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HomeMy WebLinkAbout2009 • ~~a~waan~s~~ ~v~s IlUUa 4 (S~cvnd and Uns~cun~ ; •'Not~ No. nat«k ;-1-~ - t9Z~ Du~ ,7:1nc3 la 14 7A : 3.^53.26 ? loan T~m?s: ~ Proc..dt f __._._3~'=18.79 ~ Thirty-aix (36) Month~ p~« 513.37 s after dsro ths undsriipned, he~e(naher called •Maker, iointly ~nd ssv~relly ~E fi. Q~ promtse(a) for vdue rocsived to pay to the wder of J~~n Mad+ ~ank hera ~'TM^~~'Y i~after called 8a~k, at its offics at J~ns~e Mach, fiorida ths sum of (total me --•--MN.-_ Chdit lih (or tih 210I10 - ~~~e ~ ousanc~-_.nine ~Fiundred~~fif~~~~.~iree an8 d~ Dlsebility) Ins.i r~~~~ Dollan - pfFNr (itsmiu) i 9:36_"'-- ay.ba i~ wiM inNhtt fF~x~on ~t th~ rsts of ~___._..-••.----•--'16 Dir snnum. sil =_.~_..__M monthly irntallrnents of t._~~4:_~~_ each on tM dey of LOIlN P'~BSt -------___i~•~~ each suoassiw ma?th ooe~m~ntinq on ......SI~~X_~~---~ 19-_~_~.. toqethe~ with a BAL100N PAYMENT OF YlOTIe______ p~ 19 AMOUNT 3~~~4. ~9 _ ' fINANt~ i A Arw computed at ths raro of :.OS ps? 1.00 on esch instellment in default fw ~~~~~~y sps~ iod tn exuss of 10 days may be char ths Maker. No such fine shall excssd ~~~emiz~) _ - :S.Od. 1N~ker is requirod to psy ail costs of cdlection, inciudinq a rcasooabh sttor- ne~/s iae if roferred fw collection or leyel p~ooesdlnqs. All peymenb. whether prin- ~-'.9.~3~' cip~l, ieMrost or othervvtse, nW received when due shall besr interost at 10% Per annum from dus date until p~id. All paymeots msde hereunder shall be credited ANNUAL PERCENTAGE RATE yf, ~nt ro inMrost, then to lewful chs?pes then ~ccrued, a~d last to principsl. ~ If the Iwn ispr epsid in full, aocekrsted a refinsnced, the Maker shsll ss of the date of such ~vent rsceiv~ such rofund of the un- ~ earned pwtion of fM uedit life insuranc~ premium and finance tharqe and such other credit es may be required by Isw ot at may b~ nxessary to avoid usury, provided that ths Holder may retsin a mi nimum finance charpe of 525.00, whsthe~ ar oot otherwise earned, and excsp~ in the case of a refinancin9, no finance char9e or premi~m refursd shall be mads if it amounts to tess than s1.00. Rete~tion of am? minimum finence shall be in addition to service char9e if smr. A~ Isng~sqe elsewhere heroin to the contrary notwithstsndinq, osither Bank nw any holder hereof shall receive w retain any cherge or interest not allowed by law. As sewrity fa the payment of this note Maker hss pledqed or deposited with Bank the folbwiay propeAy_ --------?R.~.=---1`,T~.----------•------ - - - - . - - - - - - - - - - - - - - - (~nduding a!1 cash, stock and other div~dends and all rights to subscribe for securities inddent to, declared or 9ranted in connectio~ with suth p?operty). which property, together with all additions and substitutions hereafter pledged or deposited with Bank is called the Col- larer.~'. The Coll,,~efa! ~s atso pledged as secur~ty for all other liabilities to Bank, (primary, secmdary, direct, continqent, sole, ioent o? several), due w to become dve or which may be hereafter contracted or acquired, of each Maker (w of each AMker a~+d sny other per- son). The surrender of this note, ~pon payment or otherwise, shall"~ot affect the right of Bank to retain the Collateral fo? such other liabilities. CREDIT LIFE AN~ CREDIT IIfE 3 DISABlIITY INSURANCE ARE VOIUNTARY AND NOT REQUIRED FOR CREDIT. Such iosurance coverage is svailable at the cost designated betow !or the term of the credih (s) f for Credit life In- suranee (b) . for Credit Life b Disability Insurarxe: Check Appl. p Gedit Life Insurance is desired on the life of Box - - Birthdate - - - ? Gedit Life b Disability Insurance is desired on Birfhdat0 - - - - - - - - ~ Credit life and/w Disability Insuranca