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Home My WebLink About2882 i. .+1 t~..~. 1, 1~ ~ r g1~fJ~ ~ !~i w,!'t ~ f`f~•e,•!~!••: .llt'~l~t +w.l~~•"ltt w i1if•`a~..~•!If'-r ~{~1,~ ~~~~~\••r~ {t•~ ~1~•ra i~li 'cik~_ _ ..-1)~.-•••Ilfi" •!~I-=!~!--. 1~;•~:il•w~!(f~ 111='.:.f~l.~-tl~ ~fjl::;l~l~~- 'iiF. ;lt- •r ~.i~t~i~si~=:lt t~~=tt= DISCLOSURE NOTE FOR INSTALLMENT LOANS ~ - ~ • ~ t r First National Bank of Fort Pierce+ ~ - . ~~I~ (Al AmountReceivtad - • . _ s_ 4'620.00 BANK NAME ~ lel f4encium for Credit - i . • . _ _ _ -r_ i; _ ;Life/Oiaability Ins. tt s hone P.O.Box 970, Ft.Pierce, Fla•.1~334~50 ~ ~ tcl ~Oowtt+entary stamps s 7 OS • r. y l ~1 OFFICE ApORE55 IDI Cthtr Cha/gas (itemizel s-110C1t3 . IFJ t NOTE NO. DATED: March 11 I9.80 : IFI s none _ + Q~ IGI Amount Financed DuE: April 8y ' ,193t,3.., IA. B, C, D, E. FI S 7e.~O.,S.~~ _ • (M) Interest i1J PLACE: Pierce ,FLORIDA. 11? Loan Fee. _ - i- 2Q~QO ~ • For valet received, the undersigned (hereinaftN called "Maker") Jointly and severally (if fJl Other s _AOhe more than one) pron?ist to pay to the order of tM Bank, at its office listed above. tM Tots1 IKI S none of Pavmann lhom INI st rightl o/ $ 6 . SO6. $8 ~ Defiers payable in 9 6 IU i h,p~y,k;--- _ . actual monthly instsllmsncs of S 67.78 , tM tint IMI FINANCE CHARGE +nstalimer?t dw on MaY $ ~ , 19__,:r?d w IH, 1, J, K, LI = 1c. 879.83 btpwnt installments due on (NI Total of Payments IG + M) S y . ~O6.88 the 8 day of each month tlrereafta, togetMr with s FINAL BALLOON PAYMENT OF: ANNUAL PERCENTAGE RATE 9 . QO % a .done _ ovE nonce. , tf>~ The Bank sheN impose a dNingwney charge against the Maker on sny payment which f?as btcotnt dw end remains in defsutt far s period in expo of 10 days in an amount peal to JrK of cM psymertt in default. In tM evtne that tM Note is not paid in full st maturity, ell payments, vyfrstfrtr principal, interest or otherwise, ahsll bear interest at tM maximum legal rate allowed under tM Isw. All payments rr?ede hereunder shall be credited first to interest end then co printtipsl, hovwwr, in tM avant of default, tM Bank tray, in its sole distxecion, aPP1Y enll paYn?snt to interact, principal sndlor Iswfut cl?arga then aarued. It is tM intMCion of tM parties Mnco that tM provisions hernia shall not provide directly a. indirectly for the psymtnc of s greater rstt of interest or tM retention of say other ehargt tMn is allowed by law. It, for sny reason, interest in extxss of urclt legal rea or s charge prohibited by law shall st say limo be paid, sny such excess shall eitt?er constitute end be tested as s payrMnt on tM principal or be nfuntfed dinctty to the Maker. The Maker may Prpsy the M- fire unpaid bslsrtce of tM loan at sny tiwce. If tM loan is prepaid in full, socNtrsttd or nfinsnced, tM Maker shall receive s refund of the unearned portion of the interest and inwranq premiums computed by tM Rule of 76's method, except chat tM Bank shall be entitled to retain a minimum interest dtarge of =16.00. CREDIT LIFE AND CREDIT LIFE a DISABILITY INSURANCE ARE VOLUNTARY ANO NOT REQUIRED FOR CREDIT. Such inwrsnee coverage is available st the cost designated below for the tarn of tM credit: Ial S for Credit Life Mwrance Ibl S for Credit Li4 ~ Disability Inwrarree: Check ? Credit Lih Inswance is desired on tl?~ fife of 8irthdate Apps. ? Credit Life ~ Disability Inswsnq is desird on Bi.thdate Box ~rtdit Life end/or Disability Irtwrsnq is no re oat.: ~ Maed>t 11, 2980 signature Signature A F T E R ACaW RE0 fr110Pfe11TY1Mlll BE SUBJECT TO THE SECURIT1llMTFREST AND OTHER OR iUTURE INOEtTEBNESS IS SECURED ftY ANY SUCH fR~?ERTY AS fOllflVMi Maker hereby grsnn to Bonk s security interest in tM property, it any, described in the space below and in all other property of Maker now or hereafter in Bank's possession, end such security interest shall oleo secure ell other liabilities of Maker to Bsnk, vvhetl?er primary, secondary, direct or contingent, present or future. The aforesaid security interest excludes tM Maker primary residence unless said primary residence is described below. - Pinewood Subdivision Block 24 W~• of Lots 20 and 21 • If the Bank requires the Maker to obtain inwrance coverage against loss w damage to she collateral securing tM Makers indebtedness to tM flank, the Maker may obtain such coverage from any agent, broker or inwror acceptable to the Bank. !t is jointly end severally rnvenanted and agreed with the Bank by esth Maker, endorser, surety, gwrantor, and other party to this note (all of whom ore hereinafter for brevity coiled Obligor or Obligor) that: Berk shall exorcise reasorutbN cars in tM custody and preservation of the Collateral and shall be deemed to have exercised reasonable care if it takes such action for there purpose ss Maker shalt reasonably request in vwiting, but no omission to oomPh? with any rpuest of Maker shalt of itself bt deemed s failure to exercise reasorrsble core. Without limiting the generality of the foregoing, the Bank shall have no responsibility for ascertaining any maturities, tolls, conver- sion, exchanges, often, tender or similar maldrs relating to any of tM Collateral, nor for informing the undersigned with respect to any thereof. Bank chef! not be btwnd to take any steps necessary to preserve any rights in the Collateral against prior parties, and Maker shall take all necessary steps for strrlt purposes. Bank or its nominee Hood rat collect interest on a principal of sny Collateral or give any notice with respect to it. Right is hereby expressly granted to tM Bank at its option to transfer at sny time to itself or to its nominee any Collateral and to receive tM incarrre thereon and hold.