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Home My WebLink About2546 ~?c~r~ticNr~ MORTGAGE NOTE • Principal Amount: ~S ~ OOO.OO Date o! Note: Ii+ja=~ ZS ~ 1975 Maturity Date: ~i~ Y~ Int~reat Rate: 91~1 Amortization Periad: Fr~m tt~ 3sy tw~~,f to d?r ~taturity Date. Instalment Payment: SjQS. QQ Firat In~talment Payment Date: j~Y S~ 3,97§ FOR VALUE BECEIVED. the underaigned and if more than one. jointly and severally (the Maker). dcea hereby covenant and pmmise to pay to the order of Sun Bank oi St Lucie County or to ita auccessora or aasigna (collectively the Pnvaol_ f?t ita nrinwii.al nTfiro sf 111 Arsno.. Ava An,V.e Fle n. es ..1~ ..~1ie 1~ ~l. D~ ,i : a _ _ ' _ "s ' "y _ ss ,=,s' _ =a j:csa_= azc 'ac}.° .sjM icu'?j uc:r.:bswu - to the Maker in v?~riting from time to time, in legal tender of the L'nited States, the Principal Amount together with interest at the Intereat Rate on the unpaid balance of the P:incipal Amouni The suma due and owing hereunder shall be payable during the Amortization Period in equal monthly instalments, each in the amount ot the Inatalment Payment, the tirst such Instalment Payment to be made on the Fiist Inatalment Payment Date and aubaequent Instalment Paymenta on the ~day of each month thereafter until the Maturity Date whereupon the entire unpaid balance ot priqcipal and inteteat accrued and unpaid thereon ahall become due and pay- able; each such instalment when paid shall be applied fiist to the payment of interest on the unpaid balance at the In- terest Rate and the remainder thereot to payment on acrount of principal. If any Instalment Payment ahall not be paid when due, then the entire principal sum and accrued intereat here- under shali become due and payable nt once or thereafter, at the option o[ the hoider of this Note. The Payee may, at ita option. collect a late charge not to e:ceed two centa for each one dollar of each Instalment Payment not paid when due to reimburae the Payee [or expenses of servicing delinquent Instaiment Paymenta. Failure to e:ercise these options shatl not constitute a waiver of the right to e:ercise the eame in the event of any su6eequent default. It is further agreed that the Maker and each endorser, surety, guarantor. jointly and eeverally, ahall pay all coeta of collection of thia Note, including a reasonable attorney's fee, on failure to pay any Instalment Payment or any accnted interest due hereunder on the due date thereof. This Note and all aums due hereunder shall bear intereat at the highest lawtui rate of interest per annum in the State oi Florida trom the date when the principal and acrrued interest under this Note ahall be due and payable. The total interest payable hereunder ahall not in any one year ezceed the highest lawful rate of interest in the State of Florida, This Note is secured by a Mortgage. dated the date hereof, of property situated in the State of Florida. The Maker agreea that it shap be bound by any agreement eztending the time or modifying the above terma 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 114aker, and the Maker shall continue liable to pay the amount due hereunder. but with interest at a ` rate no greater than the Interest Rate, accordin to the terms of an such a K y greement of eztenaion or modification. ! The unpaid baiance of the Principal Amount, plus acctued 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 terma k of said Mortgage. ~ ~ T'his 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. } `'s s ` All parties to this Note, whether Maker, principal, surety, guarantor or endorser. hereby waive presentment for = payment, demand, protest, notice of protest, and notice of dishonor, and e:pressly agree jointly and eeverally to remain ~ and continue bound tor the payment of the principal and interest provided tor by the terms o[ thia Note, notwithstanding • any extension or eztensions of the time of, or tor the payment of said principal or intereat, or any change or changes in ; the amount or amounts agree~ to be paid under or by virtue of the obligation to pay provided for in thia Note, or any ~ change or changes by way o( release or surrender or substitution of any real property and collateral, or either, held a8 ? security for this Note, and w•aive all and every kind of notice of such e:tension or eztensions, change or changes, and ~ agree that tbe same may be made without the joinder of the Maker. Adcirsa~: 507 North 13ih Stre~t = Port Pi~co~, Plorida 33450 - /s/ George B. Walters ~ -TsT1+~~~-~ece Wa~te~s 3 ~237 ~2544 ~ ~ t tuw sta - q¢t~rtr. e~ tt.ua 2 ~ . _ _ _ ` ~ € t. . - s ~ . ~ ~`e+ ~~~,:sr ^ t a x~~ i __r~ ~~~~~.^~.Y~,'~~ti~.~-..,.~.;_y . . • ,:.a.~_..~~.~"~_.~.,~.__~