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HomeMy WebLinkAbout2697 1 . ~ ~ , ' ' ,4 INSTALLMENT PROMIbBQ~Y NQTE-L - ' ~ ~ - TURTLE REED ASSOC IAT~S, INC . - ~ 'IA~_ Amo~t fiaotivsd - s 1 Z e000.Ot1 - lBl 1~rMt+ii+tn ~a Credit A011@' ,Jensen Beach, Fiori~ai 3~l57 - i,Ih~l~habiN~y,rea. s . to oaoY~ttt.nr: - . , s Wane _ i - , , _ to Dace[ t;'~eardaa tit«,t~.i . : ~ e ~ _ lie she - _ NoTe NO..._..___~_~~._ `~'~TEa ~ ,~lt~y..$#,.~'`~; . ts~ ' :_fM ~ - ~ - -Wane - \ ~ _ tot llrteatau f<heatead - Au 6 ~ F , t~, e. , OUE: a t9..~..,: - - DACE: - ~ , fIORIpA lil IMlratl~tion - ti+ FOt Wi{Iti rtcervtd„.tiN aredsrsigrNd Ilesrsireatnr p1Nd ••~tWf••1 loitttly and awuaNy lit. ~ ~ r ~ rIV1iC . " ' mote dean otee) prontat to pay to iha attw of tM is olfios listed wee, dtE ~otN - tKl ~ _ . ~ : - . of raynweq Arran iNl at riglet? of OolMtt p~yabls in_ ' (u - thq FINANC@ t~lAptiR twa4 tow?dN,i instNhrtuttt at = , tt» ttnt 8 ~ 664:.00 • - iN,1, 1, K. ~ ~ i . ~ , i~... ntttalttresnt dw oo alt: 14" ; . snd twist instNlrytN~ts tlt~s bn tNl ~ TotM ~ tyytetantr (G + #itt , ; . _ tlt~ ~ dw of each neortth tn.r«tt~f~tirto ZMth s F~?tye~~~ooN pAvIriEN14+t: ANNUAL. Pfa~RCENTAQE RATt~ ' 19 _ [th-~" s . - ~ dtJR:- - , ' ~T11t Bank steals ide)eosa a dNInQYeflCy C11/ra t tht Maker a1 Mt1l pavtteant which Zeta t1faCO1M titre and rtrtains in dttlauft.for s /sriod m aetpN ~ days in an amount ettttal to 6X of tM antowtt of tM PrMt:iPN part of the paymMt in dtfatett. M tM twatt that. tlet Hots b not paid in Ittli K fttt+twitY, sM Pay- mereq, wMMtr priretipN, .intsraet or oth~ryriN. s1esN least intsrN; aK tits tewtirreunt ~sgN ta/a albrrat! ttttdar the ~ ts'ths of No!i~. AN pklt~Ntn ttttdt.. herauredu sMH tit cradigtl first to intuMt and desn m ptintapN; liorrevtr, in tIN want of tftfaWt, tht:Beetle Wray. in it: tttla,dho?stioti, adply any ~ay~t q . intsrgt: ptirecitfal and/or tt?wtu~ dtafyas thten topuad.' (t ti tM inetntion of flee putiaa Hutto Mat tM prowisioia harsig fhal4 not itrovida diftNtl[.or fa the. wymait of a oraatar ran of intt?ta a tIN nantion of atrir other tharg~ than is aHO~d ~ teritr,lf, for am rttson, intarsat in ttctau o! suth hOM fret a a deargt _ proM"bitad by law tleall at grey -tuns bs pNd, any tilde txoslt than aithu txetestitup srid bt ttptad M a ptyrreadt On tM p~itk4N Ot M nfurtdsd dinedy , to tttt trWtN. - - r . - TM Hattu rreay prepty tM tntin unpaid balarett o} tM h»r? a any tint. it tM losn N pttpaid Ms fall, at:oelaratad of .rdieanoad`,- tM Mtdtu thatl rsaiw s refund of the unwned portion Ot tht inttrsit and lrestaanos prtmiunes tsontputed by t1N- Ruin d 78's ttetthod, txospt chat tfN ~ tlMN;bs arniaat! t0 t~talrt a minimum intuest ehahs d >i6.t1Q. - . . CREDIT LiFE ALPO CREOtT LiFE A OISABILiTY INSURANCE ARE VOLUNTARY AND NDT REOUIREO FOR CREOtT. Such inwranasoerwaM N , ~va~sable at tM cost daiptsted below for tltt farm OI tM ortdit: W = t«-Credit Uts fremtgnp Ibl:. - Mr Crtdit 4h i~ Oitaf/ility IMupnot: ~ _ - Cftsek " Q Crsdn Lift Iraurana fs dusirsd on tM Iits of - , Apps. - 6irthdan - Bo>i ? Credit Lite 8 Disability Iresurartct is dtsired on - - a - ~ Crtxiit Lite sndJ« Disability Irgtrrsrtct is not desirul. an: JulY.25. 7979. 