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Home My WebLink About0131 ~~~r.:.~~.t~. MORTGAGE NOTE T~' 1'rinci{snl Amount: $11 i OOO. Date °f h°c~: February 19 ~ 1974 ~laturity Date_ September 10 ~ 1989 Intcrcwt Rate: $~s Amortization Period: From the day hereof to the Maturity Date. Instalment Payment: 180 pay14el1t~ at $108.33 beqinninq September 10 ~ 1974 Fir4t InsG~lment Paymet?t Date: Sept@]~~8r l~ ~ 1974 FOR VALLIE RECEIVED, the under.~igned and if more thnn one, jointly und sevcrally ~the Maker), does hemby rnvenant and ~~romise to pay to the ordcr of SL1A Bank Of S't. Lucie CSunty or to its su~res~on or assi~ns (collectively the Payee), at its prine~Eh~t offic~e at 111 Orange AVE'. ~ c Ort Pieree , Fla . or at ~uch other ~~lace :?s !he Payee may designate to the M~ker in writing from time to time, in le~~l tender of the [Jnited States, the Princi;k~l Amounl together with intcrest at t:ie Interest Rate on the unpaid halance of the Principal Amount. The .ums due and o~vinR hereunder shall be payable during the Amortization Period in equal monihly instalments, e:ich in the :imount of thc Instalment Payment, the tirst such Instalment Payment to be macie on the First Inatalment P;~yment Dnte and sul~sequent Instalment Payments on the first day ot each morith thereafter until the 1~7aturity Daie «hereupon the entire unpaid balance of priqcipal and interest accrucd and unpaid theteon ahull bec~ome due and ~~y- :ii~le: e~ch such instalment w•hen paid shall be applied fitst to the g:~yment o[ interest on the unpaid balance at the In- terest Rate and the mmainder thereof to payment on account of princips~l. It :~ny Instalment Payment shall not be paid when due. then the entire principal sum and acerued internst ~ere- under ~hall imcome due and payable at once or thereafter, at the option of ihe holder oE this Note_ The Payee may, at its opiion, collecL a late charge not to excred two cents for each one doilar of each Instalment Pr~yment not paid when due to reimbur_se the Payee for ea{~enx~ of servicing delinquent InsG~iment Payments. Failure to exemise these options shall not constitute a waiver of the right to exemise the same in the event o[ any subseqaent de[ault. Tt is further aRreed that ,the ~laker and each endorser. surety, guarantor, joiritly and severally, ahall pay all costa ot coitection of this Note, including a masonable attorney's fee, on failure to ~my any Instalment Payment or any accrued intcrest due hemunder on the due date thereof. This Note and all sums due hereunder shali bear interest at the highest ~ la.viul rate of internst p~r annum in the State of Ftorida trom the date when the principal and accrued :nierest under thi~ I~ote shall be due ~nd ~~ayaUle. The total interest payaUle hereunder shall not in any one year e:ceed the highest lawful rate o[ interest in the State of Florida. ~ ~ f ! This \ote is secured by a\2ortga~e, dated the date hereof, of proF:erty situated in the State of Florida. ~ ; 'I'hc ~taker agrees that it shall be bound by ~ny agreement extending ihe time or moditling the above terms of payment, made tiy the Payee and the owner or o.~~ners of the property aftected by said Mortgage, wl+ether w~th or w•ith- . out notire ;o the \7aker, and the hlaker shall coniinue liabte to pay the amount due hereunder, but wilh interest at a rate no Krea~er than the Intcrest Rate, amordin~; to ihe tern~,s of any auch agreement of extension or modification The unpaid balance of the Principal Amount, plus accrued interest shail become due and payable at the option of the Payee under the }u~ppenin~ of an event by which said balance sha[I or may bec-ome due and payahle under the terms ~ of said A1ort~age. { • This Note may not be chan;.ed orally, but only by an agreement in writing, signed by the party against whom en- forcemenl of any waiver, change, modi:ication or discharge is sought_ . ~l • ; All parties to this \ote, whether Zta::cr, ~~rincipal, surety, gaarantor or endosser, hereby waive prnsentment for i~arn~ent, demand, protest, notice of prote~t, and notice of dishonor, and expresaly agree jointly and severally to remain = :m~i continue bound for the payment of the principal and interest provided for by the terms o[ t6is Note, notwithstanding ~ any extension flr extensions of the time o(, or (or the payment of said principai or interest, or any change or changea in ~ the amount or amounts agreed to be paid under or by ~~rtue of the obligation to pay provided ior in thia Note, or any ch:inge or changes by w:~y of mlease or surrender or substitation of any real property and collateral, or either. held as security for this Note, and w~aive all and every kind ot notice o[ auch e:tension or eztensions, change or changes, and agree that the same may be made without the joinder of the 1~Iaker. ~ 3 3 /s/ Peter C. Previte _ ~dress w PBtB= C • P=e~1t8 - P. O. Box 172 ' ~'T 1~^~~*~+, M~+s~Rachusetts 02581 { /s/ Ida R. Previte Ida R. Previte ~ a r i ~l.r i F~:%:i • - - - - , ' ~ w - - ~ . . . . . ~ : w:.,~