The URL can be used to link to this page

Home My WebLink About0103 ~ r, OISCLOSURE NOTE FOR INSTALLMENT LOANS 3i1i 1~~~ swLA ~ IA1 Amount Rece~ved s . BANK NAME (8) Premium ~or Cred~t ~~t~/o~ssb+~~ir i~s. s 9i6.S3 19~9 C~celal St. ~.Tiliw ~Mt1~• ZZOi~t ~s7 lCl Documentary Sun~s = 1'1~0@ OfFICE AUORESS 101 O~her Cl+arg~s litem~ze) t lEl S tiOTE NO. DA~EU: ~ . 197~ . IF? s ~O~ ' ' (G) Amount Finsnted ~I'~~ 1~ , 19~.- IA, 8. C. O, E. FI S~~~~-~ [)UE' (N) Interest S L~~i~a7 P~ ACEc `l~a~ ~ti , F~ORIDA Credit Investiganon , S ~A" UI Other S - ~Q"' For value ~ece~ved, the unders~gned (here~nafter called "Maker") IomUy and uverally (if (K) S ~nu~e thao one) p~omise to pay to Me orde~ ol the Bank, at ~ts otfice ~~s~ed above, the Total ^ ,.:i Payme~ts{t?om (N) at r~ght) of~~*~0•`0 OoUarspayable~n u~ (l) s r.t~al monthly inttallme~ts of S iQS.il , ihe t~rsi ~M? FINANCE CHARGE 4~~i•~ ~N. K, u s ~~s~aum~n~ due on ,aril j5 , t9_~, and subsequent mstallments due on -r- (k) Total ot Payments (G + M) S~s~0• ~ne,~~y of each mo~th thereaite~, toget~er wu~ a FINAL BALIOON PAYMENT OF: ANNUAL PERCENTAGE RATE 10~~ % 5 DUE .19 The Bank shsll impose a delinquency charge against Me Maker o~ any payment which hes betome due and remains in detault for a period in eYtess of 10 f,ys in an amount equal to 9~ of the amount of the principal part of the payment in de~autt. In the event that the Note is not paid in full at maturity, all pay- ments, whether pri~cipal, interest or o~herwise, shall bes? interest at the maximum legal .ate allowed under the law. All payments made hereunder shall be c~ed~ced fint to inttrest and the~ to p~ir?cipal, howerer, in !he event oi default, the Bank may, in iK sole discretion, apply a~y payment to interest, principal ;ndr'or lawtulchsrges then accrued. It is the inteetion o~ the parties hereto that the prov~sions hercin shall not provide directly or indireetly for the payment ~ greate~ ~ate oi interest or the retention o1 a~y other charge than is allowed by law. If, for any r~awn, interest in exceu of such legal rate or a charge pra r;t~~ied by law shall at a~y time be paid, any sucA excess shall either cons[itute and be treated as s payment on the principal a be refunded direcNy to the ".1 ~ker. The Meker rtwy prepay the entire unpaid balante of the loan at any time. It the loa~ is p.epaid in tull, aCtelerated or refinanced, the Maker shall reCeive ~ r efund oi the unea~nedpo rtion ot the interest and i~surante premiums computed by the Rute oi 76's method, extept that the Bank shall be entitled to retain „ minimum int~rat of =5.00. ~ CREDIT LIFE AND CREOIT LIFE de DISABILITY INSURANCE ARE VOLUNTARY ANU NOT REQUIRED FOR CREDIT. Suth inwrance eovsrape is available at the coft designated below (or the term of the credit: (a) S ~6. s~ tor C~edit lite Insurance {b) S~a" for Credit lifede Oisability Insuranee: Check [~(',redit Life Insurance is desired o~ the life of ~ D~ ~itt Birthdate 9"1~"~ Appl. ? Credit life & Disability Insurance is desired on Birthdate Box ? Gedit l.ite a~d/o~ Disability InsuranCe isal esired. - Date: ~t!` it~ 1,79 Sig~ature ~ Signature AF7ERACQUIREOPRO~ERTYM11lLBESUBJECTTOTHESECURITY NTERESTANDOTHEROHFUTUREINDEtTEDNESSISSECUREDBYANYSUCHPROPERTY,ASFOLL0IMS: Maker hereby grants to Bank a Seturity interest in the property, if any, described in the space below a~d in all other property of Maker now or hereafter in P.ank's possession, and such s¢curity interest shall a~so secure aU other liab~lrties of Maker to Bank, whether primary, seca?dary, direct or contingent, present ruture_ The atoresaid seturity interest excludes the Make~s primary res~dence uMets said primary residence is described below. Lvt ii ot 8olid~j Oiet at nt. I.weil, aa dMesiwd L wird ~ort~s. If the Bank requires the Maker to obtain msurance cove~age aga~nst loss or damage to the cotlatera~ securfng the Makers mdebtedness to the Bank, the Maker •,y obta~n such coverage from any agent, broker or insuror acceptable to the Bank. 1~ is ~o~ntly and severaily covenanted and agreed w~[h the Bank by each Maker, e~dorser, surety, guarantor, and other party to ch~s note (all of whom a~e ~~•e~nafter for brevity calted Obligo. or Obligors) that: 8ank shall exercise reasonable care in the custody and preservat~on of the Colla[eral and shall be deemed to have exerused reasonable ca~e ~f ~t takes such ~~on for that purpose as Maker shall reasonably request in wnting, but no om~ssron to comply wrth a~y request of Maker shall of itself be deemed a ia~ture to ~•.~~~cise reasonable care. Wrthout tlmiung ~he generalrty of the forego~ng, the Bank shall have no responsibility for ascertaming any maturitees, calls, conver- s n, exchanges, offers, tenders or s+mdar matters relating to any of the Collateral, nor for mforming the undersigned with respect to any thereo(. Bank shall not ~ t~ound to take any steps necessa~y to preserve any rights in the Collatera~ aga~nst prior pa~efes, and Maker shall take all necessary steps ior such purposPs. Ba~k ~ ~~es nominee need not collect interest on or pnncipal oi any Collate~al or give any not~ce v~nh respect to it. R~ght is he~eby expressly granted to the Bank at rts ' c,~ ~on io transfer at any time to itself or to its nominee any Collateral and to receive the income thereon and hold same as secunty herefor, or apply it on the ,.-~nc~pal or interest due hereon or due on any liability secured hereby. ~ Upon the happening of any o~ the follow~ng events, each of which sha~l const~tute a default hereu~der, or if the Bank deems ~tself insecure, the e~tire unpa~d ~ an~eof this note and all other t~ab~liues of each Maker to Bank shall thereupon or thereafter, at the opuon of Bank, without notice or demand, become imme ! ~:,re1y due and payabte: (ai failure of any Obligor to per(orm any agreemen~ hereunder or to pay in full, when due, any 1lability whatscever to Bank or any in- € ~iment thereof or interest thereon; (b) the death of any Obf~gor, (c) the filing of any petition unde~ the Bankruptcy Act, o{ any simila~ ~ederal or state statute, € aga,nst any Obtigor. (d) an apphcauon for the appomtment o( a recerver for, the mak;ng of a general assignment for the benefit of creditors by, or the s >;iverxy of any Obligor, (e) the e~try ot a judgment against any Obligor, (t) the isswng ot any attachments or garnishment, or the f~ling of any lien, aga~nst ~ ~ property ot any Obligor: (g) the tak~ng of possession ot any substant~al part ot the property of any Obli9or at the ~~stance of any governmen!al authority: f che d~ssolution, merger, consolidanon, or reorganization of any Obligor, (i) the determination by Bank that a matenal adverse change has ocw~red in the : ~~.