HomeMy WebLinkAbout2059 - ~ , . _ ~ . - " - BB~ . - - .
. _ INSTAILMENT NOT~ '
(Setu~~d aod Unsewndl
Note Nu~.~/ ~ V~ O~t~: Novembex 29 19 ~3 ~ Due: ~g 9 b0
S - •
. • loao TKms.
,~`nr~~ F~ yht MrY~ths -r-t~-_... _ . _
a~~e. da~t the unde.s~geKd.l+NS~~afur call~d M~kti.lu~nUy and s~w.~il ~ P~oc~Ws ~_f sQQ~J.00- _
v wom~s~tti 1a valw rtcr~ved p~NANCE
co wv :o t?+e orde. 01 JENSCt~/ BEACH BANK ~ " - Mre~e?~ItM ta11W Bank, at s• 1 CfnS ~1~
CHARGE
olt~c~ ac .Arnwn BNrJ~. Flwida tM ~trm of : ' - ~ - - - . pa~„~n~~.y - - • s 7.80--~_
polla~s SNn+p:
Cred~t t~?e 10~ ~
~1~•° `t~ G~C 1'1'j ~'lA 7rt[11"Atl Ni a}~ Thrn ~nA RA .~1 s
~1G ~ ~ LL_~L 8 ~.r~3.+~..~..~-~ ~ ar l~f! d~ O~ s 15~.8'~
sab~atyl
w~th .ntr~nt th~xar~n o~ ~~+r rate of 7~ p~r +~Mw~n. all payibN +n '!R Inwrance
^ V la~ ~ Z,7 racl? On tM 1 dsY OI eiCA 7ute~uiv~ mOe?th QtM~ f~trmrta? s
mo ~hf ~uitall~nsnls ol s
C.r'ecil l '~E'
cu~nrnrncu+q on Ta11u~~ 1 . 19 • 7d ~ top~d~ with ~ BAILOON PAY- ReC01C Fe~ s
IWEMT OF S None o,~. , 1g NT~~Q• a~. ~n
A turr canouted a~ thr rat~ ot s.06 DM S1:+OQa?Meh ins~sN~n~ ~n d~lau~t toi ~ P~.~od ~o . I~INANCED s. _
r~irf! of 10 da~/s ~niy b~ tharyed d1~ Mik~?. ~VO iuCA f~IM fhN1 ~xtted SS.OO. M~kN is ~equir~d t0 psy S~panaly ooli~cted
a~i oos~s of collrce+as. incl~+dr?y s~s~so~ww u~ornry': t» it reF~rrW /or colNetan c,r IqM pro- ~s (itemi:e! s
ceed~ngs, nu payn~+is. wn.tl~ w+i+e~pal. uu«+st oe alwv«w, ~eu~wd vvlan? dw sna~~ bwr . .
mte.est at !O'~. ph arn+um IrOm dut d~M uoQl prid. M1 prymM?ts n~sd~ Aareur~d~s shsN b~ credusd s
nrsc to ~ntaeu, thee to ~awfu~ c~wyn chen ~ccrwd,aed la~t to princip~l. ANNUAl, PERCENTAGE i~ATE 11•
29 x
If the 1w~n is pr~paid ~n fuN; soa~l~atd or etfin~nc~d. tM UANcN sAsN as of th~ 6~~ of wch e~rent no~~w wch refund of dM unwMd portip~ of tM
ued+~ ate ~nwnnu premFum and firrnoe c.harye ~nd ~ueh ot1+K cr~dit as m~y be rpuu~d by law or ss may b~ Mussary co avo;d usury. pro,,,pb ~
Hotdn maY reuin a m~~umum fw+snae dfarqe of u5.00, wIwMM or not otMrw~fe M~Md. aRrf exapt in tM cas~ of s refinsnciig. np finr~p ch~~y~ pr p~.
