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~rou~dcd {~lways~ t~inf i~ ~ai~I n~orl~~u~~ur c~~~i~( pny ur~lo sui<~ n~orf~~ay~~~• I~u• ~'i~rfairt promis-
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~ cury nulr ~~c~r~~inajfrr su~~sfur~lia~~y i'opiiv~ or i~~er~li~ii~~~. lu-u•if:
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~ a 190, 000.00 Fort Lauderdale, Fla., Deeember 29, 19 77
; the underalqned
o FOR VALUE RECEIVED, promises to pay to the order of
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~ FLORIDA IAND ~ MINERAL3 CORPORATION, a Delaware corporatton,
+ a ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~
One hundred ntnety thouaand and no/100
o ac 80 N.E. 4th Avsnue, Delray Beach, Florlda DOLLARS
i; ; witli interest from date at the rate of flv9 ( 5`~ ) per cent per annum until paid, payable in
f E 3 the following manner and on or before the following dates:
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` ~ ` ON DEMAND
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= Interest shall be due and peyable ln accacdance wlth aqreemeni in wtitlnq
~ } ~ betwean the pactles.
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v~, ~ KON', should it becor.~e n~~essan• to collcct thie note through an attomsy, either of us. ..h~th~r maker, surcty, er endoner on this note, hereby apees
K o to p~y d1 eosts of sueh collrction, ~ndudin~ rtawnable attomc~'s fee. The dra..rn ~nd rnd.:rs+as er~rrally w~:.a pttsentmrnt fot paymrnt, protest,
~ ~ rnd noCce of Prote~t Eor non-p~ymrnt of this not~.
~i 4 Y I\T THE EVE~T anp P~>~ncat of ~nterest or principal be not paid ~itbin ten ~ 10 ) days a(ter the same Uecomes dut, the holder of
~ m this note may, at hi~ option, declue the whole pnncipal sum herco( to be immed~atr]}- du~ and pa>able.
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a Address: ~ JUPITER HILIS BFACH CORPORATION (Seal)
~ ' ~ Atte~t: . ~
~ ~ By= (Seal)
~ ~ Secreta Vice presldent
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~ aooK280 ~ACE 303
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