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~ IN~TAttMENT Nc~TE . ~
. (Secu~ad ind Unsecured) '
' 16 Ma 75 ~1 May 77 ?::,',.'JJ `
Nots No. D~tad: Y_-., 14 Due: 19 S_' i
• loan Ter~ s:
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- . Prcxeeds ..._.I
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----_~--___`I~t"~~,~. Y-r C. G.t (2 A1~`l~'1~Hb-----•- N .
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I a- F~ ANCE ~ V ~
,
CHAROE s . ~
afte~ date tha undersigned, herei~after called Maker, jointly and severally :~5
promise(s) for value received to pay to the order of J~n:~n B~ich dRnk here- D«umentary S .
inafter called i3a~k, at its office al J~nstn Bfach, Flortda the sum of (totai Stamps i
of payments) - - - ~ ' - - _ - ' " " _ • Cr ~ iDt life or life 1 i.
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~1 wo i l~our:ai~~l Tv~ u l;un:lr~:c;~~l`~i1~y_~:;'i~_ anu isqbilify) Irs.i
- ~ • • - » - • - --_--•w-Y
.HQIIQQ ' -......__.,_......-----~Dollars ~
Other (itamize) E '
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with inferest Ihereon at ihe rata of ._..~e.~~ .9'o por annum, ali payable in j,p~iri ~~CG3 ; 1~. '7~ ~ '
9~~. Ob . . . - ~
m~ntf~i~ Inslallmants Qf 5-----------_.--._._..._ each on the day of ~
_ i
each successiva month rommenciny on _ 19..._____., together with -
a BAIIOON PAYh'IENT AF 5-----.I\031!'-•------••_-. Due ,~._.h.~~'_._....-••.-••. 19 AMOUNT 2~ ).i7. 31 ~
FINANCED S ~
A fine compufed at the rete of 5.05 per 51.00 on each installment in default for ;
a period tn extess of 10 day~ may ba tharged the Maker. No such fina shall exceed ~Perately collected ,
s5.00. Maker is requirod to' pay ail costs oi collection, including a reasonable altor- charges (+temiza) ~
ney's tee if referred for collection or legal proceedi~gs. All payments, whether prin• ~ ' ,
ctpal, tnterest or otherwise, not received when due shall bear interPSt at 10°,fu per a-•---••--•----•••••-ajy•~!~':c
annum from d~~e date untii paid. Ali payments made here~nder shail be credited ANNUAt PfRCENTAC3E RATE (
first to interest, tt~en to lawfui charges then accrved, and' last to principal. '
If the loan ts prapaid in full, aaalerated o? refinanced, the Maker shall as of tha dale of such event reteive svch refund of the un- !
et,rned portion of tha uedit life insu~ance premium and (inance charge and such otl~er cred~t as may be_ required by law or as may be ~
recessary to avaid us~ry, provided that the Holder may retain a minimum finance charga of 525.00, whether.or nat othe?wise eameC, ~
and excepl in the case of a refir.ancing, no finance charge or premium refund shall be made if i1 amounls to less ihan ~1.00. Retemion
of any minimum finance sha11 be in addition to service charge it any. Any language elsewhere herein to tht~ contrary notwithstandi~g,
nsither Bank nor any ho!der hereof shaU receive or retain any char9e or intereit not allowed by (aw. i
As security for the paymeN of this note Maker has pfedged or deposited with Bank the following proporty: ~
`l8 i.~f3fi(:~~J(:~ lU'~~llu ir.OrCoR~E' - . ;
- . ~ - - • . . _ - ~
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{mcluding a!t c,sh, stotk and other div=clends and atl rights to svbscriL•e for securities incident to, declared or granled in connPCiion with
such prope.?y), which property, together wi~h atf additions and substiturions hereafter p!edged or depos~ted with Bank is called the Col-
- It'er The C;~`I also o~edged as securit~ for.all otiter liabilities to Bank, (primary, secondary, direci, continc~ent, so;e, joint or ~
. sev;r<,11, due or to l:eceme due oi which may be he~eafter con!ra;ted or acqv~red, of each Maker (or of each Maker and any olher per- "
son). The surrender ~f 1l~is note, ~pon payment or olf~~rv~ise, s9~311 rot affect t}~e righf of Bar.k to retain fha Collateral for such oTher .
