HomeMy WebLinkAbout0336 -st+,~-.<-,er~,.a,...;.y~-stt~..~,,~~trv--7._>~sc..~..1:: ~.i.,~.~-.:="1~-11,.piOCT:•~i~`I'li.R'1.c#Y`~"'Stil+s7R-~')t,:,:.t~•.- ='3•_3""'p- -Y. -rr~..y~ •~,-.~..I~' ~Y;:.-~._•-..,i-.._.rr~v..
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. . . INSTA~~MENT PROMIS$ORY N~TE ~ • .
~TURT4E REEF ASSOCIATES, IKC. - * ~ ~ w M~w+: ~.w.d - ~ . ~ = 2900.00
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For akw .acsir~d. tM w+d~ni~d t1~rMn.tta eNl~t "~A~kK") l~hN and uMniir (N 11c1 '
mo+~ tha~ aul Wanh~ to Ph? eo d~ ord~r tM BMrc. at ii~ vftiee li~t~d a~ow.1M TaW ~
~ of h~~ (tran (N) st rtpMl d ' ~lrs pi~raif4 iii ~ (U . _
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rht s:nk .Aaii He~x~ . d~lfnq~+? dw~ p~tatt eh. M~ or~ ~n~r. t+•r++n~nt ~~d+ h~t b.oon» ~«w ~+n d~tw~: for ~ p~l?±od 1n .xw~ a ip .
~1rs tn sn a~n~ourri pw~ to 5X ot t1N ~how~~ ot d~ orineipM ~rt of dw o~rn~nt U swfwh. tn ths w~t thd tIN Mot~ b e~ot pMd ~n tuN ~t ~rti~{tt?. sll pwr• :
e,nra. +MMd~r OH+~cl~l. int~rwt_ o~ oth~wi~. thaU b~ hNMKt ~t tl+~ ir~c)nwm Ip~l ?N~ ~Ibw~d und~ tlr Iwa ot tiw ~ af ~brld~. AU ~1nn~ta mMi~ ;
haw~da ~1) be endinMl.tHst to intKat and Ma? to Pr~~. in tM wrnf oi d~iwlt, the.iM~ic~j q~ Iti fol~ dl~a~tfon. M~Y~+b O~t t4 ~
inW~st. ix~ N~d/ot tiwful tlyryn tlNn aOCruMl. It It th! intM~tiO~ o! !fw PKtir 1~o tMt tfw ProYiMon! f~?~M thip est WoVid~ dk~etlY a lndM~t~Y ~
toi cb~ p~ynwmt o! a qrpw .s1~ ot inhnlt a th~ r~t«+tbn o1 ~+V oM~r d+K~ th~n h~ibw~d bf? Nw. lf. Ior an1? rsMOn. inbtret M u~oNt b1 ~~eh N!d na a
a chuq~ proAibit~d M? byr ~NNI at s~w tien~ br o~d. ~w wch ~xp~ ~iaN N.tINr eaucltute and b~ tn~t~d M. W1?m~he an. d~s prlnelpd dt b~ ?Nund~d dk~otll?
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"~Thr Wtw?n~r v~~W1? thf rntir~ ~np~id bN~na d tlw lan N iA1? tl~ef~. tt tIN (p~n is wN~d 1n fuil, soabra»d a rNintne~d, th~.A~u? fhalt ya+v~ s_-
..~und d 1A~ w»,.me ao~~on o~ chs ~nu~.a .na Mwr«~a a~,n~ con~uud bv ~e Rua oi y~ meMod..xawe ehac d~ 6.n~c ~f b~.neieNd m.w+n .
a mini~Nltn ;nt~ntt datyt ot ~ - , . . :
CREDlt LIFE Ai~tO CREOIT IIFE A DISABIUTY INSURANCE IW~ V04UMfAliY ANp AIOT pEWIIpEb fOR CR~~It. ~ueh imuran~ oowr~ 1~
saihbb stt~i~ ooct dhionattd bNaw fw th~ tKm ot t!N vadtt: W= fa Gr~t LN~ In~urano~ Ib) ~
tor d~dit. W'h 8 Wt~bUiri Imurp~ol:. ~ .
Ch~elc ? Cndit liN I~~anoe is dak~d an tlw lit~ of .