~um relu~d shsll b~ madr ~1 it snwunts M less thsn i1.00. qstN?tion of anY mimmum finN~p s~s11 b~ in adcl~tion to serv~q tA~ry~ i/ any. Any I~~gu~
wM*e he.t~~ to th~ conirwy ootwithsiandirg, ~ieMr B~Ic nor any Aotdn Iwnof shall ~~cewe w naie ~ny cAsrge a inca~st rwt al~owetf by Isw. -
As s.cw~iy. tor ~M psym~nrof Mis,+oa UAAalur Ms pl~d or Wpos~e.d wiM 8ank ehr followi^4 t~?q~ertY: _ -
R`_FF_ Mf'(3_ nosaA ~ xinne T~rirrwamnn~c - "
l~ncluding sll cash. stock and ocMr div~Wnds and sll rights to wbacribe for s~cwit~es inc~da?t to, dschred or ~anted +n oonnset;un w;tA wcA qopenY). wh~d?
p~oper~y. tog~tlrr witA alt ~~tiona and wb~titutions hwNftw phdg~d o~ d~osit~d aritA Bsnk n pllad tf+~ Coltater~l. The C.ollatasl is also
P~~d is s!-
tunty for sll othK Iiab~l~tNS t0 8inlt. (prinltry. »o0ndary. ditrCt. oOntitgent, soN, /Oint or ssvMall. dW O~ to bKOrt~ dut Or whith msy ps Mreaf tK tan-
tract~d w acqui.sd. ~f e~cA Mslur•lar of each NI~kN and aMl othet plrsw~l. Ti~s wrrendN of Mis ewte, upon p~yrnc~t or othawist. sl?~li npt stt~et tAe rght
of Bank to rersin th~ Cot4cersl for wcA otMr tiabilities. -
CREDIT LIFE ANO CREDIT LIFE ac DISABItITY INSURANCE ARE VULUNTARY ANO NOT REQUIRED FOR CREOIT. Suth i~surant~
cow.ay~ is awitabts ar tht cost d~sip~snd below fos tAe mm of the aed~t_ (a) S 7 S S_80 ~ for G~dit Lit~ I~uunnce
ru
Itr) S fot Ged~t L~if di Oitaibility Insuranc~:
Cneck -
A~• GI G~t L~i~ Inwrancs ?sd~sirW on the 11te of Tk~mF+ni r ni Maiirn
Box • '
. _ eutfidate K_t-23
. O Crsdit lit~ 8 D~sw~~~ty trouranu ~s d~s~nd on ;
3
Birthdate ' '
? Gadit L~f~ sndlw D~sab~iity lnswsnc~ ' not d~s~r " "
Nov~~r 29. 1973 '
Dat~: °
Sigostwe
S~gnstun -
AdcGtions to, ~eductiona ar exchanges of, or ~ubsc~tutipns far tA~ Collateral, paymsnts on account of this loan o? inchaszs .,1 ~he ssme, or otha loans Y
msd~ part~ly o~ wholly uport tlu ColHteral, rnsy bom time to t~rtt~ be msde vwthout affeti+rg the prpvisions of t1~is r?ote. Bank shall e:ertise ~easonsbis `
are in the custt~y and preservation oi the Colbt~ral m~fie exttnt requ~red by applicsbis statutc, a~d sAsl1 be deen+ed to Rsve exac~s~d reasonable pre if it
rnk~s such xtion for tfist purpos~ as Msker shall ressonsbly nequest in w?iting, but no omiuion to do any act not requeseed by Maker shall be deemed a tailure
to exercix reasonsble nre, and no om~ssion to oompy w~th any reQuest of Maker shalt of itself be deemed a fs~lure to cxercise rraspnaWe care. Bank shsll
not be bound io ~ake arhr steps ~ecessary co preserve any rights in the CoUateral aga~nst p.ior pxties and Maker shaU cake atf necessary steps fw wch pur-
poses. Bsnk or ~ts norrnnce naed not cntlect i~taest on o~ principsl ot any Collatersl a give any natwe with re~ect to it.
If the Collatersl sha11 at att~t time Wcome unsitisfsetory to Bank, Maker si~sll Mnthin one dsy sfter den?ae~d pled~e and de{10s~t with Bank as pvt Of
tfie Coltateral addicional O~~h? wl~ieh n sstufactory ta Bsnk.
