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~ - INSTAI~MENT PROMIS80RY NOTE: ~ 13
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TUR~L~ R~EF ASSOCIATES, INC. * . tn? ~?mow~~ watwd s~~~6~:.QQ
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~ ~ Jensen~ 6~ac~. Florida~` 33457 ~ ua~oa.e+u~,?~.~ ~ ~ ~tione
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PU?CE: . F~ORIQA 11{. Cndit In~ti~Uon =
~ fJl Ot~w = . .
Fo? wiw nnivrd. tM und~r~ia+l~d lhwin~ftK a1Nd "Mak~t") i~++M? snd t~ally (if (KI ~ _
M ~t~ ~
mon thUn a~) won~ to wv to M~ o~ oi d» BaMc. ~t ft~ ott+a li~t~d rbor~. dw otM' 1U ~ i_ .
oi Pr!!~a t~non~ tN) ~t. ~ at'- ~ Oolan WvabM qi
wu.i mo+~Mh~ ~an~na~o~ s - 6 ~2 tM? ~lNANCE Cw?RQE_ 814 28 - ~
2 - ~r~. tht ! . U ~ ~
~eutN~n~nt du. ~~~n 6~ .1s`.Z9 sn~ wbMOw~t i~ti+~mH,u d~» on tH1 ~T`otd of Pfyn~na t8 + M! ~
a,~ 6~ of ~+on~,~~ ~ ~ f~w?~ ~~?C YAYNIENT OF: ANNIAAL l~ERCENTAOE iiATE Q~.. 9i ~
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~ TM Osnk thiN InpoN dNi~vuaxtr d?ry~ +od~t tl~ Mdn?- on a+w abm~nc wbl~h hM b~own~ dw and nmatni In ddwh ta • I~+dd In sucw~ o~
dwt in ~n ~rnount ~qu~l to b% M.tM ~t of tM P~~1Pr wrt of tM PwrtMnt in d~fsWt. In th~ wN?t tlat th~ HR/~ b not p~id M full at nrtwlb. ~N P~Y~t
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h W b w bu~Nt at tM mucienun+ N~i rat~ slbw~d und~r thr Iww of fM St~M ot Ftatd~. AN p+ynNna m~
h.rwndK NNII b~ endiud firtt to inqrat and tiNn ;o P~M+ciP~M. how~r. ir~ !M w~et ot d~iauh. Me dMk in it~ wM difarUon. aPYh? ~n1r WY~nM~
im~nst. P?i~eipd snd/a lawful d~rq~t thN+ ~oau~d. It i~ tM ~tM?tion of tM 1~tNt tNnop tF~ th~ P~ovidon~~N111yt! not MOVidf dM~ctiY or Midir~ic~ ~
Iw t1~ _PsY~~ ot s orMtu na of int~t or tIN ntMtion of .an~? otlNr d~a~t thsn N a{lorwd bl? law. If, far snN fM~on. intuat la ~z~ oi w~h NMi na a i~~
• elw~ OroAibiqd bY ~Sw ~il at aiW tinM b~ Mid. ~n1? ~ucA ~xplt ~hMl ~ittw eoeatiwt~ ~nd b~ ttpl~d M a p~Y~~t an dN W~neb~ ot M/NuiMl~d dk~etly
10 th~ k1~kM. , . . . ' - :
TM ~ nM1? P~~Pr1? th~ M+t~i unhMd 6Nrna of tIM lo~n ~t in1? tinr. If th~ Iwn f~ Pnp~ld in fuN, s~aNrstsd a rtflnanad. tM IlMlcw ~U ?~aiw
rstund ot th~ unMrMd ponion of tM inarest and imwaep pr~nhun~ eorn~iuqd by th~ RuN of 78's nrthod. ~zppt that tM B~e~k th~ll b~ ~ntitNd to nuin .
a mieirtwm intaat elw~e of ~8.~. . :
CqEDIT LIFE.AND CREOiT LIFE Ai DISA81liTY INSURANCE AR~ VOWNTAftY AND NOT ~iEDU1RE0 FOR CRECIT. 8uch Itpurano! oowrp~ is
awilsbls st tM eat dqionst~d bNow iar tM t~m ol tM endit: (~1= fa C~~dlt L~fe Imurartq (W !
tcr Cr~dh Ll~~t 3 Oiqbilitl? IMUnno~:
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Box Grdit I,ih A p~ability I~anp a d~ir~d on " '
ri1 8irthda~ _
u G~dit Lite snd/ar Disability Irqurano~ ~ not d~sind_ .
ostr. NoV . 26# 1978 s~nscu.s
.
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At aeurity fa tht p~y t of tM Nota tM M~Ic~r ~by an t B~ s~cur ~ i -
Cond. ~Rec~rded on O.~i ~oo~C ~l~ a e "~`~"~n on . ,
Mt. 1~: D- , as ~:cribed ~ said ~rtaaq~.
