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Home My WebLink About2172 . ~ ~ ~ ~ ~.c~e...H~h. ~ ' # . ~ MORTGAGE NOTE ~ s12.000.d0 - pate ot Noce: ~I+t~r 9, 1~7i principal Amount: Macurity Dace: Z`BA Yea.sa . Interest Rate: lOa p,~r~~~ period; From the day hereot to the Maturity Date. > Instafinent Payment: t158. 59 - Firat Inatalment Payaient Date: Z]t~V~~Y 1~ 1~7~ FOA VALUB RECEIVED. the undersigned and it ts?ore tha~? one, joinUy and severally (the Malcer). does hereby co~enant and promise to PaY to tt?e order oi Sun Bank of St,. Lucie County or to its auccessors or assigns (colleetivelY the Payee). at ita principal ofiice at 111 Orange Ave.. Fort Pieree. Fla. or at such other p!sce as the PaYee raaY desi8as?te to the Ddakes in writing from time to time. in legsl tender of the United States, the Priucipal Amount together a?ith interest at the Interest Rate on t6e unpaid balance of the Princjpal Amouz?t 1'~e sums dne and owinA hereunder shall be payable duria6 the Amortization Period in equal monthly instaliaents. each in tbe amount ot the Instalment Paymenk ~~i~ I~~~°t Payment to be made on the flrst Inatalment Payment Date and sub~equent Instalment Payiments on the tirst day of each month thereatter until the Maturih? Date wheeeupon the entire unpaid balance of priR~pa1 and iAterest accnied and unpaid thereon shell be~.'ome due and pay- aWe: ~ch such instalment when paid shall be applied Crst to the payment oE interest on the unpaid belance at the In- ~~t Rate snd the remaindeF thereoi to payment on account of principnl• Ii any Instalment Payanent shall not be paid wl~en due. then the entire ptinciFal sum and a~~e~ 1°~~t under shall become due and payable at once or thereafter. at the option of the holder of this Note. TLe Payee may. at ita optio~. collect a late charge not to ~ceed two centa for each one dollar of ench Insta~ment Payment aot paid v?hen due to reimburse ehe Payee for e:penses of aervicinB delin9uent Instalmeat Payments. Feilure to e:ercise theee oPtions shall not coaatitute a waiver of the right to e:ercise the same in the event oE any subeequent default It is [urther agreed that the Maker and each endoraer. surety. 6uarantor. jointly and severally. aha11 P~Y all coste ot rnllection of this Note, including a reason+able attoraey's fee, on failure to pay any Instala~ent Payment or any acerued interest due hereunder on the due date thereof. 'T!?is Note and all aums due hereunder a6a11 bear interest at the hi8best lawful rate of interest per annum in the State of Florida from the date when the principal and aocrued interest under this l~iote sball be due and payabte- 'I'he total interest payable hereunder shall not in any one year excee.d the hiShest law[ul rate oE interest in the State of Florida. ~ This 1Vote is secured by a Mortgage. dated the date hereof. of ptw,~erty aituated in the State of Florida. The Maker agrees that it ahaU be bound by any a8reement e:tending the time or modifyinB the above terms of payment, made by the Payee and the owner or awneia of the pmperty affected by said Mortgage. whetl~er with os wiW- oat notice to the Maker. and the Maker shaii continue liable to pay the amount due hereunder. bat wiW interest at a rate na- gre~ater thaa the Interest Rate. aocordin~ to the tera~s of any auch a8reement of e:tenaion or modif~uation. 'Ibe unpaid balance of the Principal Aawunt, plus acrrued interest ahall bei.~ome due and payable at the option of the Payee under the happening of an eveat by which aaid balance shall or may become due and paYable under the temis 1 of said Mortgage. Thia Note maq not be changed orally. but only by an agreement in writinB. alSnc~ b3? ibe Pa~Y a8~~ `~'h°t° en- ; forcement of any waiver. change. modiCication or discharge is aought ~ All parties to this Note. whether Maker, princip~al, surety. guarantor or endoreer. hereby waive presenhnent for ~ Pa3+ment. demand. Protest, notice of pmtest. and notice of diatranor. and ezpreealY SSree lointly and severally to remain ~ i and continue bound for the payment of the principal and intereat Pm~ided ~or bY t6e terms of t6ia Note, notwithstandin6 ~ any e:tension or eztenaiona of the time of, or for tbe payment of said principal or intet~eat. or any change or changes in 3 the amount or amounta aBreed to be paid under or by virtue ot tbe oWigation to pay provided tor in this Note, or any ~ change or cbanges by way of release or surrender or substitution of any real pmpertY an3 ro1laEeral. or either, held aa aecurity for this Note. and v?sive all and every kind of notice of such e:teasion or e:teneiona, chanBe or changes. and ~ agree that the aame may be made wit6out the joinder of t6e Maker. I?ddr~ss: 4Z0 ~arth 13th Street gort piez-os, Florida 33450 /s/ E. J. Fair ~ ~ gppX~, P~E r~~ xwr ~u - vrtr,nc et ~us ' ' _ ~u~? .t -