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. iNSTALLMENT PROMISSORY NOTE
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1U~TLE ~ ASSOCUTES. IIIG: ~ tN ~«r.a . = 4~10.00
BAN AMe 18) PrNnium iw Cndit ~
LitNDi~bility Ins. _
0. e0X 6IS, JE~SEN ~EA~CN. 11. 3345~ ~c? o~,~»~+ury s~ -
oRF~c~ nuaaESS (0) Ocn.r Cnu9.s licem~:~1 t
tEl =
NOTE NO. OATED: . 19 78 IF)
DUE: ,r~ 11 , t9 ~ (Cs) Amount Finanad ~O•~ .
(A, e, C, D, E, FI =
(FU IntKest = •
PLACE: . FIORlOA (1) C?~dit Invrttip~tion = ~e
W) OcM. _
For valw nqiwd, ttN und~?si~+~d (Mnin~ftK c~lNd "N4kN") loieNy snd ~slly (ii (K) _
mon than a») promi~ to p~y eo the dK of eM Bank, st ia ofiiot list~d ~bow, cM Total
oi Payn,een (fra,n (Nl.t ripnt) of ~~4•80 nolbn p.Y+bk in ~V
eaw~ monenlv ioscs~imenn ot t 92. S~ ,1M f;,s~ (M1 FINANCE CHARQE 11~ ~
8~. (H, 1, J, K, l) _ '
instsll t dw on .1 and wbspwnt instsllmsna dw on .
(N) Totsl ot P~yrrrna ((i + M) _
cn. 1a d~a
r of wCh month tl~saft~r, topttM~ with ~ FINAI BALLOON PAYMENT OF: ANNUAL PERCENTAGE RATE %
S ~ OUE •w«• .19~~N
TM Bsnk dnll i~ry~os~ a dNinquenty chuy~ ay~inst th~ M~IcK on ~ny prim~nt which has b~oorrw du~ and nrn~i~ in d~fwlt for a p~riod in ~xoat of 10
days i~ sn amount aqual to 5~Xi of tM smount ot tM princip~l psrt of ths psymsnt in d~tault. In tM w~nt that tM Not~ is not psid in fuli st mtturity, all pay-
ments, wMtMr p~incipsl, interat w othsrwis~, sh~ll besr intersst at cAe maximum le~i rst~ albw~d under tM laws of tM Staa oi Fiorids. All p~ym~nts msd~
hereunder shsll b~ tnditad first to interest and then to principsl, howev~r; in the event of default, tM 8ank m~y, in itt sole discntion, apply ~ny payment to
interest, principsl u~d/o? larvful chsrges then socrwd. It a the intention of the psrties Mrem Mst tM prov'~sions herein shall ~ot provid~ dir~Mly or indirsctfy
for the pryment of a grsata ?~n of int~nst a th~ ntention of any othe? chsrge than is allowed by Isw. If, fw any rsat,pn, inta?est in exa~ss of wch Ip~l rste or ~
a cl+ary~ prohibited by Isw shall at any cime b~ psid, aMt such sxcKS sAall either constitua snd be cnated ss a psyment on tM principsl or bd rofunclsd dirsctly
io the Mskar. "
The Msker msy pnpay the e~tiro unpsid bslance of the loan at any time. It the loa~ is prepaid in full, acoeleretsd or reiinsnted, the Maker sAall receive s
.etund of the unsarned portion of the incerest and inw~snee premiums cornputed by the Rule of 78's mechpd, exapt thst the Bank shsll be entitled to retain
a minimum interest charge of
CREOIT LIFE AND CREDIT IIFE di OISABII.ITY INSURANCE ARE VOLUNTARY ANO NOT RE~UIRED FOR CREDIT. Sudi inwrsnpcowrags is
avaitable at the cost designated below for the term ot the crsdit: (a) S tw Gsdit Life Inwrance (b) S
for Credit Lite ~ Disability Inwrance: ,
Check ? Gsdit Life I~surance is desired on the lite of
Appl. Birthdate
Box ? Gedit Life & Disability Inwrance is desired on
' Birthdate
~ Credit Life and/or Disability Inwrance is not dESited. ~
Date: ~1 L7~ ~9/o Sgnature ~
Signature
~C~~ I tnR+~Ot'~dthOA 0. R.~kB0ok~3~t:p tnesa"2002... YR~t ~Ilsf~cf 1~~~~ , • • .
as bed n~a d nort~a~e.
