HomeMy WebLinkAbout0917 ~ ~ . _ ' . - - 1 - ~ . -
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~~30~ 3'1!~'~?0!~'rN0r1t tlovee+ber 5 81
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FQR TI~ tALUE RECENED.IfMUn on~. jokM1Y ~~MY). Y
b 1h~ qdK of ~~~~andMna~~tl~tn Md~cltl~Mt~ b
3un IIanh
ef 3t~_ f...-
°_~n" gka pi~'~~ . 1~
MMr1 RIi~ElO~d) ~Md b~lO~IN.IOQ~IK 1M~f ~AI~'E. a1A~$ (~Ofit IIM di~ hiitr0l it 1~N
A~
aA~~
~ bNow pK ar~n on ~h. h~M amourK a s~id air~d~M sum nrr~iNrp ~om wns tp wri.
top~lt~wilhoo~lsandaa~~ of ooMsc~io~ and reaeay~bis atlomsy~~'~ .
' Neso~~op~M.a b!?~ p~oos~orttMa+ah an atb~~y at
. ~ !:.'.^-""';.'r~"'~~' • - Mt~nirrrr~tandtawh~ic~w~esthenataatNd andtMt~er~t~kKf~r, bprkt-
h ~
t. Pr~oossd~sof ~ : = 186.000.00 ~1)
2. k~urer~cs hsneuncier . sPecify .
hPesof tor ) .
4 '
< ? s n~8 ~2~
, 3. Olflcisl Fees: _
s 47.50
~a~~9~i0~1 d ~ s n /a -
Do~ne~rl?S~mPTax s 2~9.60
. Olf~Charges: (deaa~be)
n/a
TOt81OI(ide~FeeB s s 327.IO ~3~
4. Credit L.Ne 8nd/or D~ly Insure~noe Pretnitun (itemized bebw) s n~a (4)
5. NMOUNT FINANCED (1 + 2+ 3+ 4) ; 186, 327.10 ~(5)
g, ~E C~p(~ (y~~ j~g p~ s 90 014 . 30 ~
g~y~~pf= n a ~ s 90,014.30 ~6~ .
7. TOTALOF PAYMENTS (5 + 6) Z 276, 341. 40 ~y
8. YowANNUAL PERCENTAGE RATE is 16. 75 96 (6)
The abowe TOTAI OF PAYpAENTS shaN be payable in _5~mortthly instalbner~ts oi Z. 4, 605 . 69
on the _Sth_ day d eaCtt suooe~sive month oomrne~cing on December 5 ,19 ~l_ . t~getl~ witt~ a
BALLOON PAYMENT in 1he amount of S~ n/a due pn _ n(a ~ 19 ~ pr'ovided. ho~w-
ever. that the final paytnent of fhe enti~e indeb~edness evicfenced heteby. if rwt sooner paid~ shaM be due and PeYabte
q~ _ November 5 .19 . The Unde~si~red Pr+o~ to PaY late charges r~ot ~o exCeed 5%of the smount of
any or paym~ in default.
~~~"~~LERATION-tn tha e~rent any instalk~ent o~ prinapal and ~terest is rwt psud when it beoort~es due. orthe happerang
of ar~y eventd default. or in the eve~t of the death ~ any maker. eridorseror guarantor hereof. the prinapal sum (AMOUNT FI-
NANCED) remainin9 unpaid hereunder, together with aN a~oaued and psst due interest, plus the se~vice fee ibemized abwe.
+ess anr rebates required by law. snau ar~m~edia~e~y and without notice beoorne due arxl payable e?tine e~ection otu~e noide~ ac
any t~ne ~
The amounts refemed ~o above have been oompt~ted upo~ the as~unptior? tl~at all ir~stailrr~ent payrr~errts vviU be macle on
the respecdve sd~e~duled due dates. The FlNANCE CHARGtE is in~osed o~t the ur~aiid outstanding balanos oi the AMOUNT -
FIN/WCE~. If an~r in~lrtier~t is not p8id in fuN on suCh due daie the und9rsigned wiN be obi'~gate~ topay such edd~dorlal
arrwuMs as maY beoo~r~e PaYable bY reason of the oor~tinuing aaxual of FINANCE CNARGE$ ffi the ANNUAL~ PERCEN-
TAGE RATE designatied abo~ve. My res~n9 c~ange~ aaxuin9 on aooount of fa~ure to make timely payn~sitt on the due dates
will cause incxeases in sar~e of the amounts designated at~o~ve. and suc~ aggregate incxesseshall be payable atthetimeoithe
Isst installReerit. My ir~nent payme~nt made pr~ to any ~e dste or dates. a anY PfeP~Yme~nt. wiil cause cieaesses ~
sorne of the amouMs designated above for the reasa~ thatthe unpaid outstanding balar~ce of the AMOUNT FtNANCED wiN be
redix.ed and the ANNUAL.PERCENTAtiE RATE designated above is appiied to such reduced outstanding balarwe.
