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Home My WebLink About0462 ~ 28 , 000. 00 swar~, t~~o~~aa, December 16, ~s 77 I~oce ~ see_ pavment schedule below after datc the undersigned (and if more than one, each ot them ~•~in~ly :?ud ~e~~erally), hereinatter calleci \faker, promises to pay to the order oE FIRST NATIONAL BANK AND TRUST COMPANY OF STUART ~ ulliie at tituart, Flori~ta, twenty eiqht ~10USSIICI and 00 1~0 llollars ~;lu~h :nnount includc~s 1'rcxceds of $ 27L58~_. rJQ-- Plus other charges SQe _CiiSC1Q$l.~g------ ,~i ; 419.50 28 000 OQ Dcscrit?r) resulting in an AAICSUNT FINANCED of S • • with interest at an ANNUAL pERCENTAGE RATE o[ 10 . 00 ~J~ ~~ay~able de@ Y~@IdMNhich results in a FINANCE CHA1tGE ot S 16, 403. 6(t~mPuted on a 6 month maturity, i[ ~i~ in:~nd obliga[ion). 1[ not indudecl abo~•e, other charges ~ ' - ~ ' ~ ~ - ~ ~ - in the amount of $ " ~ - ti~ve been (Describe) :~~l[eYted [rom \laker. As security for the payment of this note ~faker has pledgeci or deposited with Bank the [ollowing Property: ~")73 American travel trailer serial #CSA21672 Repayable in 120 monthly payments of 370.03, including princ pal and interest begininq 1/16/78 ~-rlr~diny all eoah, atock and otl~e? dioidenda and all riyhta to tubaeri6t /or seturiteea incident to, dttla~ed, or pranted in con~tettion with h property), u•hick properly, toyether u•itk all additions and iubjtilutiona kerea/ter plcdy~d or depotited witk Bank ia called tkt Co?- rul_ Th~ Colfateral u alao pledytd aa ae~urity /or all other lin6ilitita (primary, +econdary, dirett. toxtinyent, aolt, joint o~ sevtral), ;<< <~r to become di~e or u~/eirh mug 6~ herea/ter contratted or aeqeeirtd. oJ eaeA Maktr (ixeludinp eacA Makrr and any other par~onl I:~t~,k. Tha sarsender o/ thia i~ote, upon ~?aym~nt or otherwue, tknll not nj/eet tAe riykt o~ Bank to retain the Collate~at for sueh •h<r liabilitisa. Additions to. rsductions or ~zchang~s ot. or substituHons for th~ CoUaleral, paym~ab on account d thb loaa os iacrsas~s ot tb~ ~am~. or oth~r :_aas made partiallp or whollY upon ths Collateral. map trom tims to tims bs mad~ writhout atlsctiaq Ih~ pro~ision~ c{ this ad~. Baak aLall ~=srciss rea~on- :e care in ihs custody and preaenatiou ol tha Collat~ral to the srient nquired by appliealion iqtut~, and ahall b~ dKmsd to La~~ ~=~reiMd r~asoaabl~ F if it taYes such aetion for that purpose as I~[alcer ahall rsaaonablT rsqwst in wrritinq, but no omiuioo W do aap acy aW r~quwt~d bT ltak~r ahall bs .:eemed a failure to e:~reve reasonable eu~, and ao omisdon to eomplp with any raque~t ol Maksr shaU oI its~lt bs de~med a lallur~ b u~reiw isasoD- ~~:e care. Bank ahall not b~ bound b talce anq u~p~ nscessar7 to pruen~ aay riqhts in 1hs CoUateral againat~ri~ partf~s and ~lalnr shall Wn all n~r essarp ~tep~ for sueh puipw~i. Baok or its nomin~s assd not collsct intsr~t on or