HomeMy WebLinkAbout0854 . . • T
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+ ` ~ Je~n~ Bsa~ct? Ha~c- . 'WfTAttMtNT NOTE
ANK NAME ~ ~
40 Oatmeu:+c3.a1 St~ Jaru~e~r? H~eiol~, P~o~+ic;ii 1', u~ p~ A.~t_ 2a 81 s~.283.~ _ .
I.OCATION .~r~r~
NN~ !N. Dat~dr 1! ~8._ t,o~n T~nnt:
h~, _ 1~ 791. Ot? ~
Si_~+c_ta,C._.~.60). Mant~l~!! - a~u?~ s _..._492.00 _
au?Ra.
aft~r date tFK undersigned. hereinafter w11ed MakK. jointly and severally DoaxeNnhry i.....i
promis~(s) fo~ value rec~lved to pay to ths o~der Oi the Bank. at its ottice ~a~ .
as 1lsted above the sum of (total of payments~_..___. Cndit Lif~ (a Lih ~
- d~ Dl~ability) Im.i _
~ Dol~a.s ~ (~amib)
:
( with iM~nst.tMna~ ft tM ~ab of ~(~j-_..._% PK all p~yabf~ i~ ~
,p .l..~~.. monthh? irohtin?tnh of i.___~..IIS. ~ach on tM __.2~~1.. d+Y. of
_ i
~aeh woo~ssiw monfh oomrn~+an0 on .~~C~''Otltl'~.-----•--._. 19;.,Z~2. . to~~htr with -
AMOUNT
~ dALIOON PAYMENT OF i-------......:.~ Ow X__-•-----~. 19 1,791 00
_ ~ . • RNANC~ _ ~
F- ~ A fiM computed at the wt~ of s.OS px :1.00 on each ~~nui!rMro in d~fault fa ~~~~h~ ~
O~~ ap~r iod in ~~u of 10 days mit? D~ charyed the Maker. No such tin~ sl+sU exce~d '
=S,Op. M~kK if t~quir~d tp p~y a!1 cosfs.of tofleeiion. includanq a~easo~?abt~ Nto~- ~s (~~^izt) -
~ n~s i~ if ?~hrrod fw aolbdion or I~ai proaesdinqs. AH paymer?ts, wMtt+a PiM~- Y«...... ._.~~...j..
dpal. intKtst or Whervvis~. not rouiv~d whan dw shail besr interost st 10% p~r
~ a~wm from due daM until paW. All psyma+ts m~dt hereunder ihall b~ crodittd ANNUAI ~CENTA~iE RATE %
Hnt to inhnst~ tMn to lawfvl cha~qes tM~ accrwd. as~d f~s~ to principal.
: 3 If th~ Iwn is p~~paid in full, aocekcated or rofi~anced, th~ Maker shatl as of tM d~ro of wch ~vtnt naiw wd+ refuad of the un-
j ~smad purtia+ of th~ uedit lif~ insuruKS premium and finance charqe ~nd such wMr c.edit as n+~y b~ rpuind by I~w a u may b~
n~o~ssa~Y to avoid uwry. p~ovided thst ~F+~ Holdsr may retain s nunir»um finaxs charqe of =~S.OQ. whetMr or ewt~N~w is~ Hm~d.
~ a+d ~xupt in th~ css~ of ~ refinancinq, no finanos charp~ a premium rofund sh~ll be msd~ if it amou~tt to less tban•~1.~. R~nHon -
C . of ury minimw++ fioanc~ shall be 1n addition to senioe charqa if amr. Any lan9uaq~ ~l~when l~s+n to t1w opntrary nolwiM4t~~p,
~ n~itlw 9ank not nry ho1dK henoi ~all ~eceive a rotaio any charqe or tnterest not aitow~d by law. A ~ 3~ ~...,atOj~L~
As ~axity ior th~ WYmant of tfiis note Mak~? hss P~~ a~Posited with Bank tl~ followMq ProP~Y= -.-_..._!Q...._...~.~.Y+
~ int~e~res_~.~.,~_~__~!a~_U~,.__'~.,_~~c~CI,..~iS'~.~,_.~OCalc i~,S~T Y~1s 29~2: •-.~,~,1,~ w~alc ~
45 in oonc3. ~-4,..~e..I!j4._.~ ~.4~9Sar_~la!4~5~_.~ac'~..#A1t1~.1~ '
.
