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TURTLE RE~F ASSOCIATES, IHC. 1
~~r~ Non
, 6 N NAM (~Yf~ M~ YANWf~
P.O. 8ox 61~,~Jt~ae~1 8~~tiCA, Fl 33457 ~ r~ ~~81 r,~4.20
, ~ LOCAt10N ~ _
t~lM~ Na DN~ ~~6 . 117~_ - t~n T~
' ??a«d~ i •-2.,~$Q.~U...._.
ra~uNU :
s _.----7.b~.2II..._._ .
-sixt,~r-jbfl~.~Nanths cw?~os
atter d~te_tM und~rsign~d. he~~inaftsr ulled Mak~r. jointly and sev~nlly Oocr,nw~t~ry , _
promis~(s) for wlw ~eaiv~d-f'o p~y to thti o~der of the 8ank, ~t its oftica tqn+p~ .
u list~d abow th~ wm ot (totat ot paym~Ms tadH Uh (or lfh
T h u and five ,hundred .~ort~ four--~---a~~~~ a ot..~in~?~ i~..s
~
~w~~..~~~~~~.~~~ti~~~~~~~~~~~~.~~~..~.~~.. ~~~fl. ~`"?N~1~~~ . . ~ .
~ ..r
wtth MMntt tMr~oe N tM rat~ of QQ..._ % ~ annum. ~11 p~yabl~ io ='...'.~.l. •
p~ -
namhly uat~~un«,a of :.--.---53.A7;_ .~d, on th~ .~.~QZrt ~y ~ :
tach ~uoo~tsiw monM oonun~ncinp a+ ~.P.1.te.Z~~.~.~_... 19 a 1.. toq~t~ with , . .
._e~uooN PAY~M oF s_.~p~e....__._..... a,. ----•..._X..__ .............1e pw?Nt~ Z 780 OO
A fin~ ooenput~d N the rNt ol =.OS pK s1.00 on ~~ch insUl!rn~nt in dsl~utt for =••._..:."""w'"""""'
•p~ ~iod in ~xatt of 10 d~yt may M cha.p~d ~M Mak~r. No such fine thall ~xcMd ~r~~ cdl~cNd
i5.00. M~kK Is n~uind to ay_all oo~tt of cotbction. iecludirq a nasonablt attor- r~^jn)
nh/t fN ff nhrnd fw oolt~Wpn a Ipd prooNdinps. All p~ynwnt~. wh~tMr prin- .
Np~l, InMrott or oth~rwis~, rwt nuiwd wh~n dw ~hall b~ar inMmt N 10% pN i._...~~_.~_~:_ `
annum frari dw dah unt~l pad. Ail piyrn~nb mad~ fienund~r shall b~ cr~ditsd ANNUAt 'ERC~NTAOE RAT! ).Q._ %
Arst ro int~r~st, tMn ro lawful eha.p~s tMn ~ee.ued, ae+d l~st ro prineip~l. .
If Nr Iwn ispnpa id tn (utl. aoc~l~rat~d or ntin~nced. tM Maker shall ~t of ~M dah of wch ~wM no~iw wd~ nfund of th~ un.
•arn~d portion of th~ cndit lih insuranc~ promium Md iin~nce ci~arq~ ~~d such otlur cndit p~nj~ b~ nquir~d by ~~w or q nNy b~
nKess~ry w~void usury. provid~d th~t tM Hold~r may »rain a enlnimum fie~ann d?uy~ o! =2S.Od, wMtF~ a no~ ofMw?is~ ~amd,
and ~xe~pf in th~ us~ of ~ n(inancinp, no fina~c~ charqe or premiuen rofued shall M mad~ if it amountt to I~ss than =1,00, 1t~Nntioe
~ of ~ny minimum financ~ shall b~ tn ~ddition ro s~rvic~ charq~ if any. Any la~+qwq~ NawhK~ Mnin to th~ contr
? nNN+~r sank na any hold~r Mnof sAall r~ttive or r~t~in • cha ~ +ry ^~~bndinp.
