HomeMy WebLinkAbout0288 ~ NIq~tY~~u~
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lwn Ttrms:
Not~ No. D.t~d: ~"A f Z ~ '
~ 19 ~~L 1 ~
Proceedi f .......s_..:..:..~.-••••..._.
• FINANCE i `~~:G.'~'..2__...
__--•---•---------------`'1-xtY---l'~?~.1..~~~~nt:~5...-•---...._.._.___......_.......------~--------~--- CHARGE
aiter date the unders~gned, hereinatter called Maker, ~ointly and seve~ally Doc~menfary
prom~se(s) for value ~eceived to pay to the order of the Bank, at its oifite S~•mps
as iisted above the sum of (total of payments)--•-•-••--••---.....---•-•-------••-.---•••--•--- Credit life (or life
i,•;, ~•~-.~~~.:•n~ f~„r ~:un~iroci tv.P(1tv-t:•r-~ anr! :'rl/l~0- - ~Disebilify)Ins.i
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- Do~lus Other (itemize)
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with interesf theraon et fhe rote of __.....:.:...1 ~_....96 per a~~um, all
psyable in
~
-----;ZO.-•--• morohly ins~allments of s_. . exh on ~hs ;_:6 ~n . d.r of
each successive monlh tommenci ...3_ ~1 ~/b, ~ i ~
np on Y.. s...... . 19.. . opether with ~OUNT
~ BAIIOON PAYMENT OF s--•----°.AJti6~-- - - - • 19 . . FINANCEO
t ....-1.,:'lDD.'~J'
A fine computed at the rsle of s.05 per 51.00 on each instat!ment in default for ~~raiely coltxted
s period in excess of 10 days may be charged the Maker. No such (inc sl~all cxcced ~har t~t ~
=5.00. Meker Is requi~ed to pay all costs of cotlcc~ion, includinti a rcasonablo et~o~- Oe emi:e) _
noy's fee if re(erred (or coUoction or Iepel proceedi~s. All ~ ~ -
pavme~ts, wl~ethcr prin- .
tfpal, i~terest or olherwiso, not ?sccived when due sha~l baar interest at 1096 per i.. . `
annum from due date unti~ paid. All peyme~ts mado I~craunde. sl~all I~o credited ANNUAL PERCENTAGE RATE 10 ~ X,
11rU Io inlnro~l, Ihon lo Inw(ul charnos Ihon eccruod, nnd laal to prinrip.~l.
II Il~e liwn ii ~wn~mld i~ tull, er~.+ln~nlnd ~N ~nlinn~K...l, tl~ Mn~~•~ ahnll es of IIM dete cil such evunl iaeive such rolurxl ol Ilie un-
esrneel portion of Il~e ue~lil lile Insura~~ce prmnium a~wl linance cha~ye end such oli~er crecld ss msy be requi~ed by Isw p es rt?~y be
~ecesssry to svold usury, provicled Iha1 ~i~e Holde~ may retain a minimum (inence charge o/ ;25.00, whe~her a not othe~wise esrned,
and except in the cese of a ~efinancing, no finance charye w premium reiund shsll be msde if it ~mounts 10 less than =1.00. Rete~tion
of any minimum tinarxa shall be in addition to service cha+ge if eny. Any languaga elsewhere he?ein to the tontr~ry notwithslandinq,
neither Bank nor eny holdor hersof shalt raceive or retain any charge or inrerast not allowed by Iaw.
As security for the payme~t of this note Maker has ptedped or deposited with 8ar.k the followinq property: ..A..o.07ug,,;--vndivided
inte•r~•s~ in...iJitTi.E r:L::: C,:,~1?~,~;Ic.It;...~ 1, rec.:rded in G. :s,.c•x ",C: rac~e 2931...U~1i~ ~leeks
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27 "s9 :n ;;~n~~~.~ini~:~~ ~-20~ ,1,•;:. ~-10...as described in said r~~rtgage.
