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` . INSTAL~.MENT.PROA(IIS~ORY NOTE .
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TURTIE REEF ASSOC I ATES , I NC ~ u?1 ~~ww~~ ~o~tMd. 643,~00
~ ~ ~ Jense~ $each, F'larld~ 3345T ~ ~ - ~~ww
Mr'~i~.' ~ none -
. ~a o~`.n? aw~. ~ o
- . _ ~ , ~a ~ cti.~. u~ . _...,-none ~ ~
_ Nov. 10, 7 ~m ~ ~ none
NOT~ NO, _ DATED: ~ , . I4~ (p .
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MOY~. ~Y. ~ -tW Aeww~t fttwr~pd $ ~3.~
ouE: ~ ~ a. c. D. E, F~ :
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PU1CE~ . P~ORIOA il) Cndk im~tiNtbe i'
fo. wk» ~iwd~ .dM_ undKti~d (Mr~Msfar edbd "4~Nc~r'•! IoMNV +M~d N+?.?+NV iit K) ~ +
mon th~ee oM1 pro~+in a? ah? w eh~or~o~,y~~ . a1 ta o~fia ~aad a~o~.e~~
t~l : .
01 P+~fr.ra~a Itron~'lN1'~t.~i~tl.of - i 1
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9. 6 Q Obil~rtpsYabi~ ~n ~ N IU:
, !~1 FIMI1t~t~ .
~IN1 ruoet~llii ~1a o1'; x'a ~ - , tM~ftAt ~lH. i. K. L! ~ ~ . f 3 ~
im~~~dw ai d4C: `j .__,1~ ~and wbMOu~n~ 1m~Nln~a dw on ,(Nt Tonl of h~?mNnf l3; M! _
~n.-.---d~y oi. ~h e~o~!th th~f`tK~w~e.th~ wi.lh ~ FlN~tL BA~LQO,[ii PAYMd~IT OF. AiItNUAC PERt~MTAOE RATE • ~
~ nv[~- - . - .
t . . WJ~E - - - ~ >y t~:,,;_,,. . T,
Tht IlN?k M+all iRpoN a dM~1r chKM p~t tlM N4kar oe u+v P~Y~ ~~h I~t b~oarN due and rinrint in d~hu~t ta ~ wrbd ~n sxow oF 1~, ;
~1H in ~n ~enorM pual tb ~ of t~ ~nwunt W tM p?incipN p~?t~of tM P~Y~t M+ d~twh. In ~M lr~nt tl~t 1h~ Nbff b.nOt pNd in fult ~t nqturit~r. ali p~y=.
mea~. wMtM? prMcip~l. Mt~t.or othNwiN. th~ll bar intwat ~t tM ~pclm~nn INd nd NIaMd uniMr th~ hwa oi !iw ~ d Flaid~. AN p~ynwna n~iR
Mnund~r ~I?tN ~~dit~d fhst to ie?1~t and th~n to princ~M. Noww~t.~in tlM ~wnt o1 dNMih. tIN 6Ndt~W~ iN i!s ~oM di~tion. ~ply any ON~n~nt 1~ •
intu~af. p?kKip~l NN!!ot l~wful dwDN tlN1t ~oerwd. It ii iM i~tp~tioil of tM Wrt~e MtstO 1Mt tM p~~V~iMM Iwniq Ihel) nqt ptOrid! d~ty'a Mdinetl~+
ror a+s aw?my+t ot s~.1~-ra~ or inar«t « tl,. ~bnt+on ot.x~? od,K e~wy~ th.n k aUow~d M? qw: lt, ta.rhr nMOx, inanst M ~xaM ot ~ud~ N~1 r.a a ~
a~Y~ P~Ohi6it~d 4Y Nw ffisil ~t any tim~ b~ P~d. ~AY ~~xp~ ~A~il MMK wnltitut~ aod be tra~bd ~t ~ P~1?~1M~t vn th~ PH~~I w b~ rNundrt! dk~Ctly `
,
to NI! ~IcM. . - . . . : , ;i
T~N ~A11cM ~aY W~P~Y ti~ ~ntM w+p~id baltAq o! tlM loan at ani?. t1nN. It tht IOrn b pnpiid M lull. ioo~Mnbd or rtlkMt~qd. NN AA~kM Mwll no~iv~ •
ntun~ of !M ww~Md DoKion of tM incK~t and Mw~i~na P~~ can~wnd bY ths RuN of 78'~ mnlwd. ~xaPt th~t th~ 9M+Ic ~hMl be ~ntitNd to rwin -
a minimu~n intanst ohit~ Of ~ : .
CREQI~ LIFE ANO CAEWT tIFE 8 QISABILtTY INSURANlCE ARE VOLUNTAIiY AND NOT REDt11li~D Fqi CpEOiT. ~h hqw~np cov~tp~ k =
avait~t~N +q fM oott drsip~tt~d bNow iw tM nrm of tM a~alit: (al = tor ~dit LIN ImurM~o~ lbl = ,
tor Cndit Li1! i fJis~4ilit~t IlawNia: • -
Ca»ek ~ Ct~t Lit~ Intw~na is daind on tlM eft ot -
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APP~. Nie~yq -
eax O cnen s ois.wuev ~nwnne. & daired a+ . .
ri~ ~ Bi?thd~p _
L" 1 G~diE U/e snd/or piNWlity IM~usnq i= not dKired.
Daa: NOV. 10: 1478 Sionstun
.
s~~nun i s
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recori~n°`0`;~~ook°f ~`~ege . . . ~`~1c~' ~ ' ~"l-"~~"' rng'°"C'°iU°'.~st^f~,,~ -
desclibad . ~n s~~id rportgag~.
~ndudie~p all ~nenaa, wbsticut~aa. n~?qanrna, additiau ~nd soas~io~u thK~to and in tM proadc eMrwf (1wr~f»r ealbe •'Cousanl"1. This Mwrhy
~nta~tt flWll also ~cun sn~? othu ~nd~bt~dn~ a IiabilitV of th~ MMcK to tM BNSIc dinet or indinct. ab~otut~ or ~ontteg~nt, dw or ~o b~carr dw. ~w ~x.
' istinp Or hKMfEN sriqiM. inNudifp NI tu Wt~ sdvrlCM O?1oM1s bll tIM BM~k to tM MMce~. ~ .
I TM Bank a aNo /iwn ~ IiN~ and s f~curity int~r~st in all Wop~rtY and pwriti~s of tM WkK. ~ndortN. ~ur~tY. WN into? a~ ac~omnwd~tion paty oi thi~
' Noa 1Mniirft~. ntMnd 1o at th~. ••ObIiOoK"}, now in a at any timR h~?Mfyr awni~ iMO tM oontral. cwtodY «Pa' ~ion os tM Bank, wMcMr fo. tM ~x-
I W~a~! P~PoM d b~in/ w~d 4Y tM Brnlc u Co11~MN, or fot snY othw puPOM, snd upon siMl bdae~a w bd«~qt to d» u~dit d M~y ~oeount~, ind~din!
trutt snd pnlGy aCOOUe~ nrinbin~d withth~ Bank bY MM? Ot .t1N.OWpon. arld tlr Obli~or~ pM to dNiwr t0 th~ BMNc sdditiwwl Co11atNM rnsit~ iud1.