The undersigned has the ri~t ~o prepay this indebtedness, in wtwle of in part. without penally at any time ~on the pay-
m817t OT SOCf 1160 sfl~ p8s[ dl!@ iI1Ie~9Si ~D w7un V~ 1+~
e~F+ay~Ti'v~
n-Fri~iB u'~"'~v av.
J~., w~aw~.
~.~a3 ;"'Yg, !+~+~!+~!~i~!. fl~i! ~
{~f~8~ ~fA~B~(T1~BM O'f ~f~81 S~iBu b@ 8~19d ZO ~18111$t8~(i19(lt O~ 111~81~tT16M.S 0~ /)flflCl~ ~~11811Jf1~ ~l@I'BUI~@~. UpOfl
(NB~S~JT16ftt. ~18 LlfId9~81~19d Sf18N 0~81f18 f@ilJfld Of til@ U~1US9d ~~IOf: 0~ ~1@ ~ rlf@ 8fld/0~ ~1S8b111~ II1SU~81'108 pf6tT11URi
induded in tfie A~AOUNT FINANCED oomputed under the'Sum of the Digits' ('Rule of 78'~ method. ~
PROPERTY INSURANCE, if w~it~en in oonr~edion with tttis ban; may be obtained by the undersigned throu9h ~Y P~
of his cf~oEoe. Such p~avaitabie tt~ough the above nameci b~r~c.
CREDIT UFE A~~)~13ABILITY ((Y.SUI~ANCE IS VOLUNTARY AND NOT REQUIRED FOR CREDIT. Such Msu-
ranoe coverage is avaitable at the ooat ted be~low fa the term of the credit. Florida Iaw requires that before an~r crec~t life
insurance maybe sdd. the credibor rtwstd~ the borrowerthat he has the option of assignin9 ~Y~ Pa~Ya pa~s the
debtor owns or may procure for !he pwpose of oovering said loa~n and borrower is so advised.
O Credit Life insuranoe (insu~ed No.1) ~ s
Credit I..ife 8nd Disebiljtty Ins~xi~noe (Msured No.1) n/a S
( I.JoiMCre~ditLJfe Ir~uanoe s
Jo~t Credit L.ife and Djsabilny Instuance .
(Dis~tbilityon I~ured No.1 only) ~ _
VWe desirethe ins~xanoe ooverage indicated above.
n/a n/a
(It~sured No.11 (Date) (InsuredNo. 2) (Date)
SE(~JRl1Y - ihis ban is eeax+ad by a Sear~y Aaresment d ev~en dala ooMering rite foio~wir~p deaa~bed Pr~nPertY (~eaa~be)
See Attached Exhibit "A" - Paaes 1 thru 4.
t'in~InOed t~ ~~aMs to the h0lder 8 seCUlity iMerest in any retumed or unearreed premiums hom eut3l insu~en08 .
Tt,e security ngreemeM,Nil~ sea,re rua,re or oti,er indebtedness and may oover aner a«~uired property exduding, now-
~Y ProP~Y ~ti~9 d~umer 9oods which are not aooessio~na.
Presentment. rtotioe of c#sho~or and notice of non-payment are hereby wafved by each maker. endorser and o~tl~er
to this rwte~ and each of tl~em do hereby waive the ~ight to be sued after default in the oourriy of their residenoe. ~~,Q~
The undersi~~ed adcnowteciges rec~eipt of a oompi~d oopy of tt~s ~ote on the sbove date. ~ 1'~
CO ENGINEE G, I
4000 Metzqer Road . ~5~~
" y Lloyc7 Sutte "~?ice-Pres. Treas.
Ft. Pierce, FL 33450 ~ .
~ . • (SEAL)
. ~ ~ ~
so~aaoo~a n... ~t - ~
~OOR IA6f t~ (Signature)