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HomeMy WebLinkAbout0409 r ~:~-i '-z. ~ . ~ •'i . . ' . , . Rlv~r~id~ N~lion~l ~~nk Not~ Numb~r ~ •~a+ ~ ~ ~ ON THIS t)AY OF JAIVUARY 19 90 FOR VALUE RECEIVEO. THE UNOEN810NED ' Mr~inaha C~II~d ' M~k~r" w~thout r~p~rd to numb~t w p~r~. ~d~tl~r ~nd NWr~IMy PROMISE TO PAY TO TME ORDE11 OF ; RIVERSIOE NATIONAI BANK OF FIORtDA Z211 Ok~~c~oDs~ Rd. Ft. W~rc~, FL. 3~150 Mr~in~hK t~llb "9~nk . , TNEPHIMCIPALSUM OF SIXTY ONE THOUSAND 6 NO/100 i ootuns % In monthly intereat only payments beginning February 1. 1990 With final payment ~ PAYABIE of principal and accrued interest due January 1. 1991. _ , ~ tnt~r~sl th~r~on Mall ~ccru~ trom th~ d~t~ of fundinp. comput~d o~ tM ba~~~ ol a 366 d~y y~~r. •t tM ANNUAL ~ElICENTA(3E RATEOF TWELVE PERCENT 12.OOx ~ INTERESTSHAllBEPAYABLE Monthly beginning February 1, 1990 _ Alf psym~nts sh~ll D~ ~ppli~d finl to ~ccru~d int~n~t ~nd thsn to p~incipal. Int~nst will ~ccru~ ~t tM r~t~ oi 1/3~6M ot ~~nuN int~r~~t for ~~ch day th~t princip~l is out~t~ndin~. but in no ~wnt ~h~ll int~r~st b~ du~ ~t ~ nt~ in ~xc~q of tM l+ipf?~st I~w1u1 nt~. Wit~out limiting th• g~n~rafity of th~ Io~panQ. ~nd nothwith~t~ndin~ ~n~ or~l or writt~n ~prNm~nt. no dposit ot /und~ tMll D~ rpuir«! in connsct~on with this lo~n in ~n ~mount whith will, wMn d~duct~d hom tM principal ~mount outst~ndinp MnundK. CauN tM r~t~ ol ~nt~rsst Mnund~r to ~xcNd th~ m~ximum I~wful r~t~. If any psymant is not msd• in full wh~~ du~. tA~ ~ntir~ unp~id print~pal ~nd •ccru~d mt~r~~t. I~ss ~ny un~~rrwd intK~~t ~nd •ny intsrest ~n excess ot ih~ m~ximum ~Ilow~d by I~w ~nd ~ny r~t~s ?puir by I~w. shatl ~t th~ optio~ of tM hobd~r b~eom~ imm~d~at~ly due end paysDts without noucs. F~ilun to ~~c~rciN tM option sh~ll not on~titut~ • w~~ve? ot tM subwqu~nt ripht to ~xKCis~ •uch opt~on AFTER MATURITY. INTEREST SHALI ACCRUE ON THE DEIIN UENT PFiINCIPAI BALANCE AT THE HIGHEST LAWFUL RATE OF INTEREST OR. IF NO MAXIMUM RATE IS PRESCRIBED BY LAW. AT 18% PER ANNUM. . As sscunty tor th~ paym~nt of tMa not~..~nd any nr»wN~ ~~ct~~sions modific~twn~ tMnof, a~d any oth~r liabiliti~~ of tM Mek~r to th~ 8snk, how~v~r or wMnswr cnatsd. M~kK Mhby nu to tM ~nk ~ s~curity int~nst in: ? MORTGAGE DATED JANUARY 1990 ENC ING HE FOLLOWING DESCRIBED PROPERTY: Lot 16, Block 149, LAKEWOOD PARK U ELEVEN, ac rding to tha Plat thereof, se recorded in Plat Book 11, page 3, of the Public ecords of St. Lucie County, Florida. ~ WVM~M• a r+ot sp~uhc n~~o+n~ a Mu.