HomeMy WebLinkAbout1804 _ +ts; tra?eA•er-•t*-is•rlar./s-srrya~'rlt »Iil,~lllaaa~liT~'=•,ilt"~"~lt~'
l' ~"`.T.....}t+ett?
• • • • • • • • a . • • a • •y r''" " .~h~i•.~ •t• ~ e
• •'~.1 . _itl.~ I~i~il{~!ji w 11l r' ri.~ t~f ^l~t .;-.1j~~
•1~1 : =-•~~1: •'ti.~.•l11_, ~tll.s-''•: .
DISCLOSURE NOTE FOR INSTALLMENT LOANS ~ 'l - • = .
_ First National Bank of Fort Pierce ~ - - • ' ~ tAl'Arraunt Received s_7_ 000.00
• NwMf: _ Iq f4anithm fa Credit
. LiN~obebility Ihta. s 7 95
P.O. Box 970, Fort Pierce, Fla. 33450 Ice ooatttt.Rtw starroa s 11.
. rC A a - l01 OtMr Chrgaa Iitemisel s114~~~
t 12, _ ~ IE? =none
NdTE NO. OATEa ?~ep • .._..__-.10 79 IA tnOnf!
• IGI Arewunt Financed - _
ouE• Sept. 12. - . < -.1Y~ 85 ~ 1A. 0. C. o. E f1 ~~i~l'~~
. - . _ 1111 InNrest _ , •
Pt.ACE: Fort -Pierce - - - ~ , FLORIDA 111 Loatt Fee - i 3Qe
ul other =none
For value reaiwd,.tM wtderspnd lltareinaftar trlNd "Makar•'1 iointfy and eanaaMy.lif IKI ~ = nOriA
more than one! Promise to PaY to tfte order d tM Benlt, at its olfip IbMd above. the Total
of Payhnata Itratt IN1 at rightl of $11.509.92 o~ay~y ~ 72 IU s none
wual htwnehty iitstalMrtartts d s 8 , . ,the first IMI FINANCE CHARGE
instNlmMt dw on 12 • (H, 1, K, LI _ 3 , 980.57
• • and wb'p'»'tt i't~l"'a"a d"a INI Toth of Piyrewta IG' Ml i 11, 509.9?
th12 day d each month chaaatsr; toaatMr wink a FINAL, BALLOON PAYMENT OF: ANNUAL PERCENTAGE RATE 15.16 %
s none ~ ouE none ~ , fs • .
The Brtk shMl irtlpoN • dNirtgwncy charge agaletst tM Maker on any payment which has baoorete clue and rerrtaina in default fa a period in axoeN d .10
days in an sretotrtt equal m 5!i d tfte payrttent M dMauft. In tM avant that Ufa Noa b not tad in full at maturity, all payretertts, wMther principal. interest or
oNtehwisa, shall beer intarett at file retaxirttwn IpM rata albwed under the law. All paymanq made hrewtder shall ba vaditad fkst to interest and then co
principal, however, M tM avert d default. the Barth may. iA its aoN discretion. apply arty payment to interest, principal and/or lawful c~'flw than aeaud.
It is tM intrtt3on d tfte parties hereto` that file provlsiotta herein sltaN not provide dimly or Mtdirectly for the paymrtt d a grwtar raa of itttahast a the
retention of arty other charge than b aNowad by law. K, for any twee, Nterest in axusa d such ktEal nN or • dtarga P?ohtbitad by 4nr shah at anti tints be -
paid, any such ertow shalt eitlte? oonstitula and be traalad as a paytnrtt on tits principal or ba reftntded directly to tlta Maker. TM MakN may prepay file en-
tiro unpaid balartoa d the loan at any tints. If the fort N prepaid M full, soeMaratad or refirtartoed, the Maker MNII receive a refund of tits trrtearrtad portion of
the interest and irtatirartoa Wsrrtitrhrts eornpttbd by 11N Rule of 78's madtod, except that tM Bank shall ba entitNd to retain a minirewm Mterat clangs d>i1 Ea.