8ipnaan _ _ His re . Signature . As tscu.ity f« tins psymant of the Wou tlet Math ite?tby grant: to tle. - ralawir~, pcoputr: ~n Turtle R! - as d,~~CL"~bltid ~n iild "i^!"Z~d$!. _ - ireC)trditq alt irtcreases, sttbstitutions, r~plaeetreante, additions and aeeetsiorts thereto and in tM proceadt tMrsof Itrerskeatser eNMd "CollatsrN"i. lleia tsturhl/ I~ interest s1eaR alto sewn aretr other irtdabndrttts or. liability of tbs MekN to tlls Bank dirKt Or iredirsct, absdtrn ter egntiregaM, dus or to beeorrtt dw, notu tx-' istirg or hasaftsr ariiiry, irtdttttireg aN tatwt adraretw or loans by tltt Bank to.tM M-titer. - ~ . TM Bank it ale giwln s litre and a aawrity interval in all property snd securities of tftt Halter. aredasar, runty. guuanta a saorreneodaion psrq d-this ` Mots (Itutins/tu rtfprtt! t0 at tht "Obligors"1. now in or at any tints fNrMttu oomirg into dtt oora.oi, arttody or powtgion of tht Fettle, wMthsr !a tM tx `I waste t~trrlroa. of bains u~ad by th. Bsnk as Caiaaral. ar t« arty otita t„rpoa:. and ttpon any batar+t~ « b.isnaa co- tht credit of- sny aooounts ~uaw~ trust snd.sgueey aoootrnts maintained rriMtlet BM?k by any of the Obligors, erxf tM OWigora avna to dNM? to flea dtnk additioreN:Co11a1eral of neNts tsreh payntMta in rtdttetion d tht principal. amount Ol tfit loan as sfeali tit ostbtaetory to the Bank. in tht tt/tM rtes aforarrwetiontd Catetsri{ tleall dsditts in ealw _ a bacontt itrwtistaaory to tM Bank. ~ - . ~ _ - Addtiorta to, rtdrtetiores or attehtregas ot, « aubatitutiorM for tM CollaterN, psyments on atxxtunt d this loan or.irevMNS of Iles tpsrrn, or othN loans eeadt " pertiNiy or wholly upon tIN CotlatuN, neat' front tirttt to titnt bt made without effecting Iles provisions of this Nott. The Bank gtMl txtrttiss rsesonabN tart in tree arstody and prsrrwtion d. ths-Collsaral to tM txnret taquirsd by applicable ststun, and sitars ba dsenesd to hart exareaad tM/wpbl! cart if k takN tweh staion f« that pttrpoN N WkM shah. tarsoreably rtgtrNt in vrritireg, but reo omission to do any set not hquttNd by Meku thaN bti dstrrltld a lailurt ao tawtiM reasoreablt t»rt; and no omiaaiote to oomPly with say retltrett of MakM than o4 ittetN bt dtamed s tailun eo sttueita neaoretbls csn, 8snit shMt trot W to - tales arty steps .>lossssry to prptrw anY righn M the CollatuN agairut prior ptrtNS and Mtresr ttltsH take Nt reaosanry tMapa tar sude purp~. The Banktt rtorrtirees rtesd Woe r<olNet innrat on, a i priretipsl oi, arty Calatuai «giw a'+Y notioRwide rtspeet to it. ~ ~ Ttea 8snk mty coretintrt to hold any CoUatuN tepoeind Mrwredu afar tM paymutt Of this Noq, if at tM tierce d tlet psyment-and dildtttdt hsrsd agy of . tM putiM iiabls for ties pthtetrret leartof chap be than dirtedy a oontire0attly liabh to its Bttnit m tlAahsr, ertdonu, tartly. guarantor or eo0otrtrnotfstion grey . , _ of any odor non, draft. biN d satdtaelgt, a otMr ~tae+ant. or otherwise, and the Bank mty ti+srstha txtraw NI ri~ta with r~see eo raid CoNaaKt) granted burin. avtn though this Hots shah hart bsue wrttndared tp tM Maktr. If Nes Beek dsutts itself iryat:urt- Or upon dee htpptrlireg of any d tM totlpwifg events, tech d which shNl oorMtitutt a default, d1 liabilities d aat:h Maiw to tfta Bank,' indtrditq tM ent'we urtptld principN d Mk NOn tend atxrWd