HomeMy WebLinkAbout0495 IO 000.00 8mntmtal~r S lg AO Note
~ • Stuart, Florida. ~
6ee pawllent schedule brlcti+
after date the undersigned (and if more than one, each of them
jointly and rererally), hereirutter txucd Maker. promises to psy w the order o[
FIRST NATIONAL BANK AND TRUST QOMPANY OF STUART
T!lIRTYTnUUgA*iOANDQO/100---_..
at its o[fice at Stuart. Florida. Dollars
11ee 6 t ~1C'C
(which amount includes Proceeds of ~ Z9 r S25 • SD plus other 2e!•T~]t Y' I~ZaQt
of s 4 74. 0 resultingg in an AMOUNT FINANCED of s 000.00) ~~~t~n it ~~~1~AL IERCBNI'AGS RATE of
~ • o papablelOAtt11Y which resits in a FINAN~ACHARGE of = i~•~•~(Gomputed on a f~rppnth maturity. if
*~a:a~ o0n -1tlLfr~i tM'a>DI~OT lei {>~sn . (D~~) in the amount of i bare been
collected from Maker. As ~ecuriry [or the payment of this note Maker has pledged or deposited with Bank the [ollowin property:
furniture ~ fixtures invantorY, incl. chattel=, frlarchanai~.and a~l~t,~an #ble a oral ~
property- nos owned or area ter. acqu re : accoun rece~v~mfo incr. y-.R.t~ w pagrryarr~
g s so , ees or urns u er cotA rac or any ~ n •
cat. w..~ Q'* eRdf 11'tfffltt\ t1f1t11 S~~wr'tt+E+!' R,~j4RR tl? ttl~l1rll ~t1t~ Ml ! AtM! RA1 ANCE OF S2Q_010.Or.) anQ
_ accrua~! interest shalt be due and oavaDle. Pavlrf~nts shalt Da apptiad first to in t than
(inelttdittp all oasA, stock attd other dividsads attd all rtiyAts to sttbseribs Jot ssetrritisa iaeidex! to. declared, of praatad oeaaet~toti ~wifk
aurk property). w)<ie>t property, topstllet with all additions aced sttbstittetioas Astesjtet pbdyed or deposited witk Bank is oalbd tAs Col-
lateral. TAs Collateral u also pledped as +setrrity /or all otfiet littbilitiea (p?~irttsry, aseoNdary dirset. ooxtatpswt, sob, joist! or sstrerol),
due or to beoorae dtes or t+aJlitA Wray bs Aersajter eoattroetsd or acgrtir+sd, o saeA Jfiaksr (tbte~rtdaro sasA Maker attd any otfisr psrsoa)
to Batek. Tke sarrertdet of this xote, !!pore pay,ttertt or otAertoiss, sl?all xot yJset tAs rick! of Bank to, wtaitt tAs Colbteral Joy tttelt
other lbbilitiss.
Addltiose b. reduetioss ar esehasges of. a arbstitutloaa for the CoUaMral, parmsab os account d thls loss or faawses d the same. a other
loans made partWlr a wholly upon the Co1laNra}. mar tram time b 11zN sad• wWeout aHedisq tb pro?faioas d this aoN. bast shag exercise rsasos•
able care la the Custody and preeenatloa d the CoWleral b tM eaMat r•quind ~ appHcaBoa wtrde. and ahaD ba deemied b haw etates.ed »seoaabM
care i! ii tams such attics for shat putpoee a• Maker ehdl »asooaDlr rpwd In writing. but tee amissioa b do say set sot regteesMd br Mabr shall be
deemed a (allure b eserdse teasooabie eats. sad ao emirate b ooseplY with say »gwat d Maker shag d fAaeU be deemd a fathue b usrciss rea•os-
abls ca». Banc shall not M bound b hb any slap aeassa:r b preser?~ any riq>tb b tM CoflaMral agalsst prior partMs and Mortar shall tab all nee
esaary aNps la such purposes. Rant ore its aominN aNd sat coiled fatarest oa at principal d any CoBaMral or qhe say aotloe wYh rNgct b it
lE the Co11a1sral ahaD at say time beoosee uasatistacbry b Doak. Mstar shall within oeu day star dsmatad pbdge sad depoaft wNh Doak a. part d
the CoUaleral additional property which L satldadorr b Dad!.
U Bast deems iYelt inseaw. or capes rho hsppeabq d say d the bilowisq crest. each d which shall coastiluM a defattlt harwsder, a)1
liabilities d each Maur b Bent shah thereupon or therealNr, at tb optlos d Beat. without sorbs ar demand, beoase dw sad parabM: W Wiuir
of any Obligor (which terra shag mesa sad iaduda each Maker, cadency, aauety sad quaraabr d this noM) b perform any agresmeW herwndsr, b ~
pay interest heseoa wltWa ten days aflu B i• bWd or ofhen?ise »quMMd or dsmasded. a b pay say other 1<abitilr whataoerer b Doak when dw: W)
the death d say ObDgor: (e) the illtsq d any peWioa under the Daabupley Act, ar say almtlar isderal a stall statute, br or agairW any Obligor; (d) as
application tar the appdstmsa! d a t•osirsr for. the mating d a general aseignmeat for Me tenet!! d creditors by or the lnsolrsaty d any Obligor: (s) (
the entry d a judgment against mr Obligor: lf) the iasuis9 d +nr auaehteseat a qudshraeat. a the tiring d say Bas. agates! say property d any
Obligor: (ql We taitinq d posssadaa d ear aabstaatW part d Ihs jleopatlr d any ObUgor at the hutance d any gorernmesW autLoritr: (h) the dis-
solution. merger. oossolidatloo, ar teorganisatioa d any Obligor: (i) the aseigasesnt by say Mater d ear equity b ear d the CdFaMral wilhaW the written
consent d Daal~
Rant shall taw. but shall sot be limiNd b. the Wlowlaq rights, trek d which mar be eareiaed at ear Mss. whether or sot this aoM is dw: N
to pledge ar trassler this note and the Cojlaleral and Banc shsD thsreupoa b »Ilsred d all dutMe sad nspoasiWiitMs he:wndec and »Wred bass
any and all tiabiltty wpb respect b n?r Collatsrst eo pksdged oc trasder:ed, sad say pledgee or tranaferes shall for aB pspwes stand Ln the plan d
Beat hereunder and haw aB the right d Beat M»under: lW b transfer the whoM or any part d the Collateral lslo the setae d itseH a its aominee:
toil to rose the Collateral; (ir) b aotity the obligors an say ColLMral b nab payment b Bank d say amounts dw or b become dw thereco: (r) b
demand. sw for. coiled. ar mob say eaapromise or settlement it deers desirable with referaace b the Coflaltltal: and (rD b tab control d ear prtioeeds ~
of Coila/arsl. }
Beat it hereby gtres s Bea npoa sad a seeurlir interact b all property d each Obligor now a at ear Uttse heceahar fa We posseesioa d Rant
tts any upat3tr whabwrer, iscludinq but not limited b any balance or share d say deposit, trust. a agency aooount, ore secvttrr foe the Parmeat d
j this note, sad a aimtLr lien epos asd security interest is all such property d each Mabr as security for the payment d all other HabWtles d each Maker
f to Bank Wadudisg liabWtiss d each Mater and asr other psaos): and Banc shall bare the same tights as b such properly a• >t bas wWe respect b the
Collateral.
It Sant dews fteeU ineeeur~ or upon the oocu:reaoe d any deiaull bsrwsder Doak shag haw the remedMs d a segued party under the Uni-
form CommareW Code and. wlthottt limiting the generality d the forsgoitiq. Bast shall bare the right. immsdLNir sad without (turkey action it. b
set oft agafnat this cote aB mosey o+rd br Dart ib ear capacity b each or any Obligor, whether a cot dw. sad alw b set oti sparser a~D other
~ 1Lbilitiee d each Maker b Beat aII money owed by Beat b any eapsdty b each or sir Maker: and Bank shag be deemed b flaw etvsreissd snch
~ right d ae4ad sad b bare made a'eharge ageing say such mosey isemedtalafy spoor tM oanutesoe d each defsuh eren thougk nrcb chug. b made
or entered as the boob d Bank subeegwat tbsreb. Uaiw the Coaawal is perishable or thrsalatts b dedfae speedily its ralw a be d a type eus-
tcmarily void oa a reoogaissd scab!. Bast wUl qhe Maker reasonable sotto d the time sad pica d ear pubUc sell !hued oc d the time altar which
anp priraM saL of say other inlssded d4poaitloa thereof V b bs nude. ?he »quhsmeat d reasoaabb aotloa shall be met ii such aotioe >r mailed.
postage p»paW. b any Maker al the address gtrea bebw or at asr other sddnes shove oa tM records d the .Dank, at least Bye days bdore the time
of the sale or dispwMiaa. Upon dispasi8oa d ear ColiaNrtl after the oocusnaee d say default hsretmdK. Maker shall be and remain liable for ear
d•tidescr: and Bank shall aooo~mt b Maker for say sarphu, but Doak shall haw Ih~ tfgkt b apply all a any part d sue6 surplus (ac b hold the-settee-
u a reserre agaiesU asr sad aD other WbUitles d .adtt or any NakK b Bank.
No delay or omisaba as the part d Dank is e:adsisq say right hareuadsr shall operate a. a water d web right or d any other right under
this vols. pnseatmea4 dsmaad. peobat, sotto. d dlahosor, and e:Nasiaa d ritae without aotiae a» hereby waked br sad? and ererr Obligor. 2be
Obligors, jdsuy and se.eraBr. pramW and agree b wr aD oosY d odlsaiou sad atloraers' fees equal b 10'Xs d the pri>tdpal sum or such larger
amounts ore mar be »asowbfe sad )cast fsCUrtd a pefd by Dank fa esforebq thin nob upon the ooetureeoe d say dsfsuk Any soda b Matt shall
b• sulfidsstlr esned for all purpoese N placed to the mail, portage prepared. +eddreseed b or kilt upon the premfsee at. the addtsss shows below a any
~•r ~ taara.• t~+ar.~oriQ Parts ~/b/d Paris Inn Shopp
ffabr aekeowledgas »raipt d a aoapielad Dopy d this Note ore the above dell.
98 las G1as Oriva .S' e
ADDBESB:
Ja11=!A death. fl 3345'!
eseau
. ~qe ~
19c0 SAP -9. Af'! ?1~ 47
SLIU~IFCGON1Y.flA.
. - R(l6ER POITRAS
CIERf( CIFCUIT C('U,R.,T~Q
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gooK338 P~~E 494
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