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HomeMy WebLinkAbout2027 NOTE EXNIBIT "A" JANUARY 22nd , 19 9~ PORT ST. LUCIE, FZ~ORIDiA (c~ty) (StateJ 1901 LOLTON AVE~ltIE PORT ST. LUCIE FIARILIA 34952 (PropeRy AddressJ 1. BORROVVER'S PR01~iISE TO PAY In return for a loan that I have received, I promise to pay U.S. S ~,000.00 (this amount is callcd "principal"), plus interat, to the order of the [.ender. The Lender :s AMERICAN PICNEER SAVII~(',S BANK . 1 understand that the Lender may transfer this Note. The Lender or anyone who takes this Note by transfer and who is entitled to receive payments under this Note is called the "Note Holder." 2. INTEREST Interest will be charged on unpaid principal until the full amount of principal has been paid. I wiil pay interest a1 a yearly rate of 9~ ~5 The interest rate required by this Section 2 is the rate I wili pay both before and after any default described in Section 6(B) of this Note. 3. PAYMENTS (A) Time and Place of Psyments I will pay principal and interest by making payments every month. I will make my monthly payments on the y~ day of each month beginning on F~~ 1~ , 19 90 . I will make these payments every month until I have paid all of the principal and interest and any other charges described below that I may owe under this Note. My monthly payments will be applied to interest before principal. If, on FFBRUARY 1ST . 2010 , I stiil owe amounts under this Note, I will pay those amounts in full on that date, which is called the "maturity date." I will make my monthly payments at 3500 W. O~LQJIAL DRIVE, 4TH FLOC)R ORI~IDO, FLARIDA 32 ~ 8 or at a different place if required by the Note Holdcr. (B) Amount of Monthly Payments My monthly payment will be in the amount of U.S. S 765. 40 • 4. BORROWER'S RIGHT TO PREPAY I have the right to make payments of principal at any time before they are due. A payment oP principal only is known as a"prepayment." When I make a prepayment, I will tell the Note Holder in writing that I am doing so. I may make a full prepayment or partial prepayments without paying any prepayment charge. The Note Holder will use all of my prepayments to reduce the amount of principal that I owe under this Note. If 1 make a partial prepayment, there will be no changes in the due date or in the amount of my monthly payment unless the Note Holder agrees in writing to those changes. 5. LOAN CHARGES If a law, which applies to this loan and which sets maximum loan charges, is finally interpreted so that the interest ' or other loan charges collected or to be collected in connection with this loan exceed the permitted limits, then: (i) any ~ su~h loan charge shall be reduced by the amount necessary to reduce the charge to the permitted limit; and (ii) any sums i already collected from me which exceeded permitted limits wiil be refunded to me. The Note Holder may choose to make ~ this refund by reducing the principal I owe under this Note or by making a direct payment to me. lt a refund reduces principal, the reduction will be treated as a partial prepayment. ~ 6. BORROWER'S FAILURE TO PAY AS REQUIRED (A) Late Charge for Overdue Payments ~ If the Note Holder has not received the full amount of any monthly payment by the end of Fj~~ calcndar ~ days after the date it is due, I will pay a late charge to the Note Holder. The amount of the charge will be5.000 °~o of my ~ overdue payment of principal and interest. I will pay this late charge promptly but only once on each late payment. ~ (B) Default ~ If I do not pay the full amount of each monthly payment on the date it is due, I will be in default. ~ (C) Notice of Default ~ If I am in default, the Note Holder may send me a written notice telling me that if I do not pay the overdue amount by a certain date, the Note Holder may require me to pay immediately the full amount of principal which has not been paid ~ and all the interest that I ow~e on that amount. That date must be at least 30 days after the date on which the notice is ~ delivered or mailed to me. ~ (D) No Waiver By Note Holder ~ Even if, at a time when I am in default, the Note Holder dces not require me to pay immediately in full as described ~ above, the Note Holder will still have the right to do so if I am in default at a later time. tE) Payment of Note Holder's Costs and Expenses If the Note Holder has required me to pay immediately in full as described above, the Note Holder will have the right to be paid back by me for all of its costs and expenses in enforcing this Note to the extent not prohibited by applicable law. Those expenses include, for example, reasonable attorneys' fees. 7. GIVING OF NOTICES R Unless applicable law requires a different method, any notice that must be g:ven to me under this Note will be given by delivering it or by mailing it by first class mail to me at the Property Address above or at a difTerent addretit if ! give the ~ Note Holder a notice of my different address. ~ Any notice that must be given to the Note Holder under this Note will be given by mailing it by first class mail to the ~ Note Holder at the addras stated in Section 3(A) above or at a different address ~f I am given a notice of that diflerent ~ address. ~ ~ MULTISTATE FlXED RATE NOTE-s~ngle family-FNMA/fHLMC UNIfORM INSTRUMENT Form 3200 12/83 F~rm to.e 0018900020 H To ~«a«, c,r caeAT wcES eusw~ss iow,~s. wc 0 R 6`?4 PAGE2~~~ 1600005851 ,.~o-Z~.o~~ • t~ Mirlpr~ t•e00•356•26~3 ~ 60GK - - - - ~ ~ _ ~ ~.w~.~ ~~f~.,~ .~.~;s