HomeMy WebLinkAbout94-02511
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lAW ameli
ARTHUR M. FF' r")
1309 IIRcGI S11l1n
NEW CUM8IIllANO, PA 1707().1l16
717.77().()292 FAX 717.77Q.03B9
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NUIE AND.SEC.U~ITV AGREEMENT, O.led
,19~
NOTICE: II cheded 0 . set Itpmle lIelnlullon 01 Amounl f,n.nced
!I~~'rAOE
TIlt cOIl 01 iOU' credit
III itlrly III.
14.88 %
~WMGCI
lhl dollJl .mounllhe
crtelll will COIl you,
Amount Financed
lh. Imounl 01 credll providtd
10 you or on iour beh.U.
Total of Payments
Ihl Imounl iOU will hm p,'d .11"
iOU hlYe m.dl .lIlchtelultd lIIymlntl.
I
I
$ 507.36
I 3000.00
I
3507.36
I mflnlln fIlimlt.
Amount 01'1 m.nll
L146.14
ust 10
,19 9
Slturlty: Vou lIe IIYlnlllt(u,i1y Inlernt in:
o Ih. loodl or pfOptrty brlnl pulthmd,
o Ibll.' dmllpllon 01 olhef p,operly) _
Fill.. fffll-1!lL___
ull ChJlIt: III p.ymenlII Ille. you .,11 b. chilled 5\ of Ih. p.ymenl, bul nol mOil Ihln 12,50,
PlllllY.lnl: Ii you p,y 011 '"'y.you mlY b. ,"IIlItel 10 I ..Iund 01 pill ollh. IInm. Chllle,
S.e YOUl conlllcl documenlllor lny.dd,IIontl inlo,mlllon .boul nOllp'lmenl, dellull.lny "qui"d "p'lmenl,n lull belor. Ihe lcheduled
d.h~, and plfp&lmfnt Irlunds and pcnalhrs
/ () 'I tXLf.x2J,_
21887u
I
10 N/A
I
10 N/A
I
7. 'N/A'
I
I II. ^nnuol Pm.nl'" RIl.. P.,m.nl Scll,dul, .lId TOI.I 011"'01'"" .bDwn .bDl,.It port ullbll NUl< .nd S"urll'....r..m.nll"hld' II ,,1I,d Ih, "No""). Vuu.It lb.
pmun (0' pmon,). bo II,,,. II .Borro....ur "Co.SI.n... belo". If molt Ib.. 0"' penon .i,.. b.lo", mb 01 you ,,111 br Ii.bl.. IepulIl<ly.nd IUlelb.. .Iu, .11 ul IOu,
promlln In Ibl. Nul..
YOU PROMISE
TO P^VTO US:
THE FIRST NATIONAL BANK OF MARYSVllLE, PA., MARYSVllLE, PENNSYLVANIA
or to our order. l'lny or our uffirtS.lhc TOIII or Paymrnu 8. pro\'lded abo\'c,ln the number or equal monthly paymenlllhown In the "aymenl Schcdulc.I'IIYlllcllI'lrc duc
bralnnlnl on Ih. dll< indl"I<d In Ih. I'.,,,,,nl Sob.dul. .nd on Ib, ..n.. dl' 01 ",b InllD..inl "'''"lh "nlll ".... paid In lull,
SECURITY AGREEMENT: "'""urlly 10rlb. prompl p.ym.nl oflb"um.,ou CREDIT FOR EARLY PA YMENT IN FUI.I.: Vou ml' plylbh NIII. in lull
d'" Ind Ibe prop.. p..ror",.n.. 01 l'our proml...ln Ihil Nol..,ou Ind 111 lb. orlnporl,llan,llm"..lIboulp.nlllyorpltmlum. Uponp.,m,nl In lull be 10 It lb.
