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Home My WebLink About2776 ~ . ; IrERM/1NCNT1 4 ' i MORTGAGE NOTE ~ ~ ~ ~ ~ Principat Amount: :]i~ 000. 00 Date of Note: J~oiial~ Z8~ 1975 ~ Macu~ey Dae~: T~o Y a r• , , Interest Rate: 9~x i ~ Amortization Period: From the day hereof to the Maturity Date. ~ Inataltnent Paymeat: =L42. 34 ~ ~ i flrat Instatment Payment Date: Flbsttilr 28~ 19?5 _ FOR VALUE RECEIVED~ the undersigned and if more than ane. jointly and severally (the I?iaker), does hereby covenant and promise to pay to the order ot Sun Bank of Sk Lucie County or to. its suceessors or assigns (collectively the Payee). at its principal office at 111 Orange Ave.~ Fort Pierce. Fla. or at such other place as the Payee may designate to the Maker in writing from time to time, in legal tender of the United States, the Principal Amount together with interest at the Interest Rate on the unpaid balance of the Principal Amount Tt~c auma due and owing herennder shall be payable during the Amortization Period in equal monthly instalmenta i each in the amount of t6e Inatalment Payment. We firat sach Inatalment Payment to be made on the First Instalment Payment Date and subsequent Instalment Paymente oA t6e 2 8$lday of each month therea[ter until the Maturity Date whereupon the entire unpaid balance of priqcipal and intereat accrued and unpaid thereon shall become due and pay- able; each such instalment when paid shall be applied firat to the payment o[ interest on t6e unpaid balance at the In- tereat Rate and the remainder thereot to payment on account of principal. ; ` . ~ If any Instalment Payment shall not be paid when due, then the entire principal sum and accrued interest here- under shall become due and payable at once or thereafter, at the option of the ho[der of this Note. The Payee may, at ~ its optlon, rnllect a late charge not to e:ceed two centa for each one dollar of each Instalment Payment not paid when due to reimburse the Payee for e:penses of aervicing delinquent Inatalment Payments. Failure to exercise these optiona ahall not rnnstitute a waiver of the right to e:ercise the same in the event of any subsequent default. It is furt}~er agreed that the Maker and each endorser, surety, guarantor, jointly and eeverally, ahali pay ali costs o[ - ~ rnllection of this Note, including a reaaonable attorney's [ee, on failure to pay any Instalment Payment or any accrued interest due hereunder on the due date thereof. 1'his Note and all sums due hereunder shall bear interest at the highest lawful rate of intereat per annum in the 3tate of Florida irom t6e date when the principal and accrued interest unuer this Note shall be due and payable. The total interest payable hereunder ahall not in any one year e:ceed the highest lawful rate of interest in the State of Florida_ Thia Note is secured by a Mortgage, dated the date hereof, of property situated in the State of Florida. f The Maker agrees that it ahall be bound by any agreement e:tending the time or moditying the above terms of ; payment, made by the Payee and the ow-ner or ownezs of the property 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 E rate no greater than the Interest Rate, according to the terms of any auc6 agreement of e:tension or modiCcation. k i . ~ The unpaid belance of the Principal Amount, plua acrrued interest shall become due and payable at the opt~on of : the Payee under the happening of an event by which said balance shaU or may beoome due and payable under the terms' ~ i ~ of said Mortgage. 9 Q This Note may not be changed orally, but only by an agreement in writing, signed by the party against whom en- ~ forcement of any waiver, change, moditication or discharge is sought_ 1 ~ All patties to this Note, whether Maker. nnci 1, suret ~ p~ pa y, guarantor or endoraer, hereby waive presentment for payment, demand, protest, notice of protest, and notice of diahonor, and e:presaly agree jointly and aeverally to remain ~ and continue bound for the payment of the principal and interest pmvided tor by the terms of this Note, notwithsfanding ~ any e:tension or e:tensions of the time of, or for the payment of said principal or interest, or any change or changes in ~ the amount or amounta agreed to be paid under or by vittue of the obligation to pay provided for in this Note; ot any ~ change or changes by way of release or surrender or substitution of any real property and collateral, or either, held as ~ security for this Note, and w-aive 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 the Maker. G 4 5 ~ / s / Anthony J. Longo ' X ~ bi ~ ~ / s / Anna D. Longo ~ ~ ~ ~ x ~ d00R~ I~f~~~ ~ ~ ~ RFN Yil - P61RIlG Dl s[AA~ ~ ~ - ~ ~ . ' _ ? r ~ _ . . . _ .3_:. . . _Wi:'<