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Home My WebLink About0572 t . i ~ ~ 292131 FIiiANCE CHARGE IS COMPUTED BY A PERIODIC RATE OF i!i PER MONTH ON THE UNPAID BALANCE. AN{dUAL PERCENTAGE 12°~. IF ADVANC~ES ARE MADE DURING THE MONTH. INTEREST IS CHARGE~ AT THE PERIODIC RATE OR ONE PERCENT (1!6) PER MONTH ON EACH CHANGINCi BALAN~.~ ;~.~Y~ ,y~1~4 . PROMISSORY NOTE ~~p~'~~~ ~ti~ ~~~~5`~ ~ DATE NOTE NO. LOAN N~cf~ =ACCT. NO. 88 i•3AU $ ~ 3.~000.00 For value received. I/We jantly and severally. promise to pay to Tropical Telco Federal Credit Union~ or order, th~ sum of h~~ ~o~ - and~/100 Dollars with interest on unpaid balance at ~t~e rate of 196 per month within forty-five (45) years from the execution of this note. It is mutually covenanted and agreed by and between the maker, of_ this Note and the payee(s) that upon request ot tt~e maker the payee(s) hereafter may. at its option. at any time within forty-five (45) years from the date hereof and betore full payment of this No#e. make further advances to the maker, with i~terest on the unpaid balances at the rate~ af One (1~~(,) per month; provided however, that the maker hereby agrees that if at any time the advances made to the maker shall exceed the initial payment which is hereinabove stated. the maker agrees to pay the higher amount, but that the amount borrowed. by the maker shall not at this time and including any future advances exceed the principal surrl of hree thousand and no /100 Dollars. ~ The monthly payments on this note shall be in the amount of ; ?2•~ the first payment to be made~ ~ on the last working day of .Sa~,~l~ and a like amount on the last working day of each month thereafter until ~ tt,e full amount has been paid. I agree that payroll deductions will be applied to shares~ and transferred under, the terms of ~ th~s note as loan and inter~e.st payments at a later date. H~.~~ Heights Addition, according to the P'l.at Coflaterah thereof recorded in Plat Book 8, .Yage 3c3, public "t IAKI~~ S P[)tiS~ ~c H0;1C5 TFN T.nt c?~ R. 211~CIITa[5 T - r ivi iut~ s ~ In case of any default in payments as herein agreed~ or in case 1/We terminate employment through a leave of a6• s~nce or other reason with any of the companies namesi below. or in case I/We transfer from the operating territory of t?,e Tropical Telco Federal Credit Union (as defined in the Charter), the entire balance Qf this note shall become imm~~ d~ately due and payable, at the op6on of the holder. Each party to this note, whether as maker, comaker, or guarantor, severatly waives presentment for payme~t, demand, protest and ~~~~?ic~ o( protest and dishonor ot the same. It is turther agreed by each party hereto. that in case payments shall not be made at matur• he shali pay a ~easonabte tee tor costs of tollection or atto~ney's fee. in case this note is placed in the hands of an attorney or agency t-~r collection. 1,`We. the undersigned, do hereby pledge all paid shares and payments on shares which I/We have now or herea(ter may >>>ve in this Credit Unio~ as security tor this loan and do turther pledge, assign, transfer and set over any salaries, commissions and/or. ~.•~verance pay from Southem Beil Telephone and 7elegraph Company, Arnerican Telephone and Tetegraph Company and Western Elec• ;~=c Company (emptoyer) or any future empbyer which have or may accrue to my/our credit as security for this loan; and the Tropica( Teko Federal Credit Union is hereby authorized to Bive such notice to said employer as may be necessary to make this assignment opera• l~':". ThIS pledge a~rf assignment is given to secure the payment of this foan and interests and costs tliat may accrue thereon, and I/We I;ereby authorize the 7reasurer to appfy arry or alI such paid shares and payments on shares to the payment of said loan and interests and costs. I/We hereby agree that the Tropical Teko Federal Credit Union may allow share withdrawals by any parties hereto at its discretion. fas maker of this loan I, certify that the debts given to the interviewer represent all existing debts. Alf statements made~ ~ including those given to the interviewer are tnie, complete, and,submitted fot the purpose of obtaining credit. I cnder• ~ stand that if the request is denied 1 have 60 days to file a written request for a reason for, the denial. I/We acknowledge~ receipt of a copy of this form which includes the credit disclosu~e. j ~ AIJTHORIZ6 I1NY PMYBICIAN OR OTMER PER90t~ W~iO HA9 ATTENDED ME OR EXAMINED ME. Oft WMO MAY HEREAFTER ATTEND OR EXAM~NR ME. TO DIlCL06C ANY KNOYIILEOOS TNNS ACOt11R[O TO 7H~ EIIT6NT PERMITTED BY LAW. ~ ~ ~ Sea Mak~ ~ u t ~C2 Guarantor, ' u - ~s-:/ ~ - ~11E0 ~yt F EGOR `~A ~ st, WC1E LG11MtY ?Jt~R ~Uflj C~ER~ ~ ~~0 C RF~y~~, ,1E^,f t- ~ 2 PA ~ ~ 1Z ~ Bt?OK ~vJ~ PAt~ - ~,~Y~ ~ ~ - - - - - : ~ . `~~~--~~,.x~~~ ~ . ~ ~ ~ . _ _ ~ , ~