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HomeMy WebLinkAbout0700 i ~ , ; ~o ~laue and to ~told f~~~~ c~i~nr. fuy~•1~~~•r rr~f~~ I~ir frr~~•mrnls. ~u•~~~~~ilurn~•~il~ nn~~ up~~~i?!~~ r~~uu r. f~~rn•?u ~~~•~u~~yin~~. nn~~ 1~~~• n•riti. i.cu~~s nn~~ pru~if. t~~~~n~uf. ~~nfu I~~i~ murtguq~v~. in ~~~i~ sim~llr ~{I~~ (~ir mu?fqui~ur ~urr~ine~fs u~il~~ f~~~~ r?~url~~ary~•r f~~~~l I~i~~ rnurfgnqor ic in~~~•~~•asif.~v sr~_w~ u~ .ui~~ !I ' il 'l111~~ Ih '~•P ~I//1~1I~•: ~~~11~ ~'IP morign~~or /145 1~UW' ?11~'1~ (t?11~ ~/IU'rlll A11~110f1~)' ~U I~UIII'P~ 5(111~ '(Iht~ !!S (IJ/)~P .ni~~: I~~at f~~~~ murl~~a~~ur ~ri~~ ~n~~~r~~ sta•~~ ~urf{u~? as.~uun~-i•s fu ~u•r~~~ f I~u~ f~~~~ simp~~• fil~p to sai~~ ~untl in f~~r ~I inurtynyrr us niu~~ rruwnnl?~y ~i~~ n~~~uirA~~: t{int t~~~• n~o?fga~lur ~~rrn~~Y ~u~~.l• u~arr~mis f~~a til~~~ fo sai~~ ~cutt~ ~1 11111' t14~~ /~1•lPII/~ ~~11' .0??1!' Q(~QIIIS~ ~11P't1U'rt11 t~~t11?/15 0' (1~' ~1Pf\O?IS U'~IO/IiSUPI'Pf: (111(~ ~j1A~ SA1~' I(111~ IS `IPP QII/' 1'PQI U' O'1 1'IIf~11//1~~If1111'P5 ~ROY ( DEC ALNAYS~ T!~AF ~~~A. ~ C~ .`•~~RTGA! OR ~''~A~i. PAY '~yZn SA ~ O P-~~RTGAC.EE THE CEp'A~N ~RONISSOAY ?~OTE +'.EP,EI'~AFTER ~.~«~TINT1ALl~ COPlED OR lGENTIFIEO~ TO-WIT; S l~~l~~•~n Stuart. Florida. ~rNu~ y ~ Ig ' 78 Note ~ $@C ~y111@71t SC~1C`dU1C ~laMl after date che undersig~ed (and if more chan one, each of them j~~indy and se~~erallr). hereinafter called ~taker, ptomises to pay to the order ot ~ij~ FIRST NATIONAL BANK AND TRUST CO~iPANY OF STUART i~, o(ticc at Stuart. Florida. ~'~tSJ~.'~ l~Vtl~=.v ~I~ /L'VD ~~1~0 - - - - - - - - - • • - ~llars ,~~I~i~h :unouut inctudes Yr«eects o[ S 9~~~3, 90---_ Plus other charges _~C•St~llnpS, T~tle IAS~ TS.g (Dcscribe) tr8J1~ „f g 4(1G~10 resulting in an A~tOUNT F1I~ANCED o[ 5.~~) with interest at an ANNUAL pERCENTAGE RATE of _l~_ io pa~•able cE'P nti? which results in a FINANCE CHARGE ot ; (Computed an a 6 month maturity, iE ~Irmand obligation). lE not included abo~•e, other charges - in the amount of S~-have been (Desctibe) ~ollected irom Afaker. As security ior the payment o[ this note '~taker has pledged or deposited with Bank the following property: 19h~ 1:'O11c33TB~ler TravPl Tt"S,11eT~.. ~'~~18~5L~ ~Cpayable in 120 monthly instalments of 5134 16~ includin~ princ nal and int~rest be~iruii Q q/R i c ~ 6 r y~ P ~ includinp aIl eaaA. stoek and ot6sr divid~nda and n?l riykta to ~ubaeribt jor tecuritier incidext to, detlared, or prantcd in eoxneetioa with .z«h psopesty). u•hich pro~xrty, toyethir with alf additeona and tabititution~ ktreajter pledyed or depoaited witk Bank ia rnlled fht Col- late~ra/. The Col~at~ra! ia alao pledytd aa aeeurity /or al! other lfabilititt (primary, seeoxdary, direet. tonti»pent. aofe. joinf or aevera!), due or to•beeome dNe or uki~h may 6~ k~reajter contrnetcd or atqui~ed. oJ eaeA Maker (iaeludixp eaeh lldaker and any other peraon) to Ifank. Tka e~rreMder of thia note, upon payment or otherx~iat~ ~hn![ not ajjtet tht riyAt oj Bank to retain tAe Collateral for ~utA ~~thcr leabilitiea. . ~ Additioo~ to. r~ductions or ~:chaaqe~ d, or subsritutioos !ar th~ CoUatsral. papm~nts on account ot thls loan or iaanas~s ot U?