HomeMy WebLinkAbout1343 :.~:0^TG~.~? \O i ~
Amount ot tltie Note: 523 ~ 000. ~0 Date ot Note: February 28 ~ 1974
~t,~ur~~y Da~o: 1`en Years • -
interest Rate: 8~~
jntc~eat Period: From the da:o hereot thmugh
Amorlization Pcriod: From the day s~ttcc the Interest Pariod to the Maturity Date.
I~stalment Paymenl: $ 2~ 5. 18
P'irat In.taimcnt Payment Date: APrll 1~ 1974 ~
rOR VA1.UI: REC~IV..D. t:~e u,:~e:si~ncd and it morc th~n one. joi~~t~v ~nd severa;:y (thc ~iaker), does hercby
ruvcmanl :,nil proniisc to ~~ay to tne o:clcr of SUi 3ank Oi $t. LliC12 County
or io ils succcssors or:~ssi;;ns (coi~cctivcly ihc csrycc). at its p:in.i~»I o:iir.~ at iil Orange AVC:,LI@~
C 01 t Pl~;"C@, I'Zdor .~t sucii othc: placa; as th~ Paycc may dcsi~naic to tF:c :v::~::cr in wri:ing from time to Iimc,
iu te~al t~nd~•r oi ti-~e Uaiti~ci S:a:.^s, t:-,.. Amount of the \ote or so much tha:-eo: as i~~ay be advanced Ithe Princiz~al
~~I)lOilili~ f~)' f~~C t~lyl'C ~~U:~U.1Ili l0 .1 COI1StiliCtlOi1 10:1D :Ii;:CCfi'iCll: O! ~U."1O COOITlIl1Y.~Ilt, UCI~YCCiI ~}1C ~takcr and 1~1C
. Pay~e, to~;ether ~~•it;~ interrst at t:ie inte:cst Ratc on ihe uapaid lx.iance ot the Princii>al Amounl.
lluring il~e in:crest i'cr:ai interest from t:~c d:.te of each advance, at the int.•:est RZte, stiall be p:?y~bie monthly on
tiic Grst cL•?y o: ti~c moain :o~iowin~ t:~a :nonih :n which :}:c first advancc is madc a~c; on ti~e [irst day oi cach mon:h
il~~rc~fter, dur~ng :he Amo.:ization i'ccio:l cqual :nonthiy in:,talmcnts. eac5 in ihe an:ount of tie Instalment Payment.
ti~e f~rst such 1nst:.imcnt ?a>•inent to ae macie on tae I'irst Instalmen. F'ayment Date anci suhse ,uent Instalment Pay-
u~ents on f}iC ~ti9~ (l:ly OI C:1C.1 month thema:ier until the ~4aturi:y Da:e w:~ereujion the entire unpaid baiance of princi{~al
and interest accru~d and ur.;~aid themon snali become due and payaule: each sach ir.staiment when paid shall be appiied
iirst to thc , a~•mc~~t of intcres: on tl~c un~aid balance at thc :ntcrast F2ate and ine remaindar thcreoi to payment on
account of princip:tii. ~
if intcrest or any ;mt:~in~~~n: P.:y:nrnt shall noc l~e i?~id «~i~en duc, ihcr. ::ie cntirc pr:n:ipai sum ~iid accrucd intere~t
iu•rewuicr sa:~ii bc.-o.~c ~iuc :;r.~{ pay:~i,le at onr. or t:~crc:~itc:, at .i~e op:ion o: tlzc ~.o:cier o: .his ~ole. The i ayee
may, at iis option, co::rct a 1.+:~ cha:,;~• not to ex..~.~d :~vo cenLs ;or .~ach o: ~ ~:o.~ar oi car:~ Insta~aient P~yment not paii.
k'11Ci1 (lUC iJ ia'I771i~:1i5C I~~C P:i~'Cl' iOT l'\i~CA~C$ O~ SCNIC:RF', (ii~~ilCjUt11~ Ti:~~:110lCIlL i ily(11Cilt$_ 1'Si13UlQ t0 CXCtCI$@ these
op~ions ~hai1 not constitute a...~:ver o: inc ri~ht io exercise the samc in t}:c evc:i: o: any subsequent c;c:auit.
