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• DISCLOSURE NOTE FOi~ INSTALLMEN~ l. ~ An~S . ~ ~
..w.+~ ~ ; :
• J~~ ~NCh ~lUl~' • (A! Amount R~te~vsd
(B) Prtmium lor Credrt ~ ~ '
BANK NAME ~ li/~/pifability Ins. ~ 4~•~ ;
1
p. Q. i~•GX ~ ui~l1Se11 ~ G1~i r~ . i IC) Oocum~~ia~y Stamps S 12-~ ;
~ OFFICE AOORESS (D) Oth~r Charytt (itemii~) s ~ 4
. ~e? s ' ~
NOTE NO. DATEO= 3~alo S , 191~.. (F! S
. (G) Amount Financed 7 ~zI ~ *
uuE J~V 6 ~ . 19.~• IA, B. C. U. E. FI s ~ • 3
(H) Inttrpt s J'0~•~
P~ACE: 3C~Ch . FIORIDA (1) Gedit Invest~gation S ~a
UI Other S
For vatue received. the unders~gned (hcreinafter called "Maker"1 lointly a~d sevt~ally lif (K) S
more thin oM) promise to paY to the Ord~r of the Bank, at its office listcd above, the~Total
uf Payments Hrom ~N) st ryhd of ~10 Ool~srs pavsble in 1~1 S '
. , i~ r~n~ IMI FINANCE CHARGE ;
e~i~ai montl?!y i~siallments of S (H, 1, J, K, L) S
~nstallment du~ on _~~ili~ ~ , 19_~ and wbsequent inseallmtnts due o~ (N) Total ot Paymenu (G + M) S ~
~ne~~,.day of eaeh moneh ihereafter, coyecner w~~n a FiNA~ Ba~~OON PAVMENT oF: ANNUAI PERCENTAGE RATE Z~~ %
S -a o~E ~ -s- . ,9 .
The Bank thall impose a delinquency d~arge against the Maker on any payment which has becoms due and remains in dsfwlt tor a period in excess oi 10
ciays in an amount aqusl to 9Xi ot the amount of the principal part of the payment in detault. In the went that tht Note is not paid in full at msturity, all psy-
ments, whether {xincipsl, incerat or otherwise, shall bear inte~sst at the maximum legal rste allowed under the law. All psymsnts made hereunder shsll be
cred~ted tirst to intpest and then to ptintipal, however, in the event of default, the Bank may, in in sole discretion, app1Y enY paymsnt to ioterest, print~al
and!or Iswfuleharges then atcrued. It is the intention of Me panies hereto that the provisions herein shall not provide directly or indirectty for iM psyme~t
of a greater rate oi interest or the retsntion oi s~y othe~ chsr9s than is allowed bY law_ It, tor any reason, interest in excess Of.such leqal ~ate or a eharge pro-
n~b~ted by law shall at any time be paid, any such eztets shall either constitute and be treated as a payment on the principal or be ~ei~nded direcdy to the
Maker. The MakK may p~ePaY the enti?e unpaid ba~ance oi the loa~ at any time. H the loan is p~epaid ~n full, accelerated ur refinanced, the Maker shall ~eceive
•efund ot the unea?ned Por 4~onw nof the interest and insurance premiums comPuted by the Rule of 78's method, except that [he Bank shall be entitled to retain
min~(IWT If1LCflft C~lifgt O~ iS.w.
CREDIT LIFE AND CREDIT LIFE de DISABILITY INSURANCE ARE VOLUNTARY AND NOT REQUIRE~ FOR CHEDIT. Such in~ as covars9e ~s
available at the Cott desiynated bebw for the term of the tredit: (a) S 4Q~~~` tor Credit life Inwrance (b} S
for Credit Lii~ ~ Disability Inw?soce: i~~y,~
Jj~b 6~ ~r~ Birthdate
Check ~ Gedit Life Insurance is daired on the lite oi
~ ? Birthdate
~PV~. ? Cradit life & Disability Insurante is desir
fK
dox ? Gedit Life and/or Disabilicy I~nurance ' t sired.
