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Home My WebLink About1860 ~ ?E RYAMEM71 MORTGAGE NOYE Principa! Amoanc: ~7,0OO.OJ nate ot IVoea: Jut1a 3~, 1474 141scarity nate: T~iI? Y.3d~s Interest Rate: . Amottitatioa Period: F'e~otn tbe dap 6ei+eat W t6e Matnrity Drta ' ~90.58 F'u~ac ~s~im~~ parnea~ Usu: J~+t lb . 1! 74 FOA VALUE BECEIVED, t6e unde~sianed and ii more tban one, jointlp and aeverallp (the J~Iaker). dces hereby covenant and promise to pay to the order of Snn Bank oi SL l.ucie County or Lo its sueeessora or assigns (toUeetively the Papeel, at its p:ineipal oft~ee st 111 Orange .1~a, Fost P"ieree. Fii or at sueh other place as the Payee msy designate to the Ma1cu in wzitit~ from time to time, in lesal tender oi the United Statea. the Pritxipal Amount together vrith inttrest st thc Iaterest Rate on the nnpaid bala~e oi~P~ •*mouai T6e s~ta~s dne and o+rituG heie+mdcr sLsll be p~yabie durin6 tbe Aaw*tiiatiaa Period in equal awnthly u~ntala~enta. esch in tbe amount ot tbe Imtatment Pa~?meut. tLe fi~st~} c~ Indatmeat Payment to be made on the First Instalment Payment Date and wb~eqnent Imtalment Pa~ab m tbe~O~y mouth thereatter until the Maturity Date whe~poa the ~tire unPeid 6als~e oi Pri~iPv and interat accn~ed and unp~id t6ereon ahall bec~ome due and PaY• aWe: eacb socb indalment w~en paid a6a11 be applied Cust to tbe pey?ment of inteseat oa t6e unpaid balance at the In- ~~t Rate sed tbe ~osinder tLereo[ to paymmt on account of principnL If any Instalnoent Payment si~all aot be paid when dne, then the mtine principal sum aad acc~ued inte~est here- under shall beeome due sod p~ysb{e at cooe or t6eeeafter. at tbe option o[ tbe bolder of t6is Note. '17ie Payee may. at its optioo, ediect a Iate chsr~e not to r:ceed two cents for each ar dollai °E each Tnstal'nent Payment not paid when due to reimbu:se tbe Payee for e~ d senicin6 ddinquent It~stalment Psymenta. Failure to e~rciae these optiona ahall not constitute a w*aiaer of t6e rig6t to e:ercise tbe same in t6e ev~a?t d any subeequ~t default It is furtber aatee~l t6at tbe Maker and ~ch mdosser. suretY. Buarantor. ]ointl7? and several~Y. aha11 PaY all costs of collection of Wis Note, inctudins a re~sooabie attornr~'s tee. on isilwe to pay any LLStalment Payment or any accrued intereat doe hereunder oo the due dite t~eaf_ lbis Note and all a~um dae Mieunder ahall bear intereat at the Irighest lawful rate of idtrrest per annnm ia t6e State d Fbrida trom t6e date whe~n tbe principal and aocrued interest under t6is Note s6a11 be due and payaWe. 'Ibe totat neterst payab{e hete~der ahall not ia any one year e:ceed the higheat lawful rate oI interest in tbe State d Fbrids. 'lbis Note is secured by? a Mort~e, dated tbe date hetroE. d Pt'oPe'rty situated in the State of ~orida_ 1Le Maker a~+ees tbat it ahaU be boand b~ ans s~ent. e:teadin6 the time or modifying the abave terina of ~ payment, made by the Payee a~ tLe o..uer or owneis d tbe property afferted by aaid Mortaage. whether with or with- f out notioe to t6e Maker. and the Mal~er shaU continne liable W psy the amount due hereunder. but with interest at a ~ rate no ~ter t6an the Interest Rate, anomdin![ to tbe terms of aay wch aareement d ertenaion or modiCication. ~ 'I~ee unpaid balanc+e of tbe Prinripal Amounk Plus aorrued "n?tecest shall become due and payable at the option ot the Payee u~er the bappenina d an e+ent by which said balaaoe ahall or ma~ become due and payable under the terms of said Mort~e_ - ' ` tbe party againat whom en- This Note may not be chanaed araltY. b~t an1Y bY an a~reement in wrritin6. u~ed bY forcement of any rraiver. chan6e, modificatia~o or d'nchar8e i+ a~~i All partiea to this Note. w6etber Maker, principal, surety, 6~aranWr or endoraer. heteby waive pre9entment for P~Y~nk demand. Proteat, notice of Protest. aad notioe d dis6onor. a~ ezP~Y 8B~ loindy and severaUy to remain aad continue bwnd (or t6e payment ot tbe principal and interest pzavi~ied tor by tbe terms o( Wis Note, notwithstandin8 any eztemion or e:teasioos of tbe time of, or for tLe payment ot said principal or intereat, or any change or changea in the amo~nt or amounts aareed to be paid under or by virtue ot -thc obli6ation to paY Prmnded tor in t6is Note, or any change or c6anaes by .ray ot nlease or wrrender or sub~stitution of any real proPertY aod collateral. or either, held as aecurity for this Note, sud Raive all a~ every kiad of notiee ot suc6 e:tension or e:te~iooa, change or c6anges, and agree that t6e same may be made wnthout the joinder of tbe Maker. ~ ~ . r ~ - /s/ Jane M. Black ~ ~ ~ /s/ Lonnie C. Black ~228 ~18~fi ,~..~_~~n~ ~ w-- ~f=. _ _ - - - _ ~M~~.~: ;~~,_5~ ~ s~ r= . . a