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Home My WebLink About0543 Z6 Stuart, Florida. November 2 ~9 78 Note ~ (See pay~aent schedule be~OMl.~ after datc the undusigned (and i( more tt?an oue, each o[ them ~~~~nil~• aucl .r~rrally), hercina(ter called Maker, prumises to pay to the order o[ FIRST NATIONAL BANK AND TRUST C0~IPANY OF STUART , ~i, ,?~t~«~ ti~u.u~. ~lori~ta. _----TWENTY-SIX THOUSANO AND NO/100--------------------------•-Uollars ,.I:i~l~ .~mount includt~s Pnxcc~ls of $ 25.158.~ Plus othei tharges __~See disC~OSUI~'~.~ 26 OGO 00 (n`~`rit,~')-- ~~t ~ resulting in an A~fOUNT FINANCED o[ S • • ) with interest at an ANNUAL PERCENTAGE RATE o[ ~;-o paya~le ~nth~y which rrsulu in a FINANCE CHARGE of S 15,1~1.20(Computed on a 6 month mawrity, iE ~ l~ m~ud ~~?bligation)_ If not includcd atx»~e, other charges in the amount ot s have been (Describe) ~~~Ilrcted from rlaker. As security tor ~he payTnent o[ this note \faker has pledged or deposited with Bank che tollowing property: 1979 Amerlcan Traveler 38' lbbile Nome ID~ AT 899-79 with =creen r~oom. _ Repayment 1n 120 equal monthly instalments~ including prlncipal and lnterest. in the amount of s340.01, beglnning December 2, 1978, a~d contlnuing on the second day of each and every month thereafter until the second day of November. 1988. r,,r~•lr~diny aU caak, afo~k and o1h~r devidtndt ond aJl riyhtt to eu6a~ri6e Jor tccaritiei ineid~~t ro, de~la~ed, or pranted ix eo~neeliox witb h prope~rty), u~hick prop~rty, toyrther a>ifh all additiona and •ub+~itution+ ke~~ajter pledyed or depoiited witA Bank u tall~d tAe Col- !~,r~ ral. Tha Coflnt~raf ia alao p!e•dy~d aa se~urify Jo~ ull othtr liabi(iti~i (printary, rtcoxdary, dirett, tontinprnt. aole, joint or teseral), ~i,~~ or b 1~f'f0)qf di~e or u•hi~h ?nay f,~ hereajt~r contracttd or atqui~ed. oJ taeh btaker (ineludiny tat6 !Ilaktr and any otAtr persox) /t„?tk. The aurrende? oj thir nu~e, u~w» ~x~yme`~t oCtA ~i~t, ahall not aJ/tet tkt ripht of Bank to ~etain the Collaf~ral for ~uth , ,•h• r liabf/ifird_ P y Additioai to. reduction~ or ucbaaq~~ d, or suD~titutloos lor th~ CoUal~laL paym~ab oo aocouat d 1hL loaa or lncr~a~s ol th~ sam~, or oth~r i:;ans mads partiaUY or ~vhollp upon ths Collateral. map trom tim~ to tim~ b~ mad~ ~rlthout alf~ctioq th~ pro~isioas of thL aot~. Baak sDall ~:~rdN rwon- a'r,:e care in the custody and prsssnatioa o! lho Collatual to th~ ~rt~nt r~quirsd bT applieatioa ~tatut~, and ahall b~ d«m~d W ha~~ ~=~refwd r~aweabl~ cace if it tak~s such action for that purpw~ as Mak~r ~hall rsawnablY rpu~st io writinq, but no omissiao b do aap act nM r~qu~std bt Nabr ahall b~ cieemed a tailure w s:~rciss »awnabl~ cus, and no omi~sion b oomplr wUh any r~qus~t of Nak~r ~hall ot ttseU bs d~smd a faflur~ to ~rrcis~ rwson- at~le care. Bank ihall not bs bound b ul~e any d~p~ nscessarr to prN~nr~ any tiqht~ in Ihs ColLl~ral aqainst prior partiq and B[ak~r a6a11 