HomeMy WebLinkAbout1877 ~ ~ :~,c ~ ~ ~'i . , ~ . ..T~
- ~ ~ - SECURITY AGREEMENT AND NOTE ~ r ~ •
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SC?':tt:r~~ i:f~~'d ' • ~ ~t ' ~ rf): t ~Ir:'l.(`~ 1
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~Name) j N~ .~nA Svee~1 ~C+~y) ~C[.icc j
(Customer). fo~ valuable consiAeration rece~pt of which hereby is ackn~,wledged. hereby grants to
~lc~r ' ~n': ~,t '~•r -~r.:~
(tfia Secured Party)~ a Security Interest in that property described beia~r in Paragrapti 12 and any and all in- 4
uqses. proceeds. parts. accessories. attachme~ts. special tools, aJdition~~ accessions and subsututions there-
00 or therefor (the Collateral), to secure payment o( che indebtedness evi~enced b~ this ag~eement. any exten-
sions or renewals thereof~ and any and all liab+lit+es. direct or indirect. absolute o~ co~?ungenc, now existing or
hareaftar a~isinj of Customer to 5ecured Party and the performance of al l the p~ovisions of this Agreement, '
Cuso~me~ (which term shall include all endorsers or gua~anto~s. ar?d ~f more than one. each of tt~em ~oi~tly and S
sev~er~lly) promiscs to pay co ~e order of Securcd Pa~ty ac .....::S1CS..~)f.~.~C.,...:~.RC~:.a
the "TOTAL OF PAYMENI'S" in the amount of 5.....................computed as foltows: _
1. PROCEEOS TJ CUSTOMER S....~,.::.~:.1: PREPAID FINANCE CHARGE S.. ^,:.-s~.:~p...
2. OFFICIAL FEES AND TAXES 5. AMOUN7 FINANCED (1 ~ pfus ~21
L~en Search, 5..........: Satisfaction p(us (31 nunus ,4? 5.....:^~.2.1.:.;^
of Existi~g Lien, 5.......,..: Fi(ing, 6• FfNANCE CHARGE i
5.........,; Intantibte Ta~~..,~.....: Prepaid FinanceCharge. S..
pocumentary Stamps. 5......'."...; Cred~[ ~~fe I~~surance S
Other . 5...........: Credit ~~fe and U~sab~l~ty
TUTAL OFFICIAL FEES & TAXE~ S.. :1..`~n...., Insurance _ 5
3. INSURANCE: C~ed~t Report 5.,.. ~..n,^.. :
Term..........Monchs In~eresc 5...~. ~
•
......Collision 5..........Deductible Other. . . . . . . 5_............... -
......Fire 8~ Theft,.......Compreh~nsive. TOTAL FINANCE CHARGE S.. ~'.s~.~ ~s~
....Combined addit~ona( coverage 7. TOTAL OF PAYMEN7S S...11..,~?~~..~[~
xx.,Cfedit Lite. .......Credit l.~fe 8_ TNE FINANCE CHARGE EXPRESSED AS .
ar~d Disability , n~~ AN ANNUAL PERCENTAGE RATE ............7G
TOTAL COST OF INSUP.ANCE 5....:_.,°...:... 9. PAYMENT SCHEDULE
Ctistomer may choose the person [hrough Cus~omer p~om~ses co pay Secured Party the
vrt~om tfie insurance is to be obcained. "Tocal o~ Payments" 5....~(~~~~G.. /pay~ble ~n
equal ~nstallments of 5...~~'.~.'., ~ ~ach
CREQlT LIF~ INSURANCE, AND CREDIT LIFE & ~ommencing on ::~i:C.'.~:?I';:.: i9~u., and on
i DISABILlTY lNSURANCE ARE NOT REQUIREO FOR the same day of each success~ve month together
; , CREOIT. SUCN INSURANCE COVERAGE IS AVAIt_• „r~th a Balloon• Final paymen of 5....1 i~,,:
; A6LE FOR THE TERM OF THIS AGREEMENT AT payable on :.:;nt;;,ry..;'~.,. ~9~~. If this Agree-
~rN~ Fo~~Ow~NG COST. menc shall be orepa~d in full, Customer w~H be
5..~~.~w!::!..for C~edit L~fe Insurance
' - entitled to a refund of a port~on of the FINANCE
~..Q...........for Cred~c L~fe and D~sab~~~q CHARGE. ~fter deducang an acqu~s~tion charge '
Msurance as prov~ded by law, wh~ch shali be computed by
1 desire~Credit Li(e Insurance or ?Cred~c the sum of the d~gits method.
L~f~ snd Disabcl~ty Insurance un the I tfe of.
~a~ua~y..22~••~~11~+ .~?~~~Ctl~ft.~,..l~,e The FINANCE CHARGE will be ~n to accru
, ~~a ie}
;~f"l!!S, g e on
_ ,~~scome~l ~e date che Procceds prov~ded for hereunder are
F~';i4~r~~~~;F~ ~{i ~ advanced to the
......tdsts) . ~atui'r.;• ~uStOfilCr
.
i I I. Time ii of the essence of this agreement, Customer agrees to pay Secured Party, w:chou~ offset of any kind,
a delinqusncy charse on any ~nstallment not paic+ w~thin 10 days of ~ts due date, in the amount of S~ of such ~n-
sWllment or SS.00 whichever is less.- In addit~on, Cus~omer agrees to pay such expenses ~ncurred br Secured
Parqr in 1t~e event of defau(t o? in effect~ng cottecuon Aereunder as may be allowed by law. ~rscluC~ng attorneys'
f~es equat to 10~'. of the principal sum.,or such large? amount as may be reasonable and ~ust. The loss, r~~ury Ot
~
destruttion of the collatera! witl ~ot relaase buye~ from any obi~gation t?ereunder.
12. Cusiomer hu~pr tives ro the Secured Party a se_unty interest ~n ehe followmg descnDed collateral:
Yeis 11~ake Moclel Ccrial Ndmtwr Cash Price
~ • n~ ~ 1 i hi~ ^tn { _ - ! ~
~.•12 c.. - ~1 ~@ J' - T
' , 7 X ~O i
~ (
~3. TM •tamOt ~t~u~red by LTa,~ter 201, Flur~]a St~wres, nnve :•_e~ p1atN o~ •he o~~R~~a~ Vio^•~ssu~r ~~serument and v~.ll ;x O•ac~d ~n
a~r .ea~~~on.i ard s~m.lsr inscrumenc ena• ~^ay.oe sc sec:,rc.i.
This Ajreement is sub~ec~ to the addit~onal prov t~ons set forth on che ~everse s~de hereof, the same 5e~ng
~ncwporated herein by reference.
` Tbe Debtor(s) acknowled=~s receipt of
EXECUTED THIS..~~th„ ~ay o~ ,..,,.....Jar:u: r~. . ~g~~F , an exact and true co ot tbis contract.
Pr
THESECURED PARTY ....~..~~~2"4-C.::~?.:'.~L .Y.....:~C:-~7~j~r-:tr...~....
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