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HomeMy WebLinkAbout0354 f 1 ~ ~ ~o ~iaue and to ~iold f~~~~ .an~~• fuyrl~ u•U~~ f~~~• Irn~•enrreh ~ir?r~~~funtrr~l• un~~ up~?urf~~ n~~ru rc l~~r?rlu ~~r~u~u~u~~~ un~~ f~n• ~~~?~f~. i~~uo~ u~u~ p~:~?1h f~u•?~•u~. unfu 1~~~• m~~rtyuqr~•. ~r~ ~~~np~~• f~~~• muri~~nr~ry ~~.rr?~nnl• uvl{~ f{~r rnu~t~~~q~~~~• 1{~ul t~~~• mu?I~~a~~u? uu~~ ~rusi~i~Y •~•~-~v~ o~ ~u~~~ lun~l u~ .u?ipl.•. tlu~! tl~~• ~nurt~~ngor hrn ~~~~~~~1 ru~lit wi~l (u~r~u~ nul{~uriiv Iu ~~~nr~~v ~ui~~ I~uul uc uJ~~rr .~ii~~. f~~nl f~~r muN~~~utur u•~~~ nrn~r ~ur~~ ~u~f~~rr ~e~~~u<~~a ~•s lu ~~~•r~w ( I~~r't~~• simp~~• lil~~~ to ~p~~~ (~~nt~ in i{~e n~urf~~~u~~•~• u, ?n~iv n~u,unnb~v 1~~~ ?i•~~uin•~~. il~nl 11~~• n~urt~la~~ur 1~~•r~~l~y ~u~~~ ~ru~~at~ls t1u~ ttt~~• to sai~~ ~ars~ 'i U~~~~ U•i1l 1~~•~~~r~~1 f~~~~ .Unie~ qr~~~i?i~f f/~t' IUI~~~U~ ~/O~nli u/ N~I ~1~•/~uRS t~~{~u/i1SU~•1'P?: O?1~' 1/~(lf SU1~' Itlflt~ ls ~tt~P i ~ I~•~~. ~~ll ~~~?~L.~~n~ The Mpr g r with the execution hereof covenants and l~grees inMortgagor's own behalfb~''~~~eirs, assigns, and devisees of the ortgagor that upon said property being sotd, assigned or transferrtd prior to the repayment of tfie loan on said property in full; the Mortgagee and / or the ity of Fort Pierce, Florida, shall be entitled to claim a lien against the roperty here.in mortgaged for any amount of interest, costs or expenses paid by the City of Fort Pierce for the benefit of the property herein involved; that any ~prepayment of the mortgage herein involved shall likewise entitle the Mortgagee nd / or the City of Fort Picrce for the reimbursement of any such interest and / ~ , r costs advanced as aforesaid. l . i he Mortgagee with the execution hereof covenants and agrec•s that upon default ~ and payment by the City of Fort Pierce of the amount of principal and interest ~ then due and owing after a default that the Mortgagee will assign the herein involved note and mortgage without recourse to rhe City of Fort Ptprcp, FZnri_~?. . ~rou~ded tways~ t~~~f i~ .ai~I nwrlqugu? s~~o~~ puy unto sau~ murtgagPe Itir ~~PNuin prontis .orV nnf~~ Iu~rri~tu(Ivr cu~~.hutfio~~V ~ op~~•r~ or i~~Pnlif i~•~. to u+if ~ ICO 69-40J-R-Rearder from: fon Unt Systtms. BoY 18527. 7ampa 33609 R~vised 2-70 Over s5000.-Secured w/real estat~-nonbatloon PROMISSORY NOTE ~ 3~ ~ ST. LUCiE ~OtiNTY BANK No. fORT PIERCE. fLORIDA = 6038•7b Marcb 8, lqq7 19 For value received, the undersiyned (and if more than one, each of them jointly and severallyl: promiss to pay to ths ~order ot St. Lucie County Bank, Eort Pierce. Florida . ' the sum of S~ ~a ~rt~~~t ; 76 00--~~~~G036.7~~M~° DOLLARS (TOTAL OF PAYMENTS), payab~e in_,~ mor?thly instafinenta of s~ ~~sach. on the r.