HomeMy WebLinkAbout0588 = Z3~~ . ~a4 - VERO bEACH. FLORIDA, ~Gembar~~- 19 ~ ~ ~
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fOR VALUE RECEIVED, underu~ned, j..intly and se~enllv, pn,mise to pay u~ the uider ul •
FIIt3T CITRU3 BANK OF INDIAN RIVEIt COUNTY ~
at Vero a~u~, t~•1'houaand 'i'hree ~llltaT:d ~~AC~•three aAt~ ~~LQ~~••~••~••••~~•_•~~•••.•••• DOLLAkS
tAe wm of -
'96 . $I^
(TOTAI.OF PAYMENTSI p~)'sl.lr in m.ntt~t~ ir.cta!lmrrsts=:! 3 - each, un thr day ~J cach succes-
sive mnnth mm~?eocins on 1. 19 Ta, with a FINAL ~~r Ii~.~~ pa)'ment uf q~•~i . , u~thrr
with interest upwi al) wau hereunder atter thcir r~tprcti~~ nuturities ~t ~6~ rate ~d trn per c~nt per ~nnum unti) {iaid and all anu of c~~Ilectiuns, in- _
cludins a rcawnabk at[otney's ter i( cullected by leaal ~~na~ or ~hruuRh rn auorne~~ at law~. Thr cunditi~~ns, it any. (ur ro(inan~ins the t~a11~K.n
payments arc - - - - - Zfl~ . QD _ _ - - _
The amouat o( this nute includt the proceeds o( . C:~edit Litr ~ Dy~biGty Insunnce premium o(
Property Insurance premium of nOA! , p~,~~nt~ry Sumps ~f plus u~her charRa (Descnt,el
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~ ~.+sc~ ~ Intsng, _ ~ s _ 2I . b4 , ««.i~~„~ ~n AMOtINT FINANGED ~r s - 2060_. a8 - - . v~~, .
FINANCE CHARGE ot i ---2~~~~ _ lNhich c~~~ ~r s _ __2~3.3~ . sr~.~;« ch.~s~ ~r s _~149__ - .
and uther cAarRes o( (I3escribel - -----AODt-- - _ _ IIO[3! - i. resulting in an
ANNUAL PERCENTAGE RATE ~
CREDIT LIFE AND CREDIT LIFE AND DISABIl.17Y INSCRA\CE ARE ~'ULGNTARY AhD NOT REQU(RED FOR CREDIT. Such !n-
surance co~~craae is a~~ailaWc at the cost desianated helo~. f~.r the term .d the crcdir. (a) s 85 lur Credit Li(e It.wrancs (b)
; ~ ~ tor Disabili~y Inwnnce_
Check QXCredit Li(e Insunnce is d~sired on the !Je o! - - - $1~--x---~g0~--- - - - -
. ' r. _ _--t, -
Bo: ~ Crrdit L'efe Disability Inwnnce is desired oe _ - _ - - - - -
Q C~ it Je and/or DinAi6ty lasurancC,fs oW ~s~~ y~ f' - -
(Date) 121 iZ~77 (Sisw[urel I ~ l.,, ~/F' ' (&rthdale3
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(Date} _ (Sianatutr) (Birthdate) ~ -
PROPERTY INSURA~CE, i( v.ritten in connectwn r.ith this loan, may bt obuined by tl+e undersisned throuah any penon o( his choicc. 1f the
undcnisned desiret property irtwran~e to be uhuined thnwah the crcditr.t. the cast will be for a term oI ---,IIIIl1L
mootFn.
Tht undersisned alxz promises tn pay late charse ~d FIVF. CEPITS (f.05~ PER AOLLAR o( each insiallment more than trn (101 days in arrnra
but NOT EXCEEDING FIYE DOLLARS (=S.W t~n the case o[ any one in~tallmeat.
As used herein the term "COLLATERAL" sluli meao and indude ~he Jr~lkwin~ pr~.perty which has been ur is hereby pledged, assigned ~rr cnme>'ed
t~~, or depnsited ..kh the Bank: K4~Q _~~I9Y~~Ll~- - - - - - - -
and anv and all other property of e~ery kind or deuripti~~n naw or hem(ter in the p~nsession or under the con~cnl o( Bank (nr any rtason, together with
all aaditinns and substiwtions hereatter pkdsed t~ or depoaitrd with Bas~k, and includins all cash, stnck, a~) uther di~idends and all rights to subscribe
~ f~r securities incidrnt to, derlared, nr snnted in trmractinn with any property hereinabmre described or re(erred to. Any balance o( deposit account
~~f the undenisned, or rndnner, or am ~d tl~cm, deposited or under po:sessioo or c~ntr~d of the.$ank may, at t!K ~ption of the Bank be applied to such
~ indtbiedness hef~re Imkins to any ~ther collaten! lhtrefor. As uud heran. °liability° or "lubilities" means and indudes this note and all obligations
: and liabilities ( Primary, secnndary, direct, continarnt, wk, joint or se~enl l, due or to 6ecome due or which ma~ be hereatt~r contracted ur acquired ~
~ach Vtaker (includi~s any Maker and any other per~on> to Bank_ ~l~ker warranq and asrees that Ba~k has and shall have a lien upon, security tide
and a security interest in all the Collatenl as secunh• for the payment o[ this nnte and all liabilities, includin~ an~- e:tensions, renewals ch:r~gcs in
fnrm o( any thereo(. The surrender o( this notr, upon wf-~ne or otherxise, s6a1) no~ sffect the riaht o( Bank to reuin the Collatrnl (.~i any other
j liabilitia.