{ame as security banter, or apply it on tM principal or interest due hereon a due on sny liability secured hereby. Upon the 1?apgnirg of sny of tM following events, each of which shall constitute a default hereunder, or if the Bank deems itself insecure, the entire unpaid balance of chic note and all other liabilities of each Maker to Bank shall thereupon or thereafter, at tM option of Bank, without notice or demand, become imme- d+ately due and payable: la) failure of any Obligor to perform sny agreement Mreunder or to pay in full, when due, anY liability whatsoever to Bank w arty in- stalment tMnof or interest thereon; Ibl tM death of any Obligor; Icl the filing of any petition under tM Bankruptcy Act, or sny similar federal or state statute, Dy or agsinat any Obligor; (d) an application fa tM appointment of a receiver for, tM making of s general assignment for tM benefit of creditors by, or the insolvency of any Obligor; lel the entry of s judgment against sny Obligor; Ill tM iswirtq of any attachments or garnishment, a the fiiirg of any lien, against . any property of arty Obligor; (gl the t:kirg of possession of any wbsrantisl part of the property of sny Obligor st tM instance of sny governmental authority; Ihl the dissolution, rrrrger, consolidation, or rsorganizstion of any Obligor; lit the determination by Bank that s material adverse change has ocarrred in the financial cordition of sny Obligor from tM caxfitions set forth in the most recent financial statement of sudr Obligor heretofore furnished to Bsnk,or from the condition of such Obligw as heretofore most recently disclosed to Bsnk in any manna: w tftac any warranty, representation; certificate, or statement of any Ubligpr (whether contained in this note or not) pertaining to or in connection with this note or tM loan evidetsced by this note is not true; Gl the asaignrrtent by any Maker of any equity in any of tM Collateral without the wrriten consent of Bank; Ile) failure to do all things necessary to preserve and maintain tM value and collectibility of the Collateral, including, but not limited to, tM payment of taxes and premiums on policies of inwrance on tM dot dote without benefit of the graq period. Unless the Collateral is perishable or thrtatns to decline speedily in value or is of s type customarily sold on s recognized market, Bsnk will g'we Maker rt'a• scnable notiu of tM elate and place of arry public salt thereof a of tM tinN after which a private sale will be held. The requirerr?ertt of nasonsbte notice shall . - be met if such notice is mailed, postage prepaid, to any Maker at tM address given below or st any other address shown on the records of tM Bsnk, at least ten days before tM time of the salt. Upon disposition of arty Collateral after the occu?nnce of any default hereunder, Obligors shell be end remain liable for arty ref iciertCy; and Bank shall account to Maker iw any wrplus, but Bank shalt have Me right to apply ail or any part of such wrplus for to hold tM asms ss a reserve) against any and all other liabilities of each or any Maker to Bank. Bank shall Mw, but shall not be limited to. the following rights, each of which may bs exercised st sny time whether or not this noes is dw: Is) to pledge er trar*sfer this note and tM Collateral, whereupon Bank shall be relieved of ail duties and responsibilities hereunder and relieved from arty and ell liability with respect to any Collateral s0 pledged or transterred, and sny pledgee or transferee shell for all purposes stand in the place of Bsnk hKeunder and have s!1 tM r+yhts to Bank hereunder; Ib) to transfer the whole or sr?y part of the Collateral into the name of itself or its nominee; Icl to notify the Oblgas on any Collat- eral ro make payment to Bank of arty amounts due or to become due thereon; (d) to demand, we for, cdlect, or make artt? compromise or settlement it daema desirable with refererta to eM Collateral; and lel to take possession or control of any proceeds of Collateral. No delay or omission on the part of Bank in exercising any right hereunder shall operate as a vveiver of such right or of any other rght under this note. No waiver or alteration shall be birnfing on Bank unless in a writing signed by an authorized Bank oflicer, and then Doty to the extent specifir:alN set forth therein. Presentment, demand, protest end notice of dishonor, art hereby waived by each and every Obligor. The taking of s renewal note without the signature of any make. or endorer liable on this note shall rat be deemed s payment o. discharge of this obligation and the liability created hereunder shall continua until thin note is paid in Lull. The Obligors, jointly and severally, promise and agree to pay all costs of collection, including attorneys" fees equal to 109(1 of the amount t~nanced, or such larger amounts as may be reasonable and just if rnilected by tegat proceedings or through an attorney at law, including appellate proceedings. The urtdersig ackno receipt of a mpleted copy of this nett on this dace. Address _3.42 Windward Lane, Apt, 205 t Ft. Pierce IsEAL) Fla. 3345 e C ld~ Addresf r r ~ -r ISEALI ~iR amie M. Culbreth`t~.c~ , BOOII~ ?d~~ 6U0~1(JiGJ PAGE