HomeMy WebLinkAbout0609 HOMB 1111PROVEMBNi' ~ ' •
No88 s31 l~a . PROMISSORY NOTE 19
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FOR VALUE RECEIVED, the unJeraigned (and if mo~e than one. each of them jointly e~d xverally). promisa to pay to the order of
, Florida. the principd sum (Amount Finanoed)
designstcd below, together with Financc Chargcc trom the datt he~coi at the Annual Percentages Ratc desi~oattd below per annum on the full
amount ot uid pri~cipal sum romaining irom time to time unpaid. payabk io iostallmcnts as hereinaftt~ provided, togethe~ with costs of coliec-
tion, including s rtasonable attorney's fee if colkcted br le~al proceedi~ga or through a~ attorney at law. All payments taade hereunder will be
credited 6rtt to interat u~d lawful chug~ then accrued, and the remai~der. to pri~cipd. .
1. Proceeds of Lwn (i)
2. lnsuranoe (include only if premium fiaancod hercunder-specity types of
oovenge and atate premium for each)
i t2) - .
S. O~cial Fea:
Recording s
latat~ible Tu =
Documentary Stamp Tax =
Other Cturges: • . _
i J
ca..~e.?
Total O~cid Fea = R_ lA •
4. Crodic Life Inaurance Premium = Z39.73 (4)
S. AMOUNT FINANCED (1 + 2+ 3+ 4) = s~
6. FINANCB CHARGE (interut only) ; 1752.01 (6)
7. TOTAL OF PAYMEN7'S (S + 6) = f,9Q9 ~ Ad p)
. 8. Your ANNUAL PERCENTAGE RATE is _.~~y (8) ~
The above TOTAL OF PAYMENTS shal! be payable in ~a monthly inatallments of = ~ each. on the .
lg~_.day of eac6 sucttsaive month commencin~ on .'19~-.
T'he amounu referred to above have bcen computed upoa the auumption that aq insallment payments will be made on the reapective tched-
ulod due data. The FINANCE CHARGE is impased on the unpaid outatanding balance of the AMOUNT FINANCED. If any inatallment is aot
paid in full on such due date the undersigned wiq be obligated to pay such additional amounts as may become payabk by reason of the a~t?tinu-
ing aecrual of FlNANCE CHARGES at the ANNUAL PERCENTAGE RATE designated above. Any caulting charga ~cruing on aocount of
failurc to malce timely payment on the due data will cauae inereasea in some of the amoun~ designated abore, and such aggreg~te inereate s6~ll
be psyabk at the time of tLe last iostallment if auch charges do not cause the amoant of the lut instellm~nt to ezcood twice the amatat of the
daigaated monthly insaWnent. otherwise the raulting charses shall cause the number of payments to be extended. provided. however. that no
such extended installment payment shall excced twice the amount of the designated morithly installment. My installment payment made prior
eo anr ~ aace or daus. or .~r Qrep.~nc. will cauae decrtases in some of the amounts daignated above for the rtaao~ that the unpaid out-
st~ndia~ balance of the AMOUNT FINANCED will be reduced ~nd the ANNUAL PERCENTAGE RATE daignaced above ia applied to wch
roduad outttanding balance. •
The undersigned has the right to prcpay this indebtedness. in whole or in part. witlwat penaltp at any time upon the papmeat of accrued '
FINANCE CHARGES to the date of prepayment. provided, however. that aay putid prepayment shaU be applied to the installment or imtall-
menta of principal last matuciag hcreunder. Upon prepayment. the undersignod shall obtain a refund of the unuaed portion of the cradit life
~ insurance premium included in the AMOUNT FINANCED computed under the "Sum of the Digits" ("Rule of 78") method.
I PROPERTY INSURANCE, if written in contxction with this loan~ may be obtained by the undersignod through any peraon of his choioe.
Such insuranct is not availabk thmugh the above namod bank.
CREDIT LIFE INSURANCE IS VOLUNTARY AND NOT REQUIRED FOR CREDIT. Suc6 insu~ance coverage is availabk at a co~t
of ; ~ ~ fos the term of tbe credit.
Credit Life Insurance is desired oo the life of:
~
iie~r---Feaee~~ d~-5--~3 ~7 ~tt
. fSf Henns FI7CGP~~ .TY_ _ ~
ll~urdl
IDab) llawtnd)
In the event any installment of principel and intereat is not paid when it beoomes due, the entire amount of this nate. less the amount of
any rebates rcquircd by law. shall immediately and without notice become due and peyable at the election of the holder.
Pcaentment, notioe of dishonor and notice of non-payment aro hercby waived by each maker, endo~ser and other party to this note, and
each of them do hereby waive the right to be sued after default in the county of thtir residence.
SECURITY - this loan is socured by a Mortgage of even date oovering the following described property: (Describe) ~
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Bnak 6_ Pa'e 9_ [~f tha A~hl ~ r~ RarnrAQ nf sr _ T.ucie C^t~1'itj.~ Fla. T~Y ~i a 3rd Mtg. t
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TLe Mortgage will secure future advances not to exceed = and will cover after scquired property. °
The under:igned acknowlodges receipt of a compkted copy of this note on the above dste.
• ~~a,~) 0 -~s~--;ieH~-F~sv2}}~~a`.? (SEAL)
~
~s/ willa Mae Fussell ~
(SEAL)
ceea~...? ~eiso~we.~
CUSTOMER COPY
Doc. Stamps affixed to original note
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