HomeMy WebLinkAbout0992 PROMISSORY NOTE
s 5484.60
~o. .
- Februarv 15. , ~9~
For value received the unde i ned (and if more than one. exh of them oint and several romise to to the order of
Jensen ~sach ~a~k, 40 Coan~ercial St. , Je~sen Beach y~~gorida ~~4__~,
!~~e sum ofF1VB thou~end ~OUr hundred ei9hty fOUr e~td .6O~ZOO ppLURS (TOTAL OF PAYMENTS).
payabie in 60 monthly instalments of s 91•41 each, on the 16th day of each successive month commenc-
~ng on March I6, , 19 T3 • together with a BALLOON PAYMENT io the amount of ~ none due on
~ n011f , 19 . together with costs of collection, including attomeys' fees equal to 10°~ of the principal sum or such
E !arger amounts as may be reasonable and just if collected by legal proceedings or througb an attorney at law. T~e conditions, if any.
! for refinancing the balloon payments are nons
! The undersigned promises to pay late charges not to exceed 5% of the amount of arry principal paymeM o~ payme~ts in default.
` AII payments made hereunder shaU be credited frst to interest and lawful charges then accrued and the remainder to prindpal. The
~ 4000.00 ~y ~
~ amount of this note includes the proceeds of : . Insuranoe (include only if premium financed hereunder- s
~ of coverage and state premiurtts for each)
~ Pre~s. Credit Life Ina.
of y 205.67 , otneruwrges State Dgc Stemps of i 8.25
a 4213 92 12T0 68
!resulting in an AMOUNT FINANCED ot S • ) plus a FINANCE CHARGE oi s • (which amount
~ includes inte~est of ~12~5.6~ , c~edit life insurance premium of s and credit investigation cost of t 5~00 )
~ resulting in an ANNUAL PERCENTAGE RATE of 18~90 The undersigned has the right to prepay this loan in full and
obtain a refund of the unearned poKion of the finance charge computed under the "Sum of the Digits" method.
~ CREDIT LIFE AND CREDIT IIFE 6 DISAB:U7Y INSURANC ARE YOIUNTARY AND NOT REQUIRE~ FOR CREDIT. Such inw~sntt cowrsp fs availsW~ ~t th~
cost desigeated below for tM tenn oi the credi~ (a) i 20~ ~ fw Cndit Lile Insurance (b) i tor Crodit Lih 6 WsaEility I~urance
r_heck ~ Crodit Life Inwranc~ is dasired on ths lite of 6eoraa L_ Pearse, l 8i~thdst~ 12~15~2a
APP~• ~ Crodit Life d~ Disabitity Inwrance ts desirod on
Box
p Gedit life and/o~ Disabilitr Insurance is not desirod. ~
'4 rDate) Februery 25, 19T3 ~s;~„t,,.~ ( Fr-* ~ .~y.._- J"~.
~ PROPERTY INSURANCE, if ~rritt~ in conn~etbn with tAis Iwn. msr obtalned by the ur~das7~wd throuth sny p~rson of Ais choice. Ii tM und~r-
~ signed d~sins prop~rly inwranc~ to b~ obtatn~d throu~ tM crod'itw, th~ co~ will b~ i fw a tKm of moMht.
~ , In the event any instalment of prlnclpal is not paid when it beoomes due, the entire amount of this note. less the amount of arry
- rebates required by law, shall become due and payable at the etection of the holder.
- The holder is he~by auttwrized to apply, on or aRer maturity, to the payment of this debt, any funds or property in possession of holAer
_ belonging to the Maker. surety, endorser. gusrantor, or any one of them, a~d all endorsers and sureties agree that this note may, in whoie ot
~ in part. be extended or renewed from time to time without notioe to them and without release of their tiability henwn.
Presentment. notice of dishonor and notke of non•payment sre hereby waived by each maker, endorser and other party to this
note, and each of them do hereby waive the .ri~t to be sued aRer defauR in the county of their residence.
SECURITY-this loan is secureA ~r a Secu rrt"y reement ot evtn date covering the tollowing described property: ~
%YYXM]LZi1M~X1C~EiEXXBi~K~~tt~f~~M i
~ tDestribe) ~
~ Lot . Lot , u y a+prove , o ey- ut
The Security AgreemerK will secure futuro or other Indebiedness and will cover after aoquired property. ~
The undersigned acknowledges receipt M a completed oopy of this note on~ above date.
a!• ~
Slgnature. ~SEAL
2=~ ;Address) 727 kelnut pve.. Bohemi$, N.Y.
~ - '
~ lAddress) Slgnature: SEAL
~i
K (]n
~Aderess) 9C1L?K~~ai P4GE J~3o Srg?wturo: SE/u. ~
~ REGULATION "Z" DISCLOSURE COPY NON-NEGOTI~.BLF
~
~
yl _ . r~
'°~.~..~nr_ _ . . i.~`.a`~
- '~`y_.ai .