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(irxludinq ell cesh, stock end athe? dividends and ail rights to subscribe for securities incident fo, declared w gra~ted in connection wilh
such prc~erty), which property, together wi~h all additions and substitutions he~eefter pledged or deposited with Bank is called the tol-
lataral. The Coilate~al is atso pledged as security fw atl other liabitit~es to Bank, (primary, secondary, direct, contingent, sole, ]oint a
several), due or to becam due or wh~ch may be nereafrer contracted or acquired, of each AAaker {a of each Maker and any other per-
son). The s~rrender of this note, upon payment o~ otnerw~se, shall not affed the ?i9ht of Bank Io retain the Collater~l fw s~ch other
liabilities.
CREDIT LIFE ANO CREDIT LIFE 3 DISABIIITY INSURANCE ARE VOLUWTARY AND NOT REQUIREO FOR CREOIT. Suth insurants
coverafle is svailabte at the cost des~ynated below for the tgrm of ~he credir: (a) fw Credit life In-
surana (b) S.---•--•-----------_-••-_--_-----------•-----_-----_---•---..__._._ for Credit life d. ~isebility Insuronce: . .
Check ! ~ • ~
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Appl. ~Credit life Insurance i: desired or~ the lifs of ~._.C_1_{_c_~~/,~C__r_Z~~.._j~~~L~/~l~f~_~~~ L~~
Box ~ ~
.
' B~rtnciate .~__.1~1~ G~_____r __~~__~~1~^~
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? Credit life d. Disability Insurancs is desired on
Di?Ihdnte . "
Credit Li(s er?d/or Dl~sblllty Insurence 1• not ciesired. _ . _ _ - -
~ats: ~ipal.l.. LJ-~--_I~~U-----•- Siyneturo ' -~-~-~_,-.L.. ' :i~n i•~erritt
r c 3,/='-- -rt--° ~ ~ - ~
X " ~ Rosetta ~•;erritt
, Sipnaturo -----~t_71~:_.~Ll//_ _..1! --~--.~__Ll
~ Additions to, red~ctions w exchanges of, or substitut ons fo~ the Collateral, payments or+ accovnt of th~s loan or increeses of the
~ snmc, or othcr ioans mede parlislly or wholly upon the Co11a1crai, may from timo to tirtu~ be made wilhout a((ccting tho provisions
~ of N~ie nofe. Onnk shnl) oxercico r~nsonahlo cnre in Ihn tuttrxly nnrl ~.n••.~•rvnlion ~l tlro Collet~rel lo tlm extcnt roquirod by epplicnble
I sfelute, end shelt be deemed to heve r,xorcised reesonab;o care ~i ~t takes such eclio~ (or thet puipoie ss Meker shall reasonebly requesf
in wrifing, but no omissio~ to do any act not requested by Maker shall be deemed a failure to exercise reesonsble cere, end no omis-
~ sion to comply with any ~equest of Maker shall of itself be deemed a failure to exercise reasonable care. Bank shell not be beund to
take any steps necessary to preserve any rights in the Collateral against prior parties and Meker shsl! take all necessary steps for s~ch
f purposes. Bank o? its nominee need not collect interest on or principal of. any Collateral or give any notice with ~especf to it.
; If the Collareral shall at any time become ~nsatis(actory to Bank, Make~ shall within one day after demand pledfle and deposit
~ wi?h Bank as part of the Coltateral additional p.operty which is satisfactory to Bank.
