Loading...
HomeMy WebLinkAbout0979 ~ ~ ~r - PROMISSORY NOTE i ~ i . ~ . . DATED _-----_Mdren 31~- . i9--.$2 ~ f p~';;''~' . ' ~.v~: 4 ~:VS{~ ~~v,~~Ofr"J~00 1.. ~ ,~'h~t(~d~t~1~ intly anti sevgr,aUy, promise{s) to pay to the orde~ of ~ ~ t ~~~1II1 l~1K "a~~t. LUCle (A. _ (herein called "8ank") at itt ~ att • - 'k~~ ~ • 1.0L'O~ Florida` t.~~`-` _ no _ ------_-------ZSO~.~ARS (S 30,000.00 l. ~ E~~~{t~1r L{ ~t from the date hereof at the rate hereinaiter provided, in the foliowing manner. ~ + ¢-a , •t~..~ '~~e~ • . = RE~l~Y~AF~JT.$CHEDUIE: -~E`% Ka:~iv ~~h , • sj` ~"~Sin~lt Paymsnt: Principal Due !n Full On: ~Ch 31 t 1983 's~A ~ ~ ~ Interest Payable: r1Y. - • - ,~zr.; ~ ~.~``-~`im- ~ ~ , O~"~~I~itNrtl~t~tPayment (incluc~ing interestl: In - ~s:y., _ . ~-r. . : ~ . . . . INo.I IPer~odl .•~s; - .~.,:t : ~ - : instalments of s ^ commencing on ` and on the same day of each successive "`~f~_ Y''~'-~"''~`~' ~ thereafter until paid in full or with a FINAI. PAYMENT of S ~ ' ,.'vi:,:..F~°. ~ 'it~;.~-M ~F'~ r~X~'rr - ~ ~ ` ~ : ~ar,~ r:xt,= T ,t~~.• . due and payable on . - = r ~!'-r f:~~t . ~ ~a Y.IrnUlment Payment lplus interestl: ~ (No.) IPeriod) r:,~cY. - r~ r ~ ~ principa~ instalments with a tirst (1st) payment of 5 plus interest :~:•t_ . payable ~ and a FlNA~ PAYMENT of ~ plus accrued interest due and payable on , . D~ Multiple Payment: Principal and Interest are payable as follows: O OFI OEMANU: Principal payable ON DEMAND with Interest payable commencing on and each thereafter. THE INTEREST RATE IS AS FOLIOWS: VARIABIE (NTEREST RATE. ~ Applicabte ? Not Appt~cable. I( appi~cabte the interest rate stated here~n shell from time to time, sutomatically ir~cr~ O? deCresf~ so thst at aU times rt shall be eqwvalent ro~--96 over the rete ol ~merest prowded, from Ume to time, ~or prime commercial losns Of nlMty~day maturities prevsiling at Bank "Pr~me Rate" (any change Pr~me Rate to be effect~ve at the beg~nn~~g ot the business day on which • such CMnge it announcedl. Any such change ~n Pnme Rate w~ll mcrease or ~fecrease your penoct~c ~nterest payment. The interest rate hereundtr shsll never ~xteld tht maxemum rate allowed, (rom t~me t~ time, by ~aw. F!XED RATE ? Applicable at 9b per annum, s~mpfe ~nterest ~Not Appl~cabie. , r.': A:' (n tM Mnt ~~y ~nstallment of prirx~pal or ~nterest or any parf thereo( is not pa~d when it becomes due, or in the event of any detwtt hert u~def. tM prinCipd wm remaining unpaid hereunder, to9ether with atl eccrued and past due ~nterest thereon, shatl immediately and w~thout notice bKGrt~f dtM M1d psyabk at the election ot the holder at any time thzreafter. " NOMtthltanding any rate of interest prw~ded herei~, the interest rate on any payme~t or payments of pnnuPai or interest, or any part ~hereot, whidf b I~Ot m~~MNn due shall, thtreatier, be at thr max~mum rate allowed, irom time to time, by law. . ThIE nOt~ kr . .O.SECUFiED ~ UNSECURED ' ~ Af l~tutity for the payment of this note Maker has pledged or depos~ted w~th Bank and hereby qrants to 8ank a security ~nterest ~n the follow- _ r,~._ i~~~ i ~ i " . .~#'a,-`, ? - - J ' a ~F~~~ , ~ {"Sj=~ti:if (ineluditq ~fl eafh, ftock end other drvidends and a~l r~ghts to subtcnbe for secur~t~es ~nc~dent to, declared, or gra~ted in connection w~th wch property Md inGudinq sny returneti or uneamed premiums trom any ~nsu~ance hnanced hereunder), wh~ch property, togethe~ w~th alt addmons and substitutions . lfirMf~t plltlped or deposited with Bsnk is called the Ctlllateral. The Collateral ~s also pledged as sewnty for alt other I~ab~t~t~es (p?imary, secondsry, ~ dirsCt, COt?tinpsnt, tole, joint or seve~all, due or to become Jue o~ wt~ich may be hereafter cont:xted or acqu+red, o( each Maker (including each Maker - Md:Nry oth~r ~rwn? ro Bank. Ths surrender of th~s note, upon payment o: otherw~se, sha~t not atfect the r~ghc ol Bank to recain the Coliatera~ for wch otMt Il~biliti~s. - Makar understands and agr¢~ that tf+~add~tronal agreements and prov,s~ons on the reverse s~de hereof, hereby ~ncorporated by reference, co~ftti~ltf aprtamenq of the Maker and a part of th~s note. Msker ack~owledges rece~pt of a co+npleted copy ot th~s Note on the abwe date. ;.JIi ~t:_ _ . ~ - William H. and Mary F. Wise - Aooa~as: 612 N.E. Norsem~.-~n Dr. . (SEAL? t. Lucie, F a. Dete ~ (SEAL! • Date - - 1-- - Thy fp~C~ fw BNfk records only - DOCUMENTARY STAMPS OTHER CHARGES PROCEEDS , ~ ~ , . , , 5-~~ • OfFiCER It~11TIAL$T~ ~ ~ , NOTE~I U-M8ER ACCOUNT NUMBER NOTE AMOUNT _ :~~o.~., A~.,,~, A(~,~R4 /*~~j~ VU~ ~ ~~V~ ~I~~ P_c.Rr.:JTYa Fnci4 ' ' ~ w t ..~v.. .Y`~'~ n ..F,v~"~ .s~~:~