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Pri~cipal .lmount: yE,OOO.oo Date of Note: 1„~y 23~ ~g~8
Maturity Date: J~e 4 1993 . ~
Interest Rate: ~ ~LL L~er annum ~
Amortization Period: From the day hereof to Maturity Date.
lnstalment Payment: .
, •~~.v~-, . ~r
First instalment Payme~t Date: Jul,y 4~ 1978 -
The_ Payee: sun }~an;c of s~. Lucie ~o-
~ 111 Orange Ave., Ft. Fierce, F'2~. ~
Address: 3345c~ ~
FOR VALUE RE~EIVED, the undersigned and if more than one, jointly -
and severaliy (th~Maker), does hereby covenant and promise to pay to the
order of the Payee, or to its successors or assigns, at its principal office, or
at such other place as the Payee may designate to the Maker i~ writing from
time ta time, in legal tender of the United States, the Principal Amount to-
gether with interest at the interest Rate on the unpaid balance of the Principal ~
Amount.
i The sums due and owing hereunder shalf be payable during the
~ Amortization Period in equal monthly instalments, each in the amount of the
~ Instalment Payment, the.first such Instaiment Payment to be made on the First
Instalment Payment Date and subsequent Instalme~t Paymenis on the ~
of each month thereafter until the Maturity Date whereupon the entire unpaid -
balar~ce of principal and interest accrued and unpaid thereon shall become due
and payable; each such instalment when paid shall be applied first to the pay-
ment of interest on the unpaid balance at the~lnterest Rate and the remainder
there~f to payment on account of principal .
. If any Inslalment Payment shall not be paid when due, then the entire
principal sum and accrued interest hereunder .shall become due and payable ~
at~once or thereafter, at the option of t#x holder of _this Note. The Payee may,
at its option, collect a late charge not to exceed two cents for escf~ one dollar"
of each Instalment Payment not paid when due to reimburse the Payee for
expenses of servicing delinquent Instalment Payments. Failure to exercise
these options shall not constitute a waiver of ttx rlght to exercise the same
in the event of any subseque~t default. .
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~ It is further agreed that ttk Maker and each endorser, surety, gusr-
~ antor, jointly and severally, shall pay all costs of co{lection of this Note,
including a reasonable attorney's fee, including all costs, expenses and
~ attorney's fees for any ~etria{, rehearing or sppeals, on failure to pey any
Instalment Payment or any accrued interest due hereunder on the due date
thereof. This Note and all sums due hereunder shall bear interest at the
highest lawful rate of interest per annum i~ the State of Florids from the date
- when the principai and accrued interest under this Note shati be due and
payable. The total interest payable hereunder shall not in any one year •
exceed the highest lawful rate of inlerest in the State of Florida. ~
- ~ aaoK 288 P~~ ?0'T
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