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Home My WebLink About0086 . 1 tt;c±3 ? z:~;;~_:t i i:ci~ i: INSTALIMENT NOTE ~ Y HANK NAA/E (S~cund Md Uf1N~Vf~1~ _ : ux~r:~~T_'ei.zl St . , .IP3+:3~s:1 :?~.~Ci1, 1~'l0: z:-1.~ p~~ e .r~ 19 $1 : 19, 4i~. ~30 _ . ~ LOCAT~C)N Not~ No. _ _ Dat~d: . n' . i ~ ~ lw~ T~rms: ~ ; . - 1 Z 3oa . , - ProtMds = e.....---'•~Q- _ ~ 1~ ~ FINANCE ~ ~ . . Y ~~Q} '.~Dt1t?::3 . CHARGE _ - --•-311~6,_~.. - . atter date the unders~gried, here~nafter called Maker, ~oi~tly and seveially Document~ry i ' promise(s) for value rece~led to pay to the order ot the Bank, at ~ts off~ce Sumps as listed above the sum oi (totai ot payments) /~_n Credit life (or lif~ {^JW~r~u=t~~i~R~. 31~t~ ~ S~~~ti IT1.~''~ ~~1'~ A.~~~Q~OIZ V V d. Disability) Ini.= ,_M __.__~~_..__.._.~_....N~...,..__.~_..__~...,_._. - Dollars ahsr (itemi~f) - - _ . _ _ . with iMerest thereon s~ ~he rete oi ..~Q ~~Q 96 per a~~um. all payable in ' ~ b3 rt~thly instaliments of s 2'~~• ig eech o~ ths day of y ~ n9 0~ ! ` ~L' . 19 / _,~j , toqether wi~h ~ esch suaessive month commenci = - . ~ - _ a BALLOON PAYMENT Of S . _ . . _ ~.~s I?rMOUNT , , ~ ~ . 19 . . . FINANCED s 3~4 , i~~ ~ . ..__--r-•---- . A fins computed at the rete of f.05 per 51.00 0~ each instal~meM in de(eult for ~~~~~~~Y ~oll~tted a period in ~xcess of 10 days may be charged the Meker. No such fi~ shall exceed ~~~s (;lemize) : ~ =5.00. AAaker is required to pay alt costs of collection. irxludinq s reaso~able ~ttor- ney's ~ee if reisrred fw collectio~ w legal proceedinfls. Alf payments, whether p~in• ~ cipel, interest p otherwise, not received when due shall bear interest at )0°,~6 per ennum from d~e date until paid. AI{ payme~ts made hcreunde? shall be c?ed~ted ANNUAL PERCENTAOE RATE _.1~ ~f ~ first to interest, then to lawful charges then accrued, and la:~ to principal. ~ ; !f the toan it prepaid in full, accelerated or refina~+ced, ihe Maker shalf ss of the date of such event receive such refund of 1M un- ~ earned portior+ of the c.edit life ins~iance premivm and fir.ence charge end such other cradit as msy be required Dy law or ss may b~ naces~ary to svoid usury, p~ovided thst the Ho~der may ret~~n a min~mum finance charpe of i45.00, wh~ther or not otMrvvise earewd, ~nd except in the case of a ref~nandn9, no finance charge or premium refund shall be mede if it ~mounts to less than ;1.00~ Rtt~ntio~ of any minimum finsnce shall be in addition to serv~ce charqe if any.-Any ls~qupe elaew4ere M~ein to tha tontr~ry noMithstandlnq, r?either Sank nor any hoider hereof sha~l receive or retain any charqe or interest not allowed by law. ; As security fa the paymero of this note Maker hss plcdqed w deposited with Bsnk the fo~llowinq prop~rty:A_.~.•_~5~6$ .t~1V~C~ ~ l~t.'a~^t~`~t 111~ ~ .._'turtl~..~f _i~t~ .r~ r!K! ~,L.---~~v-._~1_.~ Z7~~ ~1 .~C~l~O . 3.4 ~_a?~356 in C~a1.~. C 1'] .Apt. '~c~. CLI7 as c"~~------- .sai,d~- •---~~e•- ~ '-'--1"-- - ' . _ I . . ' " . . . ' (includiny all cash, srock and oti,er div~dends and aN ~ights to subscribe for securities intident to, declared or qranted in ca+nection with s~xh property), which prope?ty, together with ali add~t~ons and subsritu?ions heresfter pledged w deposited with Bank is calted the Col- laterot. The Collateral is also pledged as security for aI! otner liabil~?ies to Bank, (primsry, secondary, dirett, contingent, sote, ~oint a ~'i~ u' ~ w"' ' u.•~ af~~ n~.a~._~,~a ar~.. .u1 n/ ~a:i. 4aL~ !iv n{ ~r/~ Ma4y ati1 anv nfirr tir. 'so~a:o i. ~i~. ' C. '.^.3~ . . _ ~ ~ • son). The surrender of ~ffiis note,.uport payme~t or otherwise, shall not affetl the right o( Benk to retain the Collateral for such otMr liabilities. CRE~IT IIFE AND CREDIT IIFE 3 DISABILITY INSURANCE ARE VOLUNTARY AND NOT REQUIREO FOR CREOIT. 