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HomeMy WebLinkAbout0288 ? ~ HRMAN<NTI . . MORTGAGE NDTE ~;~a ~t: a39, soo. oo m~ ~ No~: oocrob.r zz, i9~~ M.n~~? n~~: !ilt~n Yras~ . - ~~~t x~.c~: 9~~ Amortisatioa Period: F`ro~n tl~e dsY bereo~f to the Maturity Dats. Latalment Paya~ent: ~~12.~8 ' Pirat IasWnaent P~?meat Date: ~h 1, 19~5 FOB VALUE RECEIVED. the undersigaed and ii ~nore t6ui one. 3oinUy and severally (the Maker). dces hereby covensnt and promi~ to psy to the order oi Sun Bank of 3k Lncie County or to its successora or assigaa (coAectively the , ~yee). at its pr~neipal oitiee at lii Orange Ave., Fort Pierce. Fla. or at sueh other plsce as the ~syee may deaignate to the Maker in ~rritin8 trom time to time. in leasl tender oi tl~e United Statea, the PrincIpal Amount together ~vith intereat :t the Interest Rate on the nnpaid bsLace o~ the Psincipal Amount T6e s~ms due and owinR ~hereundes shall be paYable durins ti~e Amortization Period in equal atonthly instalments. each in the amount oE the Inatalment Payment, the t'ud such Instelment Payment to be made on the Firat I~sstaiment Paymeat Date aad w6~e4uent Instalmeat Parymenb on tbe Cuet day oi each monW tbereaEter until the ~aturity Date whereupon the entire unpaid balanoe oi priaciP~l and intere~t accrued and uapaid thereon sball becoane due and pay- _ able; eacL a~ch indalment when paid a6a11 be applied fi=st to the payment oE interest on tha unpaid belanoe at the Ia- terest Rate and t1~e remainder Weteo[ to payment on account oE princip~al. ~ Ii any L,stalment Paymes~t ahall not be p~id wLen due. tb~ the entire principsl aum and socrued intereat here- under ahall become due and payable st onoe or thereafter, at tLe option oE the twlder of this Note. Tl~e Payee maY, at its oPU~, oollect a late char~e not to esceed hvo oents for each one. doAar of each~ Inatalment Payment not_ paid when due W reimburee tbe Payee for ezpeusaa of seivicina delin9uent Iastalment Payments. Failure to e:ercise these optioms shaA not constitute a waiv~er of tbe right to ~erciee the aame in the event of any subsecluent defauli - It is forther a~e+eed tLat the Maker and e~ch endorser. suret3?. Buarantor. joiatty and aev~erelly. bhall paY all costs of o~lleccion ot tLis Note, including a neasonable atcorney's fee. on fail~u+e to pay any Inetalmenc Payment or any aociued interest due Lereunder on the due date tbereof. Tbis Note and all sums due hereunder a6a11 bear interest at the hiaheat lawful rate af interest per ennum in tbe 3tate d Florida from tbe date ~hen tLe principal and aocrued interest under~ this Note ahall be due and PaYable• ZLe total intereat p~Yable hereunder shall not in any one year ezaeed tbe hig~eet l taarful rate oE inteiest in tbe 3tate of Floiida. • . . 'I7~is Note is secured by a Mortgage. deted the date hereof, of Property situated u? tbe State oi. Flosida. ~ The Makes agrees that it ahall ~be bound bY anY agre~nent e:tending the time os modifyinB We above terms of ! P~Y~nt, made by the Payee and the owner or aameis of the Propertp affected by eaid Mortgage, whether with or wiW- _ ~ out notioe to the Maker, and We Maker shall continue liable to pay the amount due her~under. t~t with intereat at a rate no Breater thau the Interest Rate, accordins to the terms of any wch aarecment of eztenaion - or modification. . The unP~id balaaoe of the Principal Amount, plus aocrued interest ahall become due apd P~Yable at tLe optioa ot the Payee under the happening of an event by which said balanoe ahaA or may become due and paYable under the terms of said Mortgage. _ T6is.Note may not be changed orally. but ontq by an agreement in writing, si~ed bY ~ PartY~ ae~t foroement of any waiver, change, modif~ication or discharge is soughL All parti~ to this Note, whether Mal~er, Pri~ipai. suretY. Buatantor or endorser. hereby waive presentment for PaYmer?t, demand. Pmtest, not~e of protest. and notiee of dis6onor. and ezpreaslY a6~ lo~~Y and severaUy to reanain and continue bound for the payment of the principal and intereat provided tor by the terms of this Note. notwithstanding any e:tension or eztensons of the time oE. or for tbe peyment of aaid principal or intetest. or any chan8e or c6anges in the amount or amounts a8reed to be Paid under or by virtue ot t6e obligation to , pay pmvided for in tbis Note, or any change or changes by wa~ ot releaae or aurrender or wbetituGon ot aay real property and rnllateral. or either. 6eid as security tor this Note`and w~~'ve~all and everY lund of notice ot auch eztension or e:tenaions, change or changea, and s~ree that the same may be tnade witlwut the joinder of t6e Mal~er. - M~~SS f ~ ~ll~ 1 ? 80~ ~~Z ~ =~=~0 ~ort pia~s+ce, lla. 33~50 L~ - ` ~~ivl << ~~t 2P c~a ~ BOOK~~JJ PAGE ~ . ra~r na - tusttr, ri ~.ur - _ . _ _ - s~;;~- ~.;'~`sr~3 r" sL.~s ~.'q,_ ~ , .~.-+,3 ,r~ , -s° ~ . . ~ ~ ~ r-' . . , ~~~r . . _ - ~ -~~,x' _ ~~:k,~~: