereinatter provided. toaether with co~ts of colla- 4
tion, including a reuonablc attorney's tcc it collected br legal ptooeedinst or through an attorney at lew. Aq p~ynx~ts made heceunder will be 1
credited fint to intereat ~nd Iswiul charge~ then aocrued, and the ~i~der. to principal.
1. Pe~occ~ ot Loan = (1)
Z. lnsurance linclude only if prcmium financed he~eunder - specity typa of
coverage and :tate premium for each)
j (2)
3. O~i~l Fea:
Rceording i +
Intangibk Tu
•
Docun?entary Stunp Tax i
Other Ch~rge.s:
i
~d.~.:e., 6.~'S
Tou~ oe~~~ F~ ~-Y3T:1t'-cs~
4. Crtdit Lite Inauraace Premium 4~
~
5_ AMOUNT FINANCED (1 + 2+ 3+ 4) i s)
6. FINANCE : HARGE (interat onty) ~ 6~ ~
' 7. TOTAL OF PAYMENTS (S + 6) i ~ ~ ~ ~tn ±
8. Yow ANNUAL PERCENTAGE RATE is '
'~t~ove TOTAL OF PAYMENTS sh~ll be pay~bk in ~ ~monthly insullmenb ea~h. on d~e ~
day of each successive month ~in= on . 19 . i
Tt~e amounts referced to above have been canputtd upon the usumption that all iasullment paymeau wiU be made on the rapective ~ehed- ~
ulcd due dates. Thc FINANCE CHARGE is imposed on the unptid outsanding balanoe of the AMOUNT FINANCED. {f aay installaxat is not
paid in full on such due date the undersigned wiU be obligated to p~y such sdditiond amounu as m~y beootne pay~bk by rea~oa of tlre continw
ing accrud of FINANCE CHARGES at the /1NNUAL PERCENTAGE RATE daignated above. Any raultina clurga icctuinj ou ~oouat ot
feilurc to maka ti~ly pa~rment on the due data will cause increues
in :ome of the amounts daiputed above, and such aaregate ine,~ea~e ~6a11
be pay~ble ac the time of che lut installmenc if auch char~es do not cau:e the amount of the la~ imullmeat w exoeed twtce the ~mount aE t6e
de.signated moneWy insaliment. otherwiae the resulting char~a shall cauae the number ~ payn?enn to be e~ctended. provided, howrever, d~t no
such e:tended installment p~yment ahaU excsed twioe the ~mount of the daignatod awnthly instdlment. My inttallment paymeat made prior
w any due date or data. a.,~r ~ew~~. wiU cause dxreaaa in some of the amouats desigaaced above for the reawn that the unp~id out-
standin~ balance of tf~e AMOUNT F[NANCED will be reduced snd the ~NNUAL PERCENTAGE RATE daip?ated abmre is applkd to utch ~
~ teduced outsanding balaacx. ~
The undersigned has the right to prep~r t6u indebtednas, in whole or in part, without pen~lry at sny time upon the psyment of ~octuod
EINANCE CHARGES ~o the date of prcpayment, providod; howerer. that ~r?y putid prepayment shall be ~pplied to the in~tallment or in~ull- ~
I ments of principal lut maturing hereundsr. Upon Prepaymeat. the undersigned sliall obuin ~ refund of the unwed portion of the credit life }
` inswance premium included in ttx AMOUNT FINANCED computed under the "Sum of the Digits" ("Ruk of 78'~ method. ~S
PROPERTY INSURANCE, if writtrn in oon~ction with this ban. may be obtai~d by the uadersigned thr~~h aq~ perwn of his choice.
Such incuraace is not availabk through the above n~mod bank.
CR~~I'~~E 1NSURANCE iS VOLUNTARY AND NOT IZEQUIRED FOR CREDIT. Such insura~e covera~e iu avail~bk u a co~t
of ; . for tbe term of the credit.
Credit Lifa Insura~e is desiied on the life of:
~ ?haw L• 8radc ~
Ma3r 1 . 1975
/s 4
,
~nw~ c~~.a~
- ;
~aa~ ~t~.a~
!n the event any inscallmrnt of priricipal and interat is not paid when it beooma due, the cntire amount of this ~te. las the ~mount of
any rebates required by law, shali immediately and without notice become due and payabk at the ekction of the holder.
Presentment, notia of dithonor and notice of non-p~yment are hereby w~ivod bp each maker, rndor:er and other party to this note, and
each of them do hercby waive the right to be sued after defAUlt in the county of their raidence.
SECURITY - thia lwn u aecured by a Mo oE even date oov the followiRg describo~ pm rty: (Deacribe)
R~?1 Eatat~ Mort6aat oa~ila in Publie~t~oos~d~s o! St. Lua~i Cownty~ ~lor'i~d~
The Mortgage wiil secure future advanca not to exceed = ~nd will oover dter acquirtd propercy.
The undenigncd acknowledga raeipt o! a compkted copy of this note on the abov date. t
~
~OO Ysl,MLtO A~~W~! ~e~ i (SEAL)
ceaa~~ ~ ' ~
Fc~t Pl~ros, Floridn 33~?50 /s/ • csE~c~
lAdd~) f~~
CUSTOMER COPY
Doc. etamps affi~ced to original note '
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