HomeMy WebLinkAbout1396 ~lttl if . K vJ1t ~`.Ir~` ~+~:..~\~q~~lte.., , ~ +~li.~-.: +i ~ •f: •SIM.Pvpgb _v'.. .;Y. t _
's~ Southtast Bank Consumer Loan Note end Security Agreement
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Thel~•etds• -ms? ~ m)? meee* _ anyoetaR who. spree. words yore ~ yoteiritn ta_ .
shown above. ~,f . , >r~ ~ . ` ~ ~ Pi>l~aa ~ 9/2~/s0
Borrower s Nance Geosge & Brika Pack4aa • .Address 6411 S . II®dian River Dr. , , Ft.
This is the agreement that covers my ban with you. I understand that anyone who signs this agreement wiH be legally ntponsible
(together and individually) for repaying the total amount owed. unless they are only signing to give you a valid security interest
a
s
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Promise to pay. To repay my loan. I promise to pay you the total of payments shown in Item 11 below in 120 monthly
Instalments of S~ 365.42 each.l'll begin making payments on OcC. 23, . 19
80 _and wiN
continue to pay on tM same day each month until tM ban is paid in full. I'll make payments in person or by mail at the otfics
you specify. Life Ina. 20,000.00
F1.ri s a breakdown of my ban: property Inwrance. I will keep the property securing this loan
1 Amount 1 received S 22 • ~ insured against loss or damage. 1 understand that 1 may purchase tins
2. Appraisal fee S ~ insurance through you. in which case the cost and term will appear to
lFor Real Estate loans only) the loan breakdown 18 A flt 81. or from anyone else 1 chows. Either
way. I'll make the polity payable to you.
3 Recording fee S ns If 1 don't keep it insured a pay premwms on time. you can pay there
4 Optional credit lih for me or cancel tM policy and get insurance ebewhere. If You do
insurance . S 1,500• ~ purchase wch insurance elsewhere. you can select inwrance which
5. Optional credit disability protects only your interest in tM collateral a which protects my
insurance S t~l interest and your interest. aril +n either case I wip pay for any
s. Stat,np tax S • 5 premiums you advance with interest computed at an ANNUAL
PERCENTAGE RATEo1189L
7. Other charge: (explain)
Right to prepay loan. 1 can pepay the entire balance of my ban N
S tti any tires. It 1 do. you will refund s portion of the FINANCE
8. Property insurance trtowwanwwtie firtmad urotph t>.nt1 CHARGE figured by the sum-of-tM-digits method la ~~n~nonl~
A. Flood inwrsnce S ni used formula for refunds on instalment bans)
for months. But ro~u won't refund any of t
B. Physical damage investigation tee e7a~i
iSii ~h..-
insurance S na ~
for months. 23,535.40 late paymenH. If 1 haven't paid an instalment within t0 days of the
9 Amount financed 11 thru 81 S date it's due. I'll pay a Tats charge equal to 5% of tM overdue
t 0. FINANCE CHARGE ...................5 20,315.00 instalment, but not more than =0.
made up ot:
A. Interest S 20, 265.00 Collection Doers. I'd. pay any collection costs, including reasonable
• B. Investigation fee S 50.00 at•.omey's tees. if'you tab collection action.
1 ! . Total of payments 19? 101 S 3,850.40 Entire balance dw. Ii 1 don't pay an instalment on time or if 1 break .
ANNUAL PERCENTAGE RATE u+• ~ % one of mY promises under this agreematt. you can regain me to pay
s NOTE: The total d appraisal fee. if any.lkmn 21 and the Investigation the entire balance of my ban (less the refund of FINANCE
fee Ileem 10-8) wiN not exceed 2% of Item 9, or s60.00 whichwer CHARGE to which 1 would bs entitled in the went of prepayment)
I~ a ?ess. at once without notifying ms in advance. You can also do this if 1:
Credit Ittaraarroe. 1 understand that 1 don't have to take out credit lih miss a payment on another debt I owe you; made misleading
insurance or credit disability insurance to qualify for this ban. But if I statements on my application; become involved .b banknrptcy o?
want. I can purCltrse this insurance through you. purchase it from insolvency proceedings; or die.
someone else 1 choose. or assign sn existirq policy. 1 want tM
~nsursnce checked below for the term of this ban: g~rity. To protect you if I fail to repay this ban. I give you ss
~$Credit lih insutsnq On Borrower s Gfe abne et the poet shown in collateral a "security inbrost" under the Honda Uniform Commercial
~ item 4. Lift Ina. 20,000.00 Code in the folbwing property abng with any replacemartt parts.
~ O Credit additions or equipment sttscMd to it which 1 own. plus any proceeds.
disability insrxance on Borrower abna at the coat shown in return premiums and rebates from any eredit irauranca a inauranp
item 5.
on tM property securing this ban. I sbo wrdarstand that this ban wiM
D Joint credit hie irarrrance on 's lih and that of Co- be secured only by the ooNateral desc?ibed bebw rpardlaaa of any
.Borrower (1) st cost in item 4. securi provisions that
ty may appear in other loans 1 may have with
Signo~a~ s 9/23/80 You
Gsorgs Peckhatr Idatel ~ Seaobd >!lortgaslo Description on reveres aids
Co-Borrower 111
Signature
ldatel
w
Rwl PropNty. O lit checked herel 1 am giving you a separate w
c
ICro~s out ores) { fNortga~ ~
Agreement Not to Encumber or Tranahr Property
to secure this ban on property boated at:
•
i
IMdrMS oe ~rtatrnew~d OAPMrtl)
You have already given me the required Notice of Right of lisscission.
I i understand this means 1 have three 131 business days to change my ~ _
~ mind and cancel this ban. 1 understand that you wiN start charging
me interest on 19
f AdditionN ayreentenes and provisiwrs on rewrq side. I have read
the additional ~
agreements and provisions on the reverse side of this ~
agreement and I understand and agree to them.
D Ii this box is checked, is signing this agreement only w
to gws You a valid secwity interest and wiN haw no personal IpN responsibiNty on tM bsn.-
' understand that this agreement, and if checked above. s document encumbering real property. contain all the tet'me _
n~f conditions coverin loan. If any part of either of them is unenforceable. the remaining parts wiN remain valid. Cve
osd this agr a artd ac edge that a fuNy completed copy Of it was furnished to me before 1 signed it ~ .
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