HomeMy WebLinkAbout0217 11,ZOO.oo NOTE
US = Stuart. Florida
o~bot~er _ ,19 80
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
-----------~I '[I.1rJI1SAI~ID -TS~U HiI~ A'~ID *A/1~----------------
Dollars. with interest
on the unpaid principal balance from the date of this Note. until 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 may designate. M' consecutlve monthly installments of
---------0tr Ifi~~x~ad Fi,~,ty ~d 7n/1(10-----------------boliars (US s 1~.7~
on the rl/ day of each month beginning ~O , 19~ Such monthly install-
ments shalt continue until the entire indebtedness evidenced by this Note is fully paid. except that any
remaining indebtedness. U not sooner paid. shall be due and payable on ~ -3~ 1935
If any monthly Installment under tleis Note Is not paid when due and remains unpaid after a date
specified by a notice to Borrows. the entire principal amount outstanding sari 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 days from the date such notice Es mailed. The Note holds: may exercise this option to
1' accelerate during any defauk by Borrower regardless of any prior forbearance. if suit is brought to collect
~ this Note. the Notc 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 Note holder a late charge of =5.00 or
tj/~` -.percent of any monthly
Installment not received by the- Nute holder within 1~ days after the installment is due.
Borrower may prepaq the principal amount autstanding In whole or in part. The Note holder may
require that any partial prepayments (I) be made on the date monthly inatallrr!orlts are dze and 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 writing.
Presentment. notlce 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 maker. sureties,
guarantors and endorsers. and shall be binding upon them and thetr successors and assigns.
Any notice to Borrower provided for in this Note shall be given by mailing such notice by certified -
i mall addressed to Borrower at the Property Address stated below, or to such other address as Borrower
! may designate by notice to the Note holder. Any notice 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
E paragraph of this Note. or at such other address as may have been designated by notice to Borrower.
I, Octiober d,3/ 1930 ~
The indebtedness evidenced by this Note 1s secured by a Mortgage, dated
and reference is made to the Mortgage for rights as to acceleration of the indebtedness evidenced by this • ~
Not~II.S I.S A BALitI(Iff '.t'TtiC~Ar'£ A."ID 1ffi? FL1AI. PA~?IFiYT (lP 'I~ BAI~~1R+i TQ~ UP(7.j1 "h1TL~RI'1'Y fi
LS $7, 593. G0, TrCt Wi'IIf AC(,It1}Ps?1 IPn~tE~T, IF' APIY, A:ID ALL ATNA? . ~ ~:.YIS :~(Ps. AY
T'~ r L~`~'Jt THE ~ C!F THIS ''~t'Ir~?S~.
is/ Bill Coats (Seal)
i
~ /s/ Ma~rla~e Coaits (Seal)
~SAI~?dE OQATS
aoox3~z Pay ~.7 (seal)
Property Address
E
F~ 4
F'L
- - - f;:_~
i