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~ ~ INSTALLMENT PROMt$BQAY NQTE
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TURTLF~ REEF ASSOCIATES, INC. * - t~?1` iinw~m q.ati.d ~Q,._,,.,, ;
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_ . ` . ` Oil~Oilitlr i.,...~.~ _
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~ Je~sen 8e~ch,° Florida 33457 _ ' tc? ao~+~»~wv s
i w tol Och~r C~ ljun+~t = nA .
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~+~ot~r Mo: a?Teo: Jen 22 . i~ 78 i~ norta '
~ ~ ~ ` - Feb. b . 89 . . ca ~t~,e.d . -
OUE' ' .1~~• ' ~A. C. O. 8. fl = 5~.
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f'1.AGE: ~ . . ;1~40fi1DA (t! G«lit;l.nvwti~tbn =
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!br ~i~Nw na~wd. tbi u~da~ipn~d i1~rNnaitM a1Md "~1ska"11OMthl ~nd awrMly (if IKi _
; ~w~nq ~fro~~
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eqwt awR?d~hr ie~tM~ts.of ~ ` • . - . • _ - ..tha t~nt ii~+q fil~IAMCE Cf1ARtii ' ~,2a7. ~
, . , . . . IH:1. J. K. ~l " !
unali t, dui oR `~'1~1'C . : ,1~_. ~1 l~N~t i~Ifm~nn dw an
tlw ~ di th ihnwfw wi ~ FlPMI 9AL PAYM OF: TO~ ~~~a (G + IN) _ •
, ~10" ,.~~--~l---r,._~..l:~_~. AN~IUAI 1~#RCENTAOE RATIE . .
i QuE . . . '-,19• - - . . -
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I~k MaN i~nao~. a dMuww~N? dwYf pN~at tM M~k~? on a~w P~Y~t whieA hN b~oa~n dw ~+d nm~iM iqdMautt tor ~ pKiod in sxcM~ o~~F ,
dhn in an amown ~WN so S~ d tht anawn Of ~ I~Meipd 0~?t ot tM WYn~t in drfwlt. in dM ~t tl~st i!M NoM k not Wid M h~tl ~t nrtwitfl, M! {~sy-
ma?ts, ~MM~w. ~O„~NpM. Int~iat a ottwrwiN, th~H b~r int~t n tht msximum Ip~l nq NIoM~d 1mcNr ~ Iw+~t of tti 8t~ ot FIONd~. AIF ~nA~nti nN~
M~wAda nhW bt eraoic~d H.~t cv ie~~nsc and dl+~n. ~o ~iaetp~N. how.ver. 3n dw ~vw~t ot dN~uh. tA~ sa+lc mw, in ia wN d~ntion. avob M~l? D~r+e~nt-b
inan~'t.-P~i~ci~1 a~d/a lawful clarq~ ~Mn ~oorwd. It it th~ in»ntion. ot tM t~rti~ iw~eo dMt tlr povNfo+is Mnn~ ~h+Nl not prorid~ dincd~ a InifiaeNy =
~a ~,o~nnnr+t o+: a?..a~ .n. a Ua~ a w...e.nt~a+ a nw oa?K a,x~. aa~+ ~ a~o~a ee? i.w. lf, tOr NIY hMOn..Mq~ut in txpM of fuCh I~d rst~ or ~
a ch~rlr P~qhibil~d bY 4w sA~ll a[ srMl anM b~ PNd. anY ~A ~~a ~hall ~d~er caacitut~ and 6t trat~d aa a WVnNnt on ~M P~MetPN a M iNund~d dlriet~y :
to tt~ M~lci~.. ' . _ - . -
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TF» IMkr-m~Y P~N~lI eMlntih unV«d bd~nea of dn Iwn at tinw.lt cM Iwn a pnpaid in tuN, soaNnad or e~ffnsnord. elw M~ku daN naiw a
nfuqd d thi w~md pottion ot th~ in»rMt ~nd irNwsnq pr«nwms eanput~d by tM RuN of 78's nwehod. ~xppt tMt tt~! ~nk thNt b~ NnitNd to ntNn -
s mininwm i~t ~Y~ oi ~.00. ~
CREOIT LtFRt.ANC CREpIT LIFE A'~ISABILITY INSURANCE ARE VOWNTMY AND I~qT fiEatllREO FOR CpEDIT. Such inwr~no~oowrp~ j~
avsilabb,st t~M eost d~iyn~t~d ONow to? tM tNm of tlr endite (il: fw Cndit lif~ IMUranq (W : ;
to?G~t 4ih~-Oiwbility inwrsna:~
G+~ck ? G~dit lift I~a K daind on tM lit~ ot ~
APP~• _ ~Md~t~
6ox ~ Cndit Litt 8 Disability. lnswanp is duind on .
.~.y - . Birtfidatt - .
L) G~dit L+1e snd/w OisM~ility Intwanp k no[ desind. ~ -
o.~: Jan 22. 197~ ~ s~.w~ ~
- . Barna
- sgn.tur. .
