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PROMISSORY NOTE FOR VALUE RECEIVED, Ms. Elizabeth L. Newcombe residing at 715 15th Avenue, Vero Beach, Florida hereinafter Promisors), promises to pay without further demand or notice, to INDIAN RIVER COUNTY, a political subdivision of the State of Florida, hereinafter Promisee, the total sum of -Two thousand ten and 30/100--------- ($ 2,010.30 ), in installments as follow: Amount 1. $ 400.00 2. $ 400.00 3. $ 400.00 4. $ 400.00 5. $ 410.30 6. $ Due Date Dec. 4, 1983 Jan. 4, 1984 Feb. 4, 1984 Mar. 4, 1984 Apr. 4, 1984 Said amounts represent remaining principal and interest due on a special assessment levied by Indian River County for the Paving & Drainage Improvements for 14th Ave. between 7th & 8th St. . This note is executed in settlement of the current delinquency of this account and Promisor('s) agree(s) that sums payable hereunder have been lawfully assessed and are presently due and owing to the Promisee. In the event legal action is required to collect sums due hereunder, the Promisee shall be entitled to recover in addition to principal and interest all reasonable costs of collection, including attorney's fees. Promisor(s) waive(s) protest, presentment and notice of dishonor with respect to this note. By receipt of this note, the Promisee does not surrender any other remedy available by law to collect the underlying special assessment, including specifically the right to foreclose on any lien which might exist by operation of law against the subject property which is described as follows: 14-33-39-0002-0030-00007.0 Glendale Park Sub PBI 1-87 Lots 7 to 11 inc., Block 3 This note may be prepaid at any time without penalty, and in the event the aforementioned sums of money are not promptly paid by the dates shown hereon, interest at the rate of one percent ( 1%. ; percent per month shall continue to accrue in accordance with the original assessment obligation. All payments should be made by check payable to Gene E. Morris, Tax Collector, and mailed to the Office of the Tax Collector, P.O. Box 1509, Vero Beach, Fla. 32961. WHEREUPON, The Promisor(s) has (have) executed this note in her band and seal this 31st day of October 1933 STATE OF FLORIDA COUNTY OF INDIAN RIVER Before me personally appeared ELIZABETH L. NEWCOMB to me well known and known to me to be the person described in and who executed the foregoing instrument, and acknowledged to and before me that she executed said instrument for the purposes therein expressed. WITNESS my hand and official seal, this 1st day of N beS, NOV 16 1983 1983. � WE 450 Approved November 16, 1983 11A 7;or ub Board of County Commissioners N r Plii�ub Indian River County, Florida GV..