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Home My WebLink About0988 wia.~ oqa..w~ ` - - ~ SIA~IPIE tNTEREST ~ PR0~I118801i'Y NOTE PROPERTY RELATED ~ s 10,799.56 July b ~g 87 i . ~ For value ~ceiv~ecl, fhe undersigned (whether one or mor~e hereina~ter calted "Maker"j, jointly and seve?ally~ P~ ~ Paf? to tt~e orde~ Sun Bank/Treasure Coast N~tional Asaociation ~y~. ~ tw~ oF e~n subsequent hotders of tt~is note~ are refemed to as "8ank'~ at iGa otflc;e et Ft . Pierce ~ the principal sum ot _ Ten thousand sevea hundred ninetr nine and 56 100------~~,~ ~sl , 9.56 ~ with interest trom the date hereof at the rate of 12 . SO o,r, per annum on ths luil amount of said prinapal sum remalnMg trom time to time unpaid, payabie in 120 monthiy instalime~ts of ~ 158.08 each on the Sth d~ of each sucxessive month commencing on August S , 19 87 . The Maker promises to pay late char~es not to exoeed 5% of the amount ol any payment or payments in detauft. ~ Ail payments made hereunder shaN De creciited tirsR b interest and lawtul dtarges th~n aocrued and the remainsr to prinCipal. ~ Maker has the right ta pnepay this nMe, in whols a tn part, without penalty at any time upon the peiyment of acaued and past due interesi and charges to date of prepaym~M plus a servke fee in the amount ot the lesser of 550.00 or 2 peroent o( the p~ipd - amount af this ban (Art?ount Finanoed). prov~ded, however. that any partial prepayment of principal shall be applied to !he 1nslallrneM or installrnents of prir?cipet last maturing he~eunder. . The emoants reterred to above have been oomputed upon the assumptbn that all installment payments will be made on tl~s respecUve scheduled due dates. Interest acxruea on the unpaid outstanding principal belaDCe. lf any instaflment is ~ot paid in h~ on the due date, Maker will be obligated to pay such add+tional amounts as may beoome payable by resson ot the oontirw~ aoaual d irnerest at the rate desipnated above. Any resula+q aharges acrxuMp on acoount ~t leilure ta make timmely payment on the due dated wiN ceuse irwxeases In sorne of the amounts designatad abav~e. My instatlment paymeni made prior to any due date or dstes. or an~t j,xepayment, may cause decreases in some of the arr~ouMa deaignated above tor the reason that the unpaid autstar~p pincipa! balance witl be reduoed arxi the interest rate des~gneted above is ep~3iied to such reduoed outstanding balance to determine the artw~uM ot interest that is due. If Bank deems itSeN inseCUre, Or upon ~he happening of any ot the ldiowirq eveMs. each 01 whid~ shall Constitute e del~t hereunder, all liabilities of each Maker W Bank shell thereupon or thereafter, et the option of Bank, without notice or demarM, beoom9 due and payable: (a~ teilure of any Obligor (which term shaH mean and include each Maker, endorse~ Surety snd guaraMOr d thi~ note) to pe~tarm any pnov~sion ot any securiry agr~eemeM o? martgege securing ths repaymeM hereof, to pay irtteres! herean when due, a to pay any other IiabiGy wha~suever to eank v+rt~en due; (b) the death of any Obligcx: (c) the fiGng ot any petiGon u~der the Bankruptcy Code, or any similar federal or state statute by or against any OMigar; (d) an apptication for the appo~ntment of a receiver or the making of a general assignment for the benei'it af creditars by, or the insolvency ot, any OWigor; (e) the entry ot a judgment againsi any Obtigcx; the issu+ng of arty wrii of attachment or writ of garnishment, or the filing of any tien, against any propeRy d: any Obligor; (g) the taking ot possession oi any substantial paA of the property of any Obtigor at the instance oi any governmental authoriry; (h) the dissoluC~on, merger, Consolidation or reorganization of a~y Obligor; or (i) the asaig~xnsrnt by any Maker of any equity in ihe real property which is secunty for this note, except as is permitted under the te?ms of Ihg mortgage, without the priot written consent ot Bank. ~ In addition to the mortgage s8curing this loan, Maker hereby grants to Bank a security interest in all property of Maker nOw ot ; at any time hereafter in the possession ot Bank in any capecity whatsoever, including but not lire?ited to, any balance a share ot arry ) deposit, trust, or agent acxouni, as security far the payment of this note, and a similar lisn upon and securiry interest in all suctt F property ot each M~ker as security for the peyment of aIl other liabilities of each Maker to Bank (including all liabilities of each Maker). ~ 7he ~bligors, jointty and severaly, promise and agree to pa~r a11 costs and expenses of collection and reasonabte attorneys' ~ ises, whether incuned in oonnection with collection, trial, appeal or otherwise. Presentment, demand, protest, ratice of d+shanor, and extension of time without notice are hereby waived by eech and every ~ ~ Maker acknowledges receipt of a oompleted copy o1 this note and mortgage on the above date. ~ NOTICE TO COSiGNER: You are beir~g asked to guarantee this debR. Think cerefuly betore you t1o_ If the borrower doesn't pay M8 debl, you will have to. 8e sute you can aftord to pay H you have to and that you want to acc~pt this responsibility. You may have to pay up to the full amount ot the debt it the borrov+rer does not pay. You may e~so have to pay lale fees or Collsction oosts. wti~ch increase this amount. - The Bank Can oollect this debt /rom you without first trying to ootlect from the borrower. The BBnk can use the same cotlectian methods against you that csn be used against the borrower, such as suing you, gamishing your wages, etc. If this debt is ever in detauh, that fact may become a part oi }~our credit record. ~ This notice is not the contract that makes you tiable for the debt. , 2012 Golfview Court ~ . ,~j « ~ ,~l ADDRESS ~ ~"SIGNATURE June C. Barber Ft. Pierce, Fla. 34950 i ADDRESS SIGNATURE - Doc. Stamps in the amount of ~16.20 affixed to mortgage. 50M and under - nonbalbon. ~0,~99''b 8 683~7 In Paym~^~ ~f Taxes C ~ Received S? ~ Ne P•,~SO~nI Pr^Perly. ~87 1? P 3•.7J , : I , . , i Duc On Class ~ C Pu~suant 1o Ch~P'~~ 73, 13~~ C{ ~9i1. 'x'"'- F IL r : • - DOUr~,. A~. i. Fla. . . ~i~~k c~«„~, co~~~, sr. t~~~~, • DOUGt_ i, .~_i<K, ST. L~CIE . 0 R~~~ PAGf 9~t ~ . 900K ORKiiNAI • Bank Copy YELLO'W - CuStomet PINK . K---_'~.yl`?"f' -~v!~~t w _ - -