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Home My WebLink About1474 > ~ ~ xT ~ OISC60SUF1~ NOTE ~OR• INSTALLMENT LOANS 1, FLANK A f (81 Premium fOr Credu ~i r-~t N ~.y. ) Life/Disability to:. S 1~ ~i ~ ICI Documentary Stamps S OFFICE ADQRESS . lpl Other Charge (itemrzel' i ~ ; • ~ LEI - - S~ ' NOTE NO. DATED: ~ ~ ~ , 19 ~ S ISiI Amount Fin'nced o~ DUE: 'v' ~ ~ ~ , 19 ~ IA, B. C. O, E, FI S . . . IHI Interest , S PLACE: ~ ~ ,FLORIDA 111 Credit Investigation S~ t • IJ! Other _ _ _ - S For value received, the undenignad (hereinafter called "Maker") jointly and severally lit IKI S more than oriel promise to pay tot r~Qf thr;•Bank, at its office listed above, t Total 01 Payments (from lNl at ri~hi) of i~~~ Douars payable in~~ (U S equal ptonthly iestsllmentvt sro~ ,the tint IMI FINANCE CHARGE i'~~p~r ~ ' IH, 1, J, K, LI S ~nstallmertt due on , 19_, and wbsequent installments due on ~ , r - INl Total of Payments IG + M) S th y.ad each month thereaitgr together with a FINAL BALLOgN P/~YMENT qF: ANNUAL PERCENTAGE RATE % 5 " DUE ~~~ri.a.a~M,tM~Mr , 19 e+U1 ~ The Bank shall impose a delinquency charge against the Maker on any payment which has become due and remains in default for a perirxl'it) excesrof,l~~ days in an amount lgtrttl to ~i of the amount of tM principal part of the. payment in default. In tM event that tM Nate is not paid in full et mataaritiR,all ptiy- ? ments, whether prirteipal, interest or otherwise, shall bear interest at tM maximum legal rate allowed under tM Isw. All payments made hereutder ;shall a~ credited first to interest and then to principal, however, in tM event of default, tM Bank may, in its sole discretion, apply any payment to interest, prptcipsl: andlor lavvfuf rya rgta theft axrued. It is tM intention of the parties Hereto that the provisions herein shall not provide directly or indirectly for the payment of a greater rate` of itterest Ot tM retention of any other charge than is allowed by law. If, for any reason; interest in excess of such legal rate or a charge pro- : + ` - hibited by law than at any time be paid, any such excess shall eitMr constitute and be treated as a payment On the principal w be refunded directly tp-the Maker. The Maker may prepay the entire unpaid balance of the loam at any time. If tM loan is prepaid in full, acoeleratad or refinanced, the Maker shall receive' a refund of the unearnedport ion of the interest and insurance premium3 computed by the Rule of 78's method, except that the Bank shall be entitled to retain a minimum interest Of.sS,09. CREDIT LIFE~AND CREDIT LIFE & DISABILITY INSURANCE A~iE VOLUNTARY AND NOT REOUIREO FOR CREDIT. S}jch inwrance coverage it . available at tM cost designated below for the term of the credit: la1 S ~Qr? for Credit Life Inwrante (b) S ~V~ • for Credit Life d? pisabiliry Insurance: ~ . Check ? Credit life Insurance is desired on the lice of ~ Birthdate Appl. Credit Life fh Disability Insurance is desired on Birthdate BOx ~ S;redit Life end;or Disability Insurance is ro desired. / / f tt~~~ Si ture~ ' fr r (~f . ~ ~•s.az ~ _ . Date: "'ti7 9s 'i~~ Signatur 9na AFTERACOUIREDPROtERTY1Mll6ESU8JECTTOTHE THERORFUTUREINDEBTEDNESS TY,ASFOLLOINS: _ Maker hereby grants to Bank a security interest in the pr any, described in the space below and in all other property aker now or Mreafter in r Bank's possession, and such security interest shall also secure all other liabilities of Maker to Bank, whether primary, secondary, direct or contingent, present ~ i or future. The aforesaid security interest excltdes the Makers primary residence unless said primary residence is described below. - ` ~Ot ~123~+J'~ j '1t i>!S ~ Aim AT ~ZYLEIf IlL~ j t - as dNR~lD~d ill ~s1d rsti,* - . ~ . • i • . 'r r Y 3. If the Bank requirK the Maker to obtain insurance coverage against loss or damage to the collateral securing the Makers indebtedness to the Bank, th_ a Maker ti;: s may 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 fall of whom are I~ hereinafter for brevity called Obligor or Obligors) that: ~ • r I Bank shall exercise reasonable care in tM ws;ody and preservation of the Collateral and shall be deemed to F1eve exercised reasonable tare if it takes cunt ` f i action for that purpose as Maker shall rr:asonably request in writing; but no omission to comply with any request of Maker shall of itself bedeemtd 8'f)k'lurEtos " 6 exercise reasonable care. Without limiting the generality of the foregoing, the Bank shall have no responsibility for ascertaining any matuiitks,.