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HomeMy WebLinkAbout0682 PRI~M ISSORY NOTB . . _ _ _ Palm t3each, r'lorida $10,000.00 November 23 1977 FOR VALUE.RECEIVED the undersir»ed jointly and severally ~~iomises to pay to Lhe order of I~7LLIAM A. tdILLER the ~rincipal sum of T1:N THOUSAND DOi,LARS ($10,000.00) tog~ther with interest t h~~rc•on fiom d~te ~~t the rate ~f Tcn ;~e~-cent-tnn per annum (10$) s i~nt-it :naturity, said int~~rest bcing payah]e ~nonChly on the first t3ay of each and every month Uoth ~~ri ncip~~l ~~nd interest being ' r~iyable in tawful money of the United States at 105 Beverly Road, ~ Z•Zest Palm Beach, Florida 33405 or at such other place as the holder hereof may designate in writing. Principal and interest payable in installments of ONE NUNDRED THIRTY TWO and 16/100 1 ' DOLLARS ($132.16) each on the first day of each and every morith beginning on the first day of Janua~r , 19.78, and continuing ~ until said principal and interest have been ~~aid. Each install- ment payment shall be credited first on the interest then aue; and the remainder on principal; and interest shall ther~t~pon cease upon Lhe principal so credited. E~~ch ina~:er and e~~c3orser s~~sTerally ~•~aives c~e~t~~ind, nro- lest and nolice of mat~ri.ty, non -;~ayr,ent or protest and all ' requir`;~enL-s necessary L-o ho)d each of them l iable ~is r*~akers ~nd endorsers. Each maker and endurser furth~r ~c~r~cs, jointly and sev- , e~-a l ly, to pay ~11 costs of col l~-cl- i_ on , i i-~cl t~d.i ~zg a r~,~~.son~~bl e . attorney's fee in case the princi~al of th.is not-e or ~~ny pay- ment on the principal or any interest thereon is not r~aid at ~ the respective maturity thereof, or i.n case i_t Leccmes neces- ~ sary to protcct the secur. it-y hereof, ~-:hether suit be Lr,»g}~t = or not. This note and dcferred intcrest payrr,ents shall bear ~ interest at the rate of Ten percent.um ner annum (10$) from :naturity ~~ntil paid. ~ i ~ This note is secured by a second mortgage of even date ~ here~aith and is to be construed and enforc~d according to the ~ ] ac,rs of the State of Florida; upon default in tl~e payn~ent of ; principal and/or interest when due, the whole sum of principal ~ ~ and interest remaining unpaid shall, at the aption of the holder, ~ ; become immediately due and payable. ~ ~ . ~ JAKE'S L PY ? ~ . - - - - J-:~ ~~cA':D , a, r es i dent ~ ~ ' - - - ~ .IC.t~r~ ~,.^:nui:w, T nd i v i~?ua l ly ' ~ ~ f I~EO AN~ RECQit0E0 ~ ~ - - - - - ~ FU. 1, - - St. lUC1E COUMTY ,::F t2 i~ I: i,' E. ~;r~ i" i, I A ~ T FtOCER POITA~S ~ ClE4K C'RGUIT COUR~ ~ „ f~ ~i '.if1E~1 ~il~C " 3 nl 1 ~tARGARE . MCANDREW _ ~ DEC 5 t ~ ;~~36558 ~ ~ . ~ ~ ~ ~ ~ ~ ~ ~ : ~