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HomeMy WebLinkAbout0372 ..i . 1. + - _ ..v . ~ : . , . r'-_,-.'~. ~ s.-~i. .r~.t- . . - - _ . . ~ ~ ' ' . s ~ - - , . ~ ~ ~ ~ ~ ~ . ~ ;.-~t ~ ` . I~TALIMENT PROMiSSORY NQT~== ::y . ~ ~ . ~ ~ ` " : . . , . ~ ' r 9Yl0aW = . TURTLE REEF: ASSOCIATES, INC. * ' t/u wnwuni ~a+ws ~ } _ ' • . • t` ' , . . - • . . _ , PrMNuA1 tor d~t = . ~ • - - ~n ' ~ li1!lDl~~bflnl? ~i:~ n ~ ~ , ~ Je~~en: 6each,` F1ori~;~ 33457 ~ - ~ , ~ (Cf ooa+nw~bni a~ ~ one . ~ ~ : • : . ' ` ta oa~« ,on~.~ i~~ ~ : nar~'~e c~a : none - n~oTE No. o~?Teo. , - , ~Y ~ . . ~e....Z~, i~ . . ~ nSne""""""`" - _ . t . ~ tw ~ F~ : 9~~O.Ot1 ~ - . fA. C. ~ t OUE: . ,.,.._~jf :~fL ~ ~ :19.~.. . (H) Inw~ _ , PI.AC@ : ' , F1W110A, (U Or~riw~tij~tion . - IJ1 .Ot1+M "'s ` ~ ' - Fo? w~~ ~~wd. tM vnd~rsi~d (Mni~afen ~INd °~kN"1 lo1nM? a+al~Mh? (ft . ~ - : - <`; w ~ mw~ ti~ ond ~uomi~ iq p~pr t01M~ ~t at its oHio~ li~d aboMf, M~7~~t (1(1 - - > ~ous, - _ : , j IU' . . ~ ' ` or Paye~tts.itrQen tNi st ?i~t~ ot Oo1Mn oryab~M~n h~ _ . iMi i~i wua~ mor~+h~v it~cNMnp~a. ot s ~ q~ ~p~ ~~'H,AitG6 ~'~'.~Q - . - t~: a. K: u - ~ x~a~lr~u aw on . . i~~.nd wbNqu~et i~IMMnts_du. oe - - ~ - dN,,,~day of N? t~ t~ yj~ ~.fl~` L BA~LOON PAYMENT OE: - tN1 Top1 of PaynNnp (t3 . . . ! , ~ . ~ ~ .Q ~+`~i.Ti~r~•~iira~~~r~.r~~~. ANNUAL PERC.EN~AbE•RA~R ? l~... • ~ . ~ _..~i . . ~ . . ~ . . ' ~;.,~~~w~~~ . . - . ' ~ _ _ Th~ BaMc ~11 inpwi s ctNi~qrMetl? cMr'A~ d~ WkK cn an1? v~1?rt~a~t which hn b~conu du~ sn~ tinrin~ N_d~twit fa a~iod b? ~ua~ 01.~ dsYS i~ an aewu~t w~ to M~ anwwn of iM prineipal Wrt M sM WY~n~ in dNwl~ In ~ w~nt qrt tl+i 1!loti ii ~of prid ie~ fWl ~ m~writl?. ap m~na. wMdN. o~~. incwst'ar othwwi~. :haN bNr inaeat at tM nweinwm N~I ra~t allow~t w~eiw tlr Iww ot tM St~ af Flaid~.11i1 p~ynMnts n+~d~ henund~r th~H b~ a~dit~d fint w inq~t a~td~d~n to P~PM: ~orwv~er. ia dM w~nt d dtfauh, tlw B~~Mc enN. in ib toM di~ttion. ~PPb ~ti PM+NM!r~ ; intaes4 O~~jPM a~dlOa lswlY~: Ch~r~4' tlNn aoorwd. It.it tIN Mtpnti0el o! tfN.,PMtNt INttto dat tM provhiofa INr~in dyl) nOt P?ovid~ dinedY 4r tw tM prym~nt of ~ 9n~se~ raN of int~ist or d~ ntMtion of swY. oi1Nr eiN?