liabilities. '
CRE~IT Llff AND CREDIT UfE S DISAB~UTY INSURANCE ARE VOIUNTARY AN~ jVO~ REQUiRED FOR CREDIi. Such insurance
coverage is available at ~he cosl designated below for the term of ~he credit: (a) S_ 4'" for Credit Life In- f
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surance S_..-------•---... for Credit life 8 Disability Insurance: _ 4
Check - . ~ t
~X 1. [~Credir tife Inswance is desired on the life of ----k•ric__ R.__Hartman t
~ ai•thdate _..._.Augu~t _ 15~ _ 1_944-- - ~
- . p Credit life ~ Dis~bility Msurance is desired on - #
~ 5irthdate - - ;
? Credit life and/or Disability Insurance is not desired• -
Date: _I6 May__19a5_._. x E]C1C :Harfirian ~
Signature
. - - ~ - - Rchecca I~t. ~-iartman ~
, - Signature - 4
Addifions to, reductions or exchanges of, or substitutio~s for the Coifateral, payments ~n account of this loan or increases of the . ~
same, or other loans made partially or wholly upon the Collateral, may irom time to time be made without affecting the provisians ~
_ of this note. Bank shall exercise ~easonable care in the custody ar.d preservation of the Collateral to the extenl required by applicable ~
- statute, and shall be deemed to have exercised reasonat~le care if it takes such actior~ for !hat purpose as Maker shall reasonably request ~
in writing, but no omission to da any act not requested 6ti Maker shaf! be deemed a fail~re to exercise reasona~le care, and no omis-
sion to compty with any request of Maker shall of itself be deemed, a failure to exercise reasonable care. Bank shatl not be bound tc+
~ take any steps necessary to preserve any rights in the Collateral against prior parties and Maker shall take all n4cessary steps for" such ~
purposes. Bank or its nominee need not colled interest on or principal of any-Collateral or give any notice with respect to it. ~
If the Collateral shall at any time become u~satisfacto~y to Bank, Maker shall .vithin one day after demand pledge and deposit ~
_ with Bank as part of the Collateral additi~~al property whi_h is satisfactory to Bank.
. If Bznk deems itself insecure, or upon the happening of any of the foltovt•ing e.~ents,~each of whi;h shall constitute a defaulf here-
under, all liabilities of each Maker !c 8ank shall thereupon or therea(ter, at the option ~f Bank, wishout notice or demand, become due ~
and payable: (a) the failure ot any Obligor (which term shall mean and i~u(vde each hlaker, endorser, surety, and g~aranfor of this _
- ncte) to perform any agreement hereunder, to pay interest hereon within ten days aRer ii is due, or if there be no due date, after if . . ~
is billed or otherwise requested or demanded, to pay any otner liability whatscever to Bank when due; (b) the death of any Obl~gor; ~
' (c) the filing of any petition under t!~a Bankruptcy Act, or any similar federa! or state statute, by or against any Obligor; (d) an applica- =
tion far tFie appoirttment of a receiver for, the making of a general assignment for the benefit of creditors by, or tihe ins~lvency of any ~
Obligor; (e) the entry of a judgement against an~ Obligar; !fl the issving of any attach:r.ent or garnishment, or the filing of any lien, ~
against any property of any Otligor; (g) the taking of possession of any substantial part of the property of any Obligor at the ins~arxe
- of any governmental euthority; (h) the dissolution, merger, consolidation, or reorganization of any Obliyor; (i) the assignment by any ~
- Maker of any equity in any of tha Collatera! without the written consent of the Bar.k. Each Obligor hereby waives any requirement of ~
~ notice or demand reflecting such acceleration insofar as such requirement be.in addition to the mere exercise of any remedy afforded in
this Note or the institution of suit by the then holder.
