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Home My WebLink About0969 ~?EAYANCNtI S MORTGAGE NOTE ~ . ~ p*"'ciP"~ A'"°""~: $13, 000.00 °"te °t tv°ce: Jn1Y 1~, 1975 Maturity Date: Zyn Y~u~ tnteresc Race: 9~ ~ ~ Amortization Period: From the day hereot to the Maturity Date. ~ Instalment Payment: s131.86 lo~c 119 p1?yl~atit~ wlth a balloon pay~aat o! S6 350.78 dns on ~?ngn~t 1! 1985 Firat Instalment Payment ~ate: $~p~i• l~ 1975 FOB VAI.UE RECEIVED, the undersigned and if more than one. jointly and severally (the Malcer)~ does hereby covenunt and promise to pay to the order of Sun Bank of Sk Lucie County or to ita suaessora or assigns (collectively the Payee). at ita principal oftice at 111 Orange Ave.. Fort Aerce, Fla. or at such other plaee aa the Payee may designate to the Msker in w~riting fmm time to time. in legal tender of the United States. the Prirnipal Amount together with interest at the Interest Rate on the unpaid balance of the Prineipal Amount The sums due and owinR hereunder shall be payable during the Amortization Period in equa) monthly instalments. ~ eac6 in the amount o[ the Inatalment Paymen~ the tirst such Inatalment Payment to be made on the Fiest Inatalment Payment Date and aubsequent Inetalment Paymenta on the fi~st day oC each month thereafter until the Maturity Date whereupon the entire unpaid balance o[ principal and intereat accrued and unpaid t6ereon shall become due and pay- ~ able; each such inatalment when paid shall be applied Crst to the payment of interest on the unpaid balance at the In- ~ terest Rate and the remainder thereot to payment on account of principal. - ~ If any Iastalment Payrnent shall not be paid when due. then the entine principal aum and aecrued interest here- ~ under shall become due and payable at once or thereafter, at the option of tbe holder of tbia Note. 'I'he Payee may, at ~ its option, collect a late charge not to e:ceed two cents tor each one dollar ot each Inatelment Payment aot paid when ~ due to reimburae the Payee for e:penses of seivicing delinquent Instalment Paymenta. Failure to e:emise the~e options shall not rnnstitute a waiver of the right to e:etrise the same in the event of any subsequent deisult_ It is further agreed that tf~e Maker and each endorser, aurety. guarantor. oinU and eeverall ahall ~ ) Y Y. paY all costa of collection of this Note, including a reaaonable attorney's fee, on failure to pay any Instalment Payment or any acrrued t interest due hereunder on the due date thereof. This Note and all sums dae hereunder shall bear interest at the higheat lawful rate of interest per annum in the State of Florida from the date when the principal and acrrued interest under ' this Note ahall be due and payable. The total interest payabte hereunder shall not in any one year e:ceed the highest f lawful rate of intetest in the State of Florida. This Note is secured by a Mortgage. dated the date hereof, of pmperty aituated ia the 3tate of Florida. The Maker agrees that it shall be bound by any agreement e:tending the time or moditying the above terms of ~ payment, made by the Payee and the owner or owners of the. pmperty affected by said Martgage. whether with or with- 4 ' out notice to the Maker, and the Maker sl~all continue liable to pay the amount due hereunder. but with interest at a ; ' rate no greater than the Interest Rate, acrording to the terms of any such agrEement of e:tension or modification. ~ ~ i The unpaid balance of the Principal Amount, plus accrued intereat shatl becbme due and payable at the option ot ~ the Payee under the happening of an event by which said balanc~e ahall or may bec~ome due and payable under the terms ~ of said Mortgage. i ; This Note ma not be chan ed orall but onl b an a ~ i Y g y, y y greement in wtiting, signed by the party against whom en- ~ forcement of any waiver, change, modification or discharge is sought. . F All parties to this Note, whether Maker, principal. surety, guarantor or endoraer, hereby waive preaentment for payment, demand, protest, notioe of protest, and notice of dishonor, and ezpresaly agree jointly and aeverally to remain and conlinue bound (or the payment of the principal and interest pmvided tor by the terma of this Note, notwit6standing any eztension or extensions of the time of, or tor the payment of said principal or intereat, or any change or changes in ~ the amount or amounts agreed to be paid under or by virtue ot the obligation to pay provided for in this Note, or any change or changes by way of release or surrender or substitution of any real property and collateral, or either, 6eld as ~ } security tor thia Note, and v?aive all and evety kind of notice of such extension or e:tensions, change or changes. and ~ agree that the same may be made without the joinder of the Maker. ~ ~ ! a ~ Ront~ 1, Bos 416 ~ Fost Pierca, Florida 33450 ~ ~ Barbara J. Denissen ~i ~ ~ 3 ~ , ~ ~ ~ James K. Denissen ~ ~ ~ ~ ~ ~ ~ li R ( ~ 600K ~4~ PAG~ ~7A ~ P"~III )tJ - YIL'l:IY, L7 1PI.t~ ~ a.. ; s_ ~ 7 , ~ ~ ~,`^r _ ~ s, j~ , ~ - - _ ~ =