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. ' PROMISSORY NO?E ~
4~S, 000.00 Fbrida ~Y . 19 77 f
~ , '
~ FOR VALUE RECEIVED the undersigned, joiMfy snd s8verally, promise fio PAY TO THE ORDER OF
F~IE !
~ The principal sum af 1RV8 ~ and ~ QO
(i 95,OOO.QO ) togett~ with the interest thereon from Y •
s'~f~I,~~., ~?.6so.8~~a~s::i~`~nq~a~"'~t~'~: "~t ~i°~~' ~ea~r
' for lZ w aantl~ ~?vgost 22, 197S aod ~d~s~q vith t!a p~s~t
of ~»1]t 22.1979 0! int~s-at aa~y in~ _t!w au~o~mt of $554.17:
on or b~eior~ Jul Z 19i0 tb~ sus ot 31,666.67 as po~iaci. , pln-s yras's~=
~.nter~at Q! , ~p .Ob, ~ a toLal o! 38.3L6.6T oa~ ~r bsfo~
s~t~v~l2ol1981
s !~~66.6~ lmt 1 s ia~+~reat of ~4,433.33.
the ~s o ~ , P ~r
' $ 36 ,100 . ~0 • asrd oa or b~lOrs Jtsly 22 • 29~t t!N st~¦r O! ; 31.666 .69 plvr 1 rrar' s
interest ot ;2216.66, ~ar a totsl o! ;33.883.33.
THIS ~i0?8 MAY lf0'P BS FRBPAID I~i ~OLS OR IDT PART D~ THB ('AL~iDiAR YSAR
OP -1977, B~ ~~~T~ ~~PAZD IN WHOLB OR I8 PAI~P ~I'3`~OiTr
P~1ItrY. ~ -
Ali poy~tNnb shsM appy fkst m aocrued InLe?est. and tht remainder. ff arry. t~ roductlon d principal. H any instatlment d prtndpal or
lrtte~t is not psid when due, ar upon any defauit in tfie perforrnanos of any of the co~venants o? agreements of this note, or d any
instrwtNnt naw w hareafter eridencing or securing this note or the obligatbn represented hereby. tha vrhole lndebtedness (including
principN snd intsr~ssq remaiNng unpaid, st~all, at tM optlon d tfie hoider, bscoms im wtey due, Payable snd odlectible, and vrhile in
defsult. thb nob~ and defen~sd f~ shaq bear inLerast at the rate of t'~ ~1 ~ pe~cent per annum.
Each maker sr~d endorssr sevenllr wsivss damand, protest and notioe ot mstu~l. non-payme~ or probest and all requirements nete~
ssry to hold eacf~ o~ tbem lisble ss makers and endorsers. Each maker and endorser turther agrees. jointty and severaUy.~ to pay all
. cosls d ooliettion. induding reasa~sbie stborne~? fees in csse the p~ncipal of this note or anY PaYmeM_ on the pri~cipal or arry interest
tMroon is not psid at the respectiv~s mstwiQr thereof. or in case It becomes necxssary Lo protad th~ security hereof. whetl~sr suit bs
brou~t or not
~ ~ .~t+0~ ~d .
~ ~ . . • . - ?
[a~..n
or sucb atiwr pl~a as shall bs designated b~? ths holder -
~ ~ a~ 272 457 ~