HomeMy WebLinkAbout0440 ; , NORMAN, Irene k.
.
COLLATERAL MONTHLY REPAYMENT NOTE
N r:. r . . L6513.36
Julv 19 _ i~ 74
I • NORTH INIAMI BEACH, FlOR10A_ .
~ TM wW~n1~n~0 (and 1/ moh lh~n on~. ~uh of tMm o1Mt snd s~wralt 1. h~nin c~ll~d "M~k~r;' roml~~s to ~ to tM ordH ol
. 1 Y Y p P Y ...t , j~"'. ~~aUf.N 1':.
~ ' ~ ` ~ ~ , PAN AMERICAN 6ANK OF DADE COUNTY ~ . . . - , ~R•
. . , . . ~
~ Iww+aMr cW W°Ban?." at ~ts ofhc~ st NOR7r+1~MMrRM~N FLO pbp as lM hoWw ha~W may des~~rW~l tM wm M
-j--- ~AQ~ OO~- ~ OOILARS ROTp~ 0~ PAYI~AENiS)
i ~~j_ __.,~.~w~+u~y ~~c. a s--._ 54 - • _ ~ w, ~h.~-._19Ch a .xn Rw„en oo~+~.,on
~ . AU~t18 t 19 19 . Z4 togNha Mnth s 8A1100N PAYMENT m tre srrount o1: ---q=-~_~ ~_dw on.al~~_~ 19 4....su_.
~ -
snd ...t~ psp iah cnarges nw to acerd ~J~ o~ tne ~nwunt o~ anv w~~upa1 Dayrrknt a vsyrt~ents ~n d~fa~,n An ps~n+~ents made nareunoer fl+si~ De ~d~d Irs1 ~o mta~st sne 1awh~1 cnar~es
then xc~uM aM1 the ~e~na~ndn to p~~nupal. 1he anwunl ot th~s no1. ~nclude9 tAe woce~ds d S-_ 4~~F ~~9 _piut Mher charps(Oestnbe) ~QL.~_a~t$IDp8~9 ~90~
Recording Fees ~ Releasi~Fees(32.00) _as.__ 41.9~___ _ ~~ti„u~~,~
AMOUNT fINANCEDoi f 4576.59- ~ __~d„S,FINANCECHARGE a:
_ 1936.77___ c.~?~~~,~
ore.~st ~i s 1921. 77 u~~ ~,te ~nwrance wcm•~m d S ----~nd aeMt ~rnest~atan oost d f---~.Q~ rew~dr~ ~n an
ANNUAL PERCENTAGE.RATE .o~ _~4iS~Q_!~. TM 6Aaka Ass tM ~~t M prepsy tMS ban m tuq and oplrn ~ r~lund ol IM unprMd por4on .
d fIN fmance tf+arge ComOuteA under tM "Sum ol Ihe O~ts" mrtlwd
b used herein tAe term "Collatsral" sha/l mean and lnclude the /ollowtng~property which has besn o? ts h~reby pt~dged, a~iQ~ed
`"~!~'or conwy~d to. or deposJt~d w1tA th• Bank:_ 1974 American Motors Hornet ID# A4A067~98964
*~/n~o
T_,r n~K~ Nnnean -
_ Mnrtnsa0 p# pYQil datg
and sny •nd ali other property of evsry ktnd or dese~tptPon now or herssltsr In the possessfon or under the control of Bank for any
reason, together with all additions and su6stitutions hereatbr pledged to or d~posited with Bank and lneluding ali cash, stock and
othtr dhridends and sll ?~ghts to subsc?1be for securlttes incident to, declsred, or gnnted in connect~on with any property heroin aDow ~
described or nterred to. As used herein "liabllity" or ilabtlittes" me~ns snd lnctudes thls note snd a11 obitgattons and IlabiliNu (prtmary,
secondarr, dlrect contingen~ sole, joint or several), due or to Decome due or which may be heresiter contracted or acpuf?ed of each
Msk~r (lncluding any Maker and anr other person) to Bsnk Make? warrants and agrees that Bank hss snd shail bave a ffen upon, s~cu?ity
iiiie io snd a security interost in sfi tne Cofiaterai as security for the payment ot this note and all tiabllities. including any uct~nstons,
renewsls or chsnges tn torm of sny thereof. The surrender of MIs note, upon psyment or otherwlse, sh~ll not sflsct th~ rlght of Bank b
ro~(n ths Co/lateal for any other JlabitiNes. •
CREDIT LIFE AND CREOIT LIFE 6 ~ISABILITY INSURANCE. ARE VOIUNTARY AND NOT REQUIREO FOR CREOIT. Such Insurane~ towrsp Is svailabb ~t tlw j
cost dtsitnated btbw for th~ t~rtn of tM tndit: (a) Z *o? C?~dit Lift Insuranc~ (b) i ~n_ ro. c.wit ur. a a..auqr ~~aw,~c.
i
Cheek ~ Credit lH~ Insuranc~ Is d~slr~d on th~ lif~ of BiRhdsb
Bo~~• ~ Cndit lih 6 DissWlity Insursnc~ is desir~d on ~
~ Credit Li~e snd/or Disability Insunnce is nat dtsind.
