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Home My WebLink About1617 ~ r ~?~11YANEATI , l i ~ MORTGAGE NOTE Principal Amount: S7• 500. 00 Date of Note: AuQust 1, 19T5 Maturity Date: ~0 ~OIIt~li Inuresc Ra~e: 9 °~i Amortisation Period: From the day hereot to the Maturity Date. _ Instalment Payment: x 15 S. 69 Fi~sc Instatment Paya~ent Date: September 15, 1975 FOR YALUE RECEIVED~ the undersigned and it more than one, jointly and severaliy (the Aiaker). does hereby covenunt and pmmise to pay to the order of Sun Bank of Sk Lucie County or to its successora or assigns (collectively the Payee). at its principal of~ce at 111 Orange Ave.~ Fort Pierce. Fla. or at such other place aa the Payee may designate to the Ddaker in writing from time to time. in legal tender of the United Statea~ the Prin¢ipal Amo~u?t together with interest at the Interest Rate on the unpaid balance oi the Principal Amount ~ The auma due and owinR hereunder shall be payable during the Amortization Period in equal monthly inatalmenta. each in the amount ot the Inatalment Payment. t6e titat suc6 Inatalment Payment to be made on the Firat Instalment Payment Date and subeequent Instalment Payments on t6e first day of each montb Wet+ea(ter unW the Maturity Date wher~upon the entire unpaid balance o[ principal and intereat accrued and unpaid thereon shall become due and pay- able; each such instalment when paid ahall be applied Crst to the payment of intereat on the unpaid balance at the In- terest Rate and t6e remainder thereof to payment on account of principal. If any Instalment Payment ahall not be paid when due. then the entire principal sum and accrued intereet here- under shall become due and payable at once or t6ereafter. aE the option of the holder of this Note. The Payee may, at its option. collect a late charge not to ezeeed tvro centa for each one dollar of e~ach Inatalment Payment not paid when - due to reimburae the Payee for, ezpenses of aervicing delinquent Instalment Paymenta. Failure to e:etcise theae optiona - ahall not constitute a waiver of the right to exerciae the same in the event of aay subaequent default. ~ ~ It is further agreed that the Maker.and each endoraer, aurety. guarantor. jointly and severally, shall pay all coste of ~ collection of this Note. including a reasonable attorney's fee, on failure to pay any Instalmeat Payment or any aecrued interest due hereunder on the due date thereof. This Note and all sums due hereunder shall bear intetest at the lughest ~ lawful rate of inte~est per annum in the State of Florida ftom the date when the principal and accrued interest under this Note shall be due and payable. The total interest payable hereunder shall not in any one year exceed the highest ~ lawful rate of interest in the State of Florida. This Note is secured by a Mortgage. dated the date hereof, of property aituated in the 3tate of Florida. The Maker agrees that it shall be bound by any agreement extending the time or modifying the above terms of payment, made by the Payee and the owner or owners of the pmperty affected by said Mortgage, whether with or with- i out notice to the Maker, and the Maker- shall rnntinue liable to pay the amount due hereunder. but with intereat at a ~ E rate no greater than the Interest Rate, ac~cording to the terms of any such agreement of eztenaion or modi[ication _ E s ~ The unpaid balance of the Principal Amount, plus accrued interest shall become due and payable at the option ot : t the Payee under the I~appening of an event by which said balance shall or may become due and payable under the terms ~ i of said Mortgage. ~ This Note may not be changed orally. but only by an agreement in writing, signed by the party against whom en-• ~ ~ ~ ~ forcement of any waiver, change, modification or discharge is soughk ~ ~ ~ Ali parties to this Note, whether Maker. principal, surety, guarantor or endoreer, hereby waive presentment [or x payment, demand, protest, notice of proteat, and notice of dishonor, and e:presaly agree jointly and severally to remain ~ and continue bound [or the payment of the principal and interest provided tor by the terma oi thia Note. notwithatanding ~ any e:tension or e:tensions of the time of, or tor the payment of said principal or interest. or any change or changea in ~ the amount or amounts agreed to be paid under or by virtue of ihe obligation to pay provided for in this Note, or any ~ ~ change or changes by way of release or aurrender or subatitution of any real property and coUateral. or either, held as ~ security for 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 may be made without t6e joinder of the Maker. ~ ,r~~., _ ~ ~ ~ ~ /s/ Josephine Tobin # ~ ~ ~ • t ~ ~ ~ ~ ~ ~ ~DGK ~AGf lUI..U ~ fYiM ?21 - P.9Jl.*I/G DT ~.V! . ' ; . . _ . ~ . - ~ a'~ ~ s. ,.s. ~v,~. ~ . ~ r~~y, ~~'~a.~~~ ~ r ~"i ' - ~=y `'s ~ ~ - . . . .~~`~..~.r'.= - -