HomeMy WebLinkAbout0162 ,
~ ~sT~tuw~ Non
ANK AMH ~ ~
q0 Coameocqial. St. JeTSan B~aot~ p~ 81 13.80
ATION ~ , ~
N~N Nw ' OsNr, ...~...-ZQ.__. 1~~ lo~n T«ma 4~48Y.Q0
. hoa~da =
~L..~~.9~~ _ ~ _ __..3,,~.33,..SQ_..
attK dab ths u~d~rsignM, hereinaft~r calt~d MakK. joint~y snd sw~nliy Oocvnwnqry ~
promise(s) ior vslug r~iwd to psy to tM ordK of tM 8ank. ~t its offic~ ~+~++P~ ~
as list~d abow the tum ot tot~1 ot w m~nts~ _ Cndit tih ta Uh
~`IVE ~ N~ID
$Ollbl~-- ~Il~~ ~as.=
Doll~?s i
_ wifh M+~N 1,~w~~on_ ~t.tM rW of ~.s~..._~.% Pa ~ui+~. ~11 payabl~ M : ~
-bQ.-... morMl+l~t N~~~ of =_.~i.Z.$..~. • on th~ day o~ :
wch p+oat~iw moMh aonwnMd~q oi+ 10.~._, top~thK with y ~
a dl1LlO0N PAYMENT Of Dw 19 4~SZ.O~
A fi~ ao~npuad ~t tM rsN of f.OS p~~ 1.00 on Nch InstallmMi in d~tauh fa ~ s
~ pKiod In ~~ecat of lO d+ri n+~Y bt~ the IN~ktr. No wdf fins sh~ll ~za~d 3~PaaNly ooll~ct~d
=S.OQ MskN b nquind fo p~y all ootN of coll~ction. tncludinp a naso~abl~ ittor- ~s Cmmis~)
n~s i« if nf~?ad for oolbction w 16pa1 pop~linp=. All psyn~+ri. whMhK prin- .
ctp~l. Mt~rat or oth~?wis~. no~ nc~hnd whN+ dw shdl h~ar Iertns~ ~t 10% oK ~ i.-......-----
anwin iran du~ d~s unfil pid. All payn~nts ntd~ hlr~u~r sh~ll b~ cnditd - ANNUAL ~ERCENTAOE RAT! ~ y(~ . i>
Hnt to int~pt, tFwn fo lawful ch~~a tF+~n aarwd. and lasr to P~~ctal.
N 1M loan hp~p~ In fvll, aoaltratad a nfin~nad. th~ Maksr thall ai of th~ d~N of wth wMt ~+oNw wch nfund of th~ un- -
~ Nrt~d Pation of tl+~ cndit Ilh inswancr pnn?(un~ H+d fin~na d~r and such otl?K crsdil a b~
r»o~sfary b avoid uiury. provided .lh~t tM HoIdN n+ay aqin a mini~inum finaoc~ ~ I~ _
~ed ~xppt In tM cas~ of ~ nfin~d~ no nnanc~ chup~ or pranium nfund ~a116~i
~mdi If it
unounts ~ t~~+ ~1.00.~~N~1on
of any minunum ti~ar~oi tMll b~ in a~dition to s~rvip tharp~ if any. My lanpwq~ ~I~wl~n Mnln b tM aonnary no/vvitMfa~dhq, .
rnttF»r da~lc nor Mry hold~r Mnof sh~lt naiw or rot~ln any chup~ w Inttnst not allowad by law.
~?..~u.ttr to. n,. t of this ~ k.r pl.dq.a or - t.a ~ A 0.0769~ - vfil~iv~~
interest 3n...Tl~octlt ums ~ ~.~i.~oo~c~~, pq~ 23
~ere ~
and 24- . C- , .A~'
. : , as i~ar"'~S~
;
- ~ . ~ - , ~ - i ~ ~
(indut~np ~11 crih, sfotlt ~nd ofhe~ dlvid~nds Mid ~U riphlt to substrib~ fOr s~cwitiK inti~lnt t0. d~tl~~ed or MMd in QomNCfioR ~
wchp~p~~y
~ whkA propKty. topethsr with ali ~dditiorK ~nd wbstitutions M?eafNr pl~dy~d or d~potind w~ dK?k it pll~d th~ CAI. - ~
Ia1Ka1. TM .Cdt~hral b also pladp~d as s~eurity fa ~II otht? li~biliti~s to 6ank, (ptim~y, s~oond~ry. dinet. eontieq~% tol~, iotet or
MYN~~. ~ Of 10 ~Cd110 d1J! p W~1Kf1 111ay bf ~lNNf~f CO~Iff~CtAd Of KQ1/~fld, Of ~~C+1 Miklf (OI Of ~~1 ~~f~f M1d Nry Of~N1 qf- .
