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HomeMy WebLinkAbout0322 v?..:.ilr~ a...'..tt 1•~.~i~ INSiAIIMGNT NOYE ~ II/1NK N/~Mt (Socu~ed ~nd Uns~curud) ~0 c7c~n.acrc3a]~ StxY.~c~, J~r~en t~.vch, r• ~oric~a p,,,~ _-Ma ~j i9 _IIl_ _ S 4 L7 9 5. 8 0_ ~ui:rii~<,rv _ y - - . losn Toun~~ Noh No. D~tod: . 19 7~t_ P~««~~s i.._..3.~.~.~i2..,.Q.O ---•--...._._._St}•'i-Y.--•~GO~_.1!S~C1~l~ FINANCE i ....1 O3t_._._3....~.......80_ CHARGE after date the untlCrsigned, heroinatler Cailed Makor, ~ointly and several~y Docvmeni~ry = prom~se(s) to~ v~lue rece~ved to pay to the order of the Bank. at ~ts ott~ce S~amps ' as tisted above the sum oi (total ot payments) Credit life (o~ life Four thousand seven hundrec and ninety-f ive d. Oisabiliry) Ina.s .Y..~.Q1~4Q-.-,-_--.--,-.-_-.-.------~-.------_--.--.---,-_- pc~t.n Other(it~mise) with inlerosf thoroon e1 Ilw rafo of 10• Q~..... ..._.X por annum, •11 paysblo in S.....-••---_.__~~...... t GQ..... morohly tn~~allmon~s or s...7.9...9! 3.. o~h o~ ~ho .~O th day of each suacssivo monlh commencinp on ~i..~~....~v . iv .7G .~~e~~~~• W~~n AMOUNT 3 762. 00 a BAIIOON PAYMENT OF YlOI1C ~?o d+-".' 19 :r~.~.... fINANCED ~ i A fine computed at tno rate o( SAS per S1.00 on each insial!ment in default (o~ ~~ro~ely collecled w^~~ ~ a period in excess of 10 deys may be therged the Maker. No such (ine shall exceed SS.00. Maker is required to pay all cosls of collec~ion, including a ~easonablo altor- ~h~~~s Gtemii~) noy's tee if referred tor collection w Iegal proceedinps. All paym~nts, wl~other prin• s"~""-"'~-'~ cipal, intcrest w otherwise, not rQCeived when duo shall bca~ inrcresl a~ 109L per i__..... annum trom d~w dato uMil paid. Alt paymen~s made I~err.undcr shalf bo credi~ed ANNUAL PERCENTAGE RATE 1Q . X (irif to i~loro:r, Ihcn to lawful chargos Ihen ~ccrucd, arxl I~a to pr~~+cip,l. 11 tl,o loen is prepeid 1n full~ JtCCICf.IIC~J q/Q(II~A~K~>(I, Ilw Maker shall es of tho dato of such ovonl n-ceive such refund ol Il~e un- osrnod pwlion of Il~e crcdit lifo inw~erxo promium nnd finnnco thnn~o and such olhor crodit as m~y bo roquircd by IAw or as may tw nccosaery to evoid us~ry, providotl Ihat 11w Noldor nwy rclain s mi~~mum hnen~~~ tl~a~rp ol s25.00, wl~etl~o~ p~ nu1 pU~orwisc e.~rncd, ood extept in tia case of e rof~nsntinp, no (inanca ch,xpe or prcmivm refun~l sholl bo meclo i( it emou~b lo fess Ihsn 51-00- ReteMion ol any minimum linonco shall bo in a<kiilion to sorvico ch~rr~o if eny. Any tan~uepo olsewlioro harcln to Ih~ tontr~ry nolwilhstsndinp, nelther Bank ~wr eny hpldor ho~eof shall receive o~ relai~ eny charpo or interesl not ~Ilowed by law. As aecurily (or Iiw peyment of thls noto Mekor has plodgcd a dcposircd wilh 8enk Ihe (ollowf~g propsrty: ~,.._~.._Q7 6Q_._~~~fC inicrc in..:lvrtle It^.eE Corxi. I, rc~cr_~'c~l in O. it. lAOl: 250, I'~ ?.~31....Uni t~.~ka 1' ,~11~~ ? - ('~n~~l. I i ;,t ~ • I h ~~'t ~1~ r ~'il ~c ~1 i~t nnrl-r~.r, ~~.~u„~ 1,~-I~. ~b~~ ~~n~i u1Lu~ ~b•Ulun.l, wiu) .~N ~~.~hH 1~. ~u~~..~dw. I~a •.,.uiql~~~ In.1.1.nU U~. ~I~ulnu~~l n~ ~~~a~d~+~I III CMI/NqI11N1 WIIII •~~,h ~n..~.,~~1Y1. w~d.h ~.~~.~,~~~IY. I~~U~~Ihu~ W~tI~ .~U a.1.111~,~~~~ .ua) •.•d.,J~lulltr~~ h~v.~all.•~ ~~I~~.I~p•.I n~ ~b•~N~fbi•~I w1U~ Il.~~~k 11 (ANP~~ IIN~ CoI- Inuv.d. 11~~~ t nll•d~~~~d 1~ nlu. ~du~111^•1 n~ ~o.~~~~ly lur ~ill ~.11~.~~ la~h~lui~•+ tn H.u~1, Il~~lm.uy. a~•~~N~tl.~ry, du~~l, ~niNi~N~onl, SoM, Mint M ~~~vn~nl), ~lun lu Iwn~unu ~lun ul Wl~l~h ro~~y Iw~ hoa•~~tln~ ~~.nU~nl.yl nr n~.~uur.~, ul ~~nCh Mn4~q (w PI en(h Mn4n~ •ntl wny Mh..~ ~v.~. snn). Ihu wnun~fur of 11~1~ ~a,lu, u~wn iuy~uunl or uU~.~~wnu, ~I~.~11 ~~ut ..11~~.1 Ihn rluhl o( Il~~~k lo rel~ln Ila CoI1~Nr~l 1w ~uch o11wI l{nl~~llU~u. CREDIT UF!• AND CRCUIT lIF[ A~ OISADIIITY INSUR/~NCC /~kC VOWNiARY AND NOT RCC~UIREO FOR CRE~IT. Such Insunncs cov~rsW ia nv~il~b~e ~f the co~l do~ipn~lod bobw (or Ilw ~~rm n( ~i~o uodlt~ (n) S (pr C~~dll lif~ Irn sureno~ (b) i_........... . fo~ Crodd Li(o 6 Qn~Wll~y Inwr~nc~i Clwxk Appl. Q Cr~dit llf~ Imursnc~ I~ do~ired on tM li(e o! ............................._...._..~.....~...._._................V...... Box • Dirlhdets ? Crodi~ Ut~ 6 Dliebiliry Inwr~ncs i• deiirsd on Birlhdelo ~ Credit lifs and/w Ois~bility los~nnce it not desired. - • D~+e: _.---Ma-y----1~6-r---19-Z6 Siqnawrek-•-•-•--- -~S!-~v~ ~ e~!~ Albert J. Wtight~ hL~drey Purcell i ~f;;;, ~ '~~9^+~ureX__.. ~c-~i_r.c-~ _l ._/~.l " orance A: Wright < AddiliM» ta, reclur.li~n~ orrhnnqot of, or substllut+onti for tho Colleter~l, paymenb ~sctounl o( 1hb ba~ or Incrne+os of tf~o ~nmo, or olhor lonns rnaJa pn~llelly or wholly upon IIw Collatcrel. mey irnm timo to tlma•I~o mack wllfwul •flttling tM+ {HOVisions of lhis note. Bank shelt exercise reesoneble cere in the wstody and preservation o/ Ihe Collsterel to Ihe e:1en~ reqvired by applicabfe 'i stetute, and shsll b~ deemed to havo exe~cised reasonab~e care i( it takes such action fw that nurpose ss Maker shaU reasonably reqvest i~ wriling, but no omission to do any act not requested by Maker shall be deemed a failure lo exercise reesonsble cere, and rto omis- sion to comply wilh eny request of Maknr sl~all ot itsclf 1~c dcen~cd a/eil~re to excrt~se ~easw+sblo cere. Bank shall no1 bo bound Io tako eny steps netesssry to pioscrvc any riflhts in the Collateral ~ainst priw partics and Maker shall tske •II netessary stcps for such ' purpoxs. Bank or its nominee need not collecl interest on or printipal of any Co~lateral or givs sny notice with respect Io it_ ~ II the Colleteral shall et any time become ~nsatisfactory to Bank, Maker shall within ons day atter demand pkd9e and deposit ; with 8ank ss part of tho Collateral additional property which is sa~isfactory to Bank. ~ If Dank d~ems itsel( insecurc, o? upon tl~e heppenmp of ony of uM following evenls, cach of which sf+nll tonslitule a de(auN here- I unclcr, ell tieb~lities o( ~.xh M.ikcr to fl.mk shall Ihcrcupon or thcr~eftcr, a~ Ihc option of Rank, wi~hout noticc o~ clcmand, l~rcomc c{uQ ~ enci paynblo: (o) dw i~ilv.o o( nny Obligor (which lcrm shall mean anJ inrlutle exh MaYot, cnJorsor, surcly, end flunrentor of Ihis ~ note) fo pc~form any .~nreCmonf he~no~~r, to pay imcrest hC~COn wilhin Icn days e(lor it is duc, or i( tlwie be no due dalt, ~Iter il is billed or otleerwiso rcqucstcd or dominticd, to pay •ny o~l~cr linbil~~y wl,atsoovcr to Bank whan dve; (b) Il~o cice?h of eny pbli~pr; € (c) tho fitinp o( eny petition ~nder tho Bnnkrup~cy Act, or ~ny s~milar (ederal or sta~e s~alvte, by or ac~ains~ any Obligor; ~n epplica- , tion for 1lic appoinlmont of e receiver (or, Il~e mnkinn of a~enerel ass~~~n,nent {or 1ho bene(it pf tre<litws by, w Ihe insolvency of iny • 3 Obliflor, (e) Nw emry o( e judcir.ment ana~nsl any Oblic~or, (f) ihe issu~nfl ol sny auect~ment o~ garnishmeM, a ti~e liling of ~ny tien, s e~einst any properfy ol any Obli~or; (p) tho teking o1 pc+ssession ol a~y subslantiel part ol the propcrly of sny Obliqor e1 Ihe instencc ~ o eny povcrnmental authorNys (h) the dissolution, merger, consolidation, or rewganiretion of any Obliqa; (i) the essiflnment by eny ` Mnker of any equity in ony of thv Cotlaleral witliout Ino writlen consenr of ino Bank. Eech Ohligo~ hereby weives •ny requiremenl of ~ notice or demend re/IeUirtg suth acceleratior~ insoiar as such roqukement be in sddilion Io tl~e mere oxerdss of eny remedy ~fforoed in ; fhia Note or Ihe inslilution ol suit 1ry tho fhen holdor. ~ 11enk ~I~nll I~eve, trul ~liAll nof I~e limitarl to, Ilin fo~lowin(~ rlniilc, ~xh of which mey bo oxercised at any time whether or nol thii - ~~nt~ i~ ~Inn• (i) 1~ ~dr~lun nr Irnn~fnr Ihi~ nntr niwl Ihn Collnl.•rnl n,,~,r chnN Ihereu~~nn iM reliev~v) ol all dulics and rnspw+sibilitics ~ t~~.l rrlir~r~l h..~t1 nn i~al nll (Inldlll ~rlll~ rne 1 1.. nn nl.•rnl a+ ~rl... ~~n. ..t Irentlnno~ 1 Any plo.l•~..~ M trnm- ~ ? ..y ~ 11 1 1 I, ~r,~ N~.11 1~ JI ••~~Hr~ ~~1 I~~n ( I~~uL ~~..~.•~n~.l..~ nn.l 1~~ nll 11:.. ~b~l~~• ..l PnpL (ayn~~n•lnlr (II) 1~~ bnnela? thn Whn{q ~ ~ ~ i ~ ~ 1~. i. 11 , hA ~ 1+ ~~n h...l~ N. ,w,~ . ~iul t.. 11~~. ~ 1 ~I.~~.~t. h 1 H. uu ~ i ~ ~ ( IU? 1 m 1 d~ll~pa~ uf •n ( ul• ` .1 1 ~ ( . 1 ~ N ~ A ~ 1 i~h .h•.. y 5 ~ ~ • 1 1.. ~I~~~n ~n.l, .u~~ • 1 • ~ { • 1•, . 1... ~I~. ~ 1 I~v. ~~db•~1. ~v n~nl~• .IIIV lIMt1~NU• ~ ~~tl , 111 ~ 1 'll 1 ~~1~ 1 ,h ~I 1.~ Ilh ~ n Iln• ~ .11'.Ir~ ~1 .u~.l (.11 h~ I.d.. ~..~~Ir~d ~•1 .ul~' ~q.~rr.~~ Id 1 ~•~I.Nrld) ~ ~~~..~1 1~ t 1. ~11 1~ 1 r1 1~ '•1 ~11~~ . ~.ill, 1~~/~...1 1~~ ~11 ~.~..~.,..11 ..1 ~.~.1/1~~~~1:1•'I 11.•\\ ~U nl n1~\ IIIeN• ~N'r~•.l~l.•1 ~1~ Il~~r ~w~t . ; • r•~ • 1 ~1~~~1 1~. ~ r~~.nll~ L.e-.,,. h~.h~.lb.~~ Lul u..l U~nn...l i...n~~ I.~luna w~I~m~• ~~1 .~ny ~1.•~r~Hl. 1tIHt, ~y A~J~'IKy M.UUnt, 11~,: lu~ Uw ~.,~u~c~,l ul i1HS n.du, .~u~l q a~n~~~.u I~ci~ ~~~„q~ .~~,cl sc~us~ly Inln~oSt in dll Slxh pto~w!?ly p~ Nd[~1 A,~4kc1 et ietuiity ~ (w Ih,a payrnum of ~i1 uihor i~.~i,%fihes o( cach Makcr to f~ank (uidu~i~r~ I~~~b~iihr3 oF each Maker a~~d eny otlier porson); end Bank shali ~ hevo Ihp snmo ri~~hts es to such pro~x~rly as il hns with fecpeU to Il~c Collnlaral, ~ If p.mk rlrarm il+rl! In~orurr m u~n th.? nrturn•nrc of nny ~I~•I.~ult 6crou~xlca Denk chall hnvr 1ho forcclosurc n~d nthor ~~nx~.l. ~ t+( n*rcuir~l ~~nrly un~l.~r Ihn Ilnifnrm Ca~nm~rcinl C~wl~•. ~~LUth~•i n~~plic.~ldn lew ond, will~oul Iim~luM Ilee r~cn~rilily o( IJ~e ip~.•r~..~~ . . ~a HanA ah.~li i~avn Ihn ~it~hl, i~n~n~•~li.~b•ly a~~~l witl~oul 1u.~lu•r n~1i~~n hy d, lo :.•1 oi( .x~iimt Ihis n~~lc nll n,onry owr~l Iqr D.,~~k in ~n, ~•.~nty 1~ r.Nh or .~ny M.~4rr; a~Kl i( :iKh sM n(( shrll ~xrur, Il.u~k :h.~il Iw~ rl~•rnuxl ~n h.ivn cx~r~i:.•d sixh rp~hf e( t.c~ o1f eixl h.~v.- ~n.al.• e ~I~i~~~~ nu.