HomeMy WebLinkAbout0620 ~ ~ ' 1HIS lOAN IKClUO~~tC INl'EREST i'iATE CWlRGEO IS ?lADE tf!
DISCLOSURE NOTE FOR INSTAI.LMENT IOANS ~~R.~AfrCE 1YI1H Atl~ !S AUTF:CSIZ~ ev ~KOUST:;~~
First National Benk of Fo~t Pierce ~ ~a A~+~~ R«~~w~ s~.• 000. 00
6ANK NAME (B) PtNniYm fOr Cr~dit 2 S2 . SO
u+.~a~n~i~N i~:. s~
P. O, Box 970 , Fort Pierce , Fla . 3 34 SO ~c~ o«„m.~?t.~r su~: s__ 13 . 9 S
OFFICE AOORESS (0) ~thN Charpes (itsmis~) =n~ne '
~ E~ s none
hOTE NO. 26-0049-0 OATEO: JL1R@ I3. ,~s 7~. tF~ tn~ne
_ (G1 Aawunt Finsnted ~f 9 266.45
~uE: jURe is ,~g ~2, ~ IA, B, C, D, E, FI S
• (H) lote~at S _f •
P~ACE: Fort Pierce . FlORiOA Cndit Invaiiq~iion S 2S. OO
o~n~~ s none -
For vslut rect~ved. tM undersqned (Mnioat~er tsll~d "M~ker") lo~ntly ~nd ssverally iit (K) s none
mo~e tMn on~) p~omiit io pay to fie or0er Of the 8ank, at itt ottiq lut~d above, the Toql
ot PsY~~ts (from (NI st .gAt) oi ~11 , 222 . 28 Do14rs psY+bM in 36 ( V S one
c~vat ~rantMy insts+~mcots ot S~11. 73 ~ t~ IMI FINANCE CHARGE 1~ 955. 83
~ (H, 1, J. K. L) S
~~,s~aurn~n~ dw on Tulv 15 ~ 19~. ~nd wbwqwnt i~ullernet~,dw on (N) Toul of'Payn»nu (G ~ M) S 1. 222 . 28
~nel S dsy ot eseh mo~th ther~~tce?, topether wiM s F~NwI BA~LOON PAYMENT OF: ANNUAL PERCENTAGE RATE ~2 -89 %
s_ none oue none . ~s
The Bank shsll imposs ~d~linpwney d~~ p~inst tM M~IcK on arW qym~nt whicA has b~com~ due ~nd rtmains in dehult tor ~ pKiod in ~xqss of 10
days in sn ~mount ~qwl to 6Xi ot tM ~mount of tAt pineipal pnt of th~ psyment in tN(ault. In tM w~nt that tM Not~ it not p~id in full ~t m~turity, NI p~y-
ments, wMther p?i~cipsl, intenst a othe~wis~. ~MII bar intKat at tM mucinwm la~l nt~ ~Ilowed urKNr tM Isw. All paym~nts erwl~ hueundK ihsll be
c.ediud fint to interast ~nd tMn to p~iocipsl, how~rlr. in tM evtnt of dN~u1t, tM Bank mty, in its w!~ d'aeretion, apply ~ny p~ym~nt to inttrest, pri~tip~l
endlor I~wluld+~ryes Men ~ecru~d. It it tM intK+tion of th~ psnies Mreto th~t tM provi~ia+t Mr~in shNl not provide di~eetly or inditietfy for the psyment
ot a gnatK r~t~ of ioterat w tM ntention oi any other th~ than is ~Ilow~d by law. Ii, for ~ny r~ssoo. IfltfrKt if1 fxCff~ Of f{!Ch I~N fatf Or ~ cMrp~ pra
~~biied by law sA~ll ~t ~ny tirm b~ p~id. any such exoas thall tithtr eon~tituu ~d b~ trpt~d as s p~Ym~nt on th~ princip~l a be nfund~d dinctfy to Me
Maker. TM Nbka may prp~Y tM entin unp~id Oalano~ of tM losn ~t ~ny tim~. Ii tM b~n it prpaid in tull, ~ocele?ated or r*finane~d, tM MNc~r shsll npiv~
a refund ot the urwrrnd wn ot tM iotetest and iiuw~no~ pr~miun~ car~put~d by tht Ruk of 78'f entthod, ~xapt M~t tM 8ank shMl b~ ~ntitNd to nt~i~
iu
a minirtwm intN~tt dfiryf O( OQ. ,
CREDIT IIFE AND CREOIT LIFE ~ DISABILITY INSURANCE ARE VOLUNTARY AND NOT RE~l11RED FOR CREDIT. Snd~ imuranw oovKp~ is
availaW~ K tM oost tNsipnatld bNow tor tla brm of tM a~dit: (al.: Z 52 . 50 fdr Cndit lii~ Inwanp (b) S
for Cndit Lif~~ Oit~bility Inwr~net: - ~
Chec1~O~E?r~dit Lif~ IeKU~~tp it d~ind o~ tM lif~ ot Robett A. Oliver e;.a,dsce 12 /1 /27
Apv~. ~ Ondit LH~ 8 Ditabiliq I~auranet it drs+nd on Bi~thd~ts
Sox ? Cndit Uts and/or Ois~bility tn~xano~ w not -
~iQ: lune 13, 1979 s;9„~t„~ wR
AFTERACQI/REOMOrENtYMfILL~EtUlIECTTOTMEi URITY NTEREtTAMDOTNE1t011F{ITUREIMDEtTEDNE~tISfECURED~11AN1ffUCN?ROrERTY,ASFOLL0INS:
Msk~? hK~by ~r~nts to B~?k a s~eurity int~?est in property, if ~ny, d~tcrib~d in th~ tp~e blow ~nd in NI other property of Mak~r now or Mits(ter in
Bank'~ poaaaion, and suCh s~curity inte«st sh~il Mso Neuro NI oth~r li~bilitits ot Nbka to Bank, wh~th~r primsry, acor+dary, dihet or coniinpent, present
or future. Th~ sforwid t~writy intKest ~xclud~s tfie Mak~rs pirrnry r~nce unl~at s~id primsry re~ideno~ is de~cribed betow.
