HomeMy WebLinkAbout1340 rtoa7'c~, r;}; `07
; 2,?_::L,O;;~,^0~__ ~ Milwaul:cc ~ ~r'~s:ai~:~i_n__
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~ _ ~ 19_%.' .
FOR VALU~ W:Gr:TV1:D, the u~tc~ersi.gned FOR~ Y:~ ~,t;C~? CO~,:sy; R:.iC`1 TO::
COr.P01::~'w7A:: ~ a Florida _T~ ~ corporation, ~.ro~~:ises
to pay to the ordcr ~f r7R~T I~~1SCO~SIti N_~Z'IOt~.'1L BA~lC aF ,ITLI,'~1lii~:F~~, a ~
natio:i~:l. ban!-: or~;~~i~izect uiider the ].ac•~s oi ~he Un~ted Statc:s, ~.t i.~s
.
office at Nil.wzul;ee, [discotlsin, or suct? oLher place Rs thc hol.c':;:r
hereof may desiFi~ate in writing, otz _ May 1, , 19_ 74 , the
princiPal. sum of 'lwio Mill.ion 1`wo .Iiiiidred Ttiousand and I~;O/l~~~tiis
Doll.ars 2, 2t~(~, 000. ~G , or so much th~reaf ~s st~a~l. ~rom time
time be disbursed to or for the benefit oI the ur.dersi.gneci, c•~i.i-h in-
terest o~~ elch adv.~nce thereof at a rate equ~l ro Tt?ree
_ ~ per ce~it ( 3 per annum in e~:cc:s-s of t.~e n~~.~~i.::~_~s:z .
~rat-e fo~ nincty (90) day luans to the most respon~ible co::~i:l~'Y~~.~il bcr--
rowc~rs in efiecL at FTfiST IJISCO,~'SIN N~iTI0i~~1L B~'~N~ OF I`IILt~Tr1UKE~ iro~~
ti_m~~ to ti_me '(wi_th changes i.n tlie rate applicable heret~ ru bncc~::;e
,
! ef£ectiv4 on tlie first days o£ tt~e moitths followin~ the ef.fect~~;~
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F dates ot any changes in said minimum rate) but i.n no cveitt xx~xxj~x.~~;~_~x
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~ xxxx:~xxxx;;xx.:x~:xxxxxxxxxxxxxxxx~r:~xn~x~{xxxxxxxxx9{~x~w to b~ le~s
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~ than _Eight per cent ( _8 per annu.n
til maCurity, s~id iiiterest pay~ble comr.tencing oii ~he firsl cal~~ndar
~
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~ mon~h f.ollowing that in WI11Ct1 tt~e initial disburse.nent~ is rnzde, and
~ continuing on the fi~-st day of e~?ch mo~lth thereaf~e~- until matu~-i_~y,
~
~ k•i th a fira] pay~nent of acc~-~iec! inLc2•est due ~~L- m~tul:i ty, _
5 i
. Yrivi.lege is rese-rvcd ta n:alce princi.~~al p~ yr.~~~t~t-s an ~.ny in-
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~ te:-~:~ t F~ .~T~;_~:~ t da i:c~ c~i t-ho~it pre~:~i u,r. or fee, p?~ovid ::cl t t:~~. t~ t: t.~,~t t t~.~~~
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~ the;-c~ ; 1,~] 1 h; no defatt].t herecii~ct: i- no2- unc',er atly in~.*r~in~:^~:t t1e', cl 1s
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y 80GK
3 P~~~i340
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