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HomeMy WebLinkAbout0399i . ~_ ~ S ,'I , i• ' f ~ • ~ ~ . PROMISSORY NOTE ~ ~~~ '~'.~ ~ ` - - . . .. '~;.: 1 ~ . . . . ~ ~:~.' ' , ' - , ~ • ~ ~ ' ~ Fort Pierc e ~ Florida ~ - ~ ,' . . ~ $42,000.00 .~ • ~ :.- ~ .. _. . November 10, 1980 _;~~'~' ~ - -- •. ~ •" . '.... ... . ", .,._ . . '~1' _'L~_ • . -, ' : . . . , '- - !~J,J~- p -.~ ~~ FOR VALUE 'RECEIVED~ the undersigned, ~ointly and severalZy promise~w'r~~r:; •' to pay to EGAN. FICKF.TT & COt'IPANY. Fort Pierce, Florida, or order in the'i:;';i_ - ~.' manner hereinafter ~~s ecified, the principal sum of FORTY-TWn THOUSAND •=,>,lNtJ- : AND NO/100 DOLLARS (~42,000.00), together with interest at the rate of -=~ -~._ thirteen percent (1370) per annwn. The said principal and interesC shall' ~'~ j be payable in lawful money ~of ~the United States of America at 1900 Old ":"~' ~ Dixie Nighway, Fort Pierce; Florida, or at such other place as may ~" `~ ' =. ~ hereafter be designated by :written notice from the holder to ,the maker. '.-_ : ' ~_ ~ie~eof, on the-date.and in.the:manner. fol.lowing:- ; ..._ - '-:~; - : - - - ~: ~ :-;~~~_ ~ . , . .~ .. _ , . ,. ~ . . .:;~~~: ~. ~. Interest at the rate of 137o per annum on the unpaid principal ~~:~ •-.. .., balance shall be due and payable quarterly. The first of such ~-:=f;, . ~-:interest payments shall become due on February 10, 1980, and _ ,' '~quarterly thereafter,"with a fourth and final payment of ._~- interest be3.ng due on November 10, 1981, at which time Che . ._ ~ . entire unpaid principal,balance shall become due and payable. I ~.~ ' ~~ ~~ IF DEFAULT be made in ~ tihe payment of any of the sums or interest ~` ;:=_ ~!`;~ E _. .~: mentioned herein or in the performance of any of the agreements con- ~;~';.,h' ' •: , tained-.herein.~ then the entire principal sum and accrued interest shall,`•==,: ~ .~:'.= be, at the option of the holder hereof, at once due and collectible -,~_-- - without notice, time being of the essence; and said principal sum and :- ~: ' accrued interest shall both bear interest from such time until paid ~:;"' , at the highest rate allowable under~the laws of the State of Florida. :_~ Failure to exercise this option shall not constitute a waiver of the .--t~;~:;_~ '-~ right-to~exercise_the same in;the event of any subsequent default. :.:"--w- -~,- .~ . ~ : . -_rt_;=r; _" . : i - , ~.; -: - . _ . ;~',;~_;';•_ ~' ''EACH~PERSON liable hereon whether maker or endorser, hereby ~••=:r,~:=• .-: =~~;= j:waives presentment, protest, ~ notice, notice of protest and notice ~.,-_,_:_ --~- of~dishonor and-.agrees to pay all costs, including a reasonable ,hlj.'J` • ' • .,-`~~ attorneys' ~ fee, -whether' suit be brought or not, if, after maturity .-~_ _ ~ of this note • or default hereunder ~ counsel shall be employed to . ~-~ ~~~? ~ . ~~-- collecC. this, hote: ,or; to,.pro.tect. the. security. . - ~ . - ~ ._ .. . .' - 'YJ'-.f . _ - . ' ' ~ ' . . '. ' ' - . . ' , •t ; . ~ ri . .. . . . • - . . . -" t ~ ~ ~ " . '. . ~.Y~ ~ ' ' . ;~.~ . ', : ~ MANAGEMENT .RESEARCH & ASSISTANCE, INC. ~ ';. • . ~ ~ ,- ' = `~= _ - " -. ~- . ,- . • .. - . :.- ' _ ~ ".r ~ : ~; ; , : - : ~ -, (CORPORATE SEAL) _ ~ - . ~ ~. ~ ~'_. . - ~ ~ ~ ~ ~ , . ,~ ~ ~ ~ ~: - - --`~ ~' • ~ -~, . . - : ~ ~- . : ~ ~~;'~ • . ~. Thomas A. .$a~coc , Presi ent _, }.,'. . _. _. .-.~ . -. - - . - -_- -~ - -..- . . -;;.: , .,,. . . . _ , , . ~ . . . . . . =;~. - . " - ~r . . ~ • J ~- . V'' • ',".!-~:. ,''~;..i~l•; -•.' " : ~ - ~ " .~ - . : ' ' -. . I , • 1- •~~ - - " -, v, ~ .. - • ._' • ` ;' _ -. v •,' . - i. o'. _• ~ '. . _,.,- ~. - . :~~ ~~;,,.-: r,; -. • •> . . ~,-_ ~.~ .-:~ ~ ~~~ (SE~II.)_ __v`'~ji•1.;'i•'!~_'~ .. ~+. • ,,,L.::_.;` _ _. :- ~-'j~__J- , _ , _. ,=~ry~y~~~r~?;,;=-~ ~'j;: _~~,`. _ _ ~ . _ : . . .• , • ~ Thomas, A. _Babcock~ Individually - 'r•• • ' e ~ ~ ' :'.: _~~~ ~7_ -'J: . .:.i~-~ _ - _ - "; : „ i : - 'f '.' . ... :~~i t'~'s_~1. . '_.~~. . • ' . ~ .~ ..~~. . .. . ' ~ _, . - •. --' %~.. . -,-~ - ~~~.:.,- ~ :~ ~ -.:' • - ~ ~ . ~ ~ . . ' (SEAL) . ~ • - ' / .' - , ' '" ~ r~-'- . . ' . ~ - ' - . ~ ~_ ,;~M : : ~ ;~_;.-: - : ~. , . _ _ _ .~ aron . ~ . Ba coc c, n iv ua y , ';:'T'tiw""r ' .;.~°~ • . ' . ~ • . ~ _ . . : t: _ . . _. . .._ ~ .. r.. • . ~ . . ~ . . . ._ . . " .. < < - ' • -~•--• • .- . .~ •~: . . , - - ~ ~ ' : - ' ' ' . i• ~. . f_~~. :1.,_'I _ 1~ 1; _ . , _' ` .' J . _ ' _' . ~ . . . . j 1~.I~,• ~. ~ ~ ~ - ~ - ~ ~ ' ~ ~ ~ ~ ~~ ~ ~c~~ PacE ~~ : . . ~ - ~-.- - _.~ - , s