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Home My WebLink About0139 ~COM~iw...~~un ?wo w?w1~~A~M~~ . MOgTGAGE NOTE ~ Amount of the Notc: '30~000.0~ D:ite ot Note: tiflc~~;~y u.~~e: March 1, 1964 Interest Rate: 8 ~ $ ~ Interest Period: From the date hereot through Mareh l, 1984 Amortixation Period: From the day after the Interest Period to the Maturity Date. Instalment Pnyment: ~ 572. 24 per year - First Instaiment ~'ayment Date: M8Y'C}l 1, 19?5 t FOR VALUE RECEIV~D, ttie ~ndersigned nnd if more than one, jointlv ~nd severally (the Mnker), does hereby covenanl and promise to {wy to the order of SUri Bank Of $t. Lueie County or to its suire~ors or ~ssi~ns (coileciive~y the Payee), at its principal office at jjl Orange Avenue, Fort Piexce, Flcaor at such olher place as thc Puyee may desiRnate to the Ma::er in writing trom time to time, in le~al icnder of the United States, the Amount of lhe Note or so much thereof as may be advanced (the Principal ' Amount) by the Payee E~ursuant to a construction loan agreement or loan commitment, betK•een the Maker and the Yayee, together K•ith interesi <~t the Interest Rnte on the unpaid b:~lan~ of the Principal Amount. Durin~ the Interest Periai interest from the date of each advance. ~t the Interest Rate. shall be puyable monthly on the tirst day of the month following the month in which the titst advance is made and on the tirst day a[ each month thereafter: du~ing the Amortization Period equal monihly instalments, each ~n the amount of the Instalment Payment, the first such Instalment Payment to Ue made on the First Inst~-~Iment ~ayment -Date and subsequent Instaiment Pay- ments on the first d:~y of each month thereafier untii the Maturity Date whemupon ihe entire unpaid balance of principal :ind interest :iccrued and unpaid the~eon shall become due and payable; each such instalment when paid shall be applied tirst to the payment of intemst on the unpaid balance at the Interest Rate and the remainder thereo( to payment on accounL of t~rincipal. If interest or any Inst:~lment Pa~•ment shall not be ~x~id ~~•hen due, then the entirn principal sum and accrued interest hereunder sha!( beconie due and payable at once or thereafter, ai !he option of the holder of this Note. The Payee m:iy, at its o~~tion, coliecl a laie charge not to exceed two cents !or each one doliar of eac-h InsL~iment Payment not paid j when due to reimburse the Payee [or expen,ses of servicing delinquent Instalment Payments. Failure to e:ercise these optionv chall not constitute a waiver of the right !o exemise the same in the event of any suhsequent de[ault. I f It is furiher agreed that the Ataker and each endor~er, surety, ~uarantor, ointl and severall shall .j y y, pay all costs of ; coliee•tion of this Note, inc-luu'in~ r~:isonable attomey's iee, on failure to pay any Instalment Payment or any accrued - ~ intc:est due hercunder oi~ the due date thereof. 'Chis Note and all sums due hereunder shal( bear interest at the highest ~ lawfuf rate of interest per annum in the SL~te of Florida from the date wnen the principal and acer?~ed interest under i this Note shal! be due and ~>ay^<~bie_ Z'he total interest payable hereunder sl~ali not in any one year exceed ihe highest € lawful rate of intcrest in tne State of Flotida. i - ~ This !\ote is secured by a\:ort~a~e, daf~d the date hereof, of property situated in ihe Siate of Florida_ i ~ ; The liaker a~rees that it shall be bound by any z~reement extPndin~; the time or modifying !he above terms of pay- ~ ment, made by the Payee and the o~~~ner or owners of the prq{~erty affected by said Mortgage, whether with or withoul notire to the ~faker, and thc 14aker shall continue liabte to pay the amoant due hereander, but w•ith interest at a rate j no ~reater thln the Interest Rate, acrording to terms of any surh~agreement of extension or modification. r s The un, aid halance of the Principal Amount, plus acrrued interest shall become due and payable at the option of g the Payee under the hap~~eninq of an event by which said balance shall or may become due and payable under the terms of ~~id iiortgage. - ~ ~ K This ;`ote may not be chan~ed oraliy; but oniy by an aRreement in writinR, signed by the party against whom en- ; forrement of any waiver, chan~e, modification or discharRe is sought_ . ~ > ; All pariies to ihis `ote, whether b4aker, principat, sureiy, guarantor or endorser, hereby waive pre_sentment for ~ p:~vment, dFinand, protest, noti~•e of ~rotcst, and notice ot dishonor, and expressly agree jointly and severally to remain ~ :?nd continue iwund ior the payn:ent ot the princi~~al and interest provided for by the terms of this A`ote, notwithstandinR ? .iny extension or extensions of the time of, or for the payment of said principat or interest, or any change or changes ' in the amount or amounts agrcecl to be i?aid under or by virtue of ihe obligation to pay provided for in this Note, or ' any chan~e or changes by way of release or surrender or substitution of any rnal property and collateral, or either, held as security for this tiote, and waive all and every kind of notice of such extension or extensions, change or changea, and ; agree that the same may iie made without the joinder of the Maker. :3 s s ~ /s/ Joseph J. Fruehwirth ; /s/ Shirley M. Fruehwirth ~ AQdress: ~ ~ 66 Hyde Dlvd. ~ ~ Ballston Spa, New~York 12020 ' . ~2~ Fa~~E ~ a .k - ' ~ ~ r.~ t. ~ ~`q~ r . " , K ~ rE . , . , . . . . . - . - . . : - . ti ~ ' - - . . r7 . . _c ~ - ,c.»:- •:,~i y :2~-, ~_i.~: l, _ h~ . . . _ ~w.~_ _ . _ _ _ , _ . _ . ~.'",a _