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Home My WebLink About0794 ~'y ~OtIATER~ii~ GEMAND NOTE • f+ c~ l ln.?n Terms: p~ [L ~ Procee~~s s ~?.7 N~ No. ---~_T ~ated: ~b~~Sr. 19~._ FlNANCE ~l~/~~ . f~f~ CHARGE ~ ~ `s1 ~8/ Dq. S v y c«?,P~r~d e s,~.~.__._^ date, ths undersigned, he~einaftar called Maker, ioiNty and sev. MoMha MaturiW ~ eratly promise(s) fo? value received fo pay to fhe orde~ of Firt~ Nstional 8a~k of Foif P1~n~, Documentary ~ - h irtaker a!! 8a a~ ,jts office at rt Pierc~, FI rida the~sum 9~~. Stamps ~~1~---~:..__-~cC~~..~ - --~;fZ.s!1.__~L~__r~llars Credit life (or a~ - life ~ Disabil- _ w~th ~terest thereo~ at the rate of X per annum, payab!e et maturity, o~, if ity Insurence maturity be more than 90 days from the da e hereoF, payable qua.terly. Al! payments made pther (~rzm~ce) hereunde~ shall be tredited firsf to in?eresl, then to lawful charges then due, and last to principal. All paymtnri, whethe~ principal, interest or otherwise, not received when due s-- shall bear interest at 10X pe? annum f?om due date until paid. Any lar?~uage elsewhere s___ hecein to tM contrary notwithstandin~, neither Bank nor a~y holde~ hereaf shall teceive or retain any charqe or interes~ not allowad by law. S_--__..~_. As secu~iy for the paymenf of this note Maker has pledyed w deposited with Bank AMOUNT the foll win9 _ ~ fUVANCED = ~~00`'~ ~~~.C C!__~__L_l_w___.___~~;,,~~.~1.,.~Cr_~ ~Q~_ ~~•L~G ~6Csy~.~ SePara~ely cofleded - : charges(itemize) _ a - s _..___.j~~~ ~ ~ ANNUAt PFRCEN~AGE RATF ~X (inciuding a11 cash, stock anc3 other dividends and all riphts to subscribo for securities inc7dent to, declared or granted in connedion with suc? property), wFiKh property, together with all additio~s and substitutions hereafter pledged or deposited v~ith Bank is calted the Collateral. The tollareral is also pled~ed as ser~?ity for all ofher liabilities to Bank, (primary, setondary, direct, contingent, sole, joint or several), due or to become dus or which may bs hereafter cont~acted or atqui~ed, of each Maker (or of each Maker and any other person). The surrender of this note, upon payment or otherwise, shall not effect the ?i~ht of Bank to reta;n the Collaferal for such oiher liabilities. CREDIT tIFE /1i~t~ CREOIT lIFE d~ DISABILITY INSURANCE ARE VOLUNTARY AND NOT RE(.;JIRED FOR CREUIT. Sud~ insuranoe tovcragc- is available at the cosf desiynated below fot the term of the crcdit: (a) ; fo? Credit Life Insurance (b) _ - ~ for Crodit Ufe d~ Disobility Inw~anas: ~ Chedc ~it Ufe Insuranoe is desired on the life of~ - ' - - _ ' Appl. ~ . - - - - - • ' - - ~3 _ - - - ' Birthdate - ' ~ - - • _ - . -Q Gedit lFft d~ Disability Insurance is desired on = - - ' _ ' _ . _ _ : , . - _ _ - . - - - ' - " Birthdate - - _ . - _ . _ , - ' 'O. Gedit~Ufe a~d/or Disabiliy Insuranoe is not desired. ~~j - ~ - ~ - . ~ - `i~~ DatF ~ ~ - i } t - . = i ; - SiQnature . , _ _ : - . ' : _ ~ ~ • bi :-'ts - - - ' • - SiQ~aturp - • - ~ - _ - ~ - ' - . _ - - - . . _ . '/4dditions to, iedudions or axthetqes'of, or substetutions for~ihe Collatersl, pDymenti on account of this loan or increases of the same,~or otiee~ loans made partiatly or wholly upon the Collateral, may from time to time be msde without aHecting the provisions of this nofe. Bar~k it ~xercise reasonable care in the tustody and preservation of fhe CoNateral to the extent required by applicabk statute, and shelf be - dearned to have exercised reasonable care if it takes wch sdion for that purpose as Maker shall reasonably reGuest t~ writin~p, but no pnis- ; ston to do arry aet not requested by Maker shall be deemed a failure to exercise reasonabfa care, and no omission to compfy with any re- • ~ quest of Maker shall of ihelf bs deemed a failure to exerc;se reasonable care. Bank shall not be bound to take any steps necessary to pro. • serve amr rights in ths Collateral a~sinst prior psrties and Maker shall take all necessary staps for such purposes. Bank or iri rwminee need -not oollect interest on or principaf of a~y Colfateral w 9ive any notic+e with respect to it. - ' If Nx ~oltete~at shall at any time beaome unsatisfactory to 8aok, Make~ shall within one day after demand pled~e and deposit with gsnk~- , as paR of the Coltateral additional property which is satisfactory to Bank. - - , - If Bank dee~ns itself insacuro, or upon the happening „Qf any of the folbwing events, aach of which shall constitute a default hereunde~, , all liabititie~ of eath Maker to Bank shal! the?eupon or thereafter, at theop tion of Bank, withovt notice or demand, become due end payablr. (a) the fa;ture of any Obligor (which term shall mea~ and include each Make?, endorxr, surety, and quarantor of this note) to peeform any preement hereunder, to pay interest hereon within ten days aher it is due, or if there be no due date, aher it is bitted or otherwise requested w demanded, to pay eny other liability whatsoever to Bank when due; (b) the deaih of any ObliQor; (c) the filin~ of any petition under the ' Bankruatcy Act, or any similar federal ar state statute, by or aflainst any Obligor; an application for the appointment of a receiver for, the maki~g of a general assiQnment for tF~e benefit of ueditors by, or the insolvency of any Obliflor; (e) tha entry of a