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HomeMy WebLinkAbout2126 1~IQTE l~ls s..z0.. Q4~.4A . FQF~ .I•a~d~Xda~~......., Florida Cltp First Nation 1 Betllc, o~FO ~e ~ethc undcrsi~nod ( Borfowcr) promise(s) to pay. $ ltirenty, Tfiou;sa~a~ and ' no)1i~b ~ ~ _ _ : _ _ ~ or order. the principal sum of . IDollaa, with intec~t oa the ur?paid principal balance from the date ut this Note, until paid, u the rate of . ~ s ~ 5....... . . . - percent per annum. hin~d~ppaal-and interest shall be payable u..300 .South .Sixth } .:StXee>;... FQict .P3~esCi~.. F1v~cidA .33458 , or such other peace u the Note holder~trtay t desiptate, is oonsoa~ve tttonthly installntenes of :.Tway . Hu~adxed :Eighty.. ana . not loo-.: . . --------------------Dollars (us s.z~~.oQ on the. ~Y&t . . . .............des d each moult .1''Isrs:11. y ~ bepanutg • 19 80.. Such monthty~ireata!Imcnts shall oorttiaue unt7 the entice indebtedness evidenced b t Note is f sly e_ xoent that sry Wince iexkbtcd- ness. it got sooner paid sbdl be due snd payable on..xFe~ruarx ;~,r,, i`J81,R ;bei;IIg , a,~,alloon payment . - li anY monthly installment under this Mott is tat paid when dw- jand remains unpaid after a date specifed by a notice to Borrower, the satit+e principal amount cwts:anding and accrued interrst theccon shall at once become due and payable at the optioa of the Note holder. The date specified shall not be less than thirty days from the date such ctoticae is mailed. The Note holder may exercise this option' acectet.~tc during any d;latt by_horrowcr regardless of any prior forbeanitoe. if snit is brought to collect this Note, he Notc holder shall be entitled to collect all reasonable coats and expenses at suit, encluding. but not limited nabk attorney's fees. - - . Borrowier shall pay to the Note boWcr a late charge o[.. f ive : : percent of any monthly iratsltment not ceoeived by the Notc kidder wi .......~€A ........days after the installment is due. - 8orro~trcr may prepay the principal amount ~ ing in whole or in part. The Note holder may requite -that sny putia! prepayments (i) be made on the date thly installments ate due and (u) be in the amount of that part of cue or more monthly installments which be applicable to principal. Any partial prepayment shall be applied spinst the prindpal amount outstanding a steal not postpone the -due date of any subsequent monthly installtrtetus or cltsttge the amount of such installments, the Note odder shall otherwise agc+ce in writing. If, within Eve years from the date of ttis Note. Norco e(s) any prcpayatents in any twelve month period f be~rnnins with the date oI this Note or 'verury cs reef ("loan year") urith money lent to Borrower by a - k-ceder otbcrthanthe Notc holder, Gorr hall pa t Notc holder (a) during cacti of skit lust three loan years _ _ _ , _ , _ none, , , _ _ _ .punt n y which else sum of prepayments made in any such loan year exceeds twenty percent of the original pri of this Note and (b) during the fouctb and fifth loan years . _ _ _ _ _ , _ , _ none, , _ , , _ , rccnt of the unt by which the sum of prepaytncnts made in any such loan year - exceeds. twenty percent of the .riginal .pat nt of this Note. - - - Prrserttmcttt, notice of d' ~ r, and cst arc hereby waived by a!1 makers, sureties, guarantors and endorsers hcrdof. This Note shall be the ' t snd _ era! obligation of all makers, sureties, guarantors and endorsers, and shall - be binding upon them gad their and assigns. Any notice to Borcowcr provided for in this Notc shalt be given by malting such notice by certified mail addressed to Borrower at the hopecry Addtrss stated below. or to such other address u Borrower may designate by notice to the Note kidder. Any notice to the Notc holder shall be given by mailing such notice by certified mail, return receipt requested, to tM Note holder u the address_ stated in the first paragraph of this Note, or at such outer address u may . - havr boon designated by notice to Borrower. i The indebtedness evidenced by this Note is secured by a Mortgage, dated....January_ 23,..1980_.__ _ _ , .,and n~tenrwe is mark to the Mcxtgage for rights a.~ to acceleration of the indebtedneu _ rvidenceil by this Note. - / s/ Bernard ~ Powell..... _ - '>~erna'rd' Dowell' ' - 7 0 S Avenue .:T _ (Seal) Fort Pierce,. 1!lorida 33450 ............................(Sql) - ~ p`O~' (Exe~utc Origirrel Only) - t !0 4 fx~-6175-t7glsf Fttilli Ill~t~ Mt1RY~ti1 F Bs r 6s R.~?. iom • F _ 1 - - - - - 3 . go~3~41~2~~ p~ -