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Home My WebLink About0692 ~ J` .;E, n ._K ~ } . ~ INtTAtt1NENT NOTE ~ - 6ANK NAME ' L~ ~ (S~cund and Uns~cund) ~ . ~ q~`r.( • j~~~ 1 ~ ~ ~ .7.".~;1PI'~' S~ • a ~.lp:l. P~ ~ti_c"_.~(y~ I''~n. ~'~i ~Y~L l.t i ~9 : `fOCL•.~t,~ . LOCATION ? ~ twn T~rm~: s Not~ No. Dat~d: , 19 V•ocHds f_..:~, 2•0~ fINANCE = 1,06? ~CO ixty--.. ~ _M~t,.~.kn~.. CHARGE after date the unde:cigned, herei~aiter calied Make~, jointly and severally <,Docvm~?f~ry i....._.____.______~... promise(s) fo~ value received to pay to the order of the Bank, a/ iis o(iice S~amA~ as ~isted above the sum oi (totat oi paymants)-• Cr~ D~~li~ln~s.i ._.._-....r: ~ ~ ~7~'b TH~U~~.Ni3 i'is...NTY FIVE ~tiD £,0/1~0 b - Ooilan ~her(itemize) - with intertst th~r~on af th~ rat~ of _SQ_w~ 'Xs per annum ell payable in •°---z.---°-__._._.___. f ____~s~__~.._ moathly inst~iimants of :...$3..~C1.. each o~ tl+~ d~y of _ ~ch suatuive month commencirp on .~..T~~..~------------- 19_7l,c.. . toqetMr with a BALLOON PAYMENT OF 5..._. I~lt].'1~---------•---. Oue 19 3 9~12.Od NNANC~ t --•-t---....-•------...___.. A fins computed at the rate of S.OS per sl •00 on each instsl!mant in dstault for ~~raroFy collscted •pe riod in excs~s of 10 dsys may be charqed the Maker. No sucA iine shsll excead ~~~~s (Itemiz~) =5.00. Make~ id required to pay all costs of collectio~, ir?cludirp a roasonable atta- ney s fee if referred for collectio~ or le9al proceedinqs. All payments, whether prin- i-..-...--~ . dpil, intere~t a otherwise. not .eceived when dvs sh~ll besr interost at 109L per ~ annum from dus da?e until paid. All payments msde hereunder shall be credited ANNtML PERCENTAGE RATE 1Q.____ % first to inronst, the~ to lawful cha:yes then accrued, and last to p~incipal. ~ If the loan is prepaid in full, aaelerated or rofinarxed, the Msker shall as of the date of such eveM r~ive such refund of th~ un- eamed patio~ of the credit life i~surance premium and finance cha?qe snd such other credit as may bs required by Isw or as may b~ nscessary to avad usury, provided that the Holder may retain a mimmum finance charqe of =25.00, wherher or rat otMrwiss earn~d, and except in the case of s refinancinq, no finance charfle o~ premium refu~d shall be made if it amounts to leu tha~ :1.00. Ret~nYwn ~ of any minim~xn fina~te shall be in sddition to service charqe if any. Any languaqe eluwhere herei~ to the tontrary nofwithstendir?~, nsither Bank nor aMr holder hereof shsll reteive or retsin any charge o? interest not allowed by Iaw. ~ - As security for the payment of this ~+ote Maker has pleaiped or deposifed with Bsnk,tht folbwl 0.0T6s~~, '~iT:d~.vi~d ~ P~oPO~'N~-- - - °~:est 2~.~.tt1~ ~ee~ Con~. 2, recor.ded in O.~t. BG~k _250~---P,ge_2931.. S~r;it ~ieek~ 30 - _ ~ ~ .t'~.~'~ K ~---s-~---~.~~u.C~~._sll_~~C~.fi'iCr~t~~~--------- - ~ ~ : 1 ~-x'-~'x e.. ~~~-a- - - • .4-' =•a : . - ,(includinp all cssh, stock and other dividends and all ~eghts to subxribe for securities ~nudent to, declared or 9r~~ted in connsdion with suth property), whith property, together witfi all additions and substitutions hereafter pledged w deposited with Bank is telled the Col- ~ lateral. The Collaterat is also pledqed ss security fw alt other liabil~Tfes to Bank, (primary, ucondary, direct, continqent, sole, joinf or sewral), due or to become due o. which may be hereafter contracted or acquired, of esch Maker (o~ of esch Maker snd a~y other psr- son~ The svrrender of this note, upon payment a otherwise, shall ~ot aifect the right of Bank to retain the Collaterel for such other ~ liabilitiea. CRE~IT LIFE AND CREDIT IIFE d. OISABIIITY lNSURANCE ARE VOLUNTARY AND NOT REQUIREO FOR CREOIT. Such iosurancs coversye is availabte s~ the tost desiynated below for the term of the credit: (a) s__ fw Credit tife IM i sunnae (b) s------•---------------------------•----------------- for Credit life d. Diubiliry Inwronce: ~ ~ Chsdc - Q Credit life Insurance is desired on the life of ~ BiAhdate - ~ ? tredit Life d~ Disability Insurance is desired on . t Birthdate ' , , , Credit life and/w Disability Inwronce is not .d~sired. ' . ~ - - : x . Daro- ~nv L_ 7o s;9r,a~u.e c~~' - -.r~i .