~~dw+~~g .u ~nc...n~, wes~~cutans. .•.o~.am.na, sddit~ons .ee soc«uon. cn.rno and in u» aoo..d. da.wr ~n.r.+n.e~r cataa ••calaarai°~. Tni~ ~.o~?~a
intu~tt iAtl1 a~io t~ur~ aqr QMN i+~d~bt~d~q~ a liability of NN M~IcK to tiN 8~nk dir~ct o~ indinet, abduM w eont~npint, dW or to b~tam dw, nar ~x-
istiny or MrM(t~r arisin~ i~etudieq M) futur~ sdvanc~ or lo~ns b~? tM BM~k to tAt 1r1Nu?. . .
TM 8ank ic abo prN~ ~ li~r? ~d a aauity iniKKt in MI Orop~r~Y and s~curitia ot th~ MMcK. ~ndor~. wnty. ~wrantor a accomnwd~tion P~ri M thi~
Not~ ihaein~ft~ rNund to ac th~"Obliaon'1. now in or at any Nn~ MrMfr~r ownirq into ~M oanrol, ewtody of po~ps~on of ~h~ B~nlc. wMtM. fa tM uc-
O~~tMd O~uOOM et barg u~d by dN 8ink i~ Collsqnl. a tw an1? oMu p+r0o~t, and uPOn NM 6slane~ or. baf~neas to tM endit d aery aotauntf, indudirp
tnat ~nd a~ney ~oeounts nrinaimd withth~ 8ank bY a~1? of tM Obli~on. and th~ Oblipoa pr~ to dMiw. to tM BMik dditionN Coltaqrtl o~ nylc~ wch
~ P~YmMts in nductia+ ot d» printipsl smount of tIN IoM~ ss tfwll b~ tstisfaetory to tM. B~nk. in tM ~wnt ~ dorrnrntiorrd Coi4tKa1 ~hsH d~dlns in valw
or b~caer ueattisfaetory t4 t!M 8ank. .
Additlau t+o. r~ductiont or ~xehsnp~s of. or wbttitutioes fa th~ Collsmal. PrYm~nes on aooount of thi~ loan or ine~~s of tM anr. w otha loant n~d~
P~tislh? o? whoib upon tM Coll~t~rat. nry han tkM to Wn~ b~ n~ witbout afhcti~p tht provbiar of thb Not~. Th~ B~nk ~hall txKCis~ nMOn~bl~ qn in
~ a++1odll ~nd P~~nwtion of tl» ~1o11~tMa1 to tlN ~xt~st rpuihd by appliasble atatun. snd tAMI b~ d~MrMd to Aw~ ~tMCiad rM~a1~bN pn if M tMc~t wch
action fw ~lat purpoa a IM~kar ~hall re»aiably r~qu~t in writirg, but no on~isslon to do +rw aat not nqupad bY M~kK ~hNl 6t d~enwd ~ fsilur~ ro ~~arci~
~~uaisbN an. ~nd no on~is~ion to eanP~Y +Mth +nf?. n4wa of Mska? ~haN of iaMf b~ dNnwd ~ i~ilun to ~z~rciw naon~bb an. Bank sha11 not b~ baind to
tsk~ MW tt~ps r~Y to WN~ryr Mh? ri~d in dN ~Co1latKtl apsirMt P~io~ pKtia and MMcK tAMI tatc~ s11.~rY sqp lor weM purpo~et. TM BM?k a its
nortNnM ~wd not oolbet intKMt on. a a Vrlnelp~l of. MW Colbt~?~I or,~iv~ ~nY notia with n~t to iL
Tht B~nk m~y contMw to hold sny CoflKKM d~paibd Mr«M~dN alt,[.~ psym~nt of thi~ Noa, ii at tM tinN oi th~ prytn~et and di~durp~ h~reof snY of
th~ partNt Ii~bN for M~ psynw~t INrrof ~MN b~ tMn djnetly or oontinp~ntly fiWN ~o tlw Bank at IiAilctr, e+idone~. w~~tl?. Y~+~rsntor or aooonrnodrtion p~rty
ot in~r otha nou. dratt. bW d~xdw~. a oM~r in~tn~rna~t, a othwwiw. ~nd tM Bsnlc nyY th~ttK ~xaea~ ~1( ryha with n~p~et to s~id Cot4tKS1
y?anqd l~in Mn ehagh thia (~10M fhW bM~ t~M~ N~tr~~d to 1M M~kK. -
If q~ 8ank dMnr it~if inNeun or ypon th~ hopp~nie~ e} arty of qM followirq ~wnn. ud~ ot whieh shs11 oonaituu ~ d~fault, NI twbithi~ of rcl~ Mslw co -
th~ B~k. indudin~ tfM ~wtin uaWid Priweb~ of d~i~ Nob ~nd ~ocwid inttn~t. la~ iny unwn~d Inbrat snd sny intar~tt in ~zoqi ot tM nwcinwwt~ ~Ilowrd -
