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~ • PROMISSpRY NOTE
. O a~ , ~o% _ NHSECUr~o-TU~q 9/ r~
not~ ha 5 e~~~. Datsd: _ , 19 Due: ~ 19 =/~c' ~
` lwn Terms: '
f-~
. ° P~«~s = /~!~-9--7~'
etrer dar~ tM und i9ned, herei ~r callad Mak r, jantly end severally promise(s) for fINANCi iL !
vatu~ rsc~iv~d to ay to ?h~ order of Hnf Nstlond daek of h~ ri~rc~, hereinaher called ~~E
Ba ' st its ' at Fort Pi fl~
i~ su of ~t+
~t~ry
w~~h in rest thereon at the rete oI _..~G "'~~~~s
per snnum, payab e at matu~ity, or, if Crodit life (ot
matur~ty bs moro thsn 90 daya from th~ dat~ hercof, payable quarterly, All payments made ~~fe b D~sabil- _
hereunder shall be aedired first to interest, then to lawfui charyes then due, and tast to -
principal. All psymants, whether ptincipal, interest or ofhsrvvise, not received when dus iy Insutance _
shall bear interest a? 10X per annum from due date until paid. My langua9e elsewhere p~~r (itemize)
herein to ths contr~ry notwithstsndinq, n~ither 8ank nor aoy hold~r hereof shall receiw _
or reta~n any chu~~ or inte~est not altowed by law. . _ ,
. _ _ _ -
CREOIT UFE AND tRE01T UFE d~ QISA8IUTY INSURANCE ARE VOIUNTARY ANO -
NOT REQUIREO FOR CREOIT. Such i~suw~ce covera~e is available at ths cost designated : .
_ below for the fe~m of .ths credir: (a) _ - for Credit Ufe Ir~surance AINOUNT ' _--j-
(b) s - ~ ' - fw Gedit Life 3 Disability _Iniunnce: . - _ FINANCED ~ _ ~S~ ~
Check Appl. 8ox : • - - ~ - ~ _ - , - _ _ r~
i
- ~ . ' Sep~~ately col~eded _ . _ i
p Credit Lif~ Insuranu Is desirad on~the life of . ; ~ - . ~~s(~temize) ' ~ -
_ ~ _ . . . . - BiAhdate - • - - . ~ _ .
. . _
Q Gedit Lifs a Oisabiliy Insuruwe ts daircd on - . _ _..r _ ; - ~ '
t~
~ . - - _ &rthdate - - - - - - _ . ANNUAL ~ERCENTAGE RATE ' ' t
µ~Gedit Ufe and/or Disabiliy Ituurarxe b not dasTnd~ . _ ' + . ~ - ~ ~
Datr. f° ~1-~- _ --Siflnsfur ~k - ~YT - - `s~~
_ . . . . . . ~ ~ Si~nature ~ - - - . - - - - ~ : ; : ~ ' : • 1 ~
~ t ~ ~ '
If Bank deems~ itself insecurc, or upon the happenirp of any of tha followi n~Q evems, each of which shall constitute a d~fsutt h~eunder,
sll liab7ti~ees of each Maker to Bank shall thercupo~ or thereafier, at the option of 6ank, without ~otite or demand, become du~ and pMab;~ -
(a) tht failure of any Obli9or (which term shall mean and includs each Maker, er~dwser, wrety, and pwrantor af this note) tp p~rform ~ny '
preement herevnder, to pay intercst hereon within ter: days after it is due, or if there be no due date, ahef it is bilkd a otherwise requessed •
or demsnded, to pay any other liability whatsoever to Bank when due; (b) the dearh of any Obli9or, (c) the filirq of any petition under the
Bankruptq Act, or any similsr fede?al or itats statute, by or agains~ any Obligor, (d) an application for tne appointment of a rsoeiwr far,1M
mak~ng of a qeneral auiyoment for the benefit of ved~tors by, w the insolvency of any Obli~; -(e}-#+e-entry of a judqement painst any ~
O b l i g o r; t h
e i s s u i n~ o f a n r s t t a c h m
e n t o r y a r n i s
h n
x n t, o r t h e fi l iny o
f any lien, ayairut an '
posscssion of any substantial y~°~~ ~ f °^y ~9~ ~ pkirg of
pa~t of the property of any Obligw at the instance of any gove.nmental suthority; (h) the disso:wioo, me~,
c
o n s o li d a t~ o n, o r r
e o r~aniza tion o
f any O b li9or; t h e assiflnment b
y arry M
s ker o f any equity in any of the ~ollatsral without the wri»en
' consent oF the Bank Each Obli~or hereby wsives any requirement of notiae or demsnd refleclin~ sud~ aooele~ation insofar as sucfi nquin-
