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HomeMy WebLinkAbout0783 , ~ , i ~ tl ! I t ~~ii: i : ~_?:'it: ~ {NSTALIMEN? NO?E r . . . ~ . ~ BANiI NAME (S~CYf~I ~DII UQNtYhil! ' ~l i.'~ r.E-:r:~•,~ciaEl : : ~~:~st :n.~.~~.h, I~l.oz-i-~a ou~: --~1~:'__~._ w _.g~ _ ,12,39I.<;~__ ~i LOCATION • r # . Nob Ne. ~ Dat~d: ~~C t. 2~_. 19 ~ F toan T.rn+:: ~ Praeds = 9~ 72i3. t~i~ ~ 5iXty . (.EO) ~ku1'ths NNANCE ? 671 80 ' CHARGE : a - - . . . . _ . . . - atter date the u~dersigned, hereinatter called Maker, jointly nd severally ~ocumem~ry promise(s) tor vai~e rece~ved to pay to the order of the , at 1ts olfice SqmM 1 as I~sted above the sum of (total of payments). . Credit li b'or lifs __'EWF~tI~ 'I~~':'D 'I~~~ H(R~ NIl`IEI'Y - • 60~1t~ d~ ~isa i dy) Ins.i ~ - - . . . _ _ ~II O~her (itemiz~) - - _ - . • - ~rs ` _ wifh intarAtt fF?~rso11 al the raM Of ~~Q~ 96 per annum, all _day~ le in : - - ----ufl monthly inst~llmenn of s _ 3 each on fFro _~tfl.' ay, of : oye y~rh , each suocessive month tanme~cir+q on ~E'C 6.. . 19 . 75 . 1 t~er - • BAUOON PAYMENT O~ i- . _ . . AMOUNT ~ . ow _ . X. 14~ . _ ~n~uNCm s ._...9l720.C~0,----- 1 A fins computed at the rote of s.05 per 51.00 on each ins~at~ment in daiautt fw ,~~~~fely collectsd a period in excess of 10 days may be charged the Maker. No such fine shall exc ~,a?pes (itemizt) _ , =5.00. Maker is ~eqvired to pay aN costs of co11ec1ion, includinfl a reasonable att ~ n~y's ise if roferred iw collection or leyd p~oceedinys. All peymenrs. whether pri ~ cip~1, interost w otherwise, not received when due shall bear inrerost at 1096 s------ annum from dw date until paid. All payrr+eros made hereunder sha11 be c~ed~~ = NUAt ~ERCENTAGE RATE _..IO % ~ fint to i~terest, the~ to lawful charges then acaued, and last to p~incipal. ~ ~ If ths loart is pcepaid i~ tull, accettrated or rofiner+ced, t1+e Make~ shat{ ss of 1he f~vc h eveN receive such ~efund of the un- ~ earned portion of the c.edit life insurae+ce p.emium and f~nance charge and such o~he. 't.'~s may be rpuired by law w as may b~ netestary to evad usvey, provided th~t the Ho{der msy retain a min~mum ii:,ance charge ,~25.00, whether w not oth~rwiss ~a~Md, i and except in the case of a refinan<inq, no f~nance chs~ge o~ premium re(und shall be madq!N it amounts to less tha~ i1.00• Rete~tioe~ i of any minimum finance shslt be in addition to service charge it any. '/1ny tar+yuaye elsEylf~sre Mrein to the contrary npfwithsqndinp, ' rwither Baok nor any helder he.eof shall receive o. retain any charge or interesr net altowed by law. ~ As security fw the payment of this note AAaker hss pled9ed w depos~led with 6a~k the followi ~ ~,1538$_.uzxlivic~ed ~w wovenr. - - int~g.st---~.r~~-~-l---~~.~-I~eef--C~a~~1•---I~.._rea4td~.n.O~R.--~k-250~--p~e.293I.-'--L~it ir`c~.ks i 9iz~nd 10 itt C~?r~. C~iS, .~IO. C~-2~ said r.rarrraac~e. ; . (includinp a!! caah, stock and othe. d~vidends and a11 .ights ~ Eubscribe fa ~ecurilies incideM to, dec{ared w qranled in connsction with such preperty), which property, togert:er with ali add~rions a subsritunons hereaire~ R~ed9ed w dePosited with Bank is catled the Col- ~ lataal. The Collateral is also pledged as security for all ot Iiabitities ta Bank, (primsry, secondsry, di~ect, co~tinQsnt, sole, joint a several), due a fa bccome due or which msy be herlff ntrscfed or acquired, of each Maker (a of each Msker ~nd any olher psr- aw~)_ The su~~er+cier of this note, upon payment w o~h ise, shatt not affect the righ~ of 8ae+k to resain ths Collatenl for stxh other ~ liabilities. ' CRE~IT LIfE AND CREDIT LIFE d~ ~ISAB{~ITY INSURANCE ARE VOLUNTARY AND NOT REQUIRED FOR CRE~IT. Such insurante ~ ' coverage ~s availAble at the cost desic,N,atcd;,pelow tor the term of +he credit: (s) : fw Credit life In• ' w~snce (b) S _ . . . . for Crcdi~ liie 6 D~sabitity Insurance: ~ ~ Ck+ack ` ` ? Appl. ? Credit life Insurante is desired on the life of . - - ; ~ ~7' Box - - - . . Birthdate _ . - - - t - - ~ o ? Credit Life d~ Disibi~~ty Insurance is desired on - _ _ , _ - - ~ ~ ~ . ' ate _ - - -------------------------•--M.