HomeMy WebLinkAbout0224 . _ - - - - - . _ - - - . .
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= Q.~Q~.~..~ V~RO BEACH, Fl.ORiDA, -----A~lY'il 2S ~ 19 --ZZ..--•
+ ~ FO_----At~VALUE RECEIVED: undersigned. N~i~dy and se~rraltY. Prwnise w pay to the o~der d
' ~ FIRST CITRUS BANK OF INDIAN RIVBB COUNl'Y e
at Vero Beach, Fbrida ~p ~
• l~1! sY01 O~ • JW/1~~~~~~~~w~~~~~~~~~~~ DOLLARS
(TOTAL OF PAYMENTS) payaWe in _ ~a~ntldy ittiul4uenq ot =-_$5~3-- each, an the day ~uf each wcces-
iive ~mmh c~aqmencina un _~'~lS~~~'~f. 19 ~ith a FINAL ue~ON paymeat a( J3- • toae~her
~.ith interest upon all twra hecevndlr a(t~r their rcsprcli~~• malurities at dr~ rate d ten per crat ptr annue~ until {~aid aad all cwu of cdlectwns, in-
ctudins a reas~~nabk auorneys (er i( tolkcted hy k~a) proceedinsf ~x thn.ush +n attorney at law. 7'Frc conditiui?s, i( any~ tor refina~cin~ tlw~ balk.nn
Wl~p are t100~ _ _ _
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The amount o( this note iaclude ~be proceeds ot •~Q_ ~ Credit Life ~ Diaa6ijitY ~owr+nce P~ium ot = 6~ . 27 ~
Property Imunace p~emium a( j Z1Qjt!^---. Documrntary Stamps d=-~.~~~_, P~us oiher eAar~a (De~cribel - ~
Recor +~t c-- ~__ZO_ls- ,,~,~uAs a~ AMOUNT FINANGED at i 2594.~b P~~ ~
F ANC£ C~ or i-4g3,~---- t.,n;~n ~Mh,a~, ~RK~~ ~ s---4?~S,A~-_-• s~..;a cn~.,~~ ~r s-~9-
aad othec charRa 9( (Deacri6e) . . , d j ~ resuluna in aa
ANNUAL PERCENTAGE RATE ~ ~g_~. -
CREDIT LIFE AND CREDIT LIF6 AND DISABILl1Y INSt;RA1~CE ARE ~'OLUNTARY A.~1D NOT REQUIRED FOR CRF.DIT. Sueh le-
sunace ccwsrase is a~-ailaLk at the caa desisnated be~nw for the tena d the c~edit: (a) = 69 •~7 for Credit Lite I~uranc! (b}
; ncn~ ro~ n~~;u~ i~~~. _
c~k ~t c~:e urA ~~t~: p~~ ~ ur~ ~
~P~' p Credit Life dc DiiabiGty Inwn ~ it desired on ~ % ~ {
~ ~q~(~Lite andJor Disabi ~nwni~ce - > > • . ' : t -3 r
(Daee) `+J~~f/7/ (Sis~apwrl'-'~ ~ ~ . h• (&reMate)~ 1 ~ ~+F~ j ~ 4
(Date) (SianatureJ (&rthdate)
PROPERTY INSURAItCE, J written ia connection rith tl?is k.an. ma~ 6e obained by tlie uodrrsisned throush any perx~n o[ his choice. I( the
underosned desim pn.pert~ inwra~ce to be obuincd thn,uah tbe cteditor, the cost will be = tbppr tor a term o( pOae '
monlhf.
