HomeMy WebLinkAbout0236,,••~~•,~
-'=;°=~g Southeast Bank Consum~~ Loan Note arid''Security Agreem~nt
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5~,,,,,,,,,,,i Southeast Banlcs A Flotcida_ Cosp, _ Je~ata _8eech _Banking _Cec~t~r_ Jensaq Bsach ii,,
,~~~. ,.,~, - 33457
~~ wui~ls /, rne t~nd my mean the t~orrower and anyone else who s~qns TI-e words you and yow retei tu the Southeast B.;nk
~.~~,~wn ~~b~~ve RObA=t 0• Be~e= LOt IO61 O~R.A•
tt.,<<,~over's Name ~~ ~~4~~L- -- - _ - _ _ -_Address Jeu~en noach,_!1~_33457 -- - ~~i~' 2~18/81
~~. ~~ the a~~-eei>>e~~t that covers my loan w~th you I understand that anyone who s~yi~s th~s agreement w~ll !,e Iegally respuns~ble
•~, i••the~ ar.cf ~n~1~v~dualiy) (o~ repay~ny the total amount owed. uniess ihey are only siyn~iiq to ,yrve yuu a val~d sec,ur~ty ~nterest
Promise to pay. To repay my loan i promise to pa~• you the total 01 ~~ayments shown m Item 1 1 below in __iZO _ _ mon[hly
~,c,~lments ot S_~7~a,~4_ each I II beym makuiy payments u~r --- ---H8I~1 2~ _ ~ _. . 19 _. $1 _ and w~il
.,~~t~nue to p.iy an the same day each month unhi the luan is pa~d :n (uli I il make payments ~n pe~sun or I,y ma~l at the otf~ce
. ,~ s~~r.a(y
Here's a breakdown of my loan : Property Insurance. I~v~li ker~p Ihe ~~~o~~eit~l ticcu~~ny ih~s lo,~n
' ~~~nuunt I ~e~~.~~iv~~t1 5 ~6~SQQ~~ ~ntiu~e~1 a~~a~ntit loss or tlama~~r, 1 ut~tlerstantl th~~t I~nay (iurchase tt~~ti
A~~iit,~esal f~~~• 5 ~a ~ntiuran~•F• Ihrt~ui;fi yuu in wh~ch case ihe cutit ar~r1 te~m w~ll ~i~~~ieir in
~u~ Reai Estate L~~:ins ont~•1 . • U~r i+~.~n I~lf!.II({IUW11 18 A& 8- o~ Irom anyune else I chuose Erther
f wa~ i ll ~na~e 4hc~ {iol~cy payable tc~ yc~u
~a
~ R~~rurd~n~~
e~e $ If I r1~~n t k•rF•~i it in~urn~i u~ ~~aY {~rFrn~iunil un t~n~e y~iu c.an p:~y itiem
• ~)(~[itltl:ll i~ie~i~i tife inl Illf? O1 1 ~ill~.F'I 111P O171~1'~/ :111(~ t~f'1 Il~till1i111C(! Q~Se:~JVftCIC ~~ yUU f~f~
:'~ti1:~dltl~P ~j ~~J\/(~~j~ ~111i:'hd}f` tiUl~~l I~1SU~if11~{' f?~SCW~1QfP, ~'04 Ci111 Sf.'~f'C~ IlltiUliftl(~(? W~71(,fl
O(71~11It,1~ ff~~+~i1 ~~.~J~11~:T~' . (11u1e+~ ~C U17~~r ~,'1111I In1G•lfK1 111 1~IP f(l~~at~•r;il f)1 W~11f'fl ~I10~Pl.IS /Tt~/
f1\
1~11 f!
t! C -A_ :t:(~~l1•`.~ ,II11~ ~'tiil' 1111f'f~•\( .Iilf~ If~ ~'I~~lf•f 1 altif' ~ \':.~~ ()il`/ }(lt i111~f
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. .7 15 ~u.•,n~urnc ;~,u ,i~t•.~~ncF~ ~v~th ~nterett curnputed at an ANNUAL
57
' S~.""-'t~"` 5 ~
PERCENTAGE RATE~~1 t8~
' Otiirr ~:h,~r~~e~ ~~~~{il~i~nl
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j =:~-
_ ~'•<~~~e~~y ui~ur.in, r. . ,. . ... . . , . ,.. . , .
A Fln~r:! in~u~.+nrt• S ~a
fl~r ~1~ur~i~lti
ii Phy~~r,il ~f~i~nat~e
~ntiur.ln~ t• S ~'
fi,r n,tinThs
~ :,~,~,~,~~c +~~,,,,~~.~~~ ~ ~ cn«, a~ s 38l060.07
~ , FINANCE CHARGE ~ 43~094.73
rr~ade up ut
~ ~~ee~est S 43~044~73
B Prec~aid S~•~
FINANCE CHARGE S ~Pl.~e~~:~~~eel
.. T~etal o( ~iayrnents ~9+ 10! 5 l
ANNUAL PERCENTAGE RATE 17.52
tVOTE: Items 2 through 8 above are expenses the Bank must pay to
th~rd part~es
Cred~t InSUranCe. ~ un~lerstand th~t 1 don t have to takF uut ~rc°~f~l I~fr~
•.i:~:e~ ur : r~,rht ;:•:sab~iit~~ ~nSUrance to ~~uafit•; }„~ th~ti ii>dn Bu! ~} 1
' I~.an ~u~n hatir~ th~s ~ntiurance Ih!o~,yh you ~~:n~.t~as~ it f~un~
,~nn~~ ftl~.r 1 c.huutin ur :ISti~t7n an ex~5tn;i3 ~~~~ii~y I ~vd~tl ihe
,n~.e ch~r~_kerl tielukv fur The terrn pf th;s luan
~' Cred~t hfe ~nsura~ce on Bo-rower~s Irfe alone at the cosl shown m
~,em 4 IMax~mum allowable term ~5 10 yearsl
Ged~t d~sab~hty ~nsurance on Borrowei lF~rst named belowl at the
ust shown ~n itern 5 IMaximum afloweble (erm is 5 yearsl `
...;:^t cred~t I~fe ~resurance on Borrovrer and Co Borrower s hfe at
'~?e cost shuwn in rtem 4
::~.~ ti X 7~18~2~
+•.urc~
Robett b. Beyer $'~~.~tE''
B~irruwer s
~tu~:~
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Re~l PrOpe-ty r. iS c~u~{:ke~i hc~r~~; 1;trn ~~i~~ny ~~ni ;+ ~t~;~drdtr•
~ h1urt~~ti~~~r
.~. ~n:t tir:~•~
Aqrn~.~n~~nt Nui to Enct:rnber ur Tr7ritifer Prot~erty
" ~~ ~irn ihit lu:~n U~t ;~tGp~Srfy 1U~.3'~'d <it
.~.~r ~il•r•~irl~r r~:,.~~n frtr the rr,c~eurs~rl N~~t~c~t nf R~yht ~~f R?;Cist~un
;..r~,?anrl This ~ne~nti ~ hdvN three 131 bUC~rl@SS (~.iys to change rny
.~~~+~1 i..lnce! th~t luan !~~nrtertitanti 1ha1 y0u w~ll siett Chdrq~ny
~~terest un _ 19 _
Add:tio~al agreements and provisions on reverse side. I have r~acf
'•,f~+.tl~iu~nal agreemenis An~1 prOwSiUteS Or 1hC rever5e s~rtr o} th~s
~•~•rnent anrt I unrlarSTanc1 an~1 aqree M Them
Right to prepay loan. I can prepay the ent~re balance of my loan at
any hme If 1 do yuu w~0 re(und a porUOn oi the FINANCE
CHARGE f~yured b~ the sum-o( the-digrts method la Commonly
i~se~1 irnniula for fiyunny refunds on msialment loans) But you won't
refund any part ot the processmg tee Irtem tOB)
Late payments If 1 haven t paid an ~nstalment with~n 10 days of the
clate ~t s due I It pay a late charye equal to 59r of the overdue
~i;5t.~lrnent but not mure than S5. Th~s charye w~ll not epply to loan5
uver S50.000. ,
Coflection costs t u;,aY ,iny ,:~~nect~on co5ts ~nciucf~ny redsonat~ie
.,r~.~rn.~~, ti}~~e•b ~f •,~r~ t.1Ee Cu:!Q::h~~n BC:fon
Enhre balance due It ~ rlun t pd•,~ ~in inSi~i:rT~ent on t~me or ~f 1 break
~~r~~• u} n:; ;~~u~n,~E•ti ~inrler tt,~5 ayieement you can require me to pay
th~• rrit~n~ t,.,l.~n~ e r~f rn; lo~+n tlesti the retund ot FINANCE
CHARGE t~~ tivh~c:~~ I,,vnu~~i t~e r.ntrtled m the event of prepayme~tl
.f! ~~t~. t• ~.V~fhni~i nu1~~V~n~~ ~nc~ ~n l~1VT~:.'P YOU Cif~l aiso (10 lh~S ~} I
,~~:•.. ,, :,.,.=~~,•nc n~, an~>tne~ ,tF~t~t 1 ~we yo~, made m~slead~ny
~~:~t~•~~,~•„t~ ~~n rn,, ;~t~p~i~:at~u~z herome ~nvolvPd ~n bdnkruplC~' Or
Irr.~~„~•r~; , I;tiN.•P(j~nf~ti nf t!IC
SeCUnty Tu u~~~t~r~ !~:nu ~~ I 1a~~ t~~ ~eP~`; th~s loan 1 yrve yuu as
: r,!I,~r~•~.~i ,; .r.r{inty ~ntnrr~tit u~~rt~tr tf,e Fl~,r~da Un~form Comme~c~d!
C~,~t~• ,~~ tn~. }n;tuti^::nr~ iiru{i~~rt; alr~nu w~th any reulacement pd~ts
.~~!_1~~:~,n~ n~ .: ,,~~;nn«>n? ,~T(dCflc~r) !fl ~~ \Yh~CFI ~ OW~I plu5 er.y prOCeCds
..., ;~r~•r~:,,enti ,tr:r1 r~~~~:~i~~ti }rr;n1 lny i:r@(~it ~~~SUrjfli:Q Cl! ~t)SWafI1CE
~~r ;h~• ~~~~,;,~•rt~, tic~~ u~m~~ th~~ in,~r~ I alsr~ iinr)Prstanti that this ioan w~ll
t.~• ~...~ ,r,•~f n~;l~; h; thr• ~ci!iat~••al rlescnbed belnw regardle~~ of an~
ti~•, ,,•:t,, sv~~:~~~,~n,ti tha! mtiy a~~~~F•a~ ~n ot~~er loans : rr~ay havF• w~th
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Lot 1061, Saction 'l~ro~ outdo~r Resorts at m
. Q
hettlee Lland Subdivision J
1981 ~ieritage 38' Tr/Trl. ID/7728870
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AS DESCRIBID Ztt SAID HORTCAGE d
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; !! ih~s bur iti r.he!.kr:d - -- - - - - -- --- --- --_ -=------- is Si~~nin~~ th~s ayreernent only
;~ve• you :~ v~f~ri S~sc.unly rnteresi dnd w~l! have nu persoriil Icyal respc,nsrf~~hty un ttie toan
,n~ierstc~nd that th~s ayreement, and ~t checked above. a document encumbenng real pro~~erty conta~n all the terms
~~ rf ~:~,nd~t~ons covermq mv loan If any part ot erther of them ~s unenior~cable. the re~nairnn,y parts will remain vahd I ve
•~ :{! th~s a~~-eement an~i acknowle~lge that a tu:fy compfeted copy of ~t was furn~shed to me before 1 s~yned it
- - - - tseall ~~;~D~_ ~ (seall
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Lot 1061 O.R.A. Jenseu Beach~ Pl. 33457 (seall X ~~~~~_PIG~-~:~s~11
- --- - - - - - - - - - - $~. Iseal)
t~fiary A~ice Bsyer
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