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PROMISSORY NOTE
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$93,000.00 Fort Pierce, Florida December 10, 1979
FOR VALUE RECEIVED, the undersigned promises to pay to
the order of VIOLET MELINE, 2861 Leonard Drive, North Miami Beach,
Florida, 33160, the principal sum of
---Ninety Three Thousand and~no/100----------------------
-------------------------(5.93,000.00)~----------------------------
with interest at variable rates as set forth herein, from December
10, 1979 until paid, in installments as-follows:
Interest Rate: 7$
Payment ~ ~ Due Date Interest Principal Totai
1 4/10/80 $1,783.56 15,870.55. 17,654.11
2 7/10/80 _ 1,349.77 1,148.28 2,498.05
3 10/10/80 1,329.67 1,168.38 2,498.05
4 1/10/81 1,309.22 1,188.83 2,498.05
Interest Rate: 8-3/8$
5 4/10/81 1,541.50 15,956.55 17,498.05
6 8/10/81 1,207.41 1,290.64 2,498.05
7 10/10/81 1,180.39 1,317.66 2,498.05
8 1/10/82 1,152.80 1,345.25 2,498.05
Interest Rate: 9-1/2$
9 4/10/82 1,275.70 4,222.35 5,498.05
10 7/10/82 1,175.42 1,328.66 2,504.08
11 10/10/82 1,143.87 1,360.21 2,504.08
12 1/10/83 l,1I1.56 1,392.52 2,504.08
13 4/10/83 1,078.49 1,425.59 2,504.08
14 7/10/83 1,044.63 1,459.45 2,504.08
15 10/10/83 1,009.97 1,494.11 2,504.08
16 1/10/84 974.49. 1,529.59 2,504.08
17 4/10/84 938.16 1,565.92 - 2,504.08
18 7/10/84 900.97 1,603.11 2,504.08
19 10/10/84 862.89 1,641.19 2,504.08
20 1/10/85 823.92 1,680.16 2,504.08 1
21 4/10/85 784.01 1,720.07 2,504.08
22 7/10/85 743.16 1,760.92 2,504.08
23 IO/10/85 701.34 1,$02.74 2,504.08
24 1/10/86 65$.52 1,845.56 2,504.08
25 4/10/86 614.69 1,889.39 2,504.08
26 7/10/86 569.82 1,934.26 2,504.08
27 10/10/86 523.88 1,980.20 2,504.08 ~
28 1/10/87 476.85 2,027.23 2,504.08
29 4/10/87 428.70 2,075.38 2,504.08
30 7/10/87 379.41 2,124.67 2,504.08
31 10/10/87 328.95 2,175.13 2,504.08
32 1/10/88 277.29 2,226.79 2,504.08
33 4/IO/88 224.41 2,279.67 2,504.08
34 7/10/88 170.26 2,333.82 2,504.08
35 10/10/8$ 114.84 2,389.24 2,504.08
36 1/10/89 58.09 2,445.93 2,504.02
If any installment be not promptly paid within -10- days
next after same becomes due, then at the option of the holder hereof,
the full amount remaining due upon this note shall thereupon become
due and payable at once, together with all other indebtedness stipu-
lated in this note and in the mortgage given to secure the same.
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The makers and endorsers of this note further agree to
waive notice of non-payment protest and demand for payment, and in
case suit shall be brought for the collection hereof, or the same
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