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Home My WebLink About0933 . - . . - , . . ' DISCLOSURE NOTE FOR INSTI~ILLMENT LOANS Drlt J~~ ~ti ~ ~a Amount Rece~ved s 21.000.00 BANK NAME (8) Pr~mium tOr Cr~dit ~ ' life/Oisabil~ry Ins. S ~a" 7~ ~r~r ~iti~ n• ~s~ IC) Uocumtntary Stamps S u•~s OFFICE AOORESS (D) Oth~r CAsr9ss I~tem~ie) f ~ ~ E? s -a- NOTE NO. ~ UATEO: ~_u . 19_~. (F) S ~0"' (Gl Amount F~nanced DuE: ,~g~_. (A, B, C, O, E, FI S=1.Q~1.6s (H) Interest S PLACE: J~~ s~~ti , FLORIOA UI Gedit Invtsugat~o~ S ~ o~n.. s -Q- For vatue rece~ved, the unders:gned (hereinatte. wued "Maker") jantly and s~verally Gf (K~ S more than one) p~om~se to pay to the order of the Bank, st its oifice I~s~ed above, the Toa1 ot PaymenTS Ilrom INI at rightl 01. ~1'~~151_~ DoltarspaYab~e ~n Ill S ecwal montMy installmenu of S Zn~~~ , tM t~rst ~MI FINANCE CHARGE IH, 1, J. K. L) S~a~~•~S ~nstallment due on 7..1r ~1 , 19~_, and wbfequent installments due o~ (N) Totsl o( Payments (G + M) S~•~1•~ ~hp~sday ot each month thereafter, together vmth s FINAL BALLOON PAYMENT OF: ANNUAL PERCENTAGE RATE ZO.OO % 5 ~f1~~_ DUE .~~ff.. . 19 ' TM Bank shall impose a deli~queney charge sgsinst the Maker on anY psYment which hss become due and .emains in default for a period i~ exceu ot 10 ciays in an amount equsl to 9K of the amount ot the principsl part oi the payment in default. In the event that the Note is not paid i~ full at maturity, all pay n~nts, whether principal, interest w otherwise, shall besr interest at the maxirtwm legal rat~ allowed uader the 1aw. All payments rnade he~eunder shall be credited fint to inttrest and then to principal, however, in the event of default, the Ba~k may, in in sols discretion, apply ar?y'payment to interest, principal and/or lawiulcharges then accrued. It is the intention of the parties hereto that the provisions herein sha~t not p~ovide directly or indirectty tor the payrt?ent of a greater rate of interest or the retention ot any otAer charge than is allowed by law. If, tor any reason, inte?est i~ excess ot sucJ~ ~egal rate or a charge pro- by f3w St~efi di ony t~m~ u8 paid, any wch @iii,cii i~dtt 8iiri@i COilititutC ariii be tr'retBd "ai a pey~ieni un ii~e princiNa7 'v~ ~i£ fH~iiild~iS U'iieCii~f I6 ti~8 Maker, Tha Maker may prepay the entire unpaid balante oi !he loan at any time. If the loan is p.epaid in full, accelerated or refinanted, the Maker shall receive a rsfund oi the unearned portion of the interest arxl insurence premiums computed by the Rule ot 78's method, except that the Bank shall be entitled to retain ~ a minimum interest charge of sS.~Q. CREDIT LIFE ANO CREDIT LIFE & OISABILITY INSURANCE ARE VOLUNTARY AND NOT REQUIRED FQR CREOIT. Such inw?snce coveraye is availaWe at ihe cost desgnated below for the term of the uedit: (a) S ~d for Credit li(e Inwra~te Ib) S tor Credit Lite A Disability Insura~ce: Cneck - u Gea~t L~fe insurance a desuea on tne Ufe of ~s~rmda~e Appl. ? Gedit Life de Disability Insurance is dairad on B~?thdate Box Gedit Life snd/or Disability Insurance is no red. j~ ~ Date: J1M 19~ Signature Signature AFTERACQUIRED~RO~ERTYMIILIBESUlJECTTOTHE RITYINTERESTANDOTHERORfUTU INOEeTEDNESSISSECUREDBYANYSUCH~ROPERTY,ASFOIIOMfi Maker hereby grants to Bank a security interest the property, if any, destribed in the spxe below and i~ all other property of Maker now or hereafter in Bank's possessan, and suth seCUrity inte~est shall atso seture all other tiab~tities oi INaker to Bank, whether prirr?ary, setondary, dirett or contingent, present