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' DISCLOSURE NOTE FOR INSTALLMENT LOANS
• 1~~ ~ ~1< IA1 Amount Received ~=a~@+~
SANK NAME 181 Premium for Credit +a
Life/Disability Ins. S
1!~ ~~~~g Sjr~ (C) Oocuments.y Starry S is-u .
OF ICE AOORtE55 101 Other Charges (itemize) i
fEl S ~
NOTE NO. DATED: ~ , 19.~... (F) S .A.
i ~ lCJ At:tauat Financed ~~•is .
DUE• *T-
~ , , 1g~. lA, B, C, O, E, F) Sue .
IHI Interest S '
PLACE• ~ ' ' J~tfift0 Itfitf~ ,FLORIDA 111 Credit Investigation S
- IJI other • S
For valve received, the undersigned (hereinafter callcd "Maker"1 jointly and severally lit IKI S
more than.atti) promise.to pay to the Order Of the Bank, at its office listed above, the Total
of Payments (from lNl et right) os~s=~•~ Dolbrs payable in lLl S - ;
equal monii, rrt;lellrrtents of S ~a~ ,the first lMl FINANCE CHARGE
h r~ (H, 1, J, K, L) S ~s~0• ~ •
,nstallment•due on' -1- , 19_.ei ,and wbsequent installments due on
INl Total of Payments IG + M) ~j=u•~ ~ . .
the~_dsy Ot eacA, rrwrtth thereafter, together with a FINAL BALLOON PAYMENT OF: ANNUAL PERCENTAGE RATE ~~K. ~ '
5 OUE , 19 _ •
The Bank•shall imposs a delinquency charge against the Maker on any payment which has become due and remains in default for a period in excess Qf ~1~ '
days in an amount tjquaf to 5x of the amount of the principal part of the payment in default. In the event that Me Note is not paid in full at maturity, all pay-
ments, whether-prindpal~ interest or otherwise, shall bear interest st tM maximum legal rate allowed under the law. All payments made hereunder shall be
credited first :to interest and then to principal, however, in the event of default, the Bank may, in its sole discretion, apply any payment to interest, principaF
and/or laWfttlcftsrgie then at:crtred. It is the intention of the parties hereto that the provisions heryrin shall not provide directly or indirectly for the psytnent
of a greater :rare. of Interest or the retention of any other charge than is allowed by law. If, for any reason, interest in excess of such legal rate or s dtsrgt pro-
hibited by leyvlliall Hang time be paid, any such excess shall either constitute and be treated a a payment on the prirtdpal or be refu~ied di.cLa t=' dt:
Maker. The liiteher may prepay the entire unpaid balance of the loan at any time. If the loan is prepaid in full, accelerated or refinanced, the Maker shall receive
a refund of:•tiiQ unearned per iion of-the interest and irKUrance premiums computed by the Rule of 78's method, except that the Bank shall be entitled to retain-=-
a minimum interest charge of 15.00. -
CREDIT UFE AND CREDIT LIFE & DISABILITY INSURANCE ARE VOLUNTARY AND NOT REQUIRED FOR CREDIT. Suds iawranaeooverageie
available at the otnt designated below for the term of the uedit: lal _ •a for Gedit life Insurance Ib) S ~ -
for Credit ttL--itfe ~ O;lability Insurance:
Check rte Credit Life Insurance is desired on Me life of B'wthdate
Appl. but Cred'It Lite a Disability Insurance is desired on ~ Birthdate •
Box we>rl Credit Ufe and/or Disability Insurance is no aired. -
Date• ~t ~a it~ Signatur~ ~-+'~~.~~a ~ .~~if~_Signature x _
AFTERACOUIRED?RONERTYIMILLtESUOJECTTOTHESECURITYINTERESTANOOTHERORFUTUREINOEBTEDNESS~SECUREDBYJ111YSOCHFROPERTY,,ASFOLLOIIS---
Maker hereby grants to Bank s security interest in the property, if any, described in the space below and in all other property of Maker now or hereafter iri ~ _
Bank's possession, and such security interest shall also severe all other liabilities of Maker to Bank, whether primary, secondary, direct or contingent, present
or future. The aforesaid security interest excludes the Makers primary residence unless said primary residence is described below. _ •
Lot •1! .s .Yl1NlUL1s err 0!f St. LUCI>d, riC., ti.~ is sa3ii •
' ~~`'r3 ~ ss
1liTl a.o.a+~ N.t.ar lbw, a.oeil •sslils7lii •
. L~~~06 FILED ANO R~ CG6UED
• ST.LUCIE Cf~UNTYY.fIA.
