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Home My WebLink About1103 DISCLOSURE NOTE FOR INSTALLMENT LOANS - FIRST NAT*^T`reT AST~TY nr 1:'r1RT ATFRC`,E IAI Amount Received s 10, 000.00 BANK NAME Idf tkemium for CrWit 187 JO " ~ lift/Oissbility Ins. _ • Post Office Box 970 Fort Pierce. Florida Icl oowmentary stamw s .15.45 OFFICE ACOaESS IDl Other Cnargn litemi:el i ROne lEl s none NOTE NO. 26-003903 DATED: FebIL1dIY 28. , 19~. IFI = nOR9 IGI Anwunt Financed o~E: February 28 , ~ ,1984 IA, e, c. o, E, F? s 10 , 202.95 IHI Interest s 4 ~ 1 6 _ 85 Fete Piece, FLORIDA 111 Credit Investigation s 25.00 PLACE: (JI s none For vslw reserved, the undersigned (hereinafter piled "Maker) Jointly and severally lit (Kl s nOREI more thin OM? Wo^+ite t0 pay t0 the ceder Of tM Baf1k, at ip olfip listed shore, d?e TotN 14 344 80 0ol,,,a wyaba in 6,0 tLl s _none of Payments (from INI at right) of S . • lM! FINANCE CHARGE eQua1 monthly installments of s 7 3Q - nR , tM tint (H, 1, J, K, L) S 4 . 141.8rJ installment dw on March 28 , 19.•=~., irtd wbsegwnt insullments due on INI Tots1 of Pavr^e^cs IG + M) i 14 ,44.80 t tree ? _dav of each moth tMreafee., togetMr with s FINAL BALLOON PAYMENT OF: ANNUAL PERCENTAGE RATE 14.32 ~ " S none ouE none , fs The Bsnk shall impose s dNinquency d+arge against the Maker on any paynNnt which has become due and remains in default for • period in ekpaa of 10 days in an amount equal to 9% of tM amount of tM principal part of tM psyntent in detwlt. In tM went tlsat tM Note K not paid in full at maturity, all pay- ments, wMtha principal, interest or otherwise, shall bear intact at tM maximum legal rate allorrad under the law. All payments mad. hereunder shall be credited first to interest and then to principal, hovrevN, in tM went of datault, tM Bank may, in its sot. discretion, apply any payment t0 interest, principal and/or IavrfulcMrgn than attrwd. It is cM intention of tM panics Mroto that tM provisions herein shall not provide directly or indirectly for tM payment of a grNta ron of intact w the rotentiort of any other charge than is allowed by law. If, for snY reason. interest in excess of sud? legal rate or a charge pros h~bited bylaw shall at any time be paid, any such axons shall eitMr tontitute and ba trwted as a PaY^+~^t on tM principal or be refunded directly to the hlsker. TM Maker may prepay tM cretin unpaid balanp of tM loan at any tune. If tM loan is prepaid in full, scoNerated or refiturtced, tM Maker shall rapive a refund of tM ungrned 1oC.o~rt_ron of tht interest and insuwnp Premiyms computed by tM Rule of 78's method, txospt that tM Bank shall bs entitled to retain a mininNlm interest Of =J.Y1~ " CREDIT LIFE ANO CREDIT LIFE ll DISABILITY INSURANCE ARE VOLUNTARY ANO NOT REQUIRED FOR CREDIT. Such insursnp covasge is available at the coat dnignate0 below for the tam of tM credit: la1 s 187 - 50 for Credit Lifs Iraursnce lW S none for Credit Lib a Disability Inwrsnce: " Check ®Cndic Life Insursrsce is dnirod on the life of Vernon M. Christianson BeUtdate 6/12/21 Appl. ~ Credit life ere Disability Inwrsnp is dnir on Birthdate Box ? Crodit Lib and/or Disability Inver ~ Date FPhntaty 28. 1979 Signatur AFTERACQUINEO?ROyERTYNIIttIESUBiECTTOTHESECUAITYINTERE3TAND HER ORFYTUREINDEgTEDNESSISSECUREDIYAIIySBCI1~R0i'EItTy,AfFOLL01Mi Makes hereby grants to Bank a security infant in the property, if any, described in tM space below and in all other property of Maker now or hereafter in 9ank's possession, and such security interest shall also secure all otMr liabilities of Maker to Bank, whether primary, secondary, direct o' contingent, present or tuture. TM afassaid security interest excludes tM Makers primary resident. unless said primary residenp is desuibed bllow~ Lot F and the North 33.07 feet of Lot E, Block 2, MARAVILLA WEST SUBDIVISION, as recorded in Plat Book 11, Page 50, Public Records of St. Lucie County, Florida. This is a Second Mortgage on the above described property. If the Bank requires the Maker to obtain inwrsnte coverage against loss or damage to the collateral securing the Makers indebtedness to the 13snk, the Maker rray obtain such coverage from any agent, broker o inwror accapabls to tM Bank. It is jointly and severally covenanted and agreed with tM Bank by each Maker, endaser, surety, guarantor, and other parry to this note (alt of whom errs hereinafter for brevity tailed Obligor or Obligors) that: Bank shall exercise rsasonsbe care in the custody and preservation of the Collateral and shall be deemed to have exercised rsssonabt6 care if it takes such action for "that purpose as Maker shall reasonably request in writing, but no omission to comply with any request of Make? shall of itself be deemed s lailuro to exercise reasonable tire. Without limiting tM generality of the foregoing, the Bank shall have no responsibility for ssprtainirg any maturities, calk, convey- ' sion, exchsngn, offers, tenders o' similar matters relating co any of cM Collateral, nor for informing the undersigned with respect to any thereof. Bank shall not be bound to take any steps necessary to Prese?ve any rights in the Collateral against prior pertiss, and Maker shall take ail necessary steps for such purposes. Bank ~ or its nominee need not toltett interest on or principal of any Collstersl