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• INSTALLI~'~NT NOTE
~ $ 120, 983.34 rort Pierce, Flc~rida
Ju ly 16 ,.197 3
For value received we, jointly and severally, as principal promis~~ to
pay wichout defalcation to the orcier of FRANC~S K. HARCUS
at the office of Bryan and Koblegard, in Fort Picrce, rlorida, the: sura
of One Hundred Twent Thousanc~ Nine Hundred Eighty-three & 34/1~~~:i lars
~aith interest from date at the rate of eight percent ) per anrnir~, in
yearly installments, payable as follows, to-wit: Interest onl~ d~i~: on
the 16th day of July, 1974; one-half of the principal, plus interc:::t, on
the 16th day of July, 1975; and the entire balance, plus interest, on
~ the 16th day of July, 197G .
i
~ Each installment first shall be a lied in
. pp payment of the interest: and
then on the unpaid balanc~ of the principal sum. If default is m~:cle in
any payment when due, ttisn, at option of the p~yee all the remainii~g
installments s11a11 become ciue and pzyable at once.
Should it become necessary to collect this note through an attornE~~~,
either of us, whether maker, surety or indorser on this note, herehy
agrees to pay all costs of collection, including a reasonable attorney's
fee .
The makers, sureties and indorsers hereof severa~ ly waive presentn:c~nt,
protest and notice of protest for non-paym~nt of this note and agrE~e
that the time of its maturity may be eYtended bcfore or after matLrity
and do further severally agree to any renew~l thereof before or afi:er
maturity without notice of them.
This note may be pre-paid at anytime without penalty, except that i~o
payments in excess of twenty-nine percent (29;0) shall b~ m~de duri~ig the
year 1973, unless the total amount of the note is paid, anci no paynents,
other than the amount due on that date, may be macic after July 1G, 1975,
until after January 2, 197G. The S~curi~y for ttiis note is the lar~d
described in the mortgage, to which a copy of this note is attached,
and the owners and holders of the note for themselves, heirs, and ~:ssigns,
agree that in the event of default aizci foreclo~ure no deficiency judgment
shall be claimed against the maker of thc note.
SETT;~ & ASSOCIATES, INC.
~ ~~z~s . .
~¦,r By• ~ SEAL)
State documentary
- stamps attached to original
~ note and cancelled)
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