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Home My WebLink About0276 • ~ ~ s ~,Z :i a ch ~ a :uc INSTAtLMENT NOTE ~ BANK NAME j' I~YI~ ~lI~~~Y~ :;o~rcial Str~ut, .Ia~~aan Sea~h. 1~L 33~57 ~ ~ 81 _ ~t ~t ' _ Dw: _ 19 : ~ LOCATION i J u no 2 7 7 6 loan T~rmi: . ~ Not~ No. _ D~hd: . 19 Pr«oad~ i......_.4302.()t)...-- 31:tty (6Q) :torrf:i~8 NNANCE i .----••--~~$~2-r6$•--- ~ CHARGE - atte~ date the undersigned, hereinafter called Maker, jointly and severally Docume~tary •~_.__..___M~._. • p~omise(s) for value received to pay to the orde~ oi the Bank, at its oifice Stamps as listed above the sum of (tota~ of payments).._ _ Credit lifs (or life ~'ive tho~isaud fouY hundYed sighty f~ur b Disability) Ins.i e?nd 63T1~~~----==----~---==~:==_---~~=~=-==-~~~`-~-' pollan ~her (itemizs) - with interost the?so~ at the rate of _Z~•00.-• -..96 psr snnum, 1 ~ payable in 1~ _ .~Q____... moethly insqllments of s_.___y. .r.4.~._.. esch on tM dsy, of . 1 i - e~ch suocessive month commentinq on L1..~ j-{~;t... 19_~.~ • toqethtr with ~ BAILOON PAYMENT OF .130i13~•---------., ~ 19 ANAOUNT 43~2 . t~ FINANCED i A fin~ computed at the rate of =.OS per 51.00 on each instal!ment in dsfautt fw ~~,etely collected epe riod in exctss of 10 days msy be ch~r9ed the Maker. No such fine shatl exceed. ~~~~s (itemize) jS.00. MskN is required to pay all costs of collecrion, includinp a?easw~able attor- payments, whether prin- nty's 1~e if rofarred for collcctioo w leqsl proceedings. All tlpal, inlerest or otherwise. nol reteived when d~e shall bear i~terest st 10% Pe? annum from dus date until peid. All payments made hereunder shall be c~edited ANNUAL PERCENTAGE RATE jQ._ fint ro interesf, then to lawful charqes then accrued, and last to p.incipal. If the loan is prepaid in full, aaelerated or refinanced, the Maker shall as of the dete of such event receive such ~efund of tF~e un- eatned portion of the credit lif~ insurance premium artd finante charge and such other credit ar may be required Dy Isw or as m~y b~ . nacessary to svad usury, provided that the Holder msy retain a minimum iinance charye of 525.00, whether or not otherwise earnatl, a~d except in ths case of a refina~:ci~q, no finance charqe or premium refund shatl be made if it amounts to leu tha~ 51.00. Rettntion of ~~r minimum finance shall be in addition to service charpe if any. Ar?r° languaye elsewhere he~ein to tM cont~ary notwifhstandirq, osither Bank nor any holder hereof shall reteive or retain any tharfle w~nterest npt stlowed by law. As security for the payment of this note Meke~ hss pledfled w deposited with Bank tha tollowin~ property:A._0.4769X undividtd P [hnit W~~s__1cs~ ~aa ius~sa~i~...Turtl.~_.Se€~._~~~__.1,_..~~ssQts3~s~_.~Ut~~.__Book_ 2~U,_- a-ge--2931~•-_-------~~.~ . ~ ~ T`~: , . in_~a~.~_._i~-1,2,~--~31_L~._ _ Nd.,..~--15._,aa...deecribad_.in._aeid..ma?~a~(e~__.~~ (intludinp all cash, stotk and other dividends and all rights to subscri~e for securities incident to, declared or pranted in connection with such propertY), which property, toge~her with ali additions and substitutions hereafter pledged or deposited with Bank is called the Col- latsral. The Coflateral is also pledyed ss security for all other IiabilitSes to Bank, (p?imary, secondary, direct, continyent, sole, joint or seversl), due or to become due or which may be hereafter contracted w acauired, of eath Maker (or of each Maker and any other per- son)_ The s~rrender of this note, upon payment or otherwise, shall not affect the right of Bank to retain the Collateral fo? such otMr liabilities. ~ s ~ , CREDIT UFE AND CREDIT UFE 3 DISABIUTY~INSURANCE ARE VOWNTARY AND NOT RE(iUIRfD FOR'~CREOIf. Sucfi" inwranos coverage is available at the coat designated below for the term of the credit: (a) for Credit life In- surance (b) S--------------- . for Gredit life d. Disab~lity tnwrance: ~ ? Credit life Insurance is desired on the life of t Box ~ - Birthdate - - ~ ? Credit life 3 Oisability Insuronce is desired on : , Birthdete - + - - - ~j Credit Life and/or Disability Insurante is not~si?ed. _ ~ ' ~ jta2 h Penn Date: ~1.