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HomeMy WebLinkAbout1191 ~ _ _ ~ ~ . . ~ +~1~'l i. . ~ ~ ~ . ' A ~ ~ . . + ~ . . . PROb[ISSORY NOri'~ ~,;~~:a . i ~ . . ~ ~ r:; : ~ ~ ~ . ; _ ~ ~ OOO.i~O , • t~Iia~i. . • i''i ' Flo~jd~ 1 ~ .««».................»........~......r . ! • • - • ~ ~ ~ 1"!.~~~~'~ .5~ ~ ~ . ~ ~ E ~ '~+oe Variw ~o~t~l. tM ~rdrsi~d pe~oa~iw ~o p~p ~ d~ader ot T6s Ooooectio~t I~[dtwl I.W Iarue~ ~ ~ . aeo~ Coop~eqr. ~ C~oa~ia~t aorpo~stio~. at tb How ONiot at 1~0, G~daa Streat. ia t6~ Ctq? at Hart~ad. ; ~ . , . . ~ - 9~ ot Qoaae~ioat, is Itwht mone~r ot ~ Va~ed S~a~ tht p~iodpal w~m of : ~ • F ~~~~?!!TlE~~i t- .....................................................:.............D~otian (~....~4Q»4~e.~.....................~. ~ l ~ ~ , iri the rolloMiAg ~annez: T~ntiT ~20~ ~qat1 ann~al P~1~snt• ot ` #~,000.00 eaoh, beginning Mit~h Jaavtar~ l, 1965, aad aooat~invting ~hety- . ~ atter in auaaessive umual p~ae~?ta oa th~ 1e1~ d~ o! Januas7 at eaoh . . ~ear during t~hs t•era o! ~his loan, to a~ inoivdi~ ~anuar~.l, 198~. j . :~~;Z+3~9~$ ~ - ! ` ' L~~~A~p Et~ DED ~ ~ ~ ~ ~ ~~1~`ficia- I"~e~ - A ~ F . ~ ~-------~K . , ~ - ; . ~0 1964 FEB -7 PM 1: 27 _ ~ . i ~ ~ ~ ~ ~ ~ : . . _ aT°~rc ~ PoiTRas. aaac. conNTr. FL1R16A~ . ~_~oget6er.~ith ~aeee~e:c fi~om tbe a.~e b«eot a...ia ~rind~l .wr a~d a..u m~.ja b.t~aoe. t6e~.ot ~t t6e ~+.a ~ . st: -~_-ers~l~...»..~ee ce~t 4»»~»~Xa1 PQ P~a6M aa....... ~1~3~..1.;..»»»...... 196~.:, • ' snd ..».......................~~ihr t6e~+di~vv:' . . ~ . . _ . . . Thir no~s L~eae+ed b~ a mocep~e at avea da~e her~witb oo~eeiot pe~operty locs~ed ~s tb~ Co~mt»at...:.»...» . aE.......»......~~,~...~ii1.Q~.~ • . . sba~e at Islo~ids. aoeweed b~.»».....t~ie,,,vmdera.~?~ - ~ ~o rid T6e Coaoe~liast lt~l I.i~ Inw~aso~ Campaar. . ' ~ 1096 ~~m p~iiti.~ ~ wl~en due ~d p~ysbia 6aronndar i~U l6e~eaEbe~ be~r isoeee~t at d~e zstis af ~ Ia tbe erent d defadt in d~e payaknt cE s~ wun psysbia La~enndec. o~ an7? Put thae~eof ar in cue af fiil- _ m+e m Ioeep or pator~n? u~r aE die tennsr ooMeoaats~ oood~dar ara~eaeo~enb aontaiaed in ~a~d t6m . . ~ stany ~iwe durin~ t6e aoa~aos o[ sn~? wK6 detault c~ bitu~, a0 of tbe e+~ioia~~a~~~ ~ note. witL ipta+e~t thereon as ha~dn peanded, ~La11. at d~e optioa d tbe L~o~l . beoome . , . - s~dy dne sod pa~rabk. • In nse satt ~LaU beb~o~ t fa~ !be eoi{eetion ot aay eE t6e prinapal oc in~ee+e~t paysbb ha~eund~, oc iE the~ . ~ame ~6a11 be ~~npon d~msod~so at~o~ne.y. d~e and~ned ba+ebp a~eea ta P~Y a11 ao~ts af wcb eoileo- tao. iadudini stba'neY - . 