~ ~ - - ~ - - : c-: o y~ ~ ~ C.edit life and/or Oisability Insurance i o? desii . _ - - - ~ o r,ct. 28, 1975 s~'i~c ; - Dets: - ~ Si~oature - - - ~ ^'YX'AZt3 ALt~'A ~ Z 1*aC. i , ~ 0 v~t Siynature - - - - - . . - ~Y ~ - Additions to, reductions or exchanges of, or svbst~t~fia8s~or~1~~2"sl, payments on accouot o~ this loan or increases of the / s4me, w other toans made parteatly or whotly upon thdCollaterai, may from simc to time be made wilho~t affectir~q the provisions ~ " of this note. Bank shall exercise reasonable care in the c'listody snd prexervation of the Collateral ro the extent required by apptiuble statute, and shaU be deemed to have exercised reaso~ab~e care if it takes such sdian fo? that purpose as Mske~ shell reasonsbly rpvest ~G. in writinq, but no omission to do any sct not .equesred by Maker shall be deertxd a failv?e to exercise reasauble tare, snd no omis- ~ ~"s sioo to comply with any re4uest of Maker sfia11 of ~~sefi be deemed a failure to exerc~se reasonable care. Bank shall not be bound fo fake any steps necessery to preserve anv rights in the Collateral against p+ia parties snd Maker shall take all necessary steps for. such purposes. Bank or its nominee need nat collect interes~ o~ or prinupat of ar.y Collateral or give any nofice with respecl to it. If the Collateral shatl at any t~me become unsatisfactory to Bank, Maker shall within one day after demand pledpe snd deposit with Bank as part of the Collateral additional property which is satisfactory to Bank. If Bank deems itself insecure, oc upon the happening of a~y of ~he foflowing events, each of which shall constitufe s defaulf here- under, all liebilities ~f each NSaker to Bank sha? ~hereupo~ or thereafrer, at the op~ion of Bank, without ~otice a demand, become dut ~ and payabk: {a) the faiture of any Obtigor (which tt.m sha11 mean and include each Meker, endorser, w~ety, and yuarantor of ihis note) to perform sny agreement hereunder, to pay ~nrerest hereon within ten dsys after it is due, o.• if there be no due date, aher it is bi{led a othe~wix re~uested oi demandea, to pay any other ~iabil~ty whatsoever to Bank when due; (b) the death of any Obli~; {t) ?he filing of any petition under the Bankruptcy Ad, o~ any similar federaf w state s~atvte, by orsg a~nst any Obligor, s~ app ica- tion for tfie appointment of a rece~ve+ tor, the making of a neral assignment for the 6enefit of credito~s by, w Ihe insolve~cy of ar?y Qbligor, (e) the entry of a iudgement against any Ob~~go.: (~the issui~g of a~y anachme~t o. yar~~shmcnt, or the filing of sny lien, r a~ainst sny property of any Obligor: (9) the taking of possession of any substantial pan of the p.operty of any Obliflor at the instance of any yove~nmental authoriry; (h) the d~ssotution, merger, consof~dar~on, o~ reorganizat~on of any Obligor; (i) the sss~ynment by sny ~ AAaker of any equity in any of the Collateral without the wrinen consent of rhe Bank. Each Obligor he~eby waives any requiremtnt of notice w demand reflecting such ac_elerarion i~sofa~ as such requirement be in addition to the mere exe.ciu of aMr remedy affwded in ~~i a this Note o? the institution of su~r by the then holder. Bank shs{I have, but sfiail not be limited to, ~he following riahts, eac~ of which msy be e:ercised at any rime whether or not this note is due: (i) to pledge or transfer this nore and the Coliaterat and Bank shaH thereupon be relieved of all duties and ~esponsibitit~es ' he?eunder and relieved from any and ail Iiab~Iity with rospec~ to any Collareral so pledped or transfened, and any pledqee or tranr - feree shall fw all purposd stand i~ the place of Bank hereunder snd have alf the rights of Bank hereunde.; (ii) to transter the whole w sny part of the Colleteral into the name of itself