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TE OF TO AL PAYABLE IN FIRST FiNAL INSTAL• OEFAULT
THIS LAAN OF INSTAWENT OTMERS SAME MEN' DUE DATE: GMARGE:
rAYM ~ ~Y OUE ~ATE: OwMON H`H •
M
: iNSTwu+E~ns 1~-Z~ ~ - - s
~y V ~wcc ~~~~~N~~M~~ Ff
'~Q~~ OTHERS ' GR IT 1 ~ D SABILITY LING FEE -
FIN E~ ~NT[R[tT: =~~~O~N~~NS~ ~NSTALMENT: INSURANCE INSURANCE ~IF ANY)
• N • 0~~~~ CMARGE CMARGE
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111ontl~ly a~ ucrat wi ihis n i:: Yy_':;, ~~er uwnU~ rni anr pa~~ ~hc unpaiJ ~irin. pa ~alanie rn~t i i c~crc o a ff-
2°; pcr wont~ o~ auq pa~t o[ ~!x unpaid principal i~alance in t:ccss ~t SIOO.W but ~N~~ in ex~c~~ i~f 530~~_00, ly2°,~, ~x~ nwnth un •rny p~~i of t~~c
unpaid principal lalmce io exarss o[ $ 3 0 0. 0 0 but not im txccc~ of S~-~Q and l y°o per nxm~h on any irmaindcr ot the unpaid principal INlrn.c.
~ SECURITY AGREEMENT
Th?. Debeps aiwr aamcd tua t6is da? accoted and deli~end their promissonr nae alw~rr descrihed papt,k to t6e order of the Irnder named alw~~e at its abo~~e otf'ke
~nd cridcnci~ a l~m wde br s~id knder in che actu~l ~mouot iodiatcd aho~e. Bc ~Ae tcrms thaeoE said note ic pa~~ble in conucutice monthl~ insallments in tFe manncr
sc~coi :Sere a~d s~h p~}~mena w~ br appl~cd to the combinn! tonl a` the Princip~l .~mamt d Loan an~! Praoa?putcd Intaat. Said note ~tso prorides tlut ddr~lt in
p~~u,b m~ iastal~cot strall. at Ux optioa of the lalder ther~of. and Yithout noticr or dernaad, m~dcr tht rntirc sum rcmainin6 upaid at oace dut ~nd pap;~le. less ~sr .z-
lund or tred"~t ~~ed t; ~,t ~ewr Yat S~oaq Loao Ia~r.
W~r Thae(one, ih• comidmtico oE said foaa and to [onher srcun t6e pnmrnt of said note the DeMors hercbf conser. gi~e ~nd annt ro said lcnder. its succcssnrs ar,d
us:~,u ~hcstiwtter altcd Sccurcd Pam) a saurit~ interest ia tLt collateral 6crciaatar described: pro~idal. horaer. if the Debtas Kell and trulr p~c ~nd discharge s~ic: note
iccor~iioc to the te~s thercot. tben tAese pcese+~ts sha4 «ast aad bc ~oid.
'C6c Dcbtors e~ posscss said coltatenl until de(ault ia roakin6 pa~mrnt on anr insallmrnt oa s~id nae or as hercinatter pro.ided.
.~t an] tiwe s~en dcfault shall aax in pa}mrnt oE eht dcM xcording to the tcrns nf the wte scn~nd hc~tb~. then t1x rntirt ~mount dut sh~ll become dut and pn-
ihlc u the optioa d the Sorurcd Fartr, rithout ~i:e or dcmanA, and the Sccarn! Panv mai ut~ immaii~te po.cession o[ the mllatcnf wi~h or ~rithout judici~! procrc:. Ra.•
rcquirc thc Debto~ to assembk tk coqatml and mile it a~~ilabk to thc Sccurecl Pan~ at a dese~utel plxt ard r~av e~crcise all nt the rights and remedia gi~rn a S•xurcd
Puc~ ueder ~be I:aiEo.~n Commcrcial Cade u e~ucted in \er- 1'or? Sate in ~Wition to the righ~s an~1 semed~a contained hrreio_
~yrtd T~rq aa~ t}~.ra se!1. !~x cr ~:!:esxice dispose of tht coUatenl in a commrrciallr tn~n~bk nnnner at pufilic or pm-ate procetetings after qicinR reas~n~Ale
notiFcauon d ihe ~me, plxe aad manarr c+f dispositan ro the Del~ton and. e~eq~t in the ca~e of con4~uan p.rds, to an~ otFer pnson who hu a securiic interest in the
f coi!a~cnl aed ~rba Lu bkd a 6n~ncirt~ sutement_ .
