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HomeMy WebLinkAbout0774 ~ . - , NU~1' ~ . US . . .22 : 500: 00 . . . . . . . . . . . . . Fort Pierce. . . . . . . . . . . . ~o~ Clry February. . . . . . . . . . . . . ~ 19. 79. FOR VA[.tJF RECEIVED, the undcnigned ("Borrowcr") p~omise(s) t~ pay . . . . . . . . . . . . . . . . . . . . . . . . . . . . SUh. Fi1~NK ,QF :~T. i.Ut_~tE Cc~UNTY . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ~i order. the pnnCipal sum of Twentx-~~, thous~ti}d, ~ive hundred. and _no/100------------. ;-----.poilats, with intetest o~ IM u~ai1~ ptittC~p,~ ba~anre Irom Ihc dale ot Ihis Notc, unti) paiA, at thc rste ot. nir}e ,an¢, ~h~e~ ;~Qprths-- :"'perccnl pcr annum. Principal and imercs~ shall hc payablc at. 111 Orange, ~ve.,, . _ Fort Pierce,, Florida. 33450 . . . . . . . . . . . . . . . . . . . . . . . . or such othcr place as the Note h~lder may designate, in consccutive monthly inctallmcnts e~f . two _hundred _thirty-eiqht .and. 36/100------------, . : _-------~Ila?c (l1S S 238..36. . . . . . . . . . . . . . . . . on tlu. lst . . . . . . . . . . . . . . . . . . . . . . . . . . .day ~f cach m~~mh bc~inning. . . . . , . . . . . April, 1 _ . . , ~q79. Such monthly installmcnts shall c~ntinuc until thc ~ntirc indchtcdnc~s c~~idcnccd by this N~?tc is fully paid, cxccpt that any rcmaining indtbted- March -1, 1994 nus. it not sc?oncr paid. chall hc cluc and pa}•ablc on . . _ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . li any monthly installmcnt ~u~dcr thi~ N~~tc ic nc~t paid whcn due and remaia~ unpaid a(tcr a datc spccificd by a notice to Borr~wer, the entire principal am~~un1 ~ut~~andin~ and accrurd inlerest 16erron shall at once become due and pa)aMr at thc ~~pti~m of thc N~.~r h~+ldcr Thr ~latr sFxrifird chall ~u~C hc Ic« than ~hirty day. from thc datc such noticc is ma~lcd. Thc N~~tc holJcr ma}~ c~crci~c thi~ ~ptu~n ta accclcraly durinF any ~Ic(ault by Dorrowcr rcgardlcss o[ ; any pric?r (orhearance. I( suit ic hn~ugh~ a. c~llect thic Ne~~r, the Note holJer shall he entitled to eollect all reasonable ; tosts an~ cxpcnses o( suit, including, hu~ nc~t limitcd t~. rcl~c~nable attc~rncy's fces. ~ A~rrower shall pa}~ t~ thc Nc?tc h~liicr a la~c chargc ~t two percent o( any monthly ~ installment not received hy the N~?te hc~l~icr witl?in . . . . . _ . . . . tei~ _ . . . . . . . .days after the installment is due. ~ B~~rrowcr may prcpay thc ~rinci~al am~~unt nut~tan~hng in whi~lc ~~r in ~?a~1. ~fhc N~~te holdcr may requirc that ~ any par~ial prcpaymcnts (il hc madc ~~n thc da~r m~~nthly imtallmcnl~ arc duc and (ii) Mc in the amount of that ~ part nf onc ~r m~rc mc~nthly in~tallm.