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HomeMy WebLinkAbout0919 ' _ • ~ _ - - _ - - - ' - ' ~ Y ;j~ ~ = . • - DISCIOSURE NOT~ FOR INSTALLMENT. LOANS - . - First National Bank ofFort Pierce ~ ~n? w~.~,~~ R.~.~~ s 13, 000. 00 : BANK NAME PrNniufn IM Cr~dit , none ~ir~/o~s~a~~~ i~x. s Y.O.Box 970, Fort Pierc~, Fla. 33450 ~c! oown+.+?t..vsu.+,o~ s 19.65 , OFFICE AOOitESS OMN CMr~t (~tNni2fl s none - tE~ ~ s none NOfE NO. OATEO: Mdy 1 ,~9 79 . ~F~ s none _ May 1, ,i9 86 . ~c~ i B cFO ~ i s 0 9 65 ouE: 7,D 0.35 ~ (M1 IntKat i P~ACE: Fort Pierce ~ ~ . F~ORIDA Gb~t i^~~~~.t~o^ s 25. 00 . a,,.~ = none For vs~w r~~wd, M~ und~rsiy~ed IM~~iMiter ulled "Maker"! jantly and ttv~nliY (if ~K~ s none mo~e ~Mn Onel p~o~nise tOpsy to th ordK of ih~ 6~nk. ~i its olfict listed sDovt, M~ Total ot Pa~mena ihom (Nl ai riqhtl ot ~13, 00~• OWbrs p~y~b~e in 84 s none tM) FINANCE CHARGE • ,,,o„~nnr;,uyii~.,,n ot s 238 75 ,~n. r~c 7 035. 35 (H, 1, J, K. ll t ~ns~anmMt aw on J~~e 1~- .18 . a~d wbaqwm ieao~~m~nts dw on INl Tout oi Paym~nu IG ~ MI t 0~ S• ;ne dw of wch monih i~~stter, to~ecne~ w,M a F~NA~ BA~~OON PAYMENT OF: ANNUAI PERCENTAGE RATE 13 . 27 x 5 none ouE none , ~9 7ne 6~elc fhN1 irtpos~ ~ delinqwncl? daroe +Dsin~t Ms M~lur on any PrYm~nt wAicA hac b~eonr dw ~d »nwi~u in d~hult for a paiod in ~xaa of 10 dayc in sn snwum puN to 9!G of tM ~mount of tM prineipM pxt of tM p„?er~nt in d~bult. In tht wtnt that tM Nou it not p~id in tull ~t nwWrity, NI pay- rnents, wh~thsr prineipN. interat or otM?wis~, d?stl b~sr intKest at tf~ maxinwm I~t rm albw~d und~r tM law. All prymtnts n~N 1~tund~? tMll be cradi~ed fiest to int~st ~d tMn to principal, how~~. in cM wrnt of d~fwlt, tM Ba~k m~y, in itt wN di~ention. app1Y anY PWn~nt to ineerett, p?incipsl and/or I~wfulehsr~s tMn soeruW. It is tM inqntion of the psni~s M?rto th~t tM p?ov~siau M*~~n thN~ not p~ovid~ dihetly or iedit~etly tor tM pryment o~ a 9rqt~ rat~ ot inMrfit or tM ~~ttntion ot :ny otMr ch~rpt M~n $ ~I~owtd by Iwv. If, iw ~ny ~on, iniKat in ucoa~ ot wd+ {pN rm or s eMry~ pro- h~b~c.d bv I~w q~sl~ ~t any dm~ b~ wid. any wd~ ~xaa dul~ ~itM. ooncituu a+d b~ tn~t~d at a psynwnt on tM a~~+~cipd a be nfued~d dinetty co tM - tvlaksr. TM M~k~~ nW P~Y tM ~ntin unpiid bN~no~ of tl~ Iw~ ~t u~y tim~, lf tM Iwn is prp~id in tull, ~opbr~nd or nfiorn~,yd, the M~Ic~r sMll nc~ive . e retu~,d ot tha umsroedpOtt~on of tht intK~st ~nd inwance p?tmiums earKwt~d by tM RuN of 78's nrtfwd. ~Appt dNt thf BM1k dlNl b! MtltNd tO+fLin a minimun? intN~st Of =~.OQ. ~ - " - - ~ _ - - CREDIT IIFE AND CREDIT LIFE 8 DISABILITY INSURANCE ARE•VOLUNTARY ANO NOT RE~l11REG FOR CREDIT.Surh imunnotco~raoeis avaitsbl~ it 1M oott d~tipnaMd bNow tor tM tutn oi tM endit: (al S for Cw~dit Lih Irqu~M~ lW = ~ Fo~ Cr~dit lih A Oi~tlilitY ~nwranc~: = . . ' . . - . _ - _ - . - ; ! Check ? On~it Lih Imunno~ is d~tihd o~ tht lit~ of . . _ _ 8i~ddsU " A.o~. ? Grrdit Uh ~ Diability Insw~nct is duind on BirtAd~t~ ~ Box ~C~dit ~if~and/w Ois~tiility Inwwno~'s . " . Date: Sipn~tw~ Sq~~~ AF~ERACQIqRE01RMfRTYlY1lLtESUL1ECTTOTHEiECURITVINTERESTAN00TNER0 TIIREINOE~TEOMEft15tECUREOtYANYiUCM~ROrERT~ASFOLLOWi ~ Maxer Mr~by qra~ts to Bank ~ s~curity intKest ie tM propertY. H anY. d~sc~~b~d tM s~ace b~~ow ~rd in NI othK p?opertY of Nl~ktr now or he~eafter in aank's poss~ssion, and suth sscurity interes[ shsll also s~cun s11 other lisbilities of Nlsker to 6ank, wMther prim~ry, seeondary. dinct or continpent, p?