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- TURTI~ REED ASSOCIATES, INC. * ~ ~w. Anwurtt s.air•d _ _ X010_00
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Jens~n Sea~.ah .,~loridi~ 3357: .lay u+.i by In~ s
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~ttil ~AntoWtt fNtwtged ~ . ~ {
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PLACE. ~ - - ~ , EIORIgA. 111 Cndi~ frtvastiltion, i _
Fa w{w raaiwd. tltt (hersirattsr celled "Maker" {jointly. and sevstalfy lit ~ tJ! E'h~~r`.
more than octal proT,M to pay to tM of,dtr 6a!th..a iq office tispd ~botra: tttaTafal IKI~ ~ _'"'~~i~'`'•..~•..••
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of plsyutanp (front (Nl at rgltt) of OollwspayabN ht (U ~ 1 ~ • -
luifl, RjN~11rCE CHARQE
pw1 rttonthly irtele>ilertants of = - . fir first ~ ,
irtttaliraer?r dw on " ~ , t0 . erd Krbesilirant Ngtal4rlartti dos oat IH, 1, K, • U _ _
. ` !NI row of -Payrrrarta lt3 + M~ . i
• eM---.cd~aY of tq^th t~rato~ed~ w~tR ~~hINAL BALtLQQN RAYMI~NT OF ~ ANNUAL PERCERIT~QE;R~?TI~ - X
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' The Sank shalt irraob a_dalingteencY d+aroe aYeMtst tM Mekar ort anjr paYmrnt whkh hat beootns:dw and nrttebta Mt dehult tar ~ pwiod in ~:caes of 411 ' ,
days M ~n amount e0ua1 to 641 Of tM smotrnt of sits prineipN part of the paymat its default. le tM avant that tfte NON k not pie{ in full at rrttturity, aN pay
mer,t:, wMtMr. priftcipal, interest~or odNrwisa. siraN bur irrtarstst at tM ntarcirttum hall rata Nktwad the Iowa of ~ Stele oi-iaoritla. AN b retells
ty?#t+ndtr siteM bet credited first .ro iruraat and tMn to farieteipM,.howw~r,- in tIN hwnC of detach, tM Brnk may. in ib toht dhontionepph?>roY pey~nwtt tq :;,;y
intMast. pineiPM setd/or Itrvlul eftarges that sarud. It it firs intention of tM partU hereto itLat the prorieiorts henM. sftall not ptpYida 4irse~Y.a ktdiraeNy -
la tM p~yntent of a 9rsiter raft! of IMSreit`or t!a rstentfurt of ssty other dtwge then b alkwsed by law. 1/, for srty r~on, tneMSSt in,axaMti of tydt hYM :eta or
~ eiarpa prohibftsd by law shell at aiML lima be psid; arh? arelt excess shall aithec constitute and a trsetad ass peynant on the prittclpel orbs nfurtdsd_d>reedtr
to tM MNcsr. ~ . _ _ - - - _ - .
The IlAekar may prepay tM actin uapetW bakinosot tM ben st any tints: tf the loan is prepaid in fuN, accehraad or:rsf irartoed, ttn NMkar Ntali re0aiva a =
refund of tM unearned portion of tM irttsrest and. inwrsnq cartputed by .tla little of 78's method. except that tM Bank sinll lea enthNd to retain
a minimum interest darpt Of ~6.OQ.` - -
CREDIT UFE ANf) CREDIT ,IFE A DISABILITY INStNiANCE ARE VOWNTARY ANO NOT REOtJIREO FOR CRk01T. Such imurana eorwaia it ,
swilabk st the coat desiyneted below for the term of tM.aedit: ld = torCndit LHe Iratt~wta lbl =
for Gsdit l.its a Disability {rattranoa: - ~ -
Cftaek ? Gsdit life Inwrartp is,dasirw! on the-life of
Appl; - Birtidatt
Box ~ D l:redn lib ~ oieability Irtwrarta is desired on
t _ 8irthda»
u Crsdh Litr and/or ~Oitabiiiw irqurartce it not desired.
