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• FRO`tIS:.•JFtY NOTE ~ ~ i~ ~
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; 20,000.00 , ~ Y~ro 6ea~ch, , FI.ORIDA ~
. October 29, 1974 , 197~1 ;
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Cl aude Douthi t ~ haicef.n-
tpj V~t~ua ic.~~i~~t.~.i
-°ter DeD~or, ro~:ises to pay to IILUE GOOS~ GROt~TEItS• INC., herein- ~
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sfter Lender, at 3~3 ~ast Commonw~alth Avenu~, Ful3.erton, Ga~ifornia
92632, the principal. sum ~of Tti~'2rt v Thn ~sand Mllar,~,,,~,~p~i,j,Opf------------
Dollars 20,000.00 )with interest accrued thereon. Interest shall
bz accrued nionthly and shall be computed at the prime rate plus one
~ercent beinq charqe~i by the Bank of America, San Francisco Aeadquarte~C
~ranch, on the last ~~~orking day o=:,c~~~~ i~ra~`3+nq nx~nt~; ~r~vi~~a:
ho~~ever, that such rate-of-interest shall not exceed the laWful
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maximum rate perr.~itted under the qeneral usury laws of the State ~
oF Flor~da " . ` ~ _
. Prepayr.ient in part or in whole~ of the principal swa and ~
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.accrued interes~ may be made at any time by Debtor without penalty;
provided, however, that the principal sum or any~part thereof and any~-
r• interest accrued thereon ~,~hich remains outstandinq on June 30, 1975
shall become immediately due and p~yable without notice. ' -
; If any portion~of this Note is not paid in full when due,
k or a proceedinq in bankruptcy, receivership,.or i.nsolvency is insti-
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tuted by or aqainst'the undersiqned, or the undersigned shall ma1c~
an assigna~ent f.or the ~benefit of creditors, the entire amount of this
:tote, including-any interest accrued shall become due and payable
` at the election of the holder hereof without notice. The payment
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~ and acce~tar.ce o~ any sum or sums at any time on account of this
::ote shall. not be a kaiver of such right of election. '
If this ::ote is_not paid when due and this Note is placed
by tY~e holder hereof :aith an attorney for collection through legal
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r.roceediac;s or otherwise, the undersignecl shall pay a reasonable
attorney's f.ee to ~uch holder, together with the costs and reasonable.
~•~-~,enses a` collection. '
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^ . ? 800K~,~ PAfE
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