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MORTGAGE NOTE ~
Principal Amount: ~1lJ. 000.00 ~Le ~ Note:
October 29. 1974
Maturity Date: F~ve Ye~t'8
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Intereat Race: 107`
Antoriisation Period: From tbs day bere~ to the Maturity Date.
InstaL»ent Paymeat: 12. 48 ~ ' .
Fint Instalment Payment Date: ~~cember 15. 19T4
FOA VALUE RECEIYED~ the underaigned and if morE than one~ Jointly and severally (the Maker), dcea hereby ~
covenant and pmause to pay to the ordtr oi Sun BanY of S't. Lucie County or to its succes.gors or assigns (colleetively the
Payee), at ita principal office st 111 Orange Ave.. Fort Pierce, Fla. or at such other place as ~the Payee may designate
to the Maker iu writing irom time to time. in legal tender of the United Statea. the Principal Amount together with
interest at the Intereat Ratc on tl~e unpaid balance of the Principst Amouni ~
The auma due and owin~ hereunder shall be paYable darina t6e Amortiaatiaa~ Period in e4ua1 monthly inatalments, j
each in the amount ot the Instalment Payment, the tirst such Instalment Peyment to be made on the First Inatalment
Paymeat Date and subsequeat Instalment Paymenb on the 15fllday ot ee~ch month tbeceatter until Ii~e Maturity Date ,
whereupon the entire unp~id balance ot pri~cipal and interest accnied aad unpaid thereon e6all become due and pay- .
able; each such instalment when peid ahall be spplied ~tat to the payment of interest on tl~e unpaid balance at the Ia-
terest Ratc aad the remainder thereof to paymeat on acoount of princip~l.
If any Inatalment Payment ahall not be paid when dae, then the entire priacipal sum a~ accrued interest here-
under sball beoome due and paysWe at onoe or thereafter. at the option ot the holder of this Note. The Payee may. at
ite option. collect a Iate charge not to ezceed two cents tor each~ one dollar of eech Instalment Payment not paid when
due to reimbursg the Psyee for e:penaea of eervicing delinquent Inatalment Payments. Failure to ezerciae these optiona
ehall not rnnstitnte a waiver of the right to euercise the same ia the event of any subsequ~t default
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It ia further agreed that the Malcer and each endoreer, surety. guarantor, joindy and severallY, ahall paY all costs ot
rnlleMion of thia Note, including a r~asonable attorney's fee. on failure to pay any Inatalment Payment or any accrued
interest due bereunder on the due date t6ereof. '1'his Note and all s~una due hereunder ahall bear intereat at the highest ~
lawfnl rate of intereat per annum in the 3tate of Ftorida Erom tLe date when the principal and aocrued intereat under -
thia Note ahall be due and payable. Tf~e total interest payable hereunder shall not in any one yenr e:ceed the higheat
lawful ratc of interest in tl~e State of Florida.
T6is Note is aecured by a Mortga~e, dated the date hereof. of pmperty situated in the 3tate of Florida.
~ The Maker agrees that it shall be bound by any agreement e:tending the time or modifying the above tera~a of
; payment, made by tbe Payee and the owner or owners of tbe pmperty atfected by said Mortgage. wbet}~er with or wiW-
; out notioe to the Maker, and the Malcer shall continue liable to pay the amount due hereunder, but with intereat at a
j rate no greater than the Interest Rate, aocording to the terms of any such agreement of e:tenaion or .modification.
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~ 'I7ie unp~id balance af the Principal Amount, plas accn~ed inteteat ahall b~ due and payable at the option of -
~ the Payee under the isappening of an event by which said baianoe shall or may become due and payable under the tern?s
of said Mortgage. ~
This Note maq not be changed orally. but only by an agreement in writing, signed by tbe party against whom em ~
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forcement of any waiver, change. madi~cation or diacharge is sought =
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AU parties to t6is Note. whether Maker, principal. surety. guarantor or endorser. herebyr waive preseniment for '
paya?ent, demand, protest, notice of protest, and notice of diahoiar. a~ ezpreasly agree jointly and eeverally to remain
and continue bound for the payment of t6e~ principal and intereat pmvided for by the terme of thia Note, notwithetanding
any extension or ezteasions of the time of, or for the paymen~ of said principal or inteteat, or any change or changes in
the amount or amounts agreed to be paid under or by virtue of the obligation to pay provided for in t6is Note, or any
change or changea by way o[ release or sur~ender or substitution of any resl pmperty and rnllateral. or either, held ae
security tor this Note, and waive all and every kind ot notice of suc6 ertension or extensions, change or c~ngea, and
agree that the same may be made wit6ovt the joinder of t6e Maker. _ a
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~ . / s / Eunice N. Hambleton
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