~sent or f ucure. TM afonsaid s~curicy intenst sxdudes tM N4k~rs p.imsry resid~nce unka aid primsry ?esid~noe is d~scrib~d bNow. • t Second Mortqage-Propert~ Discription ~ , - That part of tte North 170 of the South 400 of the North 615 of Government Lot 1, - Section 15, Township 35 South, Range 40 East, wh~ch lies Eas~ of the. East right-af-way line of the Florlda East Coast Tailway. Together with all riparian rights appertaining thereto or connected therwith. Excepting, hawever, rights -of-wa~for~ublic roads~. If ihe Bsnk rpuires U~s Msker to obtain inwwnoe ooren9e sg~~nst loss w dsrt~sge to the collatcral s~curing tl+e tcers i tedness [o Me ~k, the Maker : r,ay obtain such ooversge from any ayent, broker or inw~or ~cceptsble to tAe Bank. It is ja~tly ad teveqlly tovensnted s~d ayrted with the Bank by eath Maker, ~ndorK~, wrety, 9usrmto., and other psrty to this note (NI of whom are I ne,e;nafcer iw bnviey pll~d Obligor or Obligonl thst_ - ~ Bank sl+sll exercise rMSOtible csre in che a?stody w+d praserwtion of che Collatersl ~nd shsll be daemed to hsve exercised rpsonsble are if rt ukes such ' sc: ion fo. that purpose as Maker shall raasonsWy rpuest i~ writing, but no omitsion to totnply with any request of MakN sh~ll of itself ba d~em~d ~ failure to E erercise rpsonsbtt tue. Without limieing tM 9enerslity o( the fore9oing, the Bsnk sha11 have no responsibitity for asoert~ini~g sny maturities,.cslls, conver- E c:on, exthsrg~s, offers, tenden o~ similar metters rdsting to any ot the Cotlsmal, nor for informiny the undersgned with r~tpeCt to any thereof. Bsnk d~all not i ba bound to take any steps neussary to preserre ~ny righcs in the Cotlatsrst sgainst prior ps~ties, aed Maka shdl uke slt rnasary stps iw wch Purpo~es. Bsnk ~ or ics nomin~e n~ed not colNct interesc on or princ~psl of any Collste?al or 9ive a~y notice wiM raprct to it Ripht is h~eby ~xpnssly yr~ntd to the Bsnk st its op t+on to trs~fK at sny time to itself or to its nomiMe sny Colbtersl and to reteive ths income thehon snd hotd ame as ~turity Aerefor, or apply it on the ~ p~ i ncipal or intsrest due I+treon or due on any lisbility s~cund herebY- llpon d+~ hippsnin9 of ~ny of th~ following erents, ~ch of which ~sll constitute s dtfwlt Aereunder, or ii the B~nk d~ms itself i~re, the entire uripaid ~ batante ot thic oot~ ~nd sll other liabilities of e~ch Maker to Bsnk shall tMnupon o? thenafter, st tht option of B~nk, without notip or demsnd, batane imme- g d~ately dw snd psysbte: (d fsilun of sny Oblipor to perform sny ~p~x~t hereundar or to p~y in tull, whtn due, any li~bility whatsoever to B~nk or sny in- s:a I ment jfNrsof or inmest therton; (b) the desM of sny Obligw; (e) the filiqg of any petition und~ tM B~nkruptCy Act, or ~ny similsr faderal or stste ststute, ~ by or apai~xt any abtipor, (d) an appliution tor tlu sppointment of a repiver fw, the rrnking of a 9eMn1 ~ssqnment tor ihe b~nefit of cnditors by, or tM insolvency of ~ny Oblqor, (e) the entry of s judyrt~nt sysinst sny Oblipor; (f) the iswinp of any ~ttxhments or ps?nahment, or the tiliny of any li~n, ~gainst any propMty of sny Obli9pt: (y) the qking of poss~sion ot sny wbstsntial psrt ot tM proQ~rty of ~ny Oblipor at the inst~nos of any qw~mmtntsl authairi~ In) the dissolution, merye., tonsolidation, or rtorysniiateon of ant/ Obligor; (i) the d~terminstion by Bank that s f?naterial ~dverq d~snp! has ooCURed in tM ~ r~nancial eontlition of ~ny Obligor trom the tonditions set fotth in the most neent fin~nci~l stst~rtient of wch Obligor Mretofore fumisheef to Bank, or from i^e condition of such Ob1i~ a h~niofors most reeently disclwed to Bsnk in ~ny m~nner, or that any wurmty, represenUtan, eenificste, w