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HomeMy WebLinkAbout0041 ~ C'~. l~.~YYVG'1n/l /'~CJ~C cr rV ' h J, Ins;~llmen an perty Imp~ovement Loan ~ 1 Or~Q~nal tor 8ank ~ 81u~ tor Customer ; ' Canary tor Customer • ~ PROMISSORY NOTE Pink to~ Fl~e i ~ 985• 96 ~ Fprt P~eroe, , , Fia.. , Noxe~ber _ _ 19...7~ . For value ~eceived, the undersigned (which te~m shall include any endorsers or guarantors), jointly and seve~ally, promise to pay to the o:der of Fiorida. Banlc at Fort Piarce , the sum of Sleven thou$and nine hundred. eighty. li~e ane 96/ioo------ DOI.U?RS {TOTAL OF PAYMENTS) in its oHice in Fort Pisrae , Florida, consisting of Praeeds to Borrower 500.00 _ Unpaid Balance-AMOUNT FINANCED _$,.~53__ .___21 Oocumentary Stamps QO _ Credit Report . _ _ _ 1,~.00~_ Intangible Tax _ -.Q- _ . Other Co:,ts -0- _ ~~Z~ Other Cost . -0- _ Interest _ ~t31~~ ~ , Credit Life Insu~ance 7 years 6~1_.~6. TOTAL FINANCE CNARGE __,~~~~:~2_..~,~ Disability Insurance 5 years ~Q3..~~__ _ ANNUAI P~RC~N~TAGE RATE 9.2.6 Credit Life Insurance and Disability Insurance are not required for credit. Such coverage is available at the above cost. , ) l ~ I desire Credit Life Insurance ? 3~eA~'e u . ~ ~ iCe 1~1~ E 9' C R 1 desire Disability Insurance~'j years oAly ' 1[aurice K BourReo s M~i ; The Undersigned promises to pay the TOTAL OF PAYMENTS in montfily jnsta~ments of S~ ~1~2, 69 = a 'v~1 each. commencing on the ls~fay of Deaeaber , 19. ~5 and on the 15~.... day of each ~ ~ . ~ successive month thereafter, together with a final/balloon payment in the amount of E 1~2.69 due , ~ on the 15th day of Novenber . 19 82 . If this note shall be prepaid in full, the undersigned ' shall receive a refund of a po~tion of the FINANCE CHARGE computed by the "Sum of the Digits" method. F ~ If an installmeM shall not be ys afte~ the same shall become due, a service # ~ y paid within ten (10) da ~ - charge of E5.00 or 5°,Yo of the amount of such installment, whichever is Isss, may be made. If this note or any ~ installment thereof, sh~tl be collected through an attorney at law, undersigned shall be liable for the cost of ~ collection, including reasonable attorney's fees equal to 1096 of the principal sum or such larger 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 required by law, become due and payable at the election 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 Dishonor 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- w+se, to which they or a~y of them now or hereafter be entitled to under the laws of the State of Florida, or of any other State. ~ ~ The undersigned hereby grant to FlOrlda Ban][ at Ft. PierCe , as security, ~ a lien on that real property in: • ~ g St. I,uCie , County, Fl~rida, known as No. ~'?l$ S~ise B1Td. . Street . $ ~ ~ Fort Pieree. state) Florida 33!~5~ ~ . . . . (C~ty) - . _ . ~ and warrant that: (a) the undersigned are the owners and the so(e owners, of the above described property; (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. # ~f the above descnbed property is transferred from the undersigned, whether voluntarily or involuntarily, or ~ by aperation of law. if the undersigned or any of them becomes insolvent or a bankrupt: or if the above de- ~ scribec~ premises are destroyed. either by fire or otherwise, at any time pnor to the full payment of this note, ~ z then, at the opt~on of the holder hereof. the unpaid balance of this note shall immediately become due and ~ payable. w~thout demand or notice. ; THE UNDERSIGNEO. AND EACH OF THEM ACKNOWLEDGE THAT AT LEAST THREE BUSINESS i ~ DAYS PRIOR TO THE EXECUTION OF THIS NOTE, THEY RECEIVED All OF THE DISCIGSURES PROVIDED z 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. , ~ ~ ; 4 aR ~ ~~l- C~~.r~w; ww ~1 ~~d S• ~S ~~.Tp ~ (addre 5) ~ta cs S. Bonr eoi , dr. ~ ~ ` ~ L /t,l ~ ~ (L.SJ ~ (address) LOTTa~11e `BOllrge / _ ~ ~ ~ ~ ~ ~ ~ HOl~ MODERIYIZATION LOkN WITH MTG . 600K ~~6 PAGE ~ Farm - 456 • B~sek ~ , ~ , - - - - - - _ _ } `r ~ . . . _ _ _ . ~