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Home My WebLink About1133 ~~ERMAMLMTI MORTGAGE NOTE principa~ Amow~t: $1800.00 Date ot N°te: June 3, 1974 Maturity Date: ',t'hiY'ty MOl1~18 Interest Rate: 9~a ~ Amortization Period: Fmm the daY hereo[ to the Maturity Date. Inatslment Payment: $67.65 Fiiat Instalment Payment Date: J~11y lO ~ 1974 FOR VALUE RECEIVED. the undersigned and if more than one. jointly and severally (the 1lfaker), dcea hereby covenant and promise to pay to the order of Sun $ank of St. Lucie County or to its suceessors or as.cigns (rnilectively the Payee). at its principal of~ce at 111 Orange Ave.. Fort Pierce. Fla. or at such other place as the Payee may designate to the Maker in writing fmm time to time. in legal tender of the United States. the Principal Amount together vritb interest at the Interest Rate on the unpaid baiance of the Principal Amoun~ The suma due and owinR hereunder shall be payabie during the Amortization Period in equal monthly instalments. each in the amount ot the Inatalment Payment. the tirat such Instalment Payment to be made on the First Inatalment Payment Date and aub~equent Inatalment Payments on the tirat day ot each month thereafter until the Maturity Date whereupon We entire unpaid balance of principal and interest accrued and unpaid thereon shall become due and pay- able; each such inatalment when paid shall be applied tirst to the payment of intecest on the unpaid batance at the In- terest Rate and the remainder thereot to payment on account of principal. If any Instalmenf Payment shall not be paid when due. then the entire principal sum and accrued interest herc- under shall become due and payable at once or themafter, at the option of the holder of this Note. The Payee may. at its option, collect a late charge not to exceed two cents for each oae dollar of each Instalment Payment not paid when due to reimburse the Payee for e:pensea of servicin8 delinquent Instalment Paymenta Failure to ezercise these options shall not constitute a waiver of the right to exercise the same in the event of any sub~equent default. It is further agreed that the Maker and each endo~ser, surety, guarantor, jointly and severally, shall pay all costa of coilection of this Note. including a reasonable attomey's fee, on failure to pay any Instalment Payment or any aocrued interest due hereunder on the due date thereof. This Note and all sums due hereunder shall bear interest at We highest lawful rate of interest per annum in the State of Fiorida from 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 e:ceed the highest lawful rate of interest in the State of Florida_ j This Note is secured by a Mortgage, dated the date hereof, of property situated in the State of Florida. ~ ~ The Maker agrees that it shall be bound by any agreement eztendin,g the time or modifying the above terma of s payment, made by the Payee and the owner or owners 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. bat with interest at a rate no greater than the Interest Rate, according to the terms of any such agreement of eztension or madification The unpaid balance of the Principal Amount, plus aocrued intereat shall beoome due and payable at the option of the Payee under the happening of an event by which said balance ahall or tnay become due and payable under the tern~s of said Mortgage. ~ This Note may not be changed orally, but only by an agreement in wtiting, signed by the party against 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, protest. notice of protest, and notice oi dishonor. and ezpressly agree jointly and severally to remain and continue bound tor the payment of the principal and interest pmvided for by the terms of this Note, notwithatanding any e:tension or extensions of the time of, or (or the payment of said principal or interest, or any change or changes in the amount or amounts agreed to be paid under or by virtue of the obligation to pay provided (or in thia Note, or any change or changes by way ot release or anrrender or substitntion o[ any real property and collateral. or either, held as security for this Note, and v?aive all and every kind of notice ot such e:tension or eztensions, change or change9, and agree that the same may be made without t6e joinder of the Maker. ~ ~ Addreae: 1641 N. llth Street, Bldq. 4, /s/ Levi Wright, Jr. ~ Apt. 3. Edqevrater ~ !'ort Pierce, Fia. 33450 ~ ~ ~ z C 4 ~ tAGE~ ~ /l.'YIf YS! - FRIRlf: 87 Af£.VS v . _ . . . - ~ ur T ~ .z,_ ~ _ . . . _ . _ - _.u. . _ ~ ~ ~