or future. The afpresaid seturity interest excl~des the Make~s primary residence unlgi~said primary residence is described below. ~.sr 107y, s~ees,oa u at~ieos s~so~rt. ot Is~s~a .t xscela Zs1.sd as daestb.i ia .sid .o~ts,as~. ~ - - 197! Zars 8 z 32 i~o~o~ss 8~sial 1t~. ?067l03a _ If the Bank requ~res the Maker to obtam msurance coverage agamst loss or damage to the collateral secunng the Makers indebtedness to the Bank, the Maker i m;y obta~~ such Coverage from any agent, broker or insuror acceptable to the Bank~ It is jo~ntly and severally covenanted and agr¢~d with the Bank by each h7aker, endor~r, surety, guarantor, and other party to this note (all of yrham are j ne~e~nattet fOr brEVity talled Dbligor or Obligorsl that: . I Bank shall exercise reasonable care in [he custody and preservauo~ ~ the Collateral a~d shalt be deemed ~o have exerc~sed reasonable care if it takes such ~ act~on for that purpose as Maker shatl reasonably r¢quest in vw~ung, but no om~ss~on to comply with any reyuest oi Maker shall oi itselt be deemed a faiture to j e~erc~se reasonable care. W~thout hmiting the generalrty oi the foregoing, the Bank shall have no responsibil~ty ior ascertamin9 any maturities, calls, conver- 4 s:on, excha~ges, olters, tenders or sim~tar matt~rs relati~g to any o1 the Collaterat, nor tor infwming the unders~gned with respect to any thereof. Bank shall not f t;e bound to take any steps necessary to preserve a~y rights in the Collatera~ against prior parties, and Maker shall take al{ necessary steps for such purposes. Bank ~ o~ ~ts nominee need not collect interest on or principal ot any Collateral or g~ve any not~ce with respect to it. Rigfit is hereby exp?essly granted to the Bank at its i opuon to transter at any time to itsett or to its nominee any Collateral and to r~~ve the income thereo~ and ho~d same as secunty he~etor, w appty it on the ! p~~ncipal or interest due hereon or due on any liability secured he.eby. ~p Upon the happening ot any of the follow~ng events, each of which shall constitute a default hereunder, or il the Bank deems ~tseN ~nsecure, the entire unpaid f !,r3iance of this note and a~l other I~abilit~es of each Maker to Bank shall thereupon or thereafter, at the opt~on ot Bank, wrthaut not~ce or demand, become imme- -~~~t2ty due and payabte= (a) tailure of any Obligor to perform any agreement hereunder or to pay in tuli, when due, any tiab~ilty whatsoev2r t~ 8ank or any in- € sc.~iment thereot or interest thereon; (b) the death of any Obligor; (c) the filing of any petition u~der the Bankruptcy Act, w a~y similar tederal or state statute, ~ t,y or against any Obligo?; (d) an application for the appointment of a rece~ver for, the making of a general assignment ~or the benefit o~ creditors by, or the . ~ ~nsotvency of any O~hgor, fe1 the en[ry of a judgment agamst any pbhgor, (t) the issuing of any attachments o. garnishment, or the filing of any lien, against :ny property of any O~ligor; {g) the tak~ng of possessian of any substantial part ot the R~aReftY ot any Obl;g~r at the ~ns:~.