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Home My WebLink About0218 JENSEN IIEACH B!?NK • iNSTAUMEN~ NOTE BANK NAME (SKYf~d •11d U/INCYI~in P.O. BOX ~7, JENSEN BEACH. FLA. 3345? p,,.; Sn~temharl ts _Z6_ t 1. T96. 88 . LOCAT ION August 2? 76 Lw~ T~rmf: Not~ No. D~te4 ~~9 Pr«e~ds i 1 Sls. ~0 e d ~ ~ T~veat four 4t Mont6s f~ 1A-'--- - ---•__.~__._--~----------~---i-:_._---• - CH RGE . . e~ZEi ~.ii2 tZiF ui:.'S~:i~y:w.'S. tit:~:ttd~~Lf CZl~t~ ~a.2!:t., ~Q.^~!~ 3..d ~~;a.311j M!~.....~w~~r }__.---•^~t'T. ~ W promise(s) for value rece~ved to pay to the order of the Bank, at its otfice Samps ~ as I~sled above the~um of (total oi paymentsj_.___..._.._._...._..._._ C~edit life (or lifs . Z6. 95 ~ One thouaan aevea hundred n~nety? •iz sn~ $BIIOb~ a Disabilityl_!~:•i ~ OtMr (itemiz~) ~ 9Z p OoU~n . - wlrr in~eresl tF?~rwn ~t tM nb d % pe? ~nn --~w----• .1 • uin..~ll Wvabls in - v~ ~.i =g. ~I ifL = r W n+w+thly inst~Ilm~~ts of 5----••------•------- e~ch a+ tM d~y °f LOAN FEES jS. ~ i ~ . t~ch successive mon~h com II0 nq on ~=a._~~~----_----• 19__Z~... toq~tMr wilh AMOUNT ~ a BALLOON PAYMENT OF IIe--.--•----------- 19 FINANCE~ s • • ~ 1 589 57 ' A tine computed ~t the r~le of s.OS per s1.00 on each inst~l!mant in d~(ault tor a t ~ period in excess of 10 days may be ch~r9ad the Nlaker. No s~ch fine shall exceed ~P+r~tely collectsd " j charqes (it~miZt) x ~ 1 s5.00. Maker is required to psy •II costs of collection, includiny a re+sw+abl~ ~ttw- a~ neys tee if referrcd fw colledion or lep~l proceedinps. All payments. whetf+~r prin- O ~ cipal, interest a olherwise, nol received whan d~e shall b~~r inter~sl ~t 1076 p~r i----•-.----_--- ~ ~ ~nrnxn irom due data un~il paid. All payments made hereunder shall be creditad ANNUAI PERCENTAGE RATEiZ' ~ ' ' first to i~terest, then to lawi~l ch~rpss lhsn accrusd, end last to p~incipal. • Ii 1he Iwn is prepaid in iull, acc~krated w reiinanced, ~he AMker shall as of tM d~te of s~ch ~w~t r~ceiw such retund of the u~- •~rned pwtion of the credit life insur~nce p~emium and finanu charpc •nd such ahe~ cr~dit ~s may b~ rpvind by taw a as may bt } necrss~ry to avo~d vsury, provided tMt tM Hold~r m~y relai~ a minimum iir?snce charq~ of s~S.OQ, whethe? or not olh~rvvise earn~d, and ~xcept in the case of ~ nfinanciny, no finanu char9e or p?emivm .~i~nd shall b~ mad~ if it amov~ts to I~ss th~n =1.00. R~tention of any minimum finance sh~ll be in ~ddition to service ch~rqe i( •ny. Any lu+puap~ e1t~wMr~ Mrein to tM oontrary norwithsundinq, ntith~~ Bank nor eny holdsr herwf shall reteive or retain •ny charq~ w inlerest not •Ilowtd by law. . As security for tM p~yment of this noN Maker hss pledped o~ deposited with 8ank ths folbwinp property; _ Mortgage - _Hane impraaem~nt (includin~ all cs~h, stock ~nd other div'~dends ~nd all ?i9hts to subscribe fw securi~ies incident to, declar~d or ~ranted in connection with such property), which Property. toqether wi!h ~II additions and svbitit~tions here~fter pled9ed w deposited with B~nk is called the Col- I~teral. The Collate.al is ~Iso pledped as sec~rity fa a~t other liabilitiss 1o Bank, (primary, iacond~ry, dirett, continpent, sole, joiM or sever~l), due w to become dve or which may be hereafter co~+tract~d w~cquired, of ~ach AMktr (w oi exh Make~ and ~ny oth~r per- son). The surrender of this note, upon p~yment a otherwise, sh~ll not ~i(ed tM ripht of Bank to retain the Coll~t~ral for iuch other ~ li~bilit~ts. ~ CREUIT LIFE AND CREDIT IIFE 6 DISABILITY INSURANCE ARE VOIUNTARY AIyQtNQjSREQUIRED FOR CREDIT_ Such insu?~nte ~ covc~afle is ~va~~le the cost designated below for the term of Ih~ credit: _.64~-`1------------_-----_-----.--~-- fa Credit tife lo- ~ surance (b) S---.e_~.------------------_--------------------- fw Credil li~e a a:.~i~~,, Insw~nce: . _ Check ST ; i - Appl. Q Credit life Insur~nce is desired on the life of •------•-----------------------------••---------------------._._~_;._-cr- Box l 'J - BiHhdete {j Credit life 3 Diaabi~ity Insurance ~s ~:~?