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HomeMy WebLinkAbout0933 ~ Riv~rfid~ N~tion~l 8ank Not~ NumbK - ON TNIS 2 ~th DAY OF December » 8S FOi1 VAIUE RECEtVED. THE UNOER81t3NED hK~i~ahw uli~d "Mak~i' without rpard to ~uml~? or p~d~, jointfy ar+d tsw~Nty PROMISE TO PAY TO THE ORDER OF RIVER8IDE NATIONAL BANK OF FLORIDA Z~11 Ok~~chobi~ Rd. Ft. W~~c~. FL. 33450 1~i~ahK uU~d "eank." FIFTY THOUSAND AND NO/100 - THE PRINCIPAL SUM OF OOLU?qa ~ ia 35 initial monthly principa and interest payments of $660.75, to be ad,~usted; PAYABIE ~n a i accrued interest due December 27, 988. IntK~st tMr~+ shall ~ccnN from th~ dat~ ot tundi ~tM basE~ of ~ 306 day r, at tM ANNUAL PERCENTAQE ' ljzx over prime rate ae estab~ishe ram' ~ime to time by 1~ust Co~any, ad~usted the~ RATE qF first of each month. Prime rate ia _ currenttily 9.50X. INTER~ST SHALI BE PAYABLE m°Athly, beginning Ja ry 27,,,~1986 ~ ~ Alt paymMts sMN b~ ~ppli~d first ~o axrwd int~rpt~s~ ti+in.po pdncipal. lnqrnst wiil aarw st tM r~t~ of t13o8th o~ ~nnuN int~rast ` tor ~~cA daY that prir~ipal ts outstandiep but in ~vrnt MuR int~nst b~ du~ at a nt~ in ~xc~ss ot th~ hi~Ma iawtul rsts. WiMcw ~ limian~ th~ p~sl+ty oi tM for~poMp. ~nd not~~latandiep onl or writt~n ~prNrttant. no daposit of iunda ~haq b~ rpuind in ` conn~ctan with tfiis ban in an ~mouM wf?kh v~M, wh~n 1rom tAi princip~l amount ouuundir~p Mrwnd~r. caua~ tM r~n ot ~ j int~nst Mhund~~ ta sxc:Nd tM maxlmum nts. ~ It ~ny psymant is not, m~ in tuQ wh~n dw. ~ntin unp~fd principat and ~ccru~d int~ra~ {tss ~ny uMam~d int~nst and sny intenst i~ ~xc~ss oi tht maximum ~I{ow~d by I~w ~ny nb~tN r~quind by~law. shall at tha option of tM Iwld~t b~com~ immaaiatiF~r du~ ~nd paysbl~ without notiq. Failun to ~xKC~ option ~11 rwt ca?stituu ~ waiwr of th~ wbapu~nt ri~t to ~z~rcis~ ~ueh option. AFTER MATURITY. INTEREST SHAI.L A~CR QN THE DEIIN(lUENT PRINCIPAL BAUNCE AT THE HIGNEST LAW~UL RATE OF INTEREST OR. IF NO MAXIMUM RATE IS P CRIBEO 8Y I.AW. AT 18% PER ANNUM. As s~curity tor th~ WYrrNnt o~ this not~. ~nd any r~wsls. sxt~ions or modit~cations th~nof. and • otMr liabiI~'' oi the M icM to tM B~nk how~wr w wh~nw~? cn~ud. M~ l+K~by pnnb to th~ 8ank a s~curity inanst in: ~roperty lying anc~ being aituate in Section 2~,-'Yf6w`ns i-~ p~ uth, RangQ,40 East. and being more particularly described in mortgage a~` even date herew3.th. ~ THIS LOAN IS PAYABLE IN L AT THE END OF T YEARS. YOU l~ilJST REPAY THE ENTIRE PRINCIPA BALANCE OF THE IAAN AND AID INTEEtEST T1~N D. THE BANK IS UNDER NO OBLIGATION TO REFI THE LOAN AT THAT TIMI:. YO ~TILL THEREFORB BE UIRF~ TO MAKE PAYI~NT ~Vf OF OTHER ASSETS MAY OWN, OR YOU WILL