Every licensee shall conform to the following regulations:
(A) Deliver to each borrower at the time a loan is made, a statement in the English language, stating in clear and distinct terms the amount and date of the loan and its maturity date, the nature of the security for the loan, if any, the name and address of the borrower and of the licensee, and the rate of interest charged. Upon such statement there shall be printed in English a copy of F.S. § 516.14.
(B) Give to each borrower a receipt for all payments on account made on such loan at the time said payments are made; said receipt to be phrased and written in a manner easy to understand.
(C) Permit payment of each loan, either in whole or in part, prior to its maturity date with interest on said payment to the date thereof.
(D) Upon payment of each loan in full, the licensee shall mark all papers signed by the borrower with the word “paid” or “canceled” with indelible pencil or ink, releasing any mortgage, restoring any pledge, and canceling and returning any assignment given by the borrower as security.
('72 Code, § 27-6) (Ord. 677, passed - - ) Penalty, see § 125.99