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lGiN INCLUDi1'tC t.'ifE;tt"ST "x1E C Wl0! ty _--r~
OISCiLOSURE NOTE FOR INSTAIIMENT LOANS ~?ccosoaalci: ~++tlt AMtt .:Urrost~ ~ t., , ~ „
_Eir t Nationa~Bank of Fort Pierce - IA? ArstowttMcetved ..~s
- _ MHK NAas~ - - IBI f?rarwlm for Gndit _
_ _ ~ . ~ : ~ ~ - , , • t a.,.:. I;i;.~ _ . uf•~a..h~tie~ tree. _ ~ = none ~ t;
P O. Box 970 Fort Pierce,'`Fla;•'33450 j'!i~~~ i~1,•= ljl-- l~ oau„t.nwyst„tto, •_s _ZS~
- .O fIC A RESS . ~ i.
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_ _ a. . '101 OtherCtuxgetlitembel 'f IlAn9
NOTE NIO. 2 6-0054-1 DATED:.-. ` AUQ'.. 14 , " • - ' ~ 19 79 r: - _ -
Au 14. ' , _,'~;r'- - _k;1.ArnosntcFirsartced •S 007 65
DUE- g • ..19 8~ w IA. B. C, O. E, FI •
_.,.•.i._.~,.,.,•::_. s ~ lil .:.•iji :r ~IIfI- Interest _ 8=~~~
Fort Pierce =_~:a ~i ~-,:>=~-,~+---:t:':~ _ -tn= l
PLACE: FLORICA'; .Credit nvestigation - ` _
F« valve received, tM wdersgrted ~lhereilsaftei e:l~ia'~wUke.") jointly end t~.w?wy lit 1J1 Oaw = none •
more dean Deal pronsiss to pay to f , at its of fiq IKtad abotre, Toth
~ - tKl = r+nn~
or/d~~q R none '
of Paynwta (trout (N) alright) of ~ - Oollws payabh in~ Ill _ .
IMl FINANCE CHARGE
equal rrtentlsly irstbl of it • _ . - ; the tint: , " IH, 1, K. u • _ s 2 ~ A12_.~~
instatlnlarsc dw on "°+'t • • ; lY aM wbMgwet insglltnMSS dw oe - INI Toth o1 PayrtMnti lCi + M) = 7 + f12A ~A .
the 14 day of each month ttvateefter, together wiH a FINAL BALLOON PAYMENT OF: ANNUM. PERCENTAGE RATE 14_ 1,_9 i,~~,~
s none ouE non ~ . ts„_;. .
TM Bank shalt iwipoN • delirsgtsersey large against tM Mclean on any payment whirls has become dw and rerneira N default for s period is exoela of 19
days in an snttourrc etlwl to 6iK of the amount of tits principal pert of tM psymaec M dafatdt: le the event that tM Naq b not paid b fuA at naterlM, W pay- -
malts. whetlsar prfndpal, interest or otMrwiae, than beer ingrest at tfts rraximurn bgN rsq alklveed under rise law. All payments rude Mrewdar sftell tls
credited tint t0 ingrNt artd then to prirtcipel, boveever, in the went of default, tftr Banlt assay, iA in sole disteetan, apply any psyment e0 intarate: pdaiPd'=. t;
and/or lawful des rgse then sotrtred. It b tits Mgntion-of tM pantie hereto that tM prorbions Mreist shag twi proeitle diraetfy or indiraeth/ for tine paymerst : ~ .
of a grNte? req Of interest or the regrstion of any otM? dtargs then b allowed by law: If, for any meson, interest in axoer Of cads IpM nice Or • large pro-
hibited by law stall at any time la paid. arty such expss then either oortsdtuq and bs treated a e payment on rite prirxdpN or be reterlded directly to the
MNter, The Malla? titer grapey tla ettdrs unpaid balarw of the loco at soy tins. M tM tan b prepaid in fuN, aaoNeretsd or ref inanced. file HAalrer shah seuivs
a refund of the txseerMd of the irtgrest sod irtsssralloe premiums ootttputed by the Ruq of 78's nathad, sxospt that the Bank shall bs esattled is retain . ,
a minimum interest e,IsarOe of ist.~... - ~ - _ -
CREDIT LIFE ANO CREDIT UFE a D18ABILITY INSURANCE ARE VOLUNTARY ANC NOT REOLIIREO FOR CREDIT. Serf[ irnltrarsoe soverags b .
availebb at the oast desipsstad bNow for tM lento of the uedir. Is1= for Cradle Lire hwrarta lbl _
for Cradle Uh a Disability Instrarsts: - _ - _ - _
Check ? Credit Lift Isssslrana b desired on tfle lih of - - Binhdaq . `
Appt, ? Credit ~ih a OtssbilitY Inwrelsos b deeirad on BirHdaq : .
