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HomeMy WebLinkAbout2416 o p , ~ J r EO ;,~C[ 313 Provided Always, that ifikaid',:flortJ'tt1f'o.nslklll pay unto the sa{d .Mortgll![rf', the certain promissory note, of which the followillJ l:n word"y llnd /IJllres lS a trUt' copy, t<J wit: P~OMI5S0"'Y NOTE s 6,000.00 Miami, Florida, .. ~pr,u.S , 19~) FOR VALUE RECEIVED the undersigned jOlnily and severally promistls to pay to the order of JERRY E. COOLSCII aDel mElCF. 0001.3(11, hb wite . .. ... . - . . . . . . . . Dollars ($ ..... 6,()(,().00 , . ), together with interest thereon from date at the rate of por cent, per annum until maturity, said interest being payable annually on the WU..1S ~ov.r ~ll>\i l.tI, Pl1~~ both principal and interest bei~g payable in lawful money of " the United States al as tl,e holder hereoF may designate specified below, lo,wit: , or at such other place In writing; said principal sum 10 be payable on the dates and in the amounts 1. .~,666.66, pl". 11Itere8't on the 5th d.a.Y or AprU, 1964. 2. ,}2,666.66, plu 1Dtereat 00 t.M j\h, da7 at April, 1965. J. $2,666.68, plue tDtereat OD the 5th ~7 ot April, 1966. Privilege 1. re.erTed to prepaT 10 who1. or 1n p.~ vlthout actio. or penalty. Eacn mak"r ~nd end",ser seyer ally waives demand, prolesl and notice of maturity, non'payr.>enl or protest and all requ;remenl. n"cessa~y 10 hold each of fham liable as makers ~nd endorsers. ["n m,)ker ~cd endorser (ulner agrees, jointly and seyerally, 10 pay all cosls of colleclion, including ~ reasonable allo,n<>y's fee in case the principal of this nore or ~ny p3yment on the princip.!d or any inferest thereon is no' paid at the respe..:k...e maturity tnereof. or in case il becomes necessary to prolect tne security nereof. wnelner suir be brougnl or nol. Tnis ncte and deferred intere,t paymenls snail bear inlerest '" Ine rale o( eignt (8) per cenl. per annum from maturity unIt! paid. Tnis nole i, secured by ~ morlgage o( even dale nerewiln and is 10 be construed ~nd enforced according 10 Ine laws of Ihe 51.Jle of Fl-:>rida; upon default in Ihe ~aymen' of principal lJr.d1or interesf ""hen drJ~. rho whole sum of princip_~1 and interest rcm1ining c;np.1id shall, at Ine o;>tion of Ine nolder. become immcdia~ely dee and Plyab!e [Seal; LILL!JJl FAU: .. {Saal~ '50,11: (50,,1) 'O~M 2~-)J.l:-~.!5e