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HomeMy WebLinkAbout1820 FXN16i~ REPLACEMENT NOTE NO.I (Continued) ~ - 5225,000.00 June 30 , 1978 This Note ,shall be governed os to validity, inter~~retation, construction, effect and oll other respects by tho laws and decis'wns of tla State of.F larida In the event Bonk determines it necassary to institute suit to collect on this Note, the action may be maintained by Bank in the State of Florida, and the hldcer does hereby consent to the institution of oction in that jurisdiction and wolves any and all defenses it may hove to the maintenonce of the suit in Florida This Note is secured by a Mortgoge doted November 7,1975, os modified by ' ~ Mortgoge Modification Agreement dated June 30. 1978, batween flaker and Bank and is entitled to the benefits thereof. This Note and deferred interest payments shoal bear interest of the rate of ten (1096) per cent per annum from maturity until paid - ~ This Note_ is binding upon Maker and its successors and assigns. The execution of this Note by Joseph R. McMohon, Receiver is in his - capocity as Receiver in Bankruptcy for Georgs A. Costa, Lucille V. Costa, and - Lucille V, Costo, Inc., in the United Stoles District Court, District of New Jersey, Case Na 8-76-2704, and not individuolly, and he shoal have no personal liability to Bonk for payment of this Note. y• ~ - ~ 1 FIRST NATIONAL BA(~GC OF FORT PIERCE 13ys - ~ ~ LUCILLE V. COST~? r GEORGE A. COSTA • . ~ ~ - - LUCILLE V. COSTA, INC. _ ~ 8ys • - ~ - - - . JOSEPH R. McMAHON, as Receiver ni Bankruptcy ' for George A. Costa, Lucille V. Corte, and Lucille V. • Costa, Inc., in the United Stoles District Court, ~ • District of New Jersetr, Cosa No. B-76-2704, I ~ and not individually. ~ ~ - i - { Page 2 of 2 1 - 3 I ' Y x342 Pa~E1819