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HomeMy WebLinkAbout0087 1 ! ~ . TURTLE REEF ASSOCI~ES. INC. INSTAIL~NT NOTE (Sscun~ , . ~ - "ow: _ t ~ t• ~7~ _ - ~ 4~0 i P.O. 80X 818. JENSEN BEACH, FLORIDA 33457 ~?oceTaw loan T~rmr ~ Na. n.i.~ 5ept. 22----_. ~a v~oc«es s L1.j05.A0 One Hundre~ Twenty ~120) MonAhs ~""~'~c~ CNARGE t 1Z,~b~a.~O attsr aat. tne underobned. ne~einat~.. canea Maice.. ian~hr ana eeveraity promise(~) fo? valus recslved to pay to ths ordet ot ths Payee at its oHice ~yry = nor.e •s 1~ ve the sum ~~~ai~~ ~_Q~~~U--- - Cro~it Llle a liN ' d ~ none _ - - a ~n? ~~s. s _ - oa~s anK ~n.~n~e? none wifh~tin't~sst thsraon at the rate of % pe~ annum, alt payabie in = ~_1~___~monthly inslaHm~!nts af S cA on the Oay ot s = none - sacn succesaive mo~,M commencinp oo ~4Y~~. 1-9 -77 . AMOUNT 21~1,~~.Q~ A NM eampuMd K tM ?~K oK.05 Der t1.00 on ead~ insts~ent in Cetwp 1or FlNANCED t_ a p~rwa ~n aross a~o e~s en~r w cnxyea u» rtnke~. No wc, line s~w ~eea sew~~a~? coaeaen none i5.00. 1Aakr Is rpulrW b pa~r a~ caats w colbcuon. k~duauq ~ reuonade uwrrry's cn~s (itemire) i fN M nfKnd lor oope~ctlon or bgal D~oubinqs. All payments. wf~alMr princip~l. S ~ a aAe~w~s~. na received wo~+ aus sn~ beu Murat ~t 10% pe. anwrn ANNUAL PERCENTAGE- RI~X, hom dw d~1t unM D~d- AN P~rt~e~n rrude 1~eunda st?~II Oe croAded Rrst ~ b inMr~st. d~er1 to hwlul cAuges Men attrued. and I~s1 W prw~tipEl. n a~. a~n ta aaw+a ~n a~. ~atea a~.w~a. u+e ~a s~ as a ar au. a s~as e~a roc~s wa~ ?e~w~a a n~. u~nw parion af tl» crodi NN Yiwnnoe pr~nn ano fwnc~ cAxq~ mo wcn ltlier crodit as rr~ oe rpui~ed ~ hw a. ~s .aa~r be n~ces.wy ' b~ofd usury. Oraid~d M~t 1M Haider m~y roqin a~ sn~nct clwpt d t25.00. wAetMr or nal otlbrw{ss s~rned, an0 aapl in IAt case W a atiewrcing. n0 fu~nca ch~rpe ar Dremhrn refund shri be m~de M k amounts b less tt~n t1.00. ReNiMbn d my, n~mrir~n limna sn~ll ee in aa0ilion a service aar9e N anr?• JMr ~angwpe els.w+iere nerein !o tne conaary non~itnswioi,q, „eid,er Pay~ . nor ~np holda he~eof slyr receNe a ronin anp dWrg~ a inlerest not ~flowed Dy la~. - u b? ?he c~r~~ a mis wke~ n~ p~ageo eco~ro~ w~a~v,y~ u~~ww~ ~ An 0:4? 3~ und i v~ d~d ~ i n teres t in Tur~leeReef Cond.~, recor ed ~n . oo n e cs... 5,6 7~~ ; an n on . . n. o. as escr e nssa mor qaq . ~ (fndudug ~ cuA. stak and at~ elwoerws and ae riphts to suCscrib~ ta secwines incloem eo. decy?ed or gnntee in canneet+on wiM sucA Droperryl. wAkh propertr. toystner witA aY additiaa and wos»tutions M~satter pkdpe0 ur dsposilpd waA P~e a c~ned the CoM~t~n1. . . fie Cd~atenl is ~SO ple0yed as SeCUrlh tOr iN Oth!? liibait~es b PaYee (Prirtwy. s~dx~r. QirEtt. Conliqent. SOIe. j0i1N 0? Seve?7t1. - du! Or b DeCOnls ~e Or wbitA rtyy be Aereahe? CoMrdtted Or acquved. 01 eiM Maker (or ol eidl Maker and any Ofher persOrt~. TM surrena.? a mts noro. ~ooe wrneM a axerwfse. sl?~n .na arka cne rqm a Pare. a raam me cowMnl ro? wcn oaier fi~oiiws. C~DIT IIFE and f~tE01T UfE b qSA81UTY fNSURANCf ARE VOIUNTARY AND NOT REOUIREp fOR CpEpIT. $uM inwranq c~ape Is av~il~b~e u ms cast aesiyr~ted ee+ow tor ths tenn a Me «eait~ a? s lor c.