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~ ~ INSTAILMENT PROMIS$ORY NOTE
~ 5,458.~
' TURTI.E REE~ ASSOCIATES, INC. * !~?1. ~ow~: ~o.ww s
. . . - - ls! Pr~mlum to. Crrdk
~ Ji~nsen~ 8each,: Florfda 3~457 . uhtaa~~+r = none ~
. icl ooa+e~n+ry san+v = nOne
~c ro~ oa+.. c~, u~a : n ne
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NoT~ No. ~ or?Tea: FeA' ~ _ . re ~g. ' tM . = r~one
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PLACE; . , FLORIOA lq ~t Im~tti~tion = ~ -
(J) qlrr ~ ~ :
Fa va~w n~aiNd. tht. w~dKSqrrd (hp~insfur oNl~d "IlAaka"1 loi~~h? a~M ~cMly (ei " (Kl . ~ , _ ~ .
n?we. Ma? aNl Mo~t to i~sY to tM or~ of Me BaNc. st in oltip.lisad abo+~. tM ToW tU •
of P~rn~ett (~~an (NI n~iOh~} of Oo1#~s iN1t~bN i~~~,Q,,. _
wwri ~onu+hr :~~a ot s ~ ~i ~ . . e~ ~ws lwq HI ~.NAII KE~tt.'IiARQE - - _ . I97~. 60
~ ew w+ ~~'~.~.~8 `,~8..2Q..~o we~.w~at in~w~ne. dw a~ t~p T~ta aa P.,?n~» (c * M? s ~
_ , u=
~ l~~ ot a~ ~M..rr.t~,~:~~ wiu~~ Fiw?~._BALIOQ~I PAYMEM
OF: ANNUA~ PERCEI~ITAO~ RATE '
_ , Dt1E' ;19" • .
~ :
- . _ , - . . .
;i
Th. e.Ne ~A.ul in+po.. , a~linqu~ncy dw~e w~nt. da M~Ic~? .an a~?. aw~na~e whioh Nn o.ooi,M.aw .nd ~.m.+M M d~fwh rp, a•?ae in.xon. a 1Q
arys in sr1 ~nowit pw1 io 5~r of th~ amount of tM P?i~eipM i~at of tlr Ow~?4 in d~lwh. tn ~t ~nt dwt eh~ NoM b noc p~id in tu11 se m~twih. aN PM?-
m~nn: w1+eMa Princ~Pal. i~sq~st or o~, shW bwr inana at tM ~+wcinwm Ipd na Nbw~d ued~r~ tM bw~ of tM ~ of Flo?id~. AN p~ynwnq m~d~ `
l~u~w~d~r dlwM bt aWiR~d tirit rQ inuntt and MM to W~~. how~wr, io tM NrN~t of dtlauh. tIN 6~nk tmy, in itt ~Ot~ diKntiol~. aPPh? ~nY MY~t
~w i~
intenst. iK~ anella tswfu~ claty~s tFNn aa?u~d. It is iM int~ntion M dl! PrtNt INr~~o tMt tM ~rovi~ion~ h~ein Nnlt got WoYi~s dihCthl or indirredy
to. tM pq~nt ot ~~ranr nta of i~t~mt or tAi nta?tion at aa~r od»r clw0~ tlain i~ Mbwd by Uw. lf~ tar sny naan. tnta~st in ~xow ot ~ueh IpM.rsq a
•~o• aa~++e.a ~+r n~n? e~~++. a~.+a..~w.~.xa.. ~n.N «cn« oo~aue~a ~+a e. aaad a. ~ o~~t a? a~ o. b. ~.r~,~d.d e~.ew
to ~ ne~.~. - _ - -
, 1'n~ MiWa. nry ano~S? thi ~ncin uro•~d b~ of N+s ~wn at~ +~w time. ti ch~ lwn k ana~id M wn, acaeM?sead o. rN~ri~nad. NM IMNn. ,han nai~s a -
rtfund 'ot tM vnMrtid P~twn ot tht u?tt?at ~nd 6?surana Pr~miu~m oomPUl~d bY tht RuN Of y8't mstho+d. txaPt thst tM 8ank thNl ~~ntltNd to rNain .
