HomeMy WebLinkAbout0153 •r
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- INSTALLMENT NOTE -
$ 282,625.00 Fort Pierce, Florida -
- September 19 ~ 1980
For value received we; jointly and severally, as principal promise to pay-
without defalcation to the order of FRANCES K. HARCUS
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at the office of '.Ben L. Bryan, Jr., Esq., P. O. Box 3230, Ft. Pierce,-FL
3 3 4 5 4 , the sum o f T~ Ht~ EI(~~[-'Iw0 SiX Iit~IDI~D Z~TI'Y-FIVE and no,/100
DOLLARS, with interest from date at the rate of-twelve (12~) per cent per
annum, in yearly installments. as follows:
$40,375.00, plus interest; on September 19 ,•1981, and
f $40,3')5.00, plus interest, on ep e r - of each suc-
ceeding year thereafter until the whole sum named is-fully paid:,
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Each installment first shall be applied in payment of the interest and the-
; on the unpaid balance of the principal sum. Zf default is made in any pay-.
ment when due then, at option of the payee, all-the remaining installments -
shall become due and payable at once.
Should it become necessary to collect this note through an attorney, eithe~-
of us, whether maker, surety or indorser on this note, hereby agrees to pad.
all costs•of collection, including a reasonable attorney's fee.
The makers; sureties and indorsers hereof severally waive presentment, pro-
test and notice of protest for non=payment of this note and agree-that .the
time of its maturity may be extended befo;e:-or after maturity and do furthe
severally agree to any .renewal thereof before or after maturity without-
notice of them.
This note may be pre.-paid at any time without penalty, except that no pay-
ments in excess of 29$ shall be made during the year 1980. The security -
for this note is the land described in the-mortgage,= to which a copy of thi
note is attached, and the owners and holders of the note for themselves,
their heirs and assigns, agree that in the event of default and foreclosure
no deficiency judgment shall be claimed against the maker of the note.
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(Seal)
is ar onway, Trustee
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• ~ X339 P~ 153 ~ -
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