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Home My WebLink About1693 ~E NOTE FOt~ I~STALL~ LOANS i>l~i ' DISCLOSU • IAI Amount Received S 10•~~t~ BAN NAM ...r - 181 Premium for Credit ys . Lite/pisability In:. S ~ lit ~ ~ ' (CI Docunrnury Stamps S l~.~s t . FFICE ADOR (Dl Otiher CMrges (itemize) i IE? S NOTE NO. DATED: i~ . t~-• (F) S tea"' - • lGl Amount Financed ~•~na~ DuE~ .UN\~ 1L , t~, lA, B, C, O, E, F) S IHI Interest : ~~~.~s r~l_ACE: 1~~ lit- ,FLORIDA 111 Credit Investigation S "0"' IJI other S . For value reteived, the undersigned IMreinattM called "Maker") jointly and severally lif lKl S more than ate) promise to pay to the order of tM Bank, at its office listed above, the Total ~.f Payments prom INI at right) of ~eS20i•00 Dollars pavable in ~ lLl S rcrtua) monthly instellmettts of S , tM first IMl FINANCE CHARGE IH, 1, J, K, L) S ~.t~a•~ installment dw on ~~-1`, , 19~, and wbsequent installments due on INl Total of Payments IG + M) S v ~Q a rr~~~„day of each month thereafter, together with a FINAL BALLOON PAYMENT OF: ANNUAL PERCENTAGE RATE ut9 Xi S ,.Q.. DUE , 19 The Bank shall impose a delinquency charge against the Maker on any payment which has become due and remains in default for a period in extxss of 10 • clays in an amount pual to 11T1G of tM 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- ments, wMther principal, interest or otherwise, shall bear interest at the maximum legal rat. a11owM under tM law. All payments made hereunder shall be credited first to Mttrest attd then t0 principal, however, in the event of default, the Bank may, in its sole discretion, apply any payment LO interest, principal :,red/or IawfulCharges then accrued. It is tM intention of tM 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 pro- n+brted by law shell at any time bs paid, any such excess shall either constitute and be treated as a payment on tM principal a be refunded directly to the h'laker, TM Maker rr1Py 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 tM unsarwed portion 'of the interest and insurance premiums computed by the Rule of 78's method, except that the Bank shall be entitled to retain m+nimum interest Charge of SS.~. CREDIT LIFE ANO CREDIT LIFE & DISABILITY INSURANCE ARE VOLUNTARY AND NOT REQUIRED FOR CREDIT. Such insurance Coverage is available at the coat designated below for the term of tM credit: la) S 3~s•~ for Gadit Life Inwrance Ib) S fpr Credit Lifedt Disability Inwrance: ~ ~j~e~ s ~ - ~R~ _t~~ , Check ~ Credit Lifts Insurance is desired on the life of ffHll~tt>~ ~'s ~ Birthdate Appl. ? Credit life ~ Disability Insurance is desired On Birthdate Box ? Credit Life and/a Disability Insurance is not desjrad. Date: Signature / Signature AFTER ACOWREO/ROPERTYWIII dE SUlJECT TO THESECURITY INTERESTANO OTHER OR FUTURE INOEBTEONESS ISSECUREO BY ANYSUCH PROPERTY, AS FOLLONfS: Maker hereby grants to Bank a security interest in the property, if any, described in t}te space below and in all other property bf 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 future. TM atortrsaid security interest excludes the Makers primary residence unless said primary residence described below. Lit Ifi57, nolidaj ors at ss. tarsi., a. 1ua=it~1 is ~ r If [he Bank requires the Maker to obtain insurance coverage against toss or damage to the collateral seduing the Makers indebtedness to the Bank, the Maker n,~Y 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 'r ^e~ernaiter for brevity Called Obligor or Obligors) that: Bank shall exercise reasonable care in the cue*.oay and preservation of the Collateral and shall be deemed to have exercised reasonable care if it takes such ~crron 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 ~ eYerase reasonable care. Without limiting the generality of the foregoing, the Bank shall have no responsibility for ascertaining any maturities, calls, convey- ! s•~;n, exchanges, offers, tenders or similar matdrs relating to any of the Collateral, nor for informing the undersgned with respect to any thereof. Bank steal! not i t,ourxt 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 ors 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 :~ptron 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 