HomeMy WebLinkAbout0139 t~ ;,rq; - _=tF_ r.q;~, -..ti..>a' .:c,w .ar R~iI'~• T'k~_ ^ .p~a.ea- era:-fir ,r~:;.~.p,;..;~~..x,:r..~ ,~y ~ .~.~.ry' :,e_ ~ ..fix . ~,.,oz
~ : A 111~TALLMENT PAOM18i~0AY NQ76
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. ' , TURTLE= BEEF ASSOCIATES, IFI-C: * . _ ~ - ..IAi~ ~l±ttvunt R~oeiwd ~..~a~~>t~:~. - _
iI!! ~Pr'aet~ium to Credit ~ _ . ,
::1e ~ q.'~eauc~r: ~~arid~33457 ~ _ ~ _ f:Na/f~iN!bNh1f lea. ~ _ Wane .
' 1tb ~ SaeePa . ~ _ (1011
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. -none . ,
' • ~ ~ - is otst.r f,~tartfn~ liattthtd . i
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. Naxs ~fo • `or~TEa ~ . ; ti~~ :1~1 ~ - s~ ~ none
• ' If3! ~lfttpwtt fteettoed - '~=Q
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1.1?CL• - - - t=lQSiiall. "t11 ftw~eti~ation i........
Fa wMw !t?afiv.d. t1t~ wtdertgrted (hereietaftsr cMNd."Msker"i loi•ity sod Mtletaill? lil ~ ' ~ -
- ator that onto. ftromitt-to fK1!. to oedet d tM Bunk, ~ i~ dfits ilttad abovfl. th~Totni ~ ~ Ifd ~ _ ~ _i
of h+Rytix~a ifroai tN! at.ri~ltt! d - _ ppi~s phgb~ ~ „,R (L~ ~ - _ - -
~tant~Ar ~giUttlrta of = 7 - : rtia ti,uu ` -1M! f1N~AN~E Gi1ARA~ 5 3E9.20 , ,
IH 1, K. t1 ' i ...t
trt~iNaenc. dye oa _ ~ ,19:.13. sod sltblegttptt i~tmaettt due on
• iN! Toai d• Wrenn tti + #AI .i~ ~Q,,.....,,.
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u»;;_aw of tf~ u,.nfar,,~oxunt ww+ ~ fi_f~u?}_a~?~~oo~I P~Y.~iw~ ow. - . AIW~1t~?L RCENYAA~~RAtE 2
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Tf+e ~ tMl1;~+Poaa- s dNiagtNncY charge eo.ir~t the .~Asinr os+ eny pn?~ whidt hM beooraa, dUe end. nrneitts is defauk for a pariad is exgw d,10
dayi in fe+ ems, aowt to 6!L of the amount of the ptirtcipal pert of tM peyatertt. in detsuh. In the event that t1te, dote rs not paid in ftdf ifs mstleritY. aN PMI- .
;-whethir ~rtripN. inert or otlMrwite. MwrN be.r iavrNt.t dte tn~tinwKtbpM raEesibwnit tinder eha Itwr~of diet of flaidr."1W Pi?Ytysde.:.~.>
,hecwrtdrr shelf: ba e~editMf-first- to'iR4?Kt_alid Meb ~.OtMKIpM. ftoawwr~-ie tM ewrrtt of default. the Beak racy: in its~aoie dita[atioa:lOMr ~Y,O!Iftrteat to
- fiatar~•~rk~af-i~o~--diiPDa-sh.~i sOtrwd.-its tM-Ie:~etiodaEthc ~actiet~/-!l+il iltC prO+tFrions l~rli~tfntl got A~oYWl-di¢.et4i-#if f~li[dthe
. ptsytnMtf 4t• greets nts of ince[est'or Nte renntioei of soy otht+t.t~arge thin-i: sly by Istw. lf, ip? am? reason: inar}st Nt ~xpN af~e~ !refit rag or
s lxii~db~ted bar lsw sMa ai aril tNite bs p~ti¢. any !u¢~ f1Wt etd+sr-~r~ttrh arttl be tre.Mti ss a pllfMtait o_n tl_te pritieipM or rttgnd~d dir~th?
