Loading...
HomeMy WebLinkAbout0109 ~ • • • , • . • 1 NOTE US S. 9,,,000 : 00 . . . . . . . . . . . . . . . Fort Pierce . . . . . . . . . ~orida Clry . October 13 19. ~8' FOR VALUE RBCEIVED, thc undersigncd ("Borrower") promisc(s) to pay, FIRST NATIONAL BANK . . .QF. F4#t~ ~~Fi CE. . . . . . . . . . . . . . . . . . . . . . . . . or order, the principal sum of . . NINE . THUUS~D . and_ rio%Y00.~ s'. . . . . . . . . . . . . . " . . . . . . . . . . - . . . .Dollars, with . . intcrest on thc unpaid principal balance from thc datc of this Notc~ until paid. at the rate of , ten .percent per annum_ Princi 1 and interest shall be payable at. . 3~b, ~outh. .~~Xtfl ...StXeet.. . F.QrC. .~~~XCe., .~~4ri~a, ,~~450 or such other pla~e~s t Nc~t holder may dcsignate, in conxcutive monthly installments of. . ONE HUNDRED, ,~IGHTEEN_ and ,y4~l0Uk s, - ......-.......:....Dollars(USS1~8.94.. onthe....?3rd.......... , . . . . . . . . . . . . .day of each month beginning. 1!1P~eU1beT. .z3. . . . . . . . . . 19.78.. Such monthly instsllments ~hall continuc until thc entire indcbtedness cvidenccd by this Note is fully paid, eacept that any rem~tining indebted- nr~s, if not scx~ncr paid, shall bc due and payablc on . . QC~Qb~X . . . . . . . . . . . . . . . . . . . . ' I( any monthly installment under this Note is not paid when due and romains unpaid after a date speci6ed by a notice to Borrower, the entire principal amount outstanding and acerued interest thereon shaQ st once become due and payablc at the option of the Note holder. The datc specified shail not be less than thirty days from the date such notice is mailed. The Note halder may exercise this option to accclerate during any default by Borrower regardless of any prior forbearance. If suit is brought to collect this Note, the Note holder shall be entitled to collect all rossonable ~ costs and expenses of suit, including. but not limited to. reasonable attorney's fces. Borrower shall pay to the Note holdcr a late charge of . . . .f ive , , , , , , , , , , , , , , , , , , ~~nt of any monthly installmcnt not receivcd by the Note holder within . . . . . . . ten , , . _ , _ , _ , , , , , , , days after the installment is due. Borrov?~r may prepay the principal amount outstanding in whole or in part. The Note holder may require that an~- partial prepayments-(i) be made on the date monthly installments are due and (ii) be in the amount of that part of one of more monthly instalimcnts which would be applicable to principal. Any partiai prepayment shall be applicd against the principal amount outstanding and shail not postpone the due date of any subsequent monthly instalimcnts or change the amount of such installments, unless the Note hatder shall otherwise xgree in writing. If. w•ithin five years from the date of this Note, Bnrrower make(s) any prepayments in any t~relve month period tkginning with the datc of this Note or annivcrsary dates thereaf ("loan year') with money lent to Borrower by a s Irnder other than the Note holder, Borrower shall pay the Note holder (a) during cach of the first thcee loan years ~ _ _ . .none, , , , , , , , , , , , , , , , , , ~rcent of the amount by which thc sum of prepayments made in any such loan ytar ~ exceeds twenty percent of the original principal amount of this Note and (b) during the fourth and fifth loan ytus none percent of the amount by which the sum of prepayments made in any such loan ywr ~ exceeds twenty percent of the original principal amount of this Note. PR~~A?~~K WITHOUP PENALTY RESERVE ~ Presentme~t, notice of dishonor, and protest arc hereby waived by all makers, sureties, guarantors and endoraers ~ hcrcof. This Notc shall bc the joint and several obligation of all makers, suretics, guarantors and endorurs, and ahall br binding upon thcm and their succcssors and assigns. ~ Any notice to Borrower provided for in this Note shall be given by mailing such notice by certified mail addressed to Borrower at the Property Address stated below. or to such other address as Borrower may designate by-notice to thc :~ote holder. Any notice to the Note holder shall be given by mailing such notice by certified mail, return receipt rcyucsted, to thc Note holdcr at the address stated in thc first Qaragraph of this Note, or at such other address as may have becn designated by noticc to Bonower. ~ ~ The indebtedness evidenced by this Note is secured by a Mortgage, datecl. OCtObeY; ,13 ~,1978, and reference is madc to thc Mortgage for rights as to acceleration of the indebtedness ~ rvidcncrJ by this Note. , ~ _ ~ ~ 7 ~ ' ~ ; ~ C 0 P Y / s/ C~ ~~;-,,;J ?~"'~/.~!L.c ~ F~ .1 h-- Wif liam H . ~M~~ler ~ ~ ~ . .2461. S . . E . . Drayton. .Street _ ~S! . r~,~ ~.i .(Seap ~ . . . - . . . . . . . . . . . . . . . . . . . . .1Kontez~ ' I~tilYe'r' ~ Port St Lucie,. Florida 33452 ,t~~ ~ . . . . . . . . . . . . . . . P~ov~?~s• Address. . . . . . . . . . . . . . . . . . . . . . . . . . . (~X4[?~X~t~~1. . . . . . . :~z FLORIOA-1 to 4 Family-6175-FNlYIA/FNIMC UN1i0RN I11ST~UMENT ~ Fes ies R... ~oi» ~ ~F~~~ • ~ ~ ~ ~ _ _ - - - - ti ~ .~~r ~ , ~ r~s:~..,~~-~ ~ =r ~ ~ . . . _