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Home My WebLink About0569 ~ ~ ~fAMANENT 1 MORTGAGE NOTE ~e: i20, 000.40 ~ No~: Oot~ob~~c 1S, 197~ Maturity Date: T~11 Y~i Interest Rats: 9~~ - Amorcization Period: F~om We day hereof to che Meturity Date. - ~t8~c pa~nc: $Z56.07 ' ~ Firet IAStalment Payment Date: D~OMb~~ 3,'7~ ' FOR VALUE RECEIVED. the underaigaed and if more tban one. jointly and severaUy (the Maker). doea hereby covenant snd promise to paY to the order of Sun Bank oi Sk Lueie County or to ita successora or assigns (coUectively the Payee). st ita prtncipsl oifice at 111 Orange Ave.~ Fort Pietre. Fla. or at such other place as the Payee msy designate to the Maker in writing fmm time to time, in legal tender of the United States, tbe Prin¢ipal Amount togetl~er with intereat at the Interest Rate on the nnpsid balanee oi the Principal Amounk The sums due and owinR hereunder a6a11 be payable durinB the Amortization Period in equal monWly inatalments. each in the amount of the Instaiment Payment, t6e fiist such Inatalment Payment to be tnade on tbe First Inatalment Payment Date and submequent Indalment Paymeuta on the ~ day of e~ch month thereafter until the Maturity Date whereupon the entire unpaid b~lance ot principal and intere~t accrued and unpaid thereon ehall become due and pay- able: each auch~ instalment when paid shall be applied Crst to the payment ot interest on the unpaid balance at the In- terest Rate and t6e remainder thereof to paymeat ori acconnt ot principal. IE any Inatalment Payment shall not ba paid when due, then tUe entire P=incapal sum and accrued iatereat here- under ahail become due and payable at once or tbereafter, at the option oE the holder of this Note. The Payee may. at ifs option. collect a Iate charge not to e~coeed two centa for each one dollar of each Instalment Payment not paid when • due to reimbarse the Payee for e:penses of setvicing delinquent Instalment Paymenta. Feilure W ezercise these options ahall not constitute a waiver of the right to e:erciee the qame in the event of any aubeequent default It is further agreed that the Maker and each endorser, surety. Buarantor. joindy and severaUY. ahall paY all costs of - collection of this Note, including a reasonable attorney a fee, on failure to pay any Inatalment Payment or any accrued intereat due hereunder on tbe due date thereof. Thia Notc and all aums due bereunder ahall bear interest at the 6igheat lawful rate of intereat per annum ia the 3tate of Florida ttom We date when the principal and accrued interest under thie Note a6a11 be due and payable. The total intereat payable hereander ahall not in any o~ year. e:ceed the hi8heat Iawful rate of intereat in the State ot Florida. 'I~?ia Note is eecured by a Mortgage, dated the date hereof. of pmperty aituated in the 3tate of Ftorida. 't The Maker agrces that it ahall be bound by anY agreement e:tending the tiaie or modifying the above terms of paW~enk by tM Payee aad tbe owner or owaere of the pmperty affected by said Mortgage. whet}~r with or vrith- ~ out notioe to the Maker, and t}~e Maker shall continue liable to pay the aawunt due hereunder, but with intereat at a , ~ rate no greater than the Interest Rate, aecording to tbe terms ot any such agreement o€ e:tension or modification. ~ 'I'he unpaid balance of the Principal Amount, plus accrued intecest ahall become due and payabie at the option ot ~ We Payee nnder the happeaing of an event by which eaid balance shall or may become due and payeble under the terma of said Mottgage. This Note may not. be chat?ged orally. bat only by an agreement in writing. aigaed by the party against whom en- forcement of any vr~aiver. change. modification or discharge is sought All parties to thia Note, whether Maker, principal. surety. guarantor or endoiaer. hereby waive preaentroent tor payment, demand, proteat, notice of protest, and notioe d dishonor, and e~ressly agree jointly and eeverally to remain and continue bound- for the payment of We principal and intereat pmvided for by the terma o( this Note. notwithstanding any e:tension or ezteneions of the time of. or for the payment of eaid principal or interest. or any change or c6angea in ~ the amount or amounta agreed to be paid under or by vidue of the obligation to pay provided tor in this Note, or nny ~ change or changea by way of release or surrender or substitution of any real property and collateral, or either, held as security tor this Note, and w-sive all and every kind of notice of such eztension or eztensiona, change or changes, and agree that t6e same may be made wit6out t6e joinder of t6e Malcer. ~ ~dd~c~s: ltoute 4, Bas 9~14 ~ Fott Pie1't~, Flori~ 33~150 ~ ~ /s/ Daniel V. Bruno ~ ~ - /s/ Luigia T. Bruno ~ 600K~~V~7 PACE t~ , ~ ,a.~ _ ~tx n . ~ ; ~ ~ ~t ..v~. r_ . ~