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Home My WebLink About2962 Southeast Ba~k• Consumer loan Note and Security Agreement (Chapter 656, F.S.y `%~r~~~' 2 6-0076-5 . 3~00@~C veal--Saa3~o~t7-Rt~etcca--_ Fla IAA n,.~et i ho words ms and my mean tFi~e harrower and anyone else who signs. The words you and youi islet to the ~o~'ut-heart Bank ~:t~own above. E3orrowet's Name Arlee Oxendine & Annetta Oxendi,A~tress 1772 Gulfstrean Ave. C-2, Ft. Date S/23/80 This rs the agreement that covers my loan with you. 1 understand that anyone who signs this agreP~f~trfaJl ~laega~r~~rtsrbte Stogether and individually) for repaying the total amount owed, unless they are only signing to give you a valid security interest The interest rate on this loan is authorized by Chapter 656. Florida Statutes. _ Promise to pay. Tor stay r~ty loan, l promise io pay you the total of payments rho in Item 11 below in monthly +nstalments of ~ 2~L • 3i each. I'll begin making payments on lung 1g~~ ^,nd will continua to pry on the same day each month until the loan is paid in full. I'll make payments in parson or by mart at ttte office you specify. Nere's a brsakdow my losn:' Property Ins our- nce. t writ ke the ro err secwin this loan 1 Amount 1 received c Z3 t_000.00 insured against toss or damage. 1 enders and that t may purchase this 2 Appraisal fee $ Ra _ insurance through you, in which case the cost and term will appear rn 1 For Real Estate loans only) the loan breakdown (8 A & B?. or from anyone else t choose. Either way. I"II make the policy payable to you. ~ 3 Recording fee S na ~ If t don't keep it inwred or pay premiums on time. you can pay them f 4 Optional credit Irte for me or cancel the policy and get insurance elsewhere. If you do insurance S na purchase such inwrance elsewhere, you can select insurance which ~ 5 Optional credit disability protects only your interest in the collateral or which protects my Ra interest and your interest. and in either case t will pay for any insurance . S premiums you advance with interest computed at an ANNUAL 6 Statnp tax S PERCENTAGE RATE of 189!.. 7 Other Charges (explain) ` Right to prepay loan. t can prepay the entire balance of my loan at - - S na any lima. If do, yov will refund a portion of the FINANCI~ 8 Property inwrance (show premiumir Rnaneed through t,anW CHARGE figured by the wm-of-the digits mettwd (a commonly A Flood insurance S na used formula for figuring refunds on instalment -loans) aher first for months. deducting 528.00 or .5% of the total of payments (item 11 whichever is greater. But you won't refund any part of the B Physical damage investigation fee or an amount of less tl?an s1.00. insurance S Ra ; for months. - Late payments. If I haven t paid an instalment wythin 1 O days of the 9 amount financed (1 thru 81 . . . . S 13, 019.65 date it's due, 1'11 pay a late charge equal to 5% of the overdue t o FINANCE CHARGE $ 9, 014.39 instalment. but not more than S5. _ made cp of: Collection costs. 1'tl A. Interest S 8.964.39 pay any collection costs. including reasonable attorney's fees, if you take collection action. 3. Investigation fee S 50 _ 00 t Toca1 of payments (9-1-10) g 22.034.04 Entire balance due. If I don't pay an instalment on time or if t break :.NNUAL PERCENTAGE RATE ~ 16. Sl % one of my promises under this agreement. you can require me to pay V OTF: The total of appraisal fee. if any, (Item 21 and the investigation the entire balance of my loan Mess the refund of FINANCE r.ae (Item 10-8) will not exceed 2% of Item 9, or S50.00 whichever CHARGE to•which I would be entitled in the event of prepayment) I~ss at once without notifying me in advance. You can also do this if t: i; redit fnsurance. 1 understand that !don't have to take out credit life miss a payment on another debt I owe you: made misleading ,~-,su:anca or credit disability insurance to qualify for this loan. But if 1 statements on my application: become involved in bankruptcy or ant, I can purchase this insurance through you, purchase it from insolvency pracsedings: or die. someone else I choose, or assign an existing policy. 1 want the +.>urance checked below for the term of this loan: Security. To protect you if (fait to repay this Loan. I give you as ~i Credit life insurance on Borrower s life alone at the cost shown in collateral a "security interest" under the Florida Uniform Commercial item 4. Code in the following property along with any replacement parts. Credit disability insurance on Borrower atone at the cost shown in additions or equipment anached to it which 1 own. plus any proceeds. +tem 5. return premiums and rebates from any credit insurance or insurance _ on the property securing this.loan. 1 also understand that this ban will ~omt credit life inwrance on Borrower's life and that of Co- he secured only by the collateral described below regardless of any Borrower (t1 at the cost shown in item 4. security provisions that may appear in ocher !Dens !may have with •;naturs Idatel Second Mortgage ~c-8orrowsr (11 _ - •:+nature - (date) Lot 1 Block 1, Orange Blossom Estates accordinq~ rr ,al Pro to the Plat thereof as recorded in Plat Book 11 • ^ perry. O (if checked here) 1 am giving you a separate peas 6-,, ar_r~.n ing Yq l~trhlir RPrnrri of ~tw Q >>5 Luc ones { MO1rtgage Lucfe County, Florida <?greement Not to Encumber•or Transfer Property • s~~ure this loan On property located at: ~ - a (Address or encumbered ProPerryi v gave already given me the required Notice of Right of Rescission. $ 0 +irrstand this means I have three {31 business days to change my _ - ~ ~,d end cancel this loan 1 understand that you wilt start charging +nterest on 19 ~ o dditionat agreements and provisions on rsvsne side. 1 have read N additional agreements and provisions on the reverse side of this ~ ~__;reement and 1 understand and_agrse to them. J ' 1 f this box is checked. is signing this agreement only ' i ! ' ~ gw9 you a valid seCUnry interest and will have ro personal legal responsibihry on the loan. 1 understand chat this agreement, and if checked above, a dpcument encumbering real property, contain all the terms <+r~d conditions covering my loan. If any part of either of them is unenforceable. the remaining parts will remain valid. I've r;~ad is,agreement and acknowledge that a fully completed copy of it was• furnished to me before I signed it. - (sea)r A UR (seat) (seal) BOdK ~ PAGE lees)) - _ ;