inttrett, sat any urtsunsd intuttst and any innrsst in axotls of tit. mNiinwer Niorwd Dy Iarv and any rehires requirtd by Iarv, e1teN Mrrrtediataly or tieersatter, at tree option d flea Bank. exotpt tftet the oocurrertoe of (d a Ids sh.ll eatrw auton»t- ie soaleretion; without rtotioe a dsneared, bseores titre and piyablt: W acs tagtrre Of any OMioor to t»rf«m srY obligation. IiabilflY «~4kr1 TQ tlta Bank, t0 pay - - interest llMnon within 1GMys afar it is dt+e. a H Mira ie no dw dste, aftM it h bleed s odterwitt ngttasnd or dentetedad, or to pay any otieer liability wtat- tntvtr to tM 8snk when titre; Ibl tie dsaM d any individuN. Obligor, the diwolation d. any psratsrship Obligor or des dissolution. margt?ter ooneolidrtion with - " . ouc tht. Bank's prior written tmteMnt of any torporats Obligor; Itf tM fititp of a pstitlon in bankruptcy or tM ad]udiaRion d inaohosety of barelwptcy ttredsr - sny ?sorganitation, arraregarrtent, ra~ustnearet M debt. dissolution, ligteitlttion a sineittr prooeedire~ tinder any Ftdaral or stsef atatutt, by. or fysilMt sny Obligor: tdl an sppliption for flee appetneneant d a rsositNr ta, o? the ertakitq of a gantrN atsiprnegt for tAt batttfh of enditors by, etty Obligor: b1 tM ttnry trt ,udgneaet al~ieYSt any obligor: if1 tier iNaiteg at ttrw attdtnwet or gureidMrNnt, or set Bing-~t arw Ii.n..~ta.n~ prap.at? of att,? owe; a1 tits tat~tgo< posesaion M any suMtantiN part d tM proputy of any Obligor st tM irwtareos of any gowrettrMSntN authority: (h? the dttermMition by efts Bank that • mntui• at idvuae tiiaeege has ooetwrtd bl tM tirteretiat toredition d any Obligor from the oonditiotes ass forts in tits most reoatt fiteeretial twterrtattt of assess Obligor herttofws furnished to tlet Bank, or from tM easedition d audt.Obliga ti httratdon resort raoatetfy ditdoMd to the Bank, or that say warrsnty, raprtearntion, . " tptititan « stsnrNnt d stet' Obligor (whttlear oontaitnd let this Non or not! p~rtainirtp to q[ in conrMOtion with-this NoN or. the Ioan widened by thin Ntgt eantaiees an unuw aatement of nwtariN fsta or omia eo sea mstuisi tea etse~asary let, ttrdu m tusks the statwrteretr needs not or, ti) tftt naigtr nrnt by any lbksr of any puny in any of tM Col4tarN without tlos prior. srrNtan txmetiet of tilt Birk... ~ _ . TM Bartle sleee Mve, but thNf-trot bs limited to, dtt foHorrkeg rights. tads-of whkh Wray ba tttercised t!t„grey tires wfttedear or noti this Nor N dal: lit m oledgt or trartefer Hie Noe snd tM CollaaerN and des Bank tleelf thartupore bs rNiMd d aN dudp aced rarporaibithits leartuteder srtd rNisrtd hone tray and tM ~ _ tnbility with aepsei to any Calttaral a pltdgrd or irsrtNStred~ and-any,- pltti~s a tnrtdans shtil for. aN purpp/ts startd in ties plaotr of tht Bawh, MnVnda? teed ftetrt sM the rights of tM Bank leerwnfltr:fill to trertetrr ttw tMrokt.or any part tN tM Collabasif -into t!M tienee ol` ideH.« in naninet: tiiti tt~tbaa tits ColhttrM: twl a aaih tlet Oblpors of any Coltat+trN to nttske paymMet ao des Bereft of any arsoureet tires a th beoontrtiw deenot~: iv1 to dtrturtdrwrs f«. ooiita. a _ m.k. ~w _ K~ a~ used- ?~er°`eans u'~ r~~`~Re o'c~a~es; `Yn!~r~ortO~~s a~~ NOttCE: SEE OTHER SIDE FOR IMPdITANT,INFORidATION 6~~~"'~~ F4S 75= Rat ~m -