HomeMy WebLinkAbout0920 ~r~,?w~~ No~e sT~~vs ATtACMta ~
~ o,~ 19 Feb ~ ~~T6 ~ ~6 ~'eb. ~~~~~~J~WW CE~LED ~ s
~TAf'R ~pCUAAEMARY s17u11~ ATTII~iEp laan T~rms:
TO OWGlNAt. NOTE MlD CAt~iCFtIED P~~ 5~925~ QO 1
~r~~~~~w'~~u~~~stxTY ~_~C~t~~~~w~~~~~~~~ p~~.i ~ ~~~~VO
~fta dat~ tM und~rsiQned. Mroir?sf»r ull~d Mik~r, iointly u~d ~avarslly
promi~(t) for valus receiwd to pa`y to tM order of J~ MacA OaRk M~- ~~"'~^tay 11 •'~0
tMft~r all~d Benk. at ih offic~ st ; su ota) ~""p ~
pf pay~nn) CndM lih (or lih
~-iif~f ~ • ~ • ~ ~ ~ ~ ~ w ~ ~ w w w ~ ~ ~ ~ ~ ~ • . ~ UI~M ID=.= . NOAO
~~.~~~~~~~~~~~~~~r~~~r~~~~~~~~r~w~~~.~~~~~s~r~ ~Nf3 . .
whh Ints~s~t th~ha? st th~ 'iats d~ . OtMt (itamiz~) t..__..___
0-.-. ar aN+um.T.bt~~bi~ tn Fs~~~ i.._....~Q.Q.__
_.~Q..._ mo~thFjr ImqlMna?n of t.l sch on~4~, d+v of
~ach woo~ ~nonth c~oe~wn~xinp on ~~ilC~ 19_! S_. top~tf~ wlth s~ i-.__._~_:___
- a dAtIOON PAYMENTO~:.~--_____ Due 19 ~p~~ : 5.936a40
A flM ooenp~d at tM r~t~ of =.OS pK 1.00 on sach ie~stsllmsnt in ~iefsuh fw y~at~ly cai{~ctd
sparlod In ~xau .+f 10 days m~y bs cha.ye~~M Mabr. No such fin~ shal~ exce.d charq~s (~ron+iz~)
i3.00. 11Aeker is rsqvi~d ro Wy all oostt of coiledion includirq • taa:onsble .sttoF "
rt~~ fK H nt~rrod fw ooit~ctioe o? 16qi1 proaedinps~ All psymentt, whsthe? p~in- i_...___~___....~_,....
dpal, i~ o? otFNtwis~. not ntsiv~d wMn dw shall bear interost a1 1096 pK i_.__.______
~nnum from dw da» vntil paid. All paymsnts made hereunder aF+all be ueditea ANNUAL 'ERCENTAtiE RATE~O!
~f.
. flrst to inN?~st, tMn to Iswful tharqes tlx~ aotrved, snd last to priecipaL
N tM Iw~+ isp~epaid in fvll, ~ocelerated or rofinenced, ths Msbr sMll u of ths date of such r+ent receive wch nivnd of tM wi-
tx~d pation aF th~ aedit lih tnsu~a~os premtum and finanos therqs and such other utdit ss may be nq~irsd by taw or a may b~
n~oqsary 1o avold uwry. provid~d 1Mt tM Hoid~~ may rMain ~ minimum fir~snce charQe of s25.00. whether w nof oihsrwiss eirnscl,
snd axapt in the cass of a?~fin~ndnp no finence cMr~ o? premium rofund shall be m+de if it amounri to less than t1.00. Rsteotton
of uy minimum fioencs shal) bs ln a~ditio~ lo service cMrye if arry. Any lar?qua~ elsewhere heroin to the cor.trary notwithslendinp,
M1MN? BAnk nOt i~y hOldQr FN~Of SFlall tlCfivs or rotain anv charae ar intarest not allowad by law.
As sewrity for the payment of this•r?ot~.~Ker has pled~sd or de ited with Bank the f Ilowi propa
Lot No. 57. ~iada~ Vi11aQe, Aqu~? Rs. ~nc.. as d~acr~~ia sa~il mor~~i:
. _
(irtcludiny sll cash, stock and o~her dividerxfs and sll rights to subscribe for securities incident to, decia~ed or yranted in connedion with
wth prope~fy), wtiich prope?ry, together with all add'+t~on; and svbstitutions hereafter pled9ed or deposited with P.ank is catled fhe Col-
lateral: The Cotlataral is also ptedged as secwity fa all other IiaEilities to Bank, (~ximary, secondary, direct, oontinyent, sote, jeiM or
several), due or to become due or which may be hereafter cont~acted w atqvired, of each Make. (or of each Meker and any other per-
son). Ths surrender of this ~oN, upon payment or otherwix, s1w11 not affett the riqht of Benk to'retain the Collateral fo? su~ch Whsr
lisbitities.
