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Home My WebLink About0399 ~~(AVANINtI MORTGAGE idOTE 51.000.00 ~::•.uia 28, 197~ Principal Amount- Dute ot Note: Maturity Date: 36 ~lOA~1Y Inte~est RAte: ZOs Amortization Period: From the d+ay hereof to the Mnturity Date• Insisilment Payment: S 32. 2? " First Instalment Payment Date: AuQ~t 1~ ~ 1474 ~ FOR VaLL'F. RECF.IVED. the uro~etsigned and if more than one. jointl} and se~e:~ally (the \laker). dces hereby co~enant and promise to ps?y to the order of Sun Bank of St. l.ucie County or to its successors or assigns (collecticely the Payee), at its principal office at 111 Orange A~e., Fort Pierce. Fla. or at such other olace us the Pa~ee may designate to the aiaker in ~~riting from time to time. in legal tender of the L'nited States, thr Principal Amount together ~~ith interest at the lnterest Rate on the unpaid balance of the Principal Amoun~ The sums due and owinR hereunder slti?11 be payable dunng the Amoriization Period in equal monthly instalments, each in the amount of the Instalment Payment, the tirst ~c~ nstalment Payment to be made on the First Ir?stalment Payment Date and subsequent Instalment Payments on th y ot each month therea(ter until the Alaturity Date whereupon the entire unpaid twlance o( principal and interest acerued and unpaid thereon shall become due and pay- able; each such instalment when paid shall be applied [irst to the payment oi interest on the unpaid balance at the In- terest Rate and the crmainder thereot to payment on nccount of ptincipal. . I[ any Instalment Payment shall not be paid when due, then ihe entire principal sum and pcrrued interest itere- under shall become due and payable at once or thereatter, at the option oi the holder of t6is Note. The Payee may. ai its option, collect a late charge not to e:ceed lveo cents for each one dollar ot each lnstalment Payment not paid when due to reir~burse the Payee tor ezpenses of servicing delinquent Instalment Paymenta Failure to e:ercise these oPtion+ shall not constitute a waiver of the right to exercise the same in ihe event of any subsequent detault_ It is further agreed that the Maker and each endorser, surety, Kuarantor. jointly and se~•eraUy, shall pay all costs of irollection of this Note, including a reasonable attorney's- fee, on fAilure to pay an?• Instalment Payment or as?y accrued interest due hereunder on the due date thereof_ This Note and all sums due hernunder shall bear interest at the highest lawfu! rate of interest per annum in the State uf Florida from the date when lhe principal and accrued interest under this Note shall be due and rayable. The total interest payable hereunder shalt not in any one year excred the highest lawful rate of interest in the State ot Florida. This Note is secured by a 1liortgage, dated the date hereof, o[ ~~roperty situated in t5e State of Florida. ' The Maker agmes that it shall be bound bv any agreement extending the time or modifying the a}wve term_c of ; ~ayment, made by the Payee and the ow~ner or ow-ncrs of the property affected by said Mortgage, whether with or w-ith- f out notice to the ~taker, and the 1~'Iaker shail continue liable to pay the amount due hereunder, but with interest at a [ rate no grnater than the Interest Rate, accordin~ to the terms of any such agreement of eztension or modification ~ The unpaid balance of the Principal Amount, plus acrrued interest shall becvme due and payable at the option of ~ the Payee under the happening ot an event by Khich s~id balance shall or may become due and payable under the terms of said Mortgage. $ - This Note may not be changed orally, but only by an agreement in writing, signed by the party a~ainst whom en- forcement of any waiver, chan~e, modification or discharge is soaght. All parties to this Note, whether blaker, principal, surety. ~uarantor or endorcer, hemby w~ive presentment tor payment, demand, pmtest, notice o[ protest, and notice of dishonor, and e:pressly agree jointly ard severally t~ mcnain :~nd continue 6ound for the payment of the principal and interest provided for by the terms of this Note, notwithstanding any eztension or extensions~t the time of, or tor the payment of said principai or interest, or any cHanQe or changes in the ~.mount or amounts agreed to :~e paid under or by virtue of the obligation to pay provided tor in tNis Note, or any-• ~ change or changes by way of release or surmnder ot substilution of any real property and collateral, or either, held as security (or this Note, and .~aive ali and every kind ot notice of such extension or e:tensions, change or chanRes, and agree that the same may t?e made v?ithout the joindez of the Maker. ~~,as: 2001 Dortb Old Dixis Highway ~ po~ pie~~, Florida 3345a ~ /s/ Dewey Owens ~ _ ~ /s/ Ann Owens ~ ~ BGOK PAGf 399 F:~l 32! - i~: i:: fJ 5T~t3 ~"k~~v~ °~i~-.~~. ~~p~a.~~a~. ~ - . _ . . f ~ ~ _ ~ '.f- ._,R ~y,_~-+, . . _ ~.35'~ - . . _..<.6