HomeMy WebLinkAbout2167 ?r~w~l~~o•~ Not~ •
s_~_500. Miami, Flo~ida, Ju~e 26 , 19?s
FOR VAIUE RECEIVE~ the undersigned jantly and severaily promise(s) to por ro the orde~ of
1VI, RAMSEY _ _ the p~incipal sum of
------Twen~-two Thousand Five Hundred and 00/100 ~ ~
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Dollan (S_~a 500~~0 ) togethe~ w~th interest thereon from the C~t e hereOf . ;
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- ot the ~ate of ? per tent, per annum uNil moturity; ooth principa) ond inte~est being poyobls in (owful =
mw,ey of ~he u~~~ed state: a~ c o Richard V. Neill, Esq. , 124-A North Second Street ;
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Fort Pierce, Florida
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or at such other place as the holde~ hereof may desigoate in writing, said principa) ond interest to be payoble on ~
- the dotes ond in the amounts specified below, to-wit: '
$7, 500. 00 on or before June 26, 1974;
$7, 500. 00 on or before June 26, 1975; ~
$7, 500. 00 on or before June 26, 1976;
together with interest from the date hereof at the rate set forth above
upon such sums as from time to time remain unpaid, payable annually
when principal payments are due.
This note may be prepaid in whole or in part at any time without
premium or penalty after December 31, 1973.
The mortgage which secures this note conta.ins provisions pursuant
to which the undersigned shall have no personal liability under said
mortgage or this note.
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~ Eoch maker and endorser severally waives demand, protest and notice of moturity, non-poyment or protest
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s ond all requirements neceswry to hold each of them liable as makers ond endorsers. f
~ Each maker and endorse~ further ogrees, jointly ond severolly, to pay all costs of collection, including a ~
~eoso~able attorney's fee in cose the principal of this note or ony payment o~ the principal or inte~est thereon is
not paid ot the respective maturity thereof, or in case it becomes necessory to protect the security hereof, whether
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~ suit be brought or not. t
~ During the period of any default under the terms of this note, or any mortgage securing this note, the interest ~
rate on the entire indebtedness then outstanding shall be at the rote of 10 pe~ cent per annum,
computed'from the dole of default and continuing until such default be cured.
~ This note is secured by a mortgage of even dote herewith ond is to be construed and enforced according to the
laws of the State of Florida. Upon default in the poyme~t of principal and/or interest when due or in the provisions
of any mongage securing this note, then 30 days after such default has occurred, the whole sum of _
principa) and interest ~emaining unpaid shall, at the optwn of the holder, become immediately due and payable.
~ In the erent of the accelerotion of this note, the total charges for interest and in the noture of interest shall oot
~ exceed the maximum omount allowed by law, and ony excess portion of suth charges that may hove been prepoid
~ shal) be refunded to the makers hereof at the time of acceleration. Such refund may be made by apptication of the
''s omount involved ogainst the sums due herevnder, but such crediting shall not cure or waive the default occasioning
acceleration. ~
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(Doc. Stamps in the amount of
w~ $33.75 affixed to the original
~ note and cancelled.)
_ _ _ ~~a~~ /s/ Lawrence C. Porter, Trust~~~
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- LAWRENCE C. PORTER, TRUSTEE
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- -(Sea1)
~ EXHIt3IT U $LL~?.~~~~ ~1{'s~i~
Mytn. Kiplso. Pwtn. Ltdnson i Kenin ~
's~~~,~.-, /180 f W i1R5T STREET. MIAM1. fLORtDA
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