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Home My WebLink About2836 IV[I~Y~NtNf1 MORTGAGE NOTE princiPal Amounc: $15 . 0 R U.~ J , ~ No~Q: Ju ly 19 . 1 S 7~1 ~ ~ Maturity Date: Fifteen Years ; ~ IAterest Rate: 9~ ~ _ ; Amortisation Period: I~~om the day heeeot to the Maturity Date. ` ! Instalment Payment: $ ~ Z .14 ~~c t,~c~t~,c pay~at n~u: Se taint~e r 10 , 19 74 FOR VALUE RECEIVED~ the undeisigned and ii more than one. jointly and severallY (the Dda?1~er). dcea hereby eovenant and promise to PsY to the order of Sun Bank oi 3k Lucie County or to ita successors or assigas (coUectively the Payee). at its principal oifiee at 111 Orange Ave.. Fort Pierce, Fla. or st s~eh other plaee ss the Ps3'ee maY de~iSn~~ to the Maker in vrriting frozn time to time. in legal tender of the United States, the Principsi Amount together with interest at the Interest Rate on the unpsid balsnce of the Principal AmounL The sums due and owin~c lienunder shall be P~u?able durina the Amortization Period ia Wual monthly instelnnents. eech in the amouat ot the Instalment Payment, the tirst such Instalment Payment to be made on the flrst Instalment Payment Date and subeequent Instalment Payments oa thel'~ L~y of each month therea[ter unW We Maturity Date whereupoa tbe entire unpaid balance of principal and interest accrued ~unP~i~ o~°~1 d~ ~~~a the Ia- able; each auch instalment when paid shall be appGed Cist to tl~e payme - tereat Rate and the remainder thereot to paytnent on account ot principal. If any Instalment Payment ahall not be paid when d~. then ihe entire pri~~P~ aum and accrue~ interest bei'e' under ahall becoaie due and payable at once or thereafter. at tbe option of tbe holder of this Note. 'I'he Payee may. at its option, coliect a late char~ee not to ~ceed tMro centa for each one dollar of e~ach Instalment Payment not paid when due to reimburse t1~e Payee for e:penses of eeivicii?B delin9uent Inatalment Payments. Failure to e:ercise theae optiona shall not constitute a waiver of the right to exerciee the same in the event ot any subeequent default It is furtber agreed that the Maker and each endoreer. surety. Ruarantor. juu?tly and severally. ahall PaY sU costa of rnllection of this Note. includin6 a reaaonable attorney's fee. on failure to pay snY Instalment PaYmeAt or any accrued interest due hereunder on the due date thereof. Tbis Note and all auma due here~uuler shall bear interest at the hi8heat Iawful rate of interest per annum in tbe 3tate of Florida Emm the date when the principal and accrued interest under thia Note ahall be due and paYable. The total interest payable t~ereunder shall not in any one year ezceed the higheat lawful rate of interest ia the State of Florida. 'Ibis Note is secured by a Mortgage. dated the date hereof, of property situsted in We 3tate of Florida. The Maker agrces that it shall be bound by awy aBreement e:tending tbe time or modifyinB the above terms of paymeat. made by the Payee and the owner or owneis of the pmperty uffected by said Mortgage. wbether with or with- out notioe to the Maker. and the Maker atiall continue iiable to pay the aawunt due hereunder, but with interest at a rate no greater than the Interest Rate. according to the terms of any such agreement of e:tension or modification. f s I The unpaid balance of the Principal Amount, plus acctued interest ahall become due and paYable at the op6on ot s . the Payee under the happening of an event by which said balanee ahall or may become due ar?d payable under the terms r r of said Mortgage- This Note may not be changed orally, but only by an agreement in writing, ai8ned bY the P~rtY aB~t whom en- forcement of any waiver, change, modification or discharge ia sou8hk ~ - i All parties to this Note. whether Maker, principal, auretY. Buarant~r or endorser. hereby waive presentment for 1 ~ PaYment, demand. Pmtest, notice of protest, and notice of dishonor. and ezpressly agree jointly and aeverally to remain 1 and rnntinue bound tor the payment of the principal and intereat pmvided tor by the terma of thia Note. notwithatanding . any extenaion or e:tensiona of the time of, or tor the payment ot said principal or interest, or any change or changee in ; the aawunt or amounts a8reed to be Pa~d under or by virtue of the oWigation to pay pmvided for in Wis Note, or any c6ange or changes by way of reia~se or surrender or substitution of any real property and rnllateral• or either. held se security for this Note, and waive all and every kind ot notice ot such eztension or e:tensians, change or changea, and agree t6at t6e aame may be made without the joinder ot t6e Maker. ~d4re:s s: ~c~it~ 4. Isox_ 14 fi c^ort Pfc:x'ce, Flarida 3~ f50 /s/ Normand R. Miller /s/ Janet K. Miller dp~ ~ PA6E~.othi t~ ~:J - ~ur;;s. r~ ~~.ar -_~~Y ~F= - - 7 z. _v~~