'f wY+~s in nd~+etion 0/ ib! P~+~PM snwunt o1 tM losn M Nwll be wi~f~eEory to tM Bnik. in tM ~vu~t thi dor~nnntiaNd Co1biNN ~hsN Wdin~ in wlu~
u~
E w b~toe~ unqti~btlorl? to tIN B~nk. _ . . ,
Additioia to. nduefian or ~xr~aep~ of, o~ wb~titutioeu fa tfM Cotlaterd. WYm~nts on aoeount of fhb ban or inaa~a of tM a od~ loaiu m~
W~tatty ot +~hoCM upon tM Coll~n?N. m~Y trom tin+t to tfrtN b~ rt~ wid~out di~etirip th~ provi~iar oi thia Not~. TM B~nk thall ax~?tat twontbN tsr~ in
tl+e aatodY and.0~wrvrtion oi th~ CollatKal to tM utqnt nquind bY ~POlicsW~ st~tu~. ~nd MiNI b~ dMm~d to haw ~cKei~d rM~anbN pn if k t~kh with
accion fo` that purpon a~ IrblcK d~aH na~ornbly rpi~t in rKitaq. but no anis~ion to do ~ny ~ct not nquMt~d bY MNcK daN 6t dNnrd ~ f~flun eo wrci~
ressontbN c~n. ~nd no omi~ion tO ~anpiY ~++Y t~4uyt ot WMIw fhatl Of itsdf b~ ~rwd a f«luh to ~xuca~ ~aon~bb ca.~. 8ank ~hall not b~ bow+d to
tak~ sey ~t~pt n~nwary tp prp~rw any ~i~q in i1N Colht~rM ~p~intt p~iot psrtin and MakK shaN tskt NI n~? tt~p ta wieh purpoM~. TM 8ank a iq
r+o~nirw rwd not ooll~et Mbn~t on, w a A~lneip~l of. M'W Colbt~ai or ~iv~ ~+~1? notia with r~p~et to it. • -
Th~ Bank ar1? oontinw to hold ~ny Cot4t~ra1 d1~po~ibd iNr~undM sttM tlw WYrtMnt of thit Nota. if at th~ tiAn~ ot ttN PsYmtnt and abdw~ M~wf ~ny oi
tlr P~?tiM li~lt fw tM WY~t INr~Of ~hMl b~ th~n 6neth/ or continy~nty Ii~bM ~o tM 8ank ~t Wk~.. ~edor~. wrM?. 0~++?+~ta or aooomnodstion 0~?~Y
ot any och~. nots, drsit, 5ip d wd~rp~. a odNr M~tninMnt, or od+wwi~, and dM 8anlc rosy dnn~far ~~arciu sN rtOhes wid~ rMp~et to ~aid Co1~sa.a1
9?~nUO huu~in ~wn thaqh this Not~ ~N A~ bMn sun«td~r~d to tIN IN~4u.
If tM B~nk d~r~ itiNf irwp~n p upon tl~ IMppnMp of ~ny of the followin~ w~nts, wcA ei whieh t~q11 oontieuU a drtauit, all fl~bilitis d ud+ M~ka w
th~ Ba~k. a~ehidieq tM ~nUn ueWid P?ioeipN of th(~ Noa and ~oawd inar~t. Nn ~ny unwrerd Mt~rMt and any int~rat in ~xa~ oi da m~xinwm N1ow~d
bv hw ~nd sn~r ~tu ?~quir~d b~? ~aw, dwN ~ or d~afta. ~t d» aP~+ M tfw B~ak. ~xowt eh~t t!w aecwnna of (e1 a(d~ ~N ewa autanst-
ic soalNation: witlwrt notio~ or d~nynd, b~oonMdut and psyabb:l~1 UN failur~ d anY Oblipr w O~rfonn ~r obly~tion.lf~bilitY or elwn to 1!N SaMc, to pry
~ intKMt h~r~on witl~ 10d~yt aftK k i~ dtN. Or N tfiM~ ia no dw d~q. ~tbr h it bilMd or OUwrwiM t~quMbd o? dunM~d~d. or t0 D~Y ~MI otMr li~bilit~? wh~t• .
