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HomeMy WebLinkAbout0225 ~ ;1. _ ' ~ T~tt1 r ~ A f :':S 1C i~,•; , i ~;C ` INfTAILMENT NOTE BANK NAME (SltYl~d sed Unwcur~d) ~ ;~•~,~d ~ :'s, .~~ns~n f~ec~ch, Fi~~r~1~'~ ~ .~t~_iC-- ~ ~~%1 _ ~T.. ~w: - LOCATipN - No1~ NO. , ~al~d: ~C t_.=-=i---~ 19 _ 7!~ loan Tamt: ~ . ProcMdi = , 33-I . $1XCYTi~Q~ }•~nL~iS NNANCE : n3(j_,_4~"-- - . . . _ . . CMAROE after dale the ur~dersigned, here~nafter catled Make~, ~o~ntly and severdlty Docum~n~ary i. . prom~se(s) for vaiue rece~ved lo pay to the order o~ the Bank, at ~ts otfice Siamps as i~sted above the sum o~ (total ot payments) Credit lih (or Lifs ~ ~t~!_ TtiQ!.!S;~?~n _NIi:K Hi1N~u~ 0 S4VFNTY-t~'tE~ ~~D :'.•'1I30"? a ~s~ebiuH~ i~s.s . . - - _ _ . Othe ( em~ ) . . . . . ° . . . Doli~n r if 't~ ~ wiM inttnst therton ~t Ih~ rate of .~l.',il'1 % per ~~n~m. etl a ~ble in i . ~ monthly installmertts of = ~Q esch on tM ~ T~ day of = . . e~ch sua~ssive month commencinp on F t,' . 19 . royerher wnh = a BALLOON PAYMENT OF N(}«G pve _ X. ~ ,~p AIMOUNT ; . FINANCE~ i . . 3.:`, . A fins computed at the rate of s.05 per s1.00 a+ each insial~men? ~n defaulr (o. ~wrot~ly collec~ed a p~riod in exceas of 10 days may be charged ehs Make?. No s~ch ~ine iha11 exceed SS.00. Make~ is requirsd to par sll cos~s of collecrio~, includ~nq a reasonable attor- charQes (itemi=e) s_ ^ nsy'a fse if refe?red for coltection w lefla~ proceedinqs. All paymcros, wheMer p.in- cipal, interest w olhe~wise, not ?eceived when due sh~ll bear interes~ et 10°~e per i annvm from du~ date unt~l pa~d. At1 paymen~s msde hareunder sha11 be c.ed~red ANNUAL 'ERCENTAOE RATE ~j{, first to inte.e~t, then to lawful charqea then accrued, and last ~o p~~~+cipal If tM loan is prepaid in iull. acce~erated or ?e~insnced, the Make. shatl as of tha date of svcfi ~vent receive such .efund of th~ un. earned pwtion of the credit lile insursnce premium and finance cha~ye and such o+her credit as may be requ~red by Isw w es may bs necessa~y to svoid vsury, provided thet the Holder msy retain a min~mum f~nance charqe oi s25.00, whether a not otherwise earn~d, •nd except in the csse o1 s rei~nanciny, no f~nance cnarge o• o~em~um re~und shsll be msde if it amounrs ~o less than t1.00. Re~ent~on of any m~n~mum finance shstl be in addit~on ~o serv~ce c~arqe ~f any Any lang~afle etsewhe.e herein to the conrrary notwithstandinq, nsithe? 8a~k nor any holder hereof shalt receive or re~stn any charge o. inrerest not allowed by law. As setvriry io? the payment of this note Make? has p~edged o? deposired with Ba~k the followi property: ~va`~ ~'~!~l~ 1 Y l`~~C~ ---t ra,~~~~-est i n. 7et_pt±~~.- Reaf Cond. I, t-e4flrc;ed i s~ e2. :.Cc:k ~5~1, i~~c3e c93I -,~i t r.e~k - ~ - - . - . . . . : . . . . . . ..._:7__jn CQr~d. .C-14, ~pt. 'vo C~14 as ~escrib~~ in saicl mor*~a~e. . . . - - - (includinq ell cssh, stock and o~her drvider.ds a~d a11 rights to subu~~b! ~O~ SKUntilS ~nc~dent to, declsred or qranted ~n connect~on w~th such property), which p~operty, togerner w~th ali addif~ons and subst~rut~ons hereafter p~edqed w deposited wirh Ba~k ~s calted tAe Cof- lateral. The Collate.al is also ptedged as secur~ty for alt o~~+e. I~ab~6ties ~o Bank. (pr~mary, secondery, d~rect, ca+t~nqem, so~e, ioint or several), due or to become due or wh~ch may be he.eafrer contracred or acqu~~ed, of each Make. (or of each Maker and sny other per- son). The surrender of this note, upon payment o• otherw~se, sha!I not afFect tFe right of Bank to re~a~n the Colla+eral ior s9ch other liabilities. CREDIT LIFE AND CREDtT IIFE d. ~ISABILITY INSURANCE ARE VOLUNTARY laND NOT REpUIREO FOR CREDIT. $uth insu?snce coverafle is sveilable at the tost desiynated betow for rhe rerm of ~ne aed'u: (a) S f.IlEQ.~~_:~F~,~~~~ Cr it life :n- surence (b) S----..-- . for Cred~t L~fe 3 Oisabllity ~r+surarie~:lUCit ~~U,yTf flA. Check - RO,~ ? ? Appl. p Credit life Insurance is des~red on rhe I~f~ of CLEB-k-"s' J~T~AS . _ . . _ _ _ . ~ ,G'~?T CL`UltT- 8ox _ Bi?thdate _ _ _ PEC4Ri) VFi7'FtE~ _ - . . ..._`~!