HomeMy WebLinkAbout0867 j ~ .
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P~ o. BO~c 618. ,~~~L$~I~ o~ No u 11.th ts flL :~-6-
~~0
LOCATION
I~IN. tr.. QaMeh Q C.t 7 , t9 16 ~o.n T.nnu ~
hocNda .art.t~.~Q~in.~._._..
~~.X:~Y.~.~Q~ .l~4~.?.S . . ~ s _2,~.4.~.9.80 ~
.
~ aft~r date th~ u~dKSigned. he~einaite~ u11ed Makar, jolntty and swenlly ~ Docu~n~rary i__~._..~....~..._ ~
promise(s for value ~ec~ivsd to pay to tM o~der of tM 6ank, at its oNiu • ~
as tisted ~~va the wm ot (total of pa ments~-.--....----._.._..---•------r Cndlt lih for Ufr
S1x sa
d~si~c..hundre~.thlrt~one Md_80~Q0~.,_ ao~tauw~~~,.s ~ ~
oolt.n o1Mr (n.mE~.)
_ ~
whh Mt~rat tMna+ N tM aN of ~ ~rowun all ~ In i.-~....-...-.__._. ~
~ ~
b ~~.~~a ~ t.. ..~h a,,, ~ i
~h? - ~ -
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.«h woa..iv. m«~th cort~n.ea~v on .._A.~C_~Ll:~.t~:_ 19.Z~----. +oq.N,.. wuh .
a MLLOON PAYMENT OF i--._~~~.______._~__.. Du~ 19 p~~~ _..~al~~~QQ.._...... ~
A fir» comput~d N tM a1~ of =.03 pK t1.00 on ~ad~ init~ilmer?t in d~fsult for ~~a»~
• ~p~?bd in ~xass of 10 days may b~ cha~d tM AAaker. No wch fine sFull ~xad ~s ~e~miz~)
=5.00. M~kK is hquind b pay a{I cotta a~f co1{eciion, indudirp • r~ason+bl~ N1of
n~y's fN ff ni~?nd /a oollection a Ipal proosedtnps. All paymerm. wl+al,.r p.in. •-•--.._.__._M
dpat, int~nst a MMrvviss. not r~uiwd wMn dw sha11 b~ar tnt~nst ~t 109L p~?
w
anrwnt ftoen du~ dsb until p~id. All p~yinenri mad~ haeund~? thall 6~ cndit~e! ANNWIL ~Cp~tTAOE RATl~
~ '
fint to lnter~t. tMn ro l~wful ch.rq.s rMn acuu.d. •nd I.st w p.inciwl. -
If tM loan is propiid in fv0. ~onl~r~tad ot nfiMnced, Nr Mslc~r tl+~It ~s of tM dN~ of tucb rwnt ~iva wch refur+d ot tM uM
fatn~d portion of tht trodH lih insu~~ncf pnmiwn and finaifoi'tha~y~ and such o1Mr ctedit a~m~y b~ r~quihd by law w as may b~ .
n~assa~r tp avoid usury, providrd that th~ Hotdtr may ?Nain • eninimun? finarsc~ char9t of 3~5;00, wMtMr a ~ot aMNr~ri~e ~arnd,
~nd ~xc+~W in th~ tase of a rtfina~+tinp, no fina.~c~ charp~ ot pr~r?iwa rofwd shal) b~ mde If it an+oiinb fo I~ss than =t.00. R~tMtbn
af aty ent~im4m finance ahslt b~ in iddition to s~rvice cfisrpt If se+y. Any lanpua~e elstwMn hsntn ro tM cont~Ny no~vrithstaedinp.
n~itM~ Sank nor any holder heroof sMll r~afw a rot~in any d+arq~ or tn~~rost not albvwd by law.