a n~imwn inta~t elyry~ ot ~.00. ,
CR~DIT UFE AND CREOlT l.IFE A DISABIU'1'Y INSURANCE ARE VOLUNTARY Ak0 NOT REQUIRED FOR CREOIT: Such imunn~ eoqrps i~
availtbi~ sS th~ oott d~sipn~bd b~fow ta tIN tKm ot tht ~ndh: W i fw Cr~dit LHe IMUana (b) f
for Cndit Lif~ ~ Oiabitity ItqW~: ' ' -
CMtk ? C~Wit Lile I~u~anct is daind on dw lif~ of ~
APa~• aktld.a .
Box ? Qrdit_Lii~ 3 Oistbility I.nwrsnos is d~sind on ~
~y ~ Bwthd~n .
U Cr~dit Life ~ndJor Di~bility tmunno~ is not tfaired. ~ -
o,~: feb. ~ 3, '~979 s~.t~n ~ ~
_ . .
. .
As t~eu~i fp th~ WY~ner?t of tAt Not~ tM IWk~ herMr!? 9r~nb to tM Bink i~c~rit~t int~t in the followinY P?op~ty~/t ZIl1"t~A Reef Copd. I, .
~ 1n O.R. 8eek 256' P~~e 235..tMit Yeeic: 42 and ~3 1n Cond C-19 Aat No. C-19 as -
~e:crlbe ~ sa ~ortaaae. .
~nCll/d1110 iN NIC/NMi. fYtqtitYt~Ol1t, f~p1iC~ItMOtf, add/t~O1K ild >OdRtOflf IIMf~tO ifld Itf tM prOClbi i11K~Of IIIMliMltiN plNd ••CAllibfiP~). llli~ f~CYtity
'I inte~t ;Nall sl~o s~Cur~ any othK ind~Dudnps or tia~lity of tAi M~kK to iM 6ank dir~et a wd'a~tt, abolua a contin~nt, dw or co b~comt dw. ~ow
; istiep or IwMttN a/isiip, ~ntludin~ W tulure dvanai or losos by tM 8~nk to tM I~iMc~t.
i The B~nk N alw ~ivrn a li~n and a sraerity _ inaris~ in all prapKty and sscuritws of tM I~ic~r. Mdo~w., wnty. puKantw w seeamwdaeioe paty ot ~i~
~ Nots (l?K~fac nrand to ss th~ "abli~as~•l, nar ia or at+n1? cirn~ hM~rftK oominy into tM oont~a, aatody or pow~ion of th~ B~nk, whetAw /a tM.a-
on~ad PurPoN of b~irq w~d MI tM 8snlc at Colbnnl, w ta a~M? othK 0~0~. snd ~M~on anY balana o~ b~+as to the a~dit ot anY ~ocoums. indudi~0
' ~r~ snd ~naY ao~ouna m~intain~d withcM B~nk bii ~n!? of th~ OblfYOn, snd pw OW.gas aprN eo dNiwr to ch~ Bank sddi~fonM ColtaarM a mNc~ weh -
DsYm~na M~~nduetion of the O~ineipM snwunc of tM fosn a~ da11 b~ atedactory to Me BNdc. in tM eant tM afonrtientiaud CollsterM ~hall d~din~ in vMu~
o? beeonM uroaYuisctal? to th~ Bank. . ~
Additioa to. nduction~ o? ~xd~ of, or wbaitutiau ta tM Collsursl. psymenq on aooount of this bsn or inerwes of d» w~r, or od+~r loaru m~dr
W~tiNlyl a wholl~t upon tM Co1l~prd, nq~? fran tinM to tinr b~ rt~ wtthout affectag tla provisiom of Mh Nott. Tht Sank fhsll exKCa~ ~wonabl~ ta~t in
the cuttodf? and pra~rvacion of ih~ Colltaal to tM ~xant tpuind bY ~PD~iuWe satuu, and fAMi b~ d~md to haw uew~cad rafon~bh an if h qka wicA
action tor il~at pwpoa ~ MhkN ~hMl ry~ionfMy r~qw~t in writi~g, but no omizsion to do any aet not ?~quatrd by Nbk~? ~bd~ W d~nrd ~ failun w ~nMCae ~
.asawbi~ an. aM ra ani~ioe co canply wid? sny rp~MSt ot MWcK. ~hal1 of iefdf b~ d.Mrd a f~ilun w~~wci~ ~aomW~ em. Bank aM11 no~ be bouM io -
take my st~pt M~Y to pnM?v~ ~ny, riyhb in tM CoNat~rM apsintt pria p~?tirs and ~iskN thaN t~1c~ all n~aqrry st~pr fw ~uth purpo~e~. Tlw 8ank or it:
++omin~t +~d not eo1N4t inturst on, o~ e W~ d._~nY Colbtasl w Y~ anY notip,wiM ?~P~ct to it. _ .
