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HomeMy WebLinkAbout1576 . ~ 31MPLE INTEREST PROMIS30~tY NOTC J~ 22 ,19 TS No. . • FOR VALUS RBCSIVED, the u~dersi~ned (snd it more thsn orte~ each of them joindy and severally), promises to pay to the i ordec of ' . ' , Florida, the principai sum ` (Amount Fl'nanced) deaQnated below. toQether with Finance G1~arQea irom the date hereol at the Arinud Perceata~e Rate desi~nated ~ belo~v per annum on the [ull amount of said pdncipal sum remainin~ irom time to time unpaid, psyable in uutdlments as hereuuttar prorided. toRether with costs and e:penses o[ colleMion and reac~nable attoraeys' fees. indudin~ costs, e:penaes and re~onable attorneys' [ees on appeal. it coUected by le~d proceedinas or throuQh an attorney at law. All paymenta made hereunder will be c~edited Cud to iatered aad tav?[ul char~as then accrued. and the remaiader. to principal. r~a~ or ~ a 19.300.~0 ~1 ~ 2. Insunnce (include only i[ premium Cnanced hereunder - speci[y types ot coveraQe and atate premium [or each) , i (2) s. om~~ F~: F~ling = CertiCcate of 'ISUe S DocumentarY Stamp Tan s 19.10 Other Cfiarges: - E . (describe) Total Offic'~al Fees a 29.10 ~3~ 4. (~redit life and/or Disability Inaurance Premium (itemized beloa) i ~4) 5. AMOUNTFINANCBD(1+2+3+4) t lg•3~9'l~ ~5) 6. FINANCE CHARGB (interest ody) ~ i ^ (6) 7. TOTAL OF PAYMENTS (5+6) S 2~ ~ 3j1 •~J4 8. Your ANNUAL PERCENTAGE RATE is _ 10 qb ~8~ , 'It~e 2~ TOTAL OF PAYMENTS shall be payabte in 4~g~ly1~nstallm19 ,Rf 3 a~~`3 each, on the y of ~ch suceessive month commencing on , together with a BALLOON PAYMENT in the amount of ~ due on , 19 , provided. however, that the final payment of the entire indebtedness evidenced hereby, if not sooner paid, shall be due and PaYable on , 19 . ACCELERAT[ON - In the event any installment of principa! and interest is not paid Nrhen it becomes du~ the principal sum (Amount Financed) remaining unpaid hereunder~ together with all accrued and past due interest (Finance Charge), lest any rebates ! required by law, shall in~mediately and without notice become due and payable at the election of the holder. ~ 'ilie amounts referred to above have beea computed upon the a:umption that all installment payments will be made on the rrspective acheduled due dates. 'It?e FINANCE CHARGE is imposed on the unpaid outstanding balance of lhe AMOUNT FINANCED. If any installment is not paid in full on such due date the undersigned will be obligated to pay such additional amounta as may bernme ~ payable by reason of the oontinuing acerusl of FINANCE CHARGES at the ANNUAL PERCENTAGE RATE designated above. Any resulting char~es accruing on acoount of failure to make timely payment on the due dates will cause increasea in some of the amounts designated above. and such aggregate increase shall be payable at the ticne of the last installment: Any installment payment made prior to any due date or dates. or any prepayment. will cau~e decreases in some of the amounts designated above for the reason that the unpaid outstanding balance of the AMOUNT FINANCED will be reduced and the ANNUAL PERCENTAGE RATE designated above is appGed to such reduced outstanding balance. The undeisigned has the right to p~pay this indebtedness, in whole or in pazt, without penalty at any tune upon the payment of accrued FINANCE CHARGES to the date of prepayment, provided, however, that any padial prepayment shall be applied to the icutallment or installments of principal last maturing hereunder. Upon prepayment, the undeisigned s6a11 obtain a retund of t6e i unused portion o[ tt?e credit life andjor disability insvrance premium included in the AMOUNT FINANCED computed under the ~ "Sum of the Digits" ("Rule of 78") method f PROPEftTY INSURANCfi, if wrilten in connection with this loan, may be obtai~ed by the undersigned through any person of his ~ choice. Such insurance is aot arailable througfi the above named bank. ~ CREDIT LIFE ANDfOR DISABILITY INSURANCE IS VOLUNTARY AND NOT REQUIRED FOR CREDIT. Such Insurance ~ coverage is available at the oost designated below for the term of the credit_ ~ G~edit life Insuranre (Insured sl) a Credit Life and Disability Insurance (Insured arl j S ' Joint G~edit Life Insurance a Joint (Xedit Life and Disability Insurance ~ (Ilisability only on Insured sl ) a ~ I/We d' ~urance cqr~ e ted above. ~ _ ~ %G~ ~ a~~ Jul 22 137 ~ Y . (Insured 1) (Date) (Insured u2) (Date) ~ Presentment, notice of dishonor and notice of non-payment are hereby waived by each maker, endorser and other party to this ~ note, and each of them do hereby waive the right to be sued after default in the county of their residence. ~ SECURITY - this loan is secured by a Security Agreement of even date oovering the following described property: (Describe) ~ 1y~2 uctc~: Cr~_~~t ._._r~ - # ' ~ - ~-9524-Y• ~eT T~338 ~ _ ~ ~ 'I4~e Security Agreement will secure future or other indebtedness and will cover after acquired property. ; ~ 'I7~e undersigned acknowledges receipt of a completed copy of this note on the above date. ~ ' ~ / 3 ~ i ~ :1~:= . 11tr .:LP~~_t ~ (SEAL) ~ (Address) (Signature) • (SEAL) ~ ( Addresa) (3ignature) 4-0496~0007REV4-75 poc. S amps affixed to original note 800K PACE 1eJ~ ~ ~ , ~ - ~"~.~~~~x , t, - . # ~ ~ - -