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Home My WebLink About0883 MORTGAGE NOTE ; ~ t = 30, 000.~00 ~ T~ne 13 , ~9~$_ For value raceirad. the undcrs~ned jointly and ~eve~aUy promise to pay to the ords~ ot ; F . t 3 ~ FIRST NATIONAL BANK OF FORT PIERCE . ~ 300 South 31xth 3treet. Fort Pierce, FL 33450 ~ the principfJ:um of TAIgTY THQiISAi~ A~Tn 7 f~n DoUut, pith interest thereoa from date at the r~te of~=~T2 pet ant per annum; the ioterest and principal of thu •note to be ~ Pild if ~OliOWf: . ~ 3 . . . ~ s , } ; ec~nnina on _ J~l l V 1 S , ~ 1~ 27 Doi~ars, s 1~_ the sum of and the same amount on the same dsy of each month tot 7 7~1 consecutive months until this note is paid. - ~ ~ ~ . 'Fhe aforestid psYmenis ue to be applied fint to interat al the rate aforesaid due upon the principal sum ot so much thereof ~ as shall [rom time to time rernain unpaid. and the balance ot pch payment ahaU be appliod to the reducuon of ihe principal. - ~ AO payment: ot interest snd pnncipal ace payabk ai ihe office ot the payee in the dty above set torth, or at such other plaa u thc hoider may designate in wtiting, in lawful money ot the Uni~od States. lf any ot ~aid payment: of ~nterest and peincipal shall not be paid whrn due then the entire principal sum and accrued interest shall beoome due and payabk at once, at the option of the holder of this note. . • This aote is to be oonstrued and cntoicod accordinE to the bws of the State of Florida, and is securod by morigage on rcal esute flated .7~inP ~ 19~$.. . If defauli be made in the payment of any of said sums or interest or in the performana ot any aareements contained here, or in pedwr+u~nce of the teims of the moripee securina this aote. then, at the optan of the holder of the same, the principal wm ihea remaitur~ unpaid ~vith sccrued interat shall immed'utely become due. payabk and colkctibk without notice, time beinE o( tl~e essence of this conuxt. and said principal wm and said at~crued interest shall bear interat at maximum nte then aqowed by law. ~rom suci~ time until paid. The holder is aiven and ageed to hare ihe riaht of setoff a6ainst all dep8siu, accounts, credits and othet property of each maker. 6wrsntor and endocter in.possession or cont~d of the holder for any and various sums due hcreunder, without requuertxnt of notice. Any hnguaae in uid note or mortaaae to the convary notw+ithsw~dina, no interest shaU be char6ed or coUetted in exoess ot that allovred by Florida laa, and in the event of tDe sccskration of the monaage, and the notes secured thereby. any prepaid ~rW uecarned interest and points in excess of a lawful nte of inicrest to the date d enfwument of payment shall thereupon be ntunded to the Mortpaor automatiwUy by the creditina of same a~ainst the sum tben due..byt such aedit shaQ not cure or w~aive any defsult c?casioning acceleration. Each maku, guaran~or and endo?ser waives presentment. protest, notice of protest and notice of dishonor and agrses to aU wsts, includina a rusonable attorney's fee and any attorney's fees incuired on appeal, whether wit be brau6ht or not, if counsel shall aftee maturity of this note or default hereunder or under said morigs6e, be emp:oyed to colkct this notc or to protect the security thereof. . DETAILS OF LOAAi ~ C~eck if apRlicable: 1. No notice of reciuion reyuired 3. D Notice of reciuion required • ~ 2. ~ Na Ooad insunnce requited 4. O Flood insutance required U10RTGAGE PAYIlEM'S made in~~.consecutirelIIQ.II~31paYmeMS ot S~~ 27 , eac1~, 1he first of said pay- i ments duc July I.~J ~ 19~~.-Fayx~ie-la~}~.include~ax._aabuwwars.sscwsr.-C~OT~I6T~t~"F~IAI~~.AMd-fif- ~ a~~lieebia+-{wl~rasl-sccrwdai ---`~?fes-aww+v?~Psyible+iP'^ ~q ; nr?_amounia__ f disb~ussdSrnmlhstonai~+ciiu~od,aa ~ha:~att rsptlu.pa3~tu2it~Gpn- ( 1NSURANCE: C~edit lite and/or dissb~7ity inwranae not required, o[ferod ar prorided fot. Property imm~nce (fire and nsualty) is required. Flood inwnnce ia urtain desianated ueas is also requued. Mortaage life insunna is not required. Such issunna a~s ~ is ~equved or desued may be obtained Irom or through any duly licensed person or company that. Borrower mty chooie, subject to Lcndcr's riEht to re[use an inwrer for good nuse. The Bank an, if you wish. unnEe tor mortgase life inwrance, but not ta . ~ properry inwrance, fue iniurance or Ilood insunnce. LA7'E PAYMFN? AND DEFAULT_ Bottov~rors ue wbject to a late chuge aot to exceed 2'~+ o[ any instaHmeet unpaid for l0 ~ days after the due date with a minimum chuge u may be uasoaably impo~ed by the bank from time to time' after default or ~ maturity the principal sum remaining unpaid and acaucd interest shatl both bear interest at the maximum nte thcn allowed by . i l~~v. Bonowers stiall pay all costs d cdlcction. - ~ SECl1RlTY AND SE7'OFF: Loan is seared by a morip~e of • June 13 ~ 19~._on the ~ea1 estate desabed. ~ thenin to~ether vith a0 appliances and items aow~ or haa[te~ attached to or placed on the Qroptrty and considercd fixtura. ! The Badc is p~en the rijht ot setoff apinst aU deposits. credits and other property of Botrowen in the p~seuion or wntrol oi ~ the Bank. fot the indebtedneu, thou~ unmatured. The mort6a~e wn71 secure future or otha irdebiedness and will corer sfta ~ soquued property. PREPAYMEM': Borrow~ers msy at any riu~e prepay ia full or in part auy unpaid balana without nalty. hR e ~ My pariial prepayrtxnt shaU be applied a6ainst the wms ~vhich will lsst become due hereunda but shall not oiherwise fect the due data or amounts of payments. ASSUI~IPTION: lf auumpt'aa of this {oan is perm~tted by Bank. Bank will chuge a urvice ~ ke for ssid uwmption. Such assumption ~hall be ~ranted st the bank's sde discretion. ~ € ~ a 1 acknow~kdae ihe reuipt ot a compkled copy of this note prior to sig?ature. and that it is conect a Maker's Adduss_ ~ . ~ ' (SEAL ~ ~ 1 U . ~oor , Jr . • : tiU'~Uf C ~ (SEAL) ~ Sj_ ~~ctiEk p~,T~as F~ Betty A Noore rT ~ ~L (SEAL) ~ = fl ~ ~ (SEAL) ~ ~ JuN 22 . - ~ - 4~~~~ . ~ ' U k ~ PA6E S !~i ORICINAL d~• ~ c-e5 a 3o Rw. 4/76 ' ~ a . 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