Loading...
HomeMy WebLinkAbout1677 r ~ SIMPLE IHTEHEST . ~~~1(/ PHOINISSORY NOTE PROPERTY RELATED S _ jiQ~.l~(~~ _lan~~arv 19 19 For vakie received. fhe unde+sgned (whelher one a rnore hereinatter cBNed "Meker'~. jOirNly end severaliy, promises b pay totheorder SunBank/Treasure Cnaat NwNn.,al AcaMj,aNp.. (whiCh,tppeB~erwitl~ M~ OF 9AMQ ~t ~ aa~ ~e.tho ea~ a~e~ e~` Raredseventeen and 03/100~ ~ poNars (s 40. 71).QF3id ~ . wia, m~e~es~ hon, n,e aste ?,ereo~ a~ u,e ~e~e a 7 S X p~r arvwrt, u,s n,N emourw a saia ar,crpe~ .um ron,a+~:+p ha„ fim9 lo time unp9kl. peyeblB in 180 mOntMy in4ta~lmenti Of s Sf1R_ GR 89Ch On tlre 18Sh ~Y ol each suooessive month oommencing on FebruarY 18 , 19~~- The Maker promises to pay late cherfles not lo exceed 5% d the a~rw~xA of ~y payrt?erd or paymenfs in detault. AN PaYmeMS made hereixxfer shaN be aedited first to iMerest and lawful charges then aocn?ed and the rema+ner b prit?apaf. Maker has the rigM to prepay tAis note. in whole a in part. without penaly at any dme upon Ihe payment ol accnied and past due inlerest and charges ro date of prepayment pku e service Iee in the amount ot tf+e lesser ot 550.00 a 2 percent d the principel amount d this ban IM~o~xN Financed). provided. however, that arty partial prepaymenl of prir~Gpal ShaM bo app6ed fo Me instaNnent a ~rulallrrqnts ot principal las( maturing hereix~der. The arr~ounts referred to ebov~e heve been compided upon the assumption that aR instaMrnent paymenls rvill be n?ade on the respecYive sche~autea a,e dates. Interest accn~es o~ tt,e unpaid «~tstarding pr~r~apa~ balance. n eny insta~ne~t is not veid in n,a o~ the due date. Maker wiN b~e obligated to pay Such addlional amaxds 95 mey beoome payab~e by reason o1 Ihe oontinttirg acc~uaS d interest et Mie rate designaled ebo'+e. My regutUng Chargg5 aocruing pn eccount Ot faikx9 b meke timely peymerd on the du9 daleS wi4 cause irxxeases in sortie d C~e amouMS designaled a6ove_ Any instalknerN paysnerM made prior b any due date o? dates. ar anY PfeP~Y~H. may cause dedeases in sort?e d the art~ouMS designated above br !he reason U?at the unpaid outstar~dag P~Kk'~P~ . ba~ance wiN b9 reduc8d end Ihe iMe?eSt rate d65igriat9d ebo'v6 i3 r~pligd to Sucfi t9duoBd outSter~lp DalenCe b d4t9?rtw~e the art~OUM of interest that is due. H Benlc deems itseN iruecure. a~pon Ihe happening d arryr o~ the fopowing events. each d which shaA oonStiZwe a detaull hereixider, ep liab~ities d each Maker to 8ank shaN Uiereupa~ a thereafte~, at the option o( Bank. wEfhout notics or demand. becwr~e ~ a,e ~a ~we: te~ a~?r oer~o. ~wrra, ~~m shaa a~,a :~,ae e~n ~,+do.se?, a~eiy era ~emo~ a m+s I note) b De?(am e^Y Provision ol a^Y securitY egreemeM or mortgage seeuriny Ifie repeyment hered. to psy interest hBreon when ~ cf~,e. o. w pay ar,~, ane. uaary w?,a~soeve~ ~o ean~ w?~en a,e: ro1 a+e aeam a anr oe+eo?: ta) n,e r~no a anr aeaaon ur,ae? me ~ 8ank?