~ A(ailurc to apply any batance o( any depoat account cm this note nr the surrender or rctcase of any collatenl held by the hulder shall not atfect
~ che liability of anr endr+n~r, swnntor, wrety or other pzrpr to this note, nr rekaee or relie~r them, or any ot them, tmm liability to pa~ the tull amoun~
~~t thu note: and the holder may pmceed a6ainst any party to this mte v.ithout fnt proceedins asaimt the maker or an~- other party. The holder shall
tx under ne dutr to enforce paymeat out of the collaten! securina this nnte. 71?e bank u which tltit nnte is payabk it hrrc6y authorittd to apply on
$ or ifter maturity, to the payment oE this debt any funds in said bank bcbnsinR to tAe maker, wretr, endorser, suannt~r, or any one n( tFiem_
~ Additioot to, rtductiom or releasea or e:chan~es o(, er substitusinns for the CollatmL payments ~n account ot this loan or increaxs of the um~.
; ~r other laace made partially or wholly upon the Collatenl, maY (rom time tn time he made ~+ithout a((ectin3 the pm~isions o( this note. Bank ihal!
exercise reasnaable are in the cmtody and proen~ation o( the Collatenl to the e:trnt requircd br applicaW~ sutute. and shall be deemed to have e:-
' ercised reawnabk care if it taka such acti~n (~r that purp~~e u liaker sAall rcauu~ably requat in wnun6, but r?o ~rmission to dn any acl not requcsted
$ by Maker shall be deemed a failure tn e:erci~e re:xmahle nrc, and no omission to compty with any request o( ltaker s1u11 0( itself be dcemed a
! failure to exetcite reasonabk ure. Bank shall m! be bound tn tike any tteps necesurY to praerve any rishts in the Collateral against priot parties
~ and Maker atu0 bke all neceasary steps for such purpu~a. $ank M ITf ~101qtIHY [Iltd D(1l tRIIt[~ interest on ~r principal of am Coliateral or 6ive any
? notice with mneet to it. if the G+ilatenl shali at any time hecorae unaatisfxtory to Bank, liaker shall within one da~• after demand pkd~e and d~-
c~-po~it with Bant a part of the Collatenl additional property which is utisfutory to Bank.
Bank shall hart, but shall not he limitrd to. the [ollnrins ri~[hts, each of which maY be ezercised at any time ~+hether or not this nnte u due:
(1 { to pledst ~r tnnsler this r+ote and the C~ilatenl and Bank shall thereupon be rclie~~ed oF all duties and responsibilities hercunder aod rtlieved (mm
any and al) liability vrith rapect m any Cnllatera) so pled~~d or tnnsterred, and any pkdqee or transkree shaU (or al! purpnses snnd in the place ~+t
BanE he~eunder and ha~e aG the rishu ~d Baok hereunder: (2f to tnnsfer the ~+'hok or any part o! the Collaten) into the name ~f itself nr ia nomirtee:
13) to vote the Collsteral; (4) to noti(y the nbtiaors on any Collatml to make payment M Bank of any amnunu due or to 6ecome dne therenn:
; (51 to demand, we for, callect_ or make an~ comprnmise or settkment is deems desinble with reterence to the Collateral; and (6) to take pruteasion
and control of any pr«eeds of CoUaeenl. (y
The happe~ins o( any o( the followinR evenh sha o aul ! nf any OFiliSor to pay in full any inftallmmt paY-
, able heteunder promptly ~hen it becomes dur. (b) (ai re v i r t pay ' u~~~Eni any indebtedncss. ~liaacion, or liabilitY to Bank
wh~tsoever, or any ~nstallme~t thereo( or interest th~~~r~ a~lu o m• L t rm any aRreer~ent hereunder. (di the death of any ~
Oblisw: (e) any Oblisor ber.xner irunkrnt or any ~t. ~ a~ : te mso ~~e~t° and "insohency pr~ceedinss' arc defined in
the Uniform Commercial (.odel arc imtituted or made M ~r asainst any Obliqor, or application (or the appnintment of a recei~~rr for any Obli~or N
- or tor any o( lhe asub ot anY Ob1~Sor, !(1 the iuuin~ of any ~tuchment or aarr.ishmcnt, or tht filing o( any lim a~ainst any prnperty ot any Oblisor. ~
presentment, demand, pmtest. nr~tiu of disMtv~t and/or prot a~d ~ra+ti 1 vment are herebY ~.ai~td by each maker, end~~rser and other a
~ party to this note, and each of them do hereby M~I~Y the riqht t be s~ed ajl ( It in the county o( their residence. ~y
a The maker Fw the risht to prepay this kun in futi and ohtain a rr und`!'the unearned portion of tlx fi~ance charse computed nn the 7A's meth~d ~
~ of camputation, a(ter fint deductin ;cquisition ~~xt of Ten Dollan.
~ THE UNDERS ~ UIyDE A~TD A(:REES THAT THE ADDITIO~IAL AGREEMENTS AND PRQYlSIONS ON TNE RE• ~
' VERSE SIDE HER~F~HERgBY I•RATED B1' REFERENCE. CONSTITUTE ACREEMENTS AND A PART OP THtS C:ONTRACT. p
r Tbe uadrnisaed uknoarledses receipt o( a c~mpkted copy nt thit rwte oo tbe abore date. o~o
i c~°
~ ADDRESS - - . .
` 5415 Shar+aon Dr. Fc. pierce, FI 33~•7~ M,~, _-,r . ~s~~
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