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PAR~' II TROPICAL T~LCO FEDERAL CREDIT UNION
' ~ • PROMISSQRY= NOTE - - ; . ~ ~y,
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Date 10/2~/~ Note No. • ~27~3 Loan No. Acct. No. 55407 Nct
(a) AMOUNT FINANCED ; ~',000.00 (b) CHARGES (doc stps) g~pp (c) PROCEEDS (a - b~ a ,~~y~ ~
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(d) No. of Payments 100 (e) Amount of Payment ; g,~~pp (fy Frequency r~~a~t?-p~Y
(g) FIN~iNCE CHARGE (totai interest) if loan is paid according to schedule ~ 3~~2.00 Interesf ~begins
to accrue from the date of the loan. if the first payment is made exactly 30 days from the date of the loan, no adjust- '
ment need be made on the fINANCE CHARGE. If the first payment is due in the same month, interest will be sub- i
tracted from the FINANCE CHARGE for all the days less than 30. If the first payment is made after 30 days~ interest will ;
be added to the FlNANCE CHARGE for all the days more than 30. The FINANCE CHARGE is ;.03 a day per ;100.00. .
When applicable 1 request that ;5.00 be deductec~ •fro~ the proceeds of this ~oan and placed in my _ aFcoun~. ~
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(h) The first ,~iayment to be made on the last working day of- '+OV' ~~72 -(i) Totai of payments (a -f- g~ ~°52?. ~
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Collateraf `+'x~''~ ;an ~-F SEC'v~ "~~T.:tr~ ~
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As maker of this loan, I certify that the debts given to the interviewer represent all existing debts. _ AN statements ma~~
including those give~~~}y~ ~he;,interviewer are tnie~ ~om #Q~~, gn submitted for the ur oi obtainin `credit. I under•
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stand tF~at if the req~ ~s de~ied t have 60 days_to"tile~.a1wsitt~iyrqq~~'.~.~~.;~~~~~~~he` denii~. I acknow ge
recerpr or a copy ot this form which includes the credit disclosure.
For value received~ t/We jointly and severatly. promise to pay to Tropica! TL~cA Fgderal Credit Unj,Qly,or order, the amount
t;nanced with interest on the unpaid balance at the rate of ONE PERCENT P f~ R~10 H'QN THE ~?NRA1t~ BACANCE (1~,)`"~
ANNUAL PERCENTAGE RATE 1296, payable ir~,monthly installments each ntl~ u~l th~ full anAbtmif has been paid. The ~
mak hereby authorizes payment to be made by payroll deduction. - .
In case of any defautt in payments as her~in agreed, or in case I/We terrriinate employment~irough a~Feave-o~-at~
sence or other reason with any of the companies namec! below~ or in cas~~ 1/We transfer from the operating territory of
:t?e Fropical Telc~= Federal ~ Credit Union' (as defined in the charter), the enti~e balance of this note sha{I C~ecOm~ imme- ~
diately due and payable, at the option of t~e holder. ~'f
Each party to this note, wheth8r as maker, comaker, or guarantor, severaly waives presentment for paj?mer~t ~emand, protest and~f'!
, notice of protest~and dishonor of the same and further waive any objections to suit being brought in Dade and/or Le~n County, Florids. It
is further-egreedby each party hereto. that in case {iayments shall not be made at maturity, he sha!! pay a reasOnable`fee for costs of col-
! iection or attomey's fee, in case this ~ote is placed in the hands of an attorney or age~cy for collection. I/We, the=undersigned, do hereby t~
~~'~,d~,e all paid shares and payments on shares which 1/We have now or hereafter may have in this Credit Union as ~eCUrity Eor this loan
' ar;d do further pledge, assign, transfer and sei over any salaries, commissions and/or severance pay from Southem'BeH Telephone atid'~
i Te~egraph Company, American Telephone and Telegraph Company and Western Electric Company (employer) or any future employer which
; have or may accrue to my/our credit as security for this toan; and the Tropicat 7elco Federal Credit Union is herebY authorized to •give
! such notice to said employer as may be necessary to make this assignment oper,~tive. This pledge and assignment is givan to secure the pay-
! ment of this loan and interests and costs that may. acCrue thereon, and,_1/Ws tt~teby authorize thq:•'fr~tsurK t~ appty ~ny or aH sucA paid
~ ~t,ares and payments oi~.~lrares to tt~e payment of said Ioert.sr1d.iMe~h:and co~tS..=1/yVe t~net?~f.~t~,Nb:thst the Trppical Telco Federal
Credit Union may allow share withdrawals by arry parties here~o at its discretion. '
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! a~id shall perjorm, comply with and abide by each aud every the stipt~latioiis, agreements, con-
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di!io~ts a~id co~~enants of said promissory note-a~zd of this deed, then this deed and the esfate 1~
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; thcreby creatcd shall cease and be null and void. ;
~ A~'D the said 3lortgagor~., for themselves and their heirs, legai
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~ representafites and assigns, hereby eovenant- and agree: . ~
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