it is furt}~rr recd tiiat t:~e \faker each ~:x:or~cr, svre.y. g:~:~r:inio:. jnir.t:y anci severaliy, shali pay all costs of
~uiieclion of ini~ ~ote, inriuci:n,; a ro:.,~~nai~:e a::o:aey's iee, on Iaiiure to p:~y any Ins.iilrneat Yayment or rny accruc:l
iut~cest ciue hercuncicr o~ ::~c dua oatc iher~oi. : Lis ~ote and ali s:ir.:s duc :~c:eu:.der s:.a:1 bcar interest at the hiFhr~t
f:i\Y{U~ T.ItC Ol Iilll•i'CSt ~)CT all:lliili 171 tiiC St:1tC Oi : iorida from ZiIC C~1L@ W.1Cil tGl@ 7CIlCtj):i~ and accr?ied interest under
~ ti;is Nnte sh:ui i~c ciue and pa>~ai~lc. Tne iotal int.:r~st pay~ble her.:under shali not in any one year exceed the hiShest
~ i:iwful rate oi interest in tne S:~~e oi Florida.
~ This \ote is ~ecurcd by \;ort~a~c, dated t:ic c:..ie iicrcof. of , ro,xrcy ci:u:~.ecl in t:~e State of Fiorida,
~
i he \;a{:cr :+••rccs ;+~a: i: ~:~ali bc iiou~d u}• urr :.rrccincr.t ex.cnciin~ ::tia tEr.ic or n~o.'.:iyins tne above terms of pay-
~ t5e ;~r~, crty a:fccicd .~y ti:.ici ~5o'i;a;,c, whet:~er with or v?ithm~t '
mcnt. mauc i~y thc Paycc an~i t:~r o~mc- oc o~vncrs o:
~ roticc to ti~~r \i:.~ccr, anc'. i:ic ~:a~er saall contir.uc ~iahie :o ;~ay :hc amou~t due he;ecnder, nut wiia interest at a rate
~ TO ~IC:IiC~ lj~:?[l 1i:C Interest Iia~C, aCCOTu1Ti$ ?0 IC.-f119 Oi any sucn~abrcement Oi OXt~i1SlO.l or modification. .
~ -
~ The un,~aid b:ilance of the Princi,~a~ Amoun:. ~lus accrued,interest shali Uecome due :?n3 ~ayable at tne option ot
~ tl;e Fa4ee uncirr t:~c :7~p;~er.:ng ot an event by w:iich said baiance shaii or may become due and'payable under the
F lcrms of ~ud ~ior:~;ase. - . .
~
w
~ Tnis \otc may noi be chaii; ed oz.:iiy, bnt only by an a~reement in writin~, si~,neo by ihe party against whom en-
~ forcenient of any waiver, Chan~;e, moci~ication or aischar~e is sought.
a Ail ii.irtics to ihis \`o:c, •~•hechcr \;a~ccr, pr:~ci~al, sorety. gua-..n.or or endor:cr, fc:eby waivc presentmcnt fnr
~ , a~-ment. ~i~~ai~nd. ~uotcst, r.nticc oi rolcs., a~u no:ice of dis'r.onor, ar.d ex~re.~siy agxc }oir.tiy aad several3y to remain
~ :~nd coniimtie i~o~;r.d :or tne p:.yn~cat of inc prinr.;~ai and intc:es: provided tot by the ter:.~s o( tr.is Notc, notwithsfanding
~ _ . .
:)tl}~ extension Oi Caic31510:~5 OI S~id i::::C 01, or for i~tie }h1y:l7Clii GI S.iiCi aT:l1C:j)al or in:arest, or any cnange or c:lO~CS
~ ltl 1~1C :.OIOU(ll Of :1i11GUA43 .1d:~Ct: :O h~: a.l:d i:71C:C.- G.- b~/ VtiZUC Oi :}7L O~:Io.~UO.I i0 pay provi~ed tor lil tI115 VOl@, O~
any chan~e ur cian~~s by ~~•ay of rc:case or sur.enr:~r o: su~~~tiiulion of .^.ny rcal property and co~luterai. or eitner, held
`'Y as security :or :nis \ote, a~:ci wa:ve :,1~ and every k:iid o: no:ice of suci-. extension or eYtenaions, change or ciiangea. and
j:~ a~rce ?hal tnc same may bc in:,da w:thout tnQ ;oinder oE ihe .Y.a~cer.
3-:; •
~ /s/ O. S. Gaskell
r:
:r;f /s/ Audrey W. Gaskell
59~3
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