HomeMy WebLinkAbout0297 . ~raTwtu~nr nvre
' (i~cu~d and UnWCUnd)
t~.~. N.. o.~ 22 August T5 ~ 26 Au~. 80 :7 183. 20 -
_ ~
• loan Ta«
------------•SIXTY~60) MONTHS-• p~ i ~ 25:~....._.
~f1~r daN tM unc~nlqn~d, Mroinaf»? u1Nd Mak~~, iointly and ~wnity CliAROE . = 1~~ 3Z. 40 _
p?omta(,; tor vaiw r.atwd ro p.y ro~. order of ~..n ~ s.~k h.n- ~t+~? _
InaR~r ca led 8ank, at iti offia it Ja~e Mad~t llKid~ tM :wn of ~trot~1 ~Q
of payme~ts) - • ~ - • • - • • - - - • - - - • - • - - • • - - Cndit lih (or t~i
~ ~r~
aV =1 d ti ~~[~x~~Q; ~ Gisabl(H~r)9ta~O - ~
- as~ass~ss~~ss~~::.Ra~~:y::a:::r::s: : _ _ ~ ~ ~ '
wN~lL I~flN1'Mt 1~1N?011 ~f f~M Ia1~ Of ' 'o qL.___Xi P~? N1fWrt1. ~Q ~ly~~alll i
~3~L~ IIIOfN~1h? ~fqla~~f11M11s Of =..,i~i1~ ~~C~1 Ofl 1fN diy~~? ~S = ~O E
NC~1 ~Y'OONfhN IIIWMf1 COf11ftIMIC~f10 011 ~ 19
BJILLOOt~ PAYMEM OF = Hon~_ Dw .....~.IL.~__ _ 19 _ , AMOUNT -
~ i .~a~3~. ~Q
~ pKbd
M~~
o
f 1
0 ~=.OS p~ r ;1.00 on s~ch installmsro in dtfauh ior
d a
y s m~y b~ t
l w r
q s
d 1 M Mak~r. No suth ftn~ shall excwd
t5 00. M~kK is nquihd to p~y all costs d co1Netia+, tndudinp a reasonabh atton
nsys fN if nferred for oollatbn or le~al prouedinps. /?II payms~tt, wMther prin- ~ _
dpd, iM~rost o? otF»rwis~ nof noeived when dus shall bsu IntKest ~t 10'X~ pe~ i______.~~L!_ZZ~
~n+wn from dw dat~ unN~ p~id Ail payms++ts mad~ henuods. sha11 be usdit«l ANNW?L ~ERCENTAGE RATE %
R~t to int~r~st. 1Mn to {~wFv) chupK th~n ~ccru~d, snd last ro p~incipil.
If 1tr iwe bpnp~ id in full, aocskntad or refinano~d. the Msk~r aMll u of tht date of wch event nosive wch rofund of th~ un~
~n~d portton of th~ cndN Iif~ iasurana~ pr~nium and f(nsr~ cM~ and such other aedh ~sm~y be nquirod by I~w or a' ensy b~
and
~x~t
in
hsce~oF a~i~fi ~~ain a mi nimum flnance cha~ of =25.00, whether or not otl~wist eam~d,
of ~rry mtnimum Bna~cs ~MII b~ in ~°O fir~ooe charps or premi um rofund shall b~ msd~ if it amounts to Isss thu? i1.OQ Mtention
n~itF+K 8ank na a holder Mreof shallifreoslve orryietai~ e~ char~. Ar~y lanpwqs elsewhers heroln fo the contrary notwithstudlnp.
ny ~y ps or interest not allowed b~r law.
As seairity for th~ p~yment of this ~ote Maksr has pledpsd or deposited with Be~k ths followinp op~rty:
1. Lot No. 47. R'indmill Yillage, Jensen Beach, Florida as c~escribe~in ss
mort a e ~
~ inp ail cssh, stxk and other dividsnds and sll riphts to wbscribs for sacu~ities incideM to, declered or ~~amed in connxtion with ~
p~op~~ty), which p?operty, toyether with sll additions and substitutions heroafter pledged or depoait~d w~th Bank is ulled the Col-
late~sl. The Collateral is also pledqed as security fw all Wher liabilities to Bank, (primsry, secondary, dired, ca?tirqeM, wl~, ioiM or
~everal), due or to becoms due or which msy bs hereeher contracted or acquired, of each Make~ (w of each Msker and aey Whsr per-
sw~~ The surrorxbr of this nots, upon paymant or otherwiss, shall not affed ths riqht of Bank to retsio the Collatenl for such WM?
liabilities. -
CREDIT LIFE AND CRE~R LIFE d~ DISABIIiTY INSURANCE ARE VOIUNTARY AND NOT REQUIRED FOR CRE~IT. Such insuranas
cove~sge is available at the mst designated bebw for the term of the uedit: (a) t_. fw Crodit life In-
sunno~ lb) t--~-~----~~_~~- fw Credit life ~ Disability inwrance: . -
Chet~c
p Credit life Insurance is desired. on the life of -
BiAhdsro
Q Crcdit Life d~ Disability insuranos is dssirod on
st?rhdaro
Credit Lifs and/or Dissbility Insursnos is not desirad.
