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HomeMy WebLinkAbout0934 ~ , . _ • . - , c ' ~ • ' ~ - ~ . 'it)R'IS~S ~ A380CY~'rffi• II'~• MlfTALt/iAENT lIOR i BANK NAME (~lYf~ NI~ YANpI~ P.O. BOdt 618, JL4~13ffid ~ u;'~ ~ p'~ - LOC TIpN ~ . pWs -'~~"""-ri1t. fiL = 4i ~3. Z~ ' _ NN~ t~N. pN~d, ~C• 6 t~ 76 ~ twe T.n,~u . ~ r.oa.d. : .._,,.3 ~140. 00 ~ ` ~u 863. 20 ~ ~ S~Y....~~.~.. Montt» ~ . ~ : ~ aft~r dat~ ths undKSiqned, h~ninsiter es11M~Maker~ joint~y a~d sewrally 0«vn,~r,cwy S..._,....~». ~ promis~(s) for wlu~ nceivM to psy to tM ord~r of the Bank. at its offic~ S~anp~ . ' ~ ~ as listed abow the wm of (total ot paym~nts)_.._,......__ G~dk Lih (or Uh • . .~`ID_~.~~ _ i 01taWlity) leu.i ' oo~~aa O~ (larnl~) - u wHh inhrut tMr~on at tM nt~ d__lQ. pK ~nnwn. 1sll abi~ tn ___..S?Q. monM+ty irut.~M,.nn of _~Qr... I~... ..d? on N,. _J•GT~ d+r of : t~eh woo~ssiw rt~a?th oo~r~rn~ndnp on ...~.~-1,.~~.-~jo-_._. 19. .':1. ~op~tMr wi~h i_.._.__.r ' A[N011NT : • SAIIOON PAYAAENT Of Ow 19 _ _~~u~Qa.~.._... A Hn~ aomput~d ~t N+~ ra1~ of =.OS pa =1.00 0~ tatfi insl~llmen~ in d~/~ult fo? a~p~riod in ~xcut of 1 O d~p may b~ clur~d th~ Mak~~. No such fin~ sMll ~xcNd - is.00. Maka is nquind ro ar a1t cosn d col~.nia+. Includinp • n~sonabt~ attoa (~t~miz~) _ t~/t iN H nh?nd fo~.coil~ction a Ipai prac~dreqt. wll payrt~~ri. wMrl»r prin- i•-- dp~i, int~nst or otMrvvtM. no~ rsatvd wMn dw shall b~ar intsn~t ~t 1 O% pe? i~...-_ a~num frqen dw d~tt uMil p~id. Ali p~ymfnt~ mKN F+~nund~~ ~1+~11 b~ aedit~d ~N~ % first to int~rKt, tMn to I~wfui charp~s thM accrwd, and,la~t to pincip~l. . N tM Iwn is pnpald in full, ~ocNer~ted or roiin~nnd, tM Mak~r shall as of rh~ d~n of su~d+ ~wnt nqiv~ wch nfund of tA~ ue. ~a?ned portion of tM endit lih inw~n+es pnmiuen and finano~ eha~ and suel, eth~r endh asmiy b~ rpvir~d by i~w a y may b~ ~ssaiy w avoid viury. Ptovid~d fhaf t!?~ Hold~t may hhin • eninimum ~iMtKO tharp~ Of s2S.00, wMthsr or no~ bllworis~ Nm~d, and ~xapt in th~ us~ oi a rofinar+d~+q no tin~~ cha~q~ w prsmium rofund shall b~ m~ if it ~mounts fo I~u thu+ =1.00. R~MnNOn of any minimum fin~nc~ sFiall b~ tn a~dition to servic~ cMr ~f an . My 1 !M 0~ ' Y anqwp~ tls~wMn M?~i~ to fha contnry nofwhluf~ndh~p, ndtMr 8ank na any ho1dK Mnof sMll naiw a rot~in smr ch~rq~ a inNr~st nof ~Uovwd by law. ~ _ /4 ~ity for tM p~ym~n~ of this not~ 1WIa? ha~ pl~dp~d o~ d~posited with 8~nk ~M followlrq prop~rey: 03$:~ iSl~~V3~C~ .._..:~~.__~la:.a_.~_~~a..~.It~.~~~~.Qs~..~...~.1.......~293~_... ~1~t ~C : C ~.S...in:.