HomeMy WebLinkAbout0812 .
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~lp~Up~~ we proquse .~o, pa~r to the order of the BOARD
OF NATIONAL MISS[ONS OF THE iJNITED PRESITYTEAIAN CIiURCH IlV THE UN1TE0 SfATES OF
AMERICA. a corpocatioa cxganis.ed under the lews of tbe State of New York, the pciacipai aum
of ~i~ lMO~N ~ Oq/l~ • • • • • • • s • • • • • • • • • • Dollacs ~~~00~0~ )
with iaterESt t6eeeon fenm t6e date he~eof until maturity at the rate of pE! CCOt QEt' 8011U111~ prin-
cipal and iaterest bQiag papable in lawfu.l aaaey of the Uaited States with the cwre4t rate ~ exchaage
on tbe City of New Yoe~k, at the offioe of the BOARD OF NATIONAL MISSIONS OF THE UNITED PRES-
BYTERIAN CHUACH IN THE UNTfED STATES OF AMEHICA, 475 Etivers~de Iki~e, Ne~ York, said pria-
.cipal to be-paid et.t6e dete and ia.tbe maanec fatlorving, to wit:
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~nthl~r iaatallmeata of principal aad iaterest of ~~.s~= ~~,p0
Dc~llars j~~ ) commencing oa t6e j~~ day of p~~s
19~~ , for ~ coaaec~ive moat6s.
` My balance either of principal or interest shall be due at the end of the last
monthly payment.
The obligor reserves the rig6t to make pcepaymeat hereunder without peaalty provided the said
pe~epayment is made in multiptes of tiie monthly payment and on the due date of tha monthly payme~tt.
Thia note is secured by e(MORTGAGE); (DEED OF TRUST) of even date herewith, executed .
and delivertd by the maker hereof ~o said BOARD OF NATIONAL MISSIONS OF THE UMTED PRES-
BYTERIAN CHURCH 1N THE UMTED STATES OF AIHERICA of New York, conv~eyiag certaia real +
, estate thereia described and duly recorded ia the Couaty of
State of the terma whereof are made part hereof. It is hereby agreed
, that if default be made in the paymeat of any of said ptincipal and iacereac a any p~ che~eof~ at the :
" time or in the manae~ hereinbefoce specified for t6e paymeat thei+eof, or if failure be made to pecform aay -
• of the covenants or agreements contained ia the said (Mortgage), (Deed of Trust) securing this note, •
then at the option of the holder of the same the principal sum remainiag unpaid, with accrued interest
shaU at oACe become due and oollectible without notice, time beiog of the easeace of this contract, and
said principal sum shall bear iaterest at the rate of six per cent per aanum and said accured interest
shall bear iaterest at the rate oE siz per cent per aanum from such time until paid; and it is also ag~d
that in such case t6e maker of the note shall pay all costs of collection toget6er with a reasonable sum
for Attorney's fces.
This contract is to be o~nstrued in all respects and enforced according to the laws of the State
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Daced ac tort Pi~rc~,lla. on che f~=~A~ day of ~p~~= 196~
'1*.i ~='~i! l~i~i~Tit~ C~ f+~!
T~ ?L~IY -
N- --•-------Name of Church or Ccxporation
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._w____~~-•---_•_ c~~~_~,_ se~retgry Trua~ees
(Corpcuate Se~I) -
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