"Co.Owncu".I,nlna btlo\ll' afanl us:
(I) . "...II,ln""'lln Ih. 101l0..ln. pmon.1 propmy...d hi .qulpmonllnd 1..1 p.,m.nl h duo, "b.lb.. III e..b. by ..nnlncln.. Irom lb. procerdl ul .ny
lIC'cruorlu: properly ,,'hich secure. the NOle, or otherwise, we will refund or credit you wilh
unearned Finance ChaflC by Ulloa the Dccounlll1l method known IS the "Rule of
I. 78's," UO"'C\.tf, no refund will be made urrrcdlt sh'en If It llln In.mnuntlrnlh.n
51,00,
2,
N/lI
3,
SET-OFF,' 'I he hlW ai\'C' UI II right of sCI.oll in In)' uf yuur rnllpert)' In our
pontllloo Illny Ilmc,lnc1udlna deposit lteounll. 1111. mean.1haltlf )'ou ddlull,
Iv' m.y ..ml" our rl,bl 01 "\0011 Ind .pply .n, 01 your prop"'y in our
poucllion, lncludln. deposit Iccount., 10 Ihe luml )'OU OWe on Ihls Nole.
F/.OOD INSIIRANCE: If ch..krd 0 . In luran.. h ..qulltd ...iOlI nood
damlac 10 Imrrnnd real propert)' or mobile home Collateral.
Our ",urlly Inlm"lnclud.. parIS. coll.d "......Ionl." Idd.d 10 lb. person.1
property", Inyl.l.. 11m..
WI . Mort"I,"PDII
^"lhc: rrurcny \lohleh m:Uft\ Ihh Nul\' h t:illlrd 'he "Cullaluul." Our riGhh UII~
,our rnpun.lbililiu rel..dlllll'"y pmon.1 prup"" ColI.I",1 art prolid.d In Ibll
S"ur/IY A.r..."nl. ..blcb conlinu.. Dn lb. ..,,'" lid.. Our rllbtlln any r..1
prop.rty Collllml ... ,0nlOln.d /n lb. MOM...,. "'1 your ..p..re, ,DU "ill
oooptrol'lndJoln "Ilb ulln .I,nln,.nd nlln. docum.nll.nd In ..kino .ny olb..
"'PI "bl.b Iv' dum n..mOlY 10 p..I"I. m.lnl.ln perf",lIon or. Ind ..Iilly our
I"urhy Inl..."ln lb. CDlllltrol.
IF NO RE...L OR PERSON...1. PROPERTY IS IDENTIFIED "'ROVE. TillS
NOTE IS UNSEClIRED, lid.,
l'NI.'IJI1'INSUNANl'I.' IS N01'N/:'QIJINI.'/J: Sub]"llu a"'plu"" h,lh.I"lu..r "'III,d 1><10", <led!1 in.ur.n,.. iI av.i1lbl.lbrou,h u.lur Ih.l..m ul 11111 Nul. 01 Ih.
cDlI(I) Ibo"n brlD", Sin,l. Credll\.ir. .nd Sinll. Credll .....Id.nllll..llb Inluronee... .vail.bl.lo .ny on. oono..., or Co.SI.ner .I.nln. lor 100uronee brio". Joinl
Crrdll W.lnluronee iI mll.bl, 10 .ny 1"0 ol,ou II.nln. 10lluob In.uronee belo... No mdir Inlurlnce "III br provld,d unlm lb. .pproprlll'''lIOm.nl(s) 1111.n.d bylh.
pmon(l) 10 b. InlUred and lb. cOIII.ho"n brio" ...Inrluded In lb. "'mounl Fln.need.IS"lh. NOTICE OF PROPOSED CREDIT INSUR...NCE on lb. rrvmellde.}
By II.nln..'OU ".nl Slnll. Credil \.il. Inluronee. 8"linln" IOU "'"1 51n,l. Cltdll "'ccid,nll "..lib By 11,"lli, IOU bolh ""nl Joinl Credll W.III.uran...
which cmll $__ 0..- - .. InlurulIl"t', which COlli S which COlli S ' What urt
yuur Ian?
I'ROPI.:nTt' INSURANCE: Hlhis Nule il ucun..1I h)' l'ullalerul ~hich Is lIot ill our
pDlImlon, inluron.. 1,llnll pby.i..1 dim... 10 lb. ColI..",1 h rrqulred lor Ih.
rulll..m 01 Ibil NOle.
Fl.OOD INSUMNCE "'ND PROPERTY INSURANCE M'" V BEOBT...INED
TIIROUOIl ^NV "'OENT. aROKER OR OTlIER PERSON OF YOUR
CIIOICE. 5.. In.uroneeln pm.rapb 2.4 01 lb. S..urlly....It.m.nl on lb. rtvtrse
SlllnalurcofrtUOllluhc:illlumHorSinglcCwJitUfe Sianature: of penon to be: Inlured for Slna1c: Credit
IlIluran.. "'otld.nllllnllh InlDl.n..