~ co~c.~ _r..t~ 1~1971~ cs+s~~~~••~ Ne~ 1~~P~~sab~e
Additlom to. nductlons w tiNss~s w~xcMn~~s o1. w wbstitutions !or tM Co1lat~n4 psymenb on sccwnt ot thls to~n or Incn~s~s M tM s~m~
or otR~r loans mad~ psrtlaly w wholy upon th~ Collat~rsl. msy /rom dem to tim~ E~ ms0~ without atf~etir~ tM prorisiaa of this nob. oank shaq
~,c.rds~ ~asonabi~ a~ in th~ eustodl? and pns~mtion of tM Colln.rai M th~ ~ct~nt ?wulr~d OY spptkaW staeut~. ~nd sAatl ~ dNemd te Aaw
exsrcls~d nasonabl~ qr~ if R talus such sction tor thst purpos~ p Mslt~r sluil rNSOnsbly npu~st le writlty, but no onAsdon M do sny ~e! not
nqwsbd by MakK shall 0~ d~em~d s f~tlun to uceeels~ nasor?sb1~ uh, and no aMsston to eompfy wlth aMr rpu~st ef Malo~r shaq d MNf b~
~ _ dNm~d a fsllur~ to ~xuets~ nsw~~b1~ can. Bank slull not b~ bound to Ub anY st~ps n~c~ssary M p.eserw any rl~ts In tM Coil~ral ~pinat
t ~ priw p~etl~s ~nd Malw shall Ub ati n~e~swry stps for wth purpoWS. Bank or Rs ~ominN nNd not eolbet inta~st on or prbiNpd o/ sny Oel.:
~ IaUril Or shN ~ny ndlN ~Mth ?~sp~et to lt. N tM C011atsril fAall ~ny tlm~ b~corrw umatisf~etory M B~n16 Maio~? ~Mp w1tl~in pf1~ dyl~db~r d?+ :
~ m~nd pIW~~ ~ed d~posR with B~nk ~s Wrt of tM Coil~tasi WdRla+sl P?oP~~tY wh1eA Is sstlshdory to Bsek ~
Bsnk is Mnby tnnt~d ~ s~curity Int~rest in all property of sseh Obli~or (wrhlcA t~rm shall reNSn and includ~ •sch Msk~r. tnCors~t. sunly snd z
~ ~uarsntor of this nds) now o? at any tlm~ MreaRer In tM poss~ssion ot Bsnk in sny cspaeity whstsww~. Includin~ but not IImftW to ~ny b~lsnc~ -
or sha~ o( any d~posk, trust, o? s~N?ey aeeount, ss sscuriqr for tM psym~nt of this nob. ~nd a simtlsr s~eurlty Int~mt In sll weA prop~ely of
~acA Illsbr ~s s~curit~r for tM paymMK of atl dMr IlaWlitlp; ~nd Bank shaN baw tM sanN r1~Ms as to such prop~rty q k Iw with rNp~Ct !o
tM CollabrfL
i Biak shsll hsve. but shstl not b~ UmitW to. tlu followins ~tshts„ ~~eh of whkh may b~ ~x~rels~d at •iry/ qm~ wh~tMr o? ~wt tl?Is nd~ Is duK
I (1) to pl~~ or tnnsf~r tAls nob snd tM Collat~nl snd Bank shsll t?Nr~upon b~ nll~wd of atl dutt~s and nsponslWlftl~s INnund~r a~d nlNv~d
from ~nr ~nd ~tl Itabiiity wlth r~sp~et to any Collate?sl so piW~W o~ trsnst~rnd. and anY pbd~N o? trs~shrN shall for di puepos~s dand In tIM
ptscy W$~nk Mrwnd~r aed Mw sil tM Ashts of Bank M~und~r. to trsnsiK th~ Mrhot~ w~ey paR ot tIN Collat~rai into tM n~rn~ of ItsNf or
its nominN; (3) to vob tM Collat~rsl: (1) to notNy tM opil~qs on ~ny Collab~si to malt~ paym~M to Bank ot ~ny ~~nounb dus or to b~eoim du~
th~non: to dMns^d. sw far. eolbet. or mslc~ ~nY eomPrpnis~ or tdtMm~nt K d~ns d~slnAN with esf~r~nt~ W tM Collat~nh ~nd (q t0 talo~
poss~ssio~ s~d eoMrol of anr procNds oi Cotlat~rsl.
