HomeMy WebLinkAbout1695 SWD-M-3089 (12-1-58)
(Demand Note)
MORT~GAGE NOTE
Orlando ' , Florida
$ 282 ,100.00 lanuary 24 19 73
FOR VALUE RECEIVED, the undersigned, HALLMARK CONSTRUCTION
COMPANY OF FLORIDA, a Florida corporation, ~
jointly and severally, promise(s) to pay to the order of STOCKTON,
WHATLEY, DAVIN & COMPANY, a corporation oroanized and existing under
the laws of the State of Florida, the principal sum of TWO HUNDRED
NO/100
EIGHTY TWO THOUSAND ONE HUNDRED AND Dollars 282 ,100.00 )
with interest from and atter date o~ the amounts remaining unpaid
from time to time aC the rate of seven and three-quarters ( 7 3/4 7,)
per centum per annimm, in lawful money of the United States, at the
office of the payee at 100 West Bay Street, Jacksonville, Florida,
or at such other place as may be designated by the holder of this
note. Said principa~ and interest shall be payable on demand.
Demand may be u~ade for payment of interest without making-demand
~er nay~:ent o: princzpal,
In the event of defa~}.1 the parties liable hereon agree
to pay interest at the rate of/ per centum per annum on the ~
principal and interest then due hereunder from date of default until
paid. All parties liabZe for the payment of this note agree to pay
the holder hereof a reasonable attorney's fee for the services of
counsel employed after demand or default to collect this note, or
to protect or enforce the security hereof, whether or not suit be
; brought. Presentment, protest, notice of dishonor and notice of
; protest of this note are hereby waived by all parties now or here-
after Iiable hereon, whether as makers, en:3orsers or otherwise.
(
~ This note is secured by a mortgage of even date herewith
~ and the terms of said morCgage are by th~s reference made a part
` hereof. .
*The rate of interest will be adjusted on the first day of each month after date
so that for each succeeding month such interest rate shall be one and three-quarters
= percent (1 per annu.,. above the floatir~g ZTeK~ Yor;: p: i~ne rate uf inter~s ~
; as established by Morgan Guaranty Trust Company of ~Tew York on the first day
9
of each month, and in no event shall the rate of interest be less than seven
and three-quarters percent (7 3/4"/~) per annum nor more than the maximum contract
rate of interest permitted by law.
;
~ ENDORSER: HALLNUIRK CONSTRUCTION CO1~?P1~PJY
- OF FLORIDA
~
Cordon ~ Nutt (SEEIL) ~
Gordon S . Nutt - BY [~c~rdfln ~ _ ~Tutt
Its President
" Attest j9illiam i:. Beardall
Its Assistant Secretary
~ ~ ~1U 1693 ~Corporate Seal)
9JGK N~SGE
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