I.
_Vean
\'rars
Whll II ,our .,r!
Yean
2, _ y.",
SIBnllurrl of bOlb pmon.lo be In,ultd
lor Jolnl Crrdll W. 100uron..
INSURER:
COHIUMIU IlrIIHIUIAHCI COMIIJIY. Co.. HIII,'...."...,. 1/0tl
TIlE ...1>DIlION...1. TERMS "'ND SECURITV "'OREEMENT ON TilE REVERSE SlUE "'RE P"'RT 01' TIllS NOn,
DV SIONINO DEI.OW, VOU INTEND TO DE I.EO...llV BOUND BV All. OF TIlE TERMS OF TIllS NOTE,
YOU ALSO ACKNOWlEDOE RECEIVINO ^ COMPI.ETED COPV OF TIllS NOTE.
~A-~ t{<o/{~
Uurro\l,cl', ~;lllUI\UIt \ on . lIarner
90 FronL SLreet,
Add,m
Phone 7322389
55161-58-2851 "'ddr...
NOTICE TO CO.SIGNER
You lie b.lng askrd 10 gUllanlrr Ihls d.bl. Think carefully before you do.lflhe Borrower donn~ pay Ihr drbl, you will hne 10.
Br sur. you can afford 10 pay If you hne 10, and Ihal you wanllo accepllhls responslblllly.
You m.y 'Ine lopay up 10 Ih. fullamounl oflhr dcbl IIIIIc Borrowerdofl nol pay. You may allo han 10 pay lal. fm or collfClIon
cosls, which Incream Ihll amounl.
The Credllorcan coll.dlhll d.bl from you wllhoul nnt trylnllo coll.ct fromlh. BO,rrower. Th. CredUor can UI. the 11m. coll.cllon
methodsa.alnll you thaI nn be used a.alnlllh. Borrow.r,luch aSluln. you,etc.lllhlld.blll ner In ddaull,lhal fact may bfCome a
part of your credll record.
CO.SIGNER'S .fIlRHI' AGRf.'f.'Mf.'N7: Vou.lI.. penun lur pm"OI) II,nln,.. "Co.SI.nrr"b.III". p,omh, 10 p",lo DlllIlo our ord" Ih, Tolll of l'.,m","."d
Ulhtt chlrlu, II ruo\'lded In thll NOle, Yuu In lend 10 be le'llI)' hound by IUlhe lerms uf Ihll NOle, ICflllllrl)' Ind lo.elher, *ilh the UUHowrr, Yuu Ire Illlkill' thil
promhe 10 Induer usia h1lh Ihe IUIllltJ Ihe lJulrOv.cr, even Ihuu!h lhe prureeds will be uled onl)' fur Ihe DUfluwer'. hellclil. You 'I,ce lh.l we RII)' leek Inunedl.le
(l1)'menl from )'(}U \l,ilhuUI 1I1.11nl an)' prior demlnd for plyment ~pon the lIarrowel. You Iha ICknnwlrd,c recri\'ina' cumpleted rup)' (If this Nair.
EXIlIUIT "A"
West Falrvlew, Pa.17025-3212
en.Si,ller'S Sianalulc
^ddrtll
0",
------:--:-:"1----------- --.---.-
l"U,SU!ll\'f\ SIIlI111hlh'
ADDITIONAL TERMS
(ii) 10 Ii,. nOli,. th.1 .mounll due h.'F nol !>c..n paid (koown II "nolice 01
dilhonor"Ji and
(iiil 10 obl.in .n om,I.lcclllfiCllion 01 nonplymcal (known II "prollll'.
W. ".I'.lh. rl,hll" Ir.ll.ny properlY olher Ih.n Ihe Collller.1II luurlly rOrlhla
NOI., A ".i'er or .ny olh.r 01 our rllhll und.r thl. NOle "III nol b. efT..llve unlell
h h in I liKm:d "Hilin,
OEfAUUHhl lollo"in..r. each "Ilel.olll";
Ii) Vou r.ilta mike' .ny p.~mC'nllo Ul un or before lhe da)' h comcl due;
clit YIIU pro"id(' III with fllllt inrormllliun ur ,ilnallJfn iU an)' tlmej
Ciii) You die or become Ita.lI)' Incompelenl; .
