The URL can be used to link to this page

Home My WebLink About0939 • ' . ~SIMPL~_ iWT~F~E$T . , ~ • ~ PRQMISSORY NOTE ~ ' ~ , PROPERTY RE Al. TED $ 16,127.36 Octaber 3 19 86 , ~ar value received, the undersigned fand if more than one, each of them 'ointly and severaliy), hereinafter cafied Maker, promisas to pay to the order of $un ~ank/Tr.~asure CoaSt, Nat onal (W~i~h together with subsequent (NAME OF 8ANK1 SSOC1d~;Of1 holders of this note, are refer~ed to as "6ank") t its c,ffice at Ft. Pierce F1 ida, the princi- pal sum of Sixteen thousand one hundrec~ t,~ent sev~en --pollars($- with interest from the date hereof at the rate of ~ per annum on the fuil amount of said principal sum remaining from time to time unpaid, payable in monthly installments of $ 366 . 9~ each on the day of each successive month commencing on Nnvember 2 g_`$(~ , The Maker promises to pay late charges not to exceed 59'c of the amount of any payment or payments in default. All payments made hereunder shall be credited first to interest and lawful charges then accrued and the remain- der tu principal. The Maker has the right to repay this loan, in whole or in part, without penalty at any time upo~ the ; . payment of accrued and past due interest to date of prepayment plus a service fee in the amount of the tesser of $50.OC1 or 2 percent of the principal amount~ of this loan (Amount Financed), provided, however, that any partisl prepayment of principal shall be applied to the installment or installments of principa) 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 principa! balance. If any installment is not paid in full on such ciue date, the maker will be obligated to pay such additional amounts as may become payable by reason of the continuing accrual of interest at the rate designated 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 such charges do not cause the amnunt of the last installment to exceed twice the amount of the designated monthly installment, otherwise the resulting charges shall cause the number of payments to be extended, providing, how~ver, that no such extended installment payment shall exceed twice the amount of the designated monthly .installment. Any insiallment payment made prior to any due date or dates, or 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 applied to such redu~ed outstending balance to determine the amount of interest that is due. If the Bank deems itself insecure, or upon the happening of any of the following events, each of which shall constitute a default hereunder, all liabilities of each Maker to Bank shall thereupon or thereafter, at the option of 6ank, without notice or demand, become due and payable: ia) failure of any Obligor (which term shall mean and include eaci~ Maker, endorser, surety and guarantor of this note) to perform any provision of the mortga~e securing the repayment hereof, to pay interest hereon when due, or to pay any other liability whatsoever to Bank when due; (b) the death of any Obligor; (c) the filing of any petiiion under the Bankruptcy Code, or any similar federal or siate statute by or against any Obligor; (d) an application for the appointment of a receiver or the making of a genera! assignnment for the benefit of creditors by, or the insolvency of, any Obligor; (e) the entry of ~ judgment against any Obligor; (f? the issuing of any writ of attachment or v~lrit of yarnishment, or the filing of any lien, against any prop- erty of any Obligor; (g) the taking of possession of any substantial part of the property of any Obligor at the instance ` of any governmental a~thority; (h) the dissolution, merger, consolidation or reorganization of any Obligor; or (i1 the j assignment ~y any Maker of any equity in the real property secur+ng this loan without the written consent of 6ank. In addition to the Mortgage securing this loan, the Maker hereby grants to Bank a security interest in all prop- erty of each Obligor no~rv or at any time hereafter in the possession of Bank in any capacity whatsoever, including, but not limited to, any balance or share of any deposit, trust, or agent account, 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 all other liabilities of e~ch Maker to Bank (including a!I liabilities of each Maker). The Obligors, jointly and severally, promise 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, notice of dishonor, and extension of time without notice are hereby waived by each and every Obligor. Maker acknowledges receipt of a completed copy of this Note and rr~ort age o the ab te. AD~RESS SIGNAT RE , grove Ft. Pierce, Fl 33451 , ADDRESS SI TURE Lurae J. Hase rove ~ 60M and und~r - nonbatloon 3•0~~4-0048 N 7/82 ORIGINAL • Benk Copy YEILOW • Customer PINK - Fil~ 3 a, ~s ~ ~ Received ~ In Payment Of Taxes Due On Gass "C" In:an~ib:e Personal Property. ~JQ~~~Q Pursuan: To Ch~p'er 71, 134, Acts Of 1971. ~ V RO(iEi2 P~ITftAS~~ , Clerk Circuit Court, st~ Luc~e, co., F~a. Q~,j 23 A9 ROGEI't F'ii~,; -:~;i:;`~ c~ . ~ ST. LUC1_. ; f . . ~ . - ~M=~'s•tH,~c~+sqw*r:f,..es~~.Y,~.:..~;-«.:~~..:-_r::~..»•.,•.. _.~..~i~e~ifx~:•~~_~ss~rs+~..:.~:~,~a~k.~eilAns~ts.u.x.~- ~ ~ fx .:~~~\~:~..~P~09~fi ~ _ . . ~ - - . . _ . _ . _ . ..;in+:~~~.. R _ ! ~ _ ~ ~ _ . ~'-F . , `r~. ....a,.. _ . . . . ~f . _