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DISCLOSUR~NOTE FOR INSTALLMENT LOANS .~~',~~CE wmt ~~:o ~s ~~m?o3tZm a~r ~na~~sz; a: S~v i
First - . ~ ~ ' . _ . f W Anwunt Rwiwd s~L '10 f Ob" :~b0
, ~I1NK PIAM< . . u~' - . (9I hM1~M~w1 fOI Cr~dit 881 • .3p
.'::f Liif/OiNbilily le?i s ~
P.O, eox 970. Fort Pierce,~Fla. 33450 ~«~t.n?s~ s 16.35
. . . ~ ~c ~o a _ . _ • , . to? o~n.. a~~.. t~~.~+~ s none
. . july 9,~ ' s none
NOTE NO. DATEO: .1979 (f) s_,n~1(~ra
- . . . . _ tc~ F~~a 10 897.73 `
DuE: Jtlly9, ~~g86, IA,6.C,O.E.F1 t ~ _
. . (N) Inbnat = ~ •
PIACE: FOrL P~ArCB . FLORIDJ? (11 GWit Im~st~pstion S 2$-
~Q .
u~ om.. s none
Fo. vs~w .~iwd. tM und~.si~d (M.~in~ftK eNNd "ti4k~r") foiedy and ~.Wy (ii (K) = n
mo.~ tMn on~) pronNS~ to pay eo eM ada ot tM BM+Ic, at in offiw ~i~ad ~bov~. dN Ton1 ~n g-
oi Par~a (trwn (Nl at ~iohtl o
i~ ~
a~ Oolyn pwabN in 84 . S~nQ
eyual monehly insallnwna oi t • t;~ ~M~ F~NANCE CHARGE 5, 890. 51
,nstallm~nt dW on AuQ• 9• ,19 79 . and wbs~qwnt infqlln+~nq dw On (H~ K~ ~
~ne 9 day of qd? nwnM tM.afqr, to~dw wich a FINAL BA~LOON PAYMENT OF: (NI Total of P~ynroa tG + M1 s ~ sj788_
•?4
ANNUAt PERCENTAGE RATE 13. 28 %
S nc~nr3 OUE nc~ne ,19
rn. Bank ~ha0 impo~.. d.~N+vwn~w darq~ ap~in.t a~. ti1.k~. on any own~+c wn~d+ n« b.ean. dw and nnnin~ in atau~c to. • v.rbd in .xow ot 10
days in sn anquM ~qu~l to 9!i of t1N s~noune oi tM prineipM p~rt of cM p~ym~nt in ddault In th~ ~nt tMt tM Noa is na p~id b(u11 at nncwity. NI pay-
ments, whtttna prineipM. Int~t or oth~v~. ~Aall bwr int~t ~t tM msximwn Ipd ~ Nbw~d undrr tM I~w. All p~yma~ts n~ Mn4n~Mr ~lall b~
crseit~d first to int~r~t ~nd tMn to prineipM. how~~. in th~ w~t of d~fault. th~ B~nk nrY. in its ~ob di~wtion. ~pplY snY paq?m~nt to intenat. principd
arxf/or Iswfuld~trpn tMe~ ~pery~d. It is t1N int~ntion of tfN ppti~s M~tto dwt tM provisiont hNti~ Ih~il not prOVid~ d'u~etly or indineNy fOr dN p~y~nt
oi , yrMtK na ot int~rwt a tM ~tion ot anY otM? ~harq~ dw+ b Mlow~d by law. li, fw any rwon. intu~tc in uca~ of weh I~1?aq or s eh~ pro-
h~Cit~d by aw ay11 ~s ~ tim~ b. qd. sny wd~ ~xa~ ~a~~ ~dM. co~adcua and a u..c«~ M a aynua on eM pineipal or b~ rNur~d d'u~edy io d»
Malcer. TM INNcw nyy prp~y tM ~ntin unpjd bNsne~ of th~ lo~n st any tien~. It th~ loia is prp~id in full, acplsnt~d o~ hfin~+pd, ths Malc~~ shMl ho~ivr
a relund of tM unwtNd~~
w~n of tIN int~rNt snd inwranp prNniwnt ~omput~d by ttN Rul~ oi 78't m~thOd, ~xcpt thit th! Bank thall b~ ~ntiWd to ntain
a minfrtfYT irlqrMt CAM~ Oi i0.~.
CREDlT LIFE ANO CREDIT I.IFE a dISABILITY INSURANCE ME VO~UNTARY AND NOT REQUIREO FOR CREOIT. Swfi irourana oo~p~ is
a,~« ~sa. a th. oo.e d~ipMad e.bw ror eh. ann ot a» «.an: s 881. 38 to. cr.dic ur. ~nwano. (w s
ra c~.d~t ut. a o+~iny ~~~a:
c,,.~ ~ o~.a+~ u,• ~d,,;,.d a, a.,;h ~ Herschell O. Thomoson Tr. e;,t,,d,~. il/8/32
App+. ? Cndit I.N~ ~ D'a~bi~itv Irourano~ a dwind on Bi.d~dac~
eox ~dit l.ii~ and/or DiYbiltty Irounnp is
~t.: Tulv 9, 1979 s;~,tw. aM.
