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Home My WebLink About1623 ~P(~Y~NCN~1 ~ MORTGAGE NOTE Principal Amau,t_ sb5, 000. 00 [?aee ot tvoce: .june 7 1974 ~ S~t~ Fi~ra Tbw?saad Dollsrs j Maturity I?ate: Tsa Year• Tnterenc Rak: 9 '~a Amortiratioa Period: I~~~om tbe da~ 6eeeot w the ~laturihr Data tnscalR,e~t Pa~i: ~23. ~ 1 per mont2~ F'irat Iwtalment Paymeat uste: August 10, 1974 . ~ ; FOIt VALUE BECEIVED. tbe andasibaed aad if sare thae ooe, ]oinuy a~d se~'erally (the Jiaker). does hereby ~ co~enant and pmmi~e to pap to tke orda of S~m Baat of St- l.~eie Cou°tp or to its suceessors or assigns (collectively the ~ Payee). at its prineipat office at 111 Orae~e ?1s+G. Fort Pierce, F7a- or at such other plaee as the Payee may designate ~ ~ to the Maker in w-ritina from tiex to b~ ie ieaal tmder of tbe L"nited States, t~ Prineipal Amount together w~th ~ intereat at Lhe Interest Bste oa tbe ~paid bala~c+e oE tLe PrinciPal ~mamt- ~ : The sumt doe and owinlG b~ramder sha0 be pagade daru~ tbe Amoeti:atiaa Period in equal monthly instalments, eac6 in the amount ot tbe Imda}mest PspmeeR, tbe 6ra! sneb Instalment PaYment to be made on the First Instalment Paymeat Date and su6seqvent Iastalme~t Pa~me~s oa tbe Cmt da7 of eacb m~o~ntb tbereatter unW the Maturity Date whereupoa tbe entire ~npaid balanre of priwapai and inur~i mucd and unPa~ ~re°n s~all bec'ome due and pay- able; eac~ wch imRalment w-bea p~id a~all be appiied Cust to tbe payment o[ interest on the unpaid balance at the In- terest Rate and tbe remainder t6ereot to payme~t oa acc~ouet oi prinei~al_ If any lnstalment Payment sbafl not be ~id shea doe. t6en the entire prim-ipal sum and accrued interest here- ~ under ahall bec~ome doe and paya63e at aace or thennfter. at ~e o¢cioa d We bo~des of ct,is Note. The Payee may, at t ~pu~ a~k ~~o ~u,eed tioo cxats (or earh uae d~otlar of each Iastalment Payment not paid when f due to rei~nbarse tbe Payee for e:pem~s at srrricros deimq~eat lastalment Paymenb. Failure to e:erciae these options ; ahaU not eonstitute a~raiver d tbe ri~ht to e~cazve tbe s~~me m the e+eat d any suh6equent default ~ s It is further asreed that tbe Maker a~ e~acb endotser. siu~et~. 6uarantor. jointlY and severally, shall pay all coats of ~ collection ot this Note, inciudin6 a~e~aoa6ie attomrt's fee, on taihue to pay any I~talment Payment or any accnied interest due 6ereunder oa tbe doe date tbe:eof_ lbes Aote aad all ~ due 6eie~nder shall bear interest at the highest lawtul rate of interest pa annum ie tbe Sta~e d Flo~ida fzvm thr date ~rbea We principal and accrued intereat under this Note shaU be dae and paysbie_ 7be total inte~e:st pasabie beieander shall not in any one year e=ceed the highest ; i lawful rate of interes! in tl~e State d Elwida. 'Ibis Note is secured bp a 11lortaa~ dated tbe date ~rrzeof. of pmperi7? situated in the State of Florida. t The Maker agrees that it s6a11 be bwmd b~ aaar aFreement e:tendin6 tbe time or modifying the above terms of ~ I pay~ment. made by fhe Pas~ee and the oaner or osne~s d tbe prnperty affeaied by said Mortgage. whether with or with- ! out notice to the Maker, and ihe 11~akrr shall cnatimue &abie to pay ibe amount due hereunder, but with interest at a ~ ~ rate no greater than the Inten~t Rat~ aceo~YC m~~~~Y ~~t of e:tension or modification. ~ ~ t Thr, unpaid balanc~e d th priori~al Amwm~ p}~s ~*~d s~all beoome due and paYable at the option oi ~ the Payee under the happeniaF of an ev~ent b~ .shicL said 6alam shall or may become due az~d payable nnder the terms ; ~ of said Mortgage. ; This Note may not be cfian~ orali9. but aoly b} an a~eement in wrriting. s+~~ed bY the POrtY against whom en- a torcemeat of any w~aiver. changa~ modi~ication or di~char~e a swght ` ~ AIl parties to this Note, w-hether Maker. pTiacipal. s~eqr. 6uatantor or endoiser, hereby waive presentment for t ~ payment. demand. Pmtest- notine o( piotest. and noticr d dis6onor. aod ezpr~esslY a6ree lointly and severally to remain and continue bovnd tor tbe pay-meat ot th princ~pal and interest pto~i~ded tor by tbe terms of this Note, notwithstanding ~ any eztension or eztensoas d tbe time ot. or tor fbe pa~-ment ot said prinripal or interest, or any cbange or changes in the amount or amounta abre~+d to be p~d under or b!? ~vtue of tbe obl~ation to pay provided (or in this Note, or any change or chan8es by way of ~e~lesae or sanrnder or substitution of anY ~ D~PertY and collateral, or either, held as ~ E ~ secvritp for this Note, and wais~e ail and e~~ kiad ot notice of auch ezteasion or e:tensions, change or changes, and agree that tLe same may be made .~ithont tbe joinder of tbr ~laker_ ~ ~ Ka soll Grove 8. Inc. ~ ~ ; ~ - gT; /s/ Leverett Shaw _P~~t ` ~ ' ~ ~ . 1 . _ ~ _ - - - - ~ , ~ / ~ ~ ~ E'~ ~8 ~i166 - ~ ~8 ~ib'~'0 ~ _r-~s:..~ ~ r-~r yra - ~.rrrrr. P~ ~ ~ , . : - _ _ _ . . . _ _ _ ~ _ . 'i- ~ . .t ~ ~ ~ v.~..~.-"~_'~t._. z_ _ . , z~s~''~~ ~