Ang. , 19T5 ~„awro ~ _ _ Dowell I'~. Cross
sr~~wrox' _ Loretta Cross.
Add'Aions fo, rodudiau or exchan~ss of, w substitutions for. the Coliate~al, payments on aocou~ of this foan or inueases of tbe
s~, or otFw loa~u made p~rtiaily a+ wh411y epcx: the ~Qlitterel, r.~y !.s~» tirx to tir.ree ~e m~ wit!r_~st aHect':ssQ ths provinians
of this no~. 8ank shell sxerctse reesonable caro in the custody and preservsYron of the Collateral to the extent mquired by appliubk
statvl~, and shall bt dsemed to have exercised reasonabla care if if takes such sction for that pvrpose as Maker shali reasooably requsst
in writinp, buf ~w omiuion to do any ad not roqussted by Maker shali be deemed a feilure to exercise reasonsble uro, and no omis-
sion to oanpty with any rsquest of Maker shall of itself be deemed a failuro to exercise rea3onabfe' ure. Bank shall not be bound to
take sny steps nsosss~ry to p?eserve arry riQhts in the Collaterat against prior panies and Make~ shatl take all neces:sry steps for such
pwpos~s. Bank or ifs naniose r~ead not adlscl interest on or principal of amr Coilaterai w give any notioe with respsct to it.
If ths Collateral shali at ary tims beooens unsatisfadory to Bank, AAaker shall within one day after dem~nd plsd~e and deposit
with Bank es part of ths ~oil~teral additional propsrty which is satisfectory to Bsnk -
If Bank dsems itseif imscum, or upon the happenirg of any of the followiog evenn, each of which shatl eantitute a defwh hen-
uridsr, all liabilities of eath Nliker to Bsnk shall thereupon or thereafter, at the option of Bank, witfwu~ notice a~ demand, beaorne dus
' ~nd psy~ble: (a) th~ failure of any Oblipor (which term shatl meae and inciude each Maker. ~ndoner, swstY. and pwrantor of this ~
no1~) to psiform amr pnemeM hereuoder, to pay interest hereon within ten dsys aher k is due, or if :hem be no due date, afMr it
I is bllled or olhKwise roquasted or demandsd, to pay sny other liabiliry whstsoever to Bank when dua: (b) the death of aMr Obl'~qo~:
the fllirg of any pstition wxkr the Bsnkruptcy Ad, or sey similsr federel or state statute, by orsga irut any Oblipor, an applicr
i fion for fh~ appoinfineM of a reoeiver for, the makirg of a ral auiynment fw the benefit of cred'Aors by, or the i
Obltpor: (e) ths eMry of a iud~rt~en
f inst a~y Obii~or: (~ths issuirg of sny attschment or yamishmenf, or the fili~
~~I~i,
apa ~u iyo~
~ i~ut any propsrfy of any ObI the fakiny of possession of any substantial pa~t of the property of ary Oblipor af ths Irnfana
of ~ny po+rsrnnentsl etAt~ority: (h) tFie issoluHon, merger, coruolidatwn, or reo~yaniutwn of a+?Y Oblipor the assi4rwnent bY ~+Y
Mak~? of my equity in amr of the Collateral without the wrirnn oonsent of the Benk. Each Obii~ hereby waivas any roquiremsnt of
notlo~ ar drmarx! refledirq wch aooeleration insofs~ ss such nqvirement be in additio~ to the mem exercise of any mmsdy afforded in
thk NoN or 1h~ i~~stitutlon of svit by the ti~a~ holder. .
Ba~k shall have, but tMll not bs IimHed ~o, the followinp ri~hri, each of which msy be exercissd at eny ttme wFiether or not this
nols is du~: to_pisd~ or tnnsfer this note and the Cdlsteral and 8snk shalt themupa? be ?elieved of all duties and ?esponsibilities
h~nunde~ snd relisved from any ~nd ~II IiabiP~y with respsd to sny Collsteral so pladyed or transfernd, end arry pledy~e or hans-
f~ shall fw ~IIpurposes stend in the plaoe of Bank hereunder end bavs sll the ts of Bank henwr~der: (iQ ro tramfer the wlwl~ '
orarry p~rt of ths Collateril irno ths name of itself or its nominse; (ii~ ro vote ihe~liaterel: Cn) To nWify the Obliyo~s of any Col-
IaN?d to mak~ paymeM to 8ank d aoy arwunb dus or to bsoorne dus thsreon; (v) to demand, sue for, ooilect, w makear~y oompro-
mits or t~ttlemsnt k d~emi dairable with rofsrenoe to th~ Collaferal; and (v~~ to tske oontrd of any proossds of Collsteral.
