HomeMy WebLinkAbout0003 _ _ r~.i~~~1l~.... w~~.h~.~ . •l~.~~Iw~{I~rw~I.~~.r~; ~.~I~.r~f~~r~~rw~ItrM~~~
_ , _ : . ~ " _~li~~ll
lNtTAtLMENT NOT! ~ ~
(S~CYl~d ~nd Uns*cVnd)
No~. Ne. Dat~d: May 5 ,~q 7~ Dur. 19 s22.484.16 i
~ ~
~ loae~ T~rms: ~
P~oc~eds s ._19.~,000..00 ~
~ Twent -four ~24 montha
..,.._.__._._,.Y.~-••......_ FINANGE 2 ~ b~0 . ~r '
aft~r dat~ th~ u~d~rsipn~d. 1?~?~inaft~r called Mak~r. iointly and s~veraliy CHARGE i....._.._.._.._.~.._~._ ~
p.omise(s) fo~ valus' reqiv~d fo p+v ~o the wd~. of Fint N~tioeal aanic e/ Oocum~nt~ry i.._._~~~.~__ a
For1 Pi~ns h~reinafN~ call Ba~k. at its offic~ t Fort ?i~rc~, Ftorid~ th~ sum S~amps
of (total of payments) ~p,nt31_-.CWO...~1138TLQ~-- ED13L......... Cr~dit life (w lif~ ~50 . QO
Hundred_ and eis~htx-four dollars a Disability) Ins.3
_L_._. Oth~r(itemir)
. . ~~iR~ ~SLY~.".~_~.~"... ~ollars C edit 1nV . s - ,,_Q~p
wi inttr~st th~rwn a1 tM rsh of 99 x p~~ ann ~1 p~yabl~ in
~4 336:84~~ `"~~5t~ F~nance chgi 2~~_ .41-
monthly insqllrt+Mn af t....._..--.•---...._.. . eath on tht d~y of
s .....1,120..00_
esch sva~ssiw month comm~ncinp on .1~e__
iS 1q.76.., rop~tAK with AMOUNT
a BALLOON PAYMENT Of s._.11QIle..~_._... Dw ._._I?.Q~e_....___.... 19 fiNANCED s.20, 303 . 75
ftna computed at th~ rat~ of f.GS pK il •00 on each inst~l!ment in dtfavl~ for ~~~~t~ly coli~cted
• period tn ~xceu of 10 days m~y b~ char~d th~ M~k~r. No such fin~ shatl exce~d ~~temit~) 33 . Q~
i5.00. 1Nak~r is req~ired to pay all oosb of coll~ctioa, i~?cludinq • re~sonabl~ a?to~- _
ney's fe~ if nferr~d for coll~ctlon or Ip~l prouadirqs. All payments. whetM~ priri- -•---.-.----.--.._.._..r '
tipal, inter~st o? othe~rwis~. nof r~teiv~d wFwn dw shall bta~ interest at 10?L p~~
annwn fran dw daro until paid. All paymenb m~ds M~wnd~r ahall b~ c~ed~ted ANNUA~ PERCENTACsE RAT~~~~f.
fi~at to int~r~st, tMe to I~wful th~rqts tMn aoctwd. and tast to prinapal. .
If tM Iwo is p.~paid in fvll, aocd~.~tsd w nfin~ec~d, tf+~ J1Aaker shall as of tF+~ dat~ of such ewnt raaiv~ such nfund of IM w+-
~an+~d portion of th~ credit lif~ inswana praniwn a~d fin~nc~ ch~ry~ ~nd snch other credit as m~y be reqvind by I~w or ss may b~
necessay to ava~ usury, providd that th~ Ho1dK may nt~in a minimum fin~nc~ d+~r~ of s25.00, wMthM a not otMrwis~ ~am~d.