•nt~ uhich w~~uld hc ap~~licahlc t~? princiraL My rartial prcpaymcnt shatl be ~ applicJ agains~ thc ~rincipal am~+unt ~wi~t~nJin~ and .hall n~?t ~+c~~~~r•nc thc duc datc ~f anv suhsequcnt m~mthly ~ installmcnls ~~r changc thr am~~unt c?! .uch ~nctallmcnl.. unlrc~ tl,c Nrnr h~~lclcr ch~ll othcrwicc agrcc in writing. If. ~ within five y~cars tmm thc daic ~hi~ N~~t.•. I~<~rmN~cr ma~:r(s) any~ pre~~aymcros in any twelvc monlh period ~ hcginning wilh thc datc ~~t thic N~~c ~~r annivcrsary datcc thcreuf ("I~~an ycar") with moncy Icnt to Aormwer by a ~ Icndcr ~thrr than the Notr h~Wcr. R~un~wcr ~h~ll'pa~ thc N~tc he~IJcr la) durinF rach nf the fir~t thrce I~an years ~ 4 875 pcrcrm c~f ihc, amount h}- w~hich thr wm ~?f prc~+a~ mcn~s madc in any such loan ycar ~ exceeds tweMy percenl of the ~~rigin:il princiF~a) an~o~mt ~~t thi. N~,te and (h) during the t~~urth and fi[th loan years ~ . 3.OQ , . . . . . . . _ . . , . rcrcrnt ~~t thc amnunt h}• ~hich thc sum prcpa}~mcnts madc in any such loan ycar ~ excccd~ lwcnt~• pcrccnt ~•f thc ~.~~~~~„i ~~~~,~~~ai anu~unl i,f Ihic Nolc. ~ Pre~cntment, n~uicc di•h~~n~~r :~nd ~?r~ac~~ arc herch~- wai.ed hc alt n~:ikcr~. surctie~. guarantors and endorsers ~ hcrr~L thi~ Nrnc ~h:~ll tx• thr ~~~int anil ~r~cral c~hliFati~~n af all makcrc. wretic~. guarantc~rs and cndorsers, and shall ~ bc hincling u~x+n lhrm :+n~t Ihcir wcrc~c„r. an~i at~i~n~. ~ Any n~Hicc 1<~ E3~?rn~wrr ~r~~~iJcd (~~r in this Nntc ~h~ll hr Ri.cn hy maili~iF ~uch nnticc hy ccrtifitd mai) addressed ~ to Rnrmw•cr a~ thc Pr~~~x•rt} /~ddre~• ~tat~ ~l hcl~~w, ~~r cnch ~~thrr :~J~1rcc~ a•. lt~~rrrw•cr ma~ ~lccignatc hy nntice to ; Ihc N~tc h~~ldcr Am• n~~ticc tn tl~c N~~tc h~~ldrr ~hall hc Fi~~cn h}• m~iling w~h n~~ticc hy ccrtificd mail, rcturn_rcccipt _ rcqucctcJ. ihc N~~tc h~+l~trr at ~hr :ul~lrr.~ ~talcd in Ihr fircl para~traph ~~t thic NMr, ~r at such othc~ address as may havc hcrn dr•iFn:~t~il b~ nrliir t~~ ~~irc,uc~ 1 hc in~lrhlcdnc~• r~'idrnrc~l h~ tl?~. tii~1r ~rrurc~l 1~~ a T1~atFaFr. ~tslctt February, 27., .19~9 yu ...,:unl rrfcrrncr i. m:+~c ~hr M„rt~:~gr (~,r riFht. a~ arrrlcrati~?n ot Ihc indcbtcJncss ' ~ rviJcnrcJ hy th~~ Nute. _ =CORD~~ h~ - - ~i1' , `..~-v r! I ~ ~ 1 ~~~1~ . . . ..................cs~at) ~ ~n . s~ott ! P~ ~ ~ . 2407 HolidaX Cour.t'.j~ . . . . . . . . . . ~:-r. . . . . .(Sta!) ~ . . . r-~ • - ~ Fort Pierce, Florida ~~33450 ' i . . . . . . . . . . . . . . . . : i~i~tl~ ~~I~Iri~a . . . . . . . . . . . . . . . . . . . . - - . . . . . . . . . . . . . . . . . . . . . . . . . .~SC3~~ _ ~tr~~re Urrgrnaf On1y~ ~w. fl~R~~A- ~ ~o~l~m'Ir 6~15 INMI~iNtMC UNIIORa{ INSIIUMlNI U k~4 DACE ?74 ~ gOG!c . . . _ _ - - - _ _ _