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Home My WebLink About2600 ~ ~ 4U. 000.00 Fort Pie~ce. Fiwida becember 4 ~ 1972 ' ~ On Demand after daie the undersigned (and if mo?e than one~ ~r' ' each of them joinily and severally), he~einaiter called Maker~ promises to pay to ihe o~der of ~ ST. LUCIE COUNTY BANK at its office at fort Pierce~ Flo~ida hereinaite~ called Ba~k . r • ~h C~ : • DUE Fortv Thousand and I~I,Q/ 00-------------------~----------- Dollars ~ ` . , L. ~ D. No..~,~ ~ ; M1~leh ~mount Ineludq ProcNds of i Plus dMr chsn~s (Mscrib~) o~ ~ ~ ~ ' r.sunins ~o ~~rou~n ~ru?NCEO ot ~ ) with Int~r~st ~t ~n ANNUAL PERCENTAGE RATE ot ''r ~ , ' vrhltA r~suRs in . fINANCE CHARGE o~ L~`#93. $3 ~co~,v~e.a oo . s~~n ~„sw.~cy, a«~.~a oa~s+tio~~. ~t ~a i~ciua.a •eor.. oeM. ~ ~ eh~rps i~ th~ amouM of i hsv~ Oan coll~tt~d /ran Mak~r. b fMs.AMI . s~fty for tM paym~nt W tMs nob Malo~r Ms pt~dtN% or d~pos~t~d witA 8~nk th~ tollowin~ prop~rtY Listed Stock as per collateral Receipt No. 1118 _ ~ ~ . (including all cssh. stcek and other dividends'snd•aii nghts to subscribe for securities incident to. declared o~ granted tn connection w~th sucA property). which prope.ty. together r~ith ali sdditions and suDstitutions heresfter pledged or deposited with 8ank is called the Coi- lateral.' The Co[lateral is also pledged as security for all other liabilities (primsry, sxondary, direct, contingeni. sole, joint or swe~al), due or to become d~c or whicA msy be hereatter contracied or acquired, of each Make~ (tncluding each Maker and any other penonj to 8ank. The sur~ender oi this note, upon payment or otherwls~ shall not sHect the right of Bank to r~bin the CoUat~ral fo? such oth*r liabilities. CREDIT IIFE AND CREDIT LIFE 6 OlSABIIITY INSURANCE. ARE VOLUNTARY AN~ NOT REQUIRED FOR CREOIT. Such Inswanc~ eov~rap is wallabl~ ~t tM cost d~si~nat~d bdow (w tM t~~m d th~ ctidit: (a) t iw Cr~dit Uh Insunoee (b) L Cndn Uh Oi~aNb ~~~~AW ~ CnCit Lit~ Insu?snc~ Is d~sind on th~ lif~ ~ - ~~~t~ Ch~ck ~x Cndit Ut~ 6 Oisability Insursnc~ Is d~sind on (~CrWR Lif~ snd/or dsseility Insu~ant~ is not desired_ r • ~ . (Date) (Sisnatun~_ ? ~ ~ r Additlons t0. raduct~ons or exchan`es ot. or substitutta+s to~ tM Collste?sL Wlr^+Mts on accouot of thts loan or Incnss~s of tM ssm~, or olMt tosns made partislly or wholty upo~ tM Collateral. may trom time to tim~ b~ mad~ vrithout aH~ctins the provisioos o/ tMs not~. 9snk shall ucKds~ ?NSOn~ abl~ c~n tn th~ custody snd pnservation of the Cotlateral to the e~et~nt rpui~ed by spptiesbt~ statut~. and shall be dNmed !o haw ~x~rcised hssoefW~ can N k tak~s such sction tor thst purpose as Maker shatl reasonaWy request in w~iting, put no omission lo do soy act not nqu~st~d br Msk~r shsll E~ de~en~d •(~i~un to exerclss roasonsW~ ca:e, snd no omissan to complY rrkh aey roqwst ot ~Aaker shall of itself b~ dNmed a tsilu» to ~x~reis~ nsson- abl~ pn. Bank shall not be bound to tske soy steps nacsssary to preserw sny ~ishts (n tM Cd~ste~sl sgatnst prior paRi~s and Msb? shall tala sll Ma ~sssry steps tor suth'purposes. Bank or Its nominee need not