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Home My WebLink About1895 ~~ENY~N[NT~ 1~10RTGAGE NOTE ` ; Datr of Noce: Juty 11. 19?4 3 principal Amount: ~20~ 1~00. ~0 a Htacuricy nace: 15 yeare t Internst Rate: 9 ~ Amortizatio~ Period: Fmm the daY hereof to the Maturity Date. In$talment Payment: ~2u2• 8b per month Firsc Inscalmen~ Payment Dace: September 1, 19?4 ~ 3 a 1 ~ FOR V~1LUE BECEIVED. the u~dersig~ed arn1 if mare than one. jointly and severally (the Diaker), does hereby ~ covenunt and pmmise to paY to the order of Sun Bank of St. Lucie County or to its suecessors or assigns (colleetively the payee), at its prineipal office at 111 Oranee ~1ve.. Fort Pierce, Fla. or at such other p:ace us the Payee may dPSiSnate , to the ~taker in vrriting from time to time. in legal tender of the United States, the Principal Amount together with ; interest at the Interest Rate on the unpaid balance of the Principal Amoun~ ~ The sums due and owinR hereunder shal~ be PaYable during the Amortization Period in equal monthiy instalmenta, ~ each in the amount ot the Insfalment Payment, the first such Instalment Payment tc be made on the First Inatalment Payment Date and subsequent Inatalment Payments on the tirst daY of each month therea(ter until the Maturity Date whereupon the entire unpaid balance of principal and interest a~ti~ n of interest on the unpaid~balancee t h pIn- able; each euch instalment wl~en paid ahall be applied Rrst to the pay terest Rate and the remainder t6ereo[ to payment on account of principal. If any Instalment Payment shall not be paid whea due. thea the entire principal sum and uccrued interest here- under shatl become due and payable at once or thereafter, at the option of the holder of this Note. The PaYee maY. at its option, collect a late charge not to e:ceed two cents for each one dollar of each Instalment Payment not paid when due to reimburse the Payee for e:penses of servicinB delinquent Instalment Payments. Failutr to exercise these options shal! not constitute a waiver of 1he right to exercise the same in the event of any subsequent default_ It is turther agreed that the Maker and each endorser, surety, guarnntor. jointly and ee~erally, sha11 paY all costs oi collection of this Note, including a reasonable att~mey's fee. on failure to pay any Instalment Payment or any acerued interest due hereunder on the due date thereof. This Note and all sums due hereunder shall bear intetest at the highest Iawfut rate of interest per annum in the State of Florida [rom the date when the principal 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 higl:est ; lawtul rate of interest in the State of Florida. This Note is secured by a Mottgage, dated the date hereof, of property situated ii. the State of Florida_ i ii 1'he Maker agrees that it shall be bound by any agreement eztending the time or moditying t1~e above term.a of payment, made by the Payee and the owner or owners of the propertY af[ected by said Mortgage, whether with or W~ith- out notice io the Iliaker, and the Maker shall continue liable to pay the amount due hereunder. but with interest at a ~ rate no greater than 2he Interest Rate, according to the ter~ of any such agreemeat of e:tension or modification I ~ The unpaid balance of the Principai Amount, plus accrued interest shall become due and payable at the option ot the Payee under the happening of an event by which said balance shall or may beeome due and payable under the terms of said Mortgage_ - i nis A?Qte maY not be changeci orally, but only by an agreement in writing, signed by the partY aKainst whom en- torcement of any waiver, clwnge, modification or discharge is sought_ AII parties to this Note, whether Maker, prinri~al, surety, guarantor or endorser, heteby waive presentment [or payment, demand, protest, notice of protest, and notice af dishonor, and expressly agree jointly and severally to remain ~ and continue bound tor the payment of the principal and interest provided for by the terms ot this Note, notwithstanding any e:tension or extensions of the time of, or for the payment of said principal or interest, or any change or changes in _ the amount or amounts agreecl to be paid under or by virtue o[ the obligation to pay provided for in this Note, or any change or .^hanges by way of release or surrender or substitution o( 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 th3t the same may be made without t6e joinder ot the Maker_ SILVER PALACE PHARMAC Y, INC. ~ ~ ~ ~ gy; /s/ Bruce P. Center ~ ce reB ent ATTEST: /s/ William R. Center ' 800K ~ P~~~ ~q/ 9S! - Ft:STiY r! F£A~ _ - r:~ f - ~ - - - - - ~-a ~ ~ ~r_. r a` -m,,•- xY: ~ -~-~i„` i.e ~ - i - ~ ~x ` 1 . -'~t'~ w ~ _ ~ ~v :;s,e43~ _ . . a?..~~~,~ . -