(i'l You do nol promplly .nd properly perlorm Iny 01 your p.romll.. or
obll..llon. in Ihi. NOle,lh. Seeorily Alr..~.nl, Ih. MOrl..,., or In .ny olher
Rule or Itm'(Il1Cnl )OU now or Iliff hue y,nh UI;
(\'~ Vou \"Innnl 1111)' Itn)' of )'our debb Uli lhc)' CUlUe dUl:;
(\'1) The Collater.1 i,lolI, lIolen, dam'lcd or dCl1ro)'cdj
(\'ii) The Collateral is lold, I,.".rerred. lused. .hlen or delivered. In whule or in
pan, 10 a renan Yiho I. nol I plrl)' 10 Ihe Security A"cement nr Morl.lse:
I\ill) I'rlll'l'cllilll!~ .m' hl.'llllllllmkr Ihe U"Il~fUPI~') (mil: by \Ir ..~.UlI\t )UU,
(ill) ^ny judjIRCll1 1\ Clllucd or recold uHainu )'OUj Dr
(.) Any of your prop.rly II .1I.,h,d or lub)"IIO b,inl rorl,iled,
/It'fAlIl.T A Nil RI:QUIRED fA YMENT IN fllLl.; If .ny (Jd.ull 0"011, ".
Illil~. il "tL'hthl\l', "IlHl'lnall:"lhc rnlll\uily ur Ihi\ Nule. '1111' mUlI,I "e 1Il~)' dcclJIC
Ihl' l'lltlll' fl'lIt;lllllll~ UI1J1uid h...hlll~'C llr Ihl' 'I 11111 or IllIYl1lenll to be !Rull,tdllld)' due
und fIU)lIbll:, Ihl","e\er. Ir Ihi\ Nole i. lecur~d p)' a MOrl,.ae on reslde~II.IICIlI
r'OP.rlY Collolml, il r.qoi"d by I.", M "'IIIIIIIIClld yoo _ rimdy nol... ollh.
Id.oll, .dli.in.) 0001 yoor rilhllO CO" Ih, Dcliol~~rf<l.\Jl""lrlnl.nllon 10 I.ke
lu:llun ir )'OU do nol curt wilhln Ihe lime fleriod pro\lided in our nOlice.1r \lot file an
lelion 10 colleCI .mounls in ller.uh. )'ou aho 'aree '0 pi)' III or our court (Uln .nd
III1r fCUMlMybfe uHurne)"s rces or 20~l ul lhe Imounl \lue, Our rijhl 10 \:ollc"
.Ilurney" rccs III I)' be limiled durin. any cure periud plu\'idcd by I~w. Ir )OU pll)' Ihe
enllre lem.illln. boalancc and allother rluts and eAfl"nsu we have Incurrtd ..rle, we
hun .cceler'led Ihe m.lufh)' orlhe TUIII or I'ayments, but befure Ihe la" flltymt'nl
is due, 'IOU will receive a rdund or credil or unt'arnt'd Finance Chl!.e II iryou ~ere
"01 in d,r.ull'llh, 11m, 01 Ihi. p.)m'nl, Any .uml do. III.r m.lullly lhalleonllno.
IlJ carn finance Challle al the Annual Per,enllse Rale Ihown ,bo\'e unlil paid in
loll, ...n Ir ". hm obl.ln.d jodlm.nl 'I.inll you,
IA ""':('11," HGf~'.' II all)' fla)'mtlll h nut IIHHIt' "illlln ISllI)'lnrnldue llalt', we "ill
charMc Ind 'IOU DKftt 10 flay. Iille fl")'mrnl chafae of S9(, or Ihe amounl of the Illc
pll)'mCIlI, but nut mOlc Ihan S2JO,
,I/lILTII'U I'A II /'ItS: Irlhere il mor.lh.n on, Oorro""on Ihll Nore, or on,or
more CO.SiIO"', ,II or your oblil.lion..haU b. prlm.ry, E"h ol)'ou "ill b.li.ble,
leparllt'l)' Ind loarlher, ror all of)'our promilu in ,hll NOle,
If'An'ERS: If ""e dt'Clare the unplid balance orlhe Note and earned intuell II.! be
immediately duc and plYlble, yuu wlh'c 'lour riahts 10 rt'quire us 10 do cerlain
Ihln'l, Tho.. Ihlnl' ore;
(i) 10 dtmand pil)I1lCnl ul allluunts dut' (~no"" as "fJlCleIllUltlll"J;
NO NOl'lCL' OR LOSS Of RIGHTS: We nn do Iny 01 th. 10Uo"ln. wilhoUI
1,lIinl yoo or 10.lnl .ny ri,hll '1.lnll yoo or Ih. CoU...rll:
(il ....pl..h"k or olh"ord., m.rk.d .plld in luU"or "i1h Ilmll.r l.nluol. .11
Piulial fl')'menl IImlu this Null';
(II) .iI. Iddilion.llim. lor p.ym.nl ur .ny omounl o"in. under Ihi. NOle;
(iii) ..mi.., live up or d,l.y ..milina.ny ria hi la.inll Iny penon or properlY;
(i...) add ur relealt' any penon Ilr proflt'rty Ilbli,lled under Ihll NOICi or
(\) filII tll flfllln'llll enhHlc UUI inlt'lClt in any or Ihe Cnlluterlll.
RIS^' Vf I,O.\'S: Yuu "'ill rell1i11h huund b) 11m NOlc e\en ir Ihe Collltcut illoll,
lIulen, damallrd or L1utro)t'd,
BtNUIT ANI! BUII/JtN; AU II.. b,n,fill "r Ihll NOI. .h.1I I.,or UI, nur
Jucceuors IInd auianl, The ubll&lItHlIlI Ihill! bind )UU, .nd )'uur hein, penunll
reprnenlitli\'l:\ ilnd anigm
NOTICES' Unltu uthcr"i\C' h'Il"iml by 1;&",. tllch demllnd or nOlite ul1IJcr 11m
NOle Ihull be dtlivued or lent hy rl'i1uloar OIull, iuJdrtutll 10 the pllrl)' &I' JII addre" In
pro,ld.d in Ihi. NOI., Eilh" pllly m.y Chili'. Irllddrm bYlI,ln"ueh I nOli.. 10
Ihe othu flalt)', Rt'UulIlllble nOlice, "ht'n nOlife is lequired,lhlll be deemed 10 be 10
d.YI,
II'ARHA,\'rns ANII RfPRfStNT,~T/lI,\'S' You ""runl olld rcP'''''lIlhol
Ihe (CI,lIalt'lal) rundl arc oblained and ",ill be uSt'd In tunnetlilln with IlIwrul
IIclivltin, pursuits, endeavors, venlurel Dr bu.lneues, and )'OU will nol Ult' lhe rundl
(ColI.....I)10 ,iol.l, '")' I." IhUl ,..old ",ull in 10rl.l1ule promdinll belna
imtituled,
You Illte 10 promplly inrorm us ur an)' prorosed proceedlnll or IClual proceedinl
which would subjt'cllhe (Collalelll) runds 10 rorrcilure 10 an)' BO\'t'lnmenllll body,
LA IV: Tim NOlt' "III bt' Ilo\trlled b)' Ihe la~I ur tlil' ('lIl11l1hlll\l,(ahh ur
rClIlI\)I\illlla, IInk\!> kdclallil"' ,Iflpl)
SU:UHIH AI;HU:MI:Nf
SEl1'ION I, !.OAN ANIlCOI.!.AHHAI.. Wh," 1no .illllhil N"Ie olld deli"r
it Iu UI, .nd complele Ihe olher required dtlllilJ, we will mll~e a 10.1110 )UU, Thil
Securil)' Alreemt'nt 6lflfllin only to pnsonal propntydnnibed "Collalual on Ihe
honl side orthiJ NOle, AI u.t'd in Ihe rollowil1l St'cllonldrthil SeCUril)' ^Hrt't'mC'nl,
")'ou" also includn uny Co-Ownt'l or the ColI.lt'lal,
SI'CIIUN 2, \'UUII Ullllll AGHIH1~NTS,
2.1 OWN. SH I., Uc. \'uu uwn Ihe Cullilual fru and c1ellr OIIlIlIit'lu and
\l'!:ulil) inl(IC\II, Yuu ""ill nlll Idl, lI...ml(r, kim, lli\ll.',deliHI ullllhcr"i\uhsflU'c
of the Cull.lual. in "hole vr in pan.lo 1111)' penon ","'ho i,noll parly to Ihil Security
^jret:llIt'nt. YLlU "'IIIIIUI pCflllIt UII)' lit'lI 01 m:urily illleleU lu lle ublulned on Ihe
ColI.lcral olh., lhan OUII,
2,2 MAINTAINING TIlE CUlI,ATERAL AI youreoll, yoo "ill m.lnl.in Ih.
