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Home My WebLink About2957_ . __.._._ _ ~ ~ .. . . . _ -. - -~.~u, ;,,~~ Southeast 8a~k Consume~ Loan Note and Security Agreement~ rporation ~~""~~ A Florida Co s~~~n~~;,s~ _ __ _ _ _ _._~ __ _ __ _ Jensen Beach ganking Center Jensen IIeach -- -- - --- ----- -- -_ _ c~d ,na,i,.~~~~ ~~~~~ wurds /, me anc!'my mean the borrower and anyone else who s~gns Tiie words you and youi relei to the Southeast Bank ~~~~~wn alxwe Ron~tld E. Bowen 2510 S8 l~amdsn Rosd Ei~,~f~,wers Na~»~ __patricia M. BOwon __ _ Address Po1't St. Lucie, P~a. 334SZ Da~e 2/13/81 ?!~~. ~s the agreemem that covers my loan with you I uncle-stand that anyone wi~o s~gns th~s ayreement w~ll be legally respons~ble ~ 1~ ~~ i~~tf~e~ and mdw~dually) for repaymg the total amount owed, unless they are only siyniny tu grve you a val~d secu-~ty ~nterest Promise to pay. To -epay my loan. I promise to pay you ihe total of payme~ts shown in itern 11 below in 60 _ monthly ~,~~,~Iments ot 5_-.14Z..$.1__each 1"II begm makiny paymems on ~nh 14„ . 19 ~ ~nd wdl ~~~~t~n~~e to pay oii the same day eaclti month until the loan is pa~d sn full I'li make pay~nents m person or by mad at the oft~ce . ~:, tipeci(y Here's a breakdown of my loan~ p~operty Insurance. I w~tl keep ~he pro~~erty secunn,y ih~s loan ' Amounl 1-ecewed $..$~QO~~ OO_ _ ~nsurec! aqa~nst loss or damage 1 understand Ihat 1 may purchase this . Ai~pra~sai iee $__.__-_Q_ ___ __ msiuance throuyh you in which case Ihe cost and tesm wdl appear ~n For Real Estate Loans onlyl ihe loan breakcfotivn 18 A& BI or trom anyone else i choose E~iher way 1 II make the ~bcy payable to you ~ R~•rordmy fee 5 ~~~_ It I rfun t keep ~t mSUrCd or pay prem~ums on time you can ~ay them • U, t~onal credit I~te lo~ me or cancel the pohcy and yet n~surance elsewhere If you do -~,urance $... -~-. _ ~iurch,~se such insuran~e elsewhere. you cen seleCt ~nsurance wh~ch :)~~t~onai credrt d~sabihty . urotects c,nly yow mterest in the collateral or wh~ch protects my ~ntcrest <ind you~ mte~est and m erthe- case i wdl pay (or any •n~ur.ltlCe 5 ----- ~ ---- -~ ,' prem~ums you adv~nCe with interest Computed 3t 0n ANNUAL ~ `~~`"~u, ~`'x. 5 _.___ _ ~~'~S ' PERCENTAGE RATE o~ 16%. ~ Other ChTryP.S lexplam) -- -- - -- ---- - - - - - - - ----------- , ---- --- -~ --- - Right jo prepay loan. 1 can prepay the enU~e balance ot my loan at ---- --- -- ------ - S-- -- -~~- --- an~ hme It i do, you will refund a portion o1 the FINANCE ~. Prc~per[y ~nsur:~n~e ~}~~~~, i~•~•~~ ~„~~~ ! •.~, ~~...•,t ,. ,.. ,.,,. ;,,::k. ~ CHARGE f~yurFd by the Sum-of-thB-digtlS methOd ~e COmmoniy 4 Fluoci ~nsurance 5-__-D- -__ used (ormula (or i~gunny refunds on instaiment Ioansl. But you won't fur_. ___ __._ __ n,onths refund any part ot the process~ng tee (item 1081. ~ Phys~cal dama~~e ~nsu~ance S___ -Q-_ ____ Late payments. If I haven"t paid an instalment w~thin 10 days of ihe ~o~ ___ -._ months date ~Ys due. 1'll pay a late charge equal to 6% oi the overdue ' A~*~uunt i~nan~ed I 1 th~u 8- 5~,$~~2.~_ _ ~~~stalment. but not mo-e than t5. Th~s charge w~ll not apply to loans •. FINANCE CHARGE 5_~~$~~g~__ over 550,000. made up of . -- - - - - - - - --- ---- A Interest Collection costs. I II ~,ay any cotlecuon costs, mclud~ng reasonable 5 3,8Dfi.45 - B Prepaid a~~rrn,~~ s fees ~f you take collect~on acUOn FINANCE CHARGE S - -- -5U.0~ IProcess~ng Feel _ _ . _ __ ,_ __ _ ______ _______ __ '' Tntal ot payments 19+ 10! S~HGB.GO- - Entire balance due. I( 1 don't pay an mstalment ort time or if I break ANNUAI PERCENTAGE RATE 1~~.6,,Q-___ _~, c>ne ~it my prom~ses under this agreement, you can reqnue me to pay ; NOTE: Items 2 through 8 above are expenses the Bank must pay to ~~~P f'~~~~fP balance of my loan (less the retund ot FINANCE i thud parties CHARGE to wn~cn i would be ent~tled in the event oi prepayment) ~ ~t nn~ e wrthout noti~ymq me m advance You Cen also do this ~t 1 G Credit Insurance. I understand that I don t have to take out credit I~fe ,n,tis ;~ ~»yrnent u~ a~other debt 1 owe you made m~stead~ny ~ -,+~,r_e or ~red~t :i~sab~hty ~nsurance to quahty for th~s Ioar. But ~t I Str~tem~~ntt ~n my appl~cat~o~ become ~nvolved in bank-uptcy or '~ Can ;~urCMaSe this ~nsurance throuqh you purCh05e iI trom mti~ilvenry ~~rnc:ee:lmqs Or d~e ~• ~~~e else I choose or ass~yn an ex~st~.i,y pobcy ! want the , - _ _ _ - _ _ _ _ ____ - _ ___ _ ~ .~ ~r,~:e r.hecked t~e:uw for the term oi tlus loan Security. T~ ~voteci you ~i I(a~l to repay th~s loan. I give you as C-ed~t I~(e msurance on Borrower's I~fe alone at the cost shown m ~~tlat~~:jl a secunt~ mterest" under the Flor~da Un~form Commercial ` !em 4 IMax~mum allowable term ~s 10 ears) ~ Y Cc,rt~ ~n the totlowu~~ property alony wrth any replacement parts. ':~ed~t d~sab~i~ty ~nsurance on Borrower (First named betowl at the ~'~»~hc~ns ~r e~~uq~ment aitached to ~t whiCh 1 own. plus any prp~geds. ~ ~~st shown m~tem 5(Max~mum allowable term is 5 years) ~f's~+~„ tir~nuun~s ~~d rebales trom any tredit ~n,u~ance or msurance ~ !~n thf• prc,iierty secunnq this loan 1 also un~erstand that th~s loan w~l1 ~ ~n~nt credrt i~fe msurance on Borrower and Co-Borrower's Ide at ~ tu~ secu~e~i ~nly by the cntlateral descr~bed below regardless ot any ~ ~`~e cost shown m rtem 4 tirt'ifnty ~ttp~•iSiOnS that may appear ~ri other~loans I may have ~wih ~ ~ .•.~~r 5 Vtlu ~*~irc~ e - - - - -- - ---------- ~ > i~a~e- As described in said mortgage. ~ ~ ~~~r~OW@f~5 ---- - -- --- -- -- - ------- ---;-- -- -- - - --- --------~---- --- . ~'~ir~ -- - -- - ~ O ~ ~date- _ Lot 13z_$loCk 46j _South Port_St. Lucie, _ m ~ --- -- ---- -- - -- -- Q Real Property. ~ I~i checkecf herel 1 am y~vmy yo~ a sepa~ate -' ~ Unit _Six_ _~6~,__s_Subdivision according_to _ - c Murtyaye ~ . ~~ut onel { ~ A~~reement Not to Encumber or Trar~sfer P~opertv the P1Bt_th6TCO~L 2'CC02'd~ ~T1 FlSt_ SOOk 14~ N ~re this loan on property lo~ated at - - ~ ~ - - ~- - - - -- - - -- ----- - 14A and B of the Public Records of St. Lucie d ; :..:;...,._,~+ ....:.....::..~.,~~:.~,,..,,,. - - ------- -- - --- - ---- ----------- - ~ ' '-+ve alrearfy ~~~ven me the reqw~ed NotiCe of R~ght o( Resc~ss~on ~ fi t~ rst~n~1 This me2n5 I hdvB three 13) bus~ness days to chanye my __ ~Q~~-a F10T~dS___ __ ______ , _` ~ F ~+~~d cancel th~s It~an t understand th~t you w~ll start charying p ~,r~.rest On -- _ 19------ m I - _ - -___ _ --- - - -- - -- --1HI~ _ I~ _ ~L_~~ND MORTGAGE m ~ Add~tiona) agreements and provisions on revsrss side. I have read ' ~ ~ •~,~fri~t~onal ayreeme~ts and prov~s~ons on the reverse s~de o( this ~ ; , , ~nent and I understand and agree ta them -- - --------- --- --- ----- --- N ~ , ' ~ • I! th~s bc~x ~s checked. ~s sagrnng th~s agreement only ~ ~ ! ,~~.e you a va1~d secunty mterest and w~li have no personal leyal responsibd~ty on the loan ;~~~ierstand that th~s agreement, and it checked above. a document encumbenng real property. conta~n all the terms ~ +-~~i condit~ons covenng my loan If any part of either of them is uneniorceable. the re~na~rnny parts w~ll rema~n valid I"ve ~ ~~~~+c! th~s a,y-eement and acknowledge that a fully c~mpleted c ~t was fur hed~iq fne-~ before I signed it s r ~. (~ .~, -1_ ~B0~3cI---- ------------- IsealM ~-~~• _$OMetti .l~:~-~._. iseal! Port St. Lucie; Florida _33452 ~seall X_ • '' ~ / I -~#'3t1'tCfs-~-~oNdlt ' : Iseal) ~ anrni 348 PncE 2~5 ~- .~~.`:~~ ~..~.k:~, ,~:Yx~=-~ .r :~ '~ ~ .~r~