The URL can be used to link to this page

Home My WebLink About0335 ` J~::i~4n ~s,~a::ii 9isa:3~ INfTAILMENT NOTE . BANK NAME IS~cund and U~NCVnd) i ~ ~4U Co~mQrcial Street, JEns~n Bas.:Y?~ FL Dur. 19~1 = ~25,2.~0 ~ LOCATION LWO Mf: Nof~ No. D~t~d: ~ , 19~~ ~ b120.ufl Pr«eed? i Sixt (b0 :~iNTfiS FINANCE ~ 1132.40 : ' CNAROE i - T.._~---~__~__.~~_____...~.------- - - ~ _ afte? date the undersigned, here~nafter caUed Maker, jaintly and severbtty~ Oocumero•ry f.__..._.._.__..___.____._._ promise(s) fo~ value received io pay to the order of the Bank~ at its oifice Stamp~ as listed above the sum oi (total oi payments)___. Credit ltfs (or Life ~Rt...L~iQ~t~i9.tld__.t~Ts?._.111it1s~XR~,..f 1~_Cy C1,~. 8~ Dissbility Ins.i . --~----r.----c.- Oollari ~her (itemiZS) --~~Q---°--____~-____.•_---____~_ - with inttrsst thereon a~ th~ rats of per annum, sll psysble in _ _ --b4~_-..- monthly installments of i....81-.Z~- each on fM f-i___..... day of nq on ---~-`-..~:.Y.=.--. . 19_. ~ toqather with ' ~acfi waeuive month tommtr?ti . . f ~our~ 4i2c~ 00 a BAIIOON PAYMENT OF 5----~-~'tt}t]g.-•----•------- Oue 19 FINANCED t A flrw computed et the rate of =.OS per s1.00 on each instal!ment in default fw ~w~ately colNcted a period in extess of 10 days may be chsrqed the Maker. No sixh fine shall exceed ~har~es (itemiz~) : =5.00. Makar is required to pay all costs of cotlcctia+, inclvdi~ s ressonable anw- ~ n~y's fee if roferred for collection o~ 1e9a1 proaedinps. All payments. whethe? prin- dp~l. i~teresf w otherwise, nof received when due shall bear inte?est at 1096 pe? i annum from dus date u~til paid. All payments made hereur+der shall be credited ANNUAI PERGENTAGE RATE aj(~ fint to interest, then to lawful char9es then accrued, end last to principal. tf the Iwn is prepaid in full, aaelerated or refina~ced, the Maker shall as of the date of suct+ event receive such rofund of the un- sa?ned patia+ of the crcdit life insurance premium and finance char9e and such other credit as may be required by law a as may be necesssry to avold usury, provided that the Holder msy retain a minimum finance charqe of =25.00, whether w not otherwise ea~nsd, and except in the case of s refinsnti~, no finance charge or premium refund shsll be msds if it amoy~ts to less than =1.00. Rete~tion of sny minimum finante shall bs in addition to service charge if any. Any Iang~aye elsewhere herein to the tontrary nOtwithsta~din~, ntither Bank nor any holder hereof shsll receive o~ retain a~y char9e or intereat not allowed by law. As securiy for the payment of this note Maker fias plad9ed w depositerJ with Ba~k the followinq property~A._.~.47_49Z.__S~lviaed __~~~~~t---~a~~~tz.J.~._~a~af_GQa~,.__~_,~_~~~u~ac~_~n._4~~_..~44J~.25S4__~~!~-;~~.~..~~~~~ ~;~1 6 32 in. Cond,_ C~7 A~ C-7 aa described in aaid ~cort a a. - - -------~------p ~ ' - - g----------- (includinp all cssh, stock snd other dividends a~d all ri9hts to substribe for sKU.iYces incident to, detl~red Or granted in connettion with ~ suth propertY). whtch property, together with all additions and substitutions he~eafter pledged or deposited with Bank is called tMe ~ol- lateral. The Co~latersl is a{so pledged as secur;ty ior all other IiabilitSes to Bank, (primary, secondary, direct, continqent, sola, joint a several), due or to become due w which may be hereafte? contracted or acquired, of each Maker (o~ of each Nlaker and any other psr- son). Ths surrender of this r+ote, upon paymcnt or otherwise, shatl not affect the right of Bank to retain the Collateral fw such other liabilities. ~ CREDIT IIfE AN~ CREDIT LIfE d. DISABIIITY INSURANCE ARE VOtUNTARY AND NOT REpUIRED FOR CREDIT. Such insurana~ ' j cove~age is available at the cost designated below for the term of the credit_ (s) S._____.._.._______________________________.___ for Credit lifs In- ! suranoe (b) S..-_------_-_._-----------------•---.-.