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HomeMy WebLinkAbout2081 ' ~ NU'I'E US Z... ,~~r000: 00 ..........Fort. Pierce....., Florida un March. 13..........., 19 79. FOR VALUE RECEIVED, the undersigned ("Borrower") promise(s) to pay . . Su1>. flank .4~. St •..trr?C~~. County pt o~det, the principal sum nt . Z~~ntX-FiYe. Thousand. bpd ,qo/100---= .Outlet:, with interest on the unpaid principal balance from the date of this Notc, until paid, at the rate o[ nine and, three-fourths-- . ..percent per annum. Principal and interest shall be payable at . 111 Orange. Avenue , . .Fort .Pierce,, F.~QZida. X3450 , , , , , , , , , , , , , , , , , , , , , , or such other place as the Note holder may duignate, in consecutive monthly installments of . 'Ilea .hundred ,sixty-four _and. 85/100 ~ Dollars (US S ..264.85.... on the.................. . . i$t.... _ ....day of each month heginning....April_ _ .1. _ , . , _ 1479... Such monthly installments shall continue until the entire indebtedness evidenced by this Note is fully paid, cxct:pt that any remaining indebted- s ness, if not sooner paid, shall be due and payable on ......March: 1. 1994 It any monthly installment under this Note is nut 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 become due and payable at the option of the Note balder. The date specified shall not he Icss than thirty days from the dale such notice is mailed. The Note holder mas rtercise this option to accelerate during any det:rult by Borrawcr regardless o[ any prior torbearancc. It suit is brought to collect this Notc, the Notc holder shall be.entitled to collect all reasonable -costs and expenses of suit, including, but not limited to, reasonable attorney's tees. Borrower shall pay to the Notc balder a late charge of tW.° percent of any monthly installment not received by the Notc holder within , _ ..ten , _ , , . ,days after the installment is due. ' Borrower may prepay the principal amount outctanding in whole or in part. The Note holder may require that any partial prepayments (i) be madr an the date monthly installments arc due and (ii) be in the amount of that part of one or mare monthly installmrmc which would he applicaMc to principal. Any partial prepayment shall be: applied against the principal amount outctanding anJ shall not postpone the due date of any subsequent monthly installments or change the amount of wch installments, unless the Notc holder shall otherwise agree in writing. If. f within five years from the date at this Note, Borrower make(s) any prepayments in any twelve month period beginning with the date of this Note or anniversary dates thereat ("loan year") with money Icnt to Borrower by a f lender otttcr than the Note holder, Harrower shall pay the No1c holder (a) during rash of the first three loan years 4.875 . , . . percent of the anwunt by which the sum of prepayments made in any such loan year exceeds t 3 nOty percent of the original principal amount of this Note and (b) during the fourth and fifth loan years ~ pcrcrnt ..f the amount by which the sum of prepayments made in any such loan year exceeds twenty percent of thr anginal principal amount of this Notc: s Presemmrnt, notice of dishonor. and protest arc herrbv waived by all makers. sureties, guarantors and endorsers ~ hereof. 'This Notc shall hr the joint and several obligation of all makers, sureties, guarantors and endorsers. and shall be binding upon [hem and their successors and assigns. Any notice to Borrower pn.vided for in this Note ,hall hr given by mailing such naticc by certified mail addressed to Borrower at the Pmprrty /\ddress stated below, or to such athrr address as Harrower may designate by notice to the Note holder. Any naticc to the Nate haldrr shall be given by mailing such nr~tice by certified mail, return receipt requested, to the Notc holder at the aJdrrss stated in the first paragraph of this Notr, or at such other address as may have hero drsiFnalyd by naticc to Barn+acr l he indrbtcdncss cvidcncc~l he this I`ak• i. srrurcd h~• a l11at tgaFr, d fed . . . . . . . March .1~, . x.9,7.9 and reference is madr to Ihr Mortgage for rights as ni acceleration of the indebtedness evidenced by this Note. MAILING ADDRESS: ' f 2300 Red Run Court A t.G ~ ~ ~ ~ i P _ ~ • ~ Lt,..c . i:!_~.L ~s. ~ . (Seal) K Royal Oak, Mich. 48073 Geraldine L. Sellheim i . 7.3.~~ .Sayshox.~ .Drive,. ARt.. ll3Q~........ ..........................................(Seal) E { ~ gORr vAG: ~ I a7 ; . F,tart .Pierce.. F.lorida...33450....... ..........................................(Seal) Prot+erq Addre~s 1 F:xtc uTt Original Only) flORIOA 1 d Ir~~~!r 6!75 FNMA/INIMC UNIIORM IMSTAUA1fNT z:_