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HomeMy WebLinkAbout0735 Instsliment loan-PropeRy Improvement Loan Or~g~nsl 1or Banw Btu! lo~ Cuitomcr Ca~ary lor Customer PROMISSORY NOTE Pmk for F~Ie s l,2S2.40 V~t+o ~b . Fla. . 19 » For value ~ece~ved, the undersigned (which term shall ~nclude any endorsers or guarantors), jaintly and severally, promise to pay to the order ot ~~RIDA flRST NATIONAL BANK AT VERO BEACM , the sum ot !MO lbons~ !1~ il~di7d ~1l~t~o ~ ~0/10~ DOLLARS (TOTAL OF PAYMENTS) in its oNice in , Ftorida, consisting of Proceeds to Borrower _ 2.OQO.OQ__ Unpaid Balance-AMOUNT FINANCED __.;~p~,;~ - Ootumentary Stamps _ __~:~5__- Credit Repo~t ---4- Intangible Tax _..____4.~4_- Interest -__14~.2Si__ Other Cost gt~t.~ r~ i 6.C._ 2~.QD- TOTAL FINANCE CHARGE i9D-4S Credit Lite Insurance __3b.?Q- TOTAL OF PAYMENTS __gi_~~~~ Disability Insurance . _ . ANNUAL PERCENTAGE RATE . Credit Lite Insurance and Disability Insurance are not requ for credit. Such coverage is available at the above cost. I desire Credit Life Insurance ~ ~ ~IAKER CO-llAKER DA E 1 desire Disability Insurance ~ NAlCEk CG•lIAKER DATE The Undersigned promises to pay the TOTAL OF PAYh1ENTS in 2~ monthly installments of ~ 93.65 each, commencing on the is~day of Apnl , 19 7~ and on the lSt]s day of each successive month thereafter, together with a final/balloon payment in the amount of 5 93.65 due on the day of . 19 ?9 . If this note shall be prepaid in tull, the unde?signed shall receive a retund of a portion of the FINANCE CHARGE computed by the "Sum oi the Digits" method. If any installment shall not be paid within ten (10) days after the same shall become due, a service charge of y5.00 or 5°,ro of the amount of such installment. whichever is less, may be made. If this note or any installment thereot, shall be collected through an attorney at ~aw, undersigned shall be liable for the cost of collection, including reasonabte attorney's fees equal to 10% ot the principal sum or such larger amount as may be reasonable and just. j H any instaltment shall not be pa~d when the same shall become due, the eMire amount of th~s note, less ' the amount of any rebates required by taw, become due end payable at the elect~on of the holder, and such ~ unpaid amount thereafter shall coM~nue to bear interest at the rate used to compute the FINANCE, CHARGE j until pa~d. f ' Presentment. Not~ce of D~shonor and Notice of Non-Payrnent hereby are wa~ved by each maker, endorser. ~ or other party to this note, arrd each of them hereby do wa~ve all exemptions, whether homestead or othe~- ~ wise, to which ihey or any of them now or hereatter be ent~tted to under the laws of the State of Florida. or ~ of any other State. ~LORIDA Fi~~T ivATI~PL4t 6ANK AT VERO BEACH ~ The undersigned hereby grant to _ _ as security, ! 1119 Nemlock Circle ~ a lien on that real property in: ` St. Lucie , County. Flor~da, known as No. T'~~~~~lK~~~ Street (City) Yort Pisres , State) . Florida , and warrant that: (a) ihe undersigned are the owners and the sole owners. of the above described properiy; (b) that the undersigned have disclosed to the bank all prior liens on the above described property: and (c) that the proceeds oi this loan will be used for the improvement. alterat~on or repa~r oi the above described premises. ~ It the above descr~bed property is transterred irom the undersigned, whether voluntarily or invol~ntarily, or by operation oi law, if the undersigned or any of them becomes ~nsotvent or a bankrupt: or ii the above de- ~ scnbed premi~es are destroyed. e~ther by fire or otherwise. at any t~me pnor to the full payment of th~s note. ~ then, at the option oi the holder hereof, the urz~~a~d balance of this note shal! immed~ately become due and „ payable, w~thout demand or notice. ~ THE UNDERSIGNED. AND EACH OF THEfVI ACKNOWI EDGE THAT AT LEAST THREE BUSINESS ~ DAYS PRIOR TO THE EXECUTION OF THIS NOTE. TNEY RECEIVED ALL OF THE DISCLOSURES PROVIDED ~ FOR UNDER THE CONSUMER PROTECTION ACT. THAT THEY ENTERED INTO AN AGREEMENT CONSUM- ~ ATING THIS TRANSACTION. THAT THEY HAVE NOT NIAllEO A NOTICE OF RESCISSION TO THE BANK. ~ AND THAT THEY NAVE BEEN FURNISHED A COPY OF THIS NOTE.~ ~ Dated the date first above written. ~ ~ / ~ , Yort PteYCe. PL 33450 t~l-d~_ (l.S.) _ _ ~ 1119 H em 1 o c k C~~ ~~~e Jes s F1~zyr.~an Porter ~ '..~~-c._ _ _ t .S. . ~ _ "Sa11 ( ) (aci~iress) ' Y y W. ~O!'t@T ~ ~ . Florida docun+enf~ sfan+ u~r~d 6y t,. t~ ~ th1 Nno~n? 0/ ar~ affi:ed h mon~i~lr ~ournsl ~nd canulkd:' ry~y~ ~"l ~ l ix ~ . 4<< - F''.~nk ~~YV