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'I[JR'i'L6 ~CX~.., II~JI~. INSTAIIMENT NOTE '
• BANK NAME ~ I~Yf~ ~Ild UfINtYf~
_'.O. !3G1}C 618. .TIId.S~N 1~~~1c:ti, FL. Dw: ' t~ 19 __~1_ _ ~..6~~.J4 '
LOCATION
NOf~ NO. Dabd: N[lV. Zl~ ~ ~O loan T~rmt:
Vrot~ads i ......~QQQ..~Q~..._. ~
i1NANCE i .........$,~~~Q._.... .
~ - ~-------~~--1~ ._~60~ CM/?ROE ~
after date the unders~gned, hereinafte~ catled Maker, jo~ntly and seve~ally pocvekn~~ry ,
prom~se(s) for value ~ecewed to pay to the orde~ oi the Bank, at ~ts otfice Sun+ps
as listed above ihe sum oi (totat oi payments)_ Crsdit Lih (or lih '
--~~.~~..~~r..~~~_.'~ll'Y-FIVE._ d~ DisabiUty) ins.i ~
Ofh~r (itemise) ;
• . . _ Ool~an t
with inttrat th~rwn ~t tM r~t~ of •--..~,QaQQ per anovm. ail payable ~n j
/ - ; 3 '
¢n.. rrsonehly insta!lrtsents of s ~.~.~=~5 aa:h az tha day af s :
_ • ~
e~ch suoces~iw month comrt?~nci^
~o~,?, : . _ . 19 , ~ , fOqell?~r with ;
• BAIIOON PAYMENT OF = ?`~?~`u~±.._... Oue . - X . 19 . ANIOUNT
•
fINANCEQ i 3sQQQ...~~.._..---- '
A fine tomputed ~t the ra~e of =.OS pe. i1.00 on exh ~nstaf~nsn~ i~ def~vlt tw ~~~~~~ly collected
a period i~ excess of 10 dsys rssay be charged the Maker. No such Iine shatl exceed
=5.00. Msker i: rcquired to pay all costs of collection, includinq s re~sonabl~ attor- ~h~'~s (itemi=e)
nsY s fee if re(e?red for collection a le~sl proceedirqs. All paymenrs, whe~he. p?in- _ ~
cip~l, inrorosf w otherwiss. not received when due shsll bear ~nee.es~ st 10°6 per i ~
a~num from dw date v~til paid. All payments msde kereunder shall be c~ed~ted ANNUAI PERCENTAGE RATE ~,Q_.., ~j(~ '
fint to interest, then to Iawf~l charges then accrued, and lai~ ~o p.incipal. ~
If the losn is prepaid in full. acceterated or refinanced, the Maker shall as of tAe dare oi :uch ~vent ~sceive such ?efund of th~ un-
earned portion of the cradit life insu?ance p+emium and fina?xe chsrge and such o~her credit as may be required by I~w a at may b~ a
~scessery to avoid usvry. p~ovided that the Hotder may ~etai~ a minimum f~nance ch~rqe of i2S.00, whether w not otF+~rvvlse earn~d,
and except in 1he case of e refinenc~np, no iinance cha~ge o. p~emium .efund shaH be made if it amounts to less than =1.00. Rtt~ntioe+
of any minimum iinsnce shall be in eddition to service chaiqe ~f a~y. Any lanquaqe elsewhe~e hsrein to the contrary notwithstandin4, ;
neither Ba~k nor any holder hereof shall receive w rerain any charqe w i~ferest not allowed by law.
As securiy fa the psymen~ of this nore Maker has pled9ed o. depes~~ed with Bsnk the ~ollow;np prope~y; A O.O7C)~~ l2tY.~~Y~ '
,
.~1..,.~.._~!,~'~.1.~ R~!e~-~.- -~~~~40~_ ~tl._4:~?.._ .~c_ ?~Ot_. Pzo~g_ 2931..._. tfi~t t~ks '
__51_. ~ci..52. in-Ooax3. C-17, Apt. _No. C~-17 as deacribed_ is~ ~aid. mcart~gaqe. _
(includinp all cash, st«k and othe. d~v~dends a~d a~l rights to subscribe fo? securities ~rx~dent to, decl~red a yranted in ca+nact;oe with ±
such property), which property, roge~her w+eh ati add~t~ans and subititutions hereafter ptedged pr deppsited with Bank is called the Col- ?
lateral. 1he Collate.al is atso piedqed as securie~ fo~ a~t othe? Iiab+l~ties to 8ank, (prima.y, secondary, direct, co~tinqent, sote, joint or
several), due o? to become due p~ which may be hereafter controcted or acqui?ed, of each Maker (or of eath Maker •nd ~ny ~ther per.
