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1', L C. No..
;'~'"..f;Q.i..\l~l~.'D MONTH!,\' PAYMI':NT r;OTE.
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}o'or value reet'ivf\o.i, thQ und,'rSIK/ll"i"jt;i;llty'and ~eYt'rally pr'lmise to pay to th,. order of THE PHUDE~TL\L I~S\'HA~l'I':
CO~IPANr OF A~n;HICA
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t~lli\~_.tij. ........,) with intl'rl'st thpr'....lIl frorn dat~."~'.-'..i. ......,..............,. ';""nW'iIiII'u...e. . ... t II"
\~,........,............. . , ,p yab e monthl). at the rat!.'l r ."..., ...............,....................~... ......
I'l.r N'nt. per allnum; tho intl'r08t IWd pr~ of L'J.is not~ pa.~~e in in5talrnon~O~wsi.
IIp!.<inlljll~ on the first day of,...,.....",....,...".......,........ }g........ tho 8um oL.................___~...~,..~.f!tI1f)l)...~.~'!',~....
"-.-- !l.,I;:<....Allo~ h h
... ... .' . . Doll ~t I.' ;;aml.' allluullt ~t 0 same day of Moh mooth therl'aftl'T. and tho balnm'e of Prllll"ll',,1 pnyablp on tl...
first day uf .." . .' ,..,... HI~;J, The tUorl'<l&id monthly pa)'ments are to be apph(,llir~t to IIlt..rt'st lIt till' ratl'
afort'5/li,1 due monthly upou tl:l' principal Rum or so much thereof &s sh&ll from timo to time remain unpaill, and thl' bllhlncl' of l'ach
",outldy paynll'ut shllll bl' app!iNl on nN'ount of principal.
.\11 instnlnll'uts of intNost IInd priuclpai are payable at th(\ offi('e of thQ payoo in the City of N(\w!\rk. Npw Jprspy.
,,' or at Ru('h IltlH'r placQ ns tho holder herpof may dcsignatl' in writin~. in InwfulnltlJ\I'Y olthe {.nitl'\ Stalt-,; of Anlt'rtf'I\,
If /ln)' ..f .aidlnstahnentll of inIN{'st and principal shall not he paid whl'n due thl'n tho entiro pnncipal SUIII and I\cc[(ll,1 int"n'~t shall
I>(....,ollle duo alld paYlIbll) at .mct', at tho option of tho Ip-!{al hold'lt of this noto.
Each llInkl'r and l'ndo!,>,pr wain',,; thl' right of l'xernption under thl' Con~titution and laws of Floritla, and l'ach mnkl'r aud "llllor,,'r
wain'" .t.'",antl, prutl'st and nutioo of maturity. non-paymout or prot{)6~ and all wquirement8 ncc.\O;sary to hold each of thl'llI hable u-"
ulak,,,,, anl\l'ndnrsl'fS,
1 t is furtlwr ag-r~1 that ('ach maker and Qndorser, jointly and sevl'rally, shall pay all costs of collection. in('ludiuJ::' n rt'l\sounbl..
attoruey's f,-e. on failuro to pay tho principal of this .wtl' or any intl'rost tlwrron at maturity, This nute and all SUlllS dul' tht'l'l'UlIlll'r
shall boar iuterl,,,t at tho rnte of tl'n (IO) per c{!nt. per annnm froIII duo date until paid,
I~ is further lig'rl<<! that each makor and ondorser jointly and severally hereby consont to any extl'usiuUs or rpnl'wals or moditif'n-
ti6ns of this uotl' or any part therl'()f without noticl.'. and each maker and endorser agTl'l'S that hc \\'111 remain liable us such during-
any oxt{)lIsion or reuewal or modification hereof untilthl' doht rl'prl'.s'Mtie~y paid,
Tlii" notl' is sC(H1rNl by rnort~age upon roal propl'rty 10.............., .........................m___.'..'m.. Florida. and this notl' is to bl' cuustnu,l
according to the laws of Florida,
?repaynent Privilege # Jlo-R
Additional p~nts on the principal of this indebtedness in 3mounts equal to one
or more next ensuing consecutive principal payments may be made on any date when
interest beoomes due and payable; provided that, dS to 8f\>' such payrr~nts ~~de
prior to fifteen yearn from date and during any one-year period ending at an
anniversary of the date hereof which, added to obligatory principal payments
falling due within such one-year period, exceed one-fifth of the original prin-
cipal sum payable under the terms of this instrument, there shall also be paid;
as consideration for the privilege of making such paym€nt in advance of maturity,
a sum equal to J% of such eXCESS pa~rrr.ent if made prior to five years from dRtc,
2% of such excess payment if made arter five years from date and prior ~o ten
years from da te, and 1% of such excess payment if made after ten years fr.otT', date
and prior to fifteen years from date. The privilege of paying amounts not in
excess of one-fifth of the original principal sum without consideration shall
be non~cu!liulative if not exercised. Additional payments made under the tenr.s of
this privilege shall at any time thereafter, upon the written reque:.,t of the
')wner of the property sec11ring this indc~tedness be considered as tlaving ceen
made in lieu of future obligatory principal payments to the extent only 0f the
amount of such additional pa~ments.
.Jcbu M. ~
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