HomeMy WebLinkAbout0979 ~ ~ ~r
- PROMISSORY NOTE i
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~ . . DATED _-----_Mdren 31~- . i9--.$2
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,~'h~t(~d~t~1~ intly anti sevgr,aUy, promise{s) to pay to the orde~ of
~ ~ t ~~~1II1 l~1K "a~~t. LUCle (A. _ (herein called "8ank") at itt
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'k~~ ~ • 1.0L'O~ Florida`
t.~~`-` _ no _ ------_-------ZSO~.~ARS (S 30,000.00 l.
~ E~~~{t~1r L{ ~t from the date hereof at the rate hereinaiter provided, in the foliowing manner.
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= RE~l~Y~AF~JT.$CHEDUIE:
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sj` ~"~Sin~lt Paymsnt: Principal Due !n Full On: ~Ch 31 t 1983
's~A ~ ~ ~ Interest Payable: r1Y. - • -
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~.~``-~`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 .
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f:~~t .
~ ~a Y.IrnUlment Payment lplus interestl:
~ (No.) IPeriod)
r:,~cY. - r~
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~ ~ 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. ,
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(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-
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(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
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• OfFiCER It~11TIAL$T~ ~ ~ , NOTE~I U-M8ER ACCOUNT NUMBER NOTE AMOUNT
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