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' ~ lE0 AND RECOkUEO
' S~. `UCIE COUNT~ F~A
AOGER POITqAS
CtRCUiT COURT
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~ OEC 1l 10 si AH'~7
Exhibit " " 3~s01
- MORTGAGE NOTE ~
1 275,0~0.4U Oecember 23 , 19 77
For value received, the undersigned, jointly and severally, promise to Fay to the order
of AMERICAN BANK OF MARTIN COUNTY at its banking house in Martin County, Florida. in lawful
money of the Unlted States of America, the princlpal sum of ------Two Hundred Sevent Five
Thou~and and 00/100-----------------------------~- Dollars. toget er N th nterest a ter date
at the rate o ten per centum per annum on t e unpaid balance until paid, and after maturity
at the highest legat rate until paid, said principal and interest to be payable as follows:
Interest shall be paid quarterly on the 23rd day of March, June, September and December,
1978. The principal shall become due on December 23, 1978, if not sooner paid.
in case any payment is not paid within ten days after the sart~e becomes due, the enti:p _
~u~~?~id balance, plus accrued interest, shall forthwit.h become due and payable.~ a~ the aptiun
of the holder of this note. ~
The makers, sureties, endursers and guarantors of this note, hereby severally waive
~?~-esentment for payment. notice of non-payment, protest and notice of protest, and diligencc
~~f brinc~ing suit against any party hereto, and consent that tlme of payment may t,e extended
~•~ithout notice thereof to any of the sureties of this note..
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''i Shuuld it become necessary to collect this note through an attorney. each uf us. whether
~ n+aker, surety or endorser. hereby agree to pay all costs of said coliection, including reason-
~ able attorneys' fees and costs of appeal, whether suit be brought or not.
~ The holder hereof is hereby expressly authorized to retain any general or sFecial deposit,
~ c.ollateral, real or personal security, or the proceeds thereof, belonging to any of us, now or
€ i~creafter in the possession of the holder during the time this note remains unpaid. and before
~ ur• after nwturity hereof may apply the same tc this note or any other debt or liabilities of
.~ny of us to holder, due or to become due.
FOUR T GROVES, INC.
AJ~~•ess: P. 0. Box 2146 BY=D, Tzimenatos s (SEAL)
- D.~. nmenatos, res~ ent
Fort Pierce, Fl. 33450 Sophie Tzimenatos /s/ _(SEAL)
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