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<br /> � ' `7' � 1978 ` >
<br /> PROMISSORY NC7FE
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<br /> F�t UALUE RECEIVED , the undereigned promise to pay to the order of " ' -
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<br /> D � UTAYNE VANOSDALL end BERNTCE A . VANOSDALL , the princiPa2 eum oP �23 , D00 .00 '� _;
<br /> with intereat thereon at tlie rate of aigi-rt percent ( 8%) per annum ; said �` ' '�
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<br /> rinci al to 6e r �� �
<br /> p P paid as follnws ': $ "� � z�
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<br /> �3 , 500 . 01J , plus accrued interest , on May 1 , 1979 , and i t r�;�
<br /> =3 , 5OO . OQ , plus accrued tnterest on the lst day of May y
<br /> of each and every ye�m t.hereafter , far a perioci four � ` � "'��
<br /> years , the fifth and final payment sha1T be in the arnount ' i ,; , ;
<br /> af . the remaining balen�e , Plus accrued intereat . ,� ' ; , ..;
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<br /> This note may ae p.repayable in multiples of �100 . q0 , upon mutual ' y ' ���
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<br /> agreement nf the parties herato ; any prepayments shall 6e made on the due S , �,�`q���,��
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<br /> dates above mentioned . ' " ��1F��`'�'
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<br /> " In case of default in any installment of either principal or interest � , �;;,
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<br /> tf-�e legal halders hereof may dec�.are the entire de6t immediately due arad 4 ' 4 ` `
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<br /> payable . � , ' ';
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<br /> The undersigned hereby waive demand and protest and agree that the �' i`
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<br /> holders may grant extensions of time of payment of principel or i�torest �'
<br /> without notice and that they will remein bound as if no such extension had �` �i�
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