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Home My WebLink About1933 ~~sRY~NfNTI MORTGAGE NOTE Principal Amount: Date o( Note: Jyi' ~ 197+~ Maturity Date: ~ r~ i~1~'t ~aq ~ Jttl) 12 ~ 1975 { ~ Interest Ratc: l~ , Amortization Period: From the daY he*eot to the Maturity Date. - s Instalment Paytnent: ~ ' First Instalment Payment Date: FOR VALUE RECEIVED~ the. undersigned and if more than one, jointly and se~erally (the \iaker). does hereby covenunt and promise to PaY to the order of Sun Bank of St~ Lueie County or to its successors or assigns (collectively Lhe payee)~ at its principal oif?ee at 111 Orange Ave.. Fort Pierce, Fla. or at sueh other place as the Payee may desig~?ate 3 to the ataker in w-riting fmm time to time. in legal tender of the United States. the Principal Amount together W-ith interest at the Interest Rste on the unpaid balanee of the Principal Amount. The sums due and owinK hereunder shall be payable durina the Amortization Period in equa~ monthly instalmenta, each in t6e amount of the Instalment Payment. the fint wch Instalment Payment to be made on the First Inatelment Payment Date and aubaequent Instalment Payments on the firat day o[ each month thereatter until the Maturity Date whereupon the entire unpaid balaQCe oi princi~al and interest attt..ed and unpaid thereon ahall be~.~ome due and pay able; each such instalment when paid shall be applied Grst to the payment of interest on the unpaid balance at the In- terest Rate and the remainder thereof to payment on uccount of pri~cipal. ' i If any Instalment Payment shall not be paid when due, then the entire principal sum and accrued interest here- 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, coltect 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 ezpenses of aervicing delinquent Instatment Payments. Failure to e:ercise t~ese options shall not constitute a wuiver of the right to ezemise the same in the event of any subsequent default~ It is further agreed that the Maker and each endorser, surety, guarentor. jointly and aeveralty. sha11 paY all costs of collection ot this Note, inciuding a reasonable attomey's fee, on failure to pay any Instalment Payment or any accrued interest due hereunder on the due date thereof_ This Note and all sums due bereunder shall bear interest at the highest law~ful rate of interest per annum in the State of Ftorida trom the date when the principal and acrrued interest under this Note shatl be due and payable_ The total interest payable hereunder shall not in any one year exceed the highest lawful rate of interest in the State of Florida. ' This Note is secured by a Mortgage, dated the date hereoE, ot ptopertY situated in the State of Florida. The Maker agrees that it siu~ll be bound by any ageement e:trnding the time or modifying the sbove terms ot paymeni, made by the Payee and the owner or ov+mers of tne property affected by said Mortgage, whether with or with- ~ out notice to the Maker, and the Maker shall continue liable to pay the amount due hereunder, but with interest at a rate no greater than the Interest Rate, according to the terms of any such agreement of extension or modi6cation The unpaid balance of the PrinciPal Amount, plus accnted interest shafl become due and payable at the option oi - the Payee under the happening of an event by which said balance shatl or may beeome 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 against whom en- tomement of any waiver, change, modification or discharge is sought. All parties to this Note, whether Maker, principal. sutety, gaarantor or endorser, hereby waive presentment for payment, demand, protest, notice of protest, and notice of dishonor, and ezpressly agree jointly and severally to remain and continue 6ound for the payment of the principal and interest provided tor by the terms oi this Note, notwithstanding any extension or eztensions of the timc ot, or for the payment ot naid principal or intere3t, or any change or changes io the amount or am~unts agreed to be pa~d under or by virtue ot tbe obligation to pay pro~ided for in this Note, or any change or cha~~ges by way of release or surrender or substitution of any real property and collateral, or either, held as security tor lhis Note, and vraive all and every kind ot notice o( such eztension or extensions, change or clwnges, and agree th~t the same may be made without the joinder of the ~Iaker. ~a ~ S/ o. s. C~s#sll O. 8. S/ ~r~ ~11 ~7 ~i~ f~~AM 31J ~F::i: 97 E?A73 =z ~ .,Y ' . rk - ~2 ..T~ " - ~ c _~:y~.•