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f ' SI~IIPLE INTFRESY
E ' PRQMISSOkY NUl-E
PROPERTY Rf_LATI:D
No-. _Marcl. _17~- 1J 80
FQR THE V11t !'E RECE~VFD, tine un,?e:sian~tt ;drd it mere lh.tn r.ne ~•.tra? r~` ~h• m r er•tly dr.u srtvt~ r!i•r - r;e~. to ,.ay to
ttteo?derof Sun _Sank of-_St.._I~uc-ie_Coun t_y1_._•___Frlr~ Pier~g-,_______w.__._.,'f:r... ~l,-inr•:;);; gum
IAmarnL Financed dcargna:ed )~1JrJ, tOJa:;hd( ::r h f'; ~:,.lce Charges llOrn thi• ddi+! ha:~•:•f at thr: AnnaJi (r.fi:~' v i:!•:r~u.~l I
t?ztow per annum o t the foil a,t~oant of ;,u<! prir•.:iaa? •,u.n t~mainin~r ~rOrn t ri ter tfmr c nt,~ r}, f,:ry;tr! > - f,w ~::.r~t, ,
Provided; together ti•rth rosL Jnd etl:rrr.,• of Crrl,•,:rinn ar,rl rea•unabl~ i.tr rr.o,•,' h•r•., inC',:lurg c u-,, .
attorneys' fees On dptrda?, if C~)NCCIei? lry 1.;4x1 pry;;~,•,JinG~ Ur thrUUlh ,ff• Jitc•!r ry , ! ; ,•N 1111 ;i'r rt..Dr•, . r~ . ~ ~ .
Credited first t0 rn:+•frst and 1~~„1•.i t:h,ny.: tt?cn a;:~ri.,•c, ~:.ui Itr.~ ;eu,,:i :ri~•f . Iu .rr ,
1. Proceeds of t_oan ? , ;1
2. insurance frrciude only r , : r-. r: firr ; t,:~• (f . r .~r.h : {1 iy~
of Covrra,K> ~~+.d Stat.~ F~+ :m,unt for ,:.;c~,}
3. Official Fc~••~ ~ -
Rey ording _ ` • ~
Inlin_i•i?le iJ?
tdortgagees ti* 1~~ ins. 5r_ . ~ 5
Total Officia; Fr_ - - - _ yS- - ~ _
4. Credit life ardlor D:saaii+ty~ Ir~sur~nc~ Prrnz,urT=. illrntiaed belu.v) $___.;3,_~~ -.,.fit
5. AMOUNT FINANCED it + 2 + 3 + 41 S 2028.46 r51
6. FINANCE CHARGE tirterest onryt S -158.54 1ti)
7. TOTAL OF i'AYMEt~TS l5 + 61 $ 2 1 fi7 tJn {7)
8. Yrxrr ANNUAL PERCENTAGE RATE is - ;81
The abova TOTai_ OF PAYfac?v1-S sh,il t>e payable rrt_.-.6~ montfJy irs!a!?rrrr,ts as $ - 3 G . a 5 - _ Fz~h r;n
;he 16tc~3y of ea~h succassive n:on;h .on~nz~nang on APri 1 16 , 19 80. Trr.._,•.~ % p•~mi~.
pay late charges riot to exceed 5`laof the ;rrirount of any payme+tt oa paymens =n default.
ACCELERATIO'zt In the event airy irsta!!+nant at princifral and interest +s fiat ttaid wren it txr_umes Cue• or ~ i•-,•,L;-•,;:,y -s' .,,,y
event of default, or in tF:e e;rer•t of the death cf a::y maker, endorser ,r g ,•t.a rtor t;er oi, ttre-i)rinr.;t>;r; sure ;;.'.::Ulu (=!i~i~t:.D)
rrmaining Unpaid hereunder. tcg•:rrer ;vith all accnred and past due int.>rrat, t•I,,s rht• r;re•_tit rn:~estigati x~ f•~~ ~~,:rr..~.-::.•_•~,1+_, te.,• : ~y
rebates required :y ~as.•, st::e?i i;rrne:'.lately a=ui sti~ithout nonce b~rane dui r•.fi p,:y ,b'e at rtt, eir:c*:-.n of r', • . r c• .-r,
thereafter. -
The amounts r?tzrred to strove haul tree!2 computed Upon the assumpt.:m that a( ins'.t lrrt=~•n; l,ayrren! . i' , ,a
respective schedu'.ed sue dates. The FINANCE CHARGE is imposed ort the unts.eid uutsta+~ding o:lance of the A':'7i,`.T ; 1'!.'•! r:"r~.
