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SIMPLE INTEREST s6~9~ 19 P3 ~2~ ~
- PROMISSORY NOTE ~.~L_~ ; _
PROPERTY RELATED ROGER
ST. IUCIE C:;,.•,. , ~
- 19.933.87 ' _ .luiv 16, , 19~_
For v$lue teCeived, the nndersigned (and it more tt~~an one, each ut the~~ ~oint~y and severa'rty?, hereinafter called
'.',ker, promises t0 pity to ttte order of ~ur Aank e f S r r.*~~ i p ~~..r r~(~,yhich, to;Pther vv; ~n subsequent
(NAME OF BANK}
~~!~ers of this note, are ~eferred to as "Bank") at its office ac Fort ~ierce~ , Flor~da, the princi-
~ Sum Of Zlinet~ee_ Thausand Nine ,,,gs;,~~=B,~T~Ly ~hree b$7~{~~q$_19~g~~_ )
t~ interest from the date hereof at the rate of 14 . 7 5 ~ per annum on the full amount of said pr~n~ipal sum
-~~~~a:ning from tirn~ to time unpaid, payable in _ 12n r~onth!ti- insta;lmerts of g 31 R_~~
,;:h on the lsth day Of each SuCCessive month commencing on `~gust 1 5_ , tg_$~ . The I`.~!aker
• ~,rnises to pay late charges not to exceed 5`Yo of the amount of any p~•_~ment or ~aymer.ts in ciefa:,lt.
All paymer~ts made here~?nde~ shall be credited first to int~r~;t ar~d la~:f;:l .~r:arges then a4crued and tr~e remain-
~ to principat, The Maker has ihe right ta repay th;s loan, ;n :hp:~ or ~n parc, thout ;~~~na!ty at any time upon the
-,~T~ent of accrued and past due interest to date of pre~:ay-r• er~c ~,~us a ser~: i~E f-:~ m tr;e a~ount o` ;he lesser of
_y: 00 cr 2 percent of the principai amount of this loar? f,~rr~o~;nt r~.~.anc=:d}, ~=rov~ded, F,~:~~.;e~er, trat any partial
~~;ayment of principal shall be applied to the ~nstalimen; ~r i«s'attme?;ts u` :;ri~;;;~:;;a1 la;t -r:an~r~r~g her~under.
' Tne amounts referred to above have been computed u^~n tt a;ss..r.~~t~c;r. t~~ac c'~ ~n;~~,:;~,en; ~;a~; m:.;~ts w;~l be
' on the respective scheduled d~e dates. The interest is c~,-~ ,:::t~._f ~;r. ~r~, .,r~.,.~: ;;,.:s;,•~ ,:n~ ;~r~ncic;ai ~aiance. I'
.~sta~lrnent is not paid in full on such due date, Ltl? r?ldK, ~•f ;.I: pt;1 ,3 ;Q ~o , j.._' 3Cj'.~I ~IOflc]i 3tT ~OUf1tS 8S
~ecome payab!e by reason of the continuing ac;:ruai o` ~n;~~~~ . r~~c~ ;n.,,e;j at~ove. A.,~y resulting
:-;~s accr~~ng on account of failure to make time! ~ a~^.:er~; or~ ~ ~ n~reas~~s ;r~ so~r~~e of the
~i:,.~~s
1 F~ 1 ~ • '
.nts de5igndted above, and such aggregate increase s.?;a:: t~ ;,.;,;t a: < • . ~.;r ~ ~ast +r~;ta;;~~:~nt ~f such
. , ~~s ro not cause the amount of ihe ~asi ins;a!finer~i e~ ~e.~~: ,.~.F~•: ~ . ,;.~si,r~,~;,~ monthly
ent. Otherwise the resu~ting charges shall ca~se the n,;n,;:~r ; ~ , . ;~rc,~~c~;ng. ro.vever,
• u such extended installme~t payment shall excee~ t•:.:_~ r ~~,n.,,_.;, . , r, onth~~r ,nstai+ment.