son~. TM wr~r of this not~, uP~ WY~? or oth~rwis~. sMll not aff~d ths ripht 'of Bank 1o ritain th~ Collater~l far wth . Wh~r
liabiliti~q. - ~S = . . r _ . ,
CREDR UfE ANO CREOIT UFE ~ DISA6ILITY INSV~~E ARE VOIUNTARY AND NOL` Rl~,~11R~D FOk CREOIT. Sud~~ Inwqno~~
co~w~~ is availabl~ N tM cott d~si~narod b~tow for th~ t~rm of th~ u~dit: i._._. fa Cndif Uh M- .
wr~no~ (b) i _ for Gadit lif~ i Disabilily Iruwanp:
Chak
~ Gsdit lif~ lnsur~noe is d~sind on ths lih af ..y~.____~,_T._._~._.._.~
- &rfhdat~, .
Q Cndit Lif~ 1~ Disabillty Insunnq ~is d~sind on .r._ __.~.w.-
- bl~ -
~ Cndit llf~ and/or Wsability Ir?wrar~ b nd. } ~
~ ~----~=?°f--3.9.Tfi_ _ s~.+~n~X~~~~7._. ' . I~demarnl, Jr.
_ -,-,_t ..rl~-r 4= ` .~..~.-ratL ~ E. Zet]~ffi1
Additions to, nductions or ~xchan~s of. w wbstitutions fw tM CoHi ~I, Ms an aaoum d this bsn or irwts~t d H+t _
swn~, or otMr Iwns mds w~iaify or wholly upon th~ Golbmal, may from tin+~ to tim~ b~ mad~ witho~A ~ff~ctin~ tl+t pro~vi~ions (
of this raM. dank sh~ll ~xercise nasonabb uro in tFu tustcdY ++~d P~esNVNion d tM Coll~tsrd to tM ex»M rpuind by applkaM~,~ ~~4j
atatuK. and aMll b~ dNnNd fo haw exerci»d naw.wble car~ if it talus wch fa tl+H pu~pos~ as kN lhall
,M+ ~+aY .
in wriNnp, but no omisslon ro do uiy Kt not requ~st~d by Mak~r shs11 b~ failun ~o ~xKCis~ na~bl~ can. and ia omi:-
sion to con~ly wifh any [pwst of M~k~t shall of its~lf b~ da~msd a hil dy~~~"erc~s~ reaot?~bl~ tut. sank shaN nW bs bound tQ
1+b anY sbOs n~qss~rY to Prq~rw +nY riohts in th~ Gdlattal p~inst p~ p~rtl~t and lN~k~~ shalt tak~ ~II ~au~ry sNq ht ,wah .
purpoas. d~nk or Hs nominM ersd not coThtt intetest on ot printip~l of arrY Co11~Na1 or pive snY rolio~ wNh ras~et b if.
If th~ Collaeaal ahall N~ny tim~ b~toerw unsatisfactory to e~nk. Maket shall withln on~ d~y ~fqr ~nd pbdp~ and d~po~~f -
i with da~k ss parf af th~ ColtatKal additional proprfy which is satisfsctory to 8ank.
