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N s7_ 106726 MORTGAGE NOTE FOR VALUE RECEIVED, the undersigned promises to pay to ADAM F. ZEBERT and MILDRED R. ZEBERT, husband and wife, or the survivor, or to their order, the principal sum of FIFTEEN THOUSAND DOLLARS ($15,000.00) with interest, from the 19th day of November, 1987 at the rate of nine percent (98) per annum on the unpaid balance until paid. The said principal and interest shall be payable to ADAM F. ZEBERT and MILDRED R. ZEBERT, husband and wife, or the survivor, at such place as they may designate in writing. The entire amount of principal and interest is due and payable according to the Amortization Schedule attached hereto in monthly installments of One Hundred Ninety Dollars and One Cent ($190.01) per month until the entire debt is extinguished. This Note is secured by a Real Estate Mortgage of even date and in the same principal amount as herein stated, executed by the undersigned. In the event the title to the real estate set forth in the Mortgage is transferred, or contracted to be transferred, from the undersigned for any reason or by any method whatsoever, the entire principal sum and accrued interest shall at once become due and payable at the election of the holder hereof. Failure to exercise this option because of transfer of title as above stated in one instance shall not constitute a waiver of the right to exercise the same in the event of any subsequent transfer. This Note and all sums due thereon shall bear interest at the rate of nine percent (9 %) per annum before maturity, and shall bear interest at the rate of ten percent (108) per annum after maturity. The undersigned waives presentment, protest, and notice and the benefit of any homestead or exemption laws, as to this debt. Dated this j / -j'?-;Bay of November, 1987. ^ �� -few ✓ --:_. DAVID M. ZEB 0 0