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MORTCAGE NOTE
:41, QOp _ OQ Januar~,~5 ~n 79
Fo~ ralus t«.hred, tAe widKSipse j~i~uy awa rer...py P~owi~. to p~y a ~he «ae~ ot Firs t National Bank
of Fort Pierce, a federal banking corporation~ ~ ~
~n~ P~~ ~ or ~RTY-ONE THOUSAND and no/l0a' s-__ - - - - - - -
with iatetest tAe~a?n trom date st th~ nte of pa ceat oe~ srowm; tM intectst aad priaclprl ot tA4 aota to bi
- paid u tdiwin:
One Hundred Eightq (180) e ual monthly payments of FOUR
HUNDRED THIRTY-FOUR and 35~100 Dollars ($434.35). .
~~a;~~ February 15 t' 79 ~~t HII~t'E~ ~lIIt7'Y-F~IAt and 35/1~.
an0 the same smount oa tbe s~aae dar of ad~ a~o~t~ lor~ c~o~secuti» inoatM uotll this aote is psid.
The aforesaid p~aYaencs ue to be applied Qru b iaa~en u tbe ate afocaaW Qw ~ tha qtacipal aua or ~o awd? thereot ~
ss thail f~om tian to taae rsmsis w~i0. a~0 the bien eI esoM pyrma~t shaY ~ applitd w the rtduetion ot ths p~indpd.
wr~nenu ot iu~crcs~ a4a ~ruetpa~ a~c ~?abM at tUe dfioe ot U~e paya ia tha city sbors ~et torW. oc at wd~ otAet
plx~ we ~wW« may eesi~otu in ..ciw~. i. ~a.trl ~ ot q~s udtee seaca. u wr ot saw pa~raatia or mtaesc aao
p~inc~pal sliall not Oe paW w~ d»e the~ tiie eaWc priecipai as~ aed ~oane~ iaterest shall beooa~e duo aed payabb ~t ona, at
the aptwn ot ti~e ho4iec of thii nolc. ~ •
This note is to br avastnKd sat eofotoed aooadiq to Ur b+ra of the Stau o[ 6'bcid~. aad i~ s~wrad by mon=a~e on real
csute Da~ed T~- ,,.11.__.19]S._. ~
If deta~lt be made in tbe paya~a~t of ~qr or dd s~as or iiue~sst or M tAe pafan~aa of aay a~reemenb contained here~
a io performaw.^e d the tams of tLe oort~e seauh~ q~is wote. dw~. at the op~aa ot tbe holder of tt?e sae~e. the priacipal
a:.:n thea reauiau~ w+paid witb acauod i~ietat ~aM wroedtattlf ba~ome due. Wyable aad collect~ble w~ithout aotite. time
bem~ of the esstnct o~ tkis coaMatt. aud ~aidp~ ww s~W ~sid sa~ued iataest ~haQ beu ieteiat at m~ximum rate tbea
allowed br lar. (rae such rime tioW paid. T6e I~older~~tiKw a~d speed w Asre tbe ~ht of ~eto(f apinst all deposia. aaouats.
cred~ts and o~her property ot each a~ker. ~~o~ a~d endona in po~ or eoaad ot U~e hoWu [o~ wy and vuiou: wnu
due lareundet. witAant requiretneat d notiee.
Any lan~m~e in :aid aote or ao~1p~ w tbe oootnry aotwitastaadiy. no intaest duU be darDed or colkcted ia excea
of that allowed br Fiorids la~r. aed i~ tht eMe~t of tAe atoeleratio~ of 1he aanp~e. aad the ootes secuted thercby. aur PaPa1d
and uncaraed interest aad poiats iu exass of s hwhl rate o~ bNerat to ~he date ot a~faament of payaKUt ~MII Werwp~w be
~r~w~dod ~u the Nurt~w antowtiall~? bp tLe ercdid~ ot sawe a`ahst the w~ 11un dre. but mch credit dn8 aot cure or
~a~.~e anr decs~d~ oc:.:,wuasaocaea~iow.
Each nuker. awnetor anA eadotser raIues pteuftmea~ protat. ~otioe of protest and notlce of di~honor and aarees to aU
cv:ts, includuqt a reasoasbk stwraeY's !ce and am attaecp's ka Maurod on appal. wbelher wit be bro~e~ht or pot, if counsel
:~u1t aper ma~umy of ~hia a~ue w defarl~ berwaJe~ a roda ~id awrtp~e. be e~qplored to cdkn thh note or ~o protat Ihe •
sc:un~y the~e.~f.
