[Promissory Note from Sam and Pauline Bondi to O. V. Anderson - 1964-04-06] Page: 1 of 2
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1300.00 Houston, Texas, Apri I -£+7 1964V
FOR VALUE RECEIVED, we and each of us, jointly
and severally, promise to pay to the order of 0. V. ANDERSON
at Houston, Texas
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T lYo THo
at Houston, Texas, the principal sum of THIRTEEN HUNDRED AND•
together with interest on the unpaid
£ X#
principal balance from date at the rate of per annum payable
month Iy as it accrues. All past due principal and interest
to bear interest at the rate of ten per cent per annum,
Thss note is payable in monthly installments of
not less than SIXTY AND N0/I00 ($60.00) Doll ars each and as
each instal Icient is paid the same is to be applied first to
the payment of all interest accrued to the date of such payment
- * „/' ...
and the balance, if any, is to be applied on the principal hereof.
The first of said installments shall be due and payable on or
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before January 4-1^—and a like installment shall be due
and payable on or before the same day of each succeeding calendar
month thereafter until the whole of this note, both principal
and interest, is fully and finally paid*
IF DEFAULT BE MADE on this note and if the same
be placed in the hands of an Attorney for collection, or if
collected by suit or through the Probate or Bankruptcy Court,
or if any action of foreclosure be had hereon, 10 per cent,
shall be added to the principal and interest hereof and hereon,
still unpaid, as Attorney's or collection fees. Ail makers,
sureties and i ndorsers are jointly and severally liable herefor,
and with reference hereto, waive grace, protest, notice,
demand, diligence, presentation and time of commencement of_
suit, and consent that additional security may be taken herefor
and/or the time of payment hereof may be extended without
notice and without releasing the liability of any maker, surety
or i ndorser.
FAILURE TO PAY any portion of the principal or accrued
interest on this note as the same becomes due according ib
the terms herein mentioned, or failure to carry out any. of the
undertakings agreed to be done by the maker or makers hereof in
any instrument or instruments hereinafter recited to have been
9iven as security for the payment of this note, shall, at
the option of the holder or holders hereof, mature all of the
unpaid portion of the principal and accrued interest due on this
note at that tiiae.
LAW OFFICES OF
JOHN J. HERRERA
ATTORNEY AT LAW
SUITE 7D8 SCAN LAN SLOG.
HOUSTON 2, TEXAS
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Herrera, John J. [Promissory Note from Sam and Pauline Bondi to O. V. Anderson - 1964-04-06], text, April 6, 1964; (https://texashistory.unt.edu/ark:/67531/metapth250700/m1/1/: accessed July 18, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Hoston History Research Center at Houston Public Library.