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Home My WebLink About0948 a • ~ NEW' ~ . ~'CUK QlSCIOSUAE NOTE POR PERSONAL LOAN ITIME) - ' - IA1 Amount Received ; ~ . 3 74 ~ 6 5 lB? Premium ttx Credit 70.00 FIRST NATIONAL BANK AND TRUST COMPANY OF RI VIE Uta/pisttbitity fns. ; ANK tvAAit: EACH ICI q~ rtyntar St s ; • 3700 Broadve~ay r Riviera Beach, FZ IDi djti~~'a'~~~:`~ing; OFFICE ADDRESS iE1 Title -search a 30.0 - 1F1 ,~tangi le ax; 5.00 NOTE NO. DATED: _ s7antlary 15 ~ tg 80 ~ 1v1 Amount lananpd IA, B, c, D, e, f=1 ; 2 500.00 FOR VALIkE RECEIVED, flee undersigned (t?sreinatter celled tl?e "Makei'1 jointly IHl Inttrast ; • and stavenlh tit ttsota than otss) promise to pay to the order of the 8snk, st its office listed (ll Credit Irswstgition j N A above. the Total of Paymetsts (from lNl at rightl of Two thousand nine IJ? OiMr N/A hundred ninety five and 68/100-------n----IJafars. _ IK1 ; The intarsst insposad on tM Amount Financed .is sgwl to a ample iintsrest rots of N A ~ R _ nn x and Mall begin to scow from the dare of this note. Ths Total of Ill = Payreients Shall fees payabli ss follows: (Identity ss 'balloon payment" any payman~ IM) FINANCE CHARGE which is more assts twig tM amtwnt of sn othsrrvtss ragerlarly sMtdtrNd equal paymstst), IH,1, J, K. U .495.68 _ The amount financed shall be payable in 24~~.~- (N) Total ofPwmnstslc+M) ;2.995.68 equal monthly payments of principal and ~ ~ -ANNUAL PERCENTAGE RATE 18.00 % r interest in the amount of $124.82 beginning February 15,_19$0 and on the ' f 15th day of each .month-thereafter. - _ - In tM revert that the Note is not paid in full at maturity, all payments, whether principal, interest tx othterwise, shall bear jnte?est st tM trssximsttn frtgM rata allowed unrkr flee few. All payments maade hertunder shelf be txedited first to interest trod then to principal, howawr, in the event of default, tl?s Bank trey, in ' its sole d'+scrstion, apply soy payment to interest, principal and/or lawful charges then xaued. It is the intention~ot the parties heroto that the provisions herein shall not provide directly or indirectly !or the payment of a greater rate of interest of the retention of any other charge than is allowed by law. If, for any reason, interest in exdss of such legtrl rate or a charge prohibitrx! by Isw at any time be paid, any wch excess shall either constitute and be treated ss s psytssant ort the - prircipal or ba retundtsd directly to the Maker. The Maker may prepay the entire unpaid balance of the loafs at any time. It the loan a prepaid in tuff, aooel- erated or ratinarecarf, the Maker shall receive aa'refund of any uneartsed portion of interest, such refund to ba computed by the simple interest irssthod. Arty tte- earned itesurststx premium received by the Bank from the itswrer shall be torvvarded to the maker, _ CREDIT LIFE ANO CREDIT LIFE t3 DISABILITY INSURANCE ARE VOLUNTARY. AND NOT REQUIRED FOR CREDIT- Sut~s irssuratsa cosraraga is available at tM cost daigrssted below for the term of flee credit: lal S 70.00_ ~ for Credit Life tnwranos lbl ; Check ~Creditufelnwrsnceadesiredonthaliteot Edward 'A. Benson B;r~,~ 3/9/31 Appl. ? Credit Ufe 8 Disability Inwrarsq is desired ort a..,~ _ Birthdate- ~ Q 3 ! ' Boz Credit Lifeand/or Disability Insurance is not t;e;;i - - Date: 1/15/80 - Signature :U. Signaturo AfTERA0001RE0pR01ERTY1fIllYESUlJECTTOTHESECORITY INTERESTAf/00THERORPIITURE1fiDED~EONESSISSECUREOtyANYSUCN~ROrERTY,ASFOLLOMS: Maker herr!by grants to Bank a security interest in the property, if any, described in the Mace below and in elf ether property o/ Maker rsovai a hereafter in Bank's possession, and such security interest shall also secure all othK liabilites of 11i1aker to Bank, whether primary, secondary, director tontirsgMt, prssMt or future. I'he storestsid security interest excludes the makers primary residence unless said priirreary rosidenoe is rfesrlibed in tlr! dean specs below: First Mortgage on property located at: Lot 14,-Block 335, PORT ST. I.UCIE, Section 25, a subdivision according to the Plat-thereof as .recorded- in ' Plat Book 13, Page 32 of the -Public Records of St. Lucie County, Florida. If the Bank requires the Maker to obtain insurance coverage against loss or damage to the collateral securing the-Makers intfebtedness to the Bank, the Maker may obtain such coverage from any agent, broker or insuror acceptable to the Bank. - It is jointly and severally covenanted and agreed witn the Bank by each Maker, endorser, surety, guarantor, end other party to this note loll of whom are hereinafter for brevity calltd Obligor w Obligors) that• _ Bank shall exercise reasonable care in the custody urd preservation of the Collateral and shall be deemed.to hae+e exercised reasonable care if it takes such action (Or that purpose ss Maker shall reasonably request in writing, but no omission to comply with any request of Maker shall of itself bs deemed a failure to. exercise reasotable care. Without Iimitirg tf~e generality of the tort:geing, the @ank shall have no responsibility for ascertaining any maturities, calls, convey- _ t Sion, exeharsges, otters, tendon or similar matters relating to any of the Collateral, nor for inftxmirg the undersigned with rtsspect to any thereof. Bank shall rent be t>outr! to take any steps necessary to preserve any rights in the Collateral against prior parties, and Maker shall take all necessary steps for wets purposes. 