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MORTGAGE NOTE
PrinciPal Aa~ouat: ~ZS ~ 0f1~.00 Date of Note: 110~bit 18 i 197t
Msc~rity mce: Thirteon Y~ara
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Amortisation Period: From tbs dsY bereof to tM Maturity Date.
L,.~~nc ray~nc: $ZT9.6S
F'irsc Instatmei?c Paymenc Date: Jat11?nas'y 1, 1975. ,
FOR VALUE RECEIVED, the unde:signed and if more than one, jointly and severaUy (the Msker)~ does hereby
eovenant and promise to Pe?Y to the order oi Sun Banlc of $k I.acie County or to its suceessora or assigna (collectively the
payee), st its principal office at 111 Orange Ave., Fort Pierce, Fla. or at such other place as the Payee may designate
to the Maker in wrlting from time to time~ in legal tender of the United States, the Principal Aniount together with
interest at the It~terest Rate on the unpaid Dalance oi the Principal Amount
The suma due and owinR hereunder al~all be payable dnrin8 We AmortiLateon Period in eriual monthly instalmente.
~ch in t§e amount ot the Inatalment Payment, tbe Crat such Instalment Paymeat to be made on tbe Fiiat Instalment
Payment Date awl eubsequent Insfalment Payments on the first day of each month thereaiter unW the Maturity Date
whereupon the entire unpaid belance ot Principal and intereat accrued and unPaid thereon shall become due and pay-
able; eac6 such instalment when paid s6a11 be applied firat to the payment o[ intere9t on t6e unpaid balance at the In-
tereat Rate and the remainder thereof to payment on account of principal•
If any Instalment Payment ahall not be paid when due, tLen t6e entire P~aP~ ~~~t
under aha11 become due and payab[e at once or thereafter, at the option of the hotder of thi+ Note. The Payee may. at
ita option. oollect a late cherge not to e:oeea two cenls for each one doUar of each Instalment Paya~ent not paid wben
due to reimburee the Paree for ezpenees oE servicin8 delin9uent Instalment Payments. Failure to e:erriee thESe optiona
ahall not rnnstitute a waiver of the right to e:erciee the ssme in the event of any aubsequent defauli
It is further agreed tbat the Malcer and each endorser. surety. guarantor, jointly and severally. shall PaY all costs of
collection ot thia Note. including s reasonab~e attomey's fee. on failure to pay any Instalment Payment or any accrued
interest due hereunder on the dt~e date thereo[. Thia Note and all sums due hereunder a6aU bear_ inferest at the bighest
lawful rate of intereat per annutn in the State oi ~orida fmm the date when We principal and aocrued interest under
this Note ahall be due and payable. 19?e total intereet payable hereunder ahall not in any one yeat ezceed the hiBhest
lawful rate of interest in the State of Florida.
'Thia Note is eecured by a Mortgage, dated the date hereof, of property sitnated in the 3tate of Florida.
The Maker agrees t6at it ahall be bou~i by anY 88~~t e:tending the time or .modifyin8 the above terms of
p~yment, made by the Payee and the owner or owners of the pmperty affected by said Mortgage, whether with or with-
out notioe to the Malcer. and the Maker shall rnntinue liable to pay the amount due hcreundet. bat with intereat at a
~ rate no greater than We Intereat Rate. aecordin8 to the tetme of any aucL agteemeat of e:tenaion or modification.
~ The unpaid baiance of the Principal Amount, pias accrued interest ahall become due and peyable at We option of
~ the Payee under the haPpenin8 of an event by which said balance ahall or may become due si?d payabte under the terma
~ ~ of said Mortga8e.
'ILis Note may not be changed oraUy, but only by an agreement in writing, aiBned bY the Partl+ a~inst whom en-
forcement of any waiver. cLanBe, modification or diachar8e is eought "
All parties to this Note. whether Maker. principal. auzety. guarantor or endoraer. hereby waive presentment fo:
payu~ent, demand. protes~ notice of protest, and notice of dishonor, and e:pressly aSree jointly and severaliy to remain
and continue bound tor the payment of the principal and interest Provided for by the terma oE this Note. notwithstandin8
any e:tenaion or e:tensions of the time of. or tor the payment ot eaid principal or interest, or any change or changea in
the amount or amounta agreed to be paid under or by virtue of the obligation to pay provided tor in thie Note, or any
change or changea by way of release or surrender or substitution of any real pmperty and collateral, or either, held as
security for this Note, and waiv~e all and every k'snd ot notice of auch e:tenaion or e:tensiona. change or changes, and
ag~ ~ha; the eame may be nnade without the joinder of the Maker.
_ QUESi~IS CO~VL BjtOPBRTZBS, Z~iC.
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~r~ Fort Pierce, Florida 33450
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