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Boca Raton, Florida, June 12 i~ 70
For value received, t,be undersigned (jointly and severally, it more tbaa one3. prom:se to ~ay
to :Sa order o! ROBERT F, fJIcROBERTS, JR. " as Trustee ~
t~apr~.ncipalaumof Thirty-seven Thousand-------------------•------_-••.__
and n o /100 DOLI.A~iS ($3 y 0 0 0. 0 0 with interest th~reon at the rate of s ev e n ( 7)
~er centum per annum from date unti2 msturity. said interest being pay~ble
botr. pr:ncipal and iatere8t beiny payable in lawful money o: the Uni:ed Sts~e.g of Azner:ca at
Post Office Box 10?5, Stuart, Florida 33494 ~
or at such other addraas as Lhe bo:der frora ti~ce to time may specify by written not:ee :o t:e ~a:~e:,
:he ~r:nci~a~ and interest to bepaid at ~he dats or datea and ia the manz~er fo:iaw:ng:
, ~
The pri,ncipal shall be paid in four equal annual installments
of $9,250.00 the first o£ said installments due•June 12, 1971 and
thereafter an equal amount shall be due on fhe 12th day of June, .
for three consecutive years.
Interest on the unpaid principal balance shall be paid annualZy
~vith principai paymerits.
t The maker shall have the ri~ht to prepay this note in full,
; princi~~al and interest, at any time. The naker shall have the
xight to prepay this note in part, tagether with accrued interest, '
,at any time after January 1, 1971. AII prepay~ents shall be a~plie~ _
against the next regular payMent of interest and the next regular pay-
ment of principal described ahove and in the order they become due
and payab le , ~
;'n:s note to be construed and enfor.:ed accordir.g to t~,e lawa of the State o: F:orida, a:,~ :s
s~cured by mor~gage on real es:~?:a o: even date heraw:tn.
for thirt (30) da s
I: de.au[t be madg~ m ihe pay~iient o: arYy of said surns or interast or in the per:or~nce o: a:,~•
ae eements contained herein~ then, at tr.e op~ion of the holder of the same. the principal su:r. ~:e:.
re:.:ain:r.g ur,~aid with acerue~ interest sha:l immediately bacoma due and col:ectib:e wit::o~:~ :.c,-
~ ce. t:me be:r.g of the ess~nce of this contract, and said pr:ncipai sum and said accr~:ed ir.te:ast
s~-.a~i bot'r. bear interest at the rate of :er. per centum par a: num. from such Lia~e un::: paic.
Each z~aker and endorser waives preseatment, protest, notice of protest snd notice oi dis :c~o:
_ ~:.d ae ees to pay all cos:s, including a r~?r-,or,abta attorney's fee, whether suit be b:oug~.t o: ~ct, i:
counse: shall after maturity of th:s nore or default h@r~~ader or under said mar:gaae, be e~?:oyz~ :o
cot~ec~ this note or to protect .ha security thereaf. _
•~~~~~~N~~~N~~~~~~~M~~~MM~MM~N~N~ N~N~M.•N•~N~~N~NM~~~M ~ ~~M~ Mw~• T ~ Y
B. tVILLIAM E. ~GLOVER, ~~Trus
ee L~ .
. ......................~...................w.................... ~s~a~.~
~ . ~ 80~ 185 ~ 504
•YN~[T AP[MCY M~
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