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- - -1-_ PROMISSORY NOTE
wGREED RATE OF INT~ _ j~?~ ._t~ i`'~ -
(u~Frest will be computed,ppi}~k,~ppai~p~~ipal amount of the loan at the rate o[thitt7 percent per one hun- ~
dred dollars per anaum on t$d.$t~ {i1~1~~Qpired doilars, .twenty-fout pe~crnt pn one 6undred dollars per uu~um ~
:~n chat amount e~tee¢iag f4ile=~undit~sdo71~ and not exceeding one thousand dolius. and si:tcen percrnt pe ;
~~nc• him~ted dollus~i~um op.,that p~rt qf 11}c unpaid principal amount in excess of one thousand dollars, all
provided for in the' daCConsumterFia~aoed-IIc1."
For value rcceived, the undessigned joinUy and severally prom~se to pay to the order ot payee named above, at its abo~•e o(6ce, the
pr~ncipal amcwntof above as••Amountofl\ote."beingtheprincipal~mountof this note,togetherw:th intecest at th~ agrecd
~ r acc as abo~~c stated~~~'~~aymt nt of principal and interest shall be madeinconsecutive monthlyinstallments as indicated above
` '~r~~nning on th~ above stated due date for the first paymeat and continuinq on the same day of each succeeding month to and induding the ~
I~ .,t.~~~e sutrd du~ date (or the Einai pavment. I[ th~ principal au;ount of this note or if any installment is not paid when due,the unpaid princi-
E ,~al amount sh~ll bear intercst thereafter at thc a6ove agreed rate of charge. Fran any payment made hereon. interest, at said rates, due on
! r ~ u~p~aid principal balanct of th~ amount loaned shall first be deducted and the remainder of any such payment shall be applied on the un•
:ud principal balance until paid.
The unpaid b~lance of this not~, or an~ part thereof, plus accrued interest, may, at the option of the undersigned, be ~tid ~t any time.
Default in the payment ofanyinstallment ofthcprintipalorinterest hcreoE, or an y- put of either, shall, at the option of the hoider h~reaf,
.~rrd wiU~out notice or demand, rendet the then unpaid balance of the principal t~e~eof, and accrued interest thereon, at once due and payable.
I! ihis note is placed in the hands of ~n attorney toi collettion because of default in payment or otherwise, the undersi;ned agree to pay the
~.taal and reasonable attumey fees as detem?ined ty the court in which suit is [iled and court costs,including actual and reasonable espen-
~ ~ti or repossession, sr,~nu.; and selling of any propeity pledRed as secutitv, as dete~mined bv the Court in which suit is filed. Should this
~~~ntra~t b~ s~cured by a securily agree:nent covering any property belonging w the puties herctoandshouldtheparties hereto violate or fail
~~miply with an}- of the procisio.is o( this contract and as a res~dt lhereof the payee herein or i(s assignee should take possession of said
~ ccunty and se11 sam~ as per the terms of the said security agreement, then in that cvent the payee may tetain out ut the proc~eds o( such
.,~c the un~~aid balance dac h~rcunder and re~der t,tie surplus, if any, to the undersigned: or should there be any de!iciency or balan: e due, '
,f~cn dcLiorhrseby a~tees to be liablt therc[or.
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Cause uf acuon hereonshall anse onlY wi~h resp~c,t,w the ep[ire artqur?t.temaioing u4paid here~nder, same beine am• unpaid vrinciVal
?~:~lanc~ and accrued int~rest lhereon. ln further co~sideratidn of Paytt ~ranting this ioan. undersisned joindy and'sr.verally was~•r and rt-.
.~tic P a~-rr and its a~cnts aad employees fran apy and atljtlatars-ot:~~uses of i~iiop w6ich now exist Ortaay arise in thc fuwre in respect
~n~asiun nf p~i~•acy,l ibel,slander,malicious proseculion.conversion,hatrrasment and/or other ton actions atising from collection activ~ey
r reiated acti~•iey in connection w~th this cuntract. lTndersigned further agree that Payee or its ~ssignee may remove this conuact and uth~r
~ r~aud instruments from the statt of Florid~ and ipstigatc ~e~a! utjpn ia ~ny cvu~t baring jnri~~slicUon iu any oeher state in which the filinR,
~uch artion may be legal, as detecmined by Ihe laws o the state in which ~egal action ~s f~led by the Payee. In the event an}• insurance
~~~.~•nng thr secunty for thi3 loan> ctedit life ies~rarice on any Iyebtor's life, accident and health iesurance and/or any other insurance N-rit-
~ << n in tenjuncti~xi with this Ipan,or purthastd wiU1 adY, prOteFds.Of.thj; loap.is Canqelleduadarsi6oeddebbo~a:herawithauthurize and direct
h~• ~uwranc~ cortQmies and Iheir,ap,ents to pay direct so 4f~e Pay~e aoy and all refunds o[ Premiums tor such cancelled insurance tor appli-
~,i~,nn on any unpa~d balance on thi~"nota Ltnderaigafe~, joinUY and soveMlly; -waive aer tigLts to notice of such capcellation ~ndpayments
~ Pa~~cc. 7"he makers, sureties, rndorser, and guaranwrs hereof joinUy asd sevtrilly wgive detaand for plrmtnt, noticc on non-paqmcnt,
~ ~~n,ti•,t ~nd notice of protest of this note. rdease of all or a part of the security and/or any co-signer or eo-maker and consent to extension
~ ~i t~mc of paymcnC without notice. All parUes hereto furthet agrce, both joinUy and sevenlly to wa~ve any and atl riqhts o( exerr~uon of ~
€ c-r~ {,ind tu which Uie~• ma~• t~e enti0ed under the laws of this or any othet state in whic6 ler{al action may be instiRated under th~s aqree-
~ n+~nt and/or any undcrly~ng a~tecmen~ '
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I he Paye~ herein na:n~d ~s licensed by the state oFFlorida to make loans in sums of two thousand and five hundred dollars( f2,500.00)
;~unuant to Section 510. Florida Stawtes, a+ amended: and this loan has been made and this note is subject (o the prov~sions and te:ms uf
rhe klorida Consumer finance Act and to the Rules and Regulations of lhe Comptrollet ot the State of Florida. A statemeni of this loan has ~
t,~cn deliv~red to the borrower as required by said Ac~ ~
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