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HomeMy WebLinkAbout2928 r~ - { NOTE Fort Pierce, US = „55, 000.00 ~ Florida February ,2? , , , , , , 19 79 . FOR VALUE RECEIVED, the undersigned ("Borrower') promise(s) to paY • or order. the principal sum o[ Sun Bank of St. Ls~ci~.County.... -----------------------~ollara, with Fifty-livo,thouaarid=--------------------------......................... interest on the unpaid principal balance from the date of this Notc, until paid, at the ate of ..H~ts~. isnd .t;bree-• fou~t~s--- -:percent pet annum. "Principal and interest shall be payable at ....111, O~~q~ ,1)Yfr, ' ' ' • ' Fort Pierce, Fla. . - _ , • , , , , , , , , , , , , , or such•other place as the Note holder may designate. in consecutive•monthly installments of . 3?ive. hundred .twenty.-one .and b9/100rrr.-r.~~+~---•-. Dollars (US S 5~i.69...... c on the...ls~ . " . . . . . . . ......day of each month beginning....... APxii • • • • • - • • • - • • • 19 a~ ...Such monthly installments -shall continue until the entire indebtedness evidcncxd by this Note is fully paid. except that- any remainins indebted- ness, if not sooner paid. shall be due and payable on......~1?tF~h.• 1,, .1~~$9 It any monthly installment urtd~l~is Note is not paid when due and remains unpaid after a date specified by a notice to Borrower, the entire principal amount outstanding and accrued interest thereon shall at once bernme due and payable at the option of the Notc holder. The date specified shall not be less than thirty days trom the date such , notice is mailed. The Note holder may exercise this option to accelerate during any default by Borrower regardless of any prior forbearance. If suit is brought to collect this Notc, the Note Bolder shall be entitled to collect all reasonable -costs and e><penacs of suit. including, but not limited M. rcasortable attorney's fees.- Borrower shall pay to the Note holder a late charge of ~!~?Q.......... percent of any monthly ~ installment not received by the Note holder within i:glz.....:days after the installmcnttre that Burrower may prepay the principal amount outstanding in whole or in part. The Note holder may regti any partial prepayments (i) be made on the_datc monthly installments are due and (ii) be in the amount of that part of one or more monthly installments 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 installments or change the amount of such installments, unless the Notc holder shall othervrise agree in writing. If, € within five years trom the date of this Notr, Borrower make(s) any prepayments in any tw;lve month period beginning with the date of this Notc or anniversary dates thereof ("loan year') with money lent to Borrower by a lender other than the Note holder. &~rrowrr shall pay the Note holder (a) during each of the first three loan years 4.875 • . • . _ , . • , percent of the amount bg which the sum of prepayments made in any such loan year exceeds twenty percent of the original principal amount of this Nate and (b) during the fourth and fifth loan years 3.00 • . • _ , • , , • ,percent 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 dishtmor. and protest arc hereby waived by all makers. sureties, guarantors and endorsers ~ hermt. This Note shall be the joint and several obligation of all makers, sureties, guarantors and endorsers, and steal! be binding upon.thrm and their successors and assigns. ~ Any notice to Borrower prm•idcd for in this Notc shall be given by mailing wrh notice by certi6td mail addressed ~ to Borrower at rtes Property Address statrJ below, or to such other address as liorrowcr 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 E requested, to rtes Note holder at rtes addrr..s stated in rtes Ent paragraph of this Note, or at such other addreu as may have born designated by notice to Born?wrr. Februa 22, 1979 The indebtedness evidenced t•y this tiotc is secured by a Mortgage, dated rY . • • _ . • . . . . . . .and reference is made to rtes Mortgage for rights as to acceleration of the indebtednaa evidenced by this Note. . f _ ..........................(Seal) Richard D. Lattner . 3815 Delaware Avenue ..........................................(Sea!) Regina G. I.attner Fort Pierces Florida,.33450,_,.... ..........................................(Seal) Properly Address (F~[lCYtt t7/tt/PIOf ~II~y) oR Q ~ g~~~i~~ ~ ~ c,-,,;ti FIjS rgA1R'FNtMtt: 'JMIFORM IFfSiRUMtMI ~±,r~( 3 03 ~p"" ~ /,~-_3 r - ~ _ tea. x 1. 4 ff it ~ -