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_ : . - --.s . E_.,- , - . . .r - » ._.~a.•_rc, . . r~~3y(.i•~*'f~•1c°'yrTi~'~`'~At'i3e,.:-9C`":`va'L.'15•~-~t:~?~'~.~ "~-f _.-9Y+{ 'i~: ~^-'•'ists~~.~t -~,i:,y.~ :i,~,,,<., * ~ ' ~ , ~ . . - . - , . . ~ ~ 1 - ~ • INSTALLM~NT PRQMI$90RY NQTE . . ~ , . _ ~ _ ":F. . - 1 . f~ ` ~ - i . ' . , _ . . TURTLE ~REEF ASSOCiATES. INC. : # . - t~ ~?awwm w.o.~ ' : ~ , ~ . . . ; . . _ ; : ts~ ur~ ~ro i - none = . n~.. ~ Je~~en 8eatc~.~ Florida :33457: . , - - ~ . none ~ ~ : . . tC! ;D~w~~rr aweo. : _ . : tD~ Othir.~yp Itt~nnis~l i ~ _ . : > - , - ~ ~a' ~ . + NOTE NQ, . ~ W1TE0: NOY• Z~ ,1~ . ff! . ~ ; : Rp . ~ . . ' t~„ ARlouet fi~wie~0: ' - ~E ~ " N4V.` Y6. , . , . ~A. D. C. C: E. f1 ~ ' . . Y INI `MMttet i ~ • _ ~li ~ tm~+wi:+o~ - _ , PLACE: - . , FLORIQA- _ - Ouwr i . . s f Fq. w~w ne~+wo. iM und.ni~d (aN.ln~ta. o~INd "M~Cu'•) io+~thr Ma.hwraNy iii ` ~ ! _ ~ mcn ~n aM1 promi~ w p~r co ebs ~g~ . at ia offia 1MW . IKt • ~ S _ " ot Paf?~ lhom:IN1 ~r ~ht! of: ~'3~. rW : pWt~s vsti~bN ie`~~ {y ' ' : . - IM? FINMICE t~1AR0E . ~ ` ~ w„~ ~.~,r ~~w~«+~a: _ . - ~ _ . u,; r,•~ ' - . ~N, K; , 3 490.4Q ~ : ' +~iwln+ent .dw a+ , .'1~~. «w wbMqwn: iiuwlm~nb dw~on !W1 tow of.Aivenrng (Q; rU = ' . • a~. ~~rot~o„~ ~w?LU~,~« w_en! F~t~u? Re~?,k_~ p~~r oF AIW~tUAI ~RCENtAtiE lU1E • s ~ Qcie . : - : , . - : . , ti. Th. e.nk .hyl ~bnoa. a del+paiu~r ~l1• +yNnet eA. w~ku on .~1r: P~ywN~t wbid~ M. b~eon~t au. ano~.hrMii+. in d.fa~it fo: i A•ria! b.xoy. oi 1q,, dayr aR an+ount ~qu~i to 5%: of tt~ amount ot d» o?ine1PM v~?t ot d~ paym~nt sn ddwtt: fn th~ av~nt dnt ehi Note li ~lot paid In tutt ~f ~+nit~tt~?. ~N Prr-Y : m~nn. w1~tM~r' o~~~eipal, ineerat a ot1?~rwia. pwll b~ in»n~t ~t iM macinwm.IpN raa slbw~t undK d~ l~ ot tlw St~a d Fbrid~. IW payen~nu I~w~ ~11 b~ urdiad first to in0a~e snd eh~ t0 prineipN. how~~rn,,- in tht ~vwtit of dlf~yh. tM mnk mry~ in iq ~oN di~ntion. aPPh? aM/ Ps~+~t~ int~ntt. princip~l ~ndla l~wful sba~M dwn_ao~;rwd. It b d~e.instotion oi tM W?tiu hw~to dWt t1~ pro+r~ioa hwin NtNI nOt ~bv~dt dir~t111 ar in~kseq~; : fo? tM~p~ym~nt of ~~rp2K a1~ of inar~t o. tM ~?tion of ~any othM cNrps tF~n h[ Nbw~d bY hw. ll. fpr ~ntl n~iwb ~at in axo~ M w+cA NYd r~b or. - • C~ P~~4ibd• bY 1rw ~all at ~'1? tim~ b~ O~W, aiM? aKh sxoa~ Muil NtMr Sonsdtues and, br tn~~d a~ a psynwe~t on tM M+neiPN ot b~ rafund~d tNnp~t ; to tin. M~hn: . - - - - _ . i'11t M~IcK m!'Y PnP~b tt~ aitirs w+PNd bdina~ of tM loan K aiW tinr. N tM Iwn is 0?