son). The surrende. of ~his note, upon payment or orherwise, shall not alfed rhe .ight~of Bank to retain the Coll~tsr~l for such otht~
liabilities. '
CRE~IT IIFE AND CREDIT LIFE 3 OISABILITY INSURANCE ARE VOLUNTARV AND NOT REQUIREO fOR CREDIT. Such insursnc~
coveraye is avaitable at ~he cost des~gnated bebw ior the term of ~he credir. (s? i . fw Gedit life In- ~
~ surance (b1 S . - . _ fw Cred~e li/e 6 O~ssbiliry Insvrarxe~ i
CF?eck i
Appl, p Credit ~ife Insurance is desired on rhe Gfe of . '
_ . . _
Box _ . - - ~
$ . . - - _ B~rthdate '
~ _ _ _ _ - ;
g , ~ Credit Life 3 Disability Insurance is desired on . - _ _ ~
~
" Birthd~te _
- - - - -
G O ~ . _ . ~
~n U ~ ~ Credit Liie and/or Disability Insursnce is not desired. _ _ _ '
3 ~e~. z~ ~~s~ x ~,i . : ' • . t
• Sipneture ,t ~~~-1-- A
- -
~ a 5 ' s~~~ar~.e _ X.~~~`'~`3~. 1~.--- C~~e He~en Dot~r.ina ~
Additions to, rcductions or exchanqes of, a substit~tions for the Collatersl, payments on attotint of this loan w intrNfes of tFN i
~ 3 ?
, or other lpans msde partially or whotly upon the Collateral, may from time fo time be made wifhout affectiny tM provisions '
~ g of this note_ Bank shalf e:ercise reasonable care in the custody and preservation of the Collateral to the extent req~ired by ~pplic~blt
N
C statute, a~d s~sll be deemed to have exercised ?essonabie care if it ~skes such action for that purpose as Maker shall reasonably reqwsf
- in writiny, but ~o omission to do any act not requested by Maker sha~l be deemed e faiture to exeruse reasonable c~re, snd ~o omis-
,n sion to comply with sny request of Maker shaU of itself be deemed s failure to exercise reason~ble cere. Bank shall not be bo~nd to
~ t~ke e~y s~eps r~ecessary to preserve any rights ii the Collaterel against prior parties and Maker shall t~ke all necessary steps for such
ec
i ~ purpoxs. Bsnk a its nominee need not collect inte~est o0 or pri~cipal of any Colla+eral o~ give any notice with respect fo if.
If the Collaterol shall ar eny time become unsst'sfaNOry to Bank, Maker shall within one day after demand pled9e snd deposit
with Bank as pa?t of rhe Collsterel add+t~onel properry which is satisfactwy to 8ank
If Bank deems itself insecure, or upo~+ the nappening of eny of the followiny events, each of which shall co~stitute a defa~lt he~a
j under, all liabilities of each Maker ro Bank sha~l thereupon or thereafrer, ar rhe option of Bank, wirhout notice or demand, become due
~ and psyable: (a) the feilure of any Obligor (which term shall mean arsd include esch Make., endorser, su?ety, end yua.antor of this
note) to perfwm any aq~eement hereunder, to pay inrerest hereon within ten days after it is due, o? if there be no d~e d~te, eher it
j is bilted or orhe?wise requested or demanded, to pay sny other lisb~lity whatsoeve? to Bank when due; (b) the death of a~y Obli~;
~ (c) the filinq of any petiripn ~nder eF+e Bankruptty Act, or any s~milar tederal or stste statute. by oray ainst any Obligp?; an app ics-
tion fo. the appointment of a receiver for, the meking of s neral assignment fw rhe benefir of cred+ro.s by, or the insolvancy of s~
° Obtiyor, (e) fhe entry of a judflement against any pbligor: (~the issuiny of any anachment w qainishment, or the filinp of u~y li~n
ageinst ar~y properN of a~y Obliqw; (gj the taking of possession of any svbstential part of the aoperty of any Obliqor at ths insts~e ,
of any governmental autho?ity: (h) the dissolvtion, mer9er, consolidation, or reorqanization of any Obli9or; (i) the assiynment by sny ~
Meker of any equity in any of the Collatersl withou! the written consent of the Bank. Each Obligor hsreby waives any ~eqvireme~t of
notice o? demand re(tecting such acceleration insofar as such requirement be in sddition to the mere exe?cise of any remedy ~fforded in
this Note or the institvtion of s~it by fhe then hotder.
