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Home My WebLink About1000 ~ rUMAN[NT 1 • . ~ . MORTGAGE NOTE f Date ot Note: Nov. 1, 1974 ; pr"""p'd w°°°~u'e: s21. 000.00 ~ , ~ Maturity Date: Fiiteen Y ea ra i Interest Rate: ~ a °,'L ~ Atnorlisation Period: From We daY henof to the Maturity Date. ~ ~ f ~ Inatalrnent Payment: $219. 30 f ~,~t insr~~nc par~Ac n~e~: necember 15, 19?4 ~ F08 VALUE RECEIVED. the underaigned and ii mors than one, jointly and severally (the Maker)~ doea hereby eovenant and promise to PaY to the order oi 3un Bank oi S~ Lucie County or to its auceessors or aesigns (coUeetively the Payee). at ita principal office at 111 Orange Ave., Fort Piene, Fla. or at such other place aa the Payee rnay desi8nate to the Maker In writing irom time to time, in legal tende= oi the Unlted States. the Principal Amount together with inter~at at the Intereat Rate on the unpaid balsnee of the Principal Amount ~ The sums d~ and owinlt bereunder shall be PeYable during We Amortization Period in eciusl monWly instalmenta each in ths amount oi the Instalment Payment, the firsLey c~h Inetalment Payment to be made on the Firat Instalment Payment Date and subeequent Instalment Paymenta on theLti~ day ot each month thereafter unW the Maturity Date w6ereupon the entire unpaid balance of priqcipal and interest accrued and unpaid thereon shall become due and pay- able; ~ch suc6 inatalment w6en paid ehall be applied firat to the paYment of interest on the unpaid balance at the In- terest Rate and the remainder thereof to payment on account oi principal. If any Instalment Payment shall not be paid when due, then the -entire princiPal aum and a~~e~ ~~~t under shall beoome due and payable at once or thereafter. at the opdon of the holder of this Note. The Payee maY, at its option. collect a late charse not to e:ceed two oenta for each one dollar of ench Inetalment Payment aot paid when due to reimburse the Payee for e:pensea of eeivicin8 delinquent Instalaient Payments. Failure to e:en~ise theae oPtions ehall not constitute a waiver of tbe right to e:erciee the same in the e+?ent of any aubeequent defaulk It ia further agreed that the Maker and each endoreer. auretY. Buarentor. ~ointly and severally, ahall PaY all casts of rnUection of thia Note, including a ressonable attorney's fee. on failure to pay _ any Instalment Pay~aent, or any secrued f intereet due hereunder on the due date thereof. 'I'his Note and all sums due herew~der ahall bear interest at We highest lawful rate of interest per ann~un in the State of Florida from the date when the Principal and accrued intereat under this Note shall be due and paYable. Tbe totaI interest payable hereunder ahall aot in any one yeas e:eeed the hiehest lawful rate of interest in tl~e State of Florida. Thia Note is aecured by a Mortgage, dated the date hereof, of property eituated in the State of Florida. i ~ ; The Malcer agrees t6at it shall be bound by any aBreement e:tending the time or modifyinB the abwe terms of ~ payment, made by the Payee and the owner or ovmeis of the propertY affected by said Mortgage. whether with or with- out notioe to tbe Maker, snd the Maker ahall continue liable to pay the amount due hereunder. but with interest at a rate no greater than the Interest Rate, acrordinB to the tertas of any such agreeinent of e:tenaion or modification The unpaid belance of U?e Principal Amounk P1~ ~~~t ahal~ bec°me due and payable at the option of the Payee under the happening of an event by which said balance ahall or may become due and payabte under the terma of said Mortgage. ~ - T'his Note may not be changed orally, but only by an agreement in writin8, signe~ bY the Pa~' a8~+t foroement of any waiver, change, modification or discharge ia sough~ Al[ partiea to this Note, whether Maker. principel. aurety, guarantor or endorser, hereby waive presentment for payment, demand, psotest, notice of protest. and notice of diehonor, and e:presaly agree jointly and severally to remain and continue bound for the payment of the principal and intet+est pmvided for by the terms of this Note. notwithstandine any extenaion or e:tensions of the time of. or [or tbe payment of said principal or interest. or any change or changea in i the amount or amonnts agreed to be paid under or by vidue of the obligation to pay provided for in this Note, or any change or changea by way of release or aurrender or substitution of any real property and collateral. or either, held as security [or this'Note, and v?sive all and every kind of notice of such eztenaion or e:tensions, change or changea, and agree that the same may be made without the joinder of t6e Maker. ~ Privilege of prepayment of all or any part at any time is hereby granted without penalty. / s / John S. Kirkley /s/ Doris C. Kirkley BO~c ~?e~ PJ~CE as~ /iCRI 927 - PRIRI~IG ll Bdlw -a"I ~ . - Y "-=i. fn - .-~``~""''Yw.-'}-~..1 "~,#+•A r ._N I ~~'~^,.u'-Y ~ ~ ~ ~ ~ ~ r.-