HomeMy WebLinkAbout0928 1lKTAlLA1tNT NOTi sRw
~ E (S«Y..d ~nd Uewcvnd!
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loan T~~m~: .
NeN No. Dat~ A~,t31-20~---_. 19 Z~--- P.«~.d• ~
3 j~317.47
H~~ i
- . _._...si~ct,~r _ jbQ~ laontbs . _ . . _ t~u?RaE ~ ~ss9:-63----_ .
alter date the u~de~signed, here~naller talled Maker, jo~ntty and severally Docum~nqry S..
prom~se(s) tor value rece~ved to pay to the orde~ ot the Bank, at ils office S~anps 6:75~~~
as hsted abore the sum of (bta! ot payments) Cndit lih (or Lih ~
~ Di~ability) Ins.t . . l~i-s;....... _
~ous~ t~twus~ui--fous buudrad fift~- dollass~- ~ 80~100_ orh.. (~+.miz.I .
--'r----_..._ . . . . . o~r,.. s
with inMnst thenoe~ ~1 tM raN o1 . % Mr ~enum. ~~I p~y~bl~ i~ _
_ . _
~r~onthly inst~llm~nh of i-• e~ch an ~M dw of
-{~@. , 74. 38 2Kl.. s . .
e~ch tuoc~ui month cammenclnp o~,.,.. _ . 1 , ~oqNMr with AM011NT
~ ~ ~
• 8J?LIOON PAYMENT OF: ~,jpn0 . . . . . 19 _ RNANC~ _
A fin~ computed et the raM of s•OS pa ~1.00 on ~~ch inat~l~ment in d~f~ult io~
• period in ~xc~ss of 10 d~ys may be charq~d tM Make~. No such fins shdl sacssd ~~'~~h'
=5.00. Maker is requirsd fo pav all cwt~ of cotlection. includinq a reaswubl~ ~tta• clurp~s (~t~mi:~) ~
_ . ,
ney i fee if referred fo~ collection o. kp~i proceedle~qs. All payments. whetha~ pri~- _ .
cipal, inter+es~ a otherwiss. no1 rsc~ived when dw shelt bear interes~ at IOX. psr
~nnum f.om due date ~~r~i oa~d. nu wv~++e~~s made hereu~.der shali M c~ed~ted ANNUAI'ERCENTAOE RATE %
fint to intsrest, then to lswf~l charpes ~hen accrusd, and tas~ to p~incipal.
If the Ioan is pr~paid in fu11, ~tc~{e~ated w refinanced, ~he Mek~r shall es of the d~te of such ~vent receiv~ iuch n~und oi tM un-
e~rned portion of th~ credit li/e int~~arxe premium and fin~nce chs?fle and such o~hs~ c.edit ~s may b~ req~ited bY ~aw o~ ~s m~y b~
necsssary to avoid ~s~ry, prov'~ded tha~ the Hdder m~y re~sin a mi nimum (~nance charqe of 545.00, whether or no~ oth~?wis~ ~areNd,
and excepl in fhe c~ss of e rsfinenc~np, no ~~nance tharqe o~ p~emium refund shall bs msdb if it ~mo~nis to less thae~ :1.00. R~t~ntion
of sny minimum fins~ce shall be in addition to se?vice chsrqe ~f sny. Any Isnp~ape etsewF+ere herein to ti+~ contrary notwithstandinp,
~+either Bsok nor any holder hereof shall receive a~efain any charQe w interest not allowed by Iaw.
As sec~rity fa the Wr~nt oi this note Meker has pledqed or deposited wlth Bank th~ iollowinq prop~rty: '
--RT,IIL--- F..sTA7'~- ~-tUR~6AG6~ --~LoL --~3ZSr~.Ott~X)OR--R~:SOA3'~-t~- ~It~R~611-s-- S~a;~---I~I-~------._..___._ ;
- - ~ - - . . . _ _ _ - _ - . `
(includitq all cash, stotk and other d~vidends a+x! sN rights to substribe for seturities incident to, declared or qranted in connettion with
suth ptoperty), which property, toqether with sli additions and subsriru~io~s heresiror pledged or deposited with 8ank is c~lled the Col-
Istarat: The Collstere4 is a~w pledqed as security for a{I other liabilities to Bank, (primary, secondsry, dirM, continqent, sok, joint o~
seve~aU, dve o~ to become d~ a wh~ch may be he?esfte? co~tracted or scquired, of each Nlaker (w of esch Meker u+d any other ptt- -
wn). The surrende. 04 fhis rare, upon payment o. otherwise, shall not afFect fhe right of Bank to retain the Coll~ter~l fo~ such otMr
(isbilities.