-({ncludirp all cssh, stak ~nd~othar dividends a~d sll riqhts to subscribe fa sscurities incideM to, iar~d a pr~rNed in ooren~ctioe~ with
_ wch propKty). w4?ich proper~y. iogether wi~h afi sdditions.u+d wbs~~rutions F?~reeher plrclqsd a d~posiMd wifh 8aok is ulled tlw Gd-
I~1Kd. The CollaNql is also pledped as security fot all othsr liabititiea to 8ank; (prim~ry, setondary. dir~ct. coMi~peM, solt. jpiM or
ssw~~t), dw a~o beeo~ne due a wK+ch msr be hc.esfte? conrr~cted or scqvi.ed, of ~ach Maker (or-of ~ach JN~tc~r aed ~n1? otlw p~r-
son~ The surra~der of fhis rate, upo~ payment or Wfierwise, sFull not a~fed ths riqht of 8ank to ntain the Co[iats~al (or wch othK
ti~~n+a. - ~
. CREpi? UFE AND CREQIT t1fE a DISABIltZ1f INStJRANCE ARf YOLI7NTARY AND NO7 RE(iU1RE0 f~t CREDIT. Such i~sunnot _
towra~ is wailabl~ st tM toat desiynated below for the tsrm of the credit: t--•--..__..____~__..___....-_---_---- fw Gndit tlh In-
wrana (b) f___._--------......_.___._-•-°----•_-----------•--_ fw Crfdit lifs 3 Disability lownnct: -
~F»ck . . ~ ~
App1. ? Cnd'd Uh Inswance is desired on th~ lifs of -----•--w_.._.._....----------------•-•-----._.~..____:::;___._ ~
~ ~
BirfhdeM . .
p c~an tx. e~ as.~r~ti i??:~..~• is desircd on .---------•--•--•.-°------------•---------._.________.._~_---._._.._..~r.r._
_ ~__._M. ~nha.» ___..---------------_~______w__._ -
i ~ Gsd'n liff and/or Dlsability Inswsnce is r+ot '
j ~ -~~---~.~g--- Si9~+tw~ X - - _ .T~1 Fi "~~+y~" -
, sa9~m,n ..X" ~ ~
'li
Additions to, ~eductio~s or azchawqes of, oi
wbstitut'wns fa the ~oftaroraf, p~y on aaoui» of this ban a inc.eas~s of th~ ~
~I sarn~, or WFier loara~ made psrtiafly-o~ wholly upon the Co:late~al, may fran timt to time be made withovt ~ff~airg fh~ provisians~,£ -
~ of this not~. B+nk sh~l{ ixercise reasonabte ssre in the custody and preserv~tron oi tht Goit~teral to ths sxtant reqvired by applk,~bl~
j sttluM, ~nd shsll be d~an+ad to have exerdsad reasonable ure if it rskes sucf+ ~dion for tFut pxpwe as Maker sF~all ~sa:on~bly nq~wst -
ir? vvritir?q, but no omisawn to do any ad rwt iequested by IM~ke~ shall b~ d~emed a fsllur~ ro exercis~ nasonabb c~r~. ~nd no omis- -
iion.to cpnply with any roquest of Maker shsil of itself be deemed ~~silvrs ro~xercise roasonable un. Bank-shall not be bound to
taw any =t~ps Mo~s++ry to preserve arW r+9hts in the .Colbreral aqain:t prior puti~s a~! Maker si+atl tak~ all neaasary :tept for wcfi
purpos~s. 8udc or in nomins~ need nw coll~ct interest on or p.incipat of any Collateral or pive any notiq with resp~ct to it.
