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CHATT~ MORTGAGE NOTE
$..1 .7 41l- nn
". Plero.a llor1da.
llarsh 2 , 19~
FOR VALUE RECEIVED, the und~rsigned promise to pay
to the order of GENERAL DEVELOPMENT INVESTORS PLANS, INC.
the principal sum of Out Thousand SeTen Hundred tor~1 six and no/lOO
Dollers ($ lt7~6AOQ ) being due and palab~' without demand
as follows:
In monthly installments of $ '6.20 e&oh at
the offioe of General Development Investors Plans,
Ino., at south Port S1:. .Lucie 'l(1"'"1d& , on
the -1.a"oay of eaoh month, oommenoing on the 1."
day 01'- WAf ' 1961, tor ~
conseoutive months, and a fina~ayment~~
on the ~ day of _A~r11 , 19~
In the event any payment or payments upon this note shall
remain r-st due and payable for a period ot ten days, then at
the option of the holder ;;hereot, the full 811'lount remaining due
upon this note shall thereupon b~oome due and payable at onoe,
together with all other ind~btedne8s stipulated in this note and
in the chattel mortgage given to seoure the same.
The makers and endorsers ot this note further agree to
waive notioe of non-payment, protest and derr~nd tor payment; and
in oase suit shall be brought for the oolleotion he~~ot, or the
eame shall be collected upon damand of an attorney, to pay all
expenses of such oolleotion, inoluding reasonable attorneys'
fees thereon.
This note may be prepaid at any t~e without penaltYe
This note is seoured by chattel mortgage ot even date here-
with on furniture and furniehingq desoribed therein.
Glv~N under the hand and seal of the undersigned, the day
and year first above written.
..
Nilliam H. OtDowd, Jr. /S/
WILLIAK H. 0 'DOWD JR.
(Seal)
(Seal)
Exhibit A