HomeMy WebLinkAbout1779 ,v '
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. ~ISCLOSURH NOTE 'FOR.111lSTALLMENT• LOANS'i'~;, ~ • ~ ~ ~ ~ ' '
. . ; ; ~,,;i •,?~?'~'t ~ t~? a««~?.a ~ s 2 , 500~ 00 ~
First National Bank ofFort Pie . ~ . . . - . • . c..d~~ ~
- , . 9ANK N E ~:s ,f,t ~ ~'Lih/Oi~biliql (~s. = 7~: 64
• ~C1 o«wina?an su~ro• s , 3.90
7 ~ Fort~Pi~~~F~],~ ~~ecn
P . O. Box ~9 0 . ~ , ~ y =non~
FfICt ADOREis : . t .,1 c ~CI OthM Ch~rpM
. . . ~ . • . ~ . ~ • . i~ :non~ • ~
~ . . ' . . o~?TEO: ~.'~une 22~. . . ~ ~is~9 ~ ~F~ . sIIQn=
NOTE NO. - . . _ ' ~ ~ '
. . ~ . - ; : • . tc1 /?n?oune F~~enc«~ =2 574.54 ,
?une 15 ~ . . . . - • . ~ ~s~,? • tw. s. c. o. E. Ft .
DUE: ' , , ~ , • (Hl Inan~t s ~ '
Fort Pierce . . . . ~ ~ , F~;owia? u? o~ac ~~«~.i~ . sg~ne •
PLACE: . . . ~ . _ . u~ ou~.. :n.,,,o ~
Fa wlw r~piwd. tM w+dKSi~+d (Mnin~ftN plMd "M~Ic~r") lointly and fw~rNM (if (K) . s .
more tMe on~l p~onk:s to PW to ~ a~' of tM BM+Ic. ~t iq offiq lisad abow. tM Toal (U ~
of PaymMta (fro~a IN) at ?ghd of _ 3.139 . 56_ oo~~swvsbN 36 - ~MI FINANCE CHARGE ~ '
equsl monthhl insWlnwnts ot s 87 2 ~ tM firtt (H, 1, J. K. U = S
sS -
02
;,,,t,,,~,,,,,t d,~. a, ~ Tulvr 15 . ,»Z,~. «a wo.ww~t ~~~.^n aw a" (N) Toal of P~ynNna (G + NIl s 3.139 . 56
~n._l~dsy ot wd+ n+oncn cM.a~tK. toquhK wid~ a P~NA~ 9AL~OON PAYMENT OF: _ ANNUAL PERCENTAGE RATE13. 37 X,
none ~ ovE . . none .,s . ~
s ~
Th~ B~+k ~hap impo~ a ddinq~MneY dw'~ ~t ~ M~kM on MW P~!?mrt?t whieh ha~ bicon~e dw ~nd nrt~~ in d~f~ult for ~ DK1od in atoM~ of 1
dava in an snaunt ~V~+~ to 9!~ oi tM ~mount of tM P~~1Pr P~ of th~ PWemnt ie cMfsult. le tM ~vM~t thtt tM Nott is not Psid N tull ~t nrturitll. ~ PN~ .
menn. ~ P~~• int~t or od+wwiM. ~Aall bw 1nt~r~st at tM nwdn+wn IpM rat~ albrwd wd~ tM taw. All WYn~?a emd~ Mnunda ~hall b~
cndit~d firu to Nt~nst and dMn t~ priecb~. ie tM ~ant of d~fwlt. th~ 8tnk nr1l. in iq sol~ dMoortion. ~OMY ~'1/ WYnwu to Mn~n~t. P~t~ciPM
u It is tM Mt~ntion of tM P~ thst th~ Pro~bru Mn'^ aMN not P~~~ d~h? a indineUY 10~ Nw prttnant .
and/w Iswfuldw~a tMn aoetud. .
of a 9~tsr tst~ oi Mt~nst ot tM nantioe of srW o1Mr ehary~ dwn k allow~d bll law. It, for anY ~~on. Mt~ in acaat of wd~ or a ehrl~ Pro-
hibiad bY law ~111N at siW tiltlt b~ pMd. a~11 111Ct1 ~xoM~ ~hall ~itl~ COmtitut~ Mfd b~ trMUd ss s WY (ull,t~oal~st~d oi ~i11Y1C~d, tM Mak~rd ahd~ nesiw
Mak~r. Th~ M~k~ ~nsY W~P~Y ~~ntin unp~id bMana ot tM lo~n at anY tirtr. If tM lo~n is P~~ ~
s refund of ~ ueanwd Porlio~~of ~ int~nst ~+d inausr~s pra~nNUn~ oa~puUd d'~? ~ RuI~ of 78's nrthod. ~xaPt that tM 8aek sh~il b~ ~ntiWd to nain
s minimum t~r d+M~ of S5.
