The URL can be used to link to this page

Home My WebLink About0953 ~ ~ SIM~L~ INT R~ T s , PROMI „Q~iY NOTE ~ PROPEi~T~' RELATED ~ ~ 5,423.10 hovember 12 ~g g6 , For value ~ec~ived, the undersiflned (and if m re than one each of _the jointly and severally), hereinaftar called Maker, promises to pay to the order of Sun BankpTreasure CoastLNat~onala~lWhich~ together with subs8quent (NAMEbF8ANK) ~s~ation hol~iers of this note, are refer~ed to as "8ank") at its office at ~t. Pierce ~I rida, the princi- pal sum of F~ve thousand four hundred tw~ntv thre~ and 10/100 ---~~~ars ~~3.~0 ~ with interest from the date hereof at the rate of 13 •~9 96 per annum on the full amount of said principal sum remaining from time to time unpaid, payabl~ in R4._..____. monthfy instaliments of $ 97 -19 each on the - t12 h.~. day of each successive month commencing on Qecember 12 ~ ~g 8b , Yhe Maker promises to pay late charges not to excesd 596 of the amount of any payment or payments in default. All p~yments made hereunder shall b~ credited first to interest and iawful charges then accrue~! and the remain~ der to principal. The Maker has the right to repay this loan, in whole or in part, avithout penaity at any time upon the payment of accrued and past due interest to date of prepayment pius a service fee in the amount of the lesse~ ofi $50.00 or 2 perceni of the principal amount of this loan 1Amount Financed), provided~ however, that any partia) prepayment of principal shall be applied to the installment or installments of principal last maturing hereunder. The amounts referrad to above have been computed upon the assumption that all installm~nt payments wi!! be made an the respective scheduled due dates. The interest is computed on the unpaid outstanding principal baiance. If any installment is nnt paid in fu11 on such due date, the maker will be obligated to pay such additional amounts as may be~come payable by reason of the continuing sccrual of interest .at the rate designated above. Any ~esulting charges accruing on account of failure to m~ke timely payment on the due dates will cause increases in some of the amounts designated above, and such aggregate increase shatl be payable at the time of the last installmeni if such charges do not cause the amount of the tast installment to exceed twice the amount of the designated monthly installment, otherwise the resulting charges shali cause the number of payments to be extended, providing, howaver, that no such extended inst~llment payment shall exceeci twice the amount of the designated monthly installment. Any installment 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 reduced outstending balance to determine the amaunt 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 defauft hereunder, all liabilities of each Maker to Bank shail thereupon or thereafter, at the option of Bank, without notice or demand, become due and payable: (a1 failure of any Obligor (which term shall mean and include each Maker, endorser, surety and guarantor of this note) to perform any provision of ihe mortgage securing the repayment hereof, to pay interest hereon when due, or to pay any other lia~ility whatsoever to Bank when due; (b) the death of any Obligor; (c? the filing of any petition unc(er the Sankruptcy Code, or any similar federal or state statute by or against any Obligor; (d) an application for the appointment of a receiver or the making of a general assignnment for the benefit of creditors by, or the insolvency of, any Obligor; (e) the entry of a judgment against any Obligor; (f) the issuing of any writ of attachment or writ of garnishment, or the filing of any lien, againsY any prop- ecty of any Obiigor; (g) the taking of possession of any substantia! part of the property of any Obligor at the instanoe of any governmenta! authority; (h) the dissoluiion, merger, consolidation or reorganization of any Obligor; or (i) the assignment by any Maker of any equity in the real property ~ecuring this loan without the written consent of Bank. In addition to the Mortgage securing this loan, the Maker hereby grants ta Bank a security interest in a!I prop- erty of each Obligor n~w or at any time he~eafter in the possession of Bank in any capacity whatsoever, including, but not limited to, any balance or share of any depasit, trust, or agent account, as security for the payment of this note, and a similar lien upon and security inierest in all such property of each Maker as security for the payment of all other liabilities of each Maker to Bank (including all 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 connectian with collection, trial, appeai or otherwise. Presentment, demand, protest, notice of dishonor, and exiension of time without notice are hereby waived by each and every Obligor. Maker acknowledges ~eceipt of a completed copy of this Note and mortgage on the above date. P. 0. Sox 372 ADDRESS SlGNATURE Ft, Pierce, F1 3~454 Florene Nbnroe Causey AODR@SS SIGNATURE 60M and unc~ar - nonbslloon 3•0464-OOd$ N 7/82 ~ ORIGINAL •~inlc Copy YELL.OW - Customer PINK • F{!~ , _ i _ , ~ ; _ . ..,~i i . ~ . ~ . -i':F r. Q. yit~~ . ~t . . . c~ ' _ " _ , . ; i: ''\'j~ r = E=~ i . _ ~l ~ i 4 . ~ 3 ~ . : , ~ S i~ ~f ~ - . - . `~~~s ~fy ~ # _ , , - t . _ : > t;. '_t ~ ~ ~ -l0523 t = } ~ 19 P3 :20 ~ ~ OGER p 1~:; ~ . . ~ ~ ~t ~crcrE~ccuN~~~~~~rs _-a,~.,,~,,.... 0 5 ? p~ ~t - . - - . s.~- - . I ~ ~ t ~