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Home My WebLink About1266 ~~ERM?NENTI MORTGAGE NOTE Principal Atnount: ~ _ . . Date ot Note: ' ~ r Maturity Dace: ' - - Internat Rate: - - • ' Amortization Period: From the day heseof to the Maturity Date. ~ Instalment Payment: • ~ ' 6 First Instalment Payment Date: . - ~ ~ - - ' - ~ i FOR VALL'E RECEIVED. the undersigned and if more than one, jointly and severally (the ~iaker), dces hereby covenant and pmmise to pay to the order of Sun Bank of St_ Lucie County or to its successors or assigns (eollectively the > Payee)~ at its principal office at 111 Orange Ave.. Fort Pieree, Fla. or at such other place as the Payee may designate + to the Malcer in vrriting imm time to time. in legal tender of the United States, the Principal Amount together ~rith - a intere'st at the Interest Rate on the unpaid balance of the Principal Amoun~ ; The sums due and owinlt hereunder shall be payable during the Amortization Period in equal monthly instalmenta. each in the amount of the Instalment Payment, the tirst aach Inatalment Payment to be raade on the First Inatalment - Payment Date and subsequent Instalment Paymenta on the 1'~ =day oi each month therea(ter unW the Maturity Date • whereupon the entire unpaid balance of principal and intereat accrued and unpaid thereon s6a11 become due and pay- able; earh such instalment when p~aid sl~all be applied Cis! to the payment ot interest on the unpaid balance at the In- terest Rate and the remainder thereo[ to payment on account of priacipal. If any Instalment Payment shall not be paid when due, then the eatire principal sum and accrued interest here- under shall beeome due and payable at once or thereafter, at the option of the holder of thiv Note. The Payee may, at its option, collect a late charge not to e:oeed two centa ior each one dollar ot each Instalment Payment not paid when due to reimburse the Payee for e:penses of servicinS de~u?quent In4talment Payments Failure to e:ercise these options shall not constitute a waiver of the right to e:erciae the same in the event of any subsequent default. It is further agreed that the Maker and each endorser, surety, gunrantor, jointly and severally, shall pay all costs ot collection of this Note, including a reasonable attorney's tee, on failure to pay any Instalment Payment or any accrued interest due hereunder on the due date thereof. This Note and all sums due bereunder shall bear interest at the highest lawful rate of interest per annum in the State of Florida from the date when the priacipa! and acrrued interest under this Note shall be due and payable. The total interest payable hereunder shall not in any one year e:ceed the high~at lawful rate of interest in the State of Florida_ This Note is secured by a Mortgage, dated the date hereof, of pmperty situated in the State of Florida. l T'he Maker agrees that it shall be bound by any agreement eztending the time or modifying the above terms of ~ payment, made by the Payee and the owner or ownezs of the pmperty attected by said Mortgage, whether with or with- g out notice to the Maker, and the Maker shaU continue liable to pay the amount due hereunder, but with interest at a _ ~ rate no greater than the Interest Rate, according to the terms of any such agreement of e:tension or modification. ~ The unpaid balance of the Principal Amount, plus accrued 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 dve and payable under the terms ~ o[ said Mortgage. This Note may not be changed orally. but only by an agreement in writing, signed by the party against whom en- forcement of any waiver. change, madification or discharBe is aought All parties to this Note, whether Maker, principal, surety, guarantor or endorser, hereby waive presentment for ~ payment, demand, protest, notice of protest, and notice of dishonor, and ezpressly agree jointly and severally to remain and continue bound for the payment of the principal and interest provided tor by t6e terma oi this Note, notwithstanding any eztension or extensions of the time o(, or tor 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 provided (or in thia Note~ or any ~ change or changes by way of release or surrender or subetitution 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 t6e joinder of t6e Maker_ ~ _ , - . ~ - ' - • ' . . ~ ~ ~ /s/ Dewey Owens ; ~ ~ ~ 1 ~ /s/ Ann Owens ~ ~ ; ~ @8 ~s~~ ~ E:~~ ~ ~1~Vt) ~ ~ ~ tYwv ~tJ - P!etrrrr, e~ ~.uu ~ : _ : - - - - - ' - - ~ _ _._9~..u. w__._ . . ~