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Soutttra~t Sulk Consumr~ Loin Note and Security Agfeement s-~'taa w~• . .
'r .v EiWPLOYEE'S ONLYi ~ IR _ !
SOUTHEAST Pirst N=tiooal Beak of Ft.Pierce
' iAtAM~ta "
The words ms end my mean the borrower and anyone else who signs. The words you and your refer to the Soutlteaq o.ut
mown above.
Borrower's Name Donald J. A Y~ronae Miasr Address2801 Navaho Avs. , Ft.Pisrca, Fa Dace10/3/80
Tr,,S rs the agreement that covers my loan with you 1 understand that anyone who signs this agreement will be legallyrespons.
1 toyether and individually) for re a in the total amount owed. unless they are only signi to give you a valid security inters:
Promise to pay. iq 3ep~~ my loan. I promise to pay you the total of payments shown to Item 11 below in mon;t: .
,~jstalntents of $ 4 each I'll beytn making payments on No't?• 3, .19~_;,:.. „v
..,r„r..r., nay on the :ame day aach month until tha .loan is paid in full. I'll make payments In person or 5y mall at th ~
uu ::.@laiy
Here's a breakdown of my loan: 10 000 ~ Preferential Interest Rate Agreement. 1 understand that I
1 Amount 1 received . S ~ charged interest on this ban at a bwer ANNUAL PERCF''T '1(,
2 Appraisal fee 5 ~ _ RATE than normal because 1 am an employee of a :.~~i+ ~i.
3 R~:couir~y tee $ ria atlibate In consideratron of such rate. 1 understand and ac
4 Optional crtldit life for any reason my employment terminates or this loan is assumr?d b1
1,288.89 a third party if the collateral is subject to aswmption. the ANNUAL
rnswance S PERCENTAGE RATE will bs increased to the standaM rate then.
5 Optional credit disability charged'to non•employee customer for the same type of loan. to no
insurance . S t~ event shall the ANNUAL PERCENTAGE RATE exceed 18^ii I
6 Stamp tax - . . 3 17.10 understand that the additional FINANCE CHARGE will be added
7 Other charges (explain) to each monthly payment.
Disdowre required if this loan is secured by rest property. Ths
S >ai monthly payment would irncrease by S if the
ANNUAL PERCENTAGE RATE were immediately increased by
8 Property inwrance 0.25%. 1 further understand that this increase is only hypothetical and
~ ~,"O'",~-.;d IM~'r o,r,i,l an estimate. and is based upon the number of scheduled periodic
A Flood inwrance . . 5 ~ payments and ongipal amount financed disNosed to me in the other
_ for months. loan documents.
Right to prepay lose. 1 can prepay the entire balance of my loan at
B Physical damage any time. If 1 do. you will refund arty unearned FINANCE
insurance Stu CHARGE figured by the wm-of-the-digits method - a commonly
far months. ~ used formula for figuring refunds on instalment loans. But you won't
• _ S 11,305.99 refund any part of the invesngatwn fee.
9 Amount financed I 1 thru 8) - . '
Lets payments. If 1 haven't paid an instalment within 10days of the
t C FINANCE CHARGE . . . . S 5,879.21 date it's due. I'll pay a late charge equal to 5% of the overdue
instalment. but not more than S5.
made up of:
Interest s 5,872.36 Security. To protect you if I fail to repay this loan. 1 give you as
Investigation tee . - S 6.85 collateral a "security interest" under the Florida Uniform Commercial '
~ ~ Total of payments t9+10) ,.185.20 Code in the following property along with any replacement parts.-
_ S17 additions or equipment attached to it whbh 1 own. plus any proceeds.
ANNUAL PERCENTAGE RATE . 9-~ 96 return premiums and rebates from any credit inwrance financed in
this agreement and from any property inwrance on the property
Credit Irtsurartq. I understand that I don't have to take out credit life securing this ban. I also understand that this-loan will be secured
rnsurance or credit disability inwrance to qualify for this loan. But if 1 only by the collateral described bebw regardless of sny security
v+~ant. I can purchase this insurance through you, purchase it from provisions that may appear in other loans I may have with you.
someone else I choose. or assign an existing policy. I want the LotB 5 Bad 6, Block 33, San Lucie Plaza, IInit
,nsurance checked below for the term of this loan:
j ~ Credit life inwrance on Borrower's life alone at the cost shown in
item 4 Ot~g as recorded is Plat Book 5, page 57, of the
~ ? Credit disability inwrance on Borrower alone at the cost shown in Public Records of St. Lucie County, Florida.
item 5.
O Joint credit life insurance on Borrower's life and that of Co-
Borrower (tl at the cost showg in item-4.
Borrower's C ~
S:ynature L 1~_~l~
Donald J. Miasr ldate?
Co-Borrower I1!
S+gnature
(date)
Real Property. O (if checked here) I am giving you a separate
(Mortgage
Cross out one) S Agreement Not to Encumber or Transfer Property
to secure this loan on property boated at'
(Aitd~ess of rnCUmbMld propert~l
,n. have already given me the requued Notice of Right of Rescission -
+mderranrt this means I have three 131 business days to change my
.-~,n(t and cancel this loan I understand that you will start charging
,~rorost on t9
Additional agreements and provisions on reverse side. I have read
tie arlrtit~onal a reements aril ~
g provisions on the reverse side of this
},trePm..nt and I understand and agree to them
if t!trs AoY is checked is srgrnng this agreement only
to qwe you a vabd security rnterest and wdl have no personal legal responsrbdity on the loan
t understand that this agreement. and if checked above. a document encumbering real property.; contain all the terms and
conditions covering my loan. It any pan of either of them is unenfgrceable. the remaining parts wtil remain vabd. I've read this ~
' agreement and acknowledge [hat a fully completed copy of it was furnished to me before I signed it. I
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Dona d J. Miner 8dfl1~ PiGE ~ ~ Yvotme Mitser -
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