HomeMy WebLinkAbout2627~o ~~aue and to ~0~~ I~~r .anu~. fuyrl~~i~r u~il~i I~~t• f~~nrnuv~ts. ~~~•n•~~ifun~~•nls um~ upp~ulr
nunr~~. I~i~vrfu ~,~~~~~~i~~~riy. ~~n~~ I~u• r~•~~fs. is~uos un~~ pro~eh I~~rt~•u~. unlu l~i~ morlgu~ee. in ~~~~ simpjE~.
lLI~~ I~~r -nurlc~a~~ur ~~ir~vuu~fs u~if~i f~~~• murf~~uq~•e f~~al f~ie murli~cipor i~ in~~t•~~~us~~~~y si•izt•t~ u~ saic~
~n~ul ir~ -i•r :in~~~~r: tl~at tfu• morl,yuyur lu~s ~~uo~~ riq1~1 nn~~ ~ato~ul ~«tl~oritv fo i•onovy sni~~ ~an~~ ns n~orv.
.ui~l: tl~ut tl~~~ niur~~~u~~u- u•il~ maR~• suc~l~ (urll~.•r ~usurunr~•s to perfect tl~p ~~~~ simp~P iifl~~ to sai~~ land in the
rnarfr~~~~~~~~~ ~~~ nu~>• rrusu~~u~~~y ~~~ r~yuin•t~: that 1~~~ murfyagor {~erc~~y ~u~~y ioarri~nfs Il~r lit~~• to sai~~ ~unci
ar~~i u~i~l ~l~~f~~r~rl 11~~~ sam~~ aquin~t 11~~ luu=~u~ ~•ieiims o( a~~ pi~-sons ~i~homsoe~i~i~r: nrul t{ial said ~nn~~ is ~rPe
u-u~ i ~~~ur o~ u~~ ~•nrum~~ronr~~s
~rouided ~lways~ f~uit i~ sai~ mortga~ur s{~u~~ pny unto s~,i~ mortgagee f~p certain promis-
.o!y nof~ ~~rrniiea~f~•r 3u~isfanfiu~jp c~opi~v~ or i~~~nfi~ie~. lo u~ih
I2vST~1I~TT NO~I~
5120,0OO.OQ . Fbrt Pierce, Fla. March 34 1981
For value received ~, jointly and severaily, as principal Fromis~ to pay
Mzt}nut defalcation to the order of Don D. Reed, ~.x3ene D. Haughtc~:i ar,d Philip
J. Nash, as Trustees of the Nash P~ntiac Cadillac, Inc. Pension Tn~st
at ;he offic~e of said payee in Fort Pieroe, Florida the stun of
Ot~ Ht3NDRED ~~v'I'Y TfiOUSAND AND NO/100---------------------------------DOLI~iRS,
with interest fran date at the rate of Fiftc:en (15) per cent p~s anrnun, in manthly
installments, payable as follaws, to-~ait:
51,58Q.15
r'~nril ,1981
ar~d $1,580.15 ------------ pp~~ ~~ 30th day of cach succ~eciinc~ m~nth
thereafter until the whole sun r.arnec; is fully paid.
Each installr,~ent first shall be applied in gayment of the interest and then on the
unpaid balance of the principal sun. If default is made in the payrnent af any
installment when due, then, at the option of the payee all the rel^.~ining install-
ments shall ~r~e due and payable at ~nce. Privilege is giv:~~ t~o pay two or rrr}rE
ir.stalLnents at any time. Should it be~~ane neoessary to o~llect this note through
an attArney, either of us, whether maker, surety or irydors~r on this note hereby
agrees to pay all costs of oollection, including a reasonable attorr~ey's fee.
Tne rrsakers, sureties ar~d ir,dorsers her~of severally waive present~nent, protes*
and notice of protest for non-payment of th.~s note and agree that the time of its
~r~aturity may be extended before or after matur~ty and do further several?y agree
t~o any renewal thereof before or after maturity, without notice of t~m.
This may be prepaid in whole or in part at any time witY~cxit penalty.
;
. ,~,~
(SE.~1I.)
tvG~nni T._ Nnlmr~c T,-
~;~x 351 Y~~E 2f i23
DOLIARS, on the 30th day of
(SEAL)
{SE1~L)
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~5~.,
~5~,,
Pamela R. Holmes