81005300 - Laserfiche WebLink

Browse

P+trss~x~r r~rs ~: $63,000.00 Date: ~~}-° ~y~ ~~ P`C5A YALUB REC$IVf?D, the undersigned joir_tly and severally promise to pay tc the order of Paul J. Kohls and Ella R, Kohls, husband ttnd wife, as tenants in common and not as ioint tenants, the principal sum of 583,000..04, with interest at 58 per year from date until Maturity, said interest being payable~monthly, with both principal gnu' interest being payable in law€ul money of the United States at such address as the holder hereof shall specify to the makers, and payments shall be made as follows: Not Iess than $377.72 per month on the 1st day of each and every month, commencing on the 1st day of November, 2481, until the full Mount of principal and interest has been paid; said payments shall apply first to interest accruing from pay period to pay period, and balance to principal. If any payment is not made within 15 days after the due- date,. makers shall pay a late charge of 5$ of the payment. Ef default is made in the payment of any of said sums, within 15 days after the due-date, then, at the option of the holder hereof, all sums then remaining unpaid, with accrued interest, shall immediately become due, without notice, time being of the essence, and the principal shall bear interest at the maximum legal rate from such time until paid. Each maker and endorser waives presentment, protest, notice of protest and notice of dishonor, and agrees to pay all costs, including a reasonable attorney's fee, whether suit be brought or not, in the event of default in this note or the security thereof. Makers may, without penalty, prepay all of this Hate at any time, or may make partial prepayments in multiples of the regular payment, such prepayments to ~ applied to the Iast payments due under the note. r, ~~ ~ ~ ~~ ~il ,E u .J