~nd excepr i~ tM cn~ of ~ r~fin~ndep, no fi~~ cF?~~ w pr~mium nivnd shall b~ m~ if it ~mounes to tess ~h~n s1.00. RN«aan
of any minimum r:.~?c~ sF+all b~ in addition to s~rviq char~ if ~ny. Any I~nquaq~ tfs~wl+~r~ Mnin to tM contrary notwiMuandinq,
neither Bank no~ arry hold~r fwrwf shall npiv~ ot nt~in any ch~r~a or int~rest nol ~Ilow~d by law. ~73 •~.8t~l,p~~
As sewrify fw tF+~ p~yment oi thls ~w1~ MakN lus pl«!~d w deposiMd with Bank tM followit+~p propNty:
D-,~,, 96J4062, includ~¢~gle bl,ad,e_._,_~t electric st~ct, bn~hacld~i
~
r s cab brush and badc al~rm. See reve~se for de tion of tiaaal
s_....------_____.. ~^-------__._._..__.__-_~._--------------------------~P ~
(includinq ~II cash, stodc ar?d otFw divid~++ds and all riqhb to subscrib~ 1or sscwiti~s inddsnt to, dxtared w qramed in ooru+~ction witl~p~]gt~
sur,h prop~rty). which prop~ny, toq~thK with all additions and subsritutions hereaher pled9ed o? deposited with 8ank is call~d th~ Col-
lat~nl. Ths Co1l~teral is alio pl~dq~d as s~curiy for all oiher Iiabilitiea to Baok, (prim~ry, secondary, direct, continqent, sob, joiM a - ;
severaq, dut or ro b~cart~e d~a or which m~y b~ Mn~ftN conbact~d or xquind, of e~ch Mak~r (o. of e~ch Mak.. and .ny aMr pN• -
son). Ths swrendN of this note, upon piyment or otMrw~s~, shall not aff~d th~ ripht of 8u+k to r~tain th~ Co1t~tNa1 fa sud~ WMr ~
IiabiliYNL ' . . ~
• -z
GREDIT UFE AND CREOIT UEE 3 OISABIUTY INSURANCE ARE VOLUNTARY AN T IRED FOR CREOIT. Sut)~ iawr~no~ 'f
cov~rap~ is avs~l~bl t tM cost d~siqnar~d b~low fw tF+~ t~rm of rhe crodit: i_~~._~~ fa CndH lib In-
su~ana (b) i~,Q]1p _ for Gedit Lif~ 3 ~isability lnsuancr.
~heck ~
Appl. ~CG~tlit life Insurand is deaired on th~ lih of JQram Q~__~ter~$Z~._________
Box e- LJ_
W~'1W~. i .
• p Cndit lih d. Disability trauwnc~ is d~sind on -
~ Birthdah ' _ -
? Crodit Uf~ and/or Disabilify Insunnci is sind. . -
Dafr. / Si9natun ~ "
~ SiQn~turr
Additions ro, ndudions or ~ach~np~s of, or wbstitutian fw tM ~ollat~ral, p~yments on a«ount of this lo~n or inu~as~s ot tiM
same, w oth~r fwm mad~ partislly w wholly upon tM Collatenl, may from time to time be msde without affsdinp tfi~ provillons
' of this nW~. Baok shall ex~rds~ nasonable uro in tM ewtody snd pns~rvstion of ths Collahral to th~ extem raquind by ~ppliublt
~ statut~, ~ttd shall be deand ro haw ex~rcisd ressonabls car~ if it tskss suth action fo~ that purpos~ u MakN sh~ll re~sonaWy reqwst
in wriNnq, but• no omitsla* to do sny ad not requ~shd by IWk~? shall b~ dNm~d a fsilun ro eaercisa reasonabl~ ca~. and no omts- _
sion to oomphr with ~ny ?eqwst of Maker shsll of its~lf b~ dsem~d a failun ro ezercis~ reasonabl~ uro. Bar~k shall not b~ bovnd b-
taks ~ny steps n~c~usry to ~s~.w any rights in tM Cdlateral sqainst prior p~rties ~nd Maker shall tske ~11 neoessary s?~ps for wd~ -
purposes. Bank p its naninM nNd nof coll~cl inNnsl an or printipal of amr Collateral w pive any notice with r~spKt to it.
