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Home My WebLink About0219 - 1 ~ + r~- -,~..tl ~~F~c~~:ll 13~.i!k INSTALIMENT NOTE ~ , BANK NAME ~~V~ V~~V~~ { ; ~1 ~ _rr. ~ al ~~t . , J~~~Sisn L:f:dct; , F~ Dw: , ~ ~i 19 e~ _ :5 ~OZU .14• ~ r LOCATION ~ ' Not~ Ne. Dat~d: -~-_'~1.1..~ . 19 .ZF , ~ loan Terms: 3, 9~ 2. 0 Q i Pr«Nd~ i j ~ NNANCE 0 8 4_; ~ 0. c {~----~-~-Q~•---L•9.OIl~1B.~-•-------~ CNARGE ~ aiter date the undersigned, hereinafter called Maker, joinily and severally ~ocum~Mary promise(s tor value ~eceived 1o pay to the orde~ oi the Bank. at its o f tice S~+e+Ps as listed ~ th t ts l. z-_ Oisabil~ ~In~i.i '_'T 'I'tIal; ~~$D ~r~~r~° ~~~~Y~~S' ~Q i~OV~_--_.;;_._..----- - h?) _ Olhe~(itsmize) Doll~n _ wiM inMrost theroa~ at tM rat~ of ._~Qs_~~_ ps? a~num, ell ysble in s ~l2.~_ rtwothly ir?stallments of ;..__~~._7Z--•-- ~xh on tM .---•~.~t day of o me r?p on ...~_~ad. 197 j~.---• toqNF+~r with ~ tach suaessiw month commenci ~ i.-•••-••----••••-•••-•~-•- • BAIIOON PAYMENT OF =-•-•-----~jOA~F--------•- 19 AMOUNT 3~, 0 O FINANCED i A fins computed at the raro of =.05 per s1.00 on each inst~l!ment in defautt fw ~~~~~~~y ~~~K~ •ps riod in excess of iQ days msy be char9ed the Make~. No such fine shall exceed ~arqes (itemiz~) SS.00. IM~ker is roquirod ro pay al! costs of collsction, includinq a reasw~able ana- _ n~y's fee if roier~ed ia collectio~ w 1e~sl proceedlr+qs. All payments, wh~the~ prin- cipal, i~t~reat or otherwise. rwt re~eive8 wMn dut shall bear interest at 10'X. p~~ - annum fran dus date until paid. All payments made he~eunder shail bs uedited ANNUAL ~ERCENTAGE RATE 1~._ X, ~int to i~terest, then to lawful.cha~ts then sccrusd, and Isst to principal. If the loan ispr epaid in iull, aaelerated or refinanced, the Maker shall u of t?~e date of such event ncaiw wch roivnd of th~ un- s~rnsd pation of tM credit life insurance p~emium and finsnce charge and such other uedit u may be rp~ired by law p as may b~ necauary to avoid usury, provided tMt the Holder may retain a minim~m finsnce cMr9e of =25.00, whether or ~ot oth~rwise earn~d, a~d except in the case of a rofinancin9, no fi~ance charqe or premium ~eiund shall bs msde if it amounts to leu than =1.00. RMtntion of amr minimurn finante shall be in addition to sarvice tharge if any. Any languaqs elsewhete herein to tM contrary nolwifhslanditp, nsither Bank nor any holder hereof shall receive or rctein any chs?qe w interest not albwed by law. _ ~ As security fw the psyment of this noro AAaker has pledQed w deposited with Bsnk the followinq propsrty: d!~ 7 69 $ ~ :.~~diY~si__.i.at~re~__in._.._~Tu~1~~_~,~_~_.~4ndominf~ms__Y.l_. recorded in_ C~.R.TBaok 250, ~~9e---Z~l~a_~Lix~i.~__W'1L_9----~6_..and_. 1 7___ in.._Con~..: 9.r...- A~ t'--- yg.---~='- 3, ~ a s d e s c x i b~ d i n. s a i~ , (includirp all cash, stock and oti+e? dividends and all rights to subscribe for securities incident to, dectared o? yr~nted ~?~«r~«~ w~;i~ortg~ag~ ~ - suchp~ ppeny), which properfy, toyether with all additions and s~bstitutions hereafter pledged w deposited with Bank is callad the Col- latenl. The ~ollate?sl is also pledqed as security for sll other liabilities to Ba~k, (primsry, secondary, direct, contirgem, sole, joiM or ~ sew?al), due or to becane due or which may be hereafter contracted or acqui?ed, of es~h Maker (or of each Maker ~nd any other per- ~ son). The surrender of this note, upon payment or othe.wise, shsll not affect the riqht of Bank lo retain she Collaterel for such othsr liabilities. CREDIT llff AND CREDIT LIFE 3 DISABILITY INSURAN~E ARE VOLUNTARY ANO NOT REGIUIRE~ FOR CREDlT. Sutk insur~nte coverape is available at the cwt desiQnated below fa the ~erm of the credit: (a) i__ fw C~edit lif~ In- 1 suranae (b) S------•-°--•-•-------------------------------------------- - fa Gedit life 6 Disability Insurance: ; Chack - Appl. ? Credit life tnsurance is desired on ths life of i Box ~ Birfhdate - Q Credit Life E~ Oisabiliry Insuronce is desired on 1 BiAhdere ~ ~ Credi! Life snd/o? Dissbility Insurancs is not ' _ ~ Date:-•--~-.Tt1~.y__1~3~~975 ~;~~,r~~a~--- ~~,{~ao~,~'rank Yanaros , Sipnature _ ' C~---- --Q.v~4.t~~1°~Qrie C. Y~.diCQ~t ~ Additions to, reductions or exchanges of, o? substitutions fo. the ~otlaterol, yments on saou~t of this losn or increases of the ~ same, or other lonns made partially or wholly upon the Collaterol, msy from time to time be made withotit affsttiny the prwisions of this note. Bank shall ~xercise reasonable ca~e in the custody and preservation of the Collateral to the extent required by applicable st6tute, and shall be deemed to have exercised reasonabie care if it takes such action fw that purpose as AAeker shall reasonably roqvest ' in writinp, but no omission to do any act not reqvested by AAaker sha11 be dcemed s failvre to exercise reasonable csrc, and ~o omis- Y s'ron to comply with aMr request of Maker shall of itself be deemed a fsi)ure to exercix reasonable cars. Bank shall not be bound to ~ take er?y steps necessary to preserve any ri~hts in the Collateral against p~iw parties ai?d Msker shall take atl neaessary stepa fw wch y ; purposes. Bank ot its nomioee need not co lect interest on or principal of aoy Collateral or give any natia wilh respstl to it. i j If the Collateral shsll at sny time become unsatisfacrory to Bank, Maker shall within one day after demand pbdys and deposit ~ E with Bank as part of tlx Collateral additional property which is satisfxtory to Baok. ~ ~ if Bank deems itself insecure, or upon the happening of any of the following events, each of which shall constitvte a default here- ~ ~ under, all lisbilities of each Make~ to Bank shall thereupon or thereafte-, at the o~tion of Bank, without notice or demsnd, become due i and payabk: (a) the faHure of any Obligw (which term shall mean and include each AAaker, endoner, surety, and suarantor of this ~ ~ note) to perform any agreement hereunde~, to pay interest hereon within ten dsys after it is dve, or if there be no due date, after it ~ ~ is billed or otherwise ?equested o~ demanded, to pay any other liability whstsoever to 8ank when due: (b) the death of any Obliyor: 1 (c) the filinp of any petition under the Bankruptcy Ad, or any similsr federal or state statute, by orsg ai~st am Obliyw; en ~ppliu• ± tion fw the appointment of a receiver fw, rhe rnaking of ay neral assignment fw the benefit of aediton by, w the insotvency of amr Obiiyori (e) the entry of s judoement sgainst any Obligor, (fj the issuing of any attachment w yamishment, or the filiny of a~y (ien, ~ aqainst any property of any Obligor; (g) the takinq of possession of any substantial pan of the property of sny Oblipw at the instsnce of eny povernmental authority; (h) the dissolvtion, merger, consolidation, or ?eorgsniZation of any Ob{igor; the sssipnment by any _ ~ AAaker oi any eq~ity in sny of the Collateral without the written consent of the Benk. Each Obtigor hereby waives any re~qtriiement of ~ notice or demand reflecting such ecceleration insofar as such requirement be in addition to the mere exercix of sny remedy sfforded in ~ this Note or the institution of suit by the then holder. Bank shall have, but shall not be limited to, ti~e following riohts, each of which may be exercised at any time whethe~ or ~ot this ,note is due: f) to pledge w transier this note and the Collateral and Bank shsll thereupon be retieved of all duties and responsibilities ~ hereunder and relieved from any and all liability with respect to any Collaterat so pledged or transferred, and any pledqee or tra~u- ~ feree shall fw all purposes stand in the place of Bank hereunder and have all the ?iyhts of Ba~k herevnder; (i~ to transfe? the whale } w sny part of she Collateral into the r.ame of itself or its nominee; (iii) 1o vote the Collateral; (iv) to notify the Obli,~yars