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- MORT(3AQE NOTE 't
~100,000.00 Florida, September 15, 1968
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For value received the undersigned ~romises to pay to ~
the order of Burton Smith Groves, Inc., c/o Ward, Bradford ~
Oswald, 423 South Orange Avenue, Orlando, Florida, the principal
swn of One Hundred Thousand Dollars (~100,000.00), together Nith
interest from date hereof, to Kit, September 15, 1968, on unpaid
,
principal at the rate of six per cent (6x) per annum until
maturity.
The principal and interest due hereunder is payable _ ~
as follows:
Date Amount
April 1, 1969 ~50,000.00, plus accrued interest
April 1, 1970 ~50,000.00, plus accrued interest ~
Should it become necessary to collect this note
- through an attorney, each of us, whether maker, suret ; or
endorser on this note, hereby agrees to pay all costs of such
collections, including a reasonable attorney's fee. The makers
and endorsers severally waive presentment,~protest and notice of
protest for nonnayment of this note, and consent that time of
payment hereof may be extended without notice to•the endorsers
If
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hereof, and that such extension shall in no wise aPfect their
liability hereon. Upon default continuing for thirty ~30) days
in paying any installment of principal or interest as above
specified, the entire unpaid princl~al sum shall, at the election '
of the holder oP this note, become immediately, or thereafter,
due and oayable.
~ This note is secured by a purchase money third mortgage ~
of~even date herewith covering lancls in St.~ Lucie County, Florida {
to-wit.
Blocks 2(less East 2210 feet), 3, 4, 5, 9, 10,
11 and South 120.66 feet of Block 12, FLOFIDA
MAID CITFUS (3R0`IE, according to the plat thereof
as recorded in Plat Book 13, page 1, Pub lic Records
of St. Lucie County, Florida. ~
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