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Home My WebLink About1261 . , ~I ~ I _ DISCLOSURE NOTE FOR INSTALLMENT ~Oa~ iii ' ~tr~s ~Yt iAI Arrrautt Received S ~a~0•~ ~ BANK NAME 181 Premium for Credit ~•M ` _ ~ Life/Disability Ins. S W 1!3! Qei~lslal =t•~ .her DMKba t10i1~ lCl OocuArr?tsry Stsntp: S ~6•~ - OFFICE./100RE55 IDl Othe?Charyeslitemizel i lEl S NOTE NO. DATED: : , 19~ (F) S (GI Amount Financed ` DuE: ` , 19 „ IA, B, C, O, E, FI S • i IHl Interest S 0 ? PLACE: ~a•~~a ,FLORIDA hl Credit Inveaugation S ~a Ul OtMr S - For valve received, the undersgned (hereinafter called "Maker") jointly and severally (ii (KI S mod"' i more than one) promise to pay to the order of the Bank, at its office listed above, the Total 01 Payments Ifrorrl lNl at right) of ~~~O~seZ~ Dollars payable in 1=0 ILI S actual monthly installments Of S ~~a~ ,the lira (MI FINANCE CHARGE installment dw on ~ , 19~, and wbsequent installments dw on IH, 1, J, K, LI S 1~e14~„~0 INI Total of Payments IG + MI S L~yQ7R•~_ + tne~_dsy o! each month thereafter, together with a FINAL BALLOON PAYMENT OF: ANNUAL PERCENTAGE RATE 1Q ~ % • S DUE _ ~ , 19 The Bank shall impose s delingwncy charge against the Maker on any payment which has become dw and remains in default for a period in sxt~ss of 1e days in an amount equal to 5% of the amount of the principal part of the payment in default. In the event that tM Note is not paid in full at maturity, all pay- menu, whether principal, interest or otherwise, shall bear interest at the maximum legal rate allowed urxier the law. All payments made hereunder shall be credited firs to interea and then to principal, however, in the event of default, the Bank may, in its sole discretion, apply any payment to interest, principal andor lawfulcharges than accrued. It is the intention of the parties hereto that the provisions herein shall not provide directly a indirectly for the payment of a greater rate of interest or the retention of any other charge then is allowed by law. If, for any reason, interest in excess of such legal rate or a charge pro• n~b~ted by law sftell at any time be paid, any such excess shall either constitute and be treated as a payment on the principal or be refunded directly to the • Maker. The Maker may prepay the entire unpaid balance of the loan at any time. If the loan is prepaid in full, accelerated or refinanced, the Maker shall receive refund of the unearned portion of the interest and insurance premiums computed by the Ruk of 78's method, sxtxpt that the Bank shall be entitled to rebiA - minimum interest charge of SS,~, CREDIT LiFE AND CREDIT LIFE & DISABILITY INSURANCE ARE VOLUNTARY AND NOT REQUIRED FOR CREDIT. Such inwrance coverage B available at the cat designated below for the term of the credit: Ia1 Z for Credit Life Inwrance lb) S for Credit Life ~ Disability Inwrarree: ~ ~~eQeO•QQ aal~ ~ taz • ~ ~M'~r/~ 'rte Check ~ Credit Life Inwrarnce is desired on the life of ffi~! Q. Mttt~ Birthdate App1. ? Credit Life fk Disability Insurance is desired on Birthdate Box ?Credit Life end/or Disability Irtwrance is not red. ~~~1 ~ ~ ~j /1 ~ Date: Zs 1~~ Signature ! ~ :~Pi/.f~~.ii Signaturd~/'711-k%r+`a/ r~/' .4i[~t/f/ AFTER ACQWREB?ROPERTYYYILtBESUdIECTTOTHESECURITYINTERESTANDOTHERORFUTUREINDEITEONESSISSECUREDBYANYSUCHPROPERTY,ASFOLLOINS: , Maker hereby grants to Bank a security interest in the property, if arry, described in the space below and in all other property of Maker now or hereafter in Bank's possession, and such security interest shall also secure all other liabilities of Maker to Bank, whether primary, secondary, direct or contingent, present _ or future. The aforesaid security interest excludes the Makers primary residence unless said primary residence is described below. 1r~s 3lle fafstllsa II, 0o?D091 0~ ~lIC~ 1~'1'lLii IsL~e ass daatrsi~fl is ~ said srrt~,ass= 1973 C'h~f~iea Syta~al iyrafls~c 3Z`e Mortal ~SS91Z~6 ' ~I If the Bank requires the Maker to obtain insurance coverage against Ion or dartwge to the collateral securing the Makers indebtedness to the Bank, the Maker m:;v obtain such Coverage from any agent, broker or inwror acceptable to ttte Bank. ~ ~ ~ • It is jointly and severally covenanted and agreed with the Bank by each Maker, endorser, surety, guarantor, ar?d other party to this note (all of whom are - hereinafter for brevity called Obligor or Obligors) that: ~ ~ ~ - I! Bank shall exercise reasonable rare in the custody and preservation of the Collateral and shall be deemed to have exercised reasonable care if it takes such ~ct~on for that purpose as Maker shall reasonably request in writing, but no omission to comply with any request of Maker shall of itself be deemed a failure to exercise reasonable care. Without limiting the generality of the foregoing, the Bank shall have no responsibility for ascertaining any maturities, calls, conver- s~on, exchanges, offers, tende.s or similar mattdrs relating to any of the Collateral, nor for informing the undersigned with respect to any thereof. Bank shall not i>e bour?d to take any steps necessary to preserve any rights igthe Collateral against prioi t3arties, and Maker shall take all necessary steps for such purposes. Bank or its nominee need not collect interest on or principal of any Collateral or give any notice with respect to it- Right is hereby expressly granted to the Bank at its canon to transfer at any time to itself or to its nominee any Collateral and to receive the income thereon and hold same as security herefor, or apply it an the p• incipal or interest dw hereon or due on any liability secured hereby. Upon.the happenir+g of any of the following events, each of which shall constitute a default hereunder, or if the Bank deems itself insecure, the entire unpaid [ t>;lanceof this note and a:l other liabilities of each Maker to Bank shall thereupon o? thereafter, at the option of Bank, without notice or demand, become imme- ~!