~a Joo-Yeaig.Yia------- c----------------~---____-----^_ s~.,~.~e _ Febrnar~_6= _193T - p Credit tife and/or r~'sability Insurance is not desi~ed. ~~~~~~~~.t......~r ~ Au uat 2T 1976 = ~ • - ' Date: ------g-------------!------------ Siynatvre --.-JE~--~Oll~--~~!l------r----- UMENTARY STAMPS ATTACN~ Siynatur~ --------------=----!---------------------------•-~~}-{~RIGINAL NOTE ANO CANCEIIED ' i Additio~s to, reductions a exchanfles of, or substitutions fw 1he Collateral, peyments on aaoum of this loan or incre~us of the same, or other loans made partially or wholly ~pon the Collateral, mey from time to time be msde withovl affettinq the proviiiau ~ of +his note. Benk shall exercise reasonable ure i~ the wstody and preservation of the Collateral to the extent req~ired by ~ppliuble statute. end shall be deemed to hav~ exercised re~sonab~e cere if it takes s~ch action fw that purpose ~s Maker shall reasonabFy rpvest in writi~q, but no omission to do ~ny aa not rcq~xsted by Maker shall be dcemed • faiiure to exercise reasonabk c~re, •nd no omir sion to comply with any reqvest of Maker shall of itsetf be deemed a failvre to exerciie reason~ble c~re. B~nk shall not be bound to teke eny steps necessary to preserve any ~ights in the Coll~terel sqa~nst prior parties •nd Maker shall t~ke •11 necessary steps fa such purposes. Bank w its nominee need not collect interest on or principat of any Collateral or give ~ny i+otice with respect to it_ ; If tFx Cotl+tersl shall at ~ny time becorne unsatisfactwy to Bank, rl.aker shall within one day ~her demand pledy~ u+d deposit j with Bank as part of the Coll~teral sdditional property which is satisfactory to Bank. ~ If Bank deems itself insecvre, oriipon the hsppening of •ny of the followinfl events, each of whith sFull constitut~ a def~vlt here- i under, all liabilities o~ each AAaker to Bank shall thereupon a thereafter, et the option of Bank, withovt notite or demand, becorr+e due ; and payable: (a) the (silure of any Obliflor (which term shall mean and include eath AMke~, e~dorser, surety, and 9usr~ntor of this note) to periorm ~ny aflreeme~t F?treunder, to p~y interest hereon within tet+ deys after it is due, or if there be no due d~te, afie? it j is billed or othervvise requested or demanded, to pay ~ny other li~bility wh~tsoever to Bank when due: (b) the death oi any Obliqor: ~ (c) the filirp of any petifion under the Bsnkruptcy Act, or sny similar federal or sute statute, by ors~ ainst any Obliqor; ~n appliu- f tion for the appointment of ~ receiver for, Ihe m~k~rq of a 9 ner~~ assignmem fw the benefit of creditas by, or the insolrency of any f Oblipor, (e) the entry of a jvdflement ~qainst any Obligor; (fj the issuirq of any anachment or qarnishment, a the filinq of ~ny lien, ~ syainst any property of sny Oblipa; (y) the t~kinq of possession of any substantial part of the property of any Oblipw at the instance ~ of sny 9overnmental autho~ity: (h) the diasolutiw~. mer9er, consotidation, a ~eoryaniution of srty Oblipor, (i) th~ assipnme~f by any ~ Maker of any eq~ity in anY di the Coll~ter~l withw~t the wrintn consent of the 8ank. Each Obliyor hereby wsives sny requiremeM oi , notice w demand reftectiny such aculer~tion insof~r ~s such reqvirement be in addition to th~ mere exercise of ury remedy afforded in ~ thif Note O~ tFx institufio~ Of suit by ih! ihen holde~. ~ B~nk shall have, bvt sh~ll not be limited to, the followinq riohts, each of which may be e:ercissd N any time whether w no1 this ~wte +s due~ {i) to pledqe or t~ansfer this note and tFx Coll~teral and Ba~k shall thereupon be rtlieved of all duties and respons~bilNies ~ hereunder and relieved from sny end all liability with ?espett to ~~y Collateral so pledyed o~ transferred, •nd u~y pledgee or trans- ~ : feree shall fw all purposes stsnd in the place o( Bank