~MA ~bow ~s ~dd~~wnN Nc 1 tM p~YmsM ol th~~ Not my r~n~wrh •a~~na+ons a mod~fK~twn~ Mw~M ~~0 ~n~ oNw IuO~MU~s ol M~ta to 8~nt l+ow~v~r d wM~wN tr~~t~d. M~Y~t AN~ to S~ ~n~ ~nd ~u p R~r O~ M~?N nOMr W MfN~IM ~MYM~A 10 W M~1 M~ O~ tO1~IM1~ ! ~nto ~M poss~ssan cw+ho~ a cwfodr o~ su+k wMtMr ~.a~~~l~ coN~ ~scuntr a ta ~nr otM~ pu • ~~rNudrp ua~. ~IOCk «d ethN OmdMda. ~nd M~p~NS 1! ~ Mrb~cr~ br s~cw~t~s w~ed~ns ~o d~c~a.~d a p~N+uA ~n ca+n~uan wnM propat~l. N+d O~ooM~ ~b~d ~n eoM~q.N rw~t~ « NNM OoaNM~w MNrM fwerM»d M tM Mak«. a~d MY ~ NI +~W~c~~nb ot ~np o1 tM fapoieg. a nsf 1n tly W~a~k AM weh O?o~l? Mid MM ~IAM P~~~ M~MIM ~ M~k~i ~ h~b1A~H to tM S~nk wdl M~~~ha b~ r~f~nW fo n'tM CoM~«N ° MN M~MO pNdp~d • untr 1a ~M o1AM 1i~UM 1p~M~. MOOMM~r. rrCf. conm+p~nc wN ~am a s~w.N1. W» a ro wcona dw a w~wch msr ~ MrNfi~r hKi~d M~epWr~d p) ~~t~ MN« I~nelueMnq wtA M~t~r ~nd Mhl e1Mr pMSOn) N ~ SN+t wMtMr fuch h1Dd~t~sf ~nf~ ~n IM pd~nary COWf~ OI ~ or npt Rph1 n hN~by ~¦p~~~s1y p~~MW to tM e~M ~t iH ootqn lo ninsl« ~t M~r tNM le kNM a~o ~~1 rb rqm~nN ~ny Co11~t~+N ~nA to r~c~rw tM u+eom~ IM wn ~iW •~n» ~s Ncunty Mr~la a~pp1~r ~t a+ ~n~ pnnupal a u+ar~st dw 1+K~on a dw on ~nY li~b*tY Mcw~d h~r~by TM Sank mar con~mu~ ~o noW ~ny pqd pop~rtr t~d hwwndM ~ha ~M wrm~nt ol ~n~s not• ~i ~t tM dn» ol tM p~~+t ~~d asdwp~ . 1~w~ ~ny of tM pan~~s N~bN /a tM parmMt Mrw~ sl»1 b~ tM~ d~r~ct1 conunp~ntly I~~bM fo tM S~nt as m~?~r ~nCorwr. wr~~r or pu~~N+ta d a+q ot1»r noa. d~h. bn ol ~acnanp~ a othN mstrumN+t. or o~Mrvv~s~ • tM S~nk m~y t nh~r ~urc~ ~M npAU wul+ nspsc~ tn sud plWp~d pop~rt? pnntW hKMn ~v~n lhouph M~s nws sM~1 Mw bNn wrr~~d~r~d ro ~n~ M~k~r ~ h a ~amhr ~nd sw~nlty cov~n~n~~a ~nd ~p~~~d w~tn ~M s k ~y ~~cA M kir. ~ndo~s~r. ~u~~t~ puu~nta ~rW o~ASr party to tMS not~ (~N ol whoen sh MrNtNhN b~ bMnfy t~N~A OD1~pa w Obl~qwsl tn~t ~ 1 AdO~twns to r~Nas~s ~~ductanf a e¦ch~ny~~ of or ~uDsutu~ s for M Co11~f1r~1. p~yrMnb on ~Ctount O~ Ih~s b~n o~ K+Ct~~Mf 01 Ih~ MnN. M O~Mt Ip~M mld~ ptni~lN a wAoHy upon tM CoN~ta~l. m~y Irom t~m~ ro t~mt W m• ~nou~ ~M~ce~np tM prov~sans ot ~h~s no~~ or cM ~~~bd~t»s of ~ny party MrNO S~ ~P+aM ~r~rus~ r~~son~bl~ ca~ M tM wstodr ~nd p ~non ol ~M CWiaa~1 ~nd M~N p~ dNm~d ~o hsw ~¦~ras~G r~~spn~Dl~ t~r~ il rt l~lN MlCA KtqR IOf IIM~ pWpOM N MKM ~ ahaM r~aton~bh rpu~st m wn~~ nron ro comply anih ~ny rpwtl ot MlkN iMfl O~ ~1M11 p~ dN~Md ~ l~du~~ t0 ~R~rC~N rN/W~~bl~ CN~ 1KrlhOYt knNtiep tM ' Q~ew.~Mryr of ~M fapanp. ~M l! k sh~N no r~spons~Dd~ty la ~~cKt~~ns+p u+y matuntNS. t~IN conv~rsrons. aachanp~s. oM~~. t«+dM~ oe wrniyr en~tt~n r~ti~p ~o ~ ~ny of ti» Coltaunl na lor m ~np :M unMrs~p~~d v~n~n rqp~ct to ~ny tAK~ol l~nt s1+su not D~ Dour+d ro u?