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8ox _ ? Cndk Lii~ A Wfability lnsurai~ b daihd oet
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u G~dit Liie sndlor Oisabfuty Irauane~ it not dtsird. A -
~aM: . ~t. ~ s 147$ 5~~~ ~ ,
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f~lCOt~@ ~ ~ If00~ L~Gk ~ g~M in iJlt l~~~. ~TY~~
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~nc~udin0 all inu~es. substituciorn. r~M+~o~nrna, sdditioes and ~poa~ions cMnw and in tfi~ proa~ tM.aqf (t~ti~ftar uuW "Co1UarN"1: Thit aaany
; int~nst ~hail atw Meun ~ny- otlwr ie~d~bndi~a a t4bYity oi tM MM~u to tM 8~nlc dMet or indir~et, a6iofua ar eonriepfen, dw or to baan~ dw. eow tx-
( istirg or 1~[~fdM arqinD. intludin~ NI tutun sdpnNs Pr IoN?~ M? tfi~ 9anlc to tA~ Mbk~r. ~ _
TM Ssnk i~ ~Iso yiwn a li~n snd ~ aeurity inNnq in all P?apKtY ~nd s~writi~s of tM M~. ~nda'wr, wnh?. 9w?~nta or soconwnodation M?h of thi~
Nou U~ran~fqr nfand to ss eM "OWi~on"1. eow a~ or it any tinr MnsitK cominp into qa oomrd. cw[adll a P~ ot tM 8snk. wM[hM fw tht u~-.
f wea~d owo~ M b~w u~d bt? th~ 8s~dc a~ Co1t~r. or ta sn~? od~w purvow. ~nd upo~ rh? 6Nana a bala~~ to dN a~dit d.stw aaoum~, u+dudhq _
~run ~nd p~n~y s~o~+~ nrintain~d withth~ 8anlc bY any ot th~ ObliDors, am! the Oblipors pne to d~liva to tM 8snk additionM CoH~q?M a n~ w+d~ ,
oaYm~nis in nd~~etion ot dN D?MaPa~ ~n~ounf of tIN low? a~ ~hsll bs ~sti~hctorN to tAt Bsnk, h the ersnt tM afor~ntiaMd Colbqr~l MiMI d~elin~ in valw ~
or b~con~ wM~tiNaeto~Y to ths B~nk. .
Additiom m, n4uctiont o? ~xeha~s of. a arb~tieutiau lor ths Collaa.sl. Pwmmu on soeounc ot ehis b~n a irw~aa of tM anr, a oUNr Iwia nrd~ _
P~tialh~ or whoNY tpon tM Co1lat~rN. R'rY fran tin~ to tirn~ b! mad~ wi~hout ~fhetuq eM ptwaioM ot thb NoU. Th~ BM~k ~hsll ~xNeiN nND~abN qr~ in
tht autody and pnMrv~tio~ ot tM Coll~lNSl to dit ~z~?t n~Nind b1~ +Paic~01~ stsluq, and ~A~N b~ dNn1d to ha~ ~xKCiNd rM~on~t~N c~ it tt tak~t atA
xtion for .thst pcKpoa a~ M~k~r ~hMl r~on~hir nquNt M writino, but no omitsbn to do anY aet not nquaMd bY MdrM ~hdl b~ d~d ~ f Wuh to aarciN
rp~pn~bit c~rt. and no pmitlion to tOmply wilh any ~tqwlt Of Mslt~r thall Ot ibNf tr! dMnMd a failurr to ~x~rCiw rwontbb cue. Bank ihdl +wt be bO~M~d to
tsk~ ~ny st~pt ei~o~uvy to praK~ an~r rf~ri in thf CANstK~ a~ine prio? p~rcfs sr+d M~IcK ~i+~N Lk~ a11 n~o~ary stsps fa ~ueh purpo~a TM BaMc ot iu
nomin~ nMd rat oolNat inlNS~t~on. or i P~~eb~ M~Y Collatara! a y~ anY ~wtia with rapkt w it. .
TM Bank mnr oontinw to hold ~ny Collsbr~l d~po~itW hKwnd~r ~ tM paynMnt of tAb Nou. if at cM tirar of Nw p~ymtnt snd di~Ma•0i hK~d any of
tir pMtiw Ii~bM ~for thi PM~t IMnOf ~Atll b~ tMn ~t~Y o? oontin~nh/ 1'~sOM to i1N 8ank M MNc~r. tndonK, puetl?. 9uKSntor ot a0catu~wd~tion ps?ty -
ot an~? oHw ~oq. drsft. Wq of ~~dt~~. or wi~r I~tnpn~nt, a otMrw+», and tM ~Mc rtrY d~it~r ~xueiM all .ioht~ with re~P~et to yid Coll~t~a1
qnnt~d Iwnin ~n thagA tAi~ Not~ M~MI Aw~ bNn ~wr~nd~nd to th~ AA~br. :
Ii ih~ B~nk dNnr itNlf inNeYn or upQn t!N I~p~p~nln~ of a6y ot tIN foilwarp ~vantt. Mah ttt whieh thNl oamtitpq a dtfault, dl IirbUitia d~eh Maiur W
cM Badc. feeludin~ tl+~ ~ntM~ uoP~id Wincip~i of d+k No/r and aoe~wd in»nn, la~ any unwnNd i~Mn~t ~nd any inbrnt tn ~xaa~ of tIN naxinwen Nlow~d
~ ' hY l~w Md an~t r~bsns rpyind b11 I~w, ~tail inrn~di~eM~r ot d~ftK. ~t ~N OP~ of dN 6Mdc. ~xpP! thst tIN ooax~N~o~ o11t{ or ldl thsN twM aut~omat-
~ ic soaleration: witlrort notia a d~n~rid. b~ooew dw ~nd py~N: (d tM f~ilurt of any Oblyo? w pwiorm snp obliMtion, I W~Iq a dMin so th~ B~~Ic. to ow
interMt h~non wiMin 10ay~ aft~r k it ~N. o? if thN~ b n0 dw d~a. ~ft~r h is WINd a odwwiM nquwNd w dMn~nd~d. or to WY a~M? od~ li~bility whu-
~ soevN t0 tM BMk wlMn dw: tb1 tIN di~th of aeW indiriduN a61i~o?. tM diM0lution of arW PKtn~r~hr0 061iYo? Cr Uf~ diMOk~tbn. nwlK os ooe~olidrtion with-
out tM 9~Me's o?lor writan ~oiwnt d a~y oo~P~ k) tlw tilieq ot a P~~~ in b~nknipt~b a eh~ adjudiqtion ot i~w~wne.y a 6w~krwl~l? w+dK .
