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Home My WebLink About1446 SIMPLE INTEREST PROMISSORY NOTE PROPERTY RELATED ~ 5.269.49 JanuarY 17. _ 19 ~.Q' For value received, the undersigned (whether one or more hereinattet called "Maker'7, joiMty and sevetefly, pi+onuse3 ~ pay to the order _ Sun Bank/Treasure oast. National Association (vwhid?, topethet with lr~ oF e~r~ntl . . . subsequenl hokfe~s of this noie, ere reierred to as "Bank'~ at ft~ otfice at ~ Fort Piet'ce ~a~ the principal sum oi Five thousand two hundred sixty nine and 99/100 ~pa~ 5,269. ~9_ 1 with interest frosn the date hereot at the rate oi 11. SO % per aru~um on the full emount of aeld prindpel surr~ f~eR?Yin~p from time to time unpaid, payable in 36 monthty Instaliments at s 173.78 ~sch pn thA lbth d~y of each successive month commencing an Fehruarv 16, , 19~~. The Maker promises to pey late chargee not to exceed 596 of the amount of any payment or peyments In defaufl. All payments made hereunder shall be credited 6rst to interest arxf lawtul charges then aaxued and the rernefner b ptinCipel. Makef has the right to prepay ihis rwte, in whoie or in part, without penalty at any time upon the payrtten! Of eocrued and paat due intarest end charges to date of prepayment plus a service tse +n the a~rnouM of the lesser of s50.00 or 2 per+oe~t pt the principal amount of this ban (Amount Financed), provided, however, that any parfial pnepayment of prindpat shall be applled W the installrr~eM or installme~ts ot prinapal last maturing heraunder. The amounts referred to above have been computed upon the sssumptlon thal all installment paymenta wip be m+ado o~ fhe respectiv~ scheduted due dates. Interest accrues on the unpaid outstandisp prlnapal balarxx~. N erry instellment ia not peid M ft~p on the due date. Malcer wil! be obligated to pey such edditionail emount~ as~mey beoort~~payabte by reason ot the oa?ti~a?tnp eocrual d interest at the rete designated above. Any resulting charges aocrui~g un accaunt ot ta!!ure to make amely payrrient on the due detes will cause increases in sort?e of the amounts designated above. My instalfinenE payrtfent made prior to eny due date ot detes, or any prepayment, may cause decreases in same of the amounts desig~ated above tor the reason that the unpeid outaianding p~ir~cipat balance wilt be reduc~d end the interest ~ete designatetl above is applied lo such reduced outstandirig betanoe to determine the arnouat of interest that is due. Ii Bank deems itsetf insecure. or upon the happening ot any of ihe folbwing events, each of which shall oonstitute e defauit hereunder, all liabilities of each Maker to Bank shall thereupon or thereafter, at the option of Bank, witt?out r~otics or demand, become due and payable: (a) tailure oi any Obligor (which term shall mean and include each Maker, endorser, eurety end guarantor of tl~is nate) 1o pe~tom? any provision of any securiy egreement or mortga~ securing the repayment hereot, to pay interest he?eo~ M1+hen due, or to pey any other liability wha~soever to Bank when dus; (b) the death oi eny Obligor: ic) the filing of eny pstlti~on under the Bankruptcy Code, or any similar federal or stete slatute by or against eny Obligor, (d) an ap~licatian tor the appokttrner?t oE a raoaiver or the meking of a general assignment for the benefit of creditors by, or the insohrency ot, any Obligor; (o) the enUy ot e judgmeM against any Obligar; (ty the issuing ot eny writ of attac~uneni or writ of garnishmeM, or the fiting of arry iien, ageinst any property? d any Obligor, (g) the taking of possessio~ of any substanbal pact ot the property of any Obfigor at the +r~stance oi eny pov~ammental authority; (h) the dissolution, merger, consolidation or reorganization of any Ob~ligor; or (i) the assignment by any Maker of any equity in the real property which is security for ihis note, except as is permitted under the tertns oi the rttortgage, without the prior written consent of Bank. . , • _ ~ , ;~i:.~;~, . ; ~ : • ~ i In addition to the mortgage securing this loan, Make~ hereby granista Benk a security interest inaaiE projiett~rpt ~Ae1cpG11Qw or . ~ at any time hereafter in the possession of Bank in any capacity whatsoever, including but not limited to, arry balance or share ot any ~ deposit, trust, or agent account, as security tor the payment of this note, and e simitar lien upon and secuMy interest in all such property of each Make~ as security tor the payment of a{I other fiabilities of each Maker to Bank (induding aiI liabilities of each Maker); The Obligors, jointiy and severauy, promise arid agree to pay att oosts and expenses of coltection and teaeoneble ettorAe~is' feas, whether incurred in connection with collection, trial, appeal or otherwise. ~ Presentment, demand, prolest, notice of dishonor, and extension ol time without notice are hereby waived by each and every Obligor. ~ Maker acknowledges receipt of a completed copy of this note and mortgege on the above date. ~ NOTICE TO COSIGNER: YQU are being asked to guerantee this debt. Think carefully before you do. If the ~ bonower doesnt pay the debt, you will have to. Be sure you can afford to pay it you heve to and thst you € want to accept this responsibiliry. ~ You may have to pay up to the full amount of the debt ii the borrower does not pay. You may also have to i pay iate fees or collection c:osts, which i~crease this amouni. ~ ~ The Bank can collect this dabt from you without first trying io collect irom ths borrowec The Bank cen use the ~ same collection methods against you thal can be used against the borrower, such as suing you, gernishing your weges, etc. Ii this debt is eve~ i~ default, that tact may becxime a part ot your credR record. 6 ° This notice is not the contract that makes you liable for the debt. z ~ DOC STAMPS IN THE AMOUNT OF ~7.95 ARE AFFIXED TO MORTGAGE. ~ f ~ ' k 1332 SW Jericho Avenue l• R ADDRESS SIGN URE phi11 C Shef e~d Sr ~ ; POrt St Lucie, FL 34952 ~ ~ ~ ADDRESS SI(3 7URE n a . e e ~ :~.~;-~'-,T~ _:F-_ ~`..,C1R;~~ ''+?=v;'J~EN?~,RY~ ~n tA M r ~ J~ ~1i P 3~2~ 50M and under - nonballoon. - ' : s ic.~~:,f . ' • = - .,,.~-~~3 ~,~~~Ff~ r~ - ~ . If~~2.372 ~'N : - ' ' FILE~' Y4C - _ - - - ~ ~L'UGl ~ +sIX.U?~ {.l - S? ~U' ^~;!JhTY E t ~ X BOOK67~ ~'A~:~4~ ORIGINAL - Bank Copy YELLOW • Customer PINK - File a-aat-aooa tn~ ~ b-_, ~ ,r ~ _..ez _1..~ ~__7.2 ~~_r.,~su~-~