~ ~ny n~DS n~c~ss~ry ro p?~n~ ~np nphb m tM ~ pIWQW pop~rty sQMnst pna aa ~f ~n0 M~t~r ~n~u t~b a11 n~c~uanr ~t~pa la wcA pu~poNS e~nk or ~ts nom~na~ Mrd na colNet ~r?tKwt oa a prrtt~pM af ~ny ~ pl~tlp~d propMt~r d p~w ~ey not~c anM nfp~cl to ~t ~ 2 Upon tM A~pp~mnp ol ~ny of ~M Ibw~np w~n1• •~c~ II wA~cA M~N wr+~UtuN ~ Mhvll harwndN a d IM Co~l~~«~I ~e ~1 ~np t~ O~oom~ u~Mlhf~ctory 10 ~ a d~u+~. shsM n~+w ~~n» dN ~uNl ~ns~eur~. ~a b,bt,~s ot Me1+ MN~r to ~~nk. wMtM~ w ea~ ~v~Mne~d br tM~ ewN. NNN tAN~upen a tM~NMr. ~1 tM optwn M Sa+t. w+tl+ou~ naK~ a d~m~nd on» Aw • wr~ I~~h,n ol ~Mr OWpw to p~1am ~ny ~prNmM~ nM~un~r w to p~y M 1uM. wrMi+ dw. ~n1r I~aWi1y €i wh~t~O~v~~ to e~nk p~rty ~n~tNtm~m ~Mr or ~~~~r IMr~pn. (0) tM dsitA pl ~ny Oplpp. (tl IM I~I~~q of ~ny p~tAqn u~r tM d~nkrvptt~r ACt. Oo ~rnr Mnu1N •~N r a a~t~ su~ut• bn a p~~ns~ Oet.po~ fd! • •uuon 1w tM sppo~neMnt o~ ~ r~e~n~. fa IM m~k~nq ol ~ p~r~~l asspnm~nt fp tM ~e»M of crbAp~f pr p th~ ~ ~n~olwercy ol e~w ObMpa. IN ~M ~mry ol ~~udp~+»m ~p~~~p ~ny Obhpp. (fl tM n~ur+p ol ~tt~e1+n+~e+~s a purnfAnN~t a ~M hhnp o1 ~ Mn. pMnst an~r proe~rty d ~ ^ ~~+r OW~pw. Ipl r~ ~N~nq o/ voss~swon o~ ~nr wbuN+UN Dkt d tM prop~rt~r o1 ~np OW~Ow ~1 tM +nsune~ ol ~nr pov~enn»e+ul ~uthaAV. Ihl M+~ d~~olvfan. e~+~pa. m ca+fold~~w~+ a~~wp~m+~~~on ol ~n~ Oet.po. 1~1 ths d~t~.mw+~tan b~r ~If1k fMl ~ T~t~tNl ~Q~rNM CAM~ A~f OCCY~tb ~n tM M+N+c~al ep+d~tan of ~ pW~pa k•wn tM r eo.,W~roas 1orM+ ~n ~M mosr r~e~n? I~r.~nu~1 s~n~~nt ol we~ ObbOor haNOla~ furmaMd ~o SsM w l~om tM eond~aoe+ of wM ODbpw ~s hK~tola~ ~nos~ me~e+~hr ~ ~ aseto.+e ro e~~ ~n ~n~ ~~r+,~~. M 1l+~1 ~ny wM~~ty. ~~p~lMtHaf~. CM~fiC~N M~I~1~fnMt 01 ~e+~ ODIpW IwM1NN COnt~~MO m tMf ~Ot~ W ~O/I pNt~~nO 10 M M conr»cna+ „nrn tnh ~oa a tM b~~ ~v~nc~d br ~n~~ noa n no~ ~.w. 1~1 ~rqn~+«+1 bp ~ny M~k« 01 ~n~ wu~~r M+ ~nr ol N~s pMdp~O CaN~~«N wnAout tM wnn~n e ean~m ot l~n~. Irl Ir~w~ ~o do ~n ~?uny~ rne~~Y ~o p~rv~ ~nd mamun H» v~~w ~ne eWNeobary of tM CoNaarN. meludM+o. but ew~ ~1sd ~ ea ~M wr~~+ ol u¦N ~~0 a~n+wm~ on ooiK~ d~u?a,e~ on tM Ow dra wnl+ow wn~h~ e~ H» pr~e~ oMae ~ N • , - c i ~Y sr. ~ 1 ' -~'u ~r ~ THE PROVISIONS ON THE REVEfiSE SIDE ARE A PART OF THIS NOTE. 4` ~s ~ ' • ~ .i',* . v. ~ ~,+~,+f'T4ia~'~~ t~• ~ • ~ ',J' , ~ Fy:r~,h:. ~ ''~0 JAN 22 P : ~ i_ ? , ` ¢ Addn~~ j O ~ O ~ 6 ~ (SEAL~ ; Y ~Il: r`. sae . te ~ ~ , ~ ~ , ~ • ° , ~ v ISEALI ~ a ce te i ~ . . , , , . i ~ . ~M~ o~~~~ ~ 6~K 674 PAGE 409 £ _ k ~ ~ :u - - - ~