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HomeMy WebLinkAbout0784 ; , ; . ~ t PROMISSORY NOTE + i Miami Florido 19 . S ~ 12 , 000. 00 . . J~,~y 13 ~ FOR VALUE RKEIVED the u~dersigned, jointly and severolly, promise to PAY TO THE ORDER OF MEADY M. BRYAN, an unremarried widow at The principal sum of ~rwFT.vF T~USAND AND nQf 100------- i 12.000.00 ) together with the interest thereon from t~ate ? ~ ~ at the rate of q 1/2gz, percent per annum untit maturity, all payable in lawful money ~ f ~ of the United States of America, as follows: ~ ~ } S 96. 68 on the 13th day cf August , 19 ?a , and ~ ~ . ~ ~ gg~ gg on the ig~ day of eacl~ and every month thereafter ; until both principal and interest have been poid in full. Both p~incipal i I x ~ and interest in whole or in part may be prepaid at any time ~c without per~alty. ; ~ ~ t 's This note is b be corntrued and enfo~ced according to the laws of the Stete of Flo~ida. tn no : event shall intere~t accruing be payable hereon in exceu of the highest legel contract rate for ~ the time such indebtednsss shall be outsronding and unpoid. All paymenh shall apply first to ~ accrued interest, and ti~e remainder, if any, to reduction of principal . If any in~bllment~ of principal or interest is iwt paid when due, or upon any default in tfie performanc• of any of th~ ' covenanh or agreemenfs of thi: note, or of any note of a seria of which this note i~ one, or of any instrument now or her~ofter evidencing or securing this note or the obligation repretented ~ hereby, the unpoid balance less unearned interest :hall, at fhe option of the holder, becan~ - : immediotely due, payoble and collectible, and while in default, this note end defKred intere~t ; ~ shall bea~ interest at the rote of ten percent (1096) per annum. Eoch makK and ~e~do~sK ioiMly ~ and severolly waives d~mand, protest end notice of moturity, non-parmsnt or prot~st and all ~ requi~ements necessary to hold each of them liable as makers and endorsen. Each makar end endorser further agrees, jointly and severally, b pay e{I coah of collection, includine r~on- abl~ ottornsys fses in c~e the principol of this note or any payment on the principal or any interest thereon is not paid at the respective maturity thereof, or in case it becom~s necessary to protect the security hereof, whether suit be brought o~ not. ~ (SEAL) (SEAL) EUGFN LV (3 (SEAI) - _~SEAL) '~uo~x ~U`~ Pl,GE ~ ~ ~ ~ . ; - _ -