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Home My WebLink About0864 ~?ERYAHEN~1 ~ MORTGAGE NOTE ~ : Principal Amount: ~2, 500. 00 Date ot Note: px.il 2. 1975 Maturity Date: Tcp YQaj•g ~ Interest Rate: j~'~y Amortization Period: Fmm the day hereof to the Maturity Date. Inatalment Payment: ~33.0~ • firat Instaiment Payment Date: y 10. 19? 5 i t FOR VALUE RECEIVED, the undersigned and if more than one, jointly and severally (the ~laker), dces hereby ~ covenant and pmmise to pay to the order of Sun Bank of S~ Lucie County or to its successors or assigns (collectively the ~ Payee), at its principal office at 111 Orange A~e.. Fort Piene, Fla. or at such other place us the Payee may designate ~ to the Maker in writing from time to time. in legal tender of the United States, the Principal Amount together w-ith ° interest at the Interest Rate on the unpaid balance of the Principal Amoun~ ~ The aums due and owinR hereunder shall be payable during the Amortizetion Period in equal monthly instalments, s each in the amount of the Inatalment Payment, the tirst auc6 Instalment Payment to be made on the First Instalment } Payment Date and subsequent Inatalment Paymenta on the ~~day ot each month therea[ter until the Maturity Date ~ whereupon the entire unpaid balance o[ principal and intereat accrued and unpaid thereon shall become due and pay- able; each such inetalment when paid shall be applied first to the payment of interest on the unpaid balance at the In- ~ terest Rate and the remainder thereoi to payment on account ot principal. ~ If any Instalment Payment shall not be paid when due, then the entite principal sum and acrrued interest here- under shall become due and payable at once or theteafter, at the option of the holder of this Note. The Payee may, at its option, rnllect a late charge not to exoeed two cents tor each one dollar of each Instalment Payment not paid when _ , due to reimburse the Payee for e:pen.ges of senricing delinquent It~stalment Payments. Failure to ezercise these options shall not constitute a waiver of the right to exercise the same in the event of any su~uent default. " It is further agreed that the Maker and each endorser, surety, guarantor, jointly and eeverally, shall pay all costs of collection of this Note, including a reasonable attorney's fee, on failure to pay any Instalment Payment or any accrued ~ interest due hereunder on the due date thereof. This Note and all sums due hereunder shall bear interest at the highest ~ lawful rate of interest per annum in the State of Florida from the date whett the principal and accrued interest unc~er } this Note shall be due and payable. The total interest payable hereunder shall not in any one year ezceed the highest ~ lawful rate of interest in the State of Florida. ~ ~ t This Note is secured by a Mortgage, dated the date hereof, of property situated in the State of Flotida. € . i The Maker agrees that it shall be bound by any agreement eztending the time or modifying the above terms of f ' payment, made by the Payee and the owner or owners of the property a[tected 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, according to the terms of any auch agreement of eztension or- modi~cation. ± ~ ~ ~ ~ The unpaid balance of the Principal Amount, plus accrued intereat shall become due and payable at the option ot 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. ? s This Note may not be changed orally, but only by an agreement in writing, sigr?ed by the party against whom en- } k forcement of any waiver, change, modification or discharge is sought_ F All parties to this Note, whether Maker, principal, surety, guatantor or endorser, hereby waive presentment for payment, demand, protest, notice of protest, and notice of dishonor, and e:pressly agree jointly and severally to remain ! ~ and continue bound for the payment oi the principal and interest provided for by the terms of this Note, notwithstanding ~ any e:tension or extensiona of the time of, or for the payment ot said principal or interest, or any change or changea 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 release or surrender or sub~titutiun ot any real property and collateral, or either, 6eld as ~ security for thia Note, and w•aive all and every kind of notice of such eYtension or eztensiona, change or changes, and ~ agree that the same may be made without the joinder of the Maker. ~ ~ Scott-Johnson, Inc. ~ ~ ~ ~ ~ President ~ ~ } r ~ ~ _ f BOOK 2~~ PAGE SVil FClM ?2J - PRIA77S: D7 REN4I ~~`s`.;,,.,3-s T~~,^ ' _ . . . . ~ - ~,."YY ~~p .~-..Y ^r 'a . ' ' ~ ~'TM",`i. ~:y~`i.~a."` r ~`:~'Tyro-'~,7'~, ~~+n- ~r: -~c