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HomeMy WebLinkAbout70- Promissory Note for Sunset Hills Cemetery Permanent Care Fund PROMISSORY NOTL 020 ,000. 00 Bozeman, Montana 1970 FOR VALUE RECEIVED, the undersigned promises to pay to the order of CITY UF BOZEMAN, SUNSET HILLS CEMETERY PERMANENT CARE FUND, th um of Twenty Thousand Dollars ($20,000. 00) , together with interest at the rate of six percent (61) per annum from date until paid, in Two hundred Forty (240) equal monthly installments of elch, payments to be made on the Ist day of each and every monti, conuilrancing on January 1, 1971. Interest shall first be deducted from such monthly payments and the balance of each paymant credited on the prinzipal of this note. ili,-vyment of this note is secured by a Mortgage oE even date upon real estate situated in Gallatin County, Montana. In the event there shall be any default in the making of any paywent as herein provided, the whole amount afthe unpaid principal and accraed interest shall thereupon become due and payable at the option of the holder of this note. In case of suit hereon, the uaker agrees to pay a reasonable attorney' s fee. ),'' P 11) Z sum"IP 1, REFUSE D 111SPOSaL DISTRICT ATTEST: 13Y ity 14",