HomeMy WebLinkAbout0897 TURTLE REEF ASSOCIATE3, INC. ! INSTA LMENT NOTE (S~CUr~d)
+ ~ ~ . M11EE _ OIIK ~.1.~~_ ~ 1~ _Sl~_ = a~6~1 . ~0
P.O. SOX d14, JENSEN 9EACH. FLORIDA 33457
~oe.noN
twn TMms~
Na. no. o~a~ Apri 1 7 . tt ZZ______, s_..~ -
68~- 00
S~x~Y (6Q~ trlon~hs c,"~~~ s 1;bY1.~0
aft~r dat~ iM unds~siqned. I~erolnakM calNd Maka. MUty and sevenly
pranls~(s1 to? value ncelwd to pa~r to tM ordsr of tM Payes at It~ oNia
as Iist~d abow tns sum of (total ot_pa~1s S~ _
~~`IR 3~1i'~~ iLSIX Hl1NUltEI~ ~+i~N~TY )N ND 4U/1 ~•di~ tiis (a ~~N
a as~naar~ i~s. s ~
oa~.rs o~n.r ~+,«,w:.? .
wttA tntKa?t ihKSOn at ths ats o1 • % pM annum, aDls in
_.~_monthly Installmenb of~-~~ on tM ~ of =
e~ch sucasslw montA oommencinp on ~JI~Z , t9 =
~ s~. como~na u ro. ~ as.os o.r s~.oo o~ ~n ~aw~ h a.aw~ ia ~N
CED s 3, 680. 04
a perbd In u~ss d 10 dtYS miy bs clurp~d tM n~. No wdi (fn~ sA~M acNO SeW~~Mf? oolbcF~d
tS.00. Wk~ ts repuk~0 to p~ ~II oosts ol oolkcMon. M~dudMq a raison~OM ~tlorn~r'S ~O~s (N~nrz~) i
N~ M nN~nd 1a caY~ction a Nq~l poce~Mqs• AN O~a. D~Dy. i
ir~st a odiends~. nol ncNved when dw sh~M E~r int~nst al t09C p~r ~warn ANNUAL PERCENTAOE MTE 1Q_.%
han dw d~le uMil PiiA• lu D~ments m~d~ Mt~w~r Sh~R Os endiMd 1Mst
b MNK~st. tlrn b liwlul ChuQe3 tnen aatue0. and I~st b prNCipil.
n a» ona~e ~n n~. acce+.?~ao a~rr,v+cee. a» wke~ smr as a m. e~. a wcn w.m no~w wcn w~a a ~a. w~a~~o
vortlon a th. u.d~t w. f~x~nn pnrnpwn ~na &~na cn~rp~ and wa~ aMr u.~tc as m~r e. npuk.a ~r aw or ~s nn~r a Mass~r
lo av0id D~~~dW tIW lM Hald~? m~ renM~ • mM~i~Mrn 8iwict tl~r~ d i~5.00. wAMlw a nof atlienris~ qrmd. ond oaupt
~ uu ase a ~o n~a ~ a~~ ~n,~a sn~ a~a. r~~s a~s a~ s~.oo. n~e~ a~r
n~nrnrn finna!+cb s~ar oe in aaanon ro sawn cnupe if any. Any yrqu~ ~ ts~n b tn~ oontr~ry notwitnsund'rq. neit~r p~e
na ~n~r I+o~Aer Mroof sA~l1 rocN~ a nt~tn anr chx~e or iiaKrst not albw~d E~r I~r.
ky.cu~ry ~a me a tt~s moro rt~tr P ~
witn P,~. a+e : ~01~~. I,
0 . 0. 1
(in~ludin0 a~ casA. srod~ md ot1~ dddends and ~II ripnts a wbscrioe 1or s~aMd~S incid~nt b. 0ec4rsd ar pr~A in oormctlon wqh
sua+ aoa~lr). wMCn propKty. ~oq.mer wNn ar ad0iuoin ane westMw+ons ners~far v~eapea « apos~ae wnn Pay.e is wea nr calWer~l.
rn. ca+aa~ ~s ~so p.aoea ~s secw~? ia ~r om.r ~e+~ ~o Payee tv~n, secono~r. a~a. ~c+a•~n_ w~ ~.~n.
due or 1o D~can~ dw or wAicA m~y be Ibrs~fNr oo~ed or a~d. af eod~ Wker (a d exh Maker and an~r o~er person). TM
swrmd~r a?nts eo~e. uoon p~rront a anerwis.. sn~ oa anea u+e ri~n1 a Paye. a nnin m. coMalenl ta wcn atl+er ~a.
