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HomeMy WebLinkAbout0919 ~ ~ ~ ~ v ~ ~ ~ ~ ~ ~ c- ~ ~ 4~~:t~vw Go+~~t~un ~ . . . i~ . . . t ~ i - l`I~v~Yt~iAkY ~~r~,` SIM~I.E iNTEREST ~ - . : : 1E , . , ii PROMISSORY NOTE - , :s~~~_ ` ~ ` PROPERTY RELATED ' - - _ , - - - - 5 19, 579.81 - _ _ July_2~_---- - _ t~~.------_ ~ For va!ue rece~ved, ihe unders~yned (v~hether one or more nere~~after called "hlaker"), lointly ard severally, prem~ses to pay to the order Sun__Bank uf St.Lucie_Count~___ (wh~ch, togather ~v~th ~NAME OF BANK~ Ft. Yierce 5ubsequent hu'ders of this ~o;e, are referred t~ as "Bank") at its ott~ce at Flonda. the pr~nc~pa~ sum o! _Ilinc:tesn_ Th:ius~n~~iy~ H?~ndrPd Seven~~C_~ine ~~1 f 1(lQ _ Dollars (S_1Q,.~1~_.flL-) w~th ~nterest trum the date hereof at the rate of 12 ~~5_°% per annum on ihe full amount of sa~d pnnc+pal sum remaining from t me ;o t~mP unpa!d, payable in monthiy mstaliments ofi 5_?.~-$.1~__- _ eaCh on ths _22~tL._ day of each success~ve month commenc~ng on Aug. 22 ~g 86__ The Maker p~omises to pay late charges ~~ot to exceed 5`~ of the amount ot any payment or paymen!s in ~efault. All ~ayments made hereunde~ shaii be credited f~rst to interest ana iawful charges then accrued and the rema~ner to principal. ".1~~M.er has the r~yht to prepay this note, ~n vrhole or in part, w~thout penalty at any time upon the payment of accrued and past due :nterest a~d cnarses to date of p-epayment plus a service fee m the amount et the lesser ot S50.00 or 2 perLent cf the princ~pal amGUn', of th:s ioan (Amount Financ2~), prov~ded, however, that any parha~ prepayrrient of principal shall be appl~ed to the mstallment -;r instaiiments of pnncipat last maturing hereunder. Tr~ amounts referred to abo~c~ have be2n computed upon the assumpt~on that a~i instal;ment payments w~i! be made on the ~~~p~•ct,y~c sch~~duled due dates Intc~est accr~es on the ~nc,a~d uuts'and~n~ prmcipal balance. It any mstaliment ~s not pa~d ~n f~ll on ~n~, d:,~ date, t~~aker w~~l be ob!~gatea tc ~ay such ado~t~~nai amounts as may become payable by reason of the cont~nwng accruai o' •±~rc:5s at tt:e rate des~gna;ed abovc Any ;esuit~ng charges accru~ng or: account of failur2 to make timely payment on the due dates ~ cause ~n;.reases m some ct the a~r~~~unts Uesigna;ed above. Any ~r.stallmenf payment made pnor to any due date or dates. or any :,~epaymen;. may cause decreases ~r seme of the amounts des~gnated above fer the reason that the unpa~d outstand~ng pnnc~pat ance r.r'. oe red.,ced and tr,e ~ntE~res~ +ate r.es~gnated above ~s appl~ed to such reduced outstandmg baiance to determ~ne tne amo~r,t mteres~ tnat ~s due. it E~~nk Ceems ~tseit ~nsecur~. ;>r u~:,n the happenmg of any o! the foliow~ng everts. each ot urh~ch shaU const~tute a detauit i:~r~;~nUf;r. ai; ii~t~iiht;S Of B<iCh P~1~hCf I~ f3ank Sha~! thereupon or thereatter, at the option o! Bark, without noUce or dema~r. b@COf?1~ ;<,c; ~ind payab~e ca1 Sa~lcre ot any O~'..