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Home My WebLink About2286~ , , , 711~"~.1q!~ ;a'; rlt~~f!~~,~~• ';s~u ~~r ' ~1~ ~,~s~~, .: uthe~st Bank ,, onsumer Loan~ Note and Security Agreement : :;~ +: ~ ~'~' ~ • ~, , •~ua . ~ ,:~f . ~ - :~•c ~ ,'" 't. . .. . '~ . . j ~ ~ ` ' ~ .S ~~~ ~ ~ ~' .. , ~ ` 1 . ~ . . . . . . . . ~ ,. . :~`~ ~~ ~ Soutn~a:~ --First Natfonal Bank ofFort Pierce '' i ~ -~ ' ~nn.iy~•~ ~_. Fla .~.t The words l. mi and my mean ths borrower and anyone elsa who s~gns. he words you and yow re er to t~~,;.~8~st ~ank .,•. -. , . ~~yrshown above. . • ~ _ . . . . ~,, t~~r. eorrower's Name ~~ Donald R. br Bett~- Jo Porter Address ipp3 Hernandea Av ~ d ,}, g.... Fott~ 3$/~1 , q 1 A~ `' . ~~ This is the agresment that covers my loan wrth you. 1 unde~stand that anyone who signs tti~a a~:~~ment will bs legally ~esponsible (together and individually) ~a repaying the total amount owed, unless they are only sign::,~ to grve you a val~d security interest. Promise to pay. To repa mY loan. I promise to pay you the total of payments shown in Item 1 1 below in i monthly ~nstatments of S 12, 3~4.55 each. 1'll begm makmg payments on ~y 30• , 19 81 and will continue to pay on the same day each month until the loan is paid in full. I'll make payments in person o~ by mail at the oifice you specity. ~ I I ars's a b-~akdown of my loan 1 A i 1 d : S 11, 770.00 Prop~-ty Insunnc~. 1 w~ll keep the prope~ty secunng this loan d mount rece ve ~nsure aga~nst loss or damage I understand that I may purchase Ih~s 2. Appra~sal (ee ... g na ~nsurance through you. ~n whith case the cost end term wdl sppear m iFor Real Estate loansonly) the loan breakdown i8 A d~ BI. or /rom anyone else 1 choose Either 3 Record~ng fee .- . S~ way. 1'tl make the pol~cy payable to you ' If t don t keep it insured or pay prem~ums on Ume, you csn pay them 4 Opt~onal credrt tite lo~ me or cancel the pol~cy and get ~~~surance elsswhere. If you do insurenCe -._.. . $~ purChase SuCh insurance elsewhere. you Can seleCt msu~anCe wh~Ch 5 Ophonal cred~t disab~l~ty protects only your ~nterest in the collate~al or wh~ch protects my insurance ..... a~ mte~esl and your ~nterest. and ~n e~ther Case 1 wdl pay (or any 6 Stamp tax . .. 17.70 s p-eR+~ums you _advance w~th interest computed at an ANNUAL . . ~' ~ ~ PERCENTAGE RA7Eot 16%. 7 Other charges (explain) _ - S aa Right to pnp~~ losn. I csn prepsy the sntire bal~nce of my losn at any time. II I do, you witl retund a portion ~ the FINANCE 8 Property t115U~a~1CelsfwwDrem~um~ll~~ncM tArpu,yA twnk) CNARGE figured by the sum-ot-the-digits msthod Ia commonly A Flood ~nwrance S~ used (ormula tor tigu~ing rofunds o~ instalment loansl. But you won t (or months retund any patt ot the processing feet (item 108). B Phys~cal damage ~ insurance . ... 5 na lsts paym~nts. I( I haven't paid an instalme~t within 10 da~s o1 the tor months date iYs due. 1'I! pay a IatA charge equst to 6% of the overdue 9 Amount ~~nanced (1 ihru 8) S 11, 787 . 70 ~nstalment. but not mora than i5. This cha~ge wiU not apply to bans t~ FINANCE CHARGE 5 566.85 over 550,000. . made up ot: -- -- - A Interest ...... ........ a 566.85 Collection costs. I'll pay any collection costs, includmg reasonabte B Prepaid ~ attorney's tees. ~t you take collection act~on FINANCE CHARGE•S na iProcessin Fee) ~ t t~ Tota10( payments 19+ 1 OI S 12, 354.~5 ANNUAL PERCENTAGE RATE ... 14.75 y6 i~J'~ E: Items 2 through 8 above are expenses the Bsnk must pay to third parties. Credit Insurance. I unde~stand that I don"t have to take out credit I~fe ~nsurance or credit d~sabd~ty ~nsurance to qual~fy (or th~s loan But it 1 want. 1 can purchase th~s insurance through you. purchase rt(rom someone else I choose. or assign an existmg pol~Cy I want the ~nsurance checked below tor ihe te~m oi th~s loan~ G Credit life inwrance on Borrower's life alone st the cost shown in item 4. (Maximum allowable term is 10 ysars). D Credit disabiliry insura~ca on Borrower (First nsmed bebw) at ths cost shown in item 5. (Maximum allowable term is 5 yearsl. r7 Joint credit lifs irtwrsnce on Borrowet snd Co-Borrower's lite st the cost shown in item 4. Borrower's S~gnature . Co - B orrower's S~gnature _ Idatel Idate) Real Prop~ty. O(if checked here) I am g~nng you a separate 'C~oss uut one) { MOn9age Agreement Not to Encumber w Transfer Property to secure th~s loan on property b~;sted st: (Address ol encurnb«~d a~tYl You have alresdy given me the required Notice vI R~ght of Resc~ss+on. i uncie.stand this mesns I have three (3) business days to change my m~nd and cancel this loan. 1 unde~stand that you will start cha~ging me ~nteresf on , ~J , Qddicional sgrNm~nts ~nd provisions on ~~v~rs~ sid~. I have read tt~e addrtional agreements and provisio~s on the reverse side ot this aq~eement snd I understa~d and agree to them. Entire balance due. If 1 don't pay an ~nstalment on t~me O~ iI 1 break one o1 my promises under this agrgement. you can requ~rs me to pay tne ent~re balance ot my ban Itess the retund ot FINANCE CHARGE to wh~ch 1 would be ent~tled in the event Of prepayme~t) at once w~thout not~ty~ng me in advance. You can also do this it 1- miss a payment on another debt _ I owe you: made misleadmg statements on my appl~cat~on: become involved in bankruptCy a insolvency prpteedings. or d~e. Securit~. To protect you if 1 ta~l to ~epay this ban. I_ g~ve you as collaterat a"secur~ty mteresY' under the Florida Uniform Commerc~al CoAe ~n the tollow~ng property along with any replaCement pa~ts. add~t~ons or equ~pment attached to it wh~ch 1 own, plus any proceeds. return prem~ums and rebates from any cred~t ~nwrance or inwrance on the psoperty secur~ng th~s loan I alw understand tha[ th~s loan w~ll be secured only by the collateral dexnbed belpMr rega-dless oi any 5ecur~ty prov,s~ons that may appear in other bans I msy have with you , according to the Plat thereof, ~s recorded in ~ s s ~ of St.Lucie County, -Florida e~ ~ ~ ~ N A ~ J C If this box ~s checked. is s~grnng this agre~ment only ro grve you a valid secunty mterest and w~ll have no personal legal rosponsib~hty on the loan N ~ I understand that this agreement. and if checked above. a document encumbering real property. contain all the terms ~~d conditions covering my loan. It any part of either of them is unenforceable. the remaining parts will remain valid. 1've r ad this agree ent and ac owledge that a fully completed copy of it was turrnshed to me before I signed it. .~ - (seall ~ lseall ;.~;,; Donald R. porter g00K~'i 1 FaGE~.28Q Betty o Porter ~ seal) Ises11 ~:~~- .. . ="~`C` E ,.i.-,,4 i.S ..-' -.~ ___._'_" ' _ _ ....:;. ~N' L+/-?rt~'. ~"D.G~~'~Y°'~~.s5 ... ~ x `.'~'~/'?'~st'~