~.ZLZ~ - ~Qnaturo P . ~ ~^y, J _ ' Faticfcia Fnnn~? Sipnaturo ~.us~~ ------T----`-r------ Additions to, reductions w excha~ges of, w substitutrons for the Collateral, payments on aaount of this loan a inueasss of ths ume, or other Iwns made partially or wholly upon the Collaterai, may from time to time be made without affettiny the provisions of this note. Bank shall ezercise reasonabte care in the custody and preservation of the CQllaterol to the extent req~ired by applicabb statute, and shall be deemed to have exercised reasonable cere if it takes such sction far thet purpose as Maker shsll reasonably request I in writinq, but r?o omiuia+ ro do any act not requested by Maker shall be deemed a failure to exercise reasonable care, and no omis- ?o ~ sion to comply wNh any request of Nlaker shall of itself be deemed a failure to exercise reasonable care. Bank shall rwt be, bour~ ~to t~ke any steps neCesssry to preserve any r~ghts in the Collateral against priw parties and Maker shall take all necessary "steps fp stxh purposei. Bsnk or its nominee need r~ot cotlect interest on or prirxipa) of sny Cpllateral or give any notite wifh respetf fo it. ~ If the Collateral shall at any time become unsatisfactory to Bank, Maker shall within one day after demand pled9e a~d deposit with Bank as paA of the Collateral additional property which is satisfactory eo Bank. If Bank deems itself insecure, w upon the happening of any of the following events, each of which shall constitvte a defsuh, he~e- ~ under, ell liabilities of each Maker to Bank shatl thereupon or therealter, at the option of Bank, without notice o? demand, becorn~ due and payable: (a) the fail~re of any Obligor (which term shall mean and include each Maker, endorser, surety, ared yuarantw of this ; note) to pe?(orm any sgreement hereunder, to pay in*erest hereo~ within ten days after it is due, or if there be no due date, sfter it _ 'r is billed or otherwise reqvested or demanded, to pay any other fiability whatsoever to Bank when due; (b) the dcath of any Oblipor s (c) the filiny of any petition under the Bankruptcy Act, or any similar federal or state statute, by w ayainst any Obliyw; an applita- ~ tion for the appointment of a reteiver for, the making of age nerat assignment for the benefit of aeddors by, w the insolvency of amr ~ Obligw; (e) the entry of a iudgement against any Obligor; (f)j the issuin9 of any attachment or garnishment, or the filiny of any lien, ~ ayainst any property of any Obligw; (g) the taking of possession of any substamial paN of the property of sny Obliyor af ihe insfance of any yovernmental e~thority; (h) the dissolution, inerger, cw+solidation, or reorganization of any Obligcx: f) the su~~nment by any AAsker of any equiy in any of t~~e Collateral without the writte~ consent of the Bank. Eath Obligor hereby waives any requirement of ~ nofioe w demsnd refleding such acceleratio~ insofar as such requirement 6e in additio~ to the mere exercise of ar?y remedy afforded in ~ this Note or the institution of st?it by the then holder. ~ Bank shall have, but shall not be limited to, the following riohts, each of which may be exercised at any time whethe~ o? not this note is due: G) to pledge o~ transfer this note a??d the ~ollateral and Bank shall thereupon be relieved of sll duties and responsibilities hereunder and relieved from any and all liabil~ry with respect to any Collateral so pfeclqed or transferied, and any pladgee or trans- feree shall fw all purposes stand in the place of 8ank hereunder and have all the rights of Bank hereunder; (ii) to transfer the whole or any part of the Collatera! into the name of if3llf, dr ifs nominee; (iii) to vote the Collateral; (iv) to notify the Obligors