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Home My WebLink About0536 MORTGAGE NOTE a3~000.00 ~ No~: ,?~r~,t ~9~~ ~.c~e,? n.c~: ~a ~~ars Interest Rate: 9• Amortisatioa Period: F~om ths daY bereot to the Maturity Date. ' t~w~t r,a~At: S 38. 41 ~,c ~ta~c pay~nc nace: Ootobat 1, 19TS FOIi VALUE RECEIVED, t6e underaigned and ii more than one. jointly and scverally (the Msker). doea hZrebq covenant snd promise to psy to the order oi 3un Bank oi S~ Lucie County or to ita aucteason or sssigns (eolleetively the Payee), at ib psincipal office at 111 Orang~e Ave., Fort Pierce, Fla. or at such other place as the Psyee msy deaigaate to the M~ker in writing from time to time. in legal tende: ot the UnIted Statea. the Prlncipal Amount together with intereat at tbe Intereat Rate on the nnpaid bslanee oi the Princlpal Amonn~ , Tl~e sums due and owinR hereunder a6a11 be p~qyable durins the Amortisation Peiiod in eqoal mot~tlily instalmenta. each ia tbs amount oE the Insfalment Payment, the fuat auch Instalmeat Payment to be made on We fltat Instelment Payment Date and subsequent Instalment Paymenb on the fizst day of e~ac6 month thereafter until tbe Maturity Date w6ere~pon tLe eatire unpaid belanoe of priqcipal and intee~est acerued and uup~id thereon ahall become due and pay- able; each wc6 instalnnent when paid shalt be applied Ciat to tbe payment of intecest on t6e unpaid balance at t6e In- terest Rate and the remainder t6ereot to payment on account of principal. ~ If any Instalment Payment ahall not be p~id whea due. then tlie en6re principal s~m and socrued intereat here- under sball become due and payabie at onoe or thereafter. at tbe option of tbe holdes oE this Note. Zbe Payee may. st its optioar. oollect a late chasge not to ezoeed two o~te for each o~e dollar of each Instalment Payment not p~sid wben due to reimburse the Payee fos ~penees ot sesviring delinqueat Instalment Payments. Failure to e:ercise these options sbatl not ooastitute a waiver af tbe right to ezerciae the aame in the event of any subsequent default It is turther agreed tt~at tbe Maker and each endoreer. auretY. ~srantor. jointly and severallY. ~U PaY all costs ot rn1leMion of thia Note, includin6 a reasonable attorney a fee, on failure to pay any Instalment Paymeat or any aocrued • inteteit due benwnder on the due date thereof. T4~is Note aad all sums due hereunder aball beat intereat at the highest lawful rate of interest per annum in the State of Florida from We date when the principal and aocn~ed intereet under this Note ahall be due and payable. The total interest payable bereunder ahall not in anq o~ year ezoeed tLe hig~est lawful sats of interaat in L~ 3tate of Floreda 'I7iis Note is secured b}r a Mortgage. dated the date bereof. of Property aitnated in the 3tate of Florida. . Tbe Maker agrees that it a6all be bonnd by any agreement e:tending the time or modiEyiag the above terms of payment, made by the Payee and the owner or owae~s of the property? affected by said Mortgage. whetber with or with- out notioe to tbe Maker, and the Maker ahall continue liable to pay the amount due bere~nder. but with interest at a ~ rate no greater tban We Infet~est Rate. aocording to the terms of any such agreement oE e:tenaion or modif'x~tion. ~ ~ Tbe unp~id balancE of tbe Principsl Amount, plua aerrued intereat ahall beoome due and payable at the option of ~ the Payee under the haPpening oE an eveat by which eaid b~alanoe ahall or may beooaie due and payable under the ternns ~ of aaid Mortgage. ~ ~ Thie Note may not be changed orally, but only by an agreement in writittg. sip?ed by the p~rty against wbom en- ~ foroement of eny waiver. change. modif'x~tion or discharge ia aought ~ R - All parties to this Note, whether Maker. principal. surety, guarantor or endoreer. hereby waive ptesentment for PaY~k demand, pmteat, notioe oE pmtest, and notice of dia6onor, and ezpreaslY aBree lointly and severally to remain and continue baund for the payment of the principal and interest provided for b}? the terms oi t6is Note. notwithstaitdin6 any eztension or ertensions of the time ot. or for the payment oE said principal or interest. or any change or chanaes in the amount or amounts agreed to be paid under or by virtue of tbe obligation to pay pmvided tor in tbis Note. or aay c6ange or changes by way of release or snrrender or aubstitution of any real pmperty and collateral, or either. held as sec~rity for this Note, and waive all and evety kind of notice of s~ch e:tension or e:tenaions. change or changea. and agree that t6e same may be made without the joinder of the Maker. ~ llacirssa: 2ao1 1?v.~n. s l~art Pisrci, llori~ia € ~ /s/ Cad W. Brown K ~ ~ ~ ~ /s/ Louise B. Brown ~ • ~ ~ ~ ~ s°ooK243 ~ ~ ~ 536 ~..r, _ ~~r~ ~ ~ r ~ _ - _ ~ Fy ~ ~I,, _ _ ~ ~i,` . , ,