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Home My WebLink About0122 . r ~ ~ - ~ DISCLOSURE NOTE FOR INSTALLMENT LOANS S~ ~ ~ ~ ~C (A) Amount Rece~ved S id~~~_~Q BANK NAME (8) Premlum lor Cretl~t L~ie/Oisability Ins. S~~~~~--~-~ lC) Documentary Stamps S ~..K C O (D? Olher Charges Irtem~zel S 1 EI S 'vO7E NO. OATEO: ~~j~_ . 19.~. (F) S (G) Amoum Financed uuE . 19~_. IA. B. C. U. E. Fl S 1H=~1S•~5 IHI Interest S a • PLACE: ?~a~a lre1+ , FlORIOA (1) Cred~t Invesugation S-_~..r---- IJl Other S Fo~ value rece~ved, the unders~gned (hereinahe. called "Maker") iomUy and severally (if ~•w~e than one) prom~se to pay to the order of the 6ank, at ~ts ofi~ce listed above, tAe Total (K) S--~------- ,~I Payments (~rom (N) at rigAt) o( Dollars payable ir~_ S~------~-- ~;;~at month~y mstallments of S jt7 AA , the I~rst ~MI FINANCE CHARGE (H, 1, J, K, L) 5~~~_ ~nstallment due on , , 19~~, and wbsequent ~nstallments due o~ (N) Tota1 of Payments (G + M) S cne~tday of each month the~eafter, together w~th a FINA~ BA~~OON PAVMEN7 OF: qNNUAL PERCENTAGE RATE ~+n~_96 S DUE .19 The Bank shall impose a delinyuency charge against the Maker on any payment which Aas become due and remains in detault For a period in exceu oi 1~ ;fays in an amount equal to 9X of the amount of the principal part oi the payment in default. In the event that the Note is not paid in (ull at maturity, all pay- ments, whether prinCipal, interest or otherwise, shall bear inttrest at the rr~aximum legel rate allowctl under the law. All payrt?eMS mede hereunder shall be c~edited first to interest and then to p?incipal, howeve., in the event of default, the Bank may, in its sole discretion, apply any payme~t to interest, principal .;ncf/or Iawfulcharges then accrued. It it the inte~tio~ of the parties hereto that the provisions herein shall not provide directly or indirectly for the payment ;,f a greater rate ot interest or the retention oi any other charge than is allowed by law. If, for any reason, interect in exceu of such legat rate or a charge pro- i~~u~ted by law shall at any time be paid, any wch excess shall either constitute and be treated as a payment on the principal or be refunded directly to the "."aker. The Maker may prepay the entire unpaid balance of the loan at any time. It the loan is prepaid in full, accelerated or refinanced, the Maker shall receive ~~efund ot the unearned portion of the interest and insurance premiums computed by the Rule of 78's metNod, except that the Bank shall be entitled to retain , nunimum interest charge of SS.IIO. CREDIT LIFE AN~ CREDIT LIFE & OISABILITY INSURANCE ARE VOLUNTARY AN~ NOT REQUiREO FOR CREDIT. Such inwrance coverage is ~va~~able at the coat designated below for the term ot the credit: (a) S for Credit Lite Insura~ce (b) S 'or Credit Life & Disability Insurante: • Check ? Gedit Life lnsurance is desired on the li Birthdate 4ppl. ? Gedit Lite & Disability Insura ued on Bi?thdate Box ~ Gedit Life and/or Disability Ins not d ired. Dace: ~..+.i 1 77 1~'M Signature , Signature AFTERACQUIREOPRO~ERTYYYILLBESUBJECTTOTN 1 TERESTAMOOTHERORFUTUREINDEBTEDNESSISSECUREDBYANYSUCHPROPERTY,ASfOILOWS: tilaker hereby grants to Bank a security interest in the property, if any, deuribed in the space below and in all other property of Maker now or hereafter in Ba~~k's possession, and such security interest shall also secure all other liabilities of Maker to Bank, whether primary, secondary, direct or contingent, present f uture. The aforesaid seCUrity interest excludes the Makers primary residente unless said primary residence is described below. Lot f 14, ilotlc N, HDLIDAY OiR A1' ST. LUCIB. as dsserib~d ia said ~rj~r , If [he Bank requires the Maker to obta~n insurance coverage against foss or damage to the collaceral securing the Makers indebtedness to the Bank, the Maker ,v obtam sucA coverage (rom any agent, broker or insuror acceptable ro the Bank. I! 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 _•ema(ter to? brevity talled Obtigor or Obllgorsi that: Bank shall exercise reasonable ca~e in the custody and preservation o( the Collateral and shall be deemed to have exerciseci reasonable care i( it takes such c~~on for that purpose as Maker shall reasonably request in writing, but no om~ssion to comply with any request of Maker shalt of itseli be deemed a failure to ..ercise reasonable care_ Without limiting the generahty o~ the foregoing, the Bank shall have no responsibility for auertaining any maturities, calls, conver- ::,n, exchanges, offers, tenders or similar mattArs relating to any oi the Collateral~ nor for informing the undersigned with respect to any thereof. Bank shall not . e!