CRf~IT LIFE AND CREDIt LIFE a OISABILITY INSURANCE ARE VOLUNTARY AND NOT REQUIREO FOR CRE~IT. Such iesuranoe
tovereys is avsilable at fhe coat desipnated below for the term of the credit: ~a) for CradH i.ife In-
wranoe (b) . fw C~edit Life 6 Oisabiiity Insursnce:
Chetk ~
~ Appl. Q Credit life Insurance is desired on the life of
Box
&rthdste
_
p Crcdit life d~ Disability Insursnas is desirsd on
__-~_._~r------ &rthdate
Gedit life and/or Oisability Insuranas is r?ot .
Date: ~7 Stqnaturo - - • Ci0?~a BliC~l'n0l~
Siynature ~ _ - - - ~l~a BjiC~LOlQ
Additions to, roductiau or excha~pes of, or substitutio~s for the Collateral, payments oo aaount of this loan w Encreases of the
s~rt~s, or other Iwns msde pa~tially or wholly upon the Collaterai, may from ~ime to t~me be made without affettinq the provisions • !
of this noM. Benic shall exercisa ressonab~e cere in the c~stody artd prsservation of the Collatersl ro the extent reqvired by applicabb
. statuee, aod shall be deemed to have exercised roasonabk ure If it takes such action for that purpose as Maker shall reasonabfy request
i~ writinp, but no omission to do any ad not requested by Maker shafl be deemed ~ failure to exercise reasonable care, snd no amis-
sion M oanply with any request of Maker shall of itself be deemed a failvre to exercise reasooabk care. Ba~k shall not be bovnd to
tak~ any ateps nKessary to preserve sny ri~hts in the Collateral agsinst prior p~rties and Maker shall take all neaessary steps for such
purposss. Bank or its nominee necd not co lect interesf on or principal of any Collateral or yive arry nofice wifh respect to it.
If the Eollateral shall ~t any time become unsatisfadory /o Bank, Makei shall within one dsy after demand pladye and deposit
with Bsnk u part of the Collateral additio~sl property which is satisfsctory to Bank.
If B~nk deems itself inseu?ro, or upon the happeniny of any of the foNowinq events, each of w1iKh skall constitvfe a default here-
undsr, afl liabilities of each AAaker to Bank shall therevpon or thereafter, at the opteon of Bank, without notice w d~mand, beaane due
and psyabl~: (s) ths fsilure of any Oblipor (which term shsll mean and include each Maker, er?dorser, surery, and yuaraMw of this
I nob) fo pNform sny agroemaet hereunder, to pay interesf hereon within ten days after it is due, or if there be no dve date,'after it
~ is bil{sd or othsrwise requestsd or demandsd, to psy ar?y other liability whatsoever tb Bank when dve: (b) the death of amr pbl'po~~ s
~ (c) the filinp of ~ny petition under tne Bsokrupscy Ad, w a~y similsr federal or state statute. by orag ainst amr Obligor; an epplics-
~ tion for ths app~intmeM of s reoeiver for, ths mskinp of a ral assignment for the benefit of aediton by, or the insolvency of any
~ Obliqor, tF~e entry of e j ~ aQ aant any Obligtx; (~the issuing of sny attachment or 9arnishme~N, or the filinq of srry lien,
aqeu~st any prope~ty of any Obl'~
,t (y) the takirp of posseuion of any svbstantial psrt of the poper~y of any Obligor at tbe instanoe
o# smr qovemrt~ental aufhority:(?~) the d3ssolutioo, merfler, consolidation, or rcoryanization of any Obliyor: the sssiynme~t by any
Maker of any equity in amt of the Collaterel withart ths w~itten ~nsent of the Bank. Each Obligor hereby wsives any rsquirement of
nofip w demu~d refledirp such aooek~etion i~sofsr as such reqvirement be in sddition to the mere exercise of any remedy sfforded in
thb NoN or tM institution of suit by the thsn hoWe~. -
Bank shall have, but shall not be limited to, ths fdlowinq rights, each of which mey be exercised at sny time whather or not thes
naN is dve: to~ or trarafer this note and the Collateral a~d Bank_shall therevpon be relieved of all duties and respo~sibilities
h~reundsr and rol' from amr and all lisbili~y with rospsct to any Collateral so pfedqed or transferred, and arry pled9ee w trans-
.fetw thall for all pu stand ie the plsoe of 8ank hereunder snd have all the riflhts of 8ank hereu~der; (i~ to transfer the whole
prany pert of ths laterel ireo tFie name of itself or its nominee; (ii~ to vote the Cotkteral; ('rv) to notify the Obligors of any Col-
leteral to make WymeM to Bank of any amounts dus or to becane d~e thereon; (v) ro dema~d, sue for, aolkd, or make any compro-
~ miss or ~ettkmant N d~ems desirebb with reference to the Cotlstaral; and (v~ to tske cant~ol of any proceeds of Cdleteral. ~
Bank ts haeby qiven a lien upon and a security ir»erest in'all property bf esch Obliflor now or at smr time heroaftar in the pos-
sesslon of Bar?k in eny capscity whatsomrer, includinq but not limited to arry balanae or sharc of any deposit, hvst, ora~ency aaount, -
~s tM sewrity fa fhs nt of this note, and a ~imilsr (ien upon and security iMerest in all suchpr
operty of each IV4aker as sewr~ty
fo~ the paym~nt of all~liabilities of each Maker to Bank (includiny liabilities uf each /Naker and any other person); and Bank shsll
haw fhs sams tiyhts as to such property as it has with retped to the Cdlateral.'