HAVE 1'0 R~ID A LEI~IDER i~TILj:ING TO LP~ND YOU THE MONEY AT PREVAILING RATES, WHICH MAY BE O~NSIDBRABL~~~iIGHER THAN ~4iE RATE OF INTEREST ON THIS IAAN. ~ wn.enw or na .v.rifie aop~ty is .Dor.. ...ad~tiaw ..wnh lo. a» o~r~+t a t~ Na.. «w r«»wah. ~co«+uoo. « ewarK.aa,. uy..ot «+a «?,r wH« lwoici~s of INak~r a lank i~orwwc erwt~d. MakK 1~~bfi pbdpu w ~snk ~ny ~nd MI propaty d Lt~ eww a MrNfnr dNi»~~d a o.1~h in a oomi~q ~ iruo ar oa...NOn. oonaa .d+ww ao~MNlr M oor~anl Np~i~ « br «w oaw. pwpw. (+nelud"w+p uaA. aoet ane otl~ av~a«+as. «a ~a ripha eo wbKiib~ tor s~a~riti~s inei~iM ~w. d~d~r~d. a pnnNd in oorr~etion wiM wd~ poprt~rl. ~nd propMq dNa~d in ooM~qnl ?~aipq a ou~M doa+nr~q ~ipn~d a ~~w,.a ev a+. ~,r«.,~+a~r,rw.~ na.a~.~es oe «ar a u~. oo~.~o~eq..~,.~n« a~ nw N m. oo.....w~ a s.n~. wa~ aovnr «+a .~r an« aov«+r «~wxw M~'s li~biid~s b tM wiY MrNh~r b~ ~rnd b N'IM CowtMM." 7M CoYaqrMl ia Wo p~dp~d p Nwritr tor M otMt Y~bilitiN (prim~ry. sKOndsry. dincY. conwq~+c, soM. i~+t or 1. ew o~ w b~eoen~ dw a wt~icA nry b~ convaepd or ~opuind. d w~h Ma~w (incMidiiq Neh MNw and +nY a?w pNSa+) b e.~. ~+.d». ~a, r.e~rw. n+. o.awwr oow~. o~ ewNws o. ~w~.~~ e.?.a,.,~..,y as~+ua ~o n+. s«,k n. ooa«+ w a«,.+« •~.~w wh. w~r a m its narwnN any CWIatMN. ~nd r~e~iv~ tM +neon» qwwn pK+ AoW tM as akwitp Mn1w. a~ppy it on Hr P~w+ciD+1 a inuna Aw h~~on a dw on M?Y N+piliey ~ ..c;?.d n...e,r. rn. sa~ rt?w w naa .rw v~.ao.e w~v.nr ~,.~.wa« •~e.. n+. vrm«n a aw oocs. ~r n+. on+. a en. p.y.?~.~?~ «a abcn..o. ; ~i n«.a .~r o+ u+. e.~ti.s wa. w. r+. oa~cT«+~ n.no~ .nw a a?.~+ av.ow eonti^p~^W 1iabM w cM t~+~. ~s msk~?. ~ndor~. wnH a pwranta of ~+p otlyr iwn. ~ Oroh. biil ot uelunp~. a otl+~r ieatrum~n~ dr ot?~rwis~. M+d 1M duik kar wroiw tM nphts witA n~O~et to wid OMdQ~d O~~Y Onntad hK~in rwn tl+ouph . i tlw not~ shaN h~w Dw~ wrr~rW~nd q tM Msk~. ~ - f ~ It q jdndY ~nd srwrMh tw~n~rtad and prMdwitlHA?~snk pY NeA M~iw. rndona. wntll. Wanr?tor. ttd otl+~ D+rtY ta tl+is noU IaN of whan sn Mr~in~hM tot brw+tr u~d Owiyw a Obliqo.sl thrt: i • f 1. Additions b. nN~MS. n0i+etioM ot kehanp~s d, a M+btt+tueiaN la tM CoN~tuN. O~Y~q an ~etount o1 tAis bsn or intnasK of tM MnM. a oGw baM m~ PW+MY a+~?~Y IM CoNabri~. n~r lrom tirtN b tim~ 0~ +e~ wiRlwut ~f(~ctinp tl» W~o~s or tlra noq a tl?~ Mabi6Wa ol ~nY PwtY MnW. 6snk sAall n~raN ?MSOnYDM CM~ i~ t!M Guqody ind prNMV~QOn 01 tlfi COwtMN Md ~1M~ E~ d~MrNd t0 ~Yw ~rC~s~d r~iaoMbN Car~ if it t~k~! wdf KLOn bt thit pufpOa~ as MakM ~ +h.N n+.w++wr nawa w+?rino. eu~ no omi.