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HomeMy WebLinkAbout1145 • a 1 ~ ~ j f ~ = P R O M I S S O R Y N O T E ~ 18,500.00 , Florida July 22, , 1980 FOR VALUE RECEIVED, tl~e undersil;ned We , (jointly and severally if more .than one) promise Lo pay to L-he order of RAYMOND B. VAN MEERTEN . at 117 North 13th Street Fort Pierce, Florida 33450 the principal sum Of ~ Eighteen Thousand Five Hundred and No/100 DOLLARS, together with interest thereon from _ , at the rate of twelve percent per annum until paid . `j f Payable as follows: I ~ - Equal monthly installments of $ 190.30, beginning Augustl, 1980 until July 1, 2010 or sooner, at which time the entire remaining principal amount, together with interest remaining due thereon, is due and payable. - THE Ot~iNER AND BOLDER IiEREOF .AGREES TO 1dAKE PAYMENTS OF PRINCIPAL AND INTEREST FROM TIME TO TIME AS T}iEY BECOME DUE ON THE FOLLOWING DESCRIBED MORTGAGE: Dated September 11, 1975 filed September 12, 1975 from James Wayne Ruth and Cathe Sue Ruth, his wife to The Lomas and Nettleton Company recorded in Official Records Book 243, page 2124 Public Records of St. Lucie County, Florida. BUT ONLY IN ACCORDANCE WITH THE TERMS AND PROVISIONS OF THE MORTGAGE SECURING T1iIS NOTE. The makers and endorsers of this note further agree to waive demand ~ and notice of non-payment and protest; and in case suit shall be brought for the collection hereof, or the same has to be collected upon demand of-an attorney, to pay reasonable attorney's fees for ~ making such collection; and agree that in the event of default in . the payment of any indebtedness due hereunder for a period of thirty days the whole of said indebtedness shall thereupon, at the option of _ the holder of this note, become immediately due and payable. ~ 4g3'~'48 23 1W 1~ 1 ~ 1980 Jet. F tE ~ ~A. - s~gPW7 p.ERK COIGIIT - :McTIGHE RECORD VERIfiEO r 800 e~~ PAGE~~ i