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~35,OOO.GO Fort Piei•cc, Florida
N 0 T E Juue ~ Z , 196 8
Being in~lcbted, for value received, the undersigned, jointly and
severally, promise to pay to the Order of Anne C. Oberwortmann, 1567
Ridge Avenue, Evanston, Illinois, or order, the sum of Thirty-Five
Thousand Dollars (s35,000.00), together with interest from date thereon
as hereinafter stated in monthly installments of Threc Hundred Fourteen
and 60/100 Dollars ($314.60). The first monthly installment shall be
due and payable on ~he lSth day of .Tuly, 1968, and subsequent install-
ments shall be due anc~ payable on the lSth day of each and every calen-
dar month thereafter until the principal and interest are fully paid.
All payments made on this note shall be applied first to the payment
of accrued interest on this note and secondly to the payment of the
principal hereof, and/or to advances as may be agreed upon between the
parties. ~
This obligation shall bear interest from date at the rate of seven
per cent (7~) per annum until the principal and interest are fully paid.
The maker shall have the privilege of paying the loan in full on t
any interest bearing date upon paying as a premim 6~ of the balance due
at the time of payment. Thirty days written notice shall be given of
prepayment.
It is agreed that time is of the essence of this contract, and if
default shall be made in the payment of the said sums of money or any
part thereof as provided in this note or advances as agreed upon, or if
the interest that may become due hereon or any part thereof shall be be-
hind and unpaid for a space of 15 days or the taxes on said property have
become delinquent, then and from thenceforth it shall be optional with
the Payee to consider the whole of said principal sum expressed in this
note, with interest, as immediately due and payable and collectible, to-
gether with all advances with interest, ~rithout notice to the Maker, its
successor, heirs, personal representatives or assigns, and any failure
to exercise saad option shall not constitute a waiver of the right to
exercise the sar,ie at any other time. Installments not paid when due
shall bear interest after due date at the rate of nine per cent per an-
nu~.
All makers and endorsers now or hereafter becoming parties hereto
~ jointly and severally waive demand, presentment, notice of nonpayment
~ and protest, and agree that if this note becomes in default and is placed
~ in the hands of an attorney for collection, to pay reasonable attorney's
, fees and all other costs of making such collection. ~
MISSION GROVES, INC.,
A FLORIDA CORPORATION, ~
~
ByS/ E. P. C ongd on
. P. Con on - Presi
ATTEST:
S/ Neva C. StDong .
eva . trong - ecretary
~ ``~`(This note is secured by a mortgage of even date executed by the makers
~ in favor of the payee)
~
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F1LED ANp R~Q,~~~~ 0 . .e~~~ ~
ST. LUC~E CO~~ ~E~ CuSS'C' INtAN618LE ERSp A~ j~E ~
G~(` (1 ~,l F Rt F~ F? c~L~ tURSUANT TO CMA?TER 207~; TS Of 1 Y~1,
ROG~R POITRAS, Qr~
e~ A p.~
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r Nit111S M.1AME5
'68 JUi: I 2 M I: 5~ s+• t~ ~r to~ C~o~cjo?
i6'7928 - ~
~.i.':iE='r. ?'~t"~"?~ S ~ ~?UTYCL.lRK
CLERK EIReUI~ COURT
aoox~72 ~ 912
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