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HomeMy WebLinkAbout0588 . ' C~ s ~y December 21., 1~. 71, i ~ i 2O,.QO.O..OQ.._._........ STUAAT. Florida. . _ . . . . . "i ~ FOR VJILUE RECEIVED. !h~ undersiyned. joinllY aad u~~rallr. PROMISE TO PAY !o fh~ ord~r ot....... _ ~ JAMES R. STEWART~. TrL;stee, ~ . . . . . . _ . . . . . . . _ . _ Twenty. Z'housand and NO/100~-- .-'DOLLARS. . . . . . . ~ at _ . . . ....o: such oih~r plac~ as !h~ hold~s ~ hereof m~T d~signal~ in writiag, foyethe: with inieresl i~om date at !h~ rafe oi _ 7.. per centum per annum on !h~ unpald ~ balaAC~ until maluritT. Th~ said principal and int~r~st thall be due a~d payable as iollo~rs: IA five (5 ~~U81 ~ ~ annual installments of Four Thousand ($4,000.00) Dollars of the principal ~ plus interest then due on the 21st day of December beginning December 21, _.a ..it.~.~~.~. ..ai ~ a.1,~+ ....:....:r.~l ~r..i ir.a-ere~~ ~ro f~tl lv r+aiA ~IYhis ~ 17/L~ C1114 ~.V~~~.Ll{.iill~ Wa\.11 a.~~t~ t.~~....~r.~+ uaa..a iaa~.~a~...sr. ,...i... ~...as.j i e.--- Maker may prepay any part or all of the unpaid principal at any time before ~ due without payment of premium therefore. Not withstanding anything contained in this Note, no personal or deficiency judgment may ever be sought or obtained against the Maker or its property (other than the premises mortgaged as security for payment hereof), its successors and assigns by reason of this Note, the Payee having agreed to look wholly to the security of the property mortgaged as security here- fbre. It d~(anlt b~ ~w~~ ler .~.7~f...---• 4~~ w ~6e p•rmeat e! aay isst~llsent ot ?rincipa! or iwtere~t x~nr yart tAereof, the ~+ho:e ~ua t\~n nmaiain~ unpaN vil? intere~t sAall ~t 6dier'~ e,ti~a ~econ~e dw ~wa oara?ie ~itAout wotice. Failure le e:~nise sucA optioa ah~ll net conatitot1e ~ai~~r ef tAe ~ ri~At te e~eriis~ tle ~a~se i~ tM ~~eet ~f susseawwt defaelL A(te~ Wturilr botM princioal ud accrued iwureat s6a11 br..r iwtereat at . yer cen~uw~ 5 yer ~nnuw rwlii ?aW. 71e wuktrs ~w~ ew~ors~~• of tAis aeN lu?lAtr wu~e dcmand, ~olice el eo~-wr~.~¦t and prote~t. If lAis note i~ net PaiJ at maturi~r ~ t?~ ~awe i~ ~laced ~ri~? aw ~ttorwer iK cellectiea. Ib~ ~ake~E~C~PL~~JGL~{ ~?S~I~G~~it• ~L~11~~~Iy~~e~aU court cnat: •nA reasMalle ~ite?wq 11V1: • ~ Att@St. . .....iSEAL) • / l N~~~~~.....~ t...I~ ~ . . . - ~ ~ re~id~erit....... . . t ` . .....ISEAL) ~ ~ UI . 1ZC~f~K-F ~ Secretary ~l . ......:SEALI ~ ~ C\_C'iZ- jZCL~t ~~cA`~ .._~SEALf ~ ~ ~ . . . ~ L ~ ~ ~ ~ - ~ _ - , s 14 _~_200 . OO STUlIRT. Flo:ida. Deceinber 21, - 19....71. ; ~y FOR VALUE AECEIVED, !he undusiqned, jointl~ and se~~rally. PROMISE TO PAY fo 1h~ ord~r of ° ' JAMES R. STEWART Trustee, . . ; ~ . R-~-------~-----~---- ~ . F r ourteen Thousand Two Hundred and NOIlOG--.--_-_-.---.-_---_-.---.-_-_--_-.-_-.---.-_--- LLxAS, . . DO _ - .....or such oiber pl~c~ ~s ihe hold~r ~ ai _ . . - ~ hereoi m~r d~sigaai~ in writing. toy~lher with interes! irom date ai !he rste of . 7. per centum per ~nnum on tbe napaid ~ cataac~ uniil maturi~. Th~ said principal and interest ahall b~ due and payable as follows: In five ( 5} 2QIId1, ~ ar,r,uai installmeats of Two 2'housand Eight Hundred Forty ($2,84~.00) Dollars ~ of the principal pius interest then due on the 21st day ~f December begin- r.ing December 21, 1972, and continuing until the principal and interest are ~ fully paid. '~he Maker may prepay any part or a12 of the unpaid principal ~ ~t any time before due without payment of premium therefore. ~ i Not withszznding anything contained in this Note, no persona~ or ~ aei~ciency judyment may ever be sought or obtained against ~he Maker or its ~ property ~ozher than the premises mortgaged as security for payment hereof), ' ~ i:ts successors and assigns by reason of this Note, the Payee having agreed ~ ~'~c ~ook whol~y to zhe security of the property mortgaged as security here- ~ t~ ~ore. ~ ~ ~ if deiau~t o~ +wsee i~r ..~v-... aa~~ in tbe pa~enl o! aar imwl/aent of Orinc~y~l w ieternt e? ~np par[ lAereo(, tAe vrhole sum tAco remaia~e~ unPaid ~rit~ inteteit shall ~t 4iidet~~ oOtio~+ ba~come Aw ~wd Par~11e ritAo~t nolice. Failure te e~e~cise sucA oPtioa sAall net coestitute ?O.ai~e~ ot the ~ ri[bt te eaercise t?e ~aw~e i~ tAe e~eat ~f wbsequ~st Jel~ul~ A(ler aWritr bolh princioal enA Ktru~d int~res~ shall b~..r iaterest at. ..pe~ centum ' yer annu~ o~til oaid. The s~aken awd tw~o?s~rs ef tbis aote IuA6er ~~i~e demanA, eolke of oon-oa>meot and Prot~sl. If this aote is not paiA ~t i m~turitr and t?e ~~~e ti vl ~ed viti aw att~?~er f~r colkceiea. tse ~+1~e~E ^dKIPLI~TGER aWA~~~C7~~~t• ~i~I~,~nh ~ cl.~~ .11 court Ir cost• ~n1 re~~ewab4 ~tt~~ 7 ` , ~Z ~ ~ ALtest: S /l11...--~..:....I~..t- . ./..I~J.~ _csEaL? ~ ~i P~esideri - . ~ . ~ ~ } . ; . _ . . . _ ~ ~ ~ . . tSE11L) S cretary s~° . _ . iSEALI . . ~ r ~ \G~l~i.2~ ~ ~~C~ .....(SEALI ~:3 i.;~d ~~~k 198 PAGE 588 ~Y -