Box X$$Gedit Lihand/or Disebiliq Insslrsrsos - - ~
Dea:n_
t~~ 1d a 1979 giBnetsr~ - ~ giynsture .
AFTER A0001RE0 M10FEIITYwILt tE f11NEC? TOTNEiECYRITr 111TEREtT AN0 OTHER OR FYTYRE INOEETEDNESS ISSECOREO B1f AM1I SUCH MOFERT~ All FOLLtl1~
Maker hereby grsnts t0 Bank a secwity interest in tM property, N anY, described in tfse space below and in NI other property of Maker now or Hereafter in
Bank's possewion, and such security interest shall also fecstre NI orbs Itabilities of Maker to Bsnk, whether primary. secondary. direct or eontirtgent, present
or future. The aforesaid security interest exdudas tM Mclean printery nsidenes unless said printery rpidertoe b described below
Second Mortgage
Lot 7, Block 155, Okeechobee, According tb plat thereof recorded in Plat Book 5, Page 5, - "
public records of Okeechobee County, Fla.
it the Bartle requms tfte Maker ro obtain iraurartce coversgs sgairtst toss or danuge to the cdlaterel seusrirg tM Makers indebtedness to tfse flank,lM Maker
may attain such coverage from say agent, broker « iraur« stx»ptable to the Bank. _ -
It is jointly end severally wvertsnted and agreed with the Bsrtk by each Make, endorser, aunty, gusrsntor, and other party to this noq Isp of when are
hereinafter fa brevity plied Obligor «Obligors) that:
Bank shall exercise nesonable pre in the custody end preservation of tM CollaterN end shall be deemed to hew exercised reasonable pre N it takes ssseh . .
`action for Hst purpose as Maker sftN1 reawnabty request in vvritirtg, but no omission to comply with soy request of Maker shall of itself be deemed s fss{trr'e to
exercise reesonsb4 prfa. Without limiting the gerserality of tM f«egoitg, the Bank shall have no resportsibiliry for asdrtainirg any rraturtties, pile, conw?-
Sion, exdgrtgas, offers; tprtdsa Or simitsrrrattirs netting to soy of the Collateral, nor-t«-int«mirg the slndanigrad with rppect to any thereof. Bank shell not
be bound to tab any saps rapsfay to preserve arty rights in t!a Collateral sgairat prior psrtiee, and Msker shall tsb ell rteoessary steps far suds purpOMR Bank -
or its nominee need not collect interest on or principal of any CollatarN «giw soy noYsce wiH respect to h. Right is hereby expressly greeted m tM Bank at its -
option to transfer n any tints to itsNf w to its naninN soy Cdlateral end to receive tM incase thereon earl hold saute ss severity herder, or apply it on rise -
prinrtipN Or irltereet dw hereon Or dw On any liability teu/red hereby. - -
Upots the 1?eppenin0 of soy of the fdlowing events, each of which shell Corytitutt a ddault lteresartdar, Or if the Bank deans itsNf ineewre, the entire unpaid - l
bslance of the riots and sit other liabiNties of each Maker to flank shell thereupon or thereafter, at tM option of gook, without narks ar darttsnQ, bsc«ns imma -
diatNy due and petisbM: lal failure• of any Obligor to pert«n?sny agreasant herwnder a to pay in full, when due, any liability whatsoever to Bank or any in- t
stalrnertt tMreof Or interest thereon; Ibl the death of any Obligor; lcl the filing of soy-petition unda? tM 8ankruptty Act; or any simibr federal or star ststuq. • : -
by « against any Obligor, Id) sn appliption for the appointment of a receiver for, the nrkirsg of a gerterM assigrunent tar the benefit of crsdhors by, or the ,
insolvency of soy Oblga; (e1 the cosy of • judgnant against any Obligor; lfl the issuing of any attaehnaets a garnishmatt, or rite tiling of any liars. against t
soy property o/ any Obligor; lg? flee taking of poesesrial of-any subtattial pert of the property of any Obligor st tM instsnao/ any gotrsrssnwstsl suMoriry:
Ihi the dasolutior?, nrrger. eortsolidation. or reorgeni:stion of any Obligor; li! rise determir»tion by Bank Mat a meteriN sdvene chsnge has ooeurred in the
financial condition of snr Obligor from des conditions set forth in the mast recent financial ttattrrant d suds Obligor heretofore furnished to Bsnk, or from
the condition o/ ands Obligor ss Iternoton most repntly disclosed to Bank in any mariner: a that soy vverrentY, representation, prtifieate, or staterrsewt of any .
Obi igor (whether oontsinad in this rsote or not) peroiinirg to or in connection wiH Hb nos « tM loan evidenced by this note is not trw; GI die saigrtntatt by
any Maker of any puny in any of the Cdlatersl without the writta9,eonsent of Bank; lkl hilure to do all things naeeswy to preserve and meintsin tfte value
and cdtectibiility Of rite CollaterN, irtdudirsg, but not limited to, the peymatt of texas and premiums on pdioiae of insurtYtee on rite due dm without benefit of
the grsp period. - - -
ilnlea flee Cdlats.~ b perishable or Hreetans to decline speedily in valve « is of a type customarily sold on s rswgnized maker, Back rviN give Maker res.
:Doable notice of the time and plsq of any public sale thereof «oi the tints after which s private sale will be held. The rpuirement of reasonebte notice shall
be stet if such rtotioe a msiiad, postsge prepaid, to soy Maker at tits address given bNov+r or at soy other sddress shown on the records of dse Bank, st least ten
days before the time of ttte sale. Upon disposition of arty CdlaterN after He occurrence of soy defsult hereunder, Obligors shall be and rensain 4ab1t t« any -
deficieney; end Bank shall account to N4ker for soy surplus, but Bank shall have tM right to apply stl « any part Of such surplus (or to hole! the ssrrte » a
reservel against soy end all other liabilities of each or soy Maker to Bank.
Bartle shell ltav~ but shall not be limited to, the idk?wing rights, each of which may be exercised st soy time whethw or not Hia nos is dw: lsl to pledge
or transfer Hi: note end ttte Collateral, vvMreupon Bank shalt be rNNVed of ell duties and resporaibilities~ereunder and rNieved from soy and all liability with
respect to soy Cdlataal so pledged or trenstarred, end soy pledgee « trsnsteree stsNl f« all purposes stand in the place of Bank hereunder and have all tM
rights to Bartle hereunder; Ib1 to crerafer the whole or arty part of the Collaterel into the nsna of itreN a its nominee; lei to notify the Obiigori on any Cdlst-
erat to make payment to 13snk of soy amounts due or to become dw thereon; ldl to dansatd, sw for, collect, or hake soy compromise or settlsrrtant is deems.
desirsble with reference to tM Colbterel; and let to take possession a control of soy proceeds of CdlaterN.
No dNsy or omission on the part of Bank in exercising soy right hereunder shell opsrab as a waiver of such right a of any outer right ands this hots. No
waiver or Ntmtan shall be binding on flank unless in a wriring signed by an oath«ized flank offipr, and then only to Me eztertt specifically set torts Herein.
Presentrsant, dtrrtand, protest end .notice of dishonor, are hereby vveived by each and ovary Obligor, The taking of a renewal noq without the sprsatlnre of soy
maker « endorser liable on this note shall not be deemed a peymertt «dacharge bf this obliption end tM liability seated Mreunder shsN continue until His
note is paid in full. The Obligors, jointly end severally, promitt end agree to pay ell costs of collection, including attorneys fees peal to 10% of tM srrtasnc
financed, « such Ixger amounts as may be reasonable end just if collected by tegN proceedings or ough an attorney at live, ' ir+? appN4te prooeedtrsgt
The undersigned edge reoeipc of s
cdontpl ed ofttlsa note on this dsq.
A.~ •
Address 1142 S. E. 8th St. , Okeechobee, Fla. ~ lsEAu
C Jr ~,r_
Address - .T-r~,/ ~ ~ .,jll~~L ISEAU
Martha Ann Pitts ,
. t
. - - ~.Pse~a _ .