HomeMy WebLinkAbout2013-228 Promissory Note - Swanson - Paid in Full
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PROMISSORY NOTE W 11~ 6 v
$360,000.00 Medford, Oregon MAY 31, 1995 1995
I/WE, JOINTLY AND SEVERALLY, PROMISE TO PAY TO THE ORDER OF
VALDOMAR J. SWANSON and JANICE M. SWANSON, husband and wife, or the
survivor AT PLACE DESIGNATED BY BENEFICIARY, THE SUM OF
THREE HUNDRED SIXTY THOUSAND & N01100 DOLLARS,
WITH INTEREST THEREON AT THE RATE OF 8 PERCENT PER ANNUM FROM MAY
31st, 1995 UNTIL PAID, PRINCIPAL AND INTEREST PAYABLE IN MONTHLY
INSTALLMENTS OF NOT LESS THAN $3,011.21 IN ANY ONE PAYMENT; EACH PAYMENT
AS MADE SHALL BE APPLIED FIRST TO ACCUMULATED INTEREST AND THE BALANCE TO
PRINCIPAL; THE FIRST PAYMENT IS TO BE MADE ON THE 1st DAY OF JULY, 1995,
AND A LIKE PAYMENT ON THE SAME DAY OF EACH MONTH THEREAFTER, UNTIL MAY 30,
2015, WHEN THE WHOLE UNPAID BALANCE HEREOF, IF ANY, SHALL BECOME DUE AND
PAYABLE; IF ANY OF SAID INSTALLMENTS IS NOT SO PAID, THE WHOLE SUM OF
BOTH PRINCIPAL AND INTEREST TO BECOME IMMEDIATELY DUE AND COLLECTIBLE AT
THE OPTION OF THE HOLDER OF THIS NOTE.
MAKER SHALL MAKE NO PREPAYMENTS.
IF THIS NOTE IS PLACED IN THE HANDS OF AN ATTORNEY FOR COLLECTION, I/WE
PROMISE AND AGREE TO PAY HOLDER'S REASONABLE ATTORNEY'S FEES AND
COLLECTION COSTS OF THE HOLDER HEREOF, AND IF SUIT OR ACTION IS FILED
HEREON, ALSO PROMISE TO PAY (1) HOLDER'S REASONABLE ATTORNEY'S FEES TO BE
FIXED BY THE TRIAL COURT AND (2) IF ANY APPEAL IS TAKEN FROM ANY DECISION
OF THE TRIAL COURT, SUCH FURTHER SUM AS MAY BE FIXED BY THE APPELLATE
COURT, AS THE HOLDER'S REASONABLE ATTORNEY'S FEES IN THE APPELLATE COURT.
THIS NOTE IS SECURED BY A DEED OF TRUST OF EVEN DATE HEREWITH WHICH
CONTAINS A CONSENT CLAUSE. /
CITY OF SHLAND, a municipal corporation
By~~~- V By. 2
LoanCare
ACCOUNT SERVICING
A DIVISION OF FNF SERVICING, INC.
August 1, 2013 Account No. 25500600011617
CITY OF ASHLAND Account Owner:
A'KI'N: DAVID LOHMAN, ATTORNEY (For multiple owners, only the first owner is displayed.)
20 E MAIN STREET VALDOMAR J SWANSON
ASHLAND, OR 97520
Dear Mr. Lohman:
LoanCare Account Servicing, as your servicing agent, strives to deliver exceptional customer service and accurate account
servicing.
Enclosed please find the original Promissory Note, dated May 31, 1995 in the original amount of $360,000.00 marked
PAID IN FULL.
If you have any questions, please do not hesitate to contact me by email at judy.sauder@loancare net or by calling our toll
free number of 800-919-3009, option 2, ext 1370.
Sincerely, /
Judy udei, Ext 1370
Acc t Servicing Representative
LoanCare Account Servicing
Cc: Enclosure
RECEIVED
AUG 5 2013
LoanCare Account Servicing BY.
PO Box 8097, DEPT SF Virginia Beach, VA 23450
(800)919-3009 (757)466-2826
You may manage your account at myloancare.com