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MORIGAO~ NOTt ~ RAMCO IOI~M ~] • r
0 P Zurich, Switzerland
Y
i 331,925.00 ~~«~, ~~ ~ ~~
, ~980
FUR VALUE RECEIVED, the unde»isned. (juintly and sn•e~ally~ i( mo~e than one) promue~ to pay t~ **
Otto G. Klein~ Margaret C. Qeaudoin~ Louise J. Chanccy and Loretta U. Sanford, ~~
~ or orde~~ ia the maaae~ Aereinatter~tpec~
~hs principal ~wn otZ~ree hundred thirty one thosaryu nine hundred ~~ f rp/100 DOLI.ARs
~= 331 ~925.00~ wiiA intecut (ran date u the rste ol 12 per ceat. per snnum o~ thte~uls~fFe Tl~um&e a ~ime ~eawoi,~ uapaid.
Tbe uid principal and i~tere~t ahaQ be payabk ia law(ul money ot the L'nited State~ of Ame~ita at
or at iuch p~ace a~ may hrn•att~~ l~e d~•signated bp written nutice (tnm the holder to the n-sker herco(~ uo
tAe date and in the manner tolbwinq:
Zhis pranissory rote is made payable in fiv~e (5) equal annual principa~ PaY-nent-~
plus sinple intPxest as setforth. ~he first principal payr:~nt plus sinple interest
on tlhe w~paid pricipal balanc~e shall be due one year fran date.
Tfiis note may be prepaid in whole or in part at any time aft~er J~nua~y 1, 1951
without penalty.
**'1rie respective int~rest of the payees above set forth are as folla+-~:
Ott,o G. Klein, as mana9ing Part~r of Rental Real
Co-Partnership, as to an undivided one-half inte est~. 3nY• ~` AZi~-~gan
Margaret C. Beatrioin as bo an undivided one-sixth interest.
i~uise J. Chanoey as to an undivided one-sixth interest.
Loretta D. Sanford as tn an ur~divic~ed one-sixth interest.
Thi~ note with intrrest is sccurcd by a mortRaRe on reai estate~ of eve~ dat~ herrwi:h, made ~y ~he maker hercuf in fa•+t,r o( 11~~ uid
~yee~ and shall be construed and entorccd accordin6 tu the (aw~ o( the State ~f Fbrida. -
I( dcfault be mad~inathi it neot~ an ~of"theliwn~o~tetK~ ~~ '~$ nia or in st:~ ~;,: t
p y~ Y u e ~age_ ,~r in ~he yet(orman~e ot
any of the agrcements matained hcrein or in said mortsase, then the eatire principal sum anJ accrucu interes: shall a: il.e optioe c: !he
hold~r henof become at once due and collectibk without notice. time beitt~ o( the tasence; aad uid printipa: ~vrn .u~~i acerur.i interest
sh~ll Goth brar interest (rom such time until paid at the highest rate albwabk under the larvs of the State of f2atida Failure to exetciac
thia option shall not constitute a waiver of the ris6t to exercise the ~ame in the ea•ent o[ any ~~~bxqurr_i 3etwlt.
Each p~rwn liabie hereon whether mater or endorscr. hereby wai~e~ presentment. prolest~ notite, natice o( prot~~t and notice o[ dir
honor and agrees to pay aU custs, inrluding a reasonabl~ attorney's tce, wh~thrr ~uit be brought ot not, it~ aftet nuturitJ~ nf this note or de(ault
hereunder. or under said mortgage~ counsel ihall be empbyed to eollect this note or to protect the xcurity o[ said nuxtba~~.
Khe~er uud herein the ternu "AoWer', "mater" and "paYee" ~haU be cocutrued in the singul~r o! ylural a~ the context may
r~quirc or admit.
~ialer'a Addreu .._.....~1.1S.Y~1.t..A1L'~1~..Vc~11Z ................................ •---._(SEAL)
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~. ~L'1dll K1IY~ Z111C), i` director
... ~ - -• ....... ........•.. ...-- ..-••.........._._.... .....................-••....- •-•-----•(SF.ALj
1980 Of C 29 PN 5~ 04
1 FtL~O ~NG f.~COiillEO
- _ ~ ~ ~ SL LUCIE CQUNTY.FI A.
RG6ER POtTRAS
; CIENK CiRCU1T C~U. Q
RfC('pG Y: ~~r:: ~ ~~_ _
a71~0`tS
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