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~~_~~~--n~~r ~,nn 1.a frQ,~ data hpr~_ FOR VAWE R'cCE1VE0, the undersigned, jointly ond severolly, ~
promises to poy to the otder of JACK R. COURSHCN, os ~ominee of the Trustees of Fitst Mortgoge investo~s, o
' Mossacnuset~s Sus~ness T.us1, witF~ powe~ to sctisfy, discha~e, release, foretles~, assign cnd/or tronsfer the w;thin
No~e, ond to execvte deeds oE to~veyance ond deed ~estrictions, ond to des~gaote ~ substit~te ~ominee in his stead, the ~
iZiiE wU;I~Rr~ ;:I;iTY :TMLR~ TI?QUQ}1y~J SIX HUiITFiL'sar.d no/100---•-- ~
pr~nc~po) sum ot . : _w
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Dollors{~ . „ o~ so much the~eof es mo be .
odvonced, ot its officr ;n ~he City of Mi ~,i gea _h ,$tote of Fjn+-i,~3a ~ -e I
ar et suth ather ploce as moy be orsignoted i~ writing by the holder of the Note, together with inter~st the~eon from
dote of odvences on outstandinq pr~nciFal balance ot 1he rote of T~.II r32~ ne-~t?~Y't°`-' pe~cent
t 10. 25 per onnum, p~yobte monthly on the first dey of~eoch monfh ihereofte~. g~, QI ,~T- '
TAC"".:.~ r..:.?.:_O ~::7 S?~~i.IC:-:~.Y :L=i~~ P.~B':' ~~2~Or. Q•3z't~~s ~
VYhiie in deicu~t ona .a ~rer moturity, this tiore s~oil beer interest et the rote of .~curte~n a-:d T!~: eQ-~ F~~CZr,t
( 14 .75 !o) per onnum ,~eycble monthly cn the first day of eoch month thereofter, in lieu of thp rote
hereinbe~ore specii~ed. Snouid it become necessory to coileet this Note through on ottorney. all porties hereto, whe~ner
maker, e.~derser or guorontor, each severolly ogrees to poy oll costs of collecting this Note, incl~ding reosoneote o~to: -
ne~/s fees, whether collected by s~it or otherwise. _ - -
. ~ . _
From time to time, wiihout wotice to moker,• endorsers ond gvorontors, said Note may be extended o~ renewed in '
whole or in part cnd/or the ro!e of interest thereon moy Ee chenged or fees in consideration of (oon extensions moy be
imposed end eny relate~ rignt or security therefor may be woived, exchonged, surrendered or otherwise dealt w+rh end
ony of the acts mentioned in seid Note may be done, ell without affecting the liabiiity of the moker, endorsers ond
guorontvrs, eoch of' whom ogrees to remoin lieble under soid Note until the debt represented thereby ;s octuatly paid
in full to the hotder. :'he releose of ony porty liob(e upan or in respec~ to said Note sho11 not reieose any otfier such
party. Each of the g~arontors and endorsers end the moker hereby woives presentme~t, demond of poyment, prctest
and notice ef non-poyme~t ond of protest end eny ond al) other notices ond demands whotsoever.
- This t~tote is secured by o f;rst Mortgo;e or Deed of 7rust execu:zd by the moker hereof constituting a fi.st iien an
reo! esto~e. !t is expressly ogreed :hot all of the covenonts, cond~tians end agreements conto~ned in said Mortsege or
Deed of ~rust ond any loan Agceeraent executed in connection~ therewith are he~eby mode part of this Note. 7i~~s ~ote -
wil! be cons:cie:ed in ciefauft ~pon o~y defovlt or event by which, under the ierms of the Mort5o5e or Oeed of Trvst
-seturing this i~ote or any toan Agreement executed i~ connedion therewith, soid Note moy or sheil become cue ond
poyoble, or uFon failure to poy eny insta}Iment of interest or principol as req~ired herein, o~ tne due date t~ereof.
In tfie event of cefavit t:~e holder oi tinis hote moy, ot its option, declore all unpoid indebtedness evidenced by th;s
t~iate and any medif:cat~~ns thereaf, irr.medi~tely due and poyob:e without not;ce regerdless of the date ot matur~:y.
Foilv?e ct any t~me to exercise t6is option snolt not constitute a waive~ of the richt !o exercise the some at ony c:her
time. In the evenr of the ecceieration of this Note by ~eoson oi defeult, any uneorned,interest in the poymerits prec~pi-
toted to moturity wift be etiminoted: • - ' _
' Notwithstanding any prov;s~on herein or in any instrument now or hereofter securing sa~d indebtedness, the totol
liabil~ty for p~yments ~n tne noture of i~serest sholl not ezceed the limits now impased by the ~sury laws of the.Stote
i of. appl;cob;e jvrisd:ction govern~ng the provisi~ns of this. Note._ ,
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~ This Nofe may nat 5e !ermincted o:al~y, but only by discF~orge ~n writ~ng and signed by the porty who is the owner ;
( 011CI FtC~~er of th~s ho:e ct ti,e time enforcement of any d~schcrge ~s s~ught. .
j :his ::ote s'r,311, ~or all purposes, be governed by and constxued in accordance with t~e ~
I State of F2c=i~a. . . ;
i MAKFe2: (if lno+v~duais) fAAKER: (If Corporot~on)
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