:~'he ~alt~t may P!'epaY the etttiee unltald bManoe of the IWn st arw tittta. if rite loan N prepaid in fHli: atroNented or :r?finenoed, the Maker shah iaaiw a
refund of .the wteerttkd port . of itltKes<-acrd. ma+rlnoa W+m~ tad by rite R~_
0~78's tr»tho0, eaca~t Mat tM flank tlfaN pe entitMil tp r~q&t
tar - - _ - -
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~i _ ~~~~~L1.FF;~IND,CREQIT. ~.IEE A_Ei18A41~ITY tNSIMANCE ARE`vO~UNTN3Y ANO.,NQT_REQUIR~D FOR CREOtT. $udi inwraitgt.oorta'aya.b
'~{te` swit!blo:*l1lM_40it dedhMtld bNow lot. tbt tam of tfN indict 11~ 9 - - ' f/x audit li[. inaxate.lb) ~ ~ : "
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for-CrMftt Zile di t~aebettY [nlu?awa: = : , . ; . ` - _ - -
Chdc---=(~ Ir`ratfit'i.tb i _ on the >jt. - _ _ -
eox D~c:dit ul. a oisaaiuey irtsu.aetca & dnind on ~ -
- - _ 8irthdaa ~ - -
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-credit Lite and/or Oipbiiiry" Inwrattoe s not dadnd - ~ ~ "
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oata: " ~ August X14, 1971 _ . _ _ _ _ .
- - - man .
n~ urt e`. coed
t~I;~ t
e
orb 1. t ~.~o
~~5~ ~~`~n t~ and n . ~ o: ~ - -
_ _ _
f1E` er sa flq .
j irteludirt~ ati ittereaas, substitutions, rptsoartenq, additions and acroscioits thereto-and in the poaeds thereof Ihee~ntter eNl.d'•Collearaf"1:ThiiaawtitY
intentc >ftMl abo darns-any odter ittdebttdnps or igbility of tfte Maker tQ the, e«tk director atdiract, alyduta «cattirtaeM, due ar to.beoogn dw, nQw ax-
istiny os henittsfr_ritirg, iRdudifg all future sd~~teN oa loans by the Bank to rite Make.. - ~ ~ - . _
r.
Tlia Bank al.o fii~+ri a lied and"~ saarrity-.iniereat in all propKtY and securities ofthe Mslux, ertdoreer, surety, quarsntoror acaorrwnodation prrriy of this
Note therainaftw nfsrred to as-tiu "Obiipors'7, stow in or at any time itareafw eomino into rite corttroi, gtsipdy or po~ssion of that Bank. wltathlf to tM etc
pressed purport d beirto tgaQ by tM Rank is CoUat.rsl, Or for day otlNr purpoN, and upon. a7ti/ balanoa or balartoss to the alit d any aoooK+tn,: ietckdiap
trust end. sgeetey socouna maintairtad vrithtlie BMik by arty Qe the Oblioors; and the Obiipors aYrea to deliver to rite 8aedc sdWtiatN Cofi.cerai:or tttake eticlt .
psymMtts in redrietioet of. tM principal aatount of the loan st shell be satiasctory to sir flank. in the eyeetc the afo+tenyntiatad C~cllaaral dial) dedini iA vahra
o< bacortta umatisfactory to tfN Bank. -
-/idelitions to, reductions or exdtartges of. or subatitutiorts for tM Collateral, pzymerta on account d tltis ktan w- incresws of the sate. or other loans rtteda -
peniatfy• Or.wholly upon -zM Collateral, may from tirtte to time be made without afhietietp the pfotr'tsiats of this Note. The Bsaksltstl exetass raawtaWe tsra in : f
the etgtodY and Pnea?tration d the Collateral tQ tfN exarte required by sppficabte statute, and shall bi deemed to have atceecised reasoetabia qre if it salted stre+ _
sctian fa that purpoaa as Maker sha11 reasgetabfy ragwst is writit>d. but no orttitsion ~ do aai? set not nquaslad by taker ahaN ba iaamad a fallen eo enerpra
reasonabM pre. and rto otrtission to c~omPh with anK tsgtrest of Maker sitNi of itself be dtt.rtted • failtles' to etarcise rnsoneble ark #l;ertk shall not ba bound to_
taka.anY 4teps neoasry to p?Marve MMC ri~a iA tM Collateral a0aint prior ppti~s and~Aehar sfiali take afl ttaopaary saps for such fiurpoies.`fis Bank Or its
rtornittee;tteed notpolbet inspect on, or'a prtneipal of, any Collawal Orsii•!f+ any rtotioa,widt rNpegt t0 it. ` . - - . ~ -
Ths Bank -malt Wrttiettre to hold any CoNsarsl deposiad herettetder afar tM peyraMlt d this Nob, if st the tirtte d t1N psyarrtt and dadtsroa hared any d
tits partial. liable-for rite payntant hared shW ba titan direetty a oontirtoattly IisbN td the Blf?k ae Maker, artdorMr, wretY, 9uarsntor of aoooatatodatloe+Pdrty .
d-day ostler etottt, draft, biN d axdwtpa, or ocitar instryatent, a otherwise, and .eha.8ank raal? dterasitsr-eratraMt ell rpha with respect to raid CoWtaral.