~lls, iorller• - ~ soon, exchanges, offers, tenders or similar matters relating to any of:the Collateral, nor f6r informing the undersigned with respect to any thereof. Bank shall not' , be bound to take any steps necessary to presrrve any rights in the Collateral against prior parties, and Maker shall take all necessary steps for such purposes. Bank -~,r 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 option to transfer at any time to itself or to its nominee any Collateral and to receive the income thereon and hold same as security here(or, of apply it on the f principal or interest due hereon or due on any liability secured hereby- ~ -lr~•~• ~ Upon the happening of any of the following events, each of which shall constitute a default hereunder, or if the Bank deems itself insecure, the entire unpalif~ !;alanceof 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 diately due and payable: Ia1 failure of any Obligor to perforim any agreement hereunder or to pay in full, when due, any liability whatsoever to Bank or any in- st.3f merit thereof or interest thereon; Ibl the death of any Obligor; Ic? the filing of any petition under the Bankruptcy Act, or any similar federal or state statute, icy or against arty Obligor; (d) an application for tM appointment of a receiver for, the making of a general assignment for the benefit of creditors Hy, or the ;nsolvency of any Obligor; le! the entry of a judgment against any Obligor; (fl tfte issuing of any attachments or garnishment, or the filing of any lien, against any 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; Ihl the dissolution, merger, consolidation, or reorganization of any Obligor; lil the determination by Bank that a material adverse change has occurred in the f~r.ancial condition of any Obligor from the conditions set forth in the most recent financial statement of such Obligor heretofore furnished to Bank, or from -he condition of such Obligor as heretofore most recently disclosed to Bank in any manner; or that any warranty, representation, certificate, or statement of any pi,ligor (whether contained in this note or not) pertaining to or in connection with this note or the loan evidenced by. this note iz not true; Ij) the assignment 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 ;rid 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 grate period. Unless the Collateral is perishable or threatens to decline speedily in value or is of a type customarily sold on @ recognized market, Bank will give Maker rea- . sonable notice 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 Aopce shall' _ i>~ 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 drys 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 deficiency: and Bank shall account to Maker for any wrplus, but Bank shall have the right to apply all or any part of SLCh w?plus 1oi• 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 of which may be exercised at any time whether or not this note is due: (al to pledge . or transfer this rote and the Collateral, whereupon Bank shall be relieved of all duties and responsibilities hereunWer and relieved from any and all liability with respect to any (',ollateral so pledged or transferred, and any pledgee or transferee shall for all purposes stand in the place of Bank hereunder and have ell the • ~ . iyhts to Bank hdrauRder; 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 Collet- eral 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 desirable with reference to the Collateral; and (el to take posseuion 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 such right or of any other right under thit note. No vra~ver or alteration shall be binding on Bank unless in a writing sigMd by an authorized Bank officer, and then only to the extent specifically set forth therein. 't 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 maker or endorser liable on this note shall not be deen?ed a payment or discharge of this obligation and the liability created hereunder shall continue until this ante is paid in full. The Obligors, jointly and severally, promise and agree to pay all costs of collecUOn, including attorneys fees equal to 1QXi of the amount ugh an attorney at law, includin a II rigs. i,nanced, or such larger amounts as may be reasonable and just if collected by legal proceedings or thro 9 PPe ate proceeds • The undersig acknowledge receipt of a completed copy of this note on this date. 434 lid~woo~ Alves. - QEAL) Address Address~~~ Rio 4w0! ~ ~ ~ t ~ ` - ; '~'r.,~ ISEALI ~ , ~oR~ 3U8 PACE 1474 • F ~ ~r~: , _ - - - -