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HomeMy WebLinkAbout0497 .i _ • . ~r~~,.~ a•~~1.;,,_ . '.~:t~= r' -K:~.,c. ..o..,;•t.= .,t,. .~t _ , _ e ~ _ „ ~ . . . . :t:': ~ , . p ~ . - ~ . ~ • r• ~ ' i << - - _ tN8tAl.1.IMENT PR011AIS~ORY NOT~ 3 ~ + I ~ ~ = r-. ~ • . . ~ jURTLE RE~f ASSOCIATES. INC. t~?? Anw~iA~t+.o.~we : ~~`!4Q~,OQ , ~u ~ ~~~c?~n = none ~ Jensen 6eacfi_,~ Florida 3~457 ~ , ia ~ on~ ' oF ~ 101 OdN? Ch~?y~t liarn~zal i • . ~ IE1 - = 110118 . . NaT~ No. a~TSa: July 13, ~o ~g , tF~ = non~ . y_~ Juty 2!s gg ~a t~.~".'e cf .~i 5T4Q.~A. DUE: .1~....... ~Fp ~eM.~a . _ . - Pt,~1~E• ~ . FLORIDA N~ 1.~ittiMtioe ; O Fa wIw nc~iv~d. tM w~darsiYMd (hKNnafar a1Nd "MdcK"i IoMM? ~nd ~ralh (H , pGl ~ _^'1~1i~~~~ r~?s tMn oMl P~~~ ~ MY to eM ord~? of 1M 8anlc. N ip Orfia luMd ~bow, tIN To.~ ~:lU i~ ~ ai Piw~a ~trwn 4t~ at riyitl ot n Oo1bn Ph?+~bN ~-i 111~ 'FIN/111N:E'E~IAROR _ .~»i nwna~ti ~~~a~a s ' , , q+.~~u - tN. ?..~.~K. u ~ : 3363.~t? ~ ~ ~ ay. an Auatt~t t6. , t~~$..nd «raNO~~«+i a~wa,~.~a aw a~ IN~ Yow ot PninMna to + Na- . tM ~dlry of ~th th~ftKLt~a~~lh~wiM s FI(~ML BAlti00~1 PAYMENT OF: ANNtlA~ NERCENTA~E i1/?TE • X i = DUE ~ . _ , t~_,.,.. Tir !M*,ihtH imPO» s dNinq~~eY dw?!~ M~ina tlr IN~Ica on a~Y WY~n~nt wAioh hn b~o0~~ dw and rpMlnt io d~fwit for ~ Pwbd in sxoM1 o~~1s dsys +e an a~a~wt pual to 5% M tM aie~ount ot ~ pri~eipd iiMt of th~ paynNnt in dNwl~ In dw ~wnt dnt th~ Not~ is not Wid in h+~l ~t nrwrity: aN nirna, ~~Mr P?incipsl. ina?Kt or otMrwiN. yatl bM? MtMat ~t tM rtaximum 1pN nb ~Ibrwd w~d~r tM I~a of tM $ttt~ o}. Flo~id~. AM pallnNntt . A~u~d~ fhMl ba erbiad ti~st to int~rat ~nd~ MM~ to prineip~l. Iww~»t. in thR w~nt of d~fwh, dr 8~nk a~ iq ~oh di~a~i7Qn. aPRh ~1?Y M11~M~t to intNat. Wir~ci~M ~nd/a Iswful chupN M~n aoawd. It i~ tIM iM~ntion of tM Parti~ I~ato tMt tM P~~a~~in thMl rqt P~oyid~ dh~Y o? 4~dinethl ta M! WY~~ v1 s qrNtN ab of i~t~ntt or dw tttN~tion of Mh? od»? cMrp Itisn it sllow~d b1? faw. N, for Mn? rM~on, MtMM in ~tpr of wReh IiMI raM or ~ e~p. oronwiad a~? ~.w a~.1i a s~w b• a.b.•rw ~n.xoa~ ~1.+dw oo~nkua.na a a..nd ~ a pw~e ai fh. a?~era~ «b. nwnd.a d~.aeehr to thr M~k~r. ' - . . The Msk~. n~sY vnWY dr ~ntin uePMd baynos of tM Iwn st a+N tin~. (i th~ b~n it P?