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Home My WebLink About0750 I~EAVANENrI ~ MORTGAGE NOTE $ 3 j 000. 00 pate ot Note: ~Pted-`e]~ i 197a ; Principal Amount: ~ ~ 1 Maturity Date: ~wn ~e~s ~ . ~ Inteseat Rate: j•Oa # i i Amortisation Period: From lhe daY her~oE to ihe Maturity Date. i Inatalment Payment: ~~9.81 First Inatalment Paynoent Date: NOV~t~r l~ 197~ • _ ~ ~ FOR VALUE RECEIVED, the underaigued and if more than one. jointly and severaUy (the Malcer). dces hereby # co~enunt and pmmi~ to PaY to the order of Sun Bsnk of SL Lueie County or to its succesaora or assigns (collectively tl?e ~ Yayee). at ita principai office at 111 Orange Ave.. Fort Aerce. Fla. or at such other place as the Payee may deaignate to the Ddaker in wiitin8 trom time to time, in legal tender oi the United States, the Principal Amount together with ; intereat at the Intereat Rste on U?e unpaid balance of the Principal Amounk I Tl~e eums d~ and owinR hereunder s~all be payable durinB tbe Amortization Period in equal monthly instalmente. each in the amount ot the Inatalment Payment, the first suc6 Instalment Payment to be made on the flrst Instalment Payment Date and subecquent Inatalment Payments on the first-day of esch month thereatter until the Maturity Date whereupon the entire uapaid balance of pricicipal aad intereet accrued and unpaid theteon e~6all bcr.'ome due and pay- able; e~ch such inatalment when paid shall be applied t'iist to We payment of intereat on the unpaid balance at the Ia- terest Rate aad the remainder thereof to payment on account of ptincipal. If any Instalment Paycaent ahall not be paid when due. then the entire principal aum and accrued interest here- under sball beco:ne due and payable at once or thereatter, at We option of the holder of this Note. Tbe Payee may, at ita option. collect a late c2Yarge not to ezceed two cents for each one dollar of e+sch Instalment Payment not paid wben due to reimburse the Payee tor expensea of eervicin8 delinquent 1natalment Payments. Failure to ezercise theae oPtians shall not constitute a waiver ot the right to e:erriae the aame in the event of any aubeequent default It is further aareed that the Maker and each endorser, surety. guarantor, jointly and severellY. ahall PaY sII coeta of collection ot this Note. including a reseonabte attomey's fee. on failure to pay any Instalment Payment or any accrued interest due hereunder on the due date Wereof. This Note and all suma dae hereundet shall bear interest at the higheat law[ul rate of interest per annum in the 3tate of Florida tmm the dafe when the principal and acerued interest under this Note shall be due a~ paYable. T6e total interest payable hereunder ahall not in any one year ezceed the hiBheat lawful rate of intetest in tbe State of Florida. This Note is secured by a Mortgage. dated the date hereof, of pmperty situated in the 3tate of Florida. E The Maker agc~eea that it ahall be bound by any agreement e:tending tbe time or modifyin8 the above tesms of ~ payment, made by the Payee and the ow~ner or owneia of the property affecteii by said Mortgage. whether with or with- ~ ~ out notice to ihe Maker, and the Maker shall continue liable to pay the amount due hereunder. but w?th interest at a ~ rate no gr~ter than the Interest Rate, accordinR to the terms of any auch agreement of e:tenaion or modif'x~tion. ~ } Tt~e unpaid balance of the Principal Amount, plus aecrued interest ahall become due and payable at the option ot the Payee under the happening of an event by which said balance sl~all ot may become due and payable under the terms ; of said Mortgage. _ This Note may not be changed orally, but only by an agreement in writing, si~ned by the parcy a8ainet whom en- forcement of any waiver, change. modi[ication or discbarBe is sought All parties to thu Note. whether Maker, principal, surety. guarantor or endoraer. herebY waive preaentment for ~ payment, demand, pmtest, notice of prntest, and notioe of diahonor. and ezpreaely agree jo~ndY and eeverally to remain and continue bound for the payment o[ t6e principai and interest pmvided tor by the terms of thia Note. notwiWstandin8 any extension or extensions of the time ot, or tor the payment of said principal or ii?te*est. or any change or chan8es in the aawunt or amounts agreed to be paid under or by virtue of the obliaation to pay provided tor in this Note. or any change or changea by way of release or surrender or substitution of any real property and rn~lateral. or either, held se security for this Note, aad v~aive all and every kind oi notice oi auch e:lension or e:tensions, change or changee, and agree that the same may be made without f6e joinder of t6e Maker_ 2410 Ta~asind Urivs - gort pi~rce, Plori~a 33450 ~ ~ /s/ John T. O'Donnell ~ ~ /s/ Lydia M. O'Donnell j t :k - eo~~ ~2 ~ 750 s~+r a:s - vntrrr~ ~r r~ur - ~ .t,~,. ~ ~ ` . ; - - - - ~ ~ ~,~~~~a~ ~ , .