~ ~am~. or o1h~r loans mads putiaUr or wholly upon 1Ls CoUatsral. may trom tim~ to tim~ b~ mad~ without aftectinq th~ pro~isioni oi tbls noi~. Bank shall ~:~rclw rwon- able care tn the custody and presec~atao o! the Collat~ral to th~ ezt~nt nquized by appljcation statuts. and shall b~ de~m~d to ~a~~ u~rciNd »a~onabl~ , care if it takes such action for that pu~po~~ as Mak~r sball r~asonablr rpu~st in]writinq. but no omis~ion to do any sd aot rpuMbd b7 Mak~r s6a11 b~ deemed a tailurs 1o sz~rcvs roawnabb cat~. and no omi~sion b oompl wit~/fnr r~quest o! Maker shall ol ibelf.b~ de~md a 1a11un 1Q ~z~rcvs r~ason- j able cars. Bank shall not b~ bouad b uks an~ st~ps necesaarl b rn any riqhb ia the Collatsral aqainst prior putlp aad lfak~r ~hall tab all aec- f essary steps [or wch purpwM. Baak a ib aomfnes nNd nol call er~st an or prineipal of any Collateral oc qiv~ an~ notk~ wfth s~sp~cl lo il. j ll 1As Collateral shall at aai tim~ b~co~m~ uasatisfadorp~nk. shall within ow da~ aft~r d~mand pl~dq~ and d~pwit with Daak ai put d ! the Collat~ral additiooal prop~rtl which is utWacto~r to Ha~ ll Bank d~sms [wll ins~cur~, oc upoa th~ ha o~~m~ d th~ foLowing s~snb. each o[ w1?ich ahall ooostitut~ a d~tauh h~r~undu. all tiabiliti~a of ~ach Nak~r b Bank aha11 tlur~u ths er, at tf?~ oprion o! Bank, wilhout notics or d~mand, b~com~' dw and paTablr. ta) tailu» ot any Obliqor (which brm shall msan aad •~ach Mak~t. ~ndorser. swety and quuantor of thjs note) b pertorm aay ~ ~qr~nt hsr~undsr, b_ pay int~ru! Aer~aa wilhls 1w d~~s ah~r it i~ ah~rwiw raqu~ated or d~mand~d. or lo paT an~ o1L~r 1ltbility whaLw~u b Baak wh~n du~: (b) the death oE anY Obliqor: (c) tb~ 61inq d~y'~ pstition undsr tLe Hanlcrupley Acf, or any similar lederal or atah statut~, bp or aqainst ~ny Obligor: aa application Icr fh~ appoin~wt d a nc~i~rfor. We mskinq ot a qeneral asdqnm~nt lor t6s beasfit d crsditon bp. oi th~ iowl~~ncr d aaT Obtlq~x: the entrt ot a judqm~af aqaiast an7 Obliqor. th~ Lsuinq d any attachment or qunishmsnt or U?s 6Linq ot aat li~n. aqain~t anY pcop~Rp of mp . Obliqor: (g) th~ takiaq of po~waica ol any subatantlal part ot tLs Qrop~~tY of any Obliqor at the uutancv d anp go~~rnm~ntal autborftl: lh) Ihs dis- solution, merq~r, aoowlidaKon, or »orqanuation d anl Obliqor: (J the assignmant bp any Maker ot any ~quity in anp d tD~ Collttual wiWout th~ wrin~n consent ot Bank. Bant ~Lall ba~~, but ~hall not b~ 1[mlted to. W~ tdbwmq righb. NcL ot which may b~ ~zerciwd at mY tim~ whN1?~r or not thL ~b is dur. (D to pl~dq~ o~ transisr thL nob and the ColLroral and Bank a6ap thsrsupon b~ rslie~sd ot all dutip and raponsibillWs b~r~und~r and nli~ved from anp and all liabilitlr writh r~spM b anT Co11al~ral so pl~dqed or traad~nsd. and aay plsdqe~ or tranaf~rM shall tor all purpw~i stand iu th~ pLu d Bank 6~r~ond~r and har~ all th~ riqhb ot Bank her~under; (iD w transfer th~ whols or any part ol th~ ColLbral ialo th~ nam~ d iWll or ib nominN; iuii b~of~ tD~ Coilaisral: (I~) b notil~ ths obliq~ on anp Collat~wl b mak~ paymsat ro Bank ot any amounb dus or b b~oom~ du~ th~r~; b dsmand, sw for. oo~l~ct. or mak~ m7 oompromia~ or s~ttlem~nt u d~ams d~sirabl~ wilh r~l~r~na to th~ CoUat~nl: and to tak~ oontrol ot mT proos~ds of CollatsraL Bank i~ h~r~by qi~~n a li~a upon aad a a~e~uiqr int~nst in all prop~rtT ot ~aeh ObUqor now at at auT tim~ 6~nah~r ia th~ poa~ssioa ot Daal~ ia aar wpadtp whabw~~r. iacludiaq but not limit~d b mr baLncy or shar~ d aaT dspwp. trust. or aq~ncq account, as Ncuiit! !or th~ pa~wnt ot thii noie. and a simllar li~n upon and sacuritT interpt in aU such propsrtp of ~ach Mak~r aa ~ecuritT br th~ paJment d aII oth~r ilabilitus ol wch Mak~r to Baak llndudinq 1Lbilltl~s ot sacb Maksr and anp oth~r p~non): and Dank aEal! ha~~ 1h~ ~am~ riqhb a~ to sucb proputT a~ it has writ~ nsp~cl to tb~ Colkt~raL I! Bank dMw iW)f ins~euc~ or upon th~ ooeurr~ad of anp d~iruit h~r~und~r Banlc ahall IIa~~ th~ nm~di~s d s Neur~d parti und~r tD~ lJni- form Comm~rcW Cod~ and. witLaut limitinq th~ qw~nlity d t6~ tor~goinq. Dank shaII ha~~ t~ riqhb immadiablY aad witbout turih~r action b~ it. W sst oft aqalast tLls nob all mon~~ ow~d br Bant fa anT ppacitp b Nch ot anY Obligor, wh~t6~r or not dw, aad aLo b wt of! aqaiost aU othrr liabilitir d~aeh 2[aku b Baak all mon~T owd bT Danlc in anr wpadtT W~ach or anT Nak~r, and Dank sball b dNm~d b ha~~ ~=~rc1Nd sucb ~ riqht d Nlo(t aad b ba~~ mad~ a ehuq~ aqainst anY ~ucb aoo~i imm~dsaMlr upae th~ oecvrr~acy d such d~Lult ~~~a tbouqD such chug~ i~ mad~ ~ or ~nt~r~d an th~ boots d Eank subwqu~nt ~h~r~to. Unlw th~ Collat~al i~ prriahaW~ o[ thrNNn~ b d~Clin~ apNdilT ia ~alw or b d a tlp~ cur tomarit~ wld on a r~ooqnis~d mubt Dank will gi~~ Malnr nawnabl~ sotld d th~ tim~ and p1ae~ d aar public ~a1~ th~c~ol or ot t6~ tim~ aftsc whieh anp prhal~ M4 or an7 olh~t inbnd~d disposiUon th~nof b b b~ m~d~. Th~ r~quir~m~nt d»awn~bl~ notic~ a6a11 b~ mN 8 sucL uotio~ L mailed, ~ Pai+9~ P~Wb. b an~ ldak~r at th~ addrw qi~~a b~bw ar at sn~ olb~r sddrw sbown m th~ r~oord~ d th~ Bank. at lwt ti~~ daya b~br~ tD~ tim~ of Ih~ sab oi dbpositfon. Upon dLpo~ition ol anT Collat~rd afbr tb~ oecurnno~ o! anY d~tauh 6~nund~r. Mak~r aball b~ and r~maln IiabL br aaT ~ dsfici~net: aed Dank ~hall ~ooount b Maker for anT wrplu~. bnt Dank sha11 ha~~ Ih~ riqht to ~pp17 all or aoT put at ~ueh surplus (or to bold t~ sam~ u a:~Nn~ aqaf~tl aDT aDd all ot~r 1LbilitlM at ~ath at anj Mak~t b Baak. No ddal ar aoLsion aa tL~ part ot Bank in ~:~rdsinq aaT riq6t D~r~uad~: sLall op~rat~ u a wal~~r d such riqDt oc d my dher riqDt uad~r ~ thb aot~. Aa~atm~at, d~maed. protat, notin d dit~onor, and ~sten~bn of tim~ without uotlca u~ h~r~bp wal~ed b~ ~ach and ~~erT Obliqor. '!6~ Obliqon, iointt~ aad ~n~tallY, promw aad ~qrN b pa~ all oosb oi calbetioo aad atbruqi tNS ~qwl to IO~o o( th~ yrincipal sum or such farq~r amounl~ a~ maT b~ r~aW~ aod iu~t loturr~d os paid bl Bank in ~nlorccmq t6h oob upon 1h~ oeeurr~nc~ d aa~ d~tault llnT notis~ to ldalc~r ~hall t» ~uf(icMntt! Nn~d for all purpwN ft plao~d in tb~ ma11. Pa~ P~Wr+d• add»wd b or l~N upoo th~ pr~mLa a4 th~ addrw~ sbown t»iow or anY oth~r addrw a6owu oa Dank'~ r~ourd~. ltabs ac~aawldq~s nerlpt d a ooepMMd oopT d tLb NoN oa tlu abo~~ dat~. ADDAESS: ~ ~IC ~ /~A rPi7~~. /C.~X..•/~ n.nr ~O • SEAU ~ enger t7, ~ o,~ ~ ~n /PT .ys y4f Sl Z/ _..r f ~ - = s ~ ~ u, _ , ~~~~~Y> ~