~P~fd in fuU. s~l~rahd or.nfieq~o~d. the MNcw ~AtN nqiw a refw~d pf tM t~rMd Oortion of th~ intK~st and im~anq pnn+w+na Gomputd by thi RuN of 78't m~tAod, txppt dut tM Banlc ~hMl b~ ~ntitl~d to ~in a mininw~n inwat d+~~N oi ~.00. _ CREpIT 4~FE AND CREOIT UFE ~ DISABILiTY INSUtiANCE ARE VQLUNTAIiY ANO NOT RE~IJIRED fOR CREOtT. Soeh ieqw~i:tovKpu is avaiMbN st tM oott d~si0nabd b~low to~ ths trtm of tht cndit: (a1= - for Or~dit LN~ liaurana IW i ~ for G~dit 4f~ ~ Distbility IrNUr~nor. Ch~elc ? G~dit Ut~ ~nwqna is d~w~d on tM ~iN ot MP~, Bkthdtq . Box ? G~dit Lii~ ~ Di~sWlity Inwr~np i~ dpit~d On ~ Bkd~d~t1 u Cndit tife sndlw Dis~biliiy I~qusna a noc daind. Date: ~U~ V 13, 1978 s~tun ' j-r-Q ? • - _ ~ Sipnstun ~`u" ` l1s »airitY fa tM P~Ym~nt of tM Not~ the IiANcM hK~b'!I Y?~ntt to i1K B~nlc a ~+n r~ n` Turt e ~p d on Q. R. Book 26~ n ~i Cand D-~3, An_ t Na,~D-13 as descr e1 S~t mo 9~9e• ~ ~ndud'ug a1~ inr,~an~. wb~fi~uearo, np4am~n. sdditioos and sooes~iotu tlyreto snd in dN proa~ d~~ot (Mnkatar a~Nd •'Cwl~~rd"1. Thi~ ~ouriey intehst d~W aho Meun anY oth~ ~ o~ liab~ity oi tM MskK to th~ B~nk dinet or indihet, ab~olut~ or ooatinPnt. dw a to baonr dw, naw tx- is[irg or herNfu. arakg, includ'+rq N! tutw~ sdvar~ a to~ns by tM 8an1c co th~ MbcK. - _ . Th~ 8ink it also ~iwn ~ INn snd a~writy inta~st ~ at! ProPKtl? snd s~writics of d+~ MMcK. ando~~. a+ntY. Y~+~nntor or scconrrwd~tion prrtY of this Not~ il~a~fcw r~f~nd to ss th~ "OWgas~1. now in or st any tim~ larwftt? oomin0 into the oorard. astodY a Poln~tia? ot tM Bank. wMtAK fa th~ ~x• - o~~d purpow d ainY w~d bY ths 9ank as CoNaeKM. o? !or aiW ot~ P~P~, and upon ~n1? bNano~ w bNai~at to tM ondit of any aoca~nn. i~ludinY_. t.ust ~nd p~rw~l ~ocounb tn~inttiMd withthe BM+k bY s~ft of th~ Obli~wt, and th~ Qblga~ pfM to dNivM.to tM Bank ~ddition~l Co11a1KM or mMct p~d~ vaYnMntt in raduttion of tM p?incipsl amount of tht ~Or~ at sh~il be f~tidsetorl/ td tht Bank. in 1M w.