~fn•.1 nny au~h nmrwr inu~a•~linlrl u w~~~ Ih.• ` Y Y 1 ~Krur~n~un ;~1~ tl.•G~ull rvcn thouryh S~xh rhmqp (s mn~le rn enfrlr~~ ; ~~n 11~.. I.~M,A~ ..1 I~.ink suh•..•~pu.~~~ ~h~•~oW Unf~~ts 11~~• C~~II.~~~~r.~l i: ~w•n:h~Jdc or Ihrc.~~ens lo cJt~ciinn s~x•cdily in valun pr is of w tYpc ; ~u•H•in.~ruy antil on n recc•~~nliud mn~kot, 11onw wilt p~vo Makcr rca:onabl.• noticc of tl~e time and pl.uc of enY p~blit salc therco( or of Ih~. limo nt~~r which eny nrfvnto ~el~ o? any olh~r Intencie~l disposition tf~~~enf is to bo mnde. Tl~o roq~irement o( reasoneble notic~ shall I•o mrt s~al~ nntiir 1• moilyd, ~~aln~~~ pr~~,oicl. 10 nny Mak.•r it U~r nrl~lress Qiven tx~low or et nny othcr eddro35 shown o~ ff~o rct- ~•~.1: ~I~~ 14~nA, nl 1.~.~~1 liv~• dny~ I~rfuro Ih.~ tinw of ih~ s,ilr or cli~~iosihon. Upon disposition of eny Collotcrel a(tcr Ilip acurrcnrc .~ny ib•Inull ho~~.un„rr, Mnkrr ~h~ll Iw nnd rr.main ~i.~bl~ 1or any de(iticntY: entl Denk shall eetounl lo M~ko? fw eny swplus. buf : 11,~nM tif~nli h.~vn Ih~~ ~Iqhl lo npply nll w any perl o( such surplus (or to hold 1{w sarta es a roservo enainfl) eny snd nl) olfx?i linbilitics ~ n( rMh u. nny Mn~~•r t~r Ilnnk. N.~ .Inlwy m.,~~~I~~Inll ~N~ II~N ~~Arl (Imi1 1r1 ewn~•I~b~.~ nny rl.~ld ha~nu~~~{.~I •I~nll u~w~reln M e wniver ol ~uch rlphl or oI eny ot~~Of N ~111~~1 ~n~~lu~ 1~11~ ~u~In. 1'in~nnlmn~~l. ~I.+ms~Nl. p~nUnl, nul~:u nt ~h~hiq~r, en~l «¦iem~.nn n~ Ilme wlthoVl nolito Me I~etciry W~ivcd . ~ee,h nn~l nve~y Ohh~~nr. Ihe OhN~~~~rti, lolnlty rn~l fnvnr.J1Y. pm~n~~n end npten In ~iny eU tmtf o( tollcdipn e~ rratonabie alln.no~' r, 1,•r•~ (n~~t Ios? Ilrm~ 10% ol Ihe ~~ihKl~~nl ?uni) incurrr~l nr ~.ni.i by Pa:ik in enfo~ri.x~ Ihif nMe~ Ufbn th~ occlnr~~~ ~I n~~~• ,1.•( ~~~II Any n•,tlrr In INa6n• ~Itnll 1•.• anlli. i~n~l t~rv~d (nr nll ~ r; ~•~nn~~-. - d 11~. I.le. Y ( . If 1.- 1~r •r~l Of ~t,~•.~.) ir1 I~~n , i -i• . -I~., ~...1. ..r v~l ~1~, . ~~1 1~. ~ . . H t . ~ . t. ~11.~I1, ~...Inr~w (~~r~.1i.) . 1 1.. 1!:~. aii ~ i, ~ ~ ~ ( ~ • ~ 1 ' ' . n~~~ ~.-.~i „~~1~~~ .~u.~~.~.~~~. Il~o ~q~~l ~~~1•~ ~ ~ ~ t~„i (~i. ~ ilhL~ .~'~11 i. h.~~ u.l .u~. ~ I~u~u1~~ v• 1•' 1 u~..b:i L~~~1 1~1 l~.h uf AI~?oi u~n„wlr~l~~~ ~wn~~il uf • cu~u~,fulu~l ~u~.y uf ~I~u Nu~Y ~x~ Ih~ ~Iw,v ~i~l• / 4~ /?~Id~e~~~ { x l Cl • lt ~I ~ ~ ~ 1!1UJ 3LtfU~ jj 1~,~ ~ Orlando . ~,~rr % . - ~ : r•,•.l 11ii~ii ~•S!~ I•~~r.i•~ ~ I' ( . ~ ~ ~ ~ ~ ~ ~ , ~ ' ~ ~ 55 FA~E 3~ ~ ~ . : . ~ ~