HomeMy WebLinkAbout0414 Rivorside Net+onal B~nk Not~ Numbar o
ON THiS OAY OF ~anuary 18 90 FOR VALUE AECEIVEO. THE UNDERSIGNED
hare~naher celled "M~ksr" w+t~out ~~pard to num~r a Qa~. ~o~ntly ~nd ~~v~r~lly PROMISE TO PAY TO TNE ORDER OF
RIVEASIDE NATIONAL BANK OF F~ORIOA Z211 Ok~schoD~• Rd. Ft. Pisrce, FL. 33450
hereineher c011sd "'B~nk "
THEPRiNCIPALSUM OF Sixty Thousand and NO/100--------------------------------------~~~~~5
In monthly interest onZy payments beginning March 1, 1990 with one fir.al paymen[
PAYABLE of principal and accrued interest due Februarv 1~ 1~91,
Interest t~ereon shell accrus from ths d~t• of tund~np. comput~d on th• b~~~~ of s 365 dey y~~r. •t th~ ANNUA~ PEiiCENTA3E
1.0~ over the Prime Rate as established from time to time by the Trust Company of
RATEOF ~eorgia, adjusted the first business day of each month. Prime Rate currently 10.50~
INTEREST SHALL 8E PAYABLE _ Monthly be~ginninR rlarch 1, 1990
All paym~~ts shiU M~ppU~d first to ~ccru~d cnt~t~~t ~nd tMn to R~inCipal. Int~r~~t w~ll •ccru~ ~t the nt~ oi 1/306th oi ~~nuel ints~ ~~t
for e~ch dey that pnnc+pal is out~t~ndinp, but ~n no ~wnt ~h~ll int~r~~t M du• at a rate ~n sxce~~ of th~ Aiph~~t I~wtul rat~. W~thout
I~m~t~ng tne genetsl~ty of ths forpo~np. and nothw~th~t~ndinp ~ny onl or wntten ~proement, no depos~t oi tunds sh~l1 b~ ~~quire•i ~n
connecuon w~tn tA~s loan ,n an emount which wili, wh~n dlduCt~d from t~~ pr~nc~pal amount outstandinp h~rsund~r, cau~e the ret~ oi
~nterest nereunder to exceed th• m~ximum (~wful r~t~.
Ii any peyment is not msde in full when du~, th~ ~ntir~ unp~id pnncip~l ~nd accrued ~ntsrset, lass any un~am~d int~n~t and any
~nterest ~n excess of ths max~mum ~Ilow~d by I~w ~nd ~ny nbat~s r~quind by Isw. shall at the opt?on of th~ holder b~com~ immed~stsly
due and payable without notics. F~ilure to ~x~rciN th~ Option ah~ll not tonst~tute ~ we~ver of the sub~squent ripht ta ~x~rcise such
opt~on AFTER MATURlTY. INTEAEST SHALL ACCHUE ON TNE DELIN4UENT PRINCIPAL BALANCE AT THE HIGHEST LAWFUL
RATE OF lNTEREST OR. If NO MAXIMUM RATE IS PRESCRIBED BY LAW. AT 1896 PER ANNUM.
As secunty for ths paymant of tAh not~. ~~d ~ny r~n~wels. ~xt~nsions or modificst~ons therdof, and ~ny otMr li~biliti~s of ths Maksr
[O Ihe etenk. nowaver Of W(l~ti6V6i G~6~ii~i. .~=~:~s i---~-- - ' w~ o~••~ •••?,O.'e.e in•
s ~ii~ii; ~:T.iti~ av ir:s rsa:.n a t~sc°-i-:+ai • ,
MORTGAGE DATED JANUARY 1990 ENCUMBERING THE FOLLOWING DE CRIBED PROPERTY:
Lot 10, Block 1681, PORT ST. LUCIE SECTION THIRTY-ONE, ing to the Plat
thereof, recorded in Plat Book I4, Pages 22, 22A Chr 2 public records
of St. Lucie County, Florida.