CREDIT IIfE AND CREOIT ~IfE b ~ISABILITY INSURAN~E ARE VOLUNTARY ANO NOT REQUIRED FOR CREOIT_ Such insurante
coverage is ava~lebte at the cost des~p~a~ed bebw io. the te~m of the credlt: (a) t 1b6.91 - iw Credit life In- ~
sursnce (b) s _ for Cred~? life b Disabiliry Insu?ance: i
Check ~
~xl. ~ Cred~r life Insurance ~s desired on fhe life of ..Be~. j,OBr~}- `
_ Birthdate l~i~Z.s~iB _ - -
~ Credlt life 3 D~sabitity In:urance ~s desired on '
_ . . . . Birfhdate _ -
Q Credit lile and/or Oisability Insurence is not desired. _ _ _
Dete:. ' Si9naturo ~ .
A}+ri1 .24, 1~7? X - ~ - - -
S~yn,~u.e . F47Ci3siicl ~ LO$]c'37~ - _ - _ _ _
Additions to, reduct;ons or exchanges of, or substit~t~ons fw the Collateral, payments on account o~ rhis loan w increases of the
~ same, w othe* loans made partiaS{y or who~ly vpw+ ~he Loflateral. msy from lime to ~~me be made w~thout eHectinq the p~ovisions
i , of th~s ~ore. Bank shsll e:erceu ~esso~abie care ~n fhe custod~ and preservafion of rhe Collafe.al to the extent reVvired by appliuble
statute, and shafl be deemed ~o have exercixd ressnnab~e care if it takss such action (or that purpose as Maker shall resso~ably rtquest
~ in writinq, bu~ no omission to do anr act not ?equested by Maker shall be deemed a fa~lu.e to exercise ressonabk ure, and no omis-
sion to compSY with eny ?equesr o+ Maker shall oi ifsel/ be deemed a feitu~e ?o ezeruse reasonable ure. B~nk shall not be bound to
take any steps necesssry to prex.ve any r~~hts in the ~ollate~al aqa~nst prior parfies and Make~ shall take all ~?ecessary steps for sucfi
I pu?poses_ Bank w its nominee need nor co lect interest on w prmcipsl of any Colleterol or give any notice with respect to i~.
tf the Collate~et shall at eny time becoene unsar;sfactory to 8ank. Maker shal{ wi~h~n one day after demand pledqa and deposit
with Bank as part of the Collateral edd~~ional p~operty which ~s sstisf~aory to Bank.
tf Bank deems itulf insecv~e, or upo~ the heppen~ng of sny of tne folfowing events, each of which shsll consritute e defsult Fkre-
under, all liabilities of each Meker to Bank sha~~ thereupon w ~hereafter, ar ths opt~a+ o; Ba~k, without notKe or deme~d, become due
and peyable: !,l the feilure of amr Oblipo~ (which re.m ~hall mean and inclucle each Maker, endorser, surefy, snd quaranta of this
( note) to per/orm any agreement hereunder, to pay ~nte.est hereon w~thin ren days afte~ it is due, cx i4 there be rw dve dste, ~f~er it
is billed w otherwise reqvested cr demanded, to pay eny othe. Gab+hty whatsoever to Bank when due; (b) th~ de~th of ~ny Obliyo r; :
(c) the iilinq of any petir~on under the Bank.~ptcy Act, or any s~mila~ tede~s~ w state statute, by o. sqeins~ any Obliqor; sn applics-
~ tion for the appo~ntment oi s.eceiver for, the mekinq of • ~enersl assignment for the benefit of creditors by, or the insolvency of any
~ Qbliyor: (el fhe entry of a iudgement egainst anY pbhqor, (f) thc issuinq of any attachment or par~ishmem, w the fiiinq of eny lien.
aga~nst any property of any Obliqw: (4? the tak~ng of possession of any subs~sm~sl pa?t of ri,e property of any Ob1~qw at the instarxe
~ oE eny qovernmenea~ authority; (h) the dissolutioo, mt*ger, ta+sofidat~on, w reorqanizat~on of eny Obleqor, (i) the sssiy~menf by sny
Meker of eny eau~hr ~n any of the Cotlateral without the w.inen consent o( rhe Bank. Each Obli~ hereby waives any requirement of
~ nptics w demand ref{ec~~ng svch scceleration inso~ar as svch req~irement be in add~~~a+ to the mere exercise of any remedy aiforded i~
~ this Note w the institu?io~ of suit by the then holder.
