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Home My WebLink About1967y ~y ~jr~~M1 ~ `,',~ e+ v~ ~1 • 1+.~?. A ~'i!?t,~?• •Y~:n 1+ r w ~. .-~w ~^t>t f .sl,~i•al;+-~" • ~, ", •. Y t'~~wy `'^~l- '. !T Y ~ •;'~ 1~ .. . -~"-~ ,~i. ~'- ~ ~'}-•~•a- ~fi: . '.~., • - ~~ ~ .: ar_ _ ~s..l:~• .t° ..t" • . . R. \\ I: e•. r f~,~t 'r ~i .tt~•y,T ~j t s. :S~i" ~ ,y,,.. . . . . _ ~: ,.~`:~ ' ~ • /~ .:~' t i'="~~ ~` ~~ •.~ ~"v ;;;;;;; Sou~~e~~~ank ~ . `~ Consumer Loan N,ote'and'_Security Ag~eement ~~ _ . ~ ' ~,~,.~ . ~ • ~ . . ~ ~ . • Soutneast ~ First Natiottal Bsnk of Fort ierce ;' '~ Fta. IAll~~w~el ~ 1 ne words l, me and my mean the borrowe~ and anyone else wha signs. The words you and your refe- to the Southeast Bank snown above. , ' ~ _ Bo~rower's Name Lon F,,Parsons . •• Address702 Atlantic Ave. ~ F_ort pierc~ FlOa~a . . . .. ~ . s/~/~t~ Th~s ~s the agreement that covers my loan with you. 1 understand that.anyone who s~c~ns th~s agreement will be legally responsible ~ ~c~~yc:the~ and ~ndiv~dually) for repayiny the total amount owed: unless they are only sign~ng to g~ve you a valid security ~nterest. Promise to pay. To repay my loan. I prom~se to pay you the total ot payments shown ~n Item 1 1 below in 12Q monthly ~n;talments of S 335.94 each I'll beg~n making payments on April 2, , 19 81 ~nd will ;:one~nue to pay on the same day each month unul the loan is pa~d in full. I'll make payments ~n person or by mail at the o(f~ce ~, uu spec~fy Nere's a breakdown ot my loan: t Amount I rece~ved S 20, 000• ~~ ~ Appra~sal fee . . . . . $ n8 ( For Real Estate Loans only) 3 Record~ny (ee . . S na ~ Opuonal cred~i 1~(e inSUrdnC~ . .. _ 5 II8 5 Opt~onal cred~t d~sab~l~ty ~ in5utdnCE ...._ 5 na 6 Scamp tax .. . 5 30.15 7 Other charges lexpla~n) 5 na 8 PrOpgrty msurance ~snow u~em.~m d hno~KH1 M~uuyh Aan\I A Flood ~nsurance g na for months B Phys~cat damage insurance S na __ for montt~s ) Amount hn3n~ed O thru 8) S 2~s~30. 15 t0 FINANCE CHARGE 5 20,282.65 made up of A~' ~nterest ... S 20, 232, 65 B Prepa~d S 50.00 FINANCE CHARGE ~40~312980e~ ' 1 Ta2al,of payments 19+ 10) S ~ :>NNUAI PERCENTAGE RATE 16.03,~p N~TE: Items 2 through 8 above are expenses the Bank must pay to • th~rd part~es. Cred~t (nsurance. 1 understand that I don t have to take out cred~t I~le • s:~rance or c.w.d~t d~sabd~ty ~nsurance to qual~fy for th~s loan But ~/ I :,?nt 1 Can ~~urchase th~s msuranCe throuyh you. pur~hase rt(rom ~-•T~eone ets~ f choose. or ass~yn an existing pohCy I want the ~ surance checked below (or the term oF th~s loan ~ Cred~t I~fe ~nsurance on Borrower's life alone at the cost shown ~n ~tem 4(Max~mum aHowable term ~s 10 years) = Credit d~sab~l~ty insurance on Borrower (First named below) at the cos[ shown in ~tem 5(Max~mum 311owable term is 5 yearsl. ~: Jo~nt cred~t t~fe ~nsura~ce on Borrower and Co-Borrower's I~fe at the cost shown in item 4 R~7•~OWQI S S''i'»IUfQ ' ~ Idate! C ;- ~OrtOW?r~s S ~ndtWP . Idatel Real Property_ O(~i checked herel I am g~v~ng you a separate ( Matgage ~ C~~ss out one) I Agreement Not to Encumber or Tra~sfer Property ~o ~ecure th~s Ioan on properry b~.ated at (Addreu o1 ~ncumb..eo wopertrl '~o~, have atready grven me the requued Nouce o~ R~ght ot Resc~sswn. ~ ~.,nderstand th~s means 1 have three (3) bus~ness days to change my --,~nd and cancel th~s loan 1 understand that you wilt start charg~ng ^~e interest on - 19 Add~tional sgrs~msnts a~d provisions on rsverss sids. 1 have read rne add~t~onal agreements and prov~s~ons on the reverse s~de ot th~s 3c;reement and 1 understand and agree to them Property Insurance. 1 w~ll keep the property secur~ng th~s loan ~nsured ayamst loss or damage I unde~stand that 1 may purchase th~s ~nsuranCe thrOUgh you. m wh~Ch Case the COSt end te-m wdl appear ~n the loan breakdown (8 A& B- o- h.o^: ~r.~~r,e ~!~p ~ ~~ppsq. Euher way. 1'll make tt~e pot~cy payable to you If I don'1 keep it ~nsured or pay prem~ums on time. you can pay them lor me or cancel the pol~cy and get ~~~surance elsewhere If you do purchase such ~nsurance elsewhere. you can select insurance which ;:c~;~~;~ ~~ly y~v~ ~nterest ~n the collateral or which protects my ~nterest and your ~nterest. and in e~ther t~5e I wdl pay for eny premwms you advance wrth ~nterest computed at an ANNUAI PERCENTAGE RATEof 189~. Right to prspay loan. ! can prepay the entire balance of my loan at any l~me If 1 do. you wifl retund a portion of the FINANCE CHARGE (~gured b~ the sum-oi-the-dig~ts method (a commonly useA formuta for f~gunng refunds on instalment loans). But you won't retund any part of the process~ng fee~ (item 108). lace payments- If 1 haven't pa~d an instalment w~thin 1 O days of the ciate ~t's due. I'll pay a late charge eyual to 5% of the overdue ~nstatment. but not more than S5. Th~s charge wi11 not apply to toans over S50.000. - Collection costs. I'II pay any collect~on costs, ~nclud~ng reasonable atec~rney s fees ~f you take collect~on acUOn Entire balance due. If i don'; pay an ~nstaiment on t~me or ~f 1 break one of my prom~ses under this ayreement. you can reqwre me to pay th.~ enrre balanr.e of my loan (less the te(und oi FINANCE CHARGE to wh~ch I would be enutled ~n the event of prepayment) at once w~th~ut not~fy~rt7 me ~n ~t1va~Ce You can also do th~s ~( I ~t~~ss a paymen~ on another debt I owe you. made: m~slead~ng sratPmerts on my appl~cat~o~ become involved m bankruptcy or insoivrnry pmCeetfir.qs. O- d~e Secu-ity. To p~otect you ~f 1 ta~l to repay this loan. I g~ve you as cr,tlateral a"secur~ty ~nteresY' under the Flor~da Urntorm Commerc~al Code ~n the ~o~low~ng property along wrth any replacement parts. acid~aons or eq~~~pment artached to ~t wh~ch 1 own. plus any proceeds. rvturn prem~ums and rebates trom. a~y cred~t ~nsurance or ~nsurance on tho property secunnq th~s loan 1 also understartd that th~s loa~ w~ll be secured onty by the coltatera~ descr~bed below regardless of any SeCUr~Iy prOViSiOnS that may appear in other loans 1 may have w~th yOu f Lnr $~d g,jl 6f yer_Q 9 and 1~, less and except the West 37 feet of Lot lOm r~a~-~€ ~r~ t t e„ ~ Su e-. m ~plat thereof recorded in Plat Book S, page 53,¢ ~t~=~e ~eee~~ af r.r~~e-~e-6eue~y3-F~ar-~da w l ' ~1 . ' ~ I • " ~ ~ . ~ ~ • $ - _: : . • ao H . '_ • '~~ : N ~ !^ If th~s boz is checked. ~ is s~gning thes agresment onlY s ~~o grve you a val~d security interest and wdl have no personal legal respons~b~l~ty on the loan ,.. - i understand that this agreement, and if checked above. a document encumbenng real property, cantain all the terms and condit~ons ering my an If an part of erther of them is unenforceable, the remaining parts will ~emain vslid. I've ! read th~s agr e ent and a now ~i that a fully completed copy of it was fum~shed to me before 1 sig~ed it. ~_ • .., . ` ti ' :; e ;: . (seal) ~ ~ . .. ~,,. (seal) Lon F. Parsons ~ • . f ~ . ' ~ ~ y;-. Y~ , . ~~~*-"'''~:K` ~ , . % . . (seal) . ~ ~+,,. - . . , . „_ , j . , • r~ . (seal) ~` ' ~ ~S ~ ~ . • .~.. ~.i~~ "s~~ ~• '~~f~,`~~~, •1'~t . . ~rJ ~, _ " i.. ~2 . ' _, ' / ~ . .r . . t• j.. ~`f5t4;~_ ', g ~ ~3 5~'..a~7~e~' . ~ .. . .... - - ., . .. ~. ' ' ' _ ' , _.. _.. .. <;.~. ~,. ~..-SS~:?