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HomeMy WebLinkAbout1179 ~ _ f • _ , $65,317.58 =~C.~'.C~ C S ~ l~T. / , 1972 FOR VALUE RECEIVED, the undersigned, jointly and severally, promise to pay to the order of BERNARD PASKIN, at the following address: C/O David Hornstein, Attorney, ~5100=Wis~bnsi~,Avenue-~Irorthwest,. ~ - ~ Washington, D. C. 2001~, the principal sum of SIXTY-SIX THOUSAND THREE HUNDRED SEVENTEEI~I and 58/100's DOLLARS, with interest at the rate of six per cent per annum from date, interest payable semi- annually. The said principal shall be payable in annual installments as follows: SEpT f $13,600.67, plus interest, payable 1, 1973; ~ ; $13,600.67, plus interest, payable ~~,1, 1974; f $13,600.67, plus interest, payable 1, 1975; $16 900.66, lus interest, payable 3s~ 1, ].976; ~ ~ P $ 8,614.91, plus interest, payabl~~e 1, 1977. . ~ No prepayment during calendar year of ~972. A~''ter calendar year 1972, there shall be no penalty or nest~riction against prepayment. 1 ~ ! If any installment be not pr tly p~id within ~0 days next after same becomes due, then, at e opC~ion~of the ho der hereof, the -fu11 amount remai g due on thi~ nc~te shall t~iereupon become = due and payable t o ce, t gether ith'all other`indebtedness _ stipulated in t is n te an in the mortgage given to secure the same. ~ ~ The makers and ndorsers of t' note further agree to waive notice ~ ~ of non-payment, protest a d demand for payment, and in case suit shall be brough for the ollection hereof or Che same shall be ~ collected upon de nd o an attorney, to pay all expenses of such ~ collection, includi g a reasonable attorney's fee thereon. This r~ote is secured-by a purchase money mortgage of even date - herek~th and is to be construed and enforced according Co the laws of the State of Florida; upon default in payment of principal and/ or interest due on any note secured by said Mortgage, all notes so secured and remaining unpaid shall forthwith become'due and payable not withstanding their tenor. ~ ~ h ~ ~1~~. ~..i,. ~ I~l~~ _ 8~s':!(~V r Warren McFadden - ti~ - - - - ~ _ ~_s; .