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Home My WebLink About1094 N1aRTGAGi ROTE • $100,000.00 ~ February 25, ?974 Amount af the Noto: Date of Note: ~iaturity Date: Tf171 lt2dl'8 Interest Rate: 8~, . tnterest Period: From the dute hareoE through Amortization Period: From the day ~?Eter the lntere9t Period to the MaWrity Date. Instalment 1'aynient: S 12 4 O. 0 ~ Firet Inst~~lmcnt Payment Date: Apl~l ZO ~ 1~74 FOR VALUE RF.C~IV: D, t:~e unc:rrsi~;ned and if more thln one, jointiv ~nd scv~ra:iy (thc ;~:aker). does hereby .rovenant and i~roniise to Nay to the o:dcr of SU:1 IIank Of $t. LUC1Z County o~ to its succc~sors or assi;,ns (co:~ectiveiy the P,yce). at its principal ofiic~ at l,lj Oranre Avenue, F01"t Pierce, Fldor at such othcr placc as t:~c Payce may desigr.~te to tF:e N?:~ker in writing from time to time. in IeFal te~ider of U:e Uniteci States, th.; Amount ot the Note or so much themof as rnay be ndvnnced (the Principal Amo~nt) hy the Paye~e pursuant to a construction lain agreement or lain commitment. betwcen the Maker and the Payce, to~ether ~vith interest at the Inlerest Rate on the unpaid baiance of ti?e Principal Ainoun~ During the Interest Pcriod interest from the datc of each advance. ~?t the Interest Rate, s:~all be payable monthly on the Pirst day of the montn fotlow~ing ihe month in wh:ch ihe first advance is made and on the firat day oE earh month thcrcafter; during thc Amoriization Period equal monthly instaiments, each in the amount of the Irwtalment Payment. - tnc first such Inst~~:ment ?ayment to ae made on ihe First InstalmenL Payment Date and sut~seqnent Ins4~iment Pay- incnts on the first day of er.c;~ month thereafter until the 1V(aturity Da:e wbereupon the entim unpaid balar.ce of princi{~1 aod intemst :~ccrued and unpaid thereon shall i?ecome due and pay~ble; each scch instalment when paid sh~il be f~pplied iirst to tlie payment ot internsi on the unpaid balance al the Interest Rate and the mmainder thereot to payment on account oi principal. ~ It interest or an~ instaLnenc Payment sh~l: noi be paid ~~hen due. tnen the entire principal sum an.-~ acerued interest hcreundcr shaii beco~ne aue ~nd >>ayat?lc at oncc or therea::er, :~L thc op:ion of the holdcr of `fAis \ote. The Payee n~ay. at its option. ~roliec: a l:+te charge r,ot to exce~:d :wo c~ nts for cacn one dollar of each Instatment Payment not E~aid .vi~en due to reimburse the Payee ~or expense.c o( xrvicing delinquent Irukzlment Payments. Failure to exercise these o~~lions shall not constitute a waiver oi the ribht to exercise the s.1me in the event of any subsequcnt de[ault ~ It is further ugreed that the ~Saker ar.d each endorser, sureiy. gaarantor, jointly and severally, shall pay ail costs of coliection oi this \ote, iaclcciing a re:.son:~bie s:torney's fee, on failure !o p:~y any tns~:?~meat Paymeat or ariy nccrued ; intcrest due hercunder on tne due datz thercof. This \otc and atl sums tiue nereunder srall bear interest at the highest ~ lawful rate of interest per annum in the Staie of Florida from the daie when the princip.~i and accrued interest under ~ this Note shall be due and payable. T'r.e toG~i interest payabie hereunder shall no: in any one year exceed the highest = ~ lawiul rate oE interest in tne Sta:e of r lorida. ~ ~ ~ Thi~ \ote is ~ccured by a~4ortga~c, dated the d:.te hereof, of property si:uatecl in the State of Fiorida. s f The ~;aker a~me~ t~ia. it ~hall be lwund by any ::~rcenicni ex:cr.din; .ha ti~nc or ma-~ifying tne afwve terms of pay- ~ ment, macte by thc Payc.: .~nci the o~vner or o~vners of the ;?ro~ierty af[ecied by s:~id A•iori;,age, whether with or t~ithout i notice to the ltaker, and the viaker sLall continue liable to pay ihe arnount due hereunder, but with interest at a rate ~ no greater than the Interest Rate, according io terms of any such~agreemeni ot extension or modification. ~ The uni~:~id lk~lance of ihe Principai Amount, plus acrri~ed interest shall become due and payable t+t the option of ~ the Payee unaer the happening oi an event by which said balance s:iall or may become dne and payable under the _ terms of said ~iortgage. • , - ~ ~ This i\ete may not be changed orally, but only by an agre~:ment in writing, signed by the party against whom en- ~ forcement of any waiver, change, mociificaiion or discharge is sought. All parties to tiiis tiote, whether ~taker, principai, surety, guarantor or endorser, hereby waive preseniment for ~ p~~-ment, dr:nand, ~rotest, not:re oi protes., ~nd notice of dishonor, and expressiy agree jointly and severaliy to remain anci continue tiound for the p:~yr.~ent of the principal and inter~t pro~~ded for by the terms o( 2his Note, notwithstanding ~ any eatension or extensions of the iime uf, or for t~ie payment of said principal or in:erest, or sny change or changes ~ in the amount or amounis abrecd to he paid unc:er or by virtue of the obligation to pay provided for in this Note, or r;; any chanFe or cnanges by way of release o: surrer.d~r or euiutituiion o[ any real pmperty and eoilateral, or either. held ~ as security ior this ~ioie, and waive all and every kind of notice of such extension or extensione. change or changee, and agree that the same may be made without the joinder ot the ~laker. 'c?; /s/ Laura B. Hancock .;a ~ f _ - - ~ 224 e~UE 10y3 ; , ~ ~ ~ ~ . ~ ~ _ : } ~ 5 i ~ ~ f; Y '~.~,~~L.i.- "a . . . _ . . ' . . _ _ . . . "