Bank shall have, but shall not be IimiTed to, rhe followinq riahrs, each of which may be exercised at any time whether or nof this
nofe is due: (i) to pledqe w transfe~ this note and the Collateral and Bank shall the?eupon be retieved of all duties and responsibilities
hereunder and relieved from any and al! liability with respect ?o a~y Collateral so pledqed a frensferred, and aoy pledgee w trans-
feree shall for •II purposes stand ~n the place of Bank hercvnder and hsve all the ri9hts of Bank hereunder; (ii) to transfe~ the whole ,
a any part of the Collateral into the neme of ~tx~f or its nom~nee; (ii~ to vote the Collateral; (iv) to ratify the Obliyws of any Col-
lateral to make payment to Bank of any amounts due or to become due thereon; (v) to demand, sue for, collect, or mske any compro-
f mise or settkment it deems des~rable with reference to the Colfatersl; end (vi) to teke control of any procecds of Collaterst.
Bank is hereby yiven a lien upon and a security interest in atl property of each Obfi9or now w at any time hereahe~ in ths pos-
session of Bsnk in ~~y capacity whatsoever, inctuding but not limited to any bal~noe w share of any deposit, trust, waqe ncy aaovnt,
as the sacurity for the psyment of this nore, and a similer lien upon a?d securify interest in all suth propeAy of eeth AAaker ~s seturily .
for the peyment of all other Iiabitities of each Maker to Bank (includinq liabilities of erch Maker end aMr other person); ~nd B~nk shall
; have the same rights as to such property as it hss with respect to the Collateral. ~
If Bsnk deems itulf insecure or upon the xcur?ence of sny defsult hereunder Bank shsll have the foreclosure and other remedies
~ of a setured•party under the Unifo.m Commercisl Code, w other applicable law and, without limitinp the penerality of the fwepoirq,
~ Bank shatt have the ri~ht, immediately and withovl f~~ther action by it, to set off aysinst this ~+ote all money owed by 8eok in any u-
pac~ty to exh o. sny Make?; and if such set off shall occur, Bsnk shelt be deemed to have exercised svch right of set off and to have
; made s char9e against any such money immediately upon the aturrence of such default even thouph such charqe is made a entered
~ on the books of 8ank subsequent thereto. Unless the Collsteral is perishable w threate~s to decline speedity in value or is of a type
c~stomarily sold on a recoqn~zed marker, Bank will pive Maker reasonsble notice of the time snd place of any public ssle thereof or of
fhe time afte. which any private sale w any other inrended disposit~on thereof is to be msde. The requi.ement of re~sonebl~ notice shall
, be met if such notice is msiled, posraqe p~ep~id, to any Meker at the address yiven below or at any o?he. eddress shown on the rec-
~ ords of the Bank, st least five days beFOa ~he time of the sale or d~sposiric•n. Upon disposition of any Collarerel after the occurrence
i of any defsult hereunder, AAaker shall be and remain liable for any deficiency; and Bank shall acco~nt to Maker fw any surplvs, but
8ank shall have the right to apply sll o~ sny par+ of svch surplus (or to hoW the same ss s reserve afleinst) any ~nd •II other li~bilities
! of each or eny Meker to Bank. ~
~ No delay or omission on the pert of Bank in exercising a~y riyht here~nder ~hsll operate as a waiver of svch riyht o~ of ~ny oth~r
~ riyfit under thii note. Presentmenr, demand, protest, ~ofKe of dishonor, and extension of tims withovt not~ce are h~reby waived by
each and every Obliflor. The Obligors, jointly and severally, promis~ a~d pr to p~y ~11 cosfs of collection end re~so~?able attorneyi
fees (not less than lOX of rhe principal sum) incur~ed a paid by Bank i~ ~q this not~ upon tF~ occurrenoe of any d~hult.
~ Any no~ice to Nlaker shsfl be sufficiently served fw ~II purpose~ if I~k upa+ plac~d in tF~e-rr~il, postaQ~ prepaW, addrsss~d to tf+~
premises at the eddreu shown betow or a~y othe? addrtss shown on 8aek's r~cads.
Wherever this note ~s e:ecuted by a co-make. or endors~r wiw is the wih of a makN W~~dOrs~r, the said witt dws l+enby ~x-
p.essly xk~owl~dye thc within debt ss her ~ant and individwl debt. ,
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( Each of Maker sckrwwtedyes receipf of a corti~ieted cppy of this ~ on tha .~ov~ d~h. ; ti
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Address: - - - -----D- - - ' f _~~1 ! ~ .c' _ ~
. r- c~r_--~- cs..n .
' 24028 tk~ion'Ave. 400r~~ OA~ 8 A~ `~1:.~_ ,,~;'-rw,.-.,
~ fY ~
- - D03t'~O~l, ~G~l~t~Il ~ . ~ y ;~~~Q
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