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~r0~'ide~ Always thc~t if saiaL .hiort~dgor s~t pay unto t~ie .cc~id Jl~ortgdgee
the certa,in prnmi,ssy note, of which the followin~' in words acnc~ frgures is a true copy,
to wit:
~
pROMI880RY Ni0T8 ~
~ ~
~ ;50,000.00 ~os! Pie=c~, Flosida, Octobez 1. 1966.
!or valu~ =eciev~d the
~ ~a l~eseinattes agreed, atter date, . _
~ underaigntd psaaises to pay to t1,e osdes o! ROBERT L. a1t21~FI~T, at ~
136 Nosth lsth Street, loact pi~sce, ~lorida, or at ~uch olher plac~
as the !wlder heseo! may fzoai time to time d~signate, the principal
~ sum of ~ilty T'housand ($50, 000.00) Dollars, togetb~s with intexest
upor tt~e ainount lhereo! res~aining unpaid ~=on+ time to ti~ at th~
~ zate o! ~ven pez cent (7%) p~z annwn. ~1~nd it is 1~es~by aqr~M
~ that th~ said psincipal aua ~ball be psid in ten (10) ~qual annual
: installment• o! l~ive Thousand ($5,000.00) Dollass each, beqinninq ~
~ on the lst day oi Octob~r, 1967 and continuinq on t~e l~t day o! '
` Octob~z o! each y~a= therealtes until the Mbolt amount is fully
paid. It ia Lusther aqre~d that any a~ all •ecsu~A~interest, as
heseinabove pzovided, Mhich aball be due ana unpaid, sball beaz
; , intesest at tht zate o! ten pes ctAt (10%) pes annu~ attes the ~aee
E shall becoan~ dw and payable. Psivileqe is giv~n to pay two oz •
mose in~tallu~nt~ at sny installment ~astuuity date, but tl~i• shall
not ~xteud th~ t3me o! matutity of any aub~equent in~tallzaent.
` Shonld delault be made in the psyment ot any of said install-
mrnts or the intesest afozesaid at the times and in the manner
atoxesaid and such delault sl~all cortinue foz a p~riod o! thirty
(30) day (ti~e being o! the ~ss~nce o! this aqs~~ment), tb~n, at
the option oi th~ holdes h~=tot, th• entise amount o! said principal
~ then zea~ainiaq unpaid, toqetl~es Mith all intesest acczu~d tbeseon,
: shall immediately beconK snd be du~ an8 payabl~ and collectible with- ~
~ out notice oz deaiand thezelos. ~nd if this note ahall b~come in
clelanlt an~ ~hall be placed 1A th~ h~nas o! an attozMy !or collec- ~
. tfon, the und~saigned agset• to pay to tbe holdez her~of a reasonabZe
attos~ey!s fet aud costs o! aollection foz the eoll~ction hezeot.
Thi• nott i• eecuse8 by a mostgaq~ lien upor cestain lsnds in
8ectio~ns ~3 snd 26, To~n~bip 34 aOnth, Range 39 Ea~t, kno~wn as
~ "Mis~ion Bist", lying in S+t. Lueie County, 1~Iorida.
M=88IOM aA4VE8, t1I1C., a
tlozida aosposation,
( COR~OR1~?E 8~1L~ By:_~/,_E p_ C~D~N
Pseaident.
l1TTE8T= r
s~_: C _ Si'RONG
Sec=etary.
(Requiaite documentary tax stampa R
affix~r~ to otiginal note an8 cancelled~