HomeMy WebLinkAbout0932 ~ . . ~ . . ~ NOTE .
~ _ D(~iIBIT "A"
.........S.~tgx~mk~x...l.R 19...87... .......~k~x~ .....~~Rx~d,a.. .
t~+al lsaeej..
3074..5.~ 8.,, Bur„ Street.~...Por~...S4.:...Lucis ?...Flo?~~:~a...~~9$~..............................................
(~,op~rq, Adonss)
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' l. BORROVVER'S PROMISE TO PAY
" In return for a loan thet 1 have reccived, I promise to p~y U.S. 5.....7.~,?,~4Q..4S? (this amount is cslled
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!"principai")~ pfus interat~ to the order otth~ Lendtr The I,ender ~
` ............~?~~t~7~..!~~~,At'1TICe.:~4R7~.Cr.~l~k...S~.Q.R~Q~1~~Q~I I undentand
. . that the Lender may transfer this Note. The Lender or anyone who takes this Note by tru~sfer and who ia entitled to
receive payments under this Note is callod the "Note Holder."
; 2. IIVTEREST
' Interest will be chargod on unpaid principal unti! the full smount of principal has ban paid. I will pay interest st a
~ yearly rate of .......~4.,.~0.....,...9'0.
The interest rate requircd by this Section 2 is ihe rate I will psy both before and after any default describod in
: Sectior~ 6(H) of ehis Note.
' 3. PAYMENTS
~ ~ (A) Time and Pla~ o! Paya~ents
I will pay principal and interest by making paymrnts every month.
: I wiil make my monthly payme~ts on the day of rach month beginning on NQ.Y.~1abRX
19. 87..... I will make thae pAyments every month until I hsve piid aU of the pri~cipal and inte~at and any otber charges
described belaw that I msy owe under this Note. My montWy payments wiU be applied to interest before principal. If~ on
..........Q~~.pk~x...~ ..Z9~7....,1 stiQ owe amounts under this Note, I a?ill pay those amounts in full on that datE,
, which is callod the "maturity date." •
t wil! make my monthly payments at ...1~~ 1,~„N,,,,Kg~d~~~.,, D~Ci~,v„e,~,,,~S,u~~e„124,~„ M~~{n~ ~,,,Fl,o~ida
~$.3 or at a diBerent place if raquired by the Note Holder.
(B) Amount ot Monthly Psyments
My monthly payment will be in the amount olU.S. 5.....649~5.9
4. BORROVti'ER'S RIGHT TO PREPAY
1 have the right to ri~?ake pay ments ot principal at any time befora they are due. A payment of principal onl~ is
; known as a"prepaymerit." When 1 make a ptepaymrnt~ I will tell tht Note Holder in writing that 1 am doing so.
1 may make a full prepayment or partia! prepayments without paying any prepayment charge. 'fhe Note Holder
will use all ot m~ prepay ment~ to roduce the amount of principal that I owe undet this Note. 1 make a partial
prepayment. there will be no changes in tho due date or in the amount of my monthly payment unlas the Note Holder
: agrees in writing co those changes.
S. LOAN CHARGFS -
lf a law. which applies to this loan and which sets maximum loan charga~ is finally interpreted so that the interest
or o~her loan charges collected or to be collected in connxtion with this loan eacad the permitted limits. then: (i) any
such loan charge shall be roduced by the amount neasssry to reduce the chsrge to the permitted limit; and (a) any sums
~ already collected from mt which exceedod pennitted limits aill be refunded to me. The Note Holder may choose to make
w un er thia Note or b mskin a diroct ment to me. If a refund reduces
this refund b rcducin the rinci al l o e d y 8 PaY
Y 8 P P .
: principai. the reduction will be treated as a partial propeymant.
6. HORROWER'S FAILURE TO PAY AS REQUIRED
tA) ~ Lste Cbarge tor O~erdue Paymeats
If the Note Holder tias not rcceived the fuU amount of any monthly payment by the end of .....~5 calendar ~
days aRer the date it is due. I will pay a late charge to the Note Holder. The amount of the charge will be ......5.......9~0 of my
~ overdue psyment of principal and interat. I will pay this late charge promptly but only ona on each late payment.
• (8) De(eult
If I do not pay the full amount of each monthly psymrnt on the date it is due, I w?ill be in default.
(C~ Notlce ot IkfaWt
' If I am in defsult, the Note Holder may send me a written notice teiling me that it I do not pay the overdue amount
~ by s certain dete, the Note Holder may require me to pay immQdistety tbe fuU amount of principal which has not bern paid
: and aU the interast thst I owe on that amount. That date must be st kast 34~dsys alter the date on which the notice is
; d=livered or mailed to me.
(D) No Waiter Hy Note Holder
Even if, at a time when I sm in defauit~ the Note Holder does not require me to pay immediatety in full as describ~d
` above, the Note Hoider will still have the right to do so iti am in detauit at a later time.
tE) P.ayment ot Note Hotder't C~ts and Facpee~es
If the Note Holder has roquired me io psy immediately in luli ss daaribed abovc~ the Note Holder will have the
right to be paid back by mt for all of its costs end exprnaes in enforcing this Note to tht extent not prohibited by applicable
law•. Those eapensa include~ for example, reasonable attorneys' fas.
7. GIVING OF NOTICES
Uniess applicabie law requires a diQermt m~~hod. any notiee ttu~t mast be givs~ to me undtr this Note will be giver~
~ by delivering it or by mailing it by 6rst clau mail to me at the Property Addras above ar at a diBerent address if I give the
Note Hotder s notice of my different addras. i
Any notia that must be given to the Note Ho{dcr under this Note will b~ given by mailing it by drst clsss mail to tbe
Note Hoider at the address stated i~ Soction 3(A) above or at a diBerent sddras it t un ~iven a notice oi that differmt
. addras. ' s00K ~V~ PACE it7z
MULTiSTATE FIXED RATE NOTE-SinQk Fsmily-FNMA/FHIMC UNIFORM INSTRUMENT ionn 3200 1Z/83
~ ~oflK ~r,' PACE 93~.
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