~W~d in (ull, aoo~MrstW o~ nfi~nad; t~ ~lar ~l?~N ne~iw a.._ nfw~d of th~ u~Md P~ion of the intar~st n~d intwanp C+~miunb caaPi+ad by tM RuM ~ 78's nNtlwd. ~xapt t1Nt tM 9~nk ~hMl bi MtitNd to ntMn s nuNnwin iotw~st d~ar~ d~ ~•OQ. ~ CREDIT'LIFE AND CREOlT ~{f~ Ai DISAHILITY INSURANCE AFIE VOLUNTARY AND NOT RE~IJIREO FOR CFiEO1T. 8u~h inwnno~covRpti~ av~il~bls a th~~cost d~bd bNow ~or tM tarm of dr ~r~dit: (~1= ta Cnoit Uh I~w.ana f W i:_._..._ fa~(3~~dit Lih~ OiwbilitY iMw~1o~: . . _ Ch~ek_ 0 G~dit LiH liqur~noe.b desind on dN lit~ of . APP~. 9irthdat~ . eox ~ c..ah uf~ a oiisbi~is~, ~nw?ana ~ d~ane a; - . BilthdiN L~ c.~~ ui. ~a~o~ oa.a~inr i~,..~.,a ~o~ aes~.ea. , ~ oi~.:~ Nov. 15,1976 s~~,wn - - : 9 - _ s~,.a,.. - ns ~r~tY ta th~ owmN+t o~ tt~ ~ou ie~ irhkK ~nbv ~nnts w th~ Bsnk a~cw~ty ~nurest in tM ta~ow~ns ~~y: I11- Ti1M~ e Ree~ fld. 1 reco~~:1n 0.~. Book 263: Paae 2002..1Mit Weeks~40 and 41 ia Cond. ~~v, . . as dotcrib~d-.~n ~!i ± aartgags. ~ indudieq aH inerNMr, wb~titut'iont, nplaeem~nn, additiom Md soonsior~ tf~nto snd in tM proes~dt tMriof (AerrimftN plNd "CollatuN"l. Thi~ s~tity ~i intentl thail abo~~ure any otlNr ufd~bqdn~ or liapility of th~ M~ker to th~ B~nk d'enet or indinei. aludua a eontiny~ot, dut or to b~eant dw. now I isti~ or M?~tttp iriiirg, indudinp all /utun advanns a loar?t by tM 8~k to tl~ Mdcer. TM 8ank R abo oiwn s(i~n ~nd a't~curity ine~rqt in dl Prop~ttl? ~d s~eurities of tAt MMc~t. ~ndot~. wnh?. Ywranto~ oi sooonwaodstion puty of Mi~ Not~. (fMnieNttw nfernd ~o as tM'•Obli~ors"1. rww a~ a N ~pY unw huNft~? oomin0 iato M~ eo~tral. a+stedt? a Qo~aion of tM 8~nk, wMtMr !a tla uc- W~d W+!PaM Of O~ino w~d bY tht 8anlt u Colbant. ot !or ~nY otMr P~~Pa~. Md upon m!I balar~ or 6~Ir~s t0 th~ endit ot Mq? ~tou~a, indudin! ~ trua aad ap~ney aooaents manai~d wiMdr B~nk b1? aiM? of Mt Oblgon:.snd d~e Obtiooa a~rM co dMiwr to th~ 9ank additionM ColharM o? mNu weh _ ~ P~Ynnnts in r~duction oi th~ pine;pM ser~ow?t,a~ th~ Iwn a Mali M snidactocY to tht 8snk. in fM ivam tM afor~nciard CollaarM ~I?s11 d~dine in rrdw . or b~eomR umsuNaetorY to NM Bank. - . . - . A~ddjtfont to. nduetioet or sxd~ of, a abstitutions for tM Collanni. PwnNna on sooount oi thit b~n or inaN»s ot d» t~nr. or od+~r lora en~dt PsrtiMl~ o. whd~Y ~(Pon th~ Co11aNq1. nM'Y fran tin~! to tim~.b~ made without Nf~ctinp tM p~ove~ioM oi thif Not~. TM BMfkMiM1 txKaM rtMOn~bN prt in ~M autody and prw~ntion ot thr Coli~l~n1 ~o tM n~a~e nquMd bY ~PPlieabN srnua. and ~i1 b~ d~erwd to Mr~ uur~eiwd r~on~bN an it h bka wrd+ sttioe fa tlat purpoN a~ MN~r ~hMl nMaqb~Y ~~9~at.in writieg. bnt no omis~ion to Oo sny aCt not r~quNMd bY M~Ica fi~ll be dMnMd ~ fiilu~ to Wrei~ ns~aybM an, and no omi~ion to oomply with ~ny nquh[ of MNcw ~all ot ia~M 6~ drerNd s hilun eo ~xueiN rw~o~Mbb un. ~nk ~11 ra~ b~ bamd ~o uk~ q1y a~Pt rwa~Y to An~v~ anY ri0ha tn tM COIIKKN spsi~ni P~io? 0~?tia a~d ~Aa1cN ~h~il talt~ all r~oqtry sqp ia wxh PurPOMS- TIN Bank o~ itt rromimt M~d not o4Mhet Ma?i~t or., ota P~~e1Pd ot. anY Cottamal or 9~ ~n1/ notio~ wiM rap~C[ to.it. TM 6M~k orl?=or?tirrN to bold any ColWatsl d~PaiW h~nu~dK sft~r th~ psynw~i ot thi~ Nott, if ~t the tirt~ af tht WYmMt and dikh~ry~ M?pf a~Y of tM v~~a ~i~bN fa the WYm~nt Iwr~of ~Aslt b~ thrn din~W a o0~~~dY l~blt to dN 8ank ~s Wker. ~++donM. wnt~r. 4wr~nto? a ~eoomnod~tion p~nv of an1? otM? no~. dr~1t. bilt Of ~xdntpl. w otMr k~trYnnnt: or odl~wi~i: Mfd tIN 6~nlc n~Y MMMltK ~x~rCiM MI ri~tt wiM rMP~ io said ColttlpN ynnad Mnie ~wn_ttiaph this Not~ daH hM b~M~ ~wnfwMrrd co tlM 4A~k~r. • ' It,tht B~nk dNnK i[ptf in~eun o? upon sM !?fp~qnfrq ot any ot th~ folbwi~ ~nu. ~fi of Mhid~ dall comtitutf a ddault, all liabilitiu of s~ MNw to tM B~nk. ied~dino tM ~ntin uep~W OrineipN o/.~ Noa ~nd aoerwd i~?Mt, lat ~n11 u~rn~d inwMt and ~n1? int~nst in ~xsN~ ot t!N nwc~num Mbrwd b~? hw ~nd a~w nb~as n4u~i~~d bf? 4w, ~N bpnwdi~q? or tl~f~r. at tM eP~ of tM 9anlc. Nio~Pt ehat tM ooawr~nw. ot k) a(d) tAdl o~wt ~uwn~t- ie ~ooe~ration: without notio~ w d~nMnd. b~oonrdw ~nd prya6l~: lai tIN taitun of rhr CbllOor ~o P~r?oni~ sn~r obli~t~oo. IbbNitlr w NM~n to t!N daNc. to pq? interpt Mrwn wi~in 10dry~ sftir h h dw, a N 11Nr~ it l~o dw tfRt#. ~ftit it h hilbd ot otMrwiM ?