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2003_Resolutions
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2003_Resolutions
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11/22/2024 4:03:49 PM
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CURRENT
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AMENDED NOTE <br />U.S. $17,000.00 Charlottesville, Virginia <br />,2003 <br />FOR VALUE RECEIVED, the undersigned, jointly and severally, promise(s) to pay to <br />the order of the City of Charlottesville, a municipal corporation (hereinafter sometimes referred <br />to as ,,City,), the principal sum of Seventeen Thousand Dollars ($17,000.00)• Principal shall be <br />due and payable on June 30, 2004. <br />The undersigned hereby waive homestead and all other exemptions which may be waived <br />with respect to this obligation. Presentment, protest and notice of dishonor are hereby waived. <br />Right is reserved to anticipate the payment at any time of all or any part of the <br />indebtedness evidenced hereby without penalty. <br />If the amount due under this Note is not paid when due, then the entire indebtedness shall <br />at once become due and payable at the option of the City, and interest on the unpaid balance <br />shall begin running on that due date at the rate of eight percent (8%) per annum. The City may <br />exercise its option to accelerate during any default by the maker hereof regardless of any prior <br />forbearance. <br />If suit is brought to collect this Note, the City shall be entitled to collect all reasonable <br />costs and expenses of suit, including, but not limited to, reasonable attorneys fees and court <br />costs. <br />WITNESS the following signature and seal. <br />FOCUS OF CHARLOTTESVILLE & ALBEMARLE <br />By: <br />Title: <br />0 <br />
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