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HomeMy WebLinkAbout0186 .C:, 69-40aR-Reoraer from: Fore Line Svstems Box 18527. 7amva 336:~9 ReLlsed,l2 69 Under 15000-Secured w Separate Secunty Agreement ~ ~ . PROMISSORY NOTE $ ?.~?.oo ~ar~h_ 24 _ _ . ~9 _ ~2 F cr v~; e recerved, the u~ders~t r:ed (and ~f r~;~re than one, eaCh of them ointly and severaL'y), promise to pay to the order of ~e:~en :3each 3ank 4~ Camc?erctal 5trea~ Jonsan beach. F1ori+da .~i.Y,;1d ZH~JAr~L Q~t's hUHl~:i$D ~~I.~~ZY_AND ::O OO~ ~ ~ ~_~_DOLLARS (TOTAI OF PAYMENTS). ,,~,able ~n 5~ _ rionthly ~nstaiments of $~~:16 p~c , o day of each successive month commenc- ~n ;1~2'~.Z ~ , 19 tc~ether w~th a BALLOON PAYMENT in the amount of b_ due on '9 . together v:;th costs cf coltection, ~nclud~ng attorneys' fees equal to 10°% of the principal sum or such ,•:-~•r ,i~n;:unts .:s r;ay t:e reascnat~te and ~us~ ~ c.,,:ect2d ty legal proceed~ngs or through an attorney at law. The condiUons. rf any, ~ ref:~anc:n, the La!ioon payn~ents are - - The undersigned promises to pay late charges not to exceed 5% of the amount of any principal payment or payments in default. ~ ~ 4I1 payments made hereunder shall be credited first to interest and lawful charges then accrued and the remainder to principal. The ~ amount of this note includes the proceeds of Insurance (include only if premium financed hereunder- specify types ~ of coverage and state premiums for each) • ~ . other charges _ . - - _ - - o: $ s~,lt~ng ~n an AMOUNT FINANCED of $ ) plus a FINAP~CE CHARGE of ~QQ_ _ _ (wh~ch amount _ udes interest of $ l~~Q~QQ . cred~t i~fe ~nsurance pren~~u~i of $ _ and credit ~nvestigation cost of $ ) ~~.;iUng in an ANNUAL PERCENTAGE RATE of ~a~ The undersigreed has the nght to prepay this Ioan in tull and •:m a refund of the uneamed portion of the finance charse c:^~puted under the "Sum of the D~gits" method. CREDIT IIFE AND CRED~T LiFE 3 DISABtLITV INSURANCE ARE VOLUNTARY AND NOT REQUIRED FOR CREDIT. Such insurance coverage is available at the desfgr,eted br!on t~r the term ot the cred~t: ai i- - for Cred~t Ufe ~r.surance ib? S for Cred~t Life S Disability Insurance Cred~t L~fe Insu•ar.ce is des~red on the hfe cf,._ . . _ B~r!hdate _ _ . _ k ~ C~ed~t Lrfe R Cisab~hty Ir.surance is devred en - c: ~ i ~ Credrt Life and. or Disab~I~ty Insurance ~s not desired ,tP~.al'Ch 1.~Z cS~gnatureL PROPERTY INSURANCE, if writte~ in connection w~th this loan, may be obtained by the undersigned through any person of his choice. If the under- s~gned desires propeRy insurance to be obtained through the creditor, the cost wili be S___ _for a term of_____._ months. ~ In the event any instalment of principal is not paid when it becomes due, the entire amount of this note, less the amount of any ~ rrbates required by law. shall become due and payable at the eleciion of the holder. ~ The holder is hereby authorized to app{y, on or after maturfty. to the payment of this debt, any funds or property in possession of holder ~ !:elonging to the Maker, surety, endorser, guarantor, or an~ one of them. and all endorsers and sureties agree that this note may, in whole or n paR, be extended or renewed from time to time without notice to them and without release of their liability hereon. ~ Presentrnent. notice of d~shonor and notice of non•payment are hereby waived by each nzaker, endorser and other party to this ~ ~ote. and each of them do hereby waive the right to be sued after default in the county of their residence. SECURITY-this loan is secured by a Security Agreement of even date covering the following described prope~ty: < ~ o~sc~~~~ Real _hetate lio~a~a on_ $Iock F~t o! H da _ t~_ st ~i4`~Q, _ - _ - - - - - - The Security Agreement will secure future or other indebtedness and will cover after acquired property. The undersigned acknowledges receipt of a completed copy of this note on the above date. i? ~ ~l ~Address) ~~~"~~a Ave. iS(I81[I~;~ I'I~C~i. Signature:__` '~~~-l-_-_SEAL . / - - _ r~8 T ~l'! ,L. ~92' - - ~ ~ , . . r,~dd~ess) _ Signature: ' st ~ ' C~s!-~ _ _SEAL - - _ _ _ ~p~M _ ,3 "i//~ V~, Va! ~ R ~ ~ Signature; _ SEAL _ _ - - ~ ~ Address) - - - _ ~ ~ ' ~ - ~ ~ N ~ ~ . ~ _ ~ , . _ ~ s