HomeMy WebLinkAbout0631 i'
~I ~
I ~ .
f ~ ~
~ AI1 a - - ~
p yments shall apply first to accrued intereat, and the•r.ematind~r,
if any, to reduction of principal. If an~y installment of principal or
Interest is not paid when due, or upon ar~y default in the performance
of any of the covenants or agreements of this Note, or of any instrument
.now or hereafter evidencing or securing this No~e--or the obligation _
j represented hereby, the whole indebtedness (including principal and in-
; terest) remaining unpaid, shall, at the option of the ho lder, become
; immediately due, payable and collectib2e, and while 3n default, this Note
~ and deferred interest shaZl bear interest at the rate of TEN (10~) per-
~ cent per annum. Each maker and endorser severally waives demand, protest
and not3ce of maturity, non-payment or pr~otest and all requirements -
necessary to hold each of them liable as makers and er~dorsers. Each
maker and endorser further agrees, ~ointly and severally, to pay all costs
of~collection, 1nc2uding reasonable attorney fees in case the principal
of this Note or ar~y payment on the pr3ncipal or ar~}r interest thereon is ~
not paid at the respective maturity thereoi', or in case . it beoomes neces-
sary to protect the security hereof, whether suit be brought or not.
F'ORT PIERCE DEVEIAPMENT ASSOCIATES, !
LIMITED, an Illinois limited partnership
~;~.~r BY: S& P OOMPANY, a general partner
. BY: J~ C~ '~,i~ / 11~' .z~
e• ~
BY: REAL ESTATE CAPITAL CORPORATION,
. an Illinois corporatior_, ~s a
" general partner
(
' BY: ~ f- t t
PayablF: at : 'I'i e • T-'- "
.
FIF,S~' NATIONAL BANK OF F~ORT PIERCE
Fort Pierce, Florida
J
~ i8~ g3p
_ ~a~
~
~
-~.~-^y ~ ~ _ - _ _ - _
. . . . _ _ ~