ta1c~ all a~r essary steps tor weD purpo~M. Baak or its nomiaN n~sd aot eoll~et intsr~sl on or priadpal at an~ Collatsral or qi~~ anT notfa wUh rMp~ct to it_ IE ths Collat~ral shall at ant tim~ b~eom~ unsatislaewry b Bank. Maka ahall withia on~ da~ aft~r d~mand pldq~ and d~posit witL Dank as put ot the Collatsral additional pcop~rtr whieh L utislaetory to Sank. It Bank dNms iwli insecur~. ar upon 1h~ happsninq ol aai o1 tL~ bllowinq e~~nb. wch ot which ahall oonstitut~ a d~tault ~r~undsr, all 1~abJitiea ot ucl~ Naksc b Bank ahall Ihu~upoo or ther~altsr, a1 tD~ option o! Banlc, wiU?out aotic+ or d~mand, b~eom~ dw and paYablr. (a) failu» ct any Obliqor (whkb t~rm shall msan and indud~. sach Maker. ~ndonsr, suretp and qwrantor ot thia oote) to psrlorm aay aqrkm~nl h~r~und~r, b pay intersst hsreos witsin t~n daps ahsr it is billsd or oth~nvis~ requ~stsd or d~mand~d. or w pa7 any olher liabilitr whatw~~~s b Bank wh~n du~; (b) ~he dsath ot aap Obligor: (e) tLe tilinq ot anT pstition undsr th~ Bankruptelr AeC or any similar }sd~ral or qab statut~. br or ~qaiiost aay Obllqor: td) an applicatioa for th~ appointm~nt ot a t~ni~~r for. ths makinq ot a gcnecal aasiqnm~nt foc ths b~asSt of cr~dUors by, or tL~ iosoh~nc~r of anr Obliqor: ci:e entry ot a judqm~nt aqainst aar Obliqor: (A ths issuiuq ol any ~uachmsnt or gunishm~n6 or tb~ fi1L~q ot an~ li~n. againsl an7 prop~Ap d an) Obliqor: l9) 1h~ ukinq ot posses~inn d any iubstantial part ot th~ ~rop~rtr o! any Obligor at th~ inaunc~ d aa~ yov~mm~atal autho~itr: lhl W~ dis- aolution, merq~r, oonsolidatbn, or rwrgsnisation d any Obl~qor: (J 1hs assiqnm~nt by any Mak~r ol aap ~quity in aay ot Ih~ Collat~pl wil6ou! lh~ wtiri~a consent ot Bank. • - Bank ~hall ha~~. but ~haU not b~ llmit~d to. th~ IoUowing rig6b. ~ach ot whic~ may bs ~:~rciwd at anT tim~ whNb~r or not thls aot~ i~ dur. ~ to plsdq~ or tranat~r thL not~ and ths CoUatsral and Baak sh~U ther~upon b~ rslier~d o! all dutiu and ruponsibilitla h~»und~r and »li~~sd trom ~ any and all liabilitT with r~sp~ct b any CoUabral so pledq~d or transt~nsd. and any plsdqe~ or vuul~rN shall br all purpo~~s stand in th~ pia~ d ~ Baak h~r~und~r and Da~~ all tL~ riqhb ot Bank hersuna~r, (ul to vanater th~ abole or anr part ol th~ Collat~ral inb tb~ oam~ 01 lwtl or ib aom[oN: (ui~ to ~ob th~ Collateral; (i~) b notilp the obliqon on anp CoUateral to mak~ paymsnt 1o Bank ot anp amounb dw or to b~com~ du~ th~rwn: b demand, su~ lac. ooU~ct. or mak~ aay compromise or'~~tU~m~nt it de~ms dssirabl~ with r~t~r~ne~ lo th~ Cailaural; and W tat~ cootrol ot any proos~ds ot CollabraL Baak b b~r~bT qi~~a a lisn upon and a s~curit7 int~r~st in aU prop~rtT d~ach Obllgor aow oc at mr tlm~ 6~nah~r ia th~ poss~saion ot Hank ~ in any aparitlr wlubw~rr. iacludiaq but aot limit~d b aaT balanc~ or ahu~ o! any d~poslt. trus~ or ~gwcZr account, as wcurity !or t6~ papm~nt o! ~ thu not~. aad a similu lien upon aad sec~uitp