HomeMy WebLinkAbout0528~ PROMISSORY NOTE
S379,672.50 ~ Fort Pierce, Florida
~
~ January 20, 1981
FOR VALUE RECEIVED the undersigned promises to pay to the order
of GOLDY SHERADSKY, as to an undivided 658 interest, SIDNEY PASTERNAK
and DOROTHY PASTERNAK, his wife, as to an undivided 20$ interest,
RALPH STERN as to an undivided 7.5$ interest and ESTNER STERN as to an
undivided 7.5$ interest, the principal sum of THREE HUNDRED,
SEVENTY NINE THOUSAND, SIX HUNDRED, SEVENTY TWO and 50/100------------
($379,672.50), together with interest thereon from date at the rate
of 12 per cent, per annum until maturity, said-interest being payable
annually on the 20th day of January each year; both principal
and interest being payable in lawful money of the United
States or its equivalent, at c/o ~
said principal sum to
be payable on the dates and in the amoun~s specified below, to wit:
THIS hOTE is ~ade payable in Five (5) equal annual
principal payments plus simple interest on the unpaid
principal balance at 12$ per annum. The first principal
payment plus interest is due on or before the 20th day
of January A.D., 1982.
Each maker and endorser severally waives demand, protest and
notice of maturity, non-payment or protest and all requirements
necessary to hold each of them liable as makers and endorsers.
Each maker and endorser further agrees, jointly and severally,
to pay all costs of ~ollection, including a reasonable attorney's
fee in case the principal of this note or any payment on the principal
or an}• interest thereon is not paid at the respective maturity thereof,
or in case it becomes nec~ssary to protect the security hereof, whether
suit be brought or not.
. ~.
This note and deferred interest payments shall bear interest at
the rate of 12 per cent, per annum from maturity until paid. This
note may be pre-paid in full or in part without per.alty.
This note is secured by a first mortgage of even date herewith and
~s to be construed and enforced according to the laws of the S tate of
Florida;*upor. default in the payment of principal and/or interest
due or, any note secured by said Mortyage, all notes so secured and
remaining ~noaid shall forthwith become due and payable notwithstanding
their tenor.
~
TFiLA~~'I CORP . , N . V .
By: L. E. Anthony,
Managing Director
IIy:
Claude Piguet, Attorney-in-Fact
for L. E. Ant:~ony
* and such ccfault cantinues for 30 days.
L-~~+ ~~YlICES U!' SXLEU !~tE~SL@, Y. ~., 700 Yf$GI\IA A~'E\GE, SCITC IUS-SL'N HA~A HLUC., F~. PICIt('E, II.OBtUA :f:lS3i~ {3U3~ J65-2350
g~'~ 347 Pa~E 525
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