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Home My WebLink About2161 ~~EAM~H[NTf - MORTGAGE NOTE - Principsl Amount: ~7 ~ 500. 00 Date ot Note: N01I~a~beR 2~ ~ 197~ ; Maturity Date: 96 MOi~th~ ~ Ineerest Rate: 9;i~ . - s Aawrti:ation Period: F~om the day bereot to the Maturity Uate. Instelment Payment: 5111.84 First Inatalment Payment Date: ~ J~~=Y 10, 1975 FOR VALUE RECEIVED. the undersigned and if more than one. jointly and aeveraUy (the Maker). doea hereby covensnt and pmmise to pay to the order of Sun Bank of Sk Lucie County or to its successors or assigns (collectively the - Psyee). at its principsl offiee at Ill Orange Ave.. Fort Pierce~ Fla or st such other place as the Payee may designat~ to the Maker in writing irom time to time. in legsl tender oi the United Statea, the Principal Amount together with interest at the Interest Rate on the unpaid balance oi_ the Pdncipat Amounk The aums dw and owinit hereunder shall be paYable durine the Amortization Period in equal monthly instalmenta, each in the amount o[ the Instalment Payment, the fiist suc~ ent Payment to be made on the Firat Instalment ~ Payment Date and subsequent Inatalmeat Paymenta on the l~~yl of each month therea[ter until the Maturity Date wher~upon the entire unpaid balanoe of principal and interest accrued and unpaid thereon shall become due and PaY- able; ~ch such instalment when paid a6a11 be applied first to tbe payment ot interest on the unpaid balance at the In- terest Rate and the remainder thereot to payment oa account of principal. . ' If any Inatalment Payment shaU not be paid when due, then the entire principal sum and accrued interest here- under ahall become due and payable at once or thereafter. at the option of the holder of thia Note_ The Payee may, at 3 ita option. rnUect a late charge not to e:ceed tw~o cents for each one dollar of each Instalment Payment not paid when 1 due to reimburse the Payee for e:penses of ser~ricing delinquent Instalment Payments. Failure to e:ercise these optiona ~ ahall not rnnatitute a waiver of tbe tight to e:erciae the aame in tbe event of any subeequent defaulk ; It is further agreed that the Maker and each endoreer. surety. guarantor. jointly and eeverally. ehall pay all coeta of cotlection of this Note. including a reasonable attorneyb fee. on failure to pay any Inatalment Payment or any aecrued interest due hereunder on the due date thereof. . This Note and all suma due bereunder shall bear interest at~ the highest lawful rate of intereat per annum in the State of Florida fmm t6e date when the principal and accrued interest under ~ this Note shall be due and payable. The total intereat payable hereunder ahall not in any one year e:ceed the highest lawful rate of intereat in the State of Fiorida. Thia Note is secured by a Mortgage. dated the date hereof, of property aiti~ated 'u? the State of Florida. ~ The Maker agrees that it shall be bound by any agreement e:tending the time or modifying the above terms of ~ pay~nent, made by the Payee and the owner or owneia of the property affected by said Mortgage, whether with or with- out notioe to tbe Maker, and the Maker ahall continue liable to pay the amount due ~hereunder. but with interest at a ~ rate no greater than the.Intereat Rate, acrording to the terma of any such agreement of e:tension or modi~cation. 'I'he unpaid balance of the Principal Amount, plua acerued interest shall become due and payable at the option ot the Payee under the happening of an event by vrhich said balance ahall or may become due and payable under the terms ~ of said Mortgage. This Note may not be changed orally, but only by an agreement in writing, signed by the party againat whom en- ~ forcement of any waiver. change, modification or diecharge is aoughk , . , All parties to this Note. whether Maker. principal, aurety. gaarantor or endoraer. hereby waive presentment for ; payment, demand, protest, notice of protest, and notice of dishonor. and e:preasly agree jointly and eeverally to remain and continue bound for the payment ot the principal and intereat provided ior by the terms of this Note. notwithatanding any e:tension or eztensions of the time of. or for the payment of eaid principal or interest, or any change or changes in the amount or amounta agreed to be paid under or by virtue of We obligation to pay provided [or in this Note, or any ~ c6ange or changes by way of release or surrender or substitution of any real property and coilateral. or either, held as eecurity tor thia Note, and waive all and every kind of notice of such eztension or e:tensions, change or changes, and agree that the aame may be made without the joinder ~ of the Maker. ~ 507 tiorth 13th Stseat - ~ `ort Pisrce, Flosida 33d50 ~ /s/ George B. Walters /s/ Alliece Walters ~ppK~ ~6E~.1~~ nwe ~:r - r~+rnt~ n ~ _ . ,L,, ~~•~x ~ ~~y,~~,~ c.-~`-~`~~'' -r ~.j _ a~e'~.s~ :a - . - - - ~ _ .r~,~h~:w:. .~v`.."~' - r.. . . . -