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~r~Utilpll ~lUM1~8. tfiat if sai~l .~llort~li~'or s/rall pay rc~rto thc saic~ .1lfort~s~rgc~e
th.e certain pronatssorrJ nule, o/'tc.~/iiclc tlie j'ullor~•i~r~ iit uurds ~t~td fi~rcres is a trr~e cupJ,
to wit: _ I
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~3,1y5.~. Fort Pierce, Florida ~
_ September , 1y72 ~
For value received, I, we or either of us, promise t~ pay, with~ut
defalcation, to the urder of JPCK KANDILL and IRBDiL M. KANDILL at
331 E. Maaon ~venue, _ Alexandria, Virqinia the ~um of Three Z`h.,usand
t~ne Hundred Ninety Five and JU/1J~ with interest frucu d?ate at th~
r~te ~f 1~; per cent ~er annum, in ~ix semi annual installmenty as
fvll~wa: The first ~ay~oent ~f $b2~3.35 ia due ~ix ~nths fr..m the date
:~f cl~sing and_shall continue aa foll~ws:
, 2nd pay~ent $612.38
3rd ~ayment $Sy6.4,~
th payment ~ 58~ . ~.3
~ 5tn ~ayment $564.45 •
' eth i~ayment $548.4F3
on the curres~ndiny ~ay of eac2~. like 3ucceeding ~eric~d thereafter until
the ~~le t,e fully ~aici.
k:ach instalLoent first ~hall be a~plied in ~ayment of the interest a.~n then
~n tne uczraid ~,alance ~f Lhe ~rinci~+ai 3um. If _~efault is made in tY,e
paya:E..-'Ilt ~f any installtt~ent when Lue. then at t2;e option ~f the holc:er, and
witr.~nt any other notice, all the remaininy installments ~2~a11 be due acx~
payabl~ at ~nce. Privile5e is c~iven t:, ~?ay twu or moze installr~ents at any
inetallcnent mtliu~it~ ~ate. ;.ut thia ~hall not extend the time ~f matuzity
=f any 3ui~sequent ins3tallment, Niather forb~arance, nor acceptance by the
:~~lder hereof after any ctefault in any payment hereon, .~hdll be deemed
exten.a ion .
Each maker., surety anci endoraer hereof, jointly and ~everally, waives
deaan~, presentment, protes.t a~n~d notice ot proteat for no~rf . p~lya?ent and
furtheac ~c~see~ ~ to. any ,a~ctension .~.f time ~f ,~aymept,` either begore or aPter
maturity~ without notice to any of us; and to pay all co8ts o~ collection
in~lucii~,~~ rea~c~~l~ atto=~ey'a ~ee 1l~;the evenL,~t any default heieunder,
and hereby ~everally waives all benefit of homestead and execnpti~n under
the c~nstitution ar.d laws of each State of the United Statea, as again~t
this obliyation =•r any extension or renewal hereof.
r.itness the hand and 3ea1 of each party .
~081t~ J~E , ~ ,~2~ (sEhL) ~
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