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Home My WebLink About0052 . ~ . ~ ~ , : , .?er,~.n c'~.ach i3,.~::k INtTALIMENT NOTE i • BANK NAME (iiGii~~ iri~ ~iiGBi~~~ j t.t2tl~it?L~~'lt~..}_ i~. r ~?:it1~[3T7 th:~Il~ Fl(?2~~t1~ pW: ~ ~ 1~ _ _r3~Qv~t.J~a~! # I.OCATION ~ - Nob No. D~t~d: ~-L 5 f 19 loan T~rmi: P.«e.a. _ -~...302,_JO..___~ i ---...~..._~~Y . ~~0). '•~'.t'h8 . . . . EINANCE i . ..~.,182.60~ _ CHARGE - aiter date the unders~qned, here~nafter caued Maker, ~o~ntly and severally D«vm~nrary f........._.....___. promise(s) for value rece~ved to pay to the order of the Bank, at ~ts office. Sqmps as Iisted above lhe sum of (total of payments) . Gedit life (orLife ~~'.~,~-----~f~t?S~r~1D. FJ~-?R_.}$i~i,,R~ EIt1"i'Y-FtXIR_~'~~iD 50~00 b Disability) Ins.t - Other (itemizs) - - - _ ~ollars • . _ ..,~M~ in~..asr rhe.aon at the rate of ~1t7 % oer annum. `al) aavable i~ s monthly installments of s ~1• ~i each on the i.t r'. . day of ~ ' ; . S sxh s~ocessjve month commencinq o~ r~.?' ,.l! , 19 ~~..'f , toqethtr witA aNOUNT 4 302 00 a BAIIOON PAYMENT OF = . . ~ue - - ~ . 19 . FINANC~ i A fi~e computed at the rate of S.OS per s1.00 on each instal!ment in defeutt fo~ ~~~~fe~Y ~ollectsd s pe~iod in excess of 10 days may be charqed ~he Meker. No such fine shall exceed ~haryes (itemize) _ s5.00. Maker is requ~red to pay al1 costs of co~lection, ~ncludin9 a.easonsble attor- ney's fee if roFerred'for collett3on or leflsl proteedings. All payments. whefher prin- dpal. i~terest w otherwiss. not received when due si+atl bear interesf at 107o per i.. annum from due date until pa~d. All paymen+s made hereunder shall be credited ANNUAL PERCENTAGE RATE _.10. X, first to interesf, then to lewful charqes then atcrued, and las~ ro p~incipal. , ~ If the loan is prepaid in full, accelerafed or refinanced, the Maker shall as of the date of such event receive such refund of the un- earned portion of the credit life insurance premium and finance charge and such othe~ credit ss msy be reqvired by lav~l or ~t may be necessanvto avoid usury, prov~ded ~hat the Ho~der may .eta~n a m~n~mum fina~ce cMrq~ of s25.00, whathe~ or nW otherwise eyrnd, and except in the csse of a re(inanc~nq, na finance charge or prem+um .ef~nd ch~U be Msds il it amovnts.to 19ss )han s1,00: jtet~_ntion o( any minimum finance shall be in addifion to serv+ce cha~~e if a.+y. AMi leoyy~~ge.ds~r~"~OyEi~r t6 tFie contrary 1~ofw~tFal~efirq, neither Bank ~w any holder hereof shall receive or rela~n_ any charge o. irsterest AoY.allowed by lsw. As security for the payme~t of this note Maker has pledgcd a~iepos~ted with Bank the followi pr rty: 076~~ L~ld~'B~ it~terest in... ~ite :~ef. C1on3. I, recorc~d in O.R. Aook 25~, ~ge .~9~31:.. ~C~ii~ W~}ce e? i.~_*3 r~wi. ~-ti~ ~C?: C' ~ s~ c3G$CC~ ~tl S8~ ~BCi@.----••--_-----------_--__ _ - . _ - - - . . - . . - - - ~ (irxtudinq a~l cash, stock and othe. dividends and a1! r~ghts to subsc.ibe for securities incident to, declared or granted in connettion with suth properfy), which property, togerF.er with ali addit~ons and subsr;tut~ons hereafte~ oled9ed or depoiited with Benk is called thC COI- Isterat. The Couatera~ is also pledged as secur~ry fo~ alt otner Iiab~l~t~es +o Bank, (p~imary, secondary, direct, contingent, sole, joint a save.ap, due or ro beconx due or wh:ch may be hereafter ron~racred or acquired, of each Make. (w of each Maker and sny other per- son). The surrender of ti,is note, upon pevment o. othlr•rv~st, s~atl not affect the r~ght of Bank to retain the Coll~terol for such othtr Iiabilities. CREDIT LIFE AND CREDiT L1FE 3 DISABIItTY INSURANCE ARE VOtUNTARY AND NOT REQUIRED FOR CREOIT. Suci+ insuranq coveraqe is availab~e at rne cost deugna~ed below for the rerm of ~he credit: (s} s for Gedit life In- sursnce (b) S _ _ . . . for Cred~t tife 3 D~sability Insurance: . Check ~ Appl. ? C~ed~t l~fe Inswarue ~s desired on the fife of . . - - - Box _ . _ - . - _ _ _ Birthdate _ - _ • ~ Ged ~ l~fe 6 D~sablfity insu~ar.ce is desued on _ . . . _ . _ Birthdate . . - - - - - - - - - Credit tife and/or Disabi?