HomeMy WebLinkAbout0403 ~ _ ; r,:~_~ ,,.sz:.J~>~ t•_,_ .aa--.- ~s , r e_1~p-'~'~g,:• _sS.~' k.._..~. _ .,3x,~ - -~`a. , y~,. . . _ .~-a~ L.,a:'M ` •~-c~~,., . .
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~ . ~ ~ . IN8TAl.IJMENT PROMIS~Q.RI~ N~TE',~ •r •
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• - TURTLE REEF ASSOCIATES, INC. * t~u ~?nwun~n~oaya,, _ ~,~2b.bQ .
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Jensen Beach, F~orlda ~3457 _ uaio+~an,? - : s~~~.~......_
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. ~a Amo~i+e F~n~ae tt.
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OUE• ~ • 19---• -
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PLACE: - FL4RIW1. Q) tandit Im~tti~tion = -
, Fo..v~ ?~aiwd. t1~.w~si~d (1~nhNitn. cNAd "Mrk~.:') jofnth? anda~wrMNl~~ K1 ~ . i~ - ~ f
~m4tt th(+ oeNl Momi» to P~Y to Mt_ ~t ie~ olflp Ibaid abpN,~~
_ ot Pa~Inw~ts Iho~a 1Nl st ~i~htl of . ~ " Do1tMS o~tt~blt tn _ . ~V _
wu.~ +eo+~wv kawinMna a = ~ ~ ' - . eM.t~st _ lW ~INIINC~ C~IAlIO6 ~ 88~ 4Q
~ i~ i. K. u ='r1l~",905:'~C""
:~niwt+~ne, dw oa ~
J~Z : t~.~... ~no .~«it baw4.Mna dw o~ :(1~N n~ ot ?.ynMa~a tQ • UA1 S
`n,..~#,ya a~~..r~t~ojr~wiM~fINA~Q11L1~O1~,PAI?MENTOF: ~~t,~A6'~NTAt~H RATE • ~
; ~I@~°-" - ~E : e ~
TM eardc ~fiaa in~ppi~ A_ aMinqwM.w d~+~a• ~ d~. M~k.. on a~v a~t wnich Mt b.oan. dn. ana tinri~t iR.ddaure cqr. p~iod 1n.x~ ot 10': _
dsys in anlnaunt p~wl to~5~~ of tM anwwit of tlr 0?tnclPd Wn o! th~ p~y~n~nt in dNauh. ln tM ~t UMt th~ Nou N not f~dd in full ~t ~mtuNlll, NI pN• .
nrna. wM~h~r ori~cipal;;inanic o~ atl~wiM. t~ bar h+ar~t n t~ macin+U~n NOM na dlow~d w~dK tlw 4w~ ot thr Sba.o~ Fbrld~. All ps~rm~nn
h~nunda Mi~U be u~t~d first to Intu~t and d~M W P?indpd. how~wr. i'n tM w~nt of d~hult, tM ~nk nrY) in~H~f fol~ ~tion. aPPh? ~Y W'W~~
incM'ab Pr~+ti~IM Nld/o? lawful Nw~yN tMn ao0rwd. (c it t!N ifltMtiOn of tM PrtiM IIM~o MIIt tIN pravi~iom h M N ~ fi~111wt WOVid! dM~Ct1y Or aldint~y
tov ~ht P~1ImM±t O~ a~racK raa ot ioantt o~ tM M~ntbn of a!w odK? elw~ eh~n i~ allow~d bY Iwr. li, ta smj ~wa+. iet~rat id ~xa~ ot w~sh tp~l
• eMr~'O~oh:lbitad 4Y t~w. thNl ~t ~a1? tin» M W~d. M~Y ~A ~npt~ fhiN NNw oonttituts and.b~ trp1W ai i WY~t on tlw P~N~1 or b~ ntund~d d~ '
' to the MNwr: . . . - . , _
TM ~IcK nntl P~+P~t? tM ~ntin uM+id bslsna of th~ Iwn ~t +nt? tinN. H!h~ !wn k P?~PMd H+ fuN. ~eteMnad or rt/insnad. d+~ MNcK qHll naiv~ •
retwid of th~ unprMd portion of th~ int~rut and imwana pr~lniumt ~amput~d bY t~M Rub of T8's m~thod. ~xapt M~t tht 8ank sh~ll bt ~i~tit4d to rst~in
a rninitnue~ intuat d1ar~! ot _ ' _ - - `
CREOt1 LIfE AN4 CAEOIT I.IFE A~ OISA8ILITY tNSURANCE.ARE~VOLUNTApY AND NOT RE~IlIREO ~OR CREt~IT. Such hqurana cc+rna~ i~
swi1~ st tht cott dqi~t~d 6Now fw tM t~m of tM ondit: (a1= tw Ondit UM Inwana (b! t - _
for Cridit Lift ~ CiptNlity Inwrana: ~
Ch~ck ? Cadit 4h Inurana i: d~t+nd on da lif~ ot . d~
MP~• = ga~'d'-y~ -
Box O G~dit Lih ~ Dis~bility lr~surar~oe if d~it~d on ~ .
