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tne order af
BYRO\ I~A RSO\
1HIRTI THOLSA~ID A\D \O/100tns ($30 000.00)----------------.-.-.-.-_-.'.-"'DG7~,.~.RS
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fifteen (15%~ Cent per aluLUm uzttil fuily p~+d.
for ~a:ue receivec, tooether with interest from date on unpaid balances at
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:'ayaole at ~.9 .
~nterest oniy to be paid quarterly, commencing on the 29th day of December, 1972, and
on the same day of 1Rarch, June and September ne~t succeeding until fully paid. The
~:r.aersib ed shall have the right to prepay this note in whole or in part at any time ~vith-
out penalty after one (1) year from date hereof, and shall have the right to prepay this
:~ote in whole together with a penalty of five per cent (5%) of the principal balance ai any
time within said one (1) year, or to offer substitute security of equal value, acceptable
io BYROti K~RSON, in order to obtain a release of the security herein provided.
Interest payable quarterly.
\ow shou2d it become neces;ary to collect Uus note througn an attomey, each of us. wae:her maker, security. or endo:ser on L`~is
f ao:e. nereby agrees to pay all cos~ ot such collectio~, i~cluc'.iab a re~onable attorney's iee. T'ae drawe.~ a:.d endo~ers ;~:vc_.~::y
~ ~vaive p:esentment, protest and notice of protest for nonpa,ymeat of this aote, aad co~sent that time of payment her~of ma,y be exi~:.d-
E-d W12~O:~t T1021CC t0 t~ dor~ers }~,ereof. aad tLat such extensioa shall in no wise a:ie..~i the:r liability he~'zon. LPon c~fuu:t con•
thirt ( ~ S
.L'~:liI1g :or .............y•-•................................ daYs ~ PaYing an3+ installment of pri::cipal or interest as above spacified, :he z.-i`•ire unpai3
~ri:.cipa; sum less the amount of az?y rebates required by law, shall. at the elec`.:on of the holder of this note. beoome ir~e.ua:elY. or
iherea::er, due and p~Y~~
St. Lucie coun;y~ Flo.:da, ~xa+
T'uis no:e is secured by a mortgage of even date berewith covering laads in
BEACH CLliB COLO\Y OF
STUART, INC
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.~be= .............................p.o.~........................................................................ BY:,s~.~'e~.:.ft. i0~~~l~~Wlos.._ ~5~;
George ~Apostolopoulos, President
Due P. O. Address (S~.?)
FORJ+I 101
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STUART, FLORIDA xi19I
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