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Home My WebLink About2595 ~~EAYAHLMTI ~ MORTGAGE NOTE Principaf Amount: S 1900. ~0 Date of Note: Z7 ~ 19T s s s Maturity Dace: YAii'ty Sia[ konths ' { Interest Rete: 10= Amortization Period: From the day hereot to the Mawrity Date. i Instaltnent Payment: ~61.31 ~ i firat Inatslment Payment Date: ~ril 17 ~ 1975 ~ ; - ; ~ s FOR VALUE RECEIVED. the undersigned and if more than one, jointly and severaliy (the 1ltaker), does hereby ~ covenant And pmmise to pay to the order of Sun Bank of Sk Lucie County or to its successors 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 Ddaker in v~~riting fmm time to time. in legal tender oi the United States, the Principal Amount together w-ith ~ interest at the Interest Rate on the unpaid balance of the Principal Amounk - i The suras due and owinR hereunder shall be payable during the Amortization Period in equal monthly instalmenta, ~ each in the amount of the Inatalment Payment, the [irst such Instalment Payment to be made on the First Instalment ~ Payment Date and aubeequent Instslment Payments on the ~~?y ot ~ch month thereafter until the Maturity Date } whereupon the entire unpaid balance ot principal and intarest accrued and unpaid thereon shall become due and pay- ~ able; each such instalment w6en paid shail be applied tirat to the payment of interest on the unpaid balance at the In- ~ tereat Rate and the remainder thereot to payment on account of principal. ~ If any Instalment Payment ahall 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 holder of this Note. The Payee may. at ~ its option, coUect a late charge not to e:ceed two cents for each one dollar of each Instalment Payment not paid when due to reimburse the Payee for e:penses of servicing delinquent Inatalment Payments. Failure to ezemiae these options ahall not constitute a waiver of the right to e:ercise the same in the ~ event of any sub~equent~default_ 7 It is further agreed that the Maker and each endorser, surety, guarantor. jointly and se~~erally, ahall pay all costs of collection of this Note, including a reasonable attorney's fee, on failur~ to pay any Inatalment Payment or any accrued interest due hereunder on the due date thereof. This Note and all sums due hernunder shall bear interest at tl~e highest lawful rate of interest per annum in the State of Florida from the date when the ptincipal and accrued interest under this Note shall be due and payable. The 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 properly situated in the State of Florida. 'I'he Maker agrees that it shall be bound by any agreement extending the time or modifying the above terms of ~ payment, made by the Payee and the ovrner or owners of the property affected by said Mortgage, whether with or with- out notice to the Maker, and the Maker shall continue liable to pay the amount due hereunder, but with interest at a i rate no greater than the Interest Rate, acrording to the terms of any such agreement of e:tension or modi~cation_ ~ 'The unpaid balance of the Principal Amount, plus accrued interest ahall 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 ~ ~ of said Mortgage. ~ ~ ~ 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, modification or discharge is sought_ All parties to this Note, whether Maker. principal, surety, guarantor or endorser, hereby waive presentment for ~ payment, deri~and, protest, notice of protest, and notice of diahonor, and e:pressiy agree jointly and severally to remain ~ and continue bound for the payment of the principal and interest provided tor by the terma of this Note, notwithatanding ~ any eztension or extensions of the time of, or (or the payment ot said principal or interest, or any change or changes in t6e amount or amounts agreed to be paid under or by virtue ot the obligation to pay provided tor in this Note, or any . ~ change or changes by way of release or surrender or substitution of any real property and collateral, or either, held as ~ aecurity tor this Note, and w•aive all and every kind of notice ot such eztension or e:tensions, change or changes, and agree that the same may be tnade without the joinder of the Maker. ~ ~l'~i~ S Z~O9 ~\i~0I11i4 ~ ~ FoZt PieZC~, Florida 33450 ~ ~ /s/ Henry Blanson ~ ~ . ~ ~ ~ ~ /s/ Mary V. Blanson ~ ~ ~ ~ ~ ~ ~ _ S~ ~~~lJ ~.J ~ roav ~:a - rrrrrr~c er e~~s ~ ~ _ _ - - _ ~ Ut:~ , _ _ , ~