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Home My WebLink About0706 tl~d:l6t.il E3FSdClI ~dY1k INSTAItMENT NOTE 6ANK NAME (S~cund ~nd Uawcur~ ~f) i;unur.c~rcial St., Jen~en u9~ah, FL ow: w 81 :~,87.:~.~?U ~ocnT ~orv . toan •Tsrmi: ; Not~ No. Da1~d: ~ tty 2 3 , 19 P.«aeds :..3 ~ 0 4 t. ~ 0 J- S~Xty (~l~ ) ;lonthe FINANCE i - ----•.~31•.-~~.. . . . . _ _ - - _ . _ _ . , _ _ . . CMARGE - atte~ date the unders~gned, here~nafter caued Maker, jo~ntiy and severally Doc~men?ary i.. promise(s) tor value rece~ved to pay to the order of the Bank, at ~ts o/tice 5~amps as listed above the sum o( (total of payments) _ Credit life (or tife 3 ~isability) Ins.i :iiREE.._.T.~QliSA3~ID...f:IGHT...llli:~DA~:D ~E-~[~:~T'Y-~IV~'s-~-~trD Other(~temizs) 4 ~ ~ Z~~.~.~~~~.~...»~.~.«.N~....r~~..~~...~~~~~..~-.. Dolta?s s _ . . . with interest thereon ~t ~hs rate oi 1Q. % per a~num, all payabi n / f monthly installments of S S~ . ~eoch c-n ~M Gl.. _i . day of : each suaessive month commenci ' ~ oqether with ~ . . . - npon . . 19~. . , t . 19 ~7. AMOUNT 3 Q 4!1 , C i~ • BAIIOON PAYMENT OF s_ 11UI1$._._ D~e fINANCED =-----t A fins computed at the rete of S-OS per 51.00 0~ each instal~ment ~n defsutt for ~~rotely collected • period in excess of 10 days may be charqed the Maker. No such fine shall exceed ~haryes (etemize) : i5.00. Maker is required to pay all costs of collec?~on, includi~?g a reasonable attor- . ney's fae if refened for collettio~ or Itqal proctedinys. All payr»ents, whether prin• cipal, infereSf o? othe?wise, not reteived when d~e shatl bear interest af 10°le per snnum (rom due date until paid. All payme~ts made he•eunde. shall be credited ANNUAL PERCENTAGE RATE ZQ_.__ ~j(~ fint to inferest, then to Iawf~l charges then accr~ed, and last to principal. If the loan is prepaid in full, acceferated or ref~nanced, the Maker shall as of the date of svch event receive such refund of ths un- earned pottion of the credit life insurance premium and fina~ce charge and such olher credit as may be required by law w as may bs neceusry to avoid ~sury, provided that the Holder may retain a min~mum t~nance charge of 525.00, whether w not otherwise eunsd, a~d except in 1he cese of a refinandn9, no finance charge o~ prem~vm refund shall be msde if it amounts to less than =1.00. Retentia+ of smr minimum finance shall be in addition to service charge if any. Any lan9uaqe elsewhere herein to the contrary notwithst~ndinp, neither Bsnk nor any holder hereof shall receive or retain any charge o? interest not sllowed by law. A ~ y 5 y~ L'al2t~~V~~~~~Z`H~~~ifi ~~~C1~~Lik~~ ~epe~°~$n~a~sit*d'witY'~COI'~@Q~ lIl ~OOTG [.~l~i r8~~ 32;--~n~t---_hi~eics -30 ~..zd- 3-q---i-n__ tian~~. -~~-12~;-~.A.p~;~. N~.~ ~~.C~I7~_.-.as-~t3'"esCri~ie~""~"ii sai~ •:.ort ~~y~ . . . . . . _ - - - _ - - ~n~diny alt cash, stock and other d~v~de~ds and all rights to subsc.~be for securi~ies incident to, declared or granted in connection with such properr,r), which properry, together w~th ali addi+ions and substitutions -he.eafrer p:edged or deposited with Bank is c~lled the Col- lateral. The Collateraf is aiso ptedged as security fo. atl other tiabiliffes to Bank, (pr~mary, secondary, dirM, continqent, sole, joint a aevarsl), due or to become due o? which may be hereafter cont~acted or acquired, of each Maker (or of each Maker and ~ny other per- son). The surrender of this rate, upon payment or otherw~se, shall not aifcct tFu .ight of Bank to retain the Colleteral fw such other liabilities. CREDIT IIFE AND CREDIT LIFE b OISAo~:ITY INSURANCE ARE VOLUNTARY AND NOT REQUIRED fOR CREDtT. Such insurance coverage is ava~lable at the cost des~gnatcd below ior thc term of the vedit: (a) S fo~ Cred~t life tn- sur~nce (b) S - _ - - _ for Cred~t l~}e b Disabiliry Insurancr Check FILED ANU ~ECJRDED : Appl. Gtdit tiie Insurance ~s desired on the life of ST.~UC:E COUMTY FLA. _ - _ eox fibCEF-FO~Tit[S- - - _ _ - - _ - _ Birthdate . - . _CLEFlt.G1'.'.;~ili1..