HomeMy WebLinkAbout2328 ~~A~ i+i TROPICAL 7ELC0 r EDEF~AL CREDIT Z.?iV ION ,
' PROMISSORY NOTE _
Date 7~3~'~~' Note No. 3-03949 ~~n ~o. 1 Acct. No. 503S1 h'0~
(a) AMOUNT FINANCED 3 5000.00 (b) CHARGES (doc stps) 7.50? (c) PROCEEDS (a - b~ a 4~2•5~
(cs} No. of Payments 9 (e) Amount of Payment 3 Z,3~~p"~(fl Frequency Lp~,-;;~,~ _
ig) FINANCE CHARGE (total inte:est) if loan is paid according to schedule a lC~t3.4~ Interest begins
tu accrue from the date of the loan. If the first payment is mada exactly 30 days from the date of the loan. no adjust-
r,~ent need be made on the FINANCE CHARGE. If the firsc payment is due i~ the same month. interest wilt be sub•
tracted from the FINANCE CHARGE for all the days less tha~ 30. If the first payment is made after 30 days. interest will
be added to the i INAue t that 35.00 bei1deducted fr
mf theaptoceeds of h sN oan and p aced 03my account~.l~•~~
When appl~cable req _
(h) The first payment to be made on the last working day of August 1971t Total of payments (a S~t ~
(j) I agree that payroll deductions will be applied to shares. and transferred under the terms o#
tt~is note as loan and interest
payments at a later date. C~
Co(lateral i~hKFR A,'~~ ~POU~E AP1D H~.~E L~?J ~ 12 ~L~CK 1, LII~.~i SIT3DNISOtl -as ~ecorded in
Ylat Book 9~ ~'age ?3 of tr.e public records of St. Lucie Count~~ F'lorida
,
I
~ As maker. of this loan. 1 certify that the debts given to the interviewer represent all existing debts. Atl statements made,
~nc~uding those given to the interviewer are true. complete, and submitted for the purpose of obtaining credit. I under-
~ stand that if the request is denied I have 60 days to file a written request for a reason for the denial. I acknowledge
~ -eceipt of a copy ot this form which includes the credit disclosure. 1 further acknowledge the terms of the secu~ity agree•
~ ~ent on the reverse side which is hereby incorporated by reference, when applicabte.
~or value received, I/We jointly and severally. promise to pay to Tropical Teico Federal Credit Union~ or order. the amount
; ~nanced with interest on the unpaid balance at the rate of ONE PERCENT PER MONTH ON ?HE UNPAID BALANCE (1
AVtVUAL PERCENTAGE RATE 12%. payable in monthly installments each month until tne full amouht has-been paid.
ln case of any default in payments as herein agreed, or in case I/We terminate employment through a leave of ab-
;ence or other reason with any of the companies named below, or in case 1/We transfer from the c+perating territory of
ihe Tropical Telco Federal Credit Union (as defined in the charter) the entire balance of this note shall beceme imme-
ci~ately due and payable, at the option of the holder. _
Each party to this note, whether as maker, comaker, or guarantor, severally waives presentment for payment demand, protest and
rotice of protest and d~shonor of the same and further waive any objections to su~t being brought in Dade and/or Leon County, Florida. It
t~~rther a~reed by each party hereto, that in case payments shall not be made at maturity, he shall pay a reasonabte fee tor costs of col•
;~~c;~on or attorney's tee, in case ihis note is placed in the hands of an attorney or agency tor collection. 1/VHe, the undersigned. do t?ereby
~ ;~~ea~e ail paid shares and payments on shares which I/We ~~ave now or he~eafter may have in this Credit Union as secuntv for this loan
~nJ cio furtl~er p~edge, assign, transfer and set over any salaries, commissions and%or sevPrance pay from Southern Bell Telephone and
~ ci~graph Company, American Telephune and Tetegraph Cornpany and Western Electric Company (employer) or any future emptoyer which
~~ave or rnay accrue to my!our credit as security tor this loan; and the Tro~ical Telco Fgderal Cred~t Union is hereby authorized to give
s~~ch notice to said employer as may be ne~essary to make this assignment operative. This pledge and ass~g~ment ~s given to secure the pay-
,-~ent of this loan and interests and costs that may accrue thereon, and IiWe hereby autho:ize the Treasu~er to ap,~ty any or all wch paid
si~ares and payments on shares to the paYment of said loan and interESts and costs. 1/We hereby agree that the Trop~cal Telco Federal
Credit Union may allow share withdrawats by any parties hereto at its discretion.
t AUTHORIZE ANY PNY6IGIAN OR OTHER PERSON WHO HAS ATTENOEO ME OR EkAMINED ME. OR WMO MAY HEREAFTER ATTEN~ OR E%AMINB
h~E. TO DISCLOSE ANY KNOWLEOGE THUS ACQUIRED TO THE E7CTENT PERMITTEO BY LAW.
F1lE~ : 4~C~'~oED
V ~ 1~ ~ ~ . ~?~._~r . .ll,,t/ 3' 4 .IUC{E LJUM?Y flA-
n aker (Seal)
1~ (Seal) 5 CL~pK Ct'.~U~T COURt ($~al)
4tFC0~~~
, (seat) 6 .k~.'~ 03
(Sea1) 7 (Seal)
3
- 28'~059
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