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Home My WebLink About1879 : 4 i 1r[RYANCNTI ~ ~ • , MORTGAGE NOTE ~ : ~ ~ Principal Amount: $17 ~ OOO.OO Date ot Noce: JaDtilaYy 17 ~ 1l7S ~ ~ Meturity Date: 1'~D Z~ir~ ~ ~ Interest Rate: 9;js ~ Amortization Period: From the day hereof to the~ Meturity Date. ~ ~ Instalment Payment: ,~,=el•9e ~rat Instalment Payment Date: SZa1•94 P~r ~9~~ S~ 1975 !Ot 120 aonths vit2~ a ballooa pay~nt dw at t~ ond o! th~ 1ZOth sont.h tor tiw ~atirs ~qpaid balan~ ot priscipal aud iatssyst dus. FOR VALUE RECEIVED. the undersigned and if more than one. jointly and severally (the Aiaker). dces hereby covenant and prnmise to pay to the order of Sun Bank of Sk Lucie County os to its successora or assigns (collectively the Payee). at ita principal office at 111 Orange Ave.. Fort Pierce. Fla or at such other place as the Payee may designate to the ~aker in writing from time to time, in legal tende: of the Unitea Ststea, the Principal Amount together w-ith interest at the Interest Rate on the unpaid balanee of the Principal Amounk The aums due and owing hereunder shall be payable during the Amortization Period in equal monthly instalmenta. each in the amount ot the Inatalment Payment, the tirat su9 stalment Payment to be made on the Fiist Inatalment Payment Date and subaequent Inatalment Paymenta on t6e tr y of each month thereafter until the Maturity Date whereupon t6e entire unpaid balance ot principal and interest accrued and unpaid thereon s6a11 become due and pay- able; each such inatalment when paid shall be applied C~st to the payment of interest on the unpaid balance at the In- terest Rate and the remainder thereo[ to payment on account of principaL If any Instalment Payment shall not be paid when due. then the entire principal aum and accrued interest here- under shall become due and payable at once or thereafter. at the option of the-holder of this Note. The Payee may. at its option. collect a late charge not to ea~c~eed two centa for each one dollar of each Instalment Payment not paid when due to reimburae the Payee for e:pensea of servicing delinquent Instalment Payments. Failure io e:ercise these options ahall not constitate a waiver of the right to e:ercise the same in the event of any subeequent default. ~ It is further agreed that the Maker and each endorser, eurety. guarantor. jointly and severally, shall pay all costs of collection of this Note. including a reasonable attorney's [ee, on failure to pay any Instalment Payment or any accrued interest due hereunder on the due date thereof. This Note and all sums due hereunder shall bear interest at the highest ~ lawful rate oE interest per aanum in the State of Florida trom the date when the principal and accrued interest under thia Note ahall be due and payable. Tbe total interest payable hereunder shall not in any one year e:ceed the highest lawful rate of interest in the State of Florida. ~ This Note is secured by a Mortgage, dated the date hereof, of pmperty aituated in the State of Florida. ! The Maker agrees that it shalt be bound by any agreemen~ eztending the time or modifying the above tera~a of ~ ~ payment, made by the Payee and the ov?mer or owners of the properiy affected by said Mortgage. whether with or with- i ~ out notice to the Maker, and the Maker shall continue liable to pay the amount due hereunder. but with interest at a ~ ~ rate no greater than the Interest Rate, accordinq to the terms of any such agreement of extension or modification. ~ i j The unpaid balance of the Principal Amount, plus accrued intprest shall become due and payable at the option of ~ the Payee under the happening of an event by which said balance shall or may become due and payable under the terms E of said Mortgage. ~ This Note may not be changed orally, but only by an agreement in writing, signed by the party againat whom en- ~ fotcement of any waiver, change, modification or discharge is sought F ~ All parties to this Note, whether Maker. principal, surety, guarantor or endorser, hereby waive presentment for ~ ~ payment, demand, protest, notice of pmtest, and notice of dishonor, and ezpressly agree jointly and aeverally to remain and rontinue bound for the payment of the principa) and interest provided for by the terme ot this Note, notwithstanding any e:tension or eztensions of the time o[, or for the payment o( said principal or interest, or any change or changes in ~ the amount or amounts agreed to be paid under or by virtue of the obligation to pay provi~ed for in thia Note, or any ~ change or changes by way of release or surrender or substitution of any real property and coUateral, or either, held as security for this Note, and vraive all and every kind of notice of such e:tension or e:tensions, change or changes, and ~ agree that the same may be made without the joinder of t6e Maker. ~ ti 606 Olrich It+oad Fort Pi~res. ~lorida 33~50 ~ ~ - ~ # /sl Chester F. Macy ~ ~ ~ ~ ~ /s/ Lelia B. Macy ~ ~ ~ ~ . ~ B~o~ 235 ~~~E187~ ~ ~ ~r a:~ - pRtrr:~c sr atiar ~ ~ _ - ' - _ e~ r'°~ _ . ~ _ . . ~ =u