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Home My WebLink About0113 . . . . (1~ ~ n . ;M . , , ~ . • DISCI.bSURE NOTE FOR INSTALLMENT LOANS ~111 ' (A) Amount Rxeived S~,Q~Q~; ~ BANK NAME (8) Piem~um for Cred~t , ~ Life/Oisabil~ty I~s. S ~ --n- ~ v n $o~ 7F J~=~p A~e~_*le~iia S7 lC) oocumeniary S~amp: S~~+~_ OFFIC AODRE55 (U) Other Charges Gtemiiel S_~~ fEl S ~P ; NOTE NO. DATED: , 19~..._. (F) 3 ~ - (G) Amount Financed uUE: tutr li . 1~_• IA, B, C. O, E. F) S ~ IHI Interest S ~ PI.ACE= .=~s~ ~b , FLORIDA Credit Invesugauon S IJI Other 5 For value recerved, ihe unclers~9ned IAereinafter called "Maker") ~o~ntly and severelly (if (K) S more than one) prom~u to pay to ihe order of the Bank, at i~s otfice I~s~ed above, the Total .,f Payments lirom (N1 at riyAtl ot ~7.~Q•~ DoUars payable m~ " s ec~ual monthly installments of S Z~9~~ , the t~rst ~Ml Fi1NANKELCHARGE s~~~a~'_ ~nstallme~t due on , 19~_, and subsequent ~nstallments due on ~ (N1~ Tota1 oi Payments IG * M) S~~,~__ . che~_da= of exh monih eOherEat~er, io9et + r-~toh•a FINAL BALLOON PAYM;sT OF: Y ANNUA~ PERCENTAGE RATE ~ ~6 ' ~ , ~ ` j ~ S ' • . T e Bank all impose a delinquency cher~e against the Maker on any paymen't which has become ue and remains in default for a peri in exceu of 1~ cfays in an amount equal to 976 of the amount of the principal part of the payment i~ detautt. In the event that the Nole is not paid in full at msturity, all pay- ments, whether principal, interest or otherwise, shall bear interest at the max+mum legal rate allowed under the taw. All payments made hereunder shall be credited tirst to intMesl and the~ to principal, hawever, in the event ot de~ault, the Ba~k may, in its sole dixretion, apply any paymem to interest; principal :ind!Or lawfulcharg~s the~ accrued. It is the intention of the parties hereto ihat the provisions herein shall not provide d~recdy or ~odirectly for the payment ~,f a greater rate of interest or the retention of any other charge than is allowed by law. If, tor any reason, interest in excess of such legal rate or a charge pro- h~t~~[ed by law shall at any time be paid, any suc~+ excess shall either constitute and be treated as a payment on the p~inc;pal or be reiu~ded directly to the ^"aker. The Maker may p~epay the entire unpaid balance oi the toa~ at any time. !f the loan is prepaid in full, accelerated oi refinanced, the Maker shall receive ~a ~efund Of the unear~ed portion of the interest and insurance premiums computed by the Rule ot 78's method, except that the Bank shall be entitled to retain m~nimum inte~est charge ot s5.~1. CREDIT~L~FE ANO CREDIT LIFE & DISABIIITY INSURANCE ARE VOLUNTARY AND NOT REQUIRED FOR CREOIT. Suth inwrance rnverape is available at the cost designated below for the term of the credit: (a) S tor Credit Lite Inwrance Ib) S -"O" for Credit life& Disability Inw~ance: • ' Check ? Credit Life ~nsu?ance is desired on the lite of Binhdate Appl. ?~edit Life & Disat,ility (nsurance is desired on Birthdate Box ~ Cred~t Life and/or Oisability Insurance is not desired. Oate: ~ ~ ~ Signeture ~ t^~" ' ~ Signatu~ ~"A _4 AFTER CaUIHED~RO~ERTYWILLBESUBJECTTOTHESECURITY TERESTANDOTHERORFUTUREINDEBTEDNESSISSECUREDBYANYS PROPERTY,ASFOIItlMtS: R7aker hereby grants to Bank a security interest in the property, if any, described in the space below and in aIl other property of Makei now or hereafter in 8ank's possession, and such security interest shall also secure all other liabilities of Maker to Bank, whether primary, secondary, direct or contingent, p?esent :,r f uture. The afpresaid security interest excludes the Makars primary residence unless said primary residence is described below. Lot f60~, S~etlroa. ~I, O~ti~ss ~ta of ~iea at ilettl.