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34,SOO.oo ~ NOTE ~
US s Stuart. Florids
. . ~I ,1981
FOR VALUE RECENED, ihe undersigned ("Borrower") promiBe(e) to pay FIRST NATIONAL BANK
AND TRUST COMPANY OF STUART at its oHice in this city, or order. the principal sum of
F~ ~ N~~1~+ Dollars, with interest
on the unpaid principal balance from the date of thls Note, until paid. at the rate of 14 .OOX percent
per annum. Principal and interest shall be payable at 815 Colorado. Stuart, Fl or such other place as the
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tour Hundred lrrenty-Nine and Ol/100--------- Dollars (US i~29.01
on the ~ da of each month i
y beginning , 1~ . Such monthly instali•
ments shall continue untll the entire indebtedneas evide .d by this ~Vote is fully patd. except that any
remaining indebtedness. if not sooner paid, shall be due and payable on 1986
It aay monthty installment under this Note is not paid when due and remains unpaid after a date
speci8ed by a notlce to Borrower, the entlre principal amount outstanding and accrued Interest thereon
s6a11 at once become due and payable at the opNoa of the Note holder. The date specified shall not be less
' thaa thirty days from the date such notlce is mailed. The Note holder may exercise this optlon to
acceterate during any default by Borrower regardlesr of any prlor forbearance. If sult is brought to collect
~i this Note, the Note holder shall be enNded to coUect all reasonable costs and expenses of suit, including,
; but not limited to. reasonable attorne~s fees.
,
F Borrower shall pay to the Note holder a late charge of i5.00 or N~~ percent of any monthly
~i installment not received by the Note holder arithin 10 days aher the installment is due.
~ Borrower may prepay the principal amouat outstanding in whole or in part. The Note holder may
requtre that any partial prepaymeob (i) be made on the date monthly installmenta are due and (ii) be in
~ the amount of that part of one or more mont6ly inatalimenb which would be applicable to principal. Any :
partial ptepayment shall be spplled against the principal aanount outstanding and shall not postpone the '
~ dne date of any subsequent monWly iastallmeab or change the amount of such lnstallments, unless the
~ Note holder shall otherwlse agree in writlag.
s aA'a'c°s@i~~i~'Bv';i1t, s~at3t~ ts~ 31s~i)=vi~ STii~a ~`iiaiQrs= a7E iiei~~ry ~iva3v~ bji a;1 [DaRCt~f~ ffiit~'~C'$~ gU~afif~tB
° and endorsers hereof. This Note shall be t6e joint and several obUgation of all makers, sureties,
~ guarantors and endorsers, and shall be binding upon them and thett successon and assfgns.
~ Any notlce to Boaower provided for in thit Note shall be glvea by mailing such aotlce by certiHed
~ mail addressed to Borrower at the Property Address stated below, or to such other address as Boaower
;
: may designate by notlce to the Note holder. Any notlce to the Note holder shall be glven by mailing such
;
; notlce by certiHed mail, return receipt requested. to the Note holder at the address stated In the flrst
3 puagrapb of this Note, or at such other address as may have been designated by notice to Borrower.
S
i The indebtedness evidenced by this Note is secured by a Mortgage, dated //~1981 ,
E and reference is made to the Mortgage for rights as to acceleration of the indebtedness evidenced by this
' Note.
~ tHIS IS A BALT.00~ NORTGAGE A14D T8E FINAL PA?lQ+.1QT OR ?flE BALIAON DUE Up0'1~ NA'rURITY
; IS $32,214.56, ?OGETHER i+iI?fI ACCROID I!9'tERES?, I~ l~R, AND ALL AD~VANCE[~ITS NADE BZ
` THE ~IOx?Gl~GEE UNDER TBE TERNS OF ?RIS MORTC~~ E.
/s/ Ernest A. Rottinger ~~a~~
ERNEST A. ROTTINGER
~
~ (Seal)
B~~ Pd6E e~JV ~
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~ Property Address
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