t~sa: - -June 13, 1979 Sipnaturo • -
• sigteture t t •
As severity for tM paym.rrt of the Note tln IiMker heralslr arwrts to tttr Bank_a eectrrity intarat .n the falowitg property: ~n Tulrt~e ~~~I~f: fond 4 `
as das~rfbf~d~ to sa{d isnrt~iata. ' _ ~ ~ - -
~ irtetudinp slt- irtneaees, subttitutiorts, raplacertnats: additioro and accessions tlareto snd in the prooeedt thereof (hereiraiMr alNd "follaMral°{. This w !tY -
;merest tJyit sko searif ww odor +ndsbadnpe a Iiebifity of the Maker ip the Bank dtnet or indirect. abso4ra or eorttirtaem, dw or to betans dw,
istirq of herMtter wisug, indudirtp cell futon tebertou or IOens by the Bank to the i+Aaker. }
Ths tarok i< abo given a lien veld a seaultY iawsn in ail property snd iewrities of tM Maker, ertdorea. wntY. ytwsnto? a aocomnrodatbn.perty of
Note. htsrsineftar Iaterrad to as the "Oblgorar'1. Blow in or st any tints itereefter cornitt4 into~thtR oorttrd, agtody or poesauiort Of the Bank, whether for iM x -
pra~ud purpoa of beirt0 wed by tM 8snk a4 Cotlatagi, « for any other purpose, and upon any belwKe or brlartas to tM ontdit of any aoeountt, wtdirdirtS
trwt artd.adltwy soobur?ts rrteirttairted withtM Bank. by any of the Obliyars:-snd the 4Wipors a~rM to deliver to tla Benk,additioaei Collagral or meka strtlli:
peyntMts in reduction of the prinebd antourtc of tM ben as shell be setisfsctory to fir Bank, in,-the want the aforwnattioned.Coiletsral-Hall dedine in vMut
a beearte unptisfactory to the Bank: , ~ ~ .
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Additions to, redttctioet>< or exdtatnpra ot, or substitution for the Cotlatersl, payments on account of this ban err irtrxuMS of tM same, a other bate rnedr' -
pertispy or wholly upon-rite CoINprM, mat! from time t0 time b! made without affeaanp des provisions of this Nola. TM Bank sbaN sxercat reaeortebM ears in _
the arstody and preeerverion of -the Coltegral to the extent required by app8cabis stators. and shell b~ dewrNd to have sxreised reportable pre i/ h was etrei? _
action for that purpose at fNekar, sftaN raasonebiY request M wsitirrp, but no omission to do any act not raquabd by ~Aeker sl?ril be deantrd a 1ailun eo ttterdei
raesonebN pre, and rY0 oritission tp ooatplY with any rsglNSt of Maker shell of itsNf be deemed a failure to.exercise nnortelde Can. Bank shell not bt bared to .
tske any. slept r1lawMy to preewva any riOhts in iM CoUaterai a>iairtst prior pettip end Maker Ball rake all eaoefeerY steles far stteh prrpons. The Sertk or its -
nomirtae need not oolNet intsrpt on, «a prirteipel. of, any Coilste?al or piw.any notiq,with respect to it. =
The Bank may ContirpN to hold sny Collateral tiepositid farsurtder afar the payment of this Noq, if st tM tints of tM psymem and disdterae hereof sr~'of `
the peniN liable for tM psynant hereof shah be than directly or oontntSertdy liable m the Bank a Msksr, •rtdorser. wrety, pwranta a aooonwrtodetan p4rtY
of any other mote, drsfl, biN of exdswtoa, o? otftsr irtwuntent, or otltervviis?, snd tw Bank retry tltereedur exsrare slt rgha with retpetK to seid_Cotl~i~ref
granted herein awn thouYh this Note shall have been aurrartdwad m tin Mekar.. -
if the Bank dgnts itself iMeeure of upon iM heppe~irN of any of tln folbwirq events, astir of which efail txtrutituta s dNwh, all liabilities M eedt.twaksr to
the Bank. inetudirp the elfin urtpeid principN af. this Note and a«rwd interest, less any urtawnwi interest and any imsrpt in exaM of fire msxintum albwed
M law and any rebetp required by krw, shell imnrediasMy or tireraafter, H des option of tits Beak, except that file oectrrwta of (el a (d) shah cause strtontet•
ie soeele.ation;withart notice ardernwtd, baoomedete end peyabN: (al ttta faWre of srty dbHOor to perform sny obliyetioe. liability or ehitrt to the Bank, to pay _
interest hereon within 40dsys aPoar h is dw, or H then is no due dots: etpr it Y bi1Md err othwwiee requested or damwtdad, or ro pay any other liebifhy telwc•
sower to tla Bank when dw; lb{ tM death of any irtdividtral tlblipr. tfta diNOkttion o/ any parerarship.Obligor or tM diesohttion, merest a oonaolidetion with=
out tM Bank's prior- written eoeaent at any eorpae4 Oblipr; kl tM filirq of a pttitiolr to bankruptcy or the afijtrdiesaton of imolwncy a benkrttpsey under : .
