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HomeMy WebLinkAbout0608 i ~ ~o ~~1uc and to ~{old f~~r .~iru~ f.~~~~ f~~rr r~ ~tt~ fh~• Ir~~rn~~•~~f: ~u~~r~l~fUnl~•?~1~ un.r ,~~~~~u~l~• j ~ , ~t~. r~, I„ i,.,~.,:,~,, ~„~~f r~„ „,~r, ~~~~J ~~,,,i~i, ~1~,,,•~~i ~l,~r,~ tl„• i,•,• , , ~~I~~ f~~, rn~.rf~~~i~~~~. ~~r~~ir~h u~ilj~ l~~~~ ~n~~rf~~~t~~rr t~iuf f~ir niurf~~i~y~~r u„~~ Irri.~{~~\' ,_r~l ~~1 .~i~~~ i i ~ . ~r„~? ,~~,i,~ ~~~~,r t,,,, .~~~~i,,,.,~. , ..~:~1 ?l•,~: t'r:r rn~~i' ~u^~fi~~Y'i~~. Tn~t~r .ui lurt~~. r:~..~u:u~i f~, ~~rrl~•~ 1 fh~• Ir~• ,~m~~lr hfl~• tu .n~J (~u~~l n~ tt~~• i i n~~~r:~i,~~ir~ r~~ i~ r, ~.~~ri~i~~~~ r~ ~jt~tr~•,~ I~i~~t tj~~• ~~inrf~~u~~:~r ~irn•~~v (ti~~v irnnnr~t. fl~~~ I~I~r 1~~ .~il~~ ~un~1 ~ ~~„I ~~t ,1. ~,•,:,r rl~~ ~~„~~~r~.t tl,~• i~~~, ~i~t , ~~i ~~I! u•h„~~i.~~~~~,•.. ~„~~1 rh~~~ ,~~i~l i~„~~I 1.,~,~ , ~„~.t ~ I,•,~, ,~r The riortgagor with the execution hereof covenants and ~ agrees in Mo~tgagor's own behalf and in behalf of the heirs, assigns, and devisees f 'the.tortgagor that upon said property being sold, assigned or transferred prior to t~e ~ repayment of the loan on said property in full; the :tortgagee and/or the city of ;`Ft. Pierce, Florida, shall be entitled to claim a lien against the property herein ! mortgaged for any amount of interest, costs or expenses paid by the City of Ft. Pie~ce ` for the benefit of the property herein involved; that any prepayment of tiie ~nortgag herein involved shall likewise entitle the Mortgagee and/or the City of Ft. Pierce ' ifor the reimbursement of any such interest and/or costs advanced as aforesaid. ;The ;~iortgagee with the execution hereof covenants and agrees that upon default and payment by the City of Ft. Pierce of the amount of principal and interest then due ;I and oc+ing after a default that the Mortgagee will assign [he herein involved note and mortgage without recourse to the Cit}• of Ft. Pierce, Florida. i~ ~ . ? {jrou~ded ~~lways~ t~int .ui~~ u~~~rfy~nN~r ?~:n' ur:l~~ ~~n~~ ?nn?f~~nyr~• f{~~• i ~~rtu~n prumis I~ .un• n~~tr ~~r~~~+nnltrr .~~~.,~~~r~tlr~~~v ~vqriri~ n? i~~~•r~ft~t~'c~. tu u•iL ' I ~ $ q su~ ~r~c o~r~`~."~~~~~ ~31.00 Na - ~lhame of Sun Bankl ~ l~ , 19 For value received, the undersegned (and if more than one, each of them jointly and severaily?, promise to pay to the order of S1` ~1 BaI1~C O~ SL. L]C~B ~7t~2tY , at p~x~~ F lorida, the sum of -~-m~~,~ ~ h~~a tn~et~^~?r~onoo- ~3i.oo - DOLLARS ( ITOTAL OF PAYMENTSI, payable in-~~~ onthly instalme~ of ~ each, on the - day of each successive month commencing on , 19 _ , together with costs of collection, including attorneys' fees equal to 10% of the principat sum or such larger amounts as may be reasonable and just, including all costs, expense and reasonable attorneys' fees on appeal, if collected by legal proceedings o~ through an attorney at law. The undersigned promises to pay late charges not to exceed 59c of the amount of any principal payment or payments in default. All payments made hereunder shall be credited first to interest and lawful charges then accrued and the remainder to (E principal. 