~s Lalaoi as d~soriwi ~a sati ssst~~. ~r~_ _ . - _ y : . ~ _1 . . . ~ . . ~ - -e• _ _ • - - a , - - . ~ - ~ , -.i,1„ ' i` the Ba~k require~ the Maker to obta~n insu~ance coverage against lass or damage to the col{ate~al securing the Makers indebtedness to the 3ank, the Maker •~.,v obtain such coverage irom any agent, broker or insuror acceptable ro the Bank. ~ It ~s jo~ntty anci severally covena~teci and agreecf with the Bank by each Make~, enciorser, w~ety, guaranror, and other parry to this note (all oi whom are . ~ ~ e~nafter tor brevity calleci Obhgor or Obl~gors) that ' ~ B.ank shall exercise reasonabte care in the custocly and p~exervation o•` the Co;lateral and shall be deemed to have exerciseci reasonable care i( it takes such ~ _~:cn for that purpose as Maker 3ha11 reasonably requesi ~n wrrting, but no om~u~on to comply whh any request ot Maker sha11 of ~tself be Jeemed a failure to ~ . ~~c~se reasonable care. Wrthout limrt~ng the generahty o~ rhe ~o~ego~ng, the Bank shall have no responsibiGty fo~ asce~tain~ng any matunties, calls, conver- ~ i s._:n, exchanges, ofters, tenders or s~m~lar matters relaung to any of the Collateral, nor (or inform~ng the unders~gned with ~espect to any tfiereof. ~ank sha~l rot ~ ~ c~ound to take any steps necessary to preserve any nghts in the Collateral against pno~ part~es, and tAaker shall take all necessary steps for such purposes. Bank p ~tt nominee need not collect mterest on or prnc~pai of any Collacera! o~ g~ve any nouce wi.h respect to ~t. R~ght is hereby expressly granted to !he Bank at its ~ ;,r~r>n to transfer at any hme to uself or to its nominee any Collate~al and to r¢~¢~ve the income thereon and hold same as security herefor, or apply it on the i ..~~~~c~pal or inte~est due hereon or due on any I~abiliry secured hereby. ; Upon the happening of any of the ~ollotiving events, each of which shall const~tute a default hereunde~, o~ ~f the Bank deems ~tself ~nsecure, the ent~re unpaid ~ r~~.,nce of this ~ote and al! other liabdrties ot each Maker to Bank shall thereupon or thereafter, at the opt~on o( Bank, w~Tho~t r.otice or demand, become imme i,tely due and payable: Ia) failure o( any Obli9or ro perform any agreement hereunder or to pay in (ull, when due, any Ilab~lrty whatsoever to Bank or any in- R s•,,Irr~nt thereof or interest the~eon; (b) the death of any Obligor: (c) the lil~ng ot any peUUOn under the Bankruptcy Act, or any vm~lar federaf or state statute, ~ i~~ against any Obligor, (d) an appl~cat,on fnr the appoiMment of a receiver for, the makmg oi a general ass~gnment for the benef~t of ~reditors by, or the o;;,~v?ncy of any Obligor: (e) the entry ot a ~udgment against a~y Obl~gor; (f) the ~ssuing of any attachments or garmshment, or the tiling of any lien, ayainst ~ v property oi any Obligor; (g1 the tak~ng of possessio~ of any substantial part of ihe property of any Obligor at the mstance of any governmental authority: rhe dissolution, merger, consol~dat~on, or reorgan~rauon oi any Obligor, the determinatio~ by Bank that a mate~wl adverse change has occurred in the § ~-~.•nc~al condition ot any Obl~gor from the condiuons set forth ~n the most recent tmanc~al statement of wch Obl~gor~heretofore ~urnished to Bank, or from ~ condition of such Obl~gor asfiereto~ore most recendy dixlosed to Bank m any manner, or that any warranty, ~ep~esentauon, certiticate, or statement of any ~ ~?