If th~ Collat~r~l shall N any hnw becorn~ uroatisfactory to Ba~k. AAakN sh~ll within on~ day ahK d~n+and pbdp~ and d~posit -
with Baolt as paA of tFu CollatMal additional propKty which is sstisfactwy to Bank. - . .
i If 8ank d~ns its~lf ins~cun, w upon tM happsni~q of ~ny oi tF+~ followirg ~vents. ~ach of which ahaU const~tu~~ a dtfwh hKr•. `
i w+dsr, all liabiliti~s of ~ach Mak~r to Bu+k sFutl ti+KSUpon w tt+ers~far, at th~ option of Bank, without notio~ w d~mand, b~oon+~ dw
' and payaWr. th~ fsilw~ of any Obliqor (which tenn shall rnNn aed indude e~cF+ Meker. endas~r, surNy. ~nd ~xantor of this ~
j note) to pKfwm any aqr+en+~nt here~nder. ro pay inter~st her~on within ten days akN it is dv~, or if tMn b~ no due dNt, ahK N~• - -
; is bill~d or dMrwis~ rpwst~d w d~mar~d~d, to pay M+~i oth~? Ii~biliy whatsow~r to Baek wMn dw: (b) th~ deNh ~ any O b l i p o tj- . _ ~
(c) tha filinq of ~ny p~tition und~r the Baokruplcy Ad, or anlr sFmflar fad~r+l or statt statun, by wp a~ns~ any oaqo.; (d) .n w
p ~Ka-
f Non fw th~ +ppoi~trrNnt of a naivtr for, the m~kiny of a d assi~nment fo? the benefit of asd~tors M. or +h~ ensolv~ncy o
f ~ny -
~ Oblpw: tM entry of a'~ ~~rnt ~ny Obliyor: isw~ny of any sttachmem or gamishmtnt, w tl+~ filinq of any lan, ~
E eg ainst any prop~rty of ~ny- Ob qa; the taki~+y of poss~ssion of any svbstaetial psn of the prop~rty ot ~ny Obliyo~ at th~ instu~u
; of any povtmnNntal autF+o~ity:(~ ) the dissolvYwn, merqK, consolidatio~, a reorqani:ation of ar+y Obliyw: f) tF+~ assipnnwm by ~ny
f Maker of any p~iN in any of tM Collattra) witlwut tha wri»~n oons~M of tht Bank. E~ch Oblipor Mreby waiv~s sny rpui~~M of
~ notioe w d~mand rrflecti~p such ~ooelerstion insofar n sud+ requir~ment b~ in addition to tF~e mere ~:~rciss of any renNdy ~Hordd in f
~ this Noh w tM institution of suit by tFw then hold~+. ~
; Bank sh~ll haw, bul siwll not b~ limit~d to, tlw followinp riahb. ~ach of which may bs exercis~d st any Yunt wh~thK ot no1 thia ~
oote is dur. (i) to pledq~ w transhr this note ~nd tfie Collatenl and Bsnk shall th~rwpon be ~elieved of sll dvries ~+d respon~ibiliti~s
( herounde~ ~nd reliwed froen ~ny ~nd all liability with respsct to ar+y Collateral so piedged o~ tra~sferred, and any pl«!yN a tr~r~s-
~ fere~ shsll for all purpos~s st~nd in tF+~ plao~ Of 8ank her~r and hav~ ~11 the righn of Bank h~reu~+dsr; (i7 to trsnsfN tM whol~
w~ny patt of the Collat~r~l into tF+~ nanw of its~lf or ih nomiMe; C~l to vot~ the Collaterd; (iv) to notify tht Obliyors of a~y Cd- ~
~ latersl to m~k~ payment to Bank of sr+y smounh dut w to becane dw ths.~on; (v) to demand, sue for, cotlect, or m~ke~r~y compro- ~
= mise a settl~rnent it dsems dtsinbl~ with refe~ence to th~ Collateral; end (vi) to take control of any proceeds of Coltatera{_ ~
~ Bank is Ft~~eby yivtn a lien vpon and s securify intarest in ~II propeAy of each Obligor now or at any time F+~r~~ft~r in ths pos-
_ xssion of Sank in any cspacily whatsow~r, irxludinq buf not limited fo arry balsn~e a share of sny deposit, trust, o~ aq~ncy atcount~ ~
; as the s~cwity fw the p~ymant of this note, and a similar lien upon and secvriry interest in all such properry of exh Maker ~s s~cvrity ~
~ for the paymenf of all other liabilities of each Maksr to Bank (induding liabitities of each Maker and arry othe+ person} and Mnk sh~ll
heve the san+e riph~s as to such propeny as it has with respect to the ~dlaterat.
