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Home My WebLink About1348 ~ l .,a- a r it ~.-t r.•~ w r ?~~•a ~itr-ti` ~a ~"...•v •~.~••t. ~..,•ta -Kl•~., tft'.~ t f ! fi*~'/It ~ tt~. ~ ~T - '=1~ _..~-rt~ir~i~ 'li --ill .Ili lYi=l1~---?(~_ Ill--~ii~- _ ~ t~1--~Iri'~_1'1--~1~= 7'i-•-lii=-=1!{ ~ _ . DISCLOSURE NOTE FOR INSTALLMENT. LOANS~._ 1;:._ - ~ ~_'~~l;1. ~ •u -First National Bank of Fbe•t' Pierce ~ - - 'IAI A"'°""i a.~ei"'d - : -=2.000.04 - _ _ _ _ NI1NK NAME _ _ _ - _ - a t i le{ Ihemwm for Credit . - ~ - . - _ ~ti1•`-'' ~-Ufe/OitabilitylM. 2 2. 0 - r~` _ - P.O. Box 970, Ft. Pierce,•- Florida 33450 - _ - _ 'td Oowmattsry stamv.._ - ~.s _ '33• _ _ - _ _ _ oflf=tc A a - _ . _ lot -_Otf+.r char'.. lic~a _s ~ -~0~ _ NOTE NO. ~ DATED: Oct 12. . = ' ' ~19~. (FI ~ . ouE: October 12 ~ - , - - . - _ IGI lAnwun~FO _ . , s 22.265 ~ 95 rj - - - - ~ ~ IHI Mtarest - _ _1.4a 576.25__= Pt.ACE: ' •"For~Pierce, - ;~FLOf~ior? u? Lo:nF« - _ ~ = 30.00 - For vNw nc«we, the ursdersigrted (ltereinaher called '•Make?°1 ioindy and segrslly lit - fJl Other - - - . _ - - -0- _ _ more than one) pronws to pay to tM order of tM Bank, ac is office listed shove, tits Total of Paymntts Urorr? IN{ at right) of 532.872.20 polio: payable in 6Q_ lU - - -D-• wear monthly irtstallrrtenq of t 547.87 _ , tM first IM{ FINANCE CHARGE - ll+, 1, K, u s 10.606.25 installment dw on NOV . 12 , 19~, and tueaequeett iMtNlrnents dw on IN? Total of Paymsnes lCz+ M? s _ 32.872.20 tn.l2thfay of ptlt month therpfter, togetltar with a FINAL BALLOON PAYMENT OF: ANNUAL PERCENTAGE RATE 16.54 ~ x, The Bsnk shall irrtpoas a dNinquertty elur'gs sOeirtet tM Maker on any payment which has become due and n>rtsains in default for a period in sxpss of 1~ days in an amount equal to 511i of tits psymMt in default. In the avert that tM Noe is not paid in full at maturity, all paymertcs, vrltsther prirtt:ipal, interest or : • otherwip, tl?all bast intarast at tM maximum legal rate allowed under tits law. All psynwna ntads henurtder :hail bs txsdited first to interest and than to prirscipM, however, in tits egret of default, the Bank may, in its solo discretion, apply arty payment to interest, principal and/or lawful charges than soptrad. It is tits intention of tits psrtNa harsto that tM provisiaM herein shall not provide directly or indirectly tor tM payment of • grptsr tees of interest or tfts- retention of any other dtarga than is allowed by law. If, for any reason. interest in sxoap of such IegN rate or a charge prohibited by law shMl st any rims ba paid, any such sxpp shall sithsr constitute and bs trssted as a p.ym.rtt on tM prineipN or ba refurtdsd directly to tM Maker. TIN Maker may prepay tM en- - . - tire unpaid balanos Of tM loan ac any time. If tM loam is prepaid in full, socNarated or refirtartcad, tM Maker shall rsoeiva a refund Ot tlts unaernsd portion of - the intarast and irtaurattos premiums eonputsd by 1M Rule of 78's method, sxppt that tM Bank shall bs entitled to regin a minimum interest eltsrgf of 51500. . %r7i:DiT LIFE: AND CREDIT LIFE 8 i3isAiiiitiTY iNSURANCE ARE VOLUNTAiIY AND NOl' RE(li/iREp FOft CREDIT. Stsclt irauranoa oovarags is_ jl available at tM Cott dMignatad bsktw for tits farm of tits credit: lal: 232.54 Oft for Credit Lifs Irtsuranoa lbl t ' - ' - j . fo.creditufeaoiaabilitYlnsur.nee: $6200, decreasing, for 60 months - _ ~ Check ®Credit Lifs Insursna is desired on tits lih of _let•emiah Redd i ck - Birthday ]/28/16 ` ~ _ ~i App). ? Credit Lifs ~ Disability Insuranp is desired on - Birthdats - - - 1. Box ? Credit Lifs ardor Disability Inwrartos~e-{qt desired. = - - ~ - _ . _ i~ as u: 0e t _ 12 a 1979 Signature Signature ~ - • l APTERACOWREOHItOf'ERTY1IMltlESUt1ECTTOT