~.d'a ue in- wnnce Ib) t ta C~edt life b Oisa0i4ty Inw~+ce: ' ' Cl+eck - Appl. D Crsdit Lils tnsunnce Is desired on tM Nfe ot BOec Birthdate ? cro~ ~ae a o~aa~ ~~swa~a ~s aes~eo an . Q! Croait LMS ana~or o+s~cai~r jnwrx~oe a no1 aesi~ee. - R Sept. 22, 1977 ~ X~ ~ Patricia A. Lall,~ s~e ~eations ro. reau~nons a«cnanges a. a wDsw~no~s ~ne ea~ata~l: p~mem: an aocown a mis aan « muases a me same. a? on~ bm ewas varri~Ry a who+y upon me ca~atus~. nwr from ane a m+e ee m~es without ma8oy tne proris~oes a tNs noN. P~yet slyll e~cercise roasonable carc in tne wstoA~r a~d P~esaration af tAe Colwcral 1o the axlent requi~e0 D~i appic~ble statuts. and star 0~ tNMned b twve euac~sed reasonaDle cxe d it Wkes such aGion for that purpos~ as Malcer slutl reaswiaph ~e0~est in rrrfdnp. but no amiss~on b do anp xt rat requesled by Maker shall be dedned a 1aiMxe to e~rortise reasomWs care. and no omissbn to ~ ~^wM ~~r ~ a wt~ sn~il a qsdf oe oecmee a t~hue ro orocise reas«wWe are. rapee sna~ ~a oe oound to nke x~r ~eDS ~Y b P~essrw anp rigtqs In the Co~a~al agair?st ptior partles and M~cer s1uM tyoe aN uecessory steps tor such pu~paaea. Payet or its nanlmt nMd not wdec! in6erost an a prir~1 al arryr Cotl~knl a gire any natice wRh resped to p. n pa~ee ae«ns +~sen insea,?e. « upon n,e n~ppen~ng a any a ~ne ~oaowi~ ever?a. eacn a wn~a, snri c~trt,a a ac~wlt nera~naer. ~ f~D~des d sacA Maka ~ Payee sh~ thereupon a tnerealta. at tAe opiian al Payee wkhout rwtia or Oemand. Decara due and p~yable: (a) me qiMua a arry ODNgor (wnicn eerm s1u11 me~ ano include each M~cer. endorser. suretf?. and 9uanmo? a Ws nael lo Petiam anf? ayresrt~eM herander. to oay iruere.u hereon vrithin ten O~ys after R is due. or N there be no due date. aite~ il Ct Oined or atl~err~ise re0uested or de+rundtd, b pay ar7 otha liab~ly wt~tsaerer to Payee wf~en Aue: (Dl the daM d anp Obiigor; (cl Me fdinp d any petition onder tAe Bankruptcp Ad. ar any simiyr 1~ a staie statuts. by a a~nst aM ODti9o?: an aDO~on tor th! ipp0i11b11~ d 2 tECdvlf t0?. HIE rtNki~ d i~~~,~ ~a ~n~ c~ a aeeaas a. a me aaon~r a a~, o~o~: ce? ab ~ a a i~,a~e~ ~se ~r tn c~,e a~~a~m o. a ene i~ d,~,Y s~. ,,,r P?opertp d an~r ODIi9o?: (9) me taking d po~ession a arryr wCsanrial o~ a tlie wooeM a a~7 Obligor at tns ins~noe ~1 any 0wsrm~l~ ~+tho~ihr. (h) ths Alssalution. muyer. conso4dation. or reorganilation d a~y Obligot: li) the assignn~eM AY anY AAaker ol arry equMy in an~ oT i11e CoR~ler~ without the Mrritten tonsent al tlrc Payet EaU~ OWigor herebp waives any repuironxnt ol notite a demand rdlectin~ wdi xceleration kisolar as wcA repuae.mer+t be in aOd~tion to the mae e¦ucise d arry rert~edy affaded in Mis tWte a the a~stitution d s~t by the then hol6er. . . - P~Y~ ShiO Aive. bW SAall nof De limited b. Ihe Idbwing ~hts. eatA of wMCA rtuy DE ExEtti5t0 at iiry 6me w11etAEr Ot n01 MiS riok ~ due: (D ta pfedge a tnnskr this nde and the Cotlataal and Payee s!uR thaeupon be rtlieved af aN duties and responsip~itles MnurWer uid reKered from aM an0 aN Iiab~INy wqA resad fo an~r Cdiatual so pbdged or Umsfensd. and anp pM.dgee or Orar~sferros sIW - tor a~ purposes stand in the ptaoe d Dayee herounder and have au tAe ~ig~s o1 Pare~e twainder (B) b tnnsfer Me wAOte a my pxt d me catl~tx~l imo u~e nxne a itsdr a i~s narrnee: t~i? ro wse me cayron~: (iv) ro nairy me ooagors a any couata~ ro m~ce p~nnent a Papee of xnr amouna due a to Deoon~e d,e therean: lv) ro aenwnd. we tor. colbct. a make anp cortprmuu a settlema~t il oeans . desira010 with rcterena b the Co1latGal: and (vi) b take control af anq Droceeds d Cdtateral. Paree is ?