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- DISCLOSURE NOTE FOR INSTALLMENT LOANS= _
- Furst National Bank of Fort Pierce " _ ~i,?i_Amowst - : ~s 1500.00 _
---si:~ANKNAMt, s. --11i':lls•- IBI prr/tswm/orCredit it:'_' -"~7:10:.t '`~1•.-
r- ~ -~zil-= 111--- - --Uh/Daability IeM; - - ~'-l
~ =P•:0.=~6ox 970, Fort~Mer'ce,- Fla-:=.33450 - _ s '
tan tama_ -
_ _ Q~fIC A RE _ - _ - - • --•~~t_ IDI-OtlserChargsllternizel ~-s ' ~ •4
NoT IVO. ~ _ - - October =9~-•~• :.•._79 - - . _ _ w -
- _ - ei~' - ,r;'-_•~r,•--•,•.• =•,1; eGl. Amount Finance - ~ 1559.50 r•:
- - - Aari l 8, - - ~~s 81 - ~ tA, B. c. o. e, FI - - s
DUE: _ - - =-T$b-T~-..=_,'
v Fort Pierce i.=-. ~?~=.lit•_ . =!V =.R=WRIQA _ i.:~ .:;.1_.'= `25.00 'i- li
tACE: (1 ~Op ~ -
rsdertigrsad (hereinafter esilbd "1Maker") jointly and sve?iN11 lit-• IA Oth.r - - - _ -0• - =
For wlw npiwd, tM u - - - - -
mo.e tlsan one) p?onsise to fast to the order of tM Bank. at iq office listed above, Use Total IKI• - _ - .i
of Payments (from INI at right) of 1770.6 - OolwspaYabb in . IU - - S - -
equal monthly ieeatsllmanri of t9g- ~7---•-----------------•--. IMI FINANCE CHARGE - ~ ' • ' '
Nee f fret (M, 1. J. K. L) - ' = 211.16 -
rnaWlment dw on NOV - 9 ~ .19.x_, and wbepuent insWtmenri dw on _ INI Total of ftaymersri IG + M! S 1770.66 ~ •
the~hday of each nsonth tMraattar, togeH+er wiM a FINAL BALLOON PAYMENT OF: ANNUAL PERCENTAGE RATE 16.47 X =
s n/a Due - - >IS
TM Bank shsM inpos. a dNitsgwrscy dsrr9e agaitsat tM Maker on any payment which hes betxrnee dw and remwns in default for a period in exgs of 1•
days in sn ansourn peal to ~ of tM payment in default. In tM event that tM Note it not paid in full at neatwity, alt paymenri, wMther principal, interst or. -
otharwite, shall beer interest at tM rtsaxinsslrlt lapel rate allowed wader tM law. All paymenri made he»under shall ba aeditad first to interest and tlsen to
prirsdpal, however, in tlse event of default; tM Bank eyy. in its sob disuet;iors, apply arsY payment to interest, prieseipel and/or lawful chart's tlsan accrued:
1 t is tM intMtlOrs Of tM parties IMretO that tM prOVialOrta herein shall not provide directly Or indirectly for tM peYlnant of a greater rat. of interest Ot tM ,
retention of any other charge than a allowed by bor. If; for any reason, interest in exoese of sudt bgal »a or a charge prohibitM by Isw shall at any tirrse be ' -
paid, any such exoes shall either constitute and br treated s a p.yn~ant on flee principal or be refunded directly to tM Maker. TM Maker may prepay the en•
fire unpaid bniaesoe of tM bars at any time. It the-brs b prepaid in full, acoaNated a refinarx,•ed, tM Maker slsati receive a »fund of the wsaartted portion of '
the interst and irwsranee premiums consputed by 1fle Rub of 78's method, except that the Bank shall be entitbd to retain a minimum interest tisatga of =15rN. -
- CREDIT LIFE ANO CRED17 LIFE a DISABILITY INSURANCE ARE VOLINJTAiiY AND NOT REQUIRED FOR CREDIT. Such irseurarsae oowraye is ;i
available at tM cost designated below for tM term of rise credit: la1 t - - _ _ - - for Credit lib Irouranp Ib1 S 57.10 - - - - .
for Gedit Lih Bi Oitability Inswancs:. s i i = n i S ~ ~ i = . - - _ • - _ = t s''.-- - : ~ t ~ ~ ~ : ~1
Chedt' ? Credit Life Insursnp a desired an tfselife of - ~ Birtlsdate - -
Apps. ~ Credit Life a Oisebility Insurartp is daeind on Warren B . Gri ffi Birtf,date 7/26/54
Box ? Credit Lih and/or Disability Ineursnoa is not ' ed. _ - - - _ - _ _
Date: Oct. 9. 1979 Signature Signature _
AFTERACOUIREOPROfERTYMI1tLCESUt1ECTTpTNESECYRiTY1NTERESTAN00T f11TU1~EINDESTEONESSISSECURE08YANYSUCH!•RO?ERTY,ASFOLl01MS: -
fiAaker hereby grants to Bank a security interest in tM property, if any, described in tM epee below and in all otlser property of Maker now or hereafter in
Bank's possession, and such security interest shall also secure all other liabilities of Make` to Bank, whether primary, secondary, direct or contingent, present -
or future. TM aforesaid security interest excludes the Makers primary residentx unless said primary residtrsce is described below. -
Lot 31, Block 78, Indian River Estates, Unit Nine (9), a subdivision according
to the plat thereof as recorded in Plat Book 10, page 74, of the public records -
of St. Lucie County, Florida. - -
• This is a First Mortgage. - - -
If the Bank requires the Maker to obtain iruurirsp coverage sgairsst loss or damage to the collateral waxing tM Makers indebtedness t0 the Bank, the Maker -
may obtain such coverage from any agent, broker or inwror acceptabb to the Bank.
