HomeMy WebLinkAbout0821 ICD 69-406M
Under 15M-Secured w/resl escate-nonballoon
PROMISSORY NOTE -
Svn ~ank of :3t. luci~ Couniar a 1~+,038.30
No. .
- IName of Sun Bank) ~~.wur~ . 1~Q.__. 1 J
For value received, the undersi ned (and if more than one, each of them jointl and severallyl, promise to pay to the order of _
MSuD Baiik Of St• ~.QUOie CO~itltr-- , at ~~rQ~+ , Florida, the sum of
---Fou~e~n tttoueatd Ltti=`t]? e~ttt~~' ~hd' ~0/100--• DOLLARS (S 1~~038.$0 1.
(TOTAL OF PAYMENTSI, Payable in monthly instalments of S 1t each, on the ~.ta.- day of each
' successive month comme~cing on M-~QR-hT------ . 19 ~j-. together with oosts of collectian, including attorneys'
fees equal to 1096 of the prinapal sum or such larger amounts as ~may be reason~le and just, including all costs, expense and _
reaso~able atto~neys' fees on appeal, if collected by legal proceedings or through a~ attor~ey at law. '
The undersigned promises to pay late charges not to exceed 59b of the amount of any principal payment w payments in default.
~ All payments rtwde hereunder shall be credited first to interest and lawful cha~ges then acaued and the remainder to principal. The
~ amount of this note includes the proaeeds of S 10~~•~ ,reoording fee of a 17 ~ dit i~vestiga-
~ tion cbst of S 10•~ , Credit life and/or disability i~uurance pr mium (itemiied below) of S 1 •
~ ble t of 24 2 d ntary stamp x a~f~~ and other char s~
~ ~ ~ 0~ °`~ro~ ~t8 ~ ~ -
J sQ• •eb~ •~(r l ii " a UNT FIN~~IC€ of~S ~ 1
C~ sca~e cost tor ~"/y. , t! l~.l~ atD6• .1~ t~$. rsZ • eg~?1)
z - ~92b.a5
plus a FINANCE CHARGE (consisting only of interest) of S Iwhich is estimated to begin to aocrue on
5 F~brsa~~7? 3. 19 resulting in an ANNUAL PERCENTAGE RATE of The undersigned has
~ the right to prepay this loan in full and obtain a refund of the u~earned portion of the finance charge oomputed under the "Sum of '
0
~ the Digits" method. ~
; w In the event any installment of principat and interest is ~ot paid when it beoomes due, or in the eve~t of the death of any.maker,
~ ~ endoner or guarantor hereof, the entire amount of this note, less the amount of any rebates required by law, shalt beoome due and
f Q payable at the election of the holder at any time thereaher. _
~ Q PROPERTY INSURANCE, if written in connection with this loan, may be obtained by ihe unde~sig~d through any person of
w his choice. If the undersigned desires property inwrance to be obtained through the aeditor, the c~st will be S
~ ~ for a term of months. ~
a CREDIT LIFE AND/OR DISABILITY INSURANCE IS VOLUNTARY AND NOT REQUIRED FOR CREDIT. Such Inwrance
~ Q coverage is available at the cost designated below for the term of the credit. Florida law requires that before any cxedit life insurance
~ may be sold, the creditor must advise the borrower that he has the option of assigning any other policy or policies the debtor owns
y or may procuFe for the purpose of covering said loan and borrower is so advised.
z
e s
O Credit Life Insurance (Insured no. 1)
z
~.u Credit Life and Disability Insur~pce (t~ured~no.~ ~s~l•18 a 1 .
? 1 ~:lyaa~ wglt • S
Joint Credit Life Insurance
o O Joint Credit Life and Disability Inwrance ~larea D. Johru~on 5D 11-}~9
° (Disability on Insured no. t onlyl ~1fl~~•~ lit• inouraae• oa a
- ~ I/We desire the insurance coverage indicated above.. oa0i~, foP 10 year's _
- 2-7-79 2-7-19
(lnwred no. 1) (Date) (lnwred no. 21 (Date1
~ SECURITY:-~~a~s ~
s~i?St~~"f.~r~a8
°`b~~~~e~~a~°e ~$u~~~°~"'~$o~of ~~:~fe~g~b~t~.
~ or a. •
~ ~
~
~ The Mortgage will secure future advances not to exceed S `
~ Presentment, notice of dishonor and notice of non-payment are hereby waived by each maker, endorser and other party to this
~ note, and each of them do hereby waive the right to be sued aher default in the county of their residence.
The undersigned adcnowledges reaeipt of a completed copy of this note on the above date. _
~l~a N06an
4~O Rorth 19th 3t.~wt
(Address) Signature: SEAI
l~ort PierQ~, I,lorida 334y0 ~
(Add~ess) Signature: SEAL
Doo. stampe in th• emouat of a1~.30 aftizsd to mort~ag~ d~sd.
: 4-0405-000-7 Rev. 12/77 _ ~ gOOK JUt~ aAC~ 8~ E~~
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