~ab day of each successive month commencin~ on__ 19~~ together with costs ot collnction, includiny attomeys' fe~ equal to 10% of ths princiwl sum or suc arger aniownts as may be rsasonsble and just if collected by lepal procx~dings or tbrouph an attorneY at Iaw. All payments msde hereunder shall bs usdited tirst to interest and lawful chsrges d~en scuued and the remainder to principal. The amount ot this rwte includes.the proceeds of 5__~~~~.._, recordiny fea-ot 3--~. j3 - intan~ible tax of i j~.~7 dccucnentary stamp Wx o( S and Qther charpes ~r~ ~ • ~r'b6ZR a ot ~ _~~~.03 ot s___.~1•lg iresultinp in an AMOUNT FINANCED of i S4,L~.lB~-1. plus a f F1N CE CHARGE of ~~QZ.58~-(whkh amouM includes trtterest of #~59~38. credit Iife tnsurar~ce promium ot S of ~ ~ ~ and ht? charge~ fp~rib~ and st,t~ cost tw ~ach) ~ resu ing in an ANNUAL PERCENTAGE RATE of ~.99 96. The unde?signed has ttie right to prepay this losn in tu11 and obtain ~ a re und of the uneamed poRion oi the finance charge oomputed undet the "Sum of the Digits" rt~ett?o~d• j ~y CREWT UFE 1?ND CREDtT IIfE 6 DISI?81L17Y INSURAHCE ARE VOLUNTARY AHD NOT REQUIRED FOR CREDIT. Such Inwrsna covtrap b svaibbN at i cost dtsi~?ated Delow tw tM tarm of tM c~dit: t~) i i~~ ~ Cndit Lih Inwranu tD) ~ ~o? C~dN L~f~ ~ DissbNitY Insu ( Check ~ Chdit Uf~ Inwranc~ is d~sired on tM lif~ BiAf~dat~ ~ ~P~~. ~ CrWit lih 6 Dissbility Inwrsnc~ Is d~sihd on ~ 9ox ~ Crodit Lite and/or Oissbility Inwrsnc~ is not d~sind_ ~oaee~ _ a _ _~~s„n„~~ /S/ Ora Bernice Taylor PROPERTY INSURANCE. H writt~n In conn~ctbn wid~ thls losn, may b~ obtsin~d by tM ~x~dersl~n~d tnra~ ~nr p~rson of Ms choit~. It tM und~r- si~n~d d~sins P?uWrtY Ienuraae~ W b~ obtsln~d th.ou~fi tM enditor. tM eost MriN W: tor ~ t~tm of montha. R in the event srry instalmeiit of p~ncipal is ~ot- paid when it becomes due, the eMire amouM of this note, bss the amount ot am ~ rebates ~equired by taw, shal{ baome due and payabte at tt~e ~ieetfon of the hokkr. ~ The holder is hereby authorized to appty, on or aker maturity. to the paymeM ot this debt, aay tunds or property in possession af fwWer be~ongiag to the Maker. surety, endorser, gusrariior, ar ar+y orie af them, end aii e+~dorsers and sureties sgree that this note may. in whole or ~ in part, be txtended or renewed trom time to tlme without notice to them and without rclesse of their liability hereon. ~ ~ PresentmeM, notke or dfshonor and notice of non•paymerrt are hereby wsived by each maksr, endorser and other party to this note, and each of them do hereby waive the right to be sued atter defautt in tha oouM~r ot their rasidence. ~ SECURITY - This loan is securcd by a Mortgage of even dste on the fdlowing desc~ibsd real Property: (Desc~ibe~. ~ Iet la _Hl1t 1~`iu~~,"~ ~AAitie~ ~?in~+e+in p~_ ~ pl~~ Book I.~gs 32 s.,},~ ~.~„-~a ~t - L~wi~ ~uatv. pl. _ . . ~ 4 The Mortgage will securo futuro or other indebtedness and will cover siter soquirod property. ~ The undersigned acknawlad8es receipt of s oompleted copy of this note on the sbwe date. ~ ~ (Addiess) G~• Pi~so~, Tl. 33450 Sl~sp~m. -/sl Ora Bernice Tavl~ SEAL ~ ~ (Address) ~ stazaps affixed to original SEAl. I {Addressj S~ . 0. ~ ~ "~p ~65 ~ 350 ~ e::r _ . ~