~ncl.._~-?.,.._1~t._ I~a.._~-? __~to.._s~~riheci._in_~. I` ~ pecludinp all ush, stock ~nd otM. dvkl~ndt and all riphts to subu?ibs fa s~curiti~s incide~t ro, alsnd o? Qranqd in connietion with ~ wchp~op~ty), which prop~rty, toq~ttu~ with ali additions .and substitution~ Mre~ft~r pl~dq~d or d~posit~d w~th Sar?k i~ ull~d th~ Cpl. . g. y I~tiral. TM Cotlateral ii also pt~d~sd ~s saurity fw dl o?h~r liab3l~rks ro 8~nk, (pimuy, s~coodary: dtr~d. ea?tinp~M, sol~. ioim or ~ 1~ swKall, dua w to becom~ dve a which may b~ M.eafter contracad w atquird. of ~ad+ Mak~r (w of ~acl? Mak~r ~nd any oth~r p~r. an~ TM sw~eoda of this noro, upon p~yn+~nt w otMrwtW, :hall not affiq ths •iyht of oaek to r~tatn th~ Colim~~l for auch oth~r l~ ~ $ ~ Itabiliti~a CREWT IIFE ANO CREGIT tlfE d. CISABiIITY INSURANCE ARE VOIUNTARY AMO NpT REfiUIRE~ FOR CREWT. Such inwrana , r- t~ cawr~ is ~v~~I~bi~ at th~ oott dssipnared b~bw for tM term of tF,~ cndit: (a) t--.------__.._._...---------------_.._. for ~ndit lii~ lo- - wrant~ (b) i.___~...~..----._--.__..__.__._____.----____. _ fo~ G~dit life 3 Ois~bitiry Inwrar~u: . Chsck - ' ~ o~ ~?PP~. p G~dit tif~ Insuranc~ is d~sind on tM iih of __~.__.~....__._.__.__._..----------.__.__._._------•-~Y____._.~ ~ , 0 ~ _ - _ < Birthd~t~ . . ~ ~ . p Crsdit lfie i Disabitity Inw~ana is d~sind on ` ~ 8irthdat~ ~ - ~f D Crsdit Uh and/o. Oisabilify Insunno~ is si i ~ _ o.~ __._._.D~a~_b~1~~6-- sb~?.~,?. - w A. ~cick~ , ; • ~ _ . ~ ~ - Additiau to, rductions a~xd+an~s af, a t~sfitut for ihe Collaf~ni, payn~enK on ~ocooM of thi~ Iwn or indnaKr ~ i sam~, or o~FNr Iwrn rrud~pa rtutly-,or wholly upon tF,~ Co at~rd, may kom firr~ b firrw b~ mad~ without ~fhctinp th~ - ~ - of thts nW~. Bank aMU ~xNcis~ feason~bls ca.i 1n ti,~ custody snd p.~servation of th~ Colt~f~rd to tM ~xMm nqutnd by ~ statut~, aa! shall b~ dNen~d to haw e:adsed,reasonabi~ un if it f~k~s such ~ction fa that pwpose ~s 1NI~k~r ahall haswMbly hqu~q in writinp, but no omission ro do ~ny aa not r~questsd by Mak~r abafl b~ de~nwd • faitur~ to ~x~rcise ?~sso~bl~ cm. ~nd np pny. - I sloe to comply with ~ny reqwst of AAak~r shall of ~ts~lf b~ d~emsd'a failun to ~x~.cis~ r~a~on~bl~ un. Bank sh~ll no~ b~ bound to I f~kt ~ny sqps n~tassary to pr~urw any riqhts_ in th~ Cdlst~rN pain~t p?eor p~rties ~nd Mak~r ahall Uk~ dl ~auary tt~p _for wt.h purpwts. Bu+k or iri nomirN~ ~ed not coil~ct inter~st on or prir+cipal of ~~ryr CoII~Mrd or qiw ~ny notia with hsp~d ro it. if tM Coliat~r~l shall ~t any firt+e becorrN unsatisf~ctory to Bank. Maker shall within one day aher d~mand pl~dq~ and d~pp~it - I with 8ank as p~A of tM Coliateral sdditional prop~rty wh'~th is satisF~ttory to dank. ~ if 8~nk d~ems its~lf inseture, or upon the happeni~ of er?y of the follovrirq ~wnb. ~ach of whicF, shall constituM ~ dtf~uN Mh- ~ under, all If~bilities of ~ach Mak~r to Bank sh~tl tl+ereupon or th~reah~r, st th~ optian of 8~nk, without noNc~ or d~mand, p~oon» dw ~ed