If Bank d~sms itreif inaaourr, or upon thel~app~nirg of any of ths following ~vents, each ot whidtshsll oonstitute a oeMult hereunder, all ladlioa of ~
each Mslw io Bsnk shall thareuppn or theresfter, at ths aptian of 8ank, yrithout notios or demand, b~com~ due and ~syabte": (a) che failuro of any Obligor
(which ta.m sl+st~ rrrsn and incbd~ wd? IrAs1w. a+dor~er, suroey. s~d guxantor oi this not~1 to perfwm any agreemant M.~undtr. to pay inurut hereon
w;thin tsn days afteric is du~, or if d»re b~ no dw dat~, sft~ it is bi1Nd or otherwise rpueated or d~rtw~ded, o~ co pay any od?sr tiabifity whetsosrer to Bank
wFwsi~ dw; tbl th~ dwth of anY Oblipor: k) tfN filinp of s~ryr p~tition unda ths Bankrupuy Act, w any similx federsl or stats statut~, by or apainst any Ob-
ligor; !d) an applicstion fa tM appointment of s noeiw~ fa, th~ m~king of a g~sl assignmsnt for th~ 6sastit of cnditan by, or Ms insoNe~q of any
()bligw: tM Mtry ot a jucig~nwnt s4pi~st anY OWigor, lf) th~ iswing of any attacl?mMt or gsmist~mN?t, w Me filing of any IiM, ags;nst aiyy prpp~rty pf
any OWigor: f9) tl~e tsking of poa~ssion of any w6ttantwl psrt of chs propaty of sny Obliga at th~ instsnc~ of any govemrt~enrel auchoritY: (h) tt+e dissolu~
tion, me?gs., comolid~tion. or rso.gsnization of any Obligor: (i) tfie assignment by any Maker of any equity in a~ny of the Collsoersl without Me writcert con-
sant of the 8snk. Esch Obligor h~nby rraivp any requirsmN~t of notitt a clertnnd r~flecting wch stoleration insohr as such requirert~snt be in sddition to
Me rrnrc exe.ci~ of ao1? ronMdll ~ord~d in tAis No» or tt~ institutiom of wit bv ths then holder. -
Bank st?sll hare, but sha{I not b~ Iimind co, tlw followinp rigbq. esch ot which m~y be exercisod at amr tirn~ wAeths. or npt tAes ~ote is du~: 1~1 to
D~edg~ or va~sfer this note snd th~ Col~atersl and gsnk shsll tAereupon be rel~evM of all duti~s and reipw~s~bilities hereunder and rel~ered Erom any anA all
t~ab+hry with rrspect to any CotlaaM so pladged or bansfened, and arvy pledgee o~ transfsree shatt iw all purposes sta~?d in the plxe o( Ba~k hereurMer and
have a1t the ~~ghts aF Bmk hereunder; (ii) to transter the whok w any part oi tMe Colbterat into the narr~e of itself w its nominee; (iii~ to voie the Collaceral;
(~vl to not~fy the OW~9ors o( any Co!latrrel to mak~ p~yment to 8ank of any artwunts due or to becorns due tl~creon; !v) to dsmand, we for, collsct, o~ rtuke
any comprom~se or settlement it deems desirabli with refaenoe to tl+~ Coltataal; and (vi1 to take co~trol of any procee,,ds or Col~aee.al,
Ba~k is hereby given s lien upon snd s secvrity interest in all proparty oi e~fi Qpligut rww o? st any time heresfter in tM poat~ssion of Bs~?k in anY
capsacy whs~soere., includ~ng txrt not limieed eo s~r b~l~nee w shsre of any Wposit. trvst. o~ agency ao~~ount. as the murity tor the psyrnent of Mn note,
end a sim~lx I~en upon and seairiry intsrest in sF! s~idf property of esd? Msker as security ter the payment of a11 otNer I~abilit~es o1 esd~ Msfcn to 8ank (~n-
cludir~p fubitities of each Maker and st~y other perton?; and $a~rk shsll hsre the same ~ighK as to wch p?operty as it hss v~ntA retpect to the Collstdsl.
