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Home My WebLink About2494 ~~ERY AHEMTI ~ MORTGAGE NOTE ~.pril 4 , :97~ Principal Amount: v 1 J J.~~~' Date ot Note: . Maturity Date: '~'jn ~'f:ill ~ Interest Rate: t~ 'f Amortization Period: From the day hereot to the Maturity Date. Inatalment Payment: ~ •1 • i ~rat Instalment Payment Date: . ' = ~ :1 , 3 7 y FOR VALUE RECEIVED. the undersigned and if more than one. jointly and severally (the Diaker). does hereby covenunt and promise to pay to the order of Sun Bank of S~ Lucie County or to its successors or assigns (collectively the Payee), at its principal office at 111 Orange Ave.. Fort Pierce. Fla. or at such other place as the Payee may designate to the Maker in writing from time to time, in legal tender of the United States, the Principal Amount together writh interest at the Interest Rate on the unpaid balance of the Principal Amoun~ The sams due and owing hereunder ahall be payable during the Amortization Period in equal monthly instalmenta. each in the amount of the Instalment Payment, the tirat such Instalment PaymenL to be made on the First Inatalment Payment Date and eubsequent Inatalment Paymenta on the tirst day o[ each month thereatter until the Maturity Date whereupon the entire unpaid balance of principal and intereat accrued and unpaid thereon shall become due and pay- ~ able; each such instalment when paid s6a11 be applied ti~at to the payment of interest on !he unpaid balance at the In- terest Rate and the remainder thereof to payment on account oi principal. If any Instalment Payment ahall not be paid when due, then the entire principal sum and accrued interest here- under shall become due und payable at once or thereafter, at the option of the holder of this Noce. 'I~he Payee may, at its option, collect a late charge not to ezceed two cents for each one dollar of each Instalment Payment not paid when due to reimburse the Payee tor e:penses of servicing delinquent Instalment Payments. FailurelQ..e:ercise these options shall not constitute a waiver of the right to e:erci.4e the same in the event of any subeequent default. It is further agreed that the Maker and each endorser. aurety, guarantor. jointly and aeverally, shall pay all coats of collection of this Note. including a reasonable attorney's fee. on failure to pay any Instalment Payment or any accrued 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 Florida from the date when the principal and accrued interest uncie: this Note shall be due and payable. The total interest payable hereunder shall not in any one year e:ceed the hiBhest lawful rate of interest in the State of Florida. This Note is secured by a Mortgage. dated the date hereof, of property situated in the State of Florida. IE 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 the owner or owners of the property atfected by said Mottgage. whether with or with- ~ out notice to the Maker. and the Maker shall continue liable to pay the amount due hereunder, but with interest at a ; cate no greater t}tan the Interest Rate, accordinK to the ~erms of any such agreement of extension or moditication. The unpaid balance of the Principai Amount, plus acctued intereat shall become due and payable at the option of the Payee under the happening of an event by which said balance shall or may become due and payable under the terms of said Mortgage. This Note may not be changed orally. but only by an agreement in writing, signed by the party againat whom en- fotcement of any waiver, change. modification or discharge is sought All parUes to this Note, whether Maker, principal, surety, guarantor or endorser, hereby~ waive presentment for payment, demand, protest, notice of protest, and notice of dishonor, and e:pressly agtee jointly and severally to retnain and continue bound [or the payment of the principai and intere.st provided tor by the terms of this Note, notwithstanding any eztension or e:tenaions of the time of, or tor the payment ot said principai or intetest. or any change or changes in the amuunt or amounts agreed to be paid under or by virtue of the obligation to pay provided (or in this Note~ or any change or changes by way of release or surrender or substitution of any teal properiy and collateral, or either, held as security [or this Note, and v?aive all and every kind of notice of such e:tension or e:tensions, change or chanqes, and agree that the same may be made without the joinder of the Maker. r•~~a : 3:326 ~t. :=ar:cs fto ~~i µ ForL Pi~r~~, ri~rici~ ~ ~ _ /s/ Richard A. Flanigan ~ ~ /s/ Alice J. Flanigan ~ - ~ e~c 22J ~~4~$ tarN 9z~ - F~l~:tr, er aE,~~. ~ - - . ~ : s , ; ,:e~. ~ ~ ~ . - , - _t _.._W~..._~. .__~..a~_