HomeMy WebLinkAbout0919 INSTALLMENT PROMISSORY NOTE • .
FIRST NATIONAL BANK OF FORT PIE$CE ~A~ A^~+^~ RK«w~ : 2. 500.00
OANK NAUAE (8) P.Nmum (Or G~Wt 7O.9S
~~~.~assarey ins. s
Post Office Box 970 Fort Pierce Florida ~c~ ooa~+~.n s~,~ s • 9
26_ 28_ o~s~c noo es 1u1 o~n« p+a.9a l~c«~~1 s nene
~ = none
NOTE N ~ ~ OATED:.~LQ~~~SL 1 O- 19.Z~... (F) = nane
(G) Anwunt Fin~nc~d -
ouE: • Nove ber 10 ,,e~
L. ~a, e, c, o. E. F~ s 2 74 • 88
~N~ ~~h.«~ s 5 .
~ u~ cnd~: ~iw.ai~.tion t 15_
PLACE: Fp P1er+ce ,FLORIOA
1.l1 OchM s ._.11one
F« tIN Yfld~~siQf~~d IhMNM~tM CNI~d ••MakK'•~;o~~ar.~+e ~.»..~n ~K~ = none
ma~ t1+an a+~) p.omis~ to psy ~o ch~ o~dK o1 tM 8ank, ~t ies oltic~ li~ad sbo+h. M~ Toal none
ot Psyn~ncs ( om lN) at rg~t) of $3 . 154. 6$ OWNrs p~yabN in _
/1" lM) FINANCE CHAROE 579 80
pwl ~ /~~Yq~+a of s g? - s~ f~ lH, I. J. K, ll = ~
insW1 i bn~
~
J,Z@C... 1 O ~ 19~.. ~nd wM~qwnt instsllm~np du~ on (N) TotM of P~ynrnti (G + M) E_s..1 S~ _ 6A
tM_~d~Y ~~~th thu~tftK, co~~. wid+ • Furw~ BA~~oON PwvMENT OF: ANNUAL PERCENTAGE RATE 13.70 x
s~ none pUE none , 19 ~
Th~ Bu+k sA~ll inpor s dNinqwncy cMr~ sptintt tM IW~kN d? a~W Wymint wAith hs~ b~eoiM du~ and nin~iro in d~fwh fOr a pMiod iw fawn d 10
days in ~n smoum pual to 5% o~ cn~ a~nouni ot ct+~ orineq~ a?c ot ~M wv~+~ in a~tw~r. ~n tM wM~ d~ac dN Noa ~ no~ o~id in h~u at arar:efr. ~ ow-
rrrna, wheth~r principal. inta~s~ a oth~rwi~. ~hMl b~w int~rnt at tM maximum Ipsl ~acs allow~d uMa tM laws of tM Su» d Florid~. AN p«w~w w~
hsnundp sl+all D~ u~diud firtt to intN~st ~nd thN~ to printipa~. howtN~. in tM ~v~nt of d~fsult, tM Bsnk rrrY. in itt toN disCntqn. a00~~ a~fl OM~ ~
i~tanst, principal and/or lawful chuq~s thM aot~wd. It it tM i~t~ntlOn o1 th~ putip Mr~to Mat th~ provisiom Mrtin thMl not poirid~ dir~etfy or indn~etlr
for th~ psymN+t of a 9rNt~r rsM of intK~st a tM nantion of sny otAK chuq~ th~n a s~low~d by law. It, for an~r rtKOn. int~nst in a~oe~ d sud~ h~l ra~t or
s dw9t prchipit~d i~y Iaw th~ll ~t ~nY tirtN b~ psid. ~ny wch ~xc~ss shsll NthN constitut~ ~nd b~ trut~d ss ~ psY~tNOt on tM p~inepl or b~ rMoad~d ~rt+dy
to tM MNcK.
1'IN Mskt~ miy prlpay tht ~nur~ u~aid bNsnc~ ol th~ losn it anY time. If tM losn is p~~paid in full, ~ooNasted or rNir?snetd. th~ IWIw tMU r«~ire ~
r~tund of tM unarrnd port~on ot th~ int~rat snd i~wranp pemiums con+put~d by [he Rul~ oi 78's mechad, ucapt ehst tA~ B~nk a1~t1 b~~ntidW ~o rs~
s minimum intaat chu~ oi s6.00. .
CfiEO1T IIFE AND CREDIT LIFE ~ ~ISABIIITY 1NSURANCE AHE VOLUNTARY AND NOT RE~IJIRED FOR CREOIT_SucA ir~xrar~oowrsM+s
svsilabq tt the tOtt dtsiqnat~d btlow fo~ tM t~~m of th~ u~dit: = 70 • 98 to. G~dic uta Inwrsnoe Ibl = none
fa G~die Lit~ a pi~sbility Inwrsnc~_ .
cn.~k ~ c~ed~~ ur. ~mu.anc. aes~..o o~ ~n. o~ L.elia J. Barnes
e~.te+~scs 3/30/29 .
eox O c..a~t ~~f. s a~~~~r ~~,.~~+o. a~~.a o+~
e~.cnasa - _ .