AFTERACQWREOMOrEI1TYwILI~ESU~JECTTOTNESEtU111TY1NTE11ESTAN00TMERORF UREINOE ONESSISSECUREOtYANVSUtH~80?ENT11,AfFOLl01NS:
Mak~r lanby ~rsnq to 8ank s acurity intapt in M~ propKty. if sny, dperib~d i~ tM ~pae~ Oelow and in s11 o[her property of N4ke~ now or h~rMfnr in
Bank's poss~qion, snd wCh qeutity intKest sh~ll Mso s~wr~ all othN lisblities oi IM~kN to Bank, whttht? primsry, secondary, diroCt or tontit~nt, pr~tMt
or futun. Tht afar~ssid s~curity intNqt txclud~s tM MakKS primtry rtsidenct unless s~id p?imary residenot isde~pibed bNow.
Second Mortqaqe
Lot 4, 5, 6,13,14 and 15, Block 39 of White City as per plat therof recorded in the office of the
Clerk of the Circuit Court of St. Lucie County, Florida, in Plat Book 1, page 21, thereof.
I f[he 8ank raquirN ths Msk~t to obtain inwrsntt cov~rage against loss or damaqe to th~ collstcral s~turing the Make~s indebt~dn~ss to th! Bank, the Maker
rnav obcain weh oovsrs~ from sny agent, broker or inwrw acceptable to tM Bank_
I t is jOintty snd sMrsllY cov~nant~d ard agre~d with the Bank by esth Maktr, endorser, su»cy, gwrsntor, and other pa~ty to thit not~ (~II of whom art
here~nafter for brwity Csll~d Obligor or Obligon) that:
~ 8ank shatl ~xereat nssonsble csre in the custody and preservation of the Collatersl ax1 shall b~ d~am~d to have exerc~sed rNSOnablt qn if it qka wch
f action for Mat purpoi~ as Msker thsll ressonsbly rpuest in writing, but no omission to tomply with any rlquett of Maklr sASll of it~Nf bs dNmtd s fsilur~ to
ex.rcis~ ressonsbl~ qrt. Without limiting tM ytna~ality of th~ foreyoing, ths Bank shall Aave no rapo~sibility for ascertaining any maturitNS, calls, tonrer- ~
I s~on, excASn~s, offers, t~tn or similar matdrs relstin~ to any oi tM Collateral, nor for infwming the und~signed with resp~ct to any thar~of. Bsnk shall not
~ ~ bound m Uk~ a~ty rtlps nttessuN to preserve any rights in tha Collaters! agsinst prior psrtid, and Msker shs11 tak~ slt netessuy stps ta wch purposn. Bank
~ ~r ixs nominN nNd npt collect int~nst on w principst of any Collatersl w give sny notia wiM n~pset to it_ Right is h~reby ~xpr~nly grant~d [o tM Bank at its
E opt+on to twnd~r ~t any tier~ to itttli o? to its nomir~ any Collateral and to rtceivt th~ incom~ thenon and Aold'ssrrw as sacurity Aenfor, Or spply it o~ tM
~ pnncipN w int~rast du~ h~rton or dw on sny lisbility sicured h~reby.
g Upon tM happNling of any of tM (pllowirg Mnts, ~sch of which sh~11 cOnsti[ute s d~fsult hNeunder. or if the Bank dletM iUNi ins~tur~, tha ~ntirt unp~id
~ baiance ot d+is not~ snd ~II othK lispilities of asch Maicu to Bsnk shall cAerwpon o~ d+enafqr, st tl+~ option of 8ank, wiMout notiu or d~m~nd, b~com~ imrn~
diate~y du~ snd payablr. (a) ~ailun of any Obliyw to p~rtorm sny sgrNrrwnt henur~r or to p~y in tull, wfNn du~, sny liability whata~r to 8ank or sny in-
stalme~t tl+K~of w intMSt therwn; (b) tM d~sth ot any Obligw; (c) tM filiny of any pttition w+d~? the Bsnkrvptcy Att, or arryl simi~sr fedKN or mt~ satute,
by w sq~in~t any Obliga; (d) an spplicstion for the sppointnwnt of a r~iv~r tor, th~ nrkieg of a~d assignment tor the benefit ot"~nditon by, or the
~rsolvrncy Of snY Obli~w: tM ~ntry ot s judprt~ent sy~iMt any Oblipw: (f) the iuuing oi any attschnMnls w 9srni~hme~t, or tM filinp of anY lien, agsinst
any proQl~ty Of any ObligOr; (g) t!K taking ot po~on of any ~ubstsnti~l part of tM prop~rty oi any Obligor st the instsne~ of sny govKnm~ntsl suMority; ;
fnl the diuolution, n~~gN, oonsdidstion, or rewyanimion of any Obligor; (i) tht d~terminstion by Bsnk thst a materisl adv~rs~ chsige hss occun~d in the ~
i nancial condition of sny Obligor from th~ tonditio~ s~t forth in th~ mo~t rscent firtsncial ststement ot ~ucA Obliga hNetofoh furnished to Bank, or (ron+
