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Home My WebLink About1972 ~ ' ~ SIMPLE INTEREST ~ . PROMISSQRY:NOTE ' PROPERTY RELATEO . , s , . : ~ . pTk,:~w~ t+~r~ yqrtu ~ •t: . . • _ • • . • ~ , , .~,v ~ . ~ i , _ ~.`o ~fttF~ (11d~f1 TO tUb~ , i , . I:~; ~`r s ' .48~.02 . ~ ~ , - ;J:. . r~~+~~ w ~1rtu.Mtemr~aq e~tt~ Januarv 10 . • . rt 1g90___.,.^ „ . ~ . ~ , ~~.:~:c am~s~te bn~ k?cr~ , . , r-r . . , - ~ , , , - , , ,:~(1'CJ:'l Qi?tt'ihri~ ~ • . • , . ~~:'..f ~ .tJ~l . ' . ~ ;t~t~'^ , . ~ ~ ..`r:•tf :~?`X11f1~~~ ~ t:(1~T~.ti?~:~;. . - . • ~ , . . . r For velue ~ecelved; the undersigned (whether onA Or ~o?~~isrbinefte~'called ."Maker'~, jointly and severally. pttxnises to pay ~o Sun Bn~k treasure coast.National~ A~soc~atioR (which, together with . • . • ~ : (k~,~~eA!'!9.-^i,~:- subsequent hok3e~s oi this note, are reterred to as "Bank'~ at ka o~ aP~`~""'» Stuart ~ : Florida. the principal sum of thirteen thousand four huridred_ ei~ht~ nine 02/ 100 Dollars (S 1.31489. 02 . ~ with interest trom the date hereof at the rate of 11 . 50_ per annum on the full amount ot said princ~pal sum rema~n~n~~ (rom time to time unpaid, payable In 60 monthly installments of 65 each on the __9 t l~ _ c+,y of each successive month commencing on Fg~~.3lary 9th~ ' , 19~4-. The Maker promises to pay Ia1e ch;~r~~es not to exceed 596 of the amount of any payment or payments in detault. All payments made hereunder shall be credited first to interest and lewtul charges then accrued and the remainer to princ~pal. Maker has the right to prepay this note, in whole or in pan; without ~penalty at any time upon the payment of accrued and p~st due interest and charge~ to date oi prepayment plus a seMce ie9 iirtths amou~t of the lesser oi a50.00 or 2 percent of the principal amount of this ban (Amount Financed), provided, howetier, tl~at My perlfel prepayment oi principat shall be applied to the installment or installments oi prirxtipal last maturing hereunder. . The amounts referred to above have been oomputed up8~tt~e~ assumption that all installment payments will be made on the respective scheduled due dates. Interest ec~crues on the unpaid outstanding principal balance. N arry installment is not paid in full on thA due date, Maker will be obligated to pay such eddh~on~ emoa?!s as may Decome payable by reason ot the continuing accrual ot interest at the rate designeted above. My resulting charyes aorxukg on aooouM ol failure to make timely payment on the due dates will cause increases in sort?e of the amounts designated abo~!A._My. Ine~msnt payment made prior to eny due date or dates, or any prepayntent, may ceuse decreases in some of the smO~xKf ds~iqrqted ebotie tor the reason that the unpaid outstanding principal balance vrill be reduced arxf the interest rate despnated abow ia ~ppl~ad b such reduced outstandinp bala?ux~ to determine the amount oi interest that is due. M Bank deems itself insecure, or upon the happoMnq 0~ Nfy d ths tolbwing events, each of which shall constitute a detault hereurxfer, aN Nabilities of each Maker ro BaMc shaN thereupoA ot tl~er. M the option of Bank. without notice or demand, become due and payable: (e) tailure o~ any Obligor (which tenn eheq mean and inctude each Maker, endorser, surery and guarantor ot this note) to periorm any provision of eny secuMy agr~emeM Or mOflgag~ ~eai~ing the repayment