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Home My WebLink About0613 ~ r t • ~ ~ ~ 1 ~ - DISCLOS RE NOTE FOR INSTALLMENT LOANS J~~ la~ . IA1 Amount Recenrod s 7~16S~5Z , BAN AME I8) Pr~mium tor Credit ~ Li~./Oissbi~~~y ~n:, s f• ~QY 7• •TtI'.3~1! 1Z6ZC~1 •~1 • ~-1~ IC) Oocumeotary Star??Ps S 11 ~2A OFFICE AOORE55 (D) Othlt Charyls (itRmul) s le~i~i~l S TC. -S~ r:OTE NO. ~ATEO: ,~O ~ . 19~. (F) S +fl- (G) Amaint Financed DuE: ,1Y ~ ,~g~_ IA, B, C. O, E, FI S (HI Inte~est S PLACE: ~t , fLOR1~A U) Credit Invest~gauon S~_(?- IJl Other S «A- For valw rece~ved, ~he undersgned (hereinaf~er called "Maker") iomtly and sererally (if (K) s ~n~ mo~e tKan a?e) promiu to pay to the order of the 8ank, at its otfice lisced above, the Toul ~.t Pa~ments (Irom (N1 a? r~gh~l o~I,A~Q~,~SA poiWrs payabie ~n~ s eyual mpqlAly ~OSisllm2n~S Of S 1i~.33 , ~he ~i.st ~M~ F~NANCE CHARGE ~Q (H, 1, J. K. L) S Z-~-6g ~ns~allmeqf due On ~lx ~ , 19~ L, and wbseque~t ~nstallments due o~ (N) Total of Payments (G ~ M) 5~~9-~~ ~r,e~,~ifay of each mo~th thereatter, togetner. v~nth s F~NA~ BA~LOON PnvMENT OF: ANNUAL PERCENTAGE RATE 13~~t6 5 DUE ~d .19 TAe Baok shdl impose a delinquency charge against tha Make~ on any payment which has becoms due and remai~s in default for a period in extest of 10 - ~!~ys ~n sn amount equal to 5~G ot the amount oi the pri~cipsl part of the payme~t in default. In the event that the Note is not paid in full at maturity, sll psy- ments, whethar principal, in[erest or othe~wise, shatl bear i~terest at tAe maximum legal rate allowed under the law. All payments made hereurwi~r shall be cred~ted first to inte?est and then to principal, however, in the event of defwlt, the Bank may, in its sole discretion, apply any payment to intertst, prineipsl ,ndtor Isw(uldwrges then accrued. It is The in[e~tion of the parties he~eto that ihe p:ovisions herein shall not p~ovide directly or i~direetly fo? tAe psyment a 9r~tK rste of interest or tha retention ol any other tharge than is sllowed by law. If, for any resson, interest in ezteu of such legal rate or s charg! pro- n~h~ced by Isw shall at any time be Faid, any such exceu shsll either co~stitute and be treated as a payment on the principal or be refunded directly to.tbe ?~.?aker. TM IYWkRr may prepay the entire unpaid balance of the loao at any time. It the loan is prepsid in full, atcelerated or re~inanted, the Maker shell reCtive : efund of th~ unearned por•tion of the interest and insurance premiums compuced by tAe Rule oi 78's rn~thod, sxoopi that the 8ank shall be entitlad to retain - , minililUM iOtf~ltt ChD?gC Of i~J.~. - _ CR@pIT LIFE AND CREDIT LIFE d~ OISABIIITY INSURANCE ARE VOIUNTARY AND NOT REQUIRED FOR CREDIT. Such inwrsno~ tovarsgs it ~;vai~abte st the cost designated below fo~ the term of the credit: (a) S~1~~ tor Credit Life Insurance ib) S 'nr Credit Life dt Oisability. I~wrance: A~~~• f~ Check ~ i:radit Life Insurance is desired on the life of ~Q'a ~17~ ~i~ Birthdate 4~2~1~ App~. ?G~dit Life de Disability Inwrance is desired on Birthdate Box ? Gedit Life at?d/w Disability 1 t desired., r Date~ i L SigneturE AFTERAC~WREO?NO~ERTYWIIIlESUtlECTTOTHES URITYINTERESTANOOTHENORfUTURE1NDEtTEDNESSISSECUNEDBYANYSUCH~HO?ERTY,ASFOLLOWS: Maker hereby qrsnts to Bank a seturity interest i~ the property, i( any, destribed in tl?e spate below and in a11 other property of Maker now or hereafter in Bank's potsession, ar?d suCh seturity interest shall also sacure all other I~ab~lities of