w. +«,xnr p+m~+ ~ ~ha ~+a. ,a.~ n.~ pi.do.d a d.r~~,.a w~~ e.,,k s~~,o wov.m?~ A_~.~4~~~..lutdf ri ded
ir~Leres~ 1n TortSa t~t Q~._~.1~_5~.~..:_~..~.~4,:..~~~...~9~1,. Un1t tieek~
1~_3ad~.l~._Gand... ~-~..--Aiax,__:N~.~.~-~,. d~ssr.~hs~._i~n..~~~_~ar~~9~9~• - - ~
~ (inctudinp all cash, s~oclc ~nd atF~er divi<Neds ~+d ~11 ~iqhts ro subscriba for s~curitiea iecident to. decland or ~~~d in cone?ution witfi -
wchprop~~ty), whkh wap~~ttr. ro~etM~ with all additiont and substitutions her~aftei pl~dqed a deposit~d with 8ank is cill~cl tM tol-
Imral. Th~ Collaaral ts dw pted~d ~s ~ecurit~r for all Wh~r liabilitaes a 8ank, {pri+nuy. sacondarY. di?eu, continp~m, wl~, iotnt or
s~wnq. dw a b bscant du~ w whid+ may bs Mre~fter contraded o. acquired. of each AAak~r (a of ~ad+ M~ker and any otMr per
°p ~on~. Th~ sune~der of this not~, upoa patrmaet o( othuwis~, sbstl not sffect ths ri9ht of 6ank to r~qin th~ tdi~»?al for wch othu
liabiliti~t. . . '
C dtE01T UFE AND CREDIT UFE 3 DISABIUTY INSURANCE ARE VOLUNTARY M!0 NOT REpU1RE0 FOR ~REDIT. Such insurana
tawtap~ is wsii~bb N th~ oost d~sipnsted below fw tl+~ hrm of tht cndit: t~) for G~dN 4h L~-
C 0~ swana ibI fa Gsdi1 1i1~ a a~.~in,? i~?..~.:
n tl Clwck . . _ -
s p
Q v? $~i.o ? G~dit lih Ir~surtno~ -ts d~slrod on the Ilf~ of
~ _,s.....__._._.__.~ _
= CC ~ BIHIdaN _
3 ~ ? Cndit liia ~ aisability Insursnt~ is dtsired a+
~ $i Bsrrt~d~a ~
~ ~ ~ Kt Cradit lih and/a Disabil3ty Insuanos is nw ' .
' p~~: 0 C.~~--11. l4 y 6--- s~a~n . 1"t~C@ J.. S~ydl1"
~ ~ : 'Sb~+run _ '-~--tianCy E. Sl,yd~r
~ ~ _
~ Add'dia~s to. nductions or ~zchsnpes of. a substitutia~s for ~dlaterat, ie~as on aaouiu of this Iwn w i~ d tht
~anw, or otF~er loans mad~ pa~tially or wt?olly upon the Collatera . may f~om ti~e~e ta tim~ bs m~cis witNout affactinp tf+~ pravisions
of this raN. Bank sJ+all ~x~rcise reasoaibk ure in ths custody snd pzesenation d eht Colt~te~al to th~ s~ctentrpu lnd by
statW~r. and shall b~ de~m~d to hava tx~rcis~d n~wna6te ur~ if it takes wch action fro~ th~t purposet ~s Maka thalf reas6naWys~t
in wrlfirq, but no anissFon t6 do eny act not raqusstsd by AAalc~r shalf bs d~emad a f~ilu~ to exercis~ ro~so~bl~ cm, aeid no anis-
sion to oomply wiM any roquast of Maker shail ~~tself 6~ deemac! ~ fai{ur~ to axercise nasonabf~ un. Bank shsll not bi bourd b
~ hlc~ any st~ps ~»aasaY to pr~serve +rw ~ hn m rhe Colbteral pairat prior puties and N44fr sl+all tila ~11 rMass~ry steps fw wd~
` p~rpqses. g~nic or iri ~oenir~ r?sed not ~I~u intarest on a princip~l of uiy Coll~t~ral .or y'rve sery notioe with nspw to it.