GS" nawre
Date: ~•~1~ S_ 1479 Signature I " ' g
AFTERACaWRED~AOrERTYMIILLRESUlJECTTOTH S RITYINTERE~ANDOTHERORFUTUREINDE6TEDNESSISSECUREDlYANYSUCHPRO~ERTY,ASFOILOWS:
Maker he~eby prana to Bank a secwity interest n the p~opertY, if any, described in the space below snd in all other property of Maker now or hereafter in
6ank's possestion, s~d suth seturity interest shall also sscure all other liabilities of Maker to Bank, whether primary, secondary, direct or contingent, present
o• !u[ure. The atOresaid seturity interett excludES the Makers primary residenC! unleu S2id primary residence is described betow.
Y~ 'Itp~S~~Nt `
Aecastiiai ~ort~~s on A~vP~rrtr - s~e ~ort~a=~ fe~t ~c~riptios.
t! the 8ank requires the Maker to ob[a~n ~nsurance coverage a9ainst loss or damage to the collateral secur~ng the Makers indebtedness ~o the Bank, the Maker
3y obtain such toverage irom any agent, broker or insuror acceptable to the Bank.
~ li is jointly and severally cove~anted and agreed with the Bank by each Maker, endorser, surety, guarantor, and other party to this note (all of whom are
~ reinafter for brsJ~ty called Obligor or Obliqors) [hat:
Bank shall exercise reasonabte care ~n the custody and preservauon of [he Collatera~ and shall be deemed to have exerc~sed reasonabie care if it takes such
~ct~on (or that purpose as Maker shall reasonably request i~ writing, but no om;ssion to comply with any request oi Maker shall of itsel( be deemed a failure to
f e ro~c,se reasonable care. W~thout limit~ng the generality of the foregoing, the Bank sha~~ have no resporn~bility ~or ascertaimng any maturities, calls, conver-
~ s~an, exchanges, offers, tenders o? similar mattArs relating to any of the Collateral, nor for iniorming the unders~gned with respect to any thereof. Ba~k shall not
~ ;:a bouod to take any steps necessary to preserve any rghts in the Collatera~ against prior parties, and Maker shall take all necessary steps for such purposes. Bank
~ ~~s nominee need not collect interest on or principal of any Coltateral oc g~ve a~y notice wi[h respect to it. Right is hereby expressly granted to the Bank at its
~ -;pt~on to transfer at any time to itsel( or to its nominee any Collateral and lo rece~ve the income ihereon a~d hold same as security herefor, or apply it on the
; p-~nc~pal or interest due hereon or due on any I~ab~lity secured hereby.
~ Upon the happening of any ol the following events, each o~ which.shall consutute a default hereunder, o~ it the Bank deems ~tsel( ~nsecure, the entire unpaid
~ t~ai znce of this note and atl other I~abil~ties of exh Maker to Bank shall thereupon or therea~ter, at the option ot Bank, without notice or cfemand, become imme-
~ ~;;ately due and payable: fa! ta~lure of any Obligor to perlorm any agreemen~ hereunder or tq pay in full, when due, any liability whatsoever to Bank or any in-
s<<~iment thereoi o~ interest thereon: (b) the death oi a~y Ob~~gor: (c) the tiGn9 oi a~y petition under the Bankruptcy Act, a any sim~lar teoeral or state statute,
e~y o, aga~nst any Obligor; (d) an application (or the appo~ntment of a~ece~ver for, the making of a general assgnment for the bene}it of creditors by, or the
~nsolvency of sny Obligor: le) the entry oi a judgme~t against any Obligor; (f) the issuing oi any attxhments or ga~n~shment, or the filing of any lien, against
s ar,y property of anY Ob~~9ur; Ig) the tak~ng of possess~on oi anV substantia~ part o1 the property of any Obligor at the instance of any governmental authority;
3 'h! the diuolution, merge~, consolidation, o? reorganization of any Ob~igor; (il the determinauon by Bank that a material adverse thange has otCUrred in the
~ !.nanual condition of any ObGgor irom the cond~tions set forth in the most recent fina~clal statement of such Qbtigor heretofore furnished to Bank, or from
: condition of sueh Obl~9or as heretoiore most recently disclosed to Ba~k in any manner; or that any warranty, represe~ta~~on, certificate, or statement of any
~ Or,l~gor (whether contained in this note or not) pe.taining to or in connection with this note or the loan evidenced by this note is not true: (j) the auignment by
vnv Maker ot any equity in any of the Collate~al without the written consent of Bank: (k) tailure to do all things necessary to preserve and maintain the va~ue
~ ~,~d collectibility of the Collate~al, mcluding, but not limited to, the payment of taxes and premiums on policies of mswance on the due date without benefit of
•ne grace period.