? G~dit lih snd/o. Dissbility low r is n 'nd_ _
• ~ .f j~ .
NovPmber_ 10 _ 19 ~ S~~acu~e
. sqnstur~
At s~tunty fpr tM ptyrtwnt ol th~ Not~ tM Msker hereby yrsnts to tFN 8~nk a security in~erest in the followirg proprtyc
SECOND MORTGAGE ON REAL ESTATE- See over far leval descriotion
~~cludinp all increaa, suDsti~uciora. nplae~m~nts, sdditiom and sct~aiw+s ther~to a++d in tM P~ocNds Manoi (hKtinsf»r.plNd "Co1lst~nl"1_ TU's a~oirit~ •
inNnst shMl slfo a~tur~ a~l othK indebt~dma or lisbility ot th~ MakN to the Bank dihCt W indinCt, ab~olutt or ooetinOtM, du! O? to O~oO~wt dw. now ~o-
~:tinp a twpftM sriprg, indudiny s11 futur~ ~dvanc~s a losns by tM Bank to tM Mslur. -
The Bsnk is slw qivM+ s li~n snd s s~eurity int~rat in sll prepe~ty snd ~cur~ti~s of tM ~Aak~r, ~ndorw. wnty, puarantor or sooon~od~tiow Prq d Mis _
No» ih~ninsitK ntvnd to a tM "Oblgors"l. now in o~ st ~ryl tim~ Mre~hN tomiog into th~ control. aKtodY or Po~psia~ of the 8tnlc, wMWr for 1M a~-
~wd r of wrd bY tM Batk st Colbtaal, w fo~ ~nY otha Owpos~, and uP~ ~M? bN~nn or ba~M+as to tM er~it d sw~/ aooouwui. iadddw! -
o? a~ P~ b~ ,
trust snd sprncY soooums nuinuin~d with tM Bank by amr of tM Oblipon, snd rM Obligon syr~ to dNwv to cM Bank sdditiaai Co1U~ewai or wrks s~A
piym~nn in nduttion of tht prineipal smount oi the losn ss sh~ll b~ sstiafsctory to tM 8ank, in tM rwnt dr atawnncioe»d Collser~l ~sll adie~ iw vwe
or b~eore~ unatisfsetwN to tM 8ank. -
Additions to, nduetiom w~xchsn~s of, a. wbttitutiont /o? tM Collst~nl, piyrtrnts o~ socount ot d~a loan or inerw~s of the tiM~r: or o1lMr IoMn n~ade ^
pa.tqlty or wl~olly upon th~ Co1latKS1, miy frpn tirtr to tinw b~ msd~ witfiout alt~ttiny th~ provisiom oi thi~ Not~. TIM 8anksM+s11 e~ rwonlW~ eare iw
th~ custody ~nd pr~vacioe oi [M CotlatKSl to tM ~xnnt ~puind Dy appliabl~ st~cut~. ~nA shsll b~ d~md to ha~ ~zwe~d nwo~abl~ ar~ if it t~kw srdr
accion fw thsc ou~P~ a Mslw ~hall rp~on~WY n9wst in writinp. but no omission to do ~ntl set not r~W~sad bY Maksr ~hst10~ dwnrd a fain~ to rsrea~ -
nasonabl~ pn. snd no omiaioo to aompty with anY nqwat of Msk~r tlull of italf b~ d~m~d ~ fsilun to ~xucae na~a~abl~ crs. Bsnk ah~M not b~ bawd to
qk~ sny steps n~rary to p~~rv~ snY riyhts in tl~ Collat~ral s~sinst prior parti~s and Maka:hall tstce sll nKanry saps fa ~+d~ purpw~a Th~ dsnk a~ i~a
nomin~e nnd not colNet intaat on, o~ s prineipN of, snY Collat~ral or yivt ~ny notiq with nfp~ct to it. -
Th~ 8ank mty tonti~ to hold iny Co1lstKil dpotit~d Mnundsr after tM paymrnt of thif Not~, if st th~ tan~ d th~ psyn~nt snd diadw~ Mr~of asr d
ttN parti~s IiabN tor tt~t psyrrwn[ i+Nwf thall b~ tMn dir~ctly w co~tirg~ntly IiabN to tM Bsnk a Msker, ~ndorsK, surny. q~wanto? or sooowm~odrtion O~rty
of sMr o[h~. nou, bstt, bi11 ot exch~nq~, or othN instrum~nt, a oth~rwia, and tlw Bank nry th~rafnr enaas~ alt riyhe wid~ ~p~et a said Co~s~ra1
p?snad h~nin ~wn thouph M~s Non shsll hav~ bNn wn~nd co th~ Ms1u.. .