~ereey qNen a iia, uoo~ ana a sawiry intc.est in aa aaoertr a exl+ Oe~o~ now or at an~r ctine naeana in tA~ oossessic~ a Pa~res in ar?r poaaty rnanoever. inc+ua~nq ow na mnaea ro any Dalana ar sAare d anr deausit. trust. or ayency acceum.u cne securiry 1or IAe paymeM ol this note. and a similar Nen ~oe? and security inkrat in ~I wcA property W eacA Maker as sewriry tor the payrtbnt d aM atAer F~bYides ol each AAaker b Payee (inchW+n9 tiabilities d exn Maker an0 anp ather pcrson): and P~pee shaN hirs the s~me riglqs as to wcA prap~rty as it Aas wiM respett b the CaN~taa1. n Fapee aeans i[sen inseaKe or upon me awrrd~ce w anp aetwn haeunaer Payee sNall nar. n~e farsaowro ana aher remedfes a a searso v~~r unasr appdwae 1aw ano. witbo~n wniti+g ?ne gen«alifr d the forcgoiny. va~ree sAax nm me rigtH. Nrmediatdy ara wnnan further attl0e by t. b S!t ofl agiinst WS rlOte at mansy Owed b~r V~ree in arry capaalY b eadl Or 2n~/ Wker, and M wCh Set dt SAiR oaur. Pay~e stW be d~ansd to luve ~ed wch rigAt a se1 ds and ro hare made a chuge agaimt any wd~ nane~r irtrne0i~r oDa+ ths aar?ence a wch Oetwa e~ren though wcA chxge is ma0e or entaeo on the books a Payee wbsequem tt~elo. unless the ~ CaM~teral is perisRabk ar tMeatens w decNne speediy in rah+e a is ol a MP~ as+art~i1Y sd0 on a recognized market. P~yee wi Syve ~ wker rouaroeie ~a~ce a me aoe pxe a any p,aic s~e n,e~ea a a n,e nme ~n« ,~a~ s~r v~rne s~e a any oa~ in~e„aeo ~ disvosition Merea is a ne n~ae. ~tne requi~emern a ~wsonaGie ibtice s~ue oe met i sucn' noNCe is ouibe. postage vroa~a. b~qr Ma~cer ar nb adaras given edoi» o~ at an~r mUe? aeofess snown on n~e ~as a me Paye. ~ ~easc rNe eays oetore me eimc a cne sye a~• ~DOe d3s0ositton ol ~r Cdtatenl af~r the oawrence d an~r dequM haeunAa. Maker SIW De a~qd ranain li~le ta a~ deficknc~r: ane Parea s?,an accoum ro A~ak~r ux anp wroW,s. b~n Payee sh~N ~w~e tne riytn to ~pl~r aN a~ryr part a sua? wrohes (a b hold the same ~s a reserre againstl a^Y and aM other IiaDikties o4 eacl? or ~rry Alaker to Payee. No del~r or ocnnsion on tne p~rt d Payee in acactsin9 aM rigM hereunda sban ooaafe as a waive~ d such ri~t a W airy otne~ rfpht upder this nae. Presaumem. aerrw,e. prolest. na~u a a~snonor. aeo extension a t~me .do~ouc nonca ua nere~ waivea o~r e~d, ano avery ObFOO?- The Obqpors. lotntyr ar+d serer~lyr. Dromise mA agree 1o p~ aA costs al -ceMeetlon u~0 re~sonaDle attaney's ka ~na bss m~, ~ox a a?e w~uoy sum? ~ax~ea « v~e ~r- Pa~ree M en+o~ang axs na~ ~pon me acau~ence a~r eefa~. Arry na+a m 4~aker snaa oe wx~Kiemryr s«vea wr a~ ourooses it kn uvon a placea in the uw. postape p~paie. addressed ~o me prsmises . at the ~ddress sho~rn below or anp WI~ adQress shoMn c~n P~pet's nca0s. _ wherever thls nas is awted Dy a co~maker a en0orsu wta is the wi~ d d matcer or endorsM. the said wile does Ae~eM e~cpress~r • ackiqwledge ihe within debt as ha joint and inCiviQw! dsbl. ExA of Alaker acknOrrtedqes roaKN dt a crrnAbteC co0tl a~ tt+n r~afe on t~e aOovE daM. 495 fiat^Va1^d St. ~ ~ ' • i ,l 2 ~ ~ ~ ~~T~- ~~r~~kl ine, :3?1~6 ~ r c a . ~ BooK p ~ ~ ~'G. ~ - - • , - - _ - - - _ - . . _ . x..._,~.