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~ ~ CIERK ~~UIT COURT ~ ~~;~t•j t:~•t 1~
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S1E4.200.00 Stuzrt. Flori3a,
For va~ue recei~el. I. Ne, or either of u~ jointly and
~ , sev~~rally pro.nise to p~} in 13w:ui money of the UnitcJ States of
~ }1.~eric~ to the order of FI::ST l:ATIOI~AL Lk1tvl: AND TRUST COPlPA.ti'Y OF
STUART at its office in this city the principal S~ k~~he~ruwith~
~ Eighty Four Tltousand 'I~ro t?ttadred and 2:0/100 Doll~rs
interc~t f:o~? date at the rate of se~~en a.^.d on~-halE (7-~) per
~/i ~ centum oer anm~m on the uc~pz:d balance until p~id, said principal
' ~ e~ an~' ~nterest to :~e payable as follows: The principal shall be paY-
~ble in fiva (5) e~~ia?. an~'~=2 ir.stallnentsof Thir~y Six T:tousand
Eight lIundred Forty ($36,5{0.0~) Dollars each beginning two (2)
`G~ years a°te: the datc hereo° ar.d annually Lhereafter until paid in
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1k a~; full. Interest on the outstanding balances of the principal shal
R~ b~ payable seni-~nnually beginning six (6) months after the date
~ ~F hereof and each six (6) months thereafter until the principal s
a ~ °
~ x fully paid. The entire balance of principal and interest then"
unpaid shall beco7ne due and payable on April 24, 1978. Each pay-
~
' ment is to be applied first to interest and the balance to principa .
In case said installments, or any of them, are not paid within fifteen
~ (15) days after the same become due. the whole of said principal and
,,,~'zi interest sum shall forthwith bscone due and payable at the option
of the holder of this note.
We, the makers, sure~ies, endorsers and guarantors of this n
note, hereby severally waiva presentr.~ent for payment, notice of non-
- payment, protest and notice oi protest, and diligence of bringing
- suit against any party thereto, and consent that time of payment
may be extended without notice tnereof to an}• of the sureties of
this note. .
Now, should it be n~cessary to collect this note through
an attorney, each of us, whetn~r maker, surety or endorser on this
note, hereby agree to pay all costs of said collection, including a
reasonable attorney's fee.
• Said `~ank is herebv e~:pressly authorized to retain any
general or special deposit, colZateral, real or personal security,
. or the proceeds thereof, belong~ng to either of us, now or hereafter
in the possession of it durinq the time this note reneains unpaid,
and before or after maturitv nereof may apply the sam~ to this or
any other debt or liabilities o~ either,6f us to said bank, due or
i to become due. Given under the hand arici.seal,~of-~each /arty.
i + - •r,
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~ L"airie A. Rinker
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~Q ~ G j~ ~..LL ' ( SEAL )
- ~ ~I.?')-'y~ -
o_, tn amela C. Rinker
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_ 338 FACC-~-~~-
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