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Home My WebLink About2558 :~~~G:?7G~1~c tiG i ~ ~ ~ ':3r~:.: _??a Amount of tiie Notc: J J J J Date ot Noie: < `I.::1 _.:.~t~ \taturity Datc: Inlereat Rate: S~= Intereat Ycriod: Fmm the date hcreof ihrough f'1:1i 1, ~ 9 3•". - Amortization Pcriod: From the day after the Interest Period to the Maturity Date. Instalment Payment: S 1 O~.'~1 - Firat Instalment Pnyment Dnta: -c:l' 3. , 1~ 7 4 ~ F013 VALIIE R~C~IVLD, ihe un.'.ersi~nai anc: it more than one. ;oint:v ;~nd sevcra:iy (thc Maker), dces herchy iroven:~nt and promite to {~ay to the o:dcr oE SUII Bank Of $t. LL'C~@ COU:Ity or to its successor, or ..s~igns (coi~ectively the P:iyee). at its princ:p:~t ofiir~ at 11,1 Q:~CE? Avenue, Fort Pierce, Flaoc :?t such othcr placc as thc Payec may desi~n:ite to t.`.e Maker in writing from time to timc, in Ie~al tendc r of t}.e ll~ited States. t:~e Amount of the Note or so much thereof as may be advnnced (the Principal Amountl by the Payee pursu:~nt to a constructior, ia~n noreement or loan commitment, between the Maker and the Payee. togcther .vith interest at the Interest Ii.~te on the un}~aid b:~iance ot the Princi~~ai Amount. Durin~ the Interest Period interesi from the d:ite o[ each advance, nt the Intercst Rnte. shall be payable monthly on t;~e first day of the month fcl:ow~ing the month in which the tirst advance is made and on the first day oE each month thernafter; durin~ the Amortization I'criod equal monthly instalmenis, each in the amoUnt of the Instalinent Payment. tnc first such Instalment I'ayment to be mado on thc First Inst~l~r:. nt Payment Date and subsequent Instalment Pay- nients on the first day of eacn month thereafter uniil the D4aturity Daie ~vherea~>on the entire unpaid balance of principal and interest arcrucd and unt~.iid thercan shall become due and payable; each sLCh instatment when paid shall be applied first to the payment ot interes: on the unpaid 'oalance at the Interest Rate and the mmainder thereoi to payment on arcaunt of princii~.~l. If interest or any instalmeni P:~yment shall not be paid when due, then the entirn principal sum and accrued interest hereunder sh:tll become due ~nd payable at once o: themafter, ai the option of the nolder o: this ~iote. The Payee may, ~t its option, rollert a latr charge not to exce.•d :wo cents [or ~ach one dollar ot eacl~ Instalment Payment not paid ~vi~en due to rcimburse the Paycc ior ex{>enses of servicing dclinquent Instaiment Payments_ Failuce to exercise these options sh.111 not constitute a waiver of fhe right to exercise the same in the event oE any subs..~uent deiauit. It is turther aFreed that the D3aker :ui~ each cudoner, surety, guarantor, joir.tly and severally, shall pay all cos~a of coliertion of this \ote, includin~; a re:.sonable a:torney's tee. on failure to pay any ins:aiment Payment or any accrued interest due hercunder on the dae date thercof. This \ote and all sums due hereunder shail bcar interest at the highest . l~wful rate of interest p.:r annum in the Sta.e of Florida from the date when the principal and accrued interest under ' this I`ote shall be ciue and payabie. 1 he to:.11 interest payable hereander shall not in any one year exceed the highest ; i~wful rate of interc.wt in the S~ite of Floziala. I~ This Aote is secured by a~iortgage, dated the c:ate hereof, of pmperty si.uated in the State of Fiorida• ; -~h~ ~jakcr a,rcc; tnat it sha+l bc iio~md by any a~rcement extcr.din~ the t6mc or modifying the above terms of pay- ~ - ment, madc by the Payce anci the owncr or o~~•ner~ of the ,~ro;~c:ty af:ected by v~id~~3ort;,abe, whether with or without ! notice to tl~e ~iaker, ar.d the \iake- sSall rontir.uc iiab~c to pay the amonnt due here~nder, but with interest at a rate x no greater than ihe Intcre~t Rate. acrording to terr.is of any such~agreement of extension or moditication. ~ ' & The un~~aid b:.lance of the Principai Amount, , lus accrueu lnterest shall become due and payable at che option of ~ the Payce under the happenin~ of an event by which said balance shall or may become due and payable under the j; terms of said Mortgnge. • . - ~ ~ This ~otc rnay not be changed or~lly, but only by an agrcement in writing, signed by the party against whom en- ~ forcement of any waiver, chanee. modification or discharge is soughi ~ , All parties to tnis 1Totc, whether Maker, principal, svrety, guarantor or endorscr, heseby waive presentment for ~ pa~•ment, ae:nand, ~rolest, notice o: protest, and notice af dishonor, and expre.5sly agree jointly and severally to remain ~ ~nd continue lwund for the payment of the pr~ncii~al :~nd interest provided tor by the tercns of inis Note, notwithstanding ~ any extensioo or extensions oi the time of, or for iae payment of said principal or interest, or any change or changes ~ in the amount or amounts agrecd tn be pa:d under or by vir:ue o: ihe obligation to pay provided tor in this Note, or r: 4~ any change or changes by way of release or surrender or substitu:ion of uny real property and colSateral, or either. held ~ as security (or this Note, ana waive all and every kir.d of notice o: such extension or extensions. change or changes. and ~ agree that the same may be made without the joinder of the Maker. ~ /s/ William B. Nammond ,--s ,::`s /s/ Orean Hammond z> - ~ _ ~s~ C - ~5 _ 224 P,~~E25~7 ~ - ~ ~ ~ Y ~ ~ ~ ; ~ _ _ _ _ ~ _ ~ ; ~ ~ ~fi~~ ~ ~ ~ ,'~„F '°~,'..,~.e~~~ .,,F~~"-~.,,,~y~ 9 . ' , r . ~":..F' # ~r _ . . . , . ~ . .v. . _ ' ~ 'Y~'-'t ~ ~e a~- ;~4,..,..~.~.~ e._. . _ _ _ ~ . , . . _ ,~-5:': .~.,4.