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HomeMy WebLinkAbout0956 a . ~ 1 . . ~ ~ , , \ . ~ ~ ? , . ~ ~ - . , ~ _ _ - . _ ~ ~ Account Numse~ eorrovrr's Nrmr and Add~ecs ~~g 3~~I Nlms pod Addtei~ of P~ye! ~ sd870 y CY.A~"~N, i~~l4!2~t C~tr~Iyn ' Xentaaity Yiaas~c~ Co reo j 2702 Kic~gel~y Ox ' Ft, Pier~a. ~l ~ P'e. P~er~. ~'b 33~lS~J ~ ~ ~~7~~~ ' 3~25 g ~!a ~91. ' ~ ~ ~ ~ I:~ !~i! 2ffi~-02M70~5 1'te Q~arce. P1 33~~:t pale ol Note Amoun~ ~,i~ Amwnt Amwnt o F~~ct )!hr~s i'~~~~ ~ ~~~'~~.+~Q ol Vott Fin~ Parmeni O~hs' jVy~+ Paymen~ D•.+r S•n. e F'~y"<n~ Uue P~~ments ~ ~Mtnta y~ io 9/1~/8 s d9'T3.b 3 187.0 187.~ i: : EecA 9/12/~9 S 673a.00 ~ ~ PROMISSORY NOTE 7 ~ AGREED RATE OF INTEREST: Ynterest will be computed on the unpaid principal amount of the loan at the ratc o~i~y percent per one hun- ~~~~~Q / _dred dollars per annum on the first five hundred doliars, twenty•four percent per one hundred dollars per annum ~V on that amount excceding five hundred dollars and not exceeding one thousand dollars, and ciyJ~tcen percent pe ~`onc hundred dollars per annum on that part of the unpaid principa! amount in ezcess of cx?e thousand dollars, all ~ as Qrovided for in the "Flarida Consumer Finance Act" For valus received, the undersigned joint{y and severaliy pramise to pay to the order of payee named above, at its above oifice, the principal amount of the loan as stated above as'Amount of N~te;'being the principal amount of this note, together with interest at the agreed ~ate as abnve stated until tully paid. Payment bf principal and int~rest shall be mad8 in consecutive monihty installments a8 indicated above beginning on the above stated due date for the ftrst payme~t and cbntinuing on the same day oi each succeeding month to and including tha above stated due date for the final payment. If the principal amount of this note br if any installment is not paid when due, the unpaid principal amount s~all bear interest ihereaiter at the above agreed rate of charge. From any payment made hereon, interest, at said rates, due on the unpaid principal balance of the - amount loaned shall first be deducted and the remainder of any such paymer~t shall be applied on the unpaid principal balance until paid. The unpaid balance oi this note, or any part the~eof, plus accrued inte~est, may, at the option of the undersigned, be p~id at any time. Default in the payment oi any installment ot the principal or interest hereuf, or any part of either, shall, at the option of the holder hereoi, and~ ~ without notice ordemand, render the then unpaid balanCe of the principal herQOf, and accrued interest thereon, at once due and payabfe. l(this note is placed in the hands of an attorney for collection because of default in payment oF otherwise, the undersigned agree to pay the actual and' ~ reasonabte attorney fees as determineci by the court in which suit is filed and c~urt c~sts, including actual and reasonable expenses or repossESSion, storing and selling ot any property pledged as security, ss determined by the Court in whiCh syit is filed. Should this contract be secured by a security agreement covering any property belonging to the pa~ties hereto and should the parties hereto violate or fail to comply with any of the provisions of this contract and as a result thereot the payee here~n or its assignee should take possession of said security and sell same as per the terms oi the said security agreement, then in that event the payee may ratain out of the proceeds of such sale ihe unpaid balance due hereunder and render the surplus, if any, to the undersigned; or shoufd there be any deficiency or balance due, then debtor hereby agrees to be liable therefor. ' Cause oi sction hereon shall arise only with respect to the entire amount remaining unpaid hereunder, same being any unpaid principal batance ~ ~ and accrued interest thereon. Undersigned further agree that Payee or its assignee may remove this contract and other related instruments from ~ ~ the state ot FloriOa anrJ instigate legal action in any court having jurisdiction in any other state in which the tiling of such action may be legal, as ~ ¢ determined by the laws of the state in which legal action is filed by the Payee. ln the event any insurance covering the security for this loan, credit ~ lite insurance on any Debtor's life, accident and health insurance and/or any other insurance written in conjunction with this loan, or purchased with any proceeds of this loan, is cancelled undersigned debtors herewith authorize and direct the insurance companies and their agents to pay ~ direct to the Payee any and alI retunds of premiums for such cancslled insurance for appfication on any unpaid balance on this note.Undersigned, jointly and severally, waive any rights to notice ot such cancelfation and payments to Payee. The makers, suretiss, endorser, and guarantors hereof jointly and severally waive demand for payment, notice on non-payment, protest and notice of protest of this note, release oi all or a part of the security and/or any co-signer or co-maker and consent to extension of time of paymentwithout notice. All parties hereto furtheragree, both jointly and several{y to waive any and all rights of exemption as to any property which is subject to a security interest herein, ot every kind to which they - rnay be entit{ed under the laws of ihis or any other state in which legal action may be instigated under this agreement and/or any underlying j agreement. ~ If payee receives a check, draft, negotiable order of withdrawal, or like instrument, drawn on a bank or other depository institution given by undersigned as full or partial repayment et a laan, and if such instrument is not paid or is dishonored by such institution, payee may make and collect irom the undersigned a bad check charge oi not more than 310.00. The Payee herein named is licensed by tho state oi Florida to make loans in sums of five thousand (S5,000.00) pursuant to Section 516,FIorida Statutes, as amended; and this loan has been made and this note is subject to the provisions and terms of the Florida Consumer Finance Act and to the Rules and Regulations of the Comptrollsr of the State of Florida. A statement oi this loan has been delivered to the borroweras required by said ~ Act. ' - _ , 3. 1 ~ _ ~ ; ~ t~e~~~ ~ WITNISS . ~ ~ . ~ (fEA~.I ~ ~'y/ PACE ` w17NE5$ ~ sOOn ff[AL) WITNE6S ~ SEE REVERSE SIDE FOR OTHER IMPORTANT INFORMATION r~ FLOHIDA 8/85