is not de 'r~d. . Ma 30 1975 ~ - X t ~,ii'---=-~-~~-- - , Oate: Y------~------- - S~gnature Signaturo ~Otl@II D. CrOS~ Additions to, reducY~w?s or exchanges of, o? substitutions for the Collateral, payments on aocount of this loan or increases of the same, or other~loans made partially or wtwlly upon the Collsteral, may from time to time be made without affeetin9 the provisions of this note. 9ank shall exercise reasonable care in the cvstody and preservation of the Coilateral to the extent required by spplicable statute, and shell be deemed to have exercised reasonable care if it takes such action fw that purpose ss Maker shall reasonably rcquest en writirg, but no omiuion to do any act not requested by Maker shall be deemed a failure to exercise reaw~able care,.and no omis- sion to comply with any request of AAaker shall of itself be deemed a failure to exercix ressonable care. Bank shall not be bound to take any steps necessary to preserve any reghts in fhe Collateral against prior partias and Maker shall take all neoessary steps for such purposes. Ba~k or its nominee need ~ot collect interest on or principa) of any Cotbte~al or give any notioe with respett to it. If the Collsteral shall at any time become unsatisfactory to Bank, Maker shall within one day ahe~ demand pledye ar+d deposit with Bank as pa~t of the ~oUateral additional p?operty which is satisfactory to Ba~k. _ If Bank deems itself insecure, w upon the happening of any of the following events, each of which shall co~stitute a defauh hem- u~der, all liabilities of each Meker to Bank =hall thereupon or thereafter, at the option of Bank, without notite or ~mard, beoort~e due ' and paysbb: (a) the fsiluro of any Obli9c~r (wh~ch term shall mean and include each Maker, endorser, surety, se~d yuaranfw of this note) to perform any agreement hereunder, to pay interest hercon within ten days after it is due, or if them be no due date, aHer it ~ is bilkd or otherwise requested or ckmanded, to pay any otfier liability whatsoever to Bank when due; (b) the death of any Oblipw; ~ (c) the filiny of any petition ~r~der the Bankruptq Act, or eny similar federal or state statute, by or inst smr Obligor; an spptics- ~ tion for the appointment of a receiver fw, the msking of s ntral assignment for the bertefit of v itors by, or the insolvency of any ObliQw; (e) the entry of a j~dgement egsinst any Obligor, (~the issuing of any attachment or qarnishment, or the filirq of amr (ien, against srry property of any Obligor; (g) the faking of posseuior? of any substantial psrt of the properry of a~y Obligor at ths instanoe of any yovernmental sufhority; (h) the dissolufion, merger, consolidation, or reorganizatiot~ of any Obligor• the sssi9nme~f by any Maker of aMr equity in any of the Collsteral withouf the written tonsent of the Bank. Esth Obligot hereby waives am requirement of notioe or demand roflecting sucF? socekration insofar as such requirement be in additiot~ to the mere exercise of amr rert~edy afforded in this Note or the institutio~ of suit by the then holder_ • Bank shall have, but shall not be limited to, the following rights, each of which may be exercised at any time whether or not thts note is dve: to pledge er transfer this note and the Collate~al and Bsnk shall thereupon be roliaved of all duties snd responsibilities hercunder and relieved from any and all liability with respect to any ~ollateral w pledged or transferred, and any pkclgee or trans- feree shall for all purposes sta~d in ttie plsoe of Bank hereundar and have all the rights of Bank hereurxfer; (i~ to transfer the whote or sr?y psrt of the Collaferal into ths name of itself or its nominee; (ii~ to vote the Collateral; (iv) to notify the Obliqors