HomeMy WebLinkAbout1712 ' loan TKmu
Sixt (60) Months
Y p~
t~tE = I4, 68~ . 60
a f~er dat~ th~ u n d tr~i~n ~ d, h~r~ina f»r cdl~
d Ma k~r, ~olntly a n d ~v~ral ly a~ 33.00
. promis~(i) for vaiw nc~iv~d to pay to tM ord~r of J~ns~n d~acb t~elc Mn- ~~~+~Y i
inaNer call~d Ba~k, at ib offk~ at ,I~ea~n Mach, Ne~{da tM sum of (totd
f pa ents) Ct~dif Ub (or Lih 7 50. 00 ~
$weX~ -one~Tiouisand nine huridred'~'if£een and d~ Disabilily) los.s
_ ~
6D`jI oo~~~n ~ ~.~~~~S.= ~ 420.00 ~
with int~r~sf t.•.tr~on at tM rat~ of ~a.~] % p~r ~nnun+, ail payabl~ In = ;
_60 monrniy tnitaun+~nts of 5.~.~~..2~L. ~+ch a+ thsllt~L_. day oi LOAN FSSS 25,,QQ ~
each suoc~ssiw ^~onth canm~+cinQ on _$@~~j„~,~.. 19.~.5.. top~th~r with t
a BALIOON PAY~~ENT OF lvone a,. _ , iq . 17, 203.00~
A Kn~ canou~d af tM ra» of =.OS p~r :1.00 on ~ach iro~allrrwnt in d~f~ult fa
a per~od in ~xctsa of 10 days m~y b~ charq~d tM Maker. No wch fir?e sh~tl ~xcNd ~ C~~~ _
SS.GO. Maker i~ •~~uir~d fo pay sll coib of coll~ction, tncludin~ a nasoosbl• ~ttor-
ne+ s fN ii nfs~~sd for coli~ction o~ Ipd p?ocNdirgs. All paym~nts, wM~h~r prin-
; cai, int~nst or a--~rwis~. not ?ec~ivsd when dw sh~ll b~~~ inro.est at 10% psr i '
~--vm from du~ cs~~ unHl paid. All paym~nts made Mnundtr shall be tredihd ANNUAL P~C~1TA~iE RATE %
j•s• to ieterest, ~~~n to lawful ct+ary~s tAen accrved,: and• last to p~incipal.
If the Iwn ~s pnpaid in fvll, ~ocel~rated or nfinsnosd, tM Maker shall as of tM dat~ of wch ~wnt no~iw such nfund of tM un•
ea~n~d ponion of credit lif~ inwru~c~ pr~mium a~d finanu chsrye snd such other cndit as may b~ nquihd by law w as rt~ay b~
recsuary to avo~d :nurlr, provid~d th~t tFw Ho1dK m~y rotain a minimum financ~ charp~ of =~5.00, wirtMr or not olMrwis~ ta~n~d,
ard e~cc~p~ in th~ css~ of • r~financfn~ no fina~cs cha~ or pr~mium nfund shall b~ mad~ if it anfounq to I~ss than =1,00. R~t~r?tion
of aMr minimunn fina~:s sh~ll b~ tn a~dition to ienias charyt if any. Any lanquap~ ~IstwF~ Mtiin to tM conh~ry nofwitMtM+dinq,
neither Bank nor sny ~ofdsr heroof shall rooeiv~ or ntain a~y char~ w inMrost not allow~d by law.
As i for ti+~ payment of this noh AAak~r has pl~ed w d~positd with Bank tM fdlowinp propMtye
197~~ICings Highway Motor Home 26' I.D. #M49CN3S011461 _
W Real Estate Mort~aqe on Lot #1234N at O.R.A. ~
(includirg all cssh, stodc and other
dividends and all riyhts to subsuib~
for s~curiti~s trKid~nt to, decland orpraNrd 1n conn~ctien with
such property), which Propsrty. topether with all additiau ~nd subs~itutions here~h~r pl~dyed or d~posihd with Bank is t,all~d th~ Col.
late•a~. The Colla?eral is also plsdyed as s~curity fw all ofMr liabilities to Bank, (primary, s~aondary, dinct, oontinQ~M, soN, ioinf or
severaq, due w to become dw or which may b~ hereafhr contrscted or acquired, of each MakK (or of ~xh Mak~ ane! an~t otMr pK.
son). Ths surronder of this not~, upon payrt?ent or othervviss, shall not affed tl» ~iQht of Bank fo rehin tM Co1lat~rd for wch ofMr
liabilities. .
