HomeMy WebLinkAbout0094 : _ 'TQ - 1S~cund and~Unsecu~ •
8 7~ Jan. 9,_ ~ 76- Jan. 16, 83 12,004.44
Not~ Ns. Dat~d: ~9 Dun 19 =
' 1 t. '
: , _ _ - • _ . . ~ .5 ~ ~ ~pMf T~ITit • .
Eighty-four (84) Months~ p~N E = 7.543.0
_ ~`393.0
aher daro the unde~siqned, Mrai~ah~r called Nuker, jointly and 3~verally' ~Rd~ ' 18 j
promis~(:) fa valu~ nctivtd to pay to tl+~ order of J~~hs~n Muh dank h~ro- ~~~~'1~ 3' '
inahtr call~d Bank, et its offios at J~ns~n d~icb~, flaid~ the sum of (tdtai C~it life (or lif~
6 Disability) Ins.i
~~welve
~ thousana~our, ~7 - - - - - • 630. 2 •
- , . . ~ . Dollan ~ ~~m~S : _ , . '420 . Q .
with inMreat ther~on at tM nt~ of , h
s~.._._.~76 psr annurn, ~all~ p~y~bl~ in • _ .
~$4.. nwr.*hly lnstallm.nn of' i~~~-. ~ d+ rM ~.~...~L~ day of ~ s
• ~ach suoc~ssiw ~noeth cot~trp on y 19..~~., toq~th~r with ~ •
a BAIIOON PAYMENT OF s• .~rie ` Ou~ ' ~ 19 ~ ~fINANCED : • 8, 611.'4
, A fiM comput~d at tM~nti of :.0! p~r =1.00 on ~ach installrtiant in dafault fw y~~aMiy oolbcf~d
s p~riod in ~acess of 10 d~ys may b~ charyed fM Msk~r, No sucF~ iin~ shall axceed
i5.00. Mak~r is nquind ro pay all oosn of collectton.'i~+tludi~g a~essonabt~ anor- , -
~r's fN if nhrrod fa ooll~ction w Isy~l proce~din~s. All payments, wMth~r prin. , s ~
~ cipal, intertsf or otherwls~, t+ot rateived when dus shall bear interast at 1096 psr
annum fran du~ dat~ vnt?I paW. Ail peyrt?~nts made hertunder shall bs crodited ANNUAL PERCENTAGE RATE X ~
~nt M'snt~nat, tMn to lawfvl tharyss tfi~t? acvued. snd tast to principsi. - ~
If th~ loan is propsid in full, socel~rated or reftnanced, tM Maier shsll as of tM da~~ of such avMt nosiv~ wch nhwx! of th~ wa ,
tarn~d poAion of tM cr~dit lif~ insuranu pr~mium a.~d firt~nce charge and such otF+e~ crodit asmay b~ nquind by i~w o~ ~s may b~ ~ -
. neceuary ro avoid wury, providsd tMf tM Hold~r may retain a minimum fic?a~ce cha~~ oE =25.00, wMeMr or not otlS~rwisi wnwd,
and except io tM us~ of a nfinandny, no finance chng~ a premium refvnd shall b~ mad~ if it emounb ro less tlun =1.00. Re~ention _
of aryr minimum Hnance sh~ll bs in additior? to sKVice charpe if sny: Amr lanpups efs~where hsnin to th~ cnntqry nolwithstandi~,
. neitF+~r Bank noc a~y holder Mnof shali racsivs o~ relain any charpsa w int~reat nW allow~d by law. .
• As sacurity fa. tM p~ym~nt of Mis oote Mak~r has Pladp~d or depositsd wlth Bank Nw followin~ ~
~ REAL ESTATE MORTGAGE-FROFSRTY IMPROVEMENT _
- . _ _ _
:(irxludin~ all cash. st~ock arid•otherdivid~nds sna all riphts ro subxribe for securities iocidsnt ro. dsdand or qat?t~d in ~tion wNh ~
such proWNY), wh~d+ Woperiy: to9~N+~r with all ~dditlons ard subsrituNons hereake? ptedqad or dep~osit~d with Bank is p{led th~ Cd- _
-=larorsl. The Collateral Is alsapltdged-as s~cu~ity for all otMr liabilin~a to 8a~k. (primary. sscondWy, dic~ct, continq~M. sob. ioiM or - -
-swe.aq. dw or to b~cwn~ du~•a which-may ba heresf»r contracted or scquired. of e~ch Maksr (or d sach MakK and any otl+K pK- - .
son). Ths :urnnder of this not~, upoq psyreNnt or otMrvvis~, shall not affect tM ripht of B~r?k to ntsin th~ Collat~ral far sueh otM~
_ =liabiliti~s. _ ^ :11-^.:• _ - . ~ - ~ _ . • . . • ~ .