SECYRITVINTERESTANDOTHERORFUTUREINDEtTEONESSISSECURED~yANYSUCMIRO?ERTY,ASFOILDNfS: - Maker hereby grasp to Bank a security interest in the property, if any, desaibad in tM spsq below erd in all other property of Maker now or harpfter in Bank's possession, and such security interest shall also secure all other liabilities of Makes to Bank, whether primary, secondary, direct or contingent, present - w future. TM aforesaid security interest excludes tM Hikers primary residence unless said primary residence is desuibad below. This is a First AlortFage _ - - The North 39.3 feet of Lot 3, Less the East 10 feet, Block 3, of Emancipation Park, as per Plat thereof on file in Plat Book 1, page 38, of the Public Records of _ - St. Lucie County, Florida• If tM Bsnk requires the Maker co obtain inwrance coverage against loss or damage to the collateral securing tM Makers indebtedness to tht Bank, the Maker - may obtain such coverage from arty agent, broker o? inwror acceptable to the Bank. - It is jointly and severelly covenanted and agreed with tM Bank by each Maker, endorser, orrery, gwrantor, and other party to this note )all of whom are hereinahar for brevity called Obligor or Obligors) that: - _ Bank shall exercise reesonsble pre in the custody and presergtion of the Collateral and shall be deemed to have exercised reasonable pre if it takes such I action for that purpose as Maker shall rpsonaWy request in writing, but no omission to comply with any request of Maker shell of itsNf be deemed a failure to ezereise ressornWe cars. Without limiting tits generality of the foregoing, the Bsnk shall haw no tesportsibiliry for ascertaining arty maturities, calls, conver- ~ lion, excitangp, oNers, tenders or similar mattJrs rNatirtg to arty of tM Collateral, nor for informing tM undersigned with respect to any thereof. Bank ahsll not - be bound to take any steps rsepssary to preserve any rights in tM Collatere! against prior parties, and Maker shall take all nepsssry steps for surJt purposes- Bank - w its horning need not collect interest on or principal of arty Collaterel or give any notip with respect to it_ Right is hereby expressly granted to tits Bank at its option to trertsfer at arty time to ittoelf or to ice nominee any Collsterel and to repiq tM income thereon and hold :ante ss security herefor, or apply it on tits- _ t principal or interest dw Macon or dw on sett' liability secured hereby. - - - - - - _ . • ~ Upon tM happening of arty of the following tq/tp, sash of which shNl constitute a default hereunder, Or if tM Bank deems itself insecure, tM entire unpaid _ l balsrspof dtis note and all other liabilities of pCh Maker to Bank shall thereupon Or tfterpttN, ac tM option of Bank, without notice or dentertd, beoonts inxtte- - diatdy dw and payable: (a) failure of any Obligor co perform any agreement hereunder or to pay in full, wften due, any liability whstsoegr to Bsnk or any in- stalmeM thereof Or interest thereon; Ibl the dpth of any Obligor; lcl tM filing of any petition under tM Bankruptcy Act, or any similar federal or stare statute, M or against arty Obligor; Id{ sn appliption for tM appointment of s repiver for, the making of s general sssignmertt for the benefit of creditors bY, or the msorvency of any (7bttgor; le{ tM entry of a judgment sgainft arty Obligor; Ifl tfte iswi of any Property of arty Obli rag arty attachments or garnishment, o? the filing of any lien, against got; lgl tM taking of possession of any substantial part of the property of any Obligor at tM instance of arty governmental authority; Ihl the dissolution, meager, consolidation, or reorganization of any Obligor; (i) the determination