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Home My WebLink About0735 1~CAY AMENTI MORTGAGE NOTE y~b,u~~. ~t~ :~8~• y, i~~~a Principal Amount: Date ot Note: Ma~uricy Daee: ~'~q~r.ii.,~ r 7, 1! 7 4 ~e Inirr~# Rate~ Araortization Period: From the daY hereof to the Maturity Date. • Instalment Payment: ;+~'U ~ L„~_ . ~=J t i11:i 2=7t!!r@St ~ut~ .:,vc:: , 1974 F~rst Instalment Payment I?ate: FOB VALUE RECEIVED~ the underaigned and if more than one. jointly and severally (the Maker), dces hereby ; covenant and pmmise to paY to the order of Sun Bank of S~ Lucie County or to its aucceasora or asaigns (collectively the Payee)~ at its prineipal office at 111 Orange Ave., Fort Pierce, Fla. or at such other plsce as the Payee may deaignate to the Malcer in writing imm time to time. in legal tender of the United Statea, the Principal Amount together with interest at the Intereat Rate on the unpaid balance of the Principal Amount 'The eums due aad owing hereunder ahsll be payable during the Amortization Period in equal monthly inetalmenta. ~ch in the amount of the Instalment Payment, t6e Cirst such Inatalment Payaient to be made on the First Instalment payrment Date and subsequent Instalment Payments on the day o[ each month therea[ter until the Maturity Date whereupon the entire unpaid b~lance of priqcipal and intereat accrued and unpaid thereon ahall become due and pay able; each auc6 instalraent when paid shaU be applied Cist to the payment oE intereat on t6e unpaid balance at the In- tereat Rate and the remainder thereof to payment on account of principat. If any Instalment Payraent ahall not be paid when due, then the entire principal eum and acrrued interest 1~ere- I under sha11 becwme due and payable at once or thereafter, at the option of the holder of thia Note. The Payee may. at I its option. collect a late charBe not to ezceed two eenta for each one dollar of each Instalment Payment not paid when ~ due to reimburse the Payee for e:penses of aervicinB delinquent Inatalment Payments. Failure to ezerciae theae optiona ~ shall not conatitute a waiver of the right to e:ercise the same in the event of any subaequent default. !i It ia further agreed that the Y~iaicer aad ea~ endor~er. e~ur~iy ~u::.-:,a.~.:, ja:r.tt~ ar.3 ~ M 4.~I,. a!:sl1 ;!A~ e!11 irwta of I rnllection of this Note. including a reasonable attorney's fee. on failure to pay any Instalment Payment or any acrrued interest due hereunder on the due date thereof. This Note and all suais due hereunder shall bear interest at t6e highest ~ lawful rate of interest per annum in We State of Florida fmm the date when the principal and accrued interest under this Note shall be due and payable. 'The total interest payable hereunder ahall not in any one year e:ceed the highest lawful rate of intereat in the State of Flotida. I ' ~ Thia Note ia secured by a Mortgage. dated the date hereof. of property situated in the State of Ftorida. I The Maker agrees that it shall be bound by any aBreement e:tending the time or modifying the above terma of payment. made by the Payee and the owner or owneis of the property atfected by said Mortgage, wheWer with or with- out notice to the Maker, and the Maker shall continue liable to pay the amount due hereun~er. but with interest at a rate no Rreater than the Interest Rate, according to the terms of any such agreement of e:tenaion or modification. The unpaid balance of the Principal Amount, plus accrued interest ahall become due and payable at the option ot the Payee under the happening of an event by which said balance ahall or may become due and payable under the ternss of said Mortgage. , This Note may not be changed orally, but only by an agceement in writing, signed by the party against whom en- forcement of any waiver. change, modi~cation or discharge is sought. q11 parties to this Note, whether Maker. principal, surety. guarantor or endorser. hereby waive presentment for payment, demand, protest, notice of pmtest, and notice of diahonor. and ezpressly agree jointly and severally to remain and continue bound for t6e payment of the principal and interest provided tor by t6e terms of t6is Note. notwithstanding any extension or e:tensions of the time of, or for the payment of said principal or interest, or any change or changes in the amount or s~mounts 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 ali and every kind of notice of such e:tension or e:tensions, change or changes, and agree that the same may be made without the joinder of the Maker. : i-~~_ _ _c.:ress : P . G. :~ox 3~ . ~ r'ort i~i~:rc~, t iuricsa 33y~0 /s/ Laura B. Hancock BOOK ~ I PAGE ( ~t RaiN DS7 - PR11?IIG Rf f~A!! - . .....-r~_::, . - --'°Yre+~a~ g~':r..~° w~ ~ ~ -~y = T~ r`-{ . .