of arry Col- lateral to make payment to 8ank of any amounts due or to become -due thereon; (v) to demsnd, we for, oollect, or make any compro- mise w settlement it deems desirabk witfi reference to the Collateral; and (v~ to tske control of any procaeds of Collateral. Bank is hereby given a lien upon and a security interest in all property of each Obligw raw or st any time hercafter in the pos- seuion of Bank in any capacity whatsoever, irxtuding but not IimHed to sny ba~anoe or share of any deposit, tnrst, ws~ency aaount, - as the security fa the payment of this rwte, and a similar lien upon and security intercst in sll such property of exh Maker as secwity fw fhe psyment of all other liebilities of each Maker to 8ank (including liabilities of each Maker and s~y other petson); and Bank shall have the same rights as to s~xh property as it has with respett to the Collateral. If Ba~k deems itself insecvre or upon the occurrenoe of e~y default F~ereunder 8ank shall have the foreclosuro and other re~t~lies of a secured party under the U~iform Comrt?ercial Code, or other applicabk law and, without limitiny the yenerelity of the forepoiny, Bank shall hsve the riqht, immediately snd without further action by it, to set off sgainst this note sll mw~ey owed by Ba~k in a~y ca- pacity to eacb or sny Maker; and if s~ch set off shsll oocur, Bnek shail be dcertied to hsve exerased such riyht of set off and to have made a thar~e ayainst any such money immediately upon the occurrence of stxh default even though suth charge is msde ot e~tered ~ o~ ths books of Bsnk s~bsequent thereto. Unleu the Collateral is perishable or threatens to decline speedily in value or is of a type ~ nntomsrily sold on a rccoy~ized market, Bank will yive Msker ressonable notice of the time and plsce of any public sab thereof or of ti~e time sfte~ which any private sale w any other intanded disposition thereof is to be made. Tbe rcq~irement of rcaso~sble notioe shall ~ be met if such notice is maikd, postsge prepaid, ro arey Maker at the addreu given betow or at a~y other addreu shown on the tet- ords of the Bank, st kast five days beforc the time of the saie w disposition. Upon disposition oi eoy Collate~al ah~r the oavrrenoe of any default hereunder, AAaker shall be ar+d remain liable fw any deficiency; and Bank shall aaamt to Maker for any wrplus, bul Bank shall have the riqht to spply all or am part of such surplus (or to hold the same as a reserve agsinst) any and all other liabilities of each or a~+y Maker to Bank. No delay or omiasion on tt?e parf of Bank in exercisiny any right hereuntkr shall operate as a waiver of wchny ht or of arfy ofher ri9ht under this note. Presentment, demand, protest, notice of dishawr, and extension of time withovt notioe are hereby wsived by esch and every Obliyw_ The Obligors, jointly and severelly, promise and aqree to pay all costs of collection a~d reasonable sitorneys' ~ fees (not leu than 1096 of the principal sum) irxurred or paid by Ba~k in enforcing this note upon the acurrence of any default. ~ Any notice to AAaker shall be s~ff'~cientfy served for sll purposes if left upon or placed in the mail, postaye prepaid, addressed to the premises at the sddreu shown below or smr other addreu shown on Ba~k`s records. Wherever this ~ote is executed by a co-maker w e~dorser who is the wife of a maker or endorser, the said wife does F~ereb~r ex- preuly ecknowlsdpe tF~e within debt as he~ joint and individusl debt. . Each of Nlaker acfcrawfsdpes rsoeip of a completed copy of thir Note of the above d~. 915 wavelanu :~venue Y. - ; ,~~cr-. f ~S..q ; - - ; Do e~3~ D. Cro88 ::ar.3en Heach, Fla. 3345? ~ ~„q ' - - - ~ Lore~~a - rosa ~ Q ~ r' k somwm~ ~ 800~ ~ ~y ~ '~"~c~'~ ~ _ _ ti