Bank shall have, 5u1 shall nat be limited to, the following rights, each of which may be exercised at any time whether or not ihis ~
_ nete is due: (i) to pledge or fransfer this note and the Collaterat and Bank shall thereupon be relieved of all duties and responsibilities 3
hereunder and relieved from ar.y and-all liability with respect to any Collaterai so pledged or transferred, and any pledgee or trans-
feree shall for all p~rposes stand i~~ ihe place of Bank hereunder and have all the riqhts of Bank here~nder; (ii) to transfer the whole
or sny part of ~he Col!ateraf intu the narr.e of itself ur its nominee; (iii) to vote the Ca!lateral; (iv) to notify the Obligors of eny Col- '
lateral to make payment to Bank of any amcunts due or to become due thereon; (v) to demand, sue for, collect, or make any compro- i
_ - mise or settlement it deems desirable with reference to the Collateral; and (vi) to take contro! of any proceeds of Collateral. ~
Bank is hereby given a lien upon and a sec~riry interest in all p~operry of exh Obligor no.v or at any time hereaiter in the pos- ~
_ session of Bank 5n any capacity whatscever, includir.g fiut not limited to any balance or share of any deposit, trust, or agency ac<ount,
- as the sec~rity for the payment of ihis note, and a similar lien upon and secority interest in all such properry of each Afiaker as security ~
for fhe payment of ail other liabilities of eac'~ Maker to Bank-(including liabilities of esch Maker and any other person); and Bank shall
have the same rights as to such praperty as it has wifh respect to the Collateral_ ` ~ - '
(f Bank deems itsel.' insecure or upon the occurrence of any default hereunder Bank_shall have the fareclosure and o?her remediea - ~
-bf a secured party under the Uniform Commercial Code, or other applicable law a~d, without limiting the generality of the foregoing,
Bank shall have the rigfit, im~rediately and witho~t further action by it, to set off against this riote a!1 monay owed by Bank in ar~y ca- ;
paciry to each or any Maker; and if s~ch szt off shall occur, Bank shall be deemed to have exercised such right of set off and to ha=ix - i.
made a charge against any svch money immediately upon the occ~rrence of such default even tho~gh such charge is made or entered
- on the bo,ks of Bank subsequ~rtt thereto. Un!ass the Collateral is perishable or threatens to decline speadily in value or is of a rype ~
c~stomarify sold oti a recognFzed markei, Bank will give Maker reasonable notice of the time a~d place of any public sale thereoi or of j
the time after which any private sale or any other intended dizposition thereof is to be made. Ths requ9rement of reasenable nolice shall
be met if such notice is mailed, postage prepaid, to any Maker af tke add~ess given below or at any other address shown on ths re~- -
- ords of the Bank, a! least five days before the time of the sale or disposition. Upon 'disposition of any Coflateral afte: the occurrerxe
- of any default hereunder, Maker shall be and reme~n liaole for any deficiency; and Bank shall account to Maker for any s~rplus, but
8ank shall ~eave th~ right to apply all or any parf of sixh surplus (or io hald the same as a ~eserve against) any" and all other liabilities . ~
of each or any Maker to Bank. ~ - - - _ -
No delay or omission on the part of Bank in exercising any right heret;nder shall operate as a waiver of sirch right or of azy other ~
~ riShT under this nete. Presentrnent, demand, pretest, ~oiice of dishonor, and extension of time without notice are hereby waived by
each and every Obligor. The Obligors, joinlly and severally, promise and agre~ to pay all costs of collectia~ and reasonable attorneys
fiees (noi less than 10% of the principa! sum) incvrred or paid by Bank in enforcing this note upon the acurrence of any default_ ~
- Any notice to_Maker shafl be sufficiently served fw ail purposes if left upon or placed in the mail, posfafle Rrepaid, addressed to the -
premises at the nddress shown below or any other address shown o~ Bank's tecords. - ~
Wt~erever this note is executed by a cwmaker or endorser who is the wife of a maker or endorser, the said wife dces hereby ex-
pressly acknowledyo the within dtbt as her joint and individual debt. . _ ~
, Each of hlaker atknawledges receiFt of a completed copy of this Note on the above dste. " ~
Address: i
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