Laserfiche WebLink
<br /> 730753-1-0 570-C <br />PROMISSORY NOTE lean No <br /> . <br />I~urnid%Iter. 1176 <br /> F.q~+l e+Ymrnt eon (Variable lmerept Rale) MaY 20, 1977 <br /> Uum <br /> Fut value received, the untlersitned, wlsethcr one or more, as principals, IotntlY and urerally. promise to pay to THD I'EDORAL LARD DANK OF WICHITA, <br /> u m oface m Wi<Idu, Kanvs, pr to iu ordeq the follpwint: <br /> -R ~ <br />48 <br />400 .00 <br /> r <br />wish loan nm mlcr«I (hereon al <br />R per annum from the dote o! disbuncment thereof, <br />The principal win of 5 <br />- - ~ anem BB aome~e.esemi-annual ~;nrunmema on me many ofnahJanuary and July „ronowa: <br />F _ _ _ _imullmenu of ime«n only. m the amount of f each, the first due 1, 19 <br />. _ _ - ._ 65 innaflmenuofprinapsl antl inmrmL mthe amount of 32.197.93 nch, the first duel anUaCV I, I9~_; <br />- ' _ - ~ innallmenu of Dnncipal and interest, in the amoum of S each, the lust due 1, 19 <br /> antl a fin+l iroullment of PrinciWl and imernt, in the amoum of f 2 , 197.93 ,due July 1, 2010 , <br />- • <br /> PROVIDED. M1owereq (II if the perlotl from 1M1e due of dirbursemem pf the princpal sum to the due of iM1e initial immllmcm M1cuundcr it coon or lea <br /> - than the u{ular Imullmrnt puiod, the amount of the tmual muallmem shall De incuased or dcooud, a the case may be, u n to mflen Imer«t ¢wallY <br /> - aecwint for th+t Duiod, and (T) as and when any different rate Pf mterml is nubhshed as provided below, the amount of each wbuquem inrtallmen(shall <br /> be mcrsvctl or decmased, a the case may bc, in wch a manna a tP m0en the inacarz or decrease in such imc«n rue, but the due d+te of soy imtallmem <br />_ ro Incrnud or deanud shall mmvn as provided above. <br />~ -10~- <br />- - Dehuls rate mtercn an all sums of Principal and inurnt not paid when due, at <br />%pcr annum, from the due date themof to the dale <br />_ of p.rment. <br /> HemOer, and from lime to lime. the Dank shall have the ritht to nmblish tliffeunt ores of Inmrut, either hither or lower than thou mamd +bpre. 9ald <br /> nm+shall thneupon +pp1Y m the debt oidenad hereby. +nd which 9a11 rtmam m eff«t until dirmmnt umr of imnut art +talnettablivhed. Such <br /> liffemm inn shall be «ublishcd in accordsn« wuh the prorivon pf sh< Fatm Credit Act of 19]1, amended from time to time, and Ne then uisdnt <br /> Repuluiom of the Fum Credit Adminiun0on and shall include a nm applicable m the unmamred principal mm +ntl a h~eher default ate aDPlinble to all <br /> mr of prinetp+l pr inteun not paid when tluc; bin wch run +hall not De applied rmmactlrcly. Tlrt intu«t urn specifically smmd ebore, +nd any <br /> ddfeum nm h<«afmr nmblhhctl, shat not be limited by she I+ws of snY sole rthsint to a le6al ram or othu nm of mmrest, bw Nall be tor«ned solely <br /> by sPPlluble Fetlml hws. <br />All or any part of the Principal sum may be paid In advance, without penalty. at any lime. AnY sdrance payment to made may be applied ent'velY upon Principal, <br />or the Dank, a lu option, may apply a Portion to merest accrued wish mp«t to the Payment and the Whnce of the payment upon pnnmpal. AnY atlnn« P+Y- <br />nsnl made shall opane tP reduce the debt endenttd hemby, to sooner relirt the safie, and to educe the amount a(anY tmuntonly imullmenf but ahtll not <br />chugs the due doe of any inmrcnonly insmllnmm nor the amoum or due dau of any PrinciPaband~intemv innallment, except tP the eamnt that adnnce P+Y- <br />ment ruulu In dlminalon or reduction pf the foal innallmem or imullmenu provided herein. <br />This note Is secured by morlVte, of even dale herewith, corerinp «rtain real ertale. Enforcement of this note and the mortype shall De torerned DY Federal <br />lava m the ext«t apPlioDle, and shall othervne be turuned by the cows of the sou in which the mortppm rut uuu u located, the motlpate proritln that <br />Wranc« made DY the Dant the«under shall become a pv1 of the debt endenced by thL note, and abo sttlu conduiom undo which the ensue debt mry ba <br />attemomd and become tmmedimely due. AD atlnnus, or the enYve debt when accelerated, shall bur inteest al the deGult ate porided herein. <br />The undevipnetl, and any endoncr, mrtry or 6wnnmr of 1hL nee, snerallY raMe preummem for payment, demand, nptln of npnpaYmenL Pinter and notice <br />of proses, and diligence In enforNnt paYmem hertof. They also urerally a0ee thin the Dank may n any Ume, without notice, rtlene all or mI put of she <br />corny for this nou (includint all or any pan of the Premises covered by and morttageCpmt cxmmions, tlefermenu, renewah or e+monicasiom of the debt <br />c+ideneed hueDy or any put thereof: and ml«u Loin Pcnoml lability any one or more of the ponies who rte or may become Ingle for wch debt without <br />dfentnt{ the patio--n//al Ii/a/b~il(]itY/of/,a/n-y other Pan/Y~ Thq also axknowledga rtmpt of tluplium copi« of N6 nou and of vid mor4age. <br />[[~4/L~.L (G/ L/Ai~rs~.st~3 <br />Marglll////4944////vet R. Annand ~ ~ Hr <br />• ~F W~CHI ~q BANK <br />