a".e condition of wch Obligor as herotofore most ree~ntly disclosad to Bsnk in any mannN; or thst any vwranty, repres~nateon, certi(icatt, or iUttm~nt of srry
Ct~~ ~gor (whetM~ eonqin~d i~ thit not~ or notl pKtai~ing to or in tonnection with this not~ ot tht losn lridented by Mis nott is nOt iru~; Ij) tM sstiyrment by ~
a~r "+~aker of s~y ~qtrity in any of the Collateral without th~ wrritten tonsent of Bank; (k) tailurs to do sll things necesssry to prtseM and maintsin tlu vslus ~
a.~d coiiectibility of th~ Collst~rsl, including, but ~ot limited to, the psyrr~nt of taxa snd premiums on policiea o( inswance on ths dus date wit}~out b~nefit of
g :t+e grace pe~iOd. ' ~
11n1yss tM Cdlat~rN is perishablt or thrptens to declin~ fpeedity in vslue or is of a type eustoms~ily ~okt on s recognized market, 8snk will giv~ Msker res-
~ <enable notic~ of tM tirrw and plate of sny publie ssl~ t~a~of or of tAe time after whith a priwte sMe will be held. The requirernent ot reasonsbl~ notite shall I
cP me2 if such notip is msiled, postag~ prepaid, to any Maker at the address given bNow or st sny other adtfress shown on the records ot the Bank, at least te~ _ I
cays before tht tinN ot tM sals_ UpOn disposition oi sny COllateral after the octurrenu oi any default IMreunder, Obligors shall be and rertqin lisblt ~Or a~y
~ ^~'+uency; and B~nk shsll sccount to Maker tor any w?plus, but Bsnk sh~ll hav~ the right to sppty sN or ar~y pan ot w~h surptus (w to hold the ssme as a i
- ~~zrvel agsi~st any and all other liabilities ot each or sny Mak~r to 8ank. ,
~ Bank shall Mavt, bu[ shall not be limitsd to, ths tollowing rights, each of which msy b~ exercised st anY rirr~ whecher o. not this no~e is dur (s) to pledge •
~ r• transter tbis non aod the Colbtenl, whsrtupon Bsnk shall be rNitved of all duties and respOnsibilitils hetevnde~ and rdieved from sny and sll liability with ~
e~pec~ [o any Collataal so pl~dg~d or crans(erred, and any pledgee or trsnsie~ee shall tor sll purposes stand in the Place of Bank Aaeu~d~r and haa all ths i
~ ~;nts to Bank hereundN; (b) to tnnsfer tbs whole or sny psrt of the Collateral into the name of icself or its nomi~ee; (cl [o notify th~ Oblgon on my Collat- ~
~ a1 to rnake psymsnt to Bank of any smounts dus or to become dw therwn; (d) to d~mand, w~ for, cdbct, or make any compromis~ or settMm~nt it deems
~~es,reble w+th reterenee to th~ Collsteral; sod (e) to tak~ possasion or control of arry poce~ds oi Collstersl. !
E No delay or omissio~ on tA~ psrt ot Bank in exercisi~g any right h.reunder shsll op~ran ss s waiver of wch ~ight or of aM? other right unda this note. No ;
¢ .tia~ ~e~ or aleerstion sAatl b~ binding on 8ank unless in s writing sgned by an wtbai:ed Bsnk offieer, snd then onty to the exten[ specifically set forth thereio_
~ =~~senement, demsnd, protest and notic~ o~ dishonor, are hereby waiv~d by esch and every OWigo~_ Th~ ukirg of a r~newsl rqte without the sige~ture ot any '
~ r-aKe. or endo.s~r liabls on chis noa shal~ no~ be deemed a paymenc a d~schs~ge of this obligstio~ and che liability ueseed h~rwnder shait rnn~inw until this
x ,s pa~d in full. The Obl~gors, jointly and sevtrslly, promise and agree to pay atl costs of collection, including attorneyi tees equsl to 109G of tht amount
~ ~,enced, or such larqa amounts as msy be reasonsble snd just ii collected by legsl proceed~ngs or ragh an atto.ney at law, including ~pells[e proceadinqs.
~ The undersigned nowl reoeipt of a comp~ead copy of this not~ on this dst~.
:;d~,ess 1108 Charlotta St, , Ft, Pierce, Fla. 33450 ISEAI) `
~ sch 11 o pson jr. ~ i.
~ ;.dd-_ss Jv ISEALI
; '
~
~ . 312 1?~~7 ;
F85 752 Rev- 1 !7g . ~ ~ ~
, _ . . .s .~a , . . . _ . . . . . ~ . • a . at