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Home My WebLink About0325 Jc.`:~,:cIt $L,IGt: fi.;~JK INSTALIMENT NOTE BANK NAME (S~cur~d and Uns~cu?~d) i. .i~•X •~7~ Jf:iy~ti~i i'sc:,~C::is rLA. Du~: June 1s ~ 19 = 55~299.a~ LOCATION . Nob No. D~f~d: _.1? ~ , 19 wn erms• _ .,,.~r.~_ Proceeds 3 NNANCE ~ , 7d~ . a5._... r~'~'14'a.._~.~_?)_ ~,onths . _ - CNARGE - - - _ aiter date the undersigned, hereinafter called Maker, jointty and severally Oocvm~nU.y - promise(s) tor val~e received to pay to the order of the Bank, at its oltice Stamps _ as listed above the sum of (total of payments3 . Credif life (or Life ~_fty-:?~a ;.h.~s~nd ::Lndr~;. n.nety-ntna a~c ~~,~1 ~Dissbility)Ins.t - - - - Othsr (itemize) - -•-----Doltars _ . . _ _ - - - . with int ths rats of 96 per annum, aIl ~ - - QZ1~d~'!~'~4^1 . - . ~ PaYable in , ~ • , , n ft ~ ~l•,----- p , TI,1~ I~~~.._~...~e 5 _ 3 s of S.i~tk'._:.' each on the - SL dsy of --c-ai- ~~9~ and hecon+lnc, s - each cornmencin~ on ~e~t@mber .1 . 19._ 7~ , topether wirh a BAILOON VAYMENT OF =--.`3CUi2'~9.45 Jl1Yi~iJN1 F~85 - p„e _June- 1:-- 19 --77---• JO JJO. • FINANCED i - A fin~ compuled at the rate of =.OS per =1.00 w? each instal!ment in defa~~t for ~~~~fely collected • period in exceu of 10 days may be chu9ed the Maker. Na such f~~e shall exceed ~har s it SS.00. Msker is required to pay all costs of collettion, including a reasonabls atto.- ~~~^12°~ _ ney's fae if roferred fo? collection o. lepal proceedinys. All paymeros. whether p.in- cipal, interesf w otherwise, ~of received when due shall bear interest at 1096 pcr i._ annum fran due date until paid. All payments made hereunder shal! be credited ANNUAI PERCENTAGE RATE __ln_. % first to interest, then to Iswful cha+qes then accrued, end last to principal. ' If the loan is prepaid in full, acceterated o~ refinarxed, the Maker shall as of the date of such eve~t ~eceive such ref~~d of the un- earned portion of the credit life insurance premium and fi~snce charge and svch other credit as msy be required by law w as may be necessary to avoid usury, provided that the Holder may retain a mimmum fins~ce charye of S4S.00, whether or not othervvise earnsd, end except in the case of a refinantinfl, no iinance charge or p.emium refund shall be made if it amouMS to less than =1.00. Retention of any minimum finance shall be in addition to service charge if any. Any language elsewhere herein to the tontrary r?otwithstandiny, neither Bank nor any holder hereof shall receive w retain any chs!ge a interest not allowed by law. As security for the payment of this note Maker has pledged or deposit.d with Ba~k the followinq property: `tLr?.. L$TAjC - - - - - :,vftT:i:,;ii: .,N T.~J ( 2 ~ Vc?JT'v;3.: i,UT ivTS r+tJL' ~irc (1 j V~t~fTiiiti: ri~BuUtt LvT: Sec. Agree. ~~r. s~~_._____ - - ~ -T i ..s n J J:T7 1969 Bella ~•iIH, I.~. ~24~,s~..s~2 anu f''~~~~:~4;~~;'''~: :.:n~.ry . - - - - - - . _ _ - - - - _ _ _ _ - - - - . - - (includinq ali cesh, stock and other dividends and all rights to s~bscribe for securities incident to, declered o: granted in connection with svch property); which property, to9ether with ati additions and subst~tutions hereafter pledged a deposited w;,h 8ank is called the Col- lateral. The Collateral is also pledged as secu?ity for all other tiebilities to Bank, (primary, secondary, direct, co~tingent, sole, joint p several), due o? ro become due or which may be he.eafter contrected o~ acquired, of esch Maker (w of each Maker and sny other per- son). The su~render of this note, upon payment or otherwise, shall not a(tect the .ight of Bank to retain the Collate.a~ for such other liabilities. CREDIT LIFE AND CREDIT IIFE b OISABIIITY INSURANCE ARE VOIUNTARY AND NOT REQUIRED FOR CREDIT. Suth insurante coverage is available at the cost designated below for the re?m of the credit: (a) s fw Credit Life In- surance (b) s _ _ _ _ _ . _ for Cred;t life 8 D~sabifity Insurance: Check Appl. Q Credit Life Insuronce is desired on the life of - - - Box . - _ - _ - _ _ Birthdate . ? Credit Life ~ Disabitity Insurance is des~red on _ ~ _ _ . . _ - - - - _ _ - - B'uthdate _ . - - _ . _ . _ _ - _ _ - - - ~ Credit tife and%or Disability Insurance is not desired • ` _ _ f . -y- - - ~ ~--C ~ - JLne t ' ~ . ' . " . « ; ` Date: - - J7~. Signetwe __.