«,tMn it atbw~d by Iwr. It~ ta ~n1! rMSOn. H~t~nit in acae~ of ~uch IpM aa w`~ • c1wrY~ wohibiqd bb !wr d~N1 ~t a~1? taeM W P_~id. ant?,weh ~xa~s ~11 Ntl~ eaf~titua and W vhe~d at a PaY~nt on tM A~eiMl or i~ rdund~d dinetly ; co ~hs N~kM. = _ - . _ . _ TM Mdc~r rn~1? W~ps1l aN Mtin wiPi~d bNaew~ of tbe 1ose~ at any ti~t~. lf iM Iwn is prs{Wd_in full. ~oalKatd a:nfimno~d. i)+t ~Mk~ ~11 ?~aiiw a' r~fw~d'of iM unwrn~d Portion-ot tM intK~tt and iewrinp P~~'+~x+~s corr~Pi+t~d hY th~ Rul~ of 78's m~thod, ~Yqpt 1h,it tf~ 8ank ~hMl b~ ~ntitMd to nt~in _ a ~nira~nuen ~nt~t.d~sr~ of ~.OQ. . CAEEkT LIFE ANQ CREOE; UFE A DISA8ILITY INSURANCE .ARE VOLUNTARY ANO NOT RE~UIREO FOR CREDIT. Sud~ i~swanq eow?ay~ it . svsiUbN at t1» aoa daiOnaqd bNow fa tbe Nrm ot the endit: lal = fw Ondit Ufe leauranea tb) t - tor G~dit lih A~ Diwbility IMUrM~: . Ch~ck . ~ G~dit life I~uu~sna a detind on ths lifi of . AoW ~ Birtt~tt . - _ Box ? Gedit Life ~ Ditability Inwrsr~ is d~sind on . ri~ - BirMdsN U G~dit lift snd/or Ois~bility Inswanoe is eot d~sired. ' ~ ~ oa~.~ M~.N 12, 1979 6~/~.. ~'»c v~'`''''""p siqnacar. ~ a~ c~~ nn s , - • . ~ - ~ As ~ecwitti far t1N wrm~nf ot the Not~ ~M ~Mlc~r henby qrana co da Bank s~u ity iet~nu i e o ~ ~R TI11` ! e d o 0 R. Beok 2 P 2 nf~ i~ee~c~s , , an n - M . ~ . ~ . - - - inttudirg sll inu~MS..wbstitutian. rwisanMnt~, additi0ns and socasiorK tNer~to aM in tM proa~ds tMiwf (t~e~? p1Md "Co11aiMN"1- T+it aarrity . ~ ~nte~ut shsll slso i~eun aoy och~r intMbt~dnw or lisbility ot th~ WykK to th~ Ba~k d"a~ee o. indinct, absolua a eontiepm, dw or to b~car~t dw, now !x- ~ istino a MrNfa! ~risiig, indudin~ al! tntun adv~nta oa lo~ns by ths Baok ~o the M~ker. . , _ • f The 9ank it dw ~ivlo a lisa snd s~ttierity i1?~pt it1 slt~pop~rtll snd s~curitiK of th~ M~kK. endow~r. wnty.9w.anca a aoeanrwd~tior?~t11 of this - Nott 4l~ni~nttK M~rno to a~ thr "Oblqat'1. rww in a at ~ny ~im~.Mrailw tomi~q into tM oontrW, aucody o~ PoiMa~on a~ ~M 8~ic. wheNw f~ tM tx- P~d P~?P~.~ ~Mp w~d b1? tM Bsnk N CWlatuN. or tor an1? otly? ~rpp~. ~nd uPOn anY bslann or bsta)~ to th~ endit o/ M~Y actowm~, inelud'w+Y trust snd a~.y ~ooounri rroinainid withd+~ B~nk D1? ±n~? M ehe Ob1i~oR, antl tM Oblgas apnt to dNiv~r to ~M Brdc sdditionN Colbt~rM or nwlci wd~ ~ WYma~ts in nduttipn of thf ~rindpN anfoutlt ot tlN b~n st slNtl b~ qtatactoty to the Bank. in tM fw~t th~ sforMn~ntiwMd Coit'stNil d~W dKtirN in w1w ~ or t~eoem unati~taceal?