:ncludiny atl increases, wbstitutions, roplacements, sdditions and aocessions thereto and in Me proceeds thereof (he~einafter called "Collateral"1. This Kcurity
~ interett shall slfo secure any othe? indebtedne~ or tisbility of the Maker-to the Bank direct or indiroCt, sbsolute or tontiry~ent, due or to betome due, now ex-
f ~sting or heresfter srisinp, inNuding all future advances or loans by the 8aek to the Maker.
! The 8ank is slso. given a lien and a tewrity interest in sll prop~rty and seturitits of the Maker, endorser, wrety, guarantor or sccommodstion party of this
E Note (1+Ktinsfter refe?red to as ti~e "Obligon"!, now in or at any time hereafur coming ineo th~ concrd, autody a posseuion of Me Bank, whethe. fa ths ~x-
~ press~d purposa oi bsinp used by the Bank ss Collateral, a for any other purpose, and upon any balance or balsnas to the uedit of any sccounts, indudiny
vust snd ag~ney accounts msinained withthe Bank by any of the Obliyors, and the Obligcxs agree to deliver to the Bank additional Collaaral or mske such
paymsna in reductio~ of the principal amou~t oi the loan as shall be satisfactory to the 8ank, in the event the atwemention~d Collaursl shall daclins in vslue
or becort~e u~natisfactory to the Bank_ ~
Additans to, reductio~ or exchan~~es of, or wbstitutiwa fw the Collatsral, payments on axount of this loan o? inaeases of the same, or other losns msde
garcially w wholly upon the Collateral, msy irom time to time be made without affecti~g the provisions of this Note. The Bsnk sha11 sxercise ressonsble care in
the custody snd preservation of the Coflataal to the extent requirod by applicsble ststute, and shall be deemed to have exe?cised reasonable caro if it tskes sueh
action tor that putpwe as Msker shall ressonatil~r request in writitg, but no omission to do aM/ ect not requssted by Maker shMl be deemed a failuro to exerCise
reawr~able prc, and no omission to cortiply with any ~aquest oi Msker shsll of itsNf be deemad a failure to exercise reasonable care. Bank shslt not bs bound to
take amr steps neoessary to preserve any riphts in the Collateral against_ prior parties and Maker shall Wke all necetwry steps tor wch purposes. The Ba~k or its
nominee nud not eotlact i~terest on, or a principal of, uhr Collateral or give any notioe with re:pect to it.
The 8ank may continue to hold any Collateral daposi~ed herwrxia~ after the psyment ot this Nate, if at the time of the payment and disd~a~e hereof any of
the patti~s lisble for the payment Mreot thell be tMn direCtly or tontinpently liable [o the Bank as Maker, endorser, wrety, gusrantor or sotommo~s[ion party
of a~y other rate, dnft, bill of exd~a~ge, a otha instrument, or otherwise, and the Bank msy thereafter exercise all ri~a with .esact to said Coliaterat
grant~d herein ewn though this Nots shs11 hsve be~n wrre~derad to tAe Maker.
