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Home My WebLink About1703 ~~CRYAN[N~1 MORTGAGE NOTE Uate of Nok:: July S, 1974 Principal Amount: sj$, OOQ. ~90 Maturity Date: Atip,~ist t, 1989 Inte~t Rate: Amortization Period: From the day hereot to the Maturity Date. ' Inatalment Payment: ~16?.97 Fint lnstalment Payment Date: 3QptQmblr L. 1974 FOR VALL~E RECEIVED. the undetsigned and ii more than one. jointly and severally (the ~laker). does hereby co~enunt and promise to pay to the order of Sun Bank of St~ Lucie County or to its successors or assigns (collecti~ely the Payee). at its principal office at 111 Orange A~e., Fort Pierce. Fla. or at such other place us the Psyee may designate to the ~laker i» writing from time to time. in legal tender of the United States, the Principal Amount together v~~th ~ interest at the Interest Rate on the unpaid balance of the Principal Amoun~ ; The sums due and owing hereunder shaU be payable during :he Amortiza~iai Period in equal monthly instalmenta, ~ each in the amount ot the Instalment Payment. the tirst auch Instalment Payment to be made on lhe First Instalment Payment Date and subaequent Inatalment Payments on the firat day o[ each month thereatter until the Maturity Date . whereupon the entire unpaid balance o( principal and intereat accrued and unpaid thereon ahall become due and pay- ; able; each such instalment when paid shall be applied Crst to the payment ot interest on the unpaid balance at the In- } terest Rate and the remainder thereof to payment on account ot principal. ~ IE uny Instalment Payment shall not be paid when due, then the entire principal sum and accrued interest bere- under shall become due and payable at once or thereatter, at the option of the holder of this Note. The Payee may, at its option, collcrt a late eharge not to exc~d two cents tor each one dollar of each Instalment Payment not paid when due to reimburse the Payee [or e:penses of servicinB detinquent Instalment Payments. Failure to exetrise ihese options shall not constitute a waiver of the right to e:ercise the same in the event ot any subsequent detault_ It is further agrecd that the Maker and each endors~r, surety, guarantor, jointly and aeverally, ahall paY all coats ot collection of this Note, including a reasonable attorney's fee, on failure to pay anv Instalment Payment or any acerued interest due hereunder on ihe duP date thereof. This Note and al! sums due hereunder shall bear interest at the highest lawful rate ot interest per annum in the State ot Ftorida ftom the date when the principal and accrued interest unner this Note shall be due and payable_ The total interest payable heteunder sfiali not in any one year excec~ the highest lawful rate ot interest in the State of Florida. This Note is secured by a Mortgage, dated the date heteof, of property situated in lhe State of Florida. ; ~ ~ The 1liaker agtees that it shall be Mund by any agreement ectending :he time or modifying the above temns of payment, made by the Payee and the owner or owners of the property af[ected by said Mortgage, wnether with or with- out notice to the Maker, and the Maker shall continue iiable to pay the amount due hereu.nder, but with interest at a rate no greater than the Interest Rate, according to tt::: terms of any such agreement of extension or modification. The unpaid balance of the Principal Amuunt, plus acrrued interest shall become due and payable at the option of the Payee under the happening of an event by whic~ said balanee shall or may become due and payable under the terms of said Mortgage_ ~ TI1L4 Note may not be changed orally, but only by an agreement in writing, sigced by the party againsl whom en- torcement a[ any waiver, change, modiCcation or discharge is sought_ ~ All parties to this Note, whether_Maker, principal, surety, guarantor or endorser, hereby waive presentment for payment, demand, ptotest, notice of protest, and notice of dishonor, and e:pressly agree joindy and severally to rnmain ~ and continue bound tor the payment of the principal ~nd interest provided tor by t6e terms o[ this Note, notv?nih4t~inding j any e:tension or extensions of the time of, or tor the payment ot said principal or interest, or any change or changes in the amount or amounts agteetl to be paid under or by virtue o( t6e obligation to pay pmvided tor in this Nole, or any change or changes by v?ay of release or surrender or sut,stitution o( any real property and collateral, or either, held as ~ security tor this Note, and v?•aive all and every kind ot notice ot such e:tenginn or extensions, change or changes, and ~ agree that t6e same may be made without the joinder of the Maker. Pzi~il~ of pr~pa~t of ~12 0~ any part at any tL~-e is i:er~y ~ q~ranted ~riY.tiont panalty. ~ ~ ~ _ /4/ Tnhn Harnld Rarrow ~ , ; s/ Vi r ig nia Lynn Ba r row 800I~ t~iCf~~ FC:Y 32S - F ~'f': s; ?7 5'•.,lEf Y,.-r- . - . _ _ ' . _ ~ y- ~~s-rou4t - . 3 ' rx-~ - . - - ~ _ ~t' . . . s