It is jointly and severally ooversantad and agreed with the Bsnk by each Maker, endorser, wnty, guarantor, and other party to this note (all of whom are _
hereinafter for brevity called Obligor or Obligors) that: - - -
Bank shall exercise reasonable asre in tM custody and preservation of the Collateral and shall be deerssed to have exercised ressonsbb care if it takes such
~ action for that purpaee es Maker shall reasonably rpuest in writing, but no omission to comply with any request of Maker shall of itself be deemed a failure to
~ exercise reasonable pre. Without limiting tM generality of the foregoing, tM Bank shall have no responsibility for ascertaining any maturities, calls, corsvea
f lion, exeharsgs, offers, tenders or similar martin rNatirg to any of tM Collateral, norfor informirsg tM undersigned with respect to any thereof. Bank shall not '
I be bound to Wn any steps necessary to preserve any rights in tM Collateral against prior parties, and Makw shall take all necessary stps for wch purposes. Bank
or its nominee weed not asllec[ interest on or principal of any Cdbtersl or give srsy notice with respect to it. Right is hereby expressly granted to tM Bank at its
option to transfer at any time to itsNf or to iri nomirsee any Collateral and to repiv! tM income thereon and hold same es security herefw, or apply it on tM
I principal Or interest due hereon Or dw On any liability secured MrebY. - - - -
i
[ Upon tM happening of arsy of tM following wereri, cads of which shall constitute a default hereunder, or if tM Bank deems itsMf insecure, the entire unpaid -
r batanq of this note and all other liabilities of each Maker to Bank dull Nsereupors-or therNtter, et the option of Bank, without notice or demand, beconse imrrse-
diately dw and payable: (a) failure of arty Obligtsr to perform any agreerrsersc Mrwntier or to pay in full, vrFser? due, any liability whatsoever to Bank or any in- _
stalrrsent thereof Or interest therwn; Ib) the death of arsy Obligor; (cl tM filing of srry petition under the Bankruptcy Act, w any similar federal or state statute,
by or against any Obligor; ldl an application for tM appointment of a rapiver for, tM making of a general assignment for tM benefit of creditors by, or tM -
insolvency of any Obligor: lei the entry of a Judgment against any Obligor; lfl the issuing of any attachments or garnishment, or the filing of any lien, against
€ any property of any Obligor; Igl the taking of possession of any substantial part of tM property of any Obligor at tM instsnq of any govemmenW authority;
) (h) the dissolution, rrserger, consolidation, or reorganization of any Obligor; lit tM determination by Bsnk that s material adverse change has otxurced in tM
financial corsdition of ersy Obligor from tM conditions set forth in the most recent financial statement of such Obligor heretofore furnished to Bsnk, or from
the condition of such Obligor as heretofore most recently disclosed to Bsnk in any manner; or that any warranty, representation, txrtificate, or statement of any
Obligor IwMther contained in this note or not) pertaining to or in connection with this note or tM loan evidenced by this note is rat true; 1i1 tM assignment by
any Maker of any puny in any of the Collateral without the written consent of Bank; Ik1 failure co do all things necessary to preserve and maintain the valor
c and collettibility of the Collateral, irscludirsg, but not limited to, tM payment of taxes and premiums on policies of inwranCe on tM due date without benefit of
the grade period.
Unless tM Cdlatenl is perishable or threatens to dsdiea speedily in valor or is of a type nmomsriN sold on a recognized market, Bank will give Maker ree-
sonable notice of the time and place of any public sale thereof or of tM time after which a private sale will be held. The requirement of reasonable notice shall
be met if such notice is mailed, postage prepaid, to any Maker at tM address given below or at arsy other address shown on the records of the Bsnk, at least tan
~ days before tM time of tM sale. Upon disposition of any Collateral after the occurrence of any default hereunder; Obligors shall be and remain liable for any
deficiency; and Bank shall account to Maker for any wrplus, but Bsnk shall have the right to apply all or any part of such wrplus (or to hold the same as a
~ reserve) against arsy and all other liabilities of each or any Maker to tiarsk.
Bank shall have, but shall not bs limited to, the following rights, each of which may be exercised at any time whether or not this note is dw: lal to pledge
F or transfer this note and the Collateral, whereupon Bank shall be relieved of all duties and responsibilities hereunder and relieved from any and all 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; lei to notify the Oblgon on any Cdlat-
eral to make payment to Bank of any amounts due or to become dw thereon; Jell to demand, we for, collect, or make any compromise or settlement it deems
desirable with reference to the Collateral; and lei to take possession or control of any proceeds of Collateral.
No delay a omission on the part of Bank in exercising any right hereunder shall operate as a waiver of such right or of any other right undo this note. No
v~aiver or alteration shall be binding on Bank unless in a writing signed by sn authorized Bank oflicer, and then only to the extent specifically sat forth therein.
Presentment, demand, protest and notice of dishonor, are hereby waived by each and every Obligor. The taking of a renr~ral 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 her udder shall continue-until this
note is paid in full. The Obligors, jointly and severally, promise and agree to pay all costs of collection, inCludirsg attorneys f usl to 10'Xi of the amount
f~narsced, or such larger amounts as may be reasonable and just if collected by legal proceedings W through an attorney at taw lading appellate p?otxedings.
The undenigrsed acknowledge receipt of a comp~e copy of this note on this date.
Q ~
Address 1023
Z Chi pOl a Rd , /J• (SEAL)
Address Ft . Pierce, Fla . a`1~K'J•~-v Y~Gf x.327 (SEAL)
~ r -
1206 South 12th Sty, Ft. Pierce, Fla. r (SEAL)
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