|
E
<br />City of Little Canada
<br />KB .MATURITY NOTE
<br />=FIFTEEN DAYS
<br />tafrd Paul Minaatetel.
<br />)NDERSIGNED JOINTLY AND SE1,ERALLY PROMISE TO PAY TO THE ORDER OF
<br />4 State Bank of SaIat Paul, swot Par, M oss
<br />-NINETY TWO THOUSAND AND N0 /100 - - - - --
<br />INTEREST THEREON FROM
<br />June 17th, 1981
<br />ter maturity at the rate of 17.5
<br />% per annum, Interest payable
<br />inpald balance may be paid in lull at any time without penal(y.
<br />unearned insurance premium paid in connection with this trans -
<br />will be rebated, upon application, by the agent writing the insur-
<br />■ the basis of the Rule of 78's.
<br />',older of tilts note may at its option without notice declare this
<br />mediately due and payable for the entire unpaid principal hereof
<br />.rued interest hereon upon or at any time after the occurrence of
<br />the following events: any default in the payment of this note;
<br />ault under the terms or conditions of any security agreement or
<br />ote, obligation, instrument, undertaking or agreement concur.
<br />lerewith or heretofore or hereafter given to or acquired and held
<br />holder hereof 10 which any maker, co -maker, indorser, surety or
<br />or hereof is a party; if the holder hereof deems itself insecure; or
<br />Is such a change in the condition or affairs, financial or otherwise,
<br />maker, co-maker, indorser, surety or guarantor hereof,as in the
<br />of the homer hereof increases the risk.
<br />maker, co- maker, indorser, surety and guarantor hereof jointly
<br />rally agrees to pay this note and guarantees payment hereof and
<br />lemand, presentment, protest and notice of dishonor, and con -
<br />any extensions and renewals hereof without notice, and consents
<br />'lease by the homer hereof with or without consideration of any
<br />and exonerates the holder hereof from all duty and obligation
<br />demand on anyone for payment of any collateral now or here -
<br />uring this note or to give notice to anyone of non - payment there -
<br />collect or sell thesame and consents to the extension, renewal,
<br />e, surrender or release by the holder hereof with or without Con-
<br />n of any such collateral, and agrees that when or at any time
<br />5 note becomes due the holder hereof may without notice off -
<br />Iarge this note against any bank account or other account then
<br />ed by any of them with the holder hereof or then existing be-
<br />y of them and the holder hereof and to pay any deficiency, and
<br />case of any default to pay all costs of collection, including
<br />le attorneys' tees and the maximum interest or late charges per -
<br />v law.
<br />June 17th, lg 81
<br />AFTER DATE, FOR VALUE RECEIVED
<br />$ 92,000.00
<br />7-2-81
<br />DUF
<br />NO
<br />-- -' - - -` �— - - - -_.— DOLLARS,
<br />to maturity at the rate of 17.5
<br />per annum
<br />at maturity
<br />1., Net Proceeds of Note
<br />2. Other Charges: License fees. $
<br />Certificate of title fees $
<br />Recording fees $
<br />Mortgage registration tax $
<br />Credit life insurance premium .. $
<br />Property insurance premium $
<br />Total other charges $
<br />Less Cash Paid, if any $
<br />Total Other Charges Financed
<br />3. Amount Financed (1 plus 2)
<br />4. FINANCE CHARGE, consisting of
<br />Interest $ 661,64
<br />Prepaid Interest $ .
<br />Other (specify) $
<br />Total FINANCE CHARGE
<br />5. Total of Payments (3 plus 4) $
<br />6. ANNUAL PERCENTAGE RATE $
<br />$ 92,000.00
<br />$ 92,000:00'
<br />661.64
<br />The Borrower May prepay this note at any time without penalty; however, the Bank is
<br />entitled to a minimum FINANCE CHARGE of $ 10.00
<br />for any loan.
<br />ITV. In addition to the right of offset as explained above, this note and any extensions or renewals of it are ❑unsecured I secured by a security agree —
<br />other evidence of security interest covering the following described property (the "Collateral ")
<br />-- -- -_ -- —Savvngs Certificate LS 1923
<br />with all parts, accessories, repairs, improvements and accessions thereto and substitutions and replacements therefor, by all property
<br />I mer goods) of the same type or kind as hereafter comes into the possession or control Of the bank, by all proceeds and
<br />signment of all fire, theft, collision and other insurance (except in the case
<br />ce requiretl by the bank,. products of the Collateral, and -
<br />NTY OF
<br />:TY INSURANCE, which is required by the security agreement covering theCollaterai may be obtained by the Borrower through any person of his choice.
<br />trance is available through the bank at a cost of $_—
<br />LIFE. Credit life is not for a_ (year) (month) term.
<br />of required in connection with this transaction. However, this insurance may be obtained through the seller for the terms of this
<br />lire cost indicated below, provided that each insured as of the date hereof is able to perform his usual activities or occupation and otherwise
<br />nsuranco.
<br />ARE UNDER 66 YEARS OF AGE, HAVE SIGNED THIS NOTE AND DESIRE THE INSURANCE INDICATED. qualities
<br />e Credit Life
<br />tigner only) Amount $_ Date
<br />Credit Life Amount $_
<br />Date
<br />Signature of 1st Signer
<br />(THIS IS NOT A COMMITMENT Signature of 2nd Signer
<br />Ithorrthorized to charge my checking account for monthly ENT TO PROVIDE INSURANCE)
<br />itl (have) installments ❑yes ENo If YES, charge checking account No.
<br />( ) (has) received a copy of this note and if applicable, a Credit Lite Insurance
<br />6 515 E. Little Canada Rd., St. Paul, MN 35NdirlDR
<br />ev. 2 -80)
<br />—Birth_)
<br />Birthtldte
<br />(—_)
<br />Birthdate
<br />SIGNATURE
<br />CUSTOMER COPY
<br />
|