~ately due and payable= lal failure of any Obligor to perform any agreement hereunder or to pay in full, when due, any liability whatsoever to Sank or any in- scaiment thereof or interest thereon; (bl the death of any Obligor; (c) the filing of any petition under the Bankruptcy Act, or any similar federal or state statute, ;,y or against any Obligor; Id? an application for the appointment of a receiver for, the making of a general assignment for the benefit of creditors by, or the } nsolvency of any Obligor; Ie1 the entry of a judgment against any Obligor; Ifl the issuing of any attachments or garnishment, or the filing of any lien, against ~:ny property of any Obligor; igl the taking of possession of any substantial part of the property of any Obligor at the instance of any governmental authority; i phi the dissolution, merger, consolidation, or reorganization of any Obligor; (i? the determination by Bank that a material adverse change has occurred in the financial condition of any Obligor from the conditions set forth in the most recent financial statement of wch Obligor heretofore furnished to Bank, or from I ~nP condition of such Obligor as heretofore most recently disclosed to Bank in any manner; or that any warranty, representation, certificate, or statement of any i Gt;ligor (whether contained in this note o. not) pertaining to or in connection with this note or the loan evidenced by this note is not true; Ijl the anignment by ~ ny Maker of any equity in any of the Collateral without the written consent of Bank; Ik1 failure to do all things necessary to preserve and maintain the value ;;nd collectibility of the Collateral, including, but not limited to, the payment of taxes and premiums on policies of insurance on the due date without benefit of the grace period. -t s Unless the Collateral is perishable or threatens ~to decline speedily in value or is of a type customarily sold on a recognized market, Bank will give Maker rea- r s ;sable notice of the lime and place of any public sale thereof or of the time after which a private sale will be held. The requirement of reasonable notice shall ~ r:a met if such notice is mailed, postage prepaid, to any Maker at the address given below or at any other address shown on the records of the Bank, at least ten 5 ~!.,ys before the time of the sale. Upon disposition of any Collateral after the occurrence of any default hereunder, Obligors shall be and remain liable for any g rfef~cienCy; and Bank shall account to Maker for any wrplus, but Bank shall have the right' to apply all or any part of such surplus (or to hold the same as a ( reserve) against any and all other liabilities of each or any Maker to Bank. Bank shall have, but shall not be limited to, the following rights, each o1 which may be exercised at any time whether or not this note is due: lal to pledge transfer this rate and the Collateral, whereupon Bank shalt be relieved of all duties and responsibilities hereunder and relieved from any and all liability with aspect to any Collateral so pledged or trensterred, and any pledgee or transferee shall for all purposes stand in the place of Bank hereunder and have alt the -:.7hts to Bank hereunder; Ib1 to transfer the whole o? any part of the Collateral into the name of itself or its nominee; (c? to notify the Obligors on any Collat- eras to make payment to Bank of any amounts due or to become due thereon; Id) to demand, we (or, collect, or make any compromise or settlement it deems ;!esirable with reference to the Collateral; and (el to take possession or control of any proceeds of Collateral- No delay or omission on the part of Bank in exercising any right hereunder shall operate as a waiver of wch right or of any other right under this note. No :va~ver or alteration shall be binding on Bank unless in a writing signed by an authorized Bank officer, and then only to the extent specifically set forth therein. Presentment, demand, protest and notice of dishonor, are hereby waived by each and every Obligor. The taking of a renewal note without the signature of arty rnaKer or endorser liable on this note shall not be deemed a payment or discharge of this obligation and the liability created hereunder shall continue until this note is paid in full. The Obligors, jointly arwi severally, promise and agree to pay all costs of collection, including attorneys fees equal to 10X of the amount nanced, or such larger amounts as may be reasonable and just if collected by legal proceedings or through an attorney at law, including appellate proceedings. The undersigned ac owledge receipt of a completed copy of this note on this date. ? ~ +(1dreSS S ulses fleas, ieavtat. osart.. _ ~ - ~ (SEAL) Canada Lis22~ .,~idress = ~ / • *J ~ '~'''~+t/~~ (BEAU i ~ • 3~R~ ~V6 r,1~i 1260 s _ - 'ii