br iaw ~nd ~w nb~a~ .~ouind by twr. ~ inrmdi~aly br dNnNta. at dw optbn ot tlw 8~nlc. ~xaFt d~n tl» ooaKra~o~ ot kl .or ~inil eauM autom~t- -
„ ie aopl~~tbn: wiMO~t notiCe or d~e~~d, b~oom~ dw ~nd PMNbN: W tfr tailun of any Oblyor m qrtan~ arty obli~tion, li~bility or eWef to th~ B~nlc, to pry
~ intlntt Mnon w+thin 1~d~Y~ afUt h ii dW. or H ihM~ f! ew dw dta. att~r h is bi1Md or o1Mrwlq h9u~t~d or dwtwnd~d, or to MY ~+~Y othN 1 Wtilhy what-
~ soeve? to th~ Bsnk wl»n d~: (W iM dMth of any iM~riduM Obliaa,lM diadutio~ of ~n11 P~~b ~iYa or tM diMOWtfon. mKYK a?oonwlid~tion witM
out tM Bank's prior wrhtM+ oau~nt d aay ~poae~ Obiip?: k1 tfN fH1rp of a p~tidon in br~k~up~cy or tM djudieadon ot irpoh~ew.y a b~nkwptay w~drr
no.~ntrrnbn. +??«~n±.n~, n~diust~n~nt ot d~bt. da~oh!tion, ~iqukYeion a similir proa~lino w~da an~? F~derM or ~a~ st~wa,
b1? o~ a~i~pt ~r1?
F Obtqa: (d) ~n appliation foa tM appoMunait ot s naiw? ip, a tlN rerki~q oi a~N aripnn~nt for tM b~+rfit of enditat b1?. +nY Oblioor: l~) eM «?uy
~ N+dYR~!t +~Y ObliYor tf) t!N iMUlnp of any ~ttKhre~nt w arnifinf~nt, w th~ fUit~ Of m~? li~n. aY~~ ~+W P~aO~?h? ot an1? Ob1iYO?: tM qkirp d
~ Ooss~aion ot ~ny wbtM~tiN Wrt of tM P?~W ~~M? Ob~~Por at tfN ir~tr~c~ M an~ qoMrnnMnql ~ud~prityt 4h) th~ dtqnninstion by tM ~~nk tAat ~ m~hri-
~ N advaN e~~~M hM aawrad in tM fMrneW oa~ditio~ d anY Obli~? fram th~ oonditiont ~K tpth in dN mat r~t fiew~eiM wt~n+~nt d~ Obli~a "
M.nofa~ iurnhlNd w ih~ 8~nk, ar tran tM eondtt(on of N+d~ Obli~or a~ I~eofon moa nanHy di~eloNd eo ~M Bu?fe. Qr tM~ ~I war~?. ?prwRSUion.
~ catifiat~ a~nNnt ot ~l Oblipr (wh~el~M oont~inrd N Mi~ Nott o? nod P~0 to or b oo~retto~ with Mit No}~ a tM lan NridN~ad bY tIN~ I~op
~ cont~ini ~n w~trw wanNnt of nyarW faee a ania ~o it~a nNtwiM taet .~Y in or~tr to ~Mk~ tM wan~na n+~ not~milh~; a. t~ tIN awiN?
m~nt b~l a~1/ ~Mkp ot aAy puih? in anb oi tM Coi1N~n1 Mri~t tM P~for w?itqn eonl~nt o/ tl~e 9ank.
~ Tf~e 8ank 11wt1 Awrr, but fhrN rai b~ IirNt~d w, tlN tollowino ?fohtf. MeA 9f ~ieif ~niY b~ lxwciMd at MrY tkn~ wlwtlNr a eot tha NoM N dw: (i? !o
pbdYS or~ t?~f~? d~k Not~ and thf Co1NMrN Mid i1M 6rnk ~hMl tMnupon b~ rNil~wd of MI dutlM aid n~o~r7bNitip h~t~und~r ~nd nliwael hoeu wr1? rid ~11 +
~ IhWUh? with rwp~et to afp~ Co1W~ral io pMd~d or er~lard. Md sny phdw~ or a~nhn~ fMH iar aN pYtpoMt tta~d In th~ pbor d tlM 6~nk hMSUed~? ~ad ~
~ hsw all th~ riy~tt o( tiN Qank Mr«rwlK: (lii to tnM~r dN wrwM o? Nr1? P~?t of tbi Cotbbnl Miw ths n~ of iwM or its no~nin~:11R1 to roM tM CoN~ar~l:
( iv! to notif~? tM Oblioon d~ery Co1Mt~ra1 is miks PW~ to tM 8~e~lc of aeyr ~rntt dw a to b~oonr dw tt~ron: (v1 ~o dM~w~d. w~ fa, ooiNet. a
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• NOTICEs $E~ OTHER 810@ FOR IIMrOi1TANT INFORAAIITION dOO~s~ PACf
iBS 742 R~v. ~/7y
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