~!e~ww..~------ ~ Credit life 3 Uisability Insursnce is desired on _ _ . t2 4rPN~'~6----- - _ - . Birthd~te . _ .b Credit Life snd/or Disab~l~ty Insurance is not desired. , . - - - . D~r~: ---~k~.- Z-~,.--:yT ~ S~y~aru.e . - _ :l--- - --t ' - "~t•thOrv ! . 'ai 1~ pr Siflnatvro . x~~r--l.s~~•.ti-t ~ i1,''~-'~'~C -'-..~---_C~C31^p~.3 r; , ~ ~ !'t' Addrtions to. reductions o~ exchanges of, o. subst~tuNons for ~he CoUateral, payme~ts on account of this loan or increases of the s~me, or other Iwns made partiatly or who~ly upon tl,e Col!ate.al. may from time to time be ma~e without sffectinq the provisions of this note. Bank shall exercise reasu+able care in the custody snd p-eservatio~ of the Cotlatersl to the exrent required by eppliubl~ st~tute, and shall br deemed to have exercised ~easonab~e care if rakes such scrion for thar pu.pose as AAeker shsll reasonaWy request in writiny, but no omiu~on to do any act r.ot .equested by Maker shait be deemed e fa~lure to e:ercise reasonable care, snd no omis- sion to comply with any requsst of Maker shsll of itself be deemcd a failure ro excrcise ?easonable care. Bank shall nor be bound te teke any steps necess+ry to prese.ve any rights in the Collate~al aqainst p.ior parties and Maker shsll take a!I necessary steps fw such ''I purposes. Bank or its nominee need not collect interest on or principal of a~y Coltare.al or give any notice with respect ro it. - If fhe ~ollateral shall at any time become unsatisfacfory to Bank. ~dake? shail within o~e day after demand pledfle and deposit with Bank ~s ps?t of the Coltate?sl sdd~t~onal p.ope.rv wh~ch is sarfsfactory to Bank- If Bank deems itu~f insecure, or upon ti,e i,appening of any of ~he foltowing ever~s, each of which shall cw+st~tute a defav~t here- ~ urKler, all liabilities of each Mske? to Bank sha11 ~hereupon or therea(ter, at the option of Bank, wifhout norice or demand, become due and payable: (a) the fa~ture of any Obligor (wh~ch term shall mean and include esch Maker, endorxr, surety, and 9uarantor oi this , note) to pe?form any ayreement hereunder, to pay interest hereon within ten days afre. it is due, or if there be no due date, affe~ it is billed o~ otherwise reqvested or demanded, to pay sny other !iabiliry nrhanoever ro Bsnk when due: (b) the death of ~ny Obliqor; (c) the filinp of e~y petit~on under the Bankruptcy Act, or sny similar federal o? state etatute. by or aysinst any Obligw; ~n applice- tio~ fw the appointment of a receiver fw, the making of a general assignment for the benefit of creditws by, or the insolvenc~ oF sny Obligor; (e) the entry o( a iudqement egainst any Obtigor; (f) rhe issuing of any attachmenr or qarnishment, or the filing of eny lien, against any property of any Obi~gw; (g) the tak~ng of possess~on of any substantiat part of ~he property of any Obliqor ar ti~e ins!snce of any flovernmentsl authority; (h) the diswlutio~, merger, conwlidarion, or reorganizarion o( any pbliqpr; (i) the assiqnmen: ey any Msker of any equity in any of the Coltateral withovt the written conunt of the Bank. Each Obligor hereby waives eny repvirement of notice or demend reflecting s~ch acceleration insofar as svch requirement be in addition to the mere exe?cise of sny remedy af/wded in rhis Note or the insritution of su~r by fhe then hotde.. Bank shall heve, but shall nor be limited to, the following riohts, exh o4 which may be exercised et any time whefher or not this note is due: (i) to piedge or rrensfe. this note and the Coflate.el and Bank shal! thereupon be relieved of all duties and responsibilities hereunder and relieved from any and aI! liabif~ty w~th .espect to an~ Collateral so p~edQed w trsnsferred, end any ptedqee w trans- feree shall for aIl purposes stand in the plsce of Bank hereunder and have all the ~~qhts of Bank hereunde?; (ii) to