1 f t1N Bsnk d~m~ itaMf ins~cun or upon tM hspp~ni~y ot sny of tM followinp ~wnts, ~sd~ of which sh~ll eonstituu a d~tautt, all lisbiiiws d Md W~k~r ~s
tM Bsnk, includinp tM entin unp~id printip~l of thit Nott M~d acuu~d intuat. Nfspny uMarmd intaMt and any i~t~nst p~ ~xoMt of d~ n~asi~~uiw a~b~wd
by Im s~d sny nbsca ~~Ouir~d by- liw, iha11 imn»di~aly or d?~nsim, st th~ opcion of eh~ Bsnk, ~xapt that ~he ooe~+?rN+o~ oi W ar (m ~Mlt eau~n smow~t-
K~«,t~a+:~u,o~t ~+ot~o. w a~+e. b~00fM d1N M1d O~Yibl~: (i~ t1N fMIYf~ Of ~fly ~li~Of t0 PMfO~T il1Y Ob~1~tiOft, o. as:+~ eo ~ s.~c. ~s owr ,
~nc.nss r+.rea+ wichin 1aa~ are« i~ is aw.-« it ttw~: ~ su aus a,a, atu. ic bi~~.a e. oeh..wa. nau.sae or a.n,«~a.a, o. w o.r aer od+. !~b?E!;
~
saver to tM Bsak wMn dw: (b) th~ d~ath ot any individual Oblgor, cM dioolution d sny pNU~nhip Obtiyor a tM diNOlutioe. n~~M ormwdidRi0wwilA-
out tM Bank's piwr w?itt~n tOns~nt oi sny eorporat~ Oblgor: Ie) tM filinp of ~ p~tition in bN~knptey or th~ sdjudiqtion ot ieMDIMneY o? bM~foru~'~ey ad~r
~ny ?.orpanization. a.ranq~n»nt, n.djuscm~nc M debt, disrolucion, liquid.cioe a similu P~~~Y unda arw F~d~rM or st~e~ st~ute. br a? +l~~ ~M s
Obl;gor: (d) sn sppliation fw tM aDPoiMmrnt of ~ naiv~ fo~, or tht m~kin9 0( a q~e~al a»iynm~nt for tM M~r~it of u~ditors M. ~1/ ObGlo?: W dr sn~r °
oi jud~rrN~t sysirqt any Oblipa: (i) cM awinp of any attschn»nt or p~rnishrtwnt. a th~ filirq ot any lia~, a0si~st sny prap~rtlr of sn~r Obigo?: f~! d~ W~iw~ d ~
vos~as~on of anY wbstantia~ wn of tM WapKH of sny Oblga st tM ir~csne~ of anY Yo~~+mn W sudeo.itlr: (N tM detenninseion b~? d~ Ba~ dnt a wMw+-
s1 adv~rs~ ~hsn~ ha~ ooeun~d in tM firwrcisl oondition ot any Oblgo? from tht tonditiora s~t forth in tM most no~nt tinr~oi~l sbt~nrwt d*u!~ Ob1yo?
hKetolw~ furniah~A to th~ 8snk, w hpn tM conditipn ot tud~ Obliyor a~ MrttOfw~ most rKwitly ditdo~d to 1M Bank. or tMt aq/ wuranef?. n~OrNr~arl~o~.
oMifiqtt a stslN~rnt of snY Oblgw (vrMthN oontaiMd in thia NON O? nOt) pMtsinirq to O~ in Co~n~eti0+~ wilh thK Not~ w tM ~ww ~idw~ord b1l ~s Nol~ ,
eonains sn unmu aat~m~nt of nwarial fkt or omia to sat~ n+~Wri~i f~et n~ap~y ie orda to mslu tlr snt~erw+n nud~ ~we milMdiy: or. li1 UM awi~-
m~nt by sny Malcp of ~ny puity in any ot tM Co11aHn1 witAout tM prior writan cont~nt ot tM B~nlc.
TM Bank shsll hM. but flNll not b~ IitniUd to, tIN tollowirfq riyhtf. ~aeh Of whi~h nw1? br ~i~rCiMd ~t anY tirt~ v~IfnMr or eiot dwa Nou is d~~ p ~s
p~~ a ca~ta thb Noa and tM CollataN and tM eank shs11 th~rwpon b~ rdiw~d ot ~u dutiu and rapon~ibi~icia Mraueda awd ~NiMd i~o~w ~w1r swd ~
iability wiM re~pret to aeY CollatrrN so pbdq~d or vsmtKnd, snd anY OMdON a uaiuf~ s1+M1 fa ap pv~po~M stscid in tM ptso~ d d~ Sw+k Mrwridn aid
Asv~ Nt tM riyhtt of tM Bank h~nu+ida: (iI) to truufK tM MRwI~ at sny part o~ tM CollatKSl into th~ nanr of it~Nf or ip noe~Nrr, to vo~ tl~ Co~r~k
(iv) to notify tM Oblipon M sn1? CotlatKal to mNc~ psym~nt to th~ Bsnk oi any amounp dw or to b~eontt dw tt~~on: (d eo ewn«~e. su~ ia?. odret, o?
mak~ sny wmO~omis~ a~itl~nwnt it dwrn~ daiabw wiM ntK~na co M~ Col~acMal: and (vi) to Wc~ Doss~sion w oonuol d a~M oroanb d Co1lw~raL
. - g~~<~~8 ~'~19 ~
NOTICE: SEE OTHER SIOE FOR IMPORTANT INFORMATION ~
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