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Home My WebLink About1303 . . ~ I ~ ~rERY1lNEMr1 ~ i f ~ MORTGAGE NOTE ~ ~ ~~,,,,c: 5~3q0.00 n$u of Note: ~?y 9, 1975 . ~ 1Hac~~cy nar~: Ten Years Intereat Race: 9• Amortization Period: From the day hereof to the Maturity Dete. Inatalment Payment: s S 4. ~ 8 Firet Inatalinent Peyment I?ate: JL~LA 19 ~ 1~75 FOR VALUE ItECEIVED. the underaigned and if more than one. jointly and severally (the ~daker)~ doea hereby covenunt and pmmise to pay to the order of Sun Bank of St, Lucie County or to its auccessors or asaigns (eollectively the Payee), at its principal office at 111 Orange Ave., Fort Pierce, Fla. or at such other place aa the Payee may designate to the ~dakes in vve~itinR from time to time. in legal tender of the United Statea, the Principal Amount together with interest at the Interest Rate on the unpaid balance of the Principal Amounk The auma due and owinR hereunder ahall be payable durii?a the Amortization Period in equal monthly inatalmente. esch in the ~amount of the Inatalment Payment, the [irat such Inatalment Payment to be made on the Firat Instalment Payment Date and aubeequent Instalment Paymenta on the Grst day ot each month thereafter untii t6e Maturity Date ~ whereupon the entire unpaid balance of priqcipal and intereat accrued and unpaid thereon ahall bccome due and pey- able; eac~h such inetalment when paid ahall be applied tirst to the payment of intereat on the unpaid balance at t6e In- tereat Rate and the remainder thereof to payment on account ot principaL If any Instalment Payment ahall not be paid when due, then the entire principal sum end acrtued interest here- under shal! become due and payable at ance or theresfter. at the option ot the holder of this Note. The Pa may. at ita option, collect a late charge not to exceed two centa for each one dollar of each Inatalment Payment no~paid when due to reimburse the Payee [or e:penaes of aervicing delinqueat Inatalment Payments. Failure to e:ercise these optiona ahall no! rnnatitute a waiver of the right to ezercise the same in the event of any subeequent detault. It ia further agreed that the Maker and each endorser, surety, 6usrentor. jointly and eeverally, ehall~ pay all costa of rnllection of this Note, including a reasonable attorney's fee. on [ailure to pay any Instalment Payment or any aocrued interest due hereunder on the due date the:+eof. This Note and all sums due hereunder shall bear interest at the highest lawful rate of interest per annum in the 3tate of Florida from tbe date when the ptincipal and aocrued interest under ~ thia Note shall be due and payable. The total interest payable hereunder shaU not in any one year ezeeed the highest lawful rate of interest in the State of Florida. ' This Note is~ secured by a Mortgage, dated the date hereof, of property situatsd in the State of Florida. ' The Maker agrees that it shall be bound by any agreement e:tending tbe time or modifying the above terms of payment, made by the Payee and tt~e owner or owners of the property affected by aaid 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 the Interest Rate, according to the terma of any such agreement of eztension or modification. ~ ~ t ~ The unpaid balance of the Principal Amount. plas accrued intereat ahall bec.~ome due and payable at the option ot ; i the Payee under the happening of an event by which said balance ahall or may becbme due and payable under the terma ; t of said Mortgage. i ~ ~ This Note may not be changed orally, but only by an agreement in writing, signed by the party againat whom en- ~ forcement of any waiver. change, modi~cation or discharge is sought. ~ AU parties to this Note, whether Maker, principal, sarety. guarantor or endoreer. hereby waive presentment for ~ payment. demand, protest. notice of protest, and notice of diahonor. and ezpresely agree jointly and eeverally to remain and rnntinue bound tor We p~yment o[ the principal and interest provided (or by the terme of this Note. notwit6standing any e:tension or eztensions of the tune of. or for the payment of said principal or intereat, or any change or changes in ~ the amount or amounta agreed to be id under or ~ pa' by virtue ot the obligation to pay pmvided tor in thia Note, or any change or changes by way of releane or surrender or substitution of any real property and collateral, or either. held aa ~ security tor this Note, and w•aive all and every kind of notice of suc6 e:tension or e:tensions, change or changes, and ~ agree that the same may be made without the joinder of the Maker. ' } , ~ 107 Sout3~ 31st Street ~ort Pieree. llorida 33450 ~ ~ z ~ ~ /s/ Paul J. Weilbacher a ~ ~ z ~ ~ ~ ~ ~ 6 ~ ~ooK239 PAGE1301 ~ - ~ ~ ~ : n~r n~ - vxlrttr, n ~,wr ~ , ~ _ ~ ~ , _ 4 ~ i y x ~ ~ _ .._sr..~~.'~~"~~.~._F_