-f - --Reir.~:nd ~ ~T Cles ` . ".'•'t.~ ~ ~ . "L . _ _ ~ ^ ~ ~ Signature X - ~ ~ - ~AZ'1 P' _ - • -----t-~;.._,_~.._-3 - -k_.,,_<..f,~~fy ~ Additions to, reductions w exchanges of, w s~bstit~tions for the Collateral, payr ~nts ,dn~fiaount of this loan or increasss of th~ same, o~ other loans made partialfy or wholly upon the Collateral, msy from time 16 timt bt made witMouf affetti~q the provisio~s of this note. Bank shali exercise reasonable care in the custody ar+d pres'rvation of the Collste?al to the extent required by appliuble ~ statute, and shall be deemed to have exercised •easonab~e care if it takes such action for thst purpose as Maker shall rtasonabiy roquest in writiny, but no omiuion to do any act not reqwsted by'Maker shall be deemed a failure to exercise ?sasonable oNe; eod no omis- : sion to comply with any request of Maker shall of itself be deemed a failure to exercise reasonable care. 8ank shell not ~be bound to ~ take any steps necessery to p?eserve any rights in the Collateral egainst prior parties and Maker shall take all nacessary steps fw such ' purposes. Bank or its nominee need not cotlect interest on w F+riotipal of any Colla+eral or give any notite with respetf to it. ~ , If the Collateral shall at ~ny time become unsatisfactory to Bank, AAaker shall w]thin w~e day after demand pled4e and deposH ; with Bank as part of the Collateral additional prope?ty which is satisfattory to Bank. ~ If Bank deems itself insecure, or upon the happening of any of the following events, each of which shall mnstitute s default here- ~ under, all liabilities of each Maker to Bank shall thereupon or thereafter, at the option of Bank, without notice w demand, becoms due i and payable: (a) the failure of any Obligor (which term shall mean and- i~clude each Maker, endw3~er, surety, snd qwrantor of this : note) to perfwm any ayreement hereunder, to pay interesf hereon within ten days after it is due, w if there be no due dete, after it •j ' is billed or otherwise requested or demanded, to pay any other liability whatsoever to Bank when due; (b) the desth of any Obliyw W ihe filirq of any petition under the Bankruptcy Act, w eny similar federal or state statute, by or against any Obliqor, (d~ an applics- - ~ tion fw the appointment of a receiver for, the making of ay neral assignme~t for the benefit of credifws by, or the insotvency of sny ~ j Obligor; (e) the entry of a jud9ement against any Obligor; (fj the issuir~ of any attschment or garnishment, w the filinq of any lien, s ! s~ ainst any property of any Obligor; (g) the taking of possession of any substantial part of the property of any Oblipor at tha instance of arryr yoverrtmentel authority; (h) the dissolution, merger, consolidation, or reorganization of any Obligor; the aui~nment by any ~ ~ Maker of any equify in any of the Collateral without the wriHCn consent of the Bank. Each Obligor hereby waives any requi~ement of t r,orice or demand reflecti~g such acceleration insofar as such requirement be in additio~ to the mere exercise of amr remedy sfforded in i ~ this Note or the institution of wit by the then holder. ! ( Bank shall have, but shall not be limitea to, the following riahts, each of which may be exercised at sny time whether o? not this ~ ~ note is due_ f) to pl~dge or transfer this note a~d the Collateral and Bank shall thereupon be relieved of all duties and respon~ibilities hereunder and relieved from any and all liability with respect to any Collateral so pledged or tronsferred, and a~y pledflee w trans- ~ feree shall fo~ alI purposes stand in the ptace of Bank hereu~der and have all the rights of Bank hereunder; (ii) fo frensfe~ fhe whole ~ w any part of the Collateral into ~he nart+e of itself w its nominee; (iii) to vote the Collateral; (iv) to notify the Obligws of any Col- ; lateral to make payment to Bank of sny amoums due w to becane due thereo~; (v) to demand, s~e fo?, collect, w make any canp?o- ~ mise or settlsment it deems desirabte with reference to the Collateral; and (vi) to tske control of any proceeds of Collstenl. ~ ~ Bank is hereby given a lien upon a.