Second Mortqage
Lot 24, Block 71, South Port St. Lucie, Unit 5, as per plat thereof recorded in Plat
Book 14, pages 28A thru G, public records of St. Lucie County, Florida
ii the Bs~k rpuires tht MsRer to obtain i~surance cov~ra~e agrinst lou or dartwge to the colbteral securing the Makers inclebtedness to the~Bsnk, the Maktr
rna y obtain wch cove~~9e 1rom sny s9ent, broker or inwror scceptable to the Bsnk.
It is jointly snd tererally tovenu?ted ~nd ~yre~d with the Bsnk by tath Msker, endorfer, surety, gusrantor, snd otMer psrty to thit not! (NI ot whom are
herei,iaftK fw b~lvity Calltd Obliqor Ot Obligprt) thtt:
Bank ~11 exercis~ rNSOnablt csre in the custody ~nd preservacion ot the Collatersl srx! shsll be deemed to have exereis~d rusonsble csre it it takes such
~ ection tor that pu~pose as Maker shall rqson~bly requett in writing, but no om9ssion to tornply with any request oi Msksr sbsll of itself b~ d~emsd s f~ilure to
~ exercite reaso~ible CNe. Without Iimiti~ the 9e~erality of the toreyoirg, ehe Bank sha11 h~ve no re~pontibility tOr ~ceRSininp any rtyturitiet, p~ls, Conver-
~ sion, ezchsnyes, oftert, tenden w simil~. mstdrs r~latirg to ~ny of the Collateral, nor tor informing the und~rsiQr~d with nspeet to ~ny tNereof. Bank sAall not
~ be bound to qlct ~ny aps necewry to pnse.ve ~ny rghts in the Collatersl sg~inst priw psrties, and Mslcer shsll t~ke NI rncess~ry ~t~ps tor wch purposes. Bsok
r or its nominN r~d not colleet inte~est o~ or princiql of ~ny Collsteral w give sny notic~ wiM rapet to it. Right if hereby ~xPr~ssly yr~ntad to the B~nk ~t its
option to tw~fK ~t snY time to itsNt o? to its namiMe sny Collsteral ~nd to reosive the inewnt thtraon and hold s~me as f~cu~ity Mrefor, or spply it on the
~ principsl or i~tenst due F~son or due on ~ny lia~bility s~turtd hereby-
~ Upon tM happ~ni~p of ~ny of tht fol{owing tv~nts, MtN of whith shsll oonstitute a d~f~vlt hKeunder, O~ if the B~nk d~ems iuelf in~awh, tM ~ntirt urpsid
balance of Ma note snd all othK li~biliti~s ot esch Mska to 8ank shatl tF~~upon or tAere~fcer, ac the option oE B~nk, without notice or d~msnd, b~cane inune-
~ diataly due and p~yibl~: (sl f~ilun of any Oblipor to p~rlorm s~y aprrement h~hun~kr or to psy in full, wM~ due, enY tisbility whstsw~rrr to B~nk or any in-
~ stalrntnt tMnof or intKett tMrwn; (b) che d~a~h ot sny Oblipo?; (t) the filinp of sny p~tiYw~ under tht BankruptCy ACt, or ~ny similar f~denl or stst~ statute,
~ b~ w a~piint ~ny Oblqw; (d) an appliutio~ for the appantm~nt of a noeiver tor, th~ mrkieg of a p~neral aagnen~nt for the bMefit of u~ditas by, or tM
~nsolventy of sny Oblgor: (el tM entry of a l~~t apainst ahl Oblpor: (f) tht iswing of ~nY attathments o~ qarnishment, or tfie filinp M~nY lien, p~inst
eny propercy of an~r Oblipw; (9) the ukirg of poa~ssion oi u~y wb~anti~l pat of tMt propeny Of aMr Obliyor at tM instsnop of ~ny porernmentsl wifiwity;
(h) the dipolution, mtrper, oo~olidation, w?eotytnization of ~ny Obligor: (i) the d~termie~stion by Bsnk that a msterial advtrte cMrpe Ifas oocu~red in the
f inanci~l owdition of ~ny Oblippr trpm the co~ditions set forth in the most r~nt tinantist ~tatMfe~t of such Obligo? hK~tofo?t furnished to Bsnk, or i~om
~ the eo~dition of such Oblgw ss I~eretotore mat npntly ditdo~d to Bank in sny rt~N~ner; or that ~ny wm.nty, r~preanrnion, ce.tifiau, p tt~t~ftflnt O~ My
~ Obl igor (wM[her eont~imd in this ~ote o. nm) pnaininp to or in eonnectia+ with tha non or tM loan widencad bY thit note is not t?w; (j) tM saiprw~ent by
~ any Mak~r of sny puity in sny of the CdlstNal withput d~e writt~n tOn~ent ot Bank; (k) fsilu~e to do all thinps r~eestsry to preservt snd m~intsin the vatue
~ n~n+ COtNCt~ility Oi th! C.OUi[Kil. it~C{Yd'tnp. but fldt Iirtlii~d t0, th~ Raymtnt of tsxes snd pmniums on policas ot imu~ance on the due d~tt without benetit of
the gr~p pNiod.