H dank ds~rns it~lf ins~tun, or upon the Fupp~ninp of any of th~ followiop w~nt~, sath d whi~w a d~f~ub h~n• -
ued~r, all ti~biliti~s of ~ch Maktr b 8ank shall tt+e~eupon w thereaher ~t tM option of eank, witiwcrr d~mand,- b~cnn» dw
and pay~bb: (a) th~ f~ituh of +eY Obliqw.(which tenn sh~ll mean an~ includ~ ~ch N4~kK, sndws~~js ,~nd 9w?~nta of thls
rwM) ~o pafo~m any prNrmm hereunder to p~y ime~t hsroon within t~n days ~f1er it is dw, w 1F thth b~ no dw d~M, ~ft~r N -
is bilbd or Wh~wht erqwst~d w dema+~d~d, to ptY any othet li~bllity wfiatsoewr to Sank wh~n dur, tM dsath of ~ny Oblipor~
~ th~ filirp of aey petition w~d~r th~ Bankruptcy Ad, a~ny similar f~?~1 or stN~ uatutr, by orap sins~ any Oblipor: an aP~lica.
tion tor t}»~pppinten~M of ~ s~oehr~r for, th~ n?skiny d~ raf assiyr?m~m for tht ben~fit d a~dilon by, or NN tetohr~ncy of ~try
~ pblfpcr; tfi~ eMry oi a j Q s~+ ~nsf anY Obtiqa: (~th~ issuinq of ar?y atlad+naot or qamisF~M, or tM filinp of ~ny li~n,
E aW~ +~Y WoO~Y ~+~+Yu~R~~r,- (0) th~ takirq of posassia~+ of sny substar?ti~l pan of the P?aP~~Y of any Obliyo? ~t th~ tiutano~
oF any ~I wlhority:({~j Ihe dissolution, rrti?~s?. consolid~tion, or noryani:Nlon of any Oblipor, (q thi asqnment bYan~
Malw of~aiy
~~quily in any of th~ CoN~itnl wlthouf Ih~ writMn c~raent of tM Bu~k. Each ObliQw iwraby waiws any rrquinm~nt af :
t1?~~Nw~ amtM nsri~tutior~~
s~~y ~ N~i~n Mld~ra suah r~quirert~nt b~ in addition ro th~ mer~ ex~rds~ d ~ny r~n»dy affa~d~d in
B~nk shall h~w. but shall not bs limit~d to, th~ followinq rlohts, each of whkh may b~ ~x~rcissd at ~ny tfn~ wMtfwr a nof thk
note is dw: M pledp~ or transhr this note and tM Collmnl and 6ank shall tMrwpon b~ nliw~d of all duti~s ud nspon:ibilitl~s -
Frreundu ~nd rsliw~d fram any and ~II liability with nsp~ct to arw Coll~teral so plsdp~d o~ trarafernd. and any pl~dpr~ or bsnt-
fene shall for all purpot~ stsed in th~ plaa d B~r?Ic hsreunder •nd hav~ all th~ riohts of dsnk henuod~r: to tru~sfK tht whob
o?any pNf d ih~ Collafer~l Into fht nartw of itself or ifs nanir~: f~8 ~o vo~ ths t:dl~ttnl: (h~) to notify.tM Oblipon of any Col-
lat~s?sral to maks p~yment to 8ank of u+y an+ounb due or to bscon+r dve tMnan: (v) to d~mand, sue far, oo11~c1, or nwlc~an~ canpr~o-
mis~ a s~ttl~emnt tt deems d~sinbl~ with nfaeno~ to tFw Collateral; and (v~ to t~b oontrol of ar~y proce~ds of ~o1lat~rN.
~ 8ank b hu~by yivsn a lien upon u~d a sewrity ir~t~at ln ~II prop~rty of ~ad~ Obl'qa now w M any time MnaftK in tl+~ pos-
wssioe of Sank in ~ny capadfy wFwtaow~r, indu~nq twt not limiled to a+y b~laoo~ or shan of +nY d~POSit, tnrst. ors~y aocount,
~s th~ s~pKily fw th~p~yr~nt of this noM, and ~ ~Imitar li~n upon ~nd s~curily iM~nst in dl wchp~~?y of Nch AA~ as sKU~~
for th~ piym~eM of ~11 Wh~r liabilit'NS of t~eh /M~tctr b B~nk (ineludieq liabiliti~s of aefi Maksr and any otF~ p~non} and d~r?k sha I
Fiav~ th~ sam~ riphfs a to such ptopKty a k has with rstp~ct to th~ Co11~a1.
