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,,,~~~a Southeast Bank~;. ~:t Consumer Loan Note and Security /lgreement . •~~~• ~~~''~
~/11\\ . ... ti . ' l~~:t• : T.~I~l~, ~+ • • ~• _ ~ , ~'~~
... t j : ~~ a ~. ; ` i . . . ,`.i • ~ ' . t a. , ' . f
~ ~ h ~isst Xati Danklof Pt ~ ~ : ' ' . - . . ; - ~-:t' .
, S~.ut eas: ~1 .Pie=ce _ . .i'; •.k,,~,
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The wo~ds l, m~ and my mean,the bprrowe~ and anyons else who sig~s.:'i~e words rou and ~ou~ rerer to the Southeast dank
shown above ~ ~,,:;;e :'~;1=~'; . . . : .
'V+_ 1~~;:'•'. ,n',~• s :: 1 - •'h..r
eor~ower's Name~u~las b Doborah ,-. Ho~ilan~d ", " Address 2555' ~st Plgce~, pero a~ach; Pa Oate 1/29/81
,~~
Th~s ~s the ag~eement that cove~s mY losn with ~you. 1 understand that anyone who s~gns this agreement w~ll be legally ~esponsible
Icogethe~ and ~ndividually) ~or ~epaying the total amount owed, untess they are onty sigmng to g~ve you a valid security inte~es~
Promiss to pay. To repay my loan, l prom~se to pay you the total of payments shown in Item 11 below in j~0 monthly
~nstalments o( S 134.97 ~ach. I'll begin making payments on Feb. 29~ 19$t .~g, ~~ W~~~
cont~nue to pay on the same day each month until the loan is paid m tull. 1'll make payments in person or by ma~l at the oft~ce
you specify
N ers's s bnakdown of my losn: p~op~~ ~~~~~~, ~~,,,,~~ keep the prope~t~ secunng this ban
t Amount 1 rece~ved .. a 8.328.00 ~nsured aga~nst bss or damage. 1 understand that t may purchase th~s
2 Appra~sal tee .. .. . a~ ~nwrance through you, in wh~ch case the cost a~d term witl appear in
( For Real Estate Loans onlyi •~• _ , the loan Meskdown (8 A 8 81. w trom anyone else 1 choose. Eithei
way. I'll make the pot~cy pa~abb to you.
3 Record~ng fee .... .. S~ I( I don't keep ~t inwred or pay prem~ums on tims, you can pay thsm
4 Opuo~at cred~t I~fe ta me or cancel the pol~cy and get u~surance elsewhere. lt you.do
~nsurance . . . . . . . . . . . S ~ purchase wch inwrance elsawhere. you cen sslect insurance which
5 Optionat credit d~sab~l~cy protects only your mterest in the collateral or whiCh proteCts my
insu~ance .... .. ..... S~• ' interest end your mterest. a~d ~n eiiher case 1 wdl pay for sny
6 Stamp taz ...... ~60 prem~ums you advance w~th interest computed st an ANNUAL
-~- S - PERCENTAGE RATE oi 18%.
7 Other charges lexplain) - ' _
S ~
8 Property insurBnCe Isnow premN,m d 1n-anc~ct d+.ougl+ DsnL)
A Flood insurance . . _ . a ~
for months.
8 Phys~cal damage
msurance _ ... . S ria
for months
9 Amount financed (1 thru 81 $ 8~~0•60
t0 FINANCE CHARGE _..... ..... g 7,855.80
made up ot:
A Interest . . . . . . . . . . . . . . S 7 # HO3.80
e Prepaid 50.00
FINANCE CHARGE-5
1Processin~ Feei
t t Tota1 ~t payments 19+ 10i ....._ S 16,196.•,0
ANNUAL PERCENTAGE RATE .... 15.08 96
NOTE: Items 2 through 8 above are sxpenses tf~e Bsnk must par to
third parties. -
Credit Insurance. I unde~stand that 1 don't have to take out c~ed~t I~fe
~nsurance or cred~t disab~lity ~nsurance to qual~fy tor this loan But if I
want. 1 can purChase this insurance thtough you, purChase rt trpm
• someone else I choose or ass~g~ an ex~st~ lic I want the
Ri9ht to pr~y Ioan. 1 can prepaY the entirs bNanc~ ot rrW Ioan st
any time. If I do, you wiu ro(und a pottion d th~ FINANCE
CHAR~iE fi~u~ed by tM wm-of-the-digits method Is commonh-
used tormuls (o- figuri~-g roiunds on instslment loar~sl. 8ut qou won't
retund any pan ot the processing tee~ ~item 1081.
Late paymMts. It 1 haven't paid an instslment wiMin 70 days oi the
date iYs due. 1'll pay s late charge equal to 6% of the overdue
instalment, but not mors thsn f5. This chargs will not apply to Iw~
over t50,000.
Collection costs_ 1'll pay any collection costs, ~ncludmg rQasonable
attorney's tees. ~f you ~ake colkct~on aciwn.
E~ti~e balanc~ due. It 1 don't pa~ an instalment on time or ii 1 break
one ot my promises under th~s ag~eement. you can require me to pay
the enl~re balance oi my loan Iless the rotund oi FINANCE
CHARGE to wh~ch 1 would be entitled in the event ot prepsyment)
at once without notdying me in sdvance. You un also do this it 1:
m~ss a payment on another debt 1 owe you; msde misleadirp
statements on my application: become i~volvsd in bsnkruptcy o-
insolvency proceedmgs: or die. . .
i • ~9 Po Y _ - .
i ~nsurance checked below tor the term oi th~s loan: Secu~it~r. To protect you ii I fail to repaY this loso. 1 give you ss
~ ~ Credit life inwra~cs on Borrower's life alone at d~ cost shown in cot~ateral a"secunty i~teresY' unde~ the Florids Uniform Comrnercisl
~ item 4. (Maximum slbwable term is 10 yssrs). . Code ~n the tollowing property atong with sny ~eplacement psrts.
Q Credit disabiiity insuancs on Bonow~- (Frst nam~d b~bw) at tM add~tions w equipment atqched to it which I own, plus an~r p-oceads,
~ ~:?;~cost shown in titem 5. (Msximum sllowsbN tnm is 5 yeaal. . feturn premiums and rebatas trom sny credit ins~usnce or iruuranc~
on the property aeCUring tAis ben. 1 also undarsti~d tMt this lOan wi0
~ l~ .Joint credit liis inwnnce on BorrOw~- and~Co-Borrowrr's I~fe at ~~~r~ a,~y by the colbtersl descnbed b~low regsrdless d sn~
i ths cost shown in item 4. • ,
- . .,:~.;.-.r-d~,~, ~~.~~[;-• secunry pro~raions that msy appea- i~ other Iwns 1 msy hsve with ~
80ffOWQf S . ~ . .xf~ a'~Lc~,~~~.r4~: ` _: - YOU. ~:~~~•. ~}~ ~ _ . a ,~ ~ ti -- t
Sgneture . ~ .. ..~ . :; .~:- • - ~ . : : ... ..- y~' •
• ':,r. - ~ a~~' , ~~~ • .
+ ';. . ~ ~:;-S~i'•' i-3~ir ',~' (dste) - * : jjot 6, sZOC~t l,~s'~ele~sview Te~~pook ~g~,~, 56
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R~el P~opNt~r. O(i/ checked Mr~1 I~sm yivin~You a spsrst~ ..,~: ._ . •~--;r~ .. j
(Cr q1e~ M~~~~ '" "a'r .i:-''. . '•~' ~ ~n~s ` s. h ar_ ~~~. ~
~ OSi OUt ( ~ . . . .
`Agre~m~nt Not to Encw~r o- Tr~nsi~r PropKt~ :r ~' ~ ~-~.~'~a_ ;~ :
€ to s~wn th~s loan on propettr b~:at~d at . }: ~#~ • `, i.. _~
~ . ~• . • _ ~ '~~^ .~Y~i~:~ ~ .,,'~ . . _.' ~
~Ad~M~11M~t'WAbM7dpIpM1~ " r-. .`. ~ ,. ~ - ~ ~
~ You have al.esd~r giwn nN the required NotiO! Of Ri~ht of R~sGfNpf. " -..`~ • `~t°~~
• R sci ~ ` s - .4~f ..
; i unctarstand this m~sns 1 hsw d~rN 131 busin~ss d~ri ~~~ ~+1- • i
~ m~nd snd cancM this ban. f undnstand thM ~rou wiN start dar~i~g ~ -;:, :Y ~ . . ,. : ~~ . ~ ~
~ ~*+e interest on • 19 " . ' - . . •'" ~";~' .
'` AdAi+Fal~l a~f~M~wMN'~ ani //rY~011s M h11MS~NM.1 NM INd 4 ' •.j•.
{ th~ sdditWflll ~f~1l~Ittf ifld pfOYlllpfl~ 011 dM f~NMN fl~ O/ dfl~ • " ~~=~~~
~ s9~e~elNft and 1 undMSfMfd M1d pr~N 10 lMnf. ~. ~ -.' ".~~ '.~.
--,~
O Ii this box i~ CMcit~d. ' .. ~- •, -- ~ • is sipnirq tAi~ aaN~r~N o~~11--.. ~r :
t~ giv~ you a valid s~curity int~n~t and wiN htw n4 p~nonM ~!~M ~pons~biMh~ an'tl+~ lo«+.. ' ":s~,• ' =~. ='~:• ~
~ u+~derstand th~t tfiis agrNm~n~ ~~nd-i~' ~ aboMS'~~ . d~owm~nt encwnb~rirq nM pr~opKty. comsiw i~ tt~ ~_. s''`~~
~.-nd cvnditions core~ing m~- b~n: K arry pwt rf ~itl~ d th~m is un~nfao~~bN. tM rmNini~~ ps~ts wiM wmaii- vMid. 1'ns+, ~. ~
. ~asd this ent snd sdtnowl~ct~ dat s ttd~r t~d copy of it wat turniilwd ~ n» ~..siPwd.i~ ,.; ~;y.~~:;' -:.,
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