Th~ h~pp~nfn~ of any of tM folloMrin~ ~nta shsll constRut~ s d~ault Mrwnd~r. (s) hilun d any Obllsw to p~y In fuM any ImtN~n~nt
payaW~ Mraund~? promptly wMn R b~eom~s dw: (b) failue~ of any OW(sw to psy in full wh~n dw aey I~bbdnass, obiipt{on. w 8~bllfty te dsnk
whatswv~r. or ~ny InstalmN+t tMr~of or lertar~st thN~on; (e) hilun of sny Obll`or to p~riwm sny ~sn~rn~M herwnd~r, tM d~sth of ary? OWI[or.
(e) any Oblisw b~eom~s Insolwnt or ~ny Insotwney proceWin~s (ss said t~rms "insolwnt' and 'lnsolvrney pme~nss" sr~ d~fln~d M tM UMfonn
COR1IMf'Clil (~.Od~) a/~ ~Ilft~lll~b Of Ti~ bY Of i~~~lli~ a11y ~b1I~Of. O? i~~t~011 TO/ ul~ SpQO~f1~fl1Mt O~ • fK~11~f ~Of Yly ~b11tW Of ~Of ~fly O~ tiN
ass~ts of ~ny OWisor, (n tM issufns ot sny attaehmsnt w pmisRmMt, pr q~ }ilir?S of ~ny li~n a~sinst snY P~M~Y ~~Y OWito?.
If at any tlen~ ~ny wsrnM, nprestntation. c~RiNest~ or stat~rn~nt of sr~y OWi~Or (wh~tMr eontsln~d in this nob or naq p~rtsinins to or In
conn~cdon with this nob or tM loan w cr~dit ~ridarc~d by tAls nub, Is not trw. w npon tM Mpp~nint W any w~nt of d~isult ss AMmd h~nin.
or If Bsnk st •ny tlm~ fMb ins~cun for any r~sson whatsow~r. (p tM ~Min ~mount of this nob nmsinins unpsi0. Nu t1» amouM of snr umam~0
Int~~st or dlseount ~nd any nbabs nquind by taw. shs11 b~com~ dw aed p~ysbN foRMrith or tMrwR~r ~t tM opNon o/ t1w Bank and without ootlo~ .
or d~msnd (snd In no wwK and und~~ no dreumst~nc~s shsN Bank or anY hold~r h~rwf b~ ~ntkl~d Mrwnd~r to unaccrwd or unqm~d iM~hst o~
other ehaers, ~nd in no w~nt and w~dsr no elrcumstsnus shsll Bank er anr hold~r Mrao/ b~ ~ntitlW Mnund~r to neMw ~t ~ny tlrrN any ehsrps
~ not d1owW or p~rmltt~d by law w sny IM~hst or IM~nst nt~ in ~xc~ss of th~ ma~dmum ~Ilow~d by Iw): (ip Bank msY. ~t Rs optton, tMrwpot~
F or th~e~sR~r d~ela~ sil otMr IlabiliUts, w ony of thue~ tN~et~d by 8snk (notvrithstsndin~ sny provisfo~s th~rwfl.' Imm~diatey dw ~nd payabN ~
~ wlthou! d~msnd or no11u of ~ny idnd (Au! wtth such ad~ustm~nb. H snY. wMh nap~ct to ~ny Int~+rst or otMr ch~rps ss may b~ provld~d to~ in ~
~ th~ promissory noN or oth~r xritin~ wld~neins won u.ainr: ain ~~k shsll haw and msy uc~reis~ wlthout d~ensnd stry and all tM dtfib ~nd ~
remsdits ~rsnt~d to a s~cur~d psrty upon d~fault und~r tM Unlfom~ ComrrNr~lal Cod~ or otMrwl~ availabl~ to 8snk qneludin~ thos~ wNiaW~
~ und~r ~~y writt~n instrurnu~t In sdOfllon to this not~ nlatins to any d th~ Nabiliti~s or • s~curity th~nioN s?~d, witlwut Ilmitint tM S~n~r~Nty :
of th• toregolns, Bank sMsli hsv~ ths rlght, immWiatsiy snd without 1uRMr sction by R. ~o sat oH s~~lnst this nob sll moMy owld by B~nk ~