CREDIT ~fFE AND CREOIT I.IFE a ~ISA6ILITY INSURANCE ARE VOLUNTARY AND NOT REQUIRED FOR CREOIT. Sud~ Mruano~ oows~ h
avsil.ba ~t tM ~at dwi~+aad bdow tor th. an~ of tlw a~dir.~ b) t 70 . 64 tor C.~~dit uh ~rauae~ tb) _
ta (~r~dit Uft ~ Dit~bilitl/ Pa~S _ g-~~~12 /1(1/9 S
cn~dc ~dit l.it. lmvsna is d~ind on tM lib ot _7~~=s~8.~ : . .
? Ondit Lih 8 Dipbilitll Itau~sno~ it d~ind on Birthd~t~
.
Box ? Gr~dit Lih aed/ar Ois~bilitl/ I~rur~ i~ not dMir~d. ~
?une 22 , 1979 s~.wn. ? S'~"t"" .
oat.:
AFTEl1 ACaWREO MO~E11T11 wILL tE=U~IECTTOTiIEtE IIITY INTEII ANO OTilE110R F~
~
E~~~ a~ ~
M y ~o~
~p
Y~ti of Malw now or ~Oh~es~~ i^
Mak~r hK~bY qn^a to 8ank ~~eurity int~nsi in tM P~~tY• if sny dacr~d
Bank's poakMion. snd weh s~twitY inanst sAall also s~eun ~II othN liab~liti~s of FAsIcK to Bsnk, whethK ~~~eondsr1l. dit~et o~ contirgitnt. O~rs~nt
or futuh. TM sfonssid a~twity iM~nst ~uclud~s tM MNcws P~~~Y unl~ss ssid prlnwY nsidena
Second Mortgaqe- First National Bank Holds First Mortgaqe
Lot 4, Pine Tree Park Subdivision, according to the plat thereof as recorded in plat book 15
Paqe 27, of the public records of st Lucie CountY , Fla.
If tM 8snk requins th~ Maker to obsain inwru+t~ cow*a9~ agiii?st loss or damsge to the collatersl s~curing tha Makers ind~bt~dn~ss to the Bank, tlN Mskar
u+e
may obtain wch oovK~ from u~y spt~t, brokN w inwror scnP~~ to the Bsnk.
Ic u jancly snd s~erally ~~ced and sprwd with tM Bsnk by esd~ Maker. endorser, sunttl. 9~a^~a< snd oMer PKtY eo this noa 1a11 of wham ars
~ herein~ftu fot b~t~rih? Cs~lld Obliyor or Obl~yors) tfist:
~ 8snk shsll ~xKCis~ rpsonaW~ tar~ in th~ eustodY a~d premation ot the Co~btersl snd shall b~ deem~d to hav~ ex~rcissd na~onsl~M qr~ if it tak~s wch
s action for tAst purpo~ as Ms~K s~a~l r~^~y in writing. but no orrNU~on to comph? w~th a^y ~4wst of Mslca s1~s11 of iuNf b~ dNm~d s tailure to
i exercis~ ?NwnsW~ can. Without limitinp tM y~a~s~ity of tM fore9o~~+9. the Bsnk shsll have no ~apo~baity for ~~ts~
t srM/ th~nof. Ba~k shsll not .
[ sion, exdanYa, offKS, t~^d~n a s~~~ ~U~ ~~^Y of dN Collatasl. nor for informing the undersqr~f
~ be bound to tsk~ a~Y stps ~Y ~ P~!^N riyha in th~ Co1latNSt sgainst Pria P~~. ~ I1Rstc~ sMil talce ~1 nse~ss~rY stps for~ ~ Bsnk at i1ts .
or its nomina nNd not colNet int~?at on or Pnncipsl of sny Collataral o. giv~ sny no~ia with n~p~ct to it. Right is hMebY ~~Y 9~^
oPtion to trs~fN st anY tirtM to itsMf or to its nominM M~Y CoFlst~tN snd to naiv~ d+~ ineane Mereon and hokf,s~ne as s~euritl? ~or, or ~qP~Y it on tM
~ printipal or interlft dw h~non or dw on snY lisbil'~ty s~eurrd Mrrb1?-
llpoe tM haPD~~i~g ot ~ny of tM followirg w~^ts. Mel+ of which shall constitute s d~fsult hsrew~des, a? if th~ Bsnk dM+ns itsNf ins~w~t. tM ~ntir~ unP~id
balanetof dlis not~ snd alt atl+~ tiabiliti~s oi ~sch M~kM to Bank shall tM~wPo^ a d+~re~ftK, st tM OptiOn of 8snk, without nOtid w d~nw+d. bKOn~ imn+~'
diaMy d~M NId P~Yabl~: (s1 fsiluh ot aM? Ob~gOr to P~~ ~Y ~9~~~t htnund~r ot to W11 M full, wiMO dw. a~1/ (iabitity whatfo~M to B~nk Or any in-
stalmtnt dwr~of or int~st tMr~p?: Ib) ths derth 9f a~W lCl the filin9 of snY Pitition undN t!~ B~nkrt~tcll ~fo? th~ bN+~fit of Creditors b1?f o? ttM ~
by or p~i~t snt/ Oblgor: (dl an aPO~~ution for tM soPantn+~t of~~~ f~ o~ s~ri
~~ithrtMnt. O~ tfit tilinp of ~fly 1"Nn, sgainst
ir~wlv~neY oi sny OWipor, (e) the Mtry of a judprmn ~MSi ~^1? ntal sud+oritll:
any propNty of aM? Obliyor, (y1 N» [akirg of posmsion of u~y substsntial Psn of tM P~~?t1/ of any ablqor at ths instsnat oi anY h
~nd in ths
th) M~ dis~olution, nrrga, oonsolidstion, w rwrysni=atan ot ~ny Ob1gw: (i) cM d~tKmiiation bY 8snk thst s rtwcerial sd~~ chargt
fi~ancisl tondition of ao11 ~~9a from tht conditio~s s~t ~ortb it~ th~ most nuot finsncisl statene~t of wrh Ob1gw ~ f'
u'~ m~ of any
che condition of wch Obli9or st AM~tofw~ most ncenth? disdos~d to Bank in sny msnna: or thst any wsrrantY, np~esen
Obligor (wMch~+ conair+ad in Mis not~ w notl PK~ininp to or in conn~ction with chis not~ w tht losn tvidenced bf? this no to not ~ msin~valu~
any MskK of sny puicY in sny of tM Col~atenl witha+t the writu^ Co^s~nt of Bmk• (kl failur~ to do stl things necesssry D~~~
and coll~etibility of th~ Col~stersl, includi~g, but ~ot limited to, the WYmtnt of taxes snd P~„+~ of inwrance~on tM due dstt withart be^~fit of
:he qrsp pe~iOd.