If ths Cotlaterd shell sf any time became ur?sstisfactory to B~nk, Make~ shall within one,dsy ~fter d~mand pMdq~ snd depoait
II wlth Bank as p~~t of the Collaterel additio~al propertY which is satisfadory to BH?k.
{f Bank deems itself insecurs, or upon the hsppening of sny of the fo~lowinQ events, each of which shall oonstitute a def~uh hK~- ~
, w~der, aH li~bilit?~s of asth AMker fo Bank sha11 thereupon or thereaher, at the option of 6ank, wi~hout notice w demand, becom~ due
and payabk: lht fsilwe of any "Oblipor (whicfi term shalt irie+n snd incl~de each Make~. endone~. surety. ad 9u+rsntalr of this
noh) to p~rfo?m +m aq~aemerii M~eunder, ~o psy infe.sst hereon witbin t~n dsys afte. it is due, or if theh b~ nd dw daro, aA~r it
h bill~d o. o?be.wise requssted or den+anded, to psy any other liabiliry whstsoever to 8~nk when due: (b) tfie deesb af amr
(~J the filinp of any petition undx the Benkrvptcy Act, a any similar federet or state statute, by a ayainst any Obliqa: an • iu-
tio~ fpr thM •~pa ntms~t of a rsceiver-fw, the making ot a ne~al assiqnment for the be~efit of usd~tws by, w tKs i~soivency any
! Oblpw; (t) the entry of a j~dQ!~+
t sqainst sny Oblipw: (~th~ iu~inp of a+ry sf?ad?meM or psrnishnweM, w the filinp d any lien, . ;
pain~t anY P~Pe~hl of arnt Ob1_~ -(9) ths takinq of possession of sny wbstaMist p~rt of tfis prope?N ~~Y Obliyw at the lnstanos
I of any~o~w rnmenbl aufhaify: (h) fFie dissolurion, mer~er, consofidation, w~eorgeniza~ion of ~ny -9Miyo?: th~ ~ssiq~u~eM M ~^Y
' klatc~e of any ~quity in ~ny of ths Cotlater~f withovl ths w?inen oonseot of the 8ank. Each Obliyor henby waives any nqo(rern~nt of _ .
~ notice o~ d~maed rsflectinp sud~ acoskration insofar is such roquirement 6e in ~ddttion to the mere azercise of any rem~dy affad~d in
~ -ehis NoM w tfie iratitutioa af wn by the tF~en falde~. -
~ Bank shall hav+e. bvt shall not be limited to. tfie followinq riohb. each of which msy be ez~cised st.ary tima wh~sl+er or not fhh .
note is du~: (~.to pledps ar transfe. this note and the Coila~e.el and Bank sMll therevpon M roliev~d of all duties and responsibilNi~s ~
~ Mreunder and ?elieved from any a~fd ap liability with respect to a~iy Coltateral so ptedped a tru+sferred. ~nd arry ptedqa+ a tnns- ~
hrst shall for ~ll pw st~nd in the plaoe of Bsnk herevnder and havt sll ths ri~hts of Bank h~reunder p~ to tnnsfer th~ wfiols ,
or sr~y psn of ths latersl into the name of itself or its nom+nee: Giiy w+~o~s the ~oll~ters{; frv) to notifY the Obt'pors o# any tol- ~
~ tat~nl to make P+v~~t to Bsnk of snr +mamts-dus a• to bscome dus thsroon: to dema~d, sw for, collen, w m~ke ~ oompra
enise o~ settfeenent it deems desirsbb with retererKe to tfr Collsterst; ~ tv~ to take cantrol of any proceads of Collaten . i
~ Bsnlc is htreby piven a 1'~en upan and a security interett in all praperty of sad+ Obliya now w at any time henafter in the pos- #
fKtiOl1 Of ~I11c ir1 artY uPicitY whitiO~v~~, includin9 but not limited to ei+y Mlanoe or ~han of any deposit, f~f. o~ap~nty KWV~1t. ~
f ~s th~ ~curity for tht nt of this note, a+d s similu lieo upon~ s~curiN interest in all wchp~
operhr of esch Mak~~ a s~curity {
for th~ p~yment of all~liabiliti~s of e~ch Nl~ker to 8ank (iocludirq li~biiities of trch Nleker and iny Wher perwn): and B~nk sh~(I
i haw,rhs same riphn as ro sud~ proP.rhr .s it hes with nsp~ct to th~=Goltateraf. ~
If B~nk deems itsetf tnsacu.~ or upon the oaurrMOe of -~s~ defavlt hereunder Bank shall Mvt the fondosun and otFwr rernedi~s
' of a s~cu~,paiY under tM UnifwmC~pn~e rcirl todeh~~~s' ppliubl~ I~w and, without IimiYuq the qenerdity of the forpoin0.
