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HomeMy WebLinkAbout0756 i....w/ ~r.~rr~w~/ _ . _ . . a_•-_ - - - . . - _ _ _ . . , NaTE US S. .10 :000 . QO . . , . . . . . ~ ForC , Pierce. . . ~ori~ , ~ Ciry • June 21 19.78 FOR VALUE RECE)VED, the undersigned ("Borrower") promisc{s) to pay. .~~~~Q~~ .$A1~IK. .0.~. ~QR~ .~'~.~RC~+ or order, the principal sum of .Tk:N . TH4USA~NA . ~R~ . t~o~l ~OQ s - . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . - . - . nollars, w~th inter~st on the unpaid principal balance f~om the date of this Notc~ undl paid. at the rate of. .9. . L/.2. .percentpc r annum. Princi al and intecest shall be payable at. .~00 , So~Ch ,$i~X~~ G~~~~ ~,~q~t ,~'~erce Florida ,~34~0 or such other lace as the Natc holder may designute, in consecutive monthty instaitments oi. . ONE 1~jT:~T,DR~D ,~E~iTY-NI~ ,~?}~c~, 40~ lOQ's . . . . Dollars ( US S . . I2 ~ . 4Q . . . . . . . . . . . . . . . . . ) on the. . . . G~'t . . . , day of eact~ month beginning.~l~g~$ t . . . . . . . . . . . . . . . . t 19. . Such.monthiy.installments shatl continue until the entire indcbtedness evidenced by this Note is lully aid. except that any nemaining indebted- acss. if not sooncr paid, shail bc duc~ and payable on . . .~1~?~i . , . .7.4~.$ . . . . . . . . . . . . . . . . . . . . . IF.any m~nthly instaliment under this Note is not paid when due and remains unpaid atter a date specificd by a nutice tu Borrower. the entire principal amount ouestanding and accrued interest thereon shall at once become due and payabie at the optior~ of -the Notc ho:der. The date spccified shall not be less than thiny days trom the date such . noticti: is mailcd. 'T~c Note holder may excrcise this option to accclcratc during any deEault by Bnriowrr regardless of a~~y pri~~r forbcarancc. Tf suit is braugtu to collcct this Notc. tlu Notc holder shall 6e entitled to rnllect all rcau~nabte cost~ anJ cx~xns.s of suit. ic?clu~li~~~. but not Iin~itrJ ta. rc.4~onuhic auorncy's fc;cs. Borrow~r shall pay to iln; Notc I~oldcr a latc charsc of . . . . f iYe . . . . . . . . . . . . . . . . . pccccnt of any m~~nihly i~ictaflmcnt not rcrcived by tltie Note 6o(dcr within. . . . .~et? . . . . . . . . . . . .days a[ter the installment is due. Borrowcr may prepay the principai amount outstanding in whole or in part. Tht Nott holdcr may require that an~ parcial prepaymcnts (ij be made on the datc monthly instafiments arc due aRd (ii) be in the amount of that : part of one or more monthly installments which woui~ be appiicablc to principal. Any partial prepayment shail be appiied agair~st the principal amount outstanding and shall noi postpone the due date of any subsequeet monthty installnicnts or change thc amount of such insiailments~ unless the Notc hoider shall otherwise agree in writing. tf, withi~ five years from the date of ihis Notc~ Borrower makc(s) any prcpaymcnts in any twcldc month period b~:ginning with the datc of this Note or anniversary dates d~ercof ('9oan year") with moncy ient to Bormwcr by a Icn~icr otlicr than the I~otc holder, Borrowcr shall pay thc Nate holder (a) during cach of the first three loan ycars , , , , rlotle , , , , , , , , , , , , , , , , , perccnt of the amount by which the sum of prepaymcnts made in any such loan year exceecis twenty percent of the originai principal amount of this Note and (b) during the fourth and fitth loan ycars . . _ , , . , . . ,none, , , , , , , , , , ,pereent of the amount by which the sum of prepayments made in any such loan year exceeds twenty percent of thc original principat amount of this Note. - Prescntmcni, notice of dishonor. and protest a~e iaercby waived by all makcrs. suretics, guarantors and endorsers h~reof. This Note shall be the joint and xveral obligation of all makers~ sureties. guarantors and endorsers. and shall be bi~ding upon thcm and th~ir succc.ssors and assigns. ~ Any notice to Borrower provided for in this Notc shall be given by mailing such notice by certified mail addressed to Borrow~r at the Prop~rty Address stated betow. or to such other address as Bornower may desigriate by notice to thc ltiote holder. Any notice to the Note halder shall be given by mailing such notice by certi5ed mail~ return receipt requested, to the Note holdcr at the address stated in thc first paragraph of this Note. or at such other address as may have been designated by notice to Borrower. . The indebtedness evide~ by this Note is secured by a tiiorigage, dated. .June, _ 21 ,19 78, . . . . . . . . , . . . . . . . . . . . . . . and reference is made to the Morigage for rights as to acoeteration of ibe iadebtedness 'evidenced by ihis Note. . . . . . . . . . . . . . . . . ~ - .cs~n / ~ J~ames C . ~ Purne~ 1~ ~ ~ ~ . . . . 1704 South 31st Street , - - . ` ~ :~~V~,},~')l_('\ y~:~,~,f~~'l;~C,~~~~) ' Bever~ Diane ~Purnel ~ ~ ~ ~ For~ Pierce, F1orida. 33450.... ` ................(~1) Proptrty Addras ' - Y j • . FLORIDA-1 to + Family-6/75-fNMAIfHWC UNtFORM IItSTRi~fiIENT • Fss is~ aw. ~on~ G~R 289 ~ 74? ' ~~iX ~ : , ~ __.r~-- _ ~ ~ ~~~~~,.r;~- . . ~ ~3~;;