If Bank deems itself insecure, or upon the happening of any of the following events, each of which shall constitute a default here-
; under, all liebiiities of each Maker to Bank shali thereupon or therea/~er, at the option of Benk, without notice w demand, become due
€ and payable: (a) the fail~?e of any Obligor (which term shall mean and include eech Maker, endorser, surety, and g~ara~tor of this
~ note) to perform any agreement hereunder, to pay interest hereo~ wethin ten days after it is d~e, o~ if the~e be ne due date, after it
is b~lled or otherwise requested or demanded, to pay any other liabiliry whatscever to Ba~k when due; (b) the death of eny Qbligw;
~ (c) fhe filing of any petifia+ vnder the 8ankruptcy Act, o~ any similar federal or sfate statute, by w againsr any Obligor; an spplica-
r tion for Ihe appointment of e receiver for, the making of a general assignment for the benefif of aed~tors by, o~ the insolvency of any
' Obligor; (e) the entry of a judgemeM aga~~st any Obligor; (fl tne iss~~~g of any attachment or garnishment, or ?he filing of any lie~,
~ against any prope~ty of any Obligor; (g) the taking of possession of any substantiel part of the property of eny Obligor at the instance
~ of any governmental authority; (h) the dissolution, merger, consolidation, or rewganization of any Obligor; (i) the assipnment by any
~ Maker of any equity in any of the Cotleteral wirhout the written consent of ths Benk. Each Obligor hereby waives eny requirement of
~ notice or demand reflecting such scceleretion insofer as :uch requirement be in addition to the mere exsrciss of sny ~emedy affarded in
this Note w the institution of suit by the then hoider.
~ 8a~k shall have, but shall not be limited to, the following riohts, each of which may be exercised at any time whether a nor this
~ note is due: (i) to pledge w transfer this note and the Coltateral and Bank shall therevpon be relieved of all duties and rtfpa+sibiiities
hereundcr end relicved from any anti all liability wilh respect ro any Colfate.al so pledged or tronsferred, end any pledgee or trans-
~ fcreo shell for ell purposes ~land in tha plece of Bank hereundcr and have atl the rights of Bank hereunder, (ii) to trens(er the whole
or eny part of the Collaterat into the name of itself or its nominee; (~ii) to vote the Colfateral; (iv) to notify the Obligws of sny Col-
leterel to make peyment to Bank of any amounts due or to become due thereon; (v) to demand, sve fw, cotlect, or meke any canpra
~ mise or settlement it deems desirable with refererxe to the Collateral; end (vi) to teke control of sny proceeds of Coilatersl.
Pnnk is h~~~hy piven e linn upon e~c1 n securlty into~n~t in nl{ ~irnpr~ly encti Oblipor now o~ et eny limn hornnhor in 1hn nne-
= ~naai~~~~ 01 I~.~nA h~ nny ~~~w~lly WI~nls~~nVnf, i~pln~~inV hul n•N ~itniln~l In nny ~~~Inn~n n~ ~hmn r~( nny ~~n~r~til, tnlal, nr n~nta/ ~r••.~n~l
r' u~ Iha a,+~~4~1y h•~ Ilro ~~n~inal~l nl 11~1~ Uuln, n~~~l n~Iln~~m Iln~~ u~w.~~ nn.l +.~.urll/ Ildn~nN Ih nll ~~rl~ nu~.eil/ ..1 «n•li //ln~ni n! ?.,•~ull/
~ lur Ih~• peyn~oN ~d nll ~d~~~+~ Iie1~~INi~~+ ~d amh Mnlo~ In Hnnk (n~•lu.ln~~~ linl~tl~l~~•~ nl nn~h MnLn~ wn~~ en/ ~dl~»~ ~M~f~~Nl)~ AIMI I1M~~ thell
r hevo thc simc rK~hl? na lo uxh pro~arrly aa il hn? wHh m~~xKt M Ihr ('nllntnrnl.
If Rank d~~rna its~~~ intn~~u~n of u(xN~ Il~n ~k-~Urrrnrn ol nny ~InIau11 (~n~nu~w~nl Rnt~L ~I~nll hnvn Ih~ (~nn.lnaua nn.l r.li.n[ f~+m~•li~t
~ nf n Srcuirtd {~orty und.•~ tlu. Ilni(o~m Ci~mrn.n~lnf ('.¦Ir., ..r .dLrr n~~~.{i~.iLl.. Inw n~+~t, witla~ul Ifn~Uii~.~ IL.• ~~.•r~«rnlUy •.I Ifw, L.r.,•~..~~.•1.