Birthdat~ -
1.:~ Q~dit Lift snd/w Ois~bility lnsuqnt~ it not dtsiqd. : /
D~. 8, ~ 1976 ~
oan: Sq~cun ~~1= i,/.f_ U /~~f :i-G--f__!- ~LG,C_,._L_._:.
An P.-Rosenthal - .
sipano.~ , .
Ai ~cu~iri fa tM P~Ymmt ot iM Non [M INdcK h~rM~? Orsna co th~ Ba n ~ ~ : t1 1,1 e @~ 1"1
, int! R BQnk 263~ Paae 2002 !)nit wi•~~ 49 and 50 in Cond. _ D-17. t.- ~M. D- ~s -
' d•~•.••~ tn ~sid sertna~ ~
~nchidinp ~II. a~.u~s, wbaicucio~s, nplacemrntt. ~dditian snd s~ousions tha~to snd ~n d+~ p~oc«ds shKwr lha~indw alNd °Co~laanl"!. 'fAa aou?ihr
( ~nt~nn d~Ml aho s~wn any otMr indMit«lne~ ar liability of dr M~IcK ~o Nw Bank dinec or indinc[, ab~olua or oontiny~et.,dw or co b~corn~ dw. now ~r-
' ~sti~g a t~ndar sri~in~, ~netudirq Nl luwn ~dtrM+aa o. IoMa by thR Bank to eh~ MNcer.
i Tht Bartk i~ ~1i0 pvM~ a,tiln and ~ Mwrity interat in MI Orop~rh? and MCU~itNS ot tht 1A~Ic~?. ando~ser. wnh?. WrM~tor or stoonrrwdatiOn p~rtV of thit
~ Not~ thKeindt~r ~tf~rr«# co a tM "OWiyon'7, iww in or ~ny tin+~ haMfta eaMrg into tM eonuol, ou~iodY o~ poM~aion of tlw B~nk, wMtAr tw tM ex.
