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Home My WebLink About0225 j .)k:n~~ :z:::iclti :,.i:~k - INSTAtIMENT t~QTE ~ 6ANK NNME ~ (S~cu~~d aed Ue~u~ ~~v 'C.'i.'n::~:eruial St. ,.T~~is~:n Yc::;ct~, ?~'i ou•: 6 19 }ll_ = 2,'1G9. 7~ j LOCATION ' T Loa~ T~rms: 3 Nol~ Ne. Da1~d: •7z 17 . 19 Z.tt- , 7 8 a. 0 0 ~ Proaed: S fINANCE s.-- 4.t3 9. L Q.-- -------~~---~-fi.,`2~--._I''.,SL't11.8__.__......-•- - CHARGE ~ after clate the undersigned, hereinafter called Maker, jointly and severally Documenary i promise(s) for value received to pay to the order oi the Etank, at its otfice Stamps as iisted above the sum of (total ot payments)__ Credif lifs (or Life ~ :+;O 7.'F!(1;;SA:°1D '~4'JC? HUNU:RED SIXTY ivZHN Ai.D 2011h0 d~ Disebility) Ini.i ~ ~ pcllars ~her(itemize) . . . with int~r~st tMreon st th~ rsM of _.],.~...Q 0... .96 psr annum, all payable in : ~ • ~ mor?thly ins~~llmenrs-of =.3.T .$2-_-•._ exh on tM .6.}~_.._. day of i ~ ~ach woc~ssiw ma+th commencO.a~ RL3g-a--- b-- 19.7.~.... toqetMr w~~h AMOUPIT 1 r 7~ fl. U 0 a BALtOON PAYMENT OF i_.. ~ 19 ' fINANCEO t A fine computed at the rate of S•OS per t1.00 on each instaltmenf in de(autt for ~~~ately collectsd aps riod in exceu of 10 days may be chsryed the Nlaker. No such fine shall exceed ~harqes (itemiza) _ . =5.00. 1Naker is requirod ro pay all cosis d collection, includinq s reasa?able ettor- ' nsys fe~ if nferred for collection w leyal proceedinqs. All paymanh, wMther prin• i__-' Npal, inte?esf p otherwise. not reteivsd when due ihsU bear interest at 1096 per annum from dw date until paid. Ail payments mads he?eunder shell bs credited ANNUAI PERCENTAOE RATE j,j~.__ ~f. fint M interost, then to lawful charpes then accrued, and last to principsl. If the loan is prepaid in full, aocelerafed or re!inanced, the Maker shall ~s of ~he dste of such eveot rec~ive such refund of tl» un- earn~d portion of ths credit life ittsurance p~emium and finance charpe and suth other credit as may be nquired by I~w p as may b~ # neo~sssry to avoid usury, p~ovided that the Holder msy retain s minimum finar?ce char~e of =25.00, whether or not otherwise earned, and except in ti~e case of a refins~ciny, ~o fi~arxe charge or premiurn refund shall be made if it amounts to less than s1.00. Rettntion ~ of ~~?y minimum finance shall be in addition to service charqe if any. Any lan9~ape elsewhere herein to the contrary notwithstandinp, Mither Bank ~+w eny holder hereof shell receive w retain any charqe w interest not ellowed by Isw. As seturity for ths payment of this note Maker has pledged w deposited with Bank the followirp p?operiy: A___~ . 4 ~ b 9 8 ~ :titj].Y' '~~~~.rt~~r~---i~,~_.~_t_~u~~.~_.~~~~' ~?nda;r_.~~~um.$_.I.a_. ~~rded 3.n O._R__Sook ZSO, •:ige...2~3_~ W~e};5...3.~._.an~_ 34 in Condominium C-2a" A~ ~~o. C-~Q,_ ~a d cx~ibed. n~~----- - - - - . _ - (includinq sll ush, stock and orher dividends and atl rights to subsc.ibe fa securities ~ncident to, dectered w yranted in connectioo wit n~ai.d stxh propertY), whith property, together with all additions and svbs~itutions hereafter pfed9ed a deposited with Bank is pllsd the Col- " I~teral. The Collateral is also pledged ss security fw aft other IiabilitSes to Bank, (primary, secondary, direci, cot~tirqent, sole, joint oemZ'L'tt~ag~,~ seversl), due o~ to become due or which msy be hereafter contracted or acquired, of each Maker (or of eacF+ Maker and sny other per- son~ The surrender of this note, upon payment or otherwise, shafl not affect the right of Bank to reqin the Coltsteral for such otMr liabilities. CREDIT IIFE AND CREDIT LIFf 3 DISABIIITY INSURANCE ARE VOLUNTARY AND NOT REQUIREO FOR CREDIT. Sixh insurante coveuye is evsilsbte at the cost designated below for the term of ths credit: (a) 3 fa Credit life Iro wrance (b) for Credit life 6 Disability Insurance: ~ a Appl. ? Crodit life Insurance is desired on the life of ~ 8ox - Birthdate - _ } p Credit life d. Disability tnwrance is desired on { - . ~ - Birthdate - 1 Credit Life and/w Disability Insurante is noydesired. ---_--l - ~ ti ~ ) ~.7 ' Dste: ---3- Signature 1 t-~"1~ t~l~.,'_!