HomeMy WebLinkAbout1571 r
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RECS, ~ C7~ 11KSL l~e~~
It is further agreed tha~ ~ach maker and endorser, jointly
and severally, shall and will pay all cost of collecti~ion, includ-
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ing a reasonable attorn~y's fee, in the event of failure to pay
the principal of this riote or any in~erest thereon or ins~allment
tnereof when due.
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It is fur.ther agreed b~ each maker and endorser, jointly
and severally, ~hat th~s note and each installmer~t thereof shall
, b~ar interest at ~h~ ratE of ten per cent (1;?°,6) per annum from
date of maturity until uaid; and fu~ther, ~hat in the event of
- a d a able as (
~ailure to pay any a.nstallment nereot when due n p y
afar~saic~ and such default shall continue for the period of
fifteen t15) days, then and in such ~vent the payee or holder
nereof s~all have the right and option t+~ consider and declar~
whole amount of the unpaid principal hereof and interest
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accrued ~he~eon and unpaid to be for~hwith due and immediately ~
payable and in the event of non-payment thereof to proc~ed im-
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:~eaiately to en~orce payment by legal proces~.
f e en date u on tihe ~
~nis note ~.s securea by a Mortgage o v p
i' ~ro~~r~y described in said Mortgage.
'LST : 60 MZNUTE, INC ,
B y - -
its Secr~tary Zts President
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