WMtMr pr not sp~uLe prop~AY ~s O~ureD~d ~Dow ~dd~IwMl s~tu~~ la iM Y~~t tMt NoO r~new~ts ¦t nsan
~Y W r s a modd~t~tqn~ eMr~pt. and ~ny otMr
~~aDJd~~~ of Ma?~~ l0 9snk Avw~v~t Or wMn~v~r tr~~l~d M~kN A~r~Dy pl~dp~~ t0 B~nt ~ 1 p.op~rty o1 M~~~r now or MrphM O~I.v~r~d fo or hh m o~ wm~np
~nto tM poss~ifwn. Conud Or tu~tody OI B~nk. wMtMr ~aprqaly q CWl~ta~l f~cunty W la • •r purposa ~~ndud~np usA. stot? ~ntl otMr da~nds. ~rW ~U nphq to
fuDaenW la srtureU~t intW~nl to dael~r~d or pr~nlW ~n eonnKtwn w~lh suCA prpp~hYl. ~nd propsrty d~senpW ~n eoH~tNd r~e~~pb or othN dOCUm~nts alpnad ot
fwmsA~tl by tM M~?~~. ~nd iny ~nd s11 ~~Plae~m~n~s ol ~ny of tA~ la~po~e~y. wM1Mr w not m tM poss~ss~on of B~nk All iueh prop~rty ~nd ~ny otA~r qpp~rty weurup
~ M~kN"s 6~Ddrt~~s to tM B~nt w~~l Ao.~~hsr p~ ~~l~rr~d lo `tM CoII~tN~I " TA~ Co11~tkN ~t ~~w p~~Ap~tl ~s s~wnty for ~p otA~r M~bihtws fphm~ry. s~tondary. Gu~tt
com~ny~nt sole ~o~m or s~wr~i~ Cus or to ~stom~ Aw or wn~ch m~y b~ nu~~hsr co~tr~cuC o~ ~c~u~i~e ol ~qcn Msw~~ i~ndue~np •~cn M~r•~ ~nd any o~n~~ p~nonl io
B~M. wMtn~r such 6~WI~u~s ~i~f~ ~n Ih~ Ordm~ry CO~ra~ ol Ou~~n~N O~ noi R~gnt ~~~~Gy ~ap~~fsly yrintl0 to In~ B~nk ~I ~ts ooucn co u~nslp ~i any um~ to ~tsNt or to
~ ~~a nom~n~e ~ny COI{~U~~I. •n0 to r~c~~v~ t~s ~ncom~ ~h~r~on ~nd ~old t~~ f~m~ y s~wr.~y Mr~lw ur ~pDiY ~t on tr~ pr~nc~D~~ W~~~~ros~ du~ Mr~on a Ou~ on ~ny l~eD~t~ry
s~cwW ner~by Th~ 8~nk m~y cont~nw to Aofd ~ny o+~doeG prop~rtv d~poutM M~euntl~r ~hs~ !n~ paym~m ol in~s no~e d ic eh~ t~m~ ol IM p~Ym~m ~nd d~se'+up~
?+~~wl ~ny ol tM D~nn~ i~~b1~ fo~ IA~ P~Ym~M Mr~ol sM~! D~ tMn d~~~ctiy W con~~ny~~nt~y I,~Die to t~e Ban? as m~Y.er •ndor~r. Wr~ly or pwr~ntOr of ~ny otMr np~~.
a~ah. bdi ol ~achsnps or otMr ~ns[rumanl. W o1Mrvv~f~ ~nd t~~ B~nk m~y tAsr~~ha ~~~ra» tM r~pMS w~th ~espec~ t~ s~~d ptatl~Q ~op~rty pr~ntW Mr~~n w~n thoupn
Ihis n0~• s~~~l ~~v~ O~~n surr~nder~d to fn• M~k~r
~s ~o~n~1y ~nd Hv~r~lly covenent~d end ~er~b w~cn ~n~ B~nt Dy ~~cn M~k~r. ~nGors~r. sur~~y pus~~ntor ana ocns~ p~rty t01R~i ~Oli I~11 OI whOm ~r~ Mr~~~~t~~r lor
D~evrty C~il~d Ohl~yp~ ur Obl~porsl th~[
1 Add~twns to. r~b~s~s. rbuctans o~ ~~cMny~s of. or suDsuwt~ons la tM Coll~nr~l. paym~ms on ~ccounc af ~n~s ~o~n or ~~r~~~s of tM sam~. or otMr lo~ns m~d~
Dartidly or wholly upon ~M COIIa1~r~l. m~Y from Um~ to t~m~ tN m~G~ w~lAout ~H~cunp t~~ Proris~ons ol th4 not~ or tM baWblHf Ot ~ny p~rry Mt~lO 8ant shall ~nruw
r~ason~pl~ car~ ~n ~n~ custody ~nd pr~s~rv~~~on o1 ~M Colt~ta~l an0 ~M~~ b~ dNmW to A~v~ ~.~rc~s~d ~e~sonab~~ csr~ ~f ~t ulus wch ~ctwn for tMt purpoN ~s M~ku
~MII rNSOn~Diy r~qu~tt ~n wrqiny p~i no om~fuOn to comply w~th ~ny rpw~i of Mst~r M~110l ~~a~~l b~ d~~m~d ~ 4dur~ to ~a~rus~ n~~onabh un Without bmmnp tM
p~n~r~l~ty ol tM forpomp. tM B~nt ahail A~w no nspons~be~~ry la ~x~n~~n~np ~ny m~wnb~~. e~i4 conv~ruons. a.en~np~s. oMu~. una~r~ w wmdar m~tt~n r~~aunp a
