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~ Simple Interest
~SOUt~dSt Bdttk Consumer Loan Note and Security Agreement
eanking Center INeme ~nd Addreu) Fort Pierce DownZown 340 S. 6th St. Ft . Pierce, FI. 33450
earower IName1 James H. Cayson ~ oata.. 7L26/84
sorrower(Address) 2~2~ Oleander Avenu~ Fort Pierce, FL 33450 ~
The word "you" means ths borrower and anyone else who s~gns. The words "the 8ank' refer ta Soucneasi 8ank. N A. wn~ch ~s ~
the Cred~tor msking the disclosures. i
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This ~s the ag~eement that coven your loan with the 8ank Anyons who signs this agreement wdl be IegaUy ~espons~ble
togetha~ arrci ~r~~ividuat~y far rs~~~i^g the tote! err.eunt 4w~c# u~less the~ are only siqn~ng to gwe the Bank a val~d sawniy #
interest =
` ANNUAI FINANCE Amount Totat of ~ ~
~ PERCENTAGE CHARGE Financed Payments ~ ~
; RATE The dol~ar amount The amou~i of cred~t The amou~t you w~i~ (
i The cosr o~ vow tAs credd wdl eost prowded to you or on ~ave pa~d ateer you i
; ~~ed~t as a yrariy You yp~r behall have made asi payme~~ts !
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i ~a~e as scl~eduled I
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~ 16.5852 ~ S 27,463.20 a 15,990.60 ~ 43,453.80 ~
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The amounts shown as Annuel Percentags Rate. Fins~cs Chargs and Total of Payments. and. ~F appi~cable. credit I~te insurance ;
j and credit disability insurenca. era estimatss based on the essumption that all payments are made on the due date spec~f~ed ~
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~ Vou have the right to rece~ve at this tima an ~temi:at~on of the Amount F~nanced i
~ ~ want an itemization. ? I do not want an itemizat~or. ~
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; Your pavment schedule will be: ~
1 Number of Payments Amount at Payments When Payments A~e Due
j~ 180 $241.41 Beginning 8/25/84, and a:onthly thereafter
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~ Inswancs ~
Cred~t life insurance and cred~t disability insurance are not required to obta~n cred~t and wdi no[ be o?ov~aed untess yau s~gn
j and agree to pay the add~t~onat cost.
j Type Premium Signature
~ C?ed+t L~fe I want credit life ~ j
I $1,800.00 insurance S~u~~at~re James H, a~ son I
! Credit O~sab~hty 1 want credit d~sab~l~ty
~ insur8nce. S~gn;~we i
~ Credrt L~fe and I went credit life and ~
~ D~sab~~~ty disabil~ty+nsurance s~~,~a~~,~e j ~
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You may obtain property insurance from anyone you want that is acceptable to the tiank ~
~ Security: If checked beiow you are givmg a secunty interest ~n ~
f _
i ? The goods or property bemg pu~chased
i LX Otner idescr~belSecond MortQaee____2727 Oleander Avenue Fort Pzerce, FL_~3450 f
I Cotiateral secur~ng other toans w~th us may also secure this loan ~
~ F~ling (eas and taxes S ~~~~1 - Non-iiimg insurance a_~_-n- _ ~
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! Lat~ Chary~: If e payment is received more than ten ~10) deys eher the due date. you will be cherged f~ve 15%) percent of the '
~ payment.
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~ Prepayment: tf you pay off early, you w,ll noi have to pay a penafty. You wdl not be ent~tted to a refund of part af the f~nance i ~
~ charge
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Assumption Policy for Residential Mortgage TransaCtions: Someone buymg your house cannot assume the rema~~der of
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j the martgage on the or+u~nal terms
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i See yaur contract documents for any addrt+onal ~nformaUOn about nonpayment. detault. am; requ~~ed repa~~ment ~n luli betore
; the scheduled date. and prepaymer.t refun~s and penalties. (
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? If th~s box is checked. ~ ~s s~gn~ny th~s agreement
only to g~ve the Bank a valid secunty ~nterest and w~l! have no personal Isgal respons~Gi~ity on the foan
The prov~s~ons on the reverse s~de are a part oi this agreement By s~grnng you acknowledge tha[ a fully i:ompleted copy of ,t
was furnished to you b~fore you s~gned it
You understand the annuai interest rate appfied to the princ+pa! balartCe outstandmg from t~me to ~me w~ll be 16 . 25 ~
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~„r~ ames . Cayson
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