tr~ns(er the whole w any part of the Collate?al into the name of itself or its nom~nee; (ii~) ro vote the Collateral; (iv) to notify the Obtigors of any CoI- ~ lateral to make payment to Bank of any amounts due o? to become due thereon; (v) to demand, sue fw, collect, or make any compro- mise or setilement it deems desirable wirh reference to the Collateral; and (vi) to teke control of any proceeds of Collate~al. Bank is hereby gfven a lien upon snd a security interest in all p?operty of each Obliyw rww w a+ any time hereaher in the pos- seuion of Benk in e~y cspacity whafsoever, includiny bw ~ot lim~ted to any balance or share of any deposit, trust, w ayency ecco~nt, as the security for the payment of this no~e, and s similer lien upon and secu~ity irtterest in all such properry of each Msker as securiry fq the psyment of all other lisbi?ities of esch Maker to Bank (including liabilities of erch AAaker tnd any other person); and Bank shall have the seme ri9hts as to such property as it has with respect to rhe Collaterat. If Bank deems itself insecure or upo~ ihe occurre~,ce of sny defav~r hereunder Bank shall have the foreclosure and other remedies ~ ~ of s xcured party under the Uniform Commercial Code, or other applicable law and. withour limit:ng the generality of rhe forepoing, ~ Bank shal~ have the right, immediately end without further ection by it, to set off against this note ail money owed by Bank in a~y u- pacity to each or eny Make?: and if svch ut off shall occu., Bank shall be deemed to hsve exe?cised s~cfi riqht of set off end to have ~ made a charge against any svch money ~mmediately upon the acurrence of such defau~t even thouqh svch chsrge is made or entered on the books of Bank subsequent thereto. Un~ess the Collateral is pe~ishable or th.eetens to declin~ speedily in value or is of a type cus~omar~ly sold or+ a recognized me.ker, Bank will give Maker reasonabfe ~+otice of the time and place of any pvblic sale thercof or of the time afrer wh~ch any pr~vste ssle or any other intended dispos~tion thereof is to be msde. The requirement of reasonable notice shsll be met if s~ch notice is mailed, postage prepaid, ro sny Maker at the address give~ below o? at any othe. edd.ess shown on the rec- ords of the Bank, at least five deys besore the time of the sate or disposit~c+n. Upon disposition of any Collateret after fhe acurrence of any default hereunder, Maker shall be and rema~n liab!e fo. any deficiency; and Benk shall eccount to Make? for any surptus, but Bank shall have the right to apply all or any part of s~ch surplus (or to hold the same as a reurve syainst) any and all other liabilities of exh o. sny Maker to Benk No delay or omi~sion on tF.e part of Bank in exercising any ri9ht hereunder shsll operste as s weiver of svch ri9ht w of any other riyht under this note. Dresentmem, demand, protest, notice of dishonor, and extensio~ of time without notice are hereby weived by esch and every Obliyor. The Obliflo~s, jointly end xveralty, prom~se end aqree to pay ell costs of collection and reasonable attaneys' fees (not less lhan 10% of the p~incipal sum) incuned o. pa~d by Bank in enforuny ~his note ~pon the occurrence of any default. Any notice to Maker shstl be suff~c~enrly urved for all purposes if left upon or placed ~n ~he msil, posraqe prepaid, addressed to tM premises st the address shown below w eny other eddress shown On Bank's records. Wherever ~his nore e:ecured by a co-make. w endorser who is the w~fe of a maker o~ endorser, the said wife does hereby ex- pressty a~knowledye the w~thin debr as her jant sr?d ir?dividusl debt. Eech of Maker ackrwwledyes receipt of a completed copy of ~his Note on the sbov~ dste. , . : Addr~ss• ~ z~ ~ . ' %i ; . . . _ - ~ ~ - ~ ~ - ..~.~3; -,~--~7? . - ~ - cs..n :~Siar:ti, Fl. 33~55 ~ _ . _r RNTn~Ny r~iu~t2 . , . c n . . ~ ,i* + Sea - - Fe~ , ~LG~~~:--f~~Lf ~~G~J... ;'~r~,!_; . -.--~~~'J~r----.i.