8snlc ihall i~y~ tta i~yh~t, imrrwdistely'tni witharl fwt ~oa ~yef3f~ io se.~ aff painst this note all monay owrsd M sanlc in~ry u-
pac;ty to ~ad~ or u~y 11Mker; snd if such s~f off shall ,'Bank" h~ll be d~ w h+ve enerdsad suchrp ht of i~st off ard to haw
made a charyt a~airtit Ysuch nwney irnmediaroly oadirei~c~ of sbch defauh even thouqh sud+ charqs is made ar entehd
an th~ books of Bank iw~bseqvent the.eto. Unlsss t
up~~~ral is psrishable or throat~ra to d~ciin~ spredily in wlue or is of ~ typ~ ~
customarily sold on a raco~nimad market. 8ank will Qiw Mak~r reasonsbk notit~ of tF~e time snd plaae of u?y publit ssk tlMreof ot of ~
the tims aher whicfi ~rry piv~t~ sak a sny-other interded disposition tMnof is to bs m~ds. Th~ nquirrm~nt of reasonabl~ notioe shall ~
bs m~t if, such notice is mafkd. Post+qe PreP+id. to soy-M+ker ~t tM ~ddr~ss piven below or at any othar ddress showe on tM rea ,
e.ds of ths Bsok, ~t least feve days be~or~ the time of tbe sale a~ispositicw+. Upon dispos~tion of arry Collateral after th~ oawrsnc~
of any dtfauft Mrew~der. AAaker shaH b+ and ~emai~ liabk tor +ny deficiancy: and Baok sh~tl ~ocwrM to N4k~? fw any swplus, but ~
d~r?k shall-hsve the rqM to apply all or aey paA of wcF~ surplus (or to hold N~e sirrw a• nssrve +yainst) any and all othe~ li~biliti~s
af ench w snY Maker to B~nk. - . •
No delay a aniasion on the p~rt of Bank in ~z~rcisi+~ a~Sy n'qht h~nunder th~lt op~nte u a waiver of such ?~of any otlw
' ripM undK this ~o1e. Pnsentmenf,~ demsnd, protesf. -no?~y of di~iiorbr, and ~xtension of tim~ withou~ notta ar~ w~iwd by
each and w+rv Oblp' a Th~ Obliyors, ioiMly and swenllY, aromiss and aQre~_w pay ~U aosn of ooU«,tioe+ ud re~son~ble attom~?s'
faes G1ot • bss than 107G of thep~
Iracipat wm1 incwred or paid by 8artk in ~nfonirq tbis nott up0e? th~ a~wrr~na of any defsutf. .
' My notial? to lY4k~r shatl bt sufficiently s~rwd for stl purpoa~s if feH tepofl Or pl~d ie fh~ eMil! Postaqe. P~P~~. ~ddr~¢ to th~
, p~mi~ ~ t!w addtess slwwn b~low a.arry otl+er addras s~own on dsnks noo~• _ . s . ~
Whenve~ this ewa is ~xecwad by a camak~+ a~ndw~ ~he is tha wift of_~a m~ku w~dor~.-#1~ ~d w~ d~~Y . i
pressl~? +dcnowl~dp~ tM within d~bF ~as h~t joint and ind'rvfdwf dtbf. . , ' • _ ~
Exh of M.h.. .cknowl~d~n rto.rpl oi . compl.t.d oov9? of this ' - !
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