~ty Insurance is not de;i( . . . . ,,,2 - - _ _ _ Date: ._----~:ri~~:...._S.r_ ~.~Zf? St9nature ~_--_~...~='a~'!~---~ - - - ~t-- - ' J08t~1 H. I3i0@.hL'P.Ys .lY', ~ . . 4I $ignature -X_ ~~1'~'~,'ia.E .~-C i.t~l.,. - . ~P.1 i ~ Additions ro, redvctio~s or exc!~anges of, or substitutions for the Coliateral, payme~ts on aaount of this Ioan or intre~ses of fhs ' f` ' same, or other loans msde partia:ly or wF.oily upon the CtJllateral, may frem time to time be madE without affettirq ttfe ptovisw~s ~ ~ of this no~e. Bank shall exercise reasonable care ~n the custody and presavation of the Colla~eral to the extent required by appliubl~ i statute, and shall be deemed to have exerused ~easonab~e care ~f ~t takes such act~on for that purpose as Maker shslt reasonably nquesf ~ in writiny, but no omission to do any ace not requested by Maker sha!! 6e deemed a failure to exeruse reasonable csre, and no omis- ~ j sion to canpty with any request of Maker shall of ;rself be deemed a failure to exercise reasonable ure. Benk shall nW be bound fo ~ ~ take any steps necesury to preserve any +igh~s in the Coflatera! against pr~or psrt~es and Maker shall tske aIl necesssry steps for wch ~ purposes. 9ank w its nominee need not coliect ~merest on w princ~pa) of any Collateral w give any notice with respect to it. ~ ` It the Coliateral shaii at any r~me become u~SatiStOttory ~o oank, ivieker snaii wiin~n one ciey aiie~ uomerw pieu'ys ar~d ~pv3ii i with Bank as part ~f ti~e Collate~at add~t;onat p.operty which is sarisfactory to Bank. ~ If Sank deems itself inseture, or upo~ the nappen~ng of any of the following events, each of which shall tonstitute a defsuh here- ~ ~ under, all liebilities of each Maker to Bank shall the~eupon or thereafte~, at rhe option of Bank, without notice w demand, become dve and payable: (a) the fail~re of any Obfigo~ (which term shall mean and incl~de each Makei, endorse~, surety, and guarantw of this } note) to perfo~m any agrecment hereunde., to psy interest hereon wirhin +en days afrer it ~s due, or if there be no due dste, after it t is bilkd w otherw~se rcquested or demanded, to pay any other liab~l~ty whatsoever to Bank when due; (b) the death of any Obli~or; (c) the filinp of anv petition unde? the 8ank.~prcy Act, or any similar faderol or state statute, by or a~sinst any OFlligor; in ~ppliu- tion for the appointment of a receive? for, tht making of a general assignmenl fo? the benefit of cred~tors by, o~ the insotvency of sny Obliyo?;'(e) fhe entry of a judgemtnt against any Obligor; (fl tFr_ issuing of any attathment or garnishmenf, or ft?e filirq of ~~yr lien, ~ against any property of any Obligor; (9) the taking of possession of any svbstantial par of the property of any Oblipw ~t ths instanoe of any qovernmental authoriy; (h) thc dissol~tion. merger, consolidation, or reaganization of any ObliQor; (i) the ~assiynmenf by ~ny Maker of eny eq~eN in sny of the Co~latera! witho~t the written consent of rhe Bank. EKh Obliga Fureby waives ar~y reqviremsnt of ~ notice or demand reflecting svch acceleration insofar as s~ch .equireme+~t be in addition to Ihe me?e exercise of any remedy effwded in this Note or ihe instEtution of suit by the fi:en holder. Bank shsll have, but shall no1 be limited to, the folfowing rioh~s, each oi which msy be exercised st eny time whether o~ ~+of this note is dur (i) to pledge or transfer rhis ~ote and the Collateral and Bank shall thereupon be relieved of all duties and responsibilifies hereunde~ end relieved from s~ and al! liabitity with .espect ro any Coltateral so p~edyed o~ tro~sferred, and any pled9ee o? trans- - ~ feree shall fw alt purposes stana ~n the place of Ba~k hereunder and have all the ~iflhrs of Bank hereunder; (ii) to trsnsfer