Bank shall heve, but shall ~o~ be limited to, the following riah~s, esch of which msv be exercised st any time whether a not this
note is due: f) to ptedfle or t.ans{e~ this note and the Collaterat and Bank shall thereupon be re4ieved of a44 dvtics and respons+bilities
~ here~nder and re!~eved from eny and s~~ liability with respect to any Collsreral so pledqed or nansferred, and sny pledpee w trens-
~ fe.ee shell fw all p~rposes stand in the place ot Bank hereunder snd have all tfie r~ghta of Bank fie.eunder; {ii) to transfer the whole
f or any part of ti,e Coftatera! into the name of itseff w its nwninee; (iii) to vofe the Co~~ate?at; (iv) fo notify the Obligors of any Co!-
~ Iate~e~ to meke payment to Bank of any amovnts due or to become due thereo~; (v) to ciemand, sue for, collect, or meke sny compro-
m~x or setttement ir deems des~rable with re/erence to the Collaterel; and (vi} to teke contro! of any proceeds of Collaterel.
~ 8ank is hereby qive~ s lien upon and a security interest in all prope?ty of each Oblipor now w st any time hereafte? in the pos-
~ session of 8ank in anY capacity whatsoever, includinp but not limifed to any balance a shsre of eny deposit, trust, or aqency accou~t,
~ as ~h~ security for the payment of lhis note, snd a similar lien upw? and securiry interest in all such property of each AAaker as security
~ fpr i~e psyment of alt other liabilities of esch Maker to Benk (includ~ng ~~abititie: of exh Maker and any other persoe?); snd Bank shaN
heve the ssme riqhrs ss to such p.operty as it h~s with respect to ~he Collateral.
i If Bank deef*+s itxlf insecvre w voon the occurrence of any default herevnder Bank shall have the fweclosure and other remedies
of s secu.ed parN vnder rhe Unifwm Commercisl Code, or other applicable law and, withovt limitiny the qenerefity of ~he forcpo~nq.
i Bank shatl have the ri9M, immsdiately and withovt fvrther attion by it, to set off sqainst this note sll money owld by Bank in any p-
pauty to esch or sny AAaker; end iF such set off shall occur, Bsnk shall be deemed ro have exercised such riqht of set ofi and to have
msde a charge aflainst sny such money immediately upon the ocNrrencE Of svch default even though such chsrqe is made a entered
o~ rhe books o/ Benk subsequent thereto Unless the Collaters~ ~s perishable or rhreetens io decline speedily in valve or is of s type .
customanly wld on a recoyn+ted r»a~ket, Bank will yive Maleer ressonable notice of the time end place of sny public sale thereof or of
the t~me sfter whkh any priwte sa~e w snY other ~ntended dispos~tio~ thereof is to be made ~he .equireme~t of reasonsbSe nmice shall
be me~ ~f such notice is meiled, postage p.epaid, to any Msker at )he eddress qive~ be~ow or ~t any other address shown on the rec-
o~ds of rhe Benk, er Ieast five days be~ore ~he urt+e of the sate or d~sposir+on. Upo~ d~spos~tion of any Coflatero~ affer rhe occur.erxe
of jny defav~~ hereunde?. Maker shall be and rema~n lieble for any deficieocy; and Ba~k shall sccount to Maker for any surplus, but
~nk shall have the riyht to apply all or eny part o( svch surp{vs (or to hold the same ss a reserve sgainst} any and all other lisbilities
o~ each or sny Maker to Bank.
No delsy or omission on the part of Bank in e:ercisirq any ripht hereunde~ shsll operate as a waive? of such .ipht w of any othe~
riqht under this note. Presenrmenr, demand, p.otest, no~~ce of d~shonor, and extens~on of time withour no+ice are here6y waived by
esch and every Obl~gor. The Obtipors, iointly and se~ersfly, prom~se and iqree ro psy slt cosrs of co~Iec~fon and reasonsble anorn~ys'
' tees (not less thsn 10% of rhe principsl sum) inturred or paid by Ban4 in enforunq this note upon 1he occurre~ce of anv defsutt.
Any no~ice to Make. sha~l be sufirciently served for all p~rposes if left upw~ w pExed in ehe ms~~, postaye prepaid, add~essed to the
premises at ihe address shown below or eny o+her address show~ oa Ba~k's reco~ds -
' Whe:ever th~s nore ~s executed by a co-meker or endorse~ who is the wife of a ma4er o~ endorser, ~he sa~d w~fe does hersby ex-
pfessly Kknowledp,e the w~thin deb~ as her to~n? and ind~vidva~ debt.
Each oi Maker acknowledyes rece~pt ot ~ completed copy of this NW~ on the abovQ dare.
~?ddrei:: RT, 2, Lot . ~ 325, O. R..A. _ . X - - - - - • - ~ . cs.,n
Fernaad LeBruti
Jcnsen_Be~ch, F1. 33457_ X.. - - - - _
f4..i . I~~ --'~1~E
_ .
Noellie LeBr~m z~~R ` . ' .
~ h5 T10 Ir16
~'~I~C3~.~:,~''_-v"'M-__"° ~.~,~"a~;`',y~a~?~.'c _ , ~ ~ -
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