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HomeMy WebLinkAbout1898 , ~j it $b6,000.00 Aprf.l ~v, 1970 FOR VALUE RECEIVED the undersigned jointly and severally promise to pay , to the order of ROBERT C. SALISBURY, TRUSTEE the principal sum of Sixty-Six Thousand Dollars ($bb,000.00), together wiCh interest thereon from date, at the rate of S per cent, per annum unCil maturity, eaid interest being payable annually ~il nE , -r1+ on the ~v day of April, 1971 and on the day of April of each year thereafter until the principal scim is paid in full, both principal and interest being payable in lawful money of the United States or its equivalent, at 324 Royal Palm Way, • Palm Beach,Florida said principal aum to be payable on the dates and in the amounts specified below, to-wit: ~ t $13,200.00 on April 1971, 1972, 1973, 1974 and 1975. , ~ This note may be prepaid in full at any time without penalty and may i be prepaid in part at any time after January l, 1971 Without penalty. Al1 pre- F payments ahall apply taward the next regular installment falling due. ~ Each maker and endorser jointly aad severally waive, demand, protest and notice of maturity, non-payment or protest and all requirements necessary to ' ~''~I hold each of..thec4 fl~a~rle .~~-malcers and endorsers. ~ ~ Each maker and endorser further agrees, jointly and severally, to pay ~ ~ all costs of collection, including a reasonable attorney's fee in case the principal ~ f ' of this note or any payment on the principal or any interest thereon is not paid s ~ at the respective maturity thereof, or in case it becomes~necessary to protect ~ f the security hereof, whether suit be brought or not. . This note and deferred interest paym~ents shall bear interest at the rate ~ ~ of ~er cent, per annum from maturity until paid. ~ This note is secured by a purchase money mortgage of even date herewith and is to be construed and enforced according to the laws of the StaCe of Florida; upon default in payment of principal and/or interesC due on any note secured by ~ said Mortgage, all notes so secured and remaining unpaid shall forthwith become due and payable not Withatanding their tenor. G • ~ (SEAL) CSE~} ~ HO1~R HOYT BER,'~IARD PASRIN ~ ~ CSEAL) (SEAL)_ s GERTRUDS M. F10YT ~ B~S~ ~ i ~ , ~SEA~ tt~ III~I+?1~:. •t' fl ~ sooK 184 ~~cE1894 ~ ~ ~ , r - r.i - , . . , " . . ' 4. -