HomeMy WebLinkAbout0935 ; ~~rnple In~c~+est ,
~S01,It~'ledSt Bdtl{c Consumer Loan Note and.5ecurity Agreement ~~j' ,
t 300 Sauth 6th Street. Ft. Pierce. Fla. 33450~~ ~
B~nkhq ~ntK (N~m~ and Add~sssl Fort Pierce,
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" Borrow~? (Nam~) Ros~nne D. Jones pa~e.~8 7 ' ~r ,
502 S.W. Butler Avenue. Port St. Lucie, Fla. 33G52
' Borrower (Addrsasl ~K: ~
Thr ±~rd "you" means the borrowsr end snyons else who signs. Ths words "the Bank" rsfsr to Southeast 9ank, N.A., which is ~..j 4~ .
the C~editor malcing the disclosures. • *
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~This i; the a9reement that covera your loan with the Bank. Anyone who signs th~s agreement will ba Isgally responslble;€
,to~ethst;~nd individually tor rspayiny the total smount owed unless thay are onty sigmng to g:va the Bank a valid
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ANNUAL ~ FINANCE Amount Totelo~~'~ .
; PERCEI~TAOE; CHAROE Financed Peyments ,
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R ATE i~ t '~,,i 7h~ doller amount Ths amount of credit The amount you w~ll _ ,
?1is Cos~ql your' - j~ the crsdit will cos! provided to you w on hsvs Paid aher you ' • ~ -
crs:!' . ,i Yelrly.{~~ You. your bshaH. hava maAeptl paym~nts r~",
rste~~~~;~ aa aheduled.
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~ 14.936bG S 11.924.66 S 19, 298.14 ~ 31, 222.80
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S The amounts shown ss Annual Percentage Rate, Fnance Charge and Total oi Payments. and, ii applicable. credit life insurance~' ,
~ ertd crsciit disabitit~r insUrance. are estimatss based on ths assumption thac~l(?ayments are made on the due date specified.~
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You have tF?s right to receive at this time an itemization of the Amount Fina~~_ ~ sy~`,rt`'
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C~ 1 want an itemi=etion. t do not went sn itemization. ~ ~ s~
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Your payment scheduie will be: '
Number of Peyments Amount of Payments When Pa~lments Are Due -
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84 $371.70 Monthly beginning ~/6/85
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~nsurancs
Credit IifR insurance and crediY disability insursnce are not required to obt~in credit, and will not be provided unless you.sign ;
and agree to pay the additional cost. f -
fiype P~emium Signature #
Cradit Life I went credit life .L ?-v
insurence. ~
C~adit Diaability ' 1 want credit disability
j insurance. Ss~nature ~
, f Credit Life and I want credit life and
~ Disability disebility insurance. 5~9~a~~re . •
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You msy obtein property insurance from anyone you want that is accaptable to the Bank. r~' ,
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~ Security: If checked below you are giving a security interest in: _ .•'~-''F.•.
f.: d
? The goods or property being purchased. ~
~ k~ Qther.Idescribe) 2nd mor~ga~e on Dropprt~ at Sp2 4_W_ RutlPr Av_~ Pnrt St_ T.+~ria j~~~.
1~ Callateral securing other toans with us may also securo this loan. !'S. "
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~ Ki~ing fees and taxss S 85.55 Non-tiliny insurance ~
~ Late Char~~: ii a paymsnt is roceivsd more than tsn (10) d~ys after the due date, y~u will be charged five (b96i percent ot the,,.
{ ; paymant. • •
~ : i Prepaymsnt: If you pay off early, you will not have to pey a penalty. You will not be entitled to a refund of part ot the financs
charge. f
; Ass:,mption Policy for Res~dsnt~el MortQays Tnnsactions: Someone buying your house cannot assume the remainder ot .
i the mortgage on the original terms. ~
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? If checked, this is e Southeast employee loan, and the Annual Percentage Rate may increase during the term of thi
i` ' t.ansaction if your employment with Southeast Banking Carporation, the Bank, a other Southeast affiliate is terminated. ` t.
~ Any increase is within the Bank's discretion and will taics the form of higher peyment amounts. For sxample. if your loan
€ ` j, were for S t,000.00 et nine (9%) percent for thirty-six 138i months and the rate increased to eighteen (18%) percent in six (61 ,
months, our monthly pa ments would increase b 54.27.
V.~'~. See your contract dxuments tor any additional information about nonpay~tnt. detault, any required repayment in full befor~
~j ?he scheduled date, and prepaymeni retunds and penalties. `
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~ If this box is checked, is signing this agreemsnt j
:'--~onl to . ' r.
y give tha Bank e valid security interest and will have no personal 1eg81 responsibil~ty on the loan. k,
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; e provisions on the reverae aide are a part of thia agreement. By signing you acknowlesige that a fully campleted copy of R,~?_
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k waa:fumished to you beforo you sig~led it. . ••.~c;,
ok~i.und~rstand ths annual Intersst rate applied ta the principal balance outstanding from t~me to ti will be 4~
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-~y . . { OK `t~~ c9 sanne D. Jones ?
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