interat in all suc6 prop~rtT o! each Mak~r as sacvriqr !oc tD~ papm~nt ot all otD~r liabiliti~s ot ~ach liaHt ( ro Bant linduding liabiliti~s ot ~ach Maker and any oth~r p~rwn): and Dank shall ha~~ 1h~ ua~~ rlqhb u to such ptop~~ a~ tt hu with r~sp~.1o ~ Collat~tal. 1! Baak d~sms iwll ins~cvr~ or upon th~ xcun~nu of anr d~fauk h~r~und~r Dank ahall ha~~ th~ rsm~dle~ of a tMU~d part7 und~r th~ Unf- 'orm Co~m~rcial Cod~ and. wlthout ltmitioq Ih~ q~aeralify d lh~ loz~qoinq. Baak shall ha~~ th~ riqht. imm~diat~l~ and without huth~r actjoo . by it. w set oH aqaiast thls aots all moa~r ow~d bT Bank in any upacitp to ~ach or aay ObUgor, wh~th~r or not dw. and aLo b wt o3f aqaLut sU oth~r liabiliuy ot we6 ~Iak~r W Bank all moa~y ow~d by Bank in anY upadtT w~aeh or an~ Malur, aad Daak shall b~ dMm~d b ha~~ u~reL~d ~uch ~ right of MtoH aad b ha~~ mad~ s charqs aqain~l anT sucL mo~nr imm~d'uNl~ upoa th~ octur»aa d sucb d~tault ~~~n thouqb sucb chuq~ b mad~ or sat~r~d ou th~ books d Dank sub~squ~nt tL~»Io. Unl~ss tL~ Collat~ral is p~riahabl~ or Uu~at~os b d~clin~ spNdU! fa ~alw or is d a t~p~ cus- ~ ~omarilr ~old on a r~ooqnis~d muk~t Bank will qi~e B1ak~r rwionabN notja ot th~ om~ and plac~ d anr publ(c ~al~ th~r~o! or ot the tim~ after which anp prhat~ ~al~ or aaT oth~r inland~d dirpwition thenat is b M mad~. Th~ rpuir~m~nt ot rwoaabl~ aotic~ shaU b~ m~t if such notics ii mailsd, ~ poataq~ pr~pald. to anl 1[ak~r at th~ addr~q qi~~a b~bw os st wp otL~r sddrw shown oa tL~ c~oordr ol W~ Dank. al l~ast fi~~ day~ bdw~ t6e tim~ ot ths sal~ a dhpwitien. Upoa dLpotitioa ot anp CoUat~ral dt~r th~ occurnne~ ol aap d~iault h~nunder. Mak+r ah+~ll bs and »mafn liable tor anp de}ici~acZr: aad Daak ~ha11 account to Maker for anl ~urplu~. but Bank ~hall haw Ih~ tiqht to applJ all or any put ol such turplus (or to LoM ths sam~ as a r~wr~~ aqaiast) an7 aad all otL~r liabilitl~s o! wch o~ aaT ldak~r b Baak. No d~la~ or omLsbn oo th~ part o[ Bank ia ~ardsiaq aap riqLt hasuad~r shall op~rat~ a~ a wdnr d such riqht or ot anp other riqDt under cnu not~. Pr~atm~a4 d~mand, piw~st, ~Ka ol dishonor. and ~st~n~ioa o( Hm~ without notio~ u~ hmbp wai~sd by ~ach and every Obllqor. Th~ ~ 051iqors. ~oinUl aad ~~nllr, promis~ aod aqrN b par all cosu of coll~ction and atlorn~pi l~ss pwl b l0°Jc ot th~ prindpal sum or ~uch lugfr ~ amounb u maT b~ r~asoeabl~ and jun incvn~d or paid bT Hank in ~atoreinq 1hL eob upon th~ oecurr~aa d anv d~taul~ Anp notin to Maksr ~hall ~ be ~u!lki~nU7 Nr~~d br all purpo~e~ it plaad in th~ mall, pwugs pr~par~d. addr~sNd 10 or l~h upoa-th~ ptemisu at. tLs addr~u abo~?n b~bw or any ~ o:her addru~ shown on Bank"~ r~oords. Mabz aelmowLdqM :~tpt at a aompl~ld oopT oI thfs Not~ on thi abo~~ dat~. - ,~DD~s: 1330 N. E. Coamerclal Street SUNCOAST TRAILER SALES AND SUPPLIES, I . ~ ' Jensan 6each, FL 33457 - By: S . ~ nue. e e v ~ . ~ ~ a gOC ~ J~ F,',~: J`!~ ~ :5 ~ ~ _ _ _ - ~ ~ _ ' . ~ ~ . - ~ < . ~