~...w~er ra tn. wr~?t of a,. ~n rn. wkK n.r.~? `n~1 ' ir' a~ ~ I~Turtile ~R~ef_Co_?nd.
i~ o, R. _ eook Zs3 P~~ , n t~`"`aeks ~~r? ~°'0~8:°°Q-"i~ - z
as cr ~n
sa ~ao ~a~.
~nch+dinp sN incr~t, wbatitucaro. nW~a~trna, additions snd scpuior~s tMnto snd in tIN proc~~ds NNnoi 1lNniniit~r plbd "CoUpKN"1. TAi~ t~q~~ily
~nte~t dqlf al~o roun sny od»r lndfbadn~ or liability ot tM 1AM~K to dr B~nlc diraee a indir~n, absotua or ooetirg~nt, dw a to 4eonw dw, now ~x-
ittir~ Ot hMM~tN i~ainy, indudirty Ni futur! ~dvM10N Ot fO~ni bY th! BM~k to tIN W1dt0~. . .
_
j 7'K~ 6arflt fs aNo ~ivM~ IiM and a Ncurit~? ieb~pt in ~N Prop~rtY and Neuriti~s oi tfN 1MikM. ~ndo?sq. wntY. Y~nnto• or acconwnod~tion ps~ty O~ iba
~ Nou. (hiria+~fter nhrnd to ~s tM "OblipQrs"1. now in a at sny ti~ MraftK oominp into tM control. ewtody or po~ion of th~ BaNc, vMNCMr f4~ tM Hc-
I D?~4 WrpoM ~ bein0 w~d b~? the 8~nk ~ Ool4unf. or to. ~n1? otlar P~~R~, and uPOn snY bilanc~ or~bNai~on to tM a~dit W ~ny ~ocouea. indudin0
ta+st M+d ~nay ~ooouna n~iatsin~d witAelN B~nk bY. N+1? M th~ Oblioon. a+d ~ht Obii~ors prM eo dNhNr to tM BaMc additioml Colb~asl or m~1ca w+eh
. W~rnw~if iA r~duetioe ot tht v~~~PM anwunt d tht loan a~11 b~ s~thfictoil? to thc B~nlc. i~+ tl+~ ~wnt eM doewna~cion~d Colbard Nall d~dtnr in,v~
~ a b~epn~ wpatldactorY to tM B~nk. . . - .
AOditlont to, nduttiont w ~xehaepp of, or wbttitution~ fo?•tM Coll~taal, t~YKwnb on seiown d thit ban or inerNMt of tM taml, or othN la~nt rnMl~
Osrt~Ml1? ar wl?oN1? upon tM CollaqrN, nry from tinr to tbM b~ made witl~out atf~ctinp th~ provitiont of tha Not~. TM 8ank tfiNt exKCqt nMQrybN pn `in .
tM aet~odlr aM o~a~?v~tion of tM Collaar~l w tM ~xqnt nq~uind b1l ~PP~iubt~ astua. and ~hs11 b~ dMn+~d to hw~ ixKea~d rwionwM pn N h aMa w~ob
action fp. tMt pwpoN ~s 11ANar ~hM1 rworabiy nqwit in w?itini7, but no omi~sion to do ~ny ~et not nqua»d bY ~Mlca dwll b~ dMnrd a ~~rn io ~s~re~N
?Mwn~bN ur~. ~nd no omi~ioe to oomply wiM~ ~ny nqu~ac of tu~kar ~M11 of ic»II be dNerd a fWuh a~~ei~.naombN n.~. 9a~k ~hM1 nai br boue~d io
cak~ an1? sqp~ n~opt~1? to P~aaMt ~e1/ ripha in tM CMIswM qsintt P?'~w Pmia and Mdc~r qNll uk~ d1 n~oaM~y s~p ta weh P~P~s. TM B~nk or iet
nOrtliMf IM~d 110! COf1~Ct if1~MMt 011. OI'i Pti1~C~p~1 Of. MfY C.a~iUf~1 Or ~iv~ inY nOtIC~ Nrith I~iCt t0 It. - .
TM d~nk m~y coMinut m Aoid iny .Coilto~ral d~po~iqd hKSUnda ~ft~? th~ paymrnt of thq Non. if at the tim~ of th~ prymN+t and d'aehar~ Mnof ~n1r of
cr+. a+ru« u~l. ta a~. v.ymMt 1w.wi,A.N a awn dir.~tN w eontin~nav ~aa. to th.9~nlc..IWk~. •ndor~, w?.t~?. ~wnnta or.ooonw+~fd.tioe wny
ot any bdi~r not~. dnie. biN ot a odw i~crum~nc. or otMrvriN, and dr, 9~nk m~t? tMrafar ~x~reiM al~ .php witl~ ?~p~et to aid Coqae~rM-
pnnt~d h~rNn ~n dwu~h tAis NoM ~IaN ha~ bMn a/rr~nd~d ~o dw IIANcrr. :
If tM ~nk dMnis inNf inNCUn a upon tht hpp~q of p~y ot th~ toliowinp ~va~a, ~h of wAieh ~hMl o~mtitua ~ dNwli, NI tW~ilhia ot ad~ Mslc~~ to
~ tht 8ank, ineludin/ tM ~ntin unP~ld PrineiPM of thb Noa and axnNd i~?~tt, la~ ~ny unwrnW i~Mr~t ~nd any ino~r~t,in txoa~ oi tM mucim~~ albrwd
br 1aw and nb~t~s r+ownd M? twv, dy11 inr~M~r or MNndar. n d~ oPtion M tha B~~Ic. ~xapt thit the oae~rraiot ot (e) a(dl ~ oiur ~u~wn~c- .