sny reoraeMzation, rrrsrtoarrtettt, . rsed;uetntent of dytt, d'asohttion, liquidetian or similar prooeadirp ertda? any ; Fedarsl or erase statute, by or aaains< arty
OtNgor: ldl an appliation fa the appoinemwtt of a receiver for. or tM ntekirp of a denpM asiprtrewtt for >fu bsnefh of creditors by. any Oblipr; b) file entry
of jtttlynartt easiest wry Oblioor; in tM levering of any attachment or yerttishrrtent, a 1M fitirtD of sny lien, tYait+4f any property of say Oblipr: l91 the takirta d
possession o/ any subetamiei pare of tM property of any, Obliaar e: the lratana of any pwarnrtrrtw wMaity: Ihl the drterminetion by file Bank then • nteMtt
al sdverw ehwrOe hp oentmd in tits firrartcia{ eortditiort of any ObliDor tram the oordkbrr set forth M tM most Want firgtteiM sawnwtt of ettelt Oblipr
Mretofws fwnillad to des 8arric, or ham iha ewtditksn d sudt Oblipr r fterstofars mat rsotndlr diedosed:to tie Bank, a dtit any werrartty. rspraeeeatioa,
certifiaa or asarrtartt of wry ObiiOor (ut~tadier oontaNted M this Nate err nM) pe?tainiM to or in aonractlon wish this Note or the ben svidertead by this NoM; ° : ,
contains an umrw wterrttnt of nateriN teat or omits to stale nateriM fset neeeetary in order to make the statertnrtts nteda nor misleedir~a; or, Iq tlia at+e~=.
.Want by any Maker of any equity in seiy d Ma CgtietarM without tie prior written aorwrtt of tM Bank. - ;
The Bank shall have, but IheN not be fuelled to, tM fdlowiey rioltts, ~ of whish may bs exercised aK any tittle whether w not this Note it dW: li{ to -
pledaa a tartsfsr this Noce end the Coliaseal end tla Bsstk sheN gwMrpoe be rNisvad dt aN duties and nlpon~ibNitip tarNrrtder aetd rNiwsd koen any and sN . .
liability with respect LD any COgeisrN eO plsded err trertsfMred. ~
artt/ Pledin Or trwMfMM shell for aN purPosee stand in tM pktoe of tile Ntk herwrtiNr sad .
have aN des rirtfa of tla ~k Iteraettrdar; iNl.to wanebr tfta tarhole «_any part of tla Coilabial into des nerve of iteeM or • (iii) ~ troar the Cp11s1agl
. - iiv) to rarltr the Oblioore of erw Lbik+tera m mek. iaynrnt' loo the Bwtk W any s~tttounta dw « to ~ dirttertd, atta f«. collect. a
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m.ke ~w ass use e - ' s t u'~~e`~Ree s__o'c'~a~es;'~ . an ~r°a~ s as~s~'~ns"de a~c°`'
NoncE: aEE oTI+Ea sloE f=oti IMPORTANT INFf~111AtION B oR~~4 P~6E }
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