If B~nk d~ems ifself insecun w pon ths occurrenoe of sny default hercunder 6ank shall havs the fo?edosuro ~nd other mmedies s
of a securrdpsrty undar tfie Uniform Comrrwrcial Cods, or other ~pplicable lew and, witF~out limiting the yenerelity of the fors~oinq.
8ank shall haw the ~i~M, tmrt+ediately and wifhouf further sction by if, to set off against this note afl mo~ey owod by Bank in arry ca-
piciK to each or sny Maker: and if wch :~t off shall oaur. Bank shall be deemed to have exercised such r'~ght of set off sr~ so have
g mad~ a charye aqain~t ar~y wch rtsoney immsdiately upon the occurrcnce of such defsuh cven thouyh such charge is made or enterod
~ on th~ books of Bank subseqoent the~eto. Unless the Collatera) ~is perishebls o? threatens to decline speedily in value or is of a type
custqen~rily sold on a reoo9ni~bd market. Bank will yive AAaker rossonebk r?otioe of the time snd place af any pvblic sele thereof or of
~ the t±me after whkh srr/ private sals or any otF~er interKkd dispositioo thereof ia to be made. The requireme~t of reasonable notiae shall
be rt~t if wcf~ ~ is mailsd, postaye prepaid, ro a~r Maker at the sddress qiven below or at sny other address sFwwn on the ret
ords of Nst Bank, at !~ast fiw dsys befwe tix time of the ssb w disposition. Upon disposition of any follatersl aher tlx~ eccurrenos
~ of ~ny dsfwk i~ereunder, INaker shall be and remsir. liebk for amr deficiency; and'Bank shall aocovnt to Mske~ for eny surplus, buf
B~+k shall have the ri~ht to apply all or emr psA of such wrplus (or to hoW the same as e reserve syair?st) any and all other IiabiliY~es
bf each or a~?y Atiaker to 8snk. _
No d~lay or omission on ths parf of B,ank in exercisinq arly riyht hereunder shall operate as a waiver of wch r'~ht w of smr ather
riyht under this nott. PresentmeM, demand, ptotest, notios of dishww~, and extensiore of time withouf notioe are liereby wciva~ by -
Nch end every Obl'~or TM Obliyors, jaMly end sever~tly, promise and ayree to pay all costs of collection and ressonabb attorneys'
fe~s (not less than 10% of thepr intipsl sum) incurred or peid b~y 8ank in enfordn~ rhis nwe upon the oaurrence of any defauft. _
Any notios to AAaker ~hsll bs svffkiently served fw all pwposes if kh vpo~ o? plsced in the mail, postage prepaid, scWressed to the ~
prur~is~s et ths ~ddrsu sFawn below w eny other addross shown on Ba~k's records. ~
~ Whtrtwr this note is e:ecuted by a co-maker a endaser who is the wife of e maker or endorser, the said wife does hereby ex- ~
~ Pr~ss~Y atknowNdy~ tht within debf ss F.er ioint and individusl debt.
~ Each of Maksr edcnowl~dyss reatipf of ~ compkted c~ry of tt~ ths dats . . ~
~ 233T Sugar Ma e Drive~~ ~ ~ Q _ cs.,n
- T? n c ~
~ Ketterin , Ohio 45440 X
g g y a~_ . cs~
~ ~nwrw _
e~
~ ~4~ pri~~
, ~ ~ ~ ; - . . ` ~ ~ ~ ~ - .a~
3 ~ ~