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HomeMy WebLinkAbout0802~f ;942 , 787, S0 Fort Pieras, Ftoridal-v,8ust tt , 1969 F~ Vag R~gI{/gp~ I, we, sad eaab of us, paeosise to pay, without defalcation, to tba order of C'EARLES 4. ANNIE, B81-Slt=~ P. /1I~II~1IS, G08DO~i C. ANNIE, CHARMION ANNIB, RICt1AttD C. ANNIB, 8R. attd IRMA ANNI8, u ~oiat tenants with ri~bt of survivorship and not as teaaat• is antenna p ~.itin,~ Waters Bldg(. , tiraad ,Rapids , NiabiE,aa, or as otherwise d~ oe ~ Forty- by the payees or thedr authorised attorasy• the sv~ of two Thousand 3svea Hundred E~htyNVea and SO/t00 Dollars ao fotlowo: ;38,087.50, tosatber with iatsrast lros the datethet970~aad abtikete of •ix (bx) per cent per annuls oa tbs t tth day of Avdus , seta, to~athar with iatesast oa the pri~pal balaaes rstaaiaiag fro+a tiara to titan uppaid at tbs rata of six t6E)rpa~ uatilPihe ~ °~~~ bsr~utly poadia~ day of each Like succeedia~ pe i Pam • _ Saab iastatltaeat ahatl then on the unpaid balaaas of the payment of ansr iastallarsa sad without aqy other notice, dun sad payable at oaoe. bs .lust wpptisd is pa~yveat of t whao dine, then at the priaaipat soar. att the rsaraiaias If default tbs option instal nts interest sad is made is of the hotdar, shall be This sots ahatt be prsWWabls at aqy titoe is futL or is part wit~- out paaalty is tbs fotlowia~ taaaaer: pre nt in FULL -- praaisor shalt deposit the aa-ouat raraaiaiaE y~apa~ a a papa os itutioa to bs desi~tutsd in writia,8 by tbs paysss to bs bald is twat by scab iastitutioa for the payees sad to be paid by such institution together with aqy iaaoars derived tbenfrom to the payse• aeaordiaE to the schedule of payeeats eootaiasd harain, provided, however, the ppa~yy-sea aisy waive snob sahadule of payresata end be paid is futL by such institution on such reasoaabte aoti¢e as shalt be a~casd upon by scab institution and the payees at tba tiara of deposit of said p~payarnt. Upon the promisor makin~i said daposit in scab institution, the payiee• •hatl cause to bs executed is rsaordabLe form a release of the property described in that certain oe~ort~,a-8e which bas been axeaut~d this data by the promisor as security for this note from the Lisa and oparetioa of said atortgsEe • pre want is part _- promisor shalt deposit alt partial preparyaraats is a fiaanc a as~E u oa to be dasiEaatsd La writity~ by tbs payass to ba bald in trwt by scab iastitutioa for the payees sad to bs paid by suet iwtftutioa toEsthsr with say iacoare derived tharsfrom to tbs payees oa tbs next suaasedia~ at data aacordiaE to the schedule o! payateat• contained haters, provided, aowvsr, tba pa~ysss aiay waive such satisdubtr dt- payMats sad be paid the ataouat of sueb partial prspa4ytasnts sad soy incoars derived theratroat by scab institution oa suab reasonable aotiae as shall bs a8reed upon by suab institution sad the payss• at the time of deposit of aqy such prepsyaiaots. U a the promisor sukia,~ suab • dapssit to such fastitutioa, the payees shall a-use to be a~acuted is rceordabls forts releases of por- tions o! the property u described io tbs certain arartdar,Ee wbiab bu bees e~oacuted this date by the pratisor as asaurity for this note Erna tbs lien sad oppesratics of said mort~aEe is accordance with the terms as provided tl~srtia. All such partial prepaiyarsnt• shall bs applied is paymtat of the then sent suceaedia~ principal paysrant aaaordia,~ to the schedule of p;rymeats aoataiaed haters. Tt~a airs sad endorsers of this note furtbar a~rss to waive demand, notice of aoapgyaitat sad protest, sad is cans suit shall be brcv,8ht for cottectioa of this note. or the snare !ws to ba cotlaated upon demand of say attoraay, to Pays rsasoaebte attoa~asy fss• for makiaa such aollactioa. Deferred iaterast pa~yareat• shall boar interest at the rate of sevsa t79~) per teat psr aana~s j s/ Cerra Adams (s~-y) ~' arts A ems s/ Alto Adams _ SEAL) -' o ems X179 ~ 801 ~ ._.~.. .