Bank shell have thc ritJhl. ~m~nodintaly m+d will~nul (ui~hor eihun Ly A, tu sh~ ull nUnu~~~ tl~is nuln nll in„~i~/ ..wM•l i~y Ii~~r~ ~n nii~ ~n
pacity to each or eny Maker; and i( s~ch set off shail occur, Bank shall be deemed to havo exnrcised suth riyhl of sel of( and ro hnve
mede e charge against eny svch money immediately upon ~he occv~rence of such de(+~ulr even thouyh such rherqo is moJe or ~ro~rM1
' o~ Iho books oI flank svbs~qucM thereto. Unloss liie Co~lnleral is ~.nr~:hahle or IhroiMns to ~1.KIin~ t~~n~lily in vil~~n rn it ni n fy~
~ eutitmm~rily ~nlrl on e rceeNpilind mnrket, Rnnk wiU pivn Mo~~•~ r~o•.nt~nl.l~ nnlirn of Ilrn time mNl ~~Inrn t+l eny ~~u1rUe snfe~ thm~•~d ur .d
the wne n(lar which eny prnnte sele or eny other inlenJe~1 (IIS~X~LIiOfI tlir~rul IS ~O be mnde. lhe ~oquircincnl o( ren~onnlde noliro eliell
; be met if such notice is mailed, poslec~e prepa~d, to eny Maker et fhe address yiven below or et e~y other eddress shown on Ihe rec-
ords of the Bank, at least five days before the time of the sate w dispos~tion. Upon disposition of any Collaterol efter the acurrence
` of any defeull hereunder, Maker shall be and .emain liable for any deficiency; snd Bank shall account to Maker fo~ any surplus, but
4 Bank s~,all have the right to epply sll w e~y pert of such surplus (or to hotd Ihe seme as a reserve syainst) eny end ell other liebili~ies
4 0( eech or eny Mnkor to Denk.
4 No .I~ley or omi~~ion on Ihc pnrt oF Rnnk ~n exrtrciainq nny riqht harcundn~ tihnll opo~eln es n welvor of s~?ch riqht or of eny ottMr
' riqhf un•ler thi~ nriln Pr~ann~nn•nl. ~lan±en~l. {nninaf, ~~r~ti.n ~Iitlvn~r.r, ~n•I PrIP11Vf)fl r.! Ilmr wllhr~~11 nnti~• wro hars~l,y w~iv~.) I.y
a~.l~ an•l ovw~ rl~.ll.~..r (I•o ~~I.litr.~• ~r.inU~ wn•~ •e•:v.wl{: 1•....~1... a.~•1 w~.Ir.o ~.w~ •Il...~h r..llt~•IG.~~ wlr•~ rea~••nnl.le •1b..~~e.e'
~ '
!ou• 1•~••1 lu~• Il~e.~ 1~~'~ ..f Il.e t..Ir..l~.ol •~~~~~1 in.w~wl ~.~{.1 p-u~L lu n~~f..~.luJ 11.1• n..l~ u~...~~ Ihe ~w.u11o~..e ..f .le(eull
- A~~y n~d~~e Io Me*ur ~I~~II Le auf/~.~uu~~y aurvn.l tot el~ ~.u~~n.anf rt lel~ u~,.~u ~~i~.ed m U~u iuul, ~K~tta{~e p~eMid, ~d~lie~tud h. tl~u
prem~ses at t+ie address show~ below w any orher address shown on Bank's records.
Wherever ~his note is exec~ted by ~ co-maker or endorser who is the wife of a maker or endors~r, IM seid wif~ doss hereby ~z-
~ pressiy ecknowledQe the with~~ debt as her joint a~d individwl debt.
~ Exh of Maker xknowledpes rec~ipt of • completed copy of this Note on the ~bove d~rs.
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