o~~wd PurPow ot bM~O uNd bY eM 8inic a~ Co1latKS1. a to~ an~? othK P~~t~N, a+d upon an1?. bNann or bM~ap to tM a~dii of arw aoeouna. indudioY
truft and a~fllY aoQOUet~ nri~tsinW withtM ~ank b1? ~n11 of tiM GWiporj,•!~-the ObliOon ~yn~ to dN~ to tht 8ank ~tional ColbtMal Or nrke ~ueA -
~ P~t?mrnts in rWuetion o~ th~ p'u~ip~l aaaunt M tM Iwn as shMl b~ ~ti~faetaY to d+t B~dt. io d+~ w~nt d~i aforarrnti~d~oll~mal ~hat1 d~d4w in vMue
i or baonn u~tidatto~Y to tM Bank. ~ ' r 1~, _
~ Addition~ to, nductioia a ~xeh~n~rs of, ot wbatitutiora fa tM Collaual. WYmeea oe ~ocouet of d~a loin a iner~ts pt tA~ wn~. or othK Ie~s enadr -
Ovtitlb o~ wholfY upon tht Co11~teN, m~1r trom tinM to tane b~ rt~~viNlout dt~trti~q iM prarWoro~of thi~ Nou. 7M B~rtf~ tMtt tx~rt~M rwon~bl~ eatt ie
the aMwdV and V~?wti9i+ of th~ Collat~tal to tM ~~t nquind b1l ~ic~bla tt~tutt. and d~aN b~ dMnwd to Aaw txirci~d rNton~bl~ p~ if k tak~s sud~
sction_tor tlMt P~ aR`Mdc~r thsli nMOn~bly r~qw~t in w?ilitg, eut no oma~ion to do ~Y aet twt nquKf~d b~r M~kK sMil b~ dNard a fWun eo ex~?ci~
nasomW~ w~, and elo on~ion t11 oanPh? vrith anf? ne~wst of Mdc~r ~IMII of itfelf b~ dMnMd ~ failun to ~xMeiw ~N~Omblt Car~. 8ank ~hall nOt b~ bow~d to
tak~ sny st~pt n~o~MMI! to P~oiMV~ ,n1/ riOhtt in the CollaWSl a~intt pr'wr pNti~t and Mdt~r Mqll tak~ sll Mo~sWrY sUP~ ~Or ~ucl~ p~upo~. TM 8ank Or its
nomin~e nwd ~oc oolMec inan~t pn. a
P~ineia~ ot. anv Cataaa~ or oiv..m eoc~n wid~ .e~ct w it. , .
TM Bsnk mry eonti~~M hold anY C~I~tKSI dr0~~ h~.wrrLt sft~r tM WYnNnt of thit Not~, if st th~ tinr M tM prymMt and Ai~h~A herw( any of
tM parti« IiB~M for t1N prllmMt Mr~of ~IWI bt thM~ dir~cth? or oontinp~nW tisbb to tA~ Btnk at Md~t. ~edwn., wrth?. ~urantor ot aoowrrnodation OsrtY
ot ~i otMr noq. dr~h. bill o( ~~r~, or afw i~aunrnt, a od~wi~t~ad dr Brdc mry thKedtK tx~rci~ all ri~a witfi r«p~ct to t~id Cotlat~rat
qrsnt~d hMMin wM~ tfw~ph thit Non rhsll b~w 6Mn wnN~d~nd to 1M MNtM. . -
If tht B~nk dNml itMlf irq~wn or tpon tIN hrpp~ni~p of any Of tfN foliowinD ~wnp, sKJ1 ot which fhN1 ooiutituU s d~Jault. NI IiabilitMs.ot Nth MskN to
u+e B~n1c. indudirp tM ~ntin w+Wid Prieicipd d thM Nob snd aocrud i~ntt, lat any unMrmd int~nst ~nd +eY Mtarat in ~xaa~ ot th~ macimurn albrwd
Mr hw «~e any nbst~s ?~w+~nd W IwM, dya.imrndi~alr or dMrwtw. a sh~ option of tM B~n1c. ~xo~ot dwt tM oq:wr~na oi k) a(df ~hMl eauM aueam~c-
ie aoalKnan: wid~orc oot+a ar d~nrrd. b~eonr dw ~nd pwa6ir. ld eht f~ilur~ of ao~r OMiOo? to p~?form a~w ob~+~tion.ll~bNlt~r a ~i~iin to Uw Ba~lc. to p~tr
