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Home My WebLink About0998 81MPLE INTE~iEST ' ~'ROMISSORY 11fOTE . PROPERTY RELATED S 13,813.72 March 8 ~~S , Fo~ value received~ the undersigned (and if more than one, each of them jointly and severally), hereinafter called Maker, p~omises to pay to the order of Sun Bank of St.Lucie County (whi~h, together with subsequent (NAME Of ~ANKI holders of this note, are referred to es "8ank") at its office at Ft.Pierce , Florida, the princi- : pal wm Of Thirteen Thousand Eight Hundred Thirteen DOlla~s (S 13.813. 72 ) with interest f~om the date hereof at the rate of 15. SO 96 per annum on the full amount of said principal sum i remai~ing from time to time unpeid, payable in 12O monthly installments of $ 229. 67 each on the 7~ day of e~ach wccessive month commencing on A~ ril 7 g~,~ , The Maker promises to pay lete cha~ggs not to exoeed 5% of the amount of any payme~t or payments in default. All paymentt made hereu~der shall be credited first to intsrest and lawful charges then accrued and the remain- der to principel. The Maker hes the right tc repay this loan, in whole or in part, without penalty at any time upon the payment of acctued and past due interest to date of prepayment plus a service fee in the amount of the lesser of $50.00 or 2 peroent of the principal amount of this loan (Amount Financed), provided, however, that any partial prepayment of prinCip`al shall be applied to the installment or installments of principal last maturing hereunder. The amounts referred to above have been computed upon the assumption that all installment payments will be made on the respective scheduled due dates. The interest is computed on the unpaid outstanding principal balance. If any installment is not paid in full on wch due date, the maker will be obligated to pay wch additional amounts as may become payable by reason of the continuing acc~ual of interest ai the rate des~gnated above. Any rESUlting charges accruing on account of failure to make timely payment on the due dates will cause increases in some of the amounts designated above, and such aggregate increaSe shall be payable at the time of the last installment if wch , charges do not cause the amount of the last installment to exceed twice the amount of the designated monthly installment, othervvise the resulting charges shatl cause the number of payments to be extended, providing, how~wer, that no such extended instatlment payment shall exoeed twioe the amouni of the designated monthly installmen~ Any installment payment made prior to any due date or dates, o~ any prepayment, may cause decreases in some of the amounts designated above for the reason that the unpaid outstanding principal balance will be reduced and the ! interest rate designated above is appti~d to wch reduoed outstending balance to determine the amount of interest that is due. If the ~ank deems itseif insecure, or upon the happening of any of the following events, each of which shall constitute a default hereunder, ali liabitities of each Maker to Bank shall thereupon or thereafter, at the option of Bank, witho~t notioe or demand, become due and payable: (a) failure of any Qbligor (which term shall mean and j include each Maker, endorser, surety er~d guarantor of this note) to p~rform any provision of the mortgage securing j the repayment hereof, to pay interest hereon when due, or to pay any other (iability whatscever to Bank when due; (b1 the death of any Obligor; (c) the filing of any petition under the Bankruptcy Code, or any similar federal or state ; statute by or against any Obligor; ld) an application for the appointment of a receiver or the making of a general assignnment for the benefit of creditars by, or the insolvency of, any Qbligor, (e) the entry of a judgment against any Obligor; (f? the issuing of any writ of attachment or writ of garnishment, or the filing of any lien, against any prop- erty of any Obligor; (g~ the taking of pos9ession of any substa~tial part of the property of any Obligor at the instance of any governmental authority; (h) the dissolution, merger, consolidation or reorganization o` any Obligor; or (i) the assignment by any Maker of any equity in the real property securing this loan without the written consent of Bank. ' In addition to the Mortgage sec~ring this loan, the Maker hereby grants to Bank a security interest in all prop- erty of each Obligor now or at any time hereafter in the possession of Bank in any capacity whatscever, including, but not limited to, any balanoe or share of any deposit, trust, or agent acoount~ as security for the payment of this note, and a similar lien upon and security interest in all such property of each Maker as security for the payment of alt other liabilities of each Maker to Bank (including ail liabilities of each Maker). The Obligors, jointly and severally, promi9e and agree to pay all costs and expenses of collection and reasonable attorneys' fees, whether incurred in connection with collection, trial, appeal or otherwise. Presentment, demand, protest, natice of dishonor, and exiension of time without notice are hereby waived by ; each and every Obligor. s Maker acknaw{edges reoeipt of a completed copy of this N te an mort n t bo date. € 2804 Summit Street ~ /t,-. ~7 ~c- f ,aDDRESS 1 NATURE J M. fan ~ Ft. Pierce,Fl. 33450 ~ ' ~ t. e ADDRESS SiGNATURE D e . 8Ay Doc Stampa in the amount of $20.85 Affixed to Mortgage ~ ~ 60M ~nd undn - non6dioon 's ~ 3•OA64-OOQB N 7/8~ ORIGINAL - Bank ~ YELIOW - Custom~? PINK - FIM ~ -----•----4~. _ . . - - - - - _ _ ~ 3 . . ~ ~ - '85 hAR 12 A 9 ~22 Q - ' T,f:~. ~ r" ' - ~ T ~ ~ _ . • ' ° 1 . . . 6 , . LE C i . . ~ - , . ~ , ~ } - ~ ' FI ~ • ~ ~ • ROGER FG: ; _ ~ ~}};K ~ _ . _ _ ST: LUC1E C~:~wtX. ~ F ~ - - - - s~(~~ . ~ ~ - ~ ; . ~no~ 458 p~ ~7 ~ k F ~ . - _ _ . . ..i_~ _ 9 G~~~ ='H,_'- ~~.''_~.5. . _ . ^ ~ ; 3 " ~ ~ ~ 'b~-'5~:. . .v... ~'~.~.n.""~"~`,~,:~. " C'~". ~q::. "{'r'K~- . ~ +'L yk~ ~ ~