ColI.teralln lood condition and rt'palr, Yuu will prele"'e ill,lIi",' Iou or damaae,
You wll1 pay all taus pnd mher L'hurSC" on Ihe Cullllilt'ral, Yuu will nOI use Ihe
ColI.lcral iII".lly or lor hire,
2.3 IlEPUSIT ACCOllNTS, IIlh. ColI.lmleonlllll or I d.po.illCCounl or
l'l'flirkule IIr L1el1mil, \Iol' II\;I~' Idml'lll,tllllW )'IIU In dme Ihl: an:nUlllUI "lIhllrllw
.1lI)' It.llIm hlllll II II 1 hI.: "';lUUIlIIII ll'lIIlt~'alc III dqlll\lIIlHtIUll'\ ~Illle Ihl' NUll:
Icmalnl unpaid, "e ,,'i11lulomalicaUy renewthedeflulit for IheSlme lime period,..
fllU\'dcd in the drpmit Isreemenl, unlell )'UU and Wt I.rec that the dt'flolil should
hc renewed 011 ulher terms, The 1111('\\'11 dcpolillhall be Collaleral lubjecllo ,hil
SecurilY ^arttmenl.
2... fNSlJlt^N(T. While Ull)' 'UII1\ illl' u\lIl:d IIn Ihil NOle. )'ou ""ill cu.rry
IlI\U'lIl1l't UII all) ('III1.IIt:11I1 "hidl i\ nllt III UIII pUUc.'llIll iljlllllll firl:,lhdt ..lid
other Cllulhy, 'I ht pulk) mull L'onlain a dtdurlible c1aule Ind be in an amounllnd
~ilh an insurt'r Ihll arc salisraelllr)' In us, Tht flolk)' mull namt UJ al Ihe "1011'
f.iI)'ee,1I lhc policy nllhl provide 11l111ln)' Iou n 10 be payablt' 10 ~ou IlId lu us a. our
1l!l::reU, appt'lfr, II mull ..Isu fllm'ide Ihul "t he lliHn IlIlt len Ihan 10 days' prior
",illcllllulin: III UIl)' L'ullcdlilllulIllr IcduLtiun in cm'eraje, lor III1Y I1:16\UII, lJ'lllll
'('quell, 'Iou Ihln ddi\er lhe flolicit'l, ttrliricalt'l or olht'l nidt'nn' of ,"'IIIBnce Iu
us, In the event or Iny Ion Dr damaae In the Colllleral, )'UU will illllllt'dilllcly nohf)'
III in wrilin.lnd file a flloof flf Ion "ilh Ihe lmuru, We may file B plnor ur Iou on
your brhllr ir )'OU roil UI rdu.c In do IU, We ma)'uho "an )'ollr namt 10 ilny chtck,
dr.lr, tlf ulhcr urdu rUI Ihe pa)'mrlll of imuflnl'c prunt'ds in Ihe nelll or luu or
dillllUMt to tht' ('lIl1nltlol, rr it is nunollllcaU) rUlible, ill nur juLl,mrnl, "f' ~i11
Ilfllll)' tht inlUIUIln' 1'111~.t'c,h In rt'fllil 01 rcplaee Ihe ColI.IUII, ()Iherwilt', we \10 ill
"fIl'l) Iht' flflll.'l'cdl III ,edutc Ihe sum, YIlU o"t' un this NOle
25 N(HING Uti" SITIIIlIlY IN" fhFST !Ill crnifit'1I1C lit litle i. b~ued rll'
lh~' (\llIdlelul. )1111 1\.11 ,1\\1\1 11\ III h,l\llIllllur H:ltlllt)' illl~'lnl nlll~'d UIl lhe
H'lIlllf.lll.'lllllllc
J', HJIJU ^tlllltlUII \ 10 lIS II ~Iltll,lll hi 1111 "'hili U ft'4UIH'd tit )1111 h~'