-•--••----------__....... for Gedit life 3 Disability Insurance: Check ~ Appl. ? Credit life Insurance is desired on the life of - - Birthdate . ~z ' ~ p Credit Life ~ ~isahility Insurance is desired o~ - - - ~ - Birthdate . ' Crcdit e nd/or Disability Insurance is rlot si Datr Signaturo _4~i~. y~ ~~'-'.4~s+-,-~~,.~ic~rri~ f~T. iLoB+~t~£it3 • - ' , Si9nature ---~,,~:_(~r:~.:~---LY ~ • _r~i.,2s~.~:---~iszlZle B. c'~Ae8~ai~ ~ Additions to, reductions or exchanges of, or substitutions for the Collateral, payments on sao~nt of this loan or increases d ths ~ ssme, w other Ioans made pa?tially or whotly upon the Collateral, may from time to time be made without effetting ths prOVisions of this note. Bank shall exercise reasonable care in the custody and preservation of the Collateral to the cxtent required by applicabk statute, snd shall be deemed to have exercised reasonable care if it takes such actio~ fw that purpose as Nlaker shall reasonably request } in writin9, but no omiu~on to do any act not requested by Maker shaN be deemed a faiture to exercise reaso~able care, and no omis- 4 ian to complY with any requcst of Maker shall of itself be deemed a failure to exercise reasonabte care. Bank sh~ll not be bound to 1~' tske any steps necessary to preserve any rights i~ the Collateral against prior parties and Maker shall take all necessary steps fw suth purposes. Bank w its nominee need not collect interest Qn or principal of any Collate?al or give any notice with respect to it_ ~ t tim nsat~sfador to Bank Maker shail within o~e da after demand 1 snd de it If the Collateral shall a any e beceme ~ y Y P Pos ~ ~ with Bank as psrt of the Collate~al additional prope~ty which is satisfacto.y to Bank. i If Bank deems itself insecure, w upon the _happening of any of the following events, each of which shall constitute a default here- ~ ~ under, all tiabilities of each Make~ to Bank shall thereupon or thereafter, at the vption of Bank, withovt ~otice or demsnd, betome due j ~ a~d payable: (a) the failure of any Obl~gor (which term shall mean and include esch Maker, endwser, surety, a~d yusrantor of this note) to perform any agreemant hereunder, to pay interest hereon within ten days after it is dve, or if there be no due date, after it ~ is bilkd o? othervviu requested or demanded, to pay any other liab~liry whatsoever to Bank when due; (b) the death of any Obli~ ~ ; (c) the filing of any petition under the Bankruptcy Act, or any similar federal or state stat~te, by or against any Obliyor; an applica- ~ tion for the appointment of a receiver for, the making of a neral assignment fw the benefit of creditors by, or the insolvency of sny ; Obligor: (e) the entry of a j~dc~eme~t against any Obligor, (~the issuing of any attxhment or garnishment, w the filinp of ar?y lien, i ~ ay ainst any property of any Obligor; (g) the taking of possession of any substantial part of the property of any Oblisor at the instanoe i of any governmental authority: (h) the dissolutio~, merger, consolidation, w reorganization of any Ob~iyw; (i) the assiynment by a~y + ~ Msker of any equity in any of the Collateral without the wrinen consent of the Bank_ Each Obligor hereby waives any requirement of ~ notice or demand reflecting such acceleration insofar as such requirement be in addition to the mere exercise of any remedy affotded in ; this Note or ihe institution of suit by the then Iwlder. i Bank shall have, but shall not be limited to, the folloMing riahts, eM}~ of which may be exercised at any time wt~ether a not this ; ~ note is due: (i} to ptedge w transfer this note and the Collateral and Bank shall thereupon be relieved of all duties and responsibilities ~ hereunder and relieved from any and aH liability with respect to any Collateral so pledged or transferred, and any pledgee or trans- y ~ feree shall for all purposes stand in the plsce of Bank hereunder and have all the rights of Bank hereur?der; (ii) to trsnsfer the whole ~ w ar?y part of the Col~ateral into the name of itself or its nom~nce; fiii) to vote the Collateral; (iv) to notify the Obligors of.any Col- 3 