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Home My WebLink About0113 ~ m.:...~..........•-_ .r. t.... _ . . . . - _ _ ~ - - _ - _ ~ ` ' ~ . ~ ' iivs i iaLLirnEi3T ~nv+riiS~ORYr i1tOT€ ~ J~~ ~ (A) Amount R~qivW s 6ANK NAME IB) PrNnivm for C~~dit ~ ~ Lii~/Oitsbility Ins, s 1' ' lC) Oocum~nqrY St~rps ui S . FFICE ADOR£SS 1D) OthN Charp~t (it~mis~) s IEI t NOTE NO. OATE~: . 19~• (F1 ~ S --s- - (G) Amount Fi~»ne~0 DuE: is . 19.~.. . (A. 8. C. E. FI (H) Int~rest s PLACE: ~~t , FLORIOA (11 G~dit inwstipatioo = (J) OtM. S For wlw r~ceivad, tM u~de~spn~d (M.e+nsttK catMd "Nlsker") iointN snd~itiwrslly (if (K) t_.~~? more than on~ pranise to psy to the adK of tM Ba~k, at its oifiq list~d abovr, tM Toal . ot Payma~tf (from (M)_ at riAht) Of Oollart paYable in p, ILl ~ ' evua~ montA~ ~nsts~~insnn oi t i~- ~ , the tirst ~M~ F~NANCE CHAROE Y (H, 1. J, K, ll S~~~~~ - muallmeat dpi o~,_~Z~ . 19~., and whsequent insullments dw on (N) Total of P~Yn?ena fG + MI Z~~•~ ihe,1~y of p~h mooth tl~eresftK, topatt~r with a F~NA~ BA~~OON P~?YMENT OF: ANNUAL PERCENTAGE RATE 1A~ % S •~w pUE • .19 The Bartlc s1~a11 impo~ a dNinquency charge psi~ut ch~ Msker on amr p~yment which hss becaM du~ ~nd nmsins in defwlt fw s p~riod in ~xow of 10 . ~iays ~n an smount equal to 5'Xi of ihe amount oi the principal part of the paymen~ in defsult. In ~he event [Aat the Note is not paid in iull at msturity, ~Itpay- ments, wheMN ptincipat, interest w otherwise, shatl bear interest st ths maximum legal rate allowed u~der tAa laws of the Stato oi Flaida. Aq payments rnxf~ ~ hereunder shall 6e eredited tirtt to interest a~d then to pri~cipal, however, in the event ot detault, the Bank may, in its sole discretion, apply 8ny payment to - :nta~Kf . OIIAC~DiI ~fKIIOf IBWfIII [Ilaf~s tI1Rfl aCCfU~I. II is the i~tention ot the parties hereto that the prov'ts~o~s heroin shall not provide dirsttly or indireCtly ~or ihe pfymfnt of a greata rate ot interast or the retention of am other cMrge than is allowed by Isw. It,•for s~y reason, ~~terest m excess oi wcn iegai rs[s w - a charge prohibited by law shsll at any time be paid, any wch ezcess shsll either cons~iwte and be treatW as s payment on the principat or be refunded d"~rectly " ~o the Makw. ~ The Maker may pr~pay the entire unpaid balance of the loan at any time. If the loan is prepaid in (ull, aaelerated or refinar~eed, the Maker shall receive a • eiund ot the uoear~ed portion of the interes[ and inwrance premiums computed by the Rule ot 78's method, except that the Bank shall be entitled to reWin a mimrtwm intlraf! Charge of ~f.~. CREDIT IIFE"AND CREOIT LIFE d~ OISABILITY INSURANCE ARE VOLUNTARY AND NOT REQUIRED FOR CREDIT. Suth inwrance core~age is ,+va~lable at the cost designated below foi the term of the credit: (a) S ~Q' for Credit Liie Inwrance ib) S~a' ~o~ Credrt Life 8 Disability I~wrance: Cneck ? Credit life I~urance is desired on the li(e of ~ qpp~, Birthdate Box ~i Credit Life di Oisability Insurance is desired o~ Birthdate Q Credit lJe and/or Disability Inw~ance is 11?ot desired. o3te: Ju~t! LS~ 1471 Si9nature 1l. ~ Sigoature As security for the payment o~ the Note the Maker hereby grants to the Ba i er i ~n9 P?ope~tY= Ic~A ~~.W Tt _ es~eafA~ ~e~s e~ ~lid ~.lt Zl1.~~~ .~~Y~a ~rlr~ ~'L~~i. ; I...~f1ii ..tl r~tr~r~: ~ ~ncluding all inCreaiet, wbstitutions, replatements, additions and actessions thereto and in the proceeds thereoi (hereinaftEr called "Collateral"1. This seturity' { ~nterest shall also secure any other indebtednas a liability of the Maker to the Bank direct w indirecc, absdute or contingent, due or to become due, now ez- ~ ~s~~ng or heraaitar xising, including all tuture advances or toans by the Bank to the Maker. a ~ The Bsnk is also given a lien aod a seturity enterest in alt praperty and securities of the Maker, endorser, wrety, guarantor or accommodation party of this i Note Ihereinafte~ referred to es the "Obligors '1, now in w at a~y t~me hereaite? coming i~to the control, custody w pouess~on oi the Bank, whether tor ths ex- p~essed purpose of being used bY the 8ank as Collsteral, or for any othe~ purpose, and upo~ sny balance or balances to the credit of any accouna, inc~~d~n9 f ~+ust and agency xtounts maintained withthe Bank by any of the Obligors, and the Oblgors agree to Qeliver to the Bank additional Co11atera1 or make such payments i~ reduction oi the p~incipal amount of the loan as shall be satisfactory to the Bank, in the event the a~orementioned Cotlateral shal~ decline in ralua ° o- become unsatistactory to t1~e Bank. Additions to, reductions w excl~anges ot, w wbstitutions for the Cotlateral, payments on account of this loan or increases of the same, or other loans made ~ par~~ally w wholly upon the Collateral, may from time to time be made without attecting the provisiom of this Note. The Bankshall exercise reaso~wb~e care in ~ ~he custody and prese~vatio~ ot