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Home My WebLink About0108 ~ Southeast Bank Consumer loan dote anc~ Security Agreement ~ChaNter 656, F.S.) \ suuci+east Firs*_ National Bank of Ft. Pierce ' _ tarr,:~atyr----- Fla s •.vords I me and my mean the borrower and anyone el;d wtio s+gris. The words you and your reiei to the-Southaasi E3ank .,:~n above. - _rower's Namw Hugh W. & Lucy K. H3skin- Addrras 7I3 Grandiriaw, Ft. Pierce, Fa. pate?/11/80 ..a +s the agreement that covers my loan with you. I understand that anyone who signs this agrearnent guilt he t~~tatty respunstble 'o.lathar and tndiwdually) for repaying the total amount owed, unless they are only signing to glue you a vat+v s~cunty rntesest c+a intZrESt rate on this loan is authorized by Chapter 656. Florida Statutes. O?rise to pay. To re aY my loan. I promise to pay you the total of payments shown in Item 1 1 below in -.~2~__ rnontFdy ~~~.=.a~ments of 5 1St. ZS each. I'll begin making payments on Aug. 11, ~ . 19. _ __._.-.and will ~~~cinue to pay on the same day each month until the loan is paid in full. I'll make payments in parson or try mall at the offtes . specify. era's a breakdown of my loan: Property Insurance. 1 will keep the property securing thts loan Amount 1 received S 8.00$ • 00 insured against loss or damage I understand t`+at 1 may purchase this Appraisal fee 5 !1a insurance through you. in which case the cost and term will appear in iFor Real Estate Loans only) the loan breakdown 18 A ~ B), or from anyone else I choose Either way. ('ll make the policy payable to you. 3 Recording fee S na If 1 don't kelp it inwred or pay premitms on trine. you can pay them _ a Optional credit life ~ for me or cancel the policy and get insurance etsewhe•g. If you do insurance S 1, 361.2$ purchase such insurance elsewhere. you can select insurance which Optional credit disability protects only your interest in the collateral or which protects my interest and your interest, and in either case 1 ~wll pay for any insurance S.~a _ premiums you advance with interest computed at an ANNUAL F~ StaMptax $ 14.10 PERCENTAGE RATEof189L. 7 Other charges (explain) Right to prepay loan. I can prepay the entire balance of my loan at S na ~ any time. If I do. .you will refund a portion of the FINANCE 3 Property insurance (showpremwmif ruiancod tMiwgt+ bank) CHARGE figured by the sum-of-the•digits method (a commonly A Fiocxi insurance S na used formula for (inuring refunds on instalment loans} ~u~?OG?flf for months. But Physical damage you won't refund any part of the ( investigation fee insurance 5 T?A for months. Late payments. If I haven't paid an instalment within 10 days of the ~ amount financed I1 thru 8) $ 9.,`375 _ 35 date it's due. I'll pay a late charge equal to 5i6 of the ovQrdue ~ FINANCE CHARGE S_$, 7T4, fi5 instalment. but not more than S5. m.ide up of: ~ - A. Interest $ 8.724 - 6S Collection costs. I'll pay any collection costs, including reasonable attorney's fees. if you take collection action. B. Investigation fee . 5 5(1. flfl Total of payments l9-}-10) $ 18.1SO . UU Entire balance due. If I don't pay an instalment :,n time ar if 1 break AiV NUAI PERCENTAGE RATE - - - 15 _ 096 one of my promises under this agreement. you can require me to pay - i+~Tc: The total of appraisal fee, if erg. iltem 21 and the investigation the entire balance of my loan pees the refund of FINANCE fl:~m 10-B! veil) not exceed 2"K of Item 9. or S50.00 whichever CHARGE to which I would be entitled in the event of prepayment) - at once without notifying me in advance. You can also do this if 1: ~rlit Insure 1 r nce. uncle stand theft don't have io take out credit Irfe miss a payment on another debt I owe you: made misteac:ing ,,:trance o? credit disability insurance to qualify for this loan. But if 1 statements on my application: become involved in bankruptcy or int. I can purchase this insurance through you, purchase it from insolvency proceedings: or die. I' ;~eone else 1 choose. or assign an existing policy. 1 want the _ r:r3nce checked below for the term of this loan: Security_ To protect you if I fait to repay this loan. 1 give you as -y'-'~~'rerir fife insurance on Borrower's fife alone at the cost shown in collateral a "security interest" under the Florda Uniform Commercial ''em Code iq the following property alorig with any replacement parts. Credo disability insurance on Borrower alone st the cost shown in additions or equipment attached to it which I own. plus any proceeds. 'i item 5. return premiums and rebates from any credit insurance or insurance on the property securing this loan. I also understand that this loan wilt - Joint credit life insurance on Borrowers life and that of Co- be secured only by the collateral described below regaraiess of any E 3orrower (1) a e cost sho n in item 4. security provisions that may appear in other loans t may have with ~~rower's ~ ~ ` ~ You. tnatur~ _ i ug as Idatel _ Second ~/Iortgage: -Lot 7, Block 2, Grandview i ~~-3^rrower !li - Gardens as per plat thereof recorded at plat E cnatuw l (date) R nh paq~16 Ptthlic R order cf S LhCL? gal Property. O (if cl:ecRac beret I am giving you a separate County, Florida nls out one) f - - ~ Agreement `got to Encumber or Transfer Property ~ cure this loan on pro~er[v located ar. - , n - lAddressor..-.:uanber..lprt~•~rty) - H 0 .:~3v? dfready _,iv?n me the : squired Plotice of Right of Rescission. o I ~ r;rand ibis means 1 hav4 tt!r2e (3) busin.as days to Change my - _ ~ ' -,r~'1 cancel ;ills loan. I understand that you will start charc;ing z ,lt~r~st on - _ 19 _ _ v' ~ •~riona'i agr:~ernents and pnwisions on reverse side. I haves read - - :.'.Jic+oval a_;re?ments and provisions on the reverse si(;a of ttlis v •~:n9nt and 1 understand anr.~ agree to them. v i . ` :rns box a r;hL~?d. _ is Sit;nin!I this egr?e-nant envy _i~ you a vapid s?CUrity interest and will have no parsonel l~. ~aI rotiponsrbdity on the loan - I ~ :ci?rstarlff that this agreement. and rf checked above, a document encumbering real property. contain all the terms ! i ~:onctitions covering in•i loan if any part of either of them is unenforceable. the rernaitunc ;v,ri c@m]rn v)lul I've .I pars • ! tii~.a<treernent artd .~cknowledye that a,fuliy completed copy of it ~ as furnished ?o me before I siG_r*ed it - ~ _ ;,;r~~~--, _ Fi ugh' W . H a skin ttcy ~ra`sTc~n. . - (seal) 6QOK~5 PAGE 1~rs• .l,l I _ _ - ,:,-F -