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DISCLOSU E NOTE FOR INSTALLMENT LOANS !>t1i
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_ Jr~~ ]rRb ~b (A1 Amount~Recewed s 2~a=~•~
BANK NAME 181 Premium for Credit ~a
Lilo/pisability Ins. S
193! O~artLl it., J~N~ ~aaeb. t10ar1~a 3357 Ie? Documentary Stamps S 5•
OFFICE ADDRESS (DI Other Charges Irtemrzel _ '0"
IE? S ~0..
uOTE NO. f2ATE0: 6 , 19~. IFI S
IG) Amount Financed
uuE: _ ~1 ~ , lg~. IA, B, C, O, E, FI S Z3 A35.85
IHI Interest S e •
PACE: Jal~~~ I~b ,FLORIDA 111 Gedit Investigation S ~0"
UI Other S
For value received, the undersigned Ihereinatter called "Maker") jointly and severally lit (K) S
more than one) promise to pay to the order of the Bank, at its office listed above, the Total Y'~
of Payments (from INI at right) of =3ie2~1.S6 Dollars payable in ILI S -0"
ayual monthly instanments of S ~3s• ~ ,the first IMI FINANCE CHARGE 12 40S•71
==ss Ill, 1, J, K, LI S
:nstatlment due on ~ , 19i~, and wbsequent installments due on INI Total of Payments IG + M) S 3~
ene~day of each month thereafter, together with a FINAL BALLOON PAYMENT OF: ANNUAL PERCENTAGE RATE • yL
5 -O" OUE , 19
The Bank shall impose s delinquency charge against the Maker on any payment which has become due ar?d remains in default for a period in excess of 1U
clays in an amount equal to Ali of the amount of the principal part of the payment in default. In the event that the Note is not paid in full at maturity, alt pay-
ments, whether principal, interest or otherwise, shall bear interest st the maximum legal rate allowed under the Isw. All payments made hereunder shall be
credited first to interest and then to principal, however, in the event of default, the Bank may, in its sole discretion, apply any payment to interest, principal
;ind!or lawfulcharges then accrued. It is the intention of the parties hereto that the provisions herein shall not provide directly or indirectly for the payment
of a greater rate of interest or the retention of any other charge than is allowed by law. If, for any reason, interest in excess of such legal rate or a charge pia
n~n~ted by law shall 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 Rute of 78's method, except that the Bank shall be entitled to retain
mcnimum interest charge of S5.I10.
CREDIT LIFE AND CREDIT LIFE f?t f)ISABILITY INSURANCE ARE VOLUNTARY AND NOT REQUIRED FOR CREDIT. Such inwrance rnverage is
available at the cost desgnatad below for the term of the credit: lal S for Gedit Life Inwrance lbl S _~Q~
for Credit Life A Disability Insurance:
Check ? Gedit Life Insurance is desired on the life of Birthdate
ApPI. ? Gedit Life ff Disability Inwrance is desired on Birthdate
Bax ®Gedit Life and/or Disability Insurance is desir '
Date:. `s 1~! Signature= ~ Signatures / l ~
AFTER ACQUIREDPROPERTYNfILLBESUBJECTTOTHESECURITYINTERE~IANDOTN FUTURE INDEBTEDNESSISSECUREDBYANYSUCH?ROPERTY,ASfOII
Maker hereby grants to Bank a security interest in the property, if any, 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 liabilit of Maker to Bank, whether primary, secondary, direct or contingent, present
o~ future. The aforesaid security interest excludes the Makers primary residence unless said primary residence is described below.
Lot 111x2. saetil~a TIa a0'lIIOOt >R1~OIR'!S 01< ~ICa ~ ZsI.~1D,
av daaelti>rai it! pia rztip~~•; 1175 Lrat~ Liza 9S' ?art llodsl del
Trailer, aortal i 3'113s'91ficb 10' Sip ac ufl 10'z22' ses«. >RiNa
vitb T~jl iiiaiawra.