IF 8ank deems ilself ina~cun o? upoe~ the occurrencs of any defsvlt hereunder 8ank shatl have the fwxlos~re snd WMr rem~d~s ~
of a secvnd pa~ty unde~ the Unifo~m Comm~rcial Code, or other applicable law and, withovt timiting the generality of ths fore9oirq,
Bank shall h~vt the riyht, imm~diately and witho~t funher action by it, to xt off ayainst th~s note all mw+ey owed by Bank in any ca- ~
paciy to each a any MakN; and if such set off shall occur, Bank shall be deemed to have exercised s~ch right of set ofF and w h~ve
; made a charge aysinst ~rtp wd+ money immediaroly ~pon the occ~?rer+ce of s~xh defsul~ even though such cha.qe is ln~~ OI MtNd
: on th~ book~ of Bank ~ubs~qvMt the~eto. Unl~ss 1hs Gollateral is p~rishable w threatens to decGne speedily in valw w is of • ryp~ ~
' customarity sold on a recoqnii~d market, 8ank will give Maker reasauble notKe of the tire~ and place of any pvblK sN~ thereot w of - s
~ the tims afte~ which any pinate sal~ w any other intended d~spos~tion thereof is to be msde. The reqvirement of .easoeaWe no~ic~ shall ~
be met if such notic~ is mailed, post~qe prepaid, to a~r Maker ~t the sddress qiven Eelow or at any other addres~ shown on tFw ret-
Y wds of the Bank, at lea~t fiv~ days befu~ the tirrN of the sale or d~spos~tion. Upon dispos~tio~ of a~r Collare?st afrer tht occunence ~
a of eny defevlt hereunder, Make~ shsll be and rema~n liable fo? any deficierxy; ~nd Bank shall accou~r to Maker for any wrplvs, but I
' Bank shall h~v~ the right to app~y all or any part of such sv~p{us (or to hoW the same as a reserv~ ayainst) any and ili ahN liabilitip
; of each or ~ny Make~ to Bank.
x No d~lay o. omiuiw~ on tFw pa~t of 8ank io ~x~rcisinp any right hereund~r shall ope~~re as a wa~ver of s~ch ri~ht or of ~ny otMr r
- rigfit ~nder Ihis nore. Presentmenf, dema~d, protest, norice of d'eshorwr, and e:tension of tirne wilhovt notice are hertby yvaived by
- esch ~nd wtry Obliyw_ TF» Obligon, 1o~ntly and severalty, prom~se and aqree to p~y ilf cosrs of collection and reason~bl~ aawnrYi
- iees (not I~ss than 109L of tM principal sum) incwred w paid by Bank in e~facinq rhis ~oie upon rt,e occurreno~ of ~ny d~fwlt.
~f Any noric~ ro Maker shall b~ suffici~nNy s~rwd (w ~11 pwpos~s if kh upon w placed in th~ ma~l, posay~ prepaid, add~~ss~d to tM
premius ~t ths ~ddr~ss shown b~fow o~ uiy other addr~ss shown on 8ank's ~ecwds. ~
. :
` Wh~r~w~ thii not~ is eY~cuted by a co-mak~r or endorser who ~s tlu wife oi a maka w endo.s~r, the said wife do~s Mnby ex- ~
4 pressly acknowl~dq~ tl+~ wirh:n deM as M. joinr and ~ndividval debt.
j Each of Mak~. ~cknowl~dpes receipr of ~ comple~d copy of this on rhe above dar
F
Addr~ss: ~ (5~~ _ ~
r' ~ 25~ PAGE 3 or rsen ~
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