latera! to make payment to Bank of any amounts due or to become due thereon; (v) to demand, sue for, colleet, or make any compro- ~ mise o~ settlement it deems desirable with reference to the Collateral; and (vi) to take control of any proceeds of Collateral. ~ Bank is hereby give~ a lien upon and a security interest in all property of each Obligw now or at any time hereafter in the pos- ~ session of Bank in any capacity whatsower, including but not limited to arry bala~ce w shere of any deposit, trust, o~ ayency eccount, ~ ~s the seturity fo? the payme~t of this I1ofe, snd a similar lien ~pon and seturity interest in all such p~Operty of esth Msker as seturity { ~ for the payment of alt other liabilities of each Maker to Bank (inclu~ing liabilities of each Mnker and any other p~rsw?); and Bank shall i ~ have the ssme rights as to such property as it has with respect to the Collateral. i ~ If Bank deerr.s itsetf insecure or upon the otcurrence of any default hereu~der Bank shall have the fwetlosure and other remedies j ~ of a secured party under the Unifwm Commercial Code, or other applicable law and, without limit~ng the 9enerality of the forepoiny, ~ Bank shail have thb right, immediately and without further actio~ by it, to set off against this note all mor~ey owed by Bank in any ca- " i - pauty to each or any Maker; and if s~ch set off shall occur, Bank shall be deemed to have exercised such riyht of set off a~d to have j msde a charge against sny such money immediately upon the occurrerxe of wch defauN even thouyh such charge is made u entered ! = on the books of Bank subsequent thereto. Unless the Collateral is perishable w threatens to deciine speedily in valve w is of s type ~ ~ customarily w~d on a retogmzed market, Bank will give Maker reasonabfe notice of the time and place of any public sale ihereof w of ; ~ the time afrer which any private sale or any other intended disposition thereof is to be made. The requirement of reasonable notice shal! 5 be met if such notice is ma~ted, postage prepaid, to any Maker at the address given below w at any other address shown on the ret- wds of the Bank, a? teast five days before the rime of the sale or disposition. Upon disposition of any Collateral after the occurrence of any default here~nder, Maker shall be a~d remain liable for a~y deficie~cy; and Bank shall accaunt to Maker for any surplus, but ; ~ Bank shall have the right to apply all or any part of such surptus (or to hold the same as a reserve against) any ~nd all other lisbilities i ~ of each w-any Maker to Bank. ~ No delay or omiss~on o~ the part of Bank in exercising any right hereunde. shall operate as a waiver of such ripht or of any other right under this note. Presenrment, demand, protest, ~ot~ce of dishonor, and extension of time withovt notice are hereby waived by i each and every Obl~gor. _ The Obl~qors, jointly and severally, promise and aqree to pay all costs of collection end reasonable attaneyi i = fees (no~ kss than 10°k of the a~~~ciPa~ sum) incurred or paid by Bank in enfwcing this note ~pon the occurrence of any defauft. Any notice to Make. shall be sufficiently xrved for alI purposes if left upon or plsced in the mail, postaqe prspaid, addressed to the ; ~ premises at the address shown below or any other sddress shown on Bank's records. ; Wherever thii note is executed by a co-maker or endwser who is the wife of a maker w endwser, the said wife does hereby ex• ; ~ pressly sck~owledye the within debt as her ~aro and individual deNt. ' ~ ~ edges rece~pt of s compbted copy ~f this-Mote enlthe above d~te. ~ Each of Maker acknow! ~ ~f1 + eG. $ea ~ ~ __.~'.~_~."'._..Dili:lo 81~~:~. l-' _ ~ ' ? : Address: - - - - _ - ~ - - '-_--~`~:~2.~4.7----~r------'~-- : f n `~lirara:~r, rL s ~~3~3 '#orrie I°.. Rosac.un : ; . - ry y . . 7 ~ ~ t ~ p~ ' f r_ ~"~.1?a:.._..a'^'.a!.wr-'--"---'~'--"'--'--'--'-" - - . - ~ Fes ? Q:v~ ~ i;~a~j:eF ;3. Fcrssutt~n- 55 PAGE ~ ' 4 ~ s•• ~ ~ ~ . . _ ~ : ~ ~-,-~~_f . _ ~ , . - .m__ _ ~