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HomeMy WebLinkAbout2022 _ s ~ ~~ERYANENrI ~ MORTGAGE NOTE Principal Amount: Date ot Note: May 17, 1974 =5. 000. 0~ Maturity Date: July 1. 1984 ~Qe~~t x~c~: 8'Y. pmortizauon period; F`rorn the day hereof to the Maturity Date. Instalment Payment: ~60. 67 F'irat Inatalment Payment Date: Jul~ 1. 1974 FOR VALUE RECEIVED. the underaigned and if more than one, jointly and severally (the Maker), does hereby covenant and promise to paY to t1?e order of Sun Bank oi S~ Lucie County or to its suaessors or assigna (collectively the Payee)~ st its principal of~ce at 111 Orange Ave.. Fort Pierce~ Fla or at such other place as the Payee may deaignate to the Maker in v~riting imm tirae to time~ in legal tender of the United States, the Principal Amount together with intereat at the Interest Rate on the unpaid balance oi the Principal Amount~ The suma due aad owinR hereunder ahall be payable dusin8 tbe Amortization Period in equal monthly inatalmenta. each in the amount oE the Inetalment Payment, the first such Instalment Payment to be made on the First Instalment Payment Date and subsequent Inatalment Payments on the tirst day ot each month thereafter until We Maturity Date whereupon the entire unpaid balance oE principal aad interest accrued and uapaid thereon ahall become due and pay- able; each sach instalment when paid shall be applied Cist to the payment of interest on the unpaid balance at the In- tereat Rate and the remainder tbereof to payment on account of principal. If any Instalment Payment shall not be paid when due, then tbe entire princiPal sum and accrued intee+est bere- under aha11 become due and payable at once or thereafter, at the option of the holder of this Note. 'Ihe PaYee maY. at ita option. rnllect a late charge not to ~ceed twro centa for each one dollar of each Instalment Payment not paid when due to reimburse the Payee for e:pensea oE servicinB delinquent Instalment Payments. Failure to e:erciae these optiona shall not constitute a waiver ot the right to exercise tbe same in the event of any subaequent default. It is further agreed that the Malcer and each endoreer. surety, guarai?tor. jointly and scverally. ahall pay all coate of i collection of this Note, including a reaeonable attorney's fee. on failure to pay any Instalment Payment or any accrued interest due bereunder on the due date thereof- 'I'his Note and all awna due hereunder shall bear interest at the highest lawfu! rate oE interest per annum in the State of Florida trom the date when the principal and aocrued interest under this Note ahall be due and payable. The totai interest PaYable hereunder shall not in any one year e:ceed the hi8hest lawful rate of interest in the State of Florida. 'This Note is secured by a Mortgage, dated the date hereof, of property aitnated in the State of Florida. i The Maker agrees that it shall be bound by any agreement e:tending the time or modifying the above terma of ~ payment. made by the Payee and the owner or owneis of the property affected by said Mortgage, whether with or with- ~ out notice to the Maker, and the Maker shall continne liable to pay the amount due bercunder. but with intereat at a ~ rate no greater than the Interest Rate. aecording to the terms of any such agreement of eztenaion or modification. The unpaid balance of the Principal Amount. plns accrued intereat shall, become due and payabte at the option of the Payee under the happening of an event by which said balance ahall or may become due and payable under the ternis of said Mortgage. This Note may not be changed orally. but only by an agreement in writing, signed by the party against whom en- fomement of any waiver. change. modi~cation or discharBe 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 oE dishonor. and e:pressly agree jointly and severally to remain and continue bound tor the payment of t6e principal and interest provided for by t6e terms of this Note, notwithstanding any ezteneion or eztensione of the time of, or for the payment o[ said principal or interest. or any change or changes in the amount or amounta agreed to be paid under or by virtue of the obligation to pay provided for in this Note. or any change or changea by way of releaee or sarrender or sabstitution of any real property and rnllateral. or either. held as eecurity tor thia Note, and ~+aive all and every kind of notice of such eztension or eztensions, change or changes. and , agree that t6e same may be made without the joinder of the Maker. /s/ Alonso Coppersmith, Jr. /s/ Blanche S. Coppersmith Pf[~ PAGE~~ PC',Al 9tJ - PRI~TIY Dl IPL,Ut -..~~..:'ti»~.; - ~'c,~'~;~; r.a-~~~, 3 _ ' - - a~ ~ ' _ . _ _ ~ , ,