If Bsnk deertn its~If ins~eun or upon tM oocurr~nce ot sM? defsult hereu~xier 8ank sAsll ha~ tM foreciowre and otAer remedi~s of a s~cv.sd party
under tM Uniform Commerc~al Codt, or oth~r sppl±csbb law srb, witAout limit~ng the 9enerslity of the forego;ng, gsnk sha~1 bsMe the r,ght, imrned~stcly and
w+thout funher acuon by it, to s~t off spain~t tAis not~ NI rtwrky owed by Bank in sny capse;ty ~o esch or amr µaker snd ii wch s~t off shN! oocw, Bank -
sAaN be deerr+~d to Asve exetCised wth rght of s~t oH snd to Awe msde a charg~ aga~nst u~y such rrwnty ;nxned,~tely upon theoc~urranpof such defw~[
exn though wch chs~g~ ~s rr~ u entar~d o~ tM books of Bsnk subspuent c~+erem. Unless the Collstenl ~s per~shable o. tMqtens ~o d~ct~r~ s~a~d~ly in
value or is of a type cuseortwily sold pn a recogmz~d rrorket, Bsnk will give Maker reawnsbl~ notice oF the time and p~sce of any puWic 3sle thereof o~ af
the time after wh~ch any privste sal~ or srty oefw intend~d dispositio~ thereof is co be msd~.The requirert+enc of reaw~abla notiee sh~ll b~ met if wch notioe
~s msited, postsge prepsid, to any Msbr st thr ad~dr~s given bMow w ac any other add?~fs sFwwn on tM records ot the 8ank, at Iss~t fiv~ dsys b~fon tM
c~me ot ihe ssl~ or d~sposition. Upon d~spositio~ ot arry CoflatNS1 sitei the occwrenu of any defaulc hereunder, M~ker sha11 bs end ?srnai~ Iisb1~ fp sny dr
!K~ency; s~+Q 8a~k shall xcount co MskN for soy swplus,but 8ank shs11 hare the ripht ro apply sll or aoy part of sucA w~plus (or to hotd th~ sarn~ as s r+~ve
a9ai~st) anY and a11 othe? I~abilitirs of esd~ pr soY MakN to 8ank.
No de?sy or omission on th~ p~rt of Bsnk in ex~rcising any riqht h~revnder shs11 opr~tt is a waiva of wch righe w of sny otM. right und~r d?if nots.
Presencmertt, demand, p~otsst, notid ot disho~?or, and extension of time without not~ar s?e Mreby wai»d by each and ev~ry Obligor. Th~ Obliporf, joinrly
.and s~vwafly, prwn~ie and apre~ to pay all oosts of coll~caoi+ ar+d rea~onable stto.nsys' tNS f~ot ~sss tA~r? 10% of tM p~ncipM wim) incu~nd or p~id by Bank
~n enforuny this not~ upon tM oet,urhnp oF arty d~fsult. Any notiw to Msker sh~11 b~ wf(icie~tly s~Md for s11 pwposn if Nft upon or pl~oed in tM m~il,
D~~ G•~~, addressed to tM pr~rtfi~es ~t the sddrns shown bNow w any other addr~~s shown on Bsnk's ncords.
WhMhrar this not~ is ex~cut~d bY a eo-n»kM o~ ~ndonN wiw tlf~ wifa of ~ m~kK or e~dor»r, tM iaid-*ii~ ~~pnaly acknowl~, the
wid?in drbt ~s fw~ joint M+d individud drbt. V tA
~ (al ~„~c~''ZV
Eseh oi Makw aekrwwi~dp~r ~aipe of s canpl~tsd eoov ot this Noa on N» sboM d.~~~~ yi,r
rlddw' 1 ~ .~1'~ ~ _ 7 1 `%i ^ ~ ~a ~
GS~a1
. . . r^lori~a 33~~~J ~~re:.ic ~L'~a,s:o :
-
~ss.+~