judgement apainst any Obli~w, the issuiny of any attachment or 9arnishment, or the filin~ of any lien, against any property of any Obligor; (g) the takinq of possessian of any substantial part of the property of any Obligor at the insta~ce of any yovernmental autiwrity; (h) the d~ssotution, merger, rnnso(idation, w reorQaniution oF any Obligor; (i) the assignment by any Maker of any equiy in any of the Collateral without the writteo eonsent o the Bank. Each Obli~or hereby waives any requirement of notice or demand reflecting such aaeleration insofar as such require- n+a~ !x ~ sddition to the mero exercise of erry remedy affa~ded in this Note or the insriturion of suit by the then holder, ~ Bank shalt have, "but shail not be timited to, the fo!lowinfl ri~hts, eacl~ of virhith may be exercised at any time whether ot not this note is due: (i) to pledye or transfer this note and the Coilateral and Bank shall thereupo~ be relieved of alt duties and responsibilities hereunder and relieved f~om sny and all liability with respect to any Collaterot so ptedged or hansferred, and .any pledgee er transferee s1w!! for a!1 purposes stand irt the place of Bank hereunder and have a!I the riyhts of Bank hareunder; (ii) to transfer the whole or a~y part of the Cot_ lateral into the nanse of itself or its norninee; (iii) to vote the Collateral; (iv) to notify the Obligors of any Coltareral to make payment to Bsnk • of aery smounts due or to become dve thereon; (v) to demand, sue for, collect, or make any compromise or settlement it deems desirable with neferer~s to tfie Coltateral; and (v~ to take control of any praeeds of Collateral. Bank is hereby giveo a lien upon and a security interest in all P~roperty of e~ch Obligor now or at any time hereafter in the possession of Bank in any capacity whatsoever, inctudin9 but not limited ta any batance or share of any deposit, trust, w agency account, ss the security for the payment of this note, and a similar lien upo~ and aecu~ity interest in all such property of each Maker as security for thr paym~nt of i ai! other liabilities of each Mbker to Bank (intludiny lisbilities of each Maker and any other person); and Bank shall have the same rights as to such property as it has with respect to the Collateral. _ ~ . _ =_tf 8ank deems itself lnseturs or upon the oocurrence of any default hercunder Bank sha!I have the foreclosure end other remedies of a ' j sewred pa under ihs Uniform Commercial Code, w other applicable law and, without limiring the generafiry of the foreyoing, Bank shall i have ff~e "n~it, immediafety end without furtha~ scf+on by it, to sM off agains! this ~?ote ail money owed by Bank in any capaciry to each or ' any Maker, and if such set off shall oocur, Bank shall be deemed to have exercised such right of set off and to have mede a charge against ~ ~ any suth money immediately vpon the oaurrence of sud~ defautt even though such charge is made or erttered on the books of Bank subse- ' ~ qvent thereto. Unleu the Collaterol is perishable or threatens to detli~e speedily in vaiue or is of a type customarily sold un a recoqnined market, 6ank will 9ive AAaker reasonable notice of ihe time and place of any public saie thereof or of the time after which any private sale or eny otF~er intencled dispositio~ thereof is ta be macle. ' The requirement of ?easonable notice shall be met if such notice is mailed, postage pre- paid, to any Maker at the address given below or at any other address shown on the records of the Bank, at least five days before the time of the sale or dispositio~. Upon disposition of any Collateral after the occurrence of any defauit hereunder, Maker shalt be and remain liable for a~y deficiency; and Bank shall eooount to Maker for any surptus, but Bank shall have the right to apply all or any paA of such surplus (or to hold the same ~ a reserve aQairnt) any and ell other liabilities of each or any Maker to 8ank. ~'•~No delay pr omiuion on the patt of 6ank in exertising any riqht hereunder shatt operate as a waiver of such riyht or of arry other rlqhf ~ im'der this iwte. Presentment, demand,pr otest, notice of dishonor, and extension of time •r:~thout notice are hereby wsived oy each snd __every Obli9or. The Obl~, jantly and s~verally, promise end s~tee to pay all costs of co:~ection and reasonable attorneys• fees (not leu -lfiart 10!'. of the printlps sum) incv?rod or paid by 8ank in enforcinq this note upon the oau?.ence of any default_ Any notice to Maker shall . bs sufficiently servsd for all purposes if left upon or plsoed in the mail, postaqe prepaid, addressed to the premises at the sddress shown b~bw or eM? other address show~ on 8ank's reaotds. - - - ~ - - - - - . . . . - • ; ~ • - . _ - ~ _ ; Whenvef this no1~ is ~xecuted ~i~~ oo-maker or endorser who is ths wifs of a maker a endorser, the said wife does hereby ~xprasity adcne~wiedpe the within dtbt es Ftsr (oiM arid tndivldue! deM. - - fad~ of AAalcer ~dcnowi~d~es r~eoMpt of a oompletad copy of this Note on the sbove date. - _ - ' ~ J ~ . - - • ' _ - _ - . - _ '{t;,.:~•ji _ ~~da..u: ~/S ~TG C• cs.,q _ _ ----~,i.^, . - . _ - - ~1' . - I;t = ' ~ t,' ' , ° = , _ .6~R'~ .S~~S~R~TAC~iED - ~KI~~,~:.,j. ~c . _ - . 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