~RE~IT IIFE AND CREOIT IIFE d~ DISABIIITY INSURANCE ARE VOtUNTARY ANO~p R~(
IR~ FOR CREDIT, Sud~ ie~p~
coverag~ is availabl th~qqst deaipnatad bebw fo? the term of the cradit: (a) S!~~ • fa Crsd~ ttt~ In-
suronoe (b) i ~~~.l71J ~ fw Crodit life d. ~isability Inswano~: .
ch«r~****~0 000 cov. for C L and $10,000 cov. for A/H***** -
Appl. Q Credil Li~e Insuronce is desited on the lih of
Box - .
&rthdaro
~j Credit lih b Dis~bilify Insurancs is deslred on Bernard .7. Murphv :
_ . Bt?tt~dat. DeCembe~ 4, 1931 ~ -
?~.edit Lifs and/w Disability Insunnas is not . ~
~ate: ~v,s#',.. 9 ~ 1975 Siynatun ~
~ rnar . -
Signaturo _ .
Additian ro, reductiau a exchanqes of, or substitutions for ths Collateral pryments m aoeount oF t loan or iexr~ases of th~
ssme, or othn loans made partially w wholly- upon the Collaterol, may from »ms to tims be m~ witFwu~ affectiny th~ provisiw~s . :
of this rwts. Bank shall extrcise roasonabls caro in the custody and preservaYron of the Cotlateral ro th~ ~tent nqwrad br applieabl~ `
statute, and shall be deemed ro hsve exercised rcasonable care iE it takes such action for that purpos~ u 1NakK sMll esa~onably requ~st
in writin~, but no omission to do sny ac? rrot raq~ested by Msker shall be d~ernsd a falluro b~xertis~ t~asanabl~ ut~, and no anis•
sion to comply with any request of Maker shall of itself be deemed a failure to exerrise reawnabl~ a% Bank shall not b~ bound ip
take ar+y steps necessary to prose~ve ury ri~hts in the Collsteral ayainst prior psrti~s and Miket shal) tak~ alt rnass~ry st~ps tor wd~
purposes. Bank or its nominas need not co lect interest on or prirxipal of any Co1laMral or ~iva aey notiw with nsp~ct to H.
If the Collsteral shalt at any time becoms unsatisfactory to Bank, Msker shs0 within on~ ds~r ~ftx danand pld~ and d~o~it
witfi Ba~lc as part of tF?e Collareral additional property which ia satisfectory to Bsnk.
If Bank deems itself Insacuro, or upon the happening of any of the followinp wents, each of wl~kh sFwll oo~tih~ ~ d~f~ult h~re-
under, all liabifities of each Maker to Bank shall thereupon or theresher, at ths option of B~nk, without notio~ or duna~d, b~oonN dw
and payabla: (s) the failure of any Obli9or (which term shsll n+~?an and include esd~ Maker, endarssr, sunl~r, snd ~uar~ntor of this
note) to perfo~m sny a9resment hereunder, to psy interest hereon within ten days affer it is due, o? if tMr~ b~ no dw d~, after it•
is billed or oiherwise requested or demsnded, to pay any othe? lisbility whatsoeve? to Ba~lc wh~n du~; (W th~ d~sth of aet~? Oblq' or.
j (c) the filirq of any p~tition under ths Bankruptcy Act, w any similar faderal or st~t~ ststu~ by w a9akat an~r Obliqor; an •ppl
i tion fa ths appa ntment of s rsceiver for, the makirq oE ag~ neral auiy~?ment for tM bensFit oi usdi by, or fh~ insohr~r of arry
; Obliqor, (e) the entry of a judgert~ent against any Obliyw: (t)j the issuir~q of sny attacFwneM or yamisMf~e?t. or the filieg of an~? li~tt,
agams~ any property of soy Obliyor; (g) the taki~g of pouession of any substaMiat psrt of IM propKly of any Obli~w af tht irota~o~
~ of any govemmental authority; (h) the diuolution, mer~, conwlidstion. or reoryani=ation of any Oblipor: th~ ~ssiprwNnt by an~
~ Maker of sny eqoity in any of the Collateral without the writtem m~sent of the Bank. Each Obli~or Mrrby waives any raquine~ent of
~otice o? demand reflecrirg such aaoeleration insofar as such reqoirement be in addition to the ~mre ~ of any nn»dy afforded in
E this Nofe o~ the institutioe of svit by ths thsn holder. •
~ Bsnk shsll have, but shall not be limited to, th~ iollowiny ri~hts, ead~ of which may be exerds~d d any tin» wMthK Qr nd t1~is
~ note is dve: ro pledqe or transfer this ~ote snd tF+e Collateral and Bank shall tMreupon bs reliwed of ~II duti~s and n~panibilitiMs
~ hereuoder and relieved from any and all liability with respsct to ar?y Co11aMa1 so pkdpad or transfe~rod, and any p1~dpK or fnns•
feree shsll for all purposes staod in the plue oi Bank hereunder and have alt tM riQhts of Bsnk Mrwnd~r, {iQ to transbt th~ wlal~
~ or any part of the Gollateral into the nams of itself w its nominee; (ii~ to vote the Co1lNeral; (iv) to nWiiy ti~s Obliyas of arry Co{- :
lateral to maks payment to Bank of any amounts d~e w to become due thereon; (v) b demand, su~ for, oollsct, w nw{~nany oon~pro-
mise or settlement it deems•desinbk with reference to the Collateral; snd i!~ *~4r t~4 ~r ~f r~~-l:r~. . t
Bank is hereby given a lien upon and a security interost in all propeAy of each Oblqo? now or at ~ny tHM h~afbr in ~ pos-
sess'ron of Bank in any capaaty whatsosver, includinp but not limited to smr balaooe or sba~e of any d~poait, tnnt, orspa~ ~ooouiM,
as the securiry for the payment of this note, and a similar lien upon and security interest in all suchp~op~ty of e~d~ Msk ~s ~
for the payment of all other liabilities of each Msker to Bank (includinq liabilities of esd~ Maksr and any ~ pMSOn); snd B~nk
have the same rights as to such property as it hss with rospect fo the Collatersl.
