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'r'RO,tiilS~ORY s~IOTE
- `0e~. ~ Fiorida October 22 ~ ~9-75
=,:7 'lr~LUE ~ cCEiU~t? the urtdersigned, ;ointly and severaNy, promise to PAY TO THE ORDER OF
GOi.DI~ SAX ~ • ~
~,r~r,c~~ai sum of _FO:tT'.f-SEVEiV THOUSAND ($47.000.00) DOLL~IRS
;`~;~{~:{:{;{:.~iXYX~4YX~Ctogether with the intsrest tnereon from date
_-~;a r~Le efi 9~ percent per annum until maturity~ aii payable in tawfu( money of the United Stat~s of America,
~~~=~~a~s= Interest only on the unpaid balance shall be payable on the first day
m.o~th, co:nmer~cing Novemr~er l, 1975, and including December l, ].975.
Cc~niencing January 1, 1976, tnere shall be due and payable the sum of
9; c,;nich sai3 sum shall include przncipaZ arzd interes t, and a like
s`:~~~i be due and payable on the firs~ day of every month thereafter
c t? ~ 1 in full .
~:is :~ot~ may be prepai3 in cahole or in part- at any ti?1e after January 1,
~=~7~ ~i~nout penalty, but may not be prepaid in any ~r.anner prior to that time.
~ •~nis rlote is secured by a Purchase Money .i+iortgage, the terms of which are
i i:~cZuded herein by reference.
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11 ; ayments st~ati apply first to acuued interest, and the remairtder, i~ arry. to reduction of principat. If arry installment of principai d
.~>>rest is not paid when due, or upon any default in the performance of any of the covenants or agreements of this note, or of a~y
..,~rument now o~ bereafter evidencing or securing this note or the obtigation ropresented hereby, the whoie indebtedness (inctudirtg
~ncieai and interest) re~rraining unpaid, shall, at tha option ot the hofder, become immediatety due. payable and coitec,+ble, a~d whife in
~~~ae,ii, this note and deferred interest snall bear interest at the rate of g~ percent per annum.
~,ch maker and endo~ser severally waives demand, protest and notice of maturity, noo-payment or protest and a1P requirements neces-
•;:ry to ~ofd aaci? of i!?em liable as makers and ertdorsers. Each makar and endorser turtt~e~ agrees, jointty artd severa{y. fo pay all
c:sts,of coti2c:ion, inctuding reasonable attorney fees i~ case the principal of this note or any payment on the principa! or any interest
;.~er~on :s ; ot pa~d at the respective maturity thereof, or in case it becomes necessary to protect tf~e security hereof, whether suit be
:,rou:~ht O~ nat
'~ayabie at 1
_.._;Seal)
ar such other place as shatl be designated by the t~oJder
of tlnis rwts in wriGng, -
f ,K~ A.~. ~ R 245 ~~~~24fi2
600K
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