5•.xh insur~nc~ coverape is avatlsbie et the cost desiqnated betow for the term of fhe credit~ (a) 3 for Credit Ufs In- suraote (b) S . . fw Cradit lifc 8 Disabiliry Insu?anct: Check Appl. ~ Cred~t life Insurance ~s desired on the life of _ _ . . . . . . _ - ' Box _ - - - - _ _ Birthdate - - - - p Credit life ~ Disabilcty Insurance is desired on _ " } _ . _ _ r - - _ _ . . . . - Birthdate - - . . - . - • i ~ Credit life and/or Disability Insurance is not desired. _ _ _ _ _ _ ~ ~ . Dsie: ~_":s~ ~':t. ~ b 5~ nature t c-c_ s~.i-~f --J3i~S D. ~Z}X~ - - fl .1 --?'i_--`-'-"- d _ . _ _ r--~ ' - Siynature G~._:--~--- . _ ' --$J a7..ci A r Q"~1'~E'.tt ~ Additions ro, reduct~onz or ex:F.anges of, or subst~tuNons fo. the Collateral, payments on account of this loan or increasss of ths . ~ ume, or other loans made part~afly or wholly upon the Coilateral. may from tirr~e to time be msde withovt~ affectinq the prwisior+s of this note. Bank shall exercise reasonab~e care in the custody end prestrvatfon of the Gollateral to the extent required by ~ppliubl~ statute, and shall be deemed to have exerc~sed .easonab~e ca~e tf ~t rakes such action fo. thst pu~pose as Maker shall reasaubly request in writing, bu~ no or.+iuion to do any act nor requested by Maker shall be dcemed a fa~fu?e to exerc~se ressw+able care, and no omis- sion to comply with any request of Maker shell of itselF be deemed e faiture to exercise reasonable care. Bank shsll not be bound fo take any steps necessa.y to preserve eny r~ghts in the Collateral against priw parties and Meker shall take all neosssary steps fw s~ch pu~poses. Bank or its nominee need not collect inseres~ o~ or princ~pal of any Colfatera! o~ give any notice with respecf to if. ; i If the Coilaterel shall ar any time become unsarisfadory to Bank. Maker shail wifhin one day after demand pledpe and deposil ~ with Bank as part of the Collare.at addit~ona~ p~operty which is sarisfactory to Bank. ~ If Bank deems itseif insecure, or upon the happening of any of rhe following events, each of which shall constitute a default I~ere- r under, alt Iiabilities of each Maker to Bank shall tfiereupo~ or thereafter, at the option o1 Ba~k, without notice or demand, become due j i and payable: (a) the failure of any Obligo~ (which term shall mean a~d i~clude each Maker, endorser, surety, a~d yuarantw of this ~ f nole) to perfarm any agreement here:?nder, ro pay interest hereon w~thin ten days afte. it is d~e, or if there be no due date, after it ~ ~ is bElled or otherwise requtsred or demanded, to pay any othe? tiability whetsoever 1o Benk when due; (b) the death of eny Obli~; ~ ~ (c) the iiling of any petition under the Bankruptcy Ad, or any simitar federal w stafe statute, by or ayainst sny Obligor; an app ica i tion for the appointment of a receiver fo~, the making of a ne.el assignment for the benefit of creditas by, w ihe insolvancy of amr ~ ` Obligor; (e) the entry of a judgement egainst any Obligor; (~the issuing of any attxhment or ga~nishment, w fhe filiny of a~y lien, ~ against any property of any Obli9or- (g) the fak~ng of possession of any substantial part of the property of sny Obli~ot ~t the instante ~ of any governmental authority: (h) the dissolut~on, merger, consolidat~on, or rewganizatio~ of any Obliqor; (i) the assiy~ment by sny Meker of any eqvity in any of the Cotlatere~ without the written consent of tbe Bank. Each Obligw hereby waives sny requirement of ~ ~ noti~e or demand reflectinq such acceleration insofar es such requirement be in additio~ to the mere exercise of any remedy sfforded in this Note w the institution of suit by the then holder. ~ Bank shall have, but shail not be limited ?o, the foliowing riahts, each ot which may De exercised at any time whethe~ or not fhis = note is due: (i) ro ptedge or transier +his note and the Coilateral and Bank shalt thereupon be relieved of all duties and responsibilities ~ hereunder and retievcd irom any and ef! liab~l~ty with respect to any Collsteral so pledyed or transferred, snd any pledqee or trem- K feree shall for alt pu?poses stand in the ptace of Bank hercunder and heve ell the rights of Bank hereunder, (i~ fo transfer the whole ~ or eny part of the Collaterat into the neme of itself or its nominee; (iii) to vote the Collateral; {iv) to notify.the Oblipors of sny Col- lateral to make payment to Bank of any amounts due or to become due thereon; (v) to demand, sue fw, collect, or make any compro- , mise or set:ternent it deems des~rable with reference to the Collateral; and (vi) to take control of any proceeds of Collsteral. ~ ~ Bank is hereby given a lien upon and a security iNerest in sll p.operty of esch Obliyor now w at eny time heresfler in the pos- ~ ' seuion of Ba~k ;n any capacity whatsoever, irxluding bvt not limited to any balance or share of any deposit, trust, orpe ~cy aaount, ss the security 1or the payment of this note, snd a similsr Gen upw~ and Security interest in all suthpr ope?ty of eaCh Malcer as security fa the payment ot all other liabilities of exh Maker to Bank (indud~ng IiabiGties of each Maker end i~y other perso~); end Bank shall ~ - have the seme rights as to such p.operty as it has with respecl to the Collateral. ~ If Bank deems itself insecure or upon the occurrence of eny default hereunder Bank shatl h~ve the foreclosure snd other remedies ~1 ~ of a secured party under the Uniform Commerual Code, w other applicable Iaw and, without limiti~ the Qenerolity of the foreyoinq, . a Bank shall have the right, immediately end without further acteon by it, to set off aqainst this note al money owed by Bank in any u- :f pacity to each or any Maker, and if such set off shall occur, Bar.k shall be deemed to have exercised such riyht of ut off and to have made a charge against any such mo~ey ~mmediately upon the occvrrerxe of such defauN even thouyh s~ch charqe is made or entered ~ on the books of Bank subsequent thereto. Unless the Colletersl is pe.ishable a threatens to decline speed~ly in valw or is of a typ~ customsrily wld on a recoqnized marke~, Bank will give Maker reasonable notice of the time and plsce of any public sale thlFeof a of the time after which any private sale or any other inttndtd dispos~tion thereof is ro be made. Ths requirement of reasonable notice shall be met if such not~ce is ma~led, postage prepaid, to any Maker at the address qiven below w at any other address shown on the tea } ords of the Bank, at Ieast five days besore the t~me of rhe sale or d~spos~+ion. Upon disposition of any Collateral ~her the occurrence of any default hereunder, Maker sha11 be and rema~n liabie fw any deficiency; and Bank shall account to Maker for sny s~rplus, bu1 Bank shall have the riyhr to apply ali or any part of s~?ch surplvs ~or to hold the sar»e ss a reserve a~sinst) any snd all other liabilities - of exh or sny Maker to Pank. ~ - ~ No delay or omiss~on on the part of Bank in exercising sny r~ght hereunde? shall operate as a w~iver of s~ch ri9ht or of ~ny other right under ~his note. Presenrmenr, demand. protest, rotice oi dishonor, and extensio~ of time without notice are hereby waived by ~t~ esch and every Obligo.. Ti:e Obliqors, jo~mty and severelly, promise end ayree ~o Wy ell cosfs of coltectio~ and reaso~able aftwneys' r fees (not less then 1096 of the principal s~m) ~r~curred or paid by Bank in enfwcirq this note upon the oavrrence of any defsvN. - c Any notice to Maker shatl be sufficientty served for all purposes if leh upon or plated in ths m~il, postape prepaid, sddrtssed to tM prer~ises at the eddress shown below w any other. ~ddr~sf shown on Bsnk's rloords. ~ VYherever th~s nore ~s executed by a co-maker or tndwMr who is the wife of ~ make~ w aodorse?, the said wif~ do+s Mnby bc• - pressly ecknowledqe the wifhin debr as har joint ~nd ~ndividwl debt. ~ Esch of Meker acknowiedyes receipt of ~ complsted copy of thia NoM on tM abov~ dat~. _ . ; - 'x ~ _ , - ; Address: 1.~_26 ..i:.1.`~i - - - - - y"'~'csl°"'"~t%_.__ 'dE' - ~-,--4 ~ . ~ ~ ?~.r'~jC~ , r'l~ri~3a - 335•'+'J .T.',L"t~sai D. ~r~e ` ~ ~ ,a J " ~ ~ - ' ~ . . .~.~r_.. ~ . w~.~~l~~_. . ~ . ~ -r . ~ ~ - x~ ~~-,rr,at-t l~r~~C Mr.F n