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Home My WebLink About2331 ~PERY~N[NTI MORTGAGE NOTE Principal Amount: SS ~ OOO. ~O Date ot Note: H~CZ3 21 ~ Z~TS ~ . ~ Maturity Date: FiV+O Yo~! _ Intsrest Rate: 9~s • Amortiaation Period: From the day hereof to the Mnturity Date_ Instalment Payment: 51~5.0~. Firat Instalment Payment Date: I l~~ R y 1 q ~ 5 FOR VALUE RECEIYED, the undersigned and if more than one. jointly and severally (the 111aker), dces hereb~ ~ covens?nt and prnmise to pay to the order of Sun Bank of St. Lucie County or to its successors 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 ~daker in writing from time to time, in legal tender of the United States. the Principal Amount together v?zth ~ interest at the Intereat Rate on the unpaid balance of the Principal Amount ~ ~ The sums due and owin~ hereunder shall be payable during the Amortization Period in equal monthly instalmenta, ~ each in the amount of the Instalment Payment. the tirat such Instalment Payment to be n~ade on the First Inatalment # Payment Date and subsequent Instalment Paymenta on the tiret day o[ each month thereaiter until the Maturity Date 3 whereupon the entire unpaid balance of principal and intereat accnted and unpaid thereon ahall become due and pay- t able; each such instalment when paid shall be applied fitst to the payment of intetest on the unpaid balance at the In- terest Rate and the remainder thereot to payment on account ot principal. If any Instalment Payment shall not be paid when due. then the entire principal sum and accrued intereat here- under shall become due and payable at ance or thereafter, at the option o[ the holder of this Note. The Payee may, at its option, collect a late charge not to ezceed two cents for each one dollar of each Instalment Payment not paid when $ Sue !a rPimburse the Payt~ :ar Pxpen~e~ of servicing delinquent Instalment Payments. Fa;:::.~ ~xx:::~ :hese optiona shall not constitute a waiver of the tight to exercise the same in the event of any subsequent default. i It is further agreed that the Maker and each endotser, surety, guarantor. jointly and aeveraliy, shall pay all coeta of ` collection of this Note, including a reasonable attorney's fee, on failure to pay any Instaiment Payment or any acrrued interest due heteunder on the due date thereof. Thia Note and all sums due hereunder ahall bear interest at the highest ~ lawtul rate of interest per annum in the State of Florida from the date when the principal 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 rate of intereat in the State of Ftorida. ~ ~ ~ i T'his Note is secured by a Mortgage, dated the dale hereof, of property situaled in the State of Florida. ~ ~ i Y ~ The Maker agrees that it shall be bound by any agreement e:tending the time or modifying the above terms of r payment, made by the Payee and the owner or ownets of the property afferted by said Mortgage, whether with or with- ~ out notice to the Maker, and the Maker shall rnntinue liable to pay the amount due hereunder. but with interest at a ' rate no greater than the Intetest Rate, according to the terms of any such agreement of extension or modification. ~ ~ The unpaid balance of the Principal Amount, plus acrnied interest shall 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 tern~.s ~ of said Mortgage. 3 ~ 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 tor ~ payment, demand, protest, notice o[ protest, and notice of dishonor, and e:pressly agree jointly and severally to remain j and continue bound for the payment of the principal and interest provided for by the terms of t6ia Note, notwithstanding ; ~ any eztension or extensions of the time of, or for the payment o( said principal or interest, or any change or changes in ~ the 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 mlease or surrender or substitution of any real property and collateral, or either, held ae security for this Note, and w-aive all and every kind ot notice of such eztension or eztensiona, change or changes, and + - agree that the same may be made without the joinder of the Maker. ~ ~ ~ _ ~ y ~ :s ~ 3 /s/ Donald E. Mullins, a sinqle adult3 _ y Y a ;r ~ ~ eooK ~37 PACf 23~ F n:~ ~ tv.r~r nt - rPZir:s; e~ st,u~r a ~ . , ; - - y - ~ ~ ~ - ~ _ s_ ~x:.-`. ~ _ ~ ~ :