14 the Bank requires the Maker to obtain insurance coverage against loss or damage to the collateral securing the Makers indebtedness to the Bank,-the Maker
,c,.w obtain such coverage from any agent, broker or insuror acceptable to the Bank.
it is jointly and severally covenanted and agreed with the Bank by each Maker, endorser, surety, guarantor, and other party to this note (all of whom are
^z~e~nafter for brevity called Obligor or Obligors) that:
Bank shall exercise reasonable care in the custody and preservation of the Collateral and shall be deemed to have exercised reasonable care if it takes such
r,et~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
e=.ercise reasonable care. Wi[hout limiting the generality of the foregoing, the Bank shall have no responsibility for ascertaining any maturities, calls, conver-
t spun, exchanges, offers, tenders or similar mattdrs relating to any of the Collateral, nor for informing the undersigned with respect to any thereof- Bank shall not
bound to take any steps necessary to preserve any rights in the Collateral against prior parties, and Maker shall take all necessary steps for such purposes- Bank
cis 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
I
~ ~c~'con to transfer at any time to itself or to its nominee any Collateral and to receive the income thereon and hold same as security heretor, o? apply it on the
n~ ~ncipal or interest due hereon or due on any liability secured hereby.
Upon the happening of any of the following events, each of which shall constitute a default hereunder, or it the Bank deems itself insecure, the entire unpaid
-a~.~nce of this note and all other liabilities of each Maker to Bank shall thereupon or thereafter, at the option of Bank, without notice or demand, become imme-
E :~:{tely due and payable: lal failure of any Obligor to perform any agreement hereunder or to pay in full, when due, any liability vrhatscever to Bank or any in-
~ s:.,lment thereof or interest thereon; (bl the dea[h of any Obligor; lcl the filing of any petition under the Bankruptcy Act, o? any similar federal or state statute,
c t~; or against any Obligor; (dl an application for the appointment of a receiver for, the making of a general assignment for the benefit of creditors by, or the
~;oivency of any Obligor, (el the entry of a judgment against any Obligor, (fl the issuing of any attachments or garnishment, or the filing of any lien, against
,~,y property of any Obligor; (g) the taking of possession of any substantial part of the property of any Obligor at the instance of any governmental authority;
999 `~t the dissolution, merger, consolidation, or reorganization of any Obligor, (i) the determination by Bank that a material adverse change has occurred in the
finaancial condition of any Obligor from the conditions set forth in the most recent financial statement of such Obligor heretofore furnished to Bank, or from
^e 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~yor (whether contained in this note or not) pertaining to or in connection with this note or the loan evidenced by this note is not true; (11 the assignment by
~ ^y Maker of any equity in any of the Collateral without the written consent of Bank; Ik) failure to do all things necessary to preserve and maintain the value
I collectibility of the Collateral, including, but not limned to, the payment of taxes and premiums on policies of insurance on the due bate without benefit of
mace period.
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-
n,ahle nonce of the time 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
c;•~ met if such notice rs 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
s 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
^ef,uency; and Bank shall account to Maker for any surplus, but Bank shall have the right to apply all or any part of Such surplus (or to hold the same as a
a :~scrve? against any and all other habdities of each or any Maker to Bank-
s
t Bank shall have, but shall not be limited to, the following rights, each of which may be exercised at any time whether or not this note is due: Ia1 to pledge
transfer this note and the Collateral, whereupon Bank shall be relieved of all duties and responsibilities hereunder and relieved from any and all liability with
respect to any Collateral So pledged or vansferred, and any pledgee or transferee shall (or all purposes stand in the place of Bank hereunder and have all the
;r,ts to Bank hereunder; Ibl to transfer the whole or any part of the Collateral into the name of itself or its nominee; Ic1 to notify the Obligors on any Collat-
e~ a~ to make payment to Bank of any amounts due or to become due thereon; (d) to demand, we for, collect, or make any compromise or settlement it deems
saes+rable with reference to the Collateral; and lel to take possession or control of any proceeds of Collateral. i
No delay or omission on the part of Bank m exercising any right hereunder sha!1 operate as a waiver of such right or of any other right under this note. No /
.:-ewer or alteration shall be binding Ort Bank unless in a writing s nod by an authorized Bank officer, and then onl to the extent
i9 y 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 any
:r~.,~er or endorser liable on [his note shall not be deemed a payment or discharge of this obligation and the liability created hereunder shall continue until this
` .,,i~e .s paid in (till. The Obligors, jointly and severally, promise and agree to-pay aU costs of collection, including attorneys fees equal to 10'lfi of the amount
~ ±nced, or such larger amounts as may be reasonable and just if collected by legal proceedings or thro an attgrney at law, including appellate proceedings.
a The urxlersigned aGcnowl ere ipt ~ f a completed copy of this note on this date.
%,-:-tress 7151 siltnsra Dl~d., Mirauar• !l. 33023 : c(/y ~a
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~ Et5 75? Rev. 1 / 79
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