HomeMy WebLinkAbout2185 Y • _ _ _ _ _
DISCLOSURE NOTE FOR IN57Att:~tENT tOAI~'=. : _ ~ ~ '~.^-ri" -
First- National' =Bank4 ofFort Pierce ~ - ~ ~ a i • ` (l?1'Arnount Rec.iytd ~ s-'•~ S 500.00
_ . . - - fiAN 'ai __IfItA Mtmium for C?tdit ; r • ~ - .
. it ~ li.~
~ iii l~ NAMft r+w~ ..ter. t .rr i
'~~-:~{~i•; =.c'~.1r1.7".,.I:i_-: ! _~1i! i~f~~.ttl.•~-~i1i--,i• :1~'L;f.roisaeifityfm. '`s' i1~979-9~ ••tt
' P.O:'~Box.970; Foct Pierce;•'Fla-'~3~ SQ ici.' o~c~n+:nt,ry sty :.~.:',s' ~ 9.7S
. :_:,t;1,~ ,tl~-
^Ifl t~1~otf~fcft Af~oa _ _.f? ~ t:f:~.:• . _ _ io1-oth«cftar~..lit.mi:e? s ~ none
1 . ~ ,{~j ~ .i:. • r _ •:•..T t.' IE/-~' - j= 't9nt1P
NOTE NO.` ~ `'~24.-2891'1•• . pATEO: Dec.~-213.~~ r..: ~ .19 ••79 _
,3i',~';~t„^-,,, is -`-3~I~;t~w t'1:...i41:
~`Ili~ ':f .,+.~'tit~
~-1 ~ :?t:~ ' :(G?.ArtlOUnt Finint.d ~ `t
ouE• .Dec. ~8 ' - ~~-y ,989 (a. g. c. o. E.FI s~ ~"6~;489:67
_ • . - - - _ t, _ - - IH? Inetrtst s- _ -6:550.93
PLACE: !Fort Piercf3 - , ~ -,t - - ,FLOpfoa ti1~•1_otn F» .s .s--25.00
1.l1 other = none
For valve rtceiwd, tM urWtrs„irted Ihtrtflsatttr ta1Nd "IlAakar"1 jointly and stvtralfy (if IK) S--^ARP
more than txttl promise to Day ro theordtr of tM Bank, at its office listtd above, the Total
offaymtnrilfromlN?atright)of $13.065.60 Dollarspayabltin 120 Ill S none `
equal rnarithty installrrsants of S ,the east IMI FINANCE CHARGE
Ill, 1, K, L? S 6.57S.93
intralfinent due ors 1~ 2 ~ , t9~, and substquMt installments five on IN) Total of Payrnsnts IG ; MI S 13.065.60
:he day of eat:h rrtonth !Mr!after, together with a FINAL BALLOON PAYMENT OF:
s none DUE none ANNUAL PERCENTAGE RATE 1 ~ f1R X
,19
The Bank shall impose a dtl,nouency~ehargt against the Maker on arty WYrrttrtf which has bacon. dues srW remains fn delault for a period in excess of 10
days in in amount ttl[iiii; to 3~i of rite paymLnt in d=fault In the evtnc that the Note if not gild in fuU at maturity, all payments, whether principal, interest or
otr.erwist, shall btta? inttrMt at the maximum legal rate allowed under the law. Atl paymtnri mad. hereunder shall bt aedittd first t0 ,ntNesc and then to
or~ncipal, howevtr, is tht want of default, the Bank may, in iri sole disuetion, apply any payment to intei•esc, principal and/Or lawful charges thtn accrued. '
It is the intention of the parties hereto that iht provisions herein shall not provide directly Or indirectly for the payment of a gKeater rat. of interest a the
retention of any other clsargt than is allowtd by law, If, for any reason, interest in excess of such Itgal rate or a charge prohibited by law shalt at any ume be
pa~o, any such txctss shall either constitute and be treated as a PaYrrient on the principal or be refunded dirN;Uy to the Maker. 'the Maker may prepay the en- `
:,re unpaid babnce of the loan at any tima_ if the loan is prepaid in full, accelerated or refinanced, the Maker shall receive a refund of the unearned por!,on of
the interest and irssursnce premiums computed by the Rult of 78's method, except that the Bank shalt be antitfet} !o retain a minimum interest charge of S15.00.
