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Home My WebLink About0982 ~Q~~ June 23 :19 83 Hollvw~ . FIUI'Ii~J ' . Cil? 3Z2 SW Duvall Rvenue, Port St. Lucie, Florida 33as~ PruE?e~rty Address CitY Stut~~ , 2ip Cal<< 1. H~)RROWFR'S PROMISE TO PAY 12, 200. 00 ln rcturn [ar ~ loan that I huve received. I promise to pay U.S. S (this umaunt will be culled "princip~l"), plus intei-est. ta the order uf thc.[.rndcr. The I.endcr i.. Th~• Monra• Storc/Florida. Inc. i underst~nd tMal the Lender niay Lr:~nsler this Note. The Lendzr or anyonc wh~~ takes th:s N~te by tr~?ns[er.and who is entitled to n.~c~eive p~yments under lhis Notc will be called the "Notc Huldcr." 2. 1NTER~ST - 1 will pay inleresl :~l ycarly rate of I5 •~9'~, Inter~.~st wiil lx.~ charged on that ps~rt of princip~l which has nol becn puid. Inicrr~l will be ch;~rg~~d beginning on the dute o[ thia Note ~nd cbniinuing until lhe [ull amount of principal has bc~.~n paici. _ PAY~tEN'i'S ' 202.47 I will p~y prinripat and interest by ~king p:~ymc~nls e~rh mo~th of U.S. _ I wiil m:?ke my paymcnts on lhe ~d~y of each month beginning on August ~th , ~g 83 _ I wifl makr thrs~• p~yments every month until I h:,ve p~~d Jul ~he principa: and i~t§~t und any otherrharges. dc~rribed [x~low. lhut I may owe under this Note. I[, on ~,it 5„h . . I stili owe amount. under lhis ~ote. i will pay aU those ~mounts, in full. ~H~ Y~.~ gl~. ~ Holl Ft i will muke my monlhly pr~yments ut ~d. ot~38.._330~0 or ~t a di[fetcnt pluce i( reyuired by the Nole Hotder. 4. RORROWER'S FAIi.URE TO PAY AS RFQUERED (A)~Noticc From Notc Holdcr I[ I do noE pay lhe full amounl o[ each monthly p~ym~nl on time, the Note Holdrr m~~y ,end mc a writtrn nolicti~ letling mc that i[ I do not pay the overdue ~mount by a renain date I wilt be in def:~uit. That date musl b~ at ieast t0 days after the d:~te on which the notice is m~ited to me or, if ii is not mailed, !0 d~ys aftt•r ihc dute on whirh it is delivered to me. (A) Delaull If I do not pay the overdue ~mount by the date stateci in the notice describcd in (A1 cit~ove.l wiN i~e in deF~ult. If I , .~m in def:~ult, the Note Halder may require mr lo pay immediately the fuU ~iniuunt ~f princ•iW,il which has nnt bcen ' paid and ull the interest that I owe on that amount. , , E~•en if. ~t a time when I am in de[aull. lhe Note Holdcr does not reyuire me to p~y in~medi.~icly in iull .~s j desrribed above. the Note Holder will slill h~ve the right to do so i[ I-am in cfcf~iult at later lime. i (C) Payment oi Note Holder's Cos~.c and Expenses ' ~ I[ the Note Holder h:~s required me to pay immedi~ilely in full ~s described above. the Note Holder wili h:~vc thr right to be pc~id back for ~il oI its costs and expenses to the extenl not prohibited by apNticable taw. Thcse exprnsc•s include. !or example. reasonabie attorney's fees. S. THIS NOTE SECt1RED BY A MORTGAGE In :~ddition to the protections given to the Note Holder under this Nute, a Mortgage. dated June_~~_ . 