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Home My WebLink About0953 SIMPLE INTEREST PROMISSORY NOTE PROPERTY RELATED 5 6,009.06 February 19 ,~g 86 For value received, the undersigned (and if more than one, each of them jointly and sever~lly), hereinafter called ';^aker, promises to pay to the order of Sun Bank of St Lucie County (Which, together with subsequent (NAME OF BANK) ~ otders of this note are referred to as "Bank") at its office at _ Fort Pierce Florida, the princi- c;al sum of Six '~housand Nine Dollars and 06/100----- Dollars 6,Ob9.06 ~ .•,+th interest from the date hereof at the rate of 13.50 °~o per annum on the full amount of said principal sum remaining from time to time unpaid, payable in 60 monthly installments of $ 138. 27 ~_ach on the 21st day of each successive month commencing on March ,~g 86 , The Maker ;.~romises to pay late charges not to exceed 5°%0 of the amount of any payment or payments in default. r All payments made hereunder shall be credited first to interest and lawful charges then accrued and the remain- :er to principal. The Maker has the right to repay this loan, in whole or in part, wi[i~out penalty at any time upon the ~ : a; ment of accrued and past d~e interest to date of prepayment plus a service fee in the amount of the lesser of ~~0.00 or 2 percent of the principal amount of this loan (An~ount Financedl, provided, however, that any partial ..repayment of principal shall be applied to the installment or installments of principa~ last maturing hereunder. The amo~nts referred to above have been computed upon the assumption that all installment payments will be ~•.ade on the respective scheduled due dates. The intere~t is computed on the unpaid outstanding principal balance. If installment is not paid in full on such due date, the maker will be obligated to pay such additional amounts as " a~; become payable by reason of the continuing accrual of interest at the rate des~gnated above. Any resulting arges accruing on account of failure to make timely payment on the due dates will cause ~ncreases in some of the .~~.ounts designated abave, and such aggregate increase shall be payable at the time of the last instatlment if such •;irges do not cause the amount of the last installment to exceed twice the amount of ihe designated monthly ~ sta';ment, othenn-ise the res~lting charges shall cause the number of payments to be extended, providing, however, at no 5uch extended installment payment shall exceed twic~ the amount of the designated monthly installment. y insta(Iment payment made prior to any due date or dates, or any arepayment, may cause decreases in some of the : o:.nts designated above for the reason that the unpaid outstanding principal balance will be reduced and the ~-_rest rate des;ynated above is applied to such reduced outstanding balance to ~etermine the amount of interest that , ~..e. If t1~e Bonk deems itseif insecure, or upon the happening of any of the following events, each of which shall ~st~tute a default hereunder, al~ liabifities of each Maker to Bank shall thereupon or thereafter, at the option of .F, s~itt~out natice or demand, become due and payable: (a) fail~~re of any Obligor (~ti-hich term shall mean and _ ~de e2ch P~1aker, endorser, surety and guarantor of ihis notel to perform any provision of the mortgage securing e!epayr,~ent hereof, to pay interest hereon when due, or to pay any other liability wha:soever to E3ank when due; i;ne dea*.h of any Obligor; fc) the fi;ing of any petition under the Bankruptcy Code, or any similar fed~ral or state ~:~.:te by or a~~inst any Obligor; (d> an application for the appointrnent of a recei~fer or the making of a general ~ :~s ~nnrr~ent for the benafit of creditors by, or the insolvency of, any Ob~igor; (e1 the entry of a judgment against any , - ~:~~,~or; (f) the issufng of any writ of attachment or writ of garrishment, or the filing of any lien, against any prop- j oi any Obi~gor; Ig) the taking of possession of any substantiaf part of the property of any Obligor at the instance ! • any govemmental authority; (h} the dissoiution, mergzr, consolidation or reorganization of any Obligor; or (i) the ~ ,r~ment by any Maker of any equity in the real property secur~ng this loan without the written consent of Bank. , In addition to the Mortgage securing this loan, th2 Maker hereby grants to Bank a security interest in all prop- -~r,; of ea:.h Obligor now or at any time hereafter in ihe possession of Bank in any capacity whatsoever, including, not limited to, any balance or share of any deposit, trust, or agent account, as security for the payment of this ~~~:F, and a sim~ilar lien upon and security interest in all such property of each Maker as security for the payment of all er i~abilities of each Maker to Bank (inciuding all liabilities of each Makerl. ; Ti~~e Obiigors, jointly and severally, promise and agree to pay all Costs and expenses of col{ection and reasonabfe _-~::meys' fees, whether incurred in connection with collection, triat, appeal or oth~rwise. Presentment, demand, protest, notice of dishonor, and extension of time ~v+thout notice are hereby waived by ~ ~~h and every Obtigor. Maker acknowfedges receipt of a completed copy of this Notg ar,d mortgage on the above date. ~ p~ ~7~ , ~LC~ ~ cc < < t.~-/_- ' ~ i R 9 A1 4T a ~ i d Av P f i1 ~-1,,,,) & ,~oor~ESS port St Lucie, F1 33452 SIGNATURE Doris M Kujaw~hski t ~ 589 N W Placid Ave Port St Lucie F1 33452 - E IP ~ ADDRESS GNAT R ~ a F G, `r, ~ ~ ; ~nd under - non iioo~ Dac Stamps in the amount of ~9.15 af f ixed to mortgage ~ : C454-004$ N 7/82 ORIGINAL - Bank Copy YELLOW - Customer PINK - File r ~ (o ~ ~~1•c~ tv r ~,;.,,~,r p{ Taxes Rece~~°'~ 5- „ :Y• Du~ ~ ` ~ _.s Ot 19i 1. ' Pu.s ,r~ ~ . - Q " ~4'~~~,~, ~o.,'~~~ ~~g353 r~~'R CL..::I: ~ ~ ~ '8b FEB ?8 P12 ~ U~ ~ s:: - Fllc ~ ~ , ~ . ROGER r~ , = E ;r ~ ~ r . ,.:y . = ST. IUCIF ' ~ . . ~ ~ _ _ . ~.:~k 49? ~.~F ~4S ~ ~ ~ ~ ~ill~I~ i J~. :t,~. ~M:~.~..:4. - ~ . . . 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