^,o~ t~tih~ch term sha~l mean antl ~nclude each Maker, endorser, surety and guarantor c! th~s lC; ~'ief`0'T any prov~5'~iifl Of 3'13 5•=::U":~/ S~3'@@f^efl? Or m~rtgaqe securmg the re~ayment he~eot l:~ (~~3'~ int~.'t.,r ho,•r•r~n r~I~r;n ~ ~'t •"a, 3~ ..l'- _c~.C' d3'~K '~S'^E"~ ~~@. 1.~.~! ~!'c~ ~,+parr O! 2'~~ J~.~i~p! _ tr,Fj ' : , . . ' . ~ . ~ c j :J _ . - _ . _ . j.~iJ_; . •JV ~ i. , / ' _ " . ' ' . ~___:__`r-.~'~....'•~f•~~!F~''~'-•~' . . _ ~ . , ~ _ ~ . \ • _ _ _ , _ . _ ~ _ : _ _ ~ r ~ _ ~ y~_ - _ _ ~ ~ ~ ~ . ~ ~ . _ = - ~ ~ ~ ~ • , ' . , . ~ . consent Ot BanK. In add~UUn to the mcrtgage secunng th~s foan. Maker hereby grants to Bank a secunty ~nterest ~n all property of Maicer now or a? any t~me hereafler ~n the possess~ur, of Bank ~n any capacity whatsoever. ~ncludmg but not Lmited to, any balance or share o` any depcs:t. trust. or agent account. as secu~~ty for the payment of this note, and a simiiar lien upon and secunty ~nterest ~n all such ;;ruperry ~f each tilakpr as secunty to~ the payment of al! other 1~abiiities ot each Maker to Bank (includmg a!I iiabilit~es of each Maker). The Ob!~gors. ~o~ntiy and seve,alty, prom~se and agree to pay au costs and expenses ef collect~on and reasonable aKorneys' ; !ees. whether ~ncurred in con~ection w~th collection, tnal. appeal or otherwise. ! Presen!mert, demand. protest. not~ce ~f dishenor, and extension o( time without notice are hereby wa~ved by each and every t Obiigur ' Maker acknowledges rece~pt ot a comple!ed copy ot th~s note and mortgage on the above date. K NOTfCE TO COSiGNER: Ycu are be~ng asked to guaraniee th~s de~t. Think caretully betore you do. !f the ~ ~ ' ~ ~ borrower doesn't pay the debt, you wil! have to. Be sure yau can afford to pay ~t you have to and that you ~ i ~:~ant to accept this rES~nsibility. ~ ~ ~ ~ You may tiave to pay up to the ful! amoun? of the debt if the borrower does not pay Yau may also have ~o ; I, ~ ; pay late fees or co;lect+on costs, wh~ch ~ncrease ihis arr~ount. j ~ The Bank c~n collect this debt from you w~thout tirst trying to co~lect from Ihe C~rrower. The Bank can use the ~ ~ same coi~ectior methods agamst you that can be used agamst the borrower, such as suir~g you. garn~sti~ng i ~ i ~ i your wages, etc. If th~s debt is ever in default, that fact may become a part of y~ur cred~t record. ~ i ' ~ ; Th~s not~ce ~s rot the contract that makes you hable for ti?e debt. >z ~ ~L/G~ k 602 S. :•Sarket St. - ~ SI N RE Clyde Wall ' s ADDRESS . ~ Ft.Pierce,Fl. 33450 G~~~X-C~ ~ ~ ADDRESS SIGNATU Ma-- aret Joan Wa s ~ Doc star~ps in the acnount of $29.40 affixe3 to rtgage ~ }~1," c' . ~c' - ~~G''Ga '7'7248~3 ~ ~ ~7Y•~~ f ~ - - _ '85 ~L+L 24 p 3 ;~Q ~1~ ~`,nce^,c.:i! ,~j . • nr,~ ~J~fQS ~ ~ ~ I ;ti Of lyi1.~Y~ r. t i, - . - - . . . ' ~~C,~ V ~ : ~ ~ o~ - S i. t , . ~ ~ ~ _ . ~W_ie, cc., Fla. ~ gooK 508 ~~cr ~1g _ _ _ ' - - - ~ r ~ , ~ _ - ~