~l'\lIllm 2 2, 2 4 IHld 2 ',\H'Ill,I). II ~~' d11l1lW,1W11ll11ll )lIl1ll1hllgdllllll\ ulld Ila)
Ill!:h l.'ml\ ami ul'l:lI~n We \IoIlIllLhl lht' .moullh "'t' I/Id\.lI~'e lu Ihe: IUIIII Ihe
IIl1r'lI~el m..n 11111111\ Nnlt,llll "Imh "I: impme illlr,nlll\ fllll\hh'llln lh" NUll', It
)'IIU rad III hUlIllI )IIUr J1U1l1mn hI lIlilllllillllIII\UrilIU'l' III dl!:l"I,llIlIl11il)' hllll~ I\'n,
lun ur IhC' (v\I\lle'enal)' 10 ~~'cJ1lhl: ('ullall'I;lllI1llulld""IlIldilhlllollld fellah, "'e
mil)', ir "e IIlune ,hoo,e, ild\'illler 1111)' lurm )'UU flrumi,td 10 flJ) lInd oblilin
'CplilCCnll:nllmUranee, ltu"t'\el,lIin) lefll...'CIlll:nt imurum:c "c oblain loco\e, luu
or dlmlHe In Ihe(ollllefal may br Ii mil cd lu an amount nOllrCIIlnlhan whal you
Il"C un 11m NUll', Any oImounl "'e IId\ancr on )'UUI behulr ,,'ill be addt'd 10 Ihe
hillllll'C nil "llIdl "e Impulc l:lIlJIIl.t rhJI~n illlhe Allnu..1 Pell'l'lllaGI.: Ihle ..rlhil,
Nule i.llld ma)' he ItflilYJhle: (I) illlll1l:dldlrl) uflull dl:lllalld. (il) ...lulIG with )'UUl
monthly pa)IUrnll; or (Iii) atlht' end of Ihc NOle. liS we alone ma)' speciry, Our
payments on )'uur behalf Will not cure )'our r,lllure 10 perrorm YUllr rromliCl in thII
Stcuril) A.rCl:IUClIl.
2,7 INSPECTION, You "ill p.rmll 0110 'llIp<<llh. ColI.l.rlllllny ,ellonoble
Iim.,
SECTlUN], NO LUSS Of; RIGlIlS, Th. NOI. .nd Ihil Sccurily Alrecm.nl
ma)' be nt'aotialrd, luianrd, utrndrd Dr 'ent'~ed by UI withoul relellln, Inyor)'ou
or the Collllleral, We mlY .dd or rclule an)' fluJon or propert)! ohliKlIltd under the
NIIll' illhllhl\ Sn'llIil)' ^Sft'l'llIClll "ithuullmlllS tlur lillhll illlhe ('ullal!:ru!.
SECTION 4, IlEFAlJl,T, A Dd.ull under Ih. NOI. "ill b.. D,I.ull und.r Ihls
Secorily Alrcem'n\. In .ddllion 10 IlIlh. rilhll gnd "m,di.. 01. secur.d piny
upon d,r.oll "hlch .re pro,id.d under Ih. Unllorm Commerci.1 Cod., upon our
d.d."n! Ih, No" 10 b. Imm,dl.rely do. Ind poy.ble:
4, I AI'I'I.II'AlIUN ()f' Iln'OSII S, W, lIIay oPl'ly .nyd'l'",illinc1ud,d IlIlh.
CollaterilluKainll thrsUlIIs Ihl: Uurru"cl u"" till I IllS Nule,lllht l\llIlIterillcon~ish
ur. lime dcposilor (erlilie.lc ur drptllit. we ma~ 1C'lminale the defloll1 before
malulil~ in (lulu 10 reafile on Ihe ColIllll'ral, Ir \Iol' lerminatt' tht dC'polh. Iht
(olllla'l or depolll or applicable hlw may rC4uilr Ihat Yoe illlpoJI: ,ubUalllial
p.noili" ror Ih. COlly "ilhdr.,,"1
4,2 SlJHHI'NIlI'H OF CUI.I.A I UtA!. We ""1 "40'" you lu IUIr.nd., Ih.