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DETAIIS OF LOAN
j lhect if ay~plicabN: l. C~ N.~ aouce of tecissioa tequired O Nutice of recission roquiccA
' 2. Q No tlood ina~rawee ~ired 1_ O Flood iasnrance aqu~cc4
i
~ MORTGAGF. PAYMENT'S m~de in ~ooa~ecutiMe ~~Y psyu~eat: ot t 4~+. 35 , qch~ 1he tlnt of szid pay-
~ ~ meats Jue F~n~ry l9 . P~w~eats w~r i~clude taz aad inwaau escrow. CUNSTRUCTlON LOAN (if
j applwable): lateceil accrned st per aow~ papabie np to .19 . on amoupts
dubursed tcua~ ~Ae .ausuuctias fnad, ua U~a~ dsle ~epd~t pqrweets bedw.
INSURANCE: Credit life and/or disab~lity i~utaaoe wt raqnind. dfered ar pro~ided for. Property insurance (tite and qwalty)
a rcyuiscd. E'laod inwnuce is arain desi~mted a~as it Wo a9aiad- ?'uttpP tife iasunaa i~ aot required. S+~c6. inar~ace as
is requued a AesireA map be ostaioed tron or tbro~ sn~r d~r liea~sed pasoo or eompaay tUst Bonower aeay choo~. wbjett
IJ It11dlt
i fljllt l0 flfYSt i!1 lAft~tt! fOf jOOd CiYfO. T~t Bi1t Aw~ ~r r~.i~,.n,,,~ ro~ mo~e~ ur~ bu1 not fot
property insunnce, fire nwitapoe or Ilood inwnwoe. "
LAT~ PAYNEM' AND DEFAULT: BQnowen are wbject to a late ehar~e na to excsoa 2~ ot ~ay Instdlment unpaid tor 10
Jays sf~rt tM due date with a miainu~n cl~ar~e ss aay 6e tea~oasbhr imposed py tbe 1nu~h froa~ time to time; atter default a
nuturi~y tbe priacipal wa~ reniaisin~t uopaid ud aatned iataat ihaU both besr intaest at tbe awcimum aq tl~en aUarod br
I~w. 8urruwers shall p~r aU wsts a( copa-tion,
ShCURITY ANU SbTO}'1~: Lwn is senred b~? a aartp~e o[ Jan. 15 ~ 19 79 on the ial e:Ute desubed.
~I~crvin toRr~be~ rriW sll appl~sn.xs and itea~s aow or huaRtt attacbed to w pfat~d oa tAe proputp ard cosrideted tiatura.
'llu Uanl: ir Rirea tbc r~hh~ ot setulf spbW aUdepo~~ uedi~sasA other prapertr d.Borrowea W ths pasenion or oonttd of
~he Bank. ta tbe i~8ebtadaess. Wou~6 oAmanred.'[1e oart~ wil ucwe futun ot oilKt bdebiedaeas aad wil! co~rcr aftec
arquuN properly. r1tEPAYMENT: ~otco.ea a~r .t a~r t~ws p~? i~ ruM ot 1n part .nr unp~ia balaaoe arithoutpemtty.
Any partial prepaymeat sl~l De applied apiast We a~am ~r6icY ~nll last 6ec~ame dre berernder but shall not otherwf~e af[eci the
due data a anaunts of parmeutz ASSUMrI'ION: If a~mptioo of t4is baa b parwitted by Bad[. Dank ~viQ durte a tervice
[ee ior said aswtnptioa: Srch ass~:mptioa sf~i bs ~ta~ted at tbe b~at's sde ~sctetioA.
! actnoivledae the re«ip~ of pktod copr o( tlw aote prior to sKnatore. aud tbat it b oorrect.
" ~ THE CHURCH OF CNRIST OF FORT PIERCE,
~ ~~x~` A FLORIDA, cor~ration not for profi
~ B: BY = s o n. Barrow cse~?~~
~ o ert Hawley, Secre ry Jo. Barrow, Presf~dent
~ (SEAL)
~
~ (SEAL)
~ ~ (SEAL)
~ -
STATEMENT QF GUARANTY ON BACK gGOK JV~ 'rAGE 594
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