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HomeMy WebLinkAbout2543 r NOTE For Value Received, the undersigned jointly and severally promise to pay to the Lender named below, at the Lender's said office, the Amount of Note which, as below, is the Principal Amount of Loan plus the Precomputed Charges, all of which is payable in successive monthly instalments of principal and charges ~r~l,ured. The Number and Amount of instalments are shown below.The first of said instalments is payable on the ist Oue Date shown below and each wbse• ;t:~~-„t instalment on the same day of each wcceeding month thereafter, the final instalment being due and payable on the Final Due Date shown below. L E N D ~ R : ~ Borrower has the "Options of Cancel- . lation" as shown on the other side hereof. Llaes~ Ot~yrolNt~olaz sxw~ ~ ~Ots f~i The Precomputed Charges have been fR'tr ~ ~ 3~~ computed at the agreed rate of charge + on scheduled unpaid principal balances ~ Account No. of this note on the basis that the instal- ; '---1 ments are applied first to charges to the Name~& Mailing Address of Borrower(s) Spouse scheduled date of instalment and the `sue remainder then to the principal- Residence Address In theevent of default in the payment of ~ ~ ~ if not the same the full amount of any scheduled imtal- i ment for more than 10 days (Sundays Date of Loan st ue Oate Final Due Oate 1st Instal. Other Instal- Payable in Monthly and holidays included(, the Lender may - , ~ S~ ~ Installments charge and collect a delinquency charge ; equal to Sald delinquency charge may be , ~ ~l• r collected at the time of wch default or g , ; . 23 n, ; . ~ J2 at any time thereafter, provided, however, ~m, only one such delinquency charge shall t I..f) Atri: ~ ~ i, :tst-~ be collected for the same default. Sl.ttlt:~ !t~~ .05"",~ of such installment fto~f=fa PtDITRA~v for each day such installment ' ftfRfi CI?.Cl1ti CC>'.~l'S P-~s~ ~'~={{-ter, - IJ. is delinquent. 4s~oos I ~ $ r~~_Principal Amount of Loan. $ t?~~ Precomputed Charge: Interest. ! $ ~ Precomputed Charge: Fees. S Total Precomputed Charges. ~ S Amount of Note. r , Fayrnent in advance may be made hereon in any amount at any time. In the event this note is paid in full before the Final Due Date (by cash, a new loan, re- f ~ Harting or otherwise(, the Lender shall make a rebate or credit to the Borrowei of that portion of the Precomputed Charges as the wm of the balances origi- :aiiy scheduled to follow the next instalment due date bear to the sum of all the balances originally scheduled (Rule of 78ths or Sum•of-the-Digits Method(. i ~ the Lender shall make a renewal or additional loan to the Borrower, the Lender will refund the unearned portion of the Finance Charge according to the ule of 78ths or Sum-of-the-Digits Method. f , on default, an attorney were engaged to collect this Note, the Borrower would be liable for reasonable attorney's fees and incase of suit on the Note, the orrowers would also be liable for all resulting court costs. a default in the payment of the full amount of any instalment hereon, at the option of the holder hereof and without notice or demand, shall render the en- ~~re amount due hereon at once due and payable, provided the finance charge would be rebated in proportion to the reduction of the loan term. A!i parties hereto severally waive demand and presentment for payment, notice of non payment, notice of protest and protest of this note and agree that their ~ahiiity hererunder shall not bR affected by any extension of the time of payment of all or any part of the amount owing hereon at any time or times, and -:;rther waive all rights of exemption, including personal property exemptions, under the laws of this or any other state. ne Principal Amount of Loan is the actual amount of money lent and paid to the undersigned. only one debtor be a party to this instrument, all plural words used herein with reference to the Borrowers shatf be construed in the sinqular- _r ;xs• r,a'kl~ "a ;'dlTNESS WHE ,the Borrowers have hereunto set their hands and seals on the Date of Loan above written. c S~gned, sealed and d i ed in t presence of: ~j~C :Y~tness: t _ (SEAL) ( w:.r) oo~ (SEAL) ';,fitness: +~J Y~~ (Borrower) .'y imess: ISEAL) NOTICE ANY HOLDER OF THIS CONSUMER CREDIT CONTRACT IS SUBJECT TO ALL CLAIMS AND DEFENSES WHICH THE DEBTOR COULD ASSERT AGAINST THE SELLER OF GOODS OR SERVICES OBTAINED PURSUANT HERETO OR WITH THE PROCEEDS HEREOF. RECOVERY HEREUNDER BY THE DEBTOR SHALL BE LIMITED TO AMOUNTS PAID BY THE DEBTOR HEREUNDER.