The URL can be used to link to this page

Home My WebLink About2802 . . -r . . . . . _ . .-....s...- ~ ~.s?„a::.e~.:.,.,r•~--a ~...+.y- . _ • 7 1 N ' DISCLOSURE NOTE FOR IN~[~NT L~ANS ~1 Je~eea Deach sank iA) Amount Receiwd s 4.~.00 BANK NAME , (8) P~~m~umfo. C~~dit • ~,j,2~u u~.~asaca~~v i~,s. r x939 Coa~raLl 8t. 3~wa~ i~soh Plortda 33457 ~c~ o«~~»~~,.r s~,~w: s OFFICE AODRE (Ol• Ot11N Chi~q~t IIIlm~) _ ~ IEI S "d" NOTE NO. OATEO: ~x Z . 19~. (F) ' _ ~O~ ~ (G) Amount Finant~d j u~ ~ (A, 8, C, D. E, F) S ~ • ~ue: , :Ju~y t,; . ~H~ s s70.`= PIACE: J~~~ ~Q~ , FLORIDA (1) G~dit Investigatio~ S IJ) Other S ~O~ For valw rece~ved, the undersigned (herair?atte~ calkd "Maker") jo~~tly and severally (if (K~ S more then OM) prom~se to psy to the o~der Of th! Bank, at its oNice lis~ed abov~, the To[sl oi Paymsnts ((rom (NI ai nght) o~ ,~~~,~~?j Oollars payable in s w~ equal monthly ~nstallme~ts ot S 1~.~ , ~M hnc (MI FINANCE CHARGE (H, 1, J, K, S ~70~ ~ ~ns~altment due a+_~~ ` , 19.~, a~d wbseque~t ~ns~allmsnts dw on (N) Total of Payme~ts (G + M1 s~•~9•~ che dsY ot each month the~eaiter, togetl+~r witA s FINAI BALIOON PAYMENT OF: % S_~-~d~ DuE ~.r.. .~9 ANNUAL PERCENTAGE RATE 12•'1 The $ank shall .impose a ddi~qurncy char~ apsinst the Mske? on any paymsnt whicA has bscoms due and remains in default for s ptriod ln ~xwss ot 10 days in ah srtaunt equal to 9~(i of the amount of the pri~eipsl psrt oi the payment in de(ault. In the event that the Note is not paid in full st maturity~ sll pay- ments, whether prineipal, interest w otherwiss, shdl bear intersst st tM maxirtwm legal ratt allowed under the 1aw. All psyrt~ents n~ haaundN sfwll be creditsd tint to interest snd then to p?incipal, howlver, in the event of default, the Bank msy, in its sole distretion, apply any psyment to intenst, principal and/or lawfulcharges then atcrusd. It is the intentio~ of ihe parties hereto that the provisions herein shall not provide directly or indirsttly ioc the payment of a yre~st~r rate of interest or the retention of a~y otAer cha~ge than is allowed by Isw. If, fo? any roason, interest in extess oi suth legat rote or s cAirge pro- i,~bited by law shall at any time be paid, any such excess shsll either co~stitute and be treated as s payment on the principal or be refunded diractly to the Niaker. TM Msker rtwy prapay the e~tire unpaid balanee of the loan at any time. It tNe loan is p?epaid in full, accelerated or retinanced, the Maker shall receive a refund of tM unearned portion of tAe interest and inwrance premiums compu[ed by the Hule oi 78's method, exoept that the Bank shall be entitled to retain a minimum interest char9e ef =rj,(~Q, CREDIT LIFE AND CREUIT LIFE d~ DISABI~ITY INSURANCE ARE VOIUNTARY ANO NOT REQUIRED FOR CREOIT. Sueh iraurance eoverage is availaWe at tM cost desipnated bebw for the term oi the credit: (d S l~.u tor Gedit Lite Inwrance (b) S ~a' for Credit Life 8 Oisability losurante: Cneck ~ Credit Life Insuraoca is daired on the life oi ~!Y!0 s. ~iii~ Birthdate 2~1~1~ Appl. ~ Gedit Li(e d~ Oisability Insurante is desired on Birthdate Box ~ Gedit Lite at~d/or Disability Insurante is n t desired. Date: ~ J ~ ~ ~ ~ Sig~ature ~ ignature AFTERACQUIREDPRO?ERTYYIIIll6ESUBJECTTOTHESECURITYINTENESTAMDOTHERORFUT INOEBTEDNESSISSECUNEDlYANYSUCHPRO?ERTV,ASFOILOWS: Maker hereby grants to Ba~k a seturity interest in the property, if sny, destribed in the space below and in all other property o( Maker now ar hereafter in Bank's possession, and such seturity interest shall also secure ail other liabilities ot Maker to Bank, whether primary, seto~dary, direct or tontingeot, present o- f uture. The atoresaid security interest exc~udes the Makers primary residence.unless said primary residence is described below. - Lot l673. S~etioo II, OltlDOOR t~so~Z'S OF ~IC~ ~t iR'lTI.