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Home My WebLink About1651 ~ .~[~r~MCwn ; MORTGAGE NOTE j ~ ~w~ =1Z.000. 00 °t NO~~ ~ctober 1. t974 4 ~ ~taeu~i~r a~= October 10. 1989 ~ Interesc Rate: 9~~• - ~~n p,~riod: grom We day bereot co the Maturity Date. ~ iadalmenc P,.ymenc: ;125. 31 ~ ~ ~c ~at~nt Pa~?ment Date: November L0, 19T4 : . FOS VALUE RECEIVED, the underaigned aud if more than one, jointly and severally (the 1liaker)~ dcea hereby eo~enaot and promise to pay to the order of Sun Bank of Sk. Lucie County or to its successora or assigns (collectively the p~ayee)~ st its prineipal o~ce at 111 Orange Ave.~ Fort Pierre. Fla. or at such other place as the Payee may designate to t1~e ~[alcer in ~riting irom time to time, in legal tender of the United Statea, the Principal Amount together with interest at the Intereat Rate on tbe unpaid balance of the Principal Amoun~ i 'lbc sums dne and owinR bereunder shall be payable durin6 the Amortization Period in equal monthly instalmente. esch in t6e amount of the Instalment Payanent. the iirst such Inatalment Fayment to be made on the First Instalment ~ Paymeat Date aad sub~equent Instalment Payments on tbe 11~daY ot each month t6erea[ter until We Maturity Date wbereupon tbe entue unpaid balancs of priucipal and intereat accrued and unpaid tXereon ahall become due and pay aWe; eaeh snc6 imdatment when paid ehall be applied Ctzat to tbe payment of intereat on the unpaid balance at the In- terest Rate and the remainder thereot to payment on account of principal. If any I~talment Payment shall not be paid when due. then We entire principel aum and aecn~ed intereat here- nnd~r a~all becoone due and payable at once or thereafter. at the option of tbe holder oE thia Notc. The Payee maY, at i~ op~, col{ect a iatc char~e not to c~c~ed two cents tor eacb one dollar of each Inatalment Payment not paid when due to reimburse tbe Payee for ezpenaes of servicinB delinquent instalment Paymenta. Failure to exercise these optiona aha11 not cooatipite a~vaiver ot the right to ezercise the aame in the event of any aubaequent default It is furt6er agreed that the Maker and each endoraer. surety, Buarantor, jointly and eeverally. shall paY a11 coata of col{ect~a d ttis Note, ia,cluding a reasonable attorney'a fee. on failure to pxy any Instaltneat Payment or any accrued r intenst due bece~mder on tl~e due date thereof. This Note and all sums due hereunder ahall bear intcrest at the highest lawful rate of inte~st per annum in the State of Florida from the dete when We principal and accrued interest under t~s Note a6a11 be due and payaWe. T1~e total interest payable hereunder shali not in any one year e:ceed the higheat lawfal ratc d intereat in the State of Florida. This Note i~ eecured by a Mortgage, dated the date hereof. of property aituated in the State of Ftorida. ' '!be Maker agrees tha! it ahall be bound bY az?Y aBreement e:tending the time or modifying the above terms of pa~ment, made by tM payee and the awner or ownera of the property affected by said 11~1ortgage, whether with or with- ~ out notioe to tbe Maker, and the Maker shall rnntinue liable to pay the amount due hereunder, but with interest at a rate no ~reater than tLe Interest Rate, accordinB to the terms of any such agreement of e:tension or modif~ication. ~ ~ ~ 'T}x unpaid bal~Ce of the Principal Amount, plas secrued intereat shall become due and payable at the option ot `r~ tbe payee under !be happening of an event by which said balance ahall or may become due and payable under the terms € ot said Mort~e_ 'ILis Note may not be changed orally, but only by an agreement in writing, signed by the party againat whom en- ~ foreameat of any waiver. chanBe. modif'uation or discharge is aought A11 parti~ to this Note, whether Maker. principal, surety. guarantor or endoiaer, hereby waive preaentment for . payment, demand, protest, notice of pmtest, and notice of diahonor. and e~ressly agree jointly and severally to remain aod continue bound for the payment of the principal and interest provided for by the terms ot this Note. notwithstanding any ~te~on or eztensions of the time of, or tor the payment of said principal or intereat, or any change or changes in tbe amount or amounta aBreed to be paid under or by virtue of the obligation to pay provided for in Wie Note, or any ~ chanse or changes by way ot release or surrender or substitution of any real pmperty and collateral, or either, held as security for this Note, and ~+sive all and every k'snd of notice ot such e:tension or e:tensions, change or changes, and a~ree Wat t6e saa~e may be made vrit6out the joinder of tbe Maker. ~ , ~ ~ / s / William K. Henry ~ ~ ~ ~ ~ ~ / s / Helena D. Henry ~ ~ ~ d~~ ~z ~ss5~ ~ , ra~ 9t~ - r.•Jr.rr. n =us ~'.,,f ~ ~ ~-s~~- - - - ~ = " ' ~~"Y,.~,~ r s~ ~ t ' . 7 `x =~h3 ~sa`x ,~z:^fz ~ r~z'£'^ 'i n `f ~ ~ . .`~-'G'?-~ ~Sd-~.,Y.~ ~ _ _ -c>. ~9~.~,.~. ~