_to ~M Bank: . ~ ` • - Additioes to, r~duetiont or exehaeg~s of, a wbstitutiau Iw thf Colbteql. WYnrn?t~ ae aocount ot this Ioar~ ar iner~a~s of tAt srtw, or otl~ 1oir~ ~md~' PHtis1111 or wAot1Y uPo~ tM CQlbttrM. mrll trOn1 tirM to tin~ b~ n»df widWUt sfhctino tM P~Ovitions ot this Not1. TM Bank dNil lx~tti~ rWwubl! pr~ in ths eusto0y ad PrM~rv~tioei oi t!N Co11aMn1 to th~ ~xt~nt rpuind bY ~PP~~abN statuu. snd d~t b~ dNrrnd to Aw~ rx~eiMd rMlon~bl~ e~n ii h t~k~s wuh xt~on for Mst purpoN as Mdw ~II rM~orybty n~uMt in w~itin?, but no omi~ion fo do any set not nquaad by Mrk~r ~f+dl b~ dMnNd ~ failun ~o ~s~reiN ressa~tbq pn. ~nd no omiwion to Cpnply with aqr nq~Nit W M~lcK ~MII of itsMf b~ d~nrd s tailun to exKCi~ naombt~ csr~. Bse~k ~lall not 0~ bound to ~ take sny stps e~onwy to ~a~rYt +A~I ri~a in th~ CollstarN p~imt prio? psrtiet and MakK ~hMt tak~ s11 ~sopwy stps ta w~eh p~upaes. tht Bae?k or its - nomin~ nNd not oolNcc inantton, a.a 0~~ of, any Colba.at or pive sny naia.wid+ ra~p~et to it. . - TM @ank nry eontinut to Iwld ~ny ColUt~pl dpotiqd INnunder dtN thr psymwn of this Nott. if ~t the tim~ of tM psynrnt and d'ad~sr9t henof ~nY of r tM 0~?~~M IiabN /or th~ WYnrnt her~of fA~N bt thin.dwcthl o? eontinpM?th?1'~N~N to tM Bank M MMcer. ~ndor~, wntn. 9w?antat or socanrwdrtion Dve1? ot sny otiNr ecb, drsft, bill OF ~~ha~p~, ot,otMr irptrunMnt. p otfwrwia, and dit B~nk mhr dwn~ftK ~xKp1t NI riqF~ts wiM rNp~et W~id Co14U?N prsnt~d 1~ ~wn thwph tba Noq ~ hw~.bwn wrr~nd~nd to di~ MtkK. If ehi Yank da~tr.itleN inWeun a upoe th~ h~pp~nbq ot any of tife tollowinp wincs. Wch ot whicb shdl co~utitut~ a default, Ml tisbiliti~s d ad~ MakK to tfa Bsnk, ineludirq tM ~ntN~ w~p~id principN of tbis Nott and aeuwd intsr~t, lps any unarmd in1~r«t ~nd any inHntt in ~xpo oi tM mucirnwn allow~d bv 1sw snd any r~ta rpuK~d by Uw, ~M1 inxn~diaeMy or Mrrwlw. n tM cPtion of tM Banic, ~xapt d~at dw oxaraia of lel q fd) iM11 esuM wmnwt- ~ K sa.~luatioe: witlw~t notio! or dan~nd. Mooer dut ~nd p~yaWK W tM tailun of any Obll~or co pnform any eblip~tfon, li~ility o? e1~ie~n to d~e B~nk, to prlr int~rpt h~nOn witttin 10d~yt aEt~t it k dtN, Ot H UNn is no dw d~tt. afar it is billud or otMrwiy raqtNSbd o? dwnN~d, or to piy amj.OtM? liibility wfttt- ~ ~o~wr tb tti~ 8«ek v~»n Wi tM d~eh of anY indiwidwt OWiYa?. tht d~Olution o~ ant? o~rtnar~hb Obli~o~ a tl~ diaotutlon, nw~ar oonwlid~tion wid+-. out tM 6ank'f P~ar writt~n eons~ni of ~rq? ~aPe!atr Oblioor te1 tM idi~g of ~ Mtition if? bM~kruPkY a tht acfjudia~tion ot iiqolwn~Y a b~Y~kniP~V wrlR ; a~1t ?