collett Interest on w princlpal of any Cotlatenl or ~iw snj? notit~ with r~sp~et to R. ~ If tM Collatersl shsll st any tim~ become unsatislacto.y to Bank Malar shall rrithln on~ dsr sR~r demand pl~~ •od d~Posit w~th Bank ss V~K ot th~ Collsb.sl additional propeRY which is sstistxtory to Bank. If BsQk d~ems its~H ins~curt, o~ upon tht happeni~s ot sny d tM fWlowir~ twnts. ~xh of whkh sAa~l tonstitut~ 1 d~huK hM~ued~r. sN iiaWNtNs d~sch Mslc~r to Bank sAstl th~reupen or th~nsRe~, at th~ option of Bank without notk~ w dMna~d. ba~om~ dw and P~ri~~ failun of ser 0611~or (which t~rrre sAa~ meaa aed includa e~ch IMske~. ~ndoner. swetY and ~usraMor M thls nob) to peAonn any sp~en~nt Mnund~r.• to P~y IM~~st Mnon within ten days sRsr tt fs Wllad w oth~~wls~ nVwst~d o~ dan~nd~d. or M P~Y snr dM? IlsWlity whslsowrr to Bsnk rrlw~ dwC (W th~ d~slh ot any Obt~go+: (c) the Clins of any petition unde? Ihe Ba~kruptey Act, or any simflar federat or sfat~ ststute, bv or ssainst sny Obfisor, ae apptication for tM appantment ot ~ receiver for, tht making of a gene~al assignment fw the b~nelit of creditors by, or !:~e towlvency of anY Obti6or, (e) the. lntry ~t s judBement against any OC1iEor, (ry the issuing of- any attschment or prnishment. or tM i11in~ of r.iy Iicn, saainst any prop~Ay ot sny Obligor, LM tsking of possession ot any substsntisl paR of tM propeAy of a~y O~lisor st th~ lnstanc~ of ~ay [ovemmentsl suthority: (A) th~ dts- ~ solullon. me~er. eonsdfdstion. w nwBanization of any OWigor. (Q th~ assi~nmad by any Mak~r ot sn; :y...:~ ~n se~y ot th~ Colbt~ral without t1N ~tit~ ca+a~nt ot Bank. ° Bank shsll have. but shsll not be limited to, the tollowing ~ights. each ot wNeh may b~ s=e~ istd at sny tim~ whelh~r or nOt th~s not~ Is du~ (n to pl~ds~ w transter this note and the Collateral and Bank shall thareupon be relisv~d ot sll dut~es and rtsponstb~titi~s h~rwnder and rtN~vrd from any and sM IisWtity with respect to any Collateral so pledged or transte?red, and any pledga~ or t~sns(cree shsll tor sll purposK stand ~n tM plsc~ ot ' Bank herwod~r and have slt the rights ot 8snk hereunder, Qi) to transter the whule or any paR ot lhe Cotlstsnl into tM nsm~ of itselt w Its nartlnN; (iii) to vot~ th~ Cd~aterat; (iv) to notih the oWigors on, any Collateral to make paYmMt 2o Bs~k of any amounts du~ or to becom~ dw tM?wn: (h W demsnd. sw tor. collect, or makt any comPromis~ or settlement k dNms desl?ab~~ wilh roferenc~ to tM Collattrst: snd tvq to tslu coMrol of s~r proeNds j of Collstenl. , - ; 8ank is hereby given a lien upon snd a seeurity interest i,n sll property ot each OWieor now or at sny Nm~ M~tsfbr In tM posstssloo d 0snk E in sny cspscity whatsoever, including,but n~ Iimited to any balsnce or shara of any deposit, trus~ or asency accou~t, as security for th~ psy~Mnt of ! thls note, and a similar lien upon and security fnterest in all such prope~ty o( eacA IiAskei as secu~ity for tNe payrrKnt of all other liabililies of exh Yaker ~ ~ to Bsnk r~~~di~t of each Msker and sny otMr person): snd Bsnk shall hav~ th~ um~ ri~Ms ss to such property ss N hss ~rilh r~spKt to tM ~ Cotlat~nl. _ It 8snk deems itselt insecurs or upon the oecurrenee of any default he?cunder Bank sl~all haw th~ remedies of a s~cund psrty und~r th~ Unl• ~ form Commerclal Code snd, without timiting the generality o/ the foregdng, Bank shall hsve the right, immedistety and without turthe~ action ~r M. t0 set oH against ihis note all money owed by Bank In any espacity to each or any ODlisor, whether er not due, and slso to set oH apinst all dher liabilities of estA Idaker to 8snk stl money owed by Bank in any capacity to esch w any Maker, and Bank shs11 bs Oeemed to hsw ~certised wch riSAt p( s~t-otf and to haw mad~ s cha.ge a;ainst sny such money immediatety upon lha occuncnce oi wcA defauN ~vcn though such ehs?~~ Is msd~ or enhnd or+ lh~ books oi Bsnk subseque~t thereto. Unless the Collaterat is perishsble or threatens to dectine speedily In valw or Is of a typ~ eus- tomarily solA on a recognized msrket. Bank w~ll give. Maker ressona0le notiee ot the time a~d place o( any public sale thereot or ot th~ tim~ aR~r whlth ? any privat~ sal~ or any dher Intended disposition thereo/ is to De made. The requirerrKnt oi reasonsble nol~ce shall D~ met if sueh notiG Is maiNd. posta~~ propald, to sny Maker at ihe address given below or at any othe~ addrosLShown on lhe recwds ot lhe Bank st least Tiw dsys be/oh th~ tlna oi tM sal~ or disposition. Upon dispos~tion of any Collateral atter the occurrence of any default hereunder, I~Aaker sha~l De and nmaln liabl~ fot any E deflcitney: and Bank shall xcou~t to Maker for any surplus, but Bank shall hav. th~ rigM to spply all or s~ryr paR ot such surplus (w to hold tM Nm~ as a r~serve a~ainst) any and all other Iiabilities of each or sny Maker to Bsnk No de~aY or omissio~ on- the part of Bank ln exerclsing any ?ight heieunder sRall operst~ as s wsive~ of sueh ~IgM w ot any othtr tl~ht under thts note. PresentmenL demand, protest, notice of dishonor, and e~ctenston of tims without notice a?e hereby waived by esch s~d tvery OM1go?. Th~ ~ Obiiten, b~Mly end swenlly. Pron+~x ~nd eR~-4e- Wr NI-eosls of -coN~clion ~nd ~stlwn~YS' t~ts ~Vwl to 10% ot tiN princip~l sunf oFSrch braN amounts ss msy be ressonaWe and just Incur?W or paid by Bank In ~ntorcins thls ewta upon tAe occurrenc~ of seY de~+~K- My notic~ to MskK shall b~ sufficiently served fo? afl purposes it plae~d In tl» msil, posts~~ pnpaid, sddr~ss~d to w hR upon tM premises st. tM sQdr~ss shoMm b~bw or smr othK sddrtss sfiown on Bsnlts reco?ds. ~A~ 'rn~~? MskN acknowbd~~s ncNpt W s eompl~t~d copY M thts Note on the abow dst~. , ~ P,O. Box 133, Ft. Pierce, Fla. ' i/ f ' ' ~ ADDRESS• r. ~ ~ ~ . i / ~ ~ ~ ~ - ' - (SE~U ~ ~ ~ ~ ~ I ~ ~ ~ ' i/ ~ V ~ ~ _ - - - - - - . . aooK~34 ~~~~96 . .i~ "t~.'. G~~~•Y:,:.~t't ~ 'tr .~.a _/_.1 '~t.i ~`~...~y~t..~....~"~.•_r~d•.~.~' :~-yw~._,~ ~tie-}~J`-~£~+~1'+r+~rMl~r~ i,~ ~~ir~!' t,YY. :1a .`g - i_,,,~s ~~-r ~ '1.r.~ i +i . t?r n v,r v~«~t . :~',4ri'a'' ~i , ' , _ir._:f_.~?- 1.y.._ _ - ,i,• .i. ~L: ~i;. r_. ' ~t_ ~1 .~p:- F~_~--~~es~y'~+'th,~ . - h - _ . _ ~,..~y." _ _ ~A,~ ~.a~ . .a . . . r ~ .,Y_. . - - _ .