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ST.IUCIE COUNTI FIA.
RCCER POITRAS
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1 MAY 18 1! ss AN'11
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R-610•0 iNTANC~IBI.I~ PI:R:~01vAi• PHn~'i'~TY RECF•IPT
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E ISSUED BY THE CLERK OF TNE CIRCUIT COURT OR COl1NTY~ G~ ~~~BSEQVENT TO D~ E BER 31N 194~1.T~ •
TO B
pEED OF TRU8T OR OTHER UENS UPON REAL PROPERN , 197~
STATE OF FLOR~D~?. ~COUN71f OF • .
Obligee
~is FoRN s[ooM[s w RE IPT ONI.Y v a
J WFIEN VALIDATED sY RCC K~~GCM~~MU'~ f J
Q ~ OR lIGNW OY TME C~-~ AMOUNT PAID
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TA7[ ][L18T BS PAID TO L~ RBCORD. ~
- pRS('RIBBD INSTRLIS[KNT ~
8
SE8 CIIAPTB.R 199. FIARIDA STAT[7TS •
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PROMISSORY NOTE
~ 19, 000. 00 ~ Florid9 - MAY _ 3_, 19_Z/L
i i FOR VALUE RECENED the undersigned. jointly and severaliy, promise to PAY TO THE ORDER OF
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~ ` OWEN E. PHILLIPS and HARRIET PHII.I.~~
Nineteen Thousand and No/100ths----------------- -
~ The principal sum of date
19, 000. 00 ) together with the interest thereon from
at the rate of 8 1/2 percent per a~num until maturity, all payable in lawful money of the United States of America,
as follows:
In equal monthly installments of S235.58 per month for a total of 120 monthly payments with
the ftrst of aaid payments due and payable one moath from the date hereof and on the
same date of each and every month thereafter until paid in full. This note may be prepaid
in whole or in part without peaalty.
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~ q~~ H arry to reduction of principal. ff any installment of principal or ,
~ payments shall appy first to accrued interest, and the remainder. ,
i~terest is not paid when due. or upon any default in the performance of any of the covenants or agreements of this note, or of any ~
~ instrument now or hereafter evidencing or securing this note or the obligation represented hereby, the whole indebtedness (including l
~ principal and interest) remaining unpaid, shall, at the option of the holder, become immediatery due, payable and collectible, and vrbile in ~
aetauft, this note and deterred interest shall bear interest at the rate of 8-1~2 percent per annum. E
~ Each maker and endorser severally waives demand. protest and rwtice of maturity. no~-payment w protest and all requirements neces- ,
sary to hold each of them liable as maken and endorsers. Each maker and endorser further agrees, jointly and severally, to pay all
costs of collection, including reaso~able attomey tees in case the principal of this note or any payment on the principal or any interest !
thereon is not paid at the respective matusity thereof. or in case it becornes necessary to protect tbe security hereot, whett?er wit be
brought or not • ~
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BOOK ~ p~ ~
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Payable at 104 ~Qle N st ~ne (SeaQ
Stuart, Florida 33494 e n
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or s~cn ou,er aaoe as snau be des~g~ated ny tns nower Loia C. Bc~own I
of this ~ote in writing.
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