the Collataal to the extent required by appticabte statute, and shall be deemed to have exercised rwsonable care if it takes such ac~~on for thst purpose as Maker shall reasonably reques[ in writing, but no omission to do any xt not requated by Maker shatl be deemed a failure to exercise ~ ~easonable care, and no omiuion to comply with any request of Maker shatl oi itself be deemed a lailure to exercise reasonable care. Bank shall not be bound to take any steps neceslary to preserve any rghts in the Collatera~ against prior parties and Maker shall take all necessary steps tor such purposes. The Bank or its ~ nom~nce need not cotlect interest on, or a p~incipal of, any Collateral or give any notice with respect ~o it. ~ The Bank may continue to hold any Collateral deposited hereunder after the payrtient ot this Note, if at the time ot the payment and discharge hereof any oi ~ ~he oa.ties liable tor the paVment hereof shall be then directly or contingendy liable to the Bank as Maker, endo~ser, wrety, guarantor or accommodation party ~ of any other note, drait, bill of exchange, or other instrument, or otherwise, and the Ba~k may thereafter exercise all rghts with respect to said Collateral y~anted berein eve~ though this Note shall have bee~~ wrrendered to the MaY.er. ~ If the 8ank deems itself ir?secure w upw~ the happe~ing of any of the following events, each ot which shall constitute a detault, all liabit~ties of eacn Maker to the Bank, ~ncluding the entire unpaid principal ot this IVote atd acc~ued interest, leis any unearned interest and any interest in exteu of the maximum allowed 1,y taw and any ~ebates required by law, shafl irtxnediately br thereafter, at the option ot the Bank, except that the occurrence oi (cl o? fd) shall cause automat- ; ~c acceleration; without notice or demand, betomedue end payable: (a) the failure o~ any Obligor to perfosm any obligation, liabifity or claim to the Bank, to pay ~ mierest hereon within lOdays aiter it is due, o. if there is no due date, aiter it is billed w otherwise requested or demanded, or to pay any other liabifity what- ~ s scever to the Bank when due; (b) the death of any individusl Obligor, the dissolution of any partne~ship Obligor w the dissolution, merger or oonsolidstion with- ~ out the Bank's priw written consent of any corporate Obligor; (c) the tiling o( a petition in bs~fkruptey Or the adjudication of insolvency or bankruptcy under ~ ar,y reorgan~zation, arrangement, readjustment of debt, diuolution, Iquidation or similar proceeding under any Federal o~ state statute, by or against a~y ~ ~ Obl~gor; (d) a~ application io? the sppointmen[ of a receiver iw, or the making oi a general assignment for the benefit of creditws by, any Obtigcx; (s) the entry ; ot iudgment against any Obligor; (l) the iswing of any attachment or garnishment, or the fiting oi any tien, against any property of any Obligor; (g) the taking o( ~ possession of any substantia! part of the property of any Obligor at tl~e imtance of any govarnmental authority; (h) the determination by the Bar?k that a materi- ~ ai adverse chanqe has otturred in the finantial tondition oi any Oblgor (rom the conditiom set tath in the most recent financial stateme~t of wch OWigor ' heretofore turnished to the Bank, or trom the conditio~ of wch Obligor as heretofwe most retent:y disdosed to the Bank, or that any warranty, represenWtion, ~ cercificate or statement of any Obligcx (whether oontained i~ this Note w not) pe~tsining to or in eonnectan with this Note o. the toan evidenced blr this Note ~ y comains a~ umrw statement oi material fact or omits to state msterial (act necessary in order to make the statements rt~ade not misleading: or, (i) the assign- ~ men[ by any Msker of any equity in any of tM Collateraf without the pria ?witten consent oi the Baak. ~ The 8ank shatl have, but shall not be limit~d to, the follawing rights, esch of which msy be exacis~d st any time whether w not this Note is due: (i) to vied9e or trarufer this Note and tM Cotlatersl snd ch~ Bsnk shsll thaeupon be reli~vYd of all duties and responsibilitias hereunder and relievad from any and all i~ability with rasp~ct to any Collateral so pledged o? traMf~rred, snd any pl~d~ee o? transteree shsll for all purposes stand in the place of the Bank hereunder and ~ have all the righis of the Bank F~eu~der; (ii) to transfer the whole or any part of the Collateral i~to the nsme oi iiseli o? its nom~nee; iiii) to vote the Coltateral; Irv) to ~otify the Obli~ors of a~y Collsteral to make payment to the Bank oi any amou~ts due or to becoms due thereon; (v1 to demand, we for, collect, w ~ make any comp?omise or settlement it deems desirable with ~eference to the Collateral; and (vi) to take possession or control oi amr proceeds of Collateral. r t • ? ~ ~ NOTICE: SEE OTHER SIDE FOR IMPORTANT INFORMATION U R 311 ~ ~13 ~ Fg5 752 Rav_ ~I77 d~t7~ ACE