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Home My WebLink About0709 i i::.a:z'.i~ ~ ;3a'i.~~ i '~a'~`as. ~ • INSTAUMENT NOTE p • BANK NAME ~SKYIlII M{t ~JIIMtYf~~ a~ :o~:;~~:ercia2 St., Jo:,:;~n EiRa~ch~ Fl 2 263.C~ Du~: _Y 19r' ` : ~ - IOCAT iQN lo~n T~rms: 1~ 7~~, ~ Q Q NoN No. ~ ~at•d: . 19 or«eed~ i ~ _ . . . ` FINANCE ....t~ ~_2~.~ ~ .___._._.SiXt~/ _t60 ~ _ :30rith6_ _ _ . CHARGE i . atter date the unders~gned, here~na(ter catled Make~, ~o~nUy and severally Doc~mentuy i_. prom~se(s) for value rece~ved to pay to the order of the Bank, at ~ts off~ce S~amps ` ~D~.~IX'1~}i~~~h ~TtytU4ta'1'~#1~~~~ TWC~ FiIINDR~T~ - C.edit life (ry~ ini.3 d. ~isebili . , . - . . - ar,e t ) EI~i~.~'i'Y~THREE~-----____---~~----.,.._~......~._- ? ~tem~zs • . . . Dotlars = - Z~~..d with inferett fhereon at fhe rot~ of _ 96 per annum, a1Lp~able in = mon~hly instsliments of s 3 a• Q~ eech on the C" day of each suaessive month comm~ncinq on . L. . 19 ~ , toqsther w~rh : . - • a BAIIOON PAYMENT OF t i~t~i'~~ D~e , ~ q _ ~OUNT 7 G Q~ _ FINANGED i . . A fine computed st the rate of =.OS per 51-00 on each instal'ment in defautt tor ~~~arely collected ~ a period in excess of 10 days may be cha.ged ~he Msker. No such fine shall excred charqes (itemize) _ s5.00. M~ker is required to pay all costs of coHect;on, includ~ng a reasonable at~or- ney's tee if roferred fo? collection o. legal proteedinps. AII paymenrs, whether prin- ~fl cipal, interest a otherwise, no1 received when due shall bear inrerest et 109'o per i-- - . annum from dve date until paid. All payments made hereunder shetl be cred~ttd ANNUAL PERCENTAGE RA~~~~X. firsf to interesl, then to lawful charges then accrued, and las~ to principal. If the loan is p?ep~id in iull, accelerated w?efinanced, the Maker shatl es of the date of such event receive such refund of tF?e un- earnad porlion of the credit life insuronce premium and finsrKe charge and such othe. cred~t as may be ~eqvired by law pr as may bs " necesssry to avoid usury, provided that the Holder may retain a mimmum f~nance charge of :25.00, whether o? not otherwise ea?ned, and except in the case of a refinancing, no finance charge o. premium refund shall be made if i~ amounts to leu tha~ ~1.00. Retentio~ of any minimum finance shal~ be in addition to serv~ce charge if any. Any lan9uage elsewhere herein to the contrary notwithstandinp, ~ neither 8ank no? any holder hereof shatl receive or retain any charge o. in~erest not allowed by law. A Q• ~ 3~ S$ UT1alYJ~QCG~t~~E'.I'e.~'tbQ,(,th~~~~1112'Tla~p:CB~~~~Si• ~~-T`E3~~IT~~~~~~i~~--~t~3E----~-b~~ - , .~~-_.?S 32: .#htit i~e~k ~ .3~._.in~ L1o:~d-: -L-'~5--, . #trr-- C--S-;--+s~--~ese-~-i~~~---~- s af d _ . . . . . . r _~Q gage (includiny all cesh, stock and other d~v~dends and all r~ghts to subscr~be for securi~ies inc~dent to, declared o? grented in connection with stxh prope?ty), which property, together with a1i additions and substitutions hereafter pledqed or depos~ted with Bank is cslled the Col- latersl. The Collatera! is slso p!edged as secu~~ty fo. all othe~ liabiliries ro Bartk, (prima~y. secondary, direct, contingent, sole, joint or several), due or to bccome due or wh~ch may be hereafter cont?acted o? acquired, of each Maker (er of each Maker and sny ofher per- son). The su.rende. of this note, upon paYment o. otherv.