HomeMy WebLinkAbout0938 Uifid/iGC WNI VtS IGUU4CU q~~U UIG IIIIGIO~jI ~P~G Voan,~~aavaa ow.v w c.~.p....~. _
ot interest that is duQ.
Ii Bank deems itsel( insecure, or upon the happening of any ot the following evenl5, each oi which shall constitute a detaull
iiereunder, aN liabitities ot each Maker to Bank shall thereupon or therealter, at the option of Bank, without notice or demand, become
due and payable: (a) tailure ot any Obligor (which term 5hall mean and include each Maker, endorser, surety and guarantor of this
note) to perlorm any provision oi any security agreement or mongage securing the repayment hereof, to pay inlerest hereon when
due, or to pay any othe~ liability whatsoever to 8ank when due; (b) the death of any Obligor; (c) the filing of any petition under the
Bankruptcy Code, or any similar iederal or state statute by or against any Obligor; (d) an application tor the appointment of a receiver
ar the making oi a general assignment tor 1he be~etit ot creditors by, or the insolvency oi, any Obligor; (e) the entry oi a judgment
against any Obligor; (i) the issuing of any writ of attachment or writ ot garn+shment, or the tiling oi any lien, against any property of
any Obligor; (g) fhe taking oi possess+on of any substantial pari of the property ot any Obligor at the instance oi any governmental
authority; (h) the dissolulion, merger, consolidation or reorganization of any Obligor; or (i) the assignment by any Maker of any equity
in the real properly which is security tor this note, except as is permitted under the terms of the mo~tgage, without the prior written
consent of Bank.
In addition to the mortgage securing this loan, Maker hereby grants to E3ank a security interest in al! property of 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
~+eposit, trust, or :~qer~t account, as security (or the pay~nenf oi this note, ana a s~mi~ar lien upon and security interest in all such
property ot each Maker as security tor the paymer~t oi a11 otherliabilities of each Maker to Bank (including all liabilities ot each Maker).
The Obligors, jointly and severally, promise and agree to pay all costs and expenses oi colleciion and reasonabte attorneys'
iees, whether incurred in connection with collection, trial, appeal or otherwise.
' Presenfinent, demand. protes!, notice oi dishonor, and extension of time ~v+thoui nolice are herebv waived by each and every
Obligor.
Maker acknowledges receipt of a completed copy ot ihis note and martgage on the above date. ,
NOTICE TO COSIGNER: You are being asked to guarantee this debt. Think caretully betore you do. If the
borrower doesn't pay ihe debt, you will have to. Be sure you can afiord to pay it you have to and that you
want to accept Ihis responsibility.
You may have to pay up to the futl amount of the debt if the borrower does not pay. You may atso have to
pay tate (ees or collection costs, which increase ihis amount.
The Bank can collect this debt from you without tirst trying to caltect irom the borrower. The Bank can use the
same collection methods against you that can be used against the borrower, such as suing you, garnishing
your wages, eic. !1 this debt is ever in delault, that fact may become a part ot your credit record. '
This notice is not the contract that makes you liable for the debt.
1704 Coronado Ave
Fort Pierce, F1 34982 .
~ -
ADOR~~~4 Corona~?^ P_ve 51 ~TURE Rick G Fritschy
Ft Pierce, F1 34982
AODRESS SIGNATU E CynthYa A Fritschy
~ Doc Stamps in the Amt of 23,25 affixed to idtg
' S0M and under - nonballoon. /
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'87 [?CT 16 P 3 :40 ~ .
~'R 553 --1824
Ft~_ - goe~ Pa?~;
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ORIGINAI - Bar~~o~~-~~ • YELLOW • Customer PINK - File
s~ass-0oo-e a... ~,ea
; BCCK t~~l i'AI,E e7e.S~
SIMPLE INTEREST
PROMtSSORY NOTE
PROPERTY RELATED
$ I5,490.98 July 24 19 8?
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