tf any installme:~t is not paid in !ul° on such due dale ±hc. ur+dersrgned w~li be otf!u;a:f'd to nay tit rh c~ddi~roir,' ~ -u:.:::;
payable by rea<on of the continuing accrual of Fif~rZNCE CHARGES,; tnrr At•J'i1t~.L PrRCE?'dTAGE RATr
resulting Charges 3cCruirrq ot~ a~:r:JUrt of taii;re Fo m.aF.f~ tam:.ly payrnrint ran thr dui -tsrn• N„(i ; in• rea~.es r _
designated above, and such ag,regate increas? shall he payable .a th? ?ime rr' ?i ! ,.t t;'l•r., rrt f .ur•h •a .y -
amount of the IiSt 1.15t illril•_;2j !O er~ee~i LW iCQ 'tl& ~tYt CrUn1 Of the ;iaS:i3nati'•' In~,t??li:'y" rnSt )l't>,f?1?t• r ttl@t i~ ' .i~'!. .
shall Cause the nur.rtxr of Uayrreras ;o he extercir a, r~+wii?''ct, t~n~tever, th, r.n ;ucr< <•K•:•e=.cifrrf ~aUm: r ~ >yr•~ •r
twice the amount of t!!° Lrf"• y ;.i!df~ to ~~Jitf;ly rn:t;l %i?1•Jt r•, /any !i}5; 31({ll-'nt `!•y alt Il; fF ~ I,fipr tf~ dny rl e t !S, -
prepayment. wilt cruse ct?cr.•cs,•s in some of tine ~dP~~,.ret~ de;i natr•r~ above fo• t°ir rrt ;Son tlr. ' t l ; ' drlr`@ Of the
g ii hr' ten girl r~ut.•.:.:u r
AMOUNT FINANCED wi'•i be r~_fuc.~d and the A'•Jl•:UAt_ PERCENTAGE RATE dec.gi,ated abOOe i; app!i~d'.o ~,-cn reduced out-
standingbalance.
The undersigned has t!re ::•~`it in Gzrepay tt.is Inrt~otec> less, in ssfia?e or rn mart, without penalty =r? my titre •~pOr. t`~e FaL'mPnt of
accrued FINANCE CHARGES to thr .?.ae of prepaymen?, provided, ha,,v''ver, that any pa: Ua` p:epayn~ent of pn~cipc: chg!t be app'ied -
to the installment or insta??mer.ts of p:incipa( last maturing hereunder. Upc,n prepayment, trtr• underigned sha'' obtain a refund of
the unused portion of the cr~ttit life andiur dis~bitity i;- prance premium utctud''d in the Ah'O'J~JT a^INANCEO con~puti:d under the
"Sum of the Oigfts" {"Rule of 78"?~method.
PROPERTY ih;SURANCt, if wr:;ten in connection wrth this loan, nzay ire obtatnad by the undersigned througtr any pe-son of his
choice. Such insurance is not available through the above named bank.
CREDlT LIFE AND;OR DiSAI31L17Y INSURANCE IS VOLUNTARY AND NOT R~QUlREO FOR CREDIT. Such Insuranr~
coverage is ava iahte at the cost designated below far the term of the credit. Florida law requires that before ar.y creffit life insurance _
may be sold, tha Cre:fitor must advise the borrower that he has the option of assigning any other policy or policies the debtor owns or
utay procure for the purpose of covering said loan and borrower is so advised.
~llCtedit Li+e Insurance (Insured No. 11 Mattie- Alexander ~ 45.00
I I Credit life azd Disability Insurance (Insured No. 1) BD $-4-12 $ -
i Joint Credit Life Insurance Life Insured $ 2 , 00 , 00 $
1 IJointCredit Life and Disability Insurance for 36 moot s
(Disability on Insured No. 1 only) l =
I/We desire the insurance coverage indicated abo•re.
/ t1
- C~-~~ _ ~ ~L: 3-17-80 ,
Ttnsured VT-o.- I
? tt?aicl ~ i ( cured No. 2) IDate1
SECURITY -this loan is secured by a hlortg~.ge of even date covering the followinngg described property: (OeSr.~ifA•)
Lots lr~, 11 and 12 Block 1 , Service Home Bpi lders, Inc. S-u-pb-d~ivision
The undcrsrgne ite r,,n a ho Pr a t ~ s-rty i ter tin an t ra rn ~ r z from <rny
,nsu~ranre
fifi. -
o;:~~ ~.heE~n~c"f~ o~ Lt~ct~~ ~o~N~~r~'~1'~'X~a. ~
nanced hereunc?•:r.
The :~',urtg: gf: v..!i securr: furore advances no! :v ::xc ed $ ______jl~g,- - •
Presentment, notice of dishonor and ::Once of t°w'-payment ore heret?y waiv~~ by each rr.aker, endorser ar:ci ether party to this
note, and each of them do hereby waive the right to be sued after default in the courtly of their r~sidsnCe,
The undersigned acknoviledges receipt of a completed copy of thi; note a~~t~~tio~e 7i~~X der
609 North 15th St . - _~!r~°_-~v h.cl<-~ ~ (SEAL)
i ddress) (Signature)
r
t,i< Z7 PAGE-~~
-lSE AL )
(Address) (Siftnotur!)
3-0W7-0OE?~ Mv. 1(1/79
Doc Stamps in *_hc amuurtt of 3.15 affixed to the mortgage.