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Home My WebLink About0241 Southeast Bank Consumer. Loan Note and Security Agreement (~a~c~d s ~ •-?r. to Nsttt anal As~n1c ~ eE'R! _ 1Pistrcw . , ' ~.~if' . • ~ • r Fla. Southeast ~.ir-- , IArtiwr•1 The words , me ~ my moan a Hower ~ anyone • a• w signs. e w s you an yow re er to a ast ank shown above. _ - Borrower's Nang- Jim L. Batnaea Address •5204 Sunset Blvd. , Ft.Pisrca, FaDsts9/4/80 This is the agreement that covers my loan with you. 1 understand that anyone who signs this agreement will be legally responsible (together and irtdividuallyl for repaying the total amount owed. unless they are only - irtg to give you * valid security interest. ACS' Promise to pay. To repay my lose.l promise to pay you the total of payments wn in Item 11 below in 120 monthly instalments of tw 2.6_96 each. I'll begin making payments on ~ . 19 and wtll continue to pay on the same day each month until the loan is paid in full. 1'li make payments in person or by mail at the office you specify. Hari a a breakdown of my ban: ProperrtY Insurance. I will keep the• property securing this lose t Amount I received • . Z 12' ~ insured against loss or damage. I understand that 1 may purchase this 2. Appraisal IN S its inw?ance thrtwgh you, in which case tM cost and term will sppeu in lFor Asal Estate Loans only) the loan breakdown l8 A d 81. or from anyone else I choose. Either way. 1'A make tM poHcY WYE ~ Y~• 3. Recording fee S t~ ti 1 don't keep it insured or pay premiums on time. you can pay them 4 Optional Credit life for- me of cartcN tM policy and get inlursrtce ebewhere. If you do irtwrartce S ~~952. f 4 twrchase such inwrsnce slsewMn. You can select inwrsnw which 5. Optional uedit disability protects only Your interest in the collatsrsl or which protects my tut interest and your interest. and in either case 1 wiH pay for any inwrartce S premiums you- advsrtq. with interest computed at sn ANNUAL s. Stalnptax S 21-~ PERCENTAGE RATEof7i3'14 7. Other charges (sxplainl Right to prepay ban. 1 ear? prepay the snare balance of my ban at S any time. It I do. you will refund a portion of the FINANCE 8. Property inwrancA ahoww«+wwrr rrnsrrad ttwau0h tttrrrJ CHARGE figured by tht wm-ofthe-digits n+ethod (a commonhr A. Flood irtsuranps........ 5 used formula for figuring refunds on instalment bansl.K' fpr months. But ou won't refund any part of the B. Physical damage investigation fee inwrartce . 3 ^A for months. Late payments. If 1 haven't paid an instalment within 10 days the 9. Amount financed l1 thnr e) - - - . • • • • . S 13+973.64 date iYs due. 1'11 pay a late charge equal to S% of the verdus t 0. FINANCE CHARGE S 12.061.56_ instalment. but not more than s6. _ made up of: Collection costs. 1'N pay any collection coats. including reasonable A. Interest Z 12.011,.56 attorney's fees. if you take collection action.., + e. Invsstigationfee S_ 50_00 t t . Total of payments 19+ 101... • - • • • • • - - • • • - • S - 2b ..035 _ 2Q_ . Enpn balance dw. If 1 don't pay an instalment on time or if 1 break ANNUtAL PERCENTAGE RATE _ ~4-.~--'1t. «te of my promises under this agreement. you can require ms to pay NOTE: The total of appraisal fee. if any, (Item 21 and the inwestigation the entire balance of my loan fleas the refund of FINANCE tee (Item 10•e? will not exceed 2% of Item 9. or Sbo.00 whichever CHARGE to which 1 would be entitled in the event of prepayment) is less. at once without notifying me in advance. You can also d0 this if I: Credit lnsuartce.l understand that 1 don't have to take out credo Itfs miss a payment on another .debt t owe you: made misleading ~nwrartCe W credit disability insurance to qualify for this loan. But if 1 statements on my application: become irnrolved •tn bankruptry Or want. I can purchase this insurance through you. purchase it from insolvency proceedings; or die. someone else t choose. or assign an existing policy. 1 want the . ~ insurance checked babes for the term of this loan: SScurrty. To protect you if I fail to repay this ban. I give you as ~ rsdit life insurance on Borrowers life shoe at the cost shown in collateral a "security interest" under the Florida Uniform Commercial item 4_ ~ Cods in the following property abng with any replacement parts. Credit disability inwrancs on Borrower alone at the cost shown in additions or equipment attached to it which 1 own. plus any proceeds. i:em 5. • return premiums and rebates from any uedit irtsurartce or inwrance on the property securing this loan.l also understand that this ban will D Joint uedit life insurance on Borrowers life and that of Co- be secured only by the collateral described bebw regaMless of any Borrower at the cost shown in item 4. security provisions that may appear in other bans 1 may have with $Orrower f You Signature S/4/80 . . Jim L. Warless (date) Second Mort a Lot 10, Block 53, Indian Giver co-Borrower 111 Estates,- Gait Seven, acco it3g to the P at s~snatyre Idatel thereof, as recorded is Plat Book 10, QaBe 75, Flora a c the Public Records of St. Lucie Cotsaty, R ea I Pro . - O (if decked here) 1 am giving you a separate a J (Cross out one) { MOfTg~e - _t Agreement Not to Encumber or Transfer Property to secure this loan on property looted at: e f - - N t/?danss a.i+aMw.r.a rxooKgt • You have already given rrte the required Notice of Right of Rescission. t i u:~derstartd this means 1 have Three 131 business days to change my g rn,nd and cancel this ban. I undarstanti that you will start charging mr me interest on 19 h r Additional agreement and provisions on rwene side. l have read [hP additional agreements and provisions oft the reverse side of this _ u~reement and 1 understand and agree to-them. If thrs box is checked. is signing this agreement only to give you a valid security interest and wrll have no personal legal rssponsibiGty on the ban. t understand~hst this agreement. and if checked above. a document encumbering real property, contain all the terms end conditt covering my loan. If any part of either of them is unenforceable, the mmsining parts will remain valid. I've read th~ agreement and acknowledge that a fully completed copy of it was furnished to me beforo I signed it. / • ,l. - (seal) tseal? Jim a ~ ' ~~f ~P~ - _ Isea1+ ~ n ~ - ? - ~ yb.