CREDIT LIFE ANO CREDIT LIFE 8 D18ABILITY INSURANCE ARE VOLUNTARY ANO NOT REQUIRED FOR CREDIT. Such inwranp oowape b
sveibbb at the oat daaiptatad bakrw for tfte term of the vadit: ls1 i 517 _ 9 5 • - fa tradit Lib Insurrtoe Ib1 S •
for Credit Lib f! ObabiNq Jnstrrarroa: ~ _ - - . - - = ~ -
Chadc Oredit Life Irourana b desired on th.lifed jame8 S. MOrlce •Binl,daa 10-6-32
Appl. ? Credi! Lib 8 Orsability Inwranoa b on Birthdau .
Box ? predit Lib and/or Obabitity Irrtsrance not
Qite: Sept. 12, 1979 ~tatur, signature
AFTERACnIMREOftItOrERTywILIEE=Uf11ECTT0 ECORIT111MTEREtTANOfITMERORiYTYREINOEETEONESt1ltECUREONYABYSUCRfROrEfITY,ASFOIIOSfS
Maker hereby grahtts to Bank a security interest in /M property. it any. desurbed in tits space below and in ell other property of Maker now or haeatter in
Bank's possessions, and such »turity interest shall also secure all other liabilities of Maker to Bank, tMtether primary, secondary, direct or COntirtpent, Present
or future. The aforesaid sawrity interest excludes 1M Makers primary residence unless said prirewy raidehtee b described below.
Second Mortgage: The South 70 feet of Lot 1, Tract 128, Resubdivision of Blocks 113,114,127
and 128 of Garden City Farms, as per Plat thereof on Ells in Plat-Book 8, page 3, of the Public
Records of St. Lucie County, Florida
Ii the Bank requires tM Maker to obtain inwrarta oowrspe against bw or dantsge to the colbteral sehxrring the Makrxs indebtedness to the Bank, the Maksr
may obtain such coverage irom arty spent, broker a ihtwror stxaptsbte to tM Bank.
~ It is jointly and severally hxrvenantad and spread wilt fire Bsnk by aehdt Maker, endorser, wrety, gwrantor, and other party to fhb note lsll of whom are
I hereinafter for brwiq piled Obligor or Obliporsl that:
Bank shall exarebe rassonabb sere in ttte hxtstody and preservation of tits Collateral and shall be deemed to haw exercised ressonsble qra if it takes wch
action for that purpose ss Maker shall reasonably request in writing, but no omission to eomPb with any request of Mskar sM11 of itself be deemed a fsiltm to
extreise reatortebla care. Without limiting the gartarality of dte forepoirg, the Bank shall have no rpportsibility for asoawining arty maturities, ells, txrrtvea
! sion, exdtartgea, offers, tpsdars or similar matdrs refatirg to arty of file Colbtersl, nor for iintorretirg tM wtdasigrtad with respect to arty thereof. Bank shall not
I be bound to take arty steps necessary to Pry any ?i~tts in the Collatara) against prior partial, and Maker shall take all nacassary steps for sudt purpoNS. Bank
{ or its nominee need not Collect interact on or prineipM d say Cdlataral or tiive any htotioe wilt aspect m it. Right b hereby expressly granted to the Bsnk at its
f option to trsnshr at any time to igNf or to its nominee rty Collateral sad to ?aoeive tM irtoorna thereon and hold same ss sawrity haretor, or apply it on the
principal or Intelsat dw hereon or dw on say liability scorned hereby.
Upon tits happanirg of any of the folktwing ewna, eeclt of which shalt eontstitute a default itareunder, or it tM Bank daarets itself insecure, tM entire unpaid
t>alanee of fhb nob sad all other liabilities d each Maker to Bank shah tharetrpon Or thereafter, st tits option of Bank, without notiot or deretsnd, baoarte itrtrtt?
