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Home My WebLink About2878 ~ ~ERM4NCN71 MORTGAGE NOTE t Principal Amount: 15 ~ 000. 00 Datc ot Note: ~y 27 ~ 1975 ~ , Maturity Date: TeA YeaZ'i ~ Interest Rate: Q ~~4 ~ j 1 Amortization Period: From the day hereof to the ,Naturity Date. ~ { i i Instalment Payment: sl$8. l First Inatalment Payment Date: July lO ~ 197 S 3 . ; 1 FOR VALUE REC~IVED. the undersigned and if more than one. jointly and se~erally (the 111akcr). dces hereby ~ co~enant and promise to pay to the order of Sun Bank of St» Lucie County or to its successors or assigns (collectively the ~ Payee). at its principal office at 111 Orange Ave.. Fort Pierce. Fla. or at such other place as the Payec may designate to the Ddaker in writing fmm time to time. in legal tender of the United States, the Principal Amount together with ' interest at the Interest Rate on the unpaid balance of the Principal Amoun~ { , i The suma due and owing hereunder ahall be payable during the Amortization Period in equal monthly instalmenta, ~ each in the amount ot the Instalment Payment. tt~e tirst such Inatalment Payment to be made on the First Instalment Payment Date and aubnequent Inatalment Paymenta on the tirst day ot each month thereatter until the Maturity Date whereupon the entire unpaid balance of principal and interest acerued and unpaid thereon shall become due and pay- able; each such instalment when paid ahall be applied tirat to the payment o[ interest on t6e 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 principal sum and acrrued interest here- under shall beoome due and payable at once or thereafter, at ihe option of the holder oE this Note. The Payee may, at its option, collect a late chatge not to ex~~eed two centa (!+r each one dollar Ot pAC}! iT?cLR~TPTt PA~IMl71~ not paid when due to reimburae the Payee for e:penses of aervicing delinquent Instalment Payments. Failure to exemise these options ahall not constitute a waiver ot the right to e:ercise the same in the event of any subeequent de[ault. ~ It is further agreed that the Maker and each endoraer, surety, guarantor, jointly and aeverally, shall pay all costa of rnllection 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 therc~f. This Note and al! swns due hereunder shall bear interest at the highest lawful rate of interest per annum in the State of Florida from the date when the principai and accrued interest under this Note ahall be due and payabte_ The total interest payable hereunder shall not in any o~ yesr e:ceed the highe.st lawful rate of interest in the State of Florida. ~ This Note is secured by a Mortgage, dated the date hereof, of property situated in the State of Florida. The Maker a rees that it shall be bound b an a ment extendin the time or modit in the above terms o( ~ B Y Y Br~ 8 Y B ~ payment, made by the Payee and the owner or owners of the property atfected 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 the Interest Rate, according to the terms of any such agreement of extension or modiCcation. ~ ~ I The anpaid balance of the Principal Amount, glus accrued interest shall beoome 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 agreement in writing, signed by the party against whom en- c forcement of s~ny waiver, change, modification or discharge is eought_ ~ i ~ All parties to this Note, whether Maker, principal, surety, guarantor or endorser, hereby waive presentment tor ~ 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 o[ the principal and inter~t provided tor by the terms of thia Note. notwithstanding ~ any e:tension or e:tensions of the time ot, or for the payment ot said principal or interest, or any change or changes in s the amount or amount~agreed to be paid under or by virtue of tbe obligation to pay provided tor in this Note, or any ~ change or changes by way of release or surrender or substitution of any real property and collateral, or either, held as security (or this Note, and w•aive all und every kind of notice ot such e:tension or e:tensions, change or changes, and ~ agree that the same may be made without the joinder ot the Maker. 3 e z { ~ ~ i t ~ _ J ~ ~ ACidreBB : ~ 1508 Cortez Boulevard ~ Fort Pierce, Florida 33450 - ~ ~ ; ~ > ~ . ~y% ~ ~ - ~ ; ~ ~ ~ - ~ so~c~ ~ ~ f'',XM 91S - FRIIT!!C tT ~'A.~ ~w. ' ' - _ ~ . . x_ _ . _ , ~ _.i?~