± Unl~t tl~ Co11~ee.sl is perish~bl~ w thnatens w declin~ ~pe~dily in vatw w is of a typ~ cuscortarily sold an a ncop~ired market, 8ar?k will give Mske? res-
; sonaWe notiee ot the time s~d place ot ~ny publie ssle thereoi or of the time aiter which s priwte ale will be hNd. The requirement of n~son~bls notice shsll
~ be met if wch notict is m~+led, postige p.eWid, to ~ny Nbk~. at tf?s addre~t piv~~ below or st s~y otMr address s~+own on the rttords of the B~nk, at last ten
days befwt tIK time of tht ~alt_ Upon ditposition oi ~ny Collatenl ~iter tM occur?enq of ~ny dtt~ult Mreunder, Oblipon shslf b~ ~nd rertwi~ Ii~We ~a anY
~ dericiency; uid Bs~k shsll socount to M~ke. tor sny wrplin, put Bank shall hsve the ~ght to apply all w any psrt of wch wrplus (o? to hold the same ss s
reserve) piintt sey snd all othlr liabilities of ~sCA Or ~ny 1N~kq t0 B~nk,
; Bank shall have, but sAMI not b~ Iienited to, tM ~olbwirg rqhts, tsch of which m~y be exacissd at sny time whetM? or not this .wa is due: io pNdge
~ or trsnsier tl~is no~e ~nd the Coll~te~sl, MA~supon 8ank shNl be rNiewd oi ~II duties ~nd nsponsibilitits hertur~de~ ~nd ~Nievrd irom any ~nd alt lisbility with
; respeet to ~ny Cdlsteral so plufy~d or transiened, and iny pled~ee or trsndKee sh~l1 iw all pu~poses stu~d in the pl~et oi Bank hereunder nW have ~II the
' ~~ghis to B~nk hereunder, (b) to tnnsftr th~ whole or aM/ ppt of M~ Collatersl into the nsme of itself or itt nomirne; (d to notify the ObliOort on any Co:lat-
~ eral to mske psymsnt to 8ank of sny smounts dw or to b~tort~e dw tfwreon; (dl to dertund, sue tor, tolktt, w rt»ke sny comp~omite or fettlement it deems
~ des~rabk with reference to the ColNter~l; ~nd (e) to uke po~session or contrd of sny proaeds of Cotlate~al.
~ No ANay ot omission on the part o( Bank in exertisinp sny right htnundtr shall oper~tt ss a wriver o~ wch ri9At w o~ N+y other right undK this not~. No
~ waiver or altention shall be bi~dirq on Bank unless in s writin9 siyned by an wtfiorizsd Bsnk otlicer, and'then onfy to Me extent spaciiically tet forth therein.
x P~esentment, demsnd, p~otat snd notice ot dishorwr, ~re hereby vwired by exh and every Ob11gw. The akir~y oi a rer+~wil note without the s_gnature of any
~ maker w endwses lisble on this note sAsll not be d~enxd ~ payment w dischuge of Mis obligation and tM lisbility ereated herevnder sh~ll eo~tinue until this
~ note is psid in lull. The Obligon, jointly snd feverslly, promise and aqree to pay i~l cosn of cotlection, i~cluding attorneys' tees equsl to 10% of the amount
f,nanced, or ~uCh larper amounls ~s msy be reasorwble and lust it ColllCted by k9sl prOC~edirqs O? thtOUp11 an ~ttomey at law, inCludin9 apf~ll~l! p~Oteedings-
~ The undeniqn~d r~aip~ o~ ~ completed of te on this date.
~ 1S65 Cambridae Dr. , Port St. Lucie, Fla. (SEAI)
~ 33452 - o ert A. O e ~
' Address (SEAL)
~ ;oan A. Oliver
; ~ . ~ ~ . . . : ~~,u~ 311. ~a~~ 619 .