~ inar~tt hK~a+ wiMin 10d~yt ifa? h ia diM, or H tha~ i~ no du~ dnt. aft~? it it biii~d or othMwfM nqu~t~0 or d~ndW. ar to. WY ~n1? otMr li~bilit~r whst-
~ to th~ Q~nk wlNn dw: (b) ~Iw dMth ot sny indivi~uM Oblioor. tM di~olutian M~nY P~?~M~+b Ob~ha or tM diaqlutlon;*n~rM?c?oonwfid~tion witb-
out t!N 9~nk's P?ior vKitt~n oa~nt of aM? oorponb ObNYo?: td t!w filin0 M a P~~~ i~ b~nkn+Oto1? or tM ~IudiadonYol imoh~ncY a bnikruPleY
a~ll norqnimion, arrv~ewK. rMdjYltmMlt Of d~b[. ~OtYtiOn, liqufd~ti0h a~Mnia? WOOMdieO Yild~? MM i~dKd ot sqM staWt~, bY Ot pNn~[ a~Y
~ Ob~qw: t~ u+ appliaebn tor tf~ ~oodn~nt d~ nah~r ta. a eh~ erlcin~ of ~~r~l +w+~+t fa UN bK+dic o1 er~dito~} br. Ob~toot: (~i th~ ~nur
~ of ;,,~,,,~+t,r~.nr aw+oo.: ~n n,. a a~w.naai+~..nt or ~..~,.M. a d~. ~a~ o~.~r u«~..~+~n? o•oa«~r o~.~y oa~o.: ts~ aks~ a
~ ~ion a.rw ~U~N a•~ ot n~e a~oa•~t1? of nw obfi~o~ at eh. are~no. of «w a~•?~~ ~+~+a?ie~?: (h) ch..a.anntn.tion b1r dn ~adc d~at. ~n.ari.
si adNrt~ ehMq~ iw oawnd in th~ tM~nelal oonditio~ d an1? Obli~or frpn tM oonditlont ~t faM io tM mat r~ant fin~nciN tt~tnn~nt ot ~ Ob1ip? ~
ha~tofon tumalNd t0 d~ B~Mc, a hom eM oon~tlon of weh OblfOo~ u hatwion moa r~o~tly dYdaMd fo tM dr~k, a dat any Mwr~r. r~pn~ntn~a4
cerriiiat~ a a~anNnt of any Ob11~ lvrh~tfwr oontain~d in thi~ NoE~ a not10~~Y w or b oonn~etlon with ebk Nori ar th~ ~an widrnad bY Mi~ Now ~
tonai~ aa untrw u~t«mnt of nra?W het or o~nit~ ta salt nrqrtM het rra~y in adn to +~t~ th~ ~qNn~na m~ not n~ip~: ot. (i! eh~ awiMr
mN?t b'f? anb ~Iw ot pu~tll ~~Y o~ tlN Co14MrN witlwYt tM Wi0? wrltHn owMMt ot tM ~nlc. '
TM 6~nk ~y1! hw~. but d~sl( not b~ linrad to. tlM followi~p r t~, ~d+ of whieh ~n~y W a~e~d ~t aw tinN wMt~ or not this NoM i~ dw: (i) to ~
RM~ a u~t~? d~k Wot~ and ~M CoNrarM and tlr BMdc Mid~ ~upon b~ nti~wd ot MI dutia vid n~on~l~Na h~n~dw N+d n1iMd ho~ a~w ane aH
~t~b~ittr wid~ r~wat to an~r c:a1(~.al ~o pNd~d or era~d. r+e arw a~~dw a u~f~ ~hM1 tor rt ~ucv~ ~u~nd in dM v~ M d?~ 6rnk MrMendK and
1yw NI thr rf~ht~ aR tM d~nk ~rw+nd~?: iH) to asert~ Mt w1aN a~? p~rt oi th~ ColNhrr into tM n~ ot FuNf a.ia noinlms: (ilil to vob tM Co11atKN:
livl to notHV th~ Obli~s d+iw Collaanl to rr~ P~Yen~nt to tM 9~nlc of any ~mounet dw w eo b~oo~ dw tlwnon: (d to d~nwd•, ~w /er. ooNK.t. a
~ ~ 01 ~p~ooMdr
~ «w_~q;~~ a~~ ~e n means u~e oc~~~es `~n~, nc ~/ar`~~s a`~s' r~s .~~Co1iq"'. I
~ ~ _ ~ NOTICE: sEE HR sICE FOA IIArOHTANT INFORMATION ~ B~K~~~~~~ .
FBS 7S2 R~r. ~/77 ~ ~ t
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