~ Unless the Collateral is pe~~shable or threatens to dechne speedi~y value or is oi a type customarily sold on a recogmzed market, Bank will grve Maker rea-
a s,nanle notice ot the time and p~ace of any public sa~e thereot or of the time after which a pr~vate sa~e will be held. The requ~rement of reasonab~e notice shall
~ t,- met if such notice ~s mailecf, postage p~epa~d, to any Maker at the address given below o. at any other address shown on the records of the Bank, at least ten
r!:~ys betwe the time ol the sa~e. Upon dispos~tion of any Co~~aterat atter the occurrence of any default he?eunder, Obhgors shall be and remain liable tor any
b ~fef,c~ency; and Bank shal! account to Make< <or any wrplus, but Bank shall have the r~ght to apply all or a~y part of such surplus lor to hold the same as a
" ~e;erve) againsf any and aU other hab~hties of each or any Maker to Bank.
` Bank shall have, but shalt not be tlm~ted to, the following righ~s, each of which may be exercised at a~Y time whether or not chis note is due: (a) to pledge
~ ~~ansfer this note and the Collateral, whereupon Bank shall be relieved of all dut~es a~d resPonsibilities hereunder and re~~eved from a~y a~d alI liability with
F ~espect to any Co~~ateral so pledged or trensferred, and any pledgee or transteree shall tor a~~ purposes stand in the place oi Bank he?eunder and have all the
~ ~:ynis to Bank herou~der, Ib) to transfer the whole or any part of the Collateral into the name of itselt or rts nominee; (cl to notity the Obtigors on any Collat-
~ payme~t to Ba~k of any amounts due or to become due thereon; (d) to demand, we (or, collect, or make any compromise or settleme~! it deems
~ ~~.a1 to make
' ~~es~rable with refererxe to the C~~lateral; and (e) to take possession or control of a~y proceeds oi Collateral_
~ No delay or omiuion on the part of Ba~k in exercising any right hereunde~ sha~l operate as a waiver o~ such ?~ght or ot any other rght unde. this note. No
,~a;ver or alteratio~ shall be birxi~ng on Bank unless in a nrciting sgned by an authorized Ba~k oifice~, and then on1Y to the extent speci(icelly set forth therein.
P~esentment, demand, protest and notice oi dishonor, are hereby waived by each and every Obl~gor. The taking of a renewal note without the signature of any
,n:~ker or endorser I~able on th~s note sha~l not be deemed a payment or discharge of this obligat~on and the hability c~eated bereunder chall continue until this
± ~~~tc ~s parci in full. The Obllgars, jomtly and severally, promise a~d agree to pay aU costs of collecuon, includir?g attorneys' (ees equal to 1~'X~ ot the amount
~ i,nanced, or such larger amounts as mav ~ reasonable and just if collected by ~ega{ pr eedings or th ttorney at law, includ~ng appe~~ate p?oceed~ngs-
3 The u~ers~ ned ackno ipt of a ~eted c of this note on this date.
~
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~.~t•~~ess~L:' ~Y~' iFt.P1~'!¢eiFl• 7~- (SEAL)
~ . '{LJ~ ~ • (SEAI)
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