r?y qe or inhnst not aitovwd bw. -
y ~ N,.a,~iti 1M p~ynrnt of this rwM Mainr hu pl~dp~d a d~posit~d wirh 8ank tM followinp p.~.,~„Z- A_
0. 0384X und 1 v i ded
' ~ • interQS~ _i~..Iur'x.1~~~.SA~~_....~~Q~'_'~5~. ~lL..S~..R~ B~ok 25Q, PA9e -2931. . . Un1 ~ Week ~
~ o ~ ~ ._..~?~_i~~~~_ C-1~...APt..---~-7 ._r_~qrded in _said_ mort9a~e.~._.--~~-•------•-----
(includiep all ash, srock ~nd otMr divid~nda ~nd aU ~iphh to substribe !or s~curities intidint to, eNclK~d a 9rant~d in ca~ction wifh
`v+ l~ ~ v„~ suchp~op~~ty), whkh prop~rty, to9srMr wirh ~II add~tion~ snd ivbst7tvt~ons hereaf~ plecly~d a d~po~;ted v„fth Sank i~ uiNd th~ Col.
;`n ` (atKSl. The Collete~al is also pl~dqed as s~cu?ity fw alt wMr liabiliti~s to 8ank, (p~mary. sicondary, dinct, cont;eq~M.-ypl~. p;et a _ ~
F~ s ~vKd), du~ or ro becan~ due or which m~y b~ Mrealt~r contact~d or ~cquirod, of ~ach Mak~r (or of ~ach 1N41c~~ and ~ny aF»r pK-
e 1 son~ TM aurrond~r of this not~. upon paymtnt or otMrwis~, shall oot aff~ct tM •i9ht of 8~nk to nqin th~ CollatKal fo~ wch pth~r -.i
a . ~ Ii~biliti~s. .
3 CREQIT UFE AkD CREDIT UFE a DISABIUTY INSURANCE ARE VOLUNTARY AND NOT REpUIREO fOR CREa1T. Such imw~na ~
~ g cow.aps is ~wi1~bN ~t tM coat d~siprursd bebw fa tt,~ t~rm of the c?~dit: " . fa Cnd?t tib In.
~ suru~ (b) i____..__.._.._~..~._._._..__..---~_.___..---._.._ ior C?~d'et Lif~ i D'+s~bility Insunna:
~ ? Cndit Uh Ir?surana ts d~tind on th~ lif~ of ~
f ~ ~ .
~ Birthd+t~ -•-----.__.----•-..._.-------._...._-___~_~._._y...__
_ .
' ~ Cndit Lih 6 Disability insurar?ts is d~sir~d on - ~
' _ 6irthda» __.__.__T~ ~ ~
~ ~
~ G~dit Uh and/a D(sabilify Inw~~~a is nat .
_
! o.n: __:.12/~l_Z6______.------ s~~M~,n - - . ;,~ii 1 i iam A. Gabl e .
s~~.w~ _ • 4-•- Patr1 ci a A. Gabl e
Additions to, nductions or ~xchaAqsa of, w substituYwns fo? t!~ Coilder I p~ym~rNS an sotoum of this ioan o? incna~s of t!~ '
sams, or otFwr lou?s m~ds partially of wholly upoe~ th~ _CoHat~nl may frwn ~ms to tim~ b~ mad~ without •H~etirq th~ prov _
- of thii no». da~k ahall exercis~ r~~sp+~bl~ cs?~ in tM custody ana pr~serv~tion of th~ Go1lmr~l to the ~x»m req~ind by appl~~". ` ~
st~tu», and shall b~ dNm~d to have tx~rcis~d ruwnable uro if it takts such action for that purposa as Mak~r sFull nasanably rpu~t ~
in writirq, but eo omistion to do N+y ~cr not reqwstsd by Maka sMil b~ de~m~d ~ failun to ~xtrcis~ n~sonabf~ un. ~nd 'no pn1a.
! sion to oomply with any nqwst of Mak~r shall of itsdf b~ d~~med • f~ilur~ fo ~x~rc;~ r~uonabl~ car~. Bank shall ~wt bi bound to
I fak~ ~ny ~ps ?rasary ro preMrw any ripAts in the Coll~braf p~~~:r p?ro. p,n~.s and Mak.r shan r.k• .q n~a~ssary st~p~ for wth
~ purposss. Bank or its nomine~ r~d not uil~tt interat on a principal of ~ny Colbtewl or qiw any notioe with nspat ro N.
~ N fh~ Gdl~t~ral shall at ~rryr time bscom~ unsatisfaceory to Bank, Maker sh~ll wirhin one day after d~mu~d pl~dp~ and d~posn
with Banlc as put o~ tM Cdtat~r~l addit~onal prop~rty w6ich is satisfactory to Sank.