'The undeni~ned 6enby waiv~a d~maad, notioe d noop4yiaaent aad pe+obe~t. aad a~rea to sny madif catiou . ~ 1w~~eof and ~ aap dc~eiuion af t~ue ef paYn~at a P~*tial Pi?Yme'At befa~e. st oc atar mabnr[ty. wit6out ao~oe~ . aad turtbee. tl~st no d~r~e ~ic6 msy La~itier be mada a a[ tbe ~ams ha~eof or oE ~id moc~+e sbsu rd'~e~ne sn7? psrty obl'~a~ed hereuodet feoa~ ~t~? tec ~aid ~~~ed~a~. ~ ~ • ' doa not snd ~haq aot bs Myth~ ha~an oootaloed m d~e e~oatrary ootwi~a~. d~e uade~ned +~+ee I.~~': obli~ated m PaY suy aa~ount wbich w~ouW ree~dec tbis ob~ation uw~rio~u. - ~ Tbe w~oed " ' ss u~ed 6aeia ~1t be oomidered to ~n aad iudu~de sll awt~ " enddri~+ei ~ heie~eof. Wad~ wed~~~~ l~ee+ein ~hall jodude t6e piucal, as d~e ooa~oct iosY t+e4ui~e. srd ~this ao~ is enewbed by twro a mom pa~d~e oMi~stioo~ and liabii~ties ha+amder of w~c6 p~:tles ~hsU be;aiot aod a~reeal. . ' The P~p?es grants unto the Pa~yor the lollo~ing aon-oumulative pre-~ . . : ~ : ~ paym~ent pa~ivileges, to ttits ~ . : ~ (a) ~o mal~e additional s~ual pa~inaipal p~ymdnts ~ithout penalty in . . ar~y aalendar ar atter the lirst year, in an amount not to e~caeed tsn s ~ . per aent {1 of the origitsal p~ir~aipal indebtedneas o! this note, p~ovlded that said additioasl paym~ents me~y bs ms~d~s on],y npon installm~snt . ~ peying dates and ltirther provid~ed tbat aacq? p~nts so sade ahe.ll be ~ . oredited to th~ linal maturitiss due hereund~r. !~o partial P~raP&Y~n'~ of pMnoipal m~ be mads it this nots or the mortgag~ seauring sam~ ia . ~ ia delanlt in at~ t~apeat whatso~~sr. ~ ~ . - tb~ To prap~ *,bisi otl.e sn ru].1 upoa~ snsQtal.~ ana sn~t•eres `~°en . subsequeAt to Janvary , due pius a ps~eaiur o! to~a~ pe aenp~~ o! the ~inaipal ind+ebtedness • ~hen duej ~ ~ . pRpyl~ that ttLe P~or ahall serve upon the P~yee a sisty ~ tten notiae of iateation to aial~s pa~epayme~c?t Pac~lor to t~he ~~~~~e~ 1ts'1 . ti . ~ ~a i ~t~ p c~~dia~g euT~t i~ ~ ~b~ b° ~ ~~s ~ P~'0 ~ ~ ~ tf~s 1 . ~ ~ • ~ : a1d~ OOAC~l~11~. . ~ ; , Ti$~ .~W ~+O I ~ ~ ~ ~:1 j ~ ; A'r'1'S$Ti ~ ~ ti~. 1 . ~ ' ~ M ~ ` ~ ~ ~ ~ ' ~ ~ : '49~1 ~ ~ ~ ~ } , - . ~~K _ ~ . _ ~ : . _ ~ _ _