`'i~1t82't-C~9...BA~lE3c~fSf-~---~~`r----- ~ Signature - Additions to, reduttions or exchanges of, o. svbstitutions for the CoNateral, payments on accoum of this loan or increases of the ' same, w other loans made partially or wholly upon the Collateral, may from time to time be made without affetting the provisions i of this note. Bank shall exerc~se reasonable ca.e in the custody and preservat7on of the Collateral to the e:tent required by applicable i statute, and shall be deemed to have exercised reasonab~e care if it takes such action for that purpose as Meker shaU reasonsbfy request in writing, but no omissio~ to do any acr not requested by Maker shall be deemed a faiture to exercise reasonable care, and no omis- sion to comply with any .equest of Maker sha~l of ~rself be deemed a faiture to exercise .easonable wre. Bank shal! not be bound to • take any steps nccessary to preserve any rights in rhe Collateral against prior pa.ties and Maker sha11 take all necessary steps for such , purposes. Bank o~ its nominee need not collect interest o.~ or principal of any Collareral or give any notice witfi respect to it. ( If the Collateral shalt at any time become unsatisfado?y to Bank, Maker shail within one day after demand pledfle and deposit with Bank as part of the ~ollateral additional property which is satisfactory to Bank. I If Bank deenns itself insecure, or upon the happening of any of the following events, each of which shall constitute a default here- under, all liabilities of each Maker to Bank shall fhereupo~ or thereaFrer, at fhe option of Bank, wishout notice or demand, become due ~ and payable: (a) the failure of any Obligor (which rerm shall mean a~d incl~de each Maker, endo~ur, surety, and g~arantor of this ; note) to pe?form any agreement hereunder, to pay inte.est hereon w~thin ten days after it is due, o? if there be no due date, after it is billed w otherw~se requested or demanded, to pay a~y other liabil~ty whatsoever to Bank when due; (b) the death of any Obligor; (c) the ~iling of any petition under the Bank.vptty Att, or any simifar federal or state stature, by orag ainst any Obligor; (c~ an applica- ; tion for the appointment of a receiver for, the making of a general assignment for the benefit of creditors by, or the insolventy of any Obligor; (e) the entry of a judgement against any Obligor; the issuir~g of any attachment or garnishment, or the filing of any lien, againsf sny property of any Obligor; (g) the taking of possession of any svbstantial part of the property of any Obliger at the instsnce of any governmental authorify; (hj the dissolution, merger, [onsolidation, or reorganization of any Obligor; (i) the assignmenf by any Nlaker of any equity in any of :he Collateral witho~t the written consenr of the Bank_ Ea~h ~bligw hereby waives any requirement of notice or demand refleding svch acceleration insofar as such requirement be in additio~ to the mere exercise of any remedy afforded in this Note a the institution of suit by the then holder. Bank shall have, but shall not be limited to, the following riahts, each of which may be exercised at any time whether q not this note is due:- (i) to pledge ar transfer this note and the Collateral and Bank shalt thereupon be relieved of a!I duties and responsibilities hereunder and relieved f?om any and all Iiability with respect to a~y Collateral so pledged w transferred, and a~y pledgee er trans- feree shall for all purposes stand in the place of Bank hereunder and have all