HomeMy WebLinkAbout0938 North Yalm Beacli, Flo~~do- Dcc~aber 2U, ~9 78
S 760,000.00
FIRST AMERICAN BANK
FOR v~IUE RECEivED, the undersi9ned, ;o~~~ir o~d :e~erouy, promiie lo pay lo the order o1 OF NORTH PALM BEACH
o co?porofion orqo~i:ed ond existiny under the lowi of the State of Florida w~M ~ti principal ploce of business in
Palm Beach County Seven Hundred Sixt Thousand and no/100
. Me p~incipal ~um of - Y
----------------------------------------($760,000.00)------------------------------
Dollors,
foqether wi~h i~teres~ rhe~eon f.om do~e at the ~ote of ~ 3 pe? centum per o~+num until molurity, both principol and '+nte?est
be~~g poyoble ot the ofFrce of 401 Northlake Boulevard, North Palm Beach Flor~da, ot the do~es ond ~n ~he
omounts o~d monner os folbws: • -
Interest only payments are due and payable month2y on the outstanding principal balance,
with the first monthly payment being due and payable on January 20, 1979 and M•ith subse-
quent monthly payments being due and payable on the same day each and every month thereafter.
EXCEPT all outstanding principal and accrued interest shal.l be due and payable December
20, 1980. ~
THE TERMS AND CONDITIONS OF THAT LOAN AGREEMENT BETWEEN THE UNDERSIGNED AND FIRST ~RICAN
BANK OF NORTH PALM BEACH $EARING EVEN DATE ARE INCORPORATED HE1tEIN BY REFERENCE AND A
BREACH OR DEFAULT OF ANY OF THE TERMS AND CONDITIONS OF THAT AGREEMENT SHALL CONSTITUTE ~
A DEFAULT OF THIS NOTE.
All such sums of money so paid sholl be credited by the poyee, first to the interest on this note o~d the bolonce to reduction of the
pri~cipal he~eof. ~g~ 7p~~~j~j~~xID~X~lC~4~7~(~~y~f~;
~C]I~CRRlI~X~R]~l~NclflQ~!!~[~!%~c'~I[R]CJlKX~4fOtxlSbVH~C~~t~C~l~pD~7Q]L?~iRk~1CfOC~7l0iKfII~dX• -
If ony payment of pr~~c~po1 0~ interest herebr reqv~red is overdue for more ttion fifteen {1S1 doys, the holder of thi: note
moy, at its optipn, ond wifFw~t nofice, detlare the enlire bolance of principol fhen remoini~g vnpaid to be immediotely d~e ond
poyabte, and any failure to exercise soid option shotl not tanstitute o woiver pf fhe ?ight fo exercise the some at ony ofher time.
Upon defoult in making ony poymenf he?eby required, each moker ond endorser, jointly ond seve?olly, p~omise to poy oll costs,
eapenses, including ottorney's fees, inc~rred in tollecting fhis note by Itpal proceedi~gs or through an oftorneY•
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Eoch maker ond endorse~ wo+ves demond, protest, ond notite oi moturity, non.poyment, or protest, and oll ui~ements
netessary to hold eoch of them I;oble as mokers or endorsers.
This ~ote is secured by a mortgage o~ real estote ~n St. Lucie Canty, fl ~ . .
Note No. ~5~)
. J. N
Address: (5~~
1?_18 South llth Street ~ ~
, (SEAt)
ost ice ox SOPHIE S. TZIMENATOS
Fort Pierce, Fla. 33450 -
{ SEAt)
: ..~-606-1M
BOG!c3o1 t'?,~E 938 ~ a~~o ~AGt ~5 r ~
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