1'he arpq,urupf this.note includes the proceeds of S~24~~ , recording fee of S8'~6 9 , cr3edit investiga- ! 1V.W _J/~_ J:~~L:{:~~. : .w I:. ...a ~..1.,...~ C ~ ~i.:•~..n:i.ln i t1U11 GV~I @1 ~ , Wcai~i i~ic an~/v~ uuovn~ay ~jb~jYwc ~.:cT J... i..e: ::Zov vy~.yv~ ~ 7 • ~ .~{l .7J ~ V{/ = tax of S , documentary stamp tax of S and other charges (Descnbe and state~~ ~h) £ 75'~ '1'~t'~@ IIISl~81~OH of ~r-~yJting in an AMOUNT FINANCED of S ' - 1 ~ c~~u~liVANCE CHARGE (co~5ting only of interest) of :s~ (which is estimated to begin to accrue on ~ ~ 19 ) resulting in an ANNUAL PERCENTAGE RATE of 2•99 The undersigned f has the right to prepay this loan in full and obtain a refund of the unearned portion of the finance charge computed under the ~ "Sum of the Digits" method. In the event any installment of principal and interest is not paid when it becomes due, or in the event of the death of any maker, ~ endorser or guarantor hereof, the entire amount of this note, less the amount of any rebates required by law, shall become due and ~ payable at the election of the holder at any time thereafter. ~ PROPERTY INSURANCE, if written in connection with this loan, may be obtained by the undersigned through any person of his choice. If the undersigned desires property inwrance to be obtaineci through the creditor, the cost will be S-___,--- ~ for a term of months. ~ CREDIT LIFE AND/OR DISABILITY INSURANCE IS VOLUNTARY AND NOT REQUIRED FOR CREDIT_ Such Insurance ~ ~ coYerage is availabte at the cost designated below for the term of the credit. Ftorida law requires that before any credit life ^ msurance may be sold, the creditor must advise the borrower that he has the option of assigning any other policy or policies the debtor owns or may procure for the purpose of covering said loan and borrower is so advised. ~ ~ Credit Lite Inwrance 1lnsured no. 1) A. J@I]~C3JfA BD ~'10 S ~.7~ _ Credit Life and Disability Insurance (Insured no. 1) ~fe In~~ ~4•~ S- = ( 1 Joint Credit Life Insurance 3~1BR~8 S ( 1 Joint Credit Life and Disability Insurance (Disability only on Insured no. 1) S f; I/We desire the insurance coverage indicated above. :=f -~~icc~~-ae~#~s - ~ (lnsured no. 1) ate) (lns~red no. 21 (Date) SECURITY - this loan is secured~by~~a Mortg~g~ of gven~c~ate on the following describ~i real proper y: (Describe) RBal Fbtdbe ?•S.'~~ o[3 Zlle 3i1 T•Tl@ I~31~C I~OD~dd OS St. ~ Cbt~l~~ ~ ~ - - - The Mortgage will secure future advances not to exceed S-~- . ~ Presentment, not+ce of dishonor and notice of non-payment are hereby waived by each maker, endorser and other party to this no2e, and each of them do hereby waive the right to be sued after default in the county of their residence. , 'iY The uncfersigned acknowledges receipt of a completed copy of this note on the above date. ~~OL11~ ~f. ~ _ ~Z C~tV@r St. . (Address) _ _ Signature:._f_~~- Be~LCe_I2` JPnkins - SEAL ~~Yt P: ~r.-r, FLor3da 3345Q ~ _ ~