by Bank that s material adverse chsrsgs has oowmd in tM financial condition Of any Obligor from tM conditions set forth in tM most recent financial stanment of such Obligor heretofore furnished to Bank, or from - the condition of welt Obligor x heretofore most recently disclosed to Bank in any manner; or that any warranty, representation, certificate, or statement of arty Obligor lsMltsther contained in this note or not) pertaining to or in connection with this note or tM loan evidenced by this note is not true; V{ the sssignmsnt by any Maker of arty equity in any of tM CollaterN without the written consent of Bank; (k? failure to do all things necessary to preserve and maintain the valor and collectibility of tM Collateral, including, but not limited to, tM piymertt of taxes and premiums on policies of insurance on the dw data without benefit of the grace period. _ Unless tM Cdlateral is perishable or thrptens to dediM speedily in valor o. is of a type custorrts?ily sold on s recognized market, Bank will giq Maker rea• sonable notip of tM rinse and plop of any public sale thereof or of tM lima after which a prigte saN will tie hek1. The requirement of reasonable notice shall be met if such notip is mailed, postage prepaid, to any Maker at the address given bMow or at any other address shown on the records of the Bank, et least ten days before tM time of the sale. Upon disposition of any Colbte?al after the oocurrenp of any default hereunder, Obligors shall be and remain liable for any deficiency; and Bank shall account to Maker for any wrplus, but Bank shall haq tM right to apply ail or any part of such surplus (or to hold tM same as a reserve{ against any and all other liabilities of each or any Maker to Bark. Bank shall haq, but shall not be limited to, the following rights, each of which may b! exercised at any time whether or not this note is dw: (a{ to pledge ~ or transfer this note and tM Collateral, whereupon Bank shall be rNieved of all duties and resporssibilities Mreunder and relieved from any and all liability with respect to arty CdlsterN so pledged or transferred, and arty pledgee or transferee shall for all purposes stand in the place of Bank hereunder and have all tM rights to Bank hereunder; Ibl to transfer the whole or any part of the Collateral into the name of itsNf or its nominee; lc{ to notify tM Obligors on any Cotlst- eras to make payment co Bank of any amounts due or to become due thereon; ld{ to demand, we for, collect, or make arty compromise or cattlemen[ it deems desirable with referettce to tM Collateral; and lel to take possession or control of any proceeds of CollaterN. No delay or omission on the part of Bank in exercising any right hereunder sMll operate as a waiver of such right or of any other right under this note. No ~ waiver or alteration shall be binding on Bank unless in a writing sgned by an authorized Bank officer, and then only to the extent specifiplry stt forth therein. Presentment, demand, protest and notice of dishonor, are hereby waived by each and spry Obligor. The taking of s renewal note without the signature of arsy maker or endorser liable on this note shall rtot bs deemed a payment Or discharge of this obligation and tM liability created hereunder shall continue until this note is paid in full. TM Obligors, jointly and severally, promise and agree to pay all costs of collection, including attorneys' fees equal to 10'1(1 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 appNlatt proceedings. The u ignad acknowledge receipt of a sled of this note on this date. Address 1311 North 25th Street, Ft. Pierce ~ - ' / J e h Re c (SEAL) AddrKs Y ~ ~ C---- (SEAL) Daisy Red ck