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HomeMy WebLinkAbout0959 ~ MIAMI, FLORIDA, APRIL 23, 1985 FOR VALU$ REC$IV$D the undersiqned promises to pay to the order of R. LIAYD VO~CIUC the principal sum of ONB HUNDRED TWENTY-NINS THOUSAND THREE HUNDRED AND SIXTSEN AND NO/100 ($129,316.00) DOLLARS, toqether with interest thereon from date, at the rate of twelve per ~cent (128), per annum until maturity, said interest being payable ann~ually, on the 23rd day of APRIL, 1986 and on the 23rd day of 1~PRIL, 1987. Commencinq APRIL 23, 1988, Principal and Interest shall be payable in annual installments of $28,335.45 each on the 23rd day of APRIL, 1988, and on the 23rd cay of APRIL, 1g89. On APRIL 23, 1990, the re-- maining principal and all accrued interest shall be due and payable. This Note may be prepaid in whole or in part at the option of the maker without,payment of penalty or bonus. Each installment payment shall be credited first on the interest then due; and .the remainder on principal; and interest shall thereupon cease upon the principal so credited. Principal and Interest shall be payable in lawful money of the United States at 2210 Old Dixie Highway Ft. Pierce, FL 33450 The maker of this Note shall have no personal liability for the indebtedness outstanding from time to time evidenced by this Note. Accordingly, this Note is executed by the maker ~ solely to create the security interest hereby created, it being understood that the No~e is payable only out of the property described in the Mortqaqe securing same. No personal liability ~ shall be asserted, or be enforceable against the maker because ~ ; of, or in respect of, this Note, or the makinq, issuance or ~ ; transfer hereof, all such liability, if any, being expressly waived by }he holder. ~ Each maker and endorser severally waives demand, pro- test and noticea of ma~urity, non-payment or protest and all ~ requirements necessary to hold each of them liable as makers ~ ~ and endorsers. ~ F 1 S f ~ ~ ~ ~ k ~ ` .r.._ - _ - ~ ' - ~ I ~