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Home My WebLink About0894=-'~it'~ :: ,; Southeast Bank . Consume~ • • ~ ~ ~ . loan Note and Sccurity Ag~eement •.;;;: ~ : = . . . <<-.~..:_v.: . . , .~, , ,, ,. ~ , ~ ~ ~ ,, ~ National $ank of o t ierce ' ' ~ ~ ~ ~'~ ~ Soutneast ~ Firat .r ~ . • . .. , . . , IAN~atN , . . ~ ~ The words /, me and my mean the bo«owe~ and anyone else who s~gns, ~'he words you and your ~efer to the 5outheast tiank ~ ,s shown ebove. = ! ~. ~.~ • :,,.: a,.,, ~ . ~..-. t~::. •~ - .. . E~orrower's Name ~ ltobert B. b Dianne L. Luad Address ~ 5500 Buchanan Dr. , Fort Pierce,FQseeida • '~;'~.4' ~ ~':...n- ,~ . .,,:~r~`., . • ~/5/~fl This is the agreement.that covers my loan with you. 1 understand that anyone who signs this agreement wdl be legally responsible (together and individua~lyl tor repaying the total amount owed, unlQSS they a~e only signing to give you a valid security interest. Promise to pay. To repay my loan, I prom~se to p ay you the total ot payments shown in Item 11 below in 120 monthly ~nstatments of $ 226• 62 ,~rach. I'll begin makmg payme~ts on March S,, ,~ g 81 and will cont~nue to pay on the same day each month until the loan is paid ~n tull. I'll make paymenis ~n pe~son or by mad at the o(t~ce you SpeCify ~ Heri s s br~skdown ot my loan: 14 000 00 P~op~rty Insurance. 1 w~tl keep the propeny secunng th~s loan , . 1 Amount 1 received ... _ g inwred aga~nst loss or damage 1 unde~sland that I may purchase th~s 2 App~a~sal tee ......., S~ ~nsura~~ce through you, m which case the cost and term will appear in (For Rea! Esiate Loans only) the loan breakdown (8 A b 81. or from anyone else 1 choose. Eithe~ 3 Recording fea .... ... .. S n~ wray. 1'II make the policy payable to you. ~- ' . It 1 don t keep it ~nsured or pay premiums on t~me. you can pay them 4 Optio~at credit I~fs io~ me or cancel the pol~cy and get ~~~wrance etsewhere. 11 you do inwrance :, ..... ...... E~ purchase wch msurance alsewhere. you can select inwrance wh~ch 5 Optional c~edit disabdity protects only your interest in the collateral or which protects my . a~ inwrance ._. .....---.- ... ." ''~ ~nterest and your ~nte~est. and in erther Case 1 will psy fOr eM- , S 21• 1S 6 Stamp tax ... .. ... . . •' . P~em~ums ya, advance w~th ~nterest computed at sn ANNUAL ~ . . ... . .,. - _ . PERCENTAGE RATE of 18%. ~ 7.. Othe~ charges (axplain) ' • , - - s na 8 Property m5uranCe Ishow premwm d bnancM tn.ough bankl A. Flood insurance . . . S ~ tor months B Phys~cal damage insurance ...... . S ns for months 9 Amount ~~~anced lt th.u 81 g 14,~21.15 t0 FINANCE CHARGE g 13,173.25 made up of: A. I~ter~st . . . . . . . . . . . . . . 5 13 ,123. 25 e Prepaid 50.00 FINANCE CHARGE--S IProcessing Fee- : : ~ otal of payments 19+ 101 . . . . . . . S 27 • 194. 40 , ANNUAL PERCENTAGE RATE 15.05 y6 NOTE: Items 2 through 8 above are expenses the Bank must pay to third partiss. Credit Insursnce. 1 understand that 1 don't have to take out cred~t I~fe ~nsura~ce Or ttedit disabilrty ~nsurance to qualify (or th~s loan But ~( 1 want. I Can purthase this inwranCe through you. purchase ~t (rom sameone else I choose. or ass~gn an exist~ng pol~cy I want _ the ~nsurance checked below tor the term of th~s loan O Credit life insurance on Borrower's li(e alone at the cost shown in item 4. (Maximum allowaWe term is 10 ysarsl. ^ Credit disabiliry inwrance on Bo~rower (First named bebw) at the cost shown in item 5. (Maximum allowabts term is 5 ysars!