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HomeMy WebLinkAbout0940 NOTE r F ~~r Value Received, the undersigned jointly and severally promise to pay to the Lender named below, at the Lender's saitlbffice, the 7Cmount of Note which, as below, is the Principal Amount of loan plus the Precomputed Charges, all of which is payable in wccessive monthly instalments of principal and charges Brined. The Number and Amount of instalments are shown below. The first of said instalments is payable on the 1st Oue Oate shown below and each wbse• r~ instalment on the same day of each wcceeding month thereafter, the final insiaiureut being due and payable on the Final Due Date shown below. Borrower has the "Options of Cancel- L E 1 D E R : lotion" as shown on the other side hereof. i ~ ~~0 ~~yy ~ ~ Theme ~ omputed Charges have been s' ~ J~ j computed at the agreed rate of charge r on schedule) unpaid principal balances ~ Account No. of this note on the basis that the instal- y. ; merits are applied first to charges to the Name & Mailing Address of Borrowerlsl Spouse scheduled date of instalment and the remainder then to the principal. r' In the event of delault in th`e payment of j Residence Address r ,.h ~I-. ~ ~ if not the same the full amount of any scheduled instal- ; merit for more than 10 days (Sundays i 3eie ui Luei~ =St 13ue Dats i.^.31' iiE ~~t=• la f^a J .Other Instal. Pa able in Monthly and holidays included), the Lender may i i i.i ~ VL ~ S S ~ Installments charge and collect a delinquency charge equal t - ~ - l[CEIO. Said delinquency charge may be collected at the time of wch default ar at any time thereafter; provided, however, only one such delinquency charge shall be collected for the same default. .05,E of such installraent - ~ for eac}-. day such irstallrten is delinquent. C •=i)EO f LEO a~:: i FIA. S Principal Amount of Loan. ap(,= • S i ! - ~ „~UAT j[ S Precomputed Charge: Interest. CLE°•'• ~ , S Precomputed Charge: Fees. RECOt+" i S ~ Total Precomputed Charges. ~w 3 'O 44 a`" , t' Y~ ~ S 'j Amount of Note. . ' 4b'7886 ~ . P;~ ; merit 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 Oate (by cash, a new loan, re- `:nar,r.ing or otherwise), the Lender shall make a rebate or credit to the Borrower of that portion of the Precomputed Charges as the sum of the balances origi• :''y scheduled to follow the next instalment due date bear to the sum of all the balances originally scheduled (Rule of 18ths or Sum-of-the-Digits Methodl- ' rr~P 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 of 78ths or Sum-of•the-Digits Method. on delault, an attorney were engaged to collect this Note, the Borrowers would be liable for reasonable attorney's fees and in case of suit on the Note, the growers would also be liable for all resulting court costs. i~~'ault 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- ;,mount due hereon at once due and payable, provided the finance charge would be rebated in proportion to the reduction of the loan term. . ' !rarties hereto severally waive demand and presentment for payment, notice of non payment, notice of protest and protest of chic note and agree that their :h::ity hererunder shall not be affected by any extension of the time of payment of all or any part of the amount owing fiereon at any time or times, and - ni~ar waive all rights of exemption, including personal property exemptions, under the laws of this or any other state. Principal Amount of Loan is the actual amount of money lent and paid to the undersigned. ,n!y one debtor be a party to this instrument, all ploral words used herein with reference ro the Borrowers shall be construed in the singular. T,~~:3~' 7QD~ '~+rk~X . t'1iTNESS WNER ,the Borrowers have here nto set their hands and seals on the Date of Loan above written. S~ pied, sealed and d i r in the resence of: - t :';~rness: _ ISEALI `;J~tness: -I'y' /l' /JiQ~'~`' ~R X~2_~~..L ISEALI {Borrower) SVrtness: ISEALI 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. ftkA~]~ AM