heretrnder and have all the riyhts of Bsnk herevnder; (i~ to transfer the whole o~ ~ny part of the Gollateral into the Mme of itself or its nanince; (ii~ to vote the Coll+teral; (iv) to ~+otify the Oblipors of any Col- lateral ro'make pavmem to Bank of amr artwunts d~e or to become due thereon: (v) to demard, sut iw. col{e~t. a mak~ anY compro- ` mise or settlement it deems desirable with refe.ence to ~he Collateral; and (v~ to uke conrrol of ~ny p.aeeds of Cdt~terd. ~ ity interest in all property of each Obli9w now or ~t any time hereafier in the pos- ~ 6ank is hereby fliven a lien upon and • secur i session of Benk in ~ny capacify wh~tsoever, incivdirq but not (imited to any balarxe or shs~e d+rry deposH, trust, a ~e ncy aow~mt, •s the security for the pa~ment of this note, and • simil~r lien upon ~nd setvrity interest in ~II suchp~ operty of each Maker as set~rAy fa the peymeM of all other liabilities oi exh Maker to Bank (includiny liabilities of esch Maker ~nd irry other ptrson} and Bank shall - have the same ri9hts as to svch propeny ~s it has with rsspect to the Collater~l. If Ba~k deems itself i~secvre or upon the oaurrenoe of any defauh F?erevnder 8ank shall have the twecbsure and other remadies ~ of a secured party under the Unifam Commercial Code, a Wher •pplicable law ~nd, witlw~t limitinq the peneraliry of the fweqoinp. ~ Bank sh~ll have the riqM, imrtxdiately and witF?ovt fuAher scfion bY i+, to set off painst this nots ~I~ rtwr~y owed by B~nk ie?ar~y ca- ' pacity to exh w iny Maker; and if svch set off shall oocw, Bank shall be deemed to havt eaerased such r' M o( set off ~nd to have made • charqe aflainst ~ny s~ch money imrr~edi~tely upon the occurrente o( wch dtfa~h evsn thwph such ~rpt is mad~ a sntered ~ on the books of Bank subsequent thereto. Unless the Coll~tenl is perishabfe a threatens to decline s~xetlily in vdut or is of a type ~ cvstoma.ily sold on ~ recogni:ed market, Bank will yive AA~ker reasonable no~ic~ o( the time Md plw of arry public sak thereof or of • a the t~rtx after which any private sak or any other iotended disposition thereof is to be madt. TM rtqvirement of re~sor?abl~ notice shall ~ be met ii svch notice es m~iled, postape prepaid, to ~rry Make~ at the address qiwn below a N any other ~ddress shown on fh~ rec- i wds of the Bank, ~t kast five d~ys befo~e the time of the sale or disposi~ion. Upon disposition of any Coll~terd ~fier th~ oawrsoos ' of •ny default hereu+eder, N1~ker shell be and remai~ lisbk fw ~ny deficiency; and Bank shall aaovnt to Maker fot ~ny wrplus, MA Bank sh~tl have the ripht to ~pply all or ~ny pan of.such wrplus (or to hold the s~ms ~s a rsservs painst) any and ~11 other li~biliti~s of e~ch a~ny Maker to Bank. ~ No del~y a omissioa~ on the p~N of B~nk in exercisirq aqr riqht herev~de~ shall op~r~t~ as ~ w~ivp of sudf ?ipM a d~e~r dher ` ri9ht under this nota P~esentme~t, demand, prwest, notiu of dishonor, and e:tcnsion of time withaA notio~ ~re hersby waived by e~ch and every Obli9or. TM Oblqors, loiMly ~nd sever~lly, promiae ~nd pres to p~~ ~I) costs of colleclion and re~sonab~t ~no~nsys fees (nd kss tMn 10% of the pincipal svm) incwred w paid by Bank in ~niwcirq thi• note ~pon the oocwrcnoe d~ny d~fsuh. Any notKe to Maker sh~ll be svfficiently served fw all purposes if kA upan a plwd in tF~e mail, postape pr:paid, addressed to th~ piemisei ~t tM ~ddress shown below a any other address shown on B~nk's rscords. i Wherever this no~e is e:ecutcd by • comak~r w endaser who is the wile o~ ~ m~ker a endorser, the s~id wife does hereby tx- 3 pressly ~cknowledpe the within deM u her joim and individwl debt. - Each of 11Mker ~cknowledpes receipf oi ~ comp{eted copy of this Not~ on tF+e abov~ d~t . i 28Z4 Merrftt Terraee ~ ~-v ~ . • • ~ . -~..q ~ Addreu: ---~_-__~_..1.~ ~00 "FODg"Y . ~ . 'L Fort S~ Iucls, Fla. 334St - ~ , ~F-~•-~~------- ~ --_~c (3~+ _ - ------_____~M ~i~~"7SF_ n ¦ .