SATISFACTION: The Debt evidenced by this Note has been satisfied in full this ______ day of __________, 19__. Signed: ________________________________ BALANCE PURCHASE MONEY PROMISSORY NOTEBalance Purchase Money Promissory Note • April 14th, 1999 • American Marine Recreation Inc • Retail-auto & home supply stores
FOR VALUE RECEIVED the undersigned, jointly and severally, promise to pay to THOMAS T. ARCHER and wife, MARTHA CASHION ARCHER or order, the principal sum of THREE HUNDRED THOUSAND AND NO/100 DOLLARS ($300,000.00), with interest from May 30, 1998, at the rate of EIGHT AND 50/100 percent (8.5%) per annum on the unpaid balance until paid or until default, both principal and interest payable in lawful money of the United States of America, at the office of THOMAS T. ARCHER and wife, MARTHA CASHION ARCHER, 211 Winthrow Creek Road, Mooresville, NC 28115 or at such place as the legal holder hereof may designate in writing. It is understood and agreed that additional amounts may be advanced by the holder hereof as provided in the instruments, if any, securing this Note and such advances will be added to the principal of this Note and will accrue interest at the above specified rate of interest from the date of advance until paid. The principal and interest shall be due and payable as follows:
January 1, 1995 AMENDMENT TO BALANCE PURCHASE MONEY PROMISSORY NOTEBalance Purchase Money Promissory Note • December 10th, 1998 • Merkert American Corp • Wholesale-groceries, general line