menr b~ in addition to the mare ezercise of any remedy efforded in this Note or the institution of wit by ths tMn hold~r. _
Bank is hereby ~iven a lien upon and a secwiry interest in all property of each pbli9or now or at any time FKreafter in th~ possesston
of Bank in any capacity whatsoever, including but not (imited to aM? bstanae or share of any deposit, tnnt, or a~ency apcount, as th~ secwity
for th~ payment of this note, and a similar lien upon and sccuriy interest in all such property of each Maker as sewriq for the paymeot of '
aN orher liabitities of each Maker to Bank (includin~ liabilities of each Maker and any wher penon). . _
• tF Bank deems itself insecure or upon the oaunence of a~~
?defautt hereunder Bank shall have the foreclosure and other ren+edies of a`-
secured party under the Uniform Commercial Coda, or other applicable law and, without limiting the 9enerality of the foreyoiny, Bank sha11 "
have the r~Dr, immediately and without furthe~ action by it, to set off against this note a!1 money owed by Bank in any ppic;ty y~ eac~ ar
. any Maker, and if such set off shall oaur, Bank shsll be deemed to have exercised such riyht of set off and ro hav~e made a chsr~ pair~st
any such rr.oney immediately upon the occurronce of suth default even though suth charqe is made or entered on the bovks of gink subst_
quent therero. Unleu the Collaterel is perishab!e or thrcstens to dectines~feedily io value or is of a type customarily sold on a teooynined -
mark~t, 8a~k wilt yive M.ker reasonable no!ice of ths time and plaoe of any public sate thereof or of the time efter which anyprn are sals o?
eny other intendcd dispos~rion thereof is to be made. The requirement of reasonable notice shall be met if sud~ notioe is mai{ed, posta~e p~s. ~
pa~d, to any Maker at tFp addreu yiven below or at ~ny other address shown on the recotds of the Ba~k, at least five days befor~ the timt •
of the sale or disposition. Upon disposition of any Collateral sfter the occurrenoe of any default hercunder, AAaker shall be ~nd rcmain Iiab{~ •
for any deficiency; and Bank shall aacount to Maker for any surplus, but Bank shall have the right to appfy all or any part af wch surplus (or '
to hold the same as a resene s~ainst) any and all other liabilities of esch or any Make~ to Esanlc. j•#,
No detay or omiuion on the pa~t of Bank in exerdsin~ eny ri~ht hereunde~ shall opente ~s a waiver oi wd~ ~ i g
h
t or of a n y o~Mr r i
g
M V°
~ n
d
e r t h i s n o t e. P r
e s e n tmen t, d ema n d,pr
o tes t, no
tice o f di s h o n o
r, an d extension o
f time without notioe are hereby weived by eech and "
every Obtiyor. The Obli~o~s, jointly and severalty, promise and a~res to pay all costs of col{ection and ressonable an '
than 10% of the 1 sum) incurred or °f~s, ~
pa psid by Bank in enforcirq this nots upon the oawrenoe of any defauM. Any notioe to N1~ke? shall
• be sufficiently ser~ved for ell purposes if left vpon or pl~ced in tha mail, postaye prepaid, sddreued to ths. premisss at the address :l~o~w?n ' _
, bebw or any other add~ess shown on. Bank's roco?ds.. ~ : . : . . ; ; : i : i ~ - - , - ~ . - ; : ~ ~ , ~ -
`~t'.;L
- -';Wherever this note is executed by a co-maker or endors~r who is th~ wff~ of s mak~r a endors~r, tf~ satd w~fr does Mnby ~xpnssy
~ ~~led~e ths within debt as her joint and individwl debt. . - - . .s ' ~ - - ~ - - - -
_ - - , .,-~-1= - ~ _ _ • - _
_ . of Maksr acfcnowled9es reoeipt of a oompt~tad copy of thls Nots cn th~ abov~ da -_r -
- ~ - - - - j
_ ~ . _ Address: ~ ~ n°'r7' S 1-~ • . ' . - _ : . _ ~ . ~ 1
. - ..;t" .~.:;:1_ .~i;~~..~~-.. , . _ . . . . = _
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