HomeMy WebLinkAbout2576 . . . _ . . _ _ . _ . . _ . F ~y,. .r ~re,.-,e.,~y.~ ~ . ^sr ~nj~-:
~58.48 on account of principal and interest du~`"`~ ' ~
and paya;~le on Mav 1 1969 and a like 8um of
$58.48 on account of principal and interest due
~and payabla on thd~lat day of each and every month
thereafter until the er~tire psincipal sum evidsnced
herery, togetner with all accrued interest thareon,
is paid in full; r r-~•~:~ed, hawever, that the rsmaining
ind3btedness evidencec! hereby, i~ any, on April 1. 2998.
s±~::ll be then ~ue and p~y: _~le.
Each monthly installment paid hereurider shall be first
applied to interest at the applicable rate on the
reducing principal sum due herewnc3er from tii~-~ to time,
aod tha balance of each installmant ahall be applied to
L~s rPduction of principal. .
~hie Note may be prepaid in whole o= in part at any time
with~ut penalt~?. .
cac~~ ma'r.r~ a,~.d endorser severally waives demand, protsst and not3ce
of maturity, non-p~y~c?ent or protest, and all requirements necessary
to hold each of them liable as makers and endorsers.
F3ch maker and endorser further agrees, jointly and ssverally, to
pay all.costs of collection, including a r~a4onable attorney's fee
in case the princi~al of thia Note or any paymsnt on the principal
or any interest thereon is not paid at the r~epsctive maturity
thereof, or in caee it Aacomss necessary to protsct the aecurity
r,9rscf, c.~hether suit be brouqht or not.
This Note end def~rred intereet payments ehall bear interest at tbs
rate of ten per cent (1096) psr aanu~ fraro maturity until paid.
This hote ia securtd by a fizst aiortgag• of even data here~with an~
is to be cosetru~d and snforeed accordinq to the laws of the Stat~
of Floridat upon d~fault in th• payment of princi~al and/or inter~~t
due on any Note Secured by said Mortgage, all notee so secured ana
remainir~ unpaid shxll forthwith becoms due and payable notwith-
stand ing tY~eir tenor .
1~ (8EP1L) i
~ Ray V. Nattles
. . _ ~ - (BBr.
~ • nn e . es
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