~ In any eapacRy to t~ch w any ODlisor, wAether or not dw, and ~Iso to s~t off asainst all oth~r tlsbilit~s ot ~sch IiA~inr to Bsnk NI ma~y ar~d
~ by Bsnk In •ny capacity lo ~ach w any Maker, and Bank shall M dNmed to hsw ~:~rcls~d sueh rf~ht of s~t-oH snd to hsw msd~ • ehstp spinst
~ any such money ImmWistNy upon tA~ oecu?n~c• ot such dNauR w othar ~wnt w~~ thou~h such cbs?=~ is mad~ or ~nt~nd on tM Aooks ot Bw~4
~ subspua~t tMnto: snd pv) tM Obll~ors, ~ointly snd s~wrally. promis~ ~nd atrN to pay sN a:p~ns~s of 8snk in tM eolNetion of thls nob Md In Y
the ~nlorcem~nt of ri~hb Mhund~r •nd In th~ ~ntore«mnt of ritMs unMr w wfth nsp~ct to ~ny M th~ Collsbral, Indudio~ h~sonsON ~ttonwyr
~ taes. MY P?oceeds o/ any Collst~rsl or M sny dtsposltion ot sny CdbtKSi mar b~ ~pp1iW by Bsnk to th~ paymeM of ~up~ns~s in conn~etlon Wth
t th• Colfat~rst. Includlr~ nssonabl~ attwn~ys' tNS snd IKaI ~cp~ns~s. If sny noNflestion ot IrN~ndsO dlsposRbn of a~y oi th~ Coilat~l Is r~qulr~d -
~ by law, all rpulnrtNnts ot rusonsbl~ ndie~ shsli b~ m~K and suth ~atiu shall b~ dNm~d prop~~fy ~iven, H at Nsst flw daps b~ton weh dlsposl-
tfo~ sucA notlc~ Is s~rwd an ih~ Msk~r In tl+~ msnn~r Mnin provid~d. Upon dlspositlo~ of sny Coflat~~al Msiur sh~ll ~ snd rNnsin Ilsbb foI
~ ~ny d~flcl~ncy; and 8~nk shall sccouM to Msbr for sny wrplus. but Bank shall baw tM ~1~ht to spply all o? ~nr psR of such wrplus W th~ p~~ Y
m~eK of ~ny IisMlitl~s wMth~r or not th~y. or sny of tMm. b~ th~n dw, and in weh ord~r of ~pplk~tion ss Bank msy from tlm~ to qm~ d~eL
No dNay or omiuton on tM psR oi Bank In ~:~reisin~ sny ~isht MrtundK shsll op~rat~ as s walv~r of such ri~fit or of sny oth~r rf~t und~r
this nob. If mor~ than on~ paRy shsll uccub this nd~. tM t~rm "MskM^ tAall mun ~II paRi~s si~nin~ this not~ and ~scb ot tMm, ~oiedy a~M ~w
aratly. As us~d AtrMn, tM sin~ulsr shall include the plunl anA tM plu+al sMil rrwan snd Mctud~ th~ sinsular, and anY pro~wun, or NrhstM~
~~nd~r. sh~il ioclud~ stl ~~nMrs. My notic~ to Msbr shsll b~ suHici~Mly s~~wd for ~II purpos~s H ~
P~acW In tM msll. PostaL~ P~d~
:z sddrsssb to, w I~R upon th~ pr~mises st, fh~ addnss slawn M?~on w aey otMr ~ddr~ss app~srln~ on Bsnk's r~eords.
~ Wktr ~cknowlW~q neNpt of s eompbt~d copy d thls nob on tM sbow
Q Q r
~ ~V~v ~
~ ADDRESS_ 1342 N.W. 102 St. ?
~ Miami, Fla. 33147 FtlE~ay •.-~;~ppf0 Irene K. Nomoaa
z: sT ~c::_ ~uHrr ~u. ~
~
~ ctE~: - .
~ ~ „~~Rt
s-~~. Z-~,;^• c.; r _
~
` ~u~ ~5 i"t z4 PH'1
~ ~
~ .
~
~y dOQk ~?e7U I'JIGf , .
~ 440 `
.
~ - - - - -
~ - - - -
~ _
- -
~
,
. d . . _ . . _ . _ . .~~~._y_,