of any Col- lateral to make payment to Bank of arryr amounts due or to become due thereon; (v) to demand, sve fot, collect, or make any comp?o- ~ mise or settlement it deems desirable with reference to the Colfaterol; end (vi) to take controi of any proceeds of Collsteral_ ~ Bank is hereby given a lien upon and s security interest in all property of exh Oblipor now a at any time heresfter in the pos- ~ ~ seuion of 8ank in any capscity whatsoever, incltxlinq but not limited to srry balance or share of sny deposit, trust, orsge ncy aaount, j a: the security for the payment of this note, s~d a similar lien upon and security interest in sll svchpr operty of eath N4aker as securi~ j ~ for the payment of all other liabilities of each Maker to Bank (induding liabilities of esch AMker and any other persw~); and Bank sha I j have the same rights as to such property as it has with respect to the Collateral. ~ ~ If Bank deems itself insecure or upon the occurrence of any default hereunder Bank shall have the fweclos~re and other remedies ~ ; of s secvred party under the Uniform Commercial Crode, bfr-Cfh~r applicable lew and, without limiting the 9eneralify of the fweqoirq, " Bank shall have the right, immediatel and withbut fu?ther action by it, to sZl off against this note all rtwney owed by Bank in any ca- 's ' pscity to each or any Maker; and if h'set off shail occur, Bank shall be deemed to have exercised such right of set off and to have ~ ~ msde s charge against any s~ch mo immedietely upon the acurrence of such default even thouyh stxh charye is made or entered ~ on the books of Bank subseqvent thereto. U~less the Cotlsteral ~s perishabie w threatens to dectine speedily in value or is of a type ~ customarily sold on a recognized msrket, Bsnk wilt yive Msker reasonable ~otice of the time a~d place of any public sale thercof or of ~ ~ the time after which any privste sale or any other intended dispoaition thereof is to be msde. The requirement of reasoneble notice shall , ` be met if svch no~ice is mailed, postage prepa:d, to any Maker at the address given below or at sny ether sddress shown on the rec- ~ wds of the Bank, st teast fiva days be~we the time of the sale or disposition. Upon disposition of any Colleteral after the occurrerxe ~ of any defsuN hereunder, JNaker shall be and remain 6able for any deficiency; and Bank shall account ro Maker for arry surptus, but ~ Bank shall have the right to apply a11 or sny pan of such surplus (or to hold the same ss a reserve aysinst) any end all other liabilities ~ of esch or any AAaker to Ba~k. ~ No delav or omission on the part of Bank in exercising any right hereundsr shall operate ss a waiver of such r'~yht or of any other 3 = right under rhis ncte. Presentment, demand, p?oust, notice of disho~w, and extension of t+me without notice are hereby waived by ? " each and every Obligor. The Oblipors, jointly and severally, promise and apree to pay all costs of coilection and reasonable attorneys' ~ fees (~ot less than 10% of rhe principal sum) irxu~red or psid by Bank in enfwciny this note upw+ the occ~rrence of sny default. ~ Any notice to Maker shall be sufficiently servcd for ell purposes if kh upon w placed in the mail, postsqe prepald, sdd~essed to tM ~ premises at she addross shown below w any other address shown on Bank's recads. : ~ YVherever this note is executed by s co-maker or endorser who is the wile of a maker or endwser, the said wife does fiereby ex- ; ~ pressly acknowledqe the within debt as her jant and individual debt ~ 3 Each of Msker acknowledyes receipt of a complered copy of this Not the sbove date. i~/ ~ , z ; Addnss: - 7 Z u ~ E? 7' T n G ~ - ` - ~_~t~L ~ ~ ~L (~+n ~ ~ - - - - • ~~~e~'f _ ~ :~S1.~sn~. 33~5~ :'ran~"-E. ~fanarr~9 ~ ~ . , ;ri , Q ~ - - - - - - - - ~ g:-~- ~rtlV- - ~V ' ? ~ i~~ C' t' r: ~i ~ "r BS 770 2%76 ~ ~ . ~ ~w....._.. _.r__._~._._.. - ' . . , . . - _ . _ ~ _ ~