the whok ~ or any pan of the Collareral into ~he name of itself or its nominee; (iii) to vote the Collateral; (iv) to nctify the Obligws of any Col- lateral to mske psyment to Bank of any amounts due or to become due thereon; (v) io demsnd, sue for, coI1M, w make any tompro- ~ miie w settlement it deems desiroble with .eference to the Collateral; and (vi) to take control of any praeeds of Collateral. Bank is hereby given s l+en upon and a security interest in aH property of each Obligw now or at any time hereafier in the pos- session of Benk in any capscity whatsoever, inclvdinfl but not limited to any balance d share of any deposif, trust, or aqency eocounf, - as the security for the payment o~ ihis rate, and a similar leen upon snd securiry i~teresl in all suchpr operfy of each Maker as secvrity for the psyment of a11 other liabilities of each Maker to Bank (includinq liabilitiei of erch Maker and any other psrsonj; and Bank shall S= have the same rights as to such property as it has with rospect to the Collateral. ~ If Bank dcems itself insecure w upon the occ~~rence of any default hereunder Bank shell have the foreclowre end other rert~ediss p of a secured party'under the Unifwm Commercial Code. o? other applicable lew snd, without limitiny the 9enerality of the fae9oi~p, ~ Bank shall have the right, immediately and without further. adion by it, to set off aqeinst this note all money owed by 8ank in eny q- ~ pacity to esch w any Maker; and if such set off shall occu~, Bank shall be dcemed to have exercised such right of set off snd to haw ~ made a charge against any such money immedistely upon the occurrence of such defauh even thou9h such charpe is medt or enterod ~ on the books of Bank subxquent thereto. Unless the Colteteral is perishable w threatens to decli~e spsedily in velue or is of a fype customarily sotd on s recoynized marker, Bank will 9ive Maker reasonable notice of the tirt+e and place of any p~blic sak thereof or of ~ tfie ~ime after which an~ private sale or any other intended disposition thereof is to be msde. The rcquireme~t of reasoreable noY~ce slull ~ be met if svch notice is mailed, postage prepaid, to any Maker at the address qiven bslow or st any other sddress shown on ths nt- ~ ords of the Bank, at least five days before the time of the sale or disposition. Upon disposition of any Collaterel sfter the occvrn~ce of any defavlt hereunder, Maker shall be and rema~n liabte for any, deficiency; a Bank shall aaouM to Maker for sny surplus, but ~ ~ 8ank sha!I have rhe right tp apply all p any part of such surplvs (or to hold the me ~s a reserve sgainst) any snd sll other liabilitiss ~ of each w any Maker to @~~k - ; ~ No delay or omission on the part of Benk in ezercisi~q any ri9ht hereveder tha11 op~?~t~ as s waiver of svch ri9M w of any otMr right under this note. ?resenlment, demsnd, protest, notice of dishonor, and ~xt~nsion Of lime without notice are hereby waived by ~ esch and every Ooligor. Ths Obliyo~s, jointly and severally, promise and pr« to pay alt costs of collection and re~sonable attormys ~ fess (not tess than 10% of rhe principal svm) incuned o~ paid !fy Ba~c i~ enfacirq this note upo~+ tM occwrerKe oe ~ny d~f~ulf. Any notice to Make~ shall be sufficiently served for all pu?poses if kh upon o? pleced in ttN msi~. postaq~ pr~paid, sddr~ssed fo tM ~ p~emises at the address shown betow w any other addreu shownio~ Bank's records. ~ Whereve. this note is executed by a co-msker or e~do.ser who is the wife of a maker or endors~r, tM said wiis do~s htroby ~x• pressly xknowledpe the w~th~n debt ss her joint and individwl debt. ; *"r', :Ej . f • 3 ,i Exh of Maker acknowledqes receipt of a completed copy of thls N on tbe above ~at~. : ~s ~wd~es::_ 1R0S S~,srtt~i F31vt1. J~~~~L " i ~ - - - - - _..__--CI~- - ~~u~+ar, . ~ _ : : ~ ~ ~ A . ( ~ 60t,t( FAGE ~ -'12 ~ ~ ~ - ts..~~ _ ~ ' . . ~ . - - - - ~,n.,~ r>> , .