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Home My WebLink About2609 ipFRYAHFhT! MORTGAGE NOTE ~:a Principal Amount: ~ZZ~000.00 Date or No~e: ~ril 73, 1975 Maturity Date: OI1e Ysar Interest Rate: Amortization Period: From the day hereo( to the Maturity Date. It~stalment Payment: First Instalment Pnyment Date: $Z~ ~ OOO. 00 plu8 interest due ApZ11 23 ~ I976 i s FOR V11LUE RECEIVED. the undetsigned and if more than one, jointly and se~erally (the Diaker), dces hemby co~•enant and promise to pay to the order of Sun Bank of St. Lucie County or to its successors or assigns (collectively the Yayee). at its principal office at 111 Orange Ave., Fort Piene. Fta. or at such other place as the Papee may designate to the Maker in H-riting from time to time, in lega! tender of the United States. the Principal Amount together With interest s?t the Internst Rate on the unpaid balance of the Principal Amount. The sums due and owinR hereunder shall be payable dunng the Amortization Period in equal monthly instalmente, each in the amount o( the Instalment Ppyment, the first such Instalment Payment to be made on t6e First Instalment Payment Date and subsequent Instalment Payments an the first day of each month therea[ter ~ntil the Matutity Date whereupon the entire unpaid balance of priqcipal and intereat accrued and unpaid thereon shall become due and pay- ~ able; each such instalment w~hen paid shall be applied tirst to the payment of interest on the unpaid balance at the In- terest Rate and the remainder thereof to payment on account of principal. If any Instalment Payment shall not be paid when due, then the entire principat sum and acrrued internst here- under shall become due and payable at once or thematter, at the option of the holder ot this Note. The Payee may, at its option, collect a late charge not to exceed two cents tor each one dollar ot each Instnlment Payment not paid when due to reimburse the Payee tor e:penses o[ servicing delinquent Instalment Payments. Failure to exemise these options shall not constitute ~ waiver of the right to exerrise the same in the event of any subsequent default. It i.4 further agreed that the Maker and each endorser, surety, guarantor, jointly and eeverally, ahall pay all costs of collection of this • Note, including a reasonable attorney's fee, on failure to pay any Instalment Payment or any acrrued interest due hereunder on the due date thereof_ This Note and all sums due hereunder shall bear interest at the highest lawtul rate o[ intetest per annum in the State of Florida from the date when the ptincipal and accrued interest under this Note sha11 be due and payable. The total interest payable hereunder shall not in any one year exceed the highest lawtul rate of intecest in the State of Florida. This Note is secured by a 1liortgage, dated the date hereof, of property situated in the State of Florida. The Maker agrees that it shail be bound by any agreement extending the time or modifying the above terms of E~ayment, made by the Payee and the owner or owners of the property a[fected by said Mortgaqe, whether with or with- out notice to the Maker, and the blaker shall continue liable to pay the amount due hereunder, but with interest at a rate no greater than the Interest Rate, acrordin~ to the terms of any such agreement of extension or modification. ~ The unpaid batance of the Principal Amount, plus accrued 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 terms of said Mortgage. This Note may not be changed orally, but only by an a~reement in writing, signed by the party against whom en- forcement of any waiver, change, modification or discharRe is sought. F All parties to this Note, whether Maker, principal, surety, guacantor or endorser, hereby waive presentment tor _ payment, demand, protest, notice of protest, and notice o[ dishonor, and e:pressly agree jointly and severally to remain ! and continue Fwund for the payment of the principal and interest provided tor by the terms of this Note, notwithstanding r` any extenseon or eYtensions of the time oi, or for the payment of said principal or interest, or any change or changes in the amount or amounts agreed to be paid under or by ~~rtue o( the obligation to pay provided (or in this Note, or any change or changes by way of rnlease or surrender or substitution of any real property and collateral, or either, held as security for this Note, and waive alt and every kind of notice of such extension or extensions, change or changes, and ; agree that the same may be made without the joinder of the Maker. Ar]dress : 204 Tsntrada Avenute Port Pierce, Florida 33a:,0 r # /s/ M. H. Huneycutt ~ t ; - , /s/ Lula V. Huneycutt r. - - ~ Ba~2~38 ~2603 ~ ; r ~ ~ x~ F;.RH 3?: - F'Y.1.t.':6: F! hF.iki ~ ~ ° °`.,>z ~ ' s'~ _ _ ~~~~~-r"~,. . . ,z -