HomeMy WebLinkAbout1396 nv..tia aw~~sv.as..c.s.• .
PROMISSORY NOT~ ~
vo. 831 234 sept. 8. , t9 75
FOR VALUE R~C~IV~D, the undersigned land if more than one, each of thcm ~oiniiy und sc~•cr;,iiyi, promises to pay to the order of
$un Hank of St= Lucie Cotinty , Ft. P~g}CQt , Fi~rida, ttu principai sum lAmuunt Fi~snctdl
designated below, together wiih Finance Charges from tht date hercof at the Annual Percrntag~ Rac~ Jc~ignated below per ~nnum on the full
amount of uid p~incipal sum rcmaining trom ~ime ~o time unp~id, payable in installments as hereinafter pruvid~d, togethor with costs of colla.-
~ion, including a roaso~abk sttorney's tee it collected by legai procading~ cx ?hmugh an attornrv at Iaw. All peymrnts made hereunder wili be
credited Gr~t to interat and law(ul charaes then accrued, and the rcmainder. to principal.
1. Pt~ooeeds ot Loan s 5, nnn _ AA (i )
2. ltuurance linclude ortly ii premium finonced hercunder - specity types of
coven~e ond :ate pcemium tor each)
= None ~Z~
3. O~cial Fea:
RxadioQ t
lntan~ibk Taa ~
Documeatary Sump Taz S ~_b5-
Other Char~a:
s
cd..erie.l
Toul 06cid Fea S 7.65 (3)
Ciedit Life In~utat~ce Premium i ~1~---(~)
S. AMOUNT FINANCED (1+2+3+4) i ~A^v~-r6r-=S~
6. FINANCE CHARGE (iaterac only) $ 1375.75 rb~
7. TOTAL OF PAYMENTS (S + 6) S 6383 . 40
8. Your ANNUAL PERCENTAGE RATE is ~ ~ %(8)
Tbe above TOTAL OF PAYMENTS sh~1! be payable in b0 monthiy installments of S 1l16 39 eacb. on the
Q~_.dap of each ~ucassive month rnmmencin~ on Q .19~.-.
The amounts reEerced to above have been computed upo~ the assump[ion that sU insc~ilment paymcnts wili be made on the respective uhed-
aled due data. 7'he FINANCH CHARGE is unposed on the unpaid outstunding balance oi the AMOUIvT FI\AtiCED. if any installment i~ aot ~
paid iA full m~ such due date the unde~signed will be obligated to pay such additconal amounes as may oe~:ome payeble by reason of the contintr
ing aocrual of FINANCE CHARGES at the ANNUAL PERCENTAGE RATE designated above. Any resuiting cherges accruing on account of
failure to tnake timely pqrment on the due data will cause increases in some of the amounts designated above, and such aggregate inerease shs11
be payabk at the time of the last instaliment if such charges do not couse the amount of the tast installment to eaceed twice the amount of the
designated monthly installtnent. othetwise the resulting chargu shall cause thc number of ~eymenu to be extended, provided, however, that no
such exu~ded installment paymeot shall eacceed twice the amount oE the daignated mor~th.iy instaltment. Any installment payment made prior
to any due date or data. or any prepapment, will cause decreases in some of the amounts designatod above for tbe reason that the unpaid out-
standin~ baLnce of the AMOUNT FINANCED will be rcduced and the _ANNIiAL PERCEtiTAGE RATE duignated above is applied to such
reduced outtianding bal"ance.
The undersigned hu the tigbt to prepay this indebtedness, in whole or in part, without penalty at any time upon the payment of accrued
FINANCE CHARGES to the date of prepayment, provided, however, that any pertiat prepayment shal{ be applied to the installment or install-
cnents oi principal iatt maturiag hereunder. Upon prepayme~t, the undersigned shait ob.sin a refund oi the unused portion of the credit Ilfe
insurance premium included in the AtiIOUNT FI[~iANCED computea under the "Sum of che Digies" t"Rule oE 78") method.
PROPERTY tNSURAAICE, if written in connection with this foan, may be obtained by the undcraigned chrough any penon of his choia.
Such insutance is not availabk tluough the above namcd bank. .
j CREDIT LIFE 1NSURANCE IS VQ!.UNTARY AND NOT A~i2lJIRED FOR CREDIT. Such :nsuraace co~a:age is available at a co~t
~ af = for tbe ecrm of the credit.
f Crodit Life lnwraace is deaired on the life of: -
~
~ /s/ Karen R. Wolf
~ ~~.a? ~tnw,roa~
~
IDab? 1lnaredl
In the event anr installment of principal and interest is not paid when it becomrs dUe, the entire amount of this note, less the amount ot
any rebates rcquircd by law, shaU immediately end without notice beeome due and payablc at the elecsion of ti~e holder.
~ Presenunent. notice of dishonor snd notice of non-payment are hereby waived by each maker, endcrser end o~her party to this note, and
~ each of lhem do hereby weive the right to be sued aiter default in the eounry oi thtir rts'sd~nce.
SECURITY - this Iwn is securod by e Mortgage of even dete covering the foltowing dexribed propeny: (Describe)
~ Real Estate Mortgage on file in the Public REcords of 5t. Lucie County, Fla.
;
~ This is a second mortgage. ;
3
The Mortga~ will secure future advances not to exceed = and will ~o~-er aiter acquirc:d p:o~+er:y.
~ Tbe undersi~aed acktwwled~es receipt of a cor.?pkted copy of this note on the aiwve dete.
750 Tumblinklinct Rd. Ft. Pierce, Fal. /s/ Richard Frank Wolf tSEAL)
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~
~ _ Js/ Karen R Wolf tSEAL)
Doc. stamps affixed, to original ~ BA,vK COPY
note $A`Ru't~l.~J
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