Th~ B~nk m~y oontinw to Aoid ~ny CofbtNM dpotit~d h~rwrKMr dtK the paym~nt of this Noa, if at the tim~ of [h~ psym~nt and diuharp~ Mnof any of -
H~ p~rtiN Ibbl~ for dw pryn~t Mr~of IhaN b~ tlNn dit~etM a oontin~ntly Ii~bN to Ms Bank sa M~Ic~r, endorwr, s~+nt1?, pu~sntor a ~oeommodnion Ps~q?
of aeY othr noq. drsh. biq ot ~xehsrg~, a otMr in~a~a~?t, or othKwite, snd tAs 8ank m~y tMrNft~r ~xaci~ a11 rpha wiM rwp~et to aid Co14wN ,
gr~nt~d hu~in ~n tbaiqh tha Not~ ~hNl bMn M+rnnd~nd to tM M~Inr_ - .
If th~ 8~nk dNmr it~di iea~CUrs a upon tht htppMirq of any of tht follpwitg w~nts, ad~ ot whieh sF~Ni oonstitut~ ~ tNtwlt. all li~bilitiq of ~eh IYl~k~r to
the 6ank. iaeiudino tM ~ntin unPUd Pri~c+W~ s~f ehis Noa and ~oeru~d iea?at. N~ s~r ue~d inar~c ~nd an~? iearat ~xea~ of tM maxinwm albwd
bv bw and sn~? nb~s nournd bY lwv. d»N inre~aly or dMnsfea. at tlN oPtbn of th~ 9ank. ~xaPt thst tM oocurreno~ o! !s) ar ~N eaw~ aunornat-
ie scaMration:wid~out notioe wd~nw+d, b~oon~dw anQ pN~bN: ta1 t1N_fa7un d an~r Oblgor to pwform rnr obtipnion, li~bility a olaim to tlw B~nk. to piy
~ intaNt hM~on wid?&~ 10dryi Nt~r it b d~w, o~ if thu~ i~ no du~ d~a, aft~r it is bi1Md or od~ri~.~qu~t~d a d~m~nd~d, a to WV MW oMK lirbility wlyt- _
~ ~os~ to tM B~nk NA+w~ due: tbl tM dNM of an1? iMiriduM ObtiOw, th~ diwolutian d sn1? O~rtmrM?iP Obli~or ar th~ dfa~oiution. nNry~rar oonwtidrtion with-
out t1N BMNc't Pr+o? wr`~tan can~nt d ae~l oorPo?t4r Obtqor: k) dN filin~ of a p~tition in bsnkruptay or th~ adjudiation ot Mwlw~cY a b~nlwP~.Y ~
srW ra0r~nis~tiOn, slq11ou1Met, rNdjtKtnynt d d~bt. Q~pIYtiOfl. ~iquid~ti0n Or wllibr ProewdinY ~+ndK anY F~~sl o? ~ta~! sUtutl, bY Or p~i~ut aoY
~ Ob~qa: id) sn applie~twn fo? tlw appointmp~t d a naiNr for. a tM nrkN+p ot ~ q~Nr~1 wipwrNnt for tM b~n~fk of u~ditas b~r. am? ObtiOor: (d iM ~nW