If Bank dwms itsdf ins~curo o? up~ tFM oavrnna af sny d~fwlt Mnund~r bank shall haw th~ fw~closuro ~nd otMr r~df~
o# ~ s~cur~d psrty undar the Urofam oC mm~rdal Cods w othx ~ppliuWe law ~nd, witbout limitirq tM ~r~lity of t!w fapofeq. •
Bank shall haw tM ~ipl+t ir?+msdiately and withovt furt~ier ~dion by it, to wt off ayainst thls nae dl mon~y ow~d by 8~nk in ar~y w~
pacity eo ~ach or ary M~~er; eed if wd? set off sh~ll oaur, 8ank shall be dum~d to haw sx~rcjsed wch r t of s~t off and ro h~w
mad~ ~ tharQ~ ag~instany wdi money imn~dimly upon th~ aocurr~ocs of suth d~fwM w~n thouph wch ~ is m~ or ~nta~d
on tM books of Baelc wbsequent thtr~fo. Unl~ss fhs toIIHN~I is p~rishab{~ w thttahm to d~clir» speedily In v~lue ot is of a typ~
r custom~rily wld on a rewpnind ma.k~t, dardc will yiw Mak~r nasonabb notia of th~ tim~ and plaa of any publk wl~ th~nof a d
~ the tinw ~ which any piwt~ sak or any aM~r ~nt~nd~d disposition therwf ~ to b~ madt. Th~ nqui?~ment of nason~bl~ notia shall _
bs m~t if wd+ notics is mailed, post+qt DreP+id, to any Mak~. at th~ addnts qiven btlow a a any oth~? address shown on M+~ nc
o~ of ths dank. ~t least Hw da~n b~foro ths tim~ of tht ssle or disposition. Upon disposiYwn of any Colla»rd rfNr tht -oocurnnc~
~ of amr defwh MrwndK. Maker sh~ll bs aod remain Ilable for ~ny d~ficie~cy: ~nd 8ank shall aaount to Maker fw any wrplus, bu1
~ Bank ~II have tM riqht ro apply all or sny part of iuch. a.urplua (o* b hold tM same s~ ns~~w ap+inst) any ~nd ~11 otMr Nabilitl~
of ~ach a a+Y IM~k~ to Bank.
No d~lay w om[ssbn on the p~rt of bie?k in ~xircisirp:anY ~~~M Mnt~e+d~r ~NiM1! opN~t~ a a w~iv~r of ~uch ri~M w of any aAhK
.i~l,t w,d.. this no~.: vros.ntma++, e.rt?and, woe..t, nwk. of ai:~ono.. ,nd ~»ntion of tim. wirhow nwia. ...1~...b,? w,iv.a b~?
~ad+ and wKy Obli~or. TM Obli~ors. 'amly and srv~ral~Y. Pranb! a~d"pr~e.fo p~y all costs of co{lection ~nd nasonabl~ mornrys'
a~
fe~s (rwt less thsn 1~% of M+~pr inciP~~ wmf incv~nd o~ paid by 8a~k ie ~nfwcinp t~ nob upon tt+t oocurr~noe of anY d~fauh.
My notia ro N4kK shall b~ s~rfficfently s~rved f~pt iil pu~Pwe~ ti tdt upon a plaad in' th~ msll, Post+q~ P?~P+W, addr~sMd to th~
~ premia~s N th~:~~ showA be{ow a{anp. cIF+K add~iss ~hown o~ 8ank's nwrds. ,
Whe.w~r thTfs e±w~ is ex«ut~d by ~._oo+nakti ~a ~ndorsa who is th~ wif~d a mai~r or , tM saW wih doa Mnby ~x-
pr~ssly ackrqwl~lp~ th~ wifhin dtbt es Fisr joiM and individu~ ;dlbl~ ~
~ Each of 11A~k~r adcnowl~dy~s ?~asi0f ~ ~PN~ ~PY ~ ~r ~ -
ZZZ 5stt! T!!x~[?• ~ x , ~ ~ ~ .
Add.~u: - _ : „ ~ ~ , .
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