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uS 5.34.+.549..49 Fn.r. t..P i e.r. ce., Flanda
l'irv
.,.October 15._,,,,,,,,,,1979..
FOR VALUE RECEIVED, the undersigned ("Borrower") promise(s) to pay..Fi rs t, ,iVdt i 0n,d 1. , , , , ,
Bank Qf fort Ple.rCt'. ,
or urd~r, the principal sum of
Thirty-,Four, Thousand, F,i_ve.•Hundred. ar1d.,~0/.14U.-----------------
Dollars, with
interest on the unpaid principal batanrr fronr the date of this Note:, until paid, at the rate of . ,1 1 ,l,/ 4
rcent anRu t. P t i !and interest shall tx; payable at ..30 0, , $ 0,4 ~ h.. $ ~ .X t h.
St'reet'; fort"pi'e~ce, ~or~c~a ~~~~b
• • • • • • • • • • • • • • , ar such other place as the Notc haldcr may
dcsignatc, in crn~secutive monthly inaallments of T h.re e, .N u n d re ~ . t~ j pe,t Y `.S a v.e O..d n 5 6./. l OA ,
' ' - , , - ; - - - .Dollars (US S . 3 9.7.. 5fi on the 15.t h .
.............day ai each month beginning.... N.QYe,m~i~,r . ~ 5 . - 19.9.. Such monthly installments
shall rnntinue until the entire indebtedness evidenced by this Natc is fully paid,~except that any remaining indebted- {
ness, if not sooner paid, shall he due and payable an Q Gt Ob.@ t'..l 5.,. , 19.Q 4 ~
If any monthly installment under this Note is nut paid when due and remains unpaid after a date specified by a
notice h~ Burrower, the entire principal amount outstanding and accrurd inrerest thereon shall at once become due
and payable at the option of the Note haldcr. The date specified shall not fk less than thirty days from the date such
noticr is mailed. The Natc holder may escrcise this option to acccleratc during any default by Forrower regardless of - t
any pnur forbearanec. !f suit is brought to colic •t this Nute, the Note holder tihall hr entitled to collect all reasonable
rush and expenses of suit, including, but Writ lim ed ta, reasonable attanrr~~ s fees.
l;orrow~r shall pay to the Notr holder a late hargr o[.... f i_ve . , . , , ,percent of any monthly
installment not received by the Note iroldcr t e.11 days after the installment is due.
&?rrower may prepay the principal anraunt au -landing in whale or in part. The Note haldcr may require that
am partial prepayments (i) he made o the date me thly in' ailments arc due and (ii) be in the anraunt of that
part of one of more monthly instalhnc is hick would he ap licable to prineipaL Any partial prepayment shall be
applied .against the principal amount o tst nding and steal! at postpone the due date of any subsequent monthly
installments or change the amount of su instaUmems, u rss the Notc haldcr shall otherwise agree in writing. If.
within five years from the date of this e, Barrows make(s) am• prepayments in any twelve month period
txginning with the date of this Note or ann ~rsary dal s thereof ("loan year") with money Icnt to Borrower by a
Irndrr other than the Notc holder. Harrowers all pay he Nate holder (a) during each of the first three loan years
, n Op e , , , , , , _ , , , , , • _ , ,percent of the amo t by which the sum of prepayments made in any such loan year
exceeds twenty percent of the anginal principal amt rot of this Note and (b) during the fourth and fifth loan years
- . _ . N On E , , _ , , • , , _ , , , - • • rcent of the an punt by Which the sum of prepayments made in any such loan year
eurcds twenty percent of the ari - al rincipal an punt of this Nate.
Presentment, notice of dishan , a d protest re hereby waived by all rnakcrs, sureties, guarantors and endorsers
hereof. This Note shall be the joint nd ~veral ligation of al! makers, sureties, guarantors and endorsers, and shall
he binding upon them and their succc. and signs.
Ant• rn~tice to Borrows r provided for in th- Nate shall he given by malting such notice by certified mail addressed
to Borrower at the Property Address stated ow, tic to wch other addres. ac ]Borrower may designate by notice to
the Note haldcr. A oticc to the 'ore hold r shall be given by mailing such notice by certified mail, return receipt
reyuestcd, to the N to ha er at the ddre~s and in thr tint paragraph of this Note, or at such other address as may
have born dcsignatc by notice to rrowe
The indebtednes, •videncrd ~ this N to is serurrd by a 4lartgagr, dated 4 C t Q b e r , 1,5 , - , l ~ 7.9 : • , . .
. . an refcren ~ is maJr to thr Mortgage fur right.:ts to a~ccleration of the indebtedness
r. ids nerd by this Note.
- • - ~ ~ r:.. ?t~ .~C/........(Seat)
" Michael E3. Pa etr,son
--Route 4, Box..l.l~ ~ i',=-~,. -
. .barba~ra ~R. ~ Pa t •r"o ..............(Seal)
t e s n~
Fort Pierce, Florida,3345Q _ . ..........................................(Seal)
Property Address
I ~=xc'cufP Orrgina! Onlyl
FlQRfOA- -t totfamity--6!l5-iNMAiftIIYC UNIFONM INSTNUMENT FBS t54 Nev. ro/»
~l~ 318 P,~1837