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Home My WebLink About0742 T~~~ INSTALIMENT NOTE BANK NAME ,iKYnd and Unwcvnd) Jan~an BesaU.~]~ _ _ ou•: ~9 : - ~ocnriorv . loan Terms: - troh No. oat~d: ~...q-_--. ~9 ~6- P.«eed: s 3.930.00__.. FINANCE 1 OBO OO i . .~~.b...~.aL1L~_~~ ~T._ I~~--.._......__...... CHAROE atte~ date the unders~gned, hereinatter called Maker, jointly and severally Documentary t . p~omise(s) tor value received to pay to the ord~ea~~~ ofiice S?amps ss lis~et! above the sum nt (t~tal nf ~yments) . Credit life (or life b Disebility) Ins.i _ - - . . - _ . poUars ~her (itemize) - - ~ _ - - - with interest thereon at Ihe rate of . 96 per annum, all payable in = _ - - rtw~thty installments of S_$3•~. each on the day of f . - ~ach suaessive month commancinq on - _ _ . 19 . ~oyether with ~OUNT a BALLOON PAYMENT OF _ Due - - . 19 0--... . O . FINANCED t - . A fine computed at the rate of S•OS per s1.00 on each instal~ment in defeult for ~~rstely collected a pe?iod in exceu of 10 days msy be cfiarqed the Maker. No such fine shsll exceed ~harges (itemize) =5.00. Maker is required to pay all costs of collectio~, includiny a rcasonable sttor- s ney's fee if referred for colledion w~ Icqsl proce~dings. All payments, whethe? prin- . cipal, interest w otherwise. not received when due shall bear i~terest at 1096 per i annum from due date until paid. All payments made hereunde. shatl be cred~ted ANNUAL PERCENTAGE RATE X- finf to interesf, then to lawful charqes then accrued, and last to principal. If the loan is prepaid in (ull, accelerated w refinanced, the Maker shall as o( the date of such evcnt receive such refund of the w?- earned portion of ths credit life insvrance premium and finance charge and such o~he? cre.~it as may be required by law w aa may bs . neccsssry to avoid usury, provided that the Holder may retain a min~mum fina~ce charge of 525.00, whether or not othenwise earned, and excepf in the case of a refi~ancing, ~o fina?r_e cha.q~ or premium refund shsll be made if it amounts to less than ;1.00. Rete~tion of any minimum finance shall be in addition to service charge if a~y. Any language elsewhere herein to the co~trsry notwithstandinq, neither Bank ~w any holder hereof shall receive or retain any charge or interest not allowed by lew. As security for the payment of this note Msker hss pledged or deposited with Bank the fol~owing property: ~it..]~/_.____ ._.~.ZS._~ci--,3~-- - fp_ - - -...5~~~ - -------a~--~tatla.A~.aood~inlna~_Z,-_10500~s--Httcbi~oa .I~l~nds..F~--------- (including all cesh, stxk ar?d other dividends and all rights to s~bstribe for setur+ties incident to, declared or granted in connection with such prope?ty). which property, together with ali additions and subs~~tutions hereafter pledged w depos~ted with Bank is calted the Col- late~al. The Collateral is atso pledged as securify fw a~l othe? tiabil~ties fo Bank, (primary, seconda?y, direct, contingent, sole, joint a severat), due o. to bec«ne due or which may be hereafee. contracted o. acqui.ed, of each Maker (or of exh Maker end any other per- son). The surrender of this note, upon payment or othervvise, shall not affect the .~ght of Bank to retair. the Cotlateral fw such other liabilities. _c1_ CREDIT UFE AI~~REDIT UFE 8 OtSAtlIUIY INJUKANLE AKt vUlufviAKT i?NtU NOi K~vuiKtv ~GK ~KtuiS. Sucn insurence coverage is available M/~f+ cost designated below for the term of ~he credit: (a) S fw Credit life In- surance (b) S _ 'Y~ _ _ fo. Credit t~fe b Disrbiliry Insurance: Check AppL ? Cr-dit Life Insurar~`is desired on thc life of _ • _ . _ . _ Box ~ - - - - . -F - - . Birthdate _ _ _ _ . _ _ _ _ - p Cred~t life S D~sabilcty 1 is desired on . _ _ . - . - - - - - - -r - . . - _ _ - Birthda - - - - - . - p Credit life and/or Disability Insuran ~s n ' = _ - . _ _ Date: gr- ~~b Signatur /v' .~Lf ' - - . _ - Signature _ (,~I~-(!~t . - _Lc/IL-.f.l.<L4~' Additions to, reductions or exchanges of, or substitutions for the C` lateraf, psyments aaovnt of this loan or increaus of the same, or other loans made partially or wholly upon the Collateral, m fiom time to ~~me made without affccting the provisions of this note. Bank sha~t exercjw/tasonable care in the custody and preservatio~ of the Collaterat to the extent requi~ed by appliuble statute, and shall be deemed ~Tave exercised reasonabfe care if it takes such action for that purpose as Maker shall reasonably request I in writing, but no omission to do any act not requesred by Maker shall be deemed a failure to exercise reasonsble csre, and no omis- sion to comply with any request of Maker shall of itself be deemed a failure to exeruse .easo~able care. Bank shall not be bound to take any steps ~ecessary to preserve any rights the Coliateral aga~nst prior parties and Maker shall take all necessary steps for such purposes. Bank or its nominee need not colied ~nterest on or principal of any Col~ateral or give any ?wtice with respect to it. If the Co~lateral shall at any time become unsat~sfado~y to Bank, Make~ shail within one day after demand pledge and deposit ~ with Bank as part of the Col!ateral additional property which is satisfactory to Bank. f If Bank deems itsetf insecure, or upon the happening of any of the followi~g events, each of which shall constitute s default here- ~ urxkr, aI! liabilities of each Maker to Bank shal! thereupon ar thereafter, at the optio~ of Bank, without notice or demend, become due and payable: (a) the failure of any Obligor (which term sfiall mea~ and inclvde each Maker, endorser, surety, and guarantor of this note) to pe?form any agreement hereunder, to