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~ f 3C , 000. 00 Boynton Beach F~a~, September 21 ~ p 70
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~QY th. und.ni~,.d ~oiMlp a~d s.~...lh? promis~s ro p.~r a d~. ord.r .
Iakewoo Park Realty Company, Inc. ~ :
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~ p,~~ ~ ~ Thirty Thousand - - - - - - - - - - ~f~=30,000.00 ~ ~
kgNhw wilh iM~rssi thK~on f~om dat~ at th~ ?st~ oF 7~' pK c~nt. p~? anw~ unhl nrhri~y, >
s~~M~ ~~y~ ~y s e e t e rms b e 1 u~y oF ~ach and ~vMr nanth bo~h prNidpal ~
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a~d ;~K.~ b«~w o.r.bl. ~ 1.w(~I ~+~o~.r o~ ~h. u~a.d Srar.: a~ . ~
` 4~~ N., E, 7th .,avenue,. Boynton Beach ..F~,
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ar af wth of1~ pbt~ as fh~ hold~r hK~oi may d~si~n~tf~ in writin9. Prinap~l and infKM in in~taN- i
r~'; ~s o~ * see terms below ~~~(~(XXXXXXX~
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i~yx,d~hx,~t~Iwarr~t x~e~J~~ir~rr~~c ~ac ~xx x x x x xxa~yc~ ,
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~ic~~~~cY,~~The purchasers shall pay interest only for one year fro •
Sept .-2'_ ,-1970, said- -interest shall_ be _ due_ and payable _seml-annually for the
•,,~first y -ar as follows: ~
On M3r<~h 21,1971, in the amount of ~1050.0~ ar.d on Sept.21,'71,$1050.00 •
On Sep~.,. 21,1972,the Purchasers shall make a~rincipal payment of E10,000 x~~
~~,plus 7~ interest on the unpaid ba'_•ance due and owing on the mortgage.
On Sep...21,1973, the Purchaser~ shall make a second payment of a10,000p1u~+.-~y ;
a~~;7x inte •est on the unpaid balance due and ow ~n~r on the mortgage. x~••
On S~p'• . 21 ,197~ , the Purchasers shal l r:ake tY:e f i r.al payment on the ~
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emai.lir,g balanee due plus 7~ interest cn t:~,e unpaid balance. ~~L
~he 3bnve mortgage may be satisfied ln w!:c~e or in part at any ~ime by th ~.3
~;'~;~Furch:is,~rswith~ut penalty provi~'ed tr.at the ncte and *~ortgage are not in ;
~'~'de~au:t.Any payments r~ade by the Purchase^:- Y:erein shall be deducted from
! ~;their r~u~ed~l ,OOQ principal payment 3u<• Septe:nher.
; I~'~~ E w s~r ~v~r~lhr w~iv~s demand, prof~st and nofic~ of malunfp, non-pay~ef a prol~t and ~N r~- `
j q~h~+~e~ls n~t~ssa~p to lwld ~aeh d?h~ li~bl~ as mak~rs and N+dws~rs. z~•'~ ;
i : L'' E~eh niakM and ~ndo~sK Fwti~ a~rNS. p~n~lr and s.~.?aqr. ~o ~r •II eosr: d edl.ee~, inelud'ap ~ rwsaubb M1a• ~
~ ~Y~~ n.y s(N in cast IF» princip~I o~ fhis nob ot ~nr paynNM on fM principal or any int~r~W fl»r~on is nof paid al tlw r~sp~div~
en+~tur •hr th~r~of. «~n us. i~ b.eo~n.s n.e~sa.~? ~o p.a«r ~h. ~eu?~w M~.of, whMhN wi~ b~ braqM a no1. ~
ihis not~ ~nd d~f~rr~d iMN~st nwnts shall b~ar id~rtit at tl,~ r~t~ o( 7~ c~nt.
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~ k. i Thii not~ is ~cw~d br a firu nar~yay~ of ~~~n dat~ h~r~wi~h ~od ~s to b~ constrwd and M(ort~d attordinp to th~ 4wt ,
~ ;,r a! 1M StN~ oi Flwida: upon d~fwh in flw~ paym~nt of princip~l and ?or ~~~~r~st wMn dw, th~ whd~ wm d p~incip~l a+d C~. i
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s ~~rK~tt r~n+~ini++~ unpaid slutl. N tl»w1' ol Nn hold~ b~com~ ~mm~diat~ly dw ~nd pa abl~ =
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