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.
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~ 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 _ _ . _
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~ 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, _
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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.
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~Address) ~~~"~~a Ave. iS(I81[I~;~ I'I~C~i. Signature:__` '~~~-l-_-_SEAL
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_ r~8 T ~l'! ,L. ~92' - -
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r,~dd~ess) _ Signature: ' st ~ ' C~s!-~ _ _SEAL
- - _ _ _ ~p~M _
,3 "i//~ V~, Va!
~ R ~ ~ Signature; _ SEAL
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~ ~ Address) - - - _
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