HomeMy WebLinkAbout1322 CDP~I ; .
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PROMISSORY NOTE
~60,000.00 Fort Pierce. Florida. Juna 29. 1966.
FOR VALUE r^^°Ived, i. we or eithar of us, prvmise to pay,
without defalcation to the order of FLORIDA BANK AT FORT PIERCE
at its Ptaca of bus~nass in Fort Pierca, Florida. the sum of
Sixty Thousand ($60,000.00) Dollars with interest from dats at
tha rata of 6~ ps r annwn, n thl~r instalmsnts as follcws
$666.15 on the lat dsy of , 1966 and a lika sum on t~ie
corresponding dsy of ~ach.lt succeed~ng period thereafter until
the whole be fully paid.
Each instalmant first shatl be appli~d in payn~ent of the
intsrast and than on tha unpaid balance of the princi pal sum.~~ DAYS
I f defaul t i s iaads i n ti~a paymant of any i n ~~j nt when dua
than at the op tion of the holdmr, and aftar~*ii~~5) days wr~ttan
notice, all the rem~ini~g instalments shall b~ dus and payabl• .
ma
at once. Privilage is given to pay two or mora i~stslmsnts at
any instalment rniturity data, but thi: shall not extend tha timo
of maturity of a~y subsaquent instalmsnt. Neither forbearance,
nor acceptance by the holder heraof after any default in my
payment hereon, shall be deemed extension.
Each rnaker, suraty and endorsar hareof, jointly and sever-
alty, waives demand, prssentment, protest and notice of protest
for nonpayment, and further agrees to any extansion of time of
payrnent, either bafora or after maturity, withoe~t notiu to any
of us; and ta pay all costs of colaection~, including a reasonable
attorney's fee in tha event of any 'default hereunder, and here-
by several l y waives al l benaf i t of haasstead and e~ceanpt ion under
the constitntion and laws of each Stata of the Unitad Stat~s,
as against this obligstion or any extension or renewal hereof.
WITNESS the hand and seal of each party.
FRANCHISE LTY INTERSTATE CORPORATION
gy; C NN~~"N ~Sd
j s tant ce- ~es nt
c~"v.t~~ y1 7~~
~ a St: ~l ~ o
~ '~'ecretary
(CORPORATE BEAL)
McDONALD'S CORPORATION
By: r r~ ~RN.SD~
ss a t ce- r~s nt
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Attest : ' ~ ' vro~ ~?y~wd
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(CORPORATE SEAL)
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