HomeMy WebLinkAbout2751INSTAIIMENT PAYMENT NOTE ~~r~9~ns~•ISa~~k
cana~y ~ ~le
P~nk~Cuslwno~
Dace Dece-nber 23, , ~g a0
i~~ ~h~s n~te, thv words 1, ME, MINE anci MY mea~ each and all ot those whq sign it. The ~ve~rds YOU, YOUR and YOURS mean:
. Florida Bank At Fort Pierce
~~.~rt~e c~1 pankl
1 e-ms of Repayment 3osurance on Collatsral '
1~~ repay my loan, 1 promise to µ~Y yauS ~, 263 . 89 1 understand 1 wiil have to keep the collateral tully insured against
;'- ive ThousaR~ Tt~to llundred Slxty- loss or damage. 1 may obtain this coverage through any person of my
,'h Ce~ a11d 89/100 ------------ ~lollars). choice. If 1 fail to provide i~w~ance, you may obtain cove~age to pro-
' i~ pay tiiis amount at one of you~ oificgs in a total of ~~ tect your secu~ity inte~est, passing the cost of premiums on to me, plus
n„~nthly, ij~stall~nents. consisting of b~ payments of ~nterest at a rate not to exceeci the annual pe~centage ~ate oi this note.
~ 13b .1`J each, and one final/balloon p~ ~ment of Late Charge
S,' u~j~ . Payments will be~i e n the 1 J~~y of If I don't pay any instatlment within 10 cfays of the day it's due. I
January l~t~i 1z3S~
~ a~h ma~th beginning on ' •
F~~•~e ~s the b-eakdown of my loan:
s 5, 263 . 89
t loan Proceeds IAmount 1 receive! g
qV
2. Florida Documenta~y Stamp Tax S
'
99
i06
3. Credit life Insurance .
S -
3. Credit ~~eCOrdlll~an N@@
9 S l~~b
•
~n~tangibT fia~t tI.I9 S -U-
G.Other
~rePald ~y Customer~ s -U-
h
~
O
er
.
t
-~- -0-
9. Amount Financed (add 1 th~u 8) g 5, 593 . 23
t o. Acquisition Fee S `~0 . 00
11.Other -~- S -~-
12.Other -~+ s -~
a 2 , 528.17
13.Interest
~ 4 F INANCE CHARGE(add tOthru 13) S~},7
i 5 Total of Payrnents (a~d 9& 14) S~,171. ~1G
~ E ANNUAL PERCENTAGE RATE 1~ L~
T~~E ~NTEREST RATE CHARGED tS AUTNORIZED BY CHAP-
T E R 656.17, F LORIOA STATUTES.
~red~t Life Insurance aod Disability losunoce .
: C~edit Lite/Disability Insuranoe IS required for this loan (See
~t~~mized finance cha~ge).
;; Cred~t Life/Oisability Insurance IS NOT required fo~ this tuan.
tJ0 charge is made tor creciit inzura~~ce and no credit insurance ~s
~~~c~vici••;1 unless 1 siyn and date the approp~iatc statement below:
a i The cost of Gedit life Insurance atone for 306 . 94
wdl have to pay a late charge of 596 of the late. or unpaid ~nstallment.
Late, Partial, or I~regula- Payments
You can accept late payments or partial payments, and you will not
lose any of your rights undQ~ this note or the law. You ca~ atso delay
e~forcing any of your rights under this note without losing those
rights. Should 1 fail to meet the responsibilities 1 hava under this
note. I understand that unless I am excused from that responsibility
in w~iting by you, you will not lose any rights you may have against
me on the note.
Riphtto Prepay Loan
1 may prepay the loa~ at any time. lf 1 prepay the loan in tull, or it the
losn is refina~ced-that is, replaced by,a new note•you will refund the
unear~ed i~terest and any unearned Credit Life or Disability prem-
ium, figured by the rule of 78's-a commoNy used formula for figuring
~ebates on i~stsllment losns. Howevar, you won't make aoy retunci of
leu thsn S1; snd you won't refund any part of the acquisition fee.
Default
I will be in default:
1. If I don't pay an installment on time;
2. ff I fail to meet any responsibilities which I agree to auume,or;
3. If you rcasonably deem this note or the oollateral to which you
have a security interest in to be insecure.
If any of the above detaults cecur, you can then demand immediate
payment of the~ balance of this note, minus retunds figured by the
Rule of 78's. You will also have all other legal rights provided you by
the terms of this note or by the law, tor instance, the right to re-
possess, sell and applv security to the payments under this note and
any other debts 1 may then owe you.
the term o( the credit w~ll be S
Collection Costs
t,1 The cost oi Gedit l~feandOisability tnsur- _~_ If 1'm in default under this note and you demand full payment, 1
ance for the term of the credit will be S agree to pay you interest on the unpaid balance at the annual rate of
' ;~~~ ,~ ~ 1096. If you have to sue me, or tum my acaount with you over to
i f~•s~re Credit life 12~2 3/80 ~~
~
f
<~~ ~ you attorney in order to oollect what is owed you under this note, 1
'
`~
`'
~
~~~
i~,~,~ ,;nce Only '
< "
'
~ ~ s fees and court oosts.
e to PaY Your reasonable attorney
(Date~ ' {519 ur
~a Jenkins
d
rey
Au
I.ie>~~e Credit Li(e Comakers Coborrowen
~~~s,,~ance Only Comakers are the same as coborrowers and oosigners. If I'm signing
~~„~~ (S~g~~atura) this note as a comaker, l agree to be equally responsible with the bor-
.
i ~i~~sire Credit Life and
~ .at~ !ity I~wrance
(Datel _r519naWre)
: ollateral for the Loa~
AS c:ollate-al for this Ioan, I give you a security interest ~n the follow-
~r~c, p•op~rty.
rower, although you may sue either or all of us. You don t have to
notify me that this note hasn't been baid. You can change the terms
ot payment and release any security without notifying or releasing
me from responsibility on this ~ote.
Arranger of Gedit
If someone otner than the Bank has arrangedihiscredittransaction,
' 7~• of :~J ~'! 2 3. 12 ' Cf P: 1/2 Of ~.ot 9 7, their name, address and signature of their authorizecf representative
_=_~'~~2;)i:;: ~II'Y FA~2~ of ie~~ 5s Towrishin isasfouows: ~$I J~~j _2 ~ Ir 31
s`_ ;. LR~ nc~e 40 G, P~ t i3ook 2. {'aSJe Arranycr of Gedit:
uf ~;t. Lucie Countv~l'1
,~~,.f any accounts . r securities or other property of mine that comes
~,, ~,,u- Wssession~ al any tim~ while this loan rerna~ns unpaid, and
,. n~nney refunded or payaWe by any ~nwrance company that im
~_ ~rs the collateral agamst loss. I~Possessiun means-deposited with
~~•• h.~nk m any form, such as ch~cking, savir~gs, or collateral vault.l
~ . ' ~ ~ .
t} ,. ,..e. S~J~ .+ture -- -_-
~~udrey "~ae: Jenkins
c~ •- ~we• S~qnstu~e
BO~X~~v P~GE~~~O
~. , . . ~ , . ~ . - - -----
Address: F~~E~ < <ccc;~;,;,,
- ~ Rn~ GER P ITRAS~.
Signature of agent: CLEFK CfPCU}T ~'
Copy Received
The txxrower acknowledges ~ece+;~t of a completely f iiled•in copy oi
th~s nute.
t>19 Uundas Ct., Ft. Piercc, ['1. 33450
Aaa+c ss
"ilardo Oec~rr.cnt~ry Staaps Rcm,f r1 BY twr 1~
~~nt Ot s ~,'~' ` 1~e AHueA To ~loat~,~
nddress ~'~~•
Add~ess
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