The URL can be used to link to this page

Home My WebLink About0973 ~ E . SIMPLE INTEREST - - ' PROMISSORY NOTE ' PROPERTY RELATED ' No. A,pr31 .11 , _ lg 80 ' Y 3 FOR THE VALUE RECEIVED, the undersigned (and if more, than one, each of them jointly and severally; ra ,m,ses to pay to the orderof_ Sun Basnk of St. Lucie County, Fort Pierce, ,Flo,+c: t ~principalsum (Amount Financed designated below, together with Finance Charges from the date hereof at the Annual Percent ~ ~3 ate designated '•'t t,elow per annum on tM full amount of said principal sum remaining from time to time unpaid, payable in insta:~~ ~-s as hereinafter provided, together with costs and expenses of collection and reasonable attorneys' fees, including costs, exh.:_ ~ urd reaso+.able attorneys' feet on appeal, if collected by legs) proceedings a through an attorney at law. All payment, mau ~ i:.~,.:under Will be credited first to interest and lawful charges then accrued, and the remainder, to principal. t 1. Proceeds of Loan S _-_l 1., % 7 3. 5 2 l t) r 2. Inwrenq (tnNudl only if premium financed hereunder -specify types of coverage and state premium for each) - Flnoa Zns vi li Fa es S 1rta~+~ fnr nnpVrPar 30.00 ' 5---- 12) 3. Official FNS: Recording $ 2 0 . O 0 - Intan¢ble Tax S 2 5.9 2 pDo~cu~mentary Stamp iTba~x $ 19 _ 5 0 Deed---8r~es: (~~cr00) - Deed recording 4.00 ~C119. 75 Tots al ees ' ~ 5----185.17 (3) 4. Credit Lih and/or Disability Insurance Premium (Itemized below) S _9 72.06 (4) 5. AMOUNT FINANCED (1 + 2 + 3 + 4) g 1.2 , 960.75 (51 6. FINANCE CHARGE (interest only) g 2 , 056.05 Ig) 7. TOTAL OF PAYMENTS 15 + f3) - g 15 , 016.80 (7) 8. Your ANNUAL PERCENTAGE RATE is 3.00 ghlg) z _-The~bava-TOTAL-9~PAYt~1ENTS shall be payable in 120 monthly installments of $ 12 5.14 ems, pn , the,~.~~y of each successive month commencing on Maly 11 , , 19. 8Q. The undersigned promises to ~ . pay late charges not to Ixeeed 596of the amount of any payment or paymenu in default. _ ACCELERATION-In the event any installment of principal and interest is not paid when it becomes due, or tn~ h:,ppening of any i, t event of defauh, w in the event of the death of any maker, endorser a guarantdr hereof, the principal sum (AMOUNT FINANCED) s remaining unpaid hereunder, together with all accrued and past -due Interest, plus the credit investigation fee itemized above, less any } rebates required by law, shall immediately and without notice become due and payable at the election-of ttie holder at any time a thereafter. The amounts referred to above have been computed u -y~ respective scheduled due dates. The FINANCE CHARGE is imp ~ assumptioA that all installment payments w+11 ?x: made on the ; posed On the unpaid outstanding balance of the AMOU• JT FINANCED. If any installment is not paid in full on such due date the undersigned will be obligated to pay such additional amounts as may become payable by reason of the continuing accrual of FINANCE CHARGES at the ANNUAL PERCENTAGE RATE designated above. Any E resulting charges atxruicp on account of. failure Lo make timely payment on the due dates will sauce increases in some of the amounts designated above, and wch aggregate increase shall be payable at the time of the last installment if such charges do not cause the amount of the Isst installment to exceed twice the amount of the designated monthly installment, otherwise the resulting charges ~g shall cause the number of payments to be extended, provided, howerrer,•that no wch extended installment payment shall exiled ' twice the amount of the designated monthly installments. Any )ttctallment payment made prior to.sny due date or dates, or any prepayment, will cause decreases in sores of the amounts designated above for the reason that the unpaid outstanding balance of the ' AMOUNT FINANCED will be reduced and the ANNUAL PERCENTAGE RATE designated above is applied to such reduced out- " . standing balance. The undersigned has the right to prepay this indebtedness, in whole or in part, without penalty st any time upon the payment of • accrued FINANCE CHARGES to the date of prepayment, provided, however, that an partial re meet of rind ~aS shall Y P P®Y P 1 be ied ~I aDPI to the installment a installments of principal last maturing hereunder. Upon prepayment, Me undersigned shall obta,n a refund of - ~ the unused portion of the credit life and/or disability insurance premium included in the AMOUNT FINANCED cun:r,,iced under the "Sum of the Digits" ("Rule of 78") method. - PROPERTY INSURANCE, if written in connection vrith this loan, may be obtained by the undersigned throun~~ a:~ i person of his choice. Such inwranoe is not available through the above named bank. CREDIT LIFE AND/OR DISABILITY INSURANCE IS VOLUNTARY AND NOT REQUIRED FOR CRED, i . Such Insurance coverage is available at the cost designated below for the term of the credit. Florida law requires that before a,-v c.~eoit life insurance may be sold, the creditor must advise the borrower that he has the option of assigning any other policy or policies the debtor owns or , may procure for the purpose of covering said loan and borrower is so advised. ~ 1~1~CreditLifelnsurance(InsuredNo.li Constance Smith S 972.06 ' = ( 1 Credit Life and Disability Insurance (Inwred No. 1) BD 10-1-40 3 _ Joint Credit Life Insurance , a ()Joint Credit Life and Disability Insurance IOisability on Insured No. 1 only) ~ s , I/W desire the insurance erage indicated above. ~ • 4-11-SO ? nsur o. (Date) - ~ (Insured No. 2) (Date) SECURITY this loan is secured by s Mortgage of even data covering the followirp described property: (Describe) ' if The u ~~b~p r 40 0l a n ~'t m any re~ reed a uneer u i ~ of St. Lucie Count Flor da pr iums roe, any :nwrance fi• , Wanted hereunder. Y The Mortgage will secure future advances not to exceed S NSA , Presentment, notice of dishonor and notice of non-payment an hereby waived by each makrer, Indorser aid other party to this note, and each of them do hereby waive the right to be wed after dehuh in the county of their r The urtdersigtted sdcnowledges receipt of a completed copy ottflie no the date. - • 3101 <#~9snue D ` ~ _ i - ( rase) (Sep stun) (SEAL) Address) (Signature) s~ . ~~~1l,. : B00 PaGE 9~ ,s'~'4 I.a i l -