~ ~oear to tlw Bank +MNe dw: (b! ~ d~stA d an1? in~NriduM ~7bti0or, t!w diNOl~tlon of an1? P~iP OWqa or tly di~olution. m~e'iMa?caNOlid~tionwith--
~ out tM Brnk's plor writt~n eaia~nt ot siw ~poab Obii~or: k) the filiro ot a D~tiUa~ in b~kruP~1? a? tlM ~udiation of Imolv~w.y a b~nkrupley ue~r :
~ s^Y ~~ory~iz~tion. MnnY~erM~t. rMdlwlmM~t ot d~lft, dNtOlution. ~iqui~Mtion o? timiM?- 0?op~di~i undn Mh/ F~d~.N or ataM tttttit~. bY or a~ie~e seY
~ owqa: fel ~n aoo~iaebn tw rM ~oMarNn~ d~ naiwr tar. a d» nrtciep of a~rM ~i~e~a ta tM b~t~~ ot endhon M. nw Obitaor: l~) ih. ~nw
~ o~ 1~t s~in~ a~?Y (ti tlw iNUiiq ot ~ny sttaal~aMnt a~rnbFwn~nt, or tM tYinO of Nry liK+. ~+n~? P?opwt~ ot an1? ObINw:1~) th~ alcin~ ol
~ Doswpioe of an1? Nib~tantial Wrt of th~ propMty of an~? Oblioor at tlN inttsno~ at M~Y lov~?e~nW ~ud~orityi 1hl da dwrmieMtion b'l/ tht ~~k tMt ~ rn~Nti-
t s1 sdwr~ tA~np~ Fat ooCUmd in.t1N fin~neiN oondition ot ~n11 Ob1i0W' trom ths oonditiont Mt forN in tAs n~t npnt fiew~eiM aqNnw~t d we1~ Ob~ip
~ her~tofo?~ fwniMlN1 to dN Sfnk. or trOn1 tM o0ndit10n Of M1d10b11Yo? M h~?~tOfOta nloq r~0~eltly dirdONd to tiN BMdc. a/IMt MW ~~Y. r~~.
cacitiaa a wt~nt ot ~w Ob~qor iMA~tMr oonbi+yd in tAk Nob vr r+ot) p~ w a in oonnretbn wid~ thb No1~ a tM ~wn MriOM~ae b~r tlNi Noa
eontai~ an untrw Wt~nMnt ot en~t~rW hd a ania to ~ m~taW faet MpMr~r ai ada to n~ dr sat~nNn4 m~dr not
ma~~ br «q? M~k~? ot aiw puhr H+ aiw of eiN Cot1~M wielw~t dM orio. w.hae eawnt M th~ 9r~k. 'r"~'~ a. eM ~wiN~
TM B~nk ~tl h~. but ~11 not b~ IkNMd to,11w faNowirp ri~ht~. weh ot whid~ mry b~ ~xae~d ~t anll tln~ MAMq~r a not thb NoM M dw: (1) to
v~.dw a t~rhr thi~ Noa rne'~M OoifsarM and eM 9~Mc M~N d~reipon b~ rMi~wd ot a1~ dutiM r~d nrpoir~ilhia lwwnd~r ~nd .Ntwrd hom Mw and au
li+bittty wld~ n~p~tt to MM? CotMt~ral so pl~d~d ar tes~lNnd, ~nd an~?. pl«1~ a tnmf~ MaN /a ab purpow~ mnd in d~ PMa o~ tM Ibak Iww,ndM and
?~aw aa tlw rfohn o1 elN ~dc hK~undK: (li) eo asndrr M~ w1wN a+n~? w?t ot d~ CoNaa.sllnto dN ~ d ia~H or ia (tii) w vo1~ tM ~bNwrM;_
( iv) co eotitl? da Oblioon d an~r Colltant to nrln ~raMnt to th~ 9~nk M sny aniouna dw « a b~oon~ dw tlwrron: tn) w darwd. ~w ta, ooiNd. a
a'n`bs usec~ ~re n means' u~'r~etORee~sso'c'~a~es; `~n~°Nen~~~r00~~s as~'~~ ~
~ NOTICE: 8EE OTHER SIDE POR IMPqiTANT INFORMATIQ~N e00~ I
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