payaMe: the f~ilur~ of eny Oblipor (which tem+ shalt m~an ~nd include ~ach N4ker, endo~sK. sunty. and pwrantor of thts I no~) to ps~form any pneer~nt hereund~r, te pr~ in~~nst hereon within ren day: aft~r it is dw, or if tMrr-bs no du~ datt, ~ft~r lt is billad or oth~rwi~ nquest~d or demand~d. ro pay any otF~ liabil~ty whatsosvsr to dank when dw; (b) iM dsath of any Obliyorj E th~ filirp of any p~tition under ths 8ank.u~my Acr, o~ any :imilar federal or stat~ statute, by ora~ ainst any ObUpors ~n ~odiu- - tion for th~ appointm~nt of a receiwr for, ths maktrq of ap n~ral assiQnmenl fw ths b~n~fit of asditon by, or th~ iruolwncy o~ any j Oblipor: H+~ t++try of ~ i~d~em~? t ~irut any Obliqor: (fj tM iswinq of any attachrr~m or 9arnishm~nt, or tM filirq oi aMr li~n, 1 p~lntt any proptrty of any Obliqa• th~ t~kinq of pots~uion of any substantial pa~t of the proptrty of ~ny Oblipor at th~ irutuip of ~rry qov~mmeMal ~uthwity:(h ) tFie dissolutlon, nierp~r, corqolidetion, a rsory~ei:atton of artiy Obliyor• tht attiperrwnf by any Mak~r of any puny te amr of the tollsteral without tM wrirnn cons~m of the 8ank. Each ObtiQor Mr~by waives ~ny rpuir~nwnt of ~ notiw or d~mand .~ft~ctinp :uch ~cael~ration insof~r ~s sucti requirem~nt bt in additioe ro th~ m~.~ ex~rcis~ of any r~erwdy ~fford~d in this tJ~ or tM irnY~tution of wit by th~ th~e+ hold~r. _ . eank-~hs11 h~v's, but shall nae bs Ilmitad to, th~ followirg rtohn, e~ch of which m~y b~ exKCis~d ~t ~ny tln~ wlwtF~ or nof thit not~ is du~: to pledy~ w t~snsf~~ this nott ~t~d the Coll~terd ~nd. Bank shsll therwpon 4~ nliwad of.all dutia and rosponiiWlititt - I+~nurd~r ind rtli~vsd from u?y and dl li~bili~r wifh nfpett to ~ny Co11aNr~1 so pbeiq~d or tr~nshrred, and any pbdqw or narw hrN shall for dl purpo~s st~nd in tM ptaa~ of Bank F?~nur~der end have all th~ rqhb of 8~nk i+~rtundN; (i~ ro bsrahr tM whol~ ~ orany part of tM Coll~t~ril into the nurw of itsdf w its ramine~; Ci~ to vot~ th~ Cotl~roal; (iv) to notlfy sh~ Obliqon oi any tol- I~t~ra1 to mak~ piyment to Bank of amr amounh dv~ o? to becom~ due th~rron: (v) to d~m~nd, su~ fa, coll~ct, a nub- any oompro- ~ mise w settbrt~ent it d~ms dedr~bl~ with rohnnce to--tM Collat~ral; and (v~ ro e•k• conrrol of_,ny proo~.ds of Cottae~rN ~ Bank b henby q'rven a li~n upon and •~curity iro~nst 1n all prop~rty of ~ah Obli4or now or at ~ny tirn~ henak~r in th~ por ssssion ot Sank in arty up~city whatsoev~r, tncludirp t~u1 nof IimH~d to ~ny batana~ or sfiar~ af any d~posit, fnrst, wp~ruy aaovM, f s th~ s~cwify fw thf paymero o! this noh, u~d a simila lien upw~ ~nd WcurAy IM~rest in all wehpr opeAy of ~ach Maker a saurlty , fw tM p~ynNM d slt other li~bilitits of ~ach J11{~ksr fo B~nk (indydioq IiabilitiK of ~t~ch Mak~r ~nd any Whe? p~nonf: ~nd d~nk shall i hsw th~ ~am~ riqhts ~s to such propNty as it ha with r~spat to tM Col(st~r~l. ~ ' If B~r?k deerns itself insecuro a upon tM oaurr~no~ of ~ny d~f~ult herevnder 8ank shslt have ths fwaclosure and oth~r ~n+edhs of i s~cund pariy under tha Unifwm ComrtKrcial Cod~, or oth~r •pplfuble I~w and, witi~out Omitirq th~ y~e~r~liry of tFr fore~oirp. ~ ~ Bsnk shall haw tt~ r~qht, immediately snd without furtFwr action by it, to set off a~i~st this noh all ow~d by 8ank in sny ca- ~ pacity to ~~ch ~r any Maker, and if sud~ wt off shal! oocur, 8ank sh~ll be deem~d to haw ~x~rctsed sucl~-r t of s~t off ~nd to Mw made ~ cfiarq~ apainst ~ny such nwney immedi~t~ly upon tM oocurnnos of wch default sv~n thouph s~r~ is rnad~ a~nt~nd on tht books of 8ank wbs~qwnf tMreto. Unl~ss fi~ CollatNat is~p~rishabl~ or thn~»ns to d~clin~ sp~edily in vdw a is o~ ~ typ~ custanarily sold on • nco~nizsd mark~r. d~nk will 9iw Msktr ?~~sonabl~ notia of th~ tim~ and plaae of ~ny publk ~le tl~eof p p/ the rime at»r which .ny privaa sa~ w any orhsr im•nd.d dwposirion rhenof is fo b~ mad~. Th~ r~riremtM of naso~abl~ noHct shall be m~t-if s~ch notice is mai{sd, postps prspaW, to any Mak~r at tF+~ addnss qiven bdow or at ~rry WMr ~ddr~ss sFwwn on tFw hc wds of the B~nk, et kast fiw days before the tirne of tt+~ sal~ a disp~ition. Upon dispositbn of any Coll~t~r~l ~fMr th~ occwrtnc~ of any def~vlt Mrtunder, AAak~r shdl be and ~emsi~ liable fa ~ny d~fici~ncy; and Bank sh~ll aooovnt to Makt~ for arry wrplus, bul ~ Ba~k ~hal! hav~ tM r~pi,r to apphr all or ~ny p~.t of ~uch wrplus (o? a hold the ssn+~ a• r~urw p~ins~ any and all o~Mr li~bilitt~s of e~ch or any AAakK ro B~nk. _ 4 No d~tav or omiuion on rM •pm oi d~nk in ~xucisinq any ri~ht Mrwnder sh~ll op~r~lt as ~ w~iv~r of such rt~hr or of ~ny dF»r ?I~M w~d~r ti~IS nw~. ?rt~mnwnt, dtm~nd, p?o1Kr, notiu of dis~ionor u+d txt~nsion of tim~ without notke ~n h~nby waiwd M ~ ~acfi ~nd twry Oblipw Th~ Oblpas. IointlY and sev~r~lly prom~s• .rid pn. ro pay .11 oosa of eoll.crion .nd n.sa+.bN ~nore~n• f fa~s (not I~st than 1~'J6 of th~pr incipal sum) incwnd or pjid ~y 8ank in ~nfordnp thls rwt~ upon 1h1 occurnno~ oi ~ny d~faulf. ; Any notio~ fo MakN shall b~ wffici~ntiy u~wd fp~ all purpo~s if I~ff upon or plapd in tht mail, postaQ~ prp~id, addnaad fo fh~ ~ pIlR11f!! ~1 1FN ~f~if ffWWfl b1~OW Of Nly OfF1N i~fNS fFW'Wf1 Of1 ~f1~I'i f~OW~f. r. : 1M~rw~r thn nwe it ~x~cuted by • co-m~k~l a• who is N+~ wih of ~ mak~r'or ~ndorwr, th~ ~Nd wlh do~s;F~aby ~x• 3 pr~ssly ackrawl~dpt tM wifhln d~b~ as h~r ~oiM and M~d ~ 1 d~bf. G:. Each of Mak~r acknowl~dp~i n ~tid_ oopy of this th~ ~bd~r~; d~ . Z ~ ~?dd..,.: $2 17~tmuar Ad. ~ ~ ~ - - • .w_ (sw~ - - ~ g - ~