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HomeMy WebLinkAbout0581 . ~Or~ ~ ' ~ US S. . . . . 24~.000: 00. . . . . . . . . . . . . . . . . . Riviera Beach. . . . . . Florida . Ciry . . . . . . ~r. .28. . . . . . . 19. 78 FOR VALUE RECEIVED, thc undcrsigncd ("Borrower") promisc(s) to pay FI~T.NATIOI~II.'.B~NK. AND T~r ~ QDIr~?ANY OF RIVg:RA BEA~is a Natiorral Bankirx~ .Associatlon or order, the principal sum of ~I'Y,-F1'XJR,ZHO[~ID DOI~I,~ AND .IVO%100- . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dollars, with interest on the unpaid principal balance from thc date of this Notc, untii paid, at the rate of. N~ .~d.Ot~-h~f . . .1,l2) . . . . . perccnt per annum. Principal and interest shall bc payable at . . 37QQ. ~~Q~d~a?dy. . . . . . , ,L21Vj.@~'cZ A~Cb, , F'~~c]a . , , , , 33,Q0~ , , , , , , , , , , , , , , , , , , , or such other place as thc Notc holder may designate, in consccutive monthly installmcnts of. ..~1?~'-~~. F~~~y.G1rJ~~S .~d. ~~/.~4Q'--------- . . . . . . . . . .Dollars (US S. . . . .~5R.6~ . . . . . . . . . . . . . . . . on the. . . . 28th . . . . . . . . . . . . . . . . . . . . . .day of each month beginning. . s7~1ik7zy. . .2$. . . . . . . . . . . 19. .7~. Such monthly instaliments f shall continue until thc entirc indebtedness evidcnced by this Note is fully paid, except that any remaining indebtcd- ness, if not sooner paid, shall be due. and payablc on . . . . Deoember . . ~ 8. . . . . . . , .1993 . . . . . . . . . . . . If any monthly installment undcr this Note is not paid when due and remains unpaid after a date specificd by a notice to Borrower, the entire principal amount outstanding and accrued interest thereon shall at once become due and payab{e at the option of the Note hotder. The date specified shall not be less than thirty days from the date such ~ . notice is mailed. The Note holder may ezercisc this option to accelerate during any default by Borro~ver regardless of ~ any prior forbearance. lf suit is brought to collect this Note, the Note holder shat! be entitled to collect all reasonable ~ costs and eapenses of suit, including, but not limited to, reasonable attorney's fees. Botrower shall pay to the Note holder a late charge of ......two-~--.(?a.-----. percent of any monthly ; installment not received by the Note holder within. . . . . . . . . .tea---.(1Q). . . . . . .days after the installment is due. . Borrower may prepay the principal amount outstanding in whole or in part. The Note holder may require thaE any partial prepaymcnts (i) be made on the datc monthly installments are due and (ii) be in the amount of that ~ part of one ot more monthly installments which would be applicable to principal. -An~~ partial prepaymcnt shall be applied against the principal amount outstanding and shall not postpone the due date of any subsequent monthly installments or change the amount of such installments, unless the Note holder shall otherwise agree in writing. If, within five years from the date of this Note, Borrower make(s) any prepayments in any twelve month period ~ beginning with the date of this Note or anniversary dates thereof ("loan year") with money lent to Borrower by a ~ lender other than the Note•holder, Borrower shall pay the Note hblder (a) during each of the first three loan years j . . . . . . . . n/~l . . . . . . . . . . . . . . . perccnt of the amount by which the sum of prepayments made in any such loan year ~ excceds twenty percent of the original principal amount of this Note and (b) during the fourth and fifth loan years ~ . . . . . . . . Il/s~t . . . . . . . . . . . . . . . perccnt of the amount by which the sum of prepayments made in any such loan year ' ~ exceeds twenty percent of the original principal amount of this Note. ~ Presentment, notice of dishonor, and protest a~e hereby waived by all makers, sureties, guarantors and endorsers ~ hereof_ This Note shall bc the joint and scveral obligation ~of all makers, sureties, guarantors and endorsers, and shall ~ be binding upon them and their successors and assigns. d ~ Any notice to Borrower provided for in this Note shall be givcn by mailing s~ch 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 the Note holder. Any notice to the Note holder shall be given by mailing such notice by certified mail, return receipt ~ requested, to the Note holdcr at the address stated in the first paragraph of this Note, or at such other address as may ~ have been designated by notice to Borrower. ~ The indebtedness.evidenccd by this Note is secured by a Mortgage, dated .~X ..~8 ~ . . . . . . ~-~.7$ . . . . . . . . . . . and referenee is madc to the Mortgage for rights as to acceleration of the indebtedness cvidcnccd by this Notc. % ,lt~=' « ~~ci ( c ~ , . - } . ' ~ . . . . . . . . . . . . . . . . . . , ~ ~ . (Seal) ~ n1 ~?i~~G~~ ,~d+ yy~,t.~ RAYMfi1D B. TINY~i . t7 3136 Pearl Street Sig d beEore me this 28th day of ~ ...........(Seal) /~~e` e ber 1978, ~ Warren, Midugan ~ / , } " . _ . (Seal) ~ . . . . . . . . . . . . . . . . Properry.Address. . . . . . . . . . . . . . . . . Y.Z~svE `tJtc. . . . . . . . . . . ~ a1 Only) ; ~ F~OR~~a-1 to 4 family-6/IS-FNMAJfliIMC UNIFORM INSiRUMEMT Notory PuLt.c, O:.!:Icnd County, Mich. FB5164 Rev.lO/77 C~Q My Ccn:~n. E:~ires l.tordt 24, 1981 BOOK ~0~, FA~:E UV1 _ Ac ting in M~•c mb C~,, r ~ , - - _ _ , . ~ ~ ~z ~ : 3 ~ ~~„c,~~ . ~w..~ . ,z~`-~ - ~ ~ ~ , x~ :w'~~ ;T~-µ_"'y-~"E`~"' 4 _ . .