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Home My WebLink About0022 ~rEAMAN[MT1 MORTGAGE NOTE Principal Amount:f (~T, 500. 00 Date ot Note: July 22, 1974 ; - ~ t Macuri~y nat~: Fift~en Yaars ; Intere3t Rate: ~j ~i Amortisation Period: From the day hereot to the Maturity Date. - Instalment Payment: ~684. 64 . Firat Instalment Payment Date: ~e~tenibCl' 1, 19T4 ~ ~ FOR VALUE RECEIVED, the undersigned and it more than one~ jointly and_severally (the ~iaker), doea hereby covenant and pmmise to pay to the order of Sun Bank of St Lucie County or to its successors or assigna (collectively the Payee). at its principal office at 111 Orange Ave.. Fort Pierce. Fla. or at such other plaee as the Payee may desiBnate io the Ddaker in vvriting from time to time. in legsl tende: oi the United Statea. the Principxl Amount together v~~th .,,*s~t s? thP ~n±or~t I~L~ on the unnaid balance of the Prineipal Amount - ~ ~ - ! The suma due and owintC hereunder ahall be payable during the Amortization Period in equal monthly instalmenta. j each in the amount ot the Inatalment Payment, the fitat such Inatalment Payment to be made on the First Instalment ; Payment Date and subeequent Instalment Paymentn on the first day o[ each month WereaEter until the Maturity Date ~ whereupon the entire unpaid balance ot pri~cipal and interest accnied and uapaid thereon ahall become due and pay- F able; each such instalmenL when paid shall be applied tirst to the payment oE intereat on the unpaid balance at the In- _ terest Rate and the remainder thereot to payment on account of principal. ~ i ~ If any Instalment Payment ahall not be paid when due, thett the entire princiPa~ sum and accrued intetest here- under shall become due and payable at once or thes~atter, 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 e~ch• instalment Payment not paid when due to reimburse the Payee for e:penses of eervicine delinquent Instalment Payments. Failure to e:ercise these oplions ahall not conatitute a waiver ot the right to exercise the eame in the event of any subeequent detault. It is further agn~ed that the Maker aad each endorser. surety, guarantor, jointly and eeverally, shall pay all costa of collection of this Note, including a reasonable attorney's fee. on failure to pay any Instalment Payment or any accrued interest due 6ereunder on the due date thereof. This Note and all sums due hereunder ahall bear interest at the highest lawful rate of interest per annum in the State of Florida from the date when the principal and accrued interest under this Note ahall be due and payable. T'he total interest payable hereunder shall not in any one year ezceed the highest lawful rate of interest in the State of Florida. ~ ~ This Note ia sec+~red by a Mortgage. dated the date hereof, of property situated in the State of Florida. k ~ The Maker agrees that it shall be bound by any agreement e:tending the time or modifying the above terma of ; payment, made by the ~ayee and the owner or owners of the property affected by said Mortgage, whether with or with- ~ out notice to the Maker, and the Maker ahall continue liable to pay the amount due hereunder, but with interest at a ~ rate no greatcr than the Interest Rate, acrording to ihe terms of any auch agreement of e:tension or modircation. : s ~ The unpaid : balance of the Principal Amount. plus acrrued intereat shatl berome due and payable at the option of ~ the Payee ander the happening of an event by which said balance ahall or may become due and payable under the tem~.s ~ of said Mortgage. ~ ~ ~ T'his Note may not be changed orally, but only by an agreement in writiag, signed by the party against whom en- ~ torcement of any waiver, change, modification or discharge is sought_ ~ All parties to this Note, whether Maker, principal, surety. guarantor or endorser, hereby waive presentment for payment, demand, protest, notice of pmteat. and notice of dishonor, and e:pressly agree jointly and eeverally to remain and rnntinue bound for the payment of the principal and interest provided for by the terms ot this Note, notwithstanding ~ any eztension or extensions of the time of, or for the payment of said principal or interest. or any change or changes in ~ the amount or amounta agreed to be paid under or by virtue of the obligation to pay provided (or in this Note, or any { change or changes by way of release or surrender or subatitution of any real pmperty and collateral, or either, held as ~ ~ security for this Note, and v?aive a11 and every kind of notice of auch e:tension or e:tensions, change or changes, and ~ agree that the same may be made without the joinder of the Maker. s; ~ti - r ~ _ • ~ < < ~,_..L ~ ~ ~ ~ t~`Y ~ ~ ~ ~ . ` 1 l ~ ~ /.i ' ~ / . _ ~ ~ ~ f i 'y i O!}~R{y~ ~'3 rG+M au _ pru,~rtr. e7 ~us VV~~ ~ ~ - _ . ~ ~ ~ - - - - - ~ r~~ " ~ ~ _ . . . _ . _ . _ L . . , .,~_~=h°: