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Home My WebLink About1537 ~ Pf QYANC MT ~ MORTGAGE NOTE pate of Note: I+,, ~ 11 1) , 7~ • Principal Amount: J``": .i s < Alaturity Date: 'ii:I1 i~dL.~ . _ Interest Rate: 1 - Amortization Period: From the day hereof to the Maturity Date. Instalment Payment: a ~ ~ j~ • ~ ~ ~ i First Instalment Payment Date: ~ J~:' 1>> 1) ~ i FOR VaLUE RECEIVEU. the undersigned and if more thun one, jointly and secerally (the ~Iaker), dces herebp _ corenant and pmmise to pay to the order of Sun I3ank of St. Lucie Count~ or to its successors or assigns (collecti~ely the Payee), at its principal office at 111 Orange A~e., Fort Pierce. Fla. or at such other place as the Pa~ee may designate to the Maker in v?-riting from time to time. in legal tender of the United States. the Principal Amount together H-ith interest at the Interest Rate on the unpaid balance of the Principal Amount. The sums due and owznK hereunder shall be payable during the Amortization Period in equal monthly instalments, each in the amount of the Instalment Payment, the (irst such Instalment Payment to be made on the First Instalment Payment Date and subaequent Instalment Payments on the t. t day ot each month thereatter until the Maturity Date whereupon the entire unpaid balance ot priqcipal and interest accrued and unpaid thereon shall t~ecome due and ppy- able; each such instalment when paid shail be applied first to the payment of interest on the unpaid balance at the In- terest Rate and the remainder thereof to payment on account oi principal. . s If any Instalment Payment shall not be paid when due, then the entire principal sum and accrued interest hete- under shall become due und payable at once or thereafter, at the option of the holder ot this Note. The Payee may, at its option, coltect a Iate charge not to ezceed two cenls for each one dollar of each Insta2ment Payment not paid when due to reimburse the Payee tor e:penses of servicing delinquent Instalment Payments. Failurn to exemise these option4 shall not constitute a waiver of the right to exercise the same in the event of any subsequent defauit. It is further agreed that the Maker and each endorser, surety, Buarantor. jointly and severally, shall paY all costs of collection of this Note, including a masonable 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 shali bear interest at the highest lawful rate of interest per annum in the State of Ftorida trom the date when the principal and acerued interest unc;er this Note shall be due and payable_ The total interest payable hereunder shall not in any one year exceed the highest I iawful rate of interest in the State of Florida. ~ € This Note is secured by a Mortgage, datc•d 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 j whether with or with- ` payment, made by the Payee and the owner or ovmers of the properiY atfected by said Mortgage, : out notice to the Maker, and the Maker sha{I continue liable to pay the amount due hereunder, but with interest at a rate no greater than the Interest Rate, accordinR to the terms of any such agreement of extension or modification. ~ ~ The unpaid balance of the Principal Amount, plus accrued interest shall become due and payable at the option of the Payee under the happening of an event by which s~~id 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 against whom en- f forcement of any waiver, change, moditication or discharge is sought. ~ ~ All parties to this Note, whether Maker, principal, surety, guarantor or endorser, hereby waive presentment for payment, demand, protest, notice of protest, and notice ot dishonor, and e:pressly agree jointly and severally to remain ~ and continue bound for the payment oi the principal and interest provided for by the terms of this Note, notwithstanding any extension or extensions of the time oi, or tor the payment ot said principal or interest, or any change or changes ~n - the amount or amounts agreed to be paid ander or by virtue of the obligation to pay provided for 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 tor this Note, and waive all and every kind ot notice of such extension or e:tensions, change or changes, and , n:. ~ F~, agree that the same may be made without the joinder of the Maker. # - ;r'., `~~)7 .r ~ ..~.r. r . ~ . : ' - , _~lC. ~ - : ULC 2'1~i:C~:, a lt~~l ~_.~U - ~ = /s/Ernest E. Chandler ~ : . ~ , _ /s/ Pauline E. Chandler sz. _ . r - :fi~z ~;;c .~F ~ 9',`_ i a ~ ::i F:AI 92d - Ff.:r.:,r; er xe~t~ $Q~i~ivV ~~~~~VV ~=i: _ . - ; _ -