The URL can be used to link to this page

Home My WebLink About2551 " ERHIBIT A " ~ - NOTE sassz Januarv 17. 1990 Stuart _ Florida D~te • Clty Stnte 6388 Gitrus Avenue Fort Pierce Florida 34982 pYOperty Addresi t. BORROWER'S PROMISE TO PAY In retum ta a loan that I havs received. I promise to pay U.S. s 53.000.00 (thla ertwunt is caYed "p~indpal'~. plus interest, co the order of the Lender. Ths Lender is Fl National Bank and Trust Com_Rany of The T~easure Coast I understand that the Lencler msy transier thb Note. The Lender or enyona who Wcea thia Note by Var?ster and who is entiUed to receive pay- ments under this Note is caMed the "Note Hotder." 2. INTEREST Interest wiq be charged on unpaid princ~al unUl the fu1 amount of princ~pal has been paid. i wiN pay interest at a yeariy rate ot 10.000 96. The interest rate requked by this SecUon 2 is the rate I wiM pay both betore and after any defauR described in Section 6(B) oi thfs Note. 3. PAYMENTS I (A) T1ME AND PIACE OF PAYMENTS I wiY paY princlpal end interest by makh9 payments every month. I wi~ make my monthly payments on the 1 st dey ai each monih beginning on MarCh 1. 1990 . 1 wi~ make ihese payments every mo~th unt~7 I have paid aY oi the principal and interest and any other cherges descnbed below that 1 may owe under this ~ Note. My monthy payme~ta wiY be applied to interest betore prindpel. If. on February 1. 2020 , I stiY owe amounts under this , Note. 1 w~ pay those amounts in tu~ on that date, which is caMed the "maturity date." ~ w;p make my monthy payments at P.O.Box 9012 Stuart Florida 34995-9012 or at a diflerent place N required by the Note Hdder. (B) AMOUNT OF MONTHLY PAYMENTS My monthly payment wi1 be in the amount oi U.S. S 465.11 4. BORROWER'S RIGHT TO PREPAY I have the right to make payrnents of principal at any thne betore they are due. A payment of p~indpal ony is known as a"prepayment." When 1 make a prepayment, I wid teY the Note Hdder in w~iting that I am doing so. I may make a fuM prepayment or partiel prepayrr~ents without payfng eny prepeyment charge. The Note Holder vv~11 use aY of rtry prepayments to reduce the emount of principal that I owe under this Note. N I make a partial prepayment, there w~11 be no changes in the due date or in the amount of my monthiy payment unless the Note Hd~er agrees in wridng to those changes. 5. LOAN CHARGES If a law, which app6es to this toan and which sets me~drtwm loan charges, is fNaNy interpre2e~ so that the a~terest or other loan charges co{- lected or to be c~llected in connection with this ioan exceed the permitted imits, then: any such ban charge shaM be reduced by the amount necessary to reduce the charge to the permitted 6mih and any aums akeady c~cted irom me which exceeded Pertnitted Grrwts w~l be re- funded to me. The Note Hokier may choose to make this tetund by reducing the princ~pa~ I owe under this Note or by making a direct payment , to me. If a retund reduces prinapal, the reduction vh7 be treated as a partial prepayment• 6. BORROWER'S FAILURE TO PAY AS REQUIRED (A) LATE CHARGE FOR OVERDUE PAYMENTS If the Nate Hoider haa not receNed the fuM amount of eny monthly payment by the end of 15 calendar days after the date it is If due, I will pay a late charge to ihe Note Holder. The amount ot the charge wiY be 5.000 96 of my overdue payment of prinapa! and ~ interest. I will pay this tate charge prompUy but only once on ~ch late payment. ' (B) DEFAUIT p If I do not pay the tub amount of each monthy payment on the date it is due, I wiN be fn detauft. ~ (C) NOTICE OF DEFAULT if ~ em tn detauft, the Note Holder may send me a written notlce tel6ng me that if 1 do not pay the overdue amount by a certafn date, the ~ Note Holder may requhe me to pay irrmediately the tuN amou~t of p~cipal which has not been paid and eN the interest that i owe on that € amount. That date must be at least 30 days after the date on which the notice is delivered or maailed to me. ~ (D) NO WANER BY NOTE HOLDER ~ Even H, at a t~ne when I am in detautt, the Note Hokler does not require me to pay Mrxned~ately in tuM as desc~bed above, the Note Holdet ~ wilt still have the ~ight to do so i1 I am in deEautt at a later tnr?e. ; PAYMENT OF NOTE HOLDER'S COSTS AND IXPENSES ~ It the Note Holder has required me to pay immedately h fud as des:,ribed above, the Note Holder witl have the right to be pald back by me tor ail ot its costs and expenses a~ enforang this Note to the eadent not protiibited by app6cable law. Those expenses indude, for example, reasonable attome~s tees. 7. GIVING OF NOTICES ~ Untess appGcable law requires a different method, any noUce that must be given to me under this Note witl be given by delivering it or by mai{ing it by first class mai! to me at the Property Address above or at a diHerent address H I give the Note f-lotder a noti:.e of my diHerent address. My notice that must be given to the Note Holder under this Note wiq be given by malling K by first ctass maii to the Note Holder at the address stated in Section 3(A) above or at a ditierent eddress H I am given a noGce of that different address. s g M.UIT)STATE FIXED Rr1TE NOTE-Single Femlty-FNMA/FHLAAC UNiFOR~N INSTRUMENT ~orm 3200 12/83 ~ ~ Page 1 ot 2 ~ - ;s CTl (09/89) P(5/B8) U(5/17/88) 38562 / ~ ~ E BOOK 674 PAGE~55~, ~ ~ ~ - - _ - : ~ ti~~ ~