~tcY Gode. a ar+y simitar Iederal or state statute bY u? agmnst anY Ob~'i9o?: ~ appication fa the ap~pointrnent d e reoeiver I a me ~ a a y~e~ai ass~y~„e?n a? ~ne ~ a c~ea~o.s by, w me ~sorve?x.y a. a~r Oe+~: ce? ~~r a e i~ E ay~s! a~y oew~a: ~q me ~wny o~ a?,y ~ a anacnmern a~ o~ ga.~?en~. o. a~e r~ a a~,y Me~,, egaw,a~ eny ac~eny a a~r Obtiga: (9) a,e tekinq a r~ssession a a~y subetar?tial part a uie P~oPerty a eny oergcx at me insta~ o+ eny 9over?unental ~ authority: (h) the dissotution. merger, consdidation a reorganization d arry Obligor: a(i) the auignmeM by arry Make? of anY ~Y ~ in tt?e real ProPe?h w??ich is seairity f« tlNS note. excepl sa is Pennitted undet the tema ot the mortgage. witFwul die prior written oa,sen~ a a,roc. ~ m aaana, w c?,e morsgage secx,nr,y n~is bar,, N+a?cer r,ereey granes a earMc a security ir~te?es~ in a~l aoperty a r.faker rww o? i at any time hereaeer in the possession et Bank in any capacaty wheGsoeve+, induding but nat Rmiied b, anY balance or sha~e d arry Oeposit. trusl. or agent aocount. as security fa the payrt~erN of this nofe. and e similar ken upon end seaxity interest in aN such a~r a eaa~ r~ as sea,?Ny ia a,e pay~nern a a~ oer~e~ raaK~esa eaa, ~ to ea~x ea uaaades d eacr??~ake.~. ~ The UWigas. janty and severaNy, promise and agree to pay eN ~ end e~er?se~ d cdlection and reasonabte atlor~eys' F fees, whethe? incurted in oonnec.Y+on wiSfi totlectio~. trial. eppeal a othervvise. ~ Presentmant. demand. PrWest. notire of d+sF~or~ end extension d Urt+e wiL?wul nodoe are hereby warved by each and evety ~Make~ acknowledges r@ceipl d a completed copy ot tlws note and mortQage on 1he above date. ~ ~ NOTICE TO COSIGNER: Ycw are being asked to guarantee this debt. Think CBretully betore you d0. H the borrawer doesnl pay the deDt. you wiN have to. Be sure you Can aflord fo pay H you have to and that you ~ vraM to accepl lfiis responsibility. ~ You may have io pay up to the fun amounl o! the debl if the borrowar doe5 not pay. You may atso havg to ~ pay late lees or coNection costs. which 6ncxease Mis amount. ~ The Bank can Collect this debt from ypu witfiout first trying to toslect irom the borrowec The Bank tan use the same collection methods agai~st you that can be used egainst the borrower, such as suirg you, gar~ishmg you? rrages. elt. H this debt is ever in delautl. thet (ect mey become e pert d oy~tx Crgdit reCOrd. ~ This notice is not the contract that makes you aable ta the debt. ~ ~ ~ O. ~e~c zG 3j `T?'~'~~~~i~~i~ }}:~uo r ,~~~~,eae ~ ADDRESS SIGNATURE ~~rd R, Carter .~s~ys~ 2 Ft. Pierce, Fla. 3~¢S -~j~~~ i ADORESS SIGNATUR Betty Jean Carter = Boc. S[amps in the ar~ount of ;61.20 affixed tomortgage. ~ 50M and under - npnbattoon. € '90 JAN 24 Rl l:~ ~ ~ 14210dd 6 ~ _ ~ ~ ~TATE ~r- A ~ - F~OR~D ~c~~~~ a~..:~ . ~ ` STAMP _Tt.:~ l ~ DOCU~NEN~'~,,~ =,L,:,,_____ _ (~OUG L A i X G h _ ~E ~ NUF -i ~ ~ - p1 nc FFYE ,,3~ C 4 0 ~ S~ t.~'~,I; ~.,'~Ni T. z . _ . ~ ,µM?l'9l! 5:,~. V t- ~ - - ?,1- -----~"t~~__ - . nH~r;~NAI P~nkC~py YE«ow-c~~~ P~"K F~~ B~JOK~~`~ PAGE~~~ ( `F 1Ma~nm~ nw ~ra u . '"y ~yC' .4~r . _ _ . ~ ~_._y~- . _ . "v'` 'f~: 3.e~_$i~?lsc~.-.:~"..}a~' .?..,._::ia.._ ~