HomeMy WebLinkAbout1756 - - . .
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~ ~ PRQIISSORY N~?6 ' . ~
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$ ••700.00 , ~ . Rlosida
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, ~_rua~ev 11tJ~ : ' , 19b„ j
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P'OR VALU~ RB~CBIVBD~ I or wo proais~ !o pn?y !o thQ osdor of
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MIO~WBST NORT(iAG6 CaMPANY, a Misaawri corpo~catio~ authorized .to
!sa?nssct business in the Stale of RYorids; the pr3ncipsl su~ of
sl+~ii8i' ~AOV81~tD BsVE~ i~ED lt~ ~0/100-~--- Dc~[.LARS g, 700.00~ ~
toyether with inteYest thereon at the rate of s~.x per cent (696) pes
annum.until maturity; both psincipai and ~nterest being payable in
'.ar.~'-u1 money of the United ~tates, or its ~qufvale~t, at 120 N. 8.
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9th StrQet: Miami~ Rlorida~ or at such ot~trr addiess as the holder
herea! shall designate; said pxir~cipal sus and interest to be ps?yabie
}he da?tes and in the antbunta specified belo+r, to-wit:
$sZ•'~ on sccount o~ pYf~cipal and interest due and
pa?ya~Te
on , 19~, and a 13ke sw of
on account o pt nc pa and interest due and payable~`~Fe
lst day of eacti and every ~nonth thQt~after ur~til the entire
'urincipal sum evidenced herebyi together with all aacrued . ~
interest thereon, is paid in full; pibvide~i~ however, that ~ `
the remaining indebtedness evidenced~hereby; if any, o~ "
August 1, 1994 shall be then due and payable.
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~ ~ach monthly fastallment pa?id tieiceluider sha~l ~b~ first
' applied to interest at the applicable r~lte ott the reducing
~ principal sum due hereunder from time to time and th~
balance of each such installment shall be app~3dd to the ~
rednction of principal.
This Note may bQ prepaid in whole or in part at any time , ;
without penalty. - ,
Bach saker and endarser severslly waives d~osnd, psotest and no~CiQe
o~ a~aturfty, non-pa?yment or protest, and all - requiz~ments necess~y :
~:o hold each of them liable a~ makers and endorser~.
8ach maker and endorser lusther agrees, jointly and severally, to
pay all costs of collection, includiag a reasonable attorney's fee
fn case the ps incipal o! this Note or any paysent on the principal
oY any interest thereon is not paid at the respective aatwcity
thereof, or in case it becomes necessary to protect the security
herec.;, whether suft be brought or not.
This tiote and deferred fnterest payments shall bear interest at the
rate of ten per cent (1096) per annum fros aa?turity until paid.
Thia Note is secured tiy a first mortgage of even da?te herewith and
- is to be canstrued and Q~lorced according to the laws of thQ State -
Rlorida; upon default in the payment of principal and/or intere~t
?uF oa any Note secused by said Mortgage, ali notes so secured and
~-e~ ~3 i-~ing unpaid shall forthwith became due and payable notwfth-
~t:. : ~ ' ~~y thoir tonos. _
__.L.!_ . ~.~r~r~r•~ ._____,__(SeAL)
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. ~;~R~ 110 ~552
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