Unlass tM Coll~teral is perishsble Or ihnstMS to detlir~ speedily in valw or is of s typ~ custa'na~illl sold a^ s retogniued market, Bank will giv~ M res-
sonable notiee of th~ tirt» snd p~~u of ~~y P~ t~~~~sa~ ~r~ 9af~ a s~ ~o~ opM reCOrds o the Bsnk, st INSt M'
be met if such nociee +s msiled. postag~ P~eW
. days b~fore tM time of the ssb. l1Pun disposition oi sny Co~lst~rsl after the occurrene~ ot any default Mareunde~, Obtigors shall be and remsin liablt tor sny
~ dafici~ncY: snd Bsnk shsll sccoune to Nbke. tor anY s~+rptus, but 8ank shsll have cM right to aPP~Y all o. aoY P~rt of wd~ w~plus (or to hold th~ same as a
" res~zrw) against sr~y and a!I other liabilities of eaeh w am? M~ker to Bsnk. .
~ Bank shsll have, but shsll not ba limited to, the fdtowing ryhts, sxh of which m~y b~ ~zercis~d st airo 1~'^e1~~h~ °Oi °Q~ a~' ~sl to p~ed9~
or trsnsf~r this r?oa and tM Collst~rsl, wh~nuPa? Bank sMs11 W rNiew~d of all ducies and responsibilicies~ ~+dK snd~dieved~ ~r ~~~w'~
~ resPett to snY Collat~rsl so P~~ a trsnsf~rred, snd sntl P~~~ o? t~ansferes sha~1 fo. a11 WuPo~s ~ u?y Colut-
~ rights to Bank he~eundet: (b1 to transiK th~ who1~ or anY Psrt Of tht Coll~te~s1 into d+e nsrn~ oi itsNf o~ its rwnM~et% to ^oi~~l/~, ~t ~
~ eral to make paYms^t co Bsnk oi any amounts dw or to beeorn~ dw ch~rwe: (di to dernand, s~e for, eollect, o~ rrwk~ anY ~~P~
~ desirabl~ witb riftr~r~u to tM Collatsnl: and (el to ak~ Posses~io^ w c°^t~ol of sny proee~ds ot Co1lstNS1.
yt~
1Vu delay o. omiuion on tM parc ot Bsnk in txacisi~9 a+~Y h~^~• ~11 opKSU a a v~iv~r ot wch righe or of any otlMr ri¢it unde? d+a noie. o
s~ wa~ver or alteration shatl be binding on Bank unbss i~ s vKicinp sipnad bY a^ wthor'z~d Bank oftica TM~k renewsl not~~'o~'~~~ s~9^~ r~
~ ~
~ Presentment, demsnd, protat and notica of dishorwr. sr~ herebl? bY e~ ~~ry
maker w endorser lisble on this note shsll not b~ d~n~d a WY~t «dischargu of this oDligscio~ and tfie liability c~eated heraunde~ ~a~l conti~w until this
~ note is pa~d in full. The Obligors, loi~tly a~d sevrrallY, promis~ and a9nR to paY sll costs of'cdlor th~~ ~an s~ nsll~sw, ~'ncleudi^9~sp~Nlsutp~oc~ed~ngs-
~ f~ nanted, or such la.g~r amoun[s as rnsY be ressonsbla snd l~t i( coll~cted bye ~N ~p~ of a comP~~ted coPY of thh nota on this dsce.
~ (SEAI)
310 W. 30th St.. Ft. Pierce, Fla. 33450 ~
Add~~: Jess J. Parks
' ISEAL)
Address . ~
~ g,~~K311 PAGE17i8 -
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