If ths Co1laNrd shal! ~t ar~y time bacon+~ unsatisfactory to 8ank. Maker shall within ons day after demsad plad~ ae+d d~posit
vr;th gsnk u p~R of the Cotlate.al additwnal propeny whkh is satisfactwy to Bank. -
If Bank daems its~lf insecvro. a upon the happenins of any e1 ths -fdbwin~ wn+ts, esch of wfiith sMll constitub ~ dsfauh htn-
urder, al! liabitities of each IGtsker ro Bank sMsll thereupon w thereaf~er, ~t rhe optan of Bsnk, withour notKe w dsmand,.becon» dw
and payable: (a) the failura of any Obliyor (wh+ch term s1?~li masn ~nd inctude each Nlaker, ~ndwser, surtty, and ywramor of this
~ rwp) to psrform any a~~~eme~et hereundsr. to pay intenst heroon within ren days after it is due, or ff thsro bs ro dus date, ~fter it
ts bitled ot otMrwise reQusst~d or de+ner?dsd, ta psy u~y other 1'wbiliy wAatso~wr to Bank when dus: (b) tha death of u?y Obl~'por
(t~ tha filinp ~ any pstition under the Bankruptcy Acf, w any similar feder~! or sta~e st~tute. by aaq ainsf ury Obliqo?: (d) ~n~pp
Ika- .
tion for /h~ sppointtn~M of a rsaeiver for,. the makirg of a rsl usi~nmen? f~ tM benefit of ued+ton by. or ths imolvN+cy of sny
pbli~or: th~ eMry of a I~dye~ f eyainst any Oblipor: (~the issuinp of ~ny sttachment o? yamislx~ent. or tfie filiep af sny li~n,
a~ax~tf any prop~~ty of anY Obli~o~: i9) the takirp of poss~uian of q~?y wbstsntial part of tbe properh? of any Obli~ot d th~ instanc~
af ~r?Y ~ov~mn+eM~l wthoritY: (h) ths dissolution, merQer. ca~solidition..w reorqaniution of aMr Obliyor: (il 11+~ sssipnn~eM M~+Y '
~ Mskar of ~ny equity in any of fha Collaterd wNhout tM written oons~M of ths Bank. Exh Obli~or_henby waives any nquirem~nt of ~
this Note w~tM
institulla~i
of wit
a~thetit
en h~oW,rer
:~~irement be in addition to ths n~e sxercise of sny r~msdy affonMd in
~ Bink slwtl have: but s1+~11 nd bs Iimited to, tM followirg riohts, each of whkh may be exercised at ury ti~ wlwtha a nof fhis -
~ ~wM is dus: tq pled~ or transfer this note end the Coltat~r~1 and 8ank shatl therevpon be nliwad of all duti~s and rssponsibiliths ~
hsr~undp snd M1iw~d from sny and`ati_liabil?~y with .espeu to any~Collateral so pledped w transf~.red: end sny pNdq~ or tnra-
hra~ shsll for ~II pwpos~s stand in the plaoe of Bank her~vnder ~ru! hw~ a{I the r~ts of 8~nk herevnder; ~i~ to hae?s(er th~ whol~ ~
u
, aury pan of ?h~ Coltat~ral into tfie name ot itsetl o~ its naninee; (ii) to vote the ollatasl: Crv) to notify ObliQon of arry Col-
~ lateral M make payment to 8ank of ury amou~ts du~ or to become dus therwn: (vl to d~mand. we fot, oopec~, or n?~ks ~ compra .
~ mise a senlen+rnt H d0artis destrsble witF? referenc4 to the Collst~rsl; and (vi) to tske camrol of anY Proaeds of CdlsNra .
f Brnlc Is hKeby yive~? a lien upon as~d a security interest tn aN ~ropsrty of e~d+ Obtipor now o? at any time hen~ft*r in tM pos-
€ session of B~nk in a+y upacity wh~tsotvt?, inclu~dinp but nof lim8~d to aeY balarw w sh~ro of ~eY d~Dosit, tnnt, wsp~++cy ~ooouM,
~ as th~ s~curiy fa tM of this na~, and s simil~r ii~n ~poei and s~cun+y inte?est in alt wchp?op~~ty of wch M+ker asecw~~! i
for the paym~M of dl liabilities of ~ach lN~ker to 8snk (includinp~ liabilities of ~ecfi AAaka~ ~r+d any ofher puaon~ and 9ant s?un ~
i h~w tM sserN rphri as to wtfi p?op~rfy ~s it has with rospsct b the ~ollat~nt. - ~
N 8~nlc dee+ns its~lf in~scure a uport th~ oavrrena of any daf~ult heroundK Bsn1c sM1t haw the toreclosvre and other rnnsdits ~
i of a savred pa~fy unde? tt+~ Unifwm Canrt+trcia! Code, w wMr •ppliuble faw ~nd, without limiti~ the penerali~y o# the foreyoi~q,
~ 8ank shsll haw th~ riQF~t, Immadiately without funMr attion by it, to se1 off against this note ~t money ovwd by Bank in any a-
p~city to each or sny Nl~ker: and if sud+ off shall oaur,- 8~nk shatl be deemed to. haw exeras~d wch r ht of ~et off aod ~o haw
i mad~ a cM~qe aqainsta~y wth nwnsY i iaMly upor+ tF+~ o0currtnts ak~ch dtf~+h w~n 1houQh such ~ 1s m~de w tnttr~d .