If Bank deems itseif insecure or upon the occurrenos of aoy default hereunder Bank shslt havs tM iwedoaun and atMr renwdNs
of a sccured paAy under the Unifam Commercisl Code, w other appliuble law and, withovt limitinp th~ penerality of tfw fo?poieg,
Bank shall have the right, immediately and withoul furtFier adioo by i1, to set off ~gainst iha note all owsd by Bank ins~r o-
pacily to each w any Maker; and if such set off shall oaur, Bank shall be deemed to h~ve exercised srtirK~ set off and b haw
made a charge agsinst sr+y such money immediately upon the oocurrencs of such defavlt ev~t tl~ou~h wch is mad~ or antend
on the books of Bank subsequent thereto. Unfess fhe Collatsral ia perishsble or throatens ro decliee sp~edily in vslw or is of a typ~
~ customarily sold c~ a recognized market, Bank will Qiw Make~ reaso~?able notioe of the tims aod pl~ct of any pubtk sal~ tMr~of or of
the time after which eny pr'rvate sale or any other intendsd disposition thercof Is to bs made. The nquiron~nf of rNSOMbb notioe sha11 '
be met if s~x.h notice is mailed, postege prepaid, to any Nkker at the eddress given below or at sny olher addross sF~o~wn on th~ rea i
i wds of the Ba~k, at least five days before the time of the sale or disposition. Upon disposition of any Collate~al tfter 1t~ ooturreric~
of sny defavlt hereunder, Msker shall be and remain liable for any deficiency; snd Bsnk shall aooount to N11~ket for ~ny surplus, bu1
~ Bank shall have the right to apply all or any pa~t of such surplus (or to F.o!d the same as a ressrw a~ainst).any and dl wi»t li~biliti~s
of each or any Maker to Bank.
No delay or omission on ttie part of Bank in exercisinp any z-r ~e:eunder shsll op~rate as a waiver of such t u of srry oRMr
~ right under this nbtei Presentment, demand, protest, notice o4 c sr,-c•. ~nd extension of time witlwuf notioe ar~h
eby w~ived by
~ each and every ObliQw, The Obligors, jointly and xverally, c•=^~:3e an~ a~ree to pay alt costs of oollection and reasonabl~ attornrys'
fees (not less than 10°l6 of thepr intipal svm) irxur•e~: or pa~~ b~ Sa~k ~n enforciny this noM upon ths oocurrencs of any d~buh.
~ Any notice to Maker shsll be suFf'Kienfy served for ~tl ou•~cus +f ieft ~pon or placed in ths mail, posta~s pepaid, addnas~d fo tM '
p.emises at the addrcss shown betow .r any o:her add~ess s~own on Bank's record~. ~
Wherever this note is executed by a co-meker erdorser who is the wife of a mak~r or eedwser, the said wif~ dws Mr~by tx- ~
pressly acknowledqe the within debt is tier jo~nt a~d ~^d~vidual debt.
Each of Maker acknowlsdyes -rs•~ f e c:+s~p:e:ed copy of this N%~n ths abo~rr dat~ ~ #
„l % .
i * I ~A~
Add.ess: ~ ' ---R'--- A
--~~~a9 t_ =_=.23 X ~.~__.,~1~~ ° • ' (5~1
.gerrlar~ J. :4u~h -
~~nsen Beacr, Fla~_______ - GL ~ !.t• ~ ~
eronica ~"u`rp y ~ ~
7~'~g`~`°~ ~ baaK243 PACE171
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