o. its nomir.ee; (iii) to vote ~he Collateral; (iv) to notify the Obtigas of sny Col- lateral to make payment to 8ank of any amovnts due or to become due thereo~: (v) to dema~d, sue fw, co4led, w mske any canpro- mise or ser.lement it deerr?s desirable with .eference to the Collateral; and (vi) to take cont"ro1 of any proceeds of Collateral. Bank is he~ebY 9iven a 4ien upon and a secu.ity interest in a11 properry of each Obligor now or at any time hereaher in the pos- = seuion of Bank +n any capacity whatsoever, including but not timited to any balance a share of any deposit, trust, a ege~cy account, as tt+e seturity fw the payment of this note, and a simitar lien upon and security interest in all suchpr operty of each Maker_ as securify fw the psyment of all other Iiabilities of eech 1Nlaker to Bank (including liabilities of each Maker and arry other perso~); and Bank sha{I have the same rights as io such property as it hss with respect to the Co~lateraL tf Bank deems itself insecure w uoon the occur.ence of a~y default hereunder Bank shsU hsve the forec{osure snd other remedies of e SKUred party under the Uni(orm Commerc;al Code, or other applicable isw and, wi?houf limiting the 9eneratity of the foregoinq, Bank shalt hsve the right, imrt+ediately and without (urther adion bv it, to se~ off aqains~ this note atf money owed by Bank in any cs- paciry to each or a~y Maker; and if such set off shall occur, Bank shall be deemed to have exercised such right of set off and to hsva made a charge against any such money immed"+ately upo~ the occurrence of such default even ihouyh svch charye is made w entered on the books of 6ank subsequent thereto Unless the ~ollateral is psrishable a threatens to decline speedily in valve or is of a type customarify sold os+ a recognized market, 8ank wifi grve Maker ~easonabte notice of the time and place of sny public sale thereof or of the ?ime after which any private sa!e w any other intended disposition thereof is to be made. The requirement of reasonsble notice shall be met if such no?ice is maifed, posrage prepaid, to any Maker at the address given below or at any other address shown on the rec- ords of the Bank, at lenst five days besore the time of tht saie ar d~sposit~on. Upon disposition of eny Collaterol sfter the occ~rrence ' of any defavlt hereunder. Maker s~+all be and remain liabte fo. any deficitne/; and Bank shall account to Maker for sny surplus, but Bank shall have the right to apply a!I or any part of such surplvs (o~ ~o hold the same as a ~eserve ayains~) any and sll other {isbilities of each o~ any Maker to Bank. No delay or omissian on the pare af Bar+k in exerc~sing any right hrreu~de? shatf operate as s waiver of svch riqht or of any other right under this note. Prexnrment. demand, protest, notice of dishono?, and extension of time witho~t notice are hereby waived by each and every Obligor. The Obtigors, iointly and xverally, prom~se and agree to pay all costs of collection. end reasonsble attwneys' fees (not less than 10°,fe of the prirKipal sum) incurred w paid by Bank in er.forcing this nofe upon the occurre~te of any default_ Any noti~e to Make? sha11 be suff~uentiy served for a11 purpous if left upon o. p!aced in the mail, postsye propaid, addressed to ths premises at the sddress shown below w eny ^~`:s: ejdress shown on Bank's recwds. Wherever rhis note ~s cxecu+ed by a co-naker or endorser who is the wife of a maker or endwser, ihe said wife does hereby ex- pressty acknowledQe the withi~ debt as her joint and ~ndividual debt. . Each of Maker acknowledget receipr of s completed topy of th~e o~ he above da~ , f ~ . ~a A~flSi: . .~7 i~ 'V~ % ~i3 . ~ ~ ~ n . _ . . . . . _ - I' ~ I~ ~ . - . ~ . - ~'i~ ~.Cvi~.C~ ~ riV~1. ~bQ :''tit~ ' ~.^~F ir:Z ' ~Z~. i'~A~ ' LI~C1 :s~~'1~,'~l~x ~'<C • _ • ~ ' ' ' . . _:."""'_"f?-'""'""'""_..._...._. ~ - - ~ . 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