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~ Ft.Pierce '+~~"'~~_ :f .~~ ~~' ~tia. ~~ n ..
. ~ ~~ ~ou~nea~ .. ~ . Firat National Bank of ~ • ;••`.-- - :~ ` ~ ~~'~'.~: ~~,~ ~'.. - - t{y. ~ .. 1-~ `~
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, The words /, ms snd my mean the bo~rowe~ and snyone slse who siQn ~~ne wo~ds. rou a~d yvw. ro~ery, tq tih~ ~outhean dank
shown above. ~'+,~` ~`~!~. .:.l:,~r;'•,~~ .:, .ti~ . . . ~ ~j+{i , • ,ill~ • :in {'''~~T~,~'~!:~7.:'.?ri,~~ ,r• '
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Borrower'sNamegobert 0. ~ Mat9 K. Provoat Address $03 Bmil Dr , Ft Pier~e~,Fs ~~~ Dttt~/q~b~
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Th~s is the agreement that covers my toan with you. I understand that anyone who signs this agreemen- v.~~+ r~ iegally ~espuns~ble
(together and ~ndividually) Io- repaying the total emount owed, unless they are only signing to Q~• .+ vc~ a val~d security interest.
Promise to pay. To ~epay m~y loan. 1 prom~se to pay you the total of payments shown in t-am 11 below in 1~Q monthly
~nstalments of ~ 189. 77 each. I'll begin making payme~ts on Feb. 15, . 1 S 81 ~nd will
conanue to paY on the same day each month until the loan is paid in tull. I'll make payments m person or by mail at the ott~ce
yo~ specify. $20,000.00 for 10 ~rrs. decreasin~
Here's a brsakdown ot my toan: Property I~urancs. 1 w~ll keep the property secunng this loan
t Amount 1 rece~ved . a 10, 000.00 ~nsured aya~nst loss or damage 1 unde~stand that 1 may purchase th~s
2 Appra~sal tee . S na insurance through you, in wh~ch case the cost and term will appear in
(For Real Estate loans only) the loan breakdown (8 A b 81. or trom anyone else I choose. Eithe-
na way. 1'll make ihe policy payable •to you
3 Record~ng tee .. S If 1 don't keep it ~nsured or pay premwms on t~me, you can pay them
4 Opt~onal cred~t li(e tor me or cancel the pol~cy and get i~~surance elsewhere. It you do
insuranCe ._~..... .. . S 1,500.00 purchase such ~nsurance elsewhere. you can select inwrance which
5 Opt~o~al cred~t disab~l~cy • ,• protects only your ~nterest ~n the collateral or wh~ch protects my
insu~ance . . . . . . . . . . . . . ~ n8 ' • , interest and your interest. and ~n erther case 1 will pay for any
...._ a 17.40 prem~ums you advance with interest computed at an ANNUAI.
6 Stamp tax .. .. ~' PERCENTAGE RATE ot 18%.
7 Other charges (explain) . ~:.~} .
5 na
~'.
Ri~ht to pnpay loan. I can p~epay the entire batanca ot my ban at
any time. It I do, you will refund a portion oi the FINANCE
CHARGE figured by the sum-of-the•digits method (a commonly
used tormula for tiguring refunds on instalment Ioansl. 8ut you won't
retund any part ot the processing feet (item i081. -
lste payments. I(1 haven't paid an instalment within 10 days of ihe
date it's due. 1'u pay a late charge equal to 6% ~of the overdue
~nstalment. but not more than S5. This charge witl not apply to loans
over 550.000.
Collection costs. 1'll pay any collection cosls, including reasonable
atto.ney"s (ees. ~t you take collect~on action
Entire balance due. II I don't pay an instalment on time w i( I break
one oi my prqmises under th~s agreemenl. you can reqwre me to pay
the ent~re balance oi my loan Iless the refund of FINANCE
CHARGE to wh~ch 1 would be ent~tled in ~he event oi prepayment)
at once w~thoul not~fy~ng me ~n advance You can also do ih~s it I:
m~ss a payment on another debt 1 owe you. made mislead~ng
statements on my applicat~on: become ~nvolved in bankruptcy or
msolvency proceedmgs. or d~e
8 Prope~ty in5uranCA (snow u~emn,m ~f t~nancM in.w~~h bsnk)
A. •Flood ~nsurance . . _ . . . S _IIa
tor months
8 Phys~cal damage
insurante . . . . . 5 ~H8
for months
9 Amount ~~~anCed(1 thru 8) ..... . S 11,,517"40
t 0 FINANCE CHARGE __..' ._ 5 11.255.00
made up ot:
A Interest ............ a 11.205.00
B Prepaid
FINANCE CHARGE-5 ~-IPrceessing Feel
11 Total of payments 19f-101 . . . . . . . . . . S 22,772.40
i,11NUAl PE.ZCENTAGE RATE . . . . ... .. . 15.56 yb
NOTE: Items 2 through 8 above ars expsnsss the Bank must pay to
third parties.
Credit Insurancs. 1 understand that I don't have eo take out cred~t I~te
~~su~ance or cred~t disabil~ty insurance to qual~fy tor th~s toan 8ut ~f I
want. 1 Can purChase this insurance through you. purChase ~t from
someone else I choose, w ass~gn an ex~st~ng pol~cy I want the
~nsurance checked below (or the term oi th~s loan Security. To p-otec~ you ~f I fa~l to repay ~h~s ban. I give you as
X~`~(Credit life inwrance on Borrower's lits alone at ths cost shown in collateral a"secur~ty ~nte~esY' under the Flanda Un~Iorm Commercial
~r- ~~1A~rtlr~sl{q~~p~ t~r~~,~,el~~g~). Code m the tollow~ng property along v~nth any replaCement perts.
17LV av~a~ WS
~' Credit disability irqurancs on Borrower (F'int ~amed bsbw) st th~ ~'~'~^s or equipment attached to it which 1 own, plus any prpceeds.
,'ca;st shown in +tsm 5. (Maximum allowaWs term is 5~ysarsl.. ,,. ,~e~^ ~m~ums and rebates from any credit inwrance or insurance
-t,~. ;, oo the poperty secunng th~s losn 1 also understand that th~s loan will
O Joint credit life inw~ance on Bo-rower snd Co-Borrow~r's life at .~~~~ ~~~ by ~he collateral descnbed bebw ~egardless of any
th~,cost shown in item 4_ -;, ,.. - ,•.:_ ~.•_,+ i~•i;~~~ ~~,~s that ma~r appear in other toans 1 may have with
Borrower s • 3j ~-~y0u- a'' ~t' ~
S~gnature • u~;~~, r:t+};~`S , -
. : •• ° (date) .;y', : ~'."~
Co-eonower's •• :.~~:, ~,:r~.~~~' ~'° .-,~ ~~~ L~t~ 8#. Slock 1; of Lile~ Subdivision* in the Ci.ty
:~•. ~. ,--:
Sgnature ~ "=',~ :1:~= ~ 7•;' ,~.:~~'-• ". ~.~f Ft.Piesea Florida. accordiag to a plat o
,,-, . , r;~,,,s;'•;:;r;.:. ~ rtL~reof'secordad in Plat Book 9. o,~ae 73" of ~tAe
. , . ; '_ .t•~.~. ~tsl;; • °
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~~'public~=~cords of St. Lucie County, Plorida. ~
Real Propsrt~r. O(if checked here) 1 am giving you~i'seps~at~~ :~~,' .,a4p ~, _ d
Ma/~19~Q ...' i~~ ~,,~, t% . •f ± ~ jT~..
rr:ros3 out One) { • `-+'%i"• ••'-- ~ c:~ '' ~ „ .
Agreement Not to EncumDe- or Trsnsi~ Prop~n~rt?* •. ~ . , ~a; - ; ' ":-~'~-•
~ ti' _ A
co secure this loan on property located at- •~r . s`~~Y ~~ . . -
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u~ean,s a.na,mb..w wov.~M . . :; - . d
You have already g~ven me the requ~~ed Not~ce of Rig~t a Rescissioii.~` • ~ ~', ,.~~ - . ~
i understand th~s mesns I have three (3) business days to cA~ge my ~~~ ` ~
m~nd and cancel this ban_ 1 understand that you wilt sta~t charging . ..- - ~
me irt@reSt on 19 ~ . " -' " ~ . , `' ' • '. ~ .
Additional a~~~m«rb u~d provisbrn p~ rw~rs~ sid~. l hsvs rsad . •~ 3 5.= A
cne 3dd~tionat agresmN+a snd p~ovisions on the reverss lid~ ot this ~;; ~ ~
aqreement and ~ unds~stand snd agres co them.
, ri
~^ It this boz is chsCked, is sigrwnp this ~c~enent aMy
t~ give you s vslid seCUrity intersst and w~ll have no personal legal rssponsibility ~ ths losn. '-'~
~ I underatand thst this ag~eement. and if checked above. a document e~cumbering nal propertY. contain sN the te+ms
~ - nd conditions covering my losn. It any part of either of them is unonforceabN. the nmaining psrts wiN nmain vslid• 1've
~ r~~~ this eement snd ack ge that a fully completed copy of it was fumishsd to Re b~fas 1~wd it.
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