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FIRST NATIONAL dAt~/O~ RIVI~A 6EACH
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s_200,_000.00---------- ---------March--22~--------------_-----~ 19_ 68
For value received and , h~ e. I, we, or either of us, jointly and severally, promise to pay to the
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order of FIRST NATIONAL BAI~/OF RIVIERA BEACH. ~a National Banking Association, the sum of
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TIiOUSAI~ID_
AI~ID _ NO~100 (~--200j 000.09 DOI.LARS.
with interest at the rate of ____84Y~i~____ ( 7 fo ) per cent per annum, payablc monthly. "The said principal and
;nterest before maturity are payable in installments, which include a part payment on the principal sum and a pay=
ment of internst then due on the principal sum remaining unpaid, as follows:
In _________~1Xty________________________ 60 monthly installments of S. _ 3._960. 30 each, the first
monthly installment becoming due on the ____2z~~1_________________daq of _________~t~r_____._-__--------. 19Ci9____, and a
like amount on the same day of each month thereafter, with a 5na1 payment to cover the balance dne, on the
--22nd-----------------___day of_____ S__e~tember 19__74 This is a construc-
loan.Interest payiaents only on sums actually disbursed between March 22,
1968 and October 22, 1969 shall be made.Interest rate during amortization
period above specified may be increased above seven per cent., but not to
exceed seven and one-half percent. All payments to bs made to CITIZENS BANK
O~F PALM BSACH caTNTY, as agent ~of pay~~. Thi$ not8 may be prepaid. in whole,
or in part at any time before maturity without penalty.
in lawfnl money of the United States of America ~vith ~cnrrent rate of exchange on New York:
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and if any installment of this note is not paid at its maturity, either in conrse or by default.
and is put into the hands of an 1~ttomey for collection. I, we. or either of us, agree to pay all costs of collection,
including a reasonable Attorney's fee, in case tlie principal of this note or any payment on the principal, or any
interest thereon, is not paid at tbe respective matunty thereof, or in case it becomes necessarq to protect the security
hereof, whether suit be bronght or not. After the maturity of any installment of this note, either in course or by
defanlt, the rinci al thereof shall bear interest at t rate of Seven & Olze-ha i(~ ~ r t r annum
uncil paid. ~f c~uring construction act~ve work s~iall-~cease ~or a c~'on~innh~us _period
of 3 months or more or if durin construction the plan of development ia
changed to another and dlfferen~ use without consent of payee,the entire prin-
= cipal and accrued interest shall become im~oediately due and payable in full at
the f~tion o~ the a~e~ w~tl~out notice. ,
~s egpress y agreed ~ha hme is .o the essence of this contract and shonld any instalimeat of this note, or
any part thereof, remain unpaid after the same shaii have become due and payable, or should anq of the conditions
and requirements set forth in the Mortgage hereinafter referred to be not complied with, then the entire principal of
this note, and the entire principal of~ any and all other notes, if any, given as evidencing the indebtedness secured by
; the Mortgage hereinafter refened to, less any rebates reqnired by law, with all arrearages of interest, and all costs of
~ collection, including a reasonable Attorneys' fee, shall immediately become and be dne and collectible at the option of
the holder of this note, no notice of the egerci~e of such opt~on being necessary.
Each maker and endorser severally waives demand, protest and notice of matarity, non-payment or protest.
and all reqnirements necessary to hoId each of them liable as makers and endorsers. & TRUST CO.
This note is secured by a First Mortgage given by the maker hereof to FIRST NATIONAL BANj~OF
RIVIERA BEACH, on property described in said Mortgage, whieh Instrument is to be dnly recorded in the Public
Records of --~----~~-~ci~-----~---- County. Florida. ' ~ ~
Wherever this note is egecated by a co-maker or endorser who is the wife of a co-maker or endorser, the said
wife does herebq egpressly acknowledge the "within debt as her joint, and individuai debt, eapressly consents that all
of her separate property is and shall be liable for tlie debts'and obligations contained herein in the same manner and
to the same extent as such debts and obligations may be enforced against the pmperty of an nnmarried woman,
hereby expmssly waives anq protection granted by the provisions of Section 1, Artifle XI, of the Constitution ofi the
State of Florida, or by any amendments thereto or revisions thereof, and agrees that the consent hereby given shall
in all respects be deemed and construed as the consent reqnired of her pursuant to said Article XI, or any amendments
thereto or revisions thereof. IiOLIDAY OUT IN AN~RICA AT II~ID7AN RIVER,
Given nnder the hand and seal of each party. I~' ~
Witnesses as to married women: By_______Robert A. E rso2z _(SEAL)
-~res3 en
----------/s~--Lois_W.__Roark-----------------N- Attests_--Bazen Kreis (SEALj
Secretary ~
---------/s/--Henry_ T. __Ogle------------------- _/s~N
z_~S eisv-----~_~-----_ (SEAL) ,
Marie M. ICzeis------------- (SEAL)
t~?RIE IQ2~IS, his Wife
s_ Robert A. 13 erson ~SEAL)
OB~R~ $ . ~~?~£l~~ ~
.1~ 5~4.~~d~~P~son____------_ (SEAL)
800K~~1 PACE ~31 ~'~a~ $ppERSON, his Wife
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