HomeMy WebLinkAbout2072 7"~ • NOTE AND SECURITY AGREEMENT Eq4'jo E F~N.ANCE
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1I- LFSTER LS$ SPAI~IOIiiARD, JR. . 1 a?it oe uw~ 6-2-bT .
AND HIS MI1~E~ VIVIAN SPAINAOWARD ~wou~rr o~? 00 04
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• : o A6REE0 RAiE OF INTERESTi
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DI3D~A8EMEI1! YO~CHE~
~ .h.. w~st . anwr .~a i~t....t .t s~. .s*aa .st. r ~.:.N.
llmount d Loarn _ i 600. ta a..~ hsw a w.~....dea.b: ..ei f..t~il....t bl.s
DEDUC?IOIiS iN ~ tM ~ rs ~t Nd MatY iKlast4 wiia l~rw! w•
Balance Due on 1.0~1 No ~ aeat IM i~t~ ~ tl! wtlr~ wuf. Mr LMe~at, b/~M L
lnlerest !or days ~ ~
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D~oc~im~nt~ Stmnp ~ N O T E
Reeardinq Fess - ldortgags 3•00 ~a1M ~+edNi. W i~sls~. J~tis a~i ~e~il~. ~r+aiw t~ N~
Auto Gen ~ M W~w M~i~r. ai Id ~Mw ~ tM ?ebNN1 wut ~f tfls wt~ bpti~e
Retemi Fees - INon . 9 _00 •~a ~.~.i..e w .sr..a s.a ~ ...wr ~..t.u..~t., .n a.•• .ae.a,
MJ 4Q4s ~ ,w ~.,~,...a a r.~ .~~.a a..s .~a ~.~..wt w. a.. ..a w .r..r.~.~
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Credit 4te Ins. Prem. T!~ a~MH M1~w ~t ~Y ..1~. sr sa~ *art I~eea.l. ~Id aeer~i ht«wt
Lsss Reluad _ ~7?. ~t tM ~~tl~a ~t W~nis~. M W s~1 ti~w
D~6dt L/4 M7wt K y7 tdt~La~at d tls ~rlaeiMl or I~Wwt
Net Credit lits Dsduc1ioa :•1~ ia+.~ .r .e s.~ Met ~t ~iwr. .?~il. ~t tb •pw¦ •t tb ti.taer wre.t. ..a
N~1d A Ins. P»m. wttM~t a~t1e~ ~t i~N. eNa~r tM tbe¦ ¦s}~ii b~ta~e~s et tie *rl~ctN1 Me«t
~M ~eeeMi IiNnst Mrw~. ~t we~ iN aN N7~~. ~d4f all aaq ~t
Lss RsIutN1 ~i eHMeti~ ~i ~tMn~e7'~ 1~t a11 M/M sthat tVt ~ei ~tt~rN~'~ !eM
N~t 1il 6 H Deductiaa ~ hd~~Ma 1~ ~ j~i~~s ~at~eei 1~rew.
fslrsiw fis tlr ~l M7~~ ~ all ~r aq ~rt d t~ w~u~ ~nis~
DffiDU8$~1'S be.M at w ti~. ~e tl~e+. ~r.u a.t .tt~et w u.rwb •t ..s /~rts yeret~.
Checb 1o Uadsrsigned aold '~Y~ p~ «twwieisM ~wtvt •t ..t+?te.eat E.sud *.a•iret
JBrebaon Dodee _ h~. ~Kr ~~i.+.alTl .r 1.,., .a ll.sla. a.t B«w, ls .t cYN~tK sli.