>ound to take a~y steps necessary to prese~ve any rights m the Coltateral against prior parues, and Make? shall take all necessary steps for such purposes. Bank • f ~~ts nominee need not collect.interest on or principat oi any Collateral or give any notice with respect to it. Right is hereby expressly granted to the Bank at its i p:~on to transfer at any time to itself or to ~ts nominee a~y Collaterat and to receive the income thereon and hold same as security herefor, or apply it on the p~~ncipal or interest due hereon or due on any liability secure~ hereby. E Upon the happening of any of the totlowing events, each oi which shall constitute a defaulc hereunder, or if the Bank deems itsel( insecure, the entire unpaid ~,+!ance of this ~ote and a~l other Ilabilities ot exh Maker to Bank shaU ihereupon or thereatier, at the option of Bank, without notice or demand, become imme- s ,~ely due and payable= (a) failure oi any Obligor to perform any agreement hereunder or to pay in tull, when due, any liability whatscever to Bank.or any in- ~ s;.,~n,ent thereof or interest thereon; (b) the death oi any Obligor; (c) the filing oi any petition under the Bankruptcy Act, o~ any similar federal or state statute, or against any Obligor; (d) an application tor the appointment of a rece~ver for, the making of a general assignment for the benefit of creditors by, or the ~ -~,_~Ivency of any Obligor; (e) the entry of a judgment against any Obtigor; (f) the iuuing of any attachments or garnishment, or the tiling of any lien, against € ny propBrty of any Ob~igor, (g) the taking oi possession of any substantial part of the property of any Obligor at the instance of any governmental authority: nt the dissoluuon, merger, consolidation, or reorganization of any Obli9or, (i) the determination by Bank that a materlal adverse change has occwred in the ~ '.n:,nual condit~on of any Obligor trom the conditions set Forth m the most recent tinancial statement of v!ch Obligor heretotore furnished to Bank, or from ; ~^~e condition of such Oblfgor as heretofore most recendy dixlosed to Bank m any manner; or that a~y warranty, representat~on, certrficate, or statement of any - :J~~~~gor (whether contained in this note or not) pertain~ng to or in connect~on with this note or the loan ev~denced by this note is not true; (j) the assignment by ~ ~~v Maker of any equ~ty ~n any o( the Collateral without the written consent ot Bank; (k) failure to do all things necessary to preserve and maintain the value 3 ~d collectibiliry oi the Collateral, ~nclud~ng, but not lim~ted to, the payment oi taxes and premiums on polic~es of msurance on the due date without bene~it ot ; ~i~e qrace period. ~ Unl¢ss the CoUateral is penshable or threatens to dechne speedily in va~ue or is of a ty~e customarily sotd on a recognized market, Bank will give Maker rea- } s~nehle nouce of the t~me and place ot any public sale thereot or of the t~me after which a private sale w~ll be held. The requirement ot reasonable notice shall i: met if wch notice ~s maded, postage prepa~d, to any Maker at the address give~ below or at any other adc'ress shown on the reco+ds of the Bank, at least ten j : ~ys beforz the time of the sale. Upon dispos~hon oi any Collaterat after the occurrence ot any default hereunder, Obligors shall be and remain liable tor a~y s `~aency; and Bank shall account to Make< <or any surplus, but Bank shall have the right to apply all or any part of such surplus (or to hold the same as a •~~serve) against any and aIl othe~ Iiab~GUes of each or any Maicer to Bank. Bank shall have, but shall not be limited to, the following rights, each of whfch may be ezercised at any time whether or not this note is due: (a) to pledge _ • transfer this note and the CQllateral, whereupon Bank shall be rel~eved of all duties and responsibilit~e reun ~ nd relieved from any and all liability with ~ecpect to any Collate~al so pledged or transferred, and any pledgee or transteree shatl for all purpo tand ~n the ace of Bank hereunder and have ap the - • ahts to Bank hereunder; Ib) to transier the whole or any part ot the Co into the name of itsel or its nominee; c) to notify the Obli9ors o~ any Collat- e.,:l to make payme~t to Bank.oi any amounts due or to become due t reon; ( to demand, sue fo , collect, or m an mpromise or setdement it deems des,rable nnth re(erence to the Collaceral; and (e) to take possession or co trol of an roceeds of Col teral. No delay or omission on ihe part o~ Bank in exercising any nght he~ under shal operace as a iver oi suc ight r of an other r~ght under this note. No . s :ra~ver or alteration shall be bindmg on Bank unless in a writing sgned b thori Bank ofti , and then nly to the ext nt specifically set torth therein. P~esentment, demand, procest and notice of dishonor, are hereby waiv e and very Obligo The taki of a renewal te without the signature of any ~,.,ker or endorser I~able on this note shall not be deemed a payment o d~ ha~ge t's obligatio ar?d the I bility created h~reunder shall continue until this ^~~e is pa~d in tull. The Obl~gors, jomtly and severally, promise and agree o~p ay all s of collect n, incl iog attorneys' ~tes equal to ~~J(i ot the amount _ ~.n:,nced, or such larger amounts as may be reasonable and just if collect by IP9a1 pr ~edings o t ough attorney at law, induding appellate proceedings. < h~ ~dersig ~f ackn e re ipt of a completed cApy oi this note on this date. < ~ \ ~ , :~cidress ~t 5 1~. O'1_~V fltl~ ` ' (SEAL) t : lli ~ A.1drgSi ~?M~~~S,~y,_,~1 ~_.~~57 ISEAL) 3 ~ ~ . RokK 3U$ +~acF 12z ~ ~ Hs ~5~ u~~. t ' a . ~ t ~ _ - ~ _ . -