If Sank deemi itself insacun, a upwo the happeninq of any of ehe followinq w~nts, each of which shall conatitut~ a dsf~ult h~r~-
i undsr, afl liabilities of tach Mak~r to 8ank sMll tf+KSUpon or thereaRer, st ~h~ option of bank, without not~u or d~mand, b~oonw dw
~nd payabl~: the failun of Obli~o. (which t~rm sh~ll mse~ and include ~ach Mak~r, endon~r, suroty. ~nd ywrantw of thb
i noM) M p~rform aoy aqre~m~nt herevnder, to pay int~rost Mroan within r~n days after it k dw, or if thsn b~~~o d~s daM, ~fNr it -
~ " is billed o. otF~wise npwated a dsmand~d, ro psy ~ny ort~sr liabitity wh~~ve. to Bank when. du~: (b) tM de~th of arry Obliqo~:
~ ths filinp of any petition und~r ths Bankruptcy Act, a any similu f~r~t or sate st~tut~ by or inst ~ny Oblipor: (e~ an app(iu-
tion for th~ ~ppointtn~nt of • nuiver for, rhe makl~+p of a nerat assiqnment for th~ btns€i1 of a iton by, or tF+~ intol
Obliqor: ty ~M emro of a ~ue~o.m•m~+ ~ns~ anr Obl~qer: (~j th~ issuinp of ae~y atfacfunent a p~mishnNnf, a~ f~llnp ~~~I~n,
i painsr ~r~y prop.rrr of any Ob1i~w: t9) ths akinq of Dossi~s~on of any subsranri,l pa~r of tM propr~y of any Obl~por n ~1x tr~rano~
I of any pOVftmff~M~l aulhority;(~) th~ dissolution, me?~r, conwlidation, or rsorqaniz~ri9n of sny pbliqor: (h tF» assipr~t by ~r
` Mak~r of any eqvity in ~ny of tM Coll~t~rd without ths w~ttbn lo~nt of the Bank. Eath Oblipw Mnby w~iv~s any rpuinnNnt of ~
notio~ or d~mand reflectinq wch aoal~r~tion insof~r as wch r~quir~ment b~ io ~ddition ro rF~ mat ~urc;s~ ef ~ny nm~dy affordb fn
~ fhis Not~ o? N» i~titution of wH by t!w tMn holda.
i 8ank shall havi. but thall not bi limit~d fo, th~ followi?q riohb, exh of whith may b~ e~cisad at ~ny tim~ wMth~r w npt this ~
, noee is due: fo ~pl~dy~ a t~ansfe~ this not~ and th~ Coll~ror~l and 8ank shall fMnupon b~ nli~wd of atl duti~s and r~ponsibiliti~s ~
r~
f F»reur~r and r~liwsd fran any snd all li~bility with rssp~ct to any Coll~t~ral so pl~dp~d a t,•nshrnd, and u?y ptadq~ or tra~-
fen~ shall for all purpos~~ st~nd in th~ piaa-of Bank her~unde~ and haw all ?h~ ri~h_ts oi Bank hertund~rs (iQ to tr~nsfK tFN wl+ol~
o? any patf of ihs Cellateril info tl~e Mn~ of ih~lf w iif rwmine~: (ii~ fo vote fks Cal~teal: Crv) to. notify th~ Obllqon of any Col-
f Ieter~l to rrNke p~yment to Bank of any amounts dw or to b~com~ due thereon: (v) to dem~nd, we for, coltect, or makea~y
! mist or ~ttt~n»m k dsems d~siwblt with ref~renu to the Collat~ral; and (v~ to t~k~ contrd of any proa~ds of CotlaMral. ~a ~
! d~nk h I+K~by qiven a li~n upon and ~ s~c~rity int~r~st in ~It prop~rty of ~ach ObUoor naw or N~ny tinw hensftar tn th~ pot-
~ stasioe of Bank in any c~padf~r whatsow~t, includinq but not Iimited ro any batana a sfi~n of any d~posit. frusf, orap~ncy aoccunt.
~ a tht s~cwify for th~ rnem of.this nete, and ~ simil~r lian upon and s~wrify fm~nst in all wsh op~rty of ~~ch 11~ktr u s~cur i
sw p~ ~y
fw tFw p~ymN+t of all lilbilities of e~ch Mak~~ 1o Bank (indudirp Ii~bilitiK of ~ech N1~k~r and any otF~r p~no~?); ud 6ank sha(I ~
j haw th~ sam~ ri~hn a: to such prop~rty a N h~s witl~ ntp~ct to tF,~ ~ollate.al.
