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PROMISSORY NOTE -
' ' ' • Fort Pierce, Florida
, ~ S~Ya~d3i~'~?~df~d~C
~ = 1,5~U.4Q July F, ,~s 71 _
FOR VALUE RECEI~'ED, the undersigned, jointly and severally, promise to pay to the order
~ EARL McGEE and MABLE McG-EE~ husband and wife
t~ p~pa~ s~ ot ~o thousand, five hundred 001_100 ~ttare
~yable ~ roto.~?~: T e principal sum shall be payable in tiaenty-five
(25) equal monthly installznents of OnE hundred dollars ($100.00}
together with interest on the unpaid baiance at ttie rate ot
6 1/2% per annum, interest payable monthly , the first payment of
principal and interest being due and payable on or be~ore the
day of August, 1~71: and monChly th~ereafter on the same
" c-iay
each and every suceeding month.
said pay~nents to continue unti! the interest an•1 princiral are paid in full, eac}i pay-r:~ent brine
St. I.ucie Countv
8epl~~icd first to interest and the remainder. if any, to principal, at
}3 ~r
or sueh place ~c the hold~r here~f de-ignatrs. This note or.am• ~art t?i, n~~~f m~~• tr prep.ii~l at any
tirne kitt~ intcr~•st thereon to ~iat~ of pa~-m~•nt onl>•. If ~n~• pi~m~~iit ~~f ir.:~~r_--t ptin:-:,~a! i4
' made N7i},tn 30 d~}~s aft~r it i~ due. tlie en2irF p:in:•ifr.-•i si~:e!i trc•~r~r ,i:s,• ~tie:h~~~~' n.~tc-••. Fai:a:e•
to ~~ercir thc tigl~t tu acc.~l.•ration s`iaf) not «~aiv.• .uch rc•!tt uE~~in an~: <uh:a~ ~a:~ ^t ~l~~fstit. -In t!:^
~v~r! of ~~lav2t in ua~•~en! aN {~r~r.~ li:~},!~, }~rr~n j~.int!}• :~n~( s•~r~r:i,;~• .:~ive {,r~•;r.t nn,l aen~.• tn
. p3~ P~~ njnn•~•-r,s n~ Cnlli..~~~~.~ tnn~A{1nI ti91{. lr.A~(~I1.1+~l17 3t~r.rt1~•Y~: llp'~ll~~lt ^ ~~ll~.•~~7~P ~)f~~•~~[`(~If...a
_ This note is in parMent of Covenant n~r_ to Ccmpc~te of even
date h~r.cof e::~ctrt~~ct by the Pave~s in fa~°or oi the ma~;er
and eYpiri.n~; :::c~ntns~ ai rc~r cezt-~~ i~~~rc•oi , anv vic~iat;:.~.~ - -
of which m~~v constiCute a set--off ~~~;ainst tl~c rc~r.~ainilz~
sum ~ue hcr.~on.
- - - ~I.FCI'F~l-7'P.0\TCS, T\C.
G11 ~ ~ ~ ` ~ ~ ~y l'rc i ct~~n t ~
~ a~~~ 21
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