~Mt dK dorrnrntia»d Colln~al N~tl! d~diet in wNie o. b~canM ueqtidattory to dN BM~k.. . ~ A~dddtions to. ndurtio~n w e:dianp~s of, or a~titutio~a fw tM Collamal. PrYm~na on aooa~nc M thi~ loan w i~cr~ of dM sMer. w oth~r Ioar~s m~N PutisNy or-wholb upa~ tM CollabrM, n~s1? tran tM1~e to timt b~ n~de wid~out ~ff~cti~g tM provqbns of Mis Noa. TM B~nk~hNl ~xerca~ r~on~bN ta?e in ~he wstadY and P~~ion ot eM Collaanl w dw ~xunt nquind bY iPP~icabl~ ststua. and ~hall b~ d~md to hw~ ~xaea~d ~M~on~b4 an if k t~Icu wM' action tov Mst purpoM u IN~k~ fha11 ra~fbf~r nqwti in wricag, but no omiuion eo do any set ~oc nqu~d b1? ~4kK ~IaU b dNnrd ~ tWu.~ co t~ara~e rsasarbM an. and no omi~ion to ~Y ~~1f ~t of bYk~r ~hNt of itsdt b dNnMd ~ tailure to txKCi» naorNbN cus. 8ank ~hM1 not be bound io ` tak~ a~t ;qp n~oaury to pruuv~ aw ~fOha in itw ColbarM q.irot p~io. pmMS snd M.kN tl+a~1 dn a11 e»oaary sap~ for wel~ purpors. T1» Bank a iu reon+inN nMd noe oMlkt taarat oA, or a principd ot. ant? Collabrsl o. yiw ~r notia with n~pKt to it. . . Tht 8ank mr1? wMinw to hold arW CoilstKM tMVaibd hNwnd~r sft~r ths WY~t of tbi~ No». if st th~ tim~ of th~ psymN+t ~nd d'adur~ hKwf a~W of . tl» O~iM Ii~bM fa tht P~Ymrnt Mnd ~MII br ttMn ~inetM or oontin~nW Ii~bN m tM B~nlc a~ MMcer, sndorrr, wnttl. 9ur~ntor a aooom~+nodrtbn WrtY of ~t?y oth~r nota, drsft. 6iq d ~~fi~. or otlw in~trunMnt, o? odwrwiN, snd th~ 6~nk mh? dwrNftK ~x~rci~ all riOht~ wiM rapat to s~id Co11atKN grsntrd h~rNn ~wn tba+Yh tha No» fh~N haw b~M~ tutr~nd~d to tlw - . , If dr B~nk dNn1~ iqd/ inNtuh c~ sK~on tIN tMpp~ni~p of anY of th~ fOflowiny ~vM~ts. ~sd~ of whieh 1hMl oomtiritt ~ dt(Mdt. MI t"nbNitNS d Md~ IiA~kK W the 8ank, a~tludin~ tM ~ntin tx+p~id PrineipN of Mfs Nou and atcrwd int~r~t, let MY uns~eMd int~rMt and snY intrntt in ~xo~ of the nwtirtwm dlorwd by bw and an1? nb~as no~ind b1? Isw. ~hM1 in~nNdiaall? or thaMfqr. ~t d~t aPeioe of tfN Badc. ~xaPt tha~ tIM oocwnna of (e) or ld) ~MII o~u~e sutanat- K scalwation: withoYt notioi a dKrw~d. b~oo~r dw ~nd p1t~b1~: L~J th~ failun M a~p Ob1iDo? eo PKiorm ~n1? abl i~ttioe, l W~ilitY w dMn~ to tht B~nk, to Oh? inter«t 1~~on witbin 100aNS ~ftM it i! du~. 01 ff thM i~ no duil'ffM. sftM it i~ bi1Nd or olAwwiM ~qd a d~nw~drd, or ~ Pr1?.anY olMt Ii~bilitY wh~t• sosv~ to tM Bu~k wMe tlu~: (bl tM dNH~ of anlr i+~diriduM OdlOor, tM di~olution d rh? P~?~~~~ OblfYo? or tM diWOMition. n~0~r ar aomolidNion with- oue eM 8ank's prio? w.iet~n wrornt d s~+Y k) 1M fAkq of ~ O~titioe in brdcruptey or tM ad~rdiation of i+wolwn~.l/ or bN?krupt~y u~dK any noq~io~. arnn~+~tt, n~atmM~t of d~bt. . ~iquiduion O? sitpilM P~ooNdinO WdK MM? F~d~nl or tqa tatuq. bY Or ~ aiM? ot~~pw: (dl an rpplfation ta tM ~ppoincm~nt M~ r~o~iv~? f~ a~iM nrkHq ot ~~sl ~i~nt fa tM b~netit W uaditao b~?. s~w OtMUo?: b) tM ~nuy of ludYm~nt p~inst an1? Oblpa: (f) tM i~wi~p d an~? or YwniM~~t. or ti~ filirq of aa~l ~irn. ~inst anll P~~q? oi any Oblipr: tM Wtin~ d Dos~ar~ d anY wbtuntisl P~rt of th~ RroPKtY o! anYrKdb~ii br 'at tM in~trna of ~np ~ autbailV: (N d» d~tKinlmtion b1? dte ~~nk tAat ~ nwwi- s~ sd~w~ dunoe Ms ooaund in tiw finaneW oondidoA ~ a~Y OWt~o? han d» eonditiont Mt forM id tly mwt r~ant fiMnci~l ft~Mm~nt of wid~ Ob~ya her~tofw~ twni~Md to d+~ 8~nk, or han tIN oaiditbn d~ wkh Oblioor u i~ttofat ~nat nantlr ~doNd to Nw B~nk. or tlat ~ny a~rrw+tY. urtifiw~ w t41~nt of anY Oblipr (wlw~M? ooe~ta~d in thM Not~ w not) P~M to a in oonyetioe whh Mi~ Not~ or th~ to~n ~ridrno~d bY tKia Noa conWeM ~n wNru~ ~ut~nwnt of nrqtisl t~et a omiq ~ tqle en~wiM f~et erow~rv in orda to nrk~ eM a~an+~+a n~e eot eni~e'«~; a. l~l ~ wiN~ m~nt br +~w Ilibfc~r ot anf? ~ewittr in any ot tM Co~4p?i1 w+tlwrt eh~ vrio. wrice~n eawnt ot ths 9rnk. - . Tla B~nlc ~fnll Mw. but Mrtl not b~ timitW t0', tlw tollowitp riy~t~. Moh ot which nwll b~ ~~ersciMd ~t ant?•t~ s~iMd~r a not d~ir 1~IoM M dw: 111 w pl~ o. a~r d~ Noa «+d dw Cotl~rN ~nd uw sMik ~n tfw~w~pa? w rdiw~d d aN duciN and n~pon~ibUftiN bn«~~du an/e nlNwd traa+ anv «~d au Iia~bilitY wid~ rMpret to airp Co1Mt~a1'o pNd~d or psiid~d. and aiM? PMd~~ or tnra~~ ~brN fo? ~N purpo~ st~nd i~ ths P~~a of tlw Mnl~ h~?wndu and = nav~ sM dw ri~t~ of +M B~ h~rwmi~r: (N1 eo trandw tM wtwl~ a aetr a~ or t!N Oo1lNqat U+:o tlw nr~ c! hwlt a its Iiii) to roa .d~s CotbarM: f iv) to notih? fM OWioo~s d ~n1? OollttwM to rndy 11~ 9aek d an1? Mtfo~nas dw ot to b~oon» du~ tlw~on: (v) to dunwd. tus_ f,o?~ oo1M~t, ot . ~~~I~C~ a~sNUSe~` ~er`e n means u~r~e I~ee~ ss o`c'~a~es; `~n , an ~r°D~`~s a's~s' gi°`~°`~'.°i~°°~ Noncs: seE arrMEn aioE FoR u~onTi?r~4r i~oAwu?noN BOROI( PA6E 4~ ; . Fss ~ss a«. 7m . _ ~ ~ - _ - - - - . . fi zc_.~ .