HomeMy WebLinkAbout2496i•
PURCHASE MQNEY NOTE
sa2.6oo.0o DATE, ~(~ , i9e ~
FOR VALUE RECEIVED. TF~ I~DERSICaPEO PROMISES TO PAY TO TFf OftDER OF GENERAL
FIOST CORPORATION, A I~W YOWC CARPORATI~I. TFE PRINCIPAL SUM OF FORTY TWO THOUSAPU
SIX HUPURED DOLIARS (i42.600.00) IN LEGAL TENDER OF TFf UNITEO STATES WITH INTEREST
T1fRE~1 FROM DATE AT Tlf RATE OF NI1~ PERCENT ( 9X ) PER AN~KJM ON Tlf I~PAI D BALANCE
I~ITIL PAID. PRINCIPAL AND INTEREST SHALL BE PAYABLE AT 5305 SOUTH MACDILL AVEMJE.
TANPA . FLOR I DA 33b 11. OR AT SIJCH ,OTI-ER PLACE AS TFE HDl_OER MAY DES I GNATE I N WR I T I NG ,
I N FOI~ AMVUAL PAYNENTS . AS FQL0INS : THE F I RST PAYNENT OF E 14 . 484 . 00 8E I NG [xJE
- r
MD PAYABLE ON TFf 17th DAY OF February ~ 1982 ~~~p^p pAYNENT OF E13,525.00
BEING ~UE MD PAYABLE ON TFE 17th DAY OF February . 1983 TF~ THIRD PAYNENT
OF 512.567.00 BEING Dl~ AI~U PAYABLE ON TI-E 17th DAY OF February ~ 1984 ~
.FOU2TH PAYMENT OF s11.608.50 BEING Ot~ AhD -PAYABLE ON TI-E 17th pAY OF February ~
1985 EaCH SUCH ANVUAL PAYF~ENT SFIALL FIRST BE APPLIED TO TFE ACCRI~D ANU TIfN
t~PA I D I NTEREST APD TFE BALANC~ SHAL_L BE APPL I EO TO TFE PR I NC I PAL . ~
PREF'AYNENT OF ALL OR ANY PORT I ON OF TF-E PR I NC;PAL OR I t~T~REST Dl~ HEREU~DER ~Q,
~ ~~
SHALL BE ALLOWED WITFUUT TFIE PRIOR WRITTEN CONSEN7 OF TFf HDLDER FEREOF,and ithout penalt•
. ~
THI S NDTE I S SECl~2ED BY A Pl~2CHASE MOI~EY NbRTGAGE OF EVEN DAY CONST I TUT I NG ~
A F I RST L 1 EN I~ON REAL PF20PEftTY I N ST . LtJC I E COUJTY . FLOR I DA , At~ TFE MATUR I TY OF -._
, ~ _~
THIS (~bTE MAY BE ACCEI.ERATEO AS PROVIOEO IN SAID MDRTGAGE. 'l
IT IS HEREBY AGREED THAT IF DEFAt~T BE MADE IN THE PAYNENT OF Tlf PRINCIPAL -~
AND INTEREST ABOVE NENTIONIE~. OR ANY SUM REUUIRE~ TO BE PAID FEREBY~ OR ANY PART
TFEREOF , AS ABOVE PF20V I OED, OR I N TFE PERFOF2MANCE OR OF COMPL I ANCE W I TH T1-~ COVE- ~
NANTS AND COPbITIONS OF THE f~RTGAGE SECl~2ING THIS NOTE. THEN IN ANY OR ALL OF
SUCFi EVENTS , TFE ENT Il~ I~PA I D' AMOUPIT OF TF~ PR I NC I PAL OF THI S~PbTE W I TH ALL
I NTEREST TI-EN ACCRI~D SHALL AT TNE OPT ION OF TFE HDL_OER OF THI S PbTE BECONE I NM~E-
UTATELY Dl~ AND COLLECTIBLE, TINE BEING OF TFE ESSENCE OF THIS OBLIGATION. IT IS
Fl~2ThfR AGREED THAT NO OEFAULT UPDER THIS NOTE OR TFE AFOF2ESAIU NDRTGAGE SHALL 8E
• OEENED TO HAVE OCCURF2ED UI~ESS T1f SANE IS NOT CURED BY MAKER WITHIN (10) TEN DAYS
AFTER TFERE I S RECE I PT OF WR I TTEN NOT I CE OF TF~ OEFAI~T FROM TFE FIOLDER TFf REOF .
SFIOI~.D I T BECOF~E NECESSARY TO COLLECT THI S PbTE TFi20UGFi' AN ATTOF2PEY , BY LEGAL
. ° ~~
PROCEED I NGS OR OTFERW I SE , TIiE I~UERS I Gi~ED ETDOF2SER PROMI SES TO PAY ALL COSTS OF
COLLECTION INCLIAING A REASONABL_E ATTORPEY'S FEE.
TFE I~~DERSI ('~PED WA I VES F~ROTEST . DEMAND ~ PF?ESENTNENT , NOT I CE OF D I SFIONOF2 AND
ALL REOUI RENENTS TO BE ~ FELD L I ABI..E AS MAKER MD E ER .
~ 21 S1'7301 "
Iggi ~~~ t 7 ?~~ ~ ~~ - --- __ '
tM[ c~~QrDtl~ ~ ~ ~/~ -~-
~IICt iY.F! ~. ~ -
St_t.UC1E GGUH N~ F~O N`~ '~
tiOGER, ~'01 ~ R••5
ClE%~V.CIdG'v'i L±•'~i~ Q
- ~ l _ ~o~x348 PA~E2494
i
{
~
1
1
t
3.-:r::~?'~: =:'~:n:sC~,.;~,
~ --~=~