HomeMy WebLinkAbout0066 ~ NOTE
US : • Stuart. Florida
At~ust .19~
FOR VALUE RECEIVED. the undersigned ("Borrower") promise(s) to pay .FIRST NATIONAL BANK
AND TRUST COMPANY OF STUART at !ts office in this dty, or order. the principal sum of
PC~'lY AMID 1~/100----------~~~---
Dollars. with. taterest
on the unpaid principal balance from the daft of this Note. uatll paid. at the rate of ~ • percent
per annum. Principal and interest shall be payable at 815 Colorado. Stuart, Fl or such other place as the
Note holder ma des
y agnate. in coasecutlve monthly installments of
Four I~ur~dred lhitty
Zi>rie ao~d 48 100--------- 433.48
Dollars (US i
on the daq of each month beginning ,19~ Such monthly install-
ments shall contlnue natll the entlre indebtedness evidenced by this Note is fully paid. except that any
remaining indebtedness, if not sooner paid, shall be due and payable on ALI~>st 1986
If nay monthly installment undet this Note is not paid when due and remains unpaid after a date
specified by a notlce to Borrows, the entlre principal amount outstanding and acuued tntere~t thereon
shall at once become due sad payable at the option of ttie Note bolder: The date specified shall not be less
than •thirty days from the date such notlce Is maUtd. The Note bolder may exercise this option to
~I accelerate daring arry defank by Borrower regardless of any prior forbtarance. !f suiYis brought to collecf
~ this Nott, the Note holder shall be entitled to collect all reasonable costs and expenses of suit. including,
but not United to. reasonable attorneys fees.
Borrower shall pay to the Note bolder a late charge of :5.00 or N~A percent of any monthly
installment not received by the Note holder within ~ days after the installment is due.
Borrower may prepay the principal amount outstanding in whole or in part. The Note holder may
~ require that any partial prepayments (i) be made on the date monthly instsUments are due and (U) be in
the amount of that part of one or more monthly installments which would be applicable to principal. Any
partial prepayment shall be applied against the principal 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. notlce of dishonor. sad protest are hereby waived by all makers. sureties. guarantors
and endorsers hereof. Thi: 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 notlce to Borrower provided for in this Note shall be given by maiUng such notice by certified
mail addressed to Borrower at the Property Address stated below. or to such other address u Borrower
may designate by notlce to the Note bolder. My notlce to the Note holder shall be given by mailing such
notice by certified mail. return receipt requested. to the Note holder at the address stated in the first
paragraph of this Note. or at such other address u may have been designated by notice to Borrower.
The Indebtedness evidenced by this Note fs secured by a Mortgage. dated At~t ,
~ and reference is made to the Mortgage for rights as to acceleration of the indebtedness evidenced by this
Note'140rS IS A BAIJAQd M~~ AMID ~ FIrIp?L PA~E?Yr aR ~ BAIZAt~T I7IE i~tri r)AZURTiY
IS 3~i 607.66 10f~~R Wl'IIi AO(IaED Il~ST, II'' ANY, A1~D AIL AWANCFMfiTI'S MAt~ SY
~ [I~1t 1l~E 1ffi~6 f~ 1~I3
/s/ Ransom R. Tilton (Seal)
RAN9QZ R. TII.1CN
• (Seal)
8337 p~E 6~
(Seal)
Property Address