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Home My WebLink About2049 ~ i I~CAMAN[NT1 MORTGAGE .NOTE pr~ncipsi Amount; 518, 000.00 Date ot Note: DeCember 6, 1974 Maturity Date: Fi~tA~A YEl~!• Int~ereat Rate: 9~= Ainottisation Period: F~om ths day heraoE to the Maturity Dste. _ ~,.~~,u;~ sia~.9~ ~t I„s~~„t P~,t n~e~: September 1, 1975 FOIt VALUE AECEIVED, the underaigaed and ii more than one. 3ointly and aeverally (the Msker). doea henby covenant and promiae to psy to the ordes of 3un Bsnk oi St. Lueie County or to ita suceessors or assigna (colleetively the Psyee), at its prlncipal ofroe st 111 Orange Ave.. Fo~rt Plerce, Ffa. or at suth other plaee as the Psyee may desigaste to the Malcer in writing irom time to tinae, in legsl teader oi the United Ststes. the Prlncipal Amoant together with interest at Lhe InterESt Rate on the unpaid ~lanee oi the Princigsl Amoun~ 'I'he sums due and owinR hereunder a!?all be payable durin~ the Amorti:atio~ Period 'm equa! mont2ily ins~ts. each in the amount of the Instalment Paymea~ the Gest wch Instalment Payment to be made on the First Instalment Payment Date and-subsequent Insislman! Paymenb on We Cust day ot each awnth thereefter until tha Maturity Date whereupon the entire unp~id balance oE pri~ciPal and interest acciued aad unpaid theceun shall become due and pay- able; ~ch such instalmeat when paid ahsll be applied Cust to tLe payment of interest on the unpaid balance et tbe In- terest Rate and the remainder thereo[ to payment on aooount of principal. If any Instalment Payment ahall not be p~'sd whea due. thm the entire princip~sl sum and aocsued interest here- nnder shall become due and payable at onoe or thereafter. at tbe option o[ the holder of t6is Note. Z7,e Payee may, at ita option, coUect a late charge not to esceed two oents for each one dollar ~ each Imtaimeat Payn?ent not paid wbea due to reimburse the Payee tor e:penses of setvicina delinqueat Instalmeat Payments. Failure to euncise these optioa~s shall not co~titute a waiver oE the right to ezercise tbe same in tbe event of any subeeque~t default It is further agreed that the Maker and each endorser, s~rety. 6~rantor. luinUy aud severall]?. sha11 W+Y all oosta of collection of this Note. including a re~sonable attorney's fce, on tailure to paq any Inatalment Payment or any aocrued interest due hereunder aa~ the due date tbereof. Ti~ia Note and all a~aia due bereunder s6all bear interesi at the bigMst lawful rate of interest per eanuan in the 3tate of Florida from We date when tbe pri~ipal and aocrued interest under this Note shall be due and p~yable. The total interest payable hereander ahall not in any one year ezceed tl~e hi8l~eet lawful rate of inf,erest in the 3tate ot Florida. . - ' This Note is secured by a Mottgage. dated the date hereof. of property situated in the State of Florida. . ~ ~ Tbe Maker agreea that it ahall be bound b3? anY a6reement eztendin6 the time or modifyina the above terms oE ~ P~Y~nt. made by the Payee and U,e owner or o~vne~ ot ebe propercr atEected by said Mor~ase. whetber with or with- out aotioe to the Maker. and the Maker ahall continue liable to pay the amount due he:euader. but witb intereat st a ~ rate no Breater than the Intereat Rate. aocordin8 to tlie terme of any such aareement oE e:tension or modiiicatiom. ~ T6e unpaid balanoe of the Principel Amoan~ Plos socnied interest ahall become due and payable at the option ot ~ the Payee under the haPPt~e of an e~vent by which eaid balanoe shall or ma~ beeome due and payable under the terms of said Mortgage. , 'I'bis Note may not be changed orally, but only by an agreement in writins. siBned bY ~ P~rtY aB~t w}~om en- ~ forcement of any waiver, chanBe, modi5cation or discharge is sou~i All parties to this Note. whetber Maker, principal. surety. guarantor or endo~ser. hereby waive preeentment tor P~Yment, demand, Proteat, notice of protest, and notiee oE diahonor. and ~presslY a6ree joindq and aeverally to remain and continue bound [or the peyment oE the principal and interest pmvided for by the terms of t6is Note, notwithstandina ~ any eztenaion or e~cteasions of tbe time of, or [or tbe payment of said principal or intet+eat. or any change or chsnges in the amount or amounta agreed to be paid under or by virtue of tbe obligation to pay pmvided for in this Note. or any change or changes by~ way of release or surrender or eubstitntion of any real property and collateral, or eiWer, held as security for this Note, s~ v~aive all and every kind of iwtioe of sach eztension or ~tensione, change or changes. and agree that the same may be made without the joinder oE t6e Maker. ~ 60~~34 P,~~.3~i8 aooK234 ~AG~z04~9 fW1 !S7 - !*IRIIIC l7 !A~ ~ i-~ . . . - - - - - "~3n ~c~3~ . ~ ~~x.s~ ~~~:-~5 `t,.e.r.- ~ _ -~~i ^'-3 `