Loading...
HomeMy WebLinkAbout1376 ' i~~.~: 1 ICD 69-406M Under 15M-Secu?ed w/real estate-nonballoon PROMISSORY NOTE No. gun ~=ank of 3t. Lucie County $ ~~~9z (Name of Sun Bank) Febrw?rsr 21, , t9 ZL_ For value received, the undersigned (and if more than one, each of them joint) and severally), promise to pay to the order of --.Sun )'sattlc of .mot. luoie County-- , at ~O~t Pieroe~ ,Florida, the sum of -~tanwLee hunrired t~r° >ind 92/100----- DOLLARS l$ l~•~ 1, (TOTAL OF PAYMENTS, payable in monthly instalments of $ each, on the al~• day of eadt successive month commencing on , 19 together with costs of collection, including attorneys' fees equal to 10%` of the principal sum or such larger amounts as may be reasonable and just, including all costs, expense and reasonable attorneys' fees on appeal, if collected by legal proceedings or through an attorney at law. The undersigned promises to pay late charges not to exceed 596 of the amount of any principal payment or payments in default. All payments made hereunder shall be credited first to interest and lawful charges then accrued and the remainder to principal. The amount of this note includes the proceeds of S l~E,~.~QA ,recording fee of $ 21.00 ,credit investiga- . lion cost of $ ~n nn ,Credit life and/or disability insurance premium (itemized below) of $ 139.35 , intangible tax of $ nf,~0 ,documentary stamp tax of $ ?.7o and other charges 'title Ins. `,6.25 of $ 5`•?5 (resulting in a AMOUNT FINANCED of $ 17x1_40 ~ IDescnbe and state cost for each) z plus a FINANCE CHARGE (consisting only of interest) of $ 112.02 (which is es~rr~ied to begin to accrue on eb. 21, 197) resulting in an ANNUAL PERCENTAGE RATE of 96. The undersigned has ~ the right to prepay this loan in full and obtain a refund of the unearned portion of the finance charge computed under the "Sum of J the Digits" method. In the event any installment of principal and interest is not paid when it becomes due, or in the event of the death of any maker, <~; endorser or guarantor hereof, the entire amount of this note, less the amount of any rebates required by law, shall become due and ~ payable at the election of the holder at any time thereafter. ~ ~ PROPERTY INSURANCE, if written in connection with this loan, may be obtained by the undersigned through any person of his choice. If the undersigned desires property inwrance to be obtained through the creditor, the cost will be $ € Q for a term of months. 3 CREDIT LIFE AND/OR DISABILITY INSURANCE IS VOLUNTARY AND NOT REQUIRED FOR CREDIT. Such Inwrance ~ coverage is available at the cost designated below for the term of the credit. Florida law requires that before any credit 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 - or may procure for the purpose of covering said loan and borrower is so advised. ~ Lif e ~ ~ 1 1 Credit Life Insurance (Insured no. 1) $ •22 Cr. ~ i~+ 1 Credit Life and Disability Insurance (Insured no. 11 ilillie Thelaar< Pleee $ cd•1? .~4H ~ ( 1 Joint Credit Life Insurance- ~ 2-19-31 S ( 1 Joint Credit Life and Disability Insurance i J (Disability on Insured no. 1 only) $ r I/We desire the insurance coverage indicated above. v Q ~illie_.Thelma~_Pleea 2-21-7Q s hnsured no. 11 (Date) hhee pp ee~~xx(lnwrdded nLo. 2) (Date) SECURITY -this loan is secured by a MortgaggQf even d to o pUD1f1C re~oras OZfe~tl. ~t C~~e(~otin~~I ilea) :state M.tutga~tr on TTiille in t~c ~ Florida. The Mortgage will secure future advances not to exceed $ Y ~ 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. . y The undersigned acknowledges receipt of a completed Dopy of this note on the above date. 2514 ::venue I /s/ ~ITillie Thelma Plese (Address) Signature: SEAL ~ Fort Pierce, Florids '~31?50 (Addressi Signature:~s/ gene Milliaas, Jr. SEAL Doc. atampa in the amount of 12.70 affized to sortgage deed. 4.~~-000-~ Rer tz,» o R 13?4 r..wr...n.. ao~(3t14