pay ~nterest hereon within ten days after it is dut, or if tnere be no dve date, after it 4 i; billed or otherwise requested or demanded, to pay any other liability whatscever to Bank when due; (b) the death of any Obligor; ~ (c) the filing of any petition under the Bankruptcy Act, or any similar federal or state statute, by or against any Ob!igor; (c~ an applica- tion fw the appointment of a receiver for, the making of a generat assignment for the benefit cf creditors by, or the insolvency of any Obligor; (e) the entry of a judgement against a~~y Obligor; (f) the ~ssuing of any attachment or gar~ishment, or ihe filing of any lien, against any prope~ty of any Obligor; (g) the taking of possession of any substential pa+t of the proFerfy of any Obligor at the instance of any governmental authority; (h) the dissolutio~, merger, consolidation, or reo~ganizatio~ of a~y Obligor; (i) the assignmenf by any ~ Maker of any equiry in any of the Collateral without the wrinen consent of rhe Bank. Each Obligor hereby waives any requirement of notice or demand ~ef(ecting such accete~ation insofar as such requiremen? be in additinn to the mere exercix of any remedy afforded i~ this Note or the institutio~ of suit by the then Fr~lder. Bank shall have, but shall not be limited to, the following riohrs, each of which may be exercised at any time whether a not this note is dve: (i) to pledge or transfer this note and the Collareral and Bank shall thereupon be relieved of all duties and respwisibilities hereunder and relieved fiom any and all liabiiity with respect to any Cotlateral so pledged or transferred, and any pledgee w trans- feree sF~all for all purposes stand in the p~ace of Bank hereunder and have all the rights of Bank hereunder; (ii) to transfer the whole w any part of the Collaterat into the ~ame of itself o~ its nomir.ee; (iii) to vote the Collateral; (iv) to notify the Qbligors of'any Col- lateral to make payment to Bank of any amounts due or to become due thereon; (v) to demand, sue for, collect, or make any compro- mise or uttlement it deems desirabfe with reference fo the Cotlateral; and (vi) to take control of any proceeds of Collateral. Bank is hereby given a lien upon and a security interest in all p.operty of each Obligor now or at any time hereafter in the pos- session of Bank in any capacity whatsoever, including but r•ot limited to any balance or share of any deposit, trust, w agency account, as the security for the payment of this note, and a similar tien upon and security interest in all such property of esch Maker as secu?ify fw the payment of all other liabilit~es of each Maker to Bank (including liabiliries of each Maker and any other perso~); and Bank shall have the same rights as to such property as it has with respect to the Collateral. If Bank deems itself insecure o? upon the occurrence of any defautt hereunder Bank shall have Ihe foreclosure and other romedies - of e:tcured party under the Uniform Commercial Code, or other applicable law and, withovt limiting tFe generality of the foregoing, ~ Bank shall have the right, immediately and without further action by ~t, to ur off against this note all money owed by Bank in any cs- ~ pacity fo eech or any Maker; and if such set off shall occur, Bank shall be deemed to have ezercised such right of set off and to have a made a chasge against any such money immediately upon the occurrence of such default even though such charge is msde or enfered ~ on the books of dank subsequent the.eto. Un!ess the Cotlateral is perishable or threatens to decli~e speedily in vafue or is of a type ~ customarily wld on a recogn~zed market, Bank wilt give Maker reesonable notice of the time and place of any p~blic sale thereof or of the time after which any private sale or any other ~ntended disposition thereof is to be made. The requirement of reasonable notice shalt be met if such notice is maifed, postage prepaid, ro any Maker a1 the address given be{ow or at any other address shown on the rec- o~ds of the Bank, at least five days be~ore the time of the sale or disposition. Upon disposition of any Collateral after the occurrence of any default hereunder, Maicer shall ~nd ~ema~n liable fw any deficiency; and Bank shall account to Maker for any surplus, but ' Bank shal~ have the right to appty all o part of such surpfus (or to hold the same as a reserve against) any end all other liabilities a of esch or any Maker to Bank. /~j ~ No delay or omiss~on on rhe part of Bdn~~r+ exertising any right hereunder shall operote as a waiver of such right or of any other ~ right ~nder this note. Presentment: demand, ~S~sr, notice o~ dishonor, and exrensio~ of time without notice are hereby waived by each and every Obligor. The Obtigors, jointly an~',peverally, prom~se and agree to pay all costs of colledion and reasonabie attwneys' fees (not less than )0% ot ~he principat sum) ~ncJrre o~ peid by Bank ~n enforc~ng this note upon the «currence a( any defsult. Any notice to Maker shatl be suff~ciently served for rposes if left upon or placed ~n the mail, postage prepaid, addressed to the ~ p?emises at the address shown below or any other addnd~ shown on Bank's records. Wherever this note is executed by a co-maker or e who ~s !he wife of e meker e r r, the said wife dxs he~eby ex• pressly scknowledye the within debt as her joiM and indivi debt. Each of Maker acknowledges receipt of a completed copy thi~te o~ the a te. Address: . ~~1 ~ 5~1 ~VB• , - ~ v ~ - - - - - _ . (Sea4 - _ _ ~ ~ , ~ , ~ Miaroi Fl ~ , : ~ , F~~GE . - _ ' cs~.o - - - - r._.. . - ~ IIorts~~. ~~to~p- ths>» - ~ . . _ . ~ ~ _ ,