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Home My WebLink About2685 , 1?ERYANEN~1 f ~ . MORTGAGE NOTE ~ ~ ; Datc ot Note: May 17, 1974 f ~nc'~a~ A`°°'u`t' ~5.000.00 ` ~ Maturiiy Date: ' 3aly l, 198~ ' Intereat Rate: t Aawrtization Period: Fmm the day hereof to the Maturity Date. Instalment Payment: ~60.67 ~tat Insfalment Payment Date: J111~ L~ 19T4 FOR VALUE RECEIVED, the undersigned and if more than one, jointly and severally (the 111aker), doea hereby covenant and promise to pay to the order of Sun Bank of SL Lucie County or to its successors or assigns (collectively the Payee), at ita principal office at 111 Orange Ave.~ Fort Pierce, Fla. or at such other place as the Payee may designste to the Maker in writing fmra time to tirae, in legal tender of the United States. the Principal Amount together w ith interest at the Intereat Rate on the unpaid balance of the Principal Amount The aums due and owinR hereunder shall be payable during the Ainortization Period in e9ua1 monthly instalmente. eac6 in the amount of the Inatalment Payment, the Grat such Inatalment Payment to be made on We First Inatalment Payment Date and aubsequent Instalment Paymeats on the tirst day ot each month thereatter unW the Maturity Date whereupon the entire unpaid balance oE principal and intereat accrued aad unpaid thereon shall be~.~ome due and pay- able; each such instalment when paid a6a11 be applied first to the payment of interest on the unpaid balance at the In- terest Rate and the remainder thereo[ to payment on account of principal. If any Instalment Payment shall not be paid when due, then the entire PrinciP81 8un? ar?d acrrued interest here' under shall become due and payable at once or thereafter. at the option of the holder of this Note. The PaYee maY. at ita option. rnllect a late charge not to ~cced two cente for each one dollar of each Instalment Payment not paid when due to reimburee the Payee ior espensea oE servicin8 delu?9uent Instalment Paymenta. Failure to e:ercise these options shall not rnnatitute a waiver of the right to e:ercine the same in the e~+ent of any subae9uent defaul~ It is further agreed that the Maker and each endoraer, surety, euarantor, jointly and aeverally, aha11 paY a1~ coeta of collection of this Note. including a reasonable attorney's fee. on failure to pay any Instalment Payment or any socrued interest due hereunder on the due date thereof. Thia Note and all sums due hereunder shall bear interest at the highest lawtul rate of interest per annum in the State ot Florida ftom the date when the principal and accrued interest under this Note ahall be due and payable. The total interest payable hereunder shall not in any one year exceed the higheat lawiul rate of interest in the State of Florida. ~I 1'his Note is secured by a Mortgage, dated the date hereof, of propertY situated in the State of Florida. f I f The Maker agrees t1?at it shall be bound by any agreement e:tending ihe time or modifying the above terms o ~ payment, made by the Payee and the owner or awners of the property affected by said Mortgage, whether with or with- out notice to the Maker, and the Maker shall continue liable to pay the amount due bereunder, but with interest at a rate no greater than the Interest Rate, accordinK to the terms of any such agreement of e:tension or modification. ~ 'nterest shall become due and payable at the option of The unpaid balance of the Principal Amount, plus accrued i the Payee under the happening of an event by which said balance shall or maY bern~ due and payable under the terms of said Mortgage. 1'his Note may not be changed oraUy, but only by an agreement in writing, signed by the party againat whom en- forcement of any waiver, change, modification or discharge is sought All parties to this Note, whether Maker, principal, surety, guarantor or endorser, hereby waive presentment for payment, demand. pmtest, notice of protest, and notice oE diahonor, and e:pressly agree jointly and severally to remain and continue bound tor the payment of the principal and interest provided for by the terms of thia Note. notwithstanding , any e:tension or eztensions 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 paid under or by virtue ot the obligation to pay pmvided for in this Note, or any change or cl~anges by way of release or surrender or substitution of any real propertY and collateral. or either, held as security for this Note, and v?aive all and every kind ot notice of such eztension or e:tensions, change or changes, and agree that the same may be made without the joinder of the Maker_ ~ ~ - /s/ Alonso Coppersmith, Jr. / S / glanche S. Coppersmith a t ~ E e i PACE ~UVJ Frt~ PACE~t~~ rrsv sr~ - rerrrric a~ ra.uf ~ - ` : ~,"~~X ~fi°'a~w~~:~~°'~r~~~-d' _ - . _