~ Ifi.Am, as desarib~d is aall wstt~s . L , , , . . . . ; , - - , : If the Bank reqUt~e Maker to biitain insurance coverage agalnst loss or damage to the collaterai securing che Makers indebtedness to the Bank, the Maker ~~~ay obtai~ such coverage from any agent, broker or ~nsuror acceptable to the Bank. ' Ic ~s jo~ntly and severally covenanted and agreed with the Bank by each Make~, endorser, surety, guarantor, and ocher party to [his note (all of whom are ~~e~emaiter for brevity called Obtigo. o. Obligorsl that: j Bank shall exercis¢ reasonable care in the cuseody and preservation ot the Collate~al and shall be deemed to have exerc~sed reasonable,care ~f it takes such ~:cc~on for that purpose as Make? shall reasonably request in writ~ng, but no om~ssion to comply with any request ot Maker sha~l of itsel( be deemed a failure to ~ r<ercise reasonable care. Without limitin9 the generatity oi the foregoing, the Bank shatl have no responsibility for ascertaining any maturities, calls, conver- ~ s~on, exchanges, offers, tenders or similar mattdrs relating to any oi the Collatera~, nor for informing the unde~signed with respect [o any thereof. Bank shall not ~ •~e hound to take any steps necessary to p.eserve any rights in the Collateral agai~st prior parties, and Maker shall take all necessary steps for wch purposes_ Bank j ~~s nominee need not collect interest on or principal oi any Collateral or give any notice with respect to it. Right is hereby expressly granted to the Ba~k at its ~ ~~nt~on to transfer at any time to rtself or to its nominee any Collateral and to receive the ~ncome thereon and hold same az securrty herefor, w apply it on the nr mc~pal or interest due hereon or due on any liability secured hereby. € ~pon the happening ol any of the following events, each oi wfiich shall const~tute a default hereunder, or if the Bank deems itseli ~nsecure, the e~t~re u~aid ~ i, ,iance of this note and all other 11abilities ot each Maker to Bank shall thereupon or thereafter, at ~he option of Bank, without notice or demand, become imme- ~ ~~~rely due and payable: (a) fa~lure of any Obligor to pertorm any agreerr?ent hereunder or to pay in full, when due, any liability whatsoever to Bank or any i~- ~ sc.~lme~t therepi or interest thereon; (b) the death of any Obligor; (c) the filing ot any petition under the Bankruptcy Act, or any sim~lar federal o~ state statute, " _ t,y o. aga;nst any Obligor; (d) a~ application for the appointment of a rece~ver for, the making ot a general ass~9nme~t for the benefit of creditors by, or the ~ ~nsolvency oi any Obligor; ie) the e~try ot a judgment against any Obli9or; (f) the issuing oi any attxhments or garnishment, or the tiling of any lien, aga~nst ::ny property ot any Obligor: (g) the takirg of posseuion ot a~y substantiat pa~t of the properry ot any Obligor at the insta~ce of any governme~tal authority; ~h! ~he dissolution, merger, conso6dation, or reorga~ization of any Obli9or, li) the determinauon by Bank that a matenal adverse change has ocwrred in the ~ !;nanual condition of any Obhgor from the conditions set (orth in the most recent financial statement o~ wch Obhgor heretofore tumished to Bank, or irom ~nP condition o( such Obligor as hereto}ore most recenUy disclosed to Bank in any ma~ner, or that any warranty, representation, certiii~ate, or