If tM Bank daems itsetf insecure or upo~ the hsppening of any of the followiny events, each of which shall toiutitute a defsult, ell lisbilities of tsch Maker to
the Bsnk, intluding the entire unpaid principsl of this Note snd sccrued inte~est, lets any unearned intaest and eny intereft in exoeu of the msximum allowed
by law and any rebata requirad by law, shall imrnsdiately or thereafte?, at the option of tb~ 8ank, except that the oocurrence of (c) or (d) shslt csu~ sutomst-
~ +c accelaration; witMout notios or dem~nd, b~ooms dus snd psyable: tM failure of any ablipor m perfwm any obliyation, lisbility or daim to tfit 8ank, to pay
~ ~nterat f~areon within lOdays efte? it is dus, or if thae is no due date, siter it is billsd or od~erwise rpuested or dertwndsd, o. to pay any otMr li~bility what-
soever to tfie Bsnk vrhen dus; (b) th~ desth of eny individusl Obligor, tAe dissolution of any portnership Obli9or or the dissofution, m~rper a aonsolidstion with-
ouc ch~ Bank's prior w.itten consent of sny corporau Obligo?; (c) the filing of a petition in bankruptcy or the adjudiution of insolven~y a bankruptcy undK
any rsa~anizstion, arnr~ysment, readjustrns~t o( debt, dissolution, tiquidation or simil~r procNdiny under any Federal or sUte statute, by or aptinst any
Obligor; (d1 an spplication tor the sppoi~trnent of ~ reoaiv~r fo?, or the makin9 of a g~~xrsl a~iqntnent for the benefit of creditws by, sny Obliyor; the entry
of judprt~ent apsirat any Obligor; (i) tM i~uiny of any snachrt~snt or ysrnishment, a the filinq of sny lien, apaintt arry property ot any Oblipor; (p) the tskinp of
~ possession of sny wbsantial part of the prope~ty of any Oblgor at the inttsnce o/ any yov~rnm~nul suthwity; (h) the determinstion by the Bsnk tlut a matsri-
al adv~erse ehsnpe has octurnd in tM finsntisl condition oi sny Oblgor f~om the tonditiau ~et forth in the most recent financisl ftstem~nt of wch Oblipor
~ heretofa~ furnish~d to the Bank, w irom the condition of wch Obliyor ac Mretotore most r~ntly disdoted to the Bank, or that any warrsnty, npre~entstion,
~ ce?tificate o? statemrnt of amr Oblipa (wh~th~r conained in this Note or not) perainirp to w in connictan with this Note w the losn evid~nc~d by this Note
contsim sn unt~ue stst~rt~ent oi msterial tact w omiri to state materisl fact nscassry in order to rr~ske the stetements made not misl~sdinp; or, (i) tM assiyn-
ment by aMr~AMkK of any puity in ~ny of tM Coltaursl without th~ prior writt~n conte~t of tNt Bank. !
Ths 8ank shall hars, but shall not b~ limited to, tM followinp rghts, esch of whieh m~y be ex~rcis~d st amr time wMtha or not this Noq is dw: (i) to
plecfp~ or transfp this Note snd tM Cotlateral snd th~ Bank shsll tM?eupon be nlNwd of sll duti~s snd rpppnsibilities Mnunder and rNi~ved from ~ny ~nd sll
liability with ret~et to any Coll~tersl w pl~dqed or transiernd, and sny pbdp~e or trsnsiere~ shMl for all purpos~s stand in th~ Plac~ ot Mt Brnk hK~und~ and
have aFl tfN riphn of the Bsnk Mrw~d~r; (ii) to tramfer ih~ whoN a smr psrt of the Cotlateal info tM nams oi itself w its nomin»; (iii) to voto ths Coflaieral;
(iv) to notity the Oblipors of arry Colbt~nl co m~k~ psym~nt to th~ B~nk ot any amouna dw or to b~ca~x dw tMnon; (v) to dKnand, ws tor, coll~ct, a
~ mak~ ~ny con~omitt w t~ttlement it de~mt dairsbN with nttr~nte to th~ Co1laUral; sed (vi) to tsk~ posststion w tontrol of a~? p?ooe«!a o~ Colbttral.
•"611NK' as rse~ beni~ .~ans Turtlir•~li~i ~s~~tes, inc. aad/or 1ts usl9na.
NOTICE: SEE OTHER 81DE FOR IMPORTAN7 INFORMATION 4~ ~ . ~
FBS 752 Rw. ~,~T _ so~r 312 ~~E 31 ~
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