~a0~isatian; o~anY!m~m. n~djustn~nt d d~bt, diaoluuati Ilquidnion a simiar praa~dino undM sn~r F~d~rN o. saa ~ntua, b1? « MM~ ~Y ~ Obtpa: td1 an ~ppliestioe tor eh~ appoinan~nt of i nodvK tqr, a eM m~k~ of a~n~rsl awipnnwit fo? f!~ bMNfit of endiews by. a~w Obliyor. tM ~au~r ot i~+d~re~nt a~imt a~+Y Ob1ilo?:1i) tM t~wirq of afM? m~d~n+w+t or ~?~Irmnt. « tM rilirp of +n~? li«+. psintt uM? P~oWrh~ M anY Oblipr: b1 tA~ qkin~ ot ; oou.•«o~ a.~w,~e.~t~a o.n o~ a» wavra o~ «w oaMo..e ~n. o~ ~v oo~.~~ w~w: t~a an a.eKn~,.~ er r.+~ m.e. ~a.~~- r ai sdwr~ ehatp~ hre oeewnd k? dN tin~u~t oonditian d ~rM ObliOor fran tM oa~dition~ tK fonh in eM moet r~ae~i.tiMncial ttswe»wt d wrd~ ~Wipi. her~toia~ furni~h~d to Uw B~nlc, a hoen ~ eondltion d wd~ Obtipr u hKKOtore mott ~~o~ntl~t d'adaMd to tM 8anlc. or ~t inr w~rranet?. nP?w~aat~on. cartifiesM or stiMrlNnt of any Oblipr (wINd~M o0ntawNd i~f d~t Mota or ~oi1 p~rqinUg to or in oonn~etion wid? dus ~loU ot RM b~n ~+ridmpd bY ~Aw NoM conrsin~ an u~trw asaminc M~iN tact a omitt a tt~a nrariN f~et n~oat+irY in ad~. w nrk~ qM st~anMna n+~d~ ~ot fni~N~diA; or, (i1 tM awiorf ment 61l uMf ~ANw M anY puiq M sny d tlw Coibqr~l without N~t P~ior writetn oo~a~nt at tM B~nk, . . TM BM~k slnil hw~. Aut NtNi IIOt b~ Nnfit~d W, tl1~ ioNONiinO ~i~ts. NDl1 Of wNid? ~Y b~ ~xMCiMd at anY tlmi MAwthM ot not thi~ NM~ h dYt: (i) to P~~dY~ a tr~hr tl~i~ No~a and dr Co11st~M an0 tIK l~nlc ~lnp tl~~~pon b~ rNi~wd M MI dutiN and qqoi»ailitia hKwed~• a~d nli~vrd honi an~? and M1 li~bilitlf with rMput to aRy Ooart/tN fo pNd~d or tran~ht?~d, rd antl or tratufKN fiyll for ~il pyrposa stMd in dN P~+ O~ tA! ~e+k i~i~ww~d~? and nav~ aN tM riOhb d tM 6«Nc I+~rwndN: liil w ased~r eM wlp4 a~~ th~ CotltE~a~ Mw th~ ~wa~ ot it~tl w it~ ~anNiw: (iiil to w4 ~ha CoN~arN: livl to notih? tM Obli?on ol inli Ooli~taM to nnk~ Pwrn~, b an~r aenouua t1w or to b~m duR dMr~on: (d to dMe~nd. w» for. oou~ot. or a~~'~NK~ as u~se~ ~'er`e~n m'~eans ~ ur e'~Re`~e~°'~~s ~oc~a~es; `~n~.a n~~r00~~s a's~ gi°~n~0s:°i °~:~ON="~`r' ~ ~ _ . 0 R i~ ~anc~: 8EE OTNER SiOE FOR IINPORTANT INFOROMTION dOOK P~CE. ~ Fes ~sa a..~. ~n~ ~ y~~ I _ _ - - _ . .