HomeMy WebLinkAbout1391 - , So`u-theast eartk Consumer loan Note and Security Agreement tCt>ap~g
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Tha<.wotds, ww .my mean~the. anyq~ ~who.slgns. • 1?at rsw?a to
Shown above. , ~ •C . . ~ ~ ~ ~ •
Borrower s Name Gews~ 6 Erika. 6411 S . Indian ltivrr Dr. , , Ft.piolla• !/23/x0
This is the agrNmertt that covers tTly loan with you. 1 urtderstsnd that anyone who signs this agreement wiN bs legally responsible
(together and individually) for repaying the total amount owed., unless they are only signing to give you a valid security interest.
s ~ .
PromiN to pay. To repay my ban, l promise t0 pay you the total of payments shown in Item 11 below in 120 monthly
n;calments oft 365.42 each.1'11 begin making payments on OCt • 23 • . 19 ;red will
contknue to pay On the same day each month until the hart is paid in full. I'll make payments in person or by mail at the ofiics
you specify. Lift Ina. 20,000.00
Hari s a breakdovwtaf my loan: Property Inwrance. I will keep tM property securing this loan
' t Amount 1 received s 22 • ~ insured against loss a damage. 1 understand that I may purchase this
2 Appraisal fN s na insurance through you. in which case the cost and term will appear in
(For Real Estate hoans onlyl the Ivan breakdown 18 A b 81. or from anyone ekte 1 choose. Either
3 Recording fee S >Ai way. CM make tM Po~Y payable to you.
N 1 don't keep it insuad a pay premium os time. you can pay them
~ Optional credit life for me a caravel the policy end get insurance ebewhere. If you do
insurance = 1,500.00. prtrdnse such iraursnoe elsevirMa. you can sektct iswance which
5. Optional credit disability protects only Your interest in the collateral a which protects my .
t0i interest and your interest. and in eithe? case 1 will pay for any
insurance t premiurr?s you sdvsnq with interest coaKxrted at an ANNUAL
s Stamp tax t PERCENTAGE RATE of1>sli~
7 Other charges Iexpltinl .
. s nt flight to proper loan. 1 can prepay the ermine balance of my here st
any time. If 1 do, you will refurd a portion of the FINANCE
8 Property inwrsrt~gtshowixeewn?if srw,~,.s MMOngA tr«+w CHARGE figured by the sum-ofd~e-digits method (a
A. Flood issuance i >t>~ used formula for rofunds on instalment bans)
for months. .
But ou won't refund-~o~
e. Physical damage investigation lea eX~ f~il~. -
inwrance toi
E
for months. hate payrnertM. if t haven't paid sn irwtNrnent within 10 days of the
9 Amount financed (1 thru 81 S ~ •535.40 date iYs due. I'll pay s late charge •4ur to 6% of the ovsrdw
t o. FINANCE CHARGE s 20,315.00 instalment. but not more than s6. _
made up of: 20,265.00 Collection coots. I'll pay any collection costs, includirq reasonsbls
A. Interest S - atxrsey's fees. if you take collection action.
• B. Imrestigationfee S- 50.00
t t . Total of payments 19+ 10) ............_-~3 850.40 Enrtire balenoe due. If 1 don't
ANNUAL PERCENTAGE RATE % ~ ~ per sn instalment on time or ff 1 break
• N GTE: The total of appaisal fee. if arty. hbm 21 and tl+e aOfr`i~ under this agreement. you care require me to WY
~ the entire balance of my ban Iktee tM refund of FINANCE
roe Iltsm 10-8) will not exwsd Z% of Item 9. or 160.00 whichever CHARGE to which 1 would be entitled in the evert of papayment)
~s less. at once without notifying me in sdvsrice. You can ahtio do this if I:
Credit Ineuranq, l understand that I don't have to take out credit lih miss a payment on soother debt 1 owe you; made misNsding
insurance or ixedit disability inwrence to qualify for this bas. But if 1 statements on my application; became involved in bankruptcy or
want. I can purchase this inwancs through you, purchase it from insolvency proceedings: or die.
someone else I choose. or sssi~ sn existing policy. I want the
insurance Checked below for the term Of this bas: SeWrky. TO protect You N 1 fail to repay this ben. 1 give you as
;~~Credit lih iratusnp or. Borrower
s life abase at the coat shown in collateral s "security interest" under the Plaids Uniform Commercial
item 4. Lift Itss. 20,000.00 Code in the folbwing property along with say aplaeement parts.
O Credit disability inewanoe on Borrower alxce at tl+e coot shown in tiddniora a equipment attacl»d m K which 1 own. plus any proceeds.
item 5. ret+rrn premiums and rebates from say credit irauance a iraurancs
t7 Joint credit lih inwrsnce on s Ida and that of Co• en ~ ~ secwing this ban. l also w+derstand that this ban will
. Borrower It1 st cost m item 4. be only by the collateal described bebw agardlen of any
severity provisions that may appear in other bane 1 may have with
Signa~tuns 9/23/80 _
George Packha¦t Idstel Seeobd ldArtltaa~ Description on re(varaa side
Co-Borrower !11
Signature _ -
ldaU) - - ~ s
Reel Property. O lif checked heal 1 am giving you • separate _ ~
(Cross out one) { ftAortga~ ~
Agreement Not to Encumber or Trsnshr Property
to secure this loan on property located at:
N
w
~ (Add?~ M,neiNnp,ew prap~rtr)
f
~ You have already given me the required Notice of Right of llsspssios. St
( understand this means 1 have three l31 business days to change rrry a
I mires and canCN this ban. I urxlerstand that You will start charging
~ me mterest on 1g
Additional agreerrtems end pnOVieiorM On revere erde. 1 haw sad N
the additional sgreen+ents end provisions on tM reverse side of this
agreement and 1 understand and agree to them.
O I/this box is cMcked. is this agreerr~eM a~
to give you a valid security interest and vrill hew no personN ktpM responsibility on the ban.
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understand that this agreement, and if checked above, a docuntertt encumbering real property, contain ara the terms
and conditions loan. If any part of either of them is unerttorceabN, the remaining pa~ wtll antiin vei'id.1'w .
r read this al~td that a fully completed copy of it was famished to me before 1 signed it. "
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