hereoi, to pay interest hereon when due, or to pay any other liability whatsoever to Bank wheA due; (b) 1FM death oi any Obligor; (c) the filing ot any petition under thQ Bankruptcy Code, or arry similar lederal or state statute by Or egBMSt eny Obligor; (d) an application tor the appointment ot a receiver or the making ot a general assignment for the bene6t of careditoN by, Or the insoNency of, any Obligor, (e} the entry oi a judgrnent against any Obtigor; the Issuing oi any writ ot attachmeM Or writ d flarMshment, or the filing of any lien, against any property oi any Obligor; (g) the taking of possession of arry substaMial paA ot the property of any Obligor at the instance ot any govemmental authority; (h) the dissolutio~, merger, consolidation or reorganiZetion ol Sny Obligor or (i) the assignment by any Maker of any equity in the real property whiCh i9 Security for this note, exCept as id pA~rNtt6d txlder the terms of the mortgage, without the prior writien cOnserlt Of 88nk. . . ; • i r~riC`~!A' ~NT a+,~yt, . . ~In Sddition to th~ ~+rlortgage securing this Ioan,~Malcec heroby yr~ b~ank a security interest in ell property of Maker now or at any time hereafler in the possession of Bank in any capacc;iy whet~oever, including but not timited to, any batance or share of any deposit, Wst, or egent eCCOUnt, as seCUrity for the peytnAM 01 !Ns f1otA, And S similar lien upon and securiy interest in all such property oi each Maker es security for the payment oi all othet Rabili~ Ot each Maker to Bank (including all liabifities ot each Maker). The Obligors, jointly and severalty, promise arxf eg~se to pl~y elf OOSts and expenses of oollection and reasonabte attorneys' ~ faes. whether irx:urred in oonnection with collection. Mal, appeal or othervvtse. ~ Presentment, demand, protest, notice of dishonor, and exter~sion oi time without notice are hereby waived by each and every ' Obfigtx. ; Makei acknowledges receipt ot a completed copy of thls note and mortgage on the above date. ! ~ NOTICE TO COSIGNER: You are being asked la guarentee this debt. 7hink caretuly before you do. H the f ; ~«rowe~ eoesnt pay me debc. ya, ~u r?a~re m, ee s~x~e rou can afror~d ro pay ~ you na,re to and tnat yo~ ~ waM a eccept this responsibiiity. - 3 You may have to pay up to the tull amouM Ot thA debf H fft9 bOrtO~wer does not pay. You may also have to ~ pay late tee3 or oollection oosts, which incteasA this ~mOtsM. i ~ The Bank Can collect this debt trom you without first kylfi~ W CoN6Ct trom the borrower. The Bank can use the ' ~ same oollection methods egainst you that can be used agelnst 8te borrower, such as suing you, garnishing E your wages, etc. Ii this debt is ever in default, that iad may beCOrne a part o( yout credit record. I ~ This notice is not the contract that makes you liabte foI the debt. 3 E € ~ ~ ' ~ • . ~ 523 NW_Marion Avenue, Port St. Lucie, F1. 34983_ 2 ~ ADDHESS SI~NATURE ran r co C ' ` ~ I ADDRESS SIaNATUR re ~iir co Doc stamps in the amount of $20.25 affixed to mortgage 50M and under - nonballoon. ~.IAN 24 P 3~Q3 1021184 gN 1!`J~~:~_ r,.i,i'`~'~J~T . ` ~i - S~. !_V' ' '~y i ~ , ~ r.' . t ~ _ ~ e i , ~ ' ~ :_l ~ . ~.s ~ -i~" :'~E~.~AR'* `'t~,.'r~* ~ - - ~w~--~-~. . G . _ . e ~oa ~t•j ~•,c~'~s, : . _ ~i ' ORIGfNAL • Bank Copy YELIOW - CuStomer PINK - File 90Gi 674 P,,~E197~ . - _ ~ r ~ss~ ~_u~.. v,~_,~~ a w