_--~ 7 T V~11: F~ v 1 ti Ct'et,-' 1:' ~ v~ ~ ~r -~-y-7-e - . 3 ~ s~9~t~~ ----x---~~~u¢-~~~i~~..!4~~._._~:r~~ce Fleisc:'r,er Additions to, red~ttio~s w exchanges of, or substitutions fo~ the Collateral, payments on account of this loan or irxreases of !hs ~ ssme, or other loans made partiatly or wholly upon the Collateral, may from time ro time be made without aifeciiny the provisions ~ of this note. Bank shstl exercise reason~ble care in the custody snd preservation of tF?e Collateral to the extent required by applicsbk ' statute. a~d shall be deemed to have exercised reasonsbie care if it takes such action for thal purpose as Maker shall reaso~sbly roquest ~ j in writirt9, but no omiuion to do any act not requested by Maker shall be deemed a failuro to exercise reasonaWe care, and no omis- ~ san to comply with any request of Maker shall of itself be deemed a failure to exerciu reasonable care. Bank shsll not be bo~rld to y 'I fake any steps necessery to preurve any r~ghts in the Collateral ayainst prior parties and Maker shall -take all nsoessary steps for such ~ ~ putposes. Bank w its nominee need not coliect interest on or principal of any Collateral or give any r?otice with respect fo it. ' If the Collateral shall at any time become unsatisfactory to Bank, Maker shall within one day sfter demand p{edys and deposit ~ i with 8ank as part of the Colleterat additiorsal property which is satisfactory to Bank. ~ j ~ If Baok decros itself insecure, or upan the happen~ng of any of the following events, each of which shall constitute a defauh he~a ~ under, all liabilities of each Maker to Ba~k shall thereupon or thereafter, at the oplion of Bank, without notice or demand, become due ~ a~d payabie: (a) the fai(~re of any Obligor (which term shall mean and include each Maker, endwser, surety, and 9uarantor of this ~ note) to pe~form any agreement hereunder, to pay interest hereon within ten dsys after it is due, w if tlxre be no dtie date, aher it ; i is billed or otherwise requested w demanded, to pay any other liability whatsoever to Bank when due; (b) the death of any Obli~; : (c) the filiny of any petition under the 8ank~uptcy Act, or any similar fede.al or state statute, by or against any Obliyor; an app ica- ; ~ tion for the sppointment of a receiver for, the making ot age neral assignment fw the benefit of aed~to?s 6y, or the insolvency of any Obligor; (e) the entry of a i~+dc~ement against any Obligor; (f) rhe issuiny of any anachment or yarnishment, w the filinp of any lien, ~ aQainst sny property of any Obligor; (g) the taking of possession of any substantiat part of the property of any Obligor at the instance ~ of a~ry/ governmentel authority; (h) the dissolutio~, merger, consolidarion, or .eorganizatio~ of any Obligw; (i) the assiynmenf by any ~ Maker of sny equity in any of the Collateral withovt the written consent of the Bank. Each Obligor hereby waives a~y requirement of ~ ~ nbtice or demand reflecting svch acceleration insofar as such reguirement be in addition to the mere exercise of eny ~emedy efforded in this Note or tl+e institutio~ of suit by the then holder. Bank shsll have, but shall not be limited to, the following riahts, each of which may be exercised at 'sny time whether w not this ~ rate is dve: (i) to pledye or tronsfer this note and the Collateral and Bank shall thereupon be relieved of all duties and responsibilities hereunckr and relieved from any and all liabelity with respea to any Collateral so pledged or transferred, and any pled9ee or trans- + feree shatl fo~ all p~rposes stand in the place of Bank hereunder and have all the rights of Bank hereunder; (i7 to trsnsfer the whole ~ w any part of the Collate~al into the name of itself or ih ~ominee; (iii} to vote the