+n~,al condition oi anv Obl~gor from the condit~ons set torth in the most r¢~ent financ~al statement of such Obligor heretofore furnished to Bank, or from e condition oi such Obl~gor as heretafore most recently d~sclosed to Bank in any manne~; or ihat any warran[y, representation, ce~trf~cate, or statement of any i "':-i ~9or (whether contamed m th~s note or not) pertaining to or m connection wrth this note or the loan evidenced by this note is not true: (jl the assignment by ~ ~y Maker of any equity ~n any of the Collateral without the written ~onsent oi Bank; (k! tailu~e to do all things nece<_sary to prese~ve and maintain the value •~ci collectib~6ty of the Coltateral, mcludmg, but not hmrted to, the payment o~ taxes and premwms on pollc~es of ~nsurance on the due date without benefit oi ~ •n~ qratC period. Unless the Collateral ~s penshable or threatens to decl~ne speedd'y in value or ~s of a type customanly sold on a recoynaed market, Bank wil! gwe Maker rea- ~ ~ ~able notice oi the time and place o~ any pubGc sale thereof or of the t~me after which a private sale w~ll be held. The reqwremen? of reasonable nouce shall ? ~ met if such nouce is ma~led, postage prepa~d, to any Maker at the add~ess given betow or at any other address shown on [he records of the Bank, at least cen s ~:;+s before the time of the saie. Upon d~spos~UOn oi any Collatera~ after the occurrence oi any default hereunder, Obligors shail be and remain Itable ~or any :~`~c~ency: and Bank shall xcou~t to Maker for any surplus, but Bank shall have the r~ght [o apply atl or any part of such surplus (or to hold the same as a 6 ~userve) against any and all other :1ab~Gties of each or a~y Maker to Bank. Bank shall have, but shall not be I~m~ted to, the following nghts, each o~ which mdy b2 Cx2rCiSCd 0t any Ume wh2[her Or nOt thiz nOte is due: (a) to pledqE ~ i.a~s(er this note and the Collateral, whereupon Bank shall be ~el~eved of all dut~es and responsibilities hereunder and rel~eved from any and all I~abil~ry w~th ~~•specc to any Collateral so pledged or trans~erred, and any pledgee or transferee sha~~ for a~l purposes stand in the p~ace of Bank he?eunder and have a~~ the ` ;h~s to Ba~k hereunder; (b) to transfer the whole or any part of the Collateral mto the name of itself or its nom~nee; (c) to notify the Obligors o~ any CoUat- ;I to make payment to Bank oi any amounts due or to become due thereo~: (d) to demand, sue (or, collect, or make any comprom~se or settlement ~t deems i ~ies~rable with reference to the Collate~al: and fe) to take possession or ~ontrol of any proceeds oi Collateral. No detay of omission on the part of Bank ~n exerc~sing any r~ght hereunder shall operate as a waiver of such nght or of any otlie..~ght under this note. No ` -•::~~ver or alteration shall be b~nd~ng on Bank unless in a vvriting signed by a~ author~zed Bank officer, and then only to the extent specifically set forih there~n. ' esentment, demand, protest and notice oi dishonor, are hereby waived by each and every Obliqor. The taking of a re~ewal note without the signature of any :ke~ or encio.ser l~able on this note shall not be deemed a payment or d~scha~9e of th;s obtigation and the Hability c~eated hereunder sha~l continue untit th~s ~ce ~s pa~d ~n tull. The ObGgors, jointly and severally, promise and agree to pay all costs of collettion, includ~ng attorneyi fees equal to ~~i of the amou~t •~anced, or such ~arger amounts as may be reasonable a~d ~ust collected by tegal proceedings or through an attomey at law, ~nduding appe~late proceedings. ~ The unders~gned acknowledge receipt of a completed copy oi this note on this date. t ' ~ :;•fyress 27~ ~1i~OM ~~e• ~O{.~Ola ul . _ ` ISEAU = u • L ~ :+ddress = (SEAL) r ~ . ' sn~~ 3U5 ::;~F 103 ~ . , . . . _ - - ~