•~se, shalt nor affect the ?ight of Bank to retain the Collateral for such other lisbilities. . _ CREDIT tlfE AND CREDIT IIFE ~ DISABIIITY INSURAIVCE ARE VOIUNTARY AND NOT REQUIRED FOR CREDIT. Such insurante cove?age is ava~labte at the cost des~gnated below (or the term of rhe cred]t: (a) s _ fw Credit Life lo- sure~+ce (b) S . . _ _ _ fw Cred~r t~fe 3 D~sab~h:y Insurance: Check Appl. p Credit life Insurance is desircd on the !ife of _ _ _ - Bpx ~ _ _ . - - - Bi.thdare ? Credit life ~ Disability tnsurance is dlsi~ed on ~ . . - - Birthdete _ . _ _ _ - t~ Crcdit tife and/or Disability Insurance is not tJpsired. r... . I May 22, 1976 h . , ' r _ ~.TG~Li - a-Y-;,~w----- ; Date: . _ - Signature . ti n • _ t - " " ~ ~ ~~w". ~'i~~ra:: `~~~rv~; Siynature - - - ..s--- . Additions to, reductions o. exchanges of, o? substitut~ons for the Co!Iare.al, paymeMS on aaouM ~ this Ioan or incresses of the ssme, or other loans made partia;iy or wholly upon the Collateral. may from time to fime be made without affectir?q the provisions of this note. Bank shatl exerdse reason~ble care in the custody and preservation of the Collateral to the extent required by applicab~e ~ ststute, and shatl be deemed to have axerc~sed reasonab~e care if it taices such action for that purpose as Maker shall ressonably requesf in writing, but no omissio~ to do any xt rtot requested by Maker shall be deemed a fa~IUre to exercise reasonable care, and no omir sion to comply with any request of Maker chall of itself"be deemed a fa~lure to exercise reasonable cere. Bank shsll not be bound tq ~ take any steps necessary to preserve any ri9hts ~n the Co~~ateral against prior parties and Maker shall take all necessary steps for such ~ purposes. Bank or its nominee need nos cotletl interest o~ or pnnc~pal of any Co~lateral or give any notice with respM to it. If ihe Cotlaterol sha~~ at any time become unsatisfactory to Bank, Maker shail wirhin w~e day after demand pledqe and deposif ~ with Sank as part of the Callaterot add~t~onal p.operty which is sarisfactory to Bank. ~ ; If Bank deems irself insecure, or upon rhe happen~ng of any os the fol~owing events, each of which shal! consritute a default here- ~ j under, all liabilities of each Maker to Bank shall thereupon or thereaffer, at the option of Bank, w~thouf notice or demand, become due ~ ~ and payable: (a) the failure of any Obligor (which term shafl mean a~d include each Maker, endorser, surety, end guarantor of ihis ~ note) to perform any agreement hereunder, to pay ~nte:est herean within ten days afte? ~t is due, or if there be no due date, after it ~ is billed w otherwiu requested or demanded, to pay any other liabil~ty whatscever to Bank when due; (b) the death of any Obliqw ~ (c) the filing of any petition under the Bankruptcy Act, or any similar federal or state statu!e, by or againsr any Obligor; an applica- ~ tion for the appointment of a rece~ver for, the making of a general assignment for the benefit o4 creditws by, or the insolvency of any ~ Obligor, (e) the enrry of a judgement agamst any Obligor, (f) +he issu~ng of any attachment or garnishment, o? the fifing of any lian, ; ~ aq ainst any prope~ty of any Obligor: (g) the taking of possession of any substantial part of the p~operty of any Obliyor at the instar~oe ~ of a~y governmental authority: (h) the d~ssolution, merger, consolidat~on, or reorgan~zation of any Obli9or; {i) the assiynment by any - Maker of any equity in any of the Collatera! without the w.itten consent of the Bank. Each Obligor hereby waives any req~irement of notice or demand refled~ng svch acceleration insofar as s~:h requiremenr be in add~t~on to the mere exercise of any remedy sffwded in this Note or the institution of su++ by the then holder Bank shsll have, but shatl not be limited to, the fotlowing riohrs, each of which may be exerc~sed at any time whether u nof this ~ ~ note is dve: (i) to pledge or transfer this note and the Coltaterat and Bank shall thereupon be re~ieved of stl duties and responsibilities hereunder and relieved from any and all t~abil~ry w~th .espect to any Cotlareral so pledged or tronsferred, and any pledgee or trons- ~ feree shall for all purposes stand in the pface of Benk hereunder and have all the rights of Bank hereunder; (ii) to transfer fhe whole w any part of the Collateral into the name of itself or its nominee; (iii) to vote the Co~laterel; (iv) to ~otify ttx Obligors of any Col- ~ ~ lateral to make payment to Bank of