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HomeMy WebLinkAbout0614 . • ~ PROMISSORY NOTE . , S 4 5, 6 0 0. 0 0 vero Beach. Florid• Ma v 1. l9 7 Q As hueinafter set out, l, we or elther o[ us promise to pay to the order ot FLORIDA F1RST NATIONAL BANK AT VERO BEACH. FORTY-FIVE TH~LISAND ,STx HiiNnRFI~ ANn N~f 100 DOLLARS for value ~aeived. at 1001 - 20th Plece. Vero Beach. Florida 32960. or u.such other plsce u may be dirated by the holder hercof, with interat from. da -e ~t the rate ot 9-3/4 ~«nt per annum unti! paid~ iotercst payabk u statod below. - Md ach o! ut whethet maku. ~wrantor or rndorser. hereby severaAy waiva and renounces any and all homatead cxemption ri~hts we may have under tbe Constitution or Lavin of the Sute ot Florida. or any other State, or Unltod Stata. as against this note; and ach further waiva demand~ ~otia of non-paymrnt and protest, and ia the everit it becoma neoasary to collecl this note through an :ttorney. agrea to pay all coats o! collection. includias reasonabk attoraey': ta.. Thia note is secured by a real ~state mortgage. dated MarCh 2~. 1979 , aad is subjoct to the tenas and oonditioiu thercin coatained. lf defauh is made in payment when due, thea at the optioa of the holder, aad without my other notice, aU remaiaing balance shall be due and payabk at ona. Payable as follows: The sum of $406.37 shall be due and payable on the lst day of June , 1979, and the sum of $~l06.-37 shall be due ~ and payable on t e lst= day o~ each month thereafter until the entire amount of principal and interest due hereunder shall have been paid in• . full~. Payments shall be applied first to interest then outstanding and next to reduction of principal. ~ The borrower shall have the right to prepay the entire balance outstanding under this note at any time and at the borrower's option without penalty. ; f ~ i t . € I k ~ - ~ ^ ~ / ~ I ~ r /J z/-E,c..~1/ , ` ~ (SEAL) ~ obert P. Ives ~ ~ (SEAL) ~ Juanez Dr. Ives ~ - ~ ~ ~ ~ . ; ~ - ~ . a ~ ~ ~ ; . . ~ Y ~ , . ! ~ • ~ ~ ~ ~ ' 3 . t 4 • y ~ ~ ~ • i ~ ~I i ~ ~.~:s. ~ ~ ~ - - - - - - - - _ _ _ - rf r ~ ~'w q~ ~a'.c}.~r s~ t ~ .r~,F _ ~'.x:i,_ _ e~~ . .