priacipai o[ any Collatsral or qiv~ any notky with rMp~d to iL If the Collateral ahall at an7 tims b~coms unutWaclory b Bank. Maker shaU wilh;n oa~ dar atter d~mand pledq~ and d~poslt witL Bank u part of e CoL'atsral tdditioaal prop~rty which b tatistactory to Bank. . If Bank deems iwll insec~us, or. upon ths ~appentnq of any ot ~hs bllowinq srants, each of whicL ahall coostltute a d~lault b~nunder, all :i~bilities of wc6 Llaker b Baak shatl thenupon or thsreaher, at th~ option o} Hank, writhout adics or dsmaad, b~com~ du~ and papabl~: (a) ttilun c' any Obljqo~ (which t~rm ahall msan aad includs each Maker. eadoner, sursty aad quarantor oE this note) to perlorm aay agr~smsat hersundar, to :~y interest herson within t~n daps ahsr it is billed or oWsr~vise requs~ted or d~mand~d, or W pa7 anp other Iiabilltp whataw~~r W Bank whsn dw: (b) death o! anp Obliqor: (e) ths filinq o! anp pstition undsr ths Banlwptcp Aet, or any similu tsdsral or statt statuts. br or sqainst anp Obliqor: (d) an ' rllcation lor th~ appointment ot a ncei~er tor. the making oi a qeaeral assignm~at lor Ihe bens6t ot asdUon by. or tb~ insol~sncp o1 anT pbliyor: (e) i ~4.e entry ot a judqmeat aqain~t anr Obligor: the iuuing d any attaehment or guni+hment or ~ha filinq o! aay ll~n. aqainat sn~ propsrtp o! anp C i~:iqor: (g) ths takinq d po~aeutcn d aay substantial part ot the proportY ol any Obliqor at the instanes d anp qo~~rnmeatal authority: (h) tha dis- F __~:,:tion. merg~r. coaiolidation, or »organization of any Obliqor: (il ths assiqnm~nt by any Maker ol any ~quity ia any at th~ Co1LNral without ths wrinoa s :c~~ent ot Bank. # Bank ahtll Da~~, but ~hall nd bs Itmitsd to, ths lolbwmq righb, ~sch ot whicn map bs ezercLed at anr tim~ wh~th~r or not tLls aote L dw: (p t~ pledq~ or traaat~r tLls ads and Ws Collateral and Bank shall thereupoa bs relie~sd ot all duties and rNponsibilitl~s her~und~r and rdi~~ed hom ar. y and all liabilitT witb r~sp~ct to any Collateral w pledqsd or transianed. and anp pledges or transl~rN shaU ior all p~aposy sund ia th~ plac~ at ' u~nk ~er~under and ha~~ aU ths riqhts ot B~nk hereundsr, (iil to tranafer ths whols or anp part ot th~ Co1Lt~ral tab 1~ nam~ of itsdt or i4 nominN; ' ; w to vot~ ths Cdlateral: (I~) to notitp ths obliqon aa any Collabral to maks papmsat to Bank ot anp amounb dw or b b~com~ du~ th~r~on; b ~ demand, sus tor, ooWct, or maks any rnmpromis~ or settlem~nt it d~sma desirabl~ with retsranc~ to the Collat~ral; and to taks conhol oi any proee~ds t cf Collatertl. ; Bank L ~srebY qi~sa a lien upon and a s~curit7 interest in all propeit! ot ~ach Obliqor now or at anr tim~ h~nah~r fa t~~ poaMSSioa o! Bank ~ L, any upacitp whabo~~~r. includ'mq but aot limit~d b any balanc~ or shus o! any d•po.i~. aus~. or agenc~. account. a~ wcuritp !or ths paym~at ot ~:i. note. aad a~imilu liea upon and security interut in all such proparty o! each Maksr a securitp !or ths paymeat ot all dhsr BabillWs oI ~ach Mak~r ;o Bank (iodudlaq liabilidss of each Maker and any oth~r p~non}: and Bank ahall ha~~ th~ um~ riqhts a~ to ~uch ptop~rip as it La~ wilh r~spM to t6~ ~ ~cllatsral. U Bant desms iWU ins~eun or upon th~ occurr~ac~ of anp deiiu}t hersunder Baat shall hav~ tD~ rsmsdlss ol a wcur~d puty und~r th~ Uni- .