any amounrs due or to become due thereon; (v) to demand, sue for, collect, or make any compro- mise or settlement it deems des~rable with refererxe to the Collateral; and (vi) to take control of any proceeds of Collatersl. Bank is hereby given a lien upon and a secur~ty interes: in all Froperty of each Obligw now w at any time hereafter in the pos- ~ session of Bank in any capacity whatsoever, intf~dinq but not limited to any balance or share of any deposit, fr~st, ot ayency atco~nt, ~ ~ es the securiry for ehe psyment of this note, and a sim~lar lien upon and security interest in all svch property of each Maker as security ; ~ for the payment of al1 other I~abilit~es of ea~h Maker to Bank (includinq liabil~ties of each Maker and any olher persw~); and Bank shall f ~ have rhe same righrs as to such prope.ty as ~t has with respect to rhe Collateral. : ~ !f Bank deems itself i~secure ar upors the occurrence of any default herounder Bank shal! have ~he faeclosure and other remedies ~ of a secured party under the U~iform Commerciel Code, or other applicable law and, wirhovt iimiting the generafify of the foteqoinp, j Bank shalt have the right, ~mmed~ately and w~thovt further action by it, to set off aqa~nst tnis reote all mo~ey owed by Bank in any ca- j F pacity to each o• any Mnker; and ~f such set off shall ocwr, Bank shall be deemed to have exercised sixh right of set off end to have ' m: made a chsrge againsr any svch money immedia!ely upon the occurrence of such default evers though such charqe is made o? entered ~ ` on the books of Bank su6seq~eM ~hereto Unless the Collateral +s pe~ishable o? threatens to decline specdily in velue or is of a fype ~ customar~ly wId on a recogn~zed market, Bank will g~ve JNaker reasonable notice of the t~me and place of any public sale thereof w of s the time after which any private sa~e or any other ~ntended disposition thtreof is to be made. The requirement of reasonable notice shsll be met if such notice is mailed. postage p~epaid, ~o any Meker at the address given below or at any other sddress shown on the rea ~ ~ ords of the Bank, ar Ieast five days besore rhe t~me of the sa~e or d~spos~~ion. Upon dispos~tion of any CoUateral after the occurrerxe ~ of any default hereunde., Maker sha~~ be and ~ema~~ ~~ab!e for any deficiency; and Bank shall account to Maker fw any surplus, bu1 g pp y y part of such surplvs (o~ to hold the same as e.eserve against) any snd all other liabilities = Bank shall have the r~ ht to a I all or an of exh or any Maker t~ Bank ~ ~ No de!ay or omiss:on o~ ~he par~ of Bank ~n exerds~ng any right hereu~de. :hall operote as a waiver of such riyht or of any other ~ right under this note. Presertment, demand, protest, notice of d~shonar, and e:rens~on of time w~thout notice are hereby waived by ~ ~ each and every Vb~~gor. tne Ubi~go•s, ~oinriy ana se•re~a~iy, prom~se a~c ag~ee to pay sii cosis oi caiection and reaso~abie attwneys" ~ fees (not less than 10% of the p•~nupa~ sum) incur.ed or paid by Bank in enfarcing this note upon the occurrence of sny defaulf. j Any notice ro Maker sha~~ be sufl~uently se.ved for a~~ purposes if feff upon o. placed in the maii, postaye p.epaid, addresud to ihe ~ ~ premises ar the address shown below or any orhe~ address shown on Bank's reco.ds. Whe.ever rhis nofe ~s e,cecured by a co maker or e~do~se. who ~s the wife of s make~ or endorser, Ihe said wife does hereby ez• ~ ~ pressly acknowledqe the w~rh~n deb~ as he~ io~nt and ~ndrvidval debr Each o er sckn ye ge receipt f, com lete py of this No( on the above date. , , ~ { + : , .r ~ i i f ' ~1°~~` ~<e ~ . . , ~3a~:f , ~ j/ ~ Address~ _ . _ _ . 1. ~--~-~f - «~n 34 .f?-~~I2`!~ fiflf -~~7~' ~ ~ X ~ - " ! . -t~ ~ C~(~r ' ' 4 ~~--_f ANL - ~ ' • ~ • 1 ~y- . 1~i3., ' ~ _4` 1..,_ r.jj ~.Q~--- ~~ary ~ t_~C~ --"_"~~.!}.~.5~'..... _ ~ FBS 71p 7-;5 ~ _ - . _ _ _..-..._.o.~.~ - - - - - s~,..~..?.;,.,. . _ . ,