q1EdT UFE and CHEDIT l1iE 3 DISA81ltTY INSUIiANCE ARE VOIUNTARY ANp NOT R~UIREO FOR CREDIT. Sudi ~ oorenp~
ts ar~ihbM a1 Me cost Aesignued ONoMr tor tne ~nn a1 tns ueeit: (a) i for Cn~i1 l~ b-
wnnce (D) t br CreA'M Life 3 OisaDiYry Inwqnce:
CNetk
' Appl. Q Cndil lMe Inwrance is desireA on U~e tiM ol
8at •
Birthdate '
a cn~t u~e a as~aN~r ~nswance a aes~ee an
q( Croait ~ae ana~a oa~oiwry inwrance is not oesuea.
o~,: 4pri1 7. ~977 s~o~,ro • ohn J. Kenny
s~ ndra J. Kenny
Additions ro. roducrions a~ d. ar subsMutfons br tM Co~a1. P eets on ~cc d this Iwn ~ d the smr.
a aAa lo~ns m~de putvMy or wlio9~r upon tAe CoN~. m~y from time b Ume be wNAOUt ~flectinp the proMsions d tAis
~on. PiYee s~w «ercise re~sonaae care in the u,stoe~r ~a wesavaeon a me cat~l to a~e exl~n rovw?ea O~r aaok~bM staluN.
and s!W Ot deerrod lo Am e~wrcised reason~0le caro it N nkes wch acdon lor dpl p~wpose as M~ker slnN reason~0y ~equ~St h wrfl~g,
Dut m aiNssioe b do an~r xt nnl roquestea D~r Wke~ slur be deemed a f~rure b ezerdse rovsomDle c~m. and ro amiuion b
canqy wNh anp re~st of I~Iska sAaM ol AseN be de~n~d a tailure to e~aciss reasa+~bN ars. P~yae sA~ nol be boixb b f~4 x~r
~eps neoess~ry lo D?~ ~Y ~p~MS in the Ca~Mnl aqaY~t Orfor Oarties and Mit~e~ sAri Wce aM ~sary s~ps br such purpos~s. .
Paya a ks na~w~ee ne~d na coree! imer~t an a aY~clpal ol any Conakry or qbe mp nobce wYh respeU to N.
~ M P~e~ deMns itseq inseau~. ar upon the IiappenN~g af any d the Ia~owinp avenis, e~cA al whidi sholl constidule a det~ult hueunder. .
~ aN ~ 01 e~cA t~Aalcer ro Payea sn~ll uiaa~pon a Maeafter. at the opuan d P~ree r+itnout ~ asdcnw~d. Daar~e due ar+d p~a0~e:
~ (at uw wMre a anr oDNgo~ (~Cn eam sn~ mean a~a inauas ~cn wker. enaorser. swery. a~e ~ a nrs ~oa~
b D~ b p~ iniereSt 11ere0n wiQl~ie1 ten d~rs aflN R is Out. Ot R Ihaa be n0 Oue datt. atlU ~l B DYkO
I or olhawise npuesled or Aern~nded. b Wp aMr atlier h~i~yr rehusoever to P~ee wl~a due: (b) the dsuA M anr ODipor:
~ (c) the fiwg a an~r peunon urWK tne Ban+cruptry Aa. or anr srnilu teoer~l a stale wtute. b~? « apai~ anp ODiyor (et an aop~uon ta
~ ~~DPd~~t W a receiver tor. the m~kinp d o yene~~ assipnrnent for the DeiefA d uedlaa by. or the M~soiveuy d~ OpOpa;
(e) nie eMry a a judyemem ag~t anr Oo~iyor ~n tne ~ a an~r macnmem a g~ishaiem. a me r~~y a airy lien. ~ an~r
~ Droperty ol ~r~r ObYpor: 19) the takug af passassion d arq substanti~l pM of tAe propertp d any ODfigot at ths ir~st~nce af aMr 9orermienf~l
aut?wri7 (h) the dissdution. merger. censo~ion. a reorg~stion d any OWi~or. (il tAe ~ssiynn~ent Dr any Wker ef mp eqi~r in ~np
~ a ar eawer~ ~n~o~c me ~ co~ a me v~,es. ~cn oe~or ne~r ~es a~n ~e~«~em a ~oace a ae~na ~
~ sudi accelun~on insotar as wcn roquiremem ee in ae~itton ro me mers exuc~e a anq rcmedp af~rdee in uNS No~e or me ir~tuooe a
suil by the ttkn holder.
Ps~s SAaR lsave. Dul s!e!! n01 be linr~0 t0. IAe tOBaMnq tighfs. aich ot whiCh m~t be e~rtise0 it 7rry tirrM wllefhEt Ot n01 tAK
no1~ is Aue: li) b pkdqe or transkr thn ttoM and the CoNatenl ~nd Payee sAaN thaeupon De reiiered M a11 dudes and r~po~ties
AtreurWa ~nd reliaM hom airy and aN Ii~b~'er wiM ros0~t b an~r CaYatery so pbdyed or tn~lerrs0. and anp pbdgee ar tra~errse sh~
br ~II purposes strW in the dxe d P~yee I~aeun6er ~0 Aars aM tAe ripAts d Paree Aereunder li) 1o tr~nster tAe wlwk or anv otrt d
me Ca~al +mo me n~me a asdr or its nominee: t+l to voro me co~: lirl a nony an oo~qors a m~r co~l to m~In p~ymern a
Payee d any amounts due ar t~ becane Ow Meraon: (v) to damrW. sue br. ta~xt. a make arq tanqramise a seltlemeiM ~l dwns -
aesinw. wNn ?et«u,ce b nb ca~e?a~~ aiw trit a take conua a anr aoceeds a eoa~.
