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Home My WebLink About2662 1?[I~YaNCMTI ~ ) , ' MORTGAGE NOTE ~ 540,000.00 S+apto~r 13, 197~ PtinciPal Amouat: Date ot Note: Maturity Date: Tdlri Yeil'Y :aterest Rate: g~~ This note may be prepaid in, ~~,orc;:sua, period; F~om t}~e day hereof to the Maturity Date. whole ~ or in part at any ~ time without penalty. Iisstalment Payment: +SSZ7.~d fliat Instalwent Paytoent Date: OCtQbEit 2 Z• l~ 7 ~ FOR VALUE RECEIVED. the underaigned and if more than one. jointly and severally (the DSaker). dces henby ro~.enant and pmmise to pay to the order of Sun Bank of St. Lucie County or to its successora or assigns (colleetively the Payee). at its prineipal offiee at lll Orang~c Ave.. Fort Ae:re, Fla. or at auch other plaee as the Payee may deaignste ~to the Msker in vvriting from time to time. in legal tender of the United Statea. the Principal Amount together with intereat at the Intereat Rate on the unpaid balance of the Prineipal AmounL '19~e suins due and owing hereunder ahall be payaWe durin8 the Amorti~ation Period in equal monthly inatalments. ench in the amount of the Instalment Payment. the firat such Instalment Payment to be made on the Fitst Inatalment Payment Datc and subeequent Inatalment Payments on the ~~.~~Y o[ each monW thereaEter until the Maturity Date i whereupon the entire unpaid b~lanoe of priR~iPs1 ~~~u'~ 8~^'~ ~'d ~P~d thereon ahall become due and pay- able; each such inataiment when paid ahall be applied Crst to the payment of intereat on tl~e unpaid balance at the In- terest Rate and the remainder thereot to payment on account of principal. _ If any Instalment Paymeat shall not be paid when due, then the entire p*inciPai s::r° and a~~e~ ~~~t ~t'e' under shap become due and payable at once or thereatter. at the option of the holder of this Note. Tbe Payee may. at ; its option, collect a late charge not to e:ceed two centa for each one dollar of each Inat: :.-aCnt Paymeni aot paid when i due to reimburee the Payee for e:penses of eervicin8 delinquent Instalment Paymenta. Failure to e:ercise the~e optiona ` ahall not constitute a waiver of the right to exerciae the aame u? the event of any subeequ~~t detault. ~ It is further agreed that the Maker and each endorser, aurety, guarantor. jointly and eeverallY. shall PeY al~ costs af rnllection of Wis Note. including a reasonable attorney's fee, oa tailure to pay any Instalment Payment or any accrued interest due hereander on the due date thereof. Thia Note and all sams dae hereander shall bear interest at the highest lawful rate of interest per annum in the State of Florida from the date when the principal and aocrued interest under t thia Note ahall be due and payable. Tt~e total intereat payable hereunder shall not in any one year e:ceed the highest ~ lawEul rate of interest in the State oE Florida. ~ This Note is sec~red bY a Mortgege. dated the date hereof. of property situated in the State of Florida. T6e Maker agrees that it shall be bound by any a8reement e:tending the time or modifyinS the abm'e tera~a of payment, made by the Payee and the owner or owneis of the pmperty affected by ar.id Mortgage, wbether with or with- out notice to the Malcer, and the Maker shall continue liabte to pay the amount due hereunder. but with intereat at a } rate no greater thaa the Intereat Rate. aecording to the teims of any auch agn~ement of eriension or modification. , 'I'he unpaid balance oE the Principal Amoant. plus aecrued interest shall become due and payable at the option of the Payee under the happening of an event by which said balance ahall or maq become due and payable under the terms of said Mortgage_ This Note may not be changed orally. but only by an agreement in writing. aigned by the partY a8ainst whom en- forcement of any waiver, change. modifiication or dixharge is aought pp partiea to this Note, whether Maker, principal, surety. guarantor or endoreer, hereby waive presentment for payment, demand, pmtest, notice of protest, and notice of dishonor. and e:pressly agree jointly and severally to remain and continue bound (or the payment of t6e principral and interest provided tor by the terms of thia Note, notwithstanding any e:tension or e:tenaions of the time of. or tor the payment of said principal or interest, or any change or changes in z the amount or amounts agreed to be paid under or by virtue of the obligation to pay provided for in this Note, or any ~ cbange or changes by way ot releaee or surrander or sab~titution o[ any real pmperty and rnllateral. or either. held as security (or this Note, and v?aive all and every kind ot notice of such e:tension or e:tensions, change or change~. and agree that the same may be made without the joinder of tbe Maker. , Asidr~ss : Y. O. Box 3704 gp~ct pieroe, plorida 33450 ~ /s/ Bet*y Jane Johnson ~~23i ~~657 rcxr ~:s - riun:r, sT a~ar - - - - - ~ . . _ _ ~ ~