or give any nonce with respect to it_ Right is hereby expressly granted to the Bank st its option to transfer at any time to itself or to its nominee any Colbtersl and to repave the income tlteroon and hokf same as security hereto, o. apply it on tM principal or interest dw Aereon or due on any liability secured hereby- ~ Upon tM happarrirg of any of the following events, each of which shall constitute a default hereurtda, o if tM Bank deems iteetf insecure, tM erttirir unpaid ~ balanp of this note and all other liabilities of each Maker to Bank shall thereupon or thereafter, at tM option of Bank, without notip a demand, become imme- d~ately due and payable: la1 iailuro of arty Obligor to perform any straement Mreunder o to pay in full, when due, any liability whatsoever to Bank o any in- f stalrneM thereof Or interest theraon• lbi the death of any Obligor; ltl the filing of any petition under tM BsnkrupteY Act, or any similar federal or state statute, i by or against any Obligor; Id1 an application for tM sppointmenc of s repiver tor, tM making of a generst sssgnment for the benefit of creditors by, or the insolvency of any Obligor: le) tM entry of a judgment against any Obligor; (f) tM iswirg of any atttschrnents or garnishment, or the filing of any Nett, against any property of any Obligor; lg1 tM taking of possession of any substantial part of tM property of arty Obligor at tM instanp of any governmental wthority; Ihl the dissolution, merger, consolidation, or reogsniiation of any Obligor; Ii1 tM detaminstiort by Bank that a material adverse change has oocwred in the I financial condition of any Obligor from tM condition set forth in the most rocent financial ststemertt of such Obligor herotoforo furnished to Bank, or from the condition of wth Obligor ss herotofore most repndy disclosed to Bank in any manner; err that any waronty, ropresentation, certificate, or statement of any Obligw (whether contained in this note or not) pertaining to or in connection with this note or tM loan evidenced by this note is not true; ljl the assignment by any Maker of any equity in any of tM Collateral without Me written consent of Bank- lkl taiture to do sfl things necessary to preserve and maintain tM value and collettibility of the Collateral, including, but not limited to, tM payment of coxes and promiums on policies of inwronp on tM dw date without benefit of the grail period. ~ Unless the Cdlateral is perishable or threitMa to decliM speedily in valve or is of s type ttutomarily soW on s rtcognizad maker, Bank will give Maker yea sonable nOtip of the time and place of any public seN thereof Or of tM time after which s private sale will be held. The requirement of reasonable notip shall be met if such notice is mailed, postage prepaid, to any Maker at tM address given below or at any other address shown on tM records of tM Bank, st least ten days befoe tM time of the sale. Upon disposition of any Collateral after the occurrence of any default hereunder, Obligors shall be and romain liable for my 3 aeficienty• and Bank shall account eo Maker for any wrplus, but Bank shall have tM right to apply all o any part of such wrplus (or to hold tM same ss s reserve) against any and all other liabilitin of each 0/ any Maker to Bsnk. Bank shall Mve, but shall not be limited to, tM following rights, each of vrhid? may be exercised n any time whether o not this note is dw: (al to pledge or transfer this note and tM Collaterol, whereupon Bank shall be relieved of all duties and responsibilities hereunder and rNieved trom any and all Iiibility with = respect to any Collateral so pledged or transferred, and any pledgee or transferee shall for all purposes stand in the plop of Bank hereunder and have all tM rights to Bank hereunder; (bl to tronster the whole or any part of the Collateral into the nameof itself or its nominee; lcl to notify the Oblgon on any Collat- eral to make payment to Bank of any amounts dw or to become dw thereon; ldl to demand, we tor, tdleCt, or make any compromise o settlement it deems desirable with rofercnce to tM Collateral; and (e) to take possession or control of any proceeds of Collataal. No delay or omission on tM part of Bank in exercising any right hereunder shall operate as a waiver of such right a of any other right undo this non. No •rraiver or alteration shall be binding on Bank unlsu in a writing agreed by sn suthwized Bank office, and then only to the extent spetiiicslly set forth therein. Presentment, demand, protest and notip of dishonor, are hereby waived by each and every Obligor. The taking of a renewal non without the signature of any maker a endorser liable on this note shall not bs deemed s paynrenc or discharge of th" obligation and tfte liability crested hereunder shall contimre until this ~ note is paid in full. The Obligors, jointly and severally, promist and agree to pay all cosh of collection, including atto?neyi fees equal to 1l1% of the amount ~ l~nanced, or such larger amounts as may be reasonable and just if collected by legs) p irgs_orthrough an attorney t Isw, including appellate proceedings. Tha and nowledge repipt a aced copy of this note on this dace. Address 2708 South 16th St- , Ft. Pierce . Fla . ~ IsEAu V O M . SOJI • ? ISEALI Address Evel H. Christianson - :i _ _