Collateral; (iv) to notify the Obligus of srry Col- ~ ~ lateral to mske payment to Bank of any amounts due or to become due thereon; (v) to demand, sue for, collect, or make a~y compro- ~ mise or settlement it deems desirable with refer~nce W 1he.Collateral; and (vi) to take control of any proceeds of Collateral_ g Bank is hereby given a lien vpon and a'secwity interrst in all property of ea~h Obtigo? now or at any time hereafter in the pos- ~ 8 seuion of Bank in sny capacity whatsoever, including but not limited to any balance w share of any deposit, trust, ota~e ncy atto~nt, ~ as the seturity for the payme~t of this note, and s similar lien upon and security interest in all such property of each Maker as securi~ ~ fw the payment of all other liabilities of each Maker to Bank (inciuding I+abifities of each Maker and any other person); and 8ank shs I ~ have the ssme rights as to such property as it has with respecl to the Collateral. ~ If Bank deems itself insecure or upw~ the occurrence of any defautt hereunder Bank shall have the foreclosure and other remedies ~ of a secured party under the ljnifwm Commercial Code, or other applicable law and, withovt limiting the generality of the foreqoiny, : ' Bank shall have the right, immediately and witK'dvFfurther sttion by it, to set off against this rtote all money owed by Benk in any ca- pacity to each or any Msker; and if such set o1f~s~aH occur, Bank shall be deemed to have exercised such right of set off and to hsve ~ t made a charge sqainst any s~ch money immediately upon the occurrerxe of such default even though s~ch charge is made w entered t on the books of Bank svbsequent thereto Unless tne Collateral is perishsble or threatens to decline speedily in val~e w is of s type ; ~ customarily sold on a recognized market, Bank will yive Maker reasonable notice of the time and plsce of ar?y p~blic sale thereof a of ~ ~ the time efter which any private sale or any o?her intended disposition the~eof is to be msde. The requirement of rcasonaWe notice shell ~ be met if. such notice is mailed, postage prepaid, ro sny Maker et the address given below or at any other address shown on the rec- ~ ords of the Bank, at least five days be~ore the time of the sale or dispos~tion. Upon disposition of any Colleteral sfier the ou~rrerxe ~ of any default hereunder, Maker shall be and remain liable for any deficiency; and Bank shall account to Maker for any surplus, but ~ Bank shall have the right to apply sll or any part of s~ch surpl~s (or to hoid the same as a reserve aysinst) ~ny and all other lisbilities ~ of each or any Maker to Bank. ~ No delay or omiss~on on the ps~t oi Bank in exercisin9 any right hereunder shall operate as a waiver of such right w of any other ~ right under this note. Preuntment, demand, protest, notice of d~shono~, and extension of time without notice sre hereby waived by ~ each and every Obligor. The Obligors, iointly and uveralty, promise ar?d agree to pay aU costs of collectio~ aod reasonable attorneys' ~ fees (nor less than 10% of ~he p.inapal sum) incurred or paid by Ba~k in enfwcing this note upon the occurrence of any defe~lt. ~ Any notice to Maker shall be sufficientty served for all purposes if left upon or placed in the msil, pos{aq~ prepaid, addressed to ths ~ premises at the address shown below or any other address shown on Bank's recwds. Wherever this note is executed by a co-maker or endorser who is the wife of a maker w endo~ser, the said wife does hereby ex- ~ pressly ~cknowlsd9e the withln debt ss her joiM and individual debt. j Each of Msker acknowledges receipt of a completed copy of this N~ on the above dat~ f. r ~ 62St? ~tti 4~`at:Ys f.",, , . ~%i : - ~ Addreu: - = ,~---'--L----°---=--`~---....__._ ( 4 7 yt i•~i - - - - - \';y3~.~ FT. ~.~1 ~ 'y ,:r ~.-"~--F a--~-~~,~`--t_~~. 5~+ , ~ ; ~ - , . : ~r ~ C ~ w ~ ' ~ ~ cr ~ - ~ ' . ~ PAGE-----~~... 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