«w+ w oomplr w~a+ a?v ~•a~»« a wk.r .nw a~c..n a a.rt?.e , ~,aw. w.i..a,. ~...w+.a. o.... w~nwvt w~ipnp Tn. p~rwabty o~ tM bnpoinp.lM lM~k aMp Mw no rpporuipifih 1or atutaittiep Mty tryWriti~s. e~lM. oonv~~s~ons. u~harq~a. oM~rs. ptrd~r~ ot ~imil~r R+sK~rs rNStinp to ~ «w oe nw CoNawr. rwr tor .d«nwq cn~ ww«uyn.a ,~iq+ n.p.a a~n~r uanw. ~~nt ,nw na e. eound a tNc..ny st~os n~e.wrr m p««w .ny rpnn in d» ~ Dwdp~d OroD«t1~ q~r1 pia W.ti~s. Md Mak~r ~IUY t~ W n~e~arY ~t~p tOr waA ptupo~i~s. a~nk w i1s iwrr~iew rwd +qt eoM~et inw~st on or pru~c~pa a1 M+q s Dwdp~d P?op~r1Y a Ynn ~r?Y ~Otiq wifh rpp~tt lo k. F¢ C ~ 2. uo«? ~,.vo.~~w a.~ a en. ~onoN,~ .w„u...a~ d,~+~a, ~+w oo~.uwa . a.rwn n..w~+e... o. ~r a» cow~«.~ .n.r n.~,,r am. wow++. w+..,~.~,o.~, ti ~ ea+k. a it e«,k ,I+M M«w we. a..m in.+~ wa~cw.. w w.bdit,« of «en Irt.r« w t.nk. w+~.u~« o. no~.v~d~nc.a ar uw. ~+oa. ~n.M u»..upon o. u»...h....t a~. ~ ~ a s.~ w+u+o~n ~+o~c. a a.~w+a. e.rom. ew «w p.,~.es.: ut r«iw. ~e «+r eapo~ w w~+o•T.~r •a•••m.+~~ n«.w+a.? «w p.r r~.,~,.~, dw.,m :ye+~r € ~uo.r.. ~ a«,k o? a~r rw,~m a»..a «~e«.a a+...a?: w~ a..n, a«+y oeroa: te~ a+. ~W ~•~r wt+ba+ u+~a.? a» eaN~rupecY Aet. w.ny sim~ar he«N ~ a suu sacua. Dy a~pwrt any OWqor: (d) ~n ~ppMeation lor rh~ ~ppoinreynt d ~ rse~ewr tor. d,~ mat,~g ol + p«,«N ass~piwnw?1 tor tM p~r»fn ei u~diton by a q» } ~n?«+«r a.~?v oaqo.: n+..ovr a.;~doR,«+c .w~•~+r oe+~oor: M n+. aa,~+o a~.naen~+a a o..M,~?~,w+~. w u~. r~wr+q a«w ~wN+« ~nr aoc«+y a s .m oa~?: ~a~ a» w~ ~r vo•...~«+ a..w .ue,w+a.~ wK a cn. wooo~h a.~, oa~oo?,~ e,. ~,.u~. a.~?„ oo~,..,,n?«+~ .~,n~oM,~: ~tii a+. a~..ow~. ` ,p ea~toMdatan. a noroanisstwn o/ ~nY OW~pa: GI tM d~t~reern~tion by t~nk tMt ~ nNUriM ~dNrN ehK+p~ Aas oewrnd ~n tM !w?M+e~al oa~dition o! ~ny Oblipw ln~n tM € : condrt~o~s s~c bM m tl+~ maa rec~nt fir~s++ci~i at~t~m~nt ol wch OOYpor Mntafor~ ~u?n»I+ad ~o ~ank. a hwn d» canduon ol wd~ z aaeb..a ea a«+k in .ny ~.ma: a a+.t .ny war*.ntr. npr..«n+etion. o.etiliCa» o..ss»n+~nt a ~+q« ,a n«.to~o.• nwa r~ee«?ar s" ~ ~+w ~wo? (wi?rHw conuoud n tlw noq a na1 v~rt~inny to a in eoer+~ction witA N+w noM a ~M ban ~vid~ne~d by d~a raN i~ not teu~: W~a~w?t M~ehr w?alw d ~e+ry wu~h Y+ ~r o~ tlw pbdp~d CoMatKM wi~lwut tt» writwn c«r«n a s.nk: tk? hilw. w do .x th~ n~e«.w a pr«sni. «+a n+.i~+wn an v.1w uw cau.cuediq of en. Ca~.e.ra. w,uudinq. eu~ iwt rim~c.e o eo. th~ p~ym«~t of wa and pnn+wms on poiiei~s a irw~~na en tM dw O~a wRhout E~r»rrt ot d» ar~u p~rwd w 0 ' o ' ~ • ~ THE PAOVISIONS ON THE HEVERSE SIDE ARE A PART OF THIS NO~E. ~ m ~85 ~c 3i P 2 :4; ' 2705 South Indian River Drive ¢ A~dr~as ~ ' , ISEAII Jo D. llonee, r. ROG~~ o Fort Pierce, Florida ST. Ll1C,E " . ~ ' ~ ISfAU li" eth H. Mallonee ~~~Q~~ ~~~K4~'7 Q~~E ~.32 - _ . . _ . _ ~ ~ -