HomeMy WebLinkAbout0029 Thia n~~~ is ~~curod by a. f~rst oort~?p, dat~d
`~•~-~I~l~roti~ 1972, ~aado and d~li~or~d by tb~ und~rsigned to
the •bo~• n~o~d pay~• •a a~curity for the paym~nt aa hor~in
sat fortb. In tbe •~ont of !ha ocaurr~no~ of anr d~fault
in th~ tarma of this noto or in tb~ teraas of th~ mortgaga
seouri~g it~ the holder of thia not• alull ha~o tbe ri~ht~
at its optio~~ to doolaro tho sntira unpaid ba?lance o~ the
prinoipal woount of tho ied~bt~dnoes to b~ i~ediataly du•
~nd parablo. -
Sach maker and endorsor s~vorally wai~es doaw~d, ~
protost And notico of awlurity, hon~payment or protest and ~
all r~quiroments a~aassary to hold •aoh of th~o liable as
o~k~rs ~?ad •ndorsors.
Tach makor ~?nd ondorser further agra~a~ 3ointly
wnd se~erally~ to pay all costs of collection, including
a roaaonable attorney~~ fee ia the eoent tt~at this note
is placed in ~the hands of an Atto~rney for collaotiofl and
further, fe the evont it becomes reaaonably nec~ssary for
the holder to placa thia note in tho bands of ~?n attor~er
fo r enforcement of a~y of the terma of tbe note or of tho
mortgage gi~en as socurity herounder, whathar suit be
brought or aot. ~
This note and deferred interost payments sLall
bear iat~rest at the legal mazimum rata of inter~st, por
annum, from maturity until paid, y
MOTOR I~TVBSZ'MTNT CORpORATION
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