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HOME IMPROVEMENT INSTALLMENt'~ONTIFA+CT i NOTE s - siw ~
~
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p~ .July
14 - ~~$Q_ c ~arrv B . Arnold
(oa1Nd Buyer a Owner herein)
(REAtE PRINT) (Name of Buyer or dher Qo•Ruyer)
~t pi groe ~ s~Florida ~
~y, +„,.i r? Ti~Au~tri pa nf_ :aTPAs Tnc! _ (pMed COntrattor frerein) NeC,$C011229
(Contrac'tors No.)
Contractors Ilddrassfi~01 (lenr~ia Ave . pq~~(egt Palm Beach ~~"lo;,
TidB up 33405
SaNeman's Name Mi r~t,aal ~;aunder.s HS 000122
TM contractor a~nee !b sNl and tM Buyer (both la"ti!? and severely) agrees to buy. pursuant to tM TEIq/S sTATEO ON THE FACE
NANO RACK OF THI= COlITRAC'T. tM following goods end services. or services (property rmprowmants) for the modemuriion, n•
habilitation, repair. alteration. or improvement of premise (calved tM "property improved" herein) described and identified as:
Number and Street 70n~ HAn+i~ tOn Avenue CityFort PiereeCoumy~~ • Lucie strieP'loridS
me raoord owner(s) of said real estate is (an) Arnold _
Worts on tl?e Property Improvement will begin on or about T??~_ and wiN Oe completed on or about 0
(approy)• ~ -
DESCRIPTION OF PROPERTY IMPItOtiEMENTB - (List beknr work performed and/or goods and material furnished or installed refer
to and attach worse order and/or spseiikation. N any)
Vinvlvrai~ Snffjtt and ~ec~ia Svetem '
PROMISSORY NOTE COMPUTATION OF 'fOTAI OF PAYMENTS
FOR VALUE RECEIVED, the undersigned Buyer promises to pay AND DEFERRED PAYMENT PRICE
Holder (meaning Contractor a any assignee of this contract) the (1) CASH PRICE ; 138K . 00
TOTAL OF PAYMENTS of : in con-
secutrv~ monthy installments of i each, beginning (2) DOWNPAYMENT
1 mont~r from the date of completion of the property improve- Cash Downpayment ;~=.j~
ment unless a different first payment day is specified here Trade-In (Net) ; N~_
R/t n /Rn ,and payable on awn date of TOTAL DOWNPAYMENT
each succeeding month thereafter -together with afinal/balkwn (3) UNPAID BALANCE OF CASH PRICE ; 1385.00
payment in the amount of due N~A (4) OTHER CHARGES
Y,LA .Payments to be made at place designated ey Hokter. Buyer may choose through whom in-
The FINANCE CHARGE begins to accrue from the date of the surance is to be obtained
completion of the Wop¢rty isn_prowmeret unless a different date Credit Life Insurance - ; N A
is inserted hero T ~ ~f30 N ariy Credit Disability _
instaNmentpaynrent provided herein is not made within 10 days Insurance- ; N A
after its due date. Buyer agrees to pay late charge of 5% of Documentary Stamps ;
such irrstaNnrent or;5.00 whichever is less. in addition to the OtherSP~-Fees ;
regular installment. Buyer also agrees to pay any court costs Other ; 0 5
and attonrsys tees of 10~ of flee amount due and payable TOTAL OTHER CHARGES - ; 19.
under this contract or such larger amount as may be reasonable (5) AMOUNT ADVANCED FOR DEBT
and;ust N this contract is referred to an-attorney. If any install- CONSOLIDATION - ; I'i A
meat on this Nate is not paid when due, the entire amount um
paid heron shah become due and payable forthwith ri the (6) UNPAID BALANCE/AMOUNT
election of the Hokfer of this Note. FINANCED = 1404.0 5
I~ The makers end endorsers of thjs Note hereby severely waive
presentment, demand, protest end notice of dishonor. Interest (Home
Improvement) ; 289.87
Should balance ba prepaid in full-prior to maturity date, a refund. Interest (Debt
j of the unearned portion of the FINANCE CHARGE will be cal- Consolidation) ;
culated by the "Rule of 78'S "method after first deducting an Other ;
acquisition charge of ;25.00. ~ Other - ;
As sewrity~for the payment and performsnoe of Buyers obNgs- (7) FINANCE CHARGE ; 289.87
lions under this contract Buyer shall execub and deliver to
Contractor s Rsal Estate Mortgage on the Property Improved. (8) TOTAL OF PAYMENTS 1693.92
TIME IS OF THE ESSENCE IN THIS CONTRACT. Pa - Sum of (6) & (7) ;
y ;9) DEFERRED PAYMENT PRICE
ment of this Note is subject to the terms of this HOME Sum of (1). (4), (5) & (7) ;1693.92
IMPROVEMENT CONTRACT of even date between maker
and payee or mortgagor and mortgagee. - (10) ANNUAL PERCENTAGE RATE 18.14 ~
CREDIT LIFE INSURANCE IS NOT REQUIRED FOR CREDIT.
COVERAGE IS AVAILABLE FOR THE TERM OF THIS AGREEMENT AT THE FOLLOWING COST:
Credit Life ; -L'~y~A.-
I desire credit life insurance iii f
A A~~A
Date Buyer Co-Buyer Date
Buyer acknowledges receipt of an executed copy of this
HOME IMPROVEMENT CONTRACT and two completed
s copies of the notice ~of Buyer's Right of Rescission under
the Consumer Credit Protection Act.
SELLER REPRESENTS THAT HIS NOTES AND/OR
i NOTICE TD OWNER
~ MORTGAGES ARE ROUTINELY SOLD TO FINANCIAL
INSTITUTIONS. (A) DO NOT SIGN THIS HOME IMPROVEMENT CON•
• TRACT IN BL(1NK.j~ ~1 ENTITLED TO A COPY
The Contractor states that the above work is covered by: - ~ THE CONtRAC7i71T ~~IE~IIE YOU SIGN. KEEP R
TO PROTECT YOUR LEGAL RIGHTS. (C) ANY HOLDER
dF THIS CONSUMER CREDIT CONTRACT IS SUBJECT
Workman's Compensation Yes_.X_ No TO ALL CLAIM ~h E 'W~H THE DEBTOR
COULD ASSER~')tGA1NST ~k`ILER OF GOODS OR
Public Liability Insurance YesJL_ No SERVICES OBTAINEDp} P~BS~~ yj HERETO OR WITH
THE PROCEEDS HE,iEEO~:y.~REt3011>~Y-HEREUNDER BY }
Or that the Contractor is qualified THE DEBTOR SHAL4 HO'ir' ~ OUNTS PAID BY `
as aself-insurer: Yes_~. No THE DEBTOR HERELRND~iI"
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