of any Cd- ~ Isteral to make psyme~t to Bank of any amounis•due w to become due thereon; (v) to demand, sue for, cdkct, or make a~y compro- mise or settlement it decros desirable with reference to the Collateral; and (vi) to take control of sny proceeds of Collatersl. ~ ~ 8ank is hereby given s lien ~pon and a secur~ty interest in all property of each Obligor now w at any time heraaNer in the pos- ~ session of Bank in any capxiry whatsoever, including but nor iimised to any balance w share of any deposit, trust, or aqency aaou~t, as the security for the payment of this note, and a similar iien upon and,securiy interest in atl such property oi each AAaker ss securi~ ' ~ for the payment of all other liabilities of each Maker to Bank (including liabilities of each AAaker and any other person); snd ~Bank sha 1 ~ ~ have the same rights as t~-suth pcoperty as it has with respect to the Collateral. _ ~ ~ If Bank deems itself ~nseciire or ~pon the occurrence of any default herevneier Bank shall have the foreclosure and other remedies ? s of a sec~red party undcr the Unifwm Commercial Code, or other applicable law snd, witho~t limiting the gerurality of the foreyoinp, ~ Bank shall have the right, immediately and without furthe~ action by it, to set off against this note all money owed by Bank in sny ca- ~ pacity to each or any Maker; and if s~ch set off shail occur, Bank shall be deemed to have exerc~sed such right of set off and to havs ~ msde a charge against any such money immediately upon the occurrence of such default even though svch charqe is made or entered ~ on the books of Bank svbsequent rhereto. Unless tlx Collbteral is perishable or threatens to decline speedily in value w is of a type ~ ~ customarily sold on a recoynized market, Bank will give Maker reasonable ~otice of the time and place of any public sale thereof w of j the time after which any p~ivate sale or any other intended disposition thereof is to be made. The requirement of reasonable notice shall a ~ be met if such notice is mailed, pos~age prepaid, to any Maker at the address given below or at sny othe~ address shown on ths rec- ~ ~ ords of the Bank, at least five days beEOre the time of the sale w disposition. Upon d~sposition of any Collateral after the occurrence - of any default he.eunder, Maker shall be and .emain liable for any deficiency; and Bank shall xcount to Maker fw any surplus, but ~ ~ Bsnk shall hsve the right to apply all or any part of such surplus (or to hold the same as a reserve syainst) any and sll other liabilities ' ; of esch or eny Maker to Bank. ~ - No delay or omissio~ on the part of Bank in exercising arty right here~nder shall operate ss a waiver of such riyht o? of any other ~ right under this note. Presentment, demand, protest, notice of dishonor, and extension of time wirhout notice are hereby waived by ; ~ each and every Obliyor. The Obligors, jointfy a~d seve?ally, promise and agree to pay ell costs of collection and reasonaWe attorn~ys' -t ~ fees (not !eu than 10% of the prirx~pal sum) incurred or paid by Bank in enforcinq this note upon the xcurrenc~ of any defsult. ; ~ Any notice to Maker shall be sufficiently served fw a~l purposes if kh upon or placed in the mail, postaqe prepaid, addressad to the ~ ~ premises at the address shown below or any other sddreu shown on Bank's records. t ~ Wherever this note ~s executed by s co-maker w endoner who is the wife of a maker or endaser, the said wiFe dxs heroby ez- ~ ~ pressly acknowledpe the within debt as her joint and individval debt. ~ E+ch of Maker xknowled9es roceipt of a comQleted copy of tha No1l~i r? the above date. , i. ~ ~ Addross: _8_l ~di~?GII-- I?cs:~Il~ilZ.-~ - - -L_.' - ~ -----~~-*"~~~'u= (Su4 ~ I?al~~ , 1 ~ ~ ;.a~~' a ~:F, Fi. ~3 ~~J"s , _ - , A ~ " QP ~`t--- t~~ ~~-`--y=- tS~~R ~ . - ~ ---~r~r -P(t~- x'atri.cia P:~rtn ~ Fas >>o z ~e - ~ _ . s ~ _ _ . _ i ~ ~ ~r~, ~.v - ~ ~ - ~ ~ ~ ~