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HomeMy WebLinkAbout0997 ~ ~ RENEHAL OIlCLOiURE NOTE fOR rERiONAI LOAN - TIME ~Saots~be[ 9. 1983 gxa. ~p PCA _ REGION 3.~L_-...____~ ~~SSS~nSQ, ~Sntlq as~d ss~srs:t~. ;t~~:~lti~ rif'snii i3 ~'s ~i~ii ~u+n~ii io p1Y io iiH o~dN oi ~outMast aank. N.A. Ith~ S~nk1 th~ ~[nouM N~o~wn b~bw ~s Amount Fin~nt~d top~tMt w~M mtK~at on tM prmcipai •mount outst~ndm9 hom time to t~me at iz dbAYe ~~f! rate ~1Q defetminp~l ~1~ ~hp hanlc fYn~n timc+ tn Lima paym~nts shall b~ du~ in accord~nc~ with tM sCMdul~ Nt fonh b~bw. Pe~ments shawn betow may be sstimates. and the amount of • p~1?tn~nt b~INd fw • paYnNnt du• daH mey vsry. All outst~ndmp pnncipal and accrued ~ncs~est shall be pe~d +n full on or bsfore Sept~ mber 9, g 84 . Ahsr m~turity. whethsr by accelerauon or otherwiss, pnncipal outstandinp shatl oear intKMt ~t iM hipMst lawful rat~ Dut not i~ ~xcsss of 269~ per annum ***The maker understands that th ANNUAL FINANCE Amount Total of prime rate at the present ti PERCENTAt3E CHARGE Financed PaYments is 11.OX. R AT~ Ths doUar amoum ths amount ot cred~t TM amount you w~u '~e cott ot Yout tM u~dit w+li cost ~ prov~ded to you or on have pa~d aiier yo:: credit q a wa~ly You, Your behal( Aave ma~e at? paymems as scheduied ~ 12.00 ~ s 2,460.00 S 22,000.00 524,460.00 You haw tM tight to nc~+ve at this t~me an itemization of the Amount Financed. 0 1 wu~t sn itemitatiot~. 1 do not want an itemization. Yout p~yrtunt scMdul~ wi11 be: R NumbN of Paymsnts Amount oi Psyments When Payments Are Due F- 3 varying from - t ' - e 1 4 ; - ~ Variabl~ Rat~. li checksd. tM An~ual Percentage Rate may increase dur?ng the term of this transaction if the prime interest rate of the Bank incrseses. Any increase in the prime rate is withm the Bank's discretion. Any increase will teke the form of: Q~. Hi~IN~ P~rm~nt Amounts. For example, if your loan is for 51.000.00 at 1596 for one year with intsrest payabte quarterty and the rets increased io 1896 in three months, your quarterly interest payments would increase by 52.50 each. _ O 1Exsmpla ssparatety fumishedl. , Insuranc~: You msy obtAin property insurertCe from enyone you want that is acceptable to the Bank. Sscu?it~?: You ere giving a security interest in deposits, notes and secunties ~n the.6ank's oossession. It checked befow. you are also grving a security interest in: O The goods or properry being purchased. ~ Other. tdescribe) 1Gt MorC~agP Col~atsral securing other bans with us may also secure tFis loan. F~finy tses and taxss S Non-filiny insurance S Prspa~m~~t: It You pay oft eerty. You wilt ~ot have to pay 8 penalty. Assutnption Policy for Rhid~ntiat Mortgsgs Trsnsactions: Someone buy~ng your house cannot assume the remainder of the r~ortgags on the original terms. See yout coniract documents for any additional information about •nonpayme~t, detault. any required repayment i~ full before the scheduled date. and prepayment refunds and penalties. e m~ an sstimats To secure psyment ot ths toreqoing ~ndebtedness. Maker hereby gra~ts to Bank a secunty ~nterest ~n the personal propeny. if any. descnbed in the spac~ bebw, anc~. all otlier notes, stocks. bonds and other securit~es ot any Make? now or hereafter ~n Bank"s possess~on and all present a~d future depos~ts ot sny ~Isker, incfuding unmatured deposits. All such property is hereinaher re(erred ~o as the "Collateral." Th~s Nots ~s also secured by the mortgsye. ~f sny, o( evsn date herewith or eny other mortgage turnished by the Maker to secure th~s Note except that t~is Note shall not be secured by sny mort~a~s on MskN"s prineipal dwelling not specifically described below. Maker egrees that such security interest in the Collateral and mongagelsl shall abo sscurs all other li~bilit~es of Msker to Bank. whether primary. secw~dary. d~rect or contmgent. prese~t w tuture. except any such (uture ob6gati0ns sh~l) nOt bs seCUred by eny mwtgage on Mskec's pnntipal dweD~ng un{ess speafically so agreed Dy Maker at ihe time such obhyation ~s .ncurrod The Bsnk's secu~ty interest created Dy th~s Note shatl be term~nated when Make~ has performed all obl~5at~ons and a9~ees~ie~ts hereunde~. unlest at thst Ums Mekt~ is in dshult ot sny such other f abs6ty ascured by the Collaterat and mortgagels). _ F. Lot 6, Block 418, PORT ST. LUCIE, SECTION THREE, according to the Plat thereof as secorded ia Plat Book 12, pages 13 and 13-A through 13-I, Pub2ic Records of t~. ~.p~le Coerttty, Florida. • ~ ~ ,~z ~ ~~~Y ~ 1,~ . . _ ~ ~ _ ~ ~ , - ~.1 ~ ' t~1i f!~l~f~ ~id~ M~ a part of this Non. 8y siqrmg You ledye t a fu11y ted copy ot it was (wrnshsd to You blfc~s 1~b ' ?~0~ ~ ~i~ ~ ~ r , ~ ~ ~tA595 -~5tl~ Ter ace N. ~s~?u ~;,~;~.~s,~' ,4- ~ . Richard J. Meeh ~t t " x ~ ~.y . ~~~'~Y~Junit~r_ FL 33458 ~SEAl1 - aro e Meehan . 76800116659 00018 CUSTOMER NBR fAC1UTY l~BR ^ NU(F NBN S l0 1961R~v S~ez~ ~ oao so 413 Pa~E c~~ R a s: , ~ , - - - , .,x : = y..~~~~~~~;~~~~~~~ ~