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Home My WebLink About1682 ~~EAMAN[N11 , MORTGAGE NOTE Psincipal Amount: ~30~ 000. 00 Date ot Note: Maturity Date: Attgust E. 1989 ; Interest Rate: Amortization Period: From the day hereof to the Maturity Date. t Inatafinent Payment: ~295.43 ~ t First Instalment Payment Date: Sept~mbsr 15, 1974 L 5 FOR VALUE RECEIVED. the undersigned and if more than one. jointly and severally (the ~laker). dces hereby ~ corenant and promise to pay to the order of Sun Bank of St. Lucie County or to its successors or assigns (collectively the i Yayee). at its principal ofrce at 111 Orange Ave.. Fort Pierce. Fla. or at such other place as the Pa3ee may designate to tne bisker in vvriting from time Lo 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 shall be payable during the Amortization Period in equal monthly instalments. each in the amount of the Instalment Payment, the first such Instalment Payment to be made on the First Instaiment Payment I?ate and aubsequent Instalment Payments on the 15~c1eY of each month therea[ter until the Maturity Date whereupon the entire unpaid balance o[ principal and interest accrued and unpaid thereon ahall become due and pay- - able; each such in9taiment when paid shall be applied ~rst to the payment of interest on the unpaid balance at the In- terest Rate and the remainder thereo[ to payment on account of principal. 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 thereafter, at the option of the holder of this Note. The PaYee maY. at its option, collect a late charge not to ezceed two cents for each one dollar of each Instrilment Payment not paid when 'F due to reimburse the Payee for e:penses of servicin8 delinquent Instalment Payments. Failure to exercise these options s ahall not constitute a waiver of the right to exercise the same in the event of any subsequent default. • 4 It is further agreed that the Maker and each endorser, surety. Buarantor, jointly and aeverally, ahall pay all costs ot coilection of this Note, inctuding a reasonable attorney's fee. on failure to pay any Instalment Payment or any acctued ~ interest due hereunder on the due date thereof. This Note and all sums due hereunder shall bear interest at the highest F lawful rate ot interest per annum in the State of Florida fwm the date when the principal and accrued interest under this Note shall be due and payable. The total interest payable hereunder shall not in any one year excecd the highest , lawful rate of intereat in the State of Florida. ~ ' { This Note is aecured by a Mortgage, dated the date hereof, of property situated in the State of Florida. E ~ The Maker agrees tluit it shall be bound by any agreement eztending the time or modifyinB the above terms of u ~ payment, made by the Payee and the owner or owners of the property aifected 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 q ~ rate no greater than the Interest Rate, according to the terms of any auch agreement of extension or modification. ~ ~ The unpaid balance of the Principal Amount, pius acrrued interest shall becY~me due and payable at the option of ~ ~ the Payee under the happening of an event by which said balanee shall or may become due and payable under the terms ~ of said Mortgage. ' 5 S This Note may not be changed orally, but only by an agreement in writing, signed by the party against whom en- ~ forcement of any waiver. change. modification or discharge is sought. j # pll parti¢s to this Note, whether Maker, principal. surety, guarantor or endorser, hereby waive presentment for : payment, demand, protest, notice of protest, and notice of dishonor, and e:pressly agree jointly and severally to remain ; and continue bound for the payment of the principal and interest provided for by ttie terms of this Note, notwithstanding ~ any e=tension or extensions of the time ot, or for the payment o[ said principal or interest, or any change or changes in ~ the amount or amounts agreed to be paid under or by virtue ot the obligation to pay provided tor in this Note, or any ~ change or changes by way of release or surrender or substitution of any real property and collateral, or either, held ae security for this Note, and w•aive all and every kind of notice of such e:tension or extensions, change or changes, and ~ agree that the same may be made without the joinder ot the Maker. t0lill ~ci~il~qs ot p~r~paYon ~ or anT part at anY tisse i~ h~seb~ ~ qranted vitbant poaalty. ; / s/ Charles R. C roghan ~ - ~ ~ /s/ Rose Marie Croghan ~ ~ ~ ~Y 800K~.W ~':y NFN ?!J - FAIITIY. Dl d~'.tlRl ~ _ . . ' _ . ' . . : - . . _ . ~