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Home My WebLink About0394 ~?CAY ANENTI MORTGAGE NOTE ~ i ~ ~ ~ Principal Amount: $ 2•~$~ • fl~ Date ot Note:r@t~~'.ia~ 1'~ 71 { a Maturity Dete: 7~ ~II~~ _ Interest Rate: 1~=' i ~ , . f , Amortization Period: From the day hereot to the Maturity Date. ~ ; Inatalment Payment: $48.70 ~ i Firat Instalment Payment Date: D4atcI1 10 ~ 1975 ; ~ , FOR VALUE BECEIVED. the undersigned and if more than one, jointly and severally (the 111aker), dces hernby co~enant and pmmise to pay to.the order of Sun Bank of St. Lucie County or to its successors or asaigns (cotlectively the Payee). at its principal office at lll Orange Ave., Fort Fierce, Fla. or at such other place as the Payee may designate to the Maker in Hriting fmm time to time. in legal tender of the United States. the Principal Amount together v~ith interest at the Interest Rate on the unpaid balance of the Principal Amoun~ . The sums due and owinR heteunder shaU be payable during the Amortization Period in equal monthly instalmente, each in lhe amount o[ the Inatalment Payment. the first euc,~talment Payment to be made on the Fitst Instalment Payment Date and subaeyuent Inatalment Paymenta on th ~t1 y of each month thereatter until the Maturity Date whereupon the entire unpaid balance ot principal and interest accrued and unpaid thereon shall become due and pay- able; each such instalment when paid shall be applied Grst to the payment of interest on the unpaid balance at the In- terest Rate and the remainder thereo( to payment on account of principal. -lf 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 therea[ter, at the option of the holder of this Note. The Payee may, at its option, collect a late charge not to e:ceed two cents [or each one dollar of each Instalment Payment not paid when due to reimburse the Payee for ezpenses of se_rvicing delinquent Instalment Payments. Failure to e:ercise these optiona ; shall not constitute a waiver of the right to ezercise the same in the event of any suhgequent default_ ; , It is further agreed that the Maker and each endorser, surety, guarantor, jointly and severally, shall pay all cosfs of ' collection of this Note, including a reasonable attorney's fee, on failure to pay any Instalment Payment or any accrued interest due hereunder on the due date thereof_ This Note and all sums due heteunder shall bear interest at the highest lawtul rate of interest per annum in the State of Florida from the date when the principat and accrued interest under this Note shall be due and payable. The total interest payable hereunder shall not in any one year exceed the highest lawful rete of interest in the State of Florida. ~ s : This Note is secured by a Mortgage, dated the date hereof, of property situated in 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 payment, made by the Payee and the owner or owners of the property atfected by said Mortgage, whether with or with- ~ out notice to the Maker, and the Maker ahall continue liable to pay the amount due hereunder, but with interest at a f tate no greater than the Interest Rate, according to the terms of any such agreement of e:tension or modification. ~ ~ The uppaid balance of •the Princi 1 Amount, lus accrued interest shall become due and p E pa p payable at the o tion of ; the Payee under the happening of an event by which said balance shall or may become due and payable under the terms ~ of said Mortgage. i 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 discharge is sought~ a ~ All parties to this Note, whether Maker, principal. surety, guarantor or endorser, hereb waive ~ y presentment tor payment, demand. protest, notice of protest, and notice of dishonor, and e:pressly agree jointly and severally to remain ~ and continue bound for the payment of the principal and interest provided (or by the tetma ot this Note, notwithstanding ~ any e=tension or eztensions o[ the time of, or for the payment of said principal or interest, or any change or changes in ~ the amount or amonnta agreed to be paid under or by virtue of the obligation to pay provided (or in this Note, or any ~ change or changes by way of release or surrender or substitution of any real propetty and collateral, or either, held as ~ " security (or this Note, and w-aive all and every kind of notice ot auch e:tension or e:tensions, change or changes, and ~ li agree that the same may be made withvut the joinder of the Maker. ; a aA.i~eso. '~nnt lJ...-a.f. n1a 1,i..te iii~r~e.~.., ~ ~i a /s/ Dewey Owens ~ ,'Y F /s/ Ann Owens ~ ~ ~ ~ ~ ~ ~ BooK z3s P~~E 394 ~ ~ _ lUM 9I3 - FAIt771: Dl BEAl~ i v ~ . . _ . _ ~ . _ . _ . . . . , . . . _ ,