any of tM Coll~qrN nx tor ~nfwmmp :M und~n~pn~d w~M r~sprct to ~ny t~~r~o) 8~nk ~A~!! not G boun0 to uk~ ~ny st~D! MGfsf~ry to pr~rW ~ny nphts ~n tM
P~~~G woWnY ~pun~e prar Duu~s. ~nd M~k~r fna~l Uk~ ~ll n~t~p~ry ~~~ps la wen purpos~s 8~~r or ~ts nomm~f nud not toll~ct ~n1uNt on ot pnnt~pa~ ol ~nY
p~WqW prop~rry or prv~ ~ny nobc• w~t~ r~ap~cl to ~t
2 Upon tM +~app~~up of ~ny o1 ~hi fo1losvmQ ~v~nts •ich ot wMCn ~n~li consuwt~ ~ d~huu n~rwnd~r or iM Cou.i•~•i snau ~i ~n~ nm. b~wrt» uns~ud~ory ~o
8~nk. a ~1 Bant andl ~t ~ny urt+~ dNm ~c~U ms~cur~. ~u I~oD~l~u~a ol Ncn Msk~ to B~nk. w~~sMr or no~ w~e~nc~o pr ~tus nou. shNl iMrwpon a thsr~ahK. cM
optan o~ 6ank. w~tAOUt ~ot~ w d~man4. G~tom~ du~ ~nd p~y~pl~ (~f f~~lur~ ol ~ny OW~flor to p~Ao~m any ~pre~m~nt Mr~und~r or to p~~ ~n ful1. whM du~. ~ny I ~bLty
wh~t~0lrsr to 8~nk or sny ~nstallm~nt tMr~ol a in~sr~st lMrpn. (b) th~ d~~th of ~nY ODl~ppr. Icl Ih~ f~linp ot ~ny p~i~t~on un6~r th~ 8~nkruplty Att. W~ny sim~l~r •W~nl
or st~t~ ~t~tut~. DY a pa~nat ~ny OG~~po~. (GI an ~Ppt~c~uon la tM appo~nm~nt ol ~ nc~ry~r for t~~ m~k~np o1 a p~n~r~l ~tf~flnm~nt la tM b~aht ol ~r~d~tas 4y w tM
:nsohrs~cY ol ~ny Od~por. (~1 th~ ~ntry OI a ~udem~nt ~ fl~~n~i ~ny Ob1~9oI. (n lM ~f~ump 0/ ~ny ~rt~cAm~nts or Q~rn~shrnAnt. or tM fil~np Of I~y INn. p~~nit i~Y pro~~rty OI
•ny Oblrqa. Ip! rM tak~np of post~ss~on o1 ~ny f~bstsnu~l p~n ol t?a p~op~?ry ol eny Ohl~pW ~t th~ ~nsunc~ of iny pov~rnm~nt~l ~utAOrrty. IA1 tM Gnsolutwn. r?~rp~r.
~ consol~d~~~on a r~orp~nu~~~on of an~ ODl~gor. 1~1 ~A~ d~t~~m~n~tar+ b~r 6~nL tMt ~ m~t~ryl ~qv~ru chsnpe h~a occurrW ~n tM hMnC~N condita~? OI ~ny Obl~qor Inim tM
.r CO~d+t~ons 1~t IOrth ~n 1hp mosl r~t~nt lir,~nt~~l sl~t~m~ni o( 3utA Ob1~yW A~r~tOfW~ furmsMd to 8~nk o~ from th~ tond~t~otr ol wcn OD1~pOr !s Mr~lolw~ mos~ n~C~n11Y
~ d~~cbs~0 to BonY u~ iny menner or tMt ~ny wur~nry. rpr~wnlstqn. tat~fiut~ w ~qt~m~nt ol ~ny OGuyor Iw?,~iM~ co~um~d M ttws ~ot~ a notl p~rt~~mny to a~n
~ cOnn~tMn w~t~ tAn nOt~ Or Ih~ losn w~d~nc~d Dy th~~ not~ N n01 l~W. ~N~Qnminl Dy ~~y M~k~r ol ~nY pu~ty ~n ~ny ol IM W~dp~d CollatH~l vmthout tM w~ittM
cons~m ol B~nk: Ik) hdur• to do •~i thmp~ n~c~fs~ry to pr~Nrw anQ ms~nt~~n tn~ v~~w •nG cai+c~,brl~ty ot tM Go11~t~ra1. ~ncluWnp. Dut nut ~~mrt~d
to ~h* paym~m a? u,~s and pr~m~um~ on po~iu~~ of mwr~nc• a+ M~ dw d~t• w~thou~ ben~l~t ol ~h• orsce p~nod
~ '90 JAN 29 A9 ~0~ ~
~
~ 102183? ~
c TNE PROVISIONS ON THE iiEVERSE SIDE ARE A PART Of THIS NOTE F ti~ "
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~ CUG ~ - . ~ T
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z Addrass Custom Homes of t. St. Luc I 1SEAL)
~ A Florida Co 0
s ~ (SEAL)
onard Kaleky
~.G'~nl Fnn1 {nc D~UK ~ • ~ (~~VC I.~ •
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