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Home My WebLink About2279 r -r.- - _ . _ _ _ _ _ ,T w.. . , - - - + a~ ~ Southeastit Bank Consumer loan Note and Security /lgreeme~t (Chapter 656, F.S. 24-2892-9 Firl;t Na fonat Bank f Ft Pie_~ce ` ~ ~ ~ ~ " fla (AM~aa) ~ The rMl a my meant mower a anyone a ss who signs. wor s you a you. re er tot t ast ank shown above. 8orrower's NameFrank Brova Ir. & Martha A. Brova Address1046 Bywood Ave. , Pt. St. Luci e, tbte 5/2/81 This is the agreement that covers my loan with you. 1 understand that anyone who signs this; agreement will be legally responsiblc: (together end individually) for repaying the total amount owed. unless thoy are only signing to give you s valid seWrity interest The interest rate on this ban is suthaitsd by Chapter 858. Fbrida Statutes. Y a Promise to pay. To re y mYY loan, l promise to pay you the total of payments shown in Item 11 below in 84 monthly instalments of Ste. 2 ~ • 70 each. f'N begin making payments on ?une 2 , ~ .19 8 . and veil ~ - continue to pay on .the same day each month until the bsri is paid, in fu8. I'll make payments in person or by mail at the office you specify. H ere's a tt+reakdown of my ban: Property Inwartce. 1 wiM keep tM property securing thra ban 1. Amount 1 rogiwd =13.500.00 insured against bss or damage. I undersland that f may purchase this 2. Appraisal fea ......~........:na insurance through you. in which case the cost and term will appear in (for Real Estate Loans only) the ban breakdown 18 A 8 B?. a hom anyone else i choose. Either way. PII make the policy payable to you. - 3. Recording fee sass ~ If 1 don't keep it insured or pay premiums on time, you can pay them 4. Optional credit lih for me or cancel the policy and get insurance elsewhere. If you do insurance • • . • • • • S Ra purchase such insurance elsewhere, you can sabot insurance which 5. Optional credit disability protects only your interest in the collateral or which protects my interest and your interest. and in either case 1 wiN pay for any inwrsncs t premiums you advance with interest computed. at an ANNUAL 6. Stalnptax t 20.4 PERCENTAGE RATEof18li~ 7. Other charges (explain) - Right to prepay loan. 1 can prepay the entire balance of my ban at S na any time. If I do. you will refund a portion of the FINANCE 8. Property insurance lsnoworem.ie?d runced mourn tank) CHARGE figured by the sum-of-the-digits method fa commonly A. f'loodinsursnce........:na used formula for figuring refunds on instalment bans) after first for month. deducting 125.00 or .5% of tM total of payments (item 111. whichever is greater. But you won't refund. any part of the B. Physical damage investigation fee or an amount of less than 11.00. - insurance S na for month. Late paymsnb. If 1 haven't paid an instalment within 10 days of the 9. Amount financed (1 thru 8) S 13..520.40 ~ date iYs due. I'll pay a late charge equal to ti% of the overdue 10. FINANCE CHARGE S 8.714.40 instalment. but rat more than =S. made up of: A. Interest S 8 ~ 664.40 Collection cosh. I'll pay any eallection .:oats, ir?dudiny reasonable attorney's tees. if you take collection action. + B. Imrestigation tee S SO _ 00 t t - Total of payments (9? 10) S 22.234.80• Entire balance due. If 1 don't pay an instalment on time or if I break _ ANNUAL PERCENTAGE RATE 1~-96 one of my promises under this agreement. you can require me to pay + NOTE: TM tots) of appraisal fee, ii any, (Item 2) and the investigation the entire balance of my ban (less the refund of .FINANCE fee (Item 10-8) will not exceed 2% of Item 9, or :50.00 whichever CHARGE to which 1 would be entitbd in tM event of prepayment) is less. at once without ratifying me in advance. You can also do this if I: Credit Irtsurence. I understand that 1 don't have to take out credit life miss a payment on another debt 1 owe you: made misleading insurance or credit disability insurance to qualify for this ban. But if 1 statements on my application: become involved in bankruptcy a want. I can purchase this insurance through you, purchase it from insolvency proceedings; or die. someone else 1 choose. or assign an existing policy. I want the insurance checked bebw for the term of this loan: Security. To protect you if I sail to repay this loan. 1 give.you as ? Credit life insurance on Borrower's life abase at the cost shown in collateral a "security interest" under the Fbrida Uniform Commercial item 4. Code in the folbwing property abng with easy replacement parts. ? Credit disability insurance on Borrower abase at the cost shown in additions or equipment attached to it which I own, plus any proceeds. item' 5. return premiums and rebates from any credit insurance or insurance on the property securing this ban. l also understand that this ban will ? Joint credit life inwrance on Borrower's life and that of Co- be secured only by the collateral described bebw regardless of any Sorrower I1) at the cost shown in item 4. security provisions that may appear in other bans 1 may have with Borrower's you Signature Idatel Second Mortgage: Lot 14 Bock 455, Pt. St. Luci• co-Borrower 111 section Ten, acCbrdin t0 the plat thereof as Signature Idacel recorded in plat book 2, -pages 49 and 49~i thru 49G, of the public records of St. Lucie '4 Real Property. O (ii checked here? 1 am giving you a separate rtnriria ~ )cross out one) { fdortgs9e Subject t0 mortgage in the amount of S45, 200. 1 Agreement Not to Encumber or Transfer Property ~ to secure this loan on property boated at: 8 his wife to Citizens Federal Savings i& Lnen A ( ~ (Address d erkwntersd property) • • E You have already given me the required Notice of flight of Rescission. .324/78 filed 3/31/78 in O.R. BOOk 284 page t I understand this means 1 have three 131 business days to change my mind and cancel thin ban. I understand that you will start charging O 8 Ce reCO 3 O t. tiCie ty: Fl me interest on 19 ids, which mortaaoe Grantees herein assume t Additional agreemsMs and provisions on reverse side. 1 nave read and agree t0 pay. I t the additional agreements and provisions on tM reverse side of this ~ agreement and 1 understand and agree to them. ? If this box is checked. is signing this agreement only to give you s valid security interest and will have no personal legal responsibility on the ban. I understand that this agreement. and it checked above, a document encumbering real property. contain all the terms and conditions covering my loan. If any part of either of them is unenforc the remaining parts will remain valid. I've read t "s agreement and acknowl that a fully completed copy of it as rnished to r 1 signed it. (sea (seal) Martha A. Brova Frank. Bro r • ~ - (seal) ~ (seal)