~Ow~qd or d~n+~nd~d. Or t0 PM MW oMK IiWilhy wh~t. ~ ~w+~r to tM 8~ic wMn dur (b) the dMth ot +el? indiridwl Obli~a. ~ di~olu~ion d srw v~~1P OWioor a dr dl~ohrtion. nNryN or oon~olid~tion wiM- z out ih. Bank s priar writta~ ~t d rM? oo~oor~dr Oblioo?: k) dw filinp of a Mtitbn in brdwp~ey or iM ad~udiordon o! iroohwney a b~nkeupr.y wrNr s~W r~o?animion, anrpwn~et. +Mdjutanrnt ot d~bt, diMOpitlon, p4i+idstion or simibr Prap~dini uM~r a~Ml F~N o? tut~ sestut~. e'1~ o~ ~ ae1? Owipa: (di ~n applkuion foa ~ avP~+tnNnt M s naiN? tor. a th~ mrcin~ 01 a p~t ~ipwr~+t la da bMtfh M cpditart by. aiw OWiya: b) tlw ~ntqr o~ i~+d~t +Y~~ ~Y Oblipor: lA tM I~wirp d Mw ~etad~mrnt a yvni~lwnrnt. a ttN fAin~ ot a~6 ~iab ~ ~+w P(opKty of srw Oblipr, tf! eM ~ d Posauion of ~n~/ NibstantiN W~t of tM ~opaty of ~n11 Oblpor ~t t1N inttar~n of ~nY ~o~?mNnql ~ud~prhl?: ihl tht d~qnnin~tion b~r t1~ ~Mk tlyt ~~i- ,1 sdvKS~ eharqa hN a~o~rtrd in thi lfeaekid bonQit~on of Ob1iYo? trom tht cadition~ s~t taM in tM mwt rro~nt fb~nei~l sawnMnt ot wrd~ 06~0~ ' Mntolon fweidMd to tfw 9ink, or hom tM eadision of w~h OWioor at Irntofon mat r~o~ntM dbldaMd ~o dM Baak. 0~ Uwt aa1? waranlY. np+~ne~tloe. . catifiati or sbqnNnt of any OWioor bM+~bM a0ntain~d in ~it Nob or wod pMUiNti fo o? in ooAn~etioe wid~ dlk NoN a dN IoN? ~+ridmqd E1l IMsNqN eon~ ai? vau~w wt~erwn: of nruNal bEt a oa3a ~o !~e n~a•i~1 f~ moM~rr ~n ocdK eo nr~ 1M wernw~u nMd~ eoe m.nt qr.ny lbtcr ot anr wu+t~r i~ ~n~r ot tM Ca1~N widaut d+. a?ior wricea+ eonMnt ot a+. s~nt. a. (il d+ii aNiN? TM 9ank ~1qN Mvr. but ~tl elot b~ IM~itd to.1M foibwiip riafti, ~h oi whk~ rn~Y ~~rCiMd ~t snll tin~ wF~NM or nOt ehi~ NOM i~ dw: lii to aaa~. o. u.~« n~. t~oa s~d sh. caaa~ «a ~n. a«~ aaa d,«~ a?.~.wa a.a a~ww a~a ~o~aa~~a ti..w~d...~+a ~w~.e f?.oa++«w apd.n ~iaDititt? wkA ~K to any Co~Inini a p~dMd a trs~rMrqd. ~nd aiw.,vMd~~ a a«+~irrM ~h~1t ta aA vwao~ wne M dN pl~a M d+~ Mnk h~rwwwa and _ n.» ,a ~ao~ a~. e.~~h«.~,~a..: t~~ ~~.~+r.. ~+a. ~..~,?p~ a~,+. ca~ ti» a~ a w~+o~~..: 4~ii to.~o.. eM ca~.n.r: _ t;v1 to notitv ~n. oaw«. a«w:cawarM w nWc. v.~?mMt ~ t!K» e6iiM-~f.ny ~no,ina dw ot w b~rar» aw drna~s (v) w d~n.nd. ~ f~t.:ooil~et. a 1 ~ a~'~'~(! ~ aa ~se~` ~ n means' u~e~Ree ssoc~a~s ;`~n .~°~`a c~/or`0~s s~' gi~n°~` - . , 0 A ~ NOT1CEs 8EE OTHEq SIDE FOR lMPOATANT tNFOHMAT1pN - g(~Q~t~~: FBS 752 R~v. 7/77 ~.,M3~ ~ _ - _ . . _