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Home My WebLink About1110 f i 1~[IIMAN[N~1 S MORTGAGE NOTE Y ~ _ , . Date of Note: - ' ~ ~ ' ~ 7 ~ Principal Amount: Maturity Date: i'u=t 'i~ .:r:s Interest Rate: ' " Amorlization Period: From the day hereot to the Maturity Date. Inatalment Payment: ' 1 j flrst Instalment Payment Date: 1~~ 7•i FOR VALUE RECEIVED~ the undersigned and if more than one. jointly and aeverally (the ~iaker), doea hereby covenant and pmmise to paY to the order o! Sun Bsnk of St Lucie County or to its suaesaora or assigna (collectively the Payee)~ at its principal office at 111 Orange Ave.~ Fort Pierce. Fls. or at such other place as the Payee may designate to the Maker in wiiting from time to time, in legal tende: oi the United Statea, the Principsl Amount together with interest at the Intereat Rate on the unpaid bilance of the Principal Amount The aums due and owing hereuader shall be payable duriug the Amorti:ation Period in equal monthly instalments. eac6 in the amouat oE the Insislment Payment, the tirst su Ipstalment Payment to be made on the Fitat Instalment Paymeat Date and subsequent Instalment Payments on t6e ~"day ot ~ch month therea[ter until the Maturity Date whereupon the entire .unpaid balence of priqcipal and interest accrued and uapaid thereon ehall become due and pay- able: each such inatalment when paid s6a11 be applied first to the payment ot intereat on the unpaid balance at the In- terest Rate and the remainder thereof to payment on account of prin~~ipal. " If any InstaUnent Payment ahall not be paid wMn due, then the entire PrinciPal sum and accrued interest here- under ahall be~.~ome due and payable at onee or thereaiter. at the option of the holder of this Note. T1ie Payee may. at ita option. coliect a late charge not to'r~ceed two oents for each one dollar of e~ch Inatalment Pay~nent not paid when due to reimbut~ee the Payee for e:pe~es of aervicin8 delinquent Instalment Paymenta. Failure to e:ercise these optiona shall not conatitute a waiver of the right to e:erci.9e the eame in the event of any subeequent default It is further agreed thet t6e Maker and each endoraer, snrety. Buarantor, jointly and eeverally, shall pay all coeta of rn1leMion of thia Note. including a reasonable attorney's fee. on failure to p~y any Instalment Payment or any secrued intereet due hereunder on the due date thereof. This Note and all aums due hereunder shali bear intereat at the highe.st lawful rate of interest per annum in the 3tate of Florida from the date when the principal and accrued interest under this Note ahall be due and payable. The tofal intereet payable hereunder ahall not in any one year ezcced the highest lawful rate of interest in the State of Florida. ~ This Note is aecured bY a Mortgage, dated the date hereof, of property sitaated in the State of Florida. ; The Maker agrees that it shall be bound by any agreement e:tending the time or modifying the above terms of E payment. made by the Payee and the owner or owners of the pmperty affected by said Mortgage, whether with or with- ~ out notice to the Maker, and the Maker shall continue liable to pay the amount due hereunder. but with intereat at a ~ rate no greater than the Interest Rate. accordinq to the terma of any auch agreement of e:tension or modiCication ~ The unpaid balanoe of the Principal Amount. plas aocrued interest 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 ternss of said Mortgage_ ~ ~ Thia Note may not be changed orally, but only by an agreement in writing, aigned by the party againat whom en- ; forcement of any waiver. change. modification or discharge is soughk ` All parties to this Note, whether Maker, principal. anrety. guarantor or endorser, hereby waive presentment for payment, demand. protest. notice of protest. and notice of dishonor, and ezpreaely agree jointly and severally to remain and continue bound tor We payment ot the principal and interest pmvided for by We terme of t6is Note. notwithstanding any eztension or eztenaions of the time ot, or tor the payment of esid principal or interest, or any change or changes in the amount or amounta agreed to be paid under or by virtue of We obligation to pay provided for in Wis Note, or any c6ange or changes by way of release or surrender or su6stitution of any real pmperty and collateral, or either. held as , security for this Note, and v?aive all and every kind of notice ot such eztension or e:tensiona, change or changes, and agree t6at t6e same may be made wit6out t6e joinder of t6e Maker. ~ ..:c:r•~ss . lvt~ ~ ~ iv~~ ~ , _ . . 1 3 _S t ' ~ /s/ Ronald B. Williams /s/ Doris L. Williams BOOK PAGE FttM 9E7 - PRIITIIG dl aAl~ , _ _ . Y n ~'~°'~~6 . _ - nM- _ -:,:s ~ . -kr~.~~, s _ _„~r~ - . - - , _