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HomeMy WebLinkAbout1926 5 NOTE US : 17,000.00 Stuart. Florida ~1 i~ ,19~ FOR VALUE RECEIVED, the undersigned ("Borrower") promise(s) to pay FIRST NATIONAL BANK AND TRUST COMPANY OF STUART at Its office in this city, or order, the principal sum of -----------------SBV~1 Ti~SAAD AID PA/100--------__~__~--- Dollars. with interest on the unpaid principal balance from the date of this Note. until paid, at the rate of 14•~ percent per annum. Principal and interest shall be payable at 81S Colorado. Stuart, F7 or such other place as the Note holder may designate. in consecutive monthly installments of 1Fao wed 1~ty-Si7[ 8fid 4Q/100----------_- 226.40 Dollars (US i on the day of each month beginning ~ ,19~ Such monthly lnstaU• meets shall contlnue untll the entire indebtedness evidenced by this Note is fully paid. except that any remaining indebtedness. if not sooner paid. shall be due and payable oa ~1 ~`J, 1~5 , [f any monthly installment under this Note L not paid when due and remaias unpaid after a date specified by a notice to Borrower. the entire principal amount outstanding and accrued interest thereon shall at once become due and payable at the option of the Note holder. The date specified shall not be less than thirty daps from the date such notice is mailed. The Note holder may exercise this option to accelerate during any defanh by Borrower regardless of any prior forbearance. U suit is brought to collect this Note, the Note holder shall be entitled to collect all reasonable costs and expenses of suit, including. but not limited to, reasonable attorney's fees. Borrower shall pay to the Notc holder a late charge of 65.00 or N/A _ perunt of any monthly installment not received by the Nute holder within 10 days after the installment b due. Borrower may prepay the principal amount outstanding In whole or in part. The Note holder may requirc that any partlal prepayments (1) be made on the date monthly installments are due and (ii) be in the amount of that part of one or more monthly installments which would be applicable to principal. My partial prepayment shall be applied against the pr[ncipal amount outstanding and shall not postpone the due date of any subsequent monthly installments or change the amount of such Installments, unless the Note holder shall otherwise agree in writlng. Presentment. notice of dishonor. and protest are hereby waived by all makers, sureties, guarantors and endorsers hereof. This Note shall be the joint and several obligation of all makers, sureties, guarantors and endorsers. and shall be binding upon them and their successors and assigns. My notice to Borrower provided for in this Note shall be given by mailing such notice by certified mail addressed to Borrower at the Property Address stated below. or to such other address as Borrower ' may designate by notice to We Note holder. My notice to the Note holder shall be given by mailing such notice by certlfied mall. return receipt requested. to the Note holder at the address stated in the first paragraph of this Note. or at such other address as may have been designated by notice to Borrower. The indebtedness evidenced by this Note is secured by a Mortgage, dated A~1 l.~ 1980 and reference is made to the Mortgage for rights as to acceleration of the indebtedness evidenced by this Note. Tf~.S IS A BALZAQ`i MET(~AGE Ai~D ~ FII~IAL PAS OR ~ BAI.AtXL I~ tEQ+i MfAlilR1TY IS 14 586.00, 10( `ii1H ~Ot~FD II~SP, Ili' ANY, Alm AIL ADVANl3?~Fl+TrS MAZE gY ~ 1IE 1F1i~6 aF ~ >vOKIC~E. /s/ Richard Miller {Seal) RICUARD /s/ Atha R, Miller (Seal) ~i~ A~ ~ 8(}OX ~ F16E (Seal)