Nlaket to Bank, whetAer prirt?ary, setondary, dirett or conti~ge~t, present } ucure. The afpresaid seturity incerest excludes the Makers prirt?ary residence unless seid primary residente is described below. SlC~ ~~~OCti l, SOYt~I ~O!! St. l.riC1~~ ~t ~ ii d~iC?fb~ ~ ft~~ ~0~lt,~/e. I! the Bank requires [he Maker to obtam ~nsura~ce cove.age against fass or damage to the collateral securing the Makers mdebtedn¢ss to the Bank, tAe Maker ~ ~v obtain such coverage irom any agent. broker or ~nsuror aCCeptable to the Bank. • I[ is jointiy and severally covenanted and agreed with the Bank by each Maker, endorser, surety, guarantor, arxi other party to th~s note (all of whom are .•-emafter tor brev~ty called Obliqor or pbl~gors) that: ; Bank shall exercise reasonable care m the custody and preservation ot the Collateral and shaU be deemed to have exerc~sed reasonable care if it takes wch i c ~on (or that purpose as Maker shall reasonably iequest ~n vwrting, but no om~ssion to comply with any request o~ Maker s~all of ~tself be deemed a failure to ~ ~•e~c~se roazonabk ca?e. W~thout limrtmg the generality of the forego~ng, the Bank shall have no responsibility for ascertaining any maturities, calls, coover- G s_~n, exchan9es, ofters, tenders or simila~ mattars relating to any of the Coliateral, nor for intorming the undersigned with respect to any thereof_ Bank shall not ~ ' :;ound to take any steps necessary to preserve any rights in the Collateral aqai~st pripr panies, and Maker shaU take all necessary steps for such purposes_ 8ank • ° ~rs nominee need not collect interest on o. pru~cipal oi any Collateral o~ give any notice with respect to it_ Right is hereby expressly granted to the Bank at its t :~c~on to trans(er at any t~me to itself or to ~ts nominee any Collateral and to receive the income thereon and hold same as securiry here~or, or apply it on the ~ u•~r.cipal c+r interest due hereon o~ due on any I~ability secwed hereby. ~ Upon the happemng of any ot the followmg events, each o( which shall constitute a default hereunder, or if the Bank deems itself insecure, the entire unpaid :nceof this note and atl other 1ia611ities of each Maker to Bank shatl the~eupon or thereafter, at ihe opUOn of Bank, without notice or demand, become imme- ,rety due arxf payable: ia) ~adure of any Obligor to perform any agreement hereunder or to pay in full, when due, any liabll~ty whatsoever to Bank or a~y in- ~ ment thereof or i~terest thereon; (b) the death oi any Obtigor; (d the filing of any petition under the Bankruptcy Act, a any similar tederal or state statute, ~ ; or against any Obligor; (d) an applicat~on for the appoimment of a rece~ver fqr, the making of a gene~al.assignment for the benefit oi creditors by, or the ' ,~vency of any Obhgor; (e) the e~iiy oi a judgment against any Obligor. (f) the iswing of any attachments or garnishmen~, or the filing of any lien, against ~ ~.y property of any Obl~gor; (g) the cak~ng of possess~on of any substant~al pa.t o1 the property ot any Obligor at the insta~ce oi any govemmental authoriry; ~ che d~ssolution, merg¢~, consol~dat~on, or reorganirauon of a~y Obligor: the dete~mination by Bank that a marer~al adverse change has occurred in the ~ ~+naal condition oi any Otrhgor (~om the condiuons set forth ~n the most r~ent finanual statement of such Oblrgor heretotore furmshed to Bank, or from ~ condition oi such Ob~~go~ as heretoipre most r~endy dixlosecf to Bank ~n any man~e~; or that any.Nrairanty, representation, cert~Ficate, or statement ot any '.