itatement of any Ct;i~gor (whether contained m this ~ote or not) pertaining to or in connect~on with this note or the loan evidenced by ~his note is not aue: (j) the assignment by ~ Maker of any equ~ty in any of the Collateral w~thout the wr~tten consent ot Bank; (k) ta~lure to do all thmgs necessary ~o preserve a~d maintain the value ~ .:~~c1 collectibiGty of the Collaterat, including, but not fimited to, the payment ot taxes and p+emiums on pohc~es oi 1~surance on the due date without benetit of ~ sha grace period. ~ Unless the Collateral is perishable or threatens to decline speeci~ly m value or ~s oi a type customarily sold on a recognized market, Bank will give Maker rea- son~ble notice oi the time and place of any public sale thereof or of the time after which a piirate sa~e will be held_ The reqwrement oi ~easo~able notice shaU t,~• met ~f such natice ~s maded, postage p~epa~d, to any Maker at the address g~ven below o. at any other address shown on ihe records of the Bank, at teast te~ 3 ~:,ys betore the time ot the sale_ Upon dispos~uon of any Cotlateral after the occurrence ot any default hereunder, Obl~gors shall be and remain I~able ~or any ~~ef~uency: and Bank shall accoun~ to Maker for any wrplus, but Bank shall have the r~ght to apply all or any part of such w~plus (or to hold the same as a ~rserve) against any and aU ofne. I~abiliUes a~ ea-.h or any Make~ to Ba~k. ~ Baok shalt have, but sha11 not be I~m~ced to, the iollowing nghts, exh of vrh~ch may be exercised at any tlme whether or not this ~ote is due: la) to pledge _ r~ansfer this note and the Collateral, whereupon Bank shall be relieved of all dut~es and responsibilities nereunder and relieved irom any and all Iiability wrth r espect to a~y Collateral so pledged or transierred, ar?d any pledgee or trans(eree shall for a~l purposes stand in the plxe oi Bank hereunder and bave all the s ~:~~h~s to Ba~k hereunder; (b) to transfer the whole or any part oi the Collateral 1~to the name ot itself or its nominee; (d to notify the Obhgo~s on any Collat- ~ e~.,i [o make payment to Bank oi any amounts due or to become due thereon; (d) to demand, we (or, collect, or make any compromise or settlement it deems ~ des~rable nnth reference to the Collateral; and (e) to take possession or contro~ ot any proceeds of Collateral. ~ No delay or omiss~on on the part of Bank ~n exercising any r~ght he.eunde. shall operate as a vra~ver o~ wch right or of any other right under this note. No f :~~~ver or alterauon shall be b~nd~rr~ on Bank unless in a wnting sgned by an authw~red Bank otficer, and then only to ~he exte~t specifically set (orth therei~. j P~ zsentment, demand, protest and notice of dishonor, are hereby waived by each and every Oblgor. The taking of a renewal note without the signature ol any ~ rnakei or erxiorser I~able on this note shail not be deemed a payment or discharge ot this oWigat~on and the liabifity created hereunder shall continue u~til this 'a ~-,re ~s pa~d m tutl. The Obl~gors, ~omtly and severally, promise and agree to pay all costs of collect~oo, includirx,~ attorneys' fees equal to 10X ot the amount ~ *•nancecl, or such larger amountz as rt?ay be reasonaWe and just ~f col!ected by legal proceed~ngs or through an attorney at law, including appetlate proceedirgs. ~ ~ The unders~g~ed acknowledge rece~pt oi a cornpteted copy oi this note on this date. , ~ ~Ei ~-ZZ w~ ~O`~~ ~ " / - X~ (SEAL) ~ Acfdress ~ 7i~ia~ J~tLi~a ~iC~. ]C 'l~f) ~ 3~ST L' . Kus ~ ~ :•~;d.ess s ' (SEAL) ~ ~ K• !l~zfe0 . 30J• "r,lL~ ~C7 s °k311 (}p ~ ~ Fe; ~s~ uF,~.