on the P principal 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 if-the Bank deems itself insecure, the entire unpaid ~ !;.,:anceof 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- i :::ately due and payable: la) failure of any Obligor to perform arty agreement hereunder or to pay in full, when due, any liability whatsoever to Bank or any in- 1 s- eiment thereof or interest thereon; Ibl the death of any Obligor-, lcl the filing of any petition under the Bankruptcy Act, or any similar federal or state statute, i;y or against any Obligor, Idl an application for the appointment of a receiver for, the making of a general assignment for the benefit of creditors by, or the ^solvertcy of any Obligor; let the entry of a judgment against any Obligor; (fl the issuing of any attachments or garnishment, or the filing of any lien, against ~:ny property of any Obligor; (gl the taking of possession of any substantial part of the property of any Obligor at the instance of any governmental authority; gin! the dissolution, merger, consolidation, or reorganization of any Obligor; Ii1 the determination by Bank that a material adverse change has occurred in the ',nancial condition of any Obligor from the conditions set forth in the most recent financial statement et such Obligor heretofore furnished to Bank, or from •ne condition of such Obligor as heretofore most recently div_•losed to Bank in any manner; or that any warranty, representation, certificate, or statement of any Gtr:+gor (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: Iji the assignment by 1 -~y Maker of any equity in any of the Collateral without the written consent of Bank; (kl failure to do all things necessary to preserve and maintain the value •nd cotlectibility 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 E rnz grace 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- _:nable notice of the time and place of any publjc sale thereof or of the time of te? which a private sale will be held. The requirement of reasonable notice shall r,~ met if ;uch 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 feast ten ":ys before the time of the sale. Upon disposition of any Collateral after the occurrence of any default hereunder, Obligors shall be aril remain liable for any ; r;~f,ciency• and Bank shall account to Maker (or any wrplus, but Bank shall have the right to apply all or any part of such surplus (or to hold the same as a s ~ezerve) against any and all other liabilities of each or any Maker to Bank. Bank shall have, but shall not tie limited to, the following rights, each of which may be exercised at any time whether or not this note is due: Ia1 to pledge r:- 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 Y respect to any Collateral so pledged or transferred, and any pledgee or transferee shall for all purposes stand in the Rlace of Bank hereunder and have all the ~:•~h[s to Bank hereunder; Ibl to transfer the whole or any part of the•Collateral into the name of itself or its nominee; Icl to notify the Oblgors on any Collat- e~al to make payment to Bank of any amounts due or to become due thereon; (dl to demand, we for, collect, or make any compromise or settlement it deems r:esrrable with reference to the Collateral; aril let 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 rfperate as a waiver of such right or of any other right under this note. No ~ t•:arver 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. Pr Psentment, demand, protest and notice of dishonor, are hereby waived by each and every Obligor. The taking of a renewal note without the sgnature of any maker 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 • me is paid in Lull. The Obligors, jointly and severally, promise and agree to pay all Costs of collection, including attorneys fees equal to 10'Xi of the amount financed, or such larger amounts as may be reasonable and just it collected by legal proceedings or through an attorney at law, including appellate prrxeedings. i The undersigned icknowledgefeceip of a completed c of this note on this date. J///'. Address 1~ 12ss+ ~ _ ~ Y~~ ,Gi-~ (SEALI Address ' ~ -t L ! r ~ ~t' 11~ (SEALI ~•Civ ~ Uk • ~U:K310 {,,~:-1691 c BS 752 Rer. l / 79 z'";. -