~ ?M r[~ta ~aei Is lkw~si !M Bt~b ~f ~rt~ t~ ad~~ lwti
~/K tis Sesl1 Iw~t L~ lf~riL, Cispt~e 1~177. Act~ ~t 1lRi. ~ wai~i
~ b C~~ f~9l~. 4~ ~t ~l/1. a~i Cylt~r ili. r yeaiei.
rad D.duclioos m,d As~r~smeub csubaac~) i 6~•~
Cmh R~c.~si~ed bY Undersi9n . _ ~
SECtlRITY AGR~MENT
The uodersisoed. brnioafcer rderred to as Debcor. 6erebr acknowkdse receipt d~ bas ho~ d~e abo~e nsmed tenda. bereinafcer re6ae~d co as
Sccured Par~r. as e.idenc~ed b~ a peosis~w7 noce of e.en dace 6ee~ewit6. e:ecaoed b~ tbe radasisaed wd p~~able to the Securcd P~rc~ uu t~e aaouat
and upon the teteas as abore spitd.
Now~, t6ereforc. in consideratioa d uid loan and to furt6et securc t6e pa~mewt of said eooe md m~ oo~e ot ooces exeavted ~ad ddi~ercd w Setured
Putp by Debtor u any time before tbe tt~ti~e indebtedness secured abors bereb~ shall be p~id ie fuL bot ~rithin fi~t ~ucs fmm tbe due beeeof. e~idenc-
ing dther s futurc loaa by Secured PaetT ot a refioaocina of an~ uapaid balaece of t6e oote desccibed or ieoewal chereof, or both wc6 futu~e Iwn and
r~mncina, but aot ezceedinj ia [6e su[c~ate.sn unpaid principal amouat of:600.00 at ae~ ose tiae out~aadins. the Debtor berebf coove~s and
mwtgages to said Secured Patty. its succes~ors and assi~ns. Ehe soods aad c6uteb 6eaioafat dpcr~cd; pto~ided, ho~reoer. if said Deb~or shall paf and
discMarse ssid aote or naa accordiaa ~o tbe trrms c6ereof. ~hm this Ajrecment w case aal aqiiuue snd be ~oid: ot6erwise so rsmain ia full foree
and dfecr. Al! pa~ments ~adc u anr time on said nae or notes s6aU be spplied fir~t to inte~est thm duc accotdins to c6e cerms of said ao~e aod d~e
remaindcr to the principal of said note until paid. T6e unpaid balaacc oF said nott or ootes at anr pat ~ereof, ptus acuued iaterest, mar. u tbe opaon
of the Debtor. be pnpaid u my cime.
D6BTOR REPlt6SEN7'S, WARRANTS. COVENANTS AND AGREES: t6ac Debtor is IawfiiU~ sei:ed of. and hu sood rig6t and t~le, free (rom
encumbranres. [o mottgase and ple.lse said property; to Jcliver CertiBcue of Titk (if an~). s6owias t6is lien. to Secuted Party; to keep uid peoperty
Free of all ta:es, lie~ ind rncumbnoces; e6a aar pa~meot or dischuse (b~ Secured Pan~) of wea. lieas, insurance aad encumbranoes oe uid pwpere~
or any aher amount owed [o Secured Pare~ by Delxor shal) be secured br t6is Atreaeear. m keep said peoopert~ covered by wch iowranoe as Secured
Partr may from time to time rcasonady requese. plaring such insurante wit6 coupa~?ies acreptable to Secured Party and to deliver wc6 policia (with
loss payaWe dause iu favoc of Securcd Part~) ~o Secured Part~: to app1T the pwceeds of an~ iawranoe. reEardkss I~owr ~ealiz~d. w cl~e liquidseion of tht
amount due; not to rrmore the pmpert~ fmm tbis ~tue. nor to use it illcgall~. improperfr or for hire. oor [raesfa aoy iatetest thereia writ6out prior
w•ricten consen[ of tl~e Secured Part~ ac w~itAout ucounting to Serured Part~ fot t?e proceeds of anr uansfer: to pay all recordina and at~er charaes io
connectioa herewrith, as vdt u releuins chuges. if anp; to 6old and sart barmlas tbe Securcd Patt~ from au~ aad all liability uisins from ehe use of
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Debto~ raay retain possession of said c6ands, accessoties and equipaetK. u bas as ~6e p~.~meocs on s.id note ue made b~ tbe due due thereio