~QSlRT-- - _ r ? Credit Life 3 Diseb~lity Insuronce ~s de:~red on RfC~R? V~F riC~ - - - _ - _ ------------------~~;1 _ - Birthdate _ _ . - _ . ~ ~ ~ - ~i-~M=--~ - ~ Credij ~fe and~or D~sability Insurance is no! desireld. ~ _ _ _ . _ - - - ,.ay z, i 7F s~ ~atUre X - . Robert J. Haurxce Date: _ _ _ _ - . 9 - - - ; ? $i9nature _ ..:_.:_----t--------- .__.a obarta J' • , ~ ' ~ ' ''~dLtY`2C$ Additions to, ?eductions or exchanges of, o. substitut~ons for the Collateraf, psyments on account of this loan w increases of the same, or other loans made partiatly cr wholly upon the Collateral, may (~om time to time be made without affectinp fhe provisions of this note. Bank shalt exercix reasonable ca.e in the custody and p~ese?vat~on of tht Cotlate.al to the extent required by appliuble statute, and shaN be deemed to have exercised .easonable care if it take: svch action for that purpose as Maker shall reasonably reqvest in writin9, but no omission to do any act not requested by Make~ shall be deemed a faifure ro exercise reasonable care, and no omis- sion to comply with any request oi Maker shall of irself be deemed a fsilure to exercise reasonable care. Benk shall not be bound to ~ teke any steps necessary to preserve any riqhts in the Collateral ayainst prior parties and Maker shall teke all necessary steps fw s~c1+ purposes. Bank or its nominee need not collect inte:est on or principal of any Collateral or give any notice with respect to it. If tFx Coltateral shall at a~y time become unsatisfacfory to Bank, Make. shail within une day after demand pledpe and deposit i with Bank as part of +he Collateral add~tiona: property which is satisfactory to Bank. - ~ If Bank deems itself insecure, or upon the happening ot any of the following events, each of which shsll constitufe a defauh here- under, sll liabilities of each J4Aaker to Bank shall thereupon o~ thereafter, at the option of Bank, without notice w demand, become dt?e and payable: (a) the failure af any Obligo. (which term shall mean and include each Maker, endorser, surety, and guarantw of this ~ note) to perform any agreement hereu~der,- to pay i~terest hereon w~thin ten days after ~t is due, or if there be no d~e date, aher it ~ is billed or otherwise requested or demanded, to pay any other liab~lity whatscever to Bsnk when due; (b) the death of any Obli~; ! ~ (c) the filing of any petitio~ under the Bankruptcy Act, or any simitar federal ar state statute, by or against any Obliqor; (d) sn app ica- ` tion for the appointment of a rece~ver for, the making of a general assignment fw the benefit of creditors by, or the inwtvency of any ~ pbliyor; (e) the entry of a judgement against arty Obligor; (f) the issuir.g of any attachment or garnishmenf, or the filinfl of any lien, ~ syainst any propertY of any Obligor; (g) the taking of possess~on of any substantial part of the property of any Obligor at the instarKe ~ of any governmental authority; (h) the dissolution, merger, consolidat~on, or reorgan~zatio~ of any Obligw; (ij fhe assiynment by any ~ Maker of any equity in any of the Co~lateral w~thout the written consent of the Bank. Each Obligor hereby wsives any requirement of notice or demand reflecting svch accelerat~on insofa. as such reyuirement be in add:rion to the mere exercise of any remtdy ~ffwded in ~ this Note or the institu~ion of suit by the then holder Bank shall have, but shall not be lim~ted to, the following riahts, each of which may be exercised at any time whether o~ not this ~ note is due: (iy to p~edge w transfer fhis note and the Collatera~ and Bank shall thereupo~ be relieved of all duties snd responsibilities ~ hereunde~ and re~ieved from any and alf liability w~th respect to any Collateral so p!edged or tra~sferred, and any pledgee pr trans- ~ feree shall for all purposes stand in the p~ace of Bank hereunder and have al~ the rights of Ba~k hereunder; (ii) fo transfer the whole _ w a~y part of the Collateral into the name of itself