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HomeMy WebLinkAbout0104NOTE us s ~~~•~ J~nu~rv . ~ Stuart. Florida FOR VALUE RECENED. the undersigned ("Borrower") promise(s) to pay FIRST NATIONAL BANK ~ ~ AND TRUST COMPANY OF STUART at its office ia thia c1ty. or order, the prlncipal sum of ---------- ---------------'IjTc'iTt'Y-FIVF: ~At~ AiVIi I10/100--------------------- Dollars, aith interest on the unpaid principal balance from the date of this Note. until paid. at the rate of 1~+.~'Ir- percent per annum. Principal and interest shall be payable at 815 Colorado. Stuart, FI or such other place as the Note holder may designate. in consecuNve monthly lnstallments of """"""'-"'-'-'-"--- --------Z~ee Htmc~eci Tcs2 snd 89/10~------------------ Dollars (US t~liLs~~ ). on the ~~ day of each month beginning ~~~~~ ~ . 19~. Such monthly instali- ments shall continue until the entire indebtedness evidenced by this Note is fully paid. except that any remaining indebtedness, it not sooner paid. shall be due and payable on ~. If any monthly installment under this Note 1s not paid when due and remains unpald aher a date speciHed by a notlce to Borrower, the entlre principal amount outstanding and accrued interest thereon shall at once become due and payable at the option of the Note holder. The date speciHed shall not be te8s than thirty days from the date such aotlce ia mailed. The Note holder may ~ercise this opdon to acxelerate during aay default by Borrower regardless of any prior forbearance. it sult is brought to collect tlds Note, the Note hold~r shall ~e entlded to collect all reasonabte costs and expenses of suit, including, but not limlted to. reasonable attorney's fees. Boaower shall pay to the ~ Note holder a late charge of i 5.00 or 11~~ percent of any monthly installment aot received by the Note holder within 10 days aker the installment is due. Borrower may prepay the pdncipal amount outstanding in whole or in part. The Note holder may require that any parHal prepaymeats (i) be made on the date monthly lnstallmenb are due and (ii) be in 1~ amount of that part of one or more monthly installwenb w61ch would be applicable to pdaclpal. My partial prepayment shall be applied agalnst the principal amount outstanding and ahall not postpone the dae date of any subsequent monthly installmenb or change the amount of such inetallmeat~, unless the Note holder shall otherwise agree in writing. Presentment, notlce of dishonor, and protest are hereby waived by all ma{cers, sureties, guarantors and endorsers hereot. This Note shall be the joint and several obligation of all makers, suretles. guarantors and endorsers, and shaU be binding upon them and theU succeasors and assigas. My noNce to Borrower provided for in this Note sball be given by mailing such notlce by certiHed mail addressed to Borrower at the Property Address atated below, or to such other addreas as Borrower may deslgnate by notice to the Note holder. Any notlce to the Note holder shall be given by mailing such aotice by certiNed mail, return receipt requested, to the Note holder at the addreas stated in the Hrst puagraph of thls Note. or at such other address as may have been designated by notice to Boaower. The indebtedness evidenced by this Note is $ecured by a Mortgage, dated ~ . and reference is made to the Mortgage for rights as to acceleration of the indebtedness denced by this Note. T:~S IS A BAISACi'1 i~aE'~GA4: A~ ZH"c FL~1AL PA~~1' OR ~ BAIZDON IXlE 11PC~~i :'A:UP~ IS~ ~23,343.t~, 1~OG~.'PrFE? tJI1~i A~IJF~ Ii~~[~tF.ST, IF At1Y, ~~~D AI.L At7~TA:~(~I5 ~ BY 1r1E :'DR~L"~xE Ut~'.)ds.'it ~ 1~'.Ri~S C~ Tt~S ~D?rIC',AC~. ~~~x 347 F~~~ 10~ ~o~cs- Aaar~ G •~' ~ ... - ~ _./~^c ~ . F.-.:.r',r. .., . s _ _. -_..2 /s/ Richard A. Gulick (Seal) RIQ~AttI) A. Gtli.IQC /s/ Lorna M. (~ilick (Seai) I.(J'.ZilP_ I~i. G'iA..I(K: .19 g~- ~~~~ ~ _ _.. ..~x.,_`'s ~`_'~~ ..