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Home My WebLink About2112 ~?cerwHCNr~ ~ i ' i MORTGAGE NOTE ~ r~;~i wn,ow~c: i3S00.00 na~ oc Noc~: s~~Y =l, 1975 Maturity Date: 24 1b~th~ Interest Rate: ZO1 Amortization Pe:iod: From the day hereot to the Maturity Date. Instalment Payment: $161. S1 ~ ~ First Instalment Payment Date: Ap='11 1~ 1975 ~ FOR VALUE RECEIVED. the underaigned and if more than one, jointlq and severally (the Maker), does hereby co~enant and pmmise to pay to the order of Sun Bank of St Lucie County or to its successora or assigns (collectively the Payee), at its principa! office at 111 Orange Ave., Fort Pierce. Fla. or at auch other place as the Payee may designate to the Maker in vrriting fmm time to time. in legal tender oi the United Statea. the Principsl Amount together with interest at the Intereat Rate on the unpaid balance ot the Principal Amount - The auma due and owintc hereunder ahall be payable dunttg the Amortization Period in eqnal monthly instalments, each in the amount of the Inatalment Payment, the first such Instalment Payment to be made on the Firat Instalment ~ Payment Date and subeequent Instalmeat Paymenbe on the tirst day ot each month t6ereatter unW the Maturity Date ; whereupon We entire unpaid balance of priqcipal and intereat accrued and unpaid tl~ereon ahall become d~e and pay- able; each snch inatalment when paid ahall be applied Grat to the payment of interest on the unpaid balance at the In- ~ terest Rate and the remainder thereot to payment on account ot principal. _ If any Iastalment Payment shall not be paid when due, then the entire principal sum and aocrued intereat here- under ahall become due and payable at once or theraafter. at the option of the holder of this Note. The Payee may. at its option. rnllect a late charge not to ~ceed two centa for each one dollar of each Instalment Paymeat not paid when due to reimbu~se the Payee for ezpensea of aervicing delinquent Instalment Paymenta. Failure to ezercise these optiona ehall not constitute a waiver of the right to e:ercise the same in the eveat of any aubeequent detault It ia further agreed. that the Maker and each endoreer. surety, guarantor, jointly and severelly, shall pay ali coete of ~ collection of this Note, including a reaaonable attorney's fee. on failure to pay any Inatalmeat Payment or any acciued interest due hereunder on the due date thereof. 1'6is Note and all aums d~ hereunder ahaU bear interest at the highest lawful rate of interest per annum in the 3tate of Florida fmm the date when the principal and aocrued interest under this Note al~all be due and payable. T1~e total intereat Rayabte hereunder shc+ll not in any one year ezceed tbe highent ' tawful rate of intereat in the State of Floiida . I Thia Note ia secured by a Mortgage, dated the date hereof, of pmperty aituated in We State of Florida. i ; The Maker agreea that it s6all be bound by any agreement eztending the time or modifying the above terma of E payment, made by the Payee and the owner or owners of the property •affected by said Mortgage, whether with or with- i out notice to the Maker, and the 1VYaker shall continue liable to pay the amount due hereunder, bat wiW interest at a ~ rate no greater than the Intereat Rate, aocording to the terms of any such agreement of e:tenaion or modification ~ ~ ~ 'Ibe unpaid balance of the Principal Amount, plus accraed interest shall beoome due and payable at the option ot ~ the Payee under the happening of an event by which said b~lanc~e ahall or may beoome due and payable under the terms ; of said Mortgage. • t 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, modi~cation or discharge is soughk ~ All parties to this Note. whether Maker, principal, surety. gnarantor or endoreer. hereby waive presentment for payment, demand, protest, notice of pmtest, and notice of dishonor, and e~ressly agree jointly and aeveraily to remain and continue bound tor the payment of the principal and interest pmvided for by the terma of this Note, notwithstanding any extension or extensions of the time of, or for the payment of said principal or interest, or any c6ange or changes in the amount or amounfa agreed to be paid under or by virtue of the obligation to pay provided tor in this Note, or any change or changea by way ot release or surrender or substitution of any real pmperty and coUateral, or eit6er, held as ~ aecurity for thia Note, and waive all and every kind ot notice of auch e:tenaion or eztensions, change or changes, and agree t6at t6e same may be made without the joinder of the Maker. ~ 1?ddzasa: 609 Dtorth 22ad Sts~t ~ Fort Pierve, llorida 33450 _ Tj ~ > ~ ~ /s/ Birdie M. Ricks ~ ~ ~ ~ ~ ~ ~ ~ ~ $oacL36 ~2110 3f ~ ~ ~ rxir ni - Furrrx sr ~ur ~ ~ w ~ ~ _ : " . - _ =t:;~'«