of l~M pr;~t aiW ODlqor: (ti tM swirg of anf? stqchrtNnt or ~ei~hen«?t, or tM iilino of ~ny ti~n, ap~imt an'f~ D~oDKtY of srw Ob~pa: tf) th~ akin/ of
~ oos~ioa of ~ny wbstantiN P~ d.tM 0~~ ol ph? ObliOor st ths irotano~ of any qwirnr~nal wd~wity: (l~l tM d~armin~tian bv Me 9aNe ehac s oMwN
~ s1 ad~t~ eh~ f?s~ oow~rd in tiN flr~neW Cond'ition of ~q~l pplpor fro~ iM wrwiitio~ tet forth in tM most nant fi~w~ei~f ~tanm~nt d wid~ Ob~i~4~
Mrnofa~ turniMwd to tlw Banlc. a f~om tM oo~tion of wd~ Oblipor n Mnwfon moEt nantp? di~doMd co tAe Bsnk, a tha~ ~ny wr?aneY. *~~nman.
c~rtiiiO~M a ftitMlMM Ot ~}W ~{iOpl (wlNtiMr OOtlt~ifMd in fhli Nop Of nOt) p~fl~ to o? i1~ Conn~CtiOn with thb Mob a tM 10~11 ~vid~~lpd bY this NOp
conai~r sn w~uw saum~x ot nyurial f~et a omia eo ~aa mst~.iM het ~Y in ada to n~ ttN ~ue~nwnts mrd~ not malMdi~p; a. (ii eM ~i~n~
msnt b1t ~1? Wlik~r ot sn1? ~quitY ~W d tM CoM~sl widwut tM~ Or'w? ~kan eonNin of tM B~nlc.
TM BaAk ~hafl haN. b~t ~MN not b~ limit~d to. ~e idlowin0 rpNp, NeA of wAkh nMy br awei~d at any tim~ rNNth~r a not d+Fs tibf! i~ dw: (fl to
D~~dN or trs~da d+ia Not~ and tiN CoN~N Mid tlN 9~nlc-qwM d»?~upon b~ nli~wd d~N O~tiN and n~ponsibilitia Mnunda ~nd nli~wd hom aiM? and ~II
li~bilhy wid~ n~OK.~ to +rMt Co1MtKM a pNd~d w vsn~t~ind. and anf? PMdDN w tnmlrM ~Mlf fa d1 PuToM~ tnnd M tIK pl~a o/ tlN M~c f+Kwnd~r
haN aM th~ raht~ ef efM 6ant hpwed~r, INi to asM1~ tht wlwM a a~w w?~ of tlN Collra.sl iato 8+~ rnnr ot itMtf a ie~ nomMN: llii) ta vof~ tlw Col
t iv) to notihr tM Oblpo?t d rw~ Co14e~rN to rmk~ Pwen~nt to tM 9rnlc d sny ~rroum~ dw or to b~oonr diw d~irron: (v) to d~nwed, iw ta. ~dNet. a
. m~lc~ ~n1? w~~ ~r~~td~eeNnt ' with m dN NrM: vi) to • a ol of op~.N Collrqrv.
A ~1
c as use~` e~i
"'"re~`n"m'bMeans u~'r~e Ree~ssoc'~a~es, `~`n~°"a'~'/}qr~ s as'"~s'~ns. -
NOTICE: SEE OTHER Sl~E FOR IMPQRTANT,fNfORIMATION • ~~~~y`~ ~f
FBS 752 it~v. 7J7T - gV1ln
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