~~s ~br a~ ~vo~ ~na a seaxN~, pnuat h aN aop~t~r a exn oai~a ~ow anr wne nero~ ~n a?e poa~on a
~ ~~~r ~Mr wnatsoever. ir~hqirg an ~at wnited ro~r oaance ar snue d~af? aposit. wst. a apenc~r ~owuM.as me seauNy
+o? me wr~~ a n~s ~ae. ana a snw~ den upon ana sea,?~r i~t in all su~n vroq«h, a eacn Malce~ as sea~rN~r n» {p~n a
~I omer wo~rws a exn M~e~ b gyee tlncweirg w~oixnes a exn I~ca ano rr oaie? persoot: ma vsye. sn~N n~s me syne rqn~s
as b wdi prope~~ ~s p h~s wim nspeq b uie CcN~ra1_
n P~+~ree aems itsNr r~s«we a upon n~s oaiu?enoe a xry aehun nereunaer Pa~ree sIw nars nre roreaos~e ma otner ranedies a
a sxurea p~rt~r waa ~.ao~e ~w ana. wanow wnNi~q t1N ~ne.~lilp a tns laepodg. Payee snaM nne tns ~ht. inrneoi~tery, ane rritnout
fiN11Mt itti0n br N. b Sd oA 2piinst dlis tlds 7N motley Owed DY P~yee in ~rry pWCih b ex11 Or ~1y Maklf: and M wd1 Set df SIW
oaur. P~yee snaN be dee~ned a have exeraseo wch riglN a set aH ane a hav~ mtoe a dnrqe apainst mY sucA oanep inneOi~tNp
~ upan me ocwnence a wcn aef~un eran mouyn such cnarpe is maae ar enteree on ar eooks a Payee subsequent merelo. unless me
F: Cdl~r~! is perisA~ble a mrwtais b dec6ne
~ Naker reisonaDle notiCa W tAe time and 0~ ~D~ s~e there0f or ol~ihea ~ wAich a~zed miAcel. Piyet w7 pive
disDoslGOn Iheteot is b De made. TAe rep~aretnerN ol re~sonibk nolite StuN Oe met ~ wch notiCe is mailed ppstage prep~id.~
~ A~a1c« ~ me aoaross qiven odow m~r oma ~odras shan+ on tne records a a~ Pape. at kast tire ea~rs oelore n~e tim. a a~e sa~e
~ ar dispositbn. uD~ ol ~np Catl~tepl ahv the occwrdrce d any Ge(siAt Ae~eunda. Maker shaM Ds ~Q rr!+a~n I~e !ot se~r
~ d~fid~ncr: and Vayee SIW xtouM b MikEt br m~r swplus. Out Payee SAiN hive tAe tipM b appyr ai Or amr Pxt d SucA wrpluS (or ~ I
~ b A010 tAe Sime as i rEServe again~) aM and 7M 0ther WbiliUes of sacA 0? airy Yaker b Payse.
No delar a m~.ssion on tAe pfrt M P~~res in e~oertisin0 anY rlgAt hereunder shaM operaq ~s a waiver ol wch right or d any aMer
~ ripln ~aer mis oae. virese~?m~em. C~nwia. aoMSt. rwdce a~isnaa?. ano mc~sion a thrc wnnoM ~ohce are nae0~r waireo o~r e~cn xw
Ip^~h and se~renN~r. Promise md agres to pap 3f1 to~s of taNettion and re~sOnaDle atlar~y's fees
~ ~na1 I~S M~n ~ox a me or~ sum? incur~eo « oa~~o Op Pa~ee in entacing tt~is ncte uvoe me awr?a~ce a xh aefaun.
Arqt notits to A1ak~ sluq ba sut~tienAy se+ve0 far sN Ou~Po~es a kh upon or O~xed in the mai. D~stape P~eW~. addtessed to IAe prsrnises
~ ~t tAe address snown Debw a an~r ott~ aOd~ess sAown tm Payee's records
~ ~rhererer tnis note is awteo M a co-mafcer or a~oarser wno is the rr~e o1 a rtgker a endorser. tAe said ~ dxs hereb~r ~preul~r
u
~dcrqwledge the wilt~in debt as het joim and inAividuDl debl
ExA d N~ker xknOwlE~j~g reCe~pt pl a tOmpietld copy d Mis On th~ d~~ 1
11691 Pleasantview Dr~ : . , t . ~
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b0~c ~LE a . .enny ;
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_-3t~_:=V' xiii ~ . _ . . _ . . .
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