astement of sr?y r,bl~g0~ (NIINthlr COf1Uif1ld if1 thlf f101! W f10t) p!?ti1111119 tOOt in C01fnKtiOf1 Wlth thif 110tt O~ th! IO,I1 fVldtf~Ctd bY t111f ffOt! if f10t ttYt; ~j) thf iffi9M11l~?t by a~y Nlaker ot any equity in ~ny of the Collate!sl without Mt writte~ eonsent oi Bank; (k) tailure to do sll thinqs necess~ry co presenre ~nd ms~ncsin the vsiu~ ~nd collectibility of the Collateral, includin9, but not limited to, the p~yment of taxet and pr~miums on policies of inwrance on tM due date without benetit ot ~ th? grace p~riod. y Unless tt~e Collstersl is perisMble or th~eatern to declint ~peedily in vslue o. is of a type c~moms~ily sokf on s recofinized rr?~rket, Bank will give Msker rea- :~~ab~e notip of the time ~nd Dlsce of any public sale thercof w oi the time afte~ which s privste ale will be held. Tf~e rpuirement of nssonable notice shsll ~ i:~ met if such eotioe is msiled, postsye prepaid, to sMr N~ker st the addr~ss yiven bNow w at sny other addnss shown on the records of the B~nk, st lesst ten ~~ays befpre the time of the sale. Upon disposition oi ~ny Cotlsterst sfter the occurrence oi any default htreunder, Obligors sNstl be snd rtmain IiaMe for any ~ Ceficiency; ~nd 8snk shalt sccount ~to Maker for any wrplus, but 8ank shsll hsve the riyht to apply all or sny pa?t of such wrplus (or to Aold the same as s ~eserve) sysinst sny snd s11 other lisbilities of esch or any Msker to Bsnk. Bank shalt tssve, bu[ shall not be limiced to, th~ idlowinq rghu, eid+ of which m~Y bs exercised st sny time whether or not this note is due: (e) to pMdge `v or uanster Mis note and the Collatersl, wh~reupon B~nk fhall be reliered of all duties and raponsibilities hereunder snd rNi~ved (rom sny ~nd sll li~bility with ~ respect to ~ny Collstenl so pledged or transferred, and aoY P~~d9ee or trsnsieree shsll tor ell purposes stsnd in the place of B~nk hereunder snd have a11 the ~ ~~gnis to Bsnk Aereunder; (bl to trsnsfer tbe whole or sny put of tha Collatent into tM name of itself or its nominee; id to notify the Obliyors on any Collat- payment to 8s~k of sny ~mounts due or to become due tMreon; (d) to dems~d, we ~o?, cdlect, or mske sny compromise or settlement it deems ~ c•ral to mske ~ ~s~rable wiM ntert~ce to the Colluaal; and (e) to take possession or control oi eny procatds ot Collateral. No delay or omission on tF~e parc of Bsnk in exercising any right hereunder shsll operate as a wsiver of wcA right or ot sny other rqht under this note. No - e ~ ' r.aiver or slteritio~ shsll be binding ori Bsnk uoless in s vvriting sgned by sn authoriztd B~nk oifica, snd then only to tht extent sPecitieally set torth theroin. ~resen~ment, demsnd, protest and notice of dishonor, are hereby w~ived by esch snd every Obligor. The taking of s renewsl note without the signsture of sny ~ makr or endorstr liable on tAis note shall not be deertied a payment o~ difcharge ot this oWigstion snd tl~e lisbility uested hereunder shsll tontinue until this ^~~te ~s paid in tull. The Obligon, jointly and severally, promise snd sgree to pay aIl costs of collKtion, including ~ttorneys fees equsl to 1~ of the amount j `~nanced, a sutA lsrger amounts ss may be reatonable snd jutt ii colleCted by legal prOCeedin9s or tbrough ea attorney at hw, includinq appellste proCeldin9s. ~ The unden' sek fdge re ipt f a mp~eted coDY of this note on this date. , ~ j' ~ :,:,,,?SS 805 S. Indian River Dr. , Fort Pierce, Fla. (SEAL) 33450 d I ~ !•~'.d~ess ' ISEAL) ~ • Mae Holtsberg ~ ~ UR gQO~ 3U~ 919 ~ Fns 75: aR~. 1179 - - - ~ - . - . - _,.i . _ _ . . , ' i ~~a..+F~