HomeMy WebLinkAbout0237 ~ Southeiut earlk Consumer Loan Note and Securi A reemeftt
'~•,r~ 26-0087 _ _
Southeast First National Bask of Ft.Piarce ~ . ~ Fla.
• (Arhb+r•1
The words , n>• a n?1? mean a mowers anyone • se w o signs. a you a yow re er to asst snk
shown above. _ _ _ _
eorrowei s Name Kaitb R. ~ Brenia B. PietrosanteAddrsss 920 Francis Lane, Ft.Pierca, Fa Dste/27/80
This is the agreement that covers my loan with~yoSt. l understand that anyone who signs this agreement will be legally responsible
ttogether and irtdividusllyl for repaying the tots) amount owed. unless they are only s' Wing to give you a valid security interest.
Promise to pay. To repay my loan, l promise to pay you the total of paymsn own iri Item 11 below in 0 monthly
instalments of e - t 2 - 6 each. I'll begin making payments on St;°t _ 27_~ , 1 g
80 and will ;
continua to pay on the game day each month until the loan is paid in full. I'll make payments in person or by mail at the aK:k;ir
you specify. •
Nsre i a breakdnwrt of my Iwn: ~ Property Inwrance. 1 will keep the property securing this loan
1. Amount I received S 5 :000.00 inwred against loss or damage. l understand that 1 may purchase this
2. Appraisal tee Z t>8 inwranCe through you. in which case the coat and term wiN appear in
(For Rsal Estate Loans only) the loan breakdown 18 A Er B). or from anyone else 1 choose. Either
way. I'll make the policy payabh? to you.
3. Recording fee S n8 If 1 don't keep it inwrod or pay premiums on time. you can pay them
4. Optional credit fife for me or cancel tM pdicy and gat insurance elsewhero. If You do
insurance S 276.66 purchase such insurance elsewhere. you can select inwgnce which
5. Optional credit disability protects only your nnterest in the collateral o? which protects my
inwranCe S to interest and your interest. and in either case 1 will pay for any
7.95. premiums you advance with interest computed at an ANNUAL
6. Stslnptax S PERCENTAGE RATEof18%
7. Other charges !explain)
Right to prepay loan. 1 can prepay the entire balance of my ban st
S t~ any time: It 1 do, you will refund a portion of the FINANCE
8. Property insuance (atwworM+~umd 6nanc~d through twNJ CHARGE figured by the wm-of-the-digits rMthod 1a commonly
A. Flood inwrance........ S ^1L- used formula fo? figuring refunds On instalment loan;?
for months.
B. Physical damage But you won't refund any pg~o~~
investigation feq _~L~~L
inwrance . . . S nor
tor months- 5 , 284 61 Late payments. It 1 haven't paid an instalment within 1 O days of the
9. Amount financed 11 thru 8) S date it's due. I'll pay a late charge equal to 5% of the overdue
10. FINANCE CHARGE S 2,092.99 instalment. but not more than S5.
made up of:
A. Interest $ 2 ,042.99 Collection costs. I'll pay any collection costs, including rsasonabM
50.00 attorney's fees. if you take collection action.
+ B. Investigation fee 5
~ t Total of payments 19? 10) S 7,377.60 Entire balance due. If 1 don't pay an instalment on time or if 1 bream
ANNUAL PERCENTAGE RATE 14•~ 9f. one of my promises under this agreement. you can require me to pay .
NOTE: The tots) of appraisal fee, if any. (Item 2) and the investigation the entire balance of my ban (less the refund of FINANCE
lee (Item 10-8) vriN not exceed 2% of Item 9, or 650.00 whichever CHARGE to which 1 woukf be entitled in the event of prepayment!
is less. at once without notifying me in advance. You can also d0 this if I:
Credit Inwrsnce.l 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 I statements on my epptiCation: become involved +n bankruptcy or
want. 1 can purchase this insurance through you. purchase it from insolvency proceedings; or die.
someone else 1 choose, or assign en existing policy. 1 want the
insurance checked below for the temp of this loan: Security. To protect you if 1 fail to repay this ban. 1 give you as
}{~TRCredit life inwrancs on Borrower's life abase at the cost shown in collateral a "security atterest" under the Florida Uniform Commercial
item 4. Code in the tolbwjng property abng with any replacement
parts.
~ Credit disability inwrance on Borrower abase at the cost shown in add'ttons or equipment attached to it which 1 own, plus any proceeds.
item ~ rotum premiums and rebates from any credit inwrance or insurance
on the property securirg this ban. l also understand that this ban will
~ Joint credit life insurance on BorroMrei s life and that of Co- ~ severed only by the collateral described bebw regardless of any
Borrower f t l at tM cost shown in item 4. security provisions that may appear in other bans 1
may have with
S~ na~~ s. - $f 27/80 ,You s
9
Keith S. Pietrosaata Natal second- Mtt:_ I.ot 20, Block S; of Silver _Lake Pa>~
co-Borrower Itl Subdivision ss r Plat thereof as recorded itS
Signature Idatel at Reek 1 ~ at 5, of _~ha PnbLie Records
ae.l P of St. Lucie, Cotmty, Fla. ,
roperty. O lif checked hers) 1 am giving you a separate
;Cross out one) {Mortgage .
Agreement Not to Encumber or Trsnsisr Property
:o secure this lose on property boated at:
' c
r ~ e
U1dd?~ss or ~rrtumb~r~d proptlrty)
You have already given me the required Notice of Right of Rescission.
understand this means 1 have three 131 business days to charge my
mind and cancel this ban. 1 understand that you will start charging t
m•~ interest on 19 a
Additional agreornertb and provisions on reverse side. I have read
one additional agreements and provisions on the reverse side of this
agreement and I understand and agree to them.
O If this box is checked. ' is signing this agreement oMy
co give you a valid security interest and will have no personal legal responsibility on the ban.
I understand that this agreement, and if checked above, a document encumbering real property. contain all the terms
and conditions covering my loan. If any part of either of them is unenforceable. the remaining parts will reensin valid. I've
read this agreement and acknowledge that a fully completed copy of it s famished to me befor 1 signed i~
_ (se ~ ap
Keith A. Pietrosante BOOK PdGE rends B. pietrosante
- !seal) e ~ l ~
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