?be Savrei lfrt~ ma~ bur at wch sak suhject to the limiationc preccrilxd !~c the f«le and ~id cdlatml ~ruc he soM x a unit or m parceh or sn much tht:m( as
~ shiil be nec~ar~ ~e satisfp the iadebtc~rss ~ecurcd hereb~ and the procecris ot s~i~t .~k ~h~ll 6nt be applicd :g~inst the indet,ttdntss setuzed herebr ~ntl the ~ecurrd Put~
shal, account b tir Debtors tor aas wrpieu aad tht Debtea sh~ll be liatde tor anr deficirnc~. • .
l~e D~e6lors iKthtr a~e~t I)ut $ tbe Sec~:red Partc, at ~ns time derna itcelf or s~id ccdlatera~ or ~ecuri<< interest unsafe then ~he 4curcd Pan~ mar take imma{iatt
;~,i~ca~n of s~id a+llateral. rith or xithout juditial Drocrss, in wtiich errnt the riehts md remedia set torth atr~e *ith respect to saiJ mUateral shaU be~ anil~bIc co the
Sec::red Tsrt~
~e Deb~as asnenaat th~t the~ aedusi~ds posseu arsd ora said colutml frce ind dnr of all encumbnnces acept
_ _ An~ f~ilure of the Securcd Pam w rniortt an~ of its rights or remedies htreueder
sh~ll oot be a~ains aE its ri6ht to do so thera(tcr. 11~cnrnr ~he cuatat so tequires plun! ~ords sh~ll be conc[nud in ~the singalar_ ~
tf ~is Seco~it~ .~aratt?ent ieclucfes a motor ~thide. De#Kas torc^.~nt !lut thct• will nw scll, eccuml~tr ot rrmoct ume from the St~tt of ~cK York ~nd Nll coaform xi:h
ill !in and ad~aca gtnemin6 sa'vl sotor ~ehide; and if this Smrritr :;,-temcnt includa atur collatml, Dcbto~s co~en~ot th~t theg Kill not s~ll, rncumbcr or remme
s!,cn oc~er ao~terai from ihe Debtor's addre~ abon set [orth ~ithau Mrit.e~ c«:sent of the Secured P~rt~.
Tbe Deboors heoci~ iuthorin the Sawed Pam ~t its option to perfat ies seeurits interc~t irs tbe mllum! he~iinatter described 6? tht 61ing oE a 6n~ncing statemrne signcrt
t+r,=.r bj tAe Secord Pam ~nd ~ree w pas to the Secutcd hns tbe xtu~l ~a1 nae;s~rv ttes tor srth 61in6-
Douripli~s d Ca~~s i .
~:111 oE tl~e ~ousehold consumer goods oE every kind noH owneei or hereifter acquirecl by 'Debt~~rs in replace~nent o[ s:~id
cr~nsumer 6ooi~c (and proceecis) now or herea[ter located in or atH~~~t Debtors rc5idence abo~~e set Eorth_
The 6ousohold consumer goods describeci below ha~e been purchased with the proceeeis o[ the loan sea~re~l hereb~•:
: certain mo:or ~chicle, oo~nplete with all attachments anct equipment (and pr~xeeds) no~. located at the resielence o[ the
rbcors as above set forth, to wir.
~ y,ULE SERIAL ~,p. ppY ST1fLE M1ppEl YEAR OTHE[ IDEMlFiUT10N _
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~t~1E( ll~et'81 ~~SCi1t1C
~ Fr~Et~ atit;
. ST. LUCI~ :OJNTY F~A.
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Tbc ahore dncrilxd maor vehick is u~1 ~r hou ht fnr use rimarih for rsonal, 6m'sl or ho~u~:cld u ~~E~K ,~~~T ~OURt
S P P~ Y P r?°s~s• qr~~~, :.,,r~
? Th~ aho+e 8esccitxd motor ~e3eide rr:s purchased writh the praeeds of the Iwn secared hereb~r. ~~~r
5 I i s3 A~~r~
~YIT~IfSS. t~e hands and seals of the ikl,tor ~he da~ ot the date hereof aho~~e +?rir.en. _~~xi1~L~r
5' a "~-cred in e p~esence of
. ~~'~~L ~ _(SE.V.)
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