~:i+qo. (whethe? conta~necf m thn note or not) pertammg to o? m connection ?wih th~s note or the Ioan evidenced by this note ~s not true: Ij) the assignment by ~ Maker ot ~ny equ~ty m any of the Collateral without ~he wrrt[en consen[ of gank; Ik) tailu~e to cfo all things ~ecessary to preserve and maintain the value ~ coUecubility of the Collaterat, ~nclud~ng, but not timited to, the oayment o~ taxes and prem~ums on pohc~es of msurartce o~ ~he due date without benefit ot gr~e pMiOd. = Unless the Collateral is penshable or threatenz to ded~ne speed~ly m value or ~s of a type customar~ly sold on a recognized market, Bank will give Maker rea- ; n~,i,le nouce oi the t~me and place ol any publi~ sale ~hereof or oi ~he t~meatte~ wh~ch a pnvate sale w~ll be held. The requirement o( reasonable notice shall ' • met if such notice ~s ma~led, postage prepa~d, to any Maker at [he address 9~ven be~ow or at any other address shown on the records of the Bank, at least ten f ~:ys before the time of the sale. Upon dispos~hon of any Collatera~ atter the occurrence of any defauN Aereunder, Obllgors shall be and remain liable for any ;~`~c~ency; and Bank zhall account to Maker ior any surptus, but Bank shall have the r~ght to apply all or ar.y part o~ such wrplus (or to hold the same as a _ ~•serv¢) aga~~st any and all othe~ I~ab~hUes of each or any Maker to Baok. ; 8ank shall have, but shall not be I~mited to, the follow~ng nghts, each of wh~ch may be exercised at any Ume whether or not this note is due: (al to pledge ~ • r~ansfer this note and. the Collateral, vrhereupon Bank shall be relieved of all Auues and respo~sibilltres hereunder and relieved (rom any and at~ liab~tity with ' -°snPCt to soy Col{ateral so pledged or transterred, and any pledgee or transieree shaU (or a~l purposes stand in the place of Bank hereunder and have all the a ~:hts to Bank hereunder; Ib) to trans(er the whole or any part of the Collateral mto the name of rtselt or its nominee; (c) to noti(y the Obligo~s on any Collat- ro make payment to Bank o( any amounts due or to become due thereon; (d) to demancf, sue for, collect, or make any comprom~se or settlement it deems ~ ~..s~-aWe vrrth reference to the Collateral; and (e) to take possession or control ot any proceeds oi Collateral. No delay or om~ss~on on the part ot Bank m exerc~s~~g any rght hereunder shall operate as a waiver of wch nght or of any other nght under this note. No 's .v::~•rer or alieration shall be b~ncing on 8ank unless in a writing sgned by an author~zed Bank o(ficer, and then only to the extent.specil~cslly set forth therein. q Ns?ntrr~nt, demand, protest and not~ce o( dishonor, are hereby waived by each and every Obligor. The tak~~g of a re~?ewal note without the sigr?ature oi arry ~ ^~,,ker or endorser 1lable on th~s note shall not be deemed a payment or d~scharge of this obl~gation a~d the liabiliry c~eated hereunder shall continue until this ~~t? ~s paid in full. The Obhgors, ~oindy and seve~ally, p~omise a~d agree to pay all costs oi collection, including a[torneys' fees equal to 10Xi of the amount ~ ~~.,nced, or such larger amounts as may be reasonabte and ~uzt ~f collected by legal pr ings or through an atturney at law, including appellate p?oceedings. ~ T ers~ n acknowled~e receipt of a complet copy of this note on this date. ~ ~ 30bS Prdtt ~oa~,T~o~rt st.Lrel~,F1.3345 ? _ (SEAL) . ~ .r~ ~t . ;•t-rss • ~ a'~'~'V ~ (SEALI ~ YOVj !A ~,_k ~?~f ~ n~