HomeMy WebLinkAbout0637AMOUNT IOCATION OATE ~
S 5.000.00 Ft. Pierce. Flor~ De~ember 15, 19$0
FOR VALUE RECEIVED, the undersigned, {jointly and severally, if mo-e than one) promises to pay to
Ralph Maiolo, a single person 760 S.E, li~llaha~i Av~enue
Port St . Lucie , Flori,da 33452
or o~der, in the manner hereinafter specified, the principal sum of
Five Thousand, and No/100 -------------------~_______________________ (S ' ' -5,000.00~
::'~th interest from date at the rate~ of ~2.OOOOPer cent, per annum on the balance from time to time remaining unpaid. The said principa!
~nd interest shall be payable in la~Ful money of the United States of America at
or at such place as may hereafter be designated by written notice from the holder to the maker hereof, on the c~ete and in the manner foltowing:
This Note is payable Monthly in equal installments as follows: Beginning
on January 15th, 1981 the sum of ~51.62, and a like sum payable.on the same day in each
month, in each year thereafter, until the entire
principal sum of ~5000.00 together with interest~ as herein provided, has been paid
in full.
In addition to the payments provided for above, the entire principal suan remaining un-
paid, together With accrued interest remaining unpaid, shall be~due and~~ayable on
..D~ecetd~er.15,.1990.which final payment shall be in the amount of #.4,6$4.35...........
All payments are to be applied first to interest at the ratg.s~ecified herein upon the
principal sum of ~5000.00, or so much thereof, as may from time to time remain unpaid
and the balance of each payment shall De applied to principal.
This note is prepayable in Whole or in ~~ at any time Without penalty.
This ~ote with intere;t is secur d by a mortgage on real~estate, of even date herewith, made by the maker hereof in favor of the
::.d payee, and shall be constr~ed and,enfor~d acGq~d+ng te-the laws of the State of Florida The terms of said mortgage
~: ~~ by this reference made a part he~eof. ~` ~- '
If default be made in the payment of any of the sums or interest mentioned herein or in said mortgage, or in the performance
~ ~ any of the agreements contained herein or in said mortgage, then the entire pr~ncipal sum and accrued interest shatl at the option of the
r,;'der hereof become at once due and collectible v~ithout notice, time being ot the essence; and said principal sum and accrued interest shall
::o;~ bear interest from wch time until peid at the highest rate allowable under the laws of the State of FlOrida Fa~lure
co exercise this option shall not constitute a waiver of the right to exercise the sarr~e in the event of any s~bsequent default.
Each person liable hereon whether maker or endorser, hereby waives presentment, protest, notice, notice of protest and ~otice
o~ d~shonor and agrees to pay all cosu, inctuding a reasonable attorney's fee, whether suit be brou,ht or not, if, after maturity of this note
o~ default hereunder, or under said mortgage, counsel shall be employed to collect this note or to protect the secu~ity of said mortgage.
Wherever used here in the terms 'holder', 'maker' and 'payee' shall be construed in the singular or plural as the context may
~equire or admit ,
MAKER'S ADDRESS
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