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Home My WebLink About0995 THIS IS A HALLOON i~QR'1'GAGB . t ~ . j ~ i . a f; ' • ' . ( . ~ l ~ ~~,-.j~r`. , , ~ 81MP1.E ~ITEREST ~ , ' ~ . ~ . PROM1880RY NOTE Y ~ r ` ; ; i`~. - <`a~ 83,000.00 ' _ . ~ , . . ~ '~r•~ f ~ ~ : ~ w M . . . , _ .c~ For value rec , the undereigned ~whethe~ one or more he~einaftsr called "Malcer`I, promts'is,. , p~~o`t~M ~ of, Sua Ban~eaeure Coaet, ational .As~ociation .„~W~ _ > ° (NAME QF BANK) r , r~ ,.ti~ ~ . ~ subaequent holde Qf this tq, ar refeR to e" at its office at Ft. $ia~c~;~ F~~~'~`'~ pri~cipal sum of ~i8hty-~iree ~houean~ anc~ n~~~~0. Dollars. 10 :~-vt_ Wiith" 'interest from the`date hereaf at the rate of 96 per annum on the futt emau iof~a id prindpal suin ro-`-- meining from time ta time unpeid, peyabie _ monthly installments of ~91•92 eechion tha 2nd• dey of each succe"ssive month commencine on Oct. 2 , ~g 7~, tp~~ w}q~ one payment in ihe amount of $ 59.671 t19 due on .~p~ • 2.._ , 1 Q~~ protiided;, , however, that the final payment of the enti~e indebtedness evidenced hereby, if not sooner. paJd~, shatl be dye and payabls ~ ~ Sevt. 2 , 18_24_. Maker promises to pay tate charges not to exceed 696.of.the $mouM . of any payme~i or payments in defeult. . ~ • ' Ail pay~ents made hereunder shall be credlted fi?st to interest and lawful charges then accrued end the remainder','~;. to principal. aker has the right to prepay this not~, in whole o~ in part, without penalty at any time upon the payment'~.:~~ of accrued and pagt due interest and cha~ges to date of p~epayment plus a service fee in the amount of the tesser of a . . S 50.00 or 2 percent of the principai amount of this loan (Amount Financed), provided, however, thet any partial prepay- ~ ment of principal shalt be appiied to the instattment or insteliments of principal last m~turln~ hereunder. ~ ? : The amounts referred ta above have been computed upon the assumption that all installment payments wiil be i;' made on the respective scheduled due dates. The interest is imposed on the unpaid outstanding principal belence. If : any installment is not paid in full on the due date, Make~ will be obligeted to pay such additionet amounts as may become payable by ~eason of the continuing eccrual of interest at the rate designated abova Any ~esulting charges eccruing on account of failure to make timely payment on the due detes may cause increases in some of the emounts designated ~ above. Any instattment made prio~ to any due date or dates, or any prepayment, will cause decreases in some of the amounis desighated above for the reason thet the unpaid outstending principai balance will be reduced and the interest - rate designated above is applied to such reduced outstanding balance to determine the amou~~of interest that is due. ~ If the Ba~k deems itself insecur~, or upon the happening of any of the following events, each of which shaU con- •'stitute a default hereunder, ali liabitities of each Make~ to Bank shall thereupon or thereafter, at the option of Bank, . wtthout notice o~ demand, become due and payable: (a) failure of any Obligor (which te~m shall mean and include each Maker, endorser, surety and guarantor of this note) to perform any provision of any secu~ity ag~eement securing the - ~ repayment hereof, to pay interest hereon when due, o~ to pay any other liability whatsoeve~ to Bank when due; (b) the : death of any Obligor; (c1 the filing of any petition under the Bankruptcy Code, or any similar federal or state statute ~ by or against any Obligo~; tdl an appfication for the ~ppointment of a receiver or the making of a general assignment for the benefit af creditors by, or the insolvency of, any Obligor, (e) the entry of a judgment against any Obtigor, (f) ~ the issuing of any writ of attechment or writ of garnishment, or the filing of any lien, against arry property of e~y Obligor; ~i = (g) the taking of possession of any substantial part of ths property of any Obligor at the instance of any governmental auihority; (h) the dissolution, merger, consolidation or reorganization of any Obligor; or (i) the assignment by any Makes of any equity in any Collateral secu~ing this loan without the written consent of Bank. . In addition to a~y other collateral securing this loan, if eny, Maker hereby grants to Bank a security inte~est in all ~ property of each Maker now 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, o~ agent account, es security for the payment of this note, and a similar lien upon and secu~ity interest in all such property of each Maker as security for the payment of all othe~ liabilities of each Maker to Bank (including all liabilities of each Maker). ; ! The Obtigo~s, jointly and severally, promise anci a~ree to pay all costs and expenses of collection and reasonable ~ attorneys' fees, whether incurred in cannection with collection, trial, appeal or otherwisa ' Presentment, demand, protest, notice of dishonor, and extension of time without notice a~e hereby waived by each and every Obligor. Make~ acknowledges receipt of a completed copy o this nate and security agreement, if applicabl~ on the above data t NOTICE TO COSIGNER: You are being asked to guarantee this dabt. Think carafully betore you da If the borrower doesn't pay 't the debt, you will have ta Be sure you can afford to pay if you have ta a~d that you want to accept this responsibility. ~ You may have to pay up to the tull amount of the debt if the borrower does not pay. You may also have to pay late iees or ~ collecti~n costs, which increase this amount. • ~ The Bank can collect this debt from you without first trying to collect irom the borrowar. The Bank can use the seme col{ection - methods against you that can be used against the borrower, such es suing you, garnishing your w;ages, etc. If this debt is ever in defauh, that fact may become a part of your credit record. . ~ This ~otice is not the contract that makes you liable for the debt. 100 South 2nd. Street ~oon¢ss si~ o ~ • } Ft. Pierce, F1. 34950 AODAESS SIG A URE C 8E' YOWLt SIGNATURE Edwar T. Daniels 3-0463-000-8 (Rsv. 11881 Doc stamps in the amount of $124 . 50 ~~~~d ~ak ~°aP~tgagew " ~st er PINK - FiN _ -M+l+~ ~-.~;j;. ~~l • _ ' - f~f. , ` , Y j.' . ' .i: ~ ' .i• !i~ . ~ - . "r~}?, . , I ~ ~ . ~ . _ . . ..t~,~;~ . . f '`:fii:Sy. . •;t y~~~ . ;t - ~ 89~1( P,A[~E ~.sy~ :~i' . s: - - . _ ~ ~