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HomeMy WebLinkAbout1226NUTE us s istooo.oo Stuart. Florida .. Tabrnwrn ~ 1 ,19,$L FOR VALUE RECE[VED, the undersigned ("Borrower") promise(s) to pay FIRST NATIONAL BANK AND TRUST COMPANY OF STUART at its office in this city. or order, the prlncipal sum of TI!'iBEit ?l~OUEApD A11D N0,/ lOQ Dollars, with intetest on the unpeid principal balance from the date of this Note. until paid. at the rate of i~s~ 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 consecutlve monthly installments of O~e Bundrad Ninet~--Nina aad 76/104 Dollars (US s~~ ), on thP -~S~ day of each month beginning ~nh ~~~ . 19 e1 . Such monthly install- 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 tfbsnas'~- '~S~ 19~_ _ If any monthly installment under this Note ls not paid when due and remains unpaid aher a date speciHed 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 speci8ed shall not be less thaa thirty days Irom the date such notice is mailed. The Note holder may exercise this option to accelerate during any defautt by Borrowet regardless of any prior forbearance. lf suit ie brought to collect . thls Note. the Note holder shall be entided 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 i5.00 or ~~A percent of any mont6ly iostallment not recelved by the Note holder within 10 days aher the lnstallment is due. Boaower 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 instalimenta ue due and (ii) be in d~e amount of that part of one or more monthly iastallments w61ch would be applicable to pdncipal. Any parNal prepayment shali be applied against t6e principal amount outstanding and shall not postpone the dne date of any subsequent monthly installments or change the amourit of ~uch lnstallmenb, unless the Note holder shall otherwise agree In wciting. ~ ~ Presentment. notice of dishonor. and proteat are hereby walved by all malcers, sureties, guarantors and endorsers hereof. This Note shall be the joint and several obligaHon of a[I makers, sureties, guarantors and endorsers. and shall be binding upon them and their successon and assigns. Any notice to Borrower provided for in this Note shall be given by mailing such notice by certlHed mail addressed to Borcower at the Property Address stated below, or to such other addreas ss Borrower may designate by notice to the Note fiolder. My notice to the Note holder shall be given by mailing such noHce by certiHed mail. return receipt requested, to the Note holder st the address stated in the first puagraph of this Note. or at such. other addrew ss may have been deslgnated by notice to Boaower. The indebtedness evidenced by this Note is secured by a Mortgage. dated t~b~r- ~~ i~L and reference is roade to the Mortgage for rights as to acceleration of the indebtedness evidenced by this Note. ?HTS IS A SALt.00lt ?lqA~C~ ~1fD ?Rt lI1tAI. t~!lR1R O~t Z'~E 3AId.00K D1JE UlON MA1t)RI1? IS 12 865.70, ?OGE'l~t NITI! /ICQtL'ED ~RE~'~, Zt uR. N1p /12,t, /1D~wp~~1'ta MADE ~T te~ t~o~rc~cEZ tnms~ ra re~wa oT ~a honr.n~cs. /s/ Hcyvard Lavis (Seal) HORIA~D LEMZS - ~ /s/ Phylli• E. Levi~ . ~~~~ ~ ' ~o;iK349 P~UE1~z~ *ani.ia s, ts~a ~ (Se„1) ~ Property Address ~ ~: ~-=~:- _- _ . _.. . _ _ . . a •- - ~ .~~-