HomeMy WebLinkAbout0173 ~o ~iaue And to ~told 1~~~ sam~•, fu,ye•I~~er tuil{~ Ihe IPIIPIIIPIIIS. ~Pre~~itumenfs an~~ app~utp
~~~uros I~i~n•lu ~?r~on~~ire~, an~~ I~u• n~nfs. issu~~s ~ui~~ pro(ils I~~~r~w~. unto I~~p mortgagPp. in JvN simp~~•.
~1`~ I~~r mu?I~at+or co~~r~~~nfs ~oil~~ t{~e mo?fpn~~ee 1~ial I~e mort{~apor is in~~~•(i•usib~y spiz~i~ o( said
~cuu~ in ji~e simp~~~: f~~at f~~e morf~a~or ~as {~ooi~ ri~~ti! an~ ~au~Ju~ authorily tu coni~Py saia ~unt~ as u~ure-
s~id: 1{~al 11~~ morigagor ioill make suc~ ~urfher assurancps lo per~ec! ihe ~ee simp~e lille 1o said land in fhe
mo?I~~ngce as muy reasu~inbly be requircKl: Ihaf the mortgagor here6y ~ul~y ivananfs fhe titln b saicl ~nnd
~~~~d ~rill ~~p(~n~l the snnie a~tainst Ihe lau~(ul claims u~ al~ persona whomson~~er: and t{~at aaid ~an~ is free
and c~~or o( all encun~hrnnces
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~?rou~ded ~lways, fhaf i~ saic~ mortgagor shall pay unto sa~c~ mortgagee the ce?fuin promis-
sory nu1~ herPina~fer su~?sfn?itia~~y copie~ or ic~enii~iecr, fo-wif: I
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NOTE
FLORIDA tiIRCR~Fr FEDERAL CREDIT L'I~IOl~
Clock No.------
a--9,DO4.IIa_-------- - - - ------------snne_.29~--- ~9__73
For value received, li WE jointly and severally, promise to pay to Florida Aircraft Federal Credit Union, or order the sum of
! EI~__'1~~~~---------------- and ------~Q----/100 dollars
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~ with interest on unpaid balance at the rate of YO.~ per~~ , payable in _ 1~0 monthly installments of
f
F aMt_-~-BIx - and --61----/~00 dollars
,
f
~ induding interest; the first payment to be made on _.T _ and a like amount
~ ~4T-13~3
every month thereafter until the full amount has been paid.
~ ~ Collateraf:------~l~---OiQtt__~_l~l~.~X a MCODQ-mZ~9aQ~--~--~Qln--~_--------
In cax of any defauft in payments as herein agreed the entire balance of this note shall bcmme immediately due and payable, st the option of the holde~
~ ~ Each party to this note, whether as maker, endorser or guarantw severally wsives presentment for payment, demand, protest and notice of protest snd dis-•.
honor on the same_
~ It is further reed b each art hereto, that in case
ag y p y payments shall not be made at maturiq, he shall pay reasonable costs of collection, including reasw~- (
eble attwney's fee, but such charges in no event to be less than =10.
I'WE, the undersigncd do Fxreby p:edge all paid shares and payments on shsres which INVE, have now or Fxreafter may have in this Credit Union as secw-
~ry fw this loan and do further pledge, assgn, transfer and se? over any salaries and/or commiasions from United A~rcraft Capor~tqn, Pratt and Whitney
Aircra(t Divis~on, Florida Research and Devetot~men: Center, w subseq~ent employer which have or may accrue to my/our credit ss uc~rity for this loan; and
rhe Florida Aircraft Federat Credir Union ~s hereby authorized to give such norice to said empbyer as may be necessary to make this assignment operative.
Th~s piedge and assignment is given to secure the payment of this loan and interest and costs that msy accrue thereon, and I/VYE, hereby authorize the
~ Tresturer to apply any or all such paid shares and payments on shares to the payment of said ban and interest costs.
~ I/WE hereby agree thaf the Fiorida Aircraft Federal Credit Union may a~iow thare withdrawah by any parties hereto at iri disv~tion.
e~ I/ W• ~dcr?owl~ly~ notiee thst tM Cndit Union provida, wbj~ct to ~wrmal poliey prorisions, a maximum of 55.000.00 in d~sth and pKmsrnnt
disability b~fits to sny orn individwl r~rdl~ss d ths numb~r of loans involwd. 1 furth~? apres that tM G~dit Union has tM ri~t to apply sny
+Fs inwrar+c~ proewds to my socwnts in whatw~r mam~r it may ehoos~ should my totsl ind~btin~a ~xoNd 55,000.00 st tM tim~ of my d~ath a
dissbility. 1 furth~r ~stsnd that in tM ~wnt mo?~ thsn 7 Iwn axists appliation of inwranq procMds will b~ msd~ in th~ msnnM d~em~d to b~ i~
tM b~st int~r~st of aswrinp wdsrty 6quidstion of slt loans.
It is und~rstood and aOr~sd by snd b~tw~wn tM makK, comsk~r, and Ftorida Airaaft F~dr?al Ctidit Union thst er~dit lif~ insunnet, as provid~d by
~1 ths Florids Airenft Fsd~nl Cndit Unan, is provid~d at tMs expo~ of snd sobly at tlw disaetion of th~ aedit union a~d that it msy b~ t~rminat~d
by ths u~dit union without furth~r notiee to you.
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Signature of Maker and Comakers
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4.e
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- - - - a
~ Jas~~ B. 8M1ad1~r "Flarida documentary stamps required by law in the
~ - (Seal) amount of ; 1~ .00 are affixed to monthly
- - - -
JoanrM M. 6windl~r
~ journal and cancelled.
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