8snk or its nominee raced not collect interest on or oriteeipal of any CoUateraf or give any notice vviJ? respect to it. Right is hereby expressly granted to the Bank at its option to trirrsfer at any time to itself Or to its nominee arry Cdlateral and to receive the income thereon and hold same ss feturity herefor, Or apply )t On thf principal or interest due hereare or due on any liability secured hereby. - - - Upon the happening of aiy of the loNowing events, each of which shall constitute a default hereunder, or if the Bank deetr?s itself insecure, the entire unpaid - halante of this note and all other liabilities of each Maker to Bank shall thereupon Or thereafter, at the option of Bank, without notrce Or demand, become imme- _ diately deco and payable: (a) failure of gray Obligor to perform any agreement hereunder or to pay in foil, when due, arty liability whatsoever to Sank or arsY in- sralment thereof or interest thereon; lb) the death of any Obligor; Icl the filing of any petition under the Barekruptr:y Act, o? any similar fttderal or state sutsrte, by or agaitest any Obligor; Idl an application for the appointment of a receiver for, the making of a general assignment for the benefit of crtditors by, or the ir' xncy of any Obligor; le) the entry of a jt.dgment against any-Obligor, If) the iSSUitig of any attachments or garnishment, or the filiteg of any lien, against any property of any Obligor; (g) the taking of possession of any wbstarstial part of the property of any Obligor at the instance of any govemtrsental +ittthority: Ih1 the d"KSOlutiors, merger, consolidation, or reorganization of any Obligor; (il the determination sty Banc tfrat a material adverse change has occurred in the financial condition of arty Obligor from the conditions set forth in the most recent financial statement of suds Obligor heretoforo furnished to Bank, or from the condition of such Obligor as heretofore most recentN daclosed to Bank in any manner; or that any warranty, representation, txrtiticate• tx statement of any Obligor (whether contained in this: note or trot) pertaining to or in connection with this note or the loan evidenced by this Hots is not true; Ijl the assigrrrsent by _ acy Maker of any equity in any of the Collateral without the written :.~nsent of Bank; Ikl failure to do all thugs tet!cessary to preserve and maintain the value and collettibility of the Collateral, induding, but not limited to, the payrseent of taxes acrd premiums rxs policies of insurance on the due date without beMtit of the grace prxiod. - Unlzss the Collateral is perishable or threatens to decline speedily in value or is of a type euitorrearily sold on a recognized market, Bank wilt give Maker roes- soable ratite of the time and place of ar:y public safe thereof or of the time alter which a pri~rate sak will be held. Tfre rtwuinement of reasoteable notice sfsall be met if wets notice is mailed, postage Prepaid, to any Maker at tt!B addr4ss given below or at any other addreu shown On the records of the Bank, at least ten days before the time of the sate. Upon disposition of any Collateral after the oceurrenca of any default hereunder, C?bligors shall'x and rtxnain liable for any deficiency; and Bank shall arxount to Maker for any wrplus, but Bank shall have the right to apply a!I or arsy part ct such wrpfus (cr to hold the same x a reserve) against arsy and all other liabilities of each or any Maker to Bank. Sank shall have, but shall not he I~mited to, the fatbvring rights, each of which may lie exercised at any time wl+ether or not this note is due: Is) to pledge or transfer this note and the Collateral, whereupon Bank shall be relieved of a!t duties and responsibilities hereunder and relieved from any and all Inability with -caplet to any COllateral s0 pledged O< transferred, and any pledgee or transferee shall for alt purposes stand in the place of Bank hereunder end have all flee rights to Bank hereunder; Ib) to transfer the whole or any pa: t of the Collateral into the name of itself or its naninee; Ic) to notily the Obligors on any Collst• oral to rrsake payment to Bank of any amounts dot; or to b•.come due thereon; (d) to demend, sue tor, collect, or make any compromise or settfen:ant it dams desirable with referonce to the Collateral; and Ie) to fake possession or rnntrol of any proceeds of Collateral. Pio delay or omission on the pa:t of Bank in exercising any right hereunder shall operate as a waiver of such right w of any other rigtst under Mis note. No ' +vaiver Or alteration shall be binding On Bank unless in a writing signed by an authorized Bank officer, and then only to the extent specifically set torch tfee?sin. t PresMtment, dems:d, protest and notice of dishonor, are hereby vraived by each and every Obligor. The taking of a renewal note without the signature of any f rtiaker Or erdorstrr Liable on this note shall not be deemed a payment a discharge of this Cbli9ation std the liability ueated hereunder sJssll continue until this t nose is paid in full. Tfee Obligors, jointly acrd severally, promise and agree to pay all costs of eo:leetion, including attorr?eys' fees eauai to 1016 of the smourtt financed, or such larger amounts ss may be ressortable and just if tx>Iltxted by legal proceedings or through an attorney at law, including appellate protxednps. , 3 511 Bowl i rag Green Way Tl1e undersigned acknowledge receipt of a camplaad Dopy of this note on ibis data. ,,,aar~tAtlanta, Ga _~~~t,_ ~ ~ p,,,.„~--~~ Isf~?u . - Ed rd A. Be son Address - _ ~ - - E eartora M. Aenson - _tt