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Home My WebLink About1845 ~~ENYAN[N~1 ~ MORTGAGE NOTE • ; ~,~o~„~: $4, 000. 00 p~~ of No~: May 16, 19~5 ' Maturity Date: F~VB Yoara Interest Rete: 9= ' ; Amortization Period: From the day hereot to the Maturity Date. 583.0~ 4 Instalment Payment: flrat Instalment Payment Date: Jtlly 10. 1975 ~ FOR VALUE RECEIVED. the undersigned and if more than one. jointly and severally (the Diaker). dces hereby ' corenant and promise to pay to the order of Sun Bank of S~ Lucie County or to its successo~ or assigna (collectively the ` Payee), at its principal of~ce at I11 Orange Ave.. Fort Pierce. Fla or at such other place as the Payee may desigrtate ? to the '~daker in vrriting fmm time to time. in legal tender of the United States, the Principal Amount together v~ith ' interest at the Interest Rate on the unpaid balance of U?e Principal Amounk. ~ { The sums due and owinR hereunder ahall be payable during the Amortization Period in equal monthly inatalmente, each in the amount of the Instalment Payment. the first such Instalment Payment to be made on the First Inatalment i Payment Date and subsequent Instalment Payments on the tirat day of each month thereatter until the Maturity Date # whereu n the entire un d balance of nnci 1 and interest accrued and un d thereon shall become due and ~ Po Pai P~ 1~ Pa~ PaY- ~ able; each such instalment when paid shall be applied first to the payment of interest on t6e unpaid balance at the Tn- terest Rate and the remainder thereot to payment on accuant of principal. . ' 3 If any lnstalment Payment shall not be paid when due, then the entire principai sum and accrued interest here- _ under shall become due and payable at once or thereafter, at the option of the holder of this Note. 1'he Payee may, at ~ its option, collect a late charge not to e:ceed two centa for each one dollar of each Instalment Payment not paid when ~ due to reimburse the Payee for e:penses of aervicing delinquent Insfalment Payments. Failute to e:etrise these options shall not constitute a waiver of the right to exercise the same in the event of any subaequent default. ~ ~ It is further agreed that the Maker and each endorser. surety, guarantor, jointly and severally, shall pay all coata of i collection of this Note. including a reasonable attorney's fee, on [ailure to pay any Instalment Payment or any acerued 7_ interest due hereunder on the due date thereof. This Note and all sums due hereunder ahall bear interest at the highest ~ lawfui rate of interest per annum in the State of Florida fmm the date when the principai and accrued interest under ~ this Note shalt be due and payahle. The total interest payable hereunder shall not in any one year exceed the highest ' lawful rate of interest in the State of Florida_ ~ ~ 1'his Note is secured by a Mortgage, dated the date hereof, of property situated in the 3tate of Florida. ~ ~ k The Maker agrees that it shall be bound by any agreement e:tending the time or modifying the above terma of =a payment, made by the Payee and the owner or ovmers of the property affected by said Mortgage. whether with or with- ` ~ ; out notiee to the Maker, and the Maker shall continue liabte to pay the amotu~t due hereunder. but with intetest at a - ' rate no qreater than the Interest Rate, according to the terms of any auch agreement of e:tension or modification. I I • _ ~ The unpaid balance of the Principal Amount, plus acrrued interest shall beeome due and payable at the option of ` i the Payee under the happening of an event by which said balance shal! or may bec,ome due and payable under the tetms ~ ~ of said Mortgage. ~ ; ~ This Note may not be changed orally, but only by an agreement in writing, signed by tbe party against whom en- torcement of any waiver, change, modification or discharge is sought. ~ A ~ ll parties to th~s Note, whether Maker, principal, surety, guarantor or endoraer. hereby waive preaenlment for : ~ payment, demand, protest, notice of protest, and notice of dishonor, and eapressly agree jointly and severally to remain # ~ and continue bound for the payment of the principal and interest provided tor by the terma of thia Note. notwithatanding ; any extension or extensions of the time of, 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 virtue of the obligation to pay provided (or in thia Note, or any change or changes by way ot release or surrender or subetitution of any real property and collateral, or either, held as s ~ security [or this Note, and w•aive all and every kind of notice of such e:tension or e:tensions, change or changea, and ~ ~ agree that the same a be made without the joinder of t6e Maker. i ~ ~ddresa: 1~~0 Coral Street 3 Fort Pierve, Florids 33~50 ; ' ~ /s/ Cecil W. Perkins 4 ~f _ ~ r ~ ~ ~ ti ~Y /s/ Inez G. Perkins ~ { ~ ~ ~ t ~ ; _ d ~ Ay' ~r ~ ~ ~~{~1~'~ ' ~1 ~V~ ; ~ ~ r ~ f`~..Af yTS - FWll'i:i: B7 IffdF~ ~ S ~ ~ 4 ' ~ - ~~r. ~ _ = ~ ~~:.x~ ,~~-5, y:e~a , ~ ` „ _ , ~ _ . _ _ ' _ ~ ~ ~ a~`