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HomeMy WebLinkAbout1352 . ~ 7~ ~ ~ ~ ~ / :~,te v( No:e soW4. ewnl Mount u F•nr hen •na TWSI of Ywe F~rsr Parent O~Met Pa~eesrs Parecar Due Due i'.?~ewr DYe - Payments 1 ~ Sak PROMISSORY NOTE AGREED RATE OF MTEREfT: In[Prest will be computed on the unpaid principal amotmt of the loan at the rate ofthirty percent per one hear dyed dollars per annum on dte first five hundred dollars, twenty-four percent per one hundred dollar$ per annum on that amount exceeding Five hundred dollars and not exceeding one thousand dollars, and eipJtteen percent pe une hundred dollars per altnum on Utat part of the unpaid principal amount is excess of one thousand dollars, all as provided for io the "Florida Consumer Finance ACL'.' - I!~ For value received, the undersigned jointly and severally promise to pay to the order of payee named above, at its above office. the ~ principal amount of the loan as stated above as"ArttountofNote."beingtheprincipal amount of this note together with interest at the agre-d rate ac above stated until fully paid. Payment of principal and interest shalt be madeinconsecutive monthlyinstaltments as indicated above j beernning on the above sated due date for the first payment and continuing on the same day of each succeeding month to and including the j a t¦~~~ sated due date for the final payment, If the principal amount of this note or if any installment is not paid when due.the unpaid princi• {~a1 amount shall bear interest thereafter at the above agreed rate of charge. From any payment made hereon, interest, at said rates. due o0 he unpaid principal balance of the amount loaned shall first bt deducted and the remainder of any such payment shall be applied on the un• p .ud principal balance anal paid. - The unpaid balance of this note, or any part thereof, plus accrued interest, may, at the option of the undersigned. be paid at any time. Default in the payment ofanyinstallment of theprincipalorinterest hereof, or an put of either, shall, at the option of the holder hereof, end without notice or demand, render the :hen unpaid balance of the principal hereof. and accrued interest thereon, at once due and payable I t this note is placed iin the hands of an attorney for collection because of default in payment or otherwise, the undersigned agree to pay the a cw al and.reasonable attgprty,fees a; ~eteaniaetj by,tae c~yrt,in wjtjt(z aw s, filt4 an¢ ~"d Fol[Rsript:lyding;actuai and reasonable expen ~ yes nrrepossession, x.?nn•• and sellin~bf any pfopert¢ ~ted~cd asf st~nti~ ati det~ro6f e_dbi the C~7fftrirt'~i w6iEh suit is filed. Should this conttar•[ be secured by rsiecthiq aaT~tendsnt ~SvttTitg arty fr+opett~ 6elaagTirta,w t6!-partie4lAlrefiotuDikitOtilAtitdpXrtitshereto violate or fail t~, c omply with aJty ofthe prnv{sion o.E tbisrS44jrayt ate, a; a r~strlt Ittergo~.the pa of herf~rp~ its a~t~ef,~6~r~d take possession of said ecutity and sell same as per the~trms'of the said security a6reltoen~dren in'~at evtdtllff paSree f8fay retiiir"due of the prottedS of such ~ al t• the unpaid balance due hereunder and reader the surplus, if any. fWe undersigned: or should there bt any deficiency or balanc! due, ,hen debtor hereby agrees to be liable tb~refor. ~ i Cause of action hereon shall arise ogle with reptett~to the carter aiipttnt [tlnattiig6ttfpfidr4ertatrnder raft! Rein[ any unpaid principal ~ t. glance and accrued interest <thereon. jg fyr?ber stogsid~44~~iiaiu vf>~1yep ~grag44'gg,Wts I. ~~pp~~srsped )on y and severally waive and re- I I case P avte and its agents artd etdpbyees from any~and all'tlafms or t`.atrses of aedat wtr~b-tioid`txtsc of mar apse iri the [umre io respect in.•asion of privacy,libr~,slafde+,mahitilarts ptasecutioe.tonvlmsiCgjliarraiistrrent atd/4tr"othp.l0tt =c6orlslartsingfrorq.collection activity. , t related activity in connection with this contract. Undersigned further agree tha(Fayee gr,tts assigalee play, rttttove this contract and other reload instruments 6om the state of Florida and instigate legal action in•3~riiy contl b'avitts fttristfic[iori irr an~+adler state in which the 61ing, f ;uch action may bt legal, as determined by the laws of the state is which legal- attioa is filed by the Payer. Io the event any insurance ~~~enng the security for this loan. credit li[e insurance on any Debtor's life, accidtat and health insurance and/or any other insurance writ- t rn in conjunction with this loan, or purchased with am proceeds of this loan.ia cancelled undersigheddebwrs herewith authorize and direct I it,~• rttsurance companies and their agents to pay direct to the Payee any and all refunds of premiums for such cancelled insurance for appli- ~ at ton on any unpaid balance on this note. Undersigned, jointly and severally, waive any rights to notice of such caacellatioa aadpayments l t., Payee. The makers, sureties, endorser, and guarantors hereof jointly and severally waive demand for payment, notice on non-payment, protest and notice of protest of this rate, release of all or a part of the securiq altd/or any co-signer or co-maker and consent to extension o! time of payment without notice. All patties hereto further agree, both jointly and seven ly to wave any and all rights Of e:esption o[ e~cry {,ind to which they may he rntitled under the laws of this or any other state in which legal action may be instigated under this agree- ment and/or any underlying agreement. i ` l~hc Payee herein named is licrnsed by the state ofFiorida to make loans in sums of [wo thousand and [ive hundred dollars(s2.500,00) i ;~~~r;uant to Section 516. Florida Statutes, as amended: and this loan has bern made and this note is subject to the provisions and tc:ms o[ the Florida Consumer Finance Act and to the Rules d Regulations of the Comptroller of the Start of Florida. A statement of this loan has teen deliver d the bo t equired y sal ct. i i ~ d •[AL? w a.a ss _ _ ~ riEAL/ W~ir,ESi ~ w~Tncss SEE REVERSE SIDE FOR OTHER IMPORTANT INFORMATION