or its nominee; (iii) to vote the Collateral; (iv) to notify the Obligors of any Col- laterat to make payment to Bank of any amounfs due or to become due thereon; (v) to demand, sue fw, col{ect, w make any compro- mise or settlement it dcems desirable with referencr to the Collateral; and (vi) to take control of eny proceeds of Collateral. ~ ~ Bank is hereby given a lien upon and a ucurity interest in all property of each Obligor now w at any tirtx hereaher in the pos- • ~ session of Bank ~n any capacity whatsoever, including b~t not limited to any balance w share of any deposit, tr~st, or sqency accou~t, as the security for the paymcnt of this note, and a similar ?ien upon and security interest i~ all such prope?ty of essh Maker as security fw the payment of all other liabifities of each Maker to Bank (including I~abilihes of each Maker and any other person); and Bank shell i have the same rights as to su~h property as it has with respect to the Co~lateral. ~ If Bank deems itself insec~re or unon the occurrence of any default hereunder Bank shall heve the foreclos~re and other remedies 3 of a stturtd party under the Uniform Commercial Code, or other applitable law and, without limiting the generalify of the fo~efloinp, ~ Bank shal; have the right, immed~atety and w~ti,out fufrher adion by it, to set off against this note all money owed by Bank in any cs- ~ pacity to each w any Maker; and if such set o(f shaU occur, Bank shall be deemed to have ezercised such riyht of set off and to have _3 made a charge agamst any suth money immediately upon tne acurrence of such default even thovgh such charqe is made or entered ~ on the books of Bank subsequent the~eto Unless tne Collatera~ is perishable or threatens to decline speedily in value or is of s fype ~ cusromarily sold on a recoqni:ed ma~ket, Ba~k will give Maker reasonable notice of the time and place of any public sale thereof w of ~ ~ the time after which any private sale or any other ~ntended disposition thereof is to be made. The requi?ement of reasonable notice shall ~ be met i~ such notice is mailed, postage prepaid, to any Maker at the address given below w at any other address shown on the rec- ~ ords of the Bank, at least five days before the time of the sate or d~spos:tion. Upon d~sposition of any Coltateral after the occurrence ~ of any de~au~t hereunder, Maker shall be and remain f~ab!e for any deficiency; and Bank shall account to Maker for any surplus, buf i ~ Bank shall have the r+ght to apply all or any part of such surplus (or to hold the same es e reserve agai~st) any and alI other lisbilities ~ of each or any M.aker to Bank. No delay or omiss~on o~ the part of Bank in exerc~sing any right hereunder shall operate es a weiver of such right or of a~y other ~ r;ght under this note. Presentmem, demand, prorest, ~or~ce of d~shono., e~d exrens~on of t~me w~thou~ not~ce are hereby waived by each and every Obl;gor. The Obligors, iointly and seve.atly, prom~se and a9~ee to pay all costs of collection snd resso~sble attwneys' ~ (ees (not less than 10% of the pr~ncipal sum) ~ncurred or pa~d by Bank in enforcing this note upon the occc~rence of any default. ~ Any notice ~o Maker sha~l be suffiuently served fo• ali purposes if leff vpo~ or placed in the mail, postaqe prepaid, addressed fo the j premises at the eddress s?+~wn below or eny orher address shown on Bank's reco.ds. ~ Wherever th6s note ~s executed by a co-maker or endorser who is fhe wife of a maker or endorur, the said wife does hereby ex- ~ pressly acknowledye the w~th~n debt ss her ~oint and individual debr. Esch of Maker acknowledges rece~pt of a completed copy of this Note qn Me above date. . . 1t13~ ~ ~r~ r~_~r~. , s• . ~ Addross: _ - _ . - _ . - - . - - (5~+4 ~ - ~ ~'~C~:~~ r't tj . ~ idi17IC`1Ct3.• . _ . - • . ' , ~ :..i:]C`f::^ia3.~.d r`J~ ' ~n ~ ~ - - - - - - - - , r ~";t - - ~-P11GE fW ~ - - ~ - t~.'.~:I'~P. .':~3t1~`1C@ ~ F HS . , - - . , . . - ~ . y. . ~t res.~.~