CREDIT LIFE ANO CREDIT LIFE & OtSA81LITY INSURANCE ARE VOLUNTARY ANO NOT REQUIRED FOR CHEOIT. Such insurance coverage is
ava,laole at the cost deaignatec! bestow for the term of the credit: Ia? S 9 79 .92 for Gedit life inwrance Ib! S
!or GsyydityyL~~i{f[t a Disability Inwrance:. _ , - , . ~ ~ - „ _ - -
Cherk~''r'~7Gadit Life lrsswanct is desired «t the life of LdWrenCe E . JOne3 _ - - • Birdtdatt 11~ `5~~ $ -
App!- ? Credit L1fe f} Disability Insurance is desirtd On ~ Birthdate
Box ? Credit Lift and/or Disability Irswrana a not d - . - . ~ -
Lau: DeC. 28, 1979 Signaturt - ~ _
ignatura
gFTEaACaWf1EDf~lIOtENTyUIIIIiESUt1ECTTOTNESECURITy1NTEAESTpNDOTNER UTUNEINDEf1tE0NESSISSECUREO~yANYSUCH~f10f+ERTY,aSFOILOWS:
Maker hereby yrsnri to Bank a security interest in the property, if any, described in the mace btlow and in all other property of Maker now or hereafter in _
tank's posstssion, and such security interest shall also secure all other liabilities of Maktr to Sank, whether primary, secondary, direct or con!,ngent, present
or furors. Tht aforesaid security interest txcltsdes the Makers primary residence unless said primary residence is described below. _
3409-1I4-0002-000/8 09-36S-40E, West 138.2 Ft. of S. 70Ft. of E. 171.2 Ft. of N2 of SE4 _
of NEs of NE (4) and 'adjoining lot the N. 80ft. of the S. 150ft. of the E. 171.2 Ft. of the
N4 of SE4 of NE,-~ of NE4 in section 9, Township 36S. Range 40E.
tf the Bank requires the Maker to obtain insurance coverage against loss or damage to the collateral seturirg the Makers indebtedness to the Bsnk, rite Maker
may obtain such ctiveragt from any agent, broker a inwror acceptable to the Bank.
I c is jointly and stveraiiy covenanted and agreed vdth the Bank b1f each Maker, ecldorser, weary, guarantor, and other party to this note (all of arliom are
hereinaftN for brwity filled Obligor or Obligors) that: _
Sank shall txtrcist rsssanable ore in the custody and preservation of the Collateral and sfiall be deemed to have exercised reasonable ors if it takes such
action for that purpose as Maker shall reasonably request in writing, but no omission to comply with any request of Maker shall of itsef be deemed a failure to
exorcist reasonablt care. Without limiting the generality of the foregoing, th! Bank shall have no responsiAility for ascertaining any maturiti_s, calls, conver-
s,on, exchanges, otftrs, tenders or similar matttsrs relating to any of the Collateral, nor for informing the urir!ersigned with respect to any thereof. 3snk shall not
h.t bound to takt any steps necessary :o areserve any rights in the Collateral against prior parties, and Mater s~aH rake aU necessary steps for wch aur•,soses. Bank
or its riaftlin» riled trot colleC: intt,~st on or pnntil.al of any Coflat!r~t Jr five any notice with respect to ,r, ?.cnt is herthy expressly grant!d to rho Sank at its
~onon to transfer at any time to ;se,f or to its nominee any Collateral and to receive the income thereon and Hold same as sttCUrity hereior, or apply it on the
griat:ipel Or interest five hereon or due on any liability secured herby.
" , ' _ Utson the happersing of any of th. ?ollowinq events, earls of• which shall constitute a default hereunder, or if rte :Bank deems itself insecure, the ~iritir! unpaid
ba,anceof Mis Holt and aN other ?iabiiit,!f of each Maker to Sank shall th•iwoon or thereafter, at the option of Sank, without notice or demand, b!corne imme- -
a~ately due and payable' lal fad„re of rely Obligor to perform any agr~emgr,t he.YUnder or to pay in full, wh :n •lu?, any liability vnltatsower to Sank or any in-
sra~ment thereof Or interest thereon: ;51 :tie death of any Obligor, tc? the tiNng of any petition under the &,nkn,orcy Act, w any similar federal or ;tat. statute,
by or against any Obligor; {d) an 3po„cat,on for the appointment of a receiver for, the making of a genera, assionm•.nt for the benefit of cretli*.ors fir, or the
,r*so,vencY of any Obligor-, it) :he enm of a judgment against any Obligor: ;fI the jawing of any attathmrnts ~r zarnishment, or the citing of any lien; against
env Droperty of any Obligor: {q) -he raK~rig of possession of any substantial Dart of the property of any Obti.)or ar the instance of any governmental authority;
Ohl the dissolution, merger, coinoiidahon, or reorganization of any Obligor; fi) the determinatirsn by Bank ^nar a mar.rial adverse changes has oCCUrr?d in tht
f~nancias corWicion of arty Obligor iron me conditions set forth in rtes most recent financial statement of ;uch Qbigor heretofore furnished to e3anK- or htxn
-^e condition of such Obligor as n•r.•ofore most recently disclosed to Bank m any manner; or that any vvarran!v r>orsentation, certificate, or stat!r^enr of any
Cb,,gor (whether contained in this note or not) pertaining io or in connection w,th this note or the foam evidenc~o'Jy this note is not trot; fit th! ass.ynr•,ent Dy
,nv :Maker of any equity in any ~~f ;1,. Collateral without the written consent of Bank; Ik1 failure to do all th,r•gs necessary to preserve and mainra,n :n :value
end coueC[ibility of the Collateral, tncltrding, but not limited to, the payment of ;axes and premiums on pditi•:s of ,nsurante on the due date without benefit of
•ne grad period.'