~Y na0~z~tion. a`nnY~n, r~¢jwtn+rnt d d~bt, diwolution. {iquW~tion a~MniW P?oo~1~0 ~N ftdaal w sqt~ ~btua. Mr o? ~t an~?
Ob1qo?: tdl an appllation to. th~ ~ppoMtnMnt d a nalvrr tq?. or tM niNcfny of •~s! sr~n tcr t1N b~nrtn af cndit«: bv, aiw ablilo?:1~) tM ~na1r
ai N~~ ~~M/ Oblipr: (t) t!M iMUM~! of ~fy ~ttaehtrNnt or rrnillun~nt, or tM fYitp of an~/ IiM~. pdrot ~n11 P~~b o~ a~M? Ob11pr: ths qkin~ M
P~ M a+Y ~btbntial P~rt ot t!N ProPK~1? ot M!Y Ob~~/O? st dM i~tsno~ of ~oMlrn~ntM wd~oritll: (h) t!N d~qnnitrtion M 1M S~nlc 1Mt s ~ntMri-
s1 adrars~ ehaep~ 1w ooaKr~O ie U~ fin~neW oonditio~ d M~Y OWyor from tlN eonditiar ~!t fonh fe tfN moit rkant fin~nNM aaMnNM d MKh Ob1ya
haaotor~ tumhlwd to th~ eank, a hon+ tM oonditla~.of wd~ ~i~lip? rs h~ntoton mat nantlfr diidaMd ca the B~nlc. a dat ~np wrnettl. ~~~~bn.
catitiaa a~aNn~e o1 arM? ObN`o? (wiNtlrr oa?WMd N d~M NoN o? noti P~~+1M to or b oo~+nceia+ wid~ d~M NoN a tM Iwn ~vW~ao~d bb fhi~ Noa
cont~ql{ an ueKr~N ~lt~nNat o/ nMt~firl het a Ca1ip fo qite I11fiMi~1 f~Ct IMO~MMY in otdN 7o mMc~ tM sfatM~M~is nl~ not }{1WM~; p. i11 dN ~M~
n~.ni b1r a~w M~k.? a.ns?.vuity b~ «w ot ai. cal~tad.~id~ou~ ri~. wio..r.in~n com.m of d+. e~nk.
TM 8~nk ~Nalt hn~e. but ihsll npi b~ iieN~ed to. tM tollowirp ri~tnt, aeh of whiob mql b~ txke4~d ~t ~+1? tin» wMelwr a not thb I~iou ir dw: (l) w
M~ a tnerl~? tlat Noa and ~ G~I~~a1 ~1 dN 9ank MiN tl~~+oon M nliwd ot ~N dutiN and n~vomibititia !w?weda ~+d rrlbwd han and MI
~I~bNit1? wid~ r~t to r+t? OdNtMM so pi~dwd a a~d. ~f aiM? PMdMa a v~arrlfwH fa aN ourPow~ wnd In tM pwa d eh~ Mak hMwnd~? and
hwr aM th~ rk~+ts of 1M Arak MrwndN: (iit to hanrhr du w1w1~ a~? o~ d dw Co11slK~1 Mw da n~an~ a! taNl a ia non?tnw: (Nq to noM t!N CoRaanl:
(i~ to notih? 1M Obtioon d ~pr: CWI~brM to mrlr~ PrVnrnt to_tM 9~nk of s~+11 «noumt dw o? ~ b~canr du~ tMtwn: Ir1 to durw~d. ~N for..CO~Net. ot
~ as`'"u
`e~ .~'er"e n means ur~ttOite`Me~ssoc~ ~es; `~n , nn ~ro°~s a~"!'s~nOOs~. `O~
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NOTICE: liEE OTHER SIDE fOR I~APQRTANT INiORMATION PA~Ei ,
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