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HomeMy WebLinkAbout0179 . . . . • ~ R~d~!lISSORY NOrTB ` ~ ' ~~~s ` , r $ ~a'I~OO.ib ?~M~„_, F loac 3da + ~ , 196 ~ F'OR VALUB RECBIUBD~ I or ~w prosiso to psy to tha ozder v~ MIOoWBST l~lOR1~C3AGS Cq~[PAN1f~, a Mis~owci corporstion authorized to tr~?nsact business ~ thQ Ste?!e of Rlosida, th~ principal suv of '~~AM~ ~i~ i1M~ • ~q/1N ._Da.LARS (SS~'~'00.00) s ~~~~~.~~r~r~~ rr~w~ w~~ toqether with interest th~reo~n ~?t the sate of a~t~er ce~ pQr ~ annua~ until sa?turfty; botb principal and intbrest being payable in laMrful aoney of the United ~tates, or its equ~valent, at 120 N. 8. 9th Street, Miami~ Rlorida, or at such othet eddress as the holder herec~ sha?11 dQSignate, said principal sue and interest to be payablv on the d~?tQS and in the amounts specif ied belorv, to-Nit : ~ on sccount o~ prihcipal and interest due aad paya~5ie on 00l1~1 = 19b and a 1 ike su~ of ~ on accouuit o ps aA d interest du~ a n d paya b lQ ~ t~ lst day of each:~? ebary month thereafter udtil the entire nrincipai su~ e fdQncol! heY~by, togetbes t~ritl~ ali accrued interest theit~ is psid ~ ir! full; pravtded; h~5a?ever, that ~ the remsini.Ag~i ebtedhess ~videz~ced hereby; i! any, cn ¦L~ , shall be then due and pb~yable. Each monthly installnent paitl heteunder shafl be fizst. applied to inteY~st at_the applic~ble rate ott:th~ reducing prinCipal sw~ duQ heYQUnder fran timQ to time 3~ aixl the bal~?nce of each sdCh installi~nt shall be appli~d to the reductioti of principal. ~ j This Note may be prepaid ~in whole or in ps?rt at any time I without penalty. Each maker and endorser severally waives demand, protest and notice j of sa?twrity~ non-payment or protest, and all requirements necessary to hold each of them liable as makers and endorsers. ± ` f th r a s ointl and sevezall to Bach maker and endorser ur e gree , j Y Ys nay all costs of collection, including a reasonable attarney's ~ee in caae the principal of this Note or any payaent on the principal or any interest thereon is not paid at the respective maturity thereof, or in case it beco~nes necessary to protect the security hereof, whether suit be brought or not. This Note and deterred intere8t payments shall bear interest at the rate of ten ~aer cent (1096) ner anrzum fres maturity until paid. ~ Thia Note is secured by a first mortgage of even date herewith and is to be construed and Qnforced according to the laws ot the State of Florida; upon default in the payment of principal and/or interest due cri any Note secured by said Mortgage, all notes so secured and re~maining unpaid shall forthwith became due and payable notwith- standing their tenor. ' JAMSS fl. WALD~ON (SBAL) Ji~~ s• ~L~~ /s/ ~a~tcz MaL~x ~sEa~. ~ ~uur~aat a. ~uwt~or~ - ~ ~0~153 ~79 . t _ . . ¢ - _ - - _ ~ ~ _ _ _ _