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HomeMy WebLinkAbout2194 N~4t?TG~GE ~OT~ Amount of the ~Ioto: $23~5U0.00 Date of No~e: Fet~ruary :5, 1974 ~tn~u~~cy n.~ce: Ten Ye~rg Intereat Rate: a'S$ lnterest Ycriod: From the date hereo: thmugh Amorlization Period: From tho day atter tho Intereet Period to the Maturity Date. Instnlment Payment: ~ ~ 1 • y Firat Instalment Payment Date: ~~ril 2~ ~~'97~'~ ~ FOIt VALUE REC~IVI:D, the underi„ned ~nd if morc than one, jair.tlv ~nd scver:?~iy Ithe M1kcr1, ~~s hereby covcnaut and promisc to ,ay to the o:dcr o: $Uri Bank Of St. Ll1Cl~? COUII~y or to it~ ~ucces.eors or assions (col~ectivcly the Payce), at its ;~:incip:?1 offic.: at 111 Orange Avenue, FO~ t Pierce, F~.aor at such othcr ~~;acc as thc Payrc may designa:c ta tt~.e \3:~~cr in wri:ing irom time to timc, in teFal tender of t~.e tTnitc~ States, t: e Amount of the Note or so much thereo[ as may be advnnced (the Principal Antount) L~• the Payc~e pursuant to a construction Ioan ngreemeni or loan com~nitment, betw•een the b'I:tker and ihe Y:~yee, together wiih interest a: the Interest Rate on the unpaid b:iiance of the Yrincipat Amount. llurin~ thc Interest Pcr:od in/erest from thc ciatc of each advance. nt thc Interest Rate, sha11 be payabie monthly on the first clay of the montn Eollo~~•ing :he montn in ~~hich the first advance is made and on the first day o[ each month tt~rmafter; durin~ thc Amortization Perio3 equal monthly ins4~lments, each in the amount of the Instalment Payment. tnc first such Instalment i ayment to :~e made on thc Fir~t Instalmen2 Payment Date and subsequent Instalment Pay- ments on the iirst day of eac;i month thema[ter uniil the ~4aturity Date whereu;wn the entire unpaid balance of principal awci interest ~ccrued and unpaid ihemon sSaU become due and payable; each such instairr,ent when }~id shall be applied f~rst to tl~e ~k-?~ment of interes: on the unpaid balance al the Interest Rate and the mmainder thereo( to payment on account oi principal. If interest or any instalme~~t P~ym~~nt sha;l not i~e paid w•her~ due, then ttie entire principal sum and accrucd intere_:t hcremidcr shali tx~co~ne aue :~nd p:~yablc at oncc o: tl~crcaticr, ai the o,~tion of thc nolcicr of ihis Note_ The Payce may, at its option, coliect a late char~e not to ezcerd :~vo ccnts for each one dollar of each Instalment Payment not paid «•hen ~iue to mimburse the Payee for expens.s of se:vicing delinGuent Instalment Payments. Failure to exercise lhe_se o~~tions ~nail not constitute a w:~iver o: the ritiht to exenise 1t~e same in thc cvent of s~ny subsequent default_ It is turther agreed that the ~4aker ar.d eacn c:~do:~cr, surety, gu:?rantor, joir.dy and severally, shall pay all costs of c•oliection of this \ote, inrl?:ci:ii„ a r. ason:?ble a:torncy's fee, on failure to p:+y ~ny Instainieat Payment or any r~ccrued intcrest due hercunder on thc due d:.te ihereof. Th?c \otc a;.d all snms due nereunder shall bear interect at the highest la~~ful rate of interest ~~rr annum in the State of Florida tmm the date when the princii~al and acrrued interest under this `ote ~hall be due and payable. Thc total intcrest payable hercunder sha11 not in any one year exceed the highest ! la~tiful rate of interest in the 54~:e of Florida. i This I~ote is sccured by ~\tort~;a~e, aated th~ d::tc herco:, of pmj~erty situa:ed in the State of Fiorida_ ~ f The Zlaker arr. es ii?at it ~nall bc lwund ii}• any :.~;rcement extend'.ng tha t:mc or mo~ifying :he above terms oE pay- ment, made by the Payee and t:u owner or ou•ncrs of the pro~~erty affecied by tiaid \tortgare, wheiher with or without ~ notice to the ~iake:, and the ;.iaker s:~:i11 conti:iuc liai~le to pay the amount due hereander, nU1. with in:erest at a rate ~ no greater than the Intcrest I2ate, accorc:ing to terms of any such~agrcement oE exiension or modification. e . ~ The unpaid balance of the Princiaat Amount, ~lus accruea interest shall txcome due and payable at the option of the Payee under tne happening of an event by vvhich said balance shail or may become due und payable under the ~ tcrms of ~.~id ~4ortgage. • , - ~ ~ ~ This I~ote may not be changed oraily, but only by an :.greement in writing, signed by the party against whom en- ~ torcement of any waiver, chanoe, motiitication ot discnarge is sough~ ~ All parties to this 1otc, k•hc:hcr ~takcr, principat, surety, guarantor or endorser, her~by waive pre.centment for i~a~•ment, de:nand, protetic, notice oi protes:, and notice of dishonor, and expressly agree jointly and severa{ly to remain ~ and continue hound (or the payment o[ the princi~~ai ~nd interest provided for ~y the ter•ns of tnis Note. notwithstanding ~ any eztension or extensions oi ihe ti:ne of, or for t:ie payment of said principal or intere.;t, or any change or changes ~ in the amount or amoun:s agre~ to be paid nnder or by virtue of ihe obli;,ai:on to pay provided for in lhis ~Iote, or _ `~X any chanFe or changes by way of release or surrer.c:er or substitution o( any reai property and collateral, or either, held ~ as security (or this Note, and waive ali and every kir.d oE no:ice of such extension or eztenaions, change or changes, and r? agree that the same may be made without the joinder o( the v(aker. 4 r:i /s/ George Siamas _ ~ ~ Xeni Siamas . yJ . ~~r ~ . r=-~~ 224 f~.~~2193 ;`-•Yj-` • 7i '~=i 1 ~ , . - '::.e ~ .iy~ ~ ~ $ 3w . - . ~ ^~r. ~m'~ ~ ~ ~z~°~ ~ ~ ~'~;~.~..~.~_F~~" ry,~._ d -"`'T_ . . _ : . :