19 protects the Note Nolder irom possible I~?sses which might result it 1 do n«t keep the prumises which I ma~e in this Note. That Morigage describes how and under what conditions i mav be r~~yuirrci to m~~ke immediate paymeni in full o[ all amour~ts that I owe under this Noee. 6. BORROWER'S PAYMENTS BEFORE TI~~Y ARE DUE I may ha~~e the righi to make payments uf princi~al at any time before they aredue. A payment o[ prinri~~a! onl~• is knoN~n as a"prepayment." When I m~ke a prepayment. I will tell th~ Nute Holder in a letter that I am doing so. A prepayment of all ot the unpaid ~rincipal is kno~sn as a":ull prepayment." A prepayment of only pan o[ the unpaid principal is know~ as a"partial prepayment." I m~ke a[ull prepayment or a partiat prepay~ment withoui paying any ~,enalty. The Note Holder will use ali ot m~~ prepayments to reduce the amount o[ principal that I owe under this Note. [t I make a partial prepay rr,ent, there will be no dela;ls in the due dates or changes in the amounts o[ rny monthly p:~yments unless the Note Holder agrees in ~~r;ting ta those aelays or changes. I may make a(ull prepayment ~t any time. tF I choose tc make a p~rtia! ' prepavment. the I~ote Holder rrsay require me to rr.ake the ~repayment on the same day that one of m~~ monthh• payments is due. The Note Halder ma3• also require that the amaunt oi my parQial prepaym~nt be equ:~l to the amount ot principal that would hare been part ot my next one or more ~nonthiv payments. 7. AORROWER'S WAI~'ERS I wai~•e my rights to require the Note Hold2r to do certain ihings. Those things are: IA) to demand pa~•ment uf amounts due~ lknown as "presentment") :($1 to give notice that amounts due have noi been paid (kn~K•n as ~~notice ~ of dishonor") : lC) to obtain an o[ficial certitication of nonpayment (know•n as a"protest"i . Anl•one eise «•ho agrees ~ to keep the promises made in this iVote. or who agrees to make nayments to the Note Holder ii J f;~il to keep m~• _ promises under this Ivote. or w~ho signs this Note to transfer it to someone else also waives these rightc: These ~ person~ are knou~n as "guarantors. sureties and endorsers." ~ 8. GiVING OF NOTICES Any notice that must be gi~~en to me under this Note will be gi~~er~ by de:i ~•ering it or bp mailing it b~- certified mail addressed to me at the Property Address abcve. A notice will be delivered or rt~ailed to me at a difterent address if t gi~•e the Note Holder a noti~e ot my dif[erent address. Any notice that must be gi~~en to the tiote Holder ~nder this Note «~ill ne gi~•en by mailing it b~~ certi[ieci ~~lail to the Note Holder at the address stated in Section 3 abore. A notice ~+•ill be mailed to the NotP Holder at a different address if I am gi~•en a notice o! that di[ferent address. 9. RESPONSIB[L1~TY OF PERSUNS UNIIrER THIS NOTE I[ more than one person signs this h'ote. each cf us is iutt3~ and persor~~+ll~• obligated io pa}~ the fu!! an~ouiat o~~•ed and Ec keep ali of the promises macie in this Npie. An~ gu~rantor, suret~•. or en~iorser o[ this Note (a~ described in Section 7 vbo~~e) is also obligated to do these things. The Note Holder may enforce its ri~hts under tbis Note :+g~;inst each of us ~ndividually or against all ot us together. This means that an~• ~ne of us may be required to ~r~i~• :~li o! thc arr~ounts owed under this Note. An3• percon wF~o takes over my rights or otligations under this Note will ha~•e :ill of my rights c~nd ~nust keep ali o( m.r• uromises mad~ in this Note. Any person who takes o~•er the rights or oblig~t ic?ns of a guarantor. surety, or endorser of this Note (as described in Section 7::bovel is also obligated to ker~~ all of !he r promises made in this Note. ~ / j, d~,,,,~.-` ~rr_~r~C1~ (Seal) . , _ ~Sea~~ . Warren Cowell ~ Gary p~wgll Borrower .~~~~I. C ~i`CG.~ ISeal) Detn M. Cowe~~rawer FIORIDA-~E!MPttOYEMENT-1/~~0-iN11A/FItiJIC~~aar~~sr~n ~sea~? ~ stine ~q rrower ~ 8~~~~ Ci~~'ir9tiginaf OnIy1 _ _ - - _ - ~ ~ - ~~.'..t ~ ~ _