Colhllerallo UI alII fCllonabl) cun...rlllt'nl place we del11lllale,
4.3 l'EAn:FlJL HEI'OSSI'SSION, If 1UU dun' .omlld" Ih, Collllmllo UI,
"t' fIIay tll~t' pontnioll uf il, wllh ur "Ilhoullellal plOl'eu, ill ,u:curdant't "lIh I4I~',
Yoo ,ulho,;" Ullo peo...bly.nl.rupop .ny prcmi... "h.r.lh. C..llolml mlY be
localed rur thc rurfllllt' or lakina floueulOn Ind If'mo\'ina it.
44 EXI'I'NSI'S OF IIl'POSSESSION ANI> SlORAOE. Welll.y I'hor.e)'uo
nur rcaulII.blt Ckpt'nlCl in repoueuln.,lrllllflurtln., rep,lHilltl, "orina Ind .elllRjI
the Colllleral so Ion. al Ihey are allowrd by III~',
· 5 SAI r or fCJI,I.A I rhAI" Wc 11I11)' ull, IUII" 01 deliu', the ('ulllllellll ill
Ullt: ur mllll: pubhl: UI flfi\all: 1II1n Wt; wiII.iu )IlU fl'a'lIl\ahlc IIUlite ur'h..: tln'l:
illlLl flll,,:e ur 'lilt, We 11\11)' fluldul\e tht Cullalrnl illlhal\alc, hee uf uny t'qul1l1blc
III k~,l1llldlllll dllllll )1111 may h.n,C' ill Ihl' l'IlIlJh'llll We willllpply Ihe PIOC(Cl,h ut
~ak lU'llu IIUll'AI'fIllC\ and l!lcIIlll 111\' UIlIl\ Ihe lIur'u"l'IIl\\'C\ un IhlS NOle, We
will pa)' lint \UII,ltn tu )OU, llalUllIlIlldlll\lled tll UI, the lIill 10\10'....111111.1 Cu.Slan.:r
mu\1 flll)'lItum
r -.
NOl'lCL' Of I'ROl'OSfll CIlt'/I/1' INJlIH,MI'/:
I he SiKlle.'I'. lit 11m NOll' hClt'b~'llh(I~ nvlll't' tlulI,ruup [frdit IIle imulancc L'OUII.C andl ur ,IOUP Llrdllac(ldcnllnd ht'lIl1h IIUUrillllC l'U\t:r...t "III bt IIflphtablc III
Ihil NOle Ir sn IllIU ~f'll 011 lilt' honl ur IhlS Nlllr and each IUt.'h Irl1~ or (O\'t'III,e "'ill bt' ,,;,illen by lilt' inlulanu 1'lllllP.ny flllned lhh inlulun!:t, .ubjnt In .cceptance b)'
Ih, u"""',,, """ ,,"111 hr 1''''''''1'1 "1"11I1 Ih, r."I""1 Iii' lI1lh III'Uru"", 1 h, .1I1i111111 "r ,h"I' 1\ IIl1h, ,lIrol I", r,n hili" "r molil inlornn,.r In h, porchmd Th'lff'"
ul the 1IIUII,IIl\C ~llIlllmllltlll'C 11\ III IhelJllle Iht' IIldcb~rdl1ru h IIIcurrrd t111l1l I"edatt' hum "ltlch Ihe Inlert" III Flulnce ("!Iar'l'. "[crue, 1Illl1cr. ulld wlllUI11ICllfl Illl'
1 HIII'II.I'11 hhl Jlllnllllultllll\ II.1Il'lI11hr Ilhh'hlnllll."" Suhl(t'llllllnrl'l.lJ\t h~ the Ill\urcr tlnll V.lllllll,\t1I'ltt, thefe wlllblltldlh'Ifl11U lhe lIlulIcd debtorll)" L'erufirllle
~~~~~~~~~~~~~~!~IlM Ihe 1~llUlllnl:e, Iu Iht e\cnl Ul,"qhl)IllCIII tlllhe: 11Idcbll'IlHl'U. Ii hluluJ ul m~Ulallu.' dl,UlIn "'III It\: IIhldl.: ",lIelc litle,
. .--- .
It \'1 1I"'HlI ft Illk"I', Il~lkfl W'II
Noun, Sf:I: I'HIINl Sllll HIIlIMI'llIlT AN1INf'llIlMAlIIlN