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P~RT II ~ TR~PICAi.. TELCO FEDERAL. C;R~D1T UN10N "
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~ , - PROMISSORY NOTE ~ ~
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Date 5-22-.75 Note No. ~ 5-29633 Loan No. ~ 1. Acct. No. 7831-Per
~a) AMOUNT ~INANCED ~ ~pap,p~ ` (b) CHARGES (doc stps) • ~~50 -~"--{c) PROCEEDS (a b) ~4992.50 ~
d) No. of Payments 59 ~ ~ _ . . (e} jAmount ot Payment $ 113.00 - (fl Frequency ~,~~th 1~Y - _ ~ ~
"g) FINANCE i:HARGE (total interest) if loan`ts spaid according t~ schedule $:1643.40 Intere~t begins
to acGrue from the date of the tcan. if the ~rst payment is made exac:iiy 30 days from the date of the loan~ no adjust•
- mer~t need be made on the FINANCE CHARG~. if the first payment is due in the same manth~ interest will be sub-
tracted from the FINAiVCE CHARGE for all the days less than 30. If the ~`irst payment is rnade a~ter s0 days, interest wii! ~
be added to the FINANCE CHARGE for all the days more than 30. The FINANCE CHARGE is $.03 a day per $100.00.
~Yhen applicable I request that ~5.00 be deducted from the proceeds of this loan and placed in m~ account.
;h) ~'he first payment to be ~ad~ on the last working day of June-75 • ii~ Total af payments (a g) $ 6643.~t0 .
~ J) 1 AGR~E THAT PAYROtI. DEDUCTIONS WILL BE APPLIED TO SttARES. AND TRANSFEFtRED UNDER THE TERA1~ OF THIS NOTE AS LOAN AND ;
INTERES'T FAYMENTS Ai A LATER DATE. - '
_ .'urpose Room Add i t i ~a ~ - - - ~
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':~Ilateral MqKER ~ ACCOMMODATI~N PAR7Y ANO HOhtE I.IENs Lot 2~ 81ock 2 of Fort PiPrce Fcta{.~~~
subdivision in the City of Fort Pierce, Florida, according to the plat thereof, recoreded in
Plat -B~c?k 4, at Page 42! of the Public Records of St Lucie County, Fiorida, ~EE~r-hec~
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1 AUTHORlZE ANY PHYS!CIAN OR 07}iER PER50N WHO HA3 A7TENDED ME OR EXAMINED ME; OR WliO MAY HEREAFTE1t ATTcND 0~2 EXAMII`E ~
TO DISCLOSE AT1Y KNOWLEOGE 17iUS ACQUIRED TO THE E%7ENT PERMI:7ED BY LAW. ~ ~
',s mak~r of this toan~ I certify that thp debts given t~ ihe interviewer represent all existing debts. All statements' mad~,
~:~~cluding thase given to the interviewer are t~ue~ cemplete~ and submitted for the purpose of obtaining credit. ( under-
: tand that if the request is denied I have 60 days to file a written request for a reason for the der~ia{. I acknov~ledga -
°,~ceipt of a copy of this form ~rhich includes the credit disclosure. f further acknot~ledge the terms of the secur+ty agree-
~~~ec~t on the. reverse side which is hereby incorporated by reference. (WFlEN APr LtCABLE)
: or value received, Ijwe jointly ~and seve~ally, promise to_pay to Tropical Telco Federal Credit Union, or order~ the amount =
;inanced with interest an t~e unpaid balance at the rate of ONE PERCENT PER MONTH ON THE UNPAiD BAI..~NCE (1 Qo)
.iVhUAL PERCENTAGE RATE 12%~ payable in monthly installments each month tmtil the full amount has been paid. - _
tn cas~ of any default in payinents as herein agrepsi, or in case I,NVe terminate employment through a leave of ab-
~ sence or othe~ reason with any of the companies named belew, or in case I/'Ne transfer from the operaiing territory• of ~
;he _Tropical Telca F'ederaE Credit Union (as defined in the charter) the entire balance af this note shatl becor~~e imme- }
t ciiately due and payable~ at the option of the holder. ~
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Each party to tliis note, whethef as maker, comaker. or guarantor~ seve:ally waives presentmen! for -payrnent demand. protest and
notice of protest and dishonor of the same and further waive any objections to suit being braught in Dade and/or Leon County. Florida. It
~~s further agreed by each party hereto, that in case payments shall not b~ made at maturity, he shall pay a~ reasonable tee for costs of col-
f'~ction or attomey's fee. in case ihis note is placed in tha hands of an attorney or agency for calle~tion. I/Y~e, the undersigned. d~ hereby
edge ail paid shares and payments on shares which I/We have now or hereaiter may have in this Credif Union as sscurity for this lu3n
~~sid do further pledge. essign, trdnsier and set over any salaries. commissions and/or severar~ce pay irom Southern Betl Tetephone and
i"ele~:aph Company. American Telephene ar~ Tetegraph Campany anri Western Electric Company (emplayer) o~ any future emptoyer which
have or may accrue to my:our credit as security for this loan; and the Tro~ical Telco F2deral Credit Unian is hereby authorized to give
such notice to said emp!oyer as may be ne~essary to make this assignment operztive. This pledge artd assignment is given to secure the pay
ment of this Inan a~d interests . nd costs that may accrue thereon, _and I/VYe hereby auther,ze the i reasure~ to appty any or all such paid
shares and payments shares to ttie paymeni of said loan and '+nterests and costs. VWe hereby agree that the Tropical Telco Federai -
Creclit Union msy a w share w~thdra 1s by a rties hereto at its discretion.
l. s thru_9~ Accomrr~odating Parties
~ Maker (Seal) 5 . _ (Seal)
1 (Seal) ~ 6 (Sean - ~
2 - < (Seal) ' 7 _ Fi~~u '`:~Hi~Y F~A. (Seat~ ~
~ - (Seal) g ~ - CO~RT ~ (Seah ;
4. ~ - (Seat) • 9 ~.f.; : _ (Seal) ~
~ . MAr 1~ It ~i~H - E
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