HomeMy WebLinkAbout2072 .--~.~.vi .•....~?.,.•~~~'~~C~
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. IN 6899 - ~a
~ PRQtISSORY Id0?8 • • ~
` s A, 700.00 ~+ort ~iac~ ~
, Rloat ida?
• lab7eWtsy 19~ • g~ '
~ , ~96
P'Olt VALUB R~CSIYBD, I or ~ psomis• to pay to the ozder o! " ,
. . ,
MIDWBST MCRT~GAGS COMPANY~ a Missouri cosporatfan authoYiied to =
transact businesa in the State of F'lorida, the principal sua of
_ $ZG~'1' TI~O~SA14D BEVSM SUl~RSD ]1~D ~FO/100------ Da[.LARS 8•700.00~ ~
together with inte=est theteon at the rate of s3x Aer cent (696) per ~
annum until maturity; both principa?1 and interest befng payable in
; laMrful money of the United states, or its equiv~lent, at 120 N. 8. ' ;
~ 9t1i Street~ Miami~ Rlorida~ or at such othes address as the holder
hereof shall designate, said principal sum and interest to be payable
on the dates and in the aunounts spec3fied belaw~ to-Mit:
52.48
$ on ac~Qu~t o! princ~l and interest due and
P~?Ya~3e ~on ~=u l~ , 19 and a 1 ike sum of SZ~
on account o principa and interest due and payable on the
lst day of each and every month thereafter until the entire.
Arincipa?l-sum evidenced hereby, together with all accrued
interest thereon, is paid in full; provided, however, that
~~ptr~rin~ng l~ebtedness evidenced hereby, it a~y, on
~ , shall be then due and payable,
Each monthly installment paid hereunder shall be first
applied to interest at the applica~le rate on~th~ reducing
principal sum due hereunder from~t me to time,.aind the
balance of each such installment sH~ll be applied to the
reduction of pYinc3pal. ~
This Note may be prepaid in whole or in part at any time :
" without penalty.
Each maker and endorser severally waives demand, protest and notice ~
of matuurity~ non-payment tsr protest, and al1 requireme~ts necessazy
to hold each of them liable as makers and e~idorsers. ~
Each maker and endorser further agrees, jointly and severally, to
pay all costs of collectiun~. inc2uding a rQa?sonable attorney•s fee
in case the principal ot this Note or any payment on the principal
or any interest thereon is not paid at the respective maturity
thereof, or in case it .becomes necessary . to protect the security
heYeof, whether sui# be brought or not. -
This Note .and deferrecl interest payments~ sha21 bear interest at the
rate of teh ner cent (10~6) ner ar~num fro~ maturity unti2 paid.
.
This Note is secured by ~l firet mortgage of ev~en da?te herewith nnd
is to be construed and enforced accozding to the laKS of the State
of F2orfda; upon default in the payment of principal aad/or interest
~ due on any Note secured by said Mortgage, all notes so secured and
remaining unpaid shall forthwith becasne due and payable notwilh- .
•tandinq thoir t~nor. .
/s/ JOffi1 W~ CHAPMAN (SBAL) ~
~ CAMELI+A J. CHAPMAN (SBAL j
~
C81~I.Ld? ~T. ~ CH~I~IAW
. . . ~ Q. R' .
' ev~~ 11.~. rat.E 203 ~
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