HomeMy WebLinkAbout0937 \ 01
Jvi.Y 2.lsr .~9 a6 paKr wc1E . ~-u~+
~ This is lo cerl fy~ t~'~f' this is a Irue
236 S, E, ~ ~EFtRACE pORT ST. LUCIE FTARILZ~ 33452 and correct ccpy a ne on9~nal.
.
~P~operty AOOrou;
A RICAN PIONEER S N~S BANK
1. BORRO~\'ER'S PRO~fISE TU PAl'
in return tor a loan that I havc rcccived. 1 promi~e to pa~~ U.S. S 41~000,00 (th?s amaunt ~s callcd
"pnnnpal"j. plus inttrest, to the ordcr of the Lcnd~r. The Lender ~s
AI~iERjCAN pjGN~t SAVTI~~`,$ $AN~( . I undcrstand
that thc Lender may transfe~ this Note. The l,,~nder or anyonc x~ho tak~s this Nate bti• transfer and v?~hc. is cntitlcd to
receive pavments under this tiote is cailcd the "Notc Holdcr."
2. 1?~"tERFS?
lnter~t w~itt brcharFed on sinp3i~ piincipai untii the fult amount of princi~31 has been paid. 1~•i!1 pa~ ~ntrrrst at a
ytarit' ralC Of 10 ~ ~jQQ ~:c . „
The intrest ratr rcquired by this Sertion 2 is thc ratc 1 Will pa}~ both be~orc and aftcc an} dcfault dc~:ribed ~n
Section 6(B) of ihis I~iote.
3. PAl'14iEI~TS
(A) Time and Place ot Ya~-mentt
1 w•ill ~ay principal and intcrest by makin~ pa~•ments evcr~ month.
l w•ill make my monthly paymcnts on the ~ day ot cach month beEimm~g on $EPZ'Fl~BER 1ST •
19 I will make thae paymrnts even month until I have paid a11 of the principal and imerat and any ot~er charges
dacribcd belov? that I ma~~ owc under this Note. My monthly paymcnts will b~ appl~cd to intcrest beforc pnncipal_ If. on
AI~t~ST 2ST •2016 . I still owe amounts under this Note, I w~ill pay thox amounts in full on that datc,
v~•hich is callcd th~ "maturit~ datc_"
I w•iU makemy monthl~• pa~ ments at 405 7ZE S'IREET
FT. PIF.~tCE, FLO~tIDrA 33450 or at a different piace if rcquirtd b~ the Notc Holder.
(B! Amount of 1~tonthly Pati•ments
My monthl~• paymrnt v?i11 bc in the amount of U.S. S 375.04 -
4. BORRO~i'ER'S R1GHT TO PREPA~'
I have the right to make paymencs of pnncipal at an~ tim~ bcfore thcy are due. A~ayment of pnnnpal oniy is
know-n as a"prepaymcnt." whcn ~ makc a prepayment. I will tcU tht Note Holdcr in writing that l am domg so.
l ma~ make a fuU prepayment ar partial prepayments without pay~ng an}~ prcpayment charee_ Thc 1`ote Holdcr
w~i11 ux all ot my prepayments to reducr ihc amount of principal that 1 owc under this Note. If 1 makc a partial
prepayment, there K•ill be no changes in the du~ da:e or in the amount of my monthly paymcnt unl~ss the Note Holdcr
agrc+~ in writing to thox changts. !i
S. LOA'` CHARGES ;
Ita law•, a~hich applies to ihis loan and w•hich sets maximum loan charges, is finall~- inter~reied so that th~ in~er~t I
or other loan eharga collected or to be cotlected ~n connecuon u•ith this ioan exceed the permitted iimfts. then: am '
~uch loan charge shall bc reduced by the amount necessary to reduce the charge .o the permittcd l~m~t: and (ii) an}• sums
alread~ collected from me which exccedod permitlod Iimiu v?till be refundcd ta me. Tht Notc Holder may chnosc to mal;c
th~s refund b~~ redu~ing the princepal I owe under this Nou or b~• making a direct pat~mrnt ~o m~. If a rcfund reduca
pnncipal, thc rcduction w~iil be treated as a partial pTCpaymcnt.
6. BORRO~~'ER'S FAILURE TO PA~' AS REQUIRED
(A) l.ate Charge for Overdue Pa~•ments
If the T~ote Holdcr has not receivcd the full amount of any monthl} paymcnt b}• thc end of FgTEF2~ calcndar
da~•s aher the date it is duc. i u•ill pa~ a late charge to the Ivote Halder. The amount of thc charge v?•ill be5.000 ~ir of m.~
o~~crdue pa~~ment of pnncipal and interest. I will pa~ this )ate chargc promptl}• but onh• oncc on cach latc paymtni.
(BI Defautt
lt 1 do not pa~• the full amount of each monthl~- payment on the date it is duc, I w~iti be ~n defauli.
(Ci ~otice oi aPfault -
1f 1 am in de,ault. the'~ote Holder may scnd me a u~nt~rn notice telhng me that if 1 do not pa.• tne o.•uduc amoun~
b~~ a certain da~e, the'~ote Holder ma~- rcomre me to pac immed~ateh• the tuil amaun~ of pnncipal W h~ch ha~ not bcen pa~c!
and all the intcrat that 1 o~~e on that amount. That dau must bc at tcas: 30 dati~s af~er thc datc on ~~hi.h thc noncc u
dch~ered or maiicd to me
(Dl ~o «~ai~er B~~ ~ote Holder
E.~en ~f. at a ume K•hcn 1 am in dcfault, thc \otc Hol~cr docs not rcquirc mc ~o rac ~mmc~~atcl~ in full ai dncn'~cd
atx~~e. thc lotc Holdcr W ili stil! ha~e the neht ~o do so ~f I am ~n dcfault at a later nm_.
tE1 Pa~~ment of ~ote Hotder`s Cosu and E:Rereses
lf the ~oie Holder bas reuu~red me to pa~ ~mmed~atci~ ~n fuii as dcxnb;-d a'tr~~e. th^ ~o~c H~ldrr wilt ha.e thc
t~~ht to t,c pa~~ back b~ me for alf of nti c~sts and ~xpensrs m rnforcmg this ~:ote to !he u~ent n~~ rroh~bued b~ ap~l~cab}:
l~u . Thost ezj+enses include, fot e~am~,ic. reasonabic attorners' fccs
7. G1~"I~G OF ~:OTICES
Lnlc~s ap~+i~;abie !aK req~~re1 a difierent methad, am notice that mutt b~ €~?cn t~ me undcr tht. \~sc K ~N tu ~~~cn
M dci~.enn~ it or b} ma~hng ~t b}• firs~ elasi ma~l to me at thc Pror?rn~ Ad~rr~i ahc~~e or a~ ~ d~ficrcn~ addre~. ~f 1 F~.r thc
irnc Noldcr a nflt~cc of m: daffctcm addres~
An. n~t~cc ~h~t mutit be gi~cn ~o ~nc \~~c Holdcr undcr thn `~a~c will t?c g~~cn h~ m~~ii~~ it hti f~r.i clati. m~~l to thc
\~~c Hc.ldcr a~ 1hc addretiS tt~trd ~n Sccn~n 3fAl ahotie or at a d~Rercn~ addre.~ ~f 1 am F~~cn a nnn,e ot thal d?ticrcnt
~d~tr.~
MULTISTATE FIXED RATE ~~OTE-5~~~~e Fam,ir-iNMA/?HLMC UNIFOftM It~$1RUMf1i Fo?m 3?00 I2l83
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