HomeMy WebLinkAbout1152 ~11,50~.00 Fort Pierce, Florida, March ld. 1966
A~ hereinetter a9reed, after date, for value received, tha
undersianed promises to pay to th~ order o! Ml~LTi~t a. P~RKS and
KATHRYDI M. PARKS, huaband and vif~, at First Dlational Ba:ilc o!
Fort Pierc~. Florida, the priacipal eum of Bl~v~n Yhou~~+nd live
Huadred aad no/100 Dollare, together with intere~t upon tb~ amounts
th~rreo! ~~maining u~,pai8 lsom timo to tim~ at ths rate o! aix p~r
cs~tum psr anauca froc~ th• date hsreoF until paid. And it 1s h~r~by
agrs~d that said principal sum and intar~~t sAall be payabl• a~
follow: $2.SOO.UO eix montha aftar tho date hareof, together
with th4 intere~t then accrued on the iu 11 amount o! this note,
and thQraaftQr in aAnual installmente of $500.00 each. together
with intereat then accrued on principal Dalancoa, b~qinnlnq one
yoar after the dato horoof, and continuing until the debt secured
by that csrtain mortqage given by the ~aid Walter (i. Parks and
Wife to ~'irst ~oderal Savinga and Loan Aaeociation of Indian Rivsr
County undor date Dtovember 30, 1955, rscorded in ~brtgage Book 122
at pay 93 of the ~ublic r~cord4 of ~t. Lucie County, Florida,
and asou~med by the undersigned, ~hall have betn •atis~itd, an8
that theroaftsz the ~rincipal oum thon ramaining unpaid on thia
note ehall bs payable in monthly installmenta ot ~115.00 each
on the tirst day og each and avery month, together vith interest
than accrued on principal balances trom n+onth to month, until
fullf pa1d. The undersiqA~d shall have the option to anticlpata
and pay any of said installmsnts at any time pr~lor to the maturity
theraot, and also at any timQ may pay on this note any sume in
addition to the above preacribed installments, without penalty.
If default be made in payment ot any of sald inetallmenb ot
principal or tha interest at t2~~ timeo afor~aaid, or if datault
be made 1n any of the term~ and conditions o~ aaid mortqag~ h~ld
by First ~edaral 8avinge and Loan Aa~ociatio~ ot Indian River County,
and ~uch de~ault shall continue !or a period ot thirty day~, th~n,
at the option of th• hold~ra horeot, tht ~ntir~ amouat of tbe
principal sum then resaaininq unpaid on tbi• noto, and all intere~t
then accru~d hereon, shall.i~diat~ly bocom~ and b~ due and
payable an~d collectible Without notice or demand theregor. And
if thia note ahall beco~ ia default and ohall be placed in ths
hands of an attorney tor collectioa, the under~iqned aqreaa to
pay to th• hold~er~ hore~f all costa of eollectioa, including a
reasonable attorney's f~a.
Rhis note is secured by a purchaee money u~ortgage of even
date herewith on cQrtain real pro~rty in 8t. Lucio County,
~lorida.
~~1~i1G S. DRifMBR (88~7~?L~
~i~itt rav~nu~
stas~ atfixod to
osiQinal n~ots aad caac~lLsd.
~1~0 - ~49
LAW OFFIC[8. L. O. YTErN[NS. FORT PtERC[. FLA.
~ ~
.;,.r -
_ ~
. _~~~~-e~'^~t~ia`,tia`^~r : . . .