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P'OR VALUB RECBIVSD~ I or w~ pzoais~ to psy to thQ ordQr o! ~
MIaWBST MORTGAGB Cq~1PANY, a Missowc3 corporation authorizQd to
transact business ia the State of Rlorida?, the principal su' of
$~,..~auur~asi?a~ sart~ yt~ a~/~oo _=na.~xs 8.?~00•0!,
• oa~-lrl
to~ether wfth interest thereon a! the rate of six/her cent pQs
annua until saturity; both principa~l and interest befng psyabla in~
lawlul ao~ey of the United ~tates, or its equfvalent,~at 120 N. E.
9th Street~ Miamf, Rlorida, or at such other address as the holder
herev~ shall desig~a?te, said pris~cipal sum and interest to be psyablQ
on the dates and in the a~sounts specified belo~?, to-wit:
$~~~,t~ f on account of principal and interest due and
• pa,y Fie o~n ~ , 19d~,,, and a like su~ of $ ~.s~~ ~
o~ account o~~ prinn~~~and interest due and pa?yable~ cu~~ ~ae
lst ilay o~ oach aml every month thQreafter until the entire
principal sua~ evidenced heseby, toqether with all accrued
inte~cost lhezeon, is psid in ~ull; pravided, hawever, that ~
the temsiniay indebtedness evidenced hereby, if ahy, o~
~~~._l~~_, sha11 be then due and payable.
8ac1} monthly i~is#ali~ent paid tferQ~dQr shall be fizst
appliet'll o iil~eYes~ at t11e app~ic.~?ble rate on tHe zeddcing
e
principa sus du~ her@under fraa t~.me to time, .aiul the
. balance of e~~Ch such installnebt bhall be bppl~~ to the
reductio~ of princfpai.
This Note me?y be prepaid in whole or in part at any time
without penalty. ~
,
~ . ~
8ach maker and endaarsez severally waives de~and, protest and notice
of aiatwrity~ non-payment or protest, and all requirements necessary
~ to hold each of them liable as makers and endorsers. ~
~ s .'eintl and severally to
Bach maker -.and endor ser lurther agree Y ~
~ pay all costs of collection, inciuding a rea?sonable attorney'a !ee ~
in case the principal of this Note or any paysent on the p=incipal ~
or any interest therean is not paid at the respective maturity
thereo~, or in case it becomes necessasy to protect the security ~
heieof, whether suit be brought or not.
This Note and deferred interest payments shall bear interest at the
rate of ten oer cent (10~) ner annum fra~ maturity until paid.
This Note is secu~red by a first mortgage of even date ~herewith and
is to be c~strued and enforced according to.the laws~of the State
of Floacida; upon default in the payment of principal arid/or in'terest
due an any Note secured by said Mor~gage, all notes so secured and
~ remaininq unp~?id shall fosthwith became due and pa?yable notwith- -
standing their tenoz.
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