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HomeMy WebLinkAbout2167 It i a NOT E ltS S. 25, 000...00 _ . , Fort..Pierce , . , , . , .,Florida cry November 20 19 79 FOR VALUE RECEIVED the undersigned ("Borrower") promise(s) to pay. FIRST, NATIONAL , _ , , , BANI; OF FORT PIFRC>;. Tr,,T~NT~-)`~VF,_ TI-~QUSA~ID,Q~]Q, NQ~1QQ-,----------- °r order. the principal sum of ..Dollars, with interest on the unpaid principal balance from the date of this Nute, until paid, at the rate of 1.~ .percent per annum. Pr nci al and interest shall be payable at. 300, South, .Sixth, .Street_,..Fort_ .Pierce.,. .Florida. ~3~50 , or such other place as the Note holder may ~lesif;nate, in consecutive monthly installments of. F~~1.~ HUNA~EA .$~~{TX-N~N~. ANU..NO/.IOU-----. _ -------------------..Dollars(USS 569,..00.................. onthc... filrs.~......... ..:........day of each month beginning........I8t1ua1:}t . l........., 1980 Such monthly installments .hall continue until the entire indebtedness evidenced by this Note is fully paid, exce t that any remaining indebted- ness, if not sooner paid, shall be due and payable on pe~~ltlt?~X . ~.,..~9.~'4 If any monthly installment under this 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 become due :end payable at the option of the Note holder. The dates ~cificd shall not he less than thirty days from the date such notice is mailed. The Note holder may exercise this option to accelerate during any default by Borrower regardless of :uiy prior forbearance. If suit is brought to collect this Note the Note holder shall bet entitled to collect all reasonable osts and expenses of suit, including, but not limited nable attorney's fees. Borrower shall pay to the Note holder a late charge of five . . . . . . . . .percent of any monthly i ~:~aallmcnt not received by the Note holder wit ' to ..........:....days after the installment is due. Borrower may prepay the principal amou ou -landing in whole or in part. The I\'ote holder may require that .urn partial prepayments (i) be made on the d c nthly installments arc due and (ii) be in the amount of that art of one or more monthly installments which Id be applicable to principal. Any partial prepayment shall be ~ applied against the principal amount outstanding shall not pus nc t due date of any subsequent monthly ~ installments or change the amount of such installmet unless the ote Ider shall otherwise agree in writing. If, within five years from the date of this Note, Burrow r make )any prepayments in any twelve month period ~ beginning with the date of this Notc or anniversary dates they f ("lo n year') with money Icnt to Borrower by a lender other than the Note holder. Borrower shall pay the N e hold r (a) during each of the first three loan years none . . . . . . per t of the amount by ich t sum of prepayments made in any such loan year exceeds twenty-percent of the origin pri ipal amount of his N c and (b) during the fourth and fifth loan years none,, , , , , , , , , , , , , , , , , , }x;r ~ t o he amount b whic the sum of prepayments made in any such loan year r~ceeds twenty percent of the original cip amount this ote. Presentment, notice of dishonor, and of tare he eby w rved by all makers, sureties, guarantors and endorsers hercuf. This Note sha be the joint and sever obligat" m of 1 makers, sureties, guarantors and endorsers, and shall hr hinding upon the an their successors and assign. Any notice to 80 ower provided fo in this Not shall • given by mailing such notice by certified mail addressed to Borrower at the ProptlZty Address slat d below, o to su other address as Borrower may designate by notice to the ;\c~te holder. Any notie~ to the Note older sha be biv n by mailing such notice by certified mail, return receipt «yucsted, to the Note holder t the addr ss stated i the fi 't paragraph of this Note, or at such other address as may hacr heen designated by notice o Burr wcr. y g g November 20.,..1979 ~I he indebtedness evidenced is Nutc is s cured a Mort a e, dated.... . ........................and reference ism r to the Mortgage fur rights as to acceleration of the indeMcdness evidenced h~• this Note. ~ = ~~-<•.'~c1t=. Z:~.~ . ~C-f~/ - ..(Seal) "Ri'`clia'rd'~itiysse . 1679..Thumb..Point..Drive............ - ~:%...........(Seal) ' Gfitb~ ii~~ 'HtiyS S e I•'e~rt fierce: Florida 33450 ..........................................(Seal) ~ Property AJJrca (/:xt'crr/P Uriginul Ortfy) 1 I fIORIDA---t to I i~tu~y-6/75-fNMAlfHIMC UNIFOUI INSTNUMENT ~oK~ D~ ~/L_i; ~5 rep rtes. roan T(++- w .