~rartad iterNn await thouDlt thk Woe sha11 haw bsten swnetdaed to ilia Malty. - - - ,
If -tM Bank deprta itself irneettre or upon the heypankq of say. d the idlovrino ewxtts, eMdt d which shall oonaituta a default, all liabpitia d each Maker t0-
- the bank; ietdvdirt0 tfte anon unpaid prirtcipel d this f~lota and ticuwd interest. less day unearned inane dad stiy intsrat M execs d tM eriatcirtttrtn allawd
try Isw. acrd day rebate racwired ,W few, shell imtaediealy or Ntaraatter. n tfte option of dte Bank. eruaspt that tM ooctrrraetoe d Iel o?1d) shall sauae.aymrttet-
ic aocelastion;without notip or deawd, beCOrrie dw and payabN: lei tfta feNwa d sett' ObliYnr >b Perfomt any oblioetion, tiabitiq a daint so the Bel:' , m pall
inarett heron vvithin`10deys after k i• dud, or H there is no dw deu, after h is bi1Nd or odtervviaa nquesad ar darrwtefnd, onto pet' day other tisbility what. - -
soewx~to the Bank wMn dW: ibi else dswtlt d any ietditridwt obiga, tits dissolution d any.perbtenttip.pbeiga.or chi aiwoiution, erteryararaomoiiationwuit- -
out rite Bank;t prior. vurktset eoeaeett d any oorpOrstt Obliya; Id tM fNin! d s petieion in bankruptcy cr tfte aditrdiation of irtsotwaney or banlcrtipkY wider ,
ent? ieoroerwstiat: arrert0aretaM, t of debt. dpsoftrtion, iiqukfatioa ar sirttiler proopdieto trndsr .a»1r FedarM or stag: statue, b1t or paietst arty:.;-
Obli9or: fd!- an appiiation for the eppoinaeteat d a taoaiver !p, or tM ertakieg d a flanarsi aatpeuttertt tot the Is.etefit`ot eredltors bfl, any ObliPOr let the eavY ;
o+ ludPetMt spanec +tnr ObHBOr; ts! thr iastrilt0 d «w tttadtateeit a garrtlsitrrtertt, or thfl filirt0 of af+y (ten, eOeYtst.nY txopeny of any Obiipr; ai tA. teats o~;
possession d any etrbetartdsf pert d the property d nw Oblga atatia tttatena d.aew govermtenW authority; iN the determioetion by Me fleck thtt a tetatatF
N sdvsrse 4hanOe has Occurred in the firtertdal wMitioa d day Oblgor from Ilse eoetditiotts set forth in tiN mac rsoant,fataneW aassaMat d tttdt ObliPor _
hereto/ore tttrnafted to tM Bank, a hom tM cotdition d tydt Obdoor se heratofon mod reatrdY disdwed to tfte Bank, or that say wkrrMtty, rePrtioei,.
prtifieati o? staaatsnt d any.Oblipr ItMtedtK oontaiaad b this dots or not) P~rtainieiY to of in ooeetection wilt this fiOle o? tfte loco eride+tcad by this Moen
concaiets ea urttrtre stetarttsnt d rttateriN fact a omits. t0 tuaq:rrtltariet fact rtecatary is order to teteks. sir asitantents eradn eNts misleetfie~; a~ lil pct-aver -
menCby ally lilekar d arty equity is soy d tM CoftsherN...w_ithot4i tlt4pnor rviitten eortsent ~ the.flank. _ - -
TM Berik shah hew, but she11 not !te firetitad td, rite taHowit?p ri~tts, eedtaf which dry b e~tereind et «tir tint. ttilwtlter or not this Note i. titre: {il. to
pMds~ or treetefer this Noai dad ttte Collanral ~d the Baetk shah dtrratrpwt ba reliesed d aN dtrtiM and eslpon:ibiikies twreuetdargrid rMlevad from day and eH •
. IiabYity with respect to any CoiMani ao pNdaed'Or veetaferred, and arty pled0ae or aaadKeewheN .far aW purposes eaetd in tM psoe d tM Batik Itarauttdsr and
rise aN dtr ridtts d the Bank Mrwrtdar; (ill to tnttdar the whole or any pen. d dr tbfiafani info tbs etnise d itself or ire rtotairtae: tint to,ro4a tM CoMagrd: .
---~a~t!otNy ib~ Ifblido~rroFan~r
t~ofistwaF-to in.~c~ >orlrie-HntTro~-arty-anfoua~bi-d~~.-ta~ieo-isle=dii~~-ta ~aae,-~Me~~-
m.k. aty? «t~p~~ ass
used` mere` ~ri innbieeans t u~'~r~e'°~ee ssoi~a~es
; `~n`~°~`a
~'~t~"s assl#p~°
s :a` °oN"~`tl..
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aOTICfE: SEE OTHER SIDE FOR 1MPORTANf,INFORMATION .
Fes Asa at?. 7qY