the rights of Bank hereunder; (ii) to transfer the whole or any psA of the ~ollateral into the name of itself or its nominee; (iii) to vote the Collateral; (iv) to notity the Obligws of any Col- lateral to make payment to Bank of any amounts due or to become due thereon; (v) to demand, s~e fw, cotlect, or make any compro- mix or settlement it deems desirable with refererxe to the CoNateral; and (vi) to take control of any proceeds of Collaterol. Bank is hereby given a lien upon ar.d a security interest in all property of each Obligor now or at any time hereafter in the pos- session o4 Bank in any capacity whatsoever, including but not limited to any ba~ance or share of any deposit, trusf, w agency aaou~t, as the setvrity for the payment of this note, and a similar lie~ upon and security interest in all suth Properfy of each Maker as securiiy = fw the payment of all other liabilities of each Maker to Bank (including liabilities ot each Maker and any other person); and Bank shall ` have the same rights as to such property as it has wifh respect to the Collateral. : If Bank deems itself i~sec~re or upon the occ~rrence of any default here~nder Benk shall have the foreclosure and other remedies of a secvrcd party under the Uniform Commercial Code, or other applicable law and, withovt limiting tht generaliry of the foreqoinq, Bank shall have the righf, immediately and withouf further action by it, to set off aqainst this note all money owed by Bank in any ca- ; pacity to each or any Maker; and if s~ch set off shall acur, Bank shall be deemed to have exercised such right of set off and to have made a charge against any s~ch money irnmediatety upon the «currence of s~ch defa~lt even though such charge is made or entered t on the books of Bank subsequent thereto. Unless the Coliateral is perishable w threatens to decline speedily in value or is of a fype ' customarity wld on a recognized market, Bank will give Maker reasonable notice of the time and place of any public sale thereof or of e rhe t~me after which any private sale or any other ~nter.ded dispos~tio~ thereof is to be made. The requirerne~t of reasonable notice shall be met if svch notice is mailed, postage prepaid, to any Maker at the eddress give~ below w at any other address shown on the rec- ords of the Bank, at least five days beFOre the t~me of ~he sale o? d~spos~tlon. Upon disposition of any Collateral after the occurrence - of any default hereunder, Maker shalt be and remai~ liable for any deficiency; and Bank shafl eccount to Maker for any surplvs, b~t Bank shall have the right to apply aH or any part of such surplus (or to ho~d the same as a reserve against) any and all other liabilitias ~ of eech or any Maker to Bank. No delay d omission on the part of Bank in exercising any right hereunder shall operate as s weiver of svch right or of any other right unde? this ~ote. Prefentmtnt, demand, protest, notice of dishotwr, and extension of tirr~e without notice are hereby waived by each and every Obligor. The Obligws, jointly and severally, promise and a9ree to pay all costs of collection and reasonable attorneys' fees (nor less than 10% of the principal sum) incurred w paid by Bank in enforcing this note upw~ the occurrence of any default. g Any norice to Make? shall be sufficiently served for atl purposes if left upon or placed in the maif, postaye prepaid, addressed to ihe premises at the eddress shown below w any other address shown on Bank's records. ; Wherever this note is excc~ted by a co-maker or endorser who is the wife of a make. w endorser, the said wife does hereby ex• ~ pressly acknowledye the w~th~n debt as her io~nt and ind~vidual debt. Each of Maker acknowledges receipt of a completed copy of this o e~on the ebove date. . X ' Address: . - ` ' - - - (Seah - _ _ _ . _ -.':c.2t:':----:'-~ .:1C_ . • _ r' 25~ _ - - _ -F~- ~ (S~a~ ~ ::S - ~ ~t.. , . _ _ - _ . _ _ _