~~niess r)st Cdbteral is ptrishable ar threatens to decline speedily in value or :s of a type customarily sold on a recognized market, Bank will give Maker rea-
;onaoie notice of the iirrna and place ~i any public salt thertof or of ;he rime alter which a private eels vritt Jet h.1d. ; he requirement of reasonable notice shall
rrrt if such notip is mailed, postage prepaid, to any Maker at the a[Aress q,v±n below o? at any other address shown on the records of the BanK, at :east ten
~:avs Defore the time of flit sa,e. ijpon deposition of any Collateral after •he occurrence of any delault hereunder, Obligors shall be and remain t,aol! for any
.rr~c,ency; and Bank strait account to Maker for any wrpfus, but Bann ;i,all have the•right to apply all or any part of such surplus {or to htatd Me same as a
-'S9rve) against any and all at:+M i~ab,tuies of each or any Maker to Bank.
Sank shall have, but steals not 5e i,m,ted to, the following rights, each of which may be exercised ar env nm..rrttether or not this note is due: ;al to pledge
or transfer this note and the Collateral, whereupon Bank shall be rel.evrif pf alt duties and responsib,Gtiesher~uncer and relieved from arty and all .iala,Nty with
~xoect to any Cdlateral so pledgati or transferred, and arty pledgee or -ransferee shall for all purposes stand •n ;he place of Bank hereunder and nave all the
ants to Sank hereunder: {bi to •ransfer the whole or arty part of th. CaNateral into the name of itself~Jr .rs nominee; Ic) to notify the Obi,oors on any Collat-
~ral ro make payment to Bang of any amounts due or to become due ;Hereon; Idl to demand, sue for, coiwct, or make any compromist or swalemsnt it deems
:~s~rable with rsftrenee to the ;,ouateral: and le) to take possession or control of any proceeds of Collateral.
No delay or omission on tt~ Dart of Bank in exercising any right hereundr shat! operate as a waiver of ;uch right or of arty othK right under rhn note. No
.vaiv?• or alteration stall! be bind,r?q pn Sank unless in a vwiting signed by an authorized Bank officer, and tn.n only to the extent spetif~lalty vt `nrth therein.
~•nentment, dtrrnnd, protest and no6ct of dishonor, are hereby waived by each aril every Obligor. Thw. t3t,r,q of a renewal note without •ne ;ionarure of any ,
,esker or endorstr liablt on the more shall riot be deemed a paym.nr ~x discharge of this obligarion and ~h.:,ab,lity created hereunder shah cunanut until this
-ore is paid in lull. The Obligor. ;aptly and severally, promise and agree to pay all costs of collection, :nck;dinq atcorneyi tees equal to 1frG of the amount
•~nanced, or such lsrgtr arrtounn as may fat ressonsble and lust ii cotteered by legal prOCltdings a through an attorney at law, iriNuding apoeilate•oroc»dings.
. _ The undersigned ack edgt receiot of a t~mpletad copy of this note on the date.
Addrtas 331 hnsto~St-_, Ft.Pierce. Fla. 33450 Q'GG~t,~-i ~ (BEAU
- , • - - . - La erica=E. jo rrs - _
' ,>.ddrtss ~lr?i7~• -1.t~ . - ISEAL) s
_ . 1.,- - - „ -l, . =`l _r , ~ -Susan L.Tones _ ~.i- =,~y - i
-1,. f lit i• _ '•t~i= ti~-ft ~l ~ ff;• f~rr-o 1: -..~!1,. iii
- ~{~^-.f{•--t~1 •'i• ~ iri ` ,t - ~.r ~ ~'ji~ ji r re t~~ !
. _ _ 1 _~tr .,.}f_ i' _ ~ t. is'~~~M..... -ti.....t. .-t•'~1R a ~