^.cc c! a^y gavernmental authority; ~ ~ ~:1 tne dissoiution, merger, consolidauoR, or reorganization ot any Obllgor, (i1~ the determ~nation by Bank that a matenal adverse change has occurred in the ~ %~n~n~iai ct~ntlitiun ot eny OLt~y~r irorn tt~ iar~it+cnn sei far:h in iAe mast re~ent !inancia! staterrsent o! ;ach Obt:gor heretofore f~rrished'a6 SaiIIC, 81 irom che condrtion of such Obhgor as heretotore most recently disclosed to Bank in any manne.; or that any warranry, representation, certificate, o. statement of any ~ Ob1 ~gor (whether conta~ned ~n this note or not) pertaming to or in connect~on wnth this note or the loan ev~denced by this note is not true: the assignment by .ny Maker of any equ~ty in any oi the Collateral without the written conse~t of gank; Ik) failure to do alt things necessary to preserve and maintain the value ~ ~nd collectibfity of ihe Collateral, includ~ng, but not limrted to, the payment oi taxes and premiums on policies of ~nsurance on the due date without benetit of ~ the gtaee period. ~ Unless the Collate~a~ is penshaWe or threa~ens to decline speeclfly in va~ue or is of a type customanly sold on a recogmzed rna~kef, Bank will g~ve Maker rea- - v~nable no~ice oi the t~me and place ot any public sale thereo( or ol the ume atter wh~ch a pr~vate sale will be held. The requlrement of reasonable notice shall c:? met if such notice ~s ma~led, postage prepaid, to any Maker at the address given below or a+ any other address shown on the records of the Bank, at least ten s ~~-,ys befwe tF?e time ot the sale. Upon d~spos~tion of any Collateral after she occurrence ot any default hereunder, Obligors sha11 be and remain liable (or any ~ r!?f,ciency; and Bank shall account to Maker for any wrplus, but Bank shall have the right to apply all or any part o~ such wrplus (or to hold the same as a ~ •ezerv¢) against any a~d alt othe~ hab~hties of each or any Maker to Bank. ~ Bank shall have, but shall ~ot be Iimlted to, the following nghts, each of which may be exercised at any ume whether o. not this note is due: (a) to pledge ~ n~ vansler this note arxl the Collateral, whereupon Bank shall be relieved o( all dut~es and respons~bilities hereunde~ a~d relieved fram any and all liabiiity with ~ respect to any Collateral so pledged or trans(erred, and any pledgee or transteree shall for all purposes stand the place o( Bank hereunde~ and have all the -~qh~s ta Bank hereunde*: (b) to transfer the whole or any part oi the Collateral into the name oi itsett o. its nom~nee; Ic) to notify the Obligors on any Collat- ~ e~al to make payment to Bank of any amounts due or 1o become due thereon; (d1 to demand, sue for, collect, or make any tomprom~se or settlement it deerns ~ de:~.able wiih reference to tbe Collateral; and (e1 to take possessio~ or control of any prxeeds of Collate+al. ' No delay or omiuion on the part of Bank ~n exercising any rght hereunder shall operete as a waiver of such r~ght or of any other r~qht under this note_ No ~ wa~ver or alteration shall be b~nding on Bank unless in a writing sgned by an authorized Bank otficer, and then only to the extent specif~colly set forth thtrein. R~esentment, demand, protest and notice of dishonor, are hereby wa~ved by each and every Obligor. The taking of a renewal note without the signature of amr ~ ~nake. or e~dorser hable on this note shall not be deert?ed a payment or d~scha~ge of this oWgauon and the hability creatzd hereunder shaU conhnue until this ~ r.~~te ~s paN1 in fu1L The Obhgors, jointly and severally, promise and agree to pay all costs of toUect~on, includirg attorneys' tees equal to 1~ of the amount ~ nanced, or such larger amounts as may be reasonable and just it collected by legat proceedin or throu~ an attorney at law, ~ncluding appellate p~oceedings. g The undersigrt knowtedge recq.~pt ot a co Ieted copy oi this note on this date. . ~ F,ddrets _~t 1~77~~~'~m u~ 1~~~ fYlb~n~ ~~J ISEALI p• 'Y1~lM~ ~ A~:dress ISEALI ~ , ' ~ g_V 311 ~A~E ~32 ~