~d a sec~riry interest in all property of each Obli9or now u at any time heresfter in ths pos- ` sessio~ of Bank in any capacity whstsoever, intluding but not limited to any balance or share of any deposit, frusf, oraqe ncy eaount, 't as the security fw the payment of this note, and a similar {ien upon and sec~rity interest in all suchpr operty of esch Maker as security ~ ~ for the payment of all other liabilities of esch AAaker ta Bank (incfuding liabilities of each Maker and any other person); and Bank shsll ~ j have tfie same rights as to such property as it has with respect to the Collateral. _ i If Bank deems itxlf insecure or upon the occurrence of sny default hereunder Bank shall hsve the foreclosure end other remedies { ; of a secured party under the Uniform Commercial Code, a other applicable law and, witho~t limit'tny the generality of the foreyoiny, j Bank shall have the right, immediately and without further action by it, to set off against this note ell"money owed by Ba~k in any ca- ~ pacity to each or any AAaker; ard if such ut off shall xc~r, Bank shall be deemed to have exercised such ri9ht of set off and to have ~ rt?sde a charge against any such money immediately ~pon tFx acurrence of such defavlt even though such charqe is msde or e~tered } on the books of Bank s~bseqvent thereto. Unlest the Collateral is perishsble or threatens to decline speedily in value w is of • type } ~ customsrily sold on a recognized market, Bank wilt give Maker reasonable rrotice of the time and place of any public sak thereof or of 1 ; the time after which any private ssk or any other intended disposition thereof is to 6e ms~e. The requirement of ressonsbb notice shall ~ be met if such notice is mailed, poslsye prepaid, to any Maker at the add~ess yiven below or af any other sddress shown on fhe ret- ords of the Bank, at least five dsys be?we the time of the sale w disposition. Upon dispositiw~ of any Collatersl after the occ~rrence ; ~ of any defeult hereunder, Maker shatl be and remain liable fw any deficiency; and Bank shall xco~nt to Nlaker fw any surplus, but + t Bank shall have the riyht to appty alI or ar~y part of such surplvs (or to hold the same as a reserve aQsinst) any and all other lisbilities ~ of each or any Maker to Bank. . No delay or omiasion on the part of Bank in exercising a~ry right he?eunder shall operere as a waive? of such riyht or of sny other i ' riyht under this note_ Presentment, demsnd, profest, notie~ of dishonor, aod extension of time without notice are hereby waived by ~ i esch and every Obligor. The Obligors, jointly and severelty, prom~se snd agree to pay all costs of coltection and ressonabte attwneys' t ~ fees (not less than 1096 of the principal sum) inturred w paid ~y 8ai~lt,yl,~n~prcing this note upon tha otturrencs of any defevlt. s t Any notice to Mekei shsll be sufficiently served for atl purpo~s{ if kfi upa~ br. plaud in the msil, postpf •prepaid, add~essed to ths ~ ~ premises at the address shawn below a any other address shoWn on dsnk's retwds. ! ~ Wherever this note ~s executed by s co-maker or endwser who is the wife of e maker or~endor the said wife doss her~by ez- pressly scknowledye the within debt as her iant and individwl debf. ~ Eech of Make. acknowledges receipt of a completed copy of this ~lote on the • e da ~ ; , ~ - ~ . . . . F ' ' - , • . , , . • t ~ ; Addross: . ~ - - - - }-_.-~-~-~?~<•-.---t-= - - (Ssa4 . , . , ~ al•_t3:. . i~'! :~f_`_..}I~ 2' ~.~?1=.i i_ ~?e~~'~J S;7 F:1CI.3~Q r• ti- I ~ ~ Y y . y - ~ ~ r • _ S ` (S~+q , , , - ~t k-+~ , _ ' ~ - ' a ^--------•--'---•----1' ~T . . F"r. . ~ Fes . ~e ~t~~ ~.?V~ ~ ~ :'loc;s: 'F:~ • ~ ~ ~ _ - ~ _ . . _ . _ ~._u_.~. _ ~ n.._~_..v... . _ ;~._.~t,r~.~,,.~