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5~...id„a , Jaaksaa~vilia, l~~orid~t .
- , ~ ~ f l~ax~ah 24, 1965 . . . .
, ~ ~ . l~or ~tralve reaeivad, the undersigned ~oiritily and . . ~ . '
- . ssvsrsl7~? pro~ise ~o pa~r to the order of 8S3B$8-SALD4RN .
~ . . ' C4RpORA'PIOd+ii the principal aum a! T1~10 flUNDiR~D TH.TR't'Y'-FIYR , : ;
~ . : . THO~T3A~HD DOLL~RS ~$235,000.00), Nith ~nterest ttaereon t'ro~ _ : ~
• , , : ~ ~ dste, p~yaDle sonthl.y~, at the ara,te o! eix and three-eighta ' . . ~ .
(6 Per aent. per annum; the interest and principal
. ~ of this not~ pa~ble aa folloass
. , . 4: • . ~Y~ I ' •
~ ~ ' Intereat only? on the Pirat day of May, 196~, and ~
the firet cla,y of ea?ch nront~ thereaftar until l~ay l, 1966; ~ ~
t•~::-. and thereafter begi.nning on the Pirgt day oP June, 1'~b6, the .
.t ewa of TMiO THOt~SAND THIRTY-TWO end NO 100 DOLIAR4 ~
/ t~,o32.00~, ~ •
. c::;,";~=,:; : and the aaae amount on the same day of each rqonth thereaf
ter,
and the balance oP prinaipal payab~e on the Piret day of
Al~,j?, 1981. The aPoresaid rnonthl .
. y paymer~te are to be appliad
Piret to intereet at the rate aPar~eBaid due nwnthly upon the~ ~ ~ =
- prineipal aum or eo much thereaP aa ehall from time to time
. . rem+~tin unpaid, and the balanoe of eaeh .month7.,y payanea~t ehall ~
r ~ be applied on accoun~ af principal o
. . ~
. . ; ~ Intereet and principal are p~ayable at the office ~ ~ ~ •
~~-~k-~' of the payee or at euch place as the holder hereof may dee-
ignate in Nriting, in lawful money of the United Statee oP '
. America. If a.x~,y said instalLper~ts of intereet and principal ~
shall not~ be paid Khen due then the entire principal sum and
" ` ~ ~ ~ : aacrued intere~t aha.ll become due and able at once at ~
. - '2 ~ ~ ~ , the option of the ~,egal holder at thiBpnote ~ •
. .
. . ~.ry.•~ .
~ Eaah maker and endorser waives the right oP exemption..~~~~
. .-t~~':, under the Constiitution and lawa o~ Florida, and each maker ~
• and ~ndoree~ waivea dea~and roteat and notice of maturit ~ ~
~ • : ~ : non-pa,ya~nt or protest and~all requirements neces~ary t~o hold
- - ~
each oP them liable as makers and endoraera. . ~ ~
~i~ l~`~ ~ It iB Purther agreed that each maker and endoreer, '
~ointiy and aeverally, sha11 pmy aIl coets o! eollection, .
inaluding a r~aeonable attorr~ey ~ a Pee, cm Pa3lure to pay the ~
~ prinaipal ot this note or ~ng intereet theraon at Araturity. '
y. : .
_ Tt~.i.e note and all sums due thereunder ehall bear interes~ .
at the ra~e oP ten (10~) per cent. per annum Prom due date . ~
~ , ~ u~ti l p~?id . :
~ i , ; . :t.~ ' r
. - , .
' It 1e Purther agreed that ~ach maker and endoreer ~
; '~.t-. ~
, .
~ointly and aevarally hereby consent ta any extenaians or
renewald •or ~nodii'ieatione oP thie note or any .part thereaP " ~
, ; . ~
_ ~ ~ , L'~ ~ :
~ : ~ithout notiee, and each mak~er and endoreer agree~ that he ~ ~ ~ ~ ~ -
~ ~ : . will remain liable ae auch durln ' ! ` `
~ ~ ~ : • g ~n,y extenei+~n. or renewal
or a~ilication hereo~P until the debt rep~r~sented hereby ia .
~ ~;~':.;:'.1; f~,illy paid. .
~
~'.•r i. , f y ~ere ahall be no prsp~tym~ent during the firet ,
T: l o
s n y e a r, b u t p r i v i l e g
e i s r
e s e r
v e d c o
a m
e
n c i n g J
u n e 1, 1
9 b 7
•'~s ~ to make additiarial pay~ents on the •
` _ ~ ~ principal oP thls inde~t~
i.~~:~ ednesg an any s3ste Nhen intereat beao~aea due and payab2e,
~ • : r; : provided hoN~ever th~e?t the an~ount ao psi~l durthg any one : •
. = ; • aalendar 8ear Bha~l not eacceec~ ten ~ 10~) per oent at the ~ .
' y~~-~'''~ ~ original prinoipal ~aount. T~ie privi~.ege ehall b8 non- ~ ~
t.~~~ .s~ ~ . ownulative. ~
. . . . .
( ~ ' , . 'h. . . , , ~ ~ ~ .
~ ? • . ~•t ~ ' .
' ~ ~ ' ~ ' ~ • ~ . SCHSDULS "A" ~ ~ • , . ~ .
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i ~ ' •~i~ ~ 2. ~ i ~ ~li~ ' U ~ ~ V"
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