HomeMy WebLinkAbout2399` (hly~nol b,~•~~
INSTALLMENT PAYMENT NOTE , ,.,.,,, , ,,•.
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In ti~~i notc. ~he Wo~ds,l, ME, N~INE and MY me~~ exh a~c1 all of those who s~qn ~t. The ~vor~ls YOII, YOUR a~~~l VOURS m~an
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Terms of Repaym~nt Insu-anp on Collat~ral
1~~ ~epaV ~~Y 1oan, 1{xcxn~se to pay Yous ~" ~`` ~' `•'' ~
~ ( unde~stand 1 w~l) have to krep the cclliie~.sl tuUy msured aqa ~st
''`, :~~~:' ~',1[;.~ f' i_! ^ Ye' :1' ~j •~ 1 1~^ loss w damage. 1 may obtai~ th~s covr~age throuyt~ any ~~erson of my
- - - - - - - - - - - - - - - - - - - - - - - - - - - - -- - - - - dollarsl. c~ice. lf I fail to p~ovide insurance, ycw may obta~n c.ovr~ age to pro~
~ ~~ ~~ay this a~nount at one of your off ices in a total ot ~~~ tect your security i~iterest, passing the tost ot premiums on to me, plus
interest at a rate not to exceecl the a~nual percenta~e ratc oi this nute.
n~~~nthly ~nstallments cons~shng of - payments of
• ~1'~ ~+~
5 '~ • - each, arxl one f~nal~balloon paYment of
Lat~ Chs~q~
S -' . Payme~ts will be due on the 1'~ Y~ day of If I don't pay anY ~nstallment w~thm 10 days ot thc day ~t's due. I
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~~ech mtx~th heq~nning on ~'"`l~? _'\' ~• 1•' .
W~11 have to pay a late charye ot 5^6 of the late, or unpa~~i :nstallrnent.
~1~~r ~s the brea~down of my loan- ,
1 Loan P~oceeds (Amour.t 1 recerve) S'" ~~~ r•~^ Lsts, Partial, o~ Irtequlsr Psyments
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2 Flor~da Docu~nent3-y Stamp Tax S ~'~ • 1%
You can accept late payments or partial payments, and you w,ll r:vt
3 Cred~t L~fe Insuranoe S -C- loseany of your rishts under this note or the law. You can also ~lelay
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4 Cred~t D~sabil~ty I~su~ance
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e~iorcing any of your rights uncter this note w~thout losing those
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5 Olher =~e ••` ` .-, `~ _•d - E~ S~~~' •~`'
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• rights. Should 1 faif to meet the responsibiirties t have under th~s
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6. Other ~ ' ~ ~ • • ~ ~t ~~ `' - `' ~ ~ S ~ ~ . 1 ~
note, f unde~stancl that unless 1 am ezcusecl from that res~x~ns~b~l~ry
1 Othe~ . . . `• -~ "' ' . '' ' ` r: 1 r' .-0~~ in writi b
ng y you, you will not lose any ~ights you may have ag :~nst
_~ a
B Othrr S me at the note.
. 15
9 Amount Financeclladd 1 thru 8) S'j~s~~~~`~
~ Q Acqwsit~on Fee S f~• t~~ Ri~ht to Prepsy Losn
1 1 Other S ' n- 1 may preWy the loan at any time. lf 1 prepay the loan in full, a if the
t?'t)ther ____- r. S - C' los~ is re/inanced•ihat is, replaced by a new note-you w~U refund ihc
~
~ 3 I~~terest S~~~ '•~._
unearned interest and any unearned C~2d~t Life or Disability prem
~ y FiNANCE CNARGEtadd 10thru 1~ S:.t ~" r•^ i ium, tigured by the rule uf 78's-a commonly used formula fur f~gur~ny
rebates on installment toans. However, you won't make any refund of
i~, 1 otal ot Payments (add 9 b 141 s~~ •`~ `% ~' • f' - !eu than S1: and you won't refund any part of the acyuisit~on i~e.
• ~: ANNUAL PERCENTAGE RATE ' `= - ~ D~fauh
T~~E INTEREST RATE CNARGEO IS AUTHORIZED BY CNAP- ~"~'~~ ~~n tletault.
F LORIOA STATUTES.
T E~~ 656.17 1- It I don't pay an installment on t~me,
. 2. If I fail to meet any responsibilities which 1 agree to assurre,or:
Crecf~t Lite losursnce and Disability Insuranw 3. If you reawnably deem this note or the wllater~l to wh~ch you
C~eci~t L~fe'Oisability Insurance IS requi~ed tor this loan (See have a security interest in to be ~~secure.
tem~ieci f~nance charge-. N any of the alwve c~efaults occur, you can then ~:emai~d immec:~ar~
C~ed~t l~fe;O~sab~l~ty I~surance IS NOT required for this loan. RaYment oi the balance of this note, minus ~efunds fiyured by the
NO cha+qe ~s ma~1e to- cred~t msurance and no cred~t insurance ~s Rute of 78's. You w~ll also have all other leqal rights provided y~~u by
n~uv•d~~i unless I s~qn and date the appropnate statement -~elow: the terms oi th~s r~o!~ or t~y the law, for mstance, the ~~yht to r<e
possess, seli an~i aN~~iv srcur~ty to thr pavments un~ie~ th~s note a~~d
,, The cost ot Cred~t L}fe Insurance alone to- any other debts I may then owe you
t-~c trrm ot the creci~t w~ll bc S --
' Collection Costs
!~ Thr cost ot Geci~t L~fe and Disability Insur~ If I'm in detault under this notc t:nd yoi~ ilemand tull p~yr~~nt, I
.inr~~ tor the te~m of the cre~tit wil) he S --- agree to pay you mterest on the unpaid halance at tl~e anr:ual ra!e of
5~~~0 10r+6. If you have to sue me, o~ tu~n ~a~y account w~th y~u over tu
~•-t ~e Cfed~t Lite your attorney in order to collect what ~s o:ved you u^Jer th~c note, 1
.;•.~ncc Only __ a~ree to pay yow reason~ble attor~ey's fees and courr c»ts
1t)atel ~~~ ~~~9^~~~ei~ ~ ' ~
~• >.re C~ed~t l~fe Comakers Cotwrrowers
.~ance Only FIl:O thC F! C0~(1E0 ~make-s are the sanie as oobo-rowers anJ cosigners. If I"m z+y~~~nq
coare~ RCG AS this note as a comaker, 1 agree to be equaily res~onsibte with the t~or-
~!• .~re C~ed~t L~fe and CIERK CtR~U1T CGU:' ~
~ ~Q~r, although you may we e~ther or all of us. You don'1 tiave to
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~_.,h+1~ty I~surance `'~~~ ~~' '•~- - notify me that th~s note hasn't been pa~d You Can thar:ge the terms
tt~aul t5iqnature) ~
of payment and release any secunty w~thout natrfy~ng or n•fca:+nq
Collateral for the Loan me from ~espons~bility on th~s note.
a. .. r:~ateral for th~s loan, 1 gwe you a secunty interest in the fdlow- ~
,
, ~ot~ert~. ' .. . .': , t: .. •
Anuperof Gedit
_ ' ' -~ ~ ~ _ ~ ` ' ? -`' ~ - - If someone other tha~ the Benk has arrang~~d th~s crcKfit tra~ti~~on,
_ ._,_ _ _ L~~ ' _ ~. - ' • • - ~ .- ~ . ~ ~ 1 ~ the~r name, a~+dress an~1 s~q~ature of theu authorize~t re~resMt~twe
' ' • - ~ • -- . . , , . ~ : _ ` ~ ` _ . . ? ,
- - is as follows: - ~ ~
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Arranger o~ Geciit ~
---------° . . .. ` ' ' ' Acldress:
-- - ~ . . . . , • ..:, • , . _ . ~ ` i, . • I • , 1Ae Rn:~~ nt Of s ~'
1'~~ Arr plt4tad TO
,~,~~~~• xcounts or secunUes or other RroAerty o~ m~ne that comes .
S~gnature o~ a~~nt!• ~~ ~ ~ n-~ -ye ••
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c• ~;>~~• ~~ssess~on' at any time while th~s loan ~ema:ns unpaid, ancf _
.:"nnev refunded o- payable by any mwrance comPany that m• (`ppy qe~e~r~
•<:nF cc+tlateral aga~nst loss. i'Possess~on means-deposited wrth The borrowrr acknowle~lqes rece~pt of a compietely f~~~~~f ~n eop~~ ,f
•• ..a~~A ~n an~ form, suN~ as che~k~ng, sav~ngs rn collateral vault.) this note.
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' ~' - -/ ~~~K 349 P~~E 2~398
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