. ~sta"r,~nt payment maJe prior to any due date or dates, ;:n~; ;.rtc,~~,n.~-r;, ~ecreases scme of t~e
.`~:S des~gna;ed above fOf Lh@ reasen that ihZ unpa~d O'..',S'.;~~'jit?~1 ~.~~r;-~:}~; t:-~"::'.:~ :,~II tE fC•:;•_;Ce,'~ dtld ;hg
~-_st rate designated abave ss applied to such reduceo ou~st~+ -:.'~ry b~~~r~~:~ ,;,H Q~.~c~r.t ot ~nt~;rest that
tre renk deems i.;elf in;ecure, or upon the happenir.; o• •~,..nts, ea;~h of ;;r~.ch shalf
~ de~ault here~nder, all liabilities of ea~h Maker t~; ~~^E. .;n ~;r~ t~ ~a~t~:r, a: tt~.~ opi;on of
~.~~r.out natice or demand, become due and pa~;ab;~ ~a? ~a _~~e ~i t,,.,,~r c•_rrr~ s'~al~ rr.ean and ~
~e ea`~ i~'aker, endorser, s~rety and guarantor of tr;is r;;~;.>! ~~~rf~.rn: ;;r, ,;,r~;.:;;-~r t~ e~;:orty,,e sec.uring
~•.~ayr~:ent t~Ereof, to pay inie~est hereon when due, or to c;~;~ .,r~~ c?: ~~;::t~~ t, ~„~-.er to Bank v:'r,en due;
*.r,e death of any Obligor, (c) the filing of any petition und;: tt~~~ 3~,r kr-;,c Cc~i~, s,r~: ~ ~
, ~~ar fE•;iera~ or s,ate
:;e by ~r aga~nst any Obligor; (d? an application 'or the aN,~o r:~~• ~~~~t U r:.:~~.:~,~.. c;~ t!~~e mokir,y of a ge~eral
;•-nrrent for the benefit of creditors by, or the insolv~n;.y o*, ar;~_, ~•~~r~; a ~~;;;~;i~f•^,? c.J,3if15t c3fly
:,~~r; (f1 the issuing af any writ o` attachment or wr+t of ~:~rr~;!~r~ ~-r;t, o• ~j ,~ny !;e^, aga,rst any prop-
~~f any~ Obligor: (g1 the takir~g of possession of any s~bstan,,,, :,~r~ o+ ~r;.~ : r~, ~•r~; ..;f Obi~gcr at the ~nstance
~:^y gov~rnmental authority; Ih) the dissolution, merger, cor;s:;,~~.~,~~on r~-~.,r;~r:~r;~~un o' ~ny OL~;y~r; or the
;-,ment by any Maker of a~y eq~ity in the real property sE•:~~.r~r~,: ~~~.is i~_,~~ -r~cr,; ;'.e ~,.r~;ten ccrs::r,: of 6ank.
In add,tion to the Mortgage securing this loan, the i~'aker i~e~:_;;; to E;;r,k a s~~~_.rity in*,erest ir ~il prop-
of each Obligor now or at any time hereafter in the poss~~ss:on of ~s~nk :n ar~~, :~;3;~,~,~,; ~~~ha,soever, inc~~:dir,g,
~ noi Iimited to, any balance or share of any deposit, tr~st, or a.;~~rt a;:~~:.n~, ,r,t;~ for the payrn~n; of t~is
!e, and a sim~!ar l;en upon and security interest in all s;:~h prc;,ert~; :a. ~~.?a~;~r as s~c~r~t; for t~e pa~, r-:ent o` all
•-r i,ab~~~ties of each Maker to 6ank (including all liabiiitie; o' ea~'r, ~r",ekrr~.
The Obligors, jointty and severally, promise and agree t-~ ~•~a~, a;~ ~~.~s:s dr:c! ~~.~~.~_~~,se; c~.:ect~on and re~sonable
,rneys' fees, wnether incurred in connection with coliecticn, t, ~d!, ~;•,.<-~;i t,r ,~Tt,~•-~•;;s:,.
Presentment, demand, protest, n~tice of dishcnor, ard ek.er; cr, of t~•~~e ,•,iti~ou? nor~~e are h~~-r~-t~~; v~;a;ve~ by
and every Obligor. ~
FAaker acknowledges rece~pt of a completed c~py of ;h~s U~t~ c,rt^r,~~ un ;r;e • v ,,te.
1920 SW Gold Lane 7`~ 4-~-^ L
~DAESS SIGNATU
POrt St Lucie F1 33452 ~
:.uJRESS rR (~~n SIGM.,TU
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~~~•~~c P~~E `i t.~ .
Doc atampa in amount cf 30.OU affixed to mortgage
~r ,-,a und.~ - nor+oN~oon
~a~4 OOf>8 N 7l82 • ORIGf'VAL bank Copy VELLOYI Custom~t P(NK - filt
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