; p~ the booka af gi~k w~+q~rN t~? tjnless tM CollstKal is pet"~sh~lp or thrprsns to d~clirK sptedily ~n vdw w is of a fy~
:cuuo~a~iw sold~n ~ reco~ni~ad r+~ket will qive M~ker re~sonabl~l~otia~ of t1~ time ~nd plac~ of any publk sal~ thenof a of
tM tim~ afta wFikh ~ny p?Nsre sa~s-o~ ~ny other irrtendsd dispo~ition the~of is to bs n?dr. thrrequirsmeM of r~~sonabl~ notice shall
6e mN if sych no~ice is rr+~~led. Posts~epr~
Wid, to any Maka et the sdd~ess qiven bNow or at a:+~r otMr ~ddress shown on tM na
wds of the Bank, ~f l~ast fiv~ days befors the time of the sak a disposition. Upon dispositia+ of eny Collitersl after ths oowneaae-
• of srry d~fsvh hsr~unde~. Maker shali b~ ~nd remain liabb Ia a~y dsficiency; and Bank shsll acount to Nlsks~ for anY surplvs, bVt _
Bank thall have th~ rpht to appFy ~11 w a~ psrt of such wrplus (or to hold tM same as ~ rssa~ve +9+inst) uny ~~?d att Wfisr Ii~bi4iY»s ,,t
of ~ad+ or any Maker to Bartk. ~ -
No d~~y w omission on the part of B~nk in eY~rcis?nq ar?y riqM h~revnd~r ~hs11 op~.ate ~s ~ w~hrer of wch ~ t w of ae~r oth~r
ri~M urd~r tbis not~. Pr~ssntment, dem~nd, protest. rw~ict oi dishor+or, snd ~x»nsion d tirtK without ratiae ar~ walv~d by .
~ct? ar~d w~ry Oblipo~ Ths Ob4iqo.s. iant ~nd severalN. Pron+is~ a~d aprat to P+Y. ~i costs of aotkctia+ ~r+d n~:onabl~ attorn~ys'
wt~ on
f~ (naf less than 10'K of th~p~ incipal swn~ incwr~d or paid by 8antc in tnfwdrg t s rat~ vp tf~ oavmna of a~y dsfavM. '
My notio~ to Illbkt+ sh~N b suff'rci~ntly serv~d for a11 purpo~ts if Isft upon or plaad.M tF~ rr?~il, pstapt pmp~id, addrtud to
' ~lfNM(Mf N NN ~?O~f fhOwfl bf10YV Or My/ OtfN~ ~Ilff fF10'w1f Of1 8if11t~1 IKOtdf. ~ c, - ~ 4
V1lbshv~. this note b~z~cuted by a tamak~r or indor~r who is tM wife of ~ n++k~?_o/ endo?s~r, tM id w~h daa MnbY ~x-
O~~Y +d~~~~ ths withio dsbt as Mr 't~rN aod indiridwl d~bt. ` n n - F=
Each of /IAakN Kk r a
w l
a
d~ s noei p
f of a oomPl~/ed wPY oF fhis :tM -~bqv1
.L.;,~=-~. _
Add~s ~F.~C~-..Q-G11~. #l~Z.ii~1 - ~a E:
Station, Nerr Yor _1~ s _ ca yd _ ` . -