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Home My WebLink About2936 ~PFRMANFN~1 MORTGAGE NOTE Princi~wl Amount: , ~ i: ' v Date ot Note: - ~ ~ r~" i 1 ~ , ~ ~ Maturity Date: 'i'c~n j E?aY'S interest Rate: ~ ~ ~ Amorlization Periad: From the day hereot to the Maturity Date. Instalment P~yment: $ 9 ~ • Z ~ Fitst lnstalment Payment Date: ~u i • FOR Y~?LUE RECEIVED. the undersigned and if more thsn one. jointly and severally (the ~Iaker). does hernby co~•enunt and promise to pay to the order of Sun Bank of St. Lucie County or to its successors or assigns (collectively the Payee), at its principal office at 111 Orange A~e.. Fort Pierce. Fta, or at such other place us the Pu.ree may designate to the ~iaker in writing from time to time, in legal tender of the United States. the Principal Amount together K•ith interest at the InterESt Rate on the unpaid balance of the Principal Amount. The sums aue and owing hereunder shall be payable duting the Amottization Period in equal monthly instalments, each in the amount ot the Instalment Payment, the tirst such Instalment Payment to be mude on the First Instalment Payment Date and subeequent Inatalment Payments on the first day of each month thereatter until the Maturity Date whereupon the entire unpaid baiance o[ priqcipa! and interest acctued nnd unpaid thereon shall become due and pay- able; each such instalment when paid shall be applied tirst to the payment of interest on the unpaid balance at the In- terest Rate and the remainder thereof to payment on acrnunt o( principal. If any Instalment Payment shall not be paid when due, then the entire principal sum and arcrued interest here- under shall bec~ome due and payable at once or thereatter, at the option o[ tt~e holder of this Note. The Payee may, at its option, rnllect a late charge not to e:ceed Ewo cents for each one dollar o[ each Instalment Payment not paid when due to reimburse the Payee for expenses of servicing delinquent Instalment Payments. Failure to exerrise the.,e options shall not constitute a waiver of the right to exercise the same in the event of any sulaeequent de[ault. It is turther agreed that the Maker and each endorser, surety, guarantor, jointly and se~•erally, siu~ll pay all costs of collection of this Note, including a reasonnble attorney's [ee, on tailure to pay any Instalment Payment or any acrrued interest due hereunder on the due date thereof. This Note and all sums due hereunder shall bear interest at the highest lawful rate of interest per annum in the State of Fiorida from the date when the principal and acrrued interest unaer this Note shall be due and payabte. The total interest payable here~nder shall not in any one year exceed the highest lawful rate of interest in the State of Florida. Thig Note is secured by a Morigage, dated the date hereof, of property situated in the State of Florida. The Maker agrees that it shall be bound by any agreement extending the time or modifying the above terms of payment, made by the Payee and !he ov~mer or owners of the properiy affected by said Mortgage, whether with or K7t}I- out notice to t6e Alaker, and the Maker sha11 continue liable to pay the amount due hercunder, but with interest at a ' ; rate no greater than the Interest Rate, accordinR to the terrr~ of any such agreement of extension or modification. ; The unpaid balance of the Principal Amount, plus acrrued interest shall become due and payabte at the option ot G the Payee under the happening of an event by which said hatanc~e shall or may become due and payable under the terms ~ of said Mortgage. This Note may not be changed orally, but only by an aqreement in writing, signed by the party against whom en- ' fotcement of any waiver, change, modification or discharge is sought. i 3 ' ; All pariies to this Note, whethar Maker, principal, surety, quarantor or endorser, hereby waive presentment tor 3 payment, demand. ~rotest, notice of ~~rotest, and notice of dishonor, and expressly agree jointly and severally to remain ; and continue bound (or the payment o( the principal and internst prorided (or by the terms of this Note, notwithstanding any extension or extensions of the time of, or for the payment ot said principal or interesf, or any change or changes in the amount or amounts agreed to be paid under or by virtue of the obligation to pay provided tor in this Note, or any _ change or changes by way of release or surrender or substitution of any real property and collateral, or either, held as security for this Note, and w-aive all and every kind ot notice of such eztension or extension's, change or changes, and agree that the same may be made without the joinder of the A4aker. a € i /s/ Fannie G. Eller ; Y 9 F_AM J93 ~ FF:3::i: Pl HE~I~! Y r_! 224 {~.i.C ~ ~ ~ i ~ x~ ~m ~ k . ~ sti.d - . ~ - s yrx~~ _ t~^~~~ _ , _ . _ ~ r~r ~ ~ ,.a~ ~ ~ ~