HomeMy WebLinkAbout0588 NOTE
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US 5.~4, QQO.•.QQ . . . . . . . . . . . . . . . , , Fort_ Pierce. . . . . . . Florida
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Ctry
. . . Januar~r. 1 S r. . . . . . . . . 19 9.
FOR VAL.UE RECEIVED. thc undenig~ed ("Borrower") promise(s) to pay. First, National, i
. .~~R~~~'J~QjJSAND~$}i~ ~lO,~lOQ~ 8-. - . . - . = . _ : :ar ordcr, thc principal sum of .
. . .9_3%~_ .DoUara, aith :
intcoest on th~ unpaid principal balance trom thc date of this Notc~ until paid, at the rate of. ~
' ' ' ' ' ' ' ' .~iercent pcr annum Princi I and interest shall be payable at. .~OQ .Satlth .S~7Cth :
. .$Lxee~. . ~Q~~ . ~'.'~Qr~~4 . 3 0 , yI~~ a~ NI ~ Y 1
dcsignate, in consccutive monthly installments of. . ,~r,~v~~s`a~~~~a~~1P1~Q`: .
sr ma. #
..-.-.-..-.-.-..-.-..-.-.Doltacs(USS.~17:8~... onthe...l5th........
. . .day of each month beginning. . . . ~:ebxuax~t. . . . . . . . 19.~9.. Such monthfy installments ~
shali continue until the entiro indebtcdness evidenced by this Note is (ull ~d, exce that any temaining indebted- ~
ness, if not sooner paid. shal! be due and paysble on. . . . .,TADI~AY'y. ~7.,..~.9~~ . . . . . . . . . . . . . . _ ~
if any monthly instal{ment under this Note is not paid when due and remains unpaid after a date apecifi~d by a ;
notice to Borrower, the eatire principal amount outstanding and aocrued inter~est thereoa shall at once become due
and payable at the option of the Notc holder. The date specified shall not be less than thirty days from the date such
nutice is mailed. The Note holder may execcise this option to accekrate during any default by Borrow~r cegardless of
any prior forbearance. if suit is brought to collect this Note. the Note holder shatl be entitled to collect all reasonable -
costs and expenses of suit, including. but ~ot limited to, reasonatilive ~ys f~~ .
~Borrower shall pay to thc N~te holder a late charge of. . . f. . . . . . . . . - - . . . . • . • . .percent of any monthly ~
installmcnt not received by the Note holder within . . . . . . , ten, , , , , , , , , , , , , , days after the instaalment is due. `
Barrower may prepay the principal amount autstanding in whole or in part. The Note holder may require that ~ ;
any panial prcpa~mcnts (i) be madc on the date monthly installments are due and (ii) be in the amount of that
pan of nne ot mare monthiy installmcnts which would be applicable to principal. Any partial prepayment shall be ~
applied against the principal amount outstanding and shall not postpone the due date of any subsequent monthly `
installm~nts or change thc amaunt of such installments. unless the Notc holder shall othcrwise agree in writing. If,
within five years from thc date of this Note. Borrower makc(s) any prepayments in any twelve month period
b~ginning with the datc of this Note ar annivcrsary datcs theroof ("loan year') with money lent to Borrower by a '
Icnder other than the Note holder. Borrow~et shall pay the Note holder (a) during each of the first thne loan years
. _ . . AOIl~ . : . . . . . . . . . . . . . . . percent of the amoun't by which the sum of prepayments made in any such loan year
exceeds twenty percent of the-original principal amount of this Note and (b) during the fourth and fifth loan years
. none . .............~rcent 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.
Prescntment, notice of dishonor, and protest are hercby waived by all makers. sureties, guarantors and endorsers
hercof. This Note shall be the joint and several obligation of all makers. sureties. guarantors and endorsers. and shall ~
b~ binding upon them and their successors and assigns.
Any notice to Bonower provided for in this Note shali be given by mailing such notice by certified mail~addreued
to &~~mwer at thc Property Address statcd below~ or to such other address as Borrower may designate by notice to ;
th~ Nute t~oidcr. Any noticc to thc Note holdcr shall be givcn by mailing such notice by certified maii, return rxeipt #
~ rryucstcJ, to thc Notc holdcr at ihc addrrss stated in tlx~ 6rst paragraph of this Note, or at such other address as may "
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~ havc becn designated by notice to Borrower. . ~ -
F The indcbtedness evidenced by this Note is secured by a Mortgage, dated. J~~tt~t~x ],9,
~ . . . . . . . . . . . . . . . . . . . . . . and reference is madc to thc Mortgage for rights as to acceleration of the indebtedness
, c~~idcnccd by this Note. _
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ATTEST• THE CHURCH OF CHRIST OF FORT ~
' PY~RL~ ; ~ ~LUItIbA; a ' corpoi~a't'iori ;
not for profit.
By: . . . obext. Hawle . . . . . . . . . By : s/. .Jpb~. ~axxow . . . . . . . . . . . . .cs~~~
~Robert Hawley, Secretary John Barrow, President `
810 Palm Avenue ~
For-t Pierce,..Florida.33450 ~
~ Property Address (Executt Original Only) `
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fLORlDA-i 10 4 Familr-6l75-FNNA/fNIMC UNIiORM INSTRU#1Et(T Fes 164 Rav. 10/77
STATEMENT OF GUARANTY OtJ BACK ~
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