+orm Comm~rcial Cod~ and. aithout limitinq th~ g~nerality d the ~r~goinq. Bank ahall ha~~ th~ riqht. immediat~}p and wLhout fureLrr actton bt it. to aa; otf aqalnat this nob all mm~7 ow~d b7 Bank in anp capacity W wch or any Obliqor. wh~tbu or not due. and aLo b wt ott aqainst all oth~r ::abilitie~ ot ~ach Maksr 1o Baak all mowy ow~d by Bank in anT ppadt~ b~ach or anp Maker: and Bant aDall b~ dNm~d to h~~e u~rci~sd such ; right oi wtcH aod W ha~~ mads a eharqs aqainst anT ~uch moa~y imm~diabl~ upon ths ooclut~ae~ ot sueh d~4ult ~~~n though such charq~ i~ mad~ ; or ent~»d on tLs boob of Hank subssquont thsnto. Unlass th~ Collatsrd b p~riahabl~ or thrsatena to dedins spNdilT in ~alua or is ot a typs cus- . i ~cmarilp ~o1d on a r~eoqnised muk~t, Bank will qir~ Mak~r nasonabl~ sotic~ d fh~ tim~ and placr ot anp pubtie sals th~r~of or oE the tims i~1![ M~IICb : ~ny pmat~ ul~ or an~ other int~nded disposltion Wfne[ b ~o b~ mad~. Th~ rsquirsment of rea~oaabb notlcw ahall b~ m~t it such notice b mailed, ! ~~9~ Pr~Paid, to an~ U/ak~r at W~ addr~a q[~~n b~low or at an~ o1L~r addras sbown on 1h~ r~oords of th~ Bank. at I~ast ti~~ days b~tore iha tima ' oi the sal~ or dlspwitioo. 11~wn dlsposition o! anp Collaqral ahsr th~ occurnnp o! anp dolault hsnunder, Ma1c~r ~6tll b~ and nmain liabls for any ! deticiencp: and 8ank shall aocount b Mal~sr !or an7 surplus. but Bank shaA ha~~ th~ right W appl~ all or any part ot such surplus (or to hoM the same ~ 3s e rsNn~ aqataW aay aad all o1L~r liabilitia ot ~aeh oe any Mak~r b Haak. I~Io d~la~ ar omi~sion au Ih~ put ot Bank ia e:~rcisinq aap riqht h~r~und~r aLaU op~rab as a wal~u d such riqht or ot aap other right under ~ u not~. Pres~atm~nR d~mand, pcotpt, noKe~ 01 diaLonor, and ezt~nrbn ot tim~ withouf aotic~ u~ htr~by waired by ~uh and ~rsrp Obllqor. ?h~ ~ Obliqon. jointll and ar~rallY. promiM and aqres b pay aU cost~ of ooU~ction aad atbrn~yi 1~w ~qual to 10% ot th~ prindpal ~um w~uch luq~~ i amounb a~ ma7 b~ rwsonabl~ and just [ncurr~d or paid b1 gank in ~niorcinq tbb nah upon th~ occurrsacs o( anv d~fault Anp notic~ to Maksr shaU be sulfiei~nU7 s~n~d !or all purposM if plac~d ia th~ mail. postage p»par~d, addr~wd to or I~h upon ths premws at. the addrw shown b~low oc any other sddrq~ ahown on Bank"~ r~oord~. Mak~r aelmowl~d9~s r~diP~ ~_~P~~ ~P7 d this Not~ oo th~ abo~~ data. ADDRFSS: p•0• Box 5n1?D /s/ Russell J. Horsle~ ~ Indianapolis, Ind. 46250 ' u 0 D ~p d::~+(~.OO ~1CE. ac~ ~ ~ OJi1~ ~j ~ ~7 ~ r _ . _ . _