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Home My WebLink About0135 __._~tctsn,n~:~.... MORTGAGE NOTE ~ Princi~4i1 Amount: ~ n~~ ..^n - Date of Note: Fehril,arY Ia ~ 1~7a Maturity Date: ~ iay ] n~ j!18 n Interest R~te: 3 t` ~ Amottizatiun Period: fimm the dAy hereof to the Maturity Date. Instalment Payment: $ Fi 3 per month First Instalment Pnyment Date: M8y 1 O~ 1974 ~ FOR VAI.UF RF.CEIVED, the undersigned and if more than one, jointly :?nd severaUy fthe Maker), does hereby covenant and promice to pay to ihe ordcr of SUri Bank Of St. LLIClE County . or to ils sucre~sors or assigns (collcrtively the Payec?, nt its principal oitice at 111 Orange AV@. ~ FOY't Pieree, Fla. or at such othcr place as ihe Payee mny dc~igaate to the Maker in wriling irom time to time, in legat tender ot the L?nitcd States, the Princip:?1 Amount together with interest at the Interest Rate on the unpaid balanc-e of the Principal Amount. The ~ums due nnd owin~ henundrr stu~il be payahle durrng the Amortization Period in equal monthly instalments. carh in the :+mount of the Insialinent Payment, thc first such Inst~~iment Payment to be m~de on the First Instalment Y:~yment Date and subsequent Instalment Payments on the tirst dpy of each month thereafter unfil the M:~turity Date whereupon the entire unpaid halance of principai and intemst accrueci and ut4~aid theteon sha!! become due and }u~y- at~le; each such instalment when {raid shalt t?e applied lirst to the payment oE interest on the unpaid balance at the In- terest Rnte and the remninder thereof to ~k~yment on account of principal. If :?ny Inctalmcnt Payment shall not bc paid when due, then the entire principai sum and amrued interest here- under sh:ill txcome due and }rayabie at once or thereafter, at the option of the holder of this Note. The Payee may, at its option, coltect a late charKe not to exc•eed two ~rnts fot each one dollar of each Instaiment Payment not paid v~hen due to reimbur_;e the Payce for expenses of serviring delinquent Instalment Payments. Failure to exercise these options shall not constitute a N~ai~cr of the right to exenise the same in the event ot any subsequent default. It is further a~reed that ihe ~taker and each ei~dorser, surety, guarantor, jointly and severaUy, shaU pay aU costs of collection oE this Note, includ:ng a rcason.ible attorne_v's fee, on failure to pay any Inst~~iment Payment or ~ny acrrued interest due hereundcr on the due date thereof_ This Noie and all sums due hcreunder shall bear intereat at the highest ~ l:~K•ful rate of interest per annum in ti;e State of Fiorida from the date when the principal and accrued intereat under ~ this Nate c~all be due ~nd payable. Tne total interest payable hereunder shail not in any one year exceed the highest i la.vful rate of internst in the St.?te of Florida. ~ - i ~ ~ This ~iote is ~ecured by a vtortkage, dated the date hereof, of property situated in the State of Florida. t i The ;14.+ker :~~recs th~t it shall be bound by any agreement extending the time or modity'sng the above temLS of ~~ayment, m~de by the Pay~~c and the owner or owners of the property affected by said :4tortgage, whether with or Kith- out notice to the ~1aker, and the tiiaker shall continue liab[e to pay the amount due hereunder, but with interest at a rate no ~reater than the Interest Rate, accordinR to ihe term.g of any sucl: agreement of extension or modification. ~ € The unp:?id bala~nce o[ tne Principal Amount, pius accrued interest shall become due and payable at the option o[ g the Payee under the hapj~eninR of an event by which said balance shalt or may become due and payable under the terms ; of ~aid `f ortKage. , ; Thi~ 1\ote may not be chanFecf or:?Ily, but only by an agreement in writing, signed by the party against whom en- 2 fotrement ot any waiver, chan~e, modification or discharge is sough~ : 5 ~ All parties to this Ir'ote, ~~~hether ~faker, {~rinci~al, surety, guaranfor or endorser, hereby waive presentment tor ~ payment, dem~nd, ~~rotest, notire of protest, and notice of dishonor, and expressly agree jointly and severally to remain s and continue t~ound tor the payment o( the principal and interest provided for by the terma oE this Note, notwithstanding ~~ny extension or extensions of the time of, or for the payment of said principal or interest, or any change or changes in the amount or a~nounts agreed to be paid under or by viriue of ihe obligation to pay provided tor in thia Note, or any rh:~nge or ch:~nRes by way of mlease or s~rrender or substitution of any real property and coliateral, or either, held as security for this Note, and waive all and every kind ot notice of such extension or e:tensions, change or changes, and agree that the same may be made without the joinder of the 114aicer. 3 ~ /s/ Ronald A. Rubanowice Address: ona . P.u ar.owlce ~ 12 . 3.I 1. w. 1 o s t:~ Terrace = rtian~i, t'lc~ri3a ?3157 /s/ ,7oyce G. Rubanowice ; . a ~ ~ ~24 P.,~E 135 - - £ ~ - _ - - _ _ - ~ o ~