HomeMy WebLinkAbout2899 of St. I..LCie - in the Statc of Florida , as
therein clescribed. _
If deiault be made in the payment of any installment of int-- .
erest as above provided, or i.~ default be made in the performance of
; ~Y ~~m~? ~ an[~Q c~~ fi~? ~1~±a ~n~sn~?ntS s31~f~ cs~*?clit~ c~r_s Af ~~'?A ~~AL_'t~A~@ securing
payment ~hereof, the entire principal sum evidenced hereby togettler
with interest accrued thereon shall, at the option of the holder of
this Note, become immediately due and payable. Z'he holder's failure
~ to exercise this option shall not constitute a waiver of the right to
i exercise the same in the event of any subsequent default., In the ~
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; - . .
~ event of any such _default and upt~n ~c~~3~~~~~ian t~f the en4i%e indeht~
edness aforesaid, interest upon the principal sum shall accrue thereafter
4
' at the rate of Fifteen ~er cent (~15 per
~
~ annum. . - .
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Privilege is reserved~to make additional principal payments
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on any interest payment da~e without premium or fee, provided thafi at
_the time of sucY? prepayment there shall be no default hereunder, nor
__.under any ins~rument hcld as security for this Note. ~
1'he maker and gu~erantors, for theaise7_ves, their heirs, 1eg11
represen~atives, succcssors and assigns, resrectively, hereby expressly
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~ BOOK~z PACE~~~
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