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HomeMy WebLinkAbout0389 ~ r[11MAN~MT 1 - MORTGAGE NOTE ' ~~t: n.cs or No~: a~. 14. 1l~7S _ Sz.i' , 000.00 ~ Maturity Dace: ~ lo ~ Intee~e.t Rate: ~ - - - Amorti:ation Pe=iod: From the day hereot to tLe Msturity Date. Instaldnent Paymeut: +j~.ll~ ptlc fi0~lb • F'irsc Instalment PaymeAt Dace: ~ S~ 1975 FOIt VALUE RECEIYED. the undenigned and if mon than one. 3uintly and aeverally (the Maker). does herebq - covenant sud promise to psy to the order ot 3w? Banl~ oi 3t Lacie County or to its suoe~aors or assigns (colle~fi~ely the Ps~yce), st its principal oKce at 111 Orange Ave., Fort Plerce, Fla. or st such other pla?ce as the Psyae msy desianate to the l[alcez in writing irom time to tivne. in legsl t~ender ot the United S4te~. the Primipal Amount together v~rith intiereat at !he Interesi Rste oa tbe unpaid b:lsnee of the Prineipal Mnount T'!~a s~ms due and owinR hereunder shsll be payable d~rin~ tbe Amo=tisation Periad in equsl mo~tbly instalmenb. ~ch in tLe amount ot the Indalment Puyment, t6e firat wch Instalment Paymeat to be made on tha Firat Indalment - P~yrment Date and eubsequent Instalment P~ymenb on the Cus! day ot eacb month t6ereafter until the Matutity Date wherevpon the entira unpaid balanoe ot p~ciPe1 and intered accnied and unpaid t6ereou ahall become due and Pay- able; each suc6 itmtalmeat when paid s6a11 be applied Cust to the payment of interest on the unpaid balanoe at We In- terest Rate and t6e remainder thereof to pq~?ment on aocount ot priucipel. - If any Inatalment'1'ayment ahall not be paid when due. then the entire principal sum snd soccued int~ereat here- under ahall beoome due and payable at o~noe or thereafter, at tbe option ~ tl~e bolde~t oi this Note. R~e Payee m~?. at its optioa. rnllecE a late charge not to ezceed two oenta for each o~e dollar d oech Instalmant Paymeat not paid when due to reimburse tbe Payee for e:penses ot servicina delinquent Instala~eat Paymenb. Failnre to ezercise tl~ese op~iaos . - ahall not constitute a waiver oE the right to ~ercise the same in tha ev~t ot any snbsequent default Ic ;s furtber aRreed thac the Maker and each ~doraer. suretr. ~tor, iointly aud ~everally, ahall pay ali oosts of collection of thia Notc. including a reasonable attoiaey's fee. on failure to pay sny Inatalment Payment or any accnied intcreat due hereander on the due date tLenwt. This Note and ali sums dae bereunder aball bear interest at tbe highest _ Iawful rate of intereat per annum in the 3tate of Flotida fr~ tbe date wheu the principal and aoccued interest under _ thia Note ahall be due and payable. Tbe total interest payablt bereunder aball not in any oa~e ye~r ezoeed tbe hisbest lawful rate ~ interest in the State of Floiida. ~ ~is Note is secured by a Mortgage. dated the date hereof. of property situated in tbe State ot Florida The Maker agrees that it ahall be bound by any agree~aent e:tending the time or modifying tbe above terms ot P~Y~bt, made by the Payee and the owner or ownees of the property afiected by aaid Mort~e. whetber writh or writh- out notioe to the Meker. s~ the Mal~er ahall continue liable to pay tbe amount due bereunder. but with intenst at a , rate no greates than the Interest Rate. aocording to the terms of any such agr~ennent d estension or modification. ~ ~ The unpaid balanoe of d,e Principal Amounk Plus socrued interest ahall beoome due and payable at the option oE ~ the Payee under the haPPeninB oE an event by which said balaiwe shall or may beoome d~u aad paYable under the terms of eaid Mortgage. E ~ Z7iis Note may not be changed orally, but only by an agreea~ent in writing. si~?ed by the party against whom en- ~ forcemeat of any waiver. change, modification or discbarge is soughi ¢ All parties to this Note. whetber Maker. Princ~pal. wrety. guarentor or endoreer, hereby waive . presentment for ~ PaY~n~ demand. Proteat, notice ot pmtest. and notioe of dishonor, and e:PresslY ~ree lointly and severelly to remain and continue bound for the payment oi the prineipal aad iaterest provided tor by t6e terms oE this Note, notwithdandina any ezteneion or estensions of tbe time of, or for the psyment of said principsl or inLered. or aay cLange or changes in ~ the amount or amounta agreed to be paid under or by virtue of the obligetion to gay provided for in tbis Note, or any c6ange or changea by way of releese or surcender or substitution ot any real property and colleteral. or eitber. beW as ~ security for thie Note, and waive all and every kind of notice oE such eztension or e:tenaions, change or changes. and ~ agree that t6e same may be made without the joindes of t6e Meker. ~ ~ ~ ~ '!'~~N Q'~i ZLO. i ~ z 3 . ~ ' ~ . - ~ ~ ~ ~ BooK 243 P~~ 389 ~ ~ ~ /L7i1 f!J - PRI/fllG M Shcl ~ ~ s~w~" ..x , ~ ^ s«%s _ • _ _ _ ° . ~ ~ - , rva - - r . . . . _ y ' . ^r . .