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Home My WebLink About0299 : , ~ ' - 1?[AYANEN~1 R MORTGAGE NOTE ~ t Principal Amount: =30~ 000. On ~ Date ot Note: Mt? u• 197~ - Maturity Date: J1tlj 1, 1lt9 Interest Rate: ~ Amortization Period: From the daY bereo~ to the Maturity Date. ~ i Instalment Payment: ~2~5. ~3 Firat Inatalment Payment Date:~iY 1~ 197~ FOR VALUE RECEIVED. t_'~e undersigned and if more than one, jointly and se~erally (the \iaker). dces hereby covenant and promise to paY to the order of Sun Bank of St I.ucie County or to its successors or assigns (collectively the Payee)~ at its principal office at 111 Orange Ave.. Fort Pierce. Fla. or at such other place as ~e Payee may designate to the ~iaker in w~riting fmm time to time. in legal tender of the United States, the PrincipaT Amount together with interest at the Interest Rate on the unpaid balance of the Principal Amount» The suma due and owinR hereunder ahall be payable ducin8 the Amortization Period in equal monthly inatalmente, ea~h in tbe amount ot the Instalment Payment, the first such Instalment Payment to be made on the Firat Instalment Payment Date and aubeequent Iastalment Paymenta on the firet day ot each month therea(ter until the Maturity Date whereupon the entire unpaid balance of principal and intereat accrued and unpaid thereon shall become due and pay- able; each such instalment w6en paid shall be applied firat to the payment of interest on the unpaid batance at the In- terest Rate and the remainder thereof to payment on account of principaL If any Instalment Payment shall not be paid when due. then the entire principal sum and accrued interest here- under shall txcome due and payable at once or thereafter, at the option of the holder of this Note. 'I'he Payee may. at its option. collect a late _charge not to e:ceed two cents for each one dollar of each Instalment Payment not paid wLen due to reimburse the Payee for e:penses of aervicing delinquent Instalmeat Payments. Failure to e:errise these options shall not constitute a waiveT of the right to e:errise the same in the event of any subaequent default_ It is further agreed Wat the Maker and each endorser, aurety, guarantor. joinUy and severally, ahall pay all costa of rnllection of this Note, including a reasonable attorney's fee. on failure to pay any Inatalment Payment or any accrued • ~ interest due hereunder on the due date thereof. This Note and all sums due hereunder shall bear intereat at the highest ~ lawful rate of interest per annum in the State of Florida trom the date when the principal and acrrued interPSt under ; thia Note shall be due and payable. The total interest payable hereunder shalt not in any one year exceed the hig6est ; lawful rate of interest in the State of Florida. ' . ~ , ~ i This Note is secured by a Mortgage, dated the date hereof, of property situated in the State of Florida. ? ~i ~ I T6e Maker agrees that it shall be bound by any agreement extending the time or modifying the above term+ 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 continue liable to pay the amount due hereunder, but with interest at a rate no greater than tbe Interest Rate, according to the terms of any auch agreement of extension or modification The unpaid ba1~' of the Principal A~int, plus acrrued interest shall become due and payable at the option ot the Payee under ,.aening of an event by which said balance shall or maq become due and payable under the terms n-o€-s~id Mortgage_ - l / This Note may not be changed orally, but only by an agreement in writing, signed by -the patty against whom en- fotcement of any waiver, change, modification or discharge is sought. - All parties to this Note, whether Maker, principal, surety, guarantor or endorser, hereby waive presentment tor payment, demand, protest, notice of protest, and notice of dishonor, and e:pressly agree jointly and aeverally to mmain and rnntinue bound for the payment of the principal and interest provided tor by the terms oi this Note, notwithstanding " any e:tenaion or ertensions of t6e time of, or for the payment of said principal or interest, or any change or changes in ~ the amount or amounts agreed to be paid under or by ~~rtue ot the obligation to pay provided for in this Note, or any change or changes by way of release or sarrender 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 e:tension or e=tensions, change or changes, and ' ~ agree that the same may be made without the joinder of the Maker. ~ pt Ot ~ll v~ Pri~i1~ ~ au~ p~st at ~ tia~ is bac~b? ~ qsaat~ rit2~oat p~osltt• ~ _/s/Antonio V. Hernandez ~ ~ / s / ~ Virginia P. Hernandez E:.~ ~ ~ PAGE IGrt7 7 ..rrr a:J - tPr~;rr seu~ . _ _ - - - _ - a . - ; ~ ~ ~ ~ ~ ~ ~ A ~ v