f~~yrRc~O~~G~tcEr~~'R~QpPCIITRAS -
If the Bank require the Maker to obtain insurance coverage against loss or damage to the collateral securing the Makers intfeb~tlhESt'~~t&~Tc, th Maker •
may obtain such coverage from any agent, broker or inwror acceptable to the Bank. RECGRD ~'ERIFIEtt
It is jointly and severally covenanted and agreed with the Bank by each Maker, endorser, surety, guarantor, and other party to this not a o w om are
hereinafter for brevity called Obligor or Obligors) that:
Bank shall exercise reasonable care in the custody and preservation of the Collateral and shall be deemed to have exercised reasonable care if it takes such
action for that purpose as Maker shall reasonably request in writing, but no omission to con?pIY with any request of Maker shall of itself be deemed a failure to•
exercise reasonable care. Without limiting the generality of the foregoing, the Bank shall have no responsibility for ascertaining any maturities, calls, conver-
s~on, exchanges, offers, tenders or similar mattdrs relating to any of the Collateral, nor for informing the undersigned with respect to any thereof. Bank shall not
be bound to take any steps necessary to preserve any rights in the Collateral against prior parties, and Maker shall take all necessary steps for wch purposes. Bank
or its nominee need not collect interest on or principal of any Collateral or give any notice with respect to it. Right is hereby expressly granted to the Bank at its
option to tnrtsfer at any time to itself or to its nominee any Collateral and to receive the income thereon and hold same as security herefor, or apply it on the
principal or interest due hereon or due on any liability secured hereby.
Upon the happening of any of the following events, each of which shall constitute a default hereunder, or if the Bank deems itself insecure, the entire unpaid
balance of this note and a{I other liabilitie of each Maker to Bank shall thereupon or thereafter, at the option of Bank, without notice or demand, become imme-
diately due and payable: (a) failure of any Obligor to perform any agreement hereunder or to pay in full, when due, any liability whatsoever to Bank or any in-
stalment tbereof or interest thereon; Ibl the death of any Obligor; (c1 the filing of any petition under the Bankruptcy Act, or any similar federal or state statute,
by or against any Obligor: (dl an application.for the appointment of a receiver for, the making of a general assignment for the benefit of creditors by, or the
insolvency of any Obligor; (el the entry of a judgment against any Obligor; (f) the issuing of any attachments or garnishment, or the tiling of any lien, against
any property of any Obligor; Igl the taking of possession of any wbstantial part of the property of any Obligor at the instance of any governmental authority;
Ihl the dissolution, merger, consolidation, or reorganization of any Obligor; lil the determination by Bank that a material adverse change has occurred in the
financial condition of arty Obligor from the conditions set forth in the most recent financial statement of such Obligor heretofore furnished to Bank, or from •
the condition of such Obligor as heretofore most recently disclosed to Bank in any manner; or that any warranty, representation, certificate, or statement of any
Obligor (whether contained in this note or not) pertaining to or in connection with this note or the loan evidenced by this note is not true; Ijl the assignment by
any Maker of any equity in any of the Collateral without the written consent of Bank; Ikl failure to do all things necessary to preserve and maintain the value
and collectibitity of the Collateral, including, but not limited to, the payment of taxes and premiums on policies of insurance on the due date without benefit of
the grace period. •
Unless the Collateral is perishable or threatens to decline speedily in value or is of a type customarily sold on a recognized market, Bank will give Maker rea-
scnable notice of the time and place of any public sale thereof or of the time after vrhich a pritrate sale will be held. The requirement of reasonable notice shall
be met if such notice is mailed, postage prepaid, to any Maker at the address given below or at any other address shown on the records of the Bank, at least ten
days before the time of the sale. Upon disposition of any Collateral after the occurrence of any default hereunder, Obligors shall be and remain liable for any
s def iciertcy; artd Bank shall account to Maker for any wrplus, but Bank shall have the right to apply all or any part of such wrplus (or to hold the same as a
reserve) against any and all other liabilities of each or any Maker to Bank.
Bank shall have, but shall not be limited to, the following rights, each of which may be exercised at any time whether or not this note is due: lal to pledge
o+ transfer this note and the Collateral, whereupon Bank shall be relieved of all duties and responsibilities hereunder and relieved from any and alt liability with
respect to any Cdlateral so pledged or transferred, and any pledgee or transferee shall for all purposes stand in the place of Bank hereunder and have all the
rights to Bank hereunder; Ibl to transfer the whole or any part of the Collateral into the name of itself or its nominee; Icl to notify the Obligors on any Cdlat-
eral to make payment to Bank of any amounts due or to become due thereon; Idl to demand, sue for, collect, or make any compromise or settlement it deems
desirable with reference to the Collateral; and lel to take possession or control of any proceeds of Collateral.
No delay or omission on the part of Bank in exercising any rght hereunder shalt operate as a waiver of such right or of any otl?er right under this note. No
waiver or alteration shall be binding on Bank unless, in a writing signed by an authorized Bank officer, and then only to the extent specifically set forth therein.
Presentment, demand, protest and notice of dishonor, are hereby vraived by each and every Obligor. The taking of a renewal note without the signature of any
maker or endorser liable on this note shall not be deemed a payment or discharge of this obligation and the liability ueated hereunder shall continue until this
note is paid in full. The Obligors, jointly and severally, promise artd agree to pay all costs of collection, including attorneys' fees equal to WOK of the amount
financed, or such larger amounts as may be reasonable and just if collected by legal proceedings or through an attorney at law, including appellate proceedings.
The undersigned acknowledge receipt of a completed copy of this note on this date. 1
Address ~ A~•, ~~N~l~e - • (SEAL)
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Address ~ (SEAL) r
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