= UtED1T UFf AND CRfDR LIFE• b O15ABIlITY INSURANGE ARE- VOLUNTARY AND NOT ~?v FOR dt~IT. 5ucl~ inwano~ _
coveray~ is avail~bl~ t ths at,d~~?ahd b~low_~or "th~term of the credi~ = 6• for Cradit Uh tn- _
" ==su~ (b)$il . _ - ~t _~'a- m03.: .~1~-'-~ Gedit'lifs Disabili~y liuunnos: . , . . . , _
-Appl. Q. G+di~4h Insunnca is deslr~d`o~ tht.lif~.of, .T.~:_;,;.,
: ' 8ox - - - - - ' BirtAdata r ~ ~ _
~ ^ . ~ Robert L. Hansen . -
~ ja G~dit ui~~-Disat~iiit~r ~r?surance i: de:i?ed on~ - - - -
_ . _ . _ - . _ . = = s~.~,d.~: Apri •
~ e Gadit lifs s~d/a Dlsabiliry Inw?arxs is.nat
oaro: _January 9, 19~6 "s~y~ro~. _~!d~~~, . ~ -
~ S~gnetun ~ RObeY't L. Ha sen
Additions to, reductions or exchanges oi, or substitutions for t:-e Cot!ateral, payrt~enn on aaovM of this loan o. increases of the
same, or othe? lonns made partialty or wholly upon the Coilaterat, may from Nme to time be msde withoui afftciing tM p?wisions
ot this note. Bank shall exercise reesonabte cere in the custody and prex.vation of the Cotlateral to the e:tent reqvired by applicsble
statute, and shall be deemed to have exercised reasonabie care if it takes svch action for that purpose ss Makx shall reaso~abiy tequest
in writing, but no omission to do any nct not requested by l.t,~ker shail be deemsd a(ailwe to exercise reasons4te care, and ~o omis-
sion to compty wirh any request of Maker shafi oF ituif tx dcemed a faitu.e 1o ear :e reasonable caro. Bank shall not be bound to
' take arty steps necessary to preserve any rights in the Cotlateral a~ainst prior parties ~tf Mskei shsll taka all netessary steps 4ot suth
purposes. 3ank or its nominee need not collect interest on or pr~ncipal of eny Collat .ra! w giw any ~otice with ?esptct to it.
If tF.e Callaseral shall at any t~me becume unsasisfac:ory to P.ank, h'ake. shaN w+thin one day aflsr demand ptedy~ and dsposif
with Bank as part of the Coliateral a~lditio~al property which is satisfactory to Bank.
IE Bank deems itulf insecvrs, or vpon the fiapptning oF arry of the ioilowing events, each of wF~ich shall constitv~e a d¢fault hsra-
vnde~, all liabilities of each Maker to Bank shatl thereupon o. thereafrer, at the optio~ of Bank, without no?ice or demand, becoms dvs
and payable: (a) the failure of any Obligor (which term shail mean ar:d include each Maker, endorser, surery, and gwrantor of this
nolc) to perform any agreement herevnder, ro pay intere~t hereon w~thin ten days after it is due, ot if the~e be no du~ date, after it
is bilted or otherwiu +equested or demanded, to pay any orher liab~l~ry whatsoever to Bank when due; (b) the dcWh of any Obligor;
(c) the fiting of any petition under the Bankruptcy Ad, or any s~a:i;er federal or state statuM, by or against sny Obtigor; an applita-
tiw? for ihe appointment of a receiver for, the making ot a yaneral ass~gnment for the benefif of vediton by, or the intolve~cy of arty
i pbligor, (e) the entry of a~udgement against any Qbl~gor, (f) the iswing of any aRachment ot garnishrtseM, or the filing of anp lim,
against any p.operty of any Obligw; (g) tne takin.g of possess+o~ of any substantial part of the propsrry of aMr Obligw at fh~ Instsnce
of any govecnnx~tal autFwrity; (fi) tF.e d~sso4ution, merger, consolidat;on, or reorganization of any Obligor; (i) the assignment by eny
Maker of any equity in any of the Collateral vvithout the writ!en consent of !he Bank. Each Obligor hxeby waives any requirc~rtent of
~ ~.osict w drmsnd reffecting such ac.ceferation insofar as such requirement be in add~tion to tha rt?ere axercias of any ranedy sfforded in
i 'his Note or the institution of suit by the ihen holder. •
~ Bank shsll havs, bw shall not be limited to, ths following righrs, each of which may b~ exercised at sny tim~ whether or not tMs
~ note is dw: O to plsdge or tro~sfer this note and the Collaroral and Bsnk shall therevpon be ceG~ved of all duties and responsibilities
; hereunder and reli~ved from any and a!I liability with respect to airyr Colla~erai so plsdgsd or hanaf~~red, and any pl~dge~ or tnnr
~ feree shall fot all purposet stand in eha plaoe of Bank hereunder snd havt al{ the riqhts af Baek herounder, (ii) to transfer tM whol~
( or a~ryr psA of th~ Collateral inro the name of itself or in nominee: (iii) to vote the Collatsral: C~v) to notify ths (~bligors of any Cd-
~ lateral to msks payment to 8a~k of any amounb due w to betorne d~e thereon; (v) to dsmu+d, sw for, aollect, ot rraMean~? Cbnpro-
mise or seniement it dsems desirable with reference to the Collateral; and (vi) ro teks aonlroi of sny procesds of Col(atersl.