~
The undersi ned also promises to pay laa char~e ot FIVE CENTS (=.03? PF.R DOLI.AR n( each insul4nee?t m~xe than ten (10) days in arrean
but NOT EXCE~DING-FIVE DOLLARS (=5.00) in the caae of any one insiallmen4 'iC , i.~tC t~`
As used herein the trrm "COLLATERAL" shall mean ~nd include ttx (olk.~rir~ pr wAich hss 6QCn. or u hercbY pkdsed, assianed or cm~eyed
tn, or deposited vcith the• Bank: Iea~i_roveMent
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I and any and al) other Qroperty of e~ery tind or dexripticx~ now or hereafter in ~t,epomess~on or under ~he concrol ot Bank [or anr neason, ~ose~her v?;eh
~II addetuuu and subsututions hereafter pkdsrd. to or depositetl~t~rith Bank, and includi~ aA cash, stoct, and ocher di~idends aad al) riahts to subcribe
for securities incideat to, declued, or Sranted. in connection r+it6 any property 6ere~aabo.-e described or re(n~ed ta. Aap bolance o( deposit aecount
of the undersigned, or entiorser, or any •d them," depenited or under pas~enion or contn.l of tAe Bank wy, at the option o( thr $u~k 6e applied w wch
indebtednest be(ore looking , to a~y other. coNateral tl~er~for. Ai uRd heran, "lubility" or '9iabi6tia° mram and intludes this mte and all obliSatioro -
and linbilities (Primar>> secondary. dircct. rnntinamt, solr..loint :or aea~enl), due or to becnme due or .rhich may be hercafter coatncted or xquired o(
each Maker (includins any-Msker' and atiy otlxr pendnl to Bin~: Maker rrarrants anda~ rees tlut Bank bas and shall ha~r a lirn upoo, security titk
t~ and a security inter~st in al) the Cdlateral as security f~.r the pay~nent of thit r~te and aA liabil'sties, includina any e:temions, renewals or ehaa5a in ~
E form o( anr thereof_ Tfie wrreoder o[ this note, upon pa~~ment or otherwrise, shaU not affect t6e riRht of Bank to retain ttx Cdlaun) tor any other
E liabitities. ~ ;
A failute w apply aoy balancr oi any depo~it account oa this note or the surrender or reka~e ot soy cdlatm) heW by the lalder shall not af[ect
the Gab~'tty d any endorser, ,~uanntor. w?rty ~ other parcy to this notq or rekase ar relie~e ehem, or aay d them, fmm 6a6ititr eo pay the fuU amount \
ot this aote; and the holder tosr D~~ ~Eurot aRY Wrty' to this note without first proceod~u~a~u
mt t6e maker or auy ot6er party. Thc holder slull \
be under no duty w mforce payment oat o( the collatenl searr~'n~ tlus note. 'Ibe 6ant a~ .vhic6 _dm oote u papable is bereby authoriud w appt~r on
or after maturity, to the piymeat of this debt a~ fnnd~ in said 6ank belonsius to the maker. su~etr. endor~e*, 6mranoor. or aey oae of tl~n. ~ ~
Additioos tu. reduetions or reka~es or eschao~s of. or subatiwtiont tor the CoJlaaral. paS~meab on acoount o[ thi~s loon or incteasa of the ume,
or other loan~ made partially or wholly upon the Collate*a1, may frnm titnt cn tiwne be made witLo~ut affcctirg the prorisiom ot this note. Baat shall
exem~e teasonabk nre in the custndy and praer~atia~ o( ehe Collaceral to the ezteat required Iy appGcable statute, and shall ~e deemed to 6a.e es-
eroud raronable urr if it taka wch utirnn (or that purpase as ~iaker thall ra~o~ublr requat in wnue~, but ao omissioe to da any ut aot cequated
by Maker ahall be demkd a hilure to e:uu~e rea~oruWe c:re, and no ominan to comptp vrith aor ~uat ot Maker shatl. o( itsdf be d
e
e m e
d a ~
faiture-w eserei.e ceasonabk cur. Hank ~hall rat be bouad w uke a~r steps aecesary ~o preerre aar r~6ts in ~be Collaeenl a6ainsc prior psrtia
and liake~ thap "take a!1 necess*Y suPs (or wch purpwe~. Bank or its naninae need not colkct inoerest o0 or p~incipal oI any CoUateral or anY any
notioe rritl? mpeet w it. if the Gllateral duq at aay time becoa~e urmtidxtory to ~nk, Maka ~Tull ~rithin ooe dar a(m deinand PkdEe aad da
depait vritb Bank as p~art ot th4 Collatera) additiooal p~operh which u nj~uwiy to Banti
Bank ahsll have, but ~6a11 not be limited ta, the (olk~«rb~g_s~ h~ts._ eac6 of whic'6 may be e:en-»ed at a~ time whrr6er or mt t1w aote u due-
~ w er this~te aad tbe _ Collatenl and B~nt shaII tbmtn7p"hh be rdie+ed d a11 dutin and re~am~iGties hereuadu and reliered from ~
~ any ty with respett to a~ Cnllatenl sn pkdEed or tra~ntenrd, aad anY Pkdsee or tnrufene sball for all purpoies sund in the place ot
; Bank I~ereunder and iuve all the riahts of Bank he~e~under, (2) to transter t`e whok dr any pan o( the Collatenl into the name of iuelf or ib n«ninee; p
i (3) to roK tbe Collatenl; (4) to twtifr the oWi6on on anp Gtiollaten) to make payment to Bant of any amnunu due or to becotne due t}rcreon; Q
~ (51 to dem:nd. we for, colket. or make any oompromiae or settkment it deem~ de~nble with re(erence to the Collated: and (6) M hke poae~ion /r
and ooatrol of aay procec~s of Collateral. 't
ZUe 1?a aiHt~qi f~!"!~MS ~~t~~ :1 ~tiiq Qbiloetf~ Q~r~ ~t~l~1c(}~allme,~e psr-
abk bereunde~r ~~p~~ ~r}~p ~`1 due• (b)iiiil v i t aQ~~p bted qrs, ohh twn~ o~r Iu6~Uty to Bant
~ whaboever. ot an~916iyi~q~t~~i~~Otr i~A ~y !~r {~~~I~.}~A~drrpFdl'~Ae death of auy
or; (e) anY ~pR aqy ~irqq~~er~yp s~~'are defiaed inA
~ n~ the • niform (aHm~~~~~U'fu'te~d~o~r iTii~ ' or aa ' . or "ifaaedt"d a~ r~c~i't't~'Tor any Obiisor~
,K'ef or for any o( the f1~lflbU~ot;~.(~) ~'1~1S~d=a~ oeQf~e~~ ~Iiq~ ~t~ot a+~y Obli6or.
Praentmeat, d~lde*iot~lp ~sot~l'te( ~i~lpaEraldlb[; fl~aha~et~eo!'!IY ~irtd bs Farb 1f~rY~;:~ndoner and othe?Q
~ w chis noee,8~~~~o[Att~ v~r~j~.~e~~q 'pah~. j~4'F~r ~~ltu~n~9's mechod ~
The maker has n t in full iu'a oYitain a d ii~e ~nance tfia com on
ot co~n~u~,, zue ~~s waLgf~r u~a astottr~ U~i~r, pro t~, ir,s.:es an~. revenuea frou~
-r; 7'HE UNDS R6d~A'Afi'~IFi~~@@ 19BA4}~~61t~EI~ILN~ e lAN6 ON THE RE-
t~1~dL~Fi~ Q~~DpaplA~~1Q_~E ~ ~ p ~TuTE g~7
~o ,THIS~p N~ CT. ~
vERS1E~SIDE HERn ~YStooct ~N~~ IieYC~y a101 aE• aE'aCi~SBj~l~~i~t~~t~~~ IOY~.~ an+i c.t+gr_ribeci
~'~`!~"'~hE~,°'~~Id°4P~r4°!~i'::~~4~eW'~~' ..nd ,:~ci~ Et~ i••er shR11 ~avc V
alt the n489~d effer.ttfe functLcStis--~~no~~et~a-~n ah~c'~ i~ti~st •~S h~ n.
~ ~ ~h, . (5"l)
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~,~*,i r~ ~.t e<~~~ity a,~.~ a r,ustter ~d-~l~e l~ c~^'vbze atec . :_r_ _ ~~~t:
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~Y,.~,re.~,--the_ ~-u;.e~..::rsc~~r_~n~t ~