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For value reoeived. the undersig~ed ta~d if mora then ohe: ea~ch of them jolntly and ~ire~allyl,~t~eneinefta~ calted~
, Maker, promi~es to pay to the order of s~ e~ ! Iwhlch, toge~her Nrith aubaeqwnt
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holcisrs of this no e, are referred to as "Bank:'l~at its ;office.et P~.ari~ ~ Florids, the p~incipsl wm.
af ssv~at~en, t~ov?~sna thres h~a t~sntv-aw.A ana 76~10o pollan ls, with
intereat irom the dste I~+eof at the rete of 1~-3~~ per ~nnum on the full an+tiunt tlf feid principN wm romein- •
mg~om time to time unpaid.. paYabip.i~ mortthly..inst~tlmenia of ~,,1~i, each pt~ the -
8 " ~ 'r'
~ dey of each suooessive~ month_ cbmmenci+~9. on-,r„ ~Yil e,-~ ~tp •'topether'.wjih one psY• .
. ment~ in the amoilnt of ~].4,,~,~e3a.?~i , due ,or~.._,~ 8,~....19~.BZ_._ , pr~o~vided, however.,
that the #irial~ y~t Of ihe ~entir~ intiabte~n~s evi~ h~by. if s~t s„^~~ ~isl, ~±d nsya6le an
~ , 1 •q 87 The Malcer promises to pey late charges not to exoeed 576 of d~e amalnt of '
any paYment or paym~~ts~in default.. ~ ~ . . , • ~ ,
, • qll payments made hereunder shali be credited firat to interest and lawf.ul charges ~he~ accrued a~nd t~ ren~airi-
; ~ der toiprincipal. The Makb~ has the right to repa~y this loan, in whote or in part, without penaity at any time upon the,
pay~ent af accxued and past ~e irite~st to date of prepayment plus a~ervioe fee in ihe amount of the less~ of
• 5~0.~ or 2 peraent of th~; prFr~cipa! amount ~of this loen IAmount Finanvedl. Provideti, however, that any pertial
~.p~payme~tt of prinCipal shail be 'appiied to tha installment or installn~ents of principal Isst maturing hereuncier. ~
'The ~mounq.referr~d to abov~ k~ave bee~ ~computed upon the assumptlon that afl instaliment peym~ts will be
''~',,1, ' e'c~ tt~e resp~ct~ve ~eduled due dates.l'he inte~est is imposed on the unpaid outstanding principal balanoe. If
~,,ar+~j';:inst~Ument i~, n0~ p~aid in'full ort such due date. ths Maker will' be' obligated to pay, wch additiona! amounts a~
ma ~be~mef~~ Yable~p r~ason of ~Ithe Ca.
tiinui designated above. Any resulting
, Y, ~a y ri~ ,aocxual of ~ interest at the rate
s',~, ~bar .~FCruM~ on ~c~SOunt.of fai~ure'td mekA.ti~r~sly payment`on the due dates mey cause inc~re~ses i~ some of the
8~'1~ts ~gna~ed ~ and s}~ch.aggreg~te i~lc~ase shall be payable at the time of the last instaltmen~ Any insteli-
rtient'n?aal~ ~ior'to any~t~~ date or d~te~, or~a~Y epaYment, witt causs~de~x~ in some~of the amounts designeted
abov~e :for .tbe,reasoci th~t the u~p~id dt~tstatxlin~~xincipal balsnoe wilt be reduced and the inte~st rate designated
above irapplied'to suCh red~l,ced outst~antting balance io_determine the amount of interest that ia due.
If the Bank deems itself insecure, or upon the happening of.any of the following event~, ~ach of which shall
constitute a default hereu~der, all liabilities of eed~ Maker to 8ank shall theneup~ or there.after, at the option of
~ank, without noiice Qr demands t~ecome due and peiyable: (a) failure of any Obiigor (which term shalt mean and
include each AAaker, endorser, su~ety and guarantor of this note) to perform any provision of any ser,urity agreement
securing the repayment hereof, to pay interest hereon when due, or to pay. sny other liability whatsoever to 8a~k
when due; (b) the death of any Obligcx; (cI the filing of any petition under the 6a~kruptcy Cocle, oir any similar
federal or state statute-by or against any Obligcx; (d) an application for the appointn~ent of a reoeiver or the making ~
of a gene~al assignment for the benefit of crediton by, or the insol~rency of, any Obtigor; (e) the entry of a judgment
against any Obligor; (f1 the issuing of any writ of atted~ment or writ of gamishment,.or the filing ot any lier,, a~inst
any properfy of any Obligor; (g1 the taking of possession of any subatantial part of the property of any Obligcx at the
instance of any gawarnmentat authority; (h) the dissolution, me~+ger, consolidation o~ reorganization of any Obligor;
or (i) the assignment by any Maker of any equity in a~y Collateral ~eouring this Ioan without the v+Ritten oonsent of '
Bank. -
In addition to any other Collateral securing ihis (o~enn, if any, the Maker hereby grants to Ba~k a seauity interest .
in all property of each Obligor now or at any time hereafter in the posaession of Bank in any capacity whatsoever,
including, but not limited to, any belanoe or share of any de~osit. trust, or agent aooount, as security for the payme~t
of this note, and a similar lien upon and sewrity iAterest in all wch property of e~ch Maker as security for the pay
ment of all .other liabilities of each Maker to 6ank (i~cluding ali tiebilities of each Maker). .
The Obligors, jointty and severally, promise and agree to p?ey all oosts ~d expertses of collectior~ and rea~onable
attorneys' fees, w~ether incurred in connection wiih oollection, Vial, appeal or othenNise.
Presentment, demand, protest. notice of dishonor, and extension of~ time without notive a~e hereby waived by .
each and every Obligor. ~ ~
Maker acknowledges ~eoeipt of a completed oopy of this Note and Mo~qage on the above date.
Geo7Cqe F '
5702 Oranqe Dr., Ft. Pierce, FL 33450 .
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5702 Or e Dr. Ft. Pierce FL 4 ~ ~
ADDRESS ~ St NA RE ,
Doc stamps in thQ amo~mt of $26.10 Affixed~ to lbrtqaqe.
5oM and unda - br~oon '
3~0~5600b7 N 7/82 ' ORNINAI. •/wMc t~// YE~LOW - Q~storrwr ~ . PiNK - FN
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