HomeMy WebLinkAbout2039 ~ l~II~~ . _ . _ • - : - • - - o~+F _ -T, ~iil~
~ PROIrt13~ORY NOTR
' ~ ~ 000.00 ~Pia~e~ Fort Pierce Fiorida
~ ~ (Date~ 198~
~ Foe ralu~ received. tbe uadersigaed INDIAN RIVER OIL CO~PA , a Ftorida corpora-~ ;
~ tion witb sa otiice at Fort Pierce, Fiorida~, aad AOBEI;T C. FEND~R aad bi~ wrife, 3ARAH ~
S. FBNDEli, aad each of them,, ioiati~r sad severaily, promi.e to pay to PHILI.IPS~ PIfTAO-
LISU~[ COMPANY, a Delawar~ corporatioa witU ao ofiice at Sartiesville.0lclaLoaaa. or order,
the aum ot T~reat~-Four Tbowaad Dollaro (=a4, 000. 00~, with iaterest at tbe rate of oi~c per
, ceot (6~ per aaaum oa the declinia~ ba?laace, ia iaatatloaeate aa foilow~: Ia 60 equal consecu-
tive moathi~r taetalimeato oi =483. 89 each, whicb iastatimeat~ ~iociude pri ipsl aad iaterest at
; tbe rate oi a'Xi; the fir~t such inatalimeat to be paid oa the let day of • ~ . , 1964,'
, •ucce~oive iostaiimeate to be paid oa the lat day of each mo~th thereaf er, and the .laat ioetail-~.
meat to be paid on tbe lst da~? oi ~E~~„+,,e,,~ , 1969. Eaeh paymeat ehalt be credited ~ i
itrot oa the iatereet aad the balaace oa tbe priacipal of thia aote. If aqy ioetatimeat it aot pai~ j
promptl~ whea due, the ainouat thereoi ~rhich is ioterest ehait be added to aad become priaci-
pai aod abatl thereatter bear iateceot at the o4me rate a~ priacipat. Ail iaetatimeat• of prin- ~
cipal aad iatereet becomi~g due oa thi. note ehall be paid to Phillipa Petroleu~ Compa~y at t
ite above-ouaed ottice or at euch other place ao the hoider of thio note aaay deeigaate in ~
~ ; wriNag irom time to time.
c - -
; If ~r inetaiimeat of this note ie not paid withia 10 d~?y~ of the time, aad at place epecitied
hereio. or if Maker (uaed hereia to reter Lo each of the under~i~aed ~adividuaily a~ weil aa ~
~ joiatiy if more th4n onel tiecoane~ iooolveat, os if a petitioa al~li be filed iA baakruptcy by
{ or aaainet ~[aicer, or it ~[a?ker ezecutes an uai~atnent for tbe beaeiit oi creditoro. or ii aa~
cliange takea place i4 the ownerehip or cootrol of the busineaa oi Maker, or ii Malcer (vrheo
~ a corporatioa~ undertaJces a reor~anisatioe or merge• ~rith another compa~y, or upoa ~riolation
' oi aoy ot the terma and coaditiono of the ~ecuMty docuoQento executed i~ connectioo with this
' note, then and ia say of theoe eveato the eatire amouot remsiaiog uapaid on thie aote •hall
forth~rith become due 4ad payable at the electioa oi the hoider of thte note vrithout a~y aoti~e
~rhataoever. ,
;
j The hoider oi thie aote ohail Lnve a liea upon and the right to withhold or ~?pply at any '
~ time it~ owa indebtedaea• or litbility to Maker ae aecurity tor or pay~neat ot 4ay liability
' due or becoani og dae to the halder irom ~alcer. •
The ~er, eador~ero; aurettea, ~uaraators, aad asoi~uora oi this aote oeveraily waive
dea?aad, preaentmeut ior paymeat, protest, aotice oi proteat aad Aoa~w~ymeat aad cooseat
that aiter =naturity, tl~e titue oi pay:neat ot this note, or aay ia~ta11me4t hereunder. may be
e~cteuded irom tiane to ti:ne or tha note reae~red irow tiaie to tiaae by agreeweat betwreea the
' hoider aod any one or more ot them vvithout aotice to, ~ or kaow?ted~e or conseat oi, aay of the
other~ oi them, 411 writhout in any war relievin~ any party of ~ liability. The lrtaker wd en-
doreer~ oi thi~ uote hereb~ espreeoly waive sll ri~te to claim esemptioa ailowed by the
coaetitution and taws of aay state. -
, The scceptance os any iaetailmeat by the holder bereoi a~ter the tipie the iastalimeat
, become~ dae ~hall oot be held to e~tablieb a custom or waive any right• oi the holdcr to en-
torce prompt paymeat ot aoy further inetattmeat ar to seek aay other recouree it may l~ve
hereunder.
~ Tbia uote iaay be prepaid in whole or in part at aay time without peuaity. Any prepay-
` ~sent ~hsli be appiied toward tbe tben aezt ensuing toatailanento.
i
; It •uit i~ ioetituted to coltect thi~ aote or any portioa thereoi, i[aker pcomi~ea to pay
F all coat~ aad e:peweo of such proceedia~, iocludin~ reaaonable sttoraey'~ tee~ aa allowed
~ b? th0 COart. .
~
~ Thi~ aot~ i~ oecured by a Chattel ~tort~?Qe of evea date coverin~ automotive 4ad other
E
` t~pe~ o~ equipmen~
:
r .
` ~~~ceeuted in the pre~eace of: INDIAN R OIL CO~[PANY
4 ~
° ~ ~ By - ~
~ C~ s- . ,
r ; Witnesa. - ce~tdent
~ ' ATTEST:
~
;
' 4 Witoe~~ ~ ~~s a.!_
~ y ~ 1[ tt . _ '
` ~ ' SeCtO~i!'~?
3. ~ • -
~ y V -
F ~ .
~ i~, Wit~N rt C, ender, aa inairiduai
~ ;
~ ~ ~ lt~~c.~_ (/J,~,__~.~s~d~.t,i tSEAI.)
~ Witne~a Sarah E. P`eader
~ • ~
~ - _
.