~ Bank is hereby given s lien upon and a s~curiry int~rest in all property of each 061igor new or at any fims he~eahar in ths pos-
; session of Bank in any wpacity whatscever, includir+g but not limited to any balance or shars of sny deposit, innt, or aqenty eccount,
€ as the security for the •payment of this note, and a similar lien upon and sec~rity interest in all s~ prope~ty of each Mak~r as ssturily
for the payment of all othet liebilities of each Maker to 8ank (inclvding ~iabilities of eacf: Makar and any oti~x p~rsorey; and Bank sMll
have tne same righrs aa to ~~ch propeAY-+s i?-hn• wi?Fr?eapscr to-the Collaterel.
; If Bank deems itself insecure or upon the occ~r~ence of any default herovnder Ba~k shall hars ths foreclosurr and othsr rcmedies t
! of a secured party under the Uniform Commarcial Code, or ofhe~ applicable law and, without {imiteng tha ge~eraliry of ihe fore9anq,
~ 8ank shali have tfie right, immediately and without furtner action by it, fo xt off against this nots all monty owetl k~. Bsnk in sny ca-
i pac~ry to each w any 7Aeker; and if such set off shall xcur. Bank shail be deemed to hav~ ex~vcised sueh right of sat off and to h~ve
~ m~~d~ a chargs against any such money immediately u~ors the occu?rence of such defavtt even though such charge is mads or eMered
; cn the books of Bank subseqvent thsreto. Unless the Collateral is per~st+ab!e o~ Mre~te~s to deditss sp~ediiy in vak+s or is of a typ~
; custamarily sold o~ a recognized market, Bank will give Maker reesonable notice of t!+e tirtro ar?d plaoe of ar?y ~xiMie sab ffineof or of
tho time aher which aay private sala or any other irstended disposition the?eof is to be made. The requiterr~* oi reasortable notica ahs11-
Fr met if such notice is mailed, poslage p~epaid, ro a?ry Maker at the address given beiow or at anr other addnss slwwn an the tet~ ~
ords of,ihe Bank, at least.fiva day~ befora tfie time of the sale w disposirion. Upon d"+s*^io~s~?ion of any CollatMal akx ths oecurtance. ~
. cf any default htreunder, Maker shall be and remain linble for arty deficiency; ar.d Bant siwll aecovM fo Maker for any wrplvs, but! O O
aank zhall havt the ric~ht to appiy a11 or any paR of suth surpius (o• to hold the sars+s as a reser» against) any a~d sll othet IisbiliNes% E~ y~
of each or a~ry Maker fo Bank. . ~.,a V
~ No deley w omiss~on on tF.e paR of Jank in exercising arr/ right hefwrder sha~l opafMe as s waiver of svch rigM or oF arep othsr ,.C cd •
j rignr c;nd•r this rtote. P:es±~trtent, demand, protest, notite o4 dishonor, and ex'ensio~+ oE time witF~ouf notite an Mreby wsired by y W
' e~:h an~l every Obiiqor. i' ~ Obl~gon, jo~ntly and severally, promise and agree to pa7r a1L costs ot co{laction a~d reaso~aable attorneys'~ b0 ~f t"..
~e~s !nst I~ss than la% Of tFs princioa~ wm) incu?red o? paid by 8ank in enfotcing this na~e upon fhe occvrrencs of :~r d~fa~~h : G W~I h-1
~ A~r rw'~c!~ :u Nlaker shall be sufficientfy xned fo~ aN pu~poses if leit upw~ d olacsr! in th~ rna+l. pwtags pr~taid, adana~+ to th~` •-1 O 1-? ~
• pr±mises at :M addrass shown b•low or ~m o+fie~ add?ess shown c~ Banlc's recar,fs. ed ~
; Y/her.ve. th~t nere is exec~red by a co~msker or endo~ser who is ehe vri!e of a rt+afw ar sndo?ser, tM ssid wifs do~s hs~rby e~.~ G w
pressly acknowledgs ths withirt debt as her joint and individual debt.
~acii o~ Make~ xknowledgea rececpt of a compfeteci copy of this IVots on t1+~ aoo~~e dahs_ r w•`~ ~ O
~ ~ O ~-~1 3-~
;,a~.~:s: - -S~Q~~~ier~.~s_ee X c~'i ~ ~
! , Robett E._ Hansen . , ~ v~
t
Y~_~F1 a. -'~.~-`~;~~et~.~? it^ 7~~~~,uJ ~i m A.
~ ~ raz~iry ~~1. ans~t~ • : - ( ~ H o O
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