200102110 - Laserfiche WebLink

Browse

200102110 CONSUMF^ `TOTE SECURITY AGREEMENT 8, DISCLOSURE STATEMENT ' LENDER `OWER(s) ti: M;.RCH 13TH 1996 LOc. _.1FT 506 -58 -3809 t No. /Loan No. 540210 /DEPT. # 3 744851 Maturity Date MARCH 12TH 1999 �FIVEP�OINT5Q14WK 2222 BELLWOOD DR #36 Loan Amount $28,401.31 o f G a A N 0 r S t A N o GRAND ISLAND NE 68801 -8286 , In this Note, the words I, me, my, mine and us mean each & all of those who sign this Note as Borrower. The words you, our, and yours mean FIVE POINTS BANK, Grand Island, Nebraska. Because of a loan received from you, I (both individually and jointly if more than one of us has signed this Note) promrses(s� to pay to you (or to someone else if you so direct) at your above office or at such otherp ► ace as you may designate, the princippal sum of TWENTY EIGHT THOUSAND FOUR HUNDRED -ONE DOLLARS AND 31/100 DOLLARS -- $28,401.31 and interest from 3/13/96 until 3/12/99 at the rate of '10.0000 percent ( 10.0000 %) per annum. This amount shall be payable: IN 35 INSTALLMENTS OF PRINCIPAL & INTEREST OF 916.43 BEGINNING APRIL 12TH 1996 AND CONTINUING ON THE SAME DAY OF EACH MONTH UNTIL MARCH 12TH 1999 -- — - WHEN THE ENTIRE UNPAID BALANCE WILL BE DUE. MY FINAL PAYMENT WILL BE $ 916.78 OR REMAINING PRINCIPAL & INTEREST. PREPAYMENT. Borrower may prepay this Note in whole or in part at anytime. In the event of any partial prepayment, Borrower shall continue to make all scheduled payments until this Note is paid in full. Borrower agrees to pay a minimum interest charge of $ 7.5U if this Note is prepaid in full before Lender has earned this amount in interest. This note is subject to the additional terms and provisions contained on the reverse side, which are made a part of this note by reference and are binding upon me. LATE CHARGE: Borrower will pay a late fee on any payment made more than 10 days after it is due of $5.00 or 5% of the amount of the late payment, whatever is less. PURPOSE OF LOAN. The purpose of this loan is REWRITE LOANS MI SCELLANEOUS.AII payments, whenever made, shall apply first toward accrued interest, with the remainder of any payment applying toward principal. The unpaid balance of this Note shall bca interest after final maturity, including maturity by acceleration, at the rate of 19.0000 % per annum. Except where prohibited by applicable law, Borrower promises to pay all costs of collection, including but not limited to reasonable attorneys' fees paid or incurred by Lender on account of such collection, whether or not suit is filed with respect thereto and as a result of any bankruptcy caa being against Borrower. SECURITY FOR PAYMENT AND PERFORMANCE To protect the batik if I default under this note or any notes previously given or to be given in the future, I am giving you what is called a security interest in the following described pr e 1990 FRUEHAUF VIN 1H4DO3237KKO28104. 1979 CHEV ELCAMINO VIN 1W80H9K422588 & A 1987 IHC MODEL 2275 TRK VIN 1HSZBGTi26HHB13558 THIS NOTE IS SECURED BY A SEPARATE SECURITY AGREEMENTS DATED 11/19/93;11/4/94;11 /19/93 TRUTH -IN- LENDING DISCLOSURES (Federal Disclosure Box) ANNUAL The cost of my credit FINANCE The dollar amount the AMOUNT The amount of credit TOTAL OF The amount I will have PERCENTAGE as a yearly rate CHARGE credit will cost me FINANCED provided to me or on PAYMENTS paid after I have made RATE my behalf all payments as scheduled 10.0006% $4,590.52 $28,401.31 $32,991.83 have the right to receive an itemization of the Amount Financed. I want an itemization. 1y PAYMENT SCHEDULE will be: Number of Payments Amount of Payments When Payments are Due 35 916.43 MONTHLY BEGINNING 4/12/96 1 916.78 DUE ON MARCH 12TH 1999 INTEREST RATE: This loan has a fixed interest rate. SECURITY: I am giving a security interest in (collateral other than good, /property being purchased): COLLATERAL SECURING OTHER LOANS MAY ALSO SECURE THIS LOAN. TRK, TRLR, ECLAMINO I AM GRANTING LENDER THE RIGHT OF SET -OFF. PREPAYMENT: If I pay off this loan early, I may have to pay a penalty. Additional Charges: If I pay off this loan early, I may be entitled to a refund. Filing Fees & Ta $ .00 of part of the finance charge. Other: I �l $ .00 DEMAND FEATURE: RENEWED 741169/452527/739302 LATE CHARGE: XX If checked, if a payment is more than 10 days late, I will be charged XX 5 percent of the amount of the late payment, or $5.00 whichever is less; or interest after maturity on each such installment at the highest permissible rate. See documents for any additional information about nonpayment, default any required payment in full before the scheduled date, & prepayment refunds & penalties. INSURANCE Credit Life Insurance and Credit Disability Insurance are not required to obtain credit, & will not be provided unless I sign in Itemization of Amount Financed the )ox below. and agree to pay the additional cost. Type Premium Term Signatures 3/18/43D"-' a. Amount given to me directly c 651.16 b. Amount paid on my account $ 27,750. 1 5 redit Life N/A I want Credit Life Ins. N /A_ Amt Paid to others ter, m) behalf $ 00 Public Officials redi[ isability N/A N/A I —Credit Disability Ins. c. S .00 d. Insurance Companies S .00 e. 00 f g oint want Joint r it e ns. relitLfe N/A N/A .00 g. $ .00 h. Prepaid Finance Charge $ . 00 Amount Financed (a through g - h) $ 28,401 .31 I do not want YX Credit Life Ins. yy Credit Disability Ins. XX Joint Credit Life Insurance. Any person who signs their name below does so for purposes of granting Lender a security interest in the property described in this Security Agreement & assumes no obligation for repayment of any indebtedness. Date Name OFFICER NUMBER 20 FIVE POINTS BANK BY: OM CORKLE. The undersigned understand and agrees with the foregoing and all terns on the reverse side of the note. Additionally I /we acknowledge that the above Note was complete, with blanks filled in, before 1 /we signed below. LOEL LUFT (308) 382 -1851