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HomeMy WebLinkAbout1869 f PR~SSORY I~IOT$ _ _ . 89 82S 00 Vero Beacb, Florida . ~'u 1964 . T...~_.__.~,~._......~ As belaN speci~iad, aftex data, I, ~s or eitber of ua proanise to pay ~ to the orde~c of ' PRILIP ST~AZZtJI.LA,' DO~INYC' BTRAZZtJLLA ~aad FRAN~~ ST~tAZZt?L1~A, co- pa~ctaers, ' trading a~ad doiag businees as STRAZZULLA ~ROTI~RS t~4PANY • $IGSTY-NII18 ~ T~USAND BIG~T ~BD TWSNTY=FIVS ~AND I~0/100---==-Dollars .for value received, payable at ST. LUCIB t'~OUNTY BANR, Fort Pierce, ~ Flor~da,~Qr sucb:other place ae'payee may~desigaate.ia writings w~,th - intereat fram ~~c: at tbe rate of eia (6~ per ceant per anaum for the irst ve S years from tbe~date of said Note and MQrt~- gage and thereafter af the=sate of ~five (S) per aent per ~amaum; eaid ~ interest being paid quarterly o~ tbe first~day of Julq, October; January and April ~ of eacb'. year, Mitts ~ the first ~~ntereet ~payaQent being - papable on Julq 1, 1964:~ Provided, baaeveic, that in ~he event~that the malcer of eaid note aad mortgage eball pay - any.' aYmu~i ~ inataliment during aay aae of tbe first five (5)~yeare~~rom eaid note aad mortgage date, then and in taiat event, ~ the iaterest ~ on ~ tlie• unpaid principal e~ thereof shall be at tbe rate ~ of - five ~(5~ per ceat per a~anzan for the year ia whicb said a~nnual paymgnt or- Payments are made.~ ; . . ~ . _ - ~ • . . ~ . And each of us.whether mak~er, guarantar-or endorser, herebp aever- ' : ally Maives and renaunces anp and all hamaestead e,xemptioa rights we ; may hav~ vader the Constitutian or La~s of Che State of Florida, or ' ~ any other State or Uaited Statea, as against tbis Note; and each fur- ~ • ther waives demaad,..notice of.aon•payment and protest, and ia event it becomes aecessary ko collect this Note t.brough aa a~toraeg, agreee to pay all costs of collectian,.includiag reaeonable:attorney'e fee. k T'he prin~cipal of~ this ~ Note ie due and ~papable ia five (5) equal anxtual ! installments of $17,965.00 each comm~enci~g oa.Julq 1~ 1969 aad continuing ; on the first day of each aad every~July thereafter uatil said principal ' 'sim~ ie paid iYt full. . Ia additioa to t.~te principal paymenta as berein eet fortb intereet shall be payabla .as `abave sefi forth on the vapaid . principal balance fraa ~ trt~me to t3me .r~maining. Ia the event of a default ia any payment of principal or interest; vl~icb default shall not be cdr- rected arttbin thirtq daye theresfter, thea the ~atire r~mainia,g unpaid balance shall immediately became due ead payable at the optioa of the . ~ - holder of~tbis Note.. . . . ~he maker shall have the opti~on and Che privilege to psepay all or any part of ~the Mortgag~e sad Promiseorp Note at any time without pre~mivm or peaalty therefox. . , . . . ~ . . . . T'~is Note ~ith interest is •ecu~ed by I~ortgage on real estate of . ~ even date bergwitb; and made by tlze malcer he~ceof ia favor of said payee, and the terma of said Mortgsge axe by this referea~ce made a part hereof, and thhere shall be no persanal liability oa tl~e noaker of ~his Note nor shall 'the holdez of this-Note be able to secure a~. deficie~acq decree againet the maker, it being ~aclerstood that~ the propertq 8hown on said~Mprtgage~shall be the sole security.for tbis Note, . . . ~ ~ /s/ Barnette E. Greene, Jr~S~~ ~ _ ,S~ARNETI'E B. GRBE~18, JR. $134.85 State Documentary Stamps affixed to original Note and cancelled. ` _ ~ i -3- ~ ~ - . _