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Home My WebLink About0224 ~ MORTGAGE NOTE 2~~ Psincipal Anwuuc: ~ j019. ~9 Date ot tvots: 11yqy~t 1l7S Maturity Date: ' ~0 1L1is~s . U?~~t Race: 8~i . Ataortitstion Period: ~om t}~e daY hereot to the Maturity Date. Instalmenc Payment: ~61.96 - first Instalmeat Paynaent Date: B~Lili~= l~~ 1~75 ~ FOA VALUE RECEIVED. the underaigned and ii more than one. Jointly snd severally (the Maker), does hereby covenant and pmmise to pay to the order of Sut~ Bank oi St Lucie County or to its aucceasora or aasigns (collectively tl~e Payee). at ita pr[ncipal office st 111 Orange Ave.. Fort Pierce, Fls. or at such ot~er place as the Payee may deeigne?te to ~the Maker in ~vriting irom time to time. in legal tender of the United Statea, the Psincipal Amount togetl~er with interest st the Interest Rate on the unpaid balsnce of the Prlncipsl Amount 'I'he sums due and owinx hereuader aball be payable d~rin8 tbe Amortisation Period in e9ua1 anonthly instalments. ~ch in the amouat oE the Instalment Payment, the fiist euch Instalment Payment to be made on the Fizat I~talment Pa~ymeat Date and su6sequent Instalment Payments on tha Cu~t day oi each month t6ereatter until the Maturity Date whereupon the entire unpaid balance of priqcipal and intereet accrued and unpaid thereon ahall become due and pey- able; each auch instalment when paid aball be applied Crst to the peyment oi intereat on the unpaid be~lance at the Ia- ;erPai Rate s~ !he re~+n:nder the*~f to ~yment on acoaunt of principel. - II any Inatalment Payment shall not be paid when due. then the entire PrinciPal 6ua? and accrued intereat h°rc' under ahall t~ecome,due and payabte at once or thereafter. at the option of the holder of this Note. The Payee may, at ita option, rnllect a late charge not to e:oeed two cents for each o~ne dollar of each Instalment Payment not paid when due to reimburse the Payee tor e:pensee of seivicin8 delin9uent I~talment Payments. Failure to ezercise theee options ahall not rnastitute a waiver of tl~e right to e:en~iae the asme in tbe e~vent of any subeequent ~etault . It is further agreed tbat the Maker and each endorser. aurety, guarantor. jointly and severallY, a1,all Pay aU ccos~ of rnllection oi this Note. including a reasonable attorney's fee, on failure to pay any Instalment Peyment or any accrued interest due hereonder on the due date thereof. 1'his Note and all aums due hereunder shall bear interest at the highest IawEul rate of interest per annum in tbe 3tate of Ftorida trom the date when the ptincipal and aoctued interest under this Note ahall be due and payable. The total interest payable bereunder shall not in any one year e:ceed the higheet lawful rate of interest in the 3tate of Florida Thia Note is a¢cured by a MortBaBe. dated the date hereof. of property situated in the 3tate of Florida. The Maker agreea that ~it ahall be bouad by any agreetnent e:tending the time or modifyinB the abovE+ tern?,~ of payment, made by the Payee and t}~e owner or owneia of the pmperty affected by said Mortgase, wbether with or with- out notice to the Maker, and tbe Maker ehall coatinue tiable to p~y the amount due bereunder. bnt with interest at a j rate no greater than t~ Interest Rate. according to We terma oE any such agreement of eztenai~ or modification. ~ 'ILe unpaid balanoe of the Principa! Amount, plos socrued interest ahall become due and payable at the option oE ~ ti,e iayix ~n~r t~ iLi-~~g~r~utg of s.u ~.-E:.L ~:~,:rh ss:~ ~slsa~ ~hall or m~y b~ce*±+!? ~~w ~n~ ~ss.ynhle u~er the terma ~ of said Mortgage. . ~ Thia Note may not be changed orally. but only by an agreement in writing, ei~ed by the PartY s8ainat whom en- forcement of any waiver. change. modif'ication or dixharge is aought All partiea to this Note, wbether Maker, principal. surety, guarantor or endoreer. hereby waive preeentment for payment, demand, pmtest, notice of protest. and notice Of a13bOAOT, and ezpressly agree jointly and eeverally to remain and continue bound for tbe payment of the principal at~d intereat provided tor by the terms of this Note. notwitl~standing any eztenaion or eztensions of !he time o[, or for the payment of said principal or interest, or any change or changes in the amount or suwunts agreed to be paid under or by virtue ot the obligation to psy provided for in this Note. or any change or changes by way of release or sarrender or substitution of any real property and collateral, or either. held aa ~ security for thia Note, and v?aive all and every kind o[ notice of wch eztenaion or e:tenaions. change or changes, and agree that the same may be made without the joinder of the Maker. ~ 82~. 80Uth 7th St.t~et ~ Port Piarc:~, Flrwrida 33~54 ~ ~ ~ ~ /s/ David M. Fee ~ ~ . /s/ Mary L. Fee _ ~ eoR~ 243 PACE 224 _ ~.,~x.~.~. ~ - ~ ~ ~ _ ~ ,~;F;: