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ApD1TlONAI AQNEEMENT= AND PROV1810NZ
OwnKSA~p and UN o1 Collat~ral Ilf S~cursdl ~ou a~so secures a1~ of you~ other ~ndebtsdness and otner
r~prssent that y0U OWn and haV! p0:3lK1011 O~ 1n• OC':ya~i:i::3 ~t3 ~ii6 aai~T.. ii~ii~SiiiSf ii'uW Siii~j~il(~ UI
coNatsrsl No on~ e1s~ h~s sny cla~m spa~nst ~t You ~ncur~ed ~n the luture. except any such furure .
prom~sa not to g~vs up possess~on oi tM collat~r~l fa obl~yaaons w~ll not be sscueed by a~y mortgage on
mors the~ twenty-four (241 hours o~ do anyth~n~ th~t your prinapal dwelhng unless spet~f~Cally so egreeA by
w,U creaa a cla~m aga~nst rt You prom~se to tsk~ au You a~ ~ne c~me such oDhgaaon ~s ~ncurred
re~sonsble steps to p~otsct the coltateral from othe~ ~
crsdrtors. to keep ~t in good reDa~r and not to use irt for ~
any ~Ilegal purpose Entir• B~I~ncs Ou~. It you don t psy an ~nstallment
on time or it you breek one of your prom~ses under this
D~lay in E~forc~m~nt. Ths Bank can dalay snforc~ng ag?eement. the Bank ca~ requ~re you to pay at once
any of ~ts nghts undet this egreement w~thout los~ng the entue belence oi the loen (less the refund of
tham Fot example. the Benk Can extend ths t~me tor • unearned f~nence cha?ge to wh~ch you would be
mak~ng some payments without eatend~ng others. entitled in the event of prepaymentl and without
notifying you ~n adtance ?he 88nk c8n also da th:s ~t
Insuranc~. You agree to keep ths property securing You m~ss a payment on another debt that you owe the
th~s loan insured against loss or demage. . Property Bank. ~f you made mislead~ng slatements on your
msurance is not ava?lable irom or through ths Bank. appl~cat~on. ~t you become mvolved m bankruptcy or
msolvency proceed~ngs. or ~f you d~e
You may purchase the insurance irom anyone that you
choose, but you egres that the policy proceeds and
prem~um rebates will bs paid to the 8snk. If you don't Pr~paym~nt. You can pr~pay the ent~re balance of `
4
keep the property insured or pey premwms on time. Your loan et eny t~me wrth no penalty It you do, the
the Bank can pay the premiums (or you or cencet the Bank w~ll rebate pre-computPd finance charge
policy and get insurance elsewhere. If the Bank does Pursuant to the sum of the dig~ts' method. a _
Furchsse suCh insurance etse:~het8. it ~an select commonly-used method for compuUng rebate or
~nsurance which protects only the Bank's interest in unearned interest There w~ll, however. be no rebate of
the collateral or which protects both the Bank's any pan oi sny ioan processing iees.
interest and your ~nterest; in either case. you agree to
pay tor any premiums advanced by the Bank with Reposaession. The Bank can enter your premises and
~nterest at eighteen (18%) pe?cent per annum. You ~epossess ths collateral if the entire balance of the
appoint the 68nk es attorney-in-(aC! to negotiete ana loan beCOmes due tor any reason or you break any
handle all matters wrth the carrier oi any insura~ce on olher promise you have mede under th~s egreement
your propeny. including but not timited to the No advance noace w~R be reqwred Or. upon request
endorsement oi checks end drafts of the Bank. you wdl deliver the collateral to the Bank
~ at a t~me and piace des~gnated by ~t
_
Crodit Life Insunnc~. You agree that if you request
i credit life insurancs by signing on the ~everse side o( Once the Bank has possession oi the collateral. ~t can
j th~s agreement. you acknowledge your understandmg se11 ~t and apply the amount it rece~ves to the unpa~d
that you have the oDtion of essigninA eny other baiance of your loan The Bank will not+fy you at least
~ seven (7) days before the sale. Ii the saie pr~ce doesn't
~ ~nsurance policy or policies that you own or mey
~ rocure tor the ur cov~r the total amount vou owe. you aqree to pay the
~ p p pose of covering your loan and that
unpa~d batance. mcluding costs ot repossession.
I credit life insurance need not be purchased from the
~ Bank m order to obtain the loan. storage and sale. and reasonable attorney's fees
~
~ You agree to recla~m anything in or on the
i Balloon Paymsnt. If a balioon payment exists at
~ repossessed coliateral that isn't covered under this
i matunty and is not pa~d when due. the Bank need not agreement within th~rty (30) days after repossession
~ ref~nance the batloon payment. You may reapply for Otherw~se. you agree that the Bank can abandon
cred~t to tha Bank; the Bank will considet the c~edit these ~tems or donate them to charity.
application and loan in light of the Bank's then
~ effect~ve {end~ng standards and the Sank's then Total Agreemsnt. Th~s agreement and mortgage (~f
; oHered loan rate and loan types apphcable) conta~n al~ o( the terms and cond~tions
~ Collection Costs. You a ree to covering th~s loan. li any part of either of them ~s :
g pay any collection uneniorceable, the remaming parts wdl continue val~d.
! costs. ~nclud~ng reasonable attomeys fees. if the 6ank
~ takes collection action. Waiver ot Pre-Existing Mortgage. Notw~thstand~ng
~ - the prov~~~ons oi any pre-exisUng mortgage. th~s note
! Collateral Sscurss Othsr ~ebts. You agree that the shall not be secured by any mortgage on your pr~nc~pal
t collateral tor this note described on the reverse s~de dwelling not descnbed on the reverse side
i
I
r LEGAL DESCRIPTION:
= Lot 5, Block A, HIDDEN ACRES, according to the plat thereof, recorded in Plat
Box 17, Page 6, of the Public Records of St. Lucie County, Florida.
- 623838
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