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SIMPLE INTERE8T .
• PROMiSAOli1l NOTE
PROPERTY RELATED
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Fo~r velue rooelved~ the ~(whether one or more hereinafter calie~d Maker")~ Ioi~t1Y and se~reraily, Pnxnises b PaY 3
~p ~ q~ Sun Bank/TreasLre C~a~ Natio~ ABSnciation • (which. togetl~er with ;
~ (N~ OF a~wq .
aubeequeM hold~s ot d~s note. are teierted t0 as "8ank"~ at its olflce at ~ i~t. ~ p,~~r~e Flor{da,
~ pr~~py q~ p~ ~avp~ thoueand twenty esven and 69 /100------------- o_ pa~ ~s~~ 027 _ 69 )
wilh iMw+eet trom the de~te hereof at ihe rate of 12,50 9~ per eu~~-~~~ ~ ~M tull amouM of eald prindpal sum remaink~p hom
~rr~e ~o t~ne unpe~a, Rsyaae M i2o mon~,~y inaanments ot s i~i . u2 eacn on u~e Sth ~,y ;
a ead? ~o~a~e month oommer~~g on Au¢ust 5 , 1g_._$.L. The Maker promtaes to pay tate cherges !
not to e~aceed 594 oi the arnouM oi eny payment or peyments in default. ~
All payments made hereundet shaH be credited Brst to interast end lawful. charges ihen accrued and the remainer to prindpal.
Malter has the right b prepey tl~is nate. in whoie or 1~ part~ without penaRy at any Hme upon the paymeM Of aocrued and past due -
k~terest and chargss to date ot prepayrr~ent pius a service fee in the amouM of the lesser of S50•00 or 2 petceM ot the P~irx~et
amouM oi tl~b ban (AmouM Flnanced), provkled. however, that any partial prepayment ot prindpal shall be appiled to the insiellmeM
or inatellment3 ot prNncipal la~t mstu~tng t?at~euridet
Tt,e amounts rererred ro a~bov~e nave been compuced upon tne assump~ion that a~~ tnsta~~ment payments wil~ ae maae on the .
r~especlhre sc~eduled due dlates. Intereat ~ues on the u~paid outstanding p~i~x~paf balarx:e. It any (nstaltment is not paid in fuil on
the due dete, Nleker wNl be obligated to pay such additt~onal amounts ae maY becane PeYebie bY reason of the continuing aaxuat of
k~terest at tl~e rate designated abov~e. My resu~ing charges a~xxeiing on acocuM ot iafiure to make Umely payment on the due dates ~
vriif cauee kxxeases in sana o! the amounts desiynated above. My inataliment payrnent made prior to any due date or dates~ or any
P~81Y~. ~Y cause decxeases tn some of the amouMs designated above for the reason that the unpeid oUtstandin9 P~~P~
be~erwe wiN be reck~ced end the interest rete de~nated above is appiied to such reduoed outstanding balerx;e to determine the amouM
oi iMe~st thet is dt~e.
N Bank deema itself i~ecure. or upon the happening of any of the tdiowing events. each M which sha11 oonstitute a deiauR
hereunder~ all IiaM~des of each Maker to Bank shall thereupon or tl~ereafter. at ifie aption of Bank, withart notloe or demarxi, becorr~e
clue and payable: (a) taiture oi any Obiigor (which tertn shal! mean ar~d !ncl~de each Meker. endorser. surery and $uarantor ot this
note) ta perform arry pnnv3sion of arry security egreement w mortgage secu~ing the r~ayment hereof, to pay interest hereon when
due. or to pay any other liabiiity whatsoever to Bank when due~ (b) tl~e death oi any Obligor (c) the filtng of arry petiNon under the
code. or etny sknilar federal or slate statute by or against anJl OAligor; (d) en applkatbn tor the appointment oi e racehrer
or
the~ Ot 8 generel essig~ment for the beneM of creditors by~ Or the inSONenCy oi~ any Obligor (e) the entry of 8 judgment ~
. ~ sgah~at +er~Y Obhgor: (Q the fsaufng of any writ ot attachment or writ of gamishment. or the:~iNng of erry Hen~ a9ainst eny property of
~Y (9) the taicing oi poss~~ u~ any substentiai part ot the ~x~operty ot ar+y Obtigor at the instar~ce of arry goverrimenta! :
autlwtit~?: (h) the dissoludon~ merger. consotidation or reorganizaNan ot erry Obligor: or (1) the asslgnmant by any Maker ot any eguity '
in the real pnoperty whicf~ ~ security for this note, exoept es is pertnitted under the tertns of the mortgage. without the prior written
oonaeM o~ Benft. , , . . . . , ,,r~ ~ . . : . . , ,
in sddilio~ to the mortgage secu~ing this loan~ Meker hereby grants to Bank a security irtterest in aft property of Mekernow or ~
at eny tkra hereaRer in the possession of Bank in any cepac~ry whatsoe~ve?, Induding !wt not Hmited to, any balar~ce or share oi any
deposit. trusl, or agent account, as security tor the paymeM of this note, and a similar lien upon and security interest in all such
prvperty of each Maker as security tor the peyment of all other liabilities of each MBker ta Bank (induding all IiabiliUes of each MAker). -
'TF~e ObNgors. lointh? and severally, Prantse and egree to pay aN oosta end expenaes of ooltecdon arxi r+aasonable attorneys' ;
tees. whether incumed M c~onnect+ort vrith oolle~ction, Mal, e~ppe~l or otherwlse. 4
• FresentrneM. demand. Protest, notlce of dtsFxxtor~ and extensbn ot tlme witt~out notke are hereby waived by each arxf every ~
~ '
Maker acknawlecaes c~eoeipt of a oompteted oopy ot this note end mortgage on ihe above date.
NOTICE 70 COSK3NER: 1bu are belrq aaked to guaraMea thls debt. Thlnk cerefufty before you do. Ii the
~ b~ort~ower doesn't pey the debt, You wiN have to. Be sure you can e~ard to pay if yott hev~e to and that you
waM b av~ thia reapo~aWiNty.
Y~ou mey have to pay up to the tu11 amouM of the deM H the borrower does not pay. You may also have to ~
pay late fees or cdlection oasts, whfch irxxease this amount.
.
The Bank can collect this debt from you witNout Nrst ttyfn~ to cdlect from the borrower. The Bank can use the
same oollectbn methods against you that can be used against the borrower, such as_ suing you, gamishing
your wages, etc. H th(s debt is ever in deteuR. that fact mey beoorne a part of oy_ur_ credi! record.
Tt~is notloe b not i~he oonttact that makes y0u ifaWe fOr the debt.
z 2413 South U. S. ~1 ~
j ADDRE3~ SIQNATURE Lisa ~i. Lueg
, - .
; _ Ft. Pierce, Fla. 34950
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ADDRE3S SI~NATURE ~
Doc. Stampa in the amount of ;16.65 affixed to nrortgage.
60~" ~ irdef -"0"~10°". '81 JUI. 17 P 3:55~,,p
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