_ O Joinc credit life insurance on 8orrower and Co•Borrower's life at the cost shown in item 4. ~ Sorrower"s ~ . " S~gnature ' F Idatel Co- 8orrower"s S~gnaturg ~ , - Idatel R eal 'Prope-t~r. O(i( checked herel I am g~v~ng you a separate iCross out one) { MOrt9age Ag~eement Not to Encumber or Transler Propeny :o secure th~s loan on property la:ated at IAddress d encumbe.ad popert~l Yau have already given me the requ~red Not~ce of R~ght oi Rescissn~n I understand this means I have three 13) bus~ness days to change my m~nd and cancel th~s loan I understand that you wdl start charg~ng me ~nte~est on ~g Add~tional sgrNm~nts and provisions on sevsrs~ sid~. 1 have read ;he add~aonal agreements and prov~s~ons o~ ths reverse side of th~s agreement and I unde~stand and agree to them O It th~s box ~s Checked, is signing th~s agreemEnt only ~o g~ve you a val~d securiry ~nterest and w~ll have no personal kgal respons~b~I~ty on the loan. - N A N 1 a g ~ ~ a~ N w e J a I understand that this agreeme~t, and it checked above, a document encumbenng real property, contain all the terms ~nct conditions covering my loan If any part of e~ther of them is unenforceable. the rema~n-nc~ parts w~ll remain valid. 1've '• ~~! :• ;~1~~~.''PRIf?Il1 ~nrl ar4nov~lc~r!!;o• th~t ~ fu~~y ~.o~r.rl~te~l Co~~y of ~t ~vas ~urn~sh~t1 to m~ tr?t~,rt+ t s~gnP.d ~t ~ ~~~..t/~ ~L~s...~G7 ~ ~~ ` 1 ~-~~ ,r' ~ ~~, - - - - -- - - ItiP.~'1 /f ' ~' - - -- - ~ • - r - - ~~:,,~rf E. Lun~~ IIR L. I.:~~d ~Ui1nn~: Ri~ht to phpa~ lo~~. 1 can prepay the e~ti~e bslance of my ban at any time. If 1 do. you will retund a portion of ths FINANCE CHARGE 6gured by the wm-ot-the•digits method ts commonly used tormula for (iguring ~e(unds on instalment Ioansl. But you won't retund any part oi the processing tes (item 1081. Lats paym~nts. It 1 haven't paid an instalment withi~ 10 days ot the date ~Ys due. 1'll pay a Iate charge equa! to 6% of the ove~due ~nstalment. but not more than S5. Th~s charge wilt not apply to losns over 550.000. ' Collection costs. 1'll pay any collection costs, includ~ng reasonable attorney's te~s. ~1 you take collect~on act~on. Entire balance due. It 1 don't pay an ~nstalme~t on time w ii I breaK one ot my prom~ses under this agreement, you can reqwre me to pay the enure balance oi my loan (less the refund of FINANCE CHARGE to wh~ch ! would be entitled in the event ot prepaymeni- at once w~thout noafy~ng me in advance You can also do ih~s it 1: m~ss a payment on another debt 1 owe you: made m~sleading statements on my appl~cat~on: betome involved i~ bankrupity or insolvenCy prpteedings: Or d~e. Security. To protect you ii 1 fad to repay this loan. I give. qou as collateral a"security interest" under the Flwids Umform Commercial Code m the folbw~ng prope~ty abng with any replacement parts. add~trons~ or equipment attached to it which 1 own, plus any proceeds. return prem~ums and rebates I~om any credit inwrance or i~surance on the p~operty securing this loa~ I also understand that th~s loan will be secured only by the collateral described below regardless o( any secunty prowsions that may appear in other loans I may have with , You. ' . . ~ , , _ I.ot 9, 10 and 11 Block 7 of Iadian River Estates, Unit 1, a subdivision accordi,ng o to the ~lat thereof recorded in Plat Book a 10 at page 43 of the Public Records of a St.Lucie County, Florida = enoK•.~4~ PacE 8.7~# - _,~~~ _ _ - - ~ ~;,.~~..__,xF ... _ - :~ _ __, .~