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Home My WebLink About0405 . 1?CI~M~N[NT1 MORTGAGE NOTE ~ ~ ; : ~ PriACipal Amount: S Z 1~ 0 U 0. 0 0 Date of NoteM3Y Z~ 147 S ~ ? Me~uricy na~: ?sn Yeats ~ Interest Rete: 8 3~~5 ~ , 1 Amortization Period: From the day hereof to the Matupty Date. ~ ~ ; : Instalment Payment: $ 263. 20 z ~ ~ ; F~rat Instalment Payment Date: JUIIe ZS i 2975 ~ i . FOR VALUE RECEIVED. the undersigned and if morc than one. jointly and severalfy (the D~faker)~ does hezeby ` covenant and promise to pay to the order of Sun Bank of St. Lncie County or to its successors or assigns (collectively the t Payee); at ita principal office st 111 Orange Ave.~ Fort Pierce. Fla. or at such other place ae the Payee may designate to the Maker in w-riting from time to time, in legal tender of the United States, the Principal Amount together with ; interest at the Interest Rate on the unpaid balanee of thc Principal Amount The sums due and owinR hereunder shali be payabte during the Amortisation Period in equal monthly instalmente. each in the ~nount of the Instalment Payment. t.:e Eesst euch Inatalment Payment to be made oa the First Instalment ~ Payment Date and subeequent Instalment Paymenta on the fi~t day of each month thereatter until the Maturity Date ~ whereupon the entite unpaid balance of principal and intereat accrued and unpaid thereon shall bei~ome due and pay- ; able; each sach instalment when paid ahall be applied first to the payment o[ intereet on the unpaid balance at the In- s 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 principai sum and acerued interest here- ~ under shall become due and payabte at onee or thereafter, at the option of the holder of this Note. The Payee may, at , , its option, collect a late charge not to e:ceed two centa for each one dollar of each Inatalment Payment not paid when ~ due to reimburse the Payee for e:penses of servicing delinquent Instaiment Paymenta. Failure to e:errise these optiona s ahall not constitute a waiver of the right to exemiae the aame in the event of any subaequent default. ~ ~ It is further agreed that the Maker and each endorser, surety. guarantor, jointly and aeverally, ahall pay all costs of ~ collection of this Note. including a reasonable attorney's fee, on [ailure to pay any Inatalment Payment or any accrued ~ interest due hereunder on the due date thereof. This Note and alt sums due hereunder shall bear interest at the higheat lawtul rate of interest per annum in the State of Fiorida from the date when the principal and accrued interest undet 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. ~ ~ Thia Note is secured by a Mortgage. dated the date hereof, of property aituated in the State of Florida_ ~ The Maker a grees that it shall be bound by any agreement e:tending the time or modifying the above terms of payment, made by the Payee and the owner or ovmeis 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 ~ ~ rate no greater than We Interest Rate, aecording to the terms of any such agreement of extension or modification. I ' - ~ The unpaid balance of the Principal Amount. plus accrued interest ahall become due and payable at the option of the Payee under the happeninR of an event by which said batance shali or may become due and payable under the terma of said Mortgage_ 3 i ~ This Note may not be changed orally. but only by an agteement in writing, signed by the party against whom en- ~ forcement of any waiver, change, modification or discharge is sought. a ~ 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:presaly agree jointly and severally to remain and continue bound tor the payment o( the principal and interest provided for by the terms of this Note, notwithstanding ~ any extension or extenaions of the time of, or tor the payment of said principal or interest. or any c6ange or c6anges in ~ the amount or amounta agreed to be paid under or by virtue of the obligation to pay provided for in thia Note. or any ; ~ change or changes by way of release or sutrender or substitution of any real property and collateral, or either, held se i ' security for this Note, and w•aive all and every kind of notice of such e:tension or e:tensions, change or changes, and ~ agree that the same may be made without the joinder of the Maker. ~ ~ ` . I ~ ~ ; /s/ Evangeline Sagy ~ ~ # ~ ° ~ ~ :r: ~ ~i r~ ~5 > ~ ~ ~ s ,~.~,3 ~Q ~ 6001i ~,~J~7 PAGE ~Q~ ~ ~ ~ ~ - rr..w au - rRr.rrtr. er se,vs ~ ~ \ ,a...+'~r, ~ ~4 . ^ i~~ ~ ~ ~'t - ' y1 3 .~M~ ~k'`~°i`~ h9"__`~G _ . , ~ _ f _.t.-^.~ F3~