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Home My WebLink About1025 ~PENMANCNII . 1 ~ MORTGAGE NOTE ~ : 34, 500, UO Date of Note: I~:~y 10, 1974 ~ Principal Amount: Maturicy Daee: July l. 1')T9 Intereat Rate: ~Jl'o ~ Amortization Period: From the day hereof to the Maturity Date. ~ Instalment Payment: s93.42 ~ i Firat Instalment Payment Date: fuiy l, 1y7~ ~ FOR VALUE RECEIVED. the undersigned and if more than one, jointly and severally (the Jtaker). dces hereby covenant and pmmise to pay to the order of Sun Bank of St Lucie County or to its successors or assigns (collectively the Payeel. at its ptincipal of~ce at 111 Orange Ave., Fort Pierce, Fla. or at such other place us the Payee may designate to the Maker in w~riting from time to time. in legal tender of the United States. the Principal Amount together Hith interest at the Intereat Rate on the unpaid balance of the Principal Amoun~ The sums due and owinR hereunder shall be payable duting the Amortization Period in equal monthly instalmenta, eac6 in the amount ot the Instalment Payment, the first such Inatalment Payment to be made on the First Inatalment Payment Date and sub~equent Instalment Paymenta on the fi~st day ot each month thereafter until the Maturity Date whereupon the entire unpaid balance o[ priqcipal and interest accrued and unpaid thereon ahall become due and pay- able; each such instalment when paid shall be applied (irst to the payment of interest on the unpaid balance at the In- terest Rate and the remainder theteot to payment on account of principal. If any Instalment Payment shall not be paid when due, then the entire principat sum and accrued interest here- ~ under shafl become due and payable at once or thereafter. at the option of the holder of this Note. The PaYee maY. at its option, collect a late charge not to e:ceed two cents for each one dollar ot each Instalment Payment not paid when due to reimburse the Payee for e:penses of servicing delinquent Instalment Payments. Faiture to e:emise these options shall not constitute a waiver of the right to e:ercise the same in the event of any subsequent default. ~ i. e..a~.... .....ma *~,ar ~i+e Makar anrl Pach endorser. sutetv. Ruarantor, joinUy and severaUy, ahall pay all costa o! ~ aa b •u~a~w• up~...... collection of this Note, including a reasonable attorney's tee, 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 principat and acrrued interest unuer ~ this Note shall be due and payable. The total interest payable hereunder shalt not in any one year e:ceed the highest 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. j The Maker agrees that it shall be bound by any agteement e:tending the time or modifying the above termg oE ~ ' payment, made by the Payee and tt~e owner or owners of the property affected by said Mortgage, whether with or with- ~ c out notice to the Maker, and the Maker shall continue liable to pay the amount due hereunder. but with intetest at a g rate no greater than the Interest Rate, according to the terms of any such agreement of eatension or modiGcation = The unpaid balance of the Principal Amount, plus accrued interest shall become dae 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 against whom en- _ forcement of any waiver, change, modification or discharge is aought. All parties 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 agree joinily and severally to remain i and continue bound tor the payment ot the principal and interest provided tor by the terms ot this Note, notwithstanding ~ t any eztension or e:tensions of the time of, or for the payment ot said principal or interest, or any change or changes in the amount or amounts agreed to be r-~id under or by vittue ot the obligation to pay provided for in this Note, or any change or changes by way of releasF or surrender or substitution of any real property and collateral, or either, held as security for this Note, and v?aive all :~~d every kind of notice of such e:tension or eatensions, change or changes, and agree that the same may be made M ithout the joinder of tt~e Maker. a~: / s / John Krystopher f ~ /s/ Doretha Krystopher t 600K ~~7 PACE 4 FSRY 3?3 - ~F,-iti.f: ?T hFAP.7 . _ , . r~,~T:.,_'. . _ _ _ _ . ~~-`+a. ~ _ i - F~~7;..~,