~-~~qor (whether conta~ned m th~s ~ote or notl pertaining to or m connection with thes note or the ~oan evidenced by th~s note is not true; (j) the azsignmem o~ ~ -.y Maker ot any eqwly in any of ihe Cotlateral wrthout the wrrtten consent uf Bank; Ik) failure to do eN things necessary to preseTVe and maintam the value ~ ,~~•i ;;ollectibility of the Coilateral, ~ncludln9, but not hmrted ro, the payment of taxes and premiums on potiues of ~nw~ance on the due date without benefit of ~ y~ace period. ~ Unless the Coliate~al is penshable or threatenz to dedine speedily in value or is of a type customar~ly sold on a recogmzed market, Bank will give Maker rea- g ~:,nable nctice ot the time and piace ot any pubfic sale thereof or oi the nme atter which a pnvate sale w~ll be held. The reqwrement oi .easonable not~ce shall be met rf such ~ouce ~s ma~!ed, postage p~epaid, to any b9aker at the acidress g~ve~ be~ow o~ at any other acldress shown ori the reccrds 6f the Bank, at least ten v ys~j f~ore the time ot the sale. Upon d~spo {~tion ot any oilateral alter the occurrence of any default hereunder, Obligors shall be and remain liable (o? any e - ~cilbcV: ancj 6adk shall accot~nt ta NJ~sker~or any surpl~, but'8ank shall hav~ibe t~t ~o,applY ~ or ahy part of.suth sur~us lor to h~d the same~at a,., ty servE~ against any and atl othe~ ~~ab~l~ties ot ach or any Maker to Bank. ~ Bank shall have, but zhall not be limrted ro, the followmg nohts, evch ot wh~ch may be exe~c~sed at any t~me whethe~ or not th~s note ii due_ (a) to pledge [~ansfer this note and the Collate:al, whereupon Bank shatl be rel~eved of all duhes and responsrb~l~ties hereunder and rel~eved from any and all liabil+ty vrrth ~esnect to any Collateral so pleciged or transferred, and any pledgee or transferee shall for a~l purposes stand in ihe place oi Bank hereunder and have ail the _ :ahts to Bank hereunder; (b) to transfer the whole or any pa~t o( tne C~Ilatera~ mto the name ot itsel( or its nominee; (c) to notity the Ob~~gors on any Collat- ~,~.,1 to make payment to Bank of any amounts due or to become due tne~eon; Id! to demand, sue for, collect, or make any comprom~s~ or settlement it deems ~'.frs~rahle with re(erence to the Collaterai; and (e) ro take possessio~ or control of any proceeds oi Collate~al. No delay o~ omission on the part of Bank ~n exercising any nght he~eunder shall opera~e as a warver o~ such nght or of any other nght under this note. No _ ;:a~ve~ or alteration shall be b~nding on Bank unless in a writ~ng signed by an authorized Bank officer, and then only to the exrent spec~fically set torth there~n, esentment, demand, protest and not~ce o~ dishonor, a~e hereby wa~ved by each and e•+ery Obl~gor. The taking o~ a re~ewat note wichout the signature of any rn..ker or enclorser liable on th~s note shall not be deemed a paymem or d~uha~ge oi this obl~gaho~ and the liab~lity created hereunder sfiall continue until this a -,~e is paid in (ull. The Obl~gors, ~ointly and severally, prom~se and agree to pay aIt costs ot collecnon, includmg attorneys' fees ec7ual to ~~i of the amount F ~?~nced, or such larger amounts as may be ~easonable and ~ust ~f collected by le~al proceedmgs or through an attorney at law, includ~ng appe~late proceedings. . The unders~g~ed ac~:nowledge receipt of a completed copy oi ihis ~ote on this date. . ,.rlrest~~ a~~lp/6~ ~~~aal=. ~~~5 ~S~` _ ~ ISEAU =r~ . ~ .,-1~i~ess = ~ I ISEALI ~ y . a ~~:'~K 313 113 - _ ~ ~ BS 7S9 Rev. 1/ 79 ~ ' I