diately dw and peyabN: lal ist~urt: of any Obligor m perform any agreartant Mreurtder a m pay in full, wMn dw, any liability whstsoavar to Bsnk or any in-
stalment thereof or interest thereon; lbl the death of arty Obligor; Iel tfte Rlirg of arty petition undo the Bankruptcy Act, or arty similar federal or stag statute,
by or spairtst try Obligor (dl an application for file appointhttMt of a receiver for, tM retaking of a ganard assignhrtent for the benefit of Mors by, or the
irnolveney of say Obligor, ie1 tM entry d a jtrdghrMnt sgairat any Oblige; lf1 iM issuing d say attachretanb or ganisltntent, or the filing of any lien, against
any property of any Obligor; lp1 file taking of possassiort of any substantial pan of ttta property of any obligor at the irtstanoe of any gowmmatd authority:
lh} the dissolution, merger. consolidation, or reorganization of any Obligor; ii1 Lfte determirtatkxt by Bank that s material sdwrse change has ocarrred in the
financial condition of arty Obligor from tM eonditiohts set forth in tM oral reaM finrtcial statement d such Obligor Mntofore turnishad to Bank, or from
the condition of welt Obligor as heretofore retost repntly d'adosed to Bank in any manner: or that any warranty. rapresengtion, rxrtificate, or statement of any
Obligor iwltethw oontairtad in this note or not) patainirg to a in eonrteetion with this nos or tM kran avidanced by this nos is not trw: (1) tM assigrtrnent by
any Maker of arty equity in arty of tM Cdlatersl without die written consent of Bank; Ik1 failure to do all things necessary to preserve and maintain the valor
and cdlectibility of tfte Collateral, inNtdirg, but not limited to, tM payment d taxes and premiums ore pdiaes of insursna on the dw dace without benefit of
the grsq period.
Unloss the Collateral is perishable or threacohts to decline speedily in valor or b of a typs txrstorewih sold on s recognized ntsrket, Bank will give Maker raa•
sonable notiq of file time end plea of any public sale titareof or-ot tM tittle of tar which s priwa saN vriN be held. The requtrernent of reasonable htotioe shall
be rrtet if sutdt notice is mailed, postage prepaid, to any Halter at tM sddhaw givart bektw a st any other address shown on the records of tM Bank, at least ten
days before tM tints of tiie sale. Upon dbposition of srry Collsterel after the oaurrenee of any default haraundtr, Obligors shall ba and remain liable to. srry
detieiehtcy; and Bsnk shall sreouhrt to MskN for arty surplus, but Bank rhs11 Rave the right to apply aN or any part of sudt wrplus for to hold the tame ss a
reserve) against arty and all other liabilities of each or any Maker to Bank.
Bank shah haw, but shall not be limited to, the tolk~wirg rights, each of which may be exerhdssd at any time vrltathar a not this note is dw: la1 to Pledge
or transfer fhb note and the Collateral, whereupon Bank shall be rNieved of all duties std rpponsibilitias herwndar and relieved front arty and all liability with
resph!ct t0 arty Collateral so pledged or trshtsbrred, end arty Pledgee or trshtsfarae shall for all purposes stand in tiN Pbee of Bsnk hereunder and haw all tfte
rights to Bank hereunder; lbl to transfer the whole or arty pan of the Collateral into the rattle of itself or its rwmirtee; lc1 to notify the Oblipo?s on any Cdlat- ,
oral to make payment to Balk of any amounts dw or to baoarte dw thereon; ldl to demand, sw tor, collect, or make any compromise or settlement it deems
desirable with reference to the ColgterM; and lei to take poesessiort or control of any proeads of CNlaterel.
No delay a omission on tM part of Bank in exercising srey right herewder shall operate as a waiver d such right a of any other right undo this note. No
waiver or alteration shah be binding on Bank unless in a writing sighted by sn authorized Bank oftipr, and than only to the extent spacificsUy set forth therein.
Presentmehtt, dehttand, protest and notice of dbhonor, are herby waived by each and ovary Obligor- The taking of a rantwel nos without the signature of arty
maker or endorser liable on fhb note shah not be deentad a payment or discharge of fhb obligation and tlta liability hxeated hereunder shall oontinw until this
note is paid in full. TM Obligors, jointly and swarslly, promise and agree to pay all costs of collection, including attorneys' rtes equal to 10% of the amount
f~nartced, or such larger amounts as may be reasonable and lust if collected by legal prooeedihtgs a thrwgh sn attorney at Isw, ineltrdihtg appellate proceedings. '
The u nowledpe receipt a oorrtplated copy of this note on this dace. FF
1~
Address 2602 Ave• R, Ft. Pierce, Fla. 33450 IsEAI)
a t •
Address ~"'r (SEAR
Ida ere Morice t p~~
B00K J~s PACE~Oll4