~ ie +oaie?ation: wiMoui notia a drnw~d. b~oarNdut ~nd p~yabN: (a! tfN ta~un of uW OWioor ~o p~tam anf? obli~tion. IWiNity a ebim to tIN ~anr. to VN.
~ inmae h~son wi~hln 10dry~ afa~r it b dw, a ff tMn i~ no dw dsa, dt~r k is bNNd a oUwwiM nv~ad oi drm~id~d, or u? wY ~w o~ ti~bilky wh~e-
~ totv~. to tht Bantc w1Nn dur (b) tM datb of ~nY inOhrWwi Otilipr, tM di~olutio~ ot ~nY P~?~I+iP ObtiOw or tM d~okition, m~r/K ar ooe»olidaion wiH+-
~ out'th~ Bank't P?io? writan ~om~nt o~ ~nb ~pw~ Oblipr: k) tM t11i~ of ~ P~tition ie bankruptry Or dM a~udation of tn~olvp~c~? a brnkn~P1~1 ueMp
~ ~Y ~~Y~~~. ~dh~~t W d~bt. diNdutioA, liquidttion or ti~nil~r P?oo~~dlrp undM arM/ F~denl or ~t~p sutut~, bq w~inn MM?
OW por: td! an appliation fa ths aPPOinaMnt of ~ nairw f4?, a th~ n+McMY of a M~ ~~~t for tAe b~nefit d cnditas b1?. MM? Obli~or: ts? 1M rntry
~ o~ i~t a~t~ inY Oblpa: (f) t!w inuM~ of any mae~nNnt w~rr~id~nt, or tM filiep of ~ny IM?. ~i!~ ~M~ O~~Y of +~Y ~Na: Nt ak~ a
; v~oR M a~w wbaan~iN I~rt a ~M prop~rey ot NN? ObNp? st dy imwia~ot anr ~~wn~nW iuthority; lhl ttw d~c~nnln~don br d» ~adc t~e. mn~rN
~ sdvrnt d~Nq~ hN oope~r~d in tM fimnCiN ootd'ition of any OblqO~ ftam tM canditiwit Mt torM in f1w mott ?~qnt fin~neiai ~ttt~nMnt Ot wKA ~blipr
~ Mrnota~ lwni~! to tM danlc, a fran tM eon~Mtion M wKA Oblioor a~ haecofae mat no~ntly diKla~d to 1M BN+k. a ttwe arpr rw~nnt~r. np.w~nqtioe ,
cutitie~a. a~t ot ~nv Ob1yw Iwh~tlwr oonttiiwd in thi~. Not~ a? notl o~M+~O to a in aonn~adon witb Mi~ No» a tM ~wn ~ridMiae b1? Mi~ Nw~ ,
~ concsiir ~n untn~ aaaitrnt M nrarW ~ae~ a omia to ten~ rnMlriM faet marw in adu co ~ th~ staam~nes erad~ not _i+ni~d~: a. IF) th~ ~ -
m~m by? M~k~r ot any puity in ~n~r d tM CoIMa?M wid~out tM prior wr+tt~n oonNnt ot th~ 9rnk. "
Th~ 9r+iF ihMl 1~, but M~MI not b~ IirNbd w. tM fallowiH/ ri~At~. ~t of wAieh m~? b~ ~wti~ at ~nY tue» wMtlwr or not thif No~ it dw: 11) w
P~~di~ or uamlw tAir Nob and tM Coltst~rN ~nd tM MnMc N~NI MMM~pon b~ Mi~wd of MI dutlN and n~pon~ibilhM~ 1Nnund~/ and rNi~»d han ~n1? Md aN
~i~bilf~r wkh n~et w any CotUwM w pt~eNd_a w~hrt~d. ~nd aiw o4dw o? uanda« ~I+MI to. au ourvo~p sand_ in. th. aMo~ ot eh~ lrnk hu~un~s and -
~ aN d».i~hu M d~ saMc h~rwn~r: Iu1 m v~h. eM whob a amr part ot eM Cotl~o~nl i~ ~M naint ot H~Nf a ia nomtaN: t+iil eo roa M~ Coll~aral: '
i'wl co notlh t!N ObliOon d~nY Co1NtnM to nMk~ W1?nMnt to tM 9~nlc o/ rry ~E~ dw w w b~eon~ dw tMnoe: (v) to d~~d. ~ fa. ooiNet. ot
' ~~~~~K~ a~s use~ e~`re n means u~
r~e`~Ree~ssoc~a~es; `Yn . an ~r:°~~s as~~r~OOs~. `a
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NOTICE: SEE OTHER SIOE FOR IMIORtANT INfORINATION gQ~K 3~• PAGE
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