B~nk is F~sreby ~iven a lien upon and a sacurity interest in sll propsrty of each Obliyor now or at any tims hemafter in ths pos-
sasfon of 9a~k in any upadty what:oevsr, includirp but rwt limited to amr bstsnoe or sharo of arry deposit, tnat, oraysncy aawmt,
a th~ s~axity for the p~yme m of this nofe, and a similar lien upon and security intercst in all wchprope~ty of eed~ Msker as sscu~i~y
tor th~ piymsnt of aii othsr Uabitities d eacfi Msksr to Bank (indudirp Ilabiliti~s of each Msker and aoy other pena~} and 8enk shatl
hav~ tM san» ~iphfs ~s to wch pr~operty ss it Aas with rospsct w the Collate?sl.
If BarJc d~ns itself irqecure w pon ths oocwrenoe of arhr defauh herounder Bank shall hwe the foredowm sod othsr remsdiss
of a s~cwrdp~ty urder the Unifomi Cornrtiercial Cods, o? other applicabie law snd, without limiti the generality of ths fore~oinp.
B~nk ~hall haw th~ ~M inwn~diately and witi~ovt further sction b r~it, to sst off ayainst this note al~rtwney owed by Bsnk inar~y ca-
paity b s~ch ot any ti1~~csr, and if such set off shall oavr 8ank s II be deemed to have exercised such rioht of ss~ off and to hsw
md~ ~ ch~ry~ apairut any such morNy immsdiahly upon t{~e oavrrence of wch defsuit even ttaugh such duros is made or enterd
~ on tht books of Bank wbsequent thereto. Uniess ths Collsieral is perishable or thmatem to decline spsedily in value or is of ~ fyps
[ custan~ity sold on a recoyninsd market, Bank will 9ive Msker rcssonaWe notioe of the time end piace of ~ny p~lk sak thereof or of
~ fhs tin» ~fler which any pinate ssk or any other intendsd disposifion thereof is fo be made. The requirement of re~soMble notios shail
b~ mM if wch ratfw is mailed, postaye prspaid, to any Malcer at th~ address given below w et any otF~sr addroas shown on ths rsa
~ ords of th~ Bank, at leest fiw days befors the time of the sale o? disposition. Upon dispoaition of srry Colisterei after M~e oavnenos
of any d~fwh hsreunder, Nl~ker shsll be and remain liabk for my dsficiency; and 8aok shali aocount to Maker for any wrplus, but
Sank shall haw the ripM to ~pply sll or aM part of wch wrplus (or to hold ths ssrne as a rese?vt apainst) amr a~+d all other IiaWliHes
d sach or arqr N4ker to Bank.
No deiay or omission a+ the part of Bank in extrcisfnp ~ry ri~ht hereunde~ shall operate as s wsiver of wcf~ri~M or of any ofhsr
ripM und~t this nde. Presentment, demand, p?otest, notice of disfwnor and extension of tims without notios are heroby wsivad by
wch and w~ry Oblipor. TM Oblipors, ntiy ~nd severally, p?omise and ayree to psy all costs of colledion and reasonabb sttorneys•
h~s (rat less N~sn 10'X. of thep~ mcipa~sum) irKUrred o? psid by Banic in enforanp this note upon the oocurcenoe of any defauh.
My notios b Nbker sh~ll be wff'Kiently served for all purposes if left upon or ptaced in the rtail, postaqs prepsid, addrassed to the
pnmis~s at tFN add~ss sF~own below or arry other addrou shown on Bank's racwds.
Whenwr this nW~ is executed by a co-maker or endo?ser who is the wife of a maker or erdwser, the said wife does hereby eu-
pnssly adcrqwldp~ fhs within debt as her joiM and individwl debt.
~ Ead~ of llll~Iw ~ r~oe(pt of a completed aopy of this No?s an the above dste.
~ ` ~ 15 Y~ a~re~nd Avenue s X ~ , _ ~n
~ ~owe~: ~oss
~ J ena en Beach, Fla 3 34 57 X ~ J~n
~ .„,~,,,,,p~ -~retti~~ros e -
BOOx 243 PACE ~y~
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