' If Bank da~ms itssN ins~cur~ w upon tM oaurnnc~ of ~ny d~fwtt I+~nwnder Sank shall hsve the foraclosun ar+d oth~r r~di~s ~
of i s~cured p~~ty und~r th~-11~+iform Comm~rcial Ced~, or oth~r appliuble law and, witF~out limitinp th~ ~ensrdity of th~ fwpoinq.
sank shatl hav~ ths riyht, Fmmediately and wNhwit funher action b it, to s~t aff pai~st this ~rote all mo~ty o~w~d by Bank inar~y u-
y ~ro
Wcity ro~acl+ a any Mak~r; and if such s~t off shall occur, 8ank •1,a1! be deem~d ro Fuw ~~rcis~d wch ?iQht of ~r off and M h~w
mad~ a char~ ayamst •r~r svch mon~y immedi~tely upon ihi oaurnrxe of wch dehvlt tvsn thouqh wch cba?qe is m~de o? ent~nd
on tM books of 8ank subsequent tMreto. Unless the CoII~eKa1 is p~rishabt~ o. thnatens to d~clin~ spNdily in valw or is of ~ typ~
customarily sold ori ~ r~coqnised ma~lut, 8ank will yive Ntaker reaso~able notla of-ths tim~ and plaa of ~rry publk wl~ th~nof a of ;
the time aiter whkh smr pin~t~ sak w ~rryr other int~nd~d disposition theroof is to b~ mad~. Th~ requinmem of ~sonabl~ notic~ shall - ~
b~ mM if~svch notice is mail~d,po~pe prep~id, to any Maktr ~t th~ ~ddrtss piven below w at any oth~r ~ddrtu ~shown on th~ hc-
wds of tF+~ Bsnk, at least five days b~fore tM.tirn~ of ths sale a dispotitie•n. Upa+ disposition of any Coll~ttrsl ~her th~ accurra~u
of any def~vlt her~under, Maker shall be ~nd rem~in liabls fw aoy d~fici~ncy; and Bank shall ~cco~nt to AMk~? fa any swplus, bul
Bank shall haw th~ ripht to ~pply ~II a~ny,%pa~t of suth swplut (Or ro hold ths sam~ as s r~sKV~ painst) ~ny and all oth~r Il~biliti~s ~
of ~ach a a+y Msker to B~nk. -
No dtlay a omtuion on tF~ p~~t of 8ank in ~x~rciiinq amr riQM h~.wnd~~ shall op~~a u~ w~fv~r ol sucfi M or af arry ofhM ~
, ripht under this not~. Pr~tnnn~nt, d~m~nd, protHt, r~otic~ of di~hw~o~. ~nd ~uqnsion of Yurn without notic~ ~r~~by w~iwd by ~
' s+ch and wKy ObI'~or TM OblfOon, lointly and sewr~ItY. Womis~ and pr~ ro pay ~II costs of coll~ction ~nd nasonabl~ ~»arny~' ~
I 1NS (not I~ss tFun lOX of tF~W ir?clpil wm) incurnd or paid by Bank in ~nforcfnp this noN upon thi oc,cur~np~ ,pf any d~huk. ~
An~r no~ic~ to lM~ka sMll b~ wHki~ntly s~rv~d for ~II purpo~es if I~ft upon o~ plao~d.(n th~ nwil: pottap~ pKpskl. ~d~aMd b th~ ;
pnrr+is~t d. th! addna shown b~low a~ny otl+~r addntf slwwn on Saek's naadt.
1Mkrw~? ti~is not~ a~x~cubd by • co-m~lar ot ~ndwNr who is tM wife of ~ en~kh, o? ~dorkr. th~ said wf{~ do~s h~by ~x• ~
ixeuly adcnowl~dp~ th~ within deW Mr joint srd individwl debt. 3 ;
~ Each of AAak~r ad~nowl~s natipt of • tompl~Nd copy of thi~ on~ th~ abwt - '
~wa~..: _...B~tCi~.._C~4Y~. ROa~ 80~2
_~6 - ~ ~
- Harwtc~, ~A 02~~$ , ~fiifiT ai~ . ~ ts..q ~ ~