pcvrided aad all aher covrnana of this aatenneat ate fulfilkd. buc Debco~ m~ oa permanead~ «mo.e said p~upercr From d~e Coua~y w Saa w+id~ouc
the rnnse~n of Secured Party. If Deb~or faik to pay any inscatlmen~ of uid eae w6en due, or fiib to perform say of c6e cvvmaau bersof. or makcs
ddaWt in any respect, or uses said propertp convsn to law~, or if Secuted ra~q feeb insec~utr (or ao~ [eawn ~r6atsoe~er, chen all iastallmena of said s
na[c shatl at the option af Secured PutT. w~ithout notice w demand. become immediudT dne and parabk, aod Secured Part~ msp take possessioa ot and
remove without liabiiity said pro{setty togalier with any otber cbutds ot tLiq~s amc6ed thereto ar tberein rnobiaed..wit6out notiee, demaud. or Iegal
process. The Delxor agrees. in the evcnt of declara~ion of de(ault bp t6e Secuied Part~. tbat be s6a11 as~embk such mUaterd ~ad make it availabk w[he
S~currd Parcy. u the De6~ur's place of residence and the Secund Pstt~ ma~ dispose of wch cwlutnl on said premises. The Deboo~'s plaee of tesidrnce
shall be u the address 6iven abovr, ur, in the erent of nmoval of tbe collatstal or soods from said addceu wi[6 che Secuted Part~'s consent. [hen the -
addros to which such goods m removed_ The remedies availabk eo t6e 3ecund Pac~~ shall be so•erned by. and the Setured Part~ shatl proeeed in sc-
cotdance with, tht provisions of Artide 9 of the Uniform Commetcial Codt of Flarida, effectire Jan. 1. 1967.
Any wai~tr or indulgence of anr defauh in any of ued terms, cqaditions. covee~nts. ~epeesenqtions and asteemenu shall not opente u a w~airer of
an~• subxquent defaulc: each and evcry remtdy 6erein connined shslt be cu~eulati~e md in additioo to c~er~ ather remedy sivcn hercunder. or now or '
herrafter erostins at lawr or in equity, aod nat akemuive. In the eveei of noa-pa~seat (whm due) of t6e amount due or anp inuallmrnt theceof. Secured
Putr malr sue for and recorer, wicl~out «posses~ins or otAerwise resorteAS to said poptiq and ~ritbout waivina the right to do w, tfit ~vhok or any
put of e6e indebcedneu xcured hereb~. 'll~is A~reemrnt sball be bindias oa the bein. e:ecveors, adminiuratoes, wccesson and assises of the Debeor,
and as to all uf its riglxs and priviteaes it sbatt inurc to tbe be~t o1'tbe succeatWS sod assiaas oltbe Secured Party. and it contains the enti~e asree-
mcne becwreen the parties heoeto, ti[her rerbd or w~rinrn. e:cepc u xt fortb io the pe~wnissory note of eren due herew ith. 'Che Secumd PartT is audw~-
i:ed to correct crrors in this Aseeemeot and the oote e:ecuted in rnnaeccioa he~ewic6. _
d~ Mak~ of Autoanobil• S~riof Nwaber Motor Nuwb~r ~ eodr Srrte Cyl. -Yeer Model
'''y"""k Ford ~ 1961
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All of ~he 6ouxhdd soods of ever~ kind ~nd dacripcioo aow or 6teeafar owaed b~ tbe Debtor and now or bensher located io or about e6e
Debtor's tesidence at t6e addras sbown bercon, includins but not beinj limited to the fotbwin=:
Mw Mw Mw Nw
t3old a~uch 1 old chair 1 atfors rocker 1 ~urtis athis T
M nit di nette 1 ec~ore xasher 1 2 HR set
Complete writ6 dl equipment. parts snd acCessqries oow~ thereoo or heeeaker ~ttacfied ot placed a b~ t6e Dtbtor.
Deb~or l~ereby ackoowledsa aceipc. or oue' _thcm if~~ cwo or a o! ' loan iere secured.
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