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Home My WebLink About0294 .;.~:_~~n ~e,:c~c ~:a:~~: . INSTAItMENT NOTE BANK NAM ~~V~ a~ ~h~_ 4G C:~:i~er_:i~l :.~t., ~an:;en 5aac~,, FL ~ 19 81 s 5,2~?7~:8~ - Dv~: l~ ~ LOCATION ; 1 ~ Na. No. ~ahd: s~ u118 toan T.n+u: 4.. 2 2.^ J ~ ; ~ . 19 vr«..ds i --......_.i_...--~ ~ EE i _._..1-~-~..~i+3-Q- ~_.___._.~X ~ ~onth s--~--------- after date the undersigned, hereinafte~ called Make~, jointly and severally Oocw~+enary promise(s) for value received to pay to the order oi the Bank, at its o~fice Samps ~s listed above the sum of `tota~ of aym~nts)_ j._ _ Credit Lih (or lih. . IV~ THUUSP.ivL TWO KUgvllR~.D ~'~FTY-~OUR~ ~vD----- - a,~~sab+i~ti~i~:.s r~ _r_1.__________________------- O~lUfl..~...~~...~~~~~~.~~~..~~~~.......~~.M~...V.... Q~~1M~I~MIIZO~ ~ - __._____M.__.._.~......~^------°•-°-•'---.._~.-----°~------------°-•----- DO~~af3 ~ yable in ~ with int~nit tMroon at th~ ~ab of _~fl. t d Q. ._..9f. per ennum ~II eath on tM ~ day of _fiIl_------ mo~thly installms~ts of i._..~ ..~J. f s a c h sua~uive mon t h canm~rxinq on . 1 9_...~_ top~ t M. w~ t h a BAUOON PAYMENT OF i-----Lil:kE-•------°--- 19 AMOUNT 4~ i2 2. O~ fINANC~ i A fin~ computed at the rete of =.OS psr =1.00 on each instal!ment i~ default fa ~~~~tety collect~d •pt riod in excess of 10 dsys may be chsrped the Nbker. No such fine shsll exceed ~ry~s (itcmiz~)_ „ sS.00. Mak~r is required to pay sll costa of collection, includiny a reasonable anor- . ~ ne~s fse if referred fw mllectioo w le~al proteedirqs. Ali paYmeros, whether p~in- cipal, interost w Whervviss. not received when due shall bear interest a~ 1096 per i--...-..---•--•-•r-•------- S annum from dus date until paid. All payments made hereunder shall be credited ANNUAL PERCENTA~iE RATE Q_% ~ fint to inhrost, then to lawful charyes then accrued, a~d last to prir+cipal. ~ If ths loan ispr epaid in full, acceterated w refinanced, the Maker shatl as of the date of such wen1 t~osiMS such nfund of the un- earned portioe of ths credit life insuronce premium and iinarxe char9e and such other credit as sn~ay ~6li F~iuirod by law w ~s may b~ ~ nKessary lo avoid usury. provided thal the Holder may retain a minimum finance thar~e o( S2~•00, whtther o~ nof otMrwise tsrMd, and exaspt in the case of a refinsnciny, no financs charqe w premium refund shell be made if it amounts to bu tha~ s1•00. R~tention ~ of ~r?y minimum finante shall be in addition to service char~e if any. Rny languaqe elsewhere htrtin to ths contrary notwifhstandinp, nsither Bank nor any holder hereof shall receive w retain any thsrqe or interest ~t allowed by law. A~• ~ 7 s 9$ As,~ec ity fot the peyrnant of this r~teN1~1~pr hai,pled~ed dep~sited wi Bank ; folbw~ ~e~ty ::~~:a~videcl int8z~est Zr.... jurTle icee_ ~`onQOmin u ...2c~ePdZ'C~e~d~~11--8~:~:"'$~oek . - T------ - ` # _ ~ , paga~~-31-: : : Jni~__~k~eks 33---a.~~-~t---f~~C~n-~t: ~~~a: "~~-~~---~~c~t'~2~ed ~ _ . r - - -----------_....-•------.~_...M__ (intludin~ all cssh, stock and o~her dividends and afl rights to subscribe for securiti~s~ nt to, declared o~ ~rented in connsction wi ~ wchp~ operty), whicl~ property, together with all additio~s and substitutio~s hereafttr w deposited with Bank is ulled the Co1. said Ideral. The Collateral is also pledged ss security for all other tiabili6es to Bank, (primary, secondsry, dired, cor+tinqsnt, sok, joint or sevsrel), due w to br_ome due or which msy be hereafter contracted or acquired, of exh Maker (o. of esch lNaker and any other ~?mortgage~ son). The s~rrender of this note, upon paymcnt or othervv~se, shall not affect the right of Bank to retain the Coll~te.al fw such othsr liabilities. ~ CRE~IT IIFE AND CREDIT LIfE 6 DISABIIITY INSURANCE ARE VOIUNTARY AND NOT REQUIRE~ FOR ~REOIT_ Such insursnos ~ coverape is available at the cost des~gnated below for the term of fhe credit: (a) S._ fo~ Credit Life In- ; - ~ w~anae (b) for Credit life 6 Disability tnsurance: Chsclc • Appl. ? Gedit Life Insurance is desired on the life of ~ Box ~ &~thdate - - ~ p Credit life d~ Disability Insurance is desired on - ~ Bi hdaM - t Credit Life and/or Disability Insurance is not~ ---_~L f- ~ , , y^ ` ° f t~l.iv'~ ~dCGu3071 Dats: ~7 ti..° Ua_ 3 / O Siynature ~ ~ - -Y--_-~~ --•^~~-L -t'' < ' i ~,~~'~`..i.~_:~ L. ~~~~Cat?3ti11 Signeturs - - .f- ~ ~,--__~_.~:_..._u.~__ . ~ ~ Additions to, reductions or exchanges of, or substit~tions /w the Collateral, payments on aaount of this loan a incroases of the ~ same, w other loans msde pa?tially o+ wholly upon the Colfateral, may from time to time be made without affettinp ths provisior?s of this note. Ba~k shall exercise reasonable care in the custody and preservation of the Collateral to the extent req~ired by appliuble statute, and sfiall be dcemed to have exercised resso~ab~e care if it takes such action for that p~rpose as Maker sha~l ressonab{y request in writiny, but no omission fo do any sct not requested by Nlaker shatl be deemed a failure to exe?cise rcasonabk care, snd ra omir ; sion to comply with ~ny request of AAaker shatl of itself be deemed a failure to exercise reasonable caro. 8a~k shall not be bound to ~ take any steps neceuary to preserve any ri~hts in the Collateral aqsinst prior psrties and Maker shall take all ~ecesssry steps for such ~ pu?poses. Bank or its nominse need not co lect interest on or principal of any Collateral or give sny notice with respett to it. ~ ' If the Collateral shall st any time become unsatisfactory to Benk, AAaker shalf within one day after derr?and pledpe and deposit ~ I with Ba~k as part of the Collateral additional property which is satisfactory to Bank. ~ If Bank deems itxlf insecurc, or upon the happening of arry of the following events, each of which shall constituta a defsult here- i vnder, all Iiabilities of eath Maker to Bank shall tnereupon or thereafter, at the option of Bank, withovt notice or demsrxl, bctoms due ~ and payable: (a) the failure of any Obligor (which term shall mean and include each Maker, endorser, surety, snd qusrantor of this rtote) to perform any agreement hereunder, to pay interest hereon within ten days after it is due, or if thero be no due date, after it ~ is billed or otherwise requested or demanded, to pey any other liability whatsoever to Bank when due; (b) the death of sny Obli ~ (c) the filirp of any petition under the Bankruptcy Ad, a any similar federal or state statute, by orag a~nst a~+y Obli9o?; sn a~ ; tion for tha appointment of a receiver for, ihe making of a neral assignment fo. the benefit of uediton by, or the insolvency of srry ~ ~ Obliyor; (e) the entry of a judQement against any Obligor; (~the issuing of any attachment w yarnishment, w the fitiny of arry lisn, syainst any property of any Obligor, (g) the taking of possessio~ of any substantial part of the property of any Obli~or st the instsnte ~ ~ of any yovernmental suthority; (h) the dissolution, merger, coniolidation, or. reorganization of any Obliqor, (y the auiynmeM by aMr , Maker of any equity in any of the Collsteral without the written conunt of the Ba~k. Esch Obligo~ hereby waives any requiremsnt of - ~ notice w demand reflectiny such acceleration insofar as such requirement be in addition to the mere exercise of ar?y romedy affordsd in this Note or the institution o4 suit by the then holder. . ~ 8ank shall have~ but shall not be limited to, the following riahts, each of which may be exercised at any time wheiher a not this note is due: (i) to pledye or transfer tbis note and the Cotlateral and Bank shall thereupon be relieved of al) duties and responsibilities ~ hereunder end relieved from any a~d all (iability with respect to any Collateral so pledged or transferred, s~d sMr pkdgee or trans- feree shall for all purposes stand in the ptece of 6ank he?eundtr and have all tix rights of Bank herevnder; (i~ to transfer the whok ~ or any part of the Collateral into the ~anx of its~lf or its nominee; (iiiy to vote the Collateral; (iv) to notify the Obligors of any Cd- lateral to make payment to Banlc of any emounts due w to become due thereon; (v) to demaid, sue for, colled, p make any canpro- mise or xttkme~t it deema desirable wirh reference to the Collateral; and (v~ to take control of sny proceeds of Collatersl. ~ Bank is hereby yiven a lien upon and a stcurity interest in aIl property of each Obliqor now o~ st sny time hereshe? i~ the por ~ session of Bank in any capacity whetsoever, including but not limited to any balsnce or share of arry dsposit, trvst, ors~e ncy aaouM, ~ as the sec~riy for the payrry~t vf thi} ~ote, and a simila~ lien upoo and security interest i~ all iuchpr operty of each Maker as securrty for the psymeQt,of all othe4. [i~bitifies of each Maker to Bank (includirg Iiabilities of eech Maker and any other person); and Bank sh~ll ~ ~ have the saiqe r~ts as to such p?operty as it hss with respect to ?he Collaterol. ~ ~ If Bank deems itself insecvre w upon the occurrerxe of any defautt hereunder 8ank shall have tF.e foreciowre a~d other remedies ~ of a secured party under the Unifwm Commercial Code, or other applicable Iaw and, witlwut limiting the 9eneraliy of the fweqoinp, j 4 Bank shsH have tht right, immediately and without further action by it, to xt off against this note all nwney owed by Bank in sny ta- ~ y pacity to each or any AAaker; and if such set off shal{ occur, 8ank shall be deemed to hsve exerciud such right of set off and to have , E made a charge against any such money immediately upon the occ~rrcnce of such default even tho~qh such charye is made w entered ! on the books of Bank subseqvent thereto. Unless the Collattral is perishable or threatens to decline speedily in valve or is of s type { ~ customarily sotd on a recognized market, Bank will give AAaker reasonable notice of the time snd place of any p~rblic ssle tMreof o? of ; x , the time efter which eny private sak or any other intended disposition thereof is to be msde. The requirement of ressonable notice shall E be met if svch notice is mailed, postage prepaid, to any Maker at the address given below or at any other address shown on the rea ? ;r ords of the Bank, at teast five days besore the time of the sale or disposition. Upon disposition of arry Collatual aNer the oaurrence ~ ' # of any default hereunder, Maker shaU be and remain liable for any deficiency; ar+d Bank shall accouM to Make~ for any surplvs, but ~ Bank shall have the right to apply all or any part of such surplus (o. to hold the same as a reurve against) sny and all other liabilities ` ~ of esch or any Maker to Bank. . 3 ~ No delay or omiss~on on the part of Bank in exercising any right hereunder shall operate as s waiver of such riyht or of airyr other ~ ~ right under this note. Presentmenr, demand, protest, not~ce of d~shonor, and extensiw? of time without notice are hereby waived by • ~ each ar?d every Obligor. The Obligors, jointly and severally, promise and sflree ro pay sll costs of co:lection and reasonable attorneys ~ fees (not less than i0% of the principal sum) incu?red or paid by- Bank in e~forcing this note ~pon the xc~rrence of sny defaulf. ~ Any notice to Maker shalf be sufficiemly served for all purposes if left upon o~ placed in the mail, postaye prepaid, addressed to the t ~ premises at the address shown below or sny other address shown on Bank's records. ? ~ VYherever this note 6s eaecute~ by a co-maker or endorser who is the wife of a maker or endwser, the said wife dcies hereby ez- { ~ pressly acknowlsdye the w~thin debt as htr joint and indiv~d~al dpbr:, ~ Esch of Maker acknowledges receipt o( a completed copy of.- th~ ~he a~ da~ t ~ ! ~ . , , / F~ E, v J.L V 1'' i1 ~ S'~; • 1 c'...'.r'.l ~ 1~--^~- ~ Address: - t - ~ - - -l - ~~n - ~ I`L :;3~43 :1.~.e~9 s''~--1-~ Cu~s:~n , ; _ , . f ~ ~ p~~.. _ _ ..~...f r~ } _~._.--------f-_'`"'-•------------ t5"q # ~ i~r ` ~~x~ F85 ~7n 2: ;6 i--~ ~ ~At7C :.~a'~~: , • a • ~ - r s _ _ . _ ~ _ . , ; : . ~~u..,._~.,- . , ~