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Home My WebLink About2018 i e ~rERMAN[MTI . i ~ 1 i MORTGAGE NOTE • ~ Principal Amouat: $13~ZQQ.QO Date ot Note: FADS'Ual'Y Tl~ ~.y7s ~ t~acuricy ~ce: l~iit~ Ysaucs i~c~~t x~t~: 9• Amortization Period: ~om the day hereot to the Maturity Date. Instalment Payment: 1~~. $9 flrst Instalment Payment Date: Ap='il li 1975 - _ ' ~ F08 VALUE RECEIVED~ the undersigned and if more than one. jointly and aeverally (the Ddaker). does hereby 3 covenant and pmmise to pay to tl?e order of Sun Bank of SL Lucie County or to its successors or assigns (collectively the Payee)~ at its principal of~ce at 111 Orange Ave.. Fort Pieree, Fla. or at such other place aa the Payee maq designatc to the Maker in writing fmm time to time, in legal tende: oi the United States, the Principal Amount together with interest at the Intereat Rate on the unpaid balance of the Principal Amount 'I`he aums due snd owinR hereunder shall be payable during the Amortization Period in equal monthly instalments. each in the amount of the Instalment Payment, the fiiet such Inatalment Payment to be made on We Firat Instalment Payment Date and aubeequent Instalment Payments oa the tizst day of each month theteatter until We Maturity Date w6ereupon the entire unpaid balance ot priiicipal and intereat accrued and unpaid thereon shall become due and pay- able; each suc6 instalment when paid ahall be applied rrst to the payment of intereat on the unpaid balance at the In• tereat Rate and the remainder thereof to payment on account of principal. _ ` then the entire principal sum and accrued interest here- ~ It any Instalment Payment ahall not be paid when due. under shall become due and payable at once or thereaiter, at We option of the holder of this Note. 'The Payee unay. at ~ ita option. collect a lste charge not to e~ceed two cents for each one dollar of e~ach Inatalment Payment not paid when due to reimburee the Payee for e:penaes of aetvicing delinquent Inatalment Paymenta. Failure to exerci~e these optiona shall not conatitute a waiver of the right to e:ercise the aeme in t}~e event of any aubeequent detaulk It ia furtber agreed that the Maker and each endoraer. aurety, guarentor, jointly and eeverally. ahall pay all costa of collection of this Note. including a reasonable attorney's fee. on failure to pay any Instalment Payment or any accrued interest due hercunder on the due date thereof. Thia Note and all sume due bereunder ahall bear interest at the higheat lawful rate of interest per annum in the State of Florida fmm the date when the principal and accrued interest under this Note shall be due and payable. The total intereat payable hereunder shall aot in any one year ezceed the lug6est lawfui rate of interest in the 3tate of Florida. Thia Note ia eecured by a Mortgage, dated the date hereof, of property situated in the State of Ftorida. Ij The Maker agreea that it shali 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 affected by said Mortgage. whether with or with- ; out notioe to the Maker. and the Maker ahall continue liable to pay the amount due hereunder. but with interest at a ~ rate no greater than the Interest Rate. aecording to the terms of any such agreemeat oE e:tensioa or modification. ~ ~ 'The unpaid balance of the Principal Amount, plus aocrued interest ahall become due and payable at the option of ~ the Payee under the happening of an event by which said balance ahall or may become due and payable under the terms a of said Mortgage. 13is 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, modiCcation or discharge is aought All partiea to thia Note. whether Maker, principal, aurety, guarantor or endoraer. hereby waive presentment for ~ payment, demand. pmtest, notice of protest, and notice of diahonor, and ezpreasly agree jointly and eeverally to remain and continue bound for the payment of the principal and interest pmvided tor by the terms of t6is Note, notwithatanding any eztenaion or e:tensions of the time of, or for the peyment ot said principal or interest, or any change or c6angea in the amount or amounta agreed to be paid under or by virtue of the obligation to pay provided for in this Note, or any change or changes by way ot release or surrender or substitution of any real pmperty and collateral, or either, held as security tor this Note, and v?aive all and every kind of notece of euch eztension or eztensions, change or changes, and agree that the same tnay be made without the joinder of the Maker. r,. ~ ~ ~ A$dresa: ? ~ ~ ~ 4151 S. Federal Hiqhway Fort Pierce, tlorida 33~50 ~ ~ ~ ~ . ~ ~ OR ~ a~ ~s ~~~s ~ ~ .Qp. _ r.vni.~ n a,w ~ " _ _ . " . _ . _ _ 6z ~4 : ~ G ~~'.bd~~i c„ . ~ . _ ~