HomeMy WebLinkAbout0920 • • R~'~'~'~' Soutne~st ea,~k Note Numaer 6~,.,~OQ014537_Q~~_.
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T?+~5 .-2bth- DAY Of i~G~II]~1i:L_ t 9 dsl.__ FOR VA~UE RECEIVE~.1 HE UNDERS~GNEU'~.~~~ j
n~~.~:r.a'~e~ ca~~e~d ' Ma?ce~" w+~hour reya~d to r:umbrr or qender. ~rnntly and severaUy RAOMISE TO PAY TO THE ORDER OF j YI ~
50UjNEAST BANK. N.A ` ~ ~
here~na~ter cat~ecl 8a~k. ~ ' ~
THE PRi'VCIPA~ SUM l)F `_~lrt_Y"sl?i 1}?p~$s~,i.~.~.~iU[~L~-ik~~ 1ar~ atxj r~,.~'j,QQ..__ _ --r DOLIARS
($36,800.00) '
P,>YABLE _C~'CE~~Y'_ ZGi_ 1~~5_..I~~@dY'1- - - - - - - -
Inte~est the~eon she1~ accrua .'rom the dats ef furdi~g computed on the bas~s ot a 360 day yea~. at the ANNUAL PtRCENTAGE
RATE OF - ~~-~~?4Y'~ _illl~fs3.`'iL-~.- .LI.~_.$LIT1E? c1~ ~i-PY7~j,p~j...~~~
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IN7EREST SNALI BE PAYA6lE Ql]c1riP~IX-~l~lhilIY1C3-~I~G-h--26-r-~~-
Atl paymen~s shall be appi~ed f~rst to acc~~~ed ~nterest and then to pr~r.c~pai In?erest w~ll accrue et the rate of 1'360th oi annual ~ntarest
tc, cach day that prmc+pal is outstanding but no event shal! inte~est be due at a rate ~n excess of the h~9hest lawfyl ~ate. W~thcut
limit~ng the general~ty of tha foragomg and nothw~thstan~~ng sny oral or wncten egreement. no depos~t ot tunds snall be required ~n
:orine^t~on with th,s'oan m en amount which will. when deducted tram the p~inc~pal amount ouistand~ng hereunder, cause the rate of ~
~nte:est herounder to exceeA the max~mum tawful rate ~
tt any payment ~s not made in fu~l when due. the entite unpaid pnnCSpe) and eccrued ~nterest. less any unearned interest and any
mterest m exCess of the ~nazimun: atlowed by law and any •ebates ;equired Dy 1aw. shafl at the opt~on of the holde? become immed~ately
due an~ payabte ~v~thout not:ce. Fai!u~e 'o exercise the opt~on st~a11 not co~stitute a wa~ver of ths subs~quent right to exercise such
epti~n AF?ER MATURITY. INTEft~ST SHALL ACCRUE t7N THE DEUMO~UENT PRINCIPAL BALANCE AT THE NIGHEST LAWfUL
RATE OF INTEREST OR. iF NO MAXIMUM RATE IS PRESCRIBED BY LAW. AT 189~6 PER ANNUM.
As secunty for the payment of it~~s note. and any renewals. extens~ans or mo8+fi~stwns thereof, and eny other liab~lities ot the Maker
te the Bsnk. ?wweJe* o~ whenever created. Maker hereby grants to the Benk a secunty mtersst m.
~ia~,~
Lot~10, Bl.c~c:k 16, Paradise ~rk, subdivisic~ ~ocording to th~e
plat thereof as r~-br.~ed in Plat Boolc 8, Page 17, of the public
rncords of St . I~~cie CoLmty, Florida
LYhet?u• or r,ot spec.fic property i~ clev:ribed abo, s. as ad.l~t~o~a1 secunty ~w ths eaymer.t of :h~s !'/o:e ariy re~+~wa~s. ~:lenz+om~ a mod~fiutans thare~f. ~nd any o~^er
~•a^dd~~s o} Mak~r to e~rs. hcwvaver w wnens.~e: crested Ms1~er hereby p:edges to 0ant any a: ~e aU ~•cper:v oi Maksr now o: Mreaha~ d~kr,x~d to w!eh ~n a con~.~rx, ;
•nto the possess~on contrd or tufto0y of Bsn.k. whetfxr ~xprbssly ~s to!ta'~rN e~c~~r.ty or fpr any othtr pt~rpOie (melud~rq qfA. Ko.:lc ~~d OthN avidends. ind a!! r~a~ts w ~
~~.bsc:.be for sacur.U~s ~nc+a~nt ta. d~.HSred. or gr~nfed connecn~: N~[h such proparr? snd Oroperty dsxnWd m coll~teril ~cNpts d othH documents s~gried o. ~
+u+~~s1w0 by tns Maker. s~d any and reetacements o! any ot t`.e forpang. wh~N~r a not th~ poscess+on ol Bank. AM wch praipKty M~d any otM* prope?f~ securu.g
Msker's ?bb:hc~a to the 9s-~k vr.n ha~eafier he reterrod co as 'in~ Cofl~ta+al "'he Coltat~re~ ~s aiso pbdpW as st..-unh fw t9 other 4r,bihtiN (p~in+~ry setondary. dn~ct ~
cont:~qent. so1a. iu~nt ur u.e+a~l. due or to ttlcome dw w wn,ch m3y tvi nereerir cuntrectw w acq~:rnd ot ~sch M~Icer bnclud~p sac:~ M+ker ~nd any other perscx,! to ~
Bit~k. w1~sVtisr wch IybGties ~nsa m Ine ord,nary cr:rte o1 Dus~ness a. nct R.yht ~s ha.eby ~xpresaly gramsd co Me Bardc ~t ~ts opnon to n~ro~ a~ any nnw [o ~:se1t o. t~ ~
~ts nom~nee eny Goltat~rs;. a~d ta rscarro the ~rr_oms fhe+eo~ and hdd the ssme as ssc~nty Mrefor. or apply it on the p:
~qcipal a entsrest due ?+e?w~+ or due on any '~aCd.,y ~
sscwar: hsrehy Tiv, Bank n~y cont•n.ie t~ ~alA onY p1~gsC P~~PeRV ~~P7s+reC 1err.~rMer ~hsr .he pay~na~+t ef M~s note ~f st tM tim~ o{ tne paym~nt and d~scha•ge
hrrunt xiy o~ tne part~es haWe for the payment hereef shsU W the-~ C~~ecu•, cx conur:~entl~ hablp to che 8anlt ts make?. Endorser. wrttY or puarsntor o1 ~ny ott~er note.
cs~eh. tri! o( exc~ange. a o~h~+~ instn~ment. o~ oMeryvae enA +M 6ank me•; thereaRer eaerc~s~ tM ngt~ts w~t~ resprct ~o sa~d p~ed poperry pranted here~n sven ttau6h
:~:s nota sASll Asve bsen wnar.de~ed !o the Msker
't +s ~omtly a:.d sKVarally core~un:ad a:.d r.q~ e~d nn:h tne da~:~ try er.'~ Maker. ender~ ,~,rMr, g~arantor. and ~t' n pa~ty tc tha nots UU Cf whom sn Mre~r,sher for
Crc-~ ulkd Gb:~gor a Ob+~~ors) tnat:
~ Addrt~ons to ~rleases. re~uct~a+s or e~c~r. ges of. pr svbstrtut:j~s !a •,e Coila~are!. pa;~nents on accac++t oi eha ~oao o• ~~crca~s of tha sam~. a ot~er ba~s me~!e
part~a~hf o, wr.W~y ~aon tr,. Conata~a~. ma~ 'rom nrne to t~me be mad~ w:h~~t aHsc:ir~ t~s F ov+s:ons of tr~s r+ol~ or Me I~~~n~dNS ~I ~ny p~ty AlretO B~~t ~hsl+ Cxe~eese
~ ~aswnaWe _arv e ~~e cust«ty and pcese-v~t+o~ ef !~s C'ol~aterel z~id s~a1~ be orremed to ~ave ~xercised ~esso:~abl~ caro N it !at~s 3ucfi actwn for th~t pu~pose as Mai,~
_"a~~ reasofaSly ~rc+uest ~n w•i::ng, but ro cm~s~~~+t~ comp:~• w tr~ rnY reouest o~ Maker sha". ot ~tseli b~ deemsd a iarlurs to ese•c~se rsssw»bla tare. WitMut 6m+tmg the
~^nsrahtv o} the fo~ega~ng me aank shsll have no re~+o~siD:l:h~'. • ascarte~n~~~ m~ ma~ur,t~es cs11s, rnnre+s~^++a. ~Ch~nyes. oHe~s. tende~s or amdar rratters re.ahng ro
~ any of the Collate•al no: !.x ~nfurnrinp tAn ~Mers~~-rd ~.th rnpea tn a- y t~ereo; Bln4stial~ n~t be DOt~nd t0 tDke ~rty ttps rMtt3lary to pt2serve any nbhts m the
~ ~:t~.~ p.ppe~!y .~ys~eSt Gr~a psrt:es and Makar sni~l ta.n a11 ~,ecessa~r ste~t tur s.,c~ ~:.rp~xss Bank o• ns nom~Me neod not rotiect int~nst nn o~ D~~M=~Da~ of any -
p F:!.Cged propxtr u~ g~+e any nuttts wcth +espe:t .t
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~ : Upon the tr,~X:n~ng o~ any of tt+e fobowm~~ evenq. ea.~~ of wh~cn sRaN wn~,~wi~ s oef~u~t Aenu~de+. or ths CoNatKa~ shaq at any Mr.e becoma unsaust2ctery to i
Ban1~ w N Bank, sha~1 st a~~y •u~:e d~em rts~ll ~n;ec,:n t~ab,~~:~~as ot ee..T Mrkar to Bana, whetMr or not ev~d~nc~d by tirs ran. sn~ll thereupon or tho~eaher. at che ~
op. on of Be~k wrt~~out ncbte or de.ra~d. De:o ne Aue an . payob~e 'ai ~e~ a+e ot sny OOl:gor ,o perform ~ny tqr~smMt MrwnOtr oi to pay m full. when due. sny I~~blity ~
wbatso~ve~ tc Bank o: any ~mt011mw~1 th+~r~o~ ~n+ore:t there~i~ tu; tae •ie~tn of any Obi~~a~. lN tM 'il:ny ot a:+y p~LtsOn und~r tM Bankruptcy Aet, or ~ny s~mdar tedeeal
o~ ~t~ts st~tute. Dy o~ aqainat anY Ob!~gc+~: 10) ar. spol~^auo~ fo~ the api:o,~m~r,t ot a ncewsr 1~. the m~k:nq of ~ penNal asspn+nent Mx tM Wne6t oi cred~,crs by. o~ the
. ~nsolvt~+ty of sny ODi~Q^,~. lo) tM an:ry of a jucSg:r:~nt aps~nzt ~ny Obt~gor. +P the ~isuing of et~y ~tt~'Ar?Knri Or p~trwst?mM+i. Or tFN fihrlp ot ~r:y M~n. p~xist anY D~~rY o~ ~
a~•~ ObleQo~. tAe Ukinq ot pocstsa r.. nt any s•~D~ta~t~al part oi :he ~ oprty o1 sr.y Gt:~por at tAa mat~ne~ of a~y yore~rx,~snql ~ut~or~ey: IN tM drssoluuc~e. maryer .
a
' :onsdid~tion, or reo•dsnaatwr. of ~:iy O~:+Qc++ ~~i !he de:e:mina~~on by AanY th~t a~r.,tsr+a~ ~dve:s~ chenpe Aas xcun~d th~ fin~ncisl Mrrdrtron o( mry OQt~gor f~~m the .
~ •_ond,tarts sat Mrth m tt,o rnust racen~ }inlnpbt ftQlE!rr.e^•t Dt S~!Ch OLL~.c he~et~tor~ :u: n=sh~cl to B~n~c, a from ;M ow~duon ot weh ppkyor ~s rxrrotofore most ~e :ent~r ,
~ ~ cc{os~d to BaM. ~n an~r m:~+n~r. or that sny we+ranty. repressn~ on. ceNficste or stetort+trst ol eny Odpor (vrMtMr caotxn~d in this note w notl pMamrr.p •r ~n
~ c,.n~actw~ w:th thn noc~ w tha~ I~en svWenced Dy t~n note ~s not uue: !Il ass~pnrr~m Dy a~~ M~+u~ of eny pwty m~rry of !ha p+eefpd Coliaten~ wrth~u± thP w~inen •
co~~~nt ot 8ank. ;k` 1e~Iwe Oo ap thirrps nr:esxry to ,resene a~d ma~nteK• tM ~at~.:s anC coN~ctiDd~ty of tne CoHatsrll. .r,ciud~ng. bu! not ~~m~red
!o ~he paym.ent ot taxes er~d p:an+:iT?a cn F~~~_~es of •r*surarxe a~ tFe dw daq w,c!w~n b~nefit o1 ths gTxe perwd
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~ TNE PRO':ISIONS ON TFiE REVE~iSE SIDE ARE A PART UF THIS NOtE ;
~ L~li3 J. Ea~IleS d/b/a Ox'aT3qe Blossc.~rt I~a7ign
` ` ~cD & R ta t